At age 55 I am just trying my best to preserve my SIPP and savings from these evil governments and fraudulent financial institutions.
I can thank covid for waking me up in 2020, my finance decisions have taken a dramatic 180 degree U-turn over the last 4 years, and I continue to research, read and learn.
You sound just like me. Since retiring and the covidscam and much learning I can now say I broadly understand the fiat ponzi and the need to hold a significant portion in PMs.
I’m waiting for the banking shorts to turn on each other as it’s going be dog eat dog as they all try and unwind their short positions at once as the gold & silver paper games rips off their faces off. Rock beats paper. Get real physical assets that can’t be papered over like SLV or GLD. GL all
The process is underway. Uncle Sam never loses. The shorts have been in the process of being passed along for several years now. Price discovery is likely to occur when American Criminals have a stranglehold. And it's closer than it's ever been
BAC emerged out of nowhere to ride shotgun with JPM. Deutsche and Scotia were pushed out to make room. JPM is the largest holder of physical and are also the ETF Gatekeepers. London's influence lies more prominently in gold market. Tons of evidence of off- book swaps are taking place, providing some balance between the major Players. The minor Players are selling to Uncle Sam's Proxies and BAC's selling does not leave US shores. HSBC is feeding JPM like a Mofo. Deliveries provide the evidence. Shit's walking out the back door and going into deep storage. It's a strategic metal game, as few would argue that both metals are asserting themselves in a major way
When Bear Stearns blew up JPM inherited their massive silver short position. When silver started to take off it was smashed from 21 down to eight. Most would agree that was not a normal incident, as there was absolutely no legitimate news to justify such an event. SOMEONE naked shorted dozens of millions of ozs. JPM was bleeding. Over the next 24 months silver resumed its climb and JPM found itself massively underwater. The metals community was on Banker death watch, as word was that JPM was in danger of blowing up due to the massive increase in silver spot. Measures were taken (allegedly) to initiate an ungodly amount of selling, thereby creating two separate waterfall events which stopped the momentum and smashed the price much lower. Over the next several years JPM embarked upon a massive buying spree, accumulating what has become one of the, if not THE largest physical position known. Those who know silver understand that its a strategic, even National Security concern. Deficits have existed for a number of years and occasionally those obligated- to- deliver face challenges. Many believe BAC holds a very large short obligation. I do not agree. The only possible way to follow metal movement is thru the Issues & Stops report which gives only a sliver of an indication, as there are more commodities and securities involved in sales and movements. JPM has the physical and controls a massive pile of other Peoples' metal thru a number of ETF's and possibly IOU's. At some point a Failure To Deliver the physical metal will occur and my position is that it will not be BAC or JPM on the short end. They will be holding the metal and making the rules while others will be begging them for mercy and physical metal. I do believe the failure will first happen elsewhere. Remember the Nickel fiasco. Gold rules the World so I'd be paying attention to the failures occurring in that space.
Regarding silver? Locking up the silver that is moving thru the market has been underway for a decade. Locking up supply at the source is the other mission critical component. Guess who runs that show?
JP Morgan with their massive silver stack will be the last one standing. BOA’s head is on the ripping block. They may end up being the big main bag holders IMHO.
As you know Mr. Ditch has been tracking metal movements for quite some time. It's a tell that both BAC and JPM are high profile in these markets. Other participants take their marching orders from these two in recent months/years. Uncle Sam and The City are running this con.
The stacking is well underway and silver is undoubtedly a large consideration, regardless of any Green energy Initiative. It's simply going to be a strategic get as time moves along. Acquiring supply at the source has been secured by a select few and They will make their demands regarding price. Make no mistake...Uncle Sam will control this show.
I don't pretend to understand bonds or even currencies for that matter. However these traditions correlations (or inverse correlations) will matter little when metals make it to the forefront. And this process is well underway. Well done your DD BTW. Best
Pricing globally for silver and gold typically use the London benchmark. NY COMEX pricing appears to be secondary although some physical is secured in NY.
