"Gold- The Safe Trade is a World of Absolute Risk"
Gareth Soloway: Gold - The Safe Trade in a World of Absolute Risk
Palisades Gold Radio: 3-8-2023
The Fed was discussing transitory issues, but now they are talking of a mild recession. They have built a house of cards heavily reliant on rates and printing, and no one knows what could break in the system today.
The unintended consequences of their actions could lead to a collapse.
Despite this, the Fed may be reluctant to curb interest rates, meaning we could be in for a protracted period of recession lasting several years.
Investors today are used to the Fed coming to the rescue, particularly since 2009. But if they don't, markets and investors will be confused about how the recovery will work out naturally.
Gareth Soloway: Gold - The Safe Trade in a World of Absolute Risk
Palisades Gold Radio: 3-8-2023
The Fed was discussing transitory issues, but now they are talking of a mild recession. They have built a house of cards heavily reliant on rates and printing, and no one knows what could break in the system today.
The unintended consequences of their actions could lead to a collapse.
Despite this, the Fed may be reluctant to curb interest rates, meaning we could be in for a protracted period of recession lasting several years.
Investors today are used to the Fed coming to the rescue, particularly since 2009. But if they don't, markets and investors will be confused about how the recovery will work out naturally.
Credit card debt is skyrocketing and car loans are seeing defaults, leading Gareth to believe we are in for a long drawn out recession.
People have been overspending since the end of the lockdowns, and soon will have to cut back.
Countries with resources, particularly metals, will likely do better than most.
China is seeing a surge in demand internally, and it will be interesting to see if this leads to an inflation surge.
Gold is still attractive for its use as a fear trade, and can also do well during inflation. However, it has yet to outperform this year.
Servicing the debt will put a burden on the system, while corporations will also have issues refinancing. There are many layoffs coming as a result.
Gareth believes the downside for gold is minimal, and the upside is potentially amazing. Silver is trickier to gauge because of its industrial demand aspects, but should perform well if your time horizon is longer than average.
The dollar could continue higher if we get through this recession, which will in turn pressure metals and equities.
We need to keep an eye on the jobs numbers on Friday. The decline in natural gas futures has been impressive and we are now in a trading range.
Gareth still believes the Bitcoin markets are likely due for a further decline, and that we are seeing similar patterns. A bear market rally appears to still be in play, and a pullback to 18,000 or even lower seems likely.
A recession or pullback in equities will also impact the crypto space, so lower targets remain possible. Gareth believes regulations in crypto will benefit the markets, as it will allow institutions into the space. Right now, legally they would have a lot of trouble investing.
Time Stamp References:
0:00 - Introduction
0:35 - Feds In Control?
3:50 - Rates & Recession
5:18 - Weakness Starting?
7:29 - Global Outlook & China
9:12 - China, Copper, & Steel
10:40 - Gold & Inflation
12:30 - Black Swans & Tensions
13:28 - S&P Outlook Charts
16:36 - Gold Chart
20:36 - GDX Outlook?
21:58 - Silver Chart
23:00 - Dollar Direction
24:15 - Energy - Crude
25:25 - Trendlines & Closes
26:54 - Natural Gas Futures
28:46 - Bitcoin Volatility
31:39 - Trading Tip
33:40 - Wrap Up
Bix Weir and Greg Mannarino Tuesday PM 3-7-2023
ALERT! Silver Derivatives Slam Silver Price So Silver Banks Can CLOSE SHORT POSITIONS!!
(Bix Weir) 3-7-2023
Yes, this is the End Game for Silver Price Suppression...Slam the price with silver derivatives so that the banks can close out massive silver short positions!
But if the bank shorts are running for the hills...WHO WILL BE LEFT TO TAKE THE SHORT POSITION IN SILVER DERIVATIVES???
NOBODY!!
ALERT! Silver Derivatives Slam Silver Price So Silver Banks Can CLOSE SHORT POSITIONS!!
(Bix Weir) 3-7-2023
Yes, this is the End Game for Silver Price Suppression...Slam the price with silver derivatives so that the banks can close out massive silver short positions!
But if the bank shorts are running for the hills...WHO WILL BE LEFT TO TAKE THE SHORT POSITION IN SILVER DERIVATIVES???
