In case there was ever any doubt in your mind about the manipulation of the price of gold, this excellent article explains it all. Remember double-digit interest rates in the 80’s? Coming soon to a western economy near you…
More plandemics and mass deaths by vaxx and Midlozapam & co., too.
When the debts become unpayable, what do you do? Get rid of the creditors, of course! They already started down that path by making all of the cash in our bank accounts property of the banks - effectively, reverse callable loans. But why stop there? If the sheeple’s food supply was actually mass confiscated (called by the banks), the sheeple would panic and start asking questions. A hard preemptive culling would reduce herd size and further fragment the herd with few among them able to make the connection between the sudden appearance of widespread deadly (fake) disease and the real issue: currency and banking collapse, and transition to the electronic prison. Even fewer would be able to band together to make a stand against the war on all of humanity.
Even better, if the widespread death comes in the aftermath of the plandemic, as surges of “sudden death of unknown causes” and turbo cancers and so on, the deception hiding the currency issues will be even thicker and the financial reality even more difficult for the sheeple to detect. A perfect win for the big guys, yes?
Precisely So - and the hammer will be droppinmg big time far sooner than the masses ( excluding any members of this metal's focussed community ) will be able to recognizse . Then , if you're sleep walking into Oblivion you''ll prtetty much be completely blind-sided until you've slammed into the rocks at the bottom of the ravine .
Right Over the Target - deadly accurate appraisal of TPTB's efforts to drive the herd
( Sheeple - especially we ' Baby Boomers ' ) onto the mass ranks of cattle trucks sat waiting to transport us to a modern day Auschwitz per all of the FEMA camps and similar that have been set up globally ( and which our taz's have paid for ) .
I can remember some years ago a US Government statistic that from that point
on early - mid 2000's that on average some 10,000 U.S. baby boomers would be retiring weekly ( I think ...?? ) and expecting to pick up their pension cheques .
Alarm bells immediatley started ringing loud and clear for me that this was essentially a clear impossibility ......Look what's happened over the intervening years and the situation we're all facing as of today . I'm from the UK - and the self same situation exists here and across Europe , as it does in the USA .
When the British GILT yield on the 10yr bond settles above 5% to form a new base of support, watch for the implosion of the LBMA as the default ratio on the confetti contracts goes from technical to full on, "you are not going to receive your gold & silver so sue us".
Useful also, is to keep an eye on the Straights of Hormuz if the west gets any more frisky with Iran. All they need do is close the channel to oil shipments for about a week or two and you can watch all the $1.3 Trillion in derivatives contracts go pear shaped all at once, which will take down the manipulators in fast fashion.
Who can forget those dastardly Russians and Iranians.
Everything we don't like happening in the world is obviously their fault!!
I think everyone that sits in those buildings at the BoE and BIS should be prosecuted for fraud and their assets seized for reparations for all the destruction they have caused on this planet for decades. In the case of the BoE, centuries.
Right over the target once more ....you're on a bit of a roll right now .
Don't know about these scum-bags being " prosecuted " - I'm more of the -
Lets dig miles and miles of pits , stand trhem all along the sides and machine gun the whole lot into them ....Job Done . We all know these ratbags are guilty as hell so why waste more time and money giving them their day in court when the verdict is for sure a foregon conclusion .
Spot on and well put - 10 Yr Gilt at 5% or over must be unstoppable with it only being a relatively short time before this adds gallons and gallns of fuel to the fire .
As regards the ' Strait Of Hormuz ' - I can assure / gurentee you ( I know this 100% ) that the Iranians saw this escalation coming years ( not month's ) ago and everything has long been in place to completely block this waterway bigtime - should some crazy arsehole in the Beltway / Pentagon / Whitehall commit the ultimate act of stupidity ....Hara-Kiri.
Think you're a bit adrift on the $ 1.8 x Trillion you've put on derivative's contracts as
the most recent tally from various top drawer analysts comes to ....2.5 - 3 x QUADRILLION
The crypto and the CBDC stuff is just another deception. Crypto was intentionally designed as a speculative asset with the promise of digital gold... it's a damn lie! It's another dollar derivative.