David i think the soon to be fall out economically will change the European Union and many nations will not be apart of the EU after the next financial crisis. We could we see a scenario where Britain who left the EU, ironically causes economic chaos across Europe and in the end reshape the EU and Europe.
Could you imagine how that will go down in France and Germany.
This is just an observation without assertion, but the EU flag reminds of the Black Sun symbol (German: Schwarze Sonne) of National Socialist Germany, a variation of the sun wheel (German: Sonnen Rad). The sun wheel or the Schwarze Sonne has 12 spokes while the 69-year-old symbol of the EU has 12 stars. Is this merely coincidence? There's more to it.
Historical or mythological comparisons influencing European culture:
Several examples are the 12 knights of the Round Table in Arthurian mythology, the 12 Aesir gods in Norse mythology, the 12 Olympic gods in Greek mythology, the 12 Tribes of Israel and the 12 disciples who followed Jesus.
Surrounding or following the aforesaid groups are contentious times filled with strife and wars leading eventually into tribulation and ultimately chaos until new orders, hierarchies, or kingdoms are established once again. Regardless, the sun wheel never stops turning for any of us at any time. It's only a matter of interpretation of its present position and to the nature of the newest version of order manifesting. It seems this world is near to crossing a spoke on the wheel.
Speaking of Bible eschatology, I lean more towards a preterist position. I also believe, preceding the late modern period of history, much has been altered, chronologically, geographically, conflating of events and historical figures, etc. Research the validity of chronicler, Joseph Justus Scaliger and his Jesuit student, Dionysius Petavius, in that regard. They are the sole source upon which all historical chronology is erroneously based and accepted by modern academia. Also look into old-world buildings and the so-called global mud flood.
That being said, referring to the New Testament, I believe Jesus, the Gospel and Epistle writers when speaking of things yet to come literally meant within their generation, even "The Great Tribulation", culminating with the destruction of Herod's Temple in 70 A.D., subsequently establishing the prophetic Millennial Kingdom. There was the original Temple built by Solomon; then came the 2nd humbler Temple rebuilt by Zerubbabel after the seventy years of Judah’s captivity in Babylon. But today's Bible "experts" are entirely oblivious to the Temple which Herod begun building circa 20 B.C., after tearing down Zerubbabel’s Temple to, and including, its foundations (Josephus’ Antiq. 15:11:3). See further: Josephus (principally Antiq. XV.xii; War V.v), and the Mishna tractate Middoth.
Today's Biblical and prophecy "experts" would have you believe we are all waiting on the rebuilding of the Third Temple at Jerusalem, when if fact, it already happened. In addition, there is no prophecy for building a 3rd temple recorded anywhere in the Bible. The OT prophets only spoke of rebuilding the 2nd one, and Christ spoke of the destruction of the last one, Herod's, incidentally the 3rd one.
I made the preceding points to support my preterist view, and show we are currently in the wrong timeline, biblically speaking as to eschatology. If we hold the Bible to be true, I surmise that we are in the "Little Season" of Revelation chapter 20 (Rev 20:3 And cast him into the bottomless pit, and shut him up, and set a seal upon him, that he should deceive the nations no more, till the thousand years should be fulfilled: and after that he must be loosed a little season.) Holding to this view, it would make sense as to the present utter deception in our world, for as stated: Rev 20:7 And when the thousand years are expired, Satan shall be loosed out of his prison. Rev 20:8 And shall go out to deceive the nations which are in the four quarters of the earth, Gog and Magog, to gather them together to battle: the number of whom is as the sand of the sea.
Additional support as to the nature of the real 3rd temple:
John 2:20: “Then said the Judeans (From Strongs Concordance: G2453 Ἰουδαῖος > Ioudaios, from G2448 (in the sense of G2455 as a country); udaean, that is, belonging to Jehudah [the original Tribe of Judah, not modern Jews]), Forty and six years was this temple in building, and wilt thou rear it up in three days?”
