Since 2010, investors from India, China, United States, Germany, and Canada purchased a tad bit more than two billion ounces of silver bar and coin. To be precise, it was 2,004 million oz. The world's largest investor of physical silver bullion products turned out to be Americans.
Buy physical silver because otherwise you own a promise of silver. That promise is specifically worded so that they can bounce on their obligation to give you silver at any hint of insolvency.
If SHTF hard enough to make all paper money become toilet paper, promisory silver documents will join the paper money in your nearest latrine.
Interesting that he said it's not time for ETF's to buy until the Fed drops rates which is expect in June. Wow, I guess Gold will really soar at that time! Perfect timing to make the economy look like shit by election time....
......I do think Powell is working for the real Q+
Interesting tidbit: if silver would be NFSR compliant, the silver would end up with the "speculators" and the game would continue. By leaving it as is, there is a huge shortage, and the 3000 lots per buyer are being exhausted to the max.
Well, in terms of dollars, yes. It seems to me, watching the price action over the years, it is beneficial to also watch it in Euro, as it will take the large Euro-Dollar market into account.
It is interesting to note that the may-23 till now price action in terms of tops, creates a negative downtrend this week around 23.64 Euro, and 25.80 Dollars. And exactly there, the price action retreated.
It depends on whether the price can remains above the $ 23.97/ € 22.85.
That said, I am noticing a stepping pattern up, meaning, consecutive higher lows. So, the game of price suppression is still played, but at higher levels. It seems that a slow movement up has set in.
Given the market circumstances, in terms of physical, the consequence is that physical is being bought at idiotic low prices, exacerbating the corner the market riggers are painting themselves in. It seems to me, a price explosion is in the works. But it takes stamina, the long haul.
Look for the Reverse Repo drying up! US Treasury is trading 1 yr bonds and under for money in the Reverse Repo market. When that dries up, they'll have to start selling these bonds on the open market. This will overwhelm Treasury Bond buyers and will cause the value of the bonds to fall and the yields (interest rate on the bonds) to rise!
The Reverse Repo market is at $496 billion left down from 2.25 Trillion in May-June 2023.
The US Treasury uses this as a consequence free way to needlessly borrow money without it affecting US Treasury Bonds. US debt hit 34.5 Trillion and continues to rise at a fast rate.
https://www.usdebtclock.org/.
BONUS: 10 Trillion dollars in bonds or about 1/3 of the Federal Government debt are rolling over this year (old treasury bond appreciates and a new treasury bond is made or rolled over, the debt just gets recycled but the bonds have to be bought on the open market).
How do you think that'll play out?
$10 Trillion in New Treasuries will be Issued this Year | Heresy Financial
The liquidity wells will dry up before there is a collapse. Liquidity is the lubricant that keeps the economic machine running and it's running out but will take time to completely dry up.
A bold statement but ill say the unwinding of the Japanese Carry Trade spells the end of the Derivatives Market. The Japanese Carry Trade drying up is a trigger for the derivatives dominoes to fall! What we come out with on the other side is anyone's guess but chaos will ensue for a time period.
I predict gold and silver will go up for local transactions and will be followed later by crypto for long distance/international transactions.
I'll have to check the date on Q's suicide weekend prompt ... the stories of traders jumping from windows during the great depression's first stock dive seem like a possible trigger.
Don't forget #MOASS... literally everything you described above has also been covered in depth as potential triggers for at least one, but possibly many, many short squeezes to kick off. GME, Silver, AMC, etc.
It won't happen until all are drained. I would take a look at The Great Taking, any stocks you have left can be legally taken by the DTCC. You don't have access to paper stocks and paper stocks are the only way to have ownership even after going through all the bullshit for GME/AMC
My hope is to cash out on my non-DRS shares (if possible) and turn it into massive PM purchases... and then hold my DRS shares forever since they can never close their short positions. I don't care if the entire financial system melts down. These people need to be destroyed and never allowed to steal our money while being endlessly bailed out.
