
Quote of the Day
“Recommend to your children virtue; that alone can make them happy, not gold.” – Ludwig van Beethoven, Composer (1770 – 1827)
Life Without Bread – Dr Lutz

He removed sugar. His patients got better. Medicine looked away.
1950s Austria.
Dr. Wolfgang Lutz is doing everything right.
Prescribing approved drugs. Following modern guidelines. Trusting the science of his time.
His patients keep coming back.
Diabetes controlled, not reversed.
Pain managed, not resolved.
Chronic disease after chronic disease.
So Lutz does something risky.
He thinks.
He digs into old medical literature. Before processed food. Before pharmaceutical dominance. Before calories became doctrine. One idea keeps reappearing.
Low carbohydrate eating.
He is skeptical. But honest. So he tries it on patients who have failed everything else.
His rules are simple.
Under 72 grams of carbohydrates per day.
No limits on meat, eggs, cheese, or butter.
Real food. No sugar. Minimal starch.
The results shock him.
Blood sugar normalizes.
Weight drops without hunger.
Inflammation fades.
Digestive disorders disappear.
Arthritis improves.
People do not just comply.
They recover.
So he keeps going. For decades. Thousands of patients. Same result every time.
Remove sugar and starch. Health returns.
In 1967, he publishes Leben Ohne Brot.
Life Without Bread.
Real patients. Real outcomes. Clear instructions.
Medicine ignores it.
This is the age of low-fat dogma. Margarine. Vegetable oils. Carbs as salvation. A doctor prescribing butter and steak is labeled as dangerous.
Lutz keeps going anyway.
He has something stronger than consensus.
He has results.
In 2000, at age 89, he publishes follow-up data. Patients low carb for over 30 years. Healthy. No early death. No arterial collapse. No cholesterol catastrophe.
He dies at 97.
Still low carb.
Still right.
We did not lack evidence.
We lacked courage.
You Are Cause

Lifestyle Habits of Billionaires

The Green Rucksack

US Consumer Sentiment and Shares vs Gold
The University of Michigan Consumer Sentiment Index is one of the clearest windows into how the average American actually feels about the economy.
Each month, the university surveys households across the country, asking straightforward questions about personal finances, job prospects, inflation, and expectations for the future. Those responses are distilled into a single number that captures the public’s economic mood. Because it has been tracked for decades, the index offers a long-running reality check on confidence at the household level.
Today, the University of Michigan Consumer Sentiment Index is sitting near record lows — decisively below levels seen during the 2008 financial crisis, the dot-com bust, and even the deep recessions of the early 1990s and 1980s.
How can stock market valuations be at or near historical highs while the average American is about as pessimistic as they’ve ever been?
This contradiction is a perfect illustration of the financial fun house — and the extreme distortions that relentless money printing has pumped into the system.
If fiat currency is a dishonest measuring stick — and it is — then how do we accurately measure the stock market?
The best option is to measure value in gold, honest money that no politician can arbitrarily debase.
If measuring in fiat is like looking into a fun house mirror, then gold is a mirror of truth. And when we measure the stock market in gold, that truth becomes clear. Below is a chart of the S&P 500 measured in gold going back to 1950.