Therefore, the 4th (or true 3rd) Temple was torn down 2,000 years ago (Christ's physical body), and was rebuilt (resurrected) in three days (John 2:21-22):
“21 But he spake of the temple of his body. 22 When therefore he was risen from the dead, his disciples remembered that he had said this unto them; and they believed the scripture, and the word which Jesus had said.”
Most Bible readers, or even scholars, don’t understand that Yahshua/Jesus Christ was the true 3rd, and final Temple, of whom countless European descendants, spread abroad, of true Israelites are a part! Not only is Yahshua Christ the true 3rd Temple, but we through Abraham, Issac and Jacob, share in that 3rd Temple with Him, 2 Cor. 6:16-18: “16 And what agreement hath the temple of Yahweh with idols? for ye are the temple of the living Almighty; as Yahweh hath said, I will dwell in them and walk in them; and I will be their Almighty, and they shall be my people. 17 Wherefore come out from among them [non-Israelite and unrelated peoples], and be ye separate, saith Yahweh, and touch no unclean thing [non-Israelites and unrelated peoples]; and I will receive you, 18 And will be a Father unto you, and ye shall be my sons and daughters, saith Yahweh Almighty.” (These last verses provide clarity as to it being the enemies of God behind the relentless immigration into Europe and European descended nations, forcing integration and diversity upon us, aided by such NGOs as HIAS (The Hebrew Immigration Aid Society), with DHS Secretary Mayorkas on the HIAS board).
I love reading your stacks!
At age 55 I am just trying my best to preserve my SIPP and savings from these evil governments and fraudulent financial institutions.
I can thank covid for waking me up in 2020, my finance decisions have taken a dramatic 180 degree U-turn over the last 4 years, and I continue to research, read and learn.
It may just save my ££, and even my life!
Great to hear that you enjoy the Substack Nathan - thanks!
You sound just like me. Since retiring and the covidscam and much learning I can now say I broadly understand the fiat ponzi and the need to hold a significant portion in PMs.
Good article David. I can't wait for the next chapter 🤭
Thanks Mitch!
Keep stacking!
Every gram you PHYSICALLY possess is one less gram they can rehypothecate.
However, I don't think these lying parasites have anything close to what they SAY they do.
I’m waiting for the banking shorts to turn on each other as it’s going be dog eat dog as they all try and unwind their short positions at once as the gold & silver paper games rips off their faces off. Rock beats paper. Get real physical assets that can’t be papered over like SLV or GLD. GL all
Any guesses as to who will be the vicious rottweiler that rips the other poodles apart and emerges as top dog? This could unravel at some speed 🙈
The process is underway. Uncle Sam never loses. The shorts have been in the process of being passed along for several years now. Price discovery is likely to occur when American Criminals have a stranglehold. And it's closer than it's ever been
Please provide evidence.
BAC emerged out of nowhere to ride shotgun with JPM. Deutsche and Scotia were pushed out to make room. JPM is the largest holder of physical and are also the ETF Gatekeepers. London's influence lies more prominently in gold market. Tons of evidence of off- book swaps are taking place, providing some balance between the major Players. The minor Players are selling to Uncle Sam's Proxies and BAC's selling does not leave US shores. HSBC is feeding JPM like a Mofo. Deliveries provide the evidence. Shit's walking out the back door and going into deep storage. It's a strategic metal game, as few would argue that both metals are asserting themselves in a major way
We are about to see just how important that the London physical silver market is.
what process is underway??
