It’s 100% Certain! Gold Is Next to Go Completely Crazy in Next Few Months – Alasdair Macleod (Video)

H/t reader Squodgy:

“Alasdair McCleod explains why. He, Lynette Zang & Bill Holter have consistently emphasised that rises in the market values of Gold & Silver are merely reflections of the declines in the value of the currencies being used to purchase everything.

This is clear in looking at the value of any item in terms of how much physical gold is needed to buy that item. It simply stays constant because the worth of the FIAT currency drops with inflation and the market price of G&S increase accordingly to reflect the incompetent creation of Government spending to fulfil election promises and war funding which is totally beyond the World’s capacity to pay off, and as economic activity deteriorates even the interest due on the debts becomes beyond the possibilities of repayment. Historically, paper currencies depreciate through engineered inflation at 2% per year, which computes to a 50 year lifespan, coincidentally the age of the petrodollar. The only way out of this is default, debt jubilee & write off, a debt forgiveness which the Banksters call aJubilee or Shemitah. Sadly they single these deals out between themselves and it is not for the plebs or their Governments, who are in fact the Banksters’ cash cows. Therefore for the likes of us the only way out is for our Governments to declare Bankruptcy, but that will be an admission of failure by the Governments to the voters (plebs) and obfuscated by the Banksters who obviously would lose their income, so they’ll then try to drag it out keeping the debt alive as long as possible as it is their main source of income until, as hyperinflation ensues, the repeat of the Weimar/Zimbabwe circus collapse ensues and the paper currency becomes a totally worthless relic. All eyes on how they try to wriggle round this mess so they camouflage the game they play at our expense, with some false flag event and War circus.”

***

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

“Food PRICES have sky rocketed” (Video)

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Buying Votes: Biden Cancels Student Debt For 277,000 Borrowers Ahead Of Presidential Elections

Buying Votes: Biden Cancels Student Debt For 277,000 Borrowers Ahead Of Presidential Elections:

https://archive.is/h8vTD

On Friday, President Joe Biden announced that he would cancel the federal student debt of more than 277,000 Americans, equating to about $7.4 billion. This would bring the total of what is considered classical vote buying ahead of the November presidential elections to more than $153 billion, or forgiving the debt of 4.3 million people.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Is Silver About To Do A Cocoa?

Is Silver About To Do A Cocoa?:

Authored by Simon White, Bloomberg macro strategist,

Silver prices have rocketed higher in recent days, and they have been surging today (with great volatility). As a futures market, more of it trades on exchange relative to its annual physical supply compared to cocoa. Therefore it’s not inconceivable silver could deliver a similar sort of move to cocoa’s recent mega-rally.

Silver is notoriously volatile and is considerably smaller than the gold market. It has experienced the sort of rallies cocoa recently experienced before: the Hunt brothers’ infamous corner in 1980, and in 2011.

With the futures market being bigger relative to annual supply compared to cocoa, that further increases the chance surging demand could cause prices to spike even more.

In a further demonstration of the small size of the silver market, the rally in 2011 did not really have a single factor.

Instead, loose monetary policy, the US’s debt downgrade and other factors conspired to drive demand that the market simply could not handle.

China and inflation are probably driving silver demand.

On the latter front, silver positioning has risen sharply in recent weeks, perhaps as latecomers looking for an inflation hedge feel they have missed the boat on gold (discussed here at the beginning of the month).

Either way, silver is still very cheap relative to gold, another factor that could help drive its price to cocoa-like extremes.

Of course, given its extreme volatility, prices could fall as quickly as they have risen.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Vietnam Real Estate Tycoon Sentenced to Death Over Massive Fraud Amounting To 3% Of GDP

Vietnam Real Estate Tycoon Sentenced to Death Over Massive Fraud Amounting To 3% Of GDP:

Vietnamese real estate tycoon Truong My Lan was sentenced to death by a court in Ho Chi Minh City in the country’s largest financial fraud case ever, state media Vietnam Net said. The 67-year-old chair of the real estate company Van Thinh Phat was formally charged with fraud amounting to $12.5 billion, or nearly 3% of the country’s 2022 GDP.

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Wow! Gold and Silver… (April 12, 2024)

UPDATE:

Here we go!…

***

‘Normally’ there should be quite a substantial correction in gold and silver incoming.

However, silver still is the most undervalued and (together with gold) the most suppressed & manipulated asset on the planet. 

The gold/silver ratio is still above 80.

For every human being on the planet there are just around 1.2 ounzes of gold and ONLY 3.1 ounces of silver available.

Sooo…. if the big guns pile into gold and silver there will be nothing left.

NOTHING.

Have been warning you about this scenario since 2008.

This is just my opinion and not financial advice.

Again: Under ‘normal’ circumstances and via chart analysis a correction should be imminent.

But…

***

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Mortgage Rates Spike…

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP