Since 1987 when the Bank of England, Britain's central bank, started the London Bullion Market Association and started supervising London's gold and silver markets, gold and silver have stopped responding to monetary inflation by central banks.
I am not open in internet, use no fakebock et al and have no dumpfone - but today I was controlled in a way... CBDC cannot be worse. I have a point David, may I?
High taxes in Europe had made me look for a job abroad. That became my life. These days I am in the north of Southamerica...
My bank in Asia had put my account dormant as I have no housebill in my name. They need to know exactly WHERE I sleep, because the passport tells the country and the town I am in - not good enough! My rent contract - nope, my income - nope! It must be a bank paper, which tells my name and my address. Well, yes, that could work, but my actual country is sanctioned by my native country and the banks there cannot use my address or they must close my accounts. This has happened to me before and exactly for that reason I had once opened the account in Asia - just in case.
So after two years of being separated from my savings, an Asian soul had an idea. I filled out twelve forms and went to DHL to mail them. My girl gave me her cell number, because I would need one. (What for?)
The address is a huge bank, which is in her own tower. Like "Jensen Tower East".
1. I needed to give a person's name. It was not allowed to send to "Jensen bank". I added a "David" on the letter.
2. And his phone number? WHAT? I drove home to find a number and tried again. Now with phone number.
3. Email address? David's was added.
4. My email? Added. My phone number? I gave that of my partner.
5. My passport? Copy was taken and screened in.
6. Then he opened MY letter with a knife and checked the papers. (Are you xyz kidding me???)
7. Then he gave me a paper where I had to put both of my thumb prints on.
8. He took a photo of my face.
Then I paid sixty USD for that HUGE lesson in enslavement!
The libertarian in me was exploding, but I need that backup account usable and the post system here is bankrupt longtime.
My driver explained; not his fault - the program needs that info... The customs ordered that... No, I was unwilling to forgive or understand!
Three kilometers from here lies Simon Bolivar - the liberator of Southamerica - who had said: "Libertad o Muerte!" I have visited that place, where he must turn in his coffin. I am so angry with me!
I thought CBDC would not survive as people would start a rebellion...
The vaxxed do not rebell - the unvaxxed do. Normal people accept everything.
I could say: "I had no other possibility", which is a lame excuse. Truth is: I fell today for sending a letter!
I too, as an Englishman living in SEA these past 10 years, have experienced relatable banking experiences although at a minute scale compared to yours. Hopefully the Fiat Ponzi scheme will soon collapse - these criminals really do run the world currently!
We have lots of information about the structural problems in the precious metals markets . The weakness in the economy is frightening and getting worse. Governments everywhere are highly motivated to 'Inflate to infinity'. There are two major wars and a heavily contested US election. Yet the most powerful and informed financial institutions are reportedly increasing their short positions?
There is no reason to expect that ordinary people will ever be "Allowed" to get rich from holding precious metals! The "Game" doesn't work like that. I would council against greed or unreasonable expectations.
I agree David. But, so long as they serve the interests of Authority, there are always ways to void the game. Believe it or not, 'Gold" has always been a part of "The Game". It is just a more accountable part....Still waiting for a Audit?
I try to encourage people, that they should keep a reasonable part of they material lives outside of any game. Prepping is not the answer for everything. But, it is a risk-free and inexpensive insurance policy. I only ever buy stuff which would be consumed over time anyway. Being wealthy after "The event"/collapse, doesn't help if you don't survive?
David; I would caution gold investors to expect every dirty trick in the books. Our governments might resort to confiscation. They might not have to? They could suspend trading of gold/silver. They could cause a shrinkage in the money supply (Deflation) and even depression. They could block the gold Carry trade with Asia. As per the WEF, they could outlaw all personal property within Western Countries. The rest of the World would do nothing, except wait for our implosion. Mostly, only wealthy and powerful people are holding significant wealth outside the G7? For ordinary would be left with nothing and the every whim of the Elites would be covered by the Super State. They don't even need liquid personal wealth if they have no expenses.
seems to me the only way silver is released from the banking shorts is that silver finds itself in very short suppply . this may trigger an unwanted frenzy of activity in silver seeking.... otherwise the banks prolong the dupe
Off topic:
I am not open in internet, use no fakebock et al and have no dumpfone - but today I was controlled in a way... CBDC cannot be worse. I have a point David, may I?
