Rob Kirby: Dark Dollars Propping Up Failing System. Silver The Most Underpriced Asset on the Planet
[youtube=https://www.youtube.com/watch?v=YJosBuIfqWI]
- Rob Kirby: Dark Dollars Propping Up Failing System. Silver The Most Underpriced Asset on the Planet
by Greg Hunterâs USAWatchdog.comÂ
Forensic macroeconomic analyst Rob Kirby says few people have any idea how many âdark dollarsâ are out there. Kirby explains, âWhen you start talking about how many dollars there are in the world, nobody really knows. I would suggest to you the real quantity of dollars in the world is much greater than anyone imagines. A lot of these dollars are âdark,â and they are held in the bowels of institutions like the Exchange Stabilization Fund (ESF). So, the world may be cruising along thinking the total number of dollars in the world is âX,â but the true amount in the world, if you count the dark ones, might be three or four times âXâ. This really means the money supply is much bigger than anyone understands or believes.â Kirby contends that the so-called âdark dollarsâ are being used to prop up the Treasury bond market. The ESF simply buys the debt and essentially hides it.
–
Then there is the price rigging in the gold and silver markets. Kirby says, âTo sell a Bitcoin, you must possess a Bitcoin. If you have one Bitcoin, you cannot sell 500 of them. Thatâs plain and simple. This goes for JP Morgan or Citi Bank or Goldman Sachs, they can only sell Bitcoin that they own. In the gold market, they can sell all the gold they want.  They can sell gold that doesnât exist and will never be mined.â Kirby points out this is how the big banks suppress the price of gold and silver.
–
Kirby contends the U.S. dollar is a âriggedâ game. Is it about to be knocked out by blockchain technology? Kirby says, âAbsolutely. What the cryptos offer that the dollar doesnât is decentralization. Itâs the centralized U.S. fiat dollar and the dollar standard that requires everybody in the world, who wants to buy commodities in international markets, must first purchase U.S. dollars. Crypto currencies bypass the dollar and allow for transmission of ownership in a very rapid, cost effective manner. They bypass the dollar completely. What this really means is with the uptake and accelerated use of cryptos, countries will require less and less dollars in their reserve accounts to purchase the goods they want and need in the international marketplace. What happens when people donât need dollars anymore? The dollars return home. They come back to America . . . which ultimately means inflation will come to America.â
–
read more.
end