Smart. I never trusted crypto, but know a few friends who got in and out like you. Problem is they don't know what real money is, and kept the gains in fiat, or worse yet bought Mcmansions on dead end cul-de-sacs.
They the world government's and central bankers are trapped and have been for a long time and we have been on the path of a slow burn of destruction that get's more severe each month. Its either crash asset bubbles in real estate and stocks or destroy the currency, so far in Australia it has been to protect the housing bubble at all costs over the currency. In choosing disgrace over honour they are now gonna take it all down.
One of your best articles David!! The warning system analogy with the gold price is perfect for what we see today.
Wholeheatedly agree with ' OHB ' - this is for sure one of the very best from a series of superb and peerless articles . You should justifiably feel immensley proud of yourself .....Chocolate Medal's all round .
I suppose that one of the things that must be most troubling for you David - is how you're goingto fill your days when the Ordure Finally slams into the Fan Blades and everything you've been saying comes true in spades ..??
Agreed, although in the US we get to blow bubbles and print money, then export the inflation to spread it around. I have watched in wonder for 25 years, as the bubbles pop, only to be replaced by another, bigger bubble in another asset class. Now the Fed has blown a SOVEREIGN DEBT BUBBLE that will most likely explode with such vengence, it blows everything off the table and financial life as we know it ends.
As to Davids article FANTASTIC! I've been waiting for a succinct overview of the facts surrounding the decades of suppression of PMs, and the purposeful disconnection of the alarm system I can share with others. And the charts, oooohh the charts....
The only missing piece here is the socio ecomomic brainwashing by TPTB since the 1970s, covering the same time periods, that convinced two, now three generations of western citizens that gold was a useless pet rock, and the dollar is money, not simply an unbacked currency.
This last item to my mind is as much a crime as what David has outlined, as it speaks to a coordinated effort on a massive scale to decieve hundreds of millions of citizens over significant time scales that something very important (gold and silver) simply doesn't matter. This, when in fact it should be the foundation, the first thing in anyone's savings.
This was of course only possible using the fusion of governmental agency, with coordinated corporate propaganda. Think CIA in newsrooms across America which started in the 1960s, and is the very definition of Fascism.
Try this on for size:
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the state can shield the people from the political, economic and/or military consequences of the lie.
It thus becomes vitally important for the state to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the state.”
— Joseph Goebbels, Hitler’s chief of Nazi propaganda
Thus entire populations in western industrial civilizations have no clue how to prepare for what's next, as they don't understand what money even is. Add to this, as Simon and many of us here have lamented, we cannot explain, convince or cajole those we love and care about what must be done for protection. They simply don't have the educational underpinnings to understand TRUTH and accept the correct answers.
Now add my favorite Twain quote:
"It is easier to fool people than to convince them that they have been fooled."
-MARK TWAIN
Dont think the banksters aren't long thier own book for PMs. They know truth, and that's even more delicious to them, to load up their vaults, and for their big money buddies at these low prices, while the common family man loads up on groceries on his credit card at 28% interest. The world is round, the banksters will get theirs one day, its coming.
Completely agree , but think that this will be to a degree of destructive power and on a scale that few if any can imagine - and which will not bear comparison to anything that's gone before ( 1929 / GFC ..etc ) .
Couldn't agree more witht your epithet of ' FANTASTIC ' for this and indeed all of David's previous writings . Credit where credit's due ( no - not that ' Credit ' )
and well deserved . Similarly , I think we should all recognise the veracity of everything that dear old ' Peter Schiff ' has been doing to wake the public up to
P.M.'s and the financial jungle for years , only saying this as for years he was pretty
much the most vocal of the truth tellers out there , and unjustifiably has now
got the scars , ' T-Shirt ' and Brick- Bats to show for his un- flagging efforts .
