I've snipped a fraction of the Golden Sources below this.
Purpose
Golden Sources provides information from a variety of sources to train or add to AI tools, such as LLMs. It may also be useful for research purposes where a team needs curated information.
Unlike most information sources, SqlinSix does not assume that any source of information is accurate. A source of information may be inaccurate for a variety of reasons. An example might be that the information changed, making old information incorrect. In general, some information can change over time (relevancy) while other information never changes (truth). In addition, some information is completely false and this can be challenging to detect at first glance.
For Golden Sources, SqlinSix collects a broad range of information on the topic of gold and over time, detects patterns that might indicate truth about the topic gold or may indicate relevancy for a period of time.
There is no guarantee of information accuracy in this product or on this page. For researchers, Golden Sources may provide curated information that expands existing research or serves as a starting point for new research.
Structure
All Golden Sources contain a what describer of the source along with the where locator of the source, such as "Father Knowledge" describing what the source is and "conversation and reflection" describing where the source arose (or where the source can be found). In other words:
Source: What the Source Is (Where the source arose)
Every source then contains source pointers starting at place 0. Because many developers will use Golden Sources by adding the source pointers to the array within a dictionary, I start at the 0th position to save these developers time.
Following the pointer is the basis of the information. Returning to the earlier point of information may be inaccurate, the basis covers how the information was obtained. After this basis comes the information. Generally, information is delineated into pointers that summarize complete statements. In other words:
Order starting at 0. Basis of information. Complete statement summarizing the information.
For most sources on this snippet page of Golden Sources, one or only a few of the pointers for each source are shown with some exceptions. This snippet page highlights up to 7% of the total Golden Sources and unlike Golden Sources, existing pointers are not updated if new information is uncovered.
History
The Golden Sources began as an unintended result of research into corporate healthcare costs. In 2009, the SqlinSix founder assisted several companies into exploring why healthcare costs were rising rapidly. Given the founder's research and data experience, the data revealed a major red flag.
Indexes were misreporting healthcare inflation, one major cost being a shortage of medical care labor. Additionally, some product prices inflated much higher than what was also being reported. This led to further research, as the founder uncovered that products tracked since decades earlier were much higher in price or lower in quality.
As prices rose and changes occurred with the money supply in the form of quantitative easing, fiat currencies made an inaccurate basis of comparison. The Golden Sources were born, as one troy ounce of gold 1000 years ago was one troy ounce of gold, and one troy ounce of gold in 1000 years will still be one troy ounce of gold. While SqlinSix continues to serve customers in data and research environments, it also collects information on gold over time, as gold has made a useful numeraire to retain the same underlying unit of measurement.
Snippet
Source: Father Knowledge (conversation and reflection)
0. Revelatory. 3 bases or foundations of knowledge. Empirical base: you observe something with one or more of your senses. Rational: you arrive at a conclusion with logic, such as 2 + 2 = 4 or through application/deduction of reality in combination with other bases of knowledge (empirical and revelatory; for instance, you see a statue of Caesar Augustus and read a document supposedly written by him in Latin and rationally conclude he must have existed - you're combining your bases of knowledge here). Revelation: someone tells you something, such as Caesar Augustus was the emperor of Rome at the time of Jesus Christ's birth.
Source: 1995 Gold Mines (experiences)
1. Empirical, Rational. The dive mine had major dangers in that flooding could easily destroy the mine. In fact, this particular mine was flooded - and in a region that didn't receive much rainfall each year. In reflection of this mine experience, this highlights an example of a "cost detail" that can be easily overlooked. A dive mine must be constructed in a way that can handle flooding. Also, I noticed that the mine attempted to create a cave mine further down (also flooded), but this raised the risk of collapse.
Source: 2013 Financial Advisor (conversation)
0. Rational, Revelatory. My financial advisor criticized my exposure to gold. I explained to him that I used gold for long term savings, rather than bonds or currency since zero interest rates (or even low interest rates) inaccurately price money in my opinion. He disagreed and stated that zero interest rates were temporary and bonds would eventually crush gold.
