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Leftist millennial vows to remake Chile after historic win

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Leftist millennial vows to remake Chile after historic win
Former leftist Chilean student leader Gabriel Boric will be under quick pressure from his youthful supporters to fulfill his promises to remake Chile after the millennial politician scored a historic victory in the country’s presidential runoff


By PATRICIA LUNA and JOSHUA GOODMAN Associated Press
19 December 2021, 21:04
• 5 min read

Chile's President elect Gabriel Boric, of the I approve Dignity coalition, celebrates his victory in the presidential run-off election  in Santiago, Chile, Sunday, Dec. 19, 2021. (AP Photo/Luis Hidalgo)

The Associated Press
Chile's President elect Gabriel Boric, of the "I approve Dignity" coalition,
SANTIAGO, Chile -- Former leftist student leader Gabriel Boric will be under quick pressure from his youthful supporters to fulfill his promises to remake Chile after the millennial politician scored a historic victory in the country's presidential runoff election.

Boric spent months traversing up and down Chile vowing to bring a youth-led form of inclusive government to attack nagging poverty and inequality that he said are the unacceptable underbelly of a free market model imposed decades ago by the dictatorship of Gen. Augusto Pinochet.

The bold promise paid off. With 56% of the votes, Boric on Sunday handily defeated his opponent, far right lawmaker José Antonio Kast, by more than 10 points and at age 35 was elected Chile's youngest modern president.

Amid a crush of supporters in downtown Santiago, Boric vaulted atop a metal barricade to reach the stage where he initiated in the indigenous Mapuche language a rousing victory speech to thousands of mostly young people.

“We are a generation that emerged in public life demanding our rights be respected as rights and not treated like consumer goods or a business,” Boric said. “We know there continues to be justice for the rich, and justice for the poor, and we no longer will permit that the poor keep paying the price of Chile’s inequality.”

In his speech, the bearded, bespectacled president-elect highlighted the progressive positions that launched his improbable campaign, including a promise to fight climate change by blocking a proposed mining project in what is the world’s largest copper producing nation.

He also called for an end to Chile’s private pension system — the hallmark of the neoliberal economic model imposed by Pinochet.

It's an ambitious agenda made more challenging by a gridlocked congress and ideological divisions recalling the ghosts of Chile's past that came to the fore during the bruising campaign.

Kast, who has a history of defending Chile’s past military dictatorship, finished ahead of Boric by two points in the first round of voting last month. But his attempt to portray his rival as a puppet of his Communist Party allies who would upend Latin America's most stable, advanced economy fell flat in the head-to-head runoff

Still, in a model of democratic civility that broke from the polarizing rhetoric of the campaign, Kast immediately conceded defeat, tweeting a photo of himself on the phone congratulating his opponent on his “grand triumph.” He then later traveled personally to Boric's campaign headquarters to meet with his rival.

And outgoing President Sebastian Pinera, a conservative billionaire, held a video conference with Boric to offer his government's full support during the three-month transition. That will follow a runoff that saw 1.2 million more Chileans cast ballots than in the first round and raise turnout to nearly 56%, the highest since voting stopped being mandatory in 2012.

“It’s impossible not to be impressed by the historic turnout, the willingness of Kast to concede and congratulate his opponent even before final results were in, and the generous words of President Pinera,” said Cynthia Arnson, head of the Latin America program at the Wilson Center in Washington. “Chilean democracy won today, for sure.”

In Santiago's subway, where a fare hike in 2019 triggered a wave of nationwide protests that exposed the shortcomings of Chile's free market model, young supporters of Boric waved flags emblazoned with the candidate's name while jumping and shouting as they headed downtown for his victory speech.

“This is a historic day,” said Boris Soto, a teacher. “We've defeated not only fascism, and the right wing, but also fear.”

Boric will become Chile’s youngest modern president when he takes office in March and only the second millennial to lead in Latin America, after El Salvador’s Nayib Bukele. Only one other head of state, Giacomo Simoncini of the city-state San Marino in Europe, is younger.

