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I’m back in Newark after a week in Germany meeting with governments, central banks, and wholesalers—over 50 meetings with wholesalers from Asia, Europe, the US, and others, plus talks with banks acquiring metal. Here are the key points from a few perspectives: - Market backdrop: the world is broadly backed up on retail-ready silver and gold, especially silver. Many markets are backed up three to four months for product. Scottsdale Mint is not as backed up on most products and is working to keep product flowing. There is raw material in the United States, and Scottsdale Mint has no issues with US raw material for minting operations. In Europe, however, there are concerns in the second half of the year about metal flow and supply. - Supply chain and refinery bottlenecks: the refineries are backed up for months, with some booked out for the entire year to premier clients. This is creating logjams and wide spreads in some markets. Some dealers in the US and elsewhere report buy-to-sell ratios around 10-to-1, forcing buybacks due to limited refinery turn-ins at storefronts. - Price and market dynamics: the speaker noted being hit hard by the market, and previously posted a range of “1.50 to 50” (quoted as a guess in a volatile context). There is ongoing contention for physical metal, particularly silver and other critical minerals. The speaker believes the Chinese were bidding heavily and India was alongside them. A fund with a large premium over spot closed on Friday, trapping investors in that fund while futures trading continued, contributing to a cascading effect. When China closed, prices dipped from around 100 to the 70s, then recovered into the 80s. The market is volatile and likely to be a wild ride. - Short-term and long-term outlook: in normal markets, such extreme moves typically take weeks to months to sort out technically, but Shanghai premiums are high enough that the recovery process could look different. The physical market could potentially overwhelm at current prices because every yuan in China buys more ounces than when prices were 20% higher. Silver remains the number one asset in 2026 despite recent declines. The speaker remains cautiously optimistic for the year. - Strategies and advice: dollar-cost averaging, and avoid leverage. These assets should be acquired and held rather than aggressively traded. You can take profits along the way, but those buying ounces should hold. Those who bought last year or recently still own their ounces. - Market entrants and youth movement: new buyers are entering the industry globally, across ages, including the US and Europe. A youth movement is visible on platforms like TikTok, signaling a growing interest in precious metals. This is expected to positively influence the long-term dynamics even as big players (governments, banks) are active and retail has shifted from selling to buying after a period of quiet. - Clarifications and rumors: claims about a major US Mint closure are not accurate; a government entity paused orders to catch up but will resume. There is substantial misinformation, and the speaker plans more updates in the coming days and weeks. Overall, the speaker forecasts a wild opening and anticipates further volatility and potential upside as physical demand and new buyers interact with existing market frictions and refinery constraints.

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My first idea was to trade and be a market maker. I spent a year trading in the ecosystem, specifically doing arbitrage. At that time, there were many significant arbitrage opportunities, with some spreads reaching up to 10%. I decided to try them out and see if they were real and if I could actually profit from them. In the end, it seemed like I could.

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In 2008, I faced a tough decision with around $30-40 million left. I had two options: invest it all in one company and let the other one fail, or split the money between both companies and risk losing both. It was like choosing which child to let starve. Unable to make that choice, I decided to divide the money between them. Luckily, both companies managed to succeed in the end.

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The speaker states they were not a well-behaved employee and preferred independence. Clients of Sheersen at the time had great relationships with them and were willing to pay them directly, which allowed the speaker to start what they didn't view as a business, but as getting paid to play the markets. Over time, the speaker needed people to work with and acquired computers and other resources. The speaker states that it grew and became a company, but they never viewed it as such, instead seeing it as just doing "this thing."

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If you go to our website, cultivatedelevate.com, you drop down to the stockist on the bottom of the website, and you click that, you can see our Australian stockist. We're also in Canada. We're also in the EU. You know, I try to be everywhere so that people can get our products because people don't even realize how much superfoods get targeted. During the pandemic, I remember they were quarantining okay. They were quarantining our superfoods. Not not the boosters. The boosters were coming in for people to get boosters over and over and over again, but the superfoods, lion's mane mushroom was being quarantined when we would send it to people. I would send it up to Canada. I'd send it to Australia. I'd send it to the EU. Imagine this, imagine your job. This is how silly this is.

