An Update on The Kinesis Monetary System

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The first half of this free, public podcast includes a thorough update on the rollout and initiation of the Kinesis Monetary System from its CEO, Tom Coughlin. The second half is a discussion with Andrew Maguire regarding the ongoing yuan-gold "peg" and the status of the Commitment of Traders Report. This is extraordinarily helpful and important information so please be sure to carve out some time to give this podcast a thorough listen.

We've been speaking with Tom and Andy on a quarterly basis this year and their most recent update is here: https://www.tfmetalsreport.com/podcast/9062/kinesis-monetary-system

In this latest discussion, Tom lays out again:

  • What Kinesis is
  • What Kinesis will do
  • The potential for Kinesis to provide an alternative to fiat
  • How everyone can participate

You can learn more about Kinesis by watching this brief video: https://kinesiscoins.com/dap/a/?a=254&p=www.kinesiscoins.com/best-gold-b...

Again, everyone can participate. You can open your own affiliate account for free and get Kinesis credit as the system expands. Read more here: https://kinesiscoins.com

In the second half of the podcast, I asked Andy to specifically address two ongoing anomalies in the global gold market:

  1. The apparent and ongoing "peg" of the dollar price of gold with the dollar exchange rate of Chinese yuan.
  2. The current structure of the Commitment of Traders report. Is it bullish or bearish? I think you'll be surprised by his answer.

Thanks for taking the time to listen.

TF

  67 Comments

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AngryCitizen
Sep 30, 2018 - 12:48am

Class Act (>4 min, But Enough)

Thomas' response to Hill's allegations is a class act, but it was more civil back then, too. None the less, a class act by Thomas in the pathetic circus.

  Image cannot be displayed

Personally, I'm very glad that Judge Kavanaugh showed the Committee and the nation his outrage at the circus that we call the U. S. Senate Judiciary Committee. Rule of law means nothing there, apparently. Senate rules mean nothing there, if you have an emotionally charged issue that's judged to be worthy of trashing the history of our country's laws and order. "There ARE NO RULES" when this happens, says the circus today.

Well I'm saying, "NO!" to everything the circus brings to town. Believe it or not, the circus changes not the fact that there STILL are moral, ethical and decent people in our country who don't screw around with their sexuality BECAUSE of their religious, spiritual, and faith based beliefs handed on to them by parents and the Church. These virtues make up the character of those we've called "hero," "patriot" and yes, "saint" in our history because they ARE good. These characteristics are called virtues, and I extol them.

The Senate's role here is to "Advise and consent." What happens if they don't consent? The President is still able to appoint who he wants. End of story.

I'm totally disgusted by the proceedings, and these "leaders." Especially the decay in the Republicans' ethics and morals. Flake is aptly named. With more and more flakes in national leadership positions it gets harder for the less educated and less experienced to see the difference in character of leadership. The Light is dimmer. Soon our nation will be in darkness for the most part if the circus continues.

Rant off.

AngryCitizen
Sep 22, 2018 - 3:36pm

So I'm Incentivized

To spend KVT rather than keep it as a store of value? The "yield" is my incentive? It'd have to be POWERFUL incentive to overcome Gresham's Law.

I like that it's electronic, Blockchain, AND BACKED BY AU & AG BULLION. What's the AU to AG exchange rate?

Is it audited? How do we know more KVT won't be issued than the amount backed by physical? Seems like it's harder to track this...

How could it be manipulated like fiat is today?

How do we access KVT if electricity/internet goes down? Yeah, I can spend with dbt card, but how to deposit?

Seems interesting. If it works reliably, it would be far superior to bitcoin, et. al. And the paper dollar, which would attract the unfavorable attention of the guberment, and it's unsavory tool, the spooks dept hackers.... Could KVT stand up to that?

What about merchandise pricing? Would have to be in KVT, as that's what I'd pay in. THAT will take a while to catch on...We'd have to have a conversion rate to tell if we're getting a fair value or being ripped off.

Lots to think about here, but it's a lot more attractive than unbacked cryptos.