The new government is likely to be closely watched throughout Latin America, where Chile has long been a harbinger of regional trends.

It was the first country in Latin America to break with U.S. dominance during the Cold War and pursue socialism with the election of Salvador Allende in 1970. It then reversed course a few years later when Pinochet’s coup ushered in a period of right-wing military rule that quickly launched a free market experiment throughout the region.

Boric’s ambitious goal is to introduce a European-style social democracy that would expand economic and political rights to attack nagging inequality without veering toward the authoritarianism embraced by so much of the left in Latin America, from Cuba to Venezuela. It’s a task made more urgent by the coronavirus pandemic, which sped up the reversal of a decade of economic gains.

Boric was able to prevail by expanding beyond his base in the capital, Santiago, and attracting voters in rural areas. For example, in the northern region of Antofagasta, where he finished third in the first round of voting, he trounced Kast by almost 20 points.

Also key to his victory were Chilean women, a key voting bloc who feared that a Kast victory would roll back years of steady gains. Kast, 55, a devout Roman Catholic and father of nine, has a long record of attacking Chile’s LGBTQ community and advocating more restrictive abortion laws. One of his supporters even joked that

Boric, in his victory speech, promised that Chile's women will be “protagonists” in a government that seeks to “leave behind once and for all the patriarchal inheritance of our society.”
 
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Chile is a huge silver and copper mining production country.

Over half of the world's silver production is now under the control of leftist/center-left governments.


6 out of 7 top silver mining countries are anti-US/UK. And 7 out of top 9 are anti-US and anti-UK.


Half of mining of copper is from top 3 anti-US leftist countries:


What does silver have to do with anything.

Roundtable: COMEX Silver Delivery is a Fraud!, Part 1


Roundtable: COMEX Silver Delivery is a Fraud!, Part 2


Silver is money and if mining is nationalized in these leftist countries and China set up a direct market to acquire silver from these countries at fair market value, the COMEX and LME would default and not have any supplies, causing a run on silver and perhaps crash of US dollars.

Read here:

The Case For $5,000 Silver – Yes, $5,000 Silver


In short, the US for decades has been printing silver on paper, with barely anything physical to back the paper. So if investors are interested in silver, they have no physical silver and dozens or hundreds of investors share the same silver bar for ownership, to keep the price of silver down.

You could have 1000 to 10000 USD price of an ounce of silver. And China could dump treasuries and go on the silver standard. The leftist would be rich and 40 years of silver manipulation by the US would end in disaster. The goal of having cia bitcoins to replace the dollar and be the global currency would go down in flames.

Here is a MAJOR opportunity for any freedom loving nation(s) to band together against US imperialism and manipulation and lies. Allow silver to reach fair market value through real price discovery of $5K per ounce.

This is greater than ANY defeat of Washington in the battlefield. US has a whole industry of keeping the price of silver down for a purpose of US imperialism. More important than the war machine. US loses wars in Vietnam, Afghanistan, etc... a loss of silver manipulation is greater than these military losses combined.
 
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Allende comes back, Pinochet is on the road.
CIA: Yes sir. Call on duty.
 
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A tiny example of silver manipulation in the video. The whole paper market is manipulation, because there is only a tiny amount of physical silver available for demand, if delivered silver would be 5000 USD per ounce. Instead, since there is endless paper silver printed in the COMEX and other markets, endless supplies can fulfill as much of silver demand as wanted "on wall street". If you want 50 trillion tons of silver, the COMEX can fulfill that in paper without depleting any physical silver. This has been happening for decades to get each silver investor to loose millions of dollars to get where there are none interested in buying silver. This does not happen with cia bitcoin. Cia bitcoins are allowed to go up 1 million times where they were a decade ago.


