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Gold closes at a new all-time record high - now within striking distance of $2000

With silver physical shortage at the dealers, not at the exchanges, it is going to be difficult to predict how silver re-acts to this. Could there be sustained demand for silver at the dealers that drives silver paper prices over $30 an ounce. Or are the shorters gonna scare away the long positions and see sub-$24 silver prices. Or is there going to be a wash, and both sides don't get their way and silver stays $25-29.

Also, with the large "government spending" as a way to growth, is this going to spill over and cause inflation of the price of metals, especially gold and silver.

These are 2 of among the questions about the near-term and long-term price of precious metals. You need major players, ie: state players or other deep pockets to really budge these prices to high profits. Average investors are scared away by the bankers who short the price to make the dollar look strong.
 
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These are 2 of among the questions about the near-term and long-term price of precious metals. You need major players, ie: state players or other deep pockets to really budge these prices to high profits. Average investors are scared away by the bankers who short the price to make the dollar look strong.

High price of precious metals of silver and gold are so threatening to the established disorder of Washington that...

So, late in 1979, the commodity exchanges changed the rules and stated that no investor could hold over 3 million ounces of silver contracts. It also said that all contracts over 3 million ounces per trader must be sold by February 1980.

On January 21, 1980, the commodity exchanges, with support from the U.S. government, announced that no one could buy anymore silver. Investors could only sell silver – and only sales to exchange-approved buyers were allowed.

The exchanges had changed the rules, and there was nothing the Hunts could do about it. They couldn’t buy more silver. And if they sold their massive holdings, they risked triggering a panic.

Paul Volcker, then chairman of the U.S. Fed, in a move to control rising inflation, ordered U.S. banks to begin curtailing their loans. Loans for “speculative holdings of commodities or precious metals” were singled out – likely with the Hunts as specific targets, since they borrowed money to buy their silver contracts. American banks and brokerages would no longer lend money to the Hunts.


(idiots called it a conspiracy that the Hunt Brothers engaged in; Washington = tinfoil hat wearers)


bitcoin did rise from less than a penny to over $50000 and listen to the manipulators of metal prices on the threat of bitcoin.

Bitcoin does not present a serious threat to U.S. dollar’s status as the world’s reserve currency, according to St. Louis Federal Reserve President James Bullard.


Gold/silver was the anti-dollar play. Until 2020 when bitcoin became the anti-dollar play. And since bitcoin was founded by a dude named "Central Intelligence" using Eastern USA computer code, that was developed by the US "gov't". And that Washington was on the ground floor of bitcoin, of course bitcoin is not a threat to its inventor.

Gold/silver were manipulated downward for decades. Silver should be valued at over 1000 USD, except for manipulation and paper and selling the same physical metal in a vault to different buyers.

Bullard, who has led the St. Louis Fed since 2008, expressed concerns about widespread transactions using a range of cryptocurrencies that are not issued by governments. “Dollars can be traded electronically already, so I’m not sure that’s really the issue here. The issue is privately issued currency,” he said.


What the manipulators would move against is alt coins (xLitecoin - which is probably the same origin as bitcoin). Notice the wording of 'range of cryptos'. Those competition to cia bitcoin are planned for getting rid of.

2020s is a decade Washington/banks/corporations/etc plans to promote the usage of bitcoin. So expect the push to bitcoin to be valued at a billion yuan per bitcoin.

The hope is everybody rejects cia bitcoin. Though it would take an old guard like Mitt Romney to get rid of bitcoin. And if nobody is getting rid of bitcoin through regulations, it is most likely going higher.


bitcoin is the planned ponzi scheme that everybody is expected to want to buy into and to be the replacement of the dollar instead of gold and silver.

The good people of the world got rid of trump, can we get rid of bitcoin too.