Many thanks David and other commentators Really appreciate your lifting the lid and joining the dots on all this. For me who is new toall this, this is both fascinating and horrifying.
great article, thanks David. I like to think some parts of the world will escape the CBDC tyranny that awaits the EU. Digital money is certainly in our future, the difference is how it is used in one country versus another.
Interesting article. I would be interested to hear theories on what the future looks like. Will gold continue to run until eventually confidence is lost completely in the dollar and we see hyper-inflation? Also why are the banks allowing gold to run but not silver? Are more people just standing for delivery of gold but not for silver?
My guess is because vast quantities of silver are necessary to build the equipment for modern warfare, and warfare is the basis for the Cantillion Effect. Throw in the additional vast quantities of silver required to construct the digital (including financial) prisons they’re preparing for us-those who survive the starvation and plandemics - and one can make a case that everything in the future that they’re trying to construct, hinges on having sufficient quantities of silver.
While cheap prices discourage investment into silver mining, that’s probably not considered a big issue since most silver is a base metal mining by-product. So if there’s still zinc, lead, copper, etc. mining going on, there will still be silver coming out of the earth. And they probably figured that existing silver harvest combined with above-ground surplus, would be enough to get the job done, so why pay more than necessary?
If pesky monetary investors can be discouraged, then polywar can ramp up on a sustained basis and the economic looting from the public intensified globally via inflation and financial repression. Silver is the lynchpin to what is, IMO, the final battle plan against humanity. So, naturally, the public must be divorced from interest in it and it must flow to the predators cheaply and in unencumbered fashion, with none of the plebes catching on and riding its coat tails to protect themselves from the end game. I think silver will be the very, very last commodity to be freed, and when the predators can no longer contain its price by any means necessary, that will be the bell ringing that the end of organized society as we know it is commencing. People will be separated into those who saw it coming and chose to fight for themselves, and those who did not.
Dark thoughts, yes, but that’s how I see it at this point.
There are 25B oz. of silver above-ground. If the price rises, that metal will start to flow.
The problem is that physical silver is private money and can interfere with the franchise of digital currency and control if the price rises high and the value is recognized.
Sounds reasonable in theory, but in real life, “the best made plans…..”.
Rising prices generally spark speculative and panic runs into assets, raising prices and scarcity. Why spark speculation and panic and hope to unlock as much silver as you need silver later at higher prices, if you can preempt higher prices and private acquisition in the first place? Even if governments could somehow have it all, silver is still the lynchpin metal and gets used up faster and faster as war and electrification expand. It’s effectively the key rate limiting substance for the global transfer of wealth and power, so why would governments effectively not attempt to so tarnish (pun intended) its image that nobody else wants it, until the deception can no longer be hidden “by any and all means necessary”?
In case there was ever any doubt in your mind about the manipulation of the price of gold, this excellent article explains it all. Remember double-digit interest rates in the 80’s? Coming soon to a western economy near you…
High rates will lift the veil and bring down their show.
More plandemics and mass deaths by vaxx and Midlozapam & co., too.
When the debts become unpayable, what do you do? Get rid of the creditors, of course! They already started down that path by making all of the cash in our bank accounts property of the banks - effectively, reverse callable loans. But why stop there? If the sheeple’s food supply was actually mass confiscated (called by the banks), the sheeple would panic and start asking questions. A hard preemptive culling would reduce herd size and further fragment the herd with few among them able to make the connection between the sudden appearance of widespread deadly (fake) disease and the real issue: currency and banking collapse, and transition to the electronic prison. Even fewer would be able to band together to make a stand against the war on all of humanity.
Even better, if the widespread death comes in the aftermath of the plandemic, as surges of “sudden death of unknown causes” and turbo cancers and so on, the deception hiding the currency issues will be even thicker and the financial reality even more difficult for the sheeple to detect. A perfect win for the big guys, yes?
Metal is disappearing from exchanges. End game.
Precisely So - and the hammer will be droppinmg big time far sooner than the masses ( excluding any members of this metal's focussed community ) will be able to recognizse . Then , if you're sleep walking into Oblivion you''ll prtetty much be completely blind-sided until you've slammed into the rocks at the bottom of the ravine .