Silver manipulation is more important than blaming China for the outbreak, more important than winning any war. For silver manipulation is about saving the US dollar and what is money. A physical silver and gold currency gets the US bankrupt and unable to fund an empire. The British Empire collapsed over WWII spending. If bitcoin was around in the 1940s with computers, and had the UK cornered bitcoins - possessing 50% of bitcoins (as Qanon, cia and Washington own the majority of bitcoins today) and bitcoin was the global currency in 1945, the UK Empire would have expanded. The US empire is allowed through the endless printing (debt/borrowing) of dollars. And when the dollar collapses and bitcoin is the global currency, the US takes over the globe. Nobody wants the Yuan as a world currency, the euro is troubled, the world has to return to gold and silver or else face US imperialism increased by a factor of 5.

The pieces are in place for the leftists to corner the silver and copper production market, deny access of the UK and US to silver, and have the people become rich off of their own resources.
 
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Imagine if Pakistan produced 75% of the yearly production of silver. What would Pakistan do. Wouldn't the Pakistanis demand nationalization of the mining industry and not sell silver at 22 dollars an ounce. Knowing that silver is being manipulated from 5000 dollars an ounce with worthless paper contracts to scare away investors, wouldn't Pakistan use their silver to make Pakistan rich. Start a mint and make every Pakistani a king.

That is what Latin Americans face in opportunities.

The whole war on silver by Washington is to prevent such a "nightmare" scenario.

The "non-nightmare scenario" goal of London-Washington (from the British view) is to impoverish the 3rd world, steal their wealth and resources at rock bottom prices and to concentrate wealth into fewer hands of British-Americans.

Silver in the 1800s and early 1900s in the US was squashed by Oligarchs because Free silver was the enemy of the Industrialists. Later silver became the enemy of the banking system. When the rug was pulled under the savers, who faced inflation from paper money now backed by fiat alone. Whether fighting the bad effects of both deflation and inflation, silver has always been a friend of the people. And the leftists in Latin America and anti-US bloc (Russia, China, etc) mine three-quarters of the world's production of silver.

The Roman Empire nationalized their mining industry because that benefited the people, not Oligarchs. The Ancient Greeks did the same, IIRC.

Silver is cheap and could remain cheap if the manipulators are allowed to continue the paper racket. If Chile, Peru, Bolivia, Mexico and others nationalize their mining and stockpile their silver, crash the COMEX and LME, and sell at very high prices, not only would the US dollar collapse, the US empire would end.

The whole US empire is based on Precious Metal rigging, that is the racket of the criminal system, the only thing that keeps the dollar in demand as the international currency is the constant attacks on gold and silver.
 
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Leftists have been easier to control in the millennial generation by the Western liberal elitists. Given Chile's resources, chances are that they might cozy up more and change the tone with Biden's America. Chile has been a strong American ally in the region and has been a vociferous supporter apart from Colombia.
 
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Imagine if Pakistan produced 75% of the yearly production of silver. What would Pakistan do. Wouldn't the Pakistanis demand nationalization of the mining industry and not sell silver at 22 dollars an ounce.

Why do you think silver should be $5000/ounce. You can go to any street corner jewelry store and buy pounds of it. It's not that rare.

You can even go on Amazon right now and basically buy an unlimited amount of South African Silver Krugerrands. This talk about it not being in your hands is nonsense. Companies will happily ship it to you.
 
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Why do you think silver should be $5000/ounce. You can go to any street corner jewelry store and buy pounds of it. It's not that rare.

You can even go on Amazon right now and basically buy an unlimited amount of South African Silver Krugerrands. This talk about it not being in your hands is nonsense. Companies will happily ship it to you.

Good question, because silver is available for industrial and jewelry use. The mass brokerage investment of gold and silver by both big and small investor is backed by the same limited stock on the COMEX, etc. There is trillions of dollars worth in investment/trades in gold and silver. Most of that is paper. If those were each given their own physical metal, and not shared and/or backed only by paper, silver would go up to $5,000 overnight. There is not enough physical silver to meet demand of the silver paper market, PM investors know this. Including those on the COMEX and LME.

