I was listening to Kinesis: Andrew McGuire on his latest podcast on Gold.
It is interesting to listen to this particular one as he divulges some of the information he got from among others, his Chinese Liquidity Providers.
- First thing to keep in mind: Gold has once again become a First Tier Asset for central Banks, and no longer is the old relic, as Bernanke, the former FED chairman had put it. And right on cue, before 01-01-23, the BIS cleared all it's positions on gold' s price decrease
- Together with the back door inside the COMEX Casino, meaning the speculative paper market, gold has become a competitor on the currency markets once again.
- We are in the process of seeing a Glasiev commodity / Gold back currency system, where Russia pushes the direction, and China plays a supporting, yet very important role, as liquidity provider (6 trillion dollars in foreign exchange currency!).
- The FED continues to bet against gold. And there is more and more distrust about the quality of the declared 4000 tons the US claims to have.
This together is sparking of course further de-dollarization. But take note of the SIZE of it. China and Russia together: an estimated 80.000 tons of gold. At the same time, this is the perfect setup to re-value Gold at a moment' s notice.
Remember that claim of mrs Halper, concerning those 650 plane loads taken from the Vatican? Who would take it?
Consider:
- 1775 saw the establishment of Benjamin Franklin' s Post-Office in Philly.
- Only then a sovereign debt of 1.6.Million Gold Louis was commenced.
- Then the CONTINENTAL Army was created (NOT US ARMY!)
- Then the US Federal Government was created by the Articles of Confederation and superseded by The Constitution for the united States of America in 1791 and THE CONSTITUTION OF THE UNITED STATES OF AMERICA in 1871.
So, question: Who did take those 650 plane loads of gold?
I leave that question lingering, for now. But let' s go back to the Fed. As said, the FED is continually promoting and engaging in paper-gold-price rigging while at the same time being subject to multiples of ownership claims on the gold they claim they have, yet, when it comes to inspection, the actually make it impossible to see it, and reclaiming 300 tons of gold, like Germany did, took 10 years to be perfected.
Let this sink in a moment. You go to your bank, you want your money, and the bank says, "Thanks for your order, go home, and wait for our call for delivery. And you have to wait 10 years. How would you feel about the quality of such a bank?
In reality, if you now try to withdraw certain totals of Federal Reserve Notes, you have to:
- give advance notice
- divulge the reason for needing such a sum
- potentially have a suspicious transaction notice glued to your ass
- wait for days or even weeks.
What does that tell you? And Federal Reserve Notes can simply be printed!!!! Compare that to gold!
Let' s discuss one of the more famous Q posts:
u/#q2619
Can you see a picture emerging? What shall destroy the FED? Gold. But how? Of course at the current paper price in Federal Reserve Notes, that would not do. You would need a revaluation. How would 5.000 US Dollars in Federal Reserve Notes sound? Or 30.000? When as a speculator you are on the wrong side of the deal ... meaning, you are betting against gold. So, you bet that your gold price goes down, and for every $ the price goes down, you pocket the difference. What happens when the other way happens. What happens when the price rises suddenly?What happens to your equity? What will happen to the wrong-footed FED?
Now, what might trigger such re-valuation?
According to other reports, there are at least 24 central banks hoarding this old relic. And the BRICS group is growing. Could such a revaluation be put into gear in order to put an opponent a cog in the wheel of the opponents economy? Would it cause such a domestic disturbance, that effective military adventures cannot be persecuted?
Take a look at the gold graph here at tradingview.com: Plot a vertical line at 01-01-23 as that is the NFSR compliance/gold 1st asset line. Compare to 2008-2011. What do you see? Remember, this is still the speculative Comex Casino run by the FED and & Co.
So, what happens, right before an event?
The we have another question" Who is the opponent?
Perhaps an historic guy from the 14h century puts some perspective on this question:
Nicholas of Oresme warned of the consequences of inflationary state financing "If, on the other hand, the prince has the right to make a simple change of coinage and to make some profit from it, he may also have the right to right to make a greater change and make a greater profit; and to do this more than once and again to make a still greater profit...And And so the prince would eventually be able to take almost all the money or wealth of his subjects and enslave them. And this would be tyrannical, indeed a true and absolute tyranny, as the philosophers and the history of antiquity history of the ancient world."
So, what is the incentive to take control of the money supply and manipulate it? What is the advantage of the make belief that paper means something? Who is benefiting?
As a corollary to this, I'd like to know what silver is going to do too.
Expect it to be ranging between 20 and 25.
Gold will ascend, no doubt about it. If you look at the AU/AG ratio in the past: check for 140-148.
Meaning, 2800 - 3200 for AU would not be unthinkable in the coming 3-12 months, as now Silver is the monetary metal they can still fuck around with. Silver has been carrying the brunt of the shit of the Bretton Woods system.
However, when that bubble burst ....... it will be very rapid: 200 Silver would not be out of the land of probability.
Silver to gold ratio historically has been 15:1. That’s based on its relative availability in the earths crust. Been that ratio for thousands of years before central banks. It’s over 80:1 these days so the best thing to buy is silver because that ratio will need to close and so effectively you are buying gold when you buy silver, you are just taking advantage of the fact silver is a smaller and more manipulated market to buy gold at a massive discount.
You are ignoring the energy side of the equation. One needs to move 15x the earth, one needs 15x the storage, progressing, trucking
Huh? Ignoring the energy side? Not following what you mean.