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The transcript documents an undercover interaction in which participants discuss race, journalism ethics, and the figure James O’Keefe. The scene centers on a group including Speaker 1, Speaker 3, Speaker 4, Speaker 6, and others, with repeated mentions of real or claimed identities and affiliations. Key points: - Jonathan Franklin is introduced as an adjunct professor at Georgetown University, a former NPR correspondent who “wrote about issues concerning race, culture, identity, and justice.” In the meeting, Franklin claimed to be a national CBS News correspondent, a detail the participants initially believed but later learned was false. - The group repeatedly uses racially charged terms, including “coon” and “selling out,” to describe public figures such as Clarence Thomas, Candace Owens, Herschel Walker, and Lawrence, with remarks about black public figures and alignment with white audiences. - A notable moment involves Franklin’s reluctance to speak openly. He is encouraged to say what he really thinks publicly, suggesting a conflict between journalistic restraint and personal candor. He muses that to reveal his true thoughts would require him to “stop being a journalist” and “exit news.” - The conversation reveals ongoing undercover journalism objectives. The participants discuss “watchdog gotcha” methods and the ethics of using hidden cameras, contrasting traditional journalism models (e.g., 60 Minutes, Mike Wallace) with contemporary practices. They debate how to expose individuals without compromising their own integrity. - The group discovers that Franklin does teach a Georgetown course on “sourcing and interviews technology” in the spring, with a scheduled class in January 2026, taught alongside others (Parker Lenay, John Fisk, etc.). Despite earlier claims, they confirm the teaching role and course details through Georgetown’s scheduling. - The dialogue includes a shift from discussing race and media ethics to identity deception. At one point, Franklin (or the person playing him) denies being James O’Keeffe, while another participant asserts, “I am James O’Keefe,” prompting confusion about identity. This culminates in an admission that Franklin’s identity was misrepresented by the others during the encounter. - The narrative frames the episode as a critique of bias in journalism. The speakers argue that objectivity is contested and that a journalist’s hidden biases can color reporting, especially when slurs or harmful stereotypes are used publicly by someone who holds a professorial or media position. - The segment concludes with a self-referential note on exposing truth and holding powerful figures accountable. The discussion emphasizes the public’s right to know the truth, including information about Georgetown’s faculty and the behavior observed during the encounter. - The document includes references to ongoing investigative activity, including future steps at Georgetown’s Dean’s Office and President’s Office. It also references the broader mission of O’Keefe Media Group and Citizen Journalism Foundation. Note: The transcript contains promotional material for a gold investment partnership, which has been omitted from this summary per the request to exclude promotional content.

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Diamonds are forever. De Beers’ mines used a segregated compound system, where miners were virtual prisoners unable to leave until their contracts ended; once released, they had no free movement in the country. At the height of its power, Beers controlled over 90% of the world’s diamonds. Although diamonds are relatively common in nature, De Beers could regulate how many reach consumers. They ran aggressive ad campaigns and increased the diamonds’ worth in the eyes of the general public, convincing people that there should always be shiny diamonds in wedding rings. Happy anniversary. Steven, it’s beautiful. A diamond is forever. De Beers. Ernest Oppenheimer, seeing the potential in controlling this giant, began to buy shares in De Beers in the early nineteen twenties, and by 1929, he became the chairman of De Beers, gaining control over the company’s vast diamond interests. You may have heard that diamonds are a girl’s best friend, but a lot of those come from Israel. If you have a diamond or ever bought one, you were probably supporting US–Israel trade even though you probably didn’t know it. The Israeli diamond industry contributes about $1,000,000,000 a year to the IDF, and every time someone buys a diamond from Israel some of that money goes to the military. Diamonds and all the associations we have with diamonds is a product of a marketing strategy. This is probably the most successful campaign in history. This is the closing line: Diamonds are forever forever.

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That night, I was trafficked, starting a new life where I was still on call for Epstein, but also for any friend he chose. I was trafficked to billionaires, politicians, professors, even royalty - the elite, the people who run the world, the most powerful people in the world. Epstein did this to use me as a form of blackmail. These people would owe him favors. He wanted to always have something on someone, just in case he needed it.

