Glenn Beck, Bix Weir and Silver Report Uncut Monday 8-3-2020
Glenn Beck: Your Money is Losing Value FAST!
Aug 3, 2020
What are the two things the Fed always promised NOT to do?
First: print lots of money, which leads to deflation. And second: buy out the national debt.
But, yet, they do BOTH these things in excess. And thanks to the fed's poor decision making, not only is the value of the dollar declining (ten percent in ONE week!), but our national debt has never been higher, and our "national credit score" has just been downgraded, which means the U.S. is at risk of becoming an untrustworthy borrower.
Glenn advises ALL Americans to have enough cash at home to last at least a week, because a banking crisis could happen soon.
ALERT! Silver Manipulation Ending After 150 Years!! (Bix Weir)
Aug 3, 2020
With the September COMEX open interest RISING to over 130,000 contracts it's hard to see how they can get out of a SHOCKING DELIVERY NOTIFICATION EVENT in less than 19 trading days! Got Silver!!
China's Largest Banks Limit Access To Gold & Silver Investments To Cool Gold Market, I Smell Fear
Silver Report Uncut:
The largest Chinese banks have begun limiting investment in silver and gold to "protect" investors from "price volatility according to them.
Global money supply has increased at a record pace and gold price has been on a tear recently.
The truth is it seems investors are losing faith in fiat currencies and this is attempt to defend a clearly inferior money.
In China gold investment is a niche market and a lot of investors gain exposure to silver and gold via gold etf's offered by the banks.
These actions draw attention to a couple interesting aspects in gold markets, one, gold investment demand is strong enough to send fear into the hearts of bankers and currency manipulators and gold has risen as a better global alternative to fiat monies.
The stated purpose is to cool the surge in gold markets as prices have notched all time highs in every major currency since they began the great debasement.
I don't think these actions will be the last nor the strongest should the rise in gold demand continue to compromise faith in local currencies and central banking around the world.