People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, but that is merely propaganda. You must understand that Bitcoin is simply a trading vehicle, not a currency. I cannot stress that point enough. My opinion has been unpopular, and clients have walked away due to my stance on crypto. That’s fine, as I am not in this for the money. I can only adequately inform my clients of the unbiased truth and hope that those willing to listen will heed the computer’s warnings.

To begin with, there is much speculation about the founder(s) — Satoshi Nakamoto – who created Bitcoin (BTC) on June 3, 2009. The mystery person or group (or government agency) has been MIA since 2011. Yet 1 million Bitcoins remain in their original account, untouched. His wallet is estimated to be worth over $81 billion at the time of this writing, and if this is indeed an individual, he or she is one of the top 15 richest people in the world. They have never moved a fraction of a BTC from their account. So, one wallet contains 5% of all mined bitcoin. Will this person or entity perpetually hold?

They expect us to believe some mysterious Japanese man created the blockchain technology and simply evaded all world governments. They claim Bitcoin is an anti-government vehicle, but it is a bureaucrat’s dream because it allows them to track where funds are coming from and going. In 1996, the US government released a white paper entitled, “How to make a mint: the cryptography of anonymous electronic cash.” Released by the National Security Agency Office of Information Security Research and Technology, this document explains how a government agency could create something like Bitcoin or another cryptocurrency. They had been attempting to create one for years and then magically Bitcoin came on the scene.

I encourage anyone interested in crypto to read my article regarding this study. Blockchain was created with surveillance at the top of mind.

Bitcoin’s price is akin to the problem that existed when the bubble burst in 1966 with mutual funds because they were listed back then. The value can change at a volatility rate of 10x that of the dollar, making it a highly dangerous instrument as a store of wealth. It is solely a trading vehicle until they weigh it and the value is changed.

In 1966, investors bid the mutual funds up beyond net asset value, so during the crash, people lost everything when they thought it was a secure investment. The net underlying assets may have dropped 20%, but they paid 20% over the net asset value and then sold at 50% of the net asset value. Many mutual funds crashed 70-90%, whereas the Dow drop was 26.5%. Ever since mutual funds have no longer been allowed to be listed. You go in and out at net asset value. Bitcoin must change its structure, or it will never become a valid currency with a stable store of value, which is supposed to be the whole point. It is just an asset class of high volatility.

I have not been bullish on digital currency, as it’s a trading vehicle no different than any other commodity or stock. Sure, a profit could be made, and many have had great success. We do include Bitcoin in our models, and those subscribed to Socrates will see that our arrays are picking up on Bitcoin next year.

Bitcoin is a trading vehicle that is no different from wheat or cattle. It is NOT a store of wealth, as it fluctuates like everything else. It rises and falls no different than any other trading instrument. It is not a “store” of value maintaining some constant value to park your money. We need to get realistic here. The concept of Bitcoin replacing the dollar fails to comprehend what makes something the world’s reserve currency. I will write a piece explaining that aspect since it is crucial to understand.

Kamala Harris spent $1 billion on her failed presidential campaign that is now $20 million in debt. Simply looking at how Harris and her team allocated funding for the campaign is a stark reminder of how poorly her entire fiscal policy would have been for the nation.

“Instead of owning any mistakes, or being transparent about the voter data and strategies that were so obviously wrong, they shut off their Twitter account and are patting each other on the back,” a former Harris consultant told the press. “We dug out of a deep hole but not enough.”

Harris spent about $7.5 million daily on campaigning efforts in August vs. Trump’s $2.7 million. She doubled down on efforts in September and shelled out $152 million daily simply on advertising while the Trump campaign spent $63 million.

Where did the money go? Kamala Harris refused to go on America’s top podcast, “The Joe Rogan Experience,” and opted to go on “Call Her Daddy,” a sexually explicit podcast that while popular has absolutely nothing to do with politics. The interview didn’t even garner 1 million views. Harris refused to travel away from D.C. and spent $100,000 converting a hotel room into a film set. She came off as out of touch and abrasive. Let us not forget that she failed to mention ANY of her policies or why she was campaigning for weeks if not months.