In the meantime, have plenty of the good stuff mentioned above.
Some have proposed similar security concerns with Crypto. In that it could be confiscated and/or totally frozen. To pretend that it's untouchable by the powers that be is silly. They could pass a law to nullify crypto and shutdown the trading platforms and then everyone would be left with cold wallets worth nothing. Similar to the Black Swan MOASS prevention concept.
Hell, they could even write an EO to confiscate gold/silver and make it illegal to hodl.
I put nothing past these criminals. They will stop at nothing to preserve their power and wealth, even if that means burning everything else down.
Some have proposed similar security concerns with Crypto. In that it could be confiscated and/or totally frozen.
The only way for the government to freeze your crypto is to shut off electricity or internet where you're at. If you just go somewhere with electricity and internet, you're fine. They can't stop people trading person to person and they can't really monitor it well either. They can just see it's going on but they don't necessarily know who it is if you're doing it right.
Hiding your paper pass and key phrase for wallets is much simpler than hiding gold and silver.
Ok, but, the level of underground P2P crypto you're suggesting would likely be difficult if not impossible for 90% of those who currently hold crypto. So, sure, P2P direct exchanges could work, but without user friendly front-end platforms, you lose 90% of the market. Which means the market loses 90% of its value or worse, since demand would dry up.
There's not going to be some magical surge of people willing to go off the grid w/ advanced crypto P2P. Especially if the value tanks as a result.
I think they've got far more potential control of the crypto scene than you are giving them credit for.
Ok, but, the level of underground P2P crypto you're suggesting would likely be difficult if not impossible for 90% of those who currently hold crypto.
It could easily be integrated with the drug dealers and "knowing a guy" from your local crypto meetup. Or just talking to your next door neighbor and trading services/resources for crypto.
There's not going to be some magical surge of people willing to go off the grid w/ advanced crypto P2P. Especially if the value tanks as a result.
I disagree. When people realize how worthless their dollars are and there are alternatives, they will run for the alternatives. First will be gold & silver but because of high security costs, transportation costs, and needing to trust a 3rd party over long distance transactions, gold and silver will just be used for local transactions.
The more stable the electricity and internet is, the more likely people are to go into crypto. What the govt will do to the people when the dollar collapses will be like murder. People will rebel and move off grid en masse whether boomers like it or not. Boomers will have lost their entire retirement accounts unless they're in gold, silver, crypto so they won't have much of a say anymore.
Gold and silver won't be confiscated again like in the 1930s because so little of the wealth is in gold and silver. Also you can easily hide gold and silver.
It'll be stocks, bonds, etfs, aka securities that will be confiscated and the DRS isn't enough to protect you from that. You need a physical paper stock directly from the DTCC, not a DRS certificate from the brokerage.
Good luck getting paper certs - no companies offer these anymore. Sure, you can obtain one, but, guess what? Since paper certs were completely stopped, all you are getting is a printed confirmation with a logo on it representing your DRS'ed share(s). There are no paper certs. Even those that did have them? Get swept up into the DRS bucket.
So according to you - the only* safe haven is Gold/Silver.
That’s a good documentary that I also recommend people should watch. But just to add to this… This is exactly why GME apes say to DRS and book shares. It removes them from the DTCC and puts the shares in the shareholder’s name instead of the broker’s in Computershare. Of course, after doing so it is obviously going to be more difficult to sell them later but who’s selling?
Gold and silver for sure.👍🏼
This is exactly why GME apes say to DRS and book shares. It removes them from the DTCC and puts the shares in the shareholder’s name instead of the broker’s in Computershare.
Do you get the paper stocks with unique ID because from everything I've seen so far you don't when you DRS. You may get off the brokers in Computershare but the DTCC is the Central Clearing Party above brokerages. They are the legal owner of the stock and there is no way around that. You can move up the hierarchy on top of the brokerages with DRS but not the DTCC which is the top of the hierarchy. You just own a "security entitlement'.
Deleted Yale Law Study showing who the owners of your securities are.
Chapter 12 - "Street Name" Registration & The Proxy Solicitation Process by John C. Wilcox, John J. Purcell III, and Hye Won Choi
Does this spell out hyperinflation? What happens when all these institutions and individuals holding debt, and debt backed securities see their values plummet? Like being able to pay off your home mortgage with 30 pieces of silver? No liquidity for WallStreet idiots? Stack up on food, fuel and self-defense methos folks!
All time highs for silver are around $50, we're not even close to that. We're coming close to 12 month highs, so it'll be interesting to see if the riggers smack the price back down again soon like they've been doing.
Silver is doing very good right now.
They say India is stacking hard, driving up the price.
Indeed. Since 2010.
https://www.studycountry.com/wiki/who-buys-the-most-silver-in-the-world
Mexico is the biggest producer of silver
https://worldpopulationreview.com/country-rankings/silver-production-by-country
Not that it's an interesting article, but I was really surprised to see a pro-silver article show up on Yahoo this morning...
https://finance.yahoo.com/video/silver-etfs-may-worth-weight-170442484.html
Normally legacy media funnels readers to some very specific topics and conclusions so it was really jarring to see this.
Yes I've seen several pro silver articals in the past few weeks. Silver ETF's are not the best way to invest, buy physical if you can safely store it.
Probably because it’s an ETF. A piece of paper saying that you own silver will be worthless if the system collapses
ELI5...buy physical silver in order to sell it later for more than you paid for it, right?
Correct.
Buy physical silver because otherwise you own a promise of silver. That promise is specifically worded so that they can bounce on their obligation to give you silver at any hint of insolvency.
If SHTF hard enough to make all paper money become toilet paper, promisory silver documents will join the paper money in your nearest latrine.
Interesting that he said it's not time for ETF's to buy until the Fed drops rates which is expect in June. Wow, I guess Gold will really soar at that time! Perfect timing to make the economy look like shit by election time....
......I do think Powell is working for the real Q+
2000 tons of comex failure. see kinesis on rumble.com: https://rumble.com/v4i75wk-physical-silver-buyers-gatecrash-comex-vaults.html
Interesting tidbit: if silver would be NFSR compliant, the silver would end up with the "speculators" and the game would continue. By leaving it as is, there is a huge shortage, and the 3000 lots per buyer are being exhausted to the max.
Well, in terms of dollars, yes. It seems to me, watching the price action over the years, it is beneficial to also watch it in Euro, as it will take the large Euro-Dollar market into account.
It is interesting to note that the may-23 till now price action in terms of tops, creates a negative downtrend this week around 23.64 Euro, and 25.80 Dollars. And exactly there, the price action retreated.
It depends on whether the price can remains above the $ 23.97/ € 22.85.
That said, I am noticing a stepping pattern up, meaning, consecutive higher lows. So, the game of price suppression is still played, but at higher levels. It seems that a slow movement up has set in.
Given the market circumstances, in terms of physical, the consequence is that physical is being bought at idiotic low prices, exacerbating the corner the market riggers are painting themselves in. It seems to me, a price explosion is in the works. But it takes stamina, the long haul.
So HODL!
There's still a couple of big liquidity wells drying up!
ZEROHEDGE: Bank Of Japan (Finally) Kills The World's Last Negative Interest Rate, Yen Weakens
https://www.zerohedge.com/markets/bank-japan-finally-kills-worlds-last-negative-interest-rate-yen-weakens
By hiking rates Japan is finally killing the Yen Carry Trade, +150 Yen here we go.
How many will understand the importance of the negative rate to the derivatives complex?
