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Tulip mania (Dutch: tulpenmanie) was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels, with the major acceleration starting in 1634 and then dramatically collapsing in February 1637. It is generally considered to have been the first recorded speculative bubble or asset bubble in history. In many ways, the tulip mania was more of a then-unknown socio-economic phenomenon than a significant economic crisis. It had no critical influence on the prosperity of the Dutch Republic, which was one of the world's leading economic and financial powers in the 17th century, with the highest per capita income in the world from about 1600 to about 1720. The term "tulip mania" is now often used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values.
1637 1797 1819 1929 1937 1957 1974 1984 1987 1901 1992 1997 2000 2007
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Feb 14 2019 06:02:24 (EST)
Register all data pulls to location.
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Sep 14 2020 20:36:24 (EST)
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Aug 30 2018 17:36:22 (EST)
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Aug 30 2018 17:35:22 (EST)
SNOW WHITE 4 NOW OFFLINE.
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originally posted by: Guyfriday
originally posted by: CrazyFox
"Kelly's Hero's" was more documentary then comedic war drama. Ask yourself about where the gold went, then see why the Swiss never really cared about where it went.
Some people that have large amounts of gold in their position got it how again? If gold is really valuable then why does it have to be converted to paper money before you can use it, paper money that is only "Agreed upon in value"?
NOW IT’S ALABAMA AND BULLION
You can now add Alabama to the list of American states that are taking definite moves to utilize bullion as currency, as that state's senate has just passed a bill removing sales tax of gold and silver bullion.
A similar move recently passed the Utah legislature as it successfully removed sales tax on the Utah "goldbacks", the local currency that started in Utah and has already spread to being used in some places in Wyoming. Texas, as readers here already know, has opened its state bullion depository, neighboring Oklahoma is considering a similar measure to Alabama's, Mississippi has already passed one, Tennessee is considering similar measures and its own bullion depository, South Carolina has already passed such a measure...
If you're an American state, or for that matter, an American ally, and you've been really following all the strange financial stories of the past few years, you'll be hard-pressed to avoid a particular conclusion: the United States Mint, the American Federal Reserve system, and the US Treasury are not the only agencies or actors with a degree of influence over the US money supply, nor are they the only actors capable of minting US currency.
Indeed, there would appear to be other actors with access either to official US currency plates, to plates closely approximating them, and those "other actors" could be just about anyone, from foreign powers, to rogue cells or agencies within the American intelligence structure. Digital currencies won't cut it, and the dollar? Well, if there are "other actors" in the system then we have no idea how much liquidity in the form of circulating currency there is. Then there's all those derivatives - quadrillions of dollars' worth - sloshing around in the system.
The only way to restore trust and confidence would appear to be - you guessed it - bullion and bullion-backed physical media exchange, and American states are acting accordingly.
SUPERNOTES: AN OLD STORY WITH A MODERN KICK
originally posted by: FlyingFox
Moskva sunk by two Neptun missiles
From an Intel agent posting in Russian translated...
The work of the British reconnaissance aircraft RC-135. Date - April 12, Romanian airspace.
➖ The work of the American Global Hawk UAV, which took off from the US Air Force base on the island of Sicily. Date is 12 April. On that day, flights of 10 reconnaissance aircraft of this type were recorded.
originally posted by: RelSciHistItSufi
originally posted by: ColdWisdom
Vanguard just surpassed Musk in Twitter stockholdings: