Jim Willie: Gold And Silver — Two Pictures
- Jim Willie: Gold And Silver — Two Pictures
by Jim Willie, https://www.gold-eagle.com/
It is said that a picture is worth 1000 words, and thus two pictures are worth 2000 words. The entire financial system is fracturing and imploding, no exaggeration. The entire monetary system is being undermined in a true Weimar sense, in reality. Such a situation almost never has come about without a world war. Since 2001 in the Jackass opinion, the world financial war has been in progress with the imposition of anti-terrorism statutes, with a seminal event in 2008 for the bond implosion. A certain signpost was flashing in 2012 with the installation of Quantitative Easing, better described as hyper-monetary inflation of the unsterilized type. When the REPO market exploded on the scene in September 2019, the death of the USDollar’s foundation was evident to all with vision. When the sequence of CARES stimulus bills was enacted, the assurance for Infinite QE Forever was clear. The time before total sunset on the global reserve currency was declared as near. The Global Financial RESET is officially in progress. A new age is soon to dawn. The role of the USDollar is unclear in future months, probably for black market activity and possibly a transition currency.
–
The working trade-based Gold Standard comes, alongside a practical industrial Silver Standard. It can be most assuredly stated that gold & silver are the newly recognized hedges against systemic financial failure. For many decades, the precious metals have served as hedges for inflation, both price inflation and monetary inflation. With the current situation having turned critical for economic sabotage, gold will become the Monetary Core to the new system, and Silver will become the Energy & Technology core to the new system. It has been written; it will be told. The July Hat Trick Letter contains many items to support the infinite expansion of the monetary base. It also includes information as to how the Gold market is completely fractured, and under siege by delivery demands. Utter desperation has set in. The August Hat Trick Letter to come next month will contain a guideline to justify the move toward $5000 on the gold price. It will also contain an update from second conversation with Maxwell the Banker, who hails from Central Europe. The Global RESET quasi-committee has altered the consensus precious metals prices. Exciting times lie ahead.
–
GOLD TO $2500/OZ
An historical transformation is underway. The chart speaks volumes. The eight years of consolidation has ended. Tremendous price suppression has occurred. The Swiss-Euro 120 Peg from 2012 was only the beginning for the powerful force. In effect, it was a four-sided arbitrage put in place to suppress the Gold price. The gold price was pulled down hard, by means of the Dollar Swap and vast investments in the US Stock Market by the Swiss National Bank, their central bank. Of course, the SNB also invested heavily in USTreasury Bonds. Much more to this story, whose four factors are currently being unwound. Expect disorder since so large.
–
read more.
end