Viewed through the lens of gold, the stock market tells a very different story than it does in fiat terms — and this chart makes that unmistakably clear.
The most striking feature of the chart is what isn’t there: a sustained upward trend. The S&P 500 today is worth the same amount of gold it was in 1995.
Despite decades of nominal gains, the stock market has repeatedly given back those gains when measured against gold. In other words, the rising stock market was more a reflection of currency debasement than of real wealth creation.
This helps explain the disconnect at the heart of today’s market. In fiat terms, stock prices appear to be at record highs. But in gold terms — a unit that cannot be printed — the market looks far less extraordinary.
Measured in gold, US stocks peaked in 1999, when the S&P 500 was worth just over 164 grams of gold. Today, the index is worth 43 grams — a decline of more than 73% from its 1999 peak.
More recently, the S&P 500 peaked at about 82 grams of gold in late 2021. Today, it’s worth roughly 43 grams. In other words, despite the recent melt-up and the stock market ripping to new nominal all-time highs, when measured in gold, the S&P 500 is down more than 47% since late 2021 and sitting at roughly the same level it was in 1995.
In other words, when we look at the stock market through a mirror of truth rather than a fun house mirror, it becomes clear that it is in a deep bear market. It’s no wonder consumer sentiment is near an all-time low.
Despite the nominal melt-up in stocks, most Americans are becoming poorer when measured in real, honest money — not fake government confetti.
I expect this dynamic — a nominal stock market melt-up alongside Americans becoming poorer — to accelerate in 2026. I expect the stock market to go higher and valuations to become even more insane — but I expect gold to rise even faster.
Currency debasement is driving this trend, and unfortunately, all signs point to much more of it in 2026.
This is exactly why positioning matters far more than headlines in the years ahead. If stocks continue rising only because the dollar is being sacrificed, then real gains will increasingly come from assets that benefit from that debasement rather than from it being disguised.
Gold has already been signaling this shift — and within the gold space, select opportunities stand to outperform dramatically as this trend accelerates into 2026.
Source: https://internationalman.com/articles/the-melt-up-trap-why-stocks-must-rise-until-the-dollar-breaks/
Ellen McKenzie

Four armed men came to take her home while her husband was gone. She gave them one warning, then reached for the rifle.
Montana Territory, October 1889.
The sound of approaching horses made Ellen McKenzie’s hands pause mid-stir over the stew pot. Her husband, James, had left two days earlier, driving their small herd to market. Their nearest neighbor lived four miles away through dense pine forest. And she was alone with their eight-month-old daughter, sleeping peacefully in a wooden cradle beside the stone fireplace.
Through the cabin’s single window, Ellen watched four riders emerge from the tree line.
No territorial badges. No official authority. Just the kind of men who knew exactly when homestead husbands left their claims unguarded.
Land grabbers.
They moved through the territory with ruthless efficiency—filing fraudulent claims while owners were away, counting on isolated wives to flee rather than fight. Most families couldn’t afford lawyers. The nearest marshal was three days’ ride. By the time disputes reached court, the land was usually sold and the men long gone.
They’d made a calculation about Ellen McKenzie.
They were wrong.
She lifted her daughter from the cradle, breathing in the soft scent of her hair, feeling the tiny heartbeat against her chest. Then she carried her down to the root cellar, wrapped her in quilts, and laid her gently on grain sacks among the potatoes and preserves.
“ Mama’s right upstairs, sweetheart,” she whispered. “I won’t let them take what’s ours.”
She bolted the cellar door from above.
Then she reached for her husband’s Winchester rifle and checked the chamber.
Six rounds loaded. A full box of ammunition on the shelf.
Her father had fought at Antietam as a Union sharpshooter. When she was seven, he’d handed her a rifle and said, “The frontier doesn’t ask if you’re ready. It asks if you can shoot straight when it matters.”
She could.
The first knock came—almost polite.
“Ma’am, we’re from the Territorial Land Office. There’s been a filing error on your claim—”
Ellen’s voice carried through the thick log door, steady as iron.
“The only error is you thinking I’ll open this door.”
Low laughter followed. The sound of men who had done this many times and never been challenged.
“Now, Mrs. McKenzie, there’s no need for trouble—”
The Winchester cracked once.
The bullet tore into the doorframe six inches from the speaker’s head, close enough for him to feel the air rush past.
The laughter stopped.
“That was your warning,” Ellen called. “Next man who steps on my property gets the bullet. And I don’t miss when I’m aiming to hit.”
For five hours, Ellen McKenzie held the cabin alone.
Every shadow crossing a window, the rifle tracked it.
Every boot on the porch, she drove them back.
Every attempt to circle behind the house, she was already there, having memorized every sightline around her home.
They tried bargaining. Threats. Waiting her out.
Nothing worked.
When her baby’s cries rose through the floorboards, Ellen knelt and whispered through the cracks in the planks:
“I hear you, my love. I know you’re scared. But we’re McKenzies. We don’t abandon what’s ours.”
The crying softened, as if her daughter understood.
As the Montana sky darkened to purple with approaching dusk, the men began to grasp something that defied everything they believed:
This woman wasn’t stalling for rescue.
She was the fortress.
Then—distant thunder rolled across the valley.
James appeared over the ridge with three neighboring ranchers he’d wired from town, a sudden unease having sent him racing home.
The land grabbers scattered like startled crows.
When James burst through the door, he found Ellen calm and steady, rifle still ready, their daughter on her hip, nursing peacefully as if nothing extraordinary had happened.
Ellen didn’t collapse in relief.
She simply met his eyes and said, “They thought I’d be easy.”
The story spread across Montana Territory faster than telegraph wire.
Within three weeks, two other homestead women successfully defended their claims while their husbands were away—both citing Ellen McKenzie’s stand as proof that being alone didn’t mean being helpless.
Territorial newspapers picked it up. Women’s groups in Helena and Butte referenced it in their organizing. The four would-be claim jumpers were quietly identified and encouraged to leave the territory.
Years later, when their daughter traced her fingers over the bullet scar still visible in the doorframe, James placed his weathered hand over the mark and said:
“Your mother taught grown men something they’d forgotten: kindness isn’t weakness. Mercy isn’t surrender. And a woman protecting her family is the most dangerous force on the frontier.”
Ellen didn’t answer. She simply smiled—the smile of someone who knows exactly who she is and what she’s capable of.
Because the frontier had its own lessons, harsh and unforgiving:
You could wait for someone to save you.
Or you could load the rifle, secure the door, and become your own salvation.
When frontier women faced that choice, they chose the rifle.
And the frontier learned to respect them for it.
(Tom: As a rule, the only thing that has ever stopped an armed, bad intentioned person is an armed, well intentioned person. Don’t ever forget that.)
The Curious Bohrs