NOBODY!!
LIVE! Stock Market Gets BLASTED! The MMRI Crosses 260. Fed. Powell LIES...
Greg Mannarino: 3-7-2023
Deepin Moments and Jim Willie "Gold Standard and DeDollarization" 3-6-2023
Return to the Gold Standard! The US can't stop over 40 countries from using less dollars!
Deepin Moments: 3-6-2023
In summary: As the US dollar is used more and more countries!
The main currency generally recognized in the world is the US dollar, and the United States also ranks among the world's economic powers by virtue of the advantage of the US dollar.
Today, the US dollar plays a pivotal role in trade among countries, especially in oil trade. Therefore, the US dollar is used by many countries as an international reserve currency.
However, some experts in the United States suggested returning to the gold standard.
Return to the Gold Standard! The US can't stop over 40 countries from using less dollars!
Deepin Moments: 3-6-2023
In summary: As the US dollar is used more and more countries!
The main currency generally recognized in the world is the US dollar, and the United States also ranks among the world's economic powers by virtue of the advantage of the US dollar.
Today, the US dollar plays a pivotal role in trade among countries, especially in oil trade. Therefore, the US dollar is used by many countries as an international reserve currency.
However, some experts in the United States suggested returning to the gold standard.
The reason is that more than 40 countries including China, Germany, Japan, and India have initiated the process of de-dollarization.
Jim Willie: De-Dollarization Movement Is Pressuring COMEX
Arcadia Economics: 3-3-2023
Jim Willie: De-Dollarization Movement Is Pressuring COMEX We're now over a year into the Russia-Ukraine war, with sadly no end in sight, to what's become a financial war in addition to being a kinetic one.
In that time we've seen a further polarization of the world, especially in the financial sense, and in today's show, Jim Willie checks in to talk about the latest financial implications.
Jim talks about how and why countries are moving away from the dollar infrastructure, what he sees happening with the CBDCs, and his views on how he sees gold and silver becoming a bigger part of the future financial system.
He talks about the gold and silver flows that may be going on behind the scenes, and why he feels the COMEX is at risk of being the victim after the dust settles.
So to find out more about the latest macro trends and how Jim sees them playing out, click to watch this video now!
More News, Rumors and Opinions Friday Night 3-3-2023
KTFA:
Clare: Al-Samarrai: The Prime Minister is taking another revolutionary measure to correct the country's economic conditions
3/03/2023
The head of the Azm Alliance, Muthanna al-Samarrai, considered that the prime minister is taking another revolutionary measure to correct the country's economic conditions.
Al-Samarrai said in a tweet to him, "The Prime Minister's directive to review the sums deducted from the salaries of employees, retirees, and social protection, and to review the contracts of banks and electronic payment companies that have monopolized this process for years by opening the door to competition to serve the better is another revolutionary measure to correct the economic conditions of the country. " LINK
KTFA:
Clare: Al-Samarrai: The Prime Minister is taking another revolutionary measure to correct the country's economic conditions
3/03/2023
The head of the Azm Alliance, Muthanna al-Samarrai, considered that the prime minister is taking another revolutionary measure to correct the country's economic conditions.
Al-Samarrai said in a tweet to him, "The Prime Minister's directive to review the sums deducted from the salaries of employees, retirees, and social protection, and to review the contracts of banks and electronic payment companies that have monopolized this process for years by opening the door to competition to serve the better is another revolutionary measure to correct the economic conditions of the country. "
Clare: Among them is reducing borrowing costs.. A Sudanese consultant reviews the benefits of the unified treasury account
3/03/2023
On Friday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, outlined the benefits of establishing the unified treasury account, considering it the main tool for managing the government's monetary resources.
"The unified treasury account is the main tool for unifying and managing resources or cash flows for the central government, as Iraq, unfortunately, still depends on government banking arrangements in a fragmented manner," Salih told the official news agency.
He added, "The effective oversight of the financial administration cannot achieve its goals in controlling public funds unless it relies on unified and undivided government banking arrangements," adding, "Therefore, the unified treasury account is an essential tool for unifying and managing the government's monetary resources."
