Sell what? Dollars? Because Gold went up today & the stock market went up as well (the stock market started to go up 5 min after gold & corrected before the end of the day. Gold ended on a high
Well, I'm no expert but I have some FAZ which is an ultra inverse of the financial markets. Because it's an ultra it tends to go down over time so it's been basically steady over the slow market collapse. Of course, if the system goes down will I even be able to cash out is a good question. I certainly have a store of precious metals
A top Iranian official announced this week that Iran and Russia had integrated their interbank communication and transfer systems to help enhance trade and financial operations in an effort to bypass strict economic sanctions on their financial infrastructure.
With the signing of the agreement, 52 Iranian and 106 Russian banks are connected through the Russian Financial Message Transfer System, which will facilitate economic relations between the two countries, said Deputy Governor of the Central Bank of Iran Mohsen Karimi. — The Cradle
Well Moscow is 8 hours ahead of EST, Tehran 8 1/2 hours & Bejing 13 hours. If it was Russia that means they did it between 6 and 11AM their time. If Iran, 6:30 - 11:30, their time, if China 11AM - 4pm their time. Could be any of them but I would doubt that China would do an operation this size when all the head guys are on lunch. by the time signatures, I would guess Iran. They started it 1st thing in the morning & made sure to finish up before lunch.
So Iran is buying gold, probably some requirement that Russia made them do to enter this deal. Thanks for all the info & for brainstorming with me on this fren! Any else we can discern from all this?
I've been watching it for a while because of the petrodollar the gold backed ruble & all that stuff but does anyone know any news this afternoon that might have initiated this?
Not sure why the spike, especially with the .25 % rate increase today. Prob cause the market was expecting .50%.
The Precious Metals markets (predominantly gold and silver) are extremely manipulated via derivatives/paper market. Part of my awakening these past two years has been learning about this aspect of world financial corruption. Now, TBH, what I don't know could fill Fort Knox (cause it's prob empty), but BRICs is advancing their system and there is no stopping it. It's growing with more countries joining, Saudi Arabia announcing possibly joining (HUGE if happens) which will surely jeopardize the U.S's stranglehold on reliance on the dollar. Meanwhile, same said BRIC's nations are gobbling up gold and silver (along w/ a lot of big banks) much more this past year. IMO, if you think the dollar has lost value this past year(s) (and it has), just wait for the boatload of US bonds and bucks to come pouring back to the States because half of the world doesn't need them as much anymore. Not financial advice but I've been trading in my soon to be worthless dollars for physical PM's. The only reason the dollar has been hanging in there this long is because it's the fattest pig in the trough.
I have a post coming up which I highly think is related. Hang tight. Will link to it and link back here.
Update: I'm not posting yet. Perhaps mods will pin your post.
Need eyes on.
Supposedly Michael J Burry tweeted "Sell." yesterday.
(Burry predicted the subprime mortgage collapse in 2007.)
https://patriots.win/p/16a9v00PuX/michael-burry-sell/c/
https://www.investmentwatchblog.com/michael-burry-sell/
https://twitter.com/BurryArchive
I'm unable to find his Twitter account at the moment. It appears that he deleted it.
There are MULTIPLE news articles about this tweet.
Thanks fren,
Sell what? Dollars? Because Gold went up today & the stock market went up as well (the stock market started to go up 5 min after gold & corrected before the end of the day. Gold ended on a high
I figure sell stocks. Sell dollars? Possibly. Definitely not gold.
But what the hell do I know?
Well, I'm no expert but I have some FAZ which is an ultra inverse of the financial markets. Because it's an ultra it tends to go down over time so it's been basically steady over the slow market collapse. Of course, if the system goes down will I even be able to cash out is a good question. I certainly have a store of precious metals
(I of course have some DWAC too ;)
I saw this today, fren.
Iran, Russia integrate banking systems
A top Iranian official announced this week that Iran and Russia had integrated their interbank communication and transfer systems to help enhance trade and financial operations in an effort to bypass strict economic sanctions on their financial infrastructure.
With the signing of the agreement, 52 Iranian and 106 Russian banks are connected through the Russian Financial Message Transfer System, which will facilitate economic relations between the two countries, said Deputy Governor of the Central Bank of Iran Mohsen Karimi. — The Cradle
Well Moscow is 8 hours ahead of EST, Tehran 8 1/2 hours & Bejing 13 hours. If it was Russia that means they did it between 6 and 11AM their time. If Iran, 6:30 - 11:30, their time, if China 11AM - 4pm their time. Could be any of them but I would doubt that China would do an operation this size when all the head guys are on lunch. by the time signatures, I would guess Iran. They started it 1st thing in the morning & made sure to finish up before lunch.
So Iran is buying gold, probably some requirement that Russia made them do to enter this deal. Thanks for all the info & for brainstorming with me on this fren! Any else we can discern from all this?
Yes, thank you for the discussion! I'm keeping my eyes open!
edit: u/inspoken. I've been waiting for this follow up article
https://badlands.substack.com/p/the-master-builder?utm_medium=email
Currency wars are in full action.
I know fren but any idea what happened today? Someone clearly knew about it.
I've been watching it for a while because of the petrodollar the gold backed ruble & all that stuff but does anyone know any news this afternoon that might have initiated this?
More on gold: https://greatawakening.win/p/16a9qSQc81/uq2619gold-shall-destroy-fed/c/
https://greatawakening.win/p/16a9qRHeya/the-beginning-of-the-end-of-the-/
https://greatawakening.win/p/16a9qQ9ot1/hillary-wanted-the-gold-out-of-l/
silver / gold prices are manipulated by high frequency computer trading r.e. Road to Roota - Bix Weir
Well this was by a low freq big player like Iran
Trump tweeted GOLD and SAD. Is that a saddle shape? Saddle up!
Not sure why the spike, especially with the .25 % rate increase today. Prob cause the market was expecting .50%.
The Precious Metals markets (predominantly gold and silver) are extremely manipulated via derivatives/paper market. Part of my awakening these past two years has been learning about this aspect of world financial corruption. Now, TBH, what I don't know could fill Fort Knox (cause it's prob empty), but BRICs is advancing their system and there is no stopping it. It's growing with more countries joining, Saudi Arabia announcing possibly joining (HUGE if happens) which will surely jeopardize the U.S's stranglehold on reliance on the dollar. Meanwhile, same said BRIC's nations are gobbling up gold and silver (along w/ a lot of big banks) much more this past year. IMO, if you think the dollar has lost value this past year(s) (and it has), just wait for the boatload of US bonds and bucks to come pouring back to the States because half of the world doesn't need them as much anymore. Not financial advice but I've been trading in my soon to be worthless dollars for physical PM's. The only reason the dollar has been hanging in there this long is because it's the fattest pig in the trough.