THE #BOJ DILEMMA – SAVE #JAPAN OR THE GLOBAL #STOCKS BUBBLE
https://justdario.com/2024/03/the-boj-dilemma-save-japan-or-the-global-stocks-bubble/
Japan is collapsing, they are essentially at 300% debt to GDP according to the US debt clock.
https://www.usdebtclock.org/world-debt-clock.html
My guess of the order dominos fall
Japan -> Europe -> USA
https://fred.stlouisfed.org/series/RRPTTLD/
The US Treasury uses this as a consequence free way to needlessly borrow money without it affecting US Treasury Bonds. US debt hit 34.5 Trillion and continues to rise at a fast rate. https://www.usdebtclock.org/.
BONUS: 10 Trillion dollars in bonds or about 1/3 of the Federal Government debt are rolling over this year (old treasury bond appreciates and a new treasury bond is made or rolled over, the debt just gets recycled but the bonds have to be bought on the open market).
How do you think that'll play out?
$10 Trillion in New Treasuries will be Issued this Year | Heresy Financial
https://www.youtube.com/watch?v=G5F9Ec8GoeU
$10 Trillion in US Bonds up for Sale in 2024!!
https://archive.ph/cZq6n
The liquidity wells will dry up before there is a collapse. Liquidity is the lubricant that keeps the economic machine running and it's running out but will take time to completely dry up.
A bold statement but ill say the unwinding of the Japanese Carry Trade spells the end of the Derivatives Market. The Japanese Carry Trade drying up is a trigger for the derivatives dominoes to fall! What we come out with on the other side is anyone's guess but chaos will ensue for a time period.
I predict gold and silver will go up for local transactions and will be followed later by crypto for long distance/international transactions.
I'll have to check the date on Q's suicide weekend prompt ... the stories of traders jumping from windows during the great depression's first stock dive seem like a possible trigger.
Don't forget #MOASS... literally everything you described above has also been covered in depth as potential triggers for at least one, but possibly many, many short squeezes to kick off. GME, Silver, AMC, etc.
It won't happen until all are drained. I would take a look at The Great Taking, any stocks you have left can be legally taken by the DTCC. You don't have access to paper stocks and paper stocks are the only way to have ownership even after going through all the bullshit for GME/AMC
https://www.youtube.com/watch?v=dk3AVceraTI
I wouldnt put my money in a MOASS but I would put it in Gold, Silver, and Crypto.
My hope is to cash out on my non-DRS shares (if possible) and turn it into massive PM purchases... and then hold my DRS shares forever since they can never close their short positions. I don't care if the entire financial system melts down. These people need to be destroyed and never allowed to steal our money while being endlessly bailed out.
In the meantime, have plenty of the good stuff mentioned above.
Some have proposed similar security concerns with Crypto. In that it could be confiscated and/or totally frozen. To pretend that it's untouchable by the powers that be is silly. They could pass a law to nullify crypto and shutdown the trading platforms and then everyone would be left with cold wallets worth nothing. Similar to the Black Swan MOASS prevention concept.
Hell, they could even write an EO to confiscate gold/silver and make it illegal to hodl.
I put nothing past these criminals. They will stop at nothing to preserve their power and wealth, even if that means burning everything else down.
The only way for the government to freeze your crypto is to shut off electricity or internet where you're at. If you just go somewhere with electricity and internet, you're fine. They can't stop people trading person to person and they can't really monitor it well either. They can just see it's going on but they don't necessarily know who it is if you're doing it right.
Hiding your paper pass and key phrase for wallets is much simpler than hiding gold and silver.
Ok, but, the level of underground P2P crypto you're suggesting would likely be difficult if not impossible for 90% of those who currently hold crypto. So, sure, P2P direct exchanges could work, but without user friendly front-end platforms, you lose 90% of the market. Which means the market loses 90% of its value or worse, since demand would dry up.
There's not going to be some magical surge of people willing to go off the grid w/ advanced crypto P2P. Especially if the value tanks as a result.