He continued: "And then reduce the costs of borrowing, as the Iraqi government often borrowed from government banks in past years to fill the deficit in the annual budget, and the sources of that borrowing were mostly surplus government deposits in various government accounts, due to the absence of sufficient information about the financial abundance scattered in various bank accounts".
He pointed out that "Iraq is still among the countries that have fragmented government banking arrangements in dealing with government revenues and payments, which necessitates work today, for the government financial administration to have the launch of the project to establish the unified treasury financial account and in accordance with the priorities that came in the principles of reforming public financial management." which was stipulated in the ministerial platform of the Iraqi government.
He stressed that "the proliferation of sub-accounts of ministries, departments, and public institutions in the current form has made financial management and oversight authorities lose the ability to be accountable in following up financial actions, so pooling funds in a single or unified treasury account means pooling all government funds in one account, which would It reduces borrowing costs, expands credit, improves the government's fiscal policy, and at the same time improves oversight and accountability within the scope of work of government spending units, and reduces corruption in financial behavior and abuse of public money.
He noted that "launching the establishment of the unified treasury account comes as a necessary condition for completing the digital system, which is called: the Integrated Financial Information Management System (IFMIS). LINK
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MarkZ:
Mark Z: Hey guys! No podcast this evening. I have a meeting and will not be back in time. If any breaking news I will have my mobile device with me. See you all tomorrow at 11:00 am EST. Thanks!
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Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: So much is going on now with the banking and a lot of internal audits in this new banking platform. It’s screaming a new rate is coming. Why do all this for a continued 1310 program rate? FRANK: Yes…a new rate is coming…1310 may show up on your budget but it will quickly move as it starts to float. The currency is de-pegging as it floats. Once it reaches 1 to 1 it will pair in a basket with many currencies.
Pimpy Iraq has one of the largest gold reserves in the world and the crazy thing about it is most of the gold is on the surface. The Iraq Central Bank is doing a lot of what central banks are doing around the world which is increasing their gold reserves…Iraq went from 96.42 tons and jumped up in July of 2022 to 130.32 tons…which is awesome…
LIVE! With The Economy In FREEFALL, Central Banks Pump ONE TRILLION DOLLARS Into The Market.
Greg Mannarino: 3-3-2023
ALERT! COMEX Silver Volume CRASHING! The Pebbleton Post is Here to Navigate the Change!!
(Bix Weir) 3-3-2023
Why has the COMEX Silver Trading Volume CRASHED? Is it because hundreds of thousands of commodity traders don't trust the rigged COMEX silver market?...OR maybe they were NEVER THERE IN THE FIRST PLACE!
Why aren't the banks pushing their high frequency trading programs the way they usually do?
Could it be we are approaching the End of COMEX Silver??!
Dr. Kia Pruitt, Nader, Pimpy and More Thursday PM 3-2-2023
KTFA:
Henig: Guterres: Implementation of Sinjar Agreement and Drafting of Oil and Gas Law
March 2, 2023
Baghdad/Obelisk: United Nations Secretary-General António Guterres stressed that the Sinjar Agreement and the drafting of the Federal Oil and Gas Law should be implemented.
"I am happy to come to the Kurdistan region," Guterres said at a press conference in Erbil, adding that the federal budget should be approved, the oil and gas law drafted, and the Sinjar agreement implemented.
"I am in Iraq, and what is happening in this country gives a source of hope.
KTFA:
Henig: Guterres: Implementation of Sinjar Agreement and Drafting of Oil and Gas Law
March 2, 2023
Baghdad/Obelisk: United Nations Secretary-General António Guterres stressed that the Sinjar Agreement and the drafting of the Federal Oil and Gas Law should be implemented.
"I am happy to come to the Kurdistan region," Guterres said at a press conference in Erbil, adding that the federal budget should be approved, the oil and gas law drafted, and the Sinjar agreement implemented.
"I am in Iraq, and what is happening in this country gives a source of hope.
I encourage political parties in the Kurdistan region to hold elections this year, stressing that achieving a bright future requires taking steps today.
He stressed that the United Nations stands by the Kurdistan region for a bright future.
He expressed his happiness at his meeting with the President of the Region, the Prime Minister of the Region, the Deputy Prime Minister and the Speaker of Parliament.