Her campaign relentlessly attempted to reach the youth and shelled out $4 million on “influencers” so they could pretend to support Harris on social media. She spent $20 million on concerts with Jon Bon Jovi, Lady Gaga, and Katy Perry performing the night before the election. Then there was the disastrous Oprah Winfrey interview. The Democrats actually paid Oprah $1 million to interview Harris as a guarantee that she’d portray her in a favorable light.

She avoided any interviewer who was unpaid and unbiased. She failed to appear before the American people after she was installed as the Democrat’s candidate for nearly a month and then brought her VP candidate Tim Walz to her first sit-down interview because she is not a natural leader. The few times she did sit down for an interview, her team was left scrambling for days, attempting to decode her jumbled messages.

I called Trump’s campaign perhaps the greatest in American history. Kamala Harris’ campaign may very well be remembered as the WORST in election history. Yet, the Democratic Party is breaking apart over her loss and pointing fingers in every direction. They have blamed everyone but themselves for their failure.

Terrorists have been hunting down polio vaccinators in Pakistan. The country recently launched a campaign aimed at immunizing 45 million children over the age of 5. Terrorists bombed a vaccination site, injuring 23, including children. Vans transporting polio staff have been targeted. Are these anti-vax conspiracy theorists? Violence in no form is tolerable, but there is a reason that vaccinators are being hunted down, and it stems back to the early 2010s when the CIA used a vaccination program to mask an espionage program.

The CIA was desperate to find Osama bin Laden after the 9/11 attacks, as he embarrassed the intelligence agency by evading them for years and taunting them with videos seemingly filmed from caves. When the CIA had a lead that he was hiding out in Pakistan, they launched a fraudulent vaccination program to take down the al-Qaida leader.

Then-trusted Pakistani doctor Shakil Afrid partnered with the US intelligence agency to launch a hepatitis B vaccination program in Abbottabad, Pakistan. They began the program in a poverty-stricken town to make the guise seem believable before moving to the compound where they believed Osama bin Laden was hiding.

The true goal of the program was to obtain DNA samples from children who may be within bin Laden’s lineage. Some children received polio drops, but it is unknown if others were actually vaccinated against hepatitis B. The CIA has never revealed whether they found any matching DNA samples from the children they targeted.

The Taliban immediately banned vaccinations when the plot was revealed, which is only one of the reasons both Pakistan and Afghanistan still suffer from a polio crisis today. Dr. Afridi was convicted of treason and sentenced to 23 years imprisonment. The CIA received international backlash, leading to former -CIA Director John Brennan issuing an order that forbid the use of vaccination programs in covert operations. Brennan swore that the CIA “will not seek to obtain or exploit DNA or other genetic material acquired through such programs.”

Can we trust the government and/or intelligence agencies with our DNA or vaccinations? This was not the first time that the CIA has used health services to mask espionage. Pakistan and Afghanistan are now the only two nations in the world facing a polio-endemic. There is often truth behind conspiracies.

Ukraine launched an unprecedented wave of drones over Moscow, prompting Russia to respond with a major airstrike on Sunday. Russia was able to intercept 70 Ukrainian drones, half of which were shot down over the Russian capital. Over the weekend, Moscow retaliated with a wave of 145 drones, marking the largest offensive since the conflict began. Ukraine claims it shot down 62 of the incoming drones.

The American Neocons were orchestrating the Maidan Revolution. Can you imagine if Putin came to a protest in the USA and told the people they needed to overturn the government?  This interference in foreign nations has led to countless deaths. McCain urged revolution and promised entry into the EU and peace. They instructed Kiev and their hand-picked government to start the civil war. This nonsense that Putin wants to restore the Russian Empire is just laughable. He had years to do so since 1999 and never made any such effort. The Russian people do not want to return to those dark days either. Everyone I know from Russia throughout Eastern Europe who experienced Communism as well as those in China have zero tolerance for a return to those very dark days of Marxism.