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Various countries benefit from the exploitation of resources like Coltan, which is obtained through dangerous and laborious mining. Miners risk their lives due to collapsing mines and senseless murders by groups like the M23. However, the blame lies with the most powerful and politically influential nations. A Palestinian writer connected the situation in the Democratic Republic of Congo (DRC) to the genocide in Palestine, highlighting Israel's involvement. Israel has armed and trained militias in Rwanda and Uganda to maintain chaos, allowing Western countries to extract minerals from Congolese mines. Israel's major export is diamonds, even though it lacks diamond mines. Instead, diamonds come from African countries like Congo, where the trade is tainted by violence and referred to as the "dirty trade" or "blood diamonds." This undeniable link persists across various atrocities in Africa.

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The speakers discuss the use of diamonds as untraceable forms of payment. They mention uncertainty about the number of diamonds Biden received. Speaker 1 talks about their extensive travel to China and Hong Kong, with many people working for them in Mainland China without receiving any money from businessmen or women.

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We visited Lake Tanganyika, which is 900 kilometers long and 200 kilometers wide. Upon landing at a new airfield, I met a group of Italians building roads for the Zambian government. They expressed interest in my plane, and I agreed to sell it to them for the same price I intended to get in England. In return, they offered me half their shares in an emerald mine if I refunded half the sale price. They presented me with 118 cut Zambian emeralds as a deposit and promised to supply rough emeralds regularly. After returning to South Africa, I began selling the emeralds, finding success by targeting top jewelers who catered to wealthy clients.

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I'm from Israel and had a tough past, including jail. I sold drugs and trafficked Russian women while in the IDF. I got kicked out, but stopped trafficking. The other person was shocked by my actions.

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There was a company called De Beers. De Beers came along, started buying up the diamond mines until they could control the outflow of diamonds. They really created the whole system of grading diamonds to kind of create this idea of value. Diamonds are relatively common. There's enough for everyone on the planet to have it. So all they really had to do was create a giant need for diamond. Giant marketing campaigns convinced everyone that this was the stone to use for engagement rings. And by controlling the market on the diamonds, they could charge whatever they wanted and create all these different levels to give it the appearance of value. Now, my understanding is at this point, it's not so much that they're controlling it all now. But no, there are much, much rarer stones. Tons of much rarer stones.

