The Top Prophecy of the Week

Why You Can Trust Barbers, Not Professors or Journalists [Gilder's Daily Prophecy] October 08, 2022 [WEBSITE]( | [UNSUBSCRIBE]( URGENT: 2-Minute Clip [Please take a moment and go here now to see my new clip.]( It’s short. Only about 2 minutes or so. But it’s about a fast-moving situation that could hand investors the chance to double-their-money in a week – even during this market selloff. [The proof will SHOCK you]( But you need to see this new clip now, before it gets pulled down! [Click here to learn more]( [So please, go here now to watch this urgent 2-minute clip.]( Why You Can Trust Barbers, Not Professors or Journalists [Jeffery Tucker] JEFFREY TUCKER Dear Reader, Before we get to today’s briefing please take 1-minute to watch this [brand-new clip]( immediately. It’s important. Simply because it contains a special opportunity that could change the course of your financial life forever. How do I know? Because an elite group of readers just used this opportunity to pocket a [102% gain in 6 days – during the middle of a market selloff…]( But there’s just one problem: YOU missed out. Quickly decide whether this opportunity is right for you. After all, it could make or break your retirement in the next 90 days. [Go here now -- before you miss this opportunity again](. Think of all the institutions that have marched in lockstep during the dramatic decline in civilization over three years. It’s been media, big tech, large corporations, academia, the medical industry, central banks, and government at all levels. They have all been in on the lie. They sat by and said nothing or even cheered as governments utterly wrecked rights and liberties that humanity has fought for over 800 years. How the heck did this happen? Why is it still happening? One explanation is that there is a secret cabal somewhere in the world that is pulling the strings. All people in a position of power readily complied. That explanation is easy but unsatisfying. It is also lacking in evidence. Whenever I look carefully at people such as Klaus Schwab and Bill Gates, I see clowns and fools whose wealth massively outstrips their intelligence. I don’t believe they could pull it off. There is a better explanation: opportunism. This particularly applies to journalists and intellectuals. Their career paths absolutely require compliance with prevailing narratives. Any deviation could lead to potential doom for them. The spirit of going along is the driving force of everything they do. Fungibility of Professions The word fungibility usually refers to the economic properties of a good. Something that is fungible is easily converted from one form to another. Something that is non-fungible is stuck as the thing it is. A good example is a dollar bill: highly fungible because it is so easily exchanged to become something else. Far less fungible would be an oriental rug. You might love it but it is not easily sold at a price you find fair. Things can move from fungible to non-fungible in the course of a market correction. An example is acoustic pianos. There was a time when throwing down $15,000 for a piano was an investment. You can sell it for nearly the same price many years later. Then came lighter electronic keyboards. Then several generations were raised without piano skills. Finally, we all have such easy access to music in our homes so the piano turned out to lack in utility. Now they are mostly decorations in hotel lobbies. Incredibly, these days, until the piano is very beautiful or rare, it’s hard even to give them away. Try this out on your own by going to Facebook Marketplace. You will be amazed at how many pianos are being given away provided you are willing to pay $500 to move the thing. This “Metaverse Mistake” Could Cost You A Fortune [Click here to learn more]( Wired Magazine says it’s “arguably as big a shift as the telephone or the internet.” Which is why the biggest companies in the world are jumping in with both feet. Facebook. Apple. Microsoft. But I’m afraid most folks are making one simple mistake. And if you’re not careful, it could stop you from profiting off the biggest opportunity in the last generation. [Click here to learn how to sidestep this critical error (and what to do instead)]( The Hairstylist Professional skills can be ranked according to their fungibility. Quick story. A few months ago, I was getting a haircut when the owner of the shop snapped at the lady cutting my hair. The person said to me: “That’s it. You are the last customer I will serve in this joint. I’m quitting.” Sure enough, as I packed up my things, she packed up hers too. Then she left. Later she sent me an email that she had taken up a position one mile down the road. This was made possible because she has a certification to cut hair and there are always shops around that need a stylist. She was good to go. What that means for her: she will never have to put up with a bad boss. She can always and everywhere say: take this job and shove it. Stuck and Compliant The above scene never plays out in a university setting. Every professor has a title and wants to move from assistant professor to associate professor to full professor, hopefully gaining tenure along the way. In order to do that, they must publish in their profession. That means that they must get through peer review, which is about quality control only in some fantasy land. It is actually about who you know and how much they like you. At all times, everyone in academia must play the game or else face career death. It is extremely hard to move from one academic position to another. You have to pick up and go to another town in another state. And you have to schmooze the existing faculty. If you develop a bad reputation as someone who does not get along with others, you could find yourself blackballed. No one who has spent 20 years or longer to gain a credential will take that risk. For this reason, intellectuals, especially in academia, have among the least fungible skill sets. This is why they hardly ever step out of line. The same applies to journalism. It’s a really tough profession. You start at the local paper writing up crime stories or obituaries, move to a regional paper with a higher status, and so on. The path is set for you. The goal is always the same: major reporter on a single topic at the New York Times or Wall Street Journal. They will do nothing to risk getting off that trajectory because then there is no future. This means that they must go along, not because anyone is forcing them to do so. They do it out of self-interest. This is why you hardly ever read difficult or unapproved truths in major media outlets. Everyone in this industry knows that rocking the boat is the worst possible way to advance in your career. All these people hold on to their jobs for dear life. Their biggest fear is getting fired. Not even a tenured professor is safe. A passive-aggressive dean can always pile on a burdensome teaching load or move you to a smaller office. There are ways that colleagues and the dean can come after you. The Terrible Irony This sets up a terrible reality. The people who are responsible for shaping the public mind end up as the most craven class of obsequious simps on the planet earth. We want these people to be brave and independent — we need them to be — but they are the complete opposite. It’s all because their professions are non-fungible. The same is true of medical professionals, sadly, which is why so few objected as their own industry was converted into an instrument of tyranny over two years. Think about people who in the last years have been tellers of truth. They were retired. They were independent. They had a solid source of income from family or were wise investors. They wrote for an independent newsletter or substack. They don’t have bosses or career tracts. It’s only these people who are in a position to say what’s true. The fungibility of professions is a major indicator of whether you can trust what the person is saying or doing. Those who are only interested in protecting a paycheck and a single job are compromised. That is most people are in what are called “white collar” jobs. This is why you can trust your hairstylist more than a professor at the local university. She is free to speak her mind and he is not. All of this applies to everyone in government, obviously, but it also pertains to large corporations, mainstream religions, and central banks too. The bitter irony is that there doesn’t need to be a conspiracy to destroy the world. Most people in the position to stop it refuse to step in simply because they put their professional and financial interests first. Regards, [Jeffrey Tucker] Jeffrey Tucker Dollar to Be Replaced With Biden “Spyware”? [Click here to learn more]( On March 9, President Biden quietly signed Executive Order 14067. This Order could pave the way for Democrats holding onto power in 2024. In fact, they could control America indefinitely. A former advisor to the CIA and Pentagon believes this order could allow for legal government surveillance of all US citizens; total control over your bank accounts and purchases; and the ability to silence all dissenting voices for good. To protect your freedom and your wealth, [see his dark warning now](. [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( Gilder's Daily Prophecy is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Gilder's Daily Prophecy e-mail subscription and associated external offers sent from Gilder's Daily Prophecy, feel free to [click here.]( Please read our [Privacy Statement](. For any further comments or concerns please [contact us.]( If you are having trouble receiving your Gilder's Daily Prophecy subscription, you can ensure its arrival in your mailbox [by whitelisting Gilder's Daily Prophecy.]( © 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.