News, Rumors and Opinions Tuesday AM 10-19-2021
The Green Lantern: Hi my friends
Just came in:
Washington DC has indicated that they are scheduled to get this done today.
Brace yourself everyone as God is coming down to open the gates and bless us all
Remember to record this event and keep it for history as this will never ever happen again in our life time and you can tell your children and family that you were part of this chapter in history and that you were the Chosen.
God bless you all
The Green Lantern
Holly Monday Evening update;
This is a military operation. It is the most intensive military operation that has ever happened in the history of the world. You are part of it. You are in it. What don’t you understand?
This is national security issue on every level! Asking every question and wanting to know every detail risks national security. This is serious business!
Lives are lost and lives risked every day for this military operation! We have moved to another level now then we ever have so when you are asked to be quiet and stop all the questions there is a huge reason!
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TNT:
Tishwash: Gold reserves and the equation to avoid the effects of inflation (10/19)
Gold is invested by monetary authorities in countries around the world, including Iraq, for several reasons, including compensating for the decline in the value of shares in the stock market, as happened in the Corona pandemic, avoiding the effects of inflation and facing the decline in the price of the dollar in the foreign exchange market, and gold gives sufficient confidence to the investor in the long run. It is rare for markets to be flooded with it as a physical commodity.
Academic Dr. Abdul Karim Al-Issawi said: {The world maintains gold reserves of 34,700 tons of gold until 2020, and ten countries, namely America, Switzerland, Japan, Germany, Italy, France, Russia, China, Turkey and India, hold 75 percent of the world’s gold reserves, and the United States of America leads with a size of 8134 thousand. A ton of gold at a rate of 25%, with a value of 408 billion dollar}.
He pointed out that "in terms of global production, China is the first producer of gold in the world, followed by Australia and the United States of America in third place, despite all the international changes that have affected gold, especially after the decision of US President Richard Nixon in 1971 to abandon the dollar fixed exchange base. / Gold, it still remains the most important component of international reserves, which means the accumulated stock of international liquidity that is actually held by the monetary authorities and can be used at any time without restriction or condition to face various economic shocks and its safe haven from price fluctuations Exchange}.
gold investment
Dr. Al-Issawi added, “The goal of retaining gold is not to obtain profit, but for the purpose of reassurance and when making a trade-off in investing in gold, while in the currency it is focused on profit and risks, due to the presence of a set of options every day, and it should be noted that Iraq possesses about 96 percent of gold reserves. , 3 tons until this year and comes fifth in the Arab world after Saudi Arabia, Libya, Algeria and Lebanon, and represents the direction of the Central Bank of Iraq to buy gold as one
International reserves are a correct option to face the shocks to which the oil market is exposed international}.
reserves sequence
In addition, a member of the Iraqi Economists Association, Dr. Ikram Abdel Aziz, indicated that {Iraq possessed a correct orientation to work on expanding the strategic reserves of gold, which is an important cover for the currency}, pointing out that {Saudi Arabia retained the leading position in the Arab world in terms of the volume of gold reserves only. International Reports According to the report of the World Gold Reserve Council, the report stated that the Kingdom of Saudi Arabia’s possession of gold amounted to 323 tons, which constitutes 1.4% of its total assets reserves, ranking 8th globally, while Lebanon ranked second in the Arab world, two places apart from Saudi Arabia in the global ranking. And reserves amounted to 286 tons of gold}.
And Abdel Aziz continued: “Algeria comes third in the Arab world with 173 tons of gold, followed by the fourth in the Arab world, Libya, with reserves of 116 tons of gold, and Iraq ranked fifth in the Arab world with a reserve of 96 tons, while Egypt ranked sixth in the Arab world with a reserve of 2.80 tons. from gold}. link
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Billionaire Investor Warns: "MARKET WILL HIT A WALL." Economy Continues To FREE-FALL.
Greg Mannarino: Oct 18, 2021
Lawrence Lepard: The Everything Bubble is Fragile and Faltering
Oct 19, 2021
Tom welcomes Lawrence Lepard back to discuss the markets, gold, and the fragile state of the economy.
Lawrence discusses the markets and how they are slowing. We may be near a market top. Last year we had explosive growth in GDP but that has waned in recent months.
We printed trillions to get us through the Covid period and now benefits are running out. The economy is starting to choke and the key question is will they do further stimulus or will the markets be allowed to roll over.
The debt-ceiling debate is just a pretense to show their 'responsible'. The big elephant is inflation which is breaking out everywhere. Housing markets are moving higher and very few assets are behaving normally. In the past couple of years, we've printed forty percent of the money in existence. Even the Democrats are reconsidering spending but if they don't spend markets will cool and pull back. In the end, they will likely have no choice but to print more and send out stimulus checks.
The Fed is very good at playing the taper game and they're not stupid. They will try like hell to keep things going while pretending to be responsible. There is a good chance they will have to stop the taper to keep the markets happy.
The reality is you can't taper a Ponzi scheme. No growth and higher prices is the definition of stagflation. Back in the 70s prices kept rising repeatedly. Gold and oil were the outperformers for ten years while bonds were killed and stocks went nowhere.
Today's markets feel similar. He believes the producers are the place to be in mining stocks. They are not sexy but they have a good revenue stream and are currently overlooked. He discusses the benefits of bitcoin and why like gold it represents a great sound money bet.
Inflation will drive the trade out of fiat assets and into alternatives. This is the end game for fiat.