AI and the future of value

Recent gains in AI are shocking. The pace of the gains is shocking. Ray Kurzwei’s predication of AGI by 2030 looks prescient. If you haven’t read this, do. It will explain. Quote below: I’ve spent six years building an AI startup and investing in the space. I am no longer needed for the actual technical … Read more

Gold almost clocks $5600

Boy was I wrong. I thought it would retrace and regroup after hitting 5k. DLS said it would be a blow off top but this is amazing. I know that US retail has been buying and central banks. Anyone else? If it’s a blow off top it’s supposed to come down on the other side….but … Read more

Happy new year! Gender divide now on the public radar.

This appeared on my feed from Senator Ralph Babet: https://www.facebook.com/photo/?fbid=912841084651653&set=a.128135589788877 Also appeared on zerohedge: https://www.zerohedge.com/personal-finance/why-young-women-moved-left-while-young-men-stayed-sane Followed the link to an interesting analysis of render socio-political gender trends: With some interesting comments: This one uses the Ted Kascinsky ‘industrial society’ framework: My take remains that we stopped having children because we don’t have enough space around … Read more

Are we dead yet?

I think we’ve had a pretty good run given that no one is paid and no one is selling anything. I have enjoyed our conversations over the last few years but I wonder if maybe it’s time to call it quits. Let’s review things first. Winning@failing was crazy and deserved all the attacks. No one … Read more

A new hope?

Australia is largely a land of followers. We look to other countries for cues on what to think and how to behave, and we elect and follow those who seem to be better followers than the others. There are, of course, capability people with different ideas, initiative, after all our population is normally distributed like … Read more

Demoralisation and replacement

Lenin believed that communism had to be everywhere for it to be truly effective anywhere. This was called international communism. He set up COMINTERN, a Russian government agency which funded and directed communist parties across the world in order to achieve revolution, including in Australia. Even after Stalin (and others’) nationalist communism took over the … Read more

Subprime governments?

Last week, Japan’s 20 year bond auction failed. https://www.ig.com/en/news-and-trade-ideas/japan-s-bond-market-turmoil–understanding-the-causes-and-global-250521 The pressure on JGBs has been going on for a while. Big JGB buyers like local insurance firms have reported big paper losses: https://www.insurancebusinessmag.com/asia/news/life-insurance/japanese-life-insurers-report-major-bond-valuation-losses-536925.aspx The government got yields to fall a bit by promising to issue fewer bonds, but if they do that, then won’t that … Read more

Oh dear.

3 years of Albo means more mega immigration, more gas cartel, higher electricity prices, more expensive vehicles, more subversive propaganda via schools and state owned media, more of nobody doing anything much except mining and building investment property portfolios. Dutton has gone, but so what. He was an opposition in name only. Most if not … Read more

Space, community and religion

This started out as a reply to Lord K’s post here https://www.ezfka.com/2025/02/22/quis-custodiet-ipsos-custodes/#comment-71078. But since it ended up being an essay and since we need a new post, here it is. We are all pretty upset about the theft of our country by hostile elites, but outrage is just a beginning. You can’t stay outraged. It’s … Read more