Right Over the Target - deadly accurate appraisal of TPTB's efforts to drive the herd
( Sheeple - especially we ' Baby Boomers ' ) onto the mass ranks of cattle trucks sat waiting to transport us to a modern day Auschwitz per all of the FEMA camps and similar that have been set up globally ( and which our taz's have paid for ) .
I can remember some years ago a US Government statistic that from that point
on early - mid 2000's that on average some 10,000 U.S. baby boomers would be retiring weekly ( I think ...?? ) and expecting to pick up their pension cheques .
Alarm bells immediatley started ringing loud and clear for me that this was essentially a clear impossibility ......Look what's happened over the intervening years and the situation we're all facing as of today . I'm from the UK - and the self same situation exists here and across Europe , as it does in the USA .
And then some ..!!
When the British GILT yield on the 10yr bond settles above 5% to form a new base of support, watch for the implosion of the LBMA as the default ratio on the confetti contracts goes from technical to full on, "you are not going to receive your gold & silver so sue us".
Useful also, is to keep an eye on the Straights of Hormuz if the west gets any more frisky with Iran. All they need do is close the channel to oil shipments for about a week or two and you can watch all the $1.3 Trillion in derivatives contracts go pear shaped all at once, which will take down the manipulators in fast fashion.
London metal fraudsters / BoE / BIS will say: it wasn't us, it was those Iranians. Plus Russia.
Yes indeed Sir.
Who can forget those dastardly Russians and Iranians.
Everything we don't like happening in the world is obviously their fault!!
I think everyone that sits in those buildings at the BoE and BIS should be prosecuted for fraud and their assets seized for reparations for all the destruction they have caused on this planet for decades. In the case of the BoE, centuries.
People are going to be furious when the global repercussions of the rigging appear.
All of a sudden, UK says it wants US to join Commonwealth - that was strange.
I don't know about " Furious " ...?? - I'd have thought apoplectic with
justifiable murderous intent will be more like it . To say that there'll be
' Blood in the Streets ' will hardly cover what could so easilly come to pass .
Right over the target once more ....you're on a bit of a roll right now .
Don't know about these scum-bags being " prosecuted " - I'm more of the -
Lets dig miles and miles of pits , stand trhem all along the sides and machine gun the whole lot into them ....Job Done . We all know these ratbags are guilty as hell so why waste more time and money giving them their day in court when the verdict is for sure a foregon conclusion .
Same Old .....Same Old - all singing from the self same pile of shit ' Hymn Sheet '
Spot on and well put - 10 Yr Gilt at 5% or over must be unstoppable with it only being a relatively short time before this adds gallons and gallns of fuel to the fire .
As regards the ' Strait Of Hormuz ' - I can assure / gurentee you ( I know this 100% ) that the Iranians saw this escalation coming years ( not month's ) ago and everything has long been in place to completely block this waterway bigtime - should some crazy arsehole in the Beltway / Pentagon / Whitehall commit the ultimate act of stupidity ....Hara-Kiri.
Think you're a bit adrift on the $ 1.8 x Trillion you've put on derivative's contracts as
the most recent tally from various top drawer analysts comes to ....2.5 - 3 x QUADRILLION
Another good one David, thanks !
"Slowly at first, then all of a sudden..."
Get ready for all of a sudden.
Thanks RT.
All of a sudden seems to be pretty close.
Think I've been hearing " All of a Sudden " hammering on the front door for eons now - and the door is now on the point of being bust in .
The crypto and the CBDC stuff is just another deception. Crypto was intentionally designed as a speculative asset with the promise of digital gold... it's a damn lie! It's another dollar derivative.
Crypto is a liquidity sponge.
I was in it for a few years and able to multiply my fiat before dumping the gains into PM's.
Smart. I never trusted crypto, but know a few friends who got in and out like you. Problem is they don't know what real money is, and kept the gains in fiat, or worse yet bought Mcmansions on dead end cul-de-sacs.