Dingo
Sep 21, 2018 - 7:38pm

Yield

It's best explained in this white paper . I had to read it several times and I still am not confident enough to give you my "in my own words" explanation. It's complex. That's also what I love about it. So much thought and attention to detail, devised by people that know a hell of a lot more than I do. I don't believe this complexity is designed to deceive us - it's required to make the system work.

https://kinesis.money/documents/whitepaper.pdf

I am confident enough to know that 0.1% of 2000 doesn't equal 200.

3 hat tips for bad math and shallow analysis wtf!

AGAU
Sep 21, 2018 - 2:12pm

Something you dont see evry day

A Muslim hugging a pig

Orange
Sep 21, 2018 - 1:52pm

We need to stand together.

This is a fight for Good vs Evil.

Most government(s) is corrupt or black mailed. Those that are need to be held accountable. We can't fix anything, either left or right, unless this is fixed first.

I have not watched the linked video, however if it helps people wake up to the fact that this is what we are or need to be fighting. We were all shocked/horrified by 9/11. Why do we hardly hear about the huge annual numbers of missing children.

These people are sick!

https://beforeitsnews.com/v3/alternative/2018/3637513.html

Hillary Clinton Is Empress Level Illuminati Witch (Includes Bloodshed and Abortions), Says Whistleblower in Startling Testimony! (Extremely Graphic Content, Viewer Discretion)

Libero
Sep 21, 2018 - 12:53pm

Ben -tard

there, I feel better.

Ben Stackin
Sep 21, 2018 - 12:45pm

Libero-Tard...

Anyone who doesn't have anger issues over what you idiots are trying to do to this country needs to pack up and move to Sweden or some other shithole that's been run into the ground by liberal policies.

goldcom
Sep 21, 2018 - 12:15pm

Considering GoldMoney transfer?

I'd like to know if I bank transfer(is what Kinesis wants other than crypto) out of some of my Goldmoney account once it is cash this would not be a like to like exchange and since I have a little gain of gold value at Goldmoney converted to fiat to puchase tokens my gains from Goldmoney would be taxable, is that correct?

If Kinesis had a GoldMoney account the transfer cost would be minimal and easy to do.

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brentb
Sep 21, 2018 - 12:01pm

October launch

I thought that I had heard that Kinesis was going to launch in October now sounds like March 2019. Any body remember this? Craig? I think it was in a "go to meeting" from them.

Mickey
Sep 21, 2018 - 11:10am

Health Care

is far more complex.

75 million are on Medicare and 75 million are on medicaid.

Most of the remaining are either on Obamacare thats subsidized by already the obamacare tax rate increases but no longer the penalty.

Or covered on their own costly policy or covered at a job. Most of the big companies self insure. That saves a fricking bundle assuming the ASO-administrative service provider knows how to negotiate prices with healthcare providers. Do not want to be penny wise, dollar foolish.

It also says size is an unfair advantage for the big companies vs small, but the small companies if they have brains can form their own groups where they can self insure. Its a bit complex but trade associations do it already. And companies with similar operations (competitors) can band together to do it.

What I believe in is government should be restricted by its shareholders ie the taxpayer--as to what it does. It screws up most things so just why does it run as much as it does? Fiefdoms. Everybody wants to run a bigger and bigger organization. I was taught fuck the size, we are here to make profits. The gvt needs to break even, but first it has to eliminate a 1.4 trillion cash flow deficit (which would cover unfunded soc sec, medicare medicaid and really be paygo) and then pay off somehow the 21 trillion debt.

Congress we know is dysfunctional and corrupt and self centered. They should nt use emotions to run the country, but look at the comments on how credible Dr. Fords accusations were of "he did it". Brainless, spineless, crazy corrupt dumb F politicians.

9 days till debt ceiling deadline-they will extend and pretend in order to deal with the Kavaneaugh situation which is taking up all their time with BS political games. we should fire them all. For cause and take away retirement benefits of pension and healthcare.

all of what I said here contributes to my holding PM

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