Zelensky is desperate to try to force Russia to attack anything in NATO before Trump takes office. Our computer still shows Ukraine going into a flat line. The Ukrainian people must step up against Zelensjy to save their culture and country. Zelensky’s attack on Moscow targeting civilians is a desperate attempt to create World War III before Trump takes office. This guy is dangerous to the entire world, for he remains a hand-puppet of the Neocons. We have high volatility going into December, thanks to Zelensky.

We neglected to upload the Agricultural Report for the WEC Attendees. This will be in your Portal by Tomorrow.

The Normal Price is $500

Semiconductor chips were the main topic at an adjacent conference in the Hilton Bonnet Creek this week. An employee of mine spoke with one attendee who said shareholders were concerned that their manufacturing headquarters were located in Taiwan. Should they be concerned?

I’m told the general consensus was that even in the event of China following through with its One China policy, the company believed that China would not want to lose such a lucrative business deal with the United States.

I hate to be the bearer of bad news, but the United States is not the only nation lining up to purchase chips. Most tech companies NEED those semiconductor chips and the world never truly recovered from the shortage a few years ago. This particular company produces top-tier chips and there is an extremely high demand for them. People will pay top dollar.

Look at what happened in Russia. We are still purchasing Russian oil but through third party nations like India who turn around and sell it at a premium. Energy is more expensive for everyone in the West now. China could implement retaliatory tariffs for the US and anyone else disobeying the One China policy and China is strategic enough to know that cutting off the West’s supply of semiconductors would be a economic blow.

Socrates accurately predicted Taiwan’s election results earlier in the year and we saw a direction change back in January. Taiwan’s new President Tsai Ing-wen is the most outspoken Taiwanese leader against the One China policy. He has been deemed a threat by the Chinese government. The neocons have said they will defend Taiwan to the end, while China has reiterated that any attempt to interfere in its affairs will be met with severe consequences.

Tsai Ing-wen is eager to strengthen relationships with the US by producing more semiconductor chips. The US set aside funds specifically to build up domestic manufacturing, but shortages remain a serious problem.

“In the face of authoritarian expansionism and the challenges of the post-pandemic era, Taiwan seeks to bolster cooperation with the United States in the semiconductor and other high-tech industries. This will help build more secure and more resilient supply chains. We look forward to jointly producing democracy chips to safeguard the interests of our democratic partners and create greater prosperity,” Taiwan’s president stated.

Taiwan’s growing relationship with America is fanning the flames of war. The nation’s entire military strategy relies on superpowers like America shielding it from China. Our adversaries see that we are wearing ourselves thin and striking will be far easier than before.

It remains to be seen how relations will pan out with Trump at the helm. We all remember the infamous US-China trade war under his first administration where both nations needlessly slapped on tariff after tariff. Let’s also remember that it will not be easy for Taiwan to export anything if there is war in the Indo-Pacific. Is made in Taiwan a safe bet right now from a Western perspective? Unfortunately, the answer is no.

European Union nations are concerned about Trump’s victory, as Trump has historically opposed the NATO alliance siphoning funding from the US. Before Trump, only a handful of nations were paying their 2% of GDP obligation. World leaders are now calling for a European army, but a plan is already in place for a unified army that NATO could rapidly deploy.

Now, EU nations host multinational armies of 1,500 troops and have had them in place since 2007, yet they have never been deployed. France famously vetoed plans for a unified European army, but President Macron is now open to creating one. The Baltic nations also oppose a unified EU army as they believe it will decrease NATO’s strength. The UK once vetoed the proposal as well when they were within the bloc.