Remember what the banks and regulators and Washington did to silver because Washington hates competition. Washington is not trying to crash the price of bitcoin which as increased over 1 million times from the days of being a penny per bitcoin. Washington is not trying to crash the price of bitcoin because Washington invented bitcoin. Simply banning bitcoin would crash the price. And Washington is not doing that. Mastercard wants into cryptos with regulation to sanitize bitcoin to prepare it for being the worlds currency. That is the plan. Hopefully were never live in such a nightmare world.

Washington hates the rise of gold and silver. Yet is content with the rise of bitcoin prices in terms of dollars.

bitcoin was sold to Libertarians on Libertarian forums in 2010 as some way to defeat the banks and Washington. Turns out to be everything Washington wanted because Washington designed bitcoin that way.
 
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High price of precious metals of silver and gold are so threatening to the established disorder of Washington that...

So, late in 1979, the commodity exchanges changed the rules and stated that no investor could hold over 3 million ounces of silver contracts. It also said that all contracts over 3 million ounces per trader must be sold by February 1980.

On January 21, 1980, the commodity exchanges, with support from the U.S. government, announced that no one could buy anymore silver. Investors could only sell silver – and only sales to exchange-approved buyers were allowed.

The exchanges had changed the rules, and there was nothing the Hunts could do about it. They couldn’t buy more silver. And if they sold their massive holdings, they risked triggering a panic.

Paul Volcker, then chairman of the U.S. Fed, in a move to control rising inflation, ordered U.S. banks to begin curtailing their loans. Loans for “speculative holdings of commodities or precious metals” were singled out – likely with the Hunts as specific targets, since they borrowed money to buy their silver contracts. American banks and brokerages would no longer lend money to the Hunts.



bitcoin did rise from less than a penny to over $50000 and listen to the manipulators of metal prices on the threat of bitcoin.

Bitcoin does not present a serious threat to U.S. dollar’s status as the world’s reserve currency, according to St. Louis Federal Reserve President James Bullard.


Gold/silver was the anti-dollar play. Until 2020 when bitcoin became the anti-dollar play. And since bitcoin was founded by a dude named "Central Intelligence" using Eastern USA computer code, that was developed by the US "gov't". And that Washington was on the ground floor of bitcoin, of course bitcoin is not a threat to its inventor.

Gold/silver were manipulated downward for decades. Silver should be valued at over 1000 USD, except for manipulation and paper and selling the same physical metal in a vault to different buyers.

Bullard, who has led the St. Louis Fed since 2008, expressed concerns about widespread transactions using a range of cryptocurrencies that are not issued by governments. “Dollars can be traded electronically already, so I’m not sure that’s really the issue here. The issue is privately issued currency,” he said.


What the manipulators would move against is alt coins (xLitecoin - which is probably the same origin as bitcoin). Notice the wording of 'range of cryptos'. Those competition to cia bitcoin are planned for getting rid of.

2020s is a decade Washington/banks/corporations/etc plans to promote the usage of bitcoin. So expect the push to bitcoin to be valued at a billion yuan per bitcoin.

The hope is everybody rejects cia bitcoin. Though it would take an old guard like Mitt Romney to get rid of bitcoin. And if nobody is getting rid of bitcoin through regulations, it is most likely going higher.


bitcoin is the planned ponzi scheme that everybody is expected to want to buy into and to be the replacement of the dollar instead of gold and silver.

The good people of the world got rid of trump, can we get rid of bitcoin too.

Remember what the banks and regulators and Washington did to silver because Washington hates competition. Washington is not trying to crash the price of bitcoin which as increased over 1 million times from the days of being a penny per bitcoin. Washington is not trying to crash the price of bitcoin because Washington invented bitcoin. Simply banning bitcoin would crash the price. And Washington is not doing that. Mastercard wants into cryptos with regulation to sanitize bitcoin to prepare it for being the worlds currency. That is the plan. Hopefully were never live in such a nightmare world.

Washington hates the rise of gold and silver. Yet is content with the rise of bitcoin prices in terms of dollars.

bitcoin was sold to Libertarians on Libertarian forums in 2010 as some way to defeat the banks and Washington. Turns out to be everything Washington wanted because Washington designed bitcoin that way.
Considering the Dollar has nothing backing it any longer, the same can be said about the US dollar...in fact, this can be said for most currencies. In fact, even gold is merely a metal that humanity has given value to, Diamonds (which aren't even that rare) as well.