High taxes in Europe had made me look for a job abroad. That became my life. These days I am in the north of Southamerica...
My bank in Asia had put my account dormant as I have no housebill in my name. They need to know exactly WHERE I sleep, because the passport tells the country and the town I am in - not good enough! My rent contract - nope, my income - nope! It must be a bank paper, which tells my name and my address. Well, yes, that could work, but my actual country is sanctioned by my native country and the banks there cannot use my address or they must close my accounts. This has happened to me before and exactly for that reason I had once opened the account in Asia - just in case.
So after two years of being separated from my savings, an Asian soul had an idea. I filled out twelve forms and went to DHL to mail them. My girl gave me her cell number, because I would need one. (What for?)
The address is a huge bank, which is in her own tower. Like "Jensen Tower East".
1. I needed to give a person's name. It was not allowed to send to "Jensen bank". I added a "David" on the letter.
2. And his phone number? WHAT? I drove home to find a number and tried again. Now with phone number.
3. Email address? David's was added.
4. My email? Added. My phone number? I gave that of my partner.
5. My passport? Copy was taken and screened in.
6. Then he opened MY letter with a knife and checked the papers. (Are you xyz kidding me???)
7. Then he gave me a paper where I had to put both of my thumb prints on.
8. He took a photo of my face.
Then I paid sixty USD for that HUGE lesson in enslavement!
The libertarian in me was exploding, but I need that backup account usable and the post system here is bankrupt longtime.
My driver explained; not his fault - the program needs that info... The customs ordered that... No, I was unwilling to forgive or understand!
Three kilometers from here lies Simon Bolivar - the liberator of Southamerica - who had said: "Libertad o Muerte!" I have visited that place, where he must turn in his coffin. I am so angry with me!
I thought CBDC would not survive as people would start a rebellion...
The vaxxed do not rebell - the unvaxxed do. Normal people accept everything.
I could say: "I had no other possibility", which is a lame excuse. Truth is: I fell today for sending a letter!
We all need another future, than this reality!!
I too, as an Englishman living in SEA these past 10 years, have experienced relatable banking experiences although at a minute scale compared to yours. Hopefully the Fiat Ponzi scheme will soon collapse - these criminals really do run the world currently!
Thanks LGWT and Mike.
A 'bank account' is a legal fiction.
Your deposits are loans to banks and your legal standing is unsecured creditor.
The banks directly hold ~ 1% cash for depositor accounts. They are levered to the gills.
What a great system.
This eerie silence is puzzling.
We have lots of information about the structural problems in the precious metals markets . The weakness in the economy is frightening and getting worse. Governments everywhere are highly motivated to 'Inflate to infinity'. There are two major wars and a heavily contested US election. Yet the most powerful and informed financial institutions are reportedly increasing their short positions?
There is no reason to expect that ordinary people will ever be "Allowed" to get rich from holding precious metals! The "Game" doesn't work like that. I would council against greed or unreasonable expectations.
Frauds always collapse. Lots of signs the endless paper rig is in distress.
I agree David. But, so long as they serve the interests of Authority, there are always ways to void the game. Believe it or not, 'Gold" has always been a part of "The Game". It is just a more accountable part....Still waiting for a Audit?
I try to encourage people, that they should keep a reasonable part of they material lives outside of any game. Prepping is not the answer for everything. But, it is a risk-free and inexpensive insurance policy. I only ever buy stuff which would be consumed over time anyway. Being wealthy after "The event"/collapse, doesn't help if you don't survive?
David; I would caution gold investors to expect every dirty trick in the books. Our governments might resort to confiscation. They might not have to? They could suspend trading of gold/silver. They could cause a shrinkage in the money supply (Deflation) and even depression. They could block the gold Carry trade with Asia. As per the WEF, they could outlaw all personal property within Western Countries. The rest of the World would do nothing, except wait for our implosion. Mostly, only wealthy and powerful people are holding significant wealth outside the G7? For ordinary would be left with nothing and the every whim of the Elites would be covered by the Super State. They don't even need liquid personal wealth if they have no expenses.
seems to me the only way silver is released from the banking shorts is that silver finds itself in very short suppply . this may trigger an unwanted frenzy of activity in silver seeking.... otherwise the banks prolong the dupe
physical shortage ends paper price setting by forcing supply/demand price discovery.
Fantastic piece of work. Thank you ✓
My pleasure Mike. Cheers.