Fed not only (continuing) using the PAPER market (gold/silver/nickel, etc.) to deflate real money, but also "pulling back" the slingshot to its tightest point yet.
WHEN (not IF) the Ruble (now supported by gold @ 5k per gram) skyrockets it will take this PAPER tiger down, and the "price" (vs. FRN) will also go to the moon.
My prediction: Gold = Bitcoin (approx $50k or higher) by the end of 2022
Silver = $600 (or higher)
Real Question: What will gold and silver be "priced" at in the (new) Constitutional Currency, and what will big-ticket items be priced at (prediction = drop a zero and you'll be in the ball park.)
I too think the gold backed ruble is the start of the unhinging from paper. It has to find its real physical point sooner or later. I'd sure prefer sooner.
Another reason not mentioned is commercial traders/investment houses are heavily short gold and silver contracts, and use those positions as assets for their margin accounts. That's the real reason for price control/stability. If equities fall, metals rise, and would quickly turn into a house of cards when margins were called.
Fed selling contracts to keep gold below 2000.
If it becomes overvalued and a safe haven metal, the USD would collapse and the Fed would be over.
https://qalerts.app/?q=%232619
Fed not only (continuing) using the PAPER market (gold/silver/nickel, etc.) to deflate real money, but also "pulling back" the slingshot to its tightest point yet.
WHEN (not IF) the Ruble (now supported by gold @ 5k per gram) skyrockets it will take this PAPER tiger down, and the "price" (vs. FRN) will also go to the moon.
My prediction: Gold = Bitcoin (approx $50k or higher) by the end of 2022 Silver = $600 (or higher)
Real Question: What will gold and silver be "priced" at in the (new) Constitutional Currency, and what will big-ticket items be priced at (prediction = drop a zero and you'll be in the ball park.)
I too think the gold backed ruble is the start of the unhinging from paper. It has to find its real physical point sooner or later. I'd sure prefer sooner.
Does this apply to UK too?
Yep it's a WH global reset (competing against the Great Reset of the Luciferians).
If there was ever a time to stock up on gold/silver, it's now that's for sure.
It's almost too late, metals are getting harder to find at the retail level, This may be the last chance to buy in, for some.
Check your local stores, buy what you can. It should have been too late to do this years ago.
The secret ingredient is fraud
I bought some silver a couple of years ago and I’m shocked at the level of manipulation in the market.
Forget all this. Learn to barter. I’ve done it all my life. Also move to the country. You’ll be much happier.
This.
I have been wondering the same thing. Since when has inflation hit and gold not gone up?
if you believe in a "free market" you believe in "democracy."
Another reason not mentioned is commercial traders/investment houses are heavily short gold and silver contracts, and use those positions as assets for their margin accounts. That's the real reason for price control/stability. If equities fall, metals rise, and would quickly turn into a house of cards when margins were called.
...manipulation by paper derivatives on the comex where they are then washed at the lbme
“Tamp”(ering) is the way of the metal exchanges. Tamp it down before the plebs catch on
Because the dollar has not collapsed yet. Once it collapses gold and silver will skyrocket.