Source: 2017 GDP Consideration Versus Gold Expense Ratio (theory)
0. Empirical, Rational. According to modern economics, GDP measures economic output with the following equation of private consumption (C) plus private investment (I) plus government consumption (G) plus net exports (exports minus imports). I've both seen and heard people present GDP along with GDP growth as a measure of national success, such as presenting a nation with higher GDP as being superior to a nation with lower GDP. In general, equations such as GDP tend to lead to central planning because people find shortcuts when they create measures to track success and what cannot be measured is far more important than what cannot be measured (Lineage - Poor Charlie's Almanack).
1. Rational. In college, my economics professors taught us that Simon Kuznets came up with GDP (in the 1930s). No professor mentioned that the US dollar was backed by gold at the time Simon Kuznets developed GDP. As a measure, GDP under a gold standard is extremely different than GDP under a fiat standard. All dollars invested or spent under a gold standard must be backed by gold. This is not the case with a fiat standard. This mirrors the pattern of what I find with people who talk about Benjamin Graham being critical of gold, yet missing that most of his life was under the gold standard (Lineage - The Intelligent Investor Revised Edition). The people who use GDP as a measure while ignoring (or hiding) the fact that this measure was developed under a gold standard reveal their inability to critically evaluate the measure itself along with its underlying assumptions.
2. Rational. In my view, GDP is not a useful measure in a fiat standard. In a fiat standard, central authorities such as governments or central banks will create rationalizations to create money, usually through emergency economic situations. This money creation will result in widespread mispricing of both goods, services and labor over time. Under a gold standard, GDP could be a useful measure if done independently and not done as a target. Unfortunately, targeting measures tends to lead to shortcuts to achieve those measures, which then makes them irrelevant.
3. Rational. In my view, a superior alternative to GDP in a fiat standard is the Gold Expense Ratio. The Gold Expense Ratio measures the overall health of an economy in my view: median individual expenses subtracted from median individual income with the resulting value divided by the units of gold (using the same underlying unit of measurement, such as grams or troy ounces). Throughout human history, every rising economy resulted in median citizens with high Gold Expense Ratios relative to when those countries were in decline or collapse.
4. Rational. As of this year, the median individual income is approximately $37,000 with median individual expenses at approximately $38,500 (includes only needs such as housing, food, healthcare, transportation, required insurances, etc). Using the Golden Expense Ratio: $37,000 - $38,500 = -$1,500 (negative value), with this value being divided by the average price of a gram of gold at $40.2 equals -37.3 grams of gold (there are 31.1035 grams per troy ounce of gold, so this would be over a negative troy ounce of gold). As a contrast, the Gold Expense Ratio for China as of this year is approximately 51.4 grams of gold.
5. Rational. To measure a country's overall financial discipline, use the gold-to-debt ratio: a country's gold valued in its currency divided by its debt measured in its currency. As of this year, the United States has approximately $20 trillion in debt with approximately $327 billion in gold, meaning the United States' financial discipline is 1.63%.
6. Rational. In my view, while gold prevents central authorities from manipulating numbers, measures in general are always less valuable than non-measures. One reason involves what Charlie Munger noticed (Lineage - Poor Charlie's Almanack). In my view, another reason involves the mean reversion effect: as people discover and report a measure for success, the measure regresses to the mean. A third reason could also be because people try to target something, even if that doesn't make sense in their situation (an analogy would be a mining company following the rules of a service business when these are two entirely different types of businesses).
Source: 2025 Latest Staple Product (product price tracking)
1. Empirical. In 2004 the staple product cost $70 (in US dollars) and 0.17840 (in troy ounces of gold).
9. Empirical. In 2012 the staple product cost $160 (in US dollars) and 0.09293 (in troy ounces of gold).
17. Empirical. In 2020 the staple product cost $200 (in US dollars) and 0.11656 (in troy ounces of gold). The company limited purchases of this product during this year.