That if there was a "call" on the investments and trades and bets in physical silver, there would not be enough for demand, you would be backlogged in delivery. The paper market would crash (paper silver would be worthless or drive up the price of silver in future delivery), and physical silver would be a run on. Driving up prices to $5,000. There could be added interest into this hot market, driving up silver to even higher prices. And then there could be added selling to cash in on silver at these levels. As many could buy a house with grandma's old silver coins.

Silver and gold are historic money. Have been money and wealth for 5000 years.

The whole US government policy is to keep gold and silver as antiquated investments and low amount of interested investors and the price low. There is not wanted any competitors to dollar hegemony.

Gaddafi was taken out, according the the leaked Clinton emails, partly over the gold backed dinar. That is how serious Washington is anti-silver and anti-gold currency.
 
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Good question, because silver is available for industrial and jewelry use. The mass brokerage investment of gold and silver by both big and small investor is backed by the same limited stock on the COMEX, etc. There is trillions of dollars worth in investment/trades in gold and silver. Most of that is paper. If those were each given their own physical metal, and not shared and/or backed only by paper, silver would go up to $5,000 overnight. There is not enough physical silver to meet demand of the paper market, PM investors know this. Including those on the COMEX and LME.

Independent experts have agreed on the same figures. That if there was a "call" on the investments in physical silver, there would not be enough for demand, you would be backlogged in delivery. The paper market would crash (paper silver would be worthless or drive up the price of silver in future delivery), and physical silver would be a run on. Driving up prices to $5,000. There could be added interest into this hot market, driving up silver to even higher prices. And then there could be added selling to cash in on silver at these levels. As many could buy a house with grandma's old silver coins.

It's possible it may spike up but who is actually going to buy it at $5000. This is like when somebody says their coin is worth $5000 because they saw the exact same one on Ebay. Problem is nobody is buying that one on Ebay listed at $5000.
 
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Very good question. The entire silver market of trading on COMEX, LME, etc is 5 times the entire supply of silver ever produced in history. Paper silver is many times more than what can be met by supply. So the floor price of silver is over 100 dollars an ounce.

The whole of Washington knows the Achilles heel is gold and silver out performing the dollar, and as a woman leaving her current BF for a past lover, the investors loose faith in the dollar and run to gold and silver. This one of the few peaceful ways to end the US empire. China is anti-gold and anti-silver. When China had a chance to destroy the US in 2008 by leaving the dollar and going for sound money, as libertarians call gold and silver, China spent 400 billion dollars, an enormous amount of money at the time, to save the US banking system, save the US financial system and save the US dollar. China betrayed the libertarian movement to score brownie points with the cia. China saved the US cia empire. Communist China has a severe case of hatred of libertarians and anybody for liberty, and sides with the cia in their schemes in nearly each plan. China supported the fall of the Soviet Union. China supported the war in Afghanistan. China supported the war in Iraq. China did not complain about the Syrian War. China did not complain about the Libyan War. China did not complain about Lebanon. China saved the US empire in 2008. China is closer to Washington that most Americans. In terms of endless wars and murder, China either votes with the US; or abstains and allows the US to do whatever.

Communist China is into the bottomline of the Chinese.

Here is somebody far removed from the polices of communist China:


When the cia looks in the mirror, these individuals see Communist China looking back in the mirror.

If Communist China can make a dollar from backing cia policies, China invests billions into cia plans. Been that way for decades. The whole of the 40 years of growth of China was 100% from China not making any waves against the cia, from supporting cia plots to get on the good terms with cia agents. BRI is to put a happy face on that.

