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kosher 1 point ago +1 / -0

I think silver's industrial use reduces the monetary aspect of the metal, gold serves as a better proxy for wealth as very little is used for industry and the rest is a store of value. The value is also the fact that holders hold it, which is another reason why it's scarce.

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kosher 2 points ago +2 / -0

Brilliant strategy to have a rumoured Mike Flynn appearance at a biker bar

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kosher 2 points ago +2 / -0

I feel this is a good strategy to fake advertise General Flynn or Mike Lindell is speaking at biker bars

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kosher 1 point ago +1 / -0

I thought with devolution the footbal wouldn't be near Trump, but maybe with the non-TV generals

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kosher 3 points ago +3 / -0

I always doubted they can raise interest rates to a significant degree - definitely not to the Volcker level. The Greenspan put - and all the interest rate swaps derivatives out there makes it impossible to not implode the whole system. There are 100s of trillions in interest rate swap derivatives (notional) that can't be unwound, while increases in the interest rates would implode all the banks that have these bets off their balance sheet.

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kosher 1 point ago +1 / -0

I have been investing in silver since 2008, but I don't think the outlook is going to be as rosy. It is definitely undervalued and artificially suppressed, and to a greater degree compared to gold, but my hang ups are that central banks don't own any. It's gold that is going to be revalued when credit collapses, and silver could still be cheap at that point for how important it is for industrial use.

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kosher 5 points ago +5 / -0

Wow, Gensler was her CFO?!? This was back when he was chief regulator for the CFTC?

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kosher 4 points ago +4 / -0

70% of the world's neon production that's used to make the chips is processed in Odessa, Ukraine. They don't have a geographic advantage for the resources, so this could probably be short lived.

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kosher 5 points ago +5 / -0

it's not just hcq, apotex is the largest generic drug manufacturer in Canada. Brand drugs loses it's exclusivity after 15 years, and companies like Apotex can produce a generic version.

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kosher 4 points ago +4 / -0

I remember the story about Valetin's dad committing suicide a couple years ago. I'm not sure it relates to the Durham investigation, although Durham was involved with RICO cases on other banks like JP Morgan on the precious metals scheme.

Deutsche Bank is the biggest derivative player in the world. No doubts they have some large skeletons in their closet.

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kosher 1 point ago +1 / -0

Raising rates is also always a misdirection. The only way to stop inflation is when gold is revalued and the debt, and all the speculation that goes with it disappears. Raising rates is so late 70s. Good luck trying another Volcker and see what happens to all those wall street derivatives.

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kosher 1 point ago +1 / -0

Is it me or is this video seems to be made a lot further out than Jan 6? Those bushes look quite lush.

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kosher 1 point ago +1 / -0

What until we find out what's in Fort Knox

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kosher 1 point ago +1 / -0

The original wizard of Oz was based on the gold standard - or the bimetallic standard in US history.

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kosher 5 points ago +5 / -0

I'm certain that Durham already has evidence in his posession from Perkins Coie that circumvents the privilege. Fraud vitiates everything, even client privilege.

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kosher 5 points ago +5 / -0

I can relate.. at least with the awakened family piece. I was 10 when I got my first lesson in confidence being everything when it comes to the value of the dollar. We were prepared for global financial collapse back in 2008 as we are well aware of how vulnerable the financial underpinnings are. Things didn't transpire the way we thought, but we had no perception of the level of criminality and shenanigans that were available to keep this rotten system alive. It didn't hinder the resolve as it just compounded the future risk.

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