Al-Hol camp is a ticking bomb, he said, noting that we discussed with regional leaders security problems in the disputed areas.
He pointed out that we discussed with Iraqi officials the agreement of Erbil and Baghdad on the oil and gas law and the budget, as well as the decisions of the Federal Court, which should be in the interest of all segments of the Iraqi people. LINK
Henig: IMO: Just so there's no confusion: If you remember the article that came out earlier about the agreement between Erbil and Baghdad on the oil and gas law, they've made a binding agreement on it, and now it needs to be drafted so that the entirety of Parliament can vote it into law--which they already have the votes to do, as we've seen in numerous articles about that topic.
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Courtesy of Dinar Guru
Nader From The Mid East This week two good things should happen. The budget should reach Sudani by Saturday I hope. The 2nd thing I heard and it's confirmed in the budget there's a rate and it's a good rate after all. They didn't tell me how much but they said it's a good rate. Me accept even 500 I accept. 500 to 1, I accept it. I'll take it and then you can talk about float and all that stuff.
Pimpy Iraq has one of the largest gold reserves in the world and the crazy thing about it is most of the gold is on the surface. The Iraq Central Bank is doing a lot of what central banks are doing around the world which is increasing their gold reserves...Iraq went from 96.42 tons and jumped up in July of 2022 to 130.32 tons...which is awesome...
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TNT:
Tishwash: Disclosure of a financial surplus of 29 trillion dinars
The economist, Nabil Al-Marsoumi, revealed, on Thursday, the accounts of the Iraqi state in 2022, indicating that the financial surplus achieved was 29.874 trillion dinars.
Al-Marsoumi said, in a press release, that “the state’s accounts in 2022
public expenditures = 116.959 trillion dinars, including:
operating expenses = 104.941 trillion dinars,
investment expenditures = 12.018 trillion dinars,
the ratio of operating expenses to public expenditures = 90%,
the ratio of investment expenditures to public expenditures = 10 %
Public revenues = 161.697 trillion dinars, including:
Oil revenues = 145.038 trillion dinars
Non-oil revenues = 7.658 trillion dinars
The ratio of oil revenues to total revenues = 95%
The proportion of non-oil revenues to total revenues = 5%
Public expenditures + total advances = 131,823,
the fiscal surplus achieved in 2022 = 29.874 trillion dinars. link
ALERT! Grand Canyon Gold Debate was Over Quickly! You Decide Who Won!!
(Bix Weir) 3-2-2023
My debate with Steve St. Angelo of SRSRocco about Gold in the Grand Canyon was over very quickly but we kept talking about other issues for more than two hours! You can decide who won but it was very clear that Steve agreed that there are BILLIONS of ounces of Gold in and around the Grand Canyon and Colorado River.
That fact alone should rock the world of any hardened Gold Bug! SWAP YOUR GOLD FOR SILVER!!
Dinar Stabilizes; Congress Attacks Fed CBDCs; States Go to Gold; Banks in Trouble. We Have the Power
Dr. Kia Pruitt : 3-2-2023
The CBDC will not move forward as we the people take control and use gold as money!
News, Rumors and Opinions Wednesday Afternoon 3-1-2023
TNT:
CandyKisses: Gold Continues To Climb For A Third Day As Dollar Declines
Gold prices continued to climb for the third consecutive session, on Wednesday, as the dollar fell, but fears of US interest rate increases against the backdrop of high inflation globally curbed gains.
Spot gold rose 0.2 percent to $1831,43.0536 an ounce by 0 GMT. U.S. gold futures rose 1.1838 percent to $90,
Cryptocurrencies are a "headache" in the head of the G20. Is there a way out?
The precious metal in February recorded its worst month since June 2021 after a series of US data pointed to the resilience of the economy and an increase in the number of jobs available in the labor market, raising fears that the US Federal Reserve will continue to raise interest rates to curb inflation.
The dollar index fell 0.1 percent, making gold priced in the U.S. currency more affordable for buyers holding other currencies.
Among other precious metals, spot silver rose 0.8 percent to $21.09 an ounce, platinum gained 0.4 percent to $955.89 and palladium rose two percent to $1445,03
TNT:
CandyKisses: Gold Continues To Climb For A Third Day As Dollar Declines
Gold prices continued to climb for the third consecutive session, on Wednesday, as the dollar fell, but fears of US interest rate increases against the backdrop of high inflation globally curbed gains.