Excellent David. Thanks. Reposted on X as always.
Thanks KR!
They the world government's and central bankers are trapped and have been for a long time and we have been on the path of a slow burn of destruction that get's more severe each month. Its either crash asset bubbles in real estate and stocks or destroy the currency, so far in Australia it has been to protect the housing bubble at all costs over the currency. In choosing disgrace over honour they are now gonna take it all down.
One of your best articles David!! The warning system analogy with the gold price is perfect for what we see today.
Thanks you OHB. Much appreciated.
Wholeheatedly agree with ' OHB ' - this is for sure one of the very best from a series of superb and peerless articles . You should justifiably feel immensley proud of yourself .....Chocolate Medal's all round .
I suppose that one of the things that must be most troubling for you David - is how you're goingto fill your days when the Ordure Finally slams into the Fan Blades and everything you've been saying comes true in spades ..??
Agreed, although in the US we get to blow bubbles and print money, then export the inflation to spread it around. I have watched in wonder for 25 years, as the bubbles pop, only to be replaced by another, bigger bubble in another asset class. Now the Fed has blown a SOVEREIGN DEBT BUBBLE that will most likely explode with such vengence, it blows everything off the table and financial life as we know it ends.
As to Davids article FANTASTIC! I've been waiting for a succinct overview of the facts surrounding the decades of suppression of PMs, and the purposeful disconnection of the alarm system I can share with others. And the charts, oooohh the charts....
The only missing piece here is the socio ecomomic brainwashing by TPTB since the 1970s, covering the same time periods, that convinced two, now three generations of western citizens that gold was a useless pet rock, and the dollar is money, not simply an unbacked currency.
This last item to my mind is as much a crime as what David has outlined, as it speaks to a coordinated effort on a massive scale to decieve hundreds of millions of citizens over significant time scales that something very important (gold and silver) simply doesn't matter. This, when in fact it should be the foundation, the first thing in anyone's savings.
This was of course only possible using the fusion of governmental agency, with coordinated corporate propaganda. Think CIA in newsrooms across America which started in the 1960s, and is the very definition of Fascism.
Try this on for size:
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the state can shield the people from the political, economic and/or military consequences of the lie.
It thus becomes vitally important for the state to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the state.”
— Joseph Goebbels, Hitler’s chief of Nazi propaganda
Thus entire populations in western industrial civilizations have no clue how to prepare for what's next, as they don't understand what money even is. Add to this, as Simon and many of us here have lamented, we cannot explain, convince or cajole those we love and care about what must be done for protection. They simply don't have the educational underpinnings to understand TRUTH and accept the correct answers.
Now add my favorite Twain quote:
"It is easier to fool people than to convince them that they have been fooled."
-MARK TWAIN
Dont think the banksters aren't long thier own book for PMs. They know truth, and that's even more delicious to them, to load up their vaults, and for their big money buddies at these low prices, while the common family man loads up on groceries on his credit card at 28% interest. The world is round, the banksters will get theirs one day, its coming.
Everyone is going to learn the danger of fiat currency and central planning (all over again).
Cheers Curt.
Completely agree , but think that this will be to a degree of destructive power and on a scale that few if any can imagine - and which will not bear comparison to anything that's gone before ( 1929 / GFC ..etc ) .
Superb , completely accurate and very well put .
Couldn't agree more witht your epithet of ' FANTASTIC ' for this and indeed all of David's previous writings . Credit where credit's due ( no - not that ' Credit ' )
and well deserved . Similarly , I think we should all recognise the veracity of everything that dear old ' Peter Schiff ' has been doing to wake the public up to
P.M.'s and the financial jungle for years , only saying this as for years he was pretty
much the most vocal of the truth tellers out there , and unjustifiably has now
got the scars , ' T-Shirt ' and Brick- Bats to show for his un- flagging efforts .
Outstanding.
David, thanks for presenting the data on this early inflation warning system.
My pleasure NB.
Getting the word out.
Cheers.
You are an energetic shin-kicker. Hats off to you for that
Facts are facts.