Bitcoin relies on the same principle that gold does. There is a finite supply, and the higher the demand for it, the more value it gains.

Your comment just sounds like a tin foil hat conspiracy.
 
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When debt bubble bursts and paper money finally experiences hyperinflation in value dropping. bitcoin is the alternative anti-dollar play, and the banks, hedge funds, corporations, politicians and other losers agree on bitcoin as the anti-dollar play... meaning as the dollar collapses bitcoin is the replacement. And with bitcoin started by the "US gov't", the bitcoin is the new world's reserve currency and since the debt bubble is worldwide, the banksters would take the rest of the paper money with them, and there would be one world currency of bitcoin.

Bankster at the Federal Reserve, says the problem with bitcoin is it is not a one world currency or national currency. If it were one of those, bitcoin would be useful as a currency.

You never get Fed directors talking about replacing the dollar with silver and paying for your coffee with silver coins as something favourable. Fed directors approve of bitcoin, except we have dollars now and pesky federal reserve notes are in the way of bitcoin be truly utilitarian in being accepted for buying and paying with bitcoin.

“I think the same thing would occur with bitcoin here,” Bullard said. “You don’t want to go to a nonuniform currency where you’re walking into Starbucks and maybe you’ll pay with ethereum, maybe you’ll pay with ripple, maybe you’ll pay with bitcoin, maybe you’ll pay with a dollar. That isn’t how we do this. We have a uniform currency that came in at the Civil War time.”


Not only is bitcoin no threat to banksters. It is the anti-dollar play that banksters approve of.

In short the banksters hate gold and silver and manipulate the prices of PMs to punish gold and silver investors, and banksters can't get enough of bitcoin.


When bitcoin hits 100 million USD or more per bitcoin, the amount of bitcoin Washington is sitting on, can fund 1000 years of constant war in the Middle East, without going bankrupt. UK went basically bankrupt after WWII and lost colonies after winning the war against puppet Hitler. If UK had bitcoins back in 1945, India would never have left, Pakistan would be living under British rule. South Africa would have been retaken. Bitcoin means endless wars and slavery to everybody else. And the plan is to make it the one world currency after the debt bubble bursts. Hopefully, the rest of the world rejects bitcoin.

Is the rest of the world going to wake up and see bitcoin for what it is and not fall for bitcoin or are they going to be overtaken by bitcoins rise to 200 million USD per bitcoin and want to "get rich quick". The temptation to have your money increase by 1000 fold is too great for some.
 
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Like I have stated, you need deep pockets to squeeze the shorters and manipulators. And those deep pockets need to demand physical for delivery and take delivery. Should be interesting to watch. And even if there is a shortage. Last time a panic situation happened with Hunt stacking... the regulators stopped the sale of silver. The main problem with the Hunts was the Hunts had bets on margin. So long as there are no major players with margin bets, even more chance of higher prices, if supply shortages happen. That remains to be seen.


Bullion Banks Sell Even More Silver: Do They Have It?

by: Clint Siegner
Money Metals News Service
March 1st, 2021
2 Comments

Anyone with a naked short in the silver futures market risks getting squeezed by physical buying. Demand for delivery of COMEX silver bars is rising, even as the paper price of the metal fell more than 4.5% last week.

Silver shorts sold contracts representing a whole lot more silver than they have available to deliver again last week.

The disconnect between paper prices and physical demand is getting more ridiculous by the day.

It is also getting more dangerous for COMEX market participants – long and short. The COMEX functions on confidence, which can vanish suddenly.

It will happen when long contract holders discover, en masse, the paper they bought cannot be redeemed for the actual metal as expected. Instead, they get cash settled or, in the event of an outright default, they get nothing at all from insolvent counterparties.