“If we do not start thinking about ways to organise our common defence, we will not be strong enough when we need to defend ourselves, or our neighbours,” voiced Polish leader Luc Frieden. Poland became the top contributor to NATO in terms of GDP after Russia invaded Ukraine.

“At the beginning, we should go ahead with a coalition of the willing. A few countries that are ready to pool their sovereign rights to be more efficient in defence.” He added, “Of course, each country will want to keep control over important decisions such as when to activate its army, when to send its soldiers to war. But it is also obvious that the current situation does not offer the level of security that we need. So, we need to start thinking about a European army.”

How could an effective military strategy be developed if each nation were acting independently? It simply would not be effective. Still, the EU is creating a Rapid Deployment Capacity (RDC) force that some are calling a “European Army.”

The first RDC exercise took place last month in Spain, with the cooperation of nine EU members and 2,800 military personnel. The EU believes that by next year, it will have 5,000 troops within the RDC who can deploy at a moment’s notice.

NATO has eight multinational brigades with 300,000 troops who could be ready for deployment within 30 days, and it has the capacity to expand to 500,000 if needed.

Trump does not want America involved in endless wars, yet he is inheriting 2.5 proxy wars.

The extremists in the Democratic party not only hate Trump, but they vehemently hate his supporters. In the wake of back-to-back hurricanes, the people of Florida relied on FEMA for emergency assistance, which the agency provided with federal funds. It has come to light that an employee canvassing properties in Lake Placid, Florida, ordered workers to bypass homes with Trump-Vance signs.

“Avoid homes advertising Trump,” FEMA supervisor Marn’i Washington advised her employees in a Microsoft Teams chat. FEMA workers overlooked at least 20 homes, noting, “Trump sign no entry per leadership.” Washinton has since been fired but her actions are nothing short of a political hate crime.

Governor Ron DeSantis has ordered an official investigation. How was this permitted and why didn’t anyone report her? How many homes were truly overlooked? “The blatant weaponization of government by partisan activists in the federal bureaucracy is yet another reason why the Biden-Harris administration is in its final days,” DeSantis posted to X.

FEMA claims this was an isolated incident. FEMA Administrator Deanne Criswell insists that FEMA is dedicated to helping all survivors “regardless of their political affiliation.” “This was reprehensible. I want to be clear to all of my employees and the American people, this type of behavior and action will not be tolerated at FEMA and we will hold people accountable if they violate these standards of conduct,” Criswell stated. Criswell must appear before the House Oversight Committee Chairman  James Comer on November 19.

Let us not forget that FEMA consistently “misplaces” funds, and Republicans voted against providing the agency with additional funds. The courts must learn if this was truly an isolated incident or if others also ordered their employees to leave conservatives to rot amid dire tragedy. Yet another incident that shows how far the extremists on the left will go. A portion of the country doesn’t believe the other has a right to exist, which is precisely why the nation is beginning to fragment.

We were led to believe that conservative voices were the fringe minority across the United States. Trudeau in Canada used “fringe minority” to ostracize those who disagreed with him, and other nations will soon see that their people have also lost all confidence in their governments and will demand change.

Over 73 million Americans spoke with their vote this November and shocked the establishment by proving they disagree with their agenda. The media would like us to believe that Trump supporters are “deplorable,” “Nazis,” and “fascists” who are full of hate. They used divisive political rhetoric to make us see our neighbors as the problem rather than the government.

Trump supporters were demonized alongside him and forced into hiding for the past four years. People were genuinely worried about openly supporting Donald Trump. Look at the map above. There are not many indeed BLUE states, but rather, a bunch of big cities that want to tell the rest of America how to live. Americans are rejecting woke ideology, endless wars, endless government spending, and taxation, and yes, we noticed that our current president was mentally unfit for the job. Again, for the past four years, most Americans have secretly been questioning the direction of this nation and the Build Back Better agenda. Conservatives may now come out of hiding.