Recent posts

#21
Financial / BlackRock’s $10 Trillion Heist...
Last post by Pallas_Boreas - 2026-Jun-30, 04:19:51
Quote16 hard FACTS expose the scheme: workers' retirement siphoned into AI data centers, digital IDs, CBDCs, and a techno‑fascist surveillance regime that treats human beings as fuel, not beneficiaries.

Linkhttps://thesilverindustry.substack.com/p/blackrocks-10-trillion-heist-how
#22
Notes / Aggregator Board
Last post by Pallas_Boreas - 2026-Jun-30, 04:12:58
My short form for Link Aggregator. This is the equivalent of Hacker News, Reddit, somewhat Slashdot and etc. 

News And Commentary is self-explanatory. Pages is short for web pages.
#23
QuoteThe grand paradox of the state capitalizing on envy is that it never actually satisfies the emotion; it merely changes who holds the privilege.

Link: https://quoththeraven.substack.com/p/us-taxation-is-fueled-by-quiet-envy
#24
News And Commentary / The Warschach Test
Last post by Pallas_Boreas - 2026-Jun-29, 19:45:01
QuoteThe AI capex bubble is cracking, and the credit markets are screaming what equity investors are ignoring. Microsoft is down 20% in June, the UBS hyperscaler index has broken below key moving averages for only the third time since ChatGPT launched in Nov '22, and CoreWeave's CDS has blown out to 565bps. Meanwhile, SpaceX's $25B bond deal immediately sold off 35bps. Not a great look.
We break down why AI is becoming a commodity with no pricing power, how China and Japan are real competitive threats this time (unlike dot-com), and why the entire AI build-out is funded via SOFR-linked private credit — meaning the new Fed Chair Walsh is effectively trapped. Hike the front end and you blow up the complex.
We also cover the dollar, FX volatility as the real tightening mechanism, why the BOJ is the key macro catalyst to watch, and what the BofA Fund Manager Survey tells us about the market's shifting positioning.

#25
From the YouTube link:
Quote
Michael Howell, Founder & Managing Director of GL Indexes, and author of "Capital Wars" the book and substack, explains how shifting global liquidity is steering the dollar, gold, Bitcoin, oil, and the broader markets as a new Federal Reserve chair settles into the job.




My term for liquidity is capital flow and gives a better visualization then liquidity. Imagine fluid through a pipe as debt (liquidity) through the markets. That it can be modeled and thought of as such is a great philosophical exercise.
#26
Notes / General Discussion
Last post by Pallas_Boreas - 2026-Jun-29, 03:16:23
This is the section called Town Square.
#27
Notes / Difference Between Acropolis A...
Last post by Pallas_Boreas - 2026-Jun-29, 03:14:21
Acropolis is reply only and members cannot create topics in the section. Polis is where members can create topics and interact normally as they would expect.
#28
Site / Announcing the Polar Sun websi...
Last post by Pallas_Boreas - 2026-Jun-28, 05:31:51
It is with little fanfare and with little attention, I announce my little hearth on the Internet: Polar Sun.  Having had enough of the modern web for awhile now I went back a little in time and picked a forum as a website instead of the latest and greatest glitzy broken garbage prevalent out there these days. I have a rant on why.

A run down on what I was playing with before I started to think of my sanity. A blogging site for article writing, online file storage to link files in text, another separate service for email, and then there is the concern of having essential workflow items scattered across the Internet on third-party servers.  I could not find one solution to what I considered to have basic features. Start with a web page and add the ability to attach files. Check mark one. Wikis, blogs, CMSs, static site generators. Next, an ability for jackasses to voice their meaningless opinions. It is a favourite feature of the Internet of many of us jackasses. Those self-hosting frameworks that do have comments the comment functionality is ugly, broken, pre-2000 primitive and not worth the effort, or if they posses a good commenting feature something else utterly sucks. As a site grows the complexity grows with it and the modern web really breaks down here. To find a simple piece of information becomes harder and harder the more text/files it is has and as the average organization skills of people deteriorate the effect becomes a vacuum where information enters the site and no one can extract it missing the main point of digital technology: the storage and retrieval of information on a scale past imagination a hundred years ago. Cross out a traditional web page paradigm which was solved in the early days of computing with the forum and while the original problem is continuously tried to be solved again. "Next time, I promise you, trust me bro".