I think they've got far more potential control of the crypto scene than you are giving them credit for.
It could easily be integrated with the drug dealers and "knowing a guy" from your local crypto meetup. Or just talking to your next door neighbor and trading services/resources for crypto.
I disagree. When people realize how worthless their dollars are and there are alternatives, they will run for the alternatives. First will be gold & silver but because of high security costs, transportation costs, and needing to trust a 3rd party over long distance transactions, gold and silver will just be used for local transactions.
The more stable the electricity and internet is, the more likely people are to go into crypto. What the govt will do to the people when the dollar collapses will be like murder. People will rebel and move off grid en masse whether boomers like it or not. Boomers will have lost their entire retirement accounts unless they're in gold, silver, crypto so they won't have much of a say anymore.
Gold and silver won't be confiscated again like in the 1930s because so little of the wealth is in gold and silver. Also you can easily hide gold and silver.
It'll be stocks, bonds, etfs, aka securities that will be confiscated and the DRS isn't enough to protect you from that. You need a physical paper stock directly from the DTCC, not a DRS certificate from the brokerage.
Good luck getting paper certs - no companies offer these anymore. Sure, you can obtain one, but, guess what? Since paper certs were completely stopped, all you are getting is a printed confirmation with a logo on it representing your DRS'ed share(s). There are no paper certs. Even those that did have them? Get swept up into the DRS bucket.
So according to you - the only* safe haven is Gold/Silver.
That’s a good documentary that I also recommend people should watch. But just to add to this… This is exactly why GME apes say to DRS and book shares. It removes them from the DTCC and puts the shares in the shareholder’s name instead of the broker’s in Computershare. Of course, after doing so it is obviously going to be more difficult to sell them later but who’s selling? Gold and silver for sure.👍🏼
Do you get the paper stocks with unique ID because from everything I've seen so far you don't when you DRS. You may get off the brokers in Computershare but the DTCC is the Central Clearing Party above brokerages. They are the legal owner of the stock and there is no way around that. You can move up the hierarchy on top of the brokerages with DRS but not the DTCC which is the top of the hierarchy. You just own a "security entitlement'.
Deleted Yale Law Study showing who the owners of your securities are.
Chapter 12 - "Street Name" Registration & The Proxy Solicitation Process by John C. Wilcox, John J. Purcell III, and Hye Won Choi
1st Diagram on Page 24 https://web.archive.org/web/20100714050340/https://law.yale.edu/documents/pdf/cbl/Wilcox_streetname.pdf
http://www.getfilings.com/sec-filings/101202/RJO-GLOBAL-TRUST_S-1/
Does this spell out hyperinflation? What happens when all these institutions and individuals holding debt, and debt backed securities see their values plummet? Like being able to pay off your home mortgage with 30 pieces of silver? No liquidity for WallStreet idiots? Stack up on food, fuel and self-defense methos folks!
I really wish people would not put links to websites that have a paywall. It is truly frustrating. 😡
Put link in archive.is to get past paywall.
https://archive.is/N5hKV
Thank you fren!
Source
https://www.bloomberg.com/news/articles/2024-03-11/end-of-fed-tool-that-buoyed-us-banks-puts-reserves-in-spotlight
https://medium.com/coinmonks/bank-term-funding-program-btfp-shutting-down-april-2024-bank-failures-certain-b98cdf862c46
https://www.reuters.com/markets/us/fed-allow-emergency-bank-lending-program-expire-march-11-2024-01-25/
Well, spot price is hitting all time highs today.
All time highs for silver are around $50, we're not even close to that. We're coming close to 12 month highs, so it'll be interesting to see if the riggers smack the price back down again soon like they've been doing.
Could it be 11.3? Reverse date as most of the world writes it. Idk
March 11 you say? The day that gold reached a new all-time high? What is going on today then, since that record was just broken again earlier...
Only at the precipice will you accept change. That could be gold but it could also be something you don’t like