Here is where the 5K per ounce comes from:

The Paper Silver Market is 250 Times the Size of the (Yearly) Physical Silver Market

Published by Fabrice Drouin Ristori | Jun 25, 2014 | Articles

Bloomberg recently published an article on the discussions taking place concerning the establishment of a new « fix » on the silver price. The old « fix » will end on August 15, 2014, bringing potential consequences that I’ve already analysed.
What is interesting in this Bloomberg article is not so much that discussions have taken place to determine a new way of fixing the price of silver, but rather the information about the scope of the silver market.
The article states that the size of the global annual silver market is equal to $5 trillion.
Bloomberg has always been a reliable source with their published data; thus it is interesting to compare the size of the silver market as announced by Bloomberg with the size of the physical silver market.
And this is where things get interesting and really surprising...
In a recent interview, David Morgan confirmed to me that the annual physical silver production is of roughly one billion ounces. With silver trading around $20 currently, this represents a $20 billion market for physical silver.
So the size of the physical silver market is of $20 billion, whereas Bloomberg is mentioning $5 trillion.

How can such a difference be explained?
Well, these $5 trillion represent the entirety of the « paper » silver market, including all « paper » financial products (certificates, options, ETFs etc.) derived from the real physical market and allowing investors to be « exposed » to silver.
This makes for a 250 to 1 ratio between the « paper » market and the physical silver market.
This would mean that, for every ounce of physical silver, there are 250 ounces of « paper » silver circulating in several financial products. In other words, only one contract or certificate issued out of 250 would be convertible in physical silver.
The disconnect between physical and « paper », or virtual, markets is considerable.
The financialisation of the silver market is resulting in a leverage of 250 to 1.
(The multiplication of those financial products on silver has skirted investors’ demand from the real physical market, thus creating a virtual silver supply without putting any pressure on the physical silver market. A roundabout way of keeping the price low.)
If now, as the regulation agencies are claiming, the goal is to create a new fixing for silver that would better reflect the physical market (notably from pressure coming from countries, like China, wishing to have their say in the fixing of precious metals prices), the leverage between « paper » silver and physical silver is at risk of radically evolving.
Let’s hypothesize that the silver price would be directly based on the physical silver market :

Today, the actual size of the silver market is, according to Bloomberg, of $5 trillion.
$5 trillion divided by 20 billion (physical market) = 250
250 X $20 (silver spot price) = $5,000 an ounce

If the price of silver were based directly on the real physical silver market, silver’s price should be at $5,000 an ounce.
This price may seem totally crazy, but who can pretend knowing exactly how an ounce of silver is worth, after decades of manipulation and turning real investors’ demand from the physical market to the « paper » one, and years of exponential monetary printing by all the planet’s central banks?
The actual spot price for silver has no real value and is not legitimate when we seriously compare the real physical silver market to the « paper » market and its myriad of financial derivatives.
I’m not saying the price of silver will reach $5,000 an ounce; I’m just saying that the actual PHYSICAL silver spot price is not only extremely undervalued, but that it is an illusion compared to the real value of an ounce of physical silver, since it is totally disconnected from reality.
Every investor holding silver in the form of financial products, without the possibility of verifying the physical existence of their investment, should ask the question as to what will happen when more holders of said products will ask for physical delivery.
In reality, we already know what will happen, because one of the large banks from the Netherlands, ABN-AMRO, already defaulted, a little more than a year ago, on its « gold » certificates by settling customers in cash.


Fabrice Drouin Ristori
Founder/CEO Goldbroker.com
ceo@goldbroker.com - Twitter @fabricedrouin





If every ounce on earth was called to the COMEX and LME through what happened in 1933 with FDR and gold and worse, an estiminated 55 billion ounces of silver would be delivered to the COMEX and LME, you would have silver at about 100 dollars per troy ounce. 5 trillion dollar market, 55 billion ounces in that COMEX trading market, 100 dollars per ounce. Since most of the physical silver is already spoken for and most would rather give up their guns than silver. That 5 trillion market of silver has only a fraction of that silver to draw in selling marketplace from and thus the 5000 dollar estimate.

Same is true for bread, say there was 55 loaves of bread and 50 were already spoken for, and the owners of the 50 loaves were not selling at any low price of 22 dollars per loaf. They were waiting for the price of much higher. Then there is a 5 trillion dollar market in loaves of bread, with 5 loaves for trading, how much are those loaves worth. So what the US government does is use the COMEX markets to invent endless amounts of paper loaves of bread, to suppress the price down to 22 dollar a loaf.