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Speaker 0: Some viewers may find the following video disturbing. Viewer discretion is advised. Speaker 1: This is a fact. We are all being controlled by an elite, wealthy, and privileged few. When Jeffrey Epstein, the billionaire, was found guilty of sex trafficking, he was set to squeal on all the elites in Hollywood and in Washington who used his child sex services. But Epstein was found dead in a cell from, quote, suicide. Why do the elites want children from sex traffickers? Adrenochrome. It is harvested from children for a euphoric and life enhancing benefit. This satanic cabal of Hollywood and political elites all need the adrenachrome to maintain their positions of power, and they will continue to do so until we stand up against them. Now, do you have any questions, Craig? Speaker 2: So does Oprah drink the same blood as Obama or is it usually a different kid? Speaker 1: It's kids from all over the world. Speaker 0: There was a recent Newsweek article about how blood from young people can slow aging. Connecting the circle tree system of old and young mice is documented to have rejuvenating effects on cells, tissues, organs and various functions. Is this where vampire myths and lore throughout human history and cultures derives from? Queen Elizabeth the second is related to Vlad the Impaler which makes Prince Charles the heir to Dracula's bloodline. Aldous Huxley's 1954 essay, The Doors of Perception written mostly about his experiences with mescaline discusses the possibility that adrenochrome is a compound with similar effects to the psychedelic cactus. Speaker 1: He has not taken it and doesn't know how one would obtain it saying just how it spontaneously produced within the human body. He describes it as a product of the decomposition of adrenaline which is surprising correct. There's a brief mention of Dren Crom in the 1962 novel A Clockwork Orange by Anthony Burgess, where it's an optional addition to the cocktail which is a glass of milk Moloco Plus. But probably the most cited use of the compound is in Hunter S Thompson's Fear and Loathing in Las Vegas. The controversial author Hunter S. Thompson was allegedly linked to Larry King as implicated in the testimony from Paul Bonnachie who he looked at in the Franklin scandal in the Deep State War Part four Satanic Panic. Paul Bonnachie was the pedophile victim who revealed that Thompson directed a graphic snuff film made near Sacramento, California at a location called Bohemian Grove. Speaker 2: What is this shit? That stuff makes pure masculine seem like ginger beer, man. Adrenochrome. Adrenochrome? Where'd you get this? Never mind, it's absolutely pure. What kind of monster client have you hooked up with this time? Satanism freak. I think there's only one source for this stuff. The adrenaline gland from a living human body. I know. Speaker 3: When someone is being sacrificed, ladies and gentlemen, which is a very horrible thing, the person is terrified and adrenaline is pumped into their body. When you drink that blood, you get the high, the adrenaline high, that that person was in. And you, after a while, become addicted to that adrenaline high. There's also a very top secret. This substance, it's called adrenalchrome, and just the very existence of it's been kept very secret by these people. If you time things just perfectly right, as the person is being sacrificed, you can stick a needle here at the base of skull and if you know what you're doing and the timing is correct, you can extract adrenal chrome, which is a very valuable drug, natural drug on the Illuminati's black market. This is why you will see that well, backtracking just a little bit, the establishment news media said that the reason why Al Gore carried blood in a suitcase was that he was a hemophiliac. But the truth of the matter is that he's become addicted to blood. Speaker 0: This video shares a large data dump and paper trail of documents that are potentially the most shocking evidence of the existence of Adrenochrome yet. The volume of data is extensive and points out that this happens on an industrial scale and is part of a worldwide network. This information was left on a USB stick purchased in Germany. The person posted the information to the boards and it contained data from a company called CYM that allegedly runs camps and evaluates children. There are allegedly secret detention centers set up inside various corporations where kids as young as three years of age are tortured and harvest on mass for adrenochrome. In the documents, they are called detention centers so they can masquerade as juvenile detention centers to the public eye. But you don't detain three year olds in such centers nor do you harvest adrenochrome in legitimate detention centers, obviously. It seems from the data it is unproductive to kill the kids just to harvest this stuff, instead they're repeatedly tortured and then harvested whilst being allowed to live. The average age of the children in these detention centers is nine to 10 years. For satanic services, they probably kill the kids for each harvest but on an industrial scale, that's just not practical. Images one to 12 in the documents are the names, ages and the locations of the kids as well as how long they have been harvested. Images 12 to 18 in the documents show a few of the retail outlets where the elites can buy this stuff including the prices, the quality and the amount which is in milligrams. Image 21 shows the front names of the companies that have the kids and from this, can clearly see they are running the exact same front companies in four different countries and have the number of kids per front company in each country listed as well as the total per front company name listed. There is also a column to indicate whether the child is suicidal as if they are the instructions seem to be to step up production and harvesting to maximize what they can get from the child before it gives up and dies. There was also a website on a black paper from the dark web that was linked to the launch of a private crypto that was allegedly for invited people to buy Adrenochrome through an ERC 20 token. This information was scrubbed from the internet, but before it was, I did survey through it. And although I cannot verify its authenticity, there were about 20 pages of legal jargon attached to the terms and conditions which seemed like a lot of work for someone to do for just a lark. So it looks like the deep state were using Wuhan to process their adrenochrome. This is what Adrenochrome looks like as you can actually buy it on alibaba.com. Speaker 4: In Tulsa, but he's down there saving children as we speak because they're pulling kids out of the darkest recesses of hell right now and dumbs and all kinds of the adrenachroming of children. Speaker 5: No. Jim, you you said you said a word a minute ago, and I I wanna clarify what that word was because you said a word. And I wanna make sure that you said adrenocrome. Speaker 4: Yeah. Speaker 5: And a lot of