24. Empirical, Rational. In tracking prices of various products over time, before 2006 this staple product was stable with extremely low inflation and in many years, deflation.
Source: Gold Creation (mental observation)
0. Rational. When I hear people say that nothing backs up gold or that a gold standard isn't useful because it's vain trust in gold, it's worth noting what gold represents. First, gold represents fundamental industrial uses. I won't dive deep into this as I have other examples of this in this source material. Second, gold requires energy, labor and innovation to obtain. The gold that we get now only comes because we've innovated. Likewise, if we ever mine meteors or asteroids for gold, this will require innovation (along with energy and labor). This innovation will move mankind forward because mining for gold means that we'll be able to extract other resources too. This gets missed when people say that a gold standard is useless because a gold standard encourages both labor and energy innovation as well as intellectual innovation to get more resources.
1. Rational. In comparison with the gold standard is the fiat standard. Since no innovation is required in fiat, as fiat is Latin for "it shall be" and is solely based on a belief in future value, the result of a fiat standard is laziness and complacency. A fiat standard discourages both hard work and actual innovation, as a person can become rich easily without work by playing leveraged games. However, this carries huge costs to a society over the long run, as innovation is discouraged. It is worth noting that in my study of human history, humans innovate significantly under gold standards. It's less about gold and more about removing human's ability to make their life easier.
Source: Poker Conspiracy Theories (multiple experiments)
0. Test-Contextual. I've played poker with friends and family about thirty to forty times in total. Many of these times, I've played for fun (no money). With the remaining of these games, we played with a $5 maximum and $0.05 buy-in each hand, meaning that I could play 20 hands for $1. I play the same way consistently by folding at least the first forty hands ($2 when funds are involved). Sometimes, I fold until I run out of funds completely. Without revealing that I'm simply observing how everyone is playing (and sometimes, I simply am playing for no reason at all except to fold), no one can grasp why someone would fold forty hands in a row that would guarantee a loss regardless of the hand for a period. No matter who I've played against, everyone believes that I have a master plan. Because I've done with experiment with different groups of people, I theorize that this partially explains what I find in markets when people talk about conspiracy, manipulation or coordination.
1. Rational. I theorize that this mental pattern partially explains conspiracies. Many people believe that a pattern or behavior cannot be as simple as I described. They theorize that there must be a master plan or something behind it other than the simple fact. In reality, my plan is as simple as it looks - I get entertainment by listening to everyone's conspiracy theories as to what I'm up to doing (intentionally losing).
2. Rational. In playing poker as many times as I've done this way, I tend to finish higher than most players. At first glance, this seems impossible as I'm folding every hand in the game, which means I'm losing every round. But in a game of at least five players (minimum amount of players in the games I've participated), I'll generally do better than at least two other players because I'm slowly losing where as at least two players are quickly losing. I can see the mental confusion these players experience: "Someone who is folding every hand is ahead of me and I've had 1 full house, two three-pairs and four two-pairs." But the better their hands (in their mind), the more they bet. They forget that someone else may have an even better hand in that round. Meanwhile, I'm guaranteed the minimum loss each hand (though there may be several players that also participate in this minimum loss). This is another pattern that explains conspiracies: ego protection. It becomes difficult for a person who's losing while acting with reason to admit they're losing to someone who's folding every hand. Nothing drives a smart person more crazy than a dumb person beating him. Thus the losing players create a conspiracy that explains that the person losing every hand is not actually losing every hand, but has devised a strategy to eventually win. Stated another way (from their perspective): "A dumb person isn't beating me; this person is pretending to be dumb, but is actually a master at this game and has a plan."