That is what is happening to silver. Mass manipulation. Very limited quantities of silver.

To show how little silver there is, if every person on the globe demanded silver, there would only be 7 ounces per person to have for a lifetime to save and spend, plus a tiny amount more in future production. An economy of silver as money would have silver much higher in value. The global average monthly salary is between 500 to 1000 USD. Saving, spending, paying has silver at 100 USD with no savers and no rich, everynody living in shacks with no economic growth. Add in a wealthy and saving class, you have silver in the 10000s. Add in wall streets and banking and corporations and gold too as money, and silver is $25000/per ounce and even more. That is if every ounce is seized by governments and minted. If not, silver can go lunar to $100.000 per ounce, if much of silver stays with investors as bullion and old currency. Because new loans and new economic development would demand silver, without physical supply, the price of silver would increase to meet demand with supply. At this point anybody would realize that paper dollars are worthless as German toilet paper money of the 1920s.

This is what China saved the US empire from in saving the banking system when everybody was ready to rush out of the dollar to gold and silver. Because of China saving the banks in 2008 when libertarians were trying to crash the dollar and promote gold to replace the dollar, the thus US continues on their endless wars of genocide. It is down to China to stop this, except since China hates gold and silver and libertarianism, China cannot stop the US without war. And who wants that. China would much rather make money from the cia enslavement of the globe:


Back to Chile's silver production and Latin America's silver production.


There is not enough old money (gold and silver) for the global economy.

Now that knowing that the survival of the US empire is dependent upon gold and silver staying low in price, that the only time silver would reach $5000 is if the US empire ends and there is mass rioting in the streets of each US city, triggered either by silver increasing in price or a domestic event triggering silver to increase in price. Since that is not going to happen anytime soon, I said: "Silver is cheap and could remain cheap if the manipulators are allowed to continue the paper racket."

Watch this video on how money is currently made:


Money (dollars) is invented endlessly though debt creation. Pay with a credit card, new money is invented. Pay off your credit card, money is destroyed. Buy a house on mortgage, new money is invented. Pay off your mortgage, money is destroyed. Pay interest - less money for the population and more money for the banks and wealthy.

Physical Silver and gold as money is completely different. There is a finite amount of both. Less than an ounce of gold per person and small shavings of gold per month in total production. And something like 7 ounces of silver per person and small shavings per month in total production.

However, the US has nothing to worry about China organizing the Latin American copper and silver producers to have a rival market, simply have the cia pay 50 cents to Beijing and Beijing would not try to crash the dollar with silver. China has done more for the cia, for less money. China owning the US banks is an even greater incentive than 50 cents to not support the leftist in Latin America achieve prosperity with silver.

When Iran gets nuked, remember China saving the dollar and US empire in 2008 and hating the libertarian movement and promoting cia-ism around the world at the UN.

I like freedom in the world. To make some money, China promotes slavery in many many ways.
 
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Leftists have been easier to control in the millennial generation by the Western liberal elitists. Given Chile's resources, chances are that they might cozy up more and change the tone with Biden's America. Chile has been a strong American ally in the region and has been a vociferous supporter apart from Colombia.

Decades ago, the leftists were anti-establishment in the west.

Nowadays, right-conservative are the anti-establishment and leftists are the pro-establishment.

:lol:
 
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Decades ago, the leftists were anti-establishment in the west.

Nowadays, right-conservative are the anti-establishment and leftists are the pro-establishment.

:lol:

Chile is a resource-rich nation. Latin America and leftism don't go well, especially if you see the case with Argentina, Cuba, and Venezuela. While Venezuela is in free-fall, the other two somehow stabilized with some semblance of balance. Chile is one of the most stable and developed countries on that continent.

This Leftism is going to do more harm than good there if they repeat the mistakes of other idealist leftists of South American countries.
 
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No negative articles in the mainstream US media means this guy is already compromised a la AOC and the rest of the so called "progressives".
 
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