Unusual drop in the price of gold...Asia stocks spooked by sudden slide in gold
(media.greatawakening.win)
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Thanks fren. What do you recommend for reading to understand all this shit on a basic level?
Goto Stigum: Money Markets.
This is essential reading start to understand the intricacies of all the moving parts of this scheme called financial markets.
And I will freely admit: it is a lot to take in!
The first thing you will need to do is: lose the US centric view because many assets are denominated in FRN. The second thing to lose is short term. Think in terms of multi generational. The third thing to keep in mind is the question: what is the exact service this system is supposed to provide to whom? Not as it appears to you, but what it really does.
Part of the secret of that latter question is not in Stigum's book. YOu would have to take in the scope of the layers of management put into place. But I would start with the history of the UPU, the universal postal union. All things flow from there.
In the meantime: plot the price of silver and gold in both: FRN, EUR for starters. You will find some interesting peculiarities. Why these two? Because of the eurodollar market: the most affluent market around.
As of 2014, the US dollar is strengthening against the Eur. https://files.catbox.moe/pg9p6j.png
Or goto tradingview and choose eurdollar timeframe month. It is beneficial to change on the right hand side the watchlists. When you add xageur xaueur xaudollar xagdollar btcdollar btceur you will notice after comparing the graphs something peculiar.
Right now: gold and silver are losing value in both currencies! why does the dollar strengthen against the EUR? Is it part of the inflation spread around the world and PM is taking the brunt (on paper I might add)
Then check the PM prices in the US vs several European countries: Swiss, German, Dutch. And take not of the premium!
here is a quick and dirty to see some issues: https://didthesystemcollapse.org/
You would really have to wonder at the sudden drop in premium, as if physical is so easy to come by. Delivery backlog of 1 week or unavailable is not unheard of. I would rather expect premiums to rise. ...
It may very well be that the price of PM will be manipulated downward even further. Good for us. However, that can only continue to a certain level, lest they want all dealers and miners out of business.
Restarting operations would be feasible if you own everything, right? (Great Reset) so, do digitally hooked up people have need for physical gold and silver, for coins and notes? Or would they need digital?
How far along is the UPU in addressing the 4 billion people not caught up in their system? What is the role of micro-credit? Who is a big sponsor for the idea? What is her background?
Thank you so much. Will delve into this later. Really apreciate taking your time to give such detailed answer.