Comex Silver Delivery - 20 Day Total (Chart)


Garrett Goggin has been keeping an eye on COMEX silver deliveries. He notes a huge difference between this year and last.

Delivery demand is roughly 20 times what it was for this period last year.

It is approximately 4 times the previous record for the period set in 2010.

The 41 million ounces delivered over the past three weeks is very significant relative to the total “Registered” stockpile of silver in the COMEX vaults. Bars in the “Registered” category are the ones actually available for delivery to a new owner.

COMEX vaults also contain a larger stockpile of “Eligible” silver. Bars in this category can be converted to Registered when owners decide they are willing to let them go. Until then, they are not available to be claimed by contract holders.

It looks like 80 to 100 million ounces of physical silver will be delivered in March – likely a new all-time record.

The latest report from the CME group shows just 135 million ounces of Registered silver sill available – down 16 million from the 151 million ounces reported two weeks ago.

Watching the Registered inventory is a good way to judge whether the effort to squeeze silver prices is working.

How much of the silver currently being delivered will remain as Registered in the vaults? How much will be converted to Eligible and made unavailable? And how much will be moved to segregated storage or removed from COMEX vaults altogether?

It could get worse for the banks. Shorts may be nervous.

Demand for physical metal keeps accelerating and the COMEX bar inventory continues to fall.

Bullion dealer inventories are low and demand for retail bullion products has never been higher.

Even thousand-ounce bar premiums are elevated, which is an extremely rare occurrence. Rising lease rates in London imply an inventory shortage across the pond.

It is an extraordinarily dangerous time for bullion banks to continue selling silver they don’t have. Their play is to destroy sentiment and shake investors out of the market. Thus far, at least on the physical front, this effort appears to be backfiring.
 
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I'll bring the conversation over here:

China banned bitcoin long time ago. Bitcoin is a scam.

bitcoin is a cia operation, or else it would be banned in the US. The founder of bitcoin Satoshi has 1 million BTCs.


Meaning the cia has millions of bitcoins, convertible into dollars, euros and other currencies. THOSE currencies and new wealth can raid China's stock market, when bitcoin is valued at more than 1M USD. Huawei can be bought up and the whole business moved to the US, with a tiny fraction of dollars that the cia has in bitcoins.

Think of bitcoin as a way for the cia to type in as many digits in a dollar based bank account as wanted, cia wants 100 trillion USD in a bank account, bitcoin is the means. China accepting those endless dollars to buy up China, means China is vulnerable to bitcoin. The whole of China can be bought up in cia stash of bitcoins, if China has capitalism. China has not banned bitcoin because China has not banned the dollar. And with endless QE that does not even touch the dollar value. China did not buy up gold and silver, when the Fed was doing unlimited QE to punish the fed for inflation, means US can print as much as the cia wants to raid China with the ponzi scheme of bitcoins.

You were not on the libertarian forums when cia agents were thick promoting:

cia bitcoins
nsa TOR
deepstate trump
military psy-op Qanon

If it makes the media and is promoted, not banned, by the central bankers - it is controlled.
 
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Not the best time to trade gold right now short term but longterm gold is always the safe bet.

Anyow I recommend u watch this Alessio dude.
 
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I'll bring the conversation over here:



bitcoin is a cia operation, or else it would be banned in the US. The founder of bitcoin Satoshi has 1 million BTCs.


Meaning the cia has millions of bitcoins, convertible into dollars, euros and other currencies. THOSE currencies and new wealth can raid China's stock market, when bitcoin is valued at more than 1M USD. Huawei can be bought up and the whole business moved to the US, with a tiny fraction of dollars that the cia has in bitcoins.

Think of bitcoin as a way for the cia to type in as many digits in a dollar based bank account as wanted, cia wants 100 trillion USD in a bank account, bitcoin is the means. China accepting those endless dollars to buy up China, means China is vulnerable to bitcoin. The whole of China can be bought up in cia stash of bitcoins, if China has capitalism. China has not banned bitcoin because China has not banned the dollar. And with endless QE that does not even touch the dollar value. China did not buy up gold and silver, when the Fed was doing unlimited QE to punish the fed for inflation, means US can print as much as the cia wants to raid China with the ponzi scheme of bitcoins.