3. Rational. In the gold community, I frequently see and hear accusations of manipulation. The claim in the community is that bullion banks or traders of some type engage in games with gold to keep the price suppressed. I don't think this is the case anymore than a hedge fund leveraging forty-to-one is engaging in a conspiracy or manipulation. I think that these entities want to maximize their earnings as much as possible and do so with leverage that unintentionally creates more of something than exists (ie: paper gold, which does not exist, at points has had higher amounts than physical gold, which is where paper gold is derived). This isn't price suppression, but profit seeking. Of course, the unintended consequences of this short-sighted profit seeking is that an even more powerful entity can use this lower price caused by leveraged derivatives to snap up the underlying product of those derivatives. I suspect this is precisely what China is doing - taking advantage of the paper games the West is playing. But China isn't engaging in a conspiracy either: they are simply profit-seeking but on a longer timeline because it allows them to purchase cheaper commodities (knowing that the West has no attention span).
4. Rational. I should consider that anytime I hear accusations of conspiracy the actual explanation could be (1) far simpler than anyone wants to admit, or (2) a way for people to protect their ego. I'm not saying conspiracies never exist, but that I should never overlook the simple explanation first. In the case of price manipulation, it's often profit-seeking and not manipulation that drives the pattern. I should also remember that profit seeking is not always immediate; a person (or entity) can seek profit over the long run that is far more profitable than if they tried to get profit in the short run.
Source: Zero Days (2016 documentary produced by Alex Gibney)
0. Rational. I watched this documentary from the view of cyber capabilities. I do not have geopolitical thoughts on this documentary outside of what global central banks may have done (or may think) following this information becoming more public. For this reason, I am unconcerned with the "who" entities discussed in this documentary. This documentary provided fascinating information on how a piece of software could have significant real world effects as well as addressing some common cyber illusions about digital security.
9. Empirical. Physical gold is immune to cyber-attacks.
10. Rational. For myself, after reviewing this documentary and reflecting over the material, how would central bankers view this documentary? In my view, this documentary makes the strongest case I've seen (unintentionally) for physical gold stored within a country. In addition from only my view, if I ever ran a central bank, I would require that a percent of the money supply always remain physical in case of a disaster so that the financial system could still run in an analog way. One point made in this documentary is that people often don't realize how changes could cause unintended effects - for instance, everyone wanting digital money, but not realizing if it doesn't work at all, they forgot to keep the analog money in case of this type of disaster. Would central bankers conclude the same? It's impossible to know, but this is one lesson I learned from this (I would also apply this to all critical infrastructure - it's too dangerous to allow these to be digital, though I realize how unpopular my view will be on this).
Source: The Coming Soviet Crash (book by Judy Shelton)
3. Revelatory. Judy Shelton points out that Soviet data officials (such as the Central Statistical Administration) told the population that inflation was low compared to their wages. Judy highlights that while some in the leadership class went along with these statements, ordinary Soviet workers did not feel this way about inflation and their wages. Ordinary Soviet workers felt frustration with high inflation, but officials from the Soviet Union declared that relative to monthly wage growth, inflation was low and that there was no decline in the standard of living. Judy makes the case here that the ordinary Soviet citizens had deeper insight into the economic reality of the Soviet Union.
5. Rational, Revelatory. Judy Shelton notes that with the Soviet Union desperate for hard currency and oil prices declining, along with declining Soviet productivity, Moscow could only rely on its gold for value. Judy highlights that Moscow didn't want to sell gold, but resorted to selling gold in 1985 as Moscow's oil earnings declined (remember that the Soviet Union was a communist system, thus it wasn't a company's oil revenue, but the state's oil revenue due to central planning and control). The Soviet Union sold less than 100 metric tonnes of gold per year from the years 1982 to 1984, then sold 200 metric tonnes of gold in 1985 and 300 metric tonnes of gold in 1986. She points out that the CIA estimated Moscow's gold holdings at $34 billion (at the time, gold was $450 per troy ounce). This means that Judy estimated Moscow's gold holdings at 2,350 metric tonnes ($34 billion divided by $450 per troy ounce; that amount divided by 32,150.7 - which is the amount of troy ounces in a metric tonne; this results in 2,350 metric tonnes). Notice that she observes that Moscow didn't want to sell its gold and what this communicates about gold; even with the communists being extremely incompetent and anti-incentive, they fundamentally understood that gold had value.