Spot gold rose 0.2 percent to $1831,43.0536 an ounce by 0 GMT. U.S. gold futures rose 1.1838 percent to $90,
Cryptocurrencies are a "headache" in the head of the G20. Is there a way out?
The precious metal in February recorded its worst month since June 2021 after a series of US data pointed to the resilience of the economy and an increase in the number of jobs available in the labor market, raising fears that the US Federal Reserve will continue to raise interest rates to curb inflation.
The dollar index fell 0.1 percent, making gold priced in the U.S. currency more affordable for buyers holding other currencies.
Among other precious metals, spot silver rose 0.8 percent to $21.09 an ounce, platinum gained 0.4 percent to $955.89 and palladium rose two percent to $1445,03
Tishwash: Barzani: Good progress with Baghdad on the budget, and we hope it will be approved as soon as possible
On Wednesday, the President of the Kurdistan Regional Government, Masrour Barzani, announced "some progress and good understanding" with Baghdad on the draft federal budget law.
A statement by the regional government stated that Barzani "received today the British Minister of State for Middle East, Africa, South Asia and the United Nations at the British Foreign Office, Lord Tariq Ahmed."
Barzani pointed out, "There is some progress and good understanding about the draft federal budget law, especially since the Kurdistan region participates for the first time in preparing a draft budget law," expressing his hope that "the House of Representatives approves the draft law as soon as possible, in a way that guarantees rights and entitlements." Finance of the Kurdistan Region within the framework of the Constitution.
For his part, Lord Tariq Ahmed indicated, "The Kurdistan region has witnessed remarkable development, progress and reconstruction since his first visit to the region in 2018," according to a statement by the Kurdistan government.
He added that "the Kurdistan region has an important place, especially in the region." He reaffirmed "his country's desire to proceed with strengthening relations with the Kurdistan Region."
For his part, the President of the Kurdistan Regional Government thanked Britain for its "continued support for the Kurdistan region," and gave "an overview of the reforms implemented by the ninth ministerial formation in the areas of economic diversification and interest in the agricultural sector, exporting local products to foreign markets, and electronic transformation in public services and government affairs." .
The meeting dealt with "the importance of resolving contentious issues between the Kurdistan Region and the federal government," as the two sides agreed that "solving these problems, according to the constitution, is in the interest of all citizens and the various components of Iraq."
The two sides also stressed "the rule of law, protection of stability, support for the continuity of the service government, the importance of implementing the Sinjar Agreement, removing militias and illegal armed forces, normalizing the situation in the region, and ensuring the return of the displaced to their homes link
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Courtesy of Dinar Guru
Militia Man Muhammad Saleh...says their reserves are $115 billion which is up from the $90's. They also increased their gold reserves from about 96 tons to 132 tons...It's really truly amazing ...by him saying we have about 5x what we need in foreign reserves...to me that means they're going to be able to support the value of their currency because they have such a huge amount of reserves and gold and money coming in from abroad. I think they're bringing this up today is because it's going to give support to the investors to know they have the ability to...defend the currency value.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Economic news is calling for de-dollarization. They want us to stop using the American dollar. They keep repeating this over and over again. It looks like they are preparing us for a date...Saying to put less demand in dollar and more on dinar so...the value of dinar will increase. They are telling the private sectors to get away from dual currencies. FRANK: That's basic economics 101...the 2nd and 3rd stage of the monetary reform is showing you to use only your currency and to hold on to it because it soon will have more value...And then when it floats internationally it will really go up...1 to 1 will be your purchasing power.
MELTDOWN: The Economy Is BREAKING FASTER... Undeniable PROOF! Important Updates.
Greg Mannarino: 3-1-2023
SILVER ALERT! JP Morgan Opens HOUSE Silver Vault to Bail Out BofA's Toxic Silver Leases!
(Bix Weir) 3-1-2023
After 2 years of NO MOVEMENT from the JP Morgan house owned silver vaults, today JPM delivered 3.5Moz of Physical Silver to bailout Bank of America's Structured Silver Lease at the end of lease!
How much more Physical Silver does BofA owe?....A LOT!!
Lynette Zang and Andy Schectman Wednesday 3-1-2023
Gold Demand Hits 55-Year High As Recession Signals Flash Red
Lynette Zang: 2-28-2023
Guess what's rearing its ugly head again? That would be more inflation.
And guess what's happening with interest rates?
I'm going show you that plus I'm going to show you why this is not going to be any kind of soft landing, but that this whole monetary system has to and is already in the process of resetting.
Gold Demand Hits 55-Year High As Recession Signals Flash Red
Lynette Zang: 2-28-2023
Guess what's rearing its ugly head again? That would be more inflation.
And guess what's happening with interest rates?
I'm going show you that plus I'm going to show you why this is not going to be any kind of soft landing, but that this whole monetary system has to and is already in the process of resetting.
Chapters:
0:00 Inflation & Interest Rates
1:17 Global Yield Curve Inversion
5:54 Personal Consumption Expenditures
13:03 Corporate Profits
14:41 Four Horsemen of Apocalypse
19:03 Bankruptcies on the Rise
23:23 Central Bank Gold Demand
If One Bank Falls, They All Fall | Andy Schectman
Liberty and Finance: 2-28-2023
If the financial system comes down, not only will the banks be affected, but insurance companies will be too, says Andy Schectman, CEO and president of Miles Franklin.
Holding precious metals is a way to hold wealth outside the system as your own insurance in case there is a collapse.
Perhaps it is for this reason that massive amounts of gold and silver are being removed from the major exchanges such as the LBMA and COMEX.
INTERVIEW TIMELINE:
0:00 Intro
2:33 Banking system
11:48 FDIC
Goldilocks, Nader and more.....Saturday 2-25-2023
Goldilocks and Seeds of Wisdom
Thank you R.J.:
R.J.: Good morning Dinar Recaps,
Goldilocks posted a commentary and link this morning:
Goldilocks: "His Excellency discussed ways of coordination and procedures between the Central Bank and the concerned agencies, and defining roles and tasks in light of the directives of the Commander-in-Chief of the Armed Forces."
"The transfer of cash (in dinars and dollars) and any other currencies is permitted inside Iraq for all natural and legal persons, including banks, exchange companies, mediation companies in the sale and purchase of foreign currency, and their branches in all governorates."
Iraq is beginning to coordinate procedural guidelines for the purposes of exchanging foreign currency denominated in US dollars, and now, other countries.
Goldilocks and Seeds of Wisdom
Thank you R.J.:
R.J.: Good morning Dinar Recaps,
Goldilocks posted a commentary and link this morning:
Goldilocks: "His Excellency discussed ways of coordination and procedures between the Central Bank and the concerned agencies, and defining roles and tasks in light of the directives of the Commander-in-Chief of the Armed Forces."
"The transfer of cash (in dinars and dollars) and any other currencies is permitted inside Iraq for all natural and legal persons, including banks, exchange companies, mediation companies in the sale and purchase of foreign currency, and their branches in all governorates."
Iraq is beginning to coordinate procedural guidelines for the purposes of exchanging foreign currency denominated in US dollars, and now, other countries.
This is truly a monumental period of time in Iraq's history as they begin to move towards rejoining the global economy inside a digital asset-based trading system.
This shift back into the global economy carries with it market risks across all sectors including Forex.
Stand Strong.
© Goldilocks
https://cbi.iq/news/view/2247
~~~~~~~~~~~
Goldilocks posted an article with commentary:
The SEC Proposes Regulation Best Execution
https://www.jdsupra.com/legalnews/the-sec-proposes-regulation-best-7325956/
"As proposed, Proposed Reg Best Ex consists of three rules: (1) Rule 1100, which sets forth “the best execution standard”; (2) Rule 1101, which requires policies and procedures; and (3) Rule 1102, which requires an annual report."
In the West, we now have a set of rules and guidelines over here for best execution of cross-border international trading such as foreign currencies.
These guidelines are for brokers and customers seeking to transact such services. It is for the purposes of "execution regulatory framework for brokers, dealers, government securities brokers, government securities dealers and municipal securities dealers."
