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cweinert21's avatar

Goddamn, I wish Teddy Butler & Rob Kirby were around to see this!!!

So many unsung heroes in the war for fair value!!!

Truly blessed to know you all, & honored to meet many more!

Just wanted to express my gratitude, DJ!

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David Jensen's avatar

My pleasure - thank you CW.

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Simon Gedye's avatar

Agree with you 100% per ' Ted ' & ' Rob ' ...and you can add ' Jim Sinclair - Mr Gold ' along with ' Adrian Douglas ' for good measure . One has to hope that these 4 x great mind's are actually seeing this and have been helping it all along " From beyond the Veil " - so to speak

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cweinert21's avatar

Amen, brother

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The Contrarian Capitalist's avatar

The fact that someone commented that ‘’Gold is Heavy’’ and that they are from the Bank of England is utterly mind blowing (and not in a good way)

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Simon Gedye's avatar

A 1st Class example of a prime ' Bunch Of Wankers ' who were all educated within the Keynesian Fuckwhit Deprtment of economics at the ' University of Bollocks for Brains ' from whence they all graduated with first class honours degree's in ....' STUPID '

Apart from this -did you hee how disheveled & shitty lookinjg the alleged ' Deputy Governor ' was and his appaling nasty coloured suit & tie .....more ' Top Shop ' or ' Tesco Home & Wear ' than Jermyn Street & Saville Row . ' IF ' I'd been the lorry or forklift driver who supposedly impeded him getting into his office , then I'd have done us all a favour and flattened him - or better still tried to take out Andrew Bailey also - as he slithered in from his tax payer funded Limo ....I'd have tried to film it as well ..!!

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David Jensen's avatar

People are getting angry and my concern is that it will be explosive when the bodies start to pile up.

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The Contrarian Capitalist's avatar

It is all setting up to potentially be cataclysmic for society in general

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Mitch's avatar

Sorry David, forgot to say, great bit of sleuthing, by the way👍

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David Jensen's avatar

Thank you Mitch - let's see how this develops. Am expecting waves of buying, lulls, then bang.

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WeHeadForDesArtster's avatar

Fascinating. Watching some guy, (Bailey's second in command) say "you have to remember gold is heavy" 🤦 🤡

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Peter Jackson's avatar

A clown show at best.

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Simon Gedye's avatar

PETER - If you're a UK citizen / subject ( SERF ) like me , then keep in find that we're all being fleeced via existing and up-coming tax hikes to pay the salary's / expenses /

pensions and god kniows what else that this bunch of witless turds have foisted on them whilst they take the rest of us and this country straight down ' The Gurgler ' at high speed . " A POX ON ALL THEIR HOUSES " ( with brass knobs on ) .

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Mitch's avatar

Yep, they really don't care about us. They just say any old sh1te to give the pressers something to print in the rags

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Simon Gedye's avatar

As always - same old / same old Cobblers

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Simon Gedye's avatar

The Real Thing - YES , but not all of those paper contracts , digits on screens and derivatives they've all been shuffling between each other for decades ..etc . I rather thing that this numb nuts in making that crass comment needed a 400 Oz good delivery bar mashed into the back of his skul in order to wake up and fully realise what a ' Prize Prawn ' he and the other Pillocks who visit the B Of E kindergarten on a daily basis - truly are .

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Intrepid Philosopher's avatar

Now THIS is getting interesting.

We're close to an Oh My moment as my momma used to say. She stacked from the early '60s to her dying day last March at 98 yo.. She got her starter stack from my grandmamma who lived in NYC all thru the depression into retirement and had more than a handful of gold dollars, given to her by her daddy, also of NYC.

As the g9vernment called in the gold, and then debased the coinage, they stacked. All this time they was stacking, knowing it made no sense what the gumint was doing and it would end in tears for the common man, ripped off by fractional reserve ponzi and inlati9n.

You wait and see. We'll be buying entire subdivisions for a handful of silver, cause no one will have enough money, only worthless paper currency, like overseas in 1923.

Buy silver with paper while you still can!

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David Jensen's avatar

Anyone who has been through the Great Depression does not trust banks. So many stories of people who kept their savings out of banks.

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Simon Gedye's avatar

Trouble is that whilst we're all well and truly awake - try shaking any numnber of friends and family from their slumber to tell them about sound and legal ' Money '

and you'll eirther be laughed at or brackted as a tin foil hat wearing conspiracy theorist for your troubles ....Yes ..?? . Sadly these people will most likley never wake up or if they do it will be just as the express is leaving the station at " Full Chat " .

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Intrepid Philosopher's avatar

Thanks for your kind comment below Simon.

As to this one, yes, you can lead a horse to water... Just last night I wrote an email to a dear friend in the area who's got a good fiat nest egg. Trying with links to charts and supporting info, to help her see the forest for the trees so to speak. She is one to look to "the professionals" for investment advice. I have been reminding her for a couple years now about the facts of the fiat matter, so expertly run by The Fed and the banksters at large.

We all know there is no shortage of great charts and snippets from sharp folks like David here about the issues to support our presentation of common sense. But alas, there are so many that have not awakened from The Matrix yet. The Matrix that TPTB so expertly stood up in 1913, and escalated in the late '50s & '60s which is "Gold isn't money, credit is money, and the US dollar is the best money around." I keep hoping one day I will find that one SILVER BULLET that will allow us to help others "see the light", right?

It's just so frustratingly unfortunate that people get their blinders on, and don't realize they are slowly but surely following the herd into the weeds. Reminds me of my favorite Mark Twain quote:

"It is easier to fool people than to convince them that they have been fooled."

-MARK TWAIN

Good to chat with you again Simon, thanks!

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Simon Gedye's avatar

Hello Again Curt - Can only but imaginethat your friend with the good fiat nest egg whom you've attempted to lead in the right direction is potentially amongst those who've gladly had multiple jabs & boosters , thinks chemtrails are just jet exhaust vapour and that such as HAARP and DEW's don't exist in real life and are simply fiction;s that only came along with Captain Kirk and Star Trek ..etc . Many more than this - but you get the idea.

I think there are any number of us who have tried to save others from the upcoming evisceration of the Global Fiat Financial system and been effectively mocked and given the finger ........and even more so in the case of

trying to prevent friends and loved ones from taking mulrtiple Jibber Jabbers

It's a thankless task trying to save people from themselves and of course from ' The System ' but we've got to keep trying no matter how many brick bats get thrown our way for our efforts

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Intrepid Philosopher's avatar

David, guess not much has changed... lol

Who would have ever guessed the real financial "master criminals" are the ones who are trusted the most by the sheep being lead to slaughter in a few short weeks or months.

BTW David, I took your previous remarks about metals in hand vs. options like Kinesis and have made positive changes, thank you.

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Simon Gedye's avatar

Curt - Your ' Momma ' was clearly a refined , cultured and very sweet lady who abhorred bad language but was possibly guilty of a degree of understatement ...?? . Given the nature and extent of the cataclysmic level of events and destruction that awaits us just over the hill , I rather think that a humungeous amount of cursing , swearing and wailing will soon ensue . Clearly if your ' Momma ' is still with us - best she covers her ears for fear of offence .

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Phil's avatar

Thanks David, this is al very interesting. It seems like the BOE and City of London is chock full of fractional Ponzi schemes. I'm new into the world of goal having only purchased my first Britainia in September but it seems like a great time to be in, just wished I had time to stack a bit more.

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Intrepid Philosopher's avatar

Slow and steady wins the race.

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David Jensen's avatar

Most of the time.

Not always.

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Simon Gedye's avatar

YES ...but think we're now some way on from the " Slow " bit and that as of now we're fully and soon to be violently antering the turbo-charged " Pedal to the Metal " phase

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David Jensen's avatar

Rotted planks snap with no warning.

The City of London market is a rotted plank.

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Simon Gedye's avatar

Well put , never heard that line before ....noting it down now .

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WeHeadForDesArtster's avatar

In the immortal words of Bruce Willis "Welcome to the party pal!" Stack on!

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Mitch's avatar

You have time. The bull market has only just started. Jump on aboard

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Simon Gedye's avatar

Not Often ' BUT I disagree with you here Mitch - the problem here and as so oft quoted by ' Jim Rickards ' is that you afford to be weeks / months / even years early in accumulating Gold & Silver but you can't afford to be a minute too late , and as you'll see all over your local Lidl's when you next want an Angle Grinder or a portable cement mixer - the legend that is " When it's Gone it's gone " is everywhere

Frankly the level of global debt coupled witgh the supply side deficit in both metals means that this isn't some commen or garden ' Bull Markets ' but the ' Mother ' of all ' Bull Markets which could turn vilently at almost any moment - don't think anyone can afford ( if they've got any sense ) to get caught out by putting off the purchase of any metals they can afford to buy today in the hope that it'll be chweaper over time .

This would in essense be case of " Picking up penny's in from of a Steam Roller writ large .

