The Greatest depression is coming, are you ready?
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Thomas Jefferson: Quotation: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Luke 12:32 Fear not, little flock; for it is your Father's good pleasure to give you the kingdom. 33 Sell that ye have, and give alms; provide yourselves bags which wax not old, a treasure in the heavens that faileth not, where no thief approacheth, neither moth corrupteth. 34 For where your treasure is, there will your heart be also.
In the realm of finance, let me create a verse, About raising rates on debt, a matter quite terse. As the US debt grew, to an enormous sum, Raising rates led to actions that left many numb.
32 trillion in bonds, a staggering load, With rising rates, their fate took a different mode. Investors fretted, their confidence was frayed, Dumping bonds in masses, a decision they made.
A bonfire was lit, the bonds went up in smoke, Markets felt the tremors, and some fortunes broke. The flames danced high, casting shadows of doubt, A consequence of actions, a twist and a clout.
In the realm of choices, leaders stand tall, Faced with a decision that affects us all. To kill the banks or save an economy's plight, A challenging dilemma, darkness or light.
Like Kenya, France, and India in a chase, They flee on the yellow brick road, a golden embrace. Seeking refuge in security, they find solace there, A gold-backed haven, a shield from despair.
The banks tremble, their foundations quiver, While leaders ponder if they should deliver. For in their hands lies a nation's fate, To save the economy or seal its dire state.
The writing is on the wall, clear and bold, A tale of an ending, the story unfolds. The party is over, the music has ceased, A somber air lingers, a feeling of unease.
Weighed in the balance, their actions revealed, A reckoning approaches, a fate now sealed. This night holds whispers of an imminent change, An overthrow brewing, a transformative exchange.
The winds of dissent, they blow through the streets, Empowered voices rise, demanding justice meets. The time has come to challenge the power, To reshape the future, in this decisive hour.
Weighed in the balance, their actions revealed, A reckoning approaches, a fate now sealed. This night holds whispers of an imminent change, An overthrow brewing, a transformative exchange.
The winds of dissent, they blow through the streets, Empowered voices rise, demanding justice meets. The time has come to challenge the power, To reshape the future, in this decisive hour.
In 2021 the registered silver stock was over 150 million ounces (silver that can be used to make coins and bars for people to hold). Today it is 38 million ounces. Three fourths of the silver has been bought up and removed from these stocks.
Meanwhile over that same time the price of silver on the spot trading platform has dropped a little. These two things should correlate, if people are buying up silver price should go up, if they are dumping silver price should go down. However these markets are not correlated because one is "on paper" and the other is taking possession of the silver. Many more people buy and trade "paper" silver than those who take physical possession. As a result 250 to 800 ounces of silver are traded on exchanges for every ounce of silver held as registered silver stock. Because of this it is easy to manipulate the silver market. The two are not directly linked. Most people don't want to hold the silver because that creates a security risk. But the market is primed for catastrophe. If WW3 were to erupt and the US dollar were to collapse people would want silver (at $2,000 an ounce gold is not nearly as convenient as silver which even if it goest to $100 or $200 an ounce would be a whole lot easier to use to buy and sell).
The point is that although these markets are not directly linked and no one should think that they are, we are primed for a catastrophe where silver will increase ten fold. For example, if you short silver on the spot market and buy it up physically you can keep the price low while you buy it until there is a catastrophe and a shortage. As long as you are the one manufacturing the shortage you can cover your shorts at a minor loss compared to the windfall you will get from the physical silver. If the catastrophe is to destroy the US dollar and your short positions are in US dollars, who cares. It is worthless paper that you will use to cover your shorts. Meanwhile the silver is valuable in all currencies.
Meanwhile over that same time the price of silver on the spot trading platform has dropped a little. These two things should correlate, if people are buying up silver price should go up, if they are dumping silver price should go down. However these markets are not correlated because one is "on paper" and the other is taking possession of the silver. Many more people buy and trade "paper" silver than those who take physical possession. As a result 250 to 800 ounces of silver are traded on exchanges for every ounce of silver held as registered silver stock. Because of this it is easy to manipulate the silver market. The two are not directly linked. Most people don't want to hold the silver because that creates a security risk. But the market is primed for catastrophe. If WW3 were to erupt and the US dollar were to collapse people would want silver (at $2,000 an ounce gold is not nearly as convenient as silver which even if it goest to $100 or $200 an ounce would be a whole lot easier to use to buy and sell).
The point is that although these markets are not directly linked and no one should think that they are, we are primed for a catastrophe where silver will increase ten fold. For example, if you short silver on the spot market and buy it up physically you can keep the price low while you buy it until there is a catastrophe and a shortage. As long as you are the one manufacturing the shortage you can cover your shorts at a minor loss compared to the windfall you will get from the physical silver. If the catastrophe is to destroy the US dollar and your short positions are in US dollars, who cares. It is worthless paper that you will use to cover your shorts. Meanwhile the silver is valuable in all currencies.
As a general rule you will see groceries become very valuable. But in no case in human history has there ever been such a horrific war that the entire world was more concerned about groceries than gold and silver.
Read "the Good Earth" by Pearl Buck which describes the famine in China. Silver and gold are definitely things that people will trade food for.
Read "the Good Earth" by Pearl Buck which describes the famine in China. Silver and gold are definitely things that people will trade food for.
The US paused their rate hikes, but Canada, European Central Bank, Bangladesh all raised their interest rates and now the Bank of England may have to as well. Already 50% of the world is moving to a different currency, and those who still use the dollar do not necessarily follow the US lead. Powell paused the rate hikes because the banks are on the verge of collapse, but if they cannot sell treasuries without raising the rates it will no longer matter what Powell does.