As you can see, standards are being set inside a new Global gold-mandated Nation. As we have said before, a "gold standard" is far more than just changing the price of gold. It is changing the way we do business as well.
This is why March the 20th 2023 is such an important day in the history of humanity. It marks a change in the way that we do business and synchronizing global banking procedures in a way that will allow us to leave no one behind.
It is truly a gold standard of behavior that marks a sense of responsibility to enhance a better way of life for everyone.
© Goldilock
https://t.me/+YU9UrHLxFbszOTJh
https://www.seedsofwisdomteam.com/goldilocks
Thank you Dinar Recaps
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Courtesy of Dinar Guru
Frank26 What is the rate that they will leave their borders and be done with the internal float? 1 to 1. How long will it float externally into the markets in the currency reform? I don't know. 'I don't care.' Why? 'I only have a million dinar.' Oh. 'I care' Why? 'I have a lot of dinars.' For those of you that have a lot of dinars that are going to be paying attention to this next phase - It will be well managed and well controlled in the float...
Mnt Goat There is some amazing news and it falls directly in line of what we should be expecting at this point in time. We all should realize by now the IQD is no longer pegged to the dollar...When I reviewed the Dr. Shabibi 2011 plan of the process to reinstate the Iraqi dinar...that part of the process would be to de-peg for the dollar then watch for inflation...This period of adjusting for inflation could take a few days, weeks or even months...We must now settle down and relax while we watch the process play out.
ALERT! Silver Riggers Head for the Hills & the Silver "Roota Lives!" Coin is BACK!!
(Bix Weir) 2-25-2023
The COMEX March Delivery month for Silver is shaping up to be the smallest in a LONG, LONG time! It may not look like it right now but by Tuesday they will whittle it down from 88M oz down below 30M oz or even below 20M oz which would be a huge low for the usually popular March delivery month!
You can see them PANICKING to get OUT of their Silver Short Contracts!
WHY is this happening? THEY DON'T HAVE THE PHYSICAL SILVER!!
"Everything Bubble Collapse-25x More Capital Into Gold" Mike Maloney
Mike Maloney: Everything Bubble Collapse - 25x More Capital Into Gold
Palisades Gold Radio: 2-24-2023
Tom welcomes the well-known and accomplished sound money advocate Michael Maloney to the show.
Mike discusses the outstanding professionals he works with to create Hidden Secrets of Money, which has done very well on YouTube, with the fourth episode having reached ten million views.
He details how modern banks simply imagine money into existence with loans.
Mike discusses the important distinctions between currency and money. Currency cannot store value over long periods of time, whereas honest money, like gold and silver, maintains its purchasing power.
Mike Maloney: Everything Bubble Collapse - 25x More Capital Into Gold
Palisades Gold Radio: 2-24-2023
Tom welcomes the well-known and accomplished sound money advocate Michael Maloney to the show.
Mike discusses the outstanding professionals he works with to create Hidden Secrets of Money, which has done very well on YouTube, with the fourth episode having reached ten million views.
He details how modern banks simply imagine money into existence with loans.
Mike discusses the important distinctions between currency and money. Currency cannot store value over long periods of time, whereas honest money, like gold and silver, maintains its purchasing power.
For the last 5,000 years, the predominant medium of exchange has been precious metals. The period of the 1970s was the biggest bull market for honest money, and we are overdue for a similar period.
Currencies are constantly devalued by creating more units of them, which is inflation, and they make poor measurement tools for value.
Various asset classes move in long-term cycles, and we're approaching another bull period for gold and silver; we've been stuck in a difficult mid-cycle correction since 2011.
The Federal Reserve creates currency when they decide to purchase an asset. However, they are only allowed to buy in the open market; this was supposed to create price competition.
Their open market, however, is different than the public's. They use the primary dealer investment banks and brokerage houses around the world. These are not banks in a conventional sense.
He discusses the concept of currency units per person, and the idea that currency has to end up somewhere and inflate some asset class. Low interest rates create more currency due to the increased uptake in loans. This, coupled with direct stimulus, means someone has to repay this new money eventually.
It used to be possible to borrow and increase GDP, but this is increasingly difficult today. This was back when real businesses were being built, but as a society, we've increasingly gone into debt.