You were not on the libertarian forums when cia agents were thick promoting:

cia bitcoins
nsa TOR
deepstate trump
military psy-op Qanon

If it makes the media and is promoted, not banned, by the central bankers - it is controlled.
China developed digital Yuan (digital RMB) , which will demolish US dollar dominance.
 
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China developed digital Yuan (digital RMB) , which will demolish US dollar dominance.

Fed is part of this:


bitcoins are about the replacement of gold with bitcoins, so gold is no longer the threat for inflation, as the anti-dollar play. So Fed is super happy about bitcoin, no worry about gold as a threat. Libertarians are no longer buying gold, the libertarians are bitcoin millionaires buying down Chinese comfort women with bitcoin $$. Tiny small time bitcoin investors are buying up mansions and having money to post stuff like this. cia has enough to raid China with cia bitcoins. The rise of bitcoin is the fall of China, if China is not prepared. Just as you must cut off the infection that is the women who "marry" libertarian bitcoin losers. China has to cut off the infection that would destroy China and prepare for hard times, with stockpiles of 100 year supply of everything, except perishables. 3 Trillion in assets, buy up and prepare for the hard times, US is planning for China.

And with Satoshi Nakamoto translating to "central inteligence", you get the idea of who started bitcoin. It is the bankers dream. And is the largest ponzi scheme ever in the history of the world and is planned to be the one world currency if the dollar collapses.

Fed hold debt assets. Fed could do QE and buy up cia's stash of bitcoin, giving cia hundreds of trillions of dollars. Nobody cares about endless QE, Fed gains the "asset" of bitcoin, and cia get 100 trillion USD. China accepts those USD, cia buys up the whole industry of China and China watches whole manufacturing base and science and technology leave China.

China only has to accept dollars. And if China bans dollars and accepts rubbles. cia can use rubbles. Etc. Every currency is a threat to China, because if one currency accepts bitcoins, anybody connected to that country, even indirectly can destroy China, so long as China is capitalistic (stock markets, etc). And so long as China needs resources.

China's five year plan to be no longer dependent on export economy is a MAJOR step. Grow the economy so much that large export trade is not too important. Then next step is resource security.
 
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Fed is part of this:


bitcoins are about the replacement of gold with bitcoins, so gold is no longer the threat for inflation, as the anti-dollar play. So Fed is super happy about bitcoin, no worry about gold as a threat. Libertarians are no longer buying gold, the libertarians are bitcoin millionaires buying down Chinese comfort women with bitcoin $$. Tiny small time bitcoin investors are buying up mansions and having money to post stuff like this. cia has enough to raid China with cia bitcoins. The rise of bitcoin is the fall of China, if China is not prepared. Just as you must cut off the infection that is the women who "marry" libertarian bitcoin losers. China has to cut off the infection that would destroy China and prepare for hard times, with stockpiles of 100 year supply of everything, except perishables. 3 Trillion in assets, buy up and prepare for the hard times, US is planning for China.

And with Satoshi Nakamoto translating to "central inteligence", you get the idea of who started bitcoin. It is the bankers dream. And is the largest ponzi scheme ever in the history of the world and is planned to be the one world currency if the dollar collapses.

Fed hold debt assets. Fed could do QE and buy up cia's stash of bitcoin, giving cia hundreds of trillions of dollars. Nobody cares about endless QE, Fed gains the "asset" of bitcoin, and cia get 100 trillion USD. China accepts those USD, cia buys up the whole industry of China and China watches whole manufacturing base and science and technology leave China.

China only has to accept dollars. And if China bans dollars and accepts rubbles. cia can use rubbles. Etc. Every currency is a threat to China, because if one currency accepts bitcoins, anybody connected to that country, even indirectly can destroy China, so long as China is capitalistic (stock markets, etc). And so long as China needs resources.