Having everything as a file with only directory listings is cool  and a folder/file structure makes an excellent database solving the organization problem but what about pages and comments and such, interaction without downloading and opening the file? Interestingly, I had to go back to the beginning: the bulletin board aka forum derived from the BBS of early computing history. Text, files, comments, information structured and easily found, refined by decades of experience from heavy use. Information and communication is the natural pull people have towards the Internet. It has made this natural curiosity of people addicts of small easy morsels of bytes, constantly barraged by pixels, in an opium type daze. This is who the modern web is designed for: doom scrolling pixel opium addicts. Then there is the maintenance and technical issues that should not exist with the year being 2026. Customization becomes a specialization. A lot these days for one guy who used to write HTML in text editors without syntax highlighting and write X config files by hand. Yet, the forum software this website runs on has been around far longer then the majority of CMSs out there, is more efficient, simpler while having more features, and vastly easier to administer. The modern web has become decadent from the law of entropy. The whole of what is called civilization is decadent and decaying from the natural law of entropy. Time to get back to principles and the simple.

Hence, I picked an "archaic" form of the web to quietly build this little hearth. I have yet to explain why this website exists and have only given a hasty synopsis of the practical reasons why a forum was picked over other options. Studying the stock market I became dissatisfied with the standard indicators and financial equations which are convoluted and lagging, and are not measuring the state of the market in real time. Delving into Fractal Market Hypothesis  and chaos theory after finding the mathematics of AI and gambling trading, which both are rooted heavily in probability mathematics, lacking; I had a conceptual shift and discovered a formula that is a state machine. I can now read the market as a physical system, where capital is modelled as a fluid through a pipe. Which I find surprising that more capable people have not come to the same discovery or similar. If they did it is not easily publicly available and is buried. What I have is a game changer and my purpose is to develop it further which is now delving into the secrets of time, build a price target engine around it (next phase), and loot game the stock market. Being a life long big fan of strategy and RTS games, there is no better or bigger game then real life and especially when you have a hack for it.

Until I write a handbook in better language there is the KFI ML Handbook to digest in that horrific wooden corruption of English called AI Speak. If you can read and understand that document you may have been in university for too long. Joking aside, if a trader and understand the physics behind it then you have an edge. I hope you stick around to lurk or discuss. That is a long, rambling, announcement so I shall bow and exit the stage for now.

#29
Scrolls / The Freedom Failure Of Open So...
Last post by Pallas_Boreas - 2026-Jun-28, 01:42:12
[Originally published March 12, 2026]

The age verification of operating systems in California and Brazil is a failure to defend the ethos of the freedom of users and free/open source software. Computing is a fundamental technology in the present age, something that should be as free to use as a paper, pen, and calculator. All are the medium of the advancement, or dissolution, of thought. These items are the mediums of expressed thought and when the freedom to use them is limited so is the expression of thought. As expression withers so does the thought.

Where was the tech media to warn users and the community? The behemoth Red Hat? Octopus Debian also with vast resources was silent. The process to pass the legislation is not hidden or secret in any way, it is out in the open and public as free and open source software is openly distributed and developed. I heard about it from one source, and even the big corporations like Red Hat and SUSE seemed to have been caught by surprise. Absurd. All the money and attention was elsewhere...

I did a search on Slashdot and no warning, no discussion, until after the legislation passed. Ars Techinica has an article from 2007 saying that social networking sites having age verification won't cure. As one quote pointed out it gives a false sense of security, and reverting back to negligent behaviour parents will think their kids are safe because of age verification. I have a question; who stores age verification data and how is it transmitted to the organization/company that stores this personal information? How many hands does it pass through? How does anyone know that the ID and selfies will not be used by the criminals? Such a database would be a prime target to be breached and there surely will be breaches considering how many breaches there has been through the years and the sensitivity of the data from past breaches. Imagine the perverts rubbing their hands together at all the pics and information once compromised will be sold on the dark net.