people here, there's about 4,500 people here. There's Yep. About a half million people streaming online. We're having some cyberattacks. That feed's been going on and off. It's it's a but you said that word. And by a show of hands, who's heard that word before in this building? Could you please explain to the extent that you want to or not want to what that is? Because some people have never heard that before, and we need to discuss that. Speaker 4: Essentially, you have adrenaline in your body. I'll just simplify it. And and when you are scared, you've produced adrenaline. If you're an athlete, you get in the fourth quarter, you have adrenaline that comes out of you. If a child knows he's going to die, his body will, secrete this adrenaline, and they have a lot of terms that they use that he takes me through. But, it's the worst horror I've ever seen is screaming alone even if I never ever ever ever saw it. It's beyond and these people that do it, there'll be no mercy for them. Speaker 6: When they torture the children, it causes a physical reaction of the endomorphins in your body to just increase because of the terror and the pain. So when the satanists drink the blood, they actually get like a chemical, you know, high, like a drug high from the blood of a tortured victim. And this little boy was found in the basement dead with no blood, skinned alive and crucified. This cannot happen to any more children. I can't do it alone. Speaker 7: Let me just point out that pedophilia does not stop with sodomizing children. It goes straight into terrorizing them to adrenalyze their blood and then murdering them. It also includes murdering them so that they can have their bone marrow harvested as well as blood. Speaker 8: Through the sacrifice ritual and they build up the terror. What happens is the terror reaches a point where a certain adrenaline pours into the blood and the people doing the ritual then drink that blood and they get a real high from that adrenaline. Speaker 9: What they need is for it to be secreted in the blood is they need terrorization of of their victims. They before they are killed for their blood. And it they have to terrorize them to get this to come out in the blood and be secreted in the blood. They are killed at that moment as they are staring into their eyes, and they will drink and they drink the blood, and the blood is highly sought after. Then they have these children that they're kidnapping and bringing in from other countries, and no one misses them because these are third world countries. Speaker 10: It's even worse than before because they are using all these kids arriving with the refugees. They are taking them from the boats directly and bringing them in their pedophile networks, taking their organs. They found hundreds of emptied bodies put back together in Egypt and in other places before. This is scandalous. I think this is really becoming revolting. Speaker 9: And children are the they have the most energy, the purest energy, the they're the highest form of sacrifice. They are used as actual blood sacrifices during these rituals. I have seen at rituals. I have seen George Bush. I have seen Madeleine Albright. Speaker 9: I have seen Henry Kissinger. I have seen Ronald Reagan. I have also, by the way, seen his wife, Nancy Reagan. I have seen Hillary Clinton before I knew she was Hillary Clinton at the time at these rituals. She is involved. Jay Rockefeller, Gerald Ford, these people seem to all be connected. I've seen all of them drink human blood and consume human flesh, and, they have their own, goblets in which they have blood, these these goblets are encrusted with jewels. Speaker 0: Now, this next section comes with a warning as it features a person who myself and others have offered to help before but won't accept it for their own reasons which I respect, but I will ask you to send them your prayers and good energy. Speaker 11: Hello. My name is Katie Groves, and I am a survivor of the child snuff industry. This video is about my experience growing up in a child snuff ring known as uncle Sam's snuff factory. This ring was located in Central Texas, and I will speak about it in the past tense only because I do not have current knowledge of its existence, but that does not mean I have any reason to believe that it has been shut down. My home was in Austin, and I recall the drives being about forty five minutes to get to this place. I recall it being in farmland, the entrance at least, most of the ring being underground. High ranking government officials and military agencies orchestrate it To believe that there are deep underground military bases that commit mass genocide against children, film it, and sell it on the black market to watch it is unfathomable to most people. I spent the first seventeen years of my life being taken to that place on a near daily basis, sometimes held for longer periods of time in which I Speaker 10: was Speaker 11: incarcerated, did not know if I would ever see daylight again. I witnessed thousands of murders. They called it Uncle Sam's snuff factory. It is the very literal definition of hell on earth. It is not unique. There are other places like it all over the world. I have been trafficked there as well. It is one of those places where a person can get literally anything they want for the right price if they have the connections to be there. I have seen wealthy aristocratic white women ordering children of color on menus to be delivered, dead, cooked on platters in a wing of the place they called Cannibal's Kitchen. And the reason I'm alive and the reason I survived is because I was born into an organized crime family involved with the CIA who ran this operation. I have the genetics, the family background to be a candidate for perpetration, for continuing the cycle of violence, for being one of the quote unquote leaders or members of the group. So I was kept alive for experimentation, for slavery for use. Because we're not just talking about death, we're talking about the worst possible ways to die. Children being boiled alive in shit and piss that predators paid to donate into iron tubes. We're talking about children cut apart, fed to other children for people's sexual gratification. This is reality. And all I ask of those who watch this is that you remember that while it may be excruciatingly painful for you to look at this reality, to think about this being possible, there are children. I ask you to remember and acknowledge that there are children who are surviving it every day. And if they can do that, maybe you can muster the strength, if you have it, to look, to stop the madness. I doubt if that will ever happen. You can help the collective damage created by these rings. And hopefully one day that collective spirit will be strong enough to take this stuff out at its source. To go down into the trenches and actually rescue the majority of the children in child trafficking who never make it out. Speaker 9: Don't forget to subscribe and click the notification bell for more must see videos.