When Bear Stearns blew up JPM inherited their massive silver short position. When silver started to take off it was smashed from 21 down to eight. Most would agree that was not a normal incident, as there was absolutely no legitimate news to justify such an event. SOMEONE naked shorted dozens of millions of ozs. JPM was bleeding. Over the next 24 months silver resumed its climb and JPM found itself massively underwater. The metals community was on Banker death watch, as word was that JPM was in danger of blowing up due to the massive increase in silver spot. Measures were taken (allegedly) to initiate an ungodly amount of selling, thereby creating two separate waterfall events which stopped the momentum and smashed the price much lower. Over the next several years JPM embarked upon a massive buying spree, accumulating what has become one of the, if not THE largest physical position known. Those who know silver understand that its a strategic, even National Security concern. Deficits have existed for a number of years and occasionally those obligated- to- deliver face challenges. Many believe BAC holds a very large short obligation. I do not agree. The only possible way to follow metal movement is thru the Issues & Stops report which gives only a sliver of an indication, as there are more commodities and securities involved in sales and movements. JPM has the physical and controls a massive pile of other Peoples' metal thru a number of ETF's and possibly IOU's. At some point a Failure To Deliver the physical metal will occur and my position is that it will not be BAC or JPM on the short end. They will be holding the metal and making the rules while others will be begging them for mercy and physical metal. I do believe the failure will first happen elsewhere. Remember the Nickel fiasco. Gold rules the World so I'd be paying attention to the failures occurring in that space.
Regarding silver? Locking up the silver that is moving thru the market has been underway for a decade. Locking up supply at the source is the other mission critical component. Guess who runs that show?
JPM holds vaulted silver for clients.
COMEX is a secondary market.
JP Morgan with their massive silver stack will be the last one standing. BOA’s head is on the ripping block. They may end up being the big main bag holders IMHO.
JPM holds silver for clients.
JPM is The Client, Friend
I can't believe that they are not entwined in all this somehow. It's almost in their DNA, allegedly 🤔
As you know Mr. Ditch has been tracking metal movements for quite some time. It's a tell that both BAC and JPM are high profile in these markets. Other participants take their marching orders from these two in recent months/years. Uncle Sam and The City are running this con.
The stacking is well underway and silver is undoubtedly a large consideration, regardless of any Green energy Initiative. It's simply going to be a strategic get as time moves along. Acquiring supply at the source has been secured by a select few and They will make their demands regarding price. Make no mistake...Uncle Sam will control this show.
I don't pretend to understand bonds or even currencies for that matter. However these traditions correlations (or inverse correlations) will matter little when metals make it to the forefront. And this process is well underway. Well done your DD BTW. Best
Pricing globally for silver and gold typically use the London benchmark. NY COMEX pricing appears to be secondary although some physical is secured in NY.
David i think the soon to be fall out economically will change the European Union and many nations will not be apart of the EU after the next financial crisis. We could we see a scenario where Britain who left the EU, ironically causes economic chaos across Europe and in the end reshape the EU and Europe.
Could you imagine how that will go down in France and Germany.
Chaotic times.
The Globalists have created chaos that they think they can use to their advantage.
This is just an observation without assertion, but the EU flag reminds of the Black Sun symbol (German: Schwarze Sonne) of National Socialist Germany, a variation of the sun wheel (German: Sonnen Rad). The sun wheel or the Schwarze Sonne has 12 spokes while the 69-year-old symbol of the EU has 12 stars. Is this merely coincidence? There's more to it.
Historical or mythological comparisons influencing European culture:
Several examples are the 12 knights of the Round Table in Arthurian mythology, the 12 Aesir gods in Norse mythology, the 12 Olympic gods in Greek mythology, the 12 Tribes of Israel and the 12 disciples who followed Jesus.
Surrounding or following the aforesaid groups are contentious times filled with strife and wars leading eventually into tribulation and ultimately chaos until new orders, hierarchies, or kingdoms are established once again. Regardless, the sun wheel never stops turning for any of us at any time. It's only a matter of interpretation of its present position and to the nature of the newest version of order manifesting. It seems this world is near to crossing a spoke on the wheel.
The bible talks about a ten nation power state to be formed.