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Simon Gedye's avatar

Yes - fair enough but pray tell where there's any Global Financial or Political Centre that isn't likewise - " Chock Full Of Fractional Ponzi Schemes " - this is how it's worked everywhere for decade's if not 100's of years - just more " In Ya Face " these days . It's always been a Sam and a ' Ponzi Scheme ' . long overdue time to ' Jump Ship '

I don't know how many Gold Or Silver ' Britannia's ' you've bought since your initial purchase back in September ' BUT ' strongly suggest ( if possible ) that you empty your bak accounts of any spare cash , get out of stocks & bonds - and put it all into Physical ( Coin Of the Realm ) as matter of urgency . Ifyou don't set about this in short order prices of Gold and Silverwill Rocket skywards and become .....' UNOBTANIUM ' ( get it while you can & soon )

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Mitch's avatar

Well, well, well. So 400m oz (12,441 tonnes) in stock and yet 151 tonnes or 5.8m oz gets removed and it's a problem? Explain that one to us

Mr Bailey or perhaps you are too distracted by the news coming out of China. Hmm, leave it with ya for now

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David Jensen's avatar

280M oz in stock.

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cweinert21's avatar

Emminence fronts...

Like the "show" vault in NYC before 9/11?

JP, Citi, Goldman, NYFed were all connected with a freight rail to transport their show stack to account holders as "proof" of custody & volume.

Or using 9/11 as their excuse to delay the return of custody of Germany's vaulted gold from ww2, then framing DSKahn with charges of assault, for telling mofos about that lame excuse for technical default. They said in 2013, it would take over a decade to return Germany's gold when Kahn demanded delivery on it ...

Nope, nothing to see, here.

Move along to the next crisis.

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Simon Gedye's avatar

This always has stunk to high heaven ( move along - nothing to see hear ) ..etc .

As for the German's accepting being told that they couldn't even visit and record the nimbers of their bars in storage ....and then that they might get some of their stash back over a number of years ..- WHERE's FIELD MARSHALL ROMMEL AND HIS LEGENDARY ' AFRIKA KORPS ' WHEN YOU MOST NEED THEM - don't imagine he's have taken ' No ' for an answer after knocking on thde door + hasving a Panzer's tank barrel up one's arse might have helped gain entry

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Simon Gedye's avatar

OH REALLY .........PROVE IT ........!!

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David Jensen's avatar

OK. 280M alleged to be vaulted.

Chuckle.

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Mitch's avatar

Oops, my mistake

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David Jensen's avatar

No biggee.

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Simon Gedye's avatar

You're potentially labouring on the false assumption that ' Bailey ' and his mob can count ..??

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David Jensen's avatar

Something about it is so slow because their metric abacus can't count 400 troy oz. bars.

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Mitch's avatar

Aye, he kind off just showed his hand when he just seems to have realised that an increase of 500k public sector workers "had not been matched by a rise in productivity.” Really, who ever would have thought that? Oh yeah, he did🤣🤦🏻‍♂️🤦🏻‍♂️

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Mitch's avatar

🤣🤣 How very true Simon 👍

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WeHeadForDesArtster's avatar

Ladies and Gentlemen, it appears the Emperor has no clothes!😬

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David Jensen's avatar

And ain't lookin good.

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paulp's avatar

Was this news released AFTER the market in gold and silver closed on Friday?

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David Jensen's avatar

Before.

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WeHeadForDesArtster's avatar

Of course they don't care, only a small, the tiniest fraction of people are into sound money. Most people think that Fiat is money. 😬

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Simon Gedye's avatar

NO .....Most people think that ' FIAT ' are a make iof cars fgrom Italy ..!!

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WeHeadForDesArtster's avatar

https://youtu.be/J1_EQ8dkD7I?si=gLfFM7RnfAiLV6UR

Parralel Mike. Would love to see him and David in a podcast. Epic.

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Simon Gedye's avatar

AGREE

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Dimitri's avatar

On the lower graph, the BOE holdings (estimated known) is 5600 tons of gold. I wonder if those belong to BOE or a consortium of players.

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cweinert21's avatar

Probably all of the above

I have heard rumor of 412 to 1 paper to physical ratio in silver.

132 to 1 in gold.

David, have you heard of similar numbers?

I'd love to hear your take on this.

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David Jensen's avatar

Exact numbers are tough. We can only scale.

Your numbers would not surprise me.

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Simon Gedye's avatar

As Mitch has noted .....absoloutley sure we're up in the 100 / 120 - 1 for Gold and vastly more in Silver . Time will tell

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Dimitri's avatar

Those numbers seem large, I was thinking 20 to 1 for gold, at least prior to November 5.

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Mitch's avatar

Numbers are in the hundreds to 1

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Simon Gedye's avatar

Dimitri - NO , you're way off here , Gold is 100 - 120 - 1 ++ with Silver being multiples of that .

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Dimitri's avatar

Youre right! I'm seeing those numbers quoted in other sources.

That's irrevocably leveraged

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Ian's avatar
Feb 8Edited

the old lady of needle st is in trouble , the DERIVATIVE pills are no longer working

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