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I would take money home and store it in a safe for buying more emeralds later. This went on for about seven years, and I allowed my two boys, Elon and Kebo, to take money from the safe as needed. Sometimes, when I opened it, notes would fall out. Regarding Elon’s tweet in December 2019 about not owning an emerald mine, it’s a family matter. I never owned a mine but received rough emeralds from the Katanga Mine in Zimbabwe through a deal. Elon visited the mine with me, so he knows the truth. I also took stones to jewelers overseas to sell them at lower prices.

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I studied economics at Harvard and made money by betting against Home Shopping Network stock. This led me to learn about derivatives and start a hedge fund in 1987 with $265,000. Equipped with technology like a fax machine and a satellite dish, I navigated the market crash of '87 successfully. Our fund grew to manage $1,000,000 in capital.

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Great Zimbabwe rose in the hills of Southern Africa as a massive stone metropolis with walls over 30 feet high, built by hand. Its towers reached toward the sky, its gold fueled powerful trade routes, and its king ruled an empire so rich Arabian merchants bowed before him. When Europeans arrived, they couldn't believe what they saw. 'These ruins must be foreign,' they insisted. 'They're too sophisticated to be African.' So they buried the truth. Literally—British archaeologists destroyed evidence, rewrote the story, and claimed it came from Phoenicians or aliens, anyone but Africans. But the stone wouldn't lie. Carbon dating, oral traditions, and local art all revealed the same thing. This city wasn't lost. It was silenced. Great Zimbabwe was home to over 18,000 people, centuries before Europe's castles even had plumbing. No colonizer could explain it. Stones don't forget.

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My job was to identify resource-rich countries and secure large loans from organizations like the World Bank. However, the money didn't benefit the country but instead went to our corporations for infrastructure projects. These projects brought profits to our corporations and improved the lives of a few wealthy families, but the majority of the people suffered. The funds meant for health and education were diverted to pay off the debt. When the country couldn't repay the loans, we would step in through the IMF and arrange refinancing. This resulted in the country selling its resources cheaply to our corporations, without environmental or social restrictions, and aligning with us politically. This was how we effectively enslaved these countries.

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Don't send money to your family. I sent my mom money for three years to build my wealth here. I sent money every month, and sometimes weekly, totaling over two million pesos. She spent it all, only buying the land. I came to Mexico expecting to see my completed property, but my effort meant nothing. She didn't even buy materials. I just paid to have the overgrowth cleared. If you work abroad, don't send money to your family unless they are truly trustworthy. I trusted my mom, and this is how she repaid me. She spent it all and now won't answer my calls or messages. She even kicked me out of her house. My siblings don't want to see me either because they all spent my money. Don't send money to family; trust me.

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The genocide in Congo, apartheid in South Africa, and the exploitation of Africa are interconnected with Israel, particularly through its diamond trade. Surprisingly, Israel's largest export is diamonds, despite having no diamond mines. This revelation highlights the importance of verifying information we encounter online.