In 1922, a Danish physicist named Niels Bohr stood before the world’s greatest scientific minds and accepted the Nobel Prize in Physics.
His discovery had changed how we see the universe itself.
He revealed that atoms weren’t tiny solid balls, but miniature solar systems—with electrons spinning around a nucleus, jumping between invisible energy levels like climbers ascending rungs on a cosmic ladder.
This single insight cracked open the door to quantum physics.
But here’s what makes this story extraordinary.
Fifty-three years later, in 1975, another Bohr walked onto that very same Nobel stage.
His name was Aage Bohr—Niels’ son.
Where his father had mapped the architecture of the atom, Aage went deeper. He peered into the nucleus itself, that impossibly tiny heart of matter that holds an atom together.
And what he found astonished the scientific world.
The nucleus wasn’t just a static clump of particles. Protons and neutrons didn’t simply sit still. They moved together in waves and ripples, almost like a living thing breathing at the center of all matter.
His discovery, made alongside colleagues Ben Mottelson and James Rainwater, reshaped nuclear physics forever.
Two generations.
Two Nobel Prizes.
One family’s quest to understand the smallest building blocks of existence.
But perhaps the most beautiful part of this story isn’t about physics at all.
Those who knew the Bohrs said Niels never pressured his son to follow in his footsteps. He didn’t push Aage toward science or steer him toward greatness.
Instead, he simply lived his own life with wonder—asking questions, chasing mysteries, marveling at the unknown.
And somehow, that wonder became contagious.
Aage grew up surrounded not by expectations, but by curiosity itself. He watched his father puzzle over the universe with childlike fascination. And that fascination, it seems, was the only inheritance that truly mattered.
Some things cannot be taught. They can only be caught.
Curiosity is one of them.
And when it passes from one generation to the next—not through pressure, but through the quiet example of a life lived in wonder—it can change the world.
Twice.
Why Learn History