Source: The Intelligent Investor Revised Edition (book by Benjamin Graham and Jason Zweig)
0. Rational. During most of Benjamin Graham's, the US dollar was backed by gold. In addition, the gold standard ended as a temporary act (Lineage - Quoted 1971 August Nixon Gold). Many people, possibly including Benjamin Graham, believed this would only be a temporary action. Benjamin Graham died in 1976. This point gets missed when people raise that Benjamin Graham didn't invest in gold. No one needed to invest in gold when the US dollar was backed by gold. I do enjoy people bringing this point up about Graham's negative view on gold because they reveal an inability to critically think. To my knowledge, Benjamin Graham also never saw zero or negative interest rates. This further raises the question of how Benjamin Graham would view gold in a world where bonds pay zero or negative yields.
3. Rational, Revelatory. Consider an investment's moat - this is the strength of its position in the market. In the case of a company, it could be a combination of things such as brand, resistance to competitors, etc. In the case of a commodity, it could be use or perception of use. Also what goes missing in the analysis of commodities relative to stocks and bonds, as more money flows into stocks and bonds, commodities remain cheap relative to either. Some commodities expire, but some (like gold) do not. Likewise, in order for companies to justify their earnings, they have to sell more products. In some cases, these products involve commodities. If commodities are cheap relative to the stocks, it makes little sense to buy the stock, but but the actual product. This doesn't apply to companies that sell intellectual products or services, but physical products.
Source: The Periodic Table A Visual Guide To the Elements (book by Tom Jackson)
6. Revelatory. Using Mohl's scale of hardness, gold has a 2.5 rating of hardness (ROH). Related elements and the platinum group elements: silver - 2.5 ROH, copper - 3.0 ROH, platinum - 3.5 ROH, palladium - 4.75 ROH, iridium - 6.5 ROH, rhodium - 6.0, osmium - 7.0 ROH, ruthenium - 6.5 ROH.
Source: 2015 Chinascope Dollar Weapon (https://chinascope.org/archives/6458)
1. Revelatory. Qiao Liang believes that the most important event in the 20th century was the dollar unpegging to gold because the US became a financial empire. Qiao notes that when the United States prints dollars and exports those dollars, it actually limits its own internal inflation because other countries must hold on to dollars and thus maintain the value of the dollar. He notes that the Federal Reserve will only create so much dollars, then bring them home by raising interest rates (which pulls back dollars to the United States). He notes that this is a form of hidden financial imperialism that affects other countries and allows the United States to gain access to actual resources with money that is simply printed, rather than a unit that reflects fundamental value (like gold).
3. Rational, Revelatory. Qiao Liang observes that the United States has no real economy because the country believes that manufacturing is a "low value" industry. While Qiao may not have been in my college, he's right that my professors told me this when I was in college. They described manufacturing as beneath us and said that when the United States lost manufacturing jobs, it was good. Even if some people pushed back on this in the United States, they were often labelled as outdated (or misinformed). When Qiao later describes the United States' major enemy as itself, I can't help but agree, as I was taught exactly what he observed about the United States.
Source: 2016 Kenneth Rogoff (https://www.project-syndicate.org/commentary/gold-as-emerging-market-reserve-asset-by-kenneth-rogoff-2016-05)
3. Revelatory. Kenneth Rogoff presents three strong arguments in favor of gold: gold tends to appreciate at a rate that mirrors short term debt while itself being low risk, gold has strong volume in terms of buying and selling worldwide, and gold has no limit on its price.
Golden Sources when available in the future will be purchasable here.