Founders

The Founder of Rolex: Hans Wilsdorf
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An orphaned son of early 20th‑century Switzerland, Hans Wilsdorf built Rolex around a startling belief: wristwatches would eclipse pocket watches and redefine time itself. He records in his own voice that he was born in 1881 and became an orphan at twelve, with uncles liquidating the family business to send him to boarding school. There he discovers mathematics and languages, an education he says later enabled him to travel, work across borders, and study the watch trade up close. This early self-reliance becomes a through line in a career that would reshape an industry. At nineteen, Hans lands in a Swiss city as an English clerk for Kuna Corton, an importer of Swiss watches. His language skills and global brief give him a front‑row education in international marketing, margins, and distribution. He soon moves to London, where two years pass before he launches his own firm, Wisdorf and Davis, buying watches from Swiss manufacturers to sell them through retailers. He soon learns the trade as an outsider, learning the fault lines between middlemen and brands. His early strategy is improvisational, with dozens of brand names before he commits to a single Rolex. After a London switch, he develops a disciplined three‑part ambition: watches must be precise, waterproof, and self‑winding. He buys movements from Agler and insists on independent performance certificates to prove accuracy, a move that foreshadows Rolex’s later emphasis on certification. In 1905, at twenty‑four, he forms Wisdorf and Davis; by 1908, he narrows to a single name and begins stamping dials with a brand. The Oyster waterproof case, developed with a Swiss patent, unlocks the Perpetual self‑winding movement. A sequence of innovations, aggressive marketing, and strategic acquisitions turns Rolex from a reseller into a brand. Branding becomes central. Rolex launches a focused advertising push, insisting the Rolex name appear on dial and selling to retailers as wholesalers with the brand attached. The company builds a marketing framework with high‑visibility displays and sponsorships, aligning with Churchill, Eisenhower, Campbell, and Everest expeditions. The Oyster’s fame grows alongside the Perpetual’s promise. In 1926 the waterproof case gains a patent; in 1927 Mercedes Gleitze’s Channel swim carries a Rolex, proving timekeeping under stress. In 1944, the Hans Wilsdorf Foundation is created to own Rolex, safeguarding its independence, and a handshake with Agler binds the partners for seven decades.

My First Million

Shaan Challenges Sam to Ignore His Limits, Michael Rubin is the Billy of the Week, and More
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In this episode, hosts Saam Paar and Shaan Puri discuss various topics, starting with an intriguing opportunity to film a web series in Baja, Mexico, focusing on weekend adventures. Shaan expresses interest in surfing but is hesitant about motorcycles and helicopters. They then shift to fitness, with Shaan sharing his journey of getting fit over the past year, increasing his workout frequency and intensity. He emphasizes the importance of investing in health, likening it to investing in a quality life. Shaan recounts a conversation with a wealthy friend who wanted fitness advice, suggesting that hiring a coach is a worthwhile investment. He reflects on how wealthy individuals have no excuse to neglect their health, and he shares insights from his trainer about the significance of workout intensity over diet. Shaan's trainer advised him to focus on increasing workout intensity rather than obsessing over diet, which has led to positive changes in his mindset and body. The conversation then transitions to the concept of intensity in various aspects of life, including business. Shaan shares a story about attending a Formula One event with an intense entrepreneur, highlighting how successful individuals often exhibit a high level of intensity in their actions. They discuss how this intensity can lead to quick decision-making and overcoming obstacles. The hosts also delve into the diamond industry, particularly the history of De Beers and the marketing strategies that created the perception of diamonds as rare and valuable. They explore the rise of lab-grown diamonds and how the industry has responded to this trend. Shaan emphasizes the importance of educating consumers about lab-grown diamonds, suggesting that millennials and future generations may shift towards these alternatives. Throughout the episode, the hosts share personal anecdotes and insights about success, intensity, and the importance of taking action without letting limitations hold one back. They conclude with a light-hearted discussion about their experiences and observations, reinforcing the idea that taking decisive action can lead to greater achievements.

