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Joseph Feury's avatar

Excellent analysis of the recent ECB report. And outlining the reality not like the report. Thank you again David Jensen. Hopefully, this gets read by many and more people wake up to the collusion between the banks, government, media and other organisations. We need the truth. You should be on all Airways.

We need the truth and and end the the fiat ponzi scheme, and not their CBDC, Digital currency, Tokenization. But gold and silver.

Let's see what unfolds, they will never allow the truth and most unfortunately don't want the truth. Let's see what happens. Thanks again for your great work, information and analysis.

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David Jensen's avatar

Thank you Joseph - much appreciated.

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Anneke's avatar

Excellent article. I was with friends the other day and they had newspapers in their house. I tried to read some articles with confusion as the result. There's no intent to inform you. It's all magicians tricks to divert from the real news.

I used to consume that garbage.

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David Jensen's avatar

Distraction , deflection is the game of the day, decade, century, millennia.

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David Jensen's avatar

Meanwhile the interest rate sensitive derivatives market is estimated at more than $1 quadrillion (one thousand million million) in size. But, hey, gold is dangerous, dangerous stuff.

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philipat's avatar

Agreed completely. The situation is partly explained by the fact that the UK is no longer in the EU and never was in the Euro currency zone so was never under the jurisdiction of the ECB. That said, ALL Central Banks have played their part in facilitating the fractional (leveraged) reserve Gold "markets" as universal budget deficits have put pressure on currencies and Gold has always been the canary in the fiat currency coal mine - hence the temptation to suppress Gold to hide the warning signals.

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David Jensen's avatar

The 'regulators' have been operating a fraud. Wild.

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philipat's avatar

Yes, "unimaginable" I know! I would further qualify fraud by adding Systematic fraud because it isn't just the main regulators but also the regulatory supervision and control "regulators" such as CFTC who, for instance, despite limits on holding, see nothing to question when 8 Commercial Banks hold a far higher concentrated short position in the tiny Silver paper Futures "market" far greater than for ANY other "commodity".

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David Jensen's avatar

And with 5B to 8B oz. estimated short silver in London, imagine the banks position there.

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philipat's avatar

Which, of course, brings us full circle back to the Central banks because in the case of the LBMA (and its totally opaque OTC "markets"), the only regulator is the BOE, which also has a representative on the LBMA Board.

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David Jensen's avatar

Fisher is former BoE, Zoellner is former BIS, plus Grice is current BoE and an observer on the Board.

https://www.lbma.org.uk/about-us/lbma-board

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philipat's avatar

Yes, quite the cozy little Club!

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Donald Clausen's avatar

These nefarious actors can print all the promissory notes they want but in the end Scripture will prove to be true. "The silver and gold are mine" saith the Lord.

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Stephen's avatar

ECB is getting ahead of big something coming. This feels like preemptive damage control via narrative shaping

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David Jensen's avatar

Agreed. It is very late.

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William Pennachio's avatar

EXACTLY

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bk25's avatar

I listened to a podcast with Luke Groman. He talked about several years ago when the Chinese went to the LBMA and could not be denied their gold. The paper gold price dropped after this event. His point was that if there are 10 owners of one piece of gold and one person takes it away (the Chinese) those that own paper gold soon realize their paper is worth nothing and the price of gold will go down. My point is that yes, the paper gold market might break but when it does ....the real price of gold could take some time to be realized. David...your thoughts?

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David Jensen's avatar

Groman said for years that a massive decline in the USD would be good for America. Couldn't get past that.

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bk25's avatar

Luke seems to think the 50 yr bond backed by gold is the direction Trump is taking things. Andy Schectman seems to think they will do this on American's 250th B-day - 2026...per July Shelton. But Luke's point is interesting. What happens when the fake gold market tells you it's going to zero but the real good market is going to the moon.

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David Jensen's avatar

Everything becomes very real, quickly.

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bk25's avatar

I don’t can you explain

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Donald Clausen's avatar

Paper markets have gone to zero before. Remember the crude oil market?

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David Jensen's avatar

IN that case there was supply of oil with nowhere to put it.

With gold, there is next to no supply of gold bars relative the claims sold in London while the vaults where you are supposed to put it are empty.

The value of real gold will go to the moon while London paper claims for gold will likely end up at zero.

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William Pennachio's avatar

ABSOLUTELY PHENOMENAL ANALYSIS OF THE CB'S OWN ADMISSION OF GUILT AND CORRUPTION, WHILE TRYING TO HIDE SAID CORRUPTION WITH FINANCIAL JARGON !!!

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David Jensen's avatar

Thank you William. Much appreciated.

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Mike Hardwicke's avatar

Great dive and exposure of their intended obfuscation. Thanks.

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David Jensen's avatar

Thank you Mike.

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NachoSilver's avatar

The BIS is an interesting construct. With the pending debut of mBridge (just Bridge now) and Unit, one wonders how it plans to maintain relevance.

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David Jensen's avatar

We have all the fraud that we need right now.

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Padre David's avatar

Good Job and service

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David Jensen's avatar

Thank you Padre.

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Andrew Ridewood's avatar

We know that the end is nigh, when even the circus clowns are mentioning the problem.

Once again David, thank you for letting us know.

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David Jensen's avatar

My pleasure Andrew.

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Mitch's avatar

Very interesting David how these "bodies" with sticky fingers and slopey shoulders always try to distance themselves from the sweetie jar when the evidence of shenanigans becomes overwhelmingly evident. Their "intelligence jargon" is something of an oxymoron is it not. Also, it's opaqueness is questionable too as you were able to see straight through it. I would give them 2/10 for trying to hoodwink us, for want of a clean phrase/expression on a Sunday morning, and 10/10 to you for enlightening us who have not read the full report. Your getting good at this😉🤭

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David Jensen's avatar

Thank you Mitch.

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Colin Rainier's avatar

Great article. The ECB gets to say “you read it here first” when the SHTF and if they trigger the collapse of the London Market the post-Brexit schadenfreude will be off the charts. See spot run!🐶

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David Jensen's avatar

They appear to be shameless.

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Mr. Simon Field's avatar

Cor blimey. You read this stuff..so we dont have to. Honestly….excellent. Great work.

I am reminded as I have a memory like something strange. You can check the date it you want. I would have been under age 10. The then UK Chancellor of the Exchequer once remarked when the Uk was in financial shit-street in the late 1960/70’s. (And we are back in it)

“The sky is black with the wings of chickens all common home to roost”

Or something like that. I remeber hearing that. I had no idea what it meant.

Is it the guy with the matches that shouts “fire”?

These devious scum-bags They are all filth.

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David Jensen's avatar

I don't remember that Simon. I can hear the chickens now. ;)

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Mr. Simon Field's avatar

By the looks of you, you are too young. It was a pithy change in the Houses of Parliament. Dennis Healy was his name. Equal famous for saying “we will tax the rich until the pips squeak”. The left are nasty and bitter people.

They introduced “income investment surcharge” which was an EXTRA tax on “investment income”.. EG RENT and ROYALTIES. The tax was 106%.

Thats why in the 1970’s a load of English movie stars moved to the USA - to avoid 106% tax!!

The pot is starting to boil isn’t it?

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Renee Marie's avatar

Thank you Mr. Jensen, truly!

I’ve been new to this “game”…absolutely incredible! Great article!

My rule of thumb now is, whatever ((they)) tell me, I do the opposite😉-lol!

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David Jensen's avatar

Thank you Renee.

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