China's five year plan to be no longer dependent on export economy is a MAJOR step. Grow the economy so much that large export trade is not too important. Then next step is resource security.
Trade between Russia and China is getting rid of USD.
Trade between Iran and China has already got rid of USD.
Trade between ASEAN and China is getting rid of USD gradually.

USD as reserve currency is in danger, coz US index is dropping, and keep dropping.
 
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An old tactic of US, is to get their pawns and even enemies to demand something US oligarchs want. So if Bush wanted a war with Afghanistan (Afghan war plans were on the desk of Bush on the day before 9/11), then cia stages a false flag operation to get stupid public to demand the very thing Bush wants. US is afraid of gold and silver threatening dollar hegemony, so invents bitcoin and explains to libertarians that "bitcoin is gonna go after those jews at the federal reserve. Stop buying gold and buy bitcoin." And every idiot libertarian that was concerned about liberty and freedom, now serves the cia in anti-China trumpism and promoting cia bitcoins.

So long as there are elections, mass manipulation of the electorate is often used to achieve Oligarch goals.
 
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If you don't comprehend bitcoin from the libertarian perspective, you miss the reason for bitcoin existence.

Libertarians were stacking silver and gold in the first decade of 2000s, so much so, the plan of the libertarians was to cause a crash of the dollar and run-away hyperinflation. Libertarians knew the dollar was a hyper-inflated ponzi scheme that was going to collapse.


Everybody who held paper dollars would have lost their wealth. Those who held property and stocks would have lost much of their value in the stock market, however a 10 fold drop in prices in stocks would pale in comparison to the run-away hyper inflation.

It would be Weimar Republic, where you pay for bread with a wheel barrel of paper dollars. Everybody would want to convert the worthless dollars to gold and silver.

Washington was in a panic mode because of these libertarian silver and gold investors. Essentially Washington had to declare defeat, the libertarians were too many and the dollar was at risk of a total collapse.

The citizens of the US who trusted Washington to preserve their wealth, would be impoverished, and nothing would return their trust to Washington. The USA empire would collapse and savers like the Chinese would replace the US hegemony with Chinese hegemony. Gold and silver, meant freedom for the rest of the world that was under siege of US targeted hatred.

Enter bitcoin, it was sold to libertarians as the way to crash the dollar and federal reserve. You get rich quick and is less work than stacking silver and gold. You have your computer mine it so you can stop the assault on the dollar by stop the buying of gold and silver.

Bitcoin is the sh*t that was shoveled at the federal reserve to bankrupt those who hold dollars, shoveled back at the world. So instead of gold collapsing the dollar and making Amerikkkans eat dirt and beg for pennies on the street.

Bitcoin is projecting that it, out at the rest of the world. Instead Chinese would be eating dirt and begging for pennies (or in this case tiny fractions of bitcoins) on the street. Bitcoin is the years of cia planning to bankrupt anybody who does not hold bitcoins, as once it was the goal of libertarians to bankrupt anybody holding dollars and bankrupting those who did not hold gold and silver, thus wiping out the fortunes of hundreds of millions in the USA.

Bitcoin when it gets to world currency, where none can buy or sell except in bitcoin, that plan the libertarians had in impoverishing the USA with gold going to hundreds of thousands per ounce, is instead turned around and going to impoverish China for not having, not gold and silver, for not having millions of bitcoins.

The lack of holding gold and silver, which was the original plan of the libertarians to end the US empire, has been substituted by the cia, with bitcoins, which are no threat to the US, for the US started the whole scheme to export the misery that was planned for the USA, to the rest of the globe.

Bitcoin has replace gold as the anti-dollar play. It is to the advantage of the free world that gold go back to being the anti-dollar play.

This is why I say China needs 100 years of resources so that China does not have to use bitcoin to buy resources in the future.
 
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Bitcoin is the new Gold, Ethereum is the new silver. Deny it as much you want to but BTC will hit $200,000
 
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