We've reached the point of no return where we can't borrow ourselves into prosperity.
Central banks are increasingly buying gold, particularly the eastern banks in China, India, and Russia.
Mike discusses recent changes in gold buying by the United States during the pandemic and how the U.S. has now returned to being a net seller of metals.
Whenever the middle-class becomes impoverished, we see political risk. Gold and silver is the only thing you can buy that doesn't entail counterparty risk.
If you don't already have metals as insurance, you may find it impossible to obtain in a crisis. He explains why a lot of money is going to chase after gold and silver during the next bull market.
Time Stamp References:
0:00 - Introduction
2:43 - Banks & Money Creation
5:17 - Currency Vs. Money
10:35 - Price Vs. Value
16:22 - Money Printing & Theft
23:43 - Bernanke & Responsibility
31:22 - Treasury Remittances
35:55 - Doppelganger Dollars
47:12 - Gold & Silver - New Book
49:05 - Reverse Robinhood
49:57 - Socialism & Division
54:50 - Almost Everything Bubble
59:00 - Excessive Taxation
59:56 - Currency Units & Inflation
1:04:30 - Budgets, Taxes, & Crisis
1:09:05 - Solutions & Smart Money
1:14:40 - Gold in a Crisis
1:26:40 - More Book Details
1:28:20 - Wrap Up
Talking Points From This Episode
- Modern banks can imagine currency into existence with loans, but it cannot store value over long periods of time, whereas honest money like gold and silver maintains its purchasing power.
- The Federal Reserve creates currency when they purchase assets, but this new money must eventually be repaid.
- Gold and silver is the only thing you can buy that doesn't entail counterparty risk, and it is expected that a lot of money will chase after it during the next bull market.
Francis Hunt and Andy Schectman Friday 2-24-2023
Reset Ahead: Controlled Demolition Of Assets | Francis Hunt
Liberty and Finance: 2-24-2023
March 2020 was the turning point for debt markets. Francis Hunt says the bond market bull is over. Extremely high rates are possible, even worse than in the Volcker era, says "The Market Sniper" Francis Hunt.
He believes the elite's goal is to remove assets from the people.
What mechanism will accomplish this? High interest rates will allow wealth confiscation from anyone in debt. "If you spike that interest rate, you can force people out of their assets."
Staying out of debt and leverage is imperative, he says.
Reset Ahead: Controlled Demolition Of Assets | Francis Hunt
Liberty and Finance: 2-24-2023
March 2020 was the turning point for debt markets. Francis Hunt says the bond market bull is over. Extremely high rates are possible, even worse than in the Volcker era, says "The Market Sniper" Francis Hunt.
He believes the elite's goal is to remove assets from the people.
What mechanism will accomplish this? High interest rates will allow wealth confiscation from anyone in debt. "If you spike that interest rate, you can force people out of their assets."
Staying out of debt and leverage is imperative, he says.
0:00 Intro
1:30 Gold/silver ratio
13:45 Debt collapse
27:25 Real estate
32:00 The Market Sniper
How Gold & Silver Protect YOU | Andy Schectman
Soar Fiancially: 2-24-2023
The Great Financial Reset is upon us - in part 2 of our conversation with Andy Schectman, we discuss how gold & silver prepare you for the upcoming shake-up. Pay close attention!
"Will You Sell Your Silver For Fiat?" David Morgan
Will You Sell Your SILVER For FIAT? | David Morgan
Liberty and Finance: 2-23-2023
If the prices of gold and silver rise significantly during a currency crisis, will you want to sell your metals for paper currency? Many people wonder if it would be prudent to exchange their precious metals - real wealth - for depreciating Dollars.
David Morgan, the "silver guru" and founder of the Morgan Report, shares insight into how people may be able to use their metals during a collapse in the value of paper currencies.
Will You Sell Your SILVER For FIAT? | David Morgan
Liberty and Finance: 2-23-2023
If the prices of gold and silver rise significantly during a currency crisis, will you want to sell your metals for paper currency? Many people wonder if it would be prudent to exchange their precious metals - real wealth - for depreciating Dollars.
David Morgan, the "silver guru" and founder of the Morgan Report, shares insight into how people may be able to use their metals during a collapse in the value of paper currencies.