Ars Technica from my quick search has two articles of Texas requiring age verification from Google and Apple requiring age verification on their stores. Texas is now being sued with an argument of. "imposes a broad censorship regime on the entire universe of mobile apps". Agreed. I expected with a Slashdot search for there to be discussions beforehand. I was disappointed. For someone who evangelised the GPL in the early 2000s I feel something like Stallman when the community and special interests betrayed him. I wonder how the porn industry got the Soviet UK to abandon age verification for their addiction hubs back in 2019.

Discord is backing down from user backlash of them trying the age verification trick of censorship. Government doesn't have to. There is enough cud chewers out there the government will keep mindlessly repeating "safety" over and over which will condition the cud chewers to keep in the field and eating the grass.

The point though is that age verification breaks many of the licenses. It limits the ability to view, modify, and distribute the source freely. The free Internet is only possible because of this ability to anonymously and freely to use information. Age verification limits and restricts the freedom to learn, modify, and use software given as a gift free to the world. All the technology people take for granted exploded into commodity and infrastructure status precisely because there was a lack of restrictions as a barrier to it's modification and distribution. A gift should be appreciated and respected, it is hard wired into most people to do so and also to feel good giving gifts. It is a let down for the free/open source community, and corporations to be blind sided by such a thing. Despite all the talk of rights where was the sentinels? All this AI garbage and nobody used it to protect freedom?

By censoring who can use an operating system you censor their ability to learn about computing. This is the biggest effect in relation to open in open source. The high octane fuel that brang it into prominence was the curiosity and liberty to learn without permission and control. Imagine having to be age verified to write down a note on a napkin because incompetent control freaks with no talent or ability of their own were jealous of yours.

Disturbing times and the fight to keep what has been built keeps getting incrementally harder. What has been a great gift is now being used as a hammer to beat down what made it. Liberty requires constant vigilance and is a constant struggle. Now the vigilance has been neglected the struggle becomes harder.
#30
Mathematics / The Foundations Of Geometry
Last post by Pallas_Boreas - 2026-Jun-27, 18:58:08
The Foundations Of Geometry by David Hilbert, PhD
PREFACE.

The material contained in the following translation was given in substance by Professor Hilbert as a course of lectures on euclidean geometry at the University of Göttingen during the winter semester of 1898–1899. The results of his investigation were re-arranged and put into the form in which they appear here as a memorial address published in connection with the celebration at the unveiling of the Gauss-Weber monument at Göttingen, in June, 1899. In the French edition, which appeared soon after, Professor Hilbert made some additions, particularly in the concluding remarks, where he gave an account of the results of a recent investigation made by Dr. Dehn. These additions have been incorporated in the following translation.

As a basis for the analysis of our intuition of space, Professor Hilbert commences his discussion by considering three systems of things which he calls points, straight lines, and planes, and sets up a system of axioms connecting these elements in their mutual relations. The purpose of his investigations is to discuss systematically the relations of these axioms to one another and also the bearing of each upon the logical development of euclidean geometry. Among the important results obtained, the following are worthy of special mention:

  • The mutual independence and also the compatibility of the given system of axioms is fully discussed by the aid of various new systems of geometry which are introduced.
  • The most important propositions of euclidean geometry are demonstrated in such a manner as to show precisely what axioms underlie and make possible the demonstration.
  • The axioms of congruence are introduced and made the basis of the definition of geometric displacement.
  • The significance of several of the most important axioms and theorems in the development of the euclidean geometry is clearly shown; for example, it is shown that the whole of the euclidean geometry may be developed without the use of the axiom of continuity; the significance of Desargues's theorem, as a condition that a given plane geometry may be regarded as a part of a geometry of space, is made apparent, etc.
  • A variety of algebras of segments are introduced in accordance with the laws of arithmetic.

This development and discussion of the foundation principles of geometry is not only of mathematical but of pedagogical importance. Hoping that through an English edition these important results of Professor Hilbert's investigation may be made more accessible to English speaking students and teachers of geometry, I have undertaken, with his permission, this translation. In its preparation, I have had the assistance of many valuable suggestions from Professor Osgood of Harvard, Professor Moore of Chicago, and Professor Halsted of Texas. I am also under obligations to Mr. Henry Coar and Mr. Arthur Bell for reading the proof.

E. J. Townsend
University of Illinois.