Aim higher than shins.
I’M LONG SILVER AND GOLD. BIG POSITIONS TOO.
BRAVO ........" Sit tight - and be right " .
Trust you are having access to your physical metals at three am.
I dont trade. I bought at low prices.
Many thanks David and other commentators Really appreciate your lifting the lid and joining the dots on all this. For me who is new toall this, this is both fascinating and horrifying.
Cheers Phil - my pleasure.
great article, thanks David. I like to think some parts of the world will escape the CBDC tyranny that awaits the EU. Digital money is certainly in our future, the difference is how it is used in one country versus another.
Digital currency/money is digital handcuffs.
Thus the central planners are super excited about it.
' Central Planners ' = ZIONIST / KHAZARIAN - SHYLOCK's .
We all know whose been behind all of this for literally hundreds of years .
A Pox on all of their house's
Russia .......??
https://x.com/kingkong9888/status/1907046489274155123 Is the OTC Spot market being moved out of London?
Interesting article. I would be interested to hear theories on what the future looks like. Will gold continue to run until eventually confidence is lost completely in the dollar and we see hyper-inflation? Also why are the banks allowing gold to run but not silver? Are more people just standing for delivery of gold but not for silver?
My guess is because vast quantities of silver are necessary to build the equipment for modern warfare, and warfare is the basis for the Cantillion Effect. Throw in the additional vast quantities of silver required to construct the digital (including financial) prisons they’re preparing for us-those who survive the starvation and plandemics - and one can make a case that everything in the future that they’re trying to construct, hinges on having sufficient quantities of silver.
While cheap prices discourage investment into silver mining, that’s probably not considered a big issue since most silver is a base metal mining by-product. So if there’s still zinc, lead, copper, etc. mining going on, there will still be silver coming out of the earth. And they probably figured that existing silver harvest combined with above-ground surplus, would be enough to get the job done, so why pay more than necessary?
If pesky monetary investors can be discouraged, then polywar can ramp up on a sustained basis and the economic looting from the public intensified globally via inflation and financial repression. Silver is the lynchpin to what is, IMO, the final battle plan against humanity. So, naturally, the public must be divorced from interest in it and it must flow to the predators cheaply and in unencumbered fashion, with none of the plebes catching on and riding its coat tails to protect themselves from the end game. I think silver will be the very, very last commodity to be freed, and when the predators can no longer contain its price by any means necessary, that will be the bell ringing that the end of organized society as we know it is commencing. People will be separated into those who saw it coming and chose to fight for themselves, and those who did not.
Dark thoughts, yes, but that’s how I see it at this point.
There are 25B oz. of silver above-ground. If the price rises, that metal will start to flow.
The problem is that physical silver is private money and can interfere with the franchise of digital currency and control if the price rises high and the value is recognized.
Sounds reasonable in theory, but in real life, “the best made plans…..”.
Rising prices generally spark speculative and panic runs into assets, raising prices and scarcity. Why spark speculation and panic and hope to unlock as much silver as you need silver later at higher prices, if you can preempt higher prices and private acquisition in the first place? Even if governments could somehow have it all, silver is still the lynchpin metal and gets used up faster and faster as war and electrification expand. It’s effectively the key rate limiting substance for the global transfer of wealth and power, so why would governments effectively not attempt to so tarnish (pun intended) its image that nobody else wants it, until the deception can no longer be hidden “by any and all means necessary”?
They have suppressed the price and shortage is now ending that suppression.
Can't wait for Silver to become un-hobbled and true price discover / supply and demad side dynamics propel it to its true and fair value .
The higher and faster this goes - then the more ( hopefully ) it should put the
kybosh on all of the CBDC scammers . Whether it would provide something
of a ' Coup de Grace ' for this lot remains to be seen - we can only hope it will
Is it possible to update Figure 2 for the data up to end-2024? Thanks
That was a weird one.
May have gotten their hands on a limo and put on a show.
What ' Limo ' and what ' Show ' ........intrigued to know - I could be being a bit
' Thick' here though