Speaking of Bible eschatology, I lean more towards a preterist position. I also believe, preceding the late modern period of history, much has been altered, chronologically, geographically, conflating of events and historical figures, etc. Research the validity of chronicler, Joseph Justus Scaliger and his Jesuit student, Dionysius Petavius, in that regard. They are the sole source upon which all historical chronology is erroneously based and accepted by modern academia. Also look into old-world buildings and the so-called global mud flood.
That being said, referring to the New Testament, I believe Jesus, the Gospel and Epistle writers when speaking of things yet to come literally meant within their generation, even "The Great Tribulation", culminating with the destruction of Herod's Temple in 70 A.D., subsequently establishing the prophetic Millennial Kingdom. There was the original Temple built by Solomon; then came the 2nd humbler Temple rebuilt by Zerubbabel after the seventy years of Judah’s captivity in Babylon. But today's Bible "experts" are entirely oblivious to the Temple which Herod begun building circa 20 B.C., after tearing down Zerubbabel’s Temple to, and including, its foundations (Josephus’ Antiq. 15:11:3). See further: Josephus (principally Antiq. XV.xii; War V.v), and the Mishna tractate Middoth.
Today's Biblical and prophecy "experts" would have you believe we are all waiting on the rebuilding of the Third Temple at Jerusalem, when if fact, it already happened. In addition, there is no prophecy for building a 3rd temple recorded anywhere in the Bible. The OT prophets only spoke of rebuilding the 2nd one, and Christ spoke of the destruction of the last one, Herod's, incidentally the 3rd one.
I made the preceding points to support my preterist view, and show we are currently in the wrong timeline, biblically speaking as to eschatology. If we hold the Bible to be true, I surmise that we are in the "Little Season" of Revelation chapter 20 (Rev 20:3 And cast him into the bottomless pit, and shut him up, and set a seal upon him, that he should deceive the nations no more, till the thousand years should be fulfilled: and after that he must be loosed a little season.) Holding to this view, it would make sense as to the present utter deception in our world, for as stated: Rev 20:7 And when the thousand years are expired, Satan shall be loosed out of his prison. Rev 20:8 And shall go out to deceive the nations which are in the four quarters of the earth, Gog and Magog, to gather them together to battle: the number of whom is as the sand of the sea.
Additional support as to the nature of the real 3rd temple:
John 2:20: “Then said the Judeans (From Strongs Concordance: G2453 Ἰουδαῖος > Ioudaios, from G2448 (in the sense of G2455 as a country); udaean, that is, belonging to Jehudah [the original Tribe of Judah, not modern Jews]), Forty and six years was this temple in building, and wilt thou rear it up in three days?”
Therefore, the 4th (or true 3rd) Temple was torn down 2,000 years ago (Christ's physical body), and was rebuilt (resurrected) in three days (John 2:21-22):
“21 But he spake of the temple of his body. 22 When therefore he was risen from the dead, his disciples remembered that he had said this unto them; and they believed the scripture, and the word which Jesus had said.”
Most Bible readers, or even scholars, don’t understand that Yahshua/Jesus Christ was the true 3rd, and final Temple, of whom countless European descendants, spread abroad, of true Israelites are a part! Not only is Yahshua Christ the true 3rd Temple, but we through Abraham, Issac and Jacob, share in that 3rd Temple with Him, 2 Cor. 6:16-18: “16 And what agreement hath the temple of Yahweh with idols? for ye are the temple of the living Almighty; as Yahweh hath said, I will dwell in them and walk in them; and I will be their Almighty, and they shall be my people. 17 Wherefore come out from among them [non-Israelite and unrelated peoples], and be ye separate, saith Yahweh, and touch no unclean thing [non-Israelites and unrelated peoples]; and I will receive you, 18 And will be a Father unto you, and ye shall be my sons and daughters, saith Yahweh Almighty.” (These last verses provide clarity as to it being the enemies of God behind the relentless immigration into Europe and European descended nations, forcing integration and diversity upon us, aided by such NGOs as HIAS (The Hebrew Immigration Aid Society), with DHS Secretary Mayorkas on the HIAS board).
I agree!!!