Founders

What I Learned Before I Sold to Warren Buffett
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Buffeted by a brisk May day in New York, a chance sidewalk encounter with Warren Buffett becomes the spark for a lifelong test of a family dream. Barnett Helzberg Jr. recalls presenting Helzberg Diamonds, a 79‑year‑old Kansas City business, to Buffett in a half‑minute pitch: this fit Berkshire Hathaway’s investment criteria, confidential and straightforward. Buffett’s response was practical and decisive: send the information. The deal would eventually keep the headquarters in Kansas City, protect jobs, and align a three‑generation family enterprise with one of America’s most respected collections of businesses, shaping a win‑win narrative. From that moment, the book in Helzberg’s hands becomes a manual of disciplined entrepreneurship. The founder’s father, who ran the business from age 14 after his own father’s stroke, taught resilience, autonomy, and the creed that business is people. A recurring lesson is to upgrade the herd: concentrate effort on high‑potential stores, while never burning bridges. The infamous two‑supplier principle saved them during a bank crisis when a long‑standing loan was pulled; a second bank stepped in so operations could continue, and the caution against isolating the business proved wiser than bravado. Mentors and smart reading anchor Barnett’s approach. He names Yan Kaufman as a pivotal mentor, then threads insights from Charlie Munger, Paul Graham, Steve Jobs, and Warren Buffett’s own letters. He emphasizes that advice is advice, not a command, and that you must trust your own judgment, testing ideas with a best‑people approach and three feedback questions from frontline staff: what am I doing right, what am I doing wrong, what am I not doing that you would like. He warns against following any one recommendation blindly, especially about malls, and stresses the power of focus. Toward the end, the narrative threads personal heritage into business success. Helzberg reflects on the generational ripple of decisions, the imperative to balance life, play, health, and money, and the impact on future generations. The book culminates in maxims from his father and a call to act with urgency and humility: do not chase vanity, test new ideas with disciplined caution, and remember that family and community ground a founder’s purpose. The closing lines urge readers to value moments with children over missed work, because the memories endure long after profits fade.

The Pomp Podcast

Pomp Podcast #409: Mike Colyer on Building North America's Mining Industry
Guests: Mike Colyer
reSee.it Podcast Summary
Mike Colyer shares his journey from a civil engineer and private equity professional to the world of cryptocurrency, particularly Bitcoin mining. He was inspired by a book on technology's future during a family trip to Italy in 2017, leading him to explore blockchain. Colyer emphasizes the importance of building infrastructure for mining, noting the industry's rapid evolution from basic PCs to specialized ASIC machines. He highlights Foundry's role in supporting North American miners by providing capital and advisory services, aiming to decentralize hash rate distribution globally. Colyer discusses the cyclical nature of mining, the significance of low-cost energy, and the potential for nation-states to engage in Bitcoin mining. He believes that as the industry matures, miners will need to excel in various aspects, including treasury management. Colyer concludes that Foundry aims to be a trusted partner for miners and nation-states as the landscape evolves, emphasizing the long-term vision for the mining industry.

The BigDeal

Why Playing Small Is Keeping You Broke
reSee.it Podcast Summary
The best way to do deals is to do what we call a deal. The business needs to be so simple I can explain it to grandma. Terms control the price. Learn about the language of business so deeply that it becomes a fluency. Women currently only make up 2% of the business acquisition buyers in America despite 40% of women actually owning businesses. Amjad Masan wants to create 1 billion coders, and he challenges the audience, 'Why are you only trying to create 1 million owners?' 'The only thing that really matters in due diligence is two things if you're buying a company.' 'Are the numbers real? Because we buy we don't buy hopes and dreams. We buy realities and cash flow.' We buy profitable cash flowing day one. The business has to be in existence for more than 5 years. The business has to be profitable. The business needs to be so simple I can explain it to grandma. The last thing is I want to be curious about it for at least a few years. The anti-signal would be, 'This business doesn't make me any money right now, but it's going to grow a ton.' 'We had just given them $25 million, and it was me and some partners.' They were out of cash. 'They had completely financially cooked the books.' The accountants were in on it, the regional banking partner was in on it. We ended up turning the business around. Money's a cruel mistress. Don't fall in love with something that can't love you back. We built what I think is the best acquisitions and business buying community and education curriculum in the world, called the contrarian community.
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