Thread/Thoughts on gold/silver:
- We all know we need a big/Great Reset
- A gold Revaluation should be part of it
- This will end decades of manipulation (paper selling)
- Just like the end of the London Gold Pool (physical selling) in the 1960’s
en.m.wikipedia.org/wiki/London_Go…
- We all know we need a big/Great Reset
- A gold Revaluation should be part of it
- This will end decades of manipulation (paper selling)
- Just like the end of the London Gold Pool (physical selling) in the 1960’s
en.m.wikipedia.org/wiki/London_Go…
- The London Gold Pool manipulation was needed to keep the gold price fixed at $35 per ounce, to support the dollar (Bretton Woods 1944 deal)
- Because of the Vietnam war the US needed to print too many dollars
- Many European countries asked the US to exchange dollars for gold
- Because of the Vietnam war the US needed to print too many dollars
- Many European countries asked the US to exchange dollars for gold
- The US had promised (BW 1944) the ‘gold window’ would always stay open
- After the US lost half of its gold (was 2200t) President Nixon decided to close this ‘gold window
en.m.wikipedia.org/wiki/Nixon_sho…
en.m.wikipedia.org/wiki/Bretton_W…
- After the US lost half of its gold (was 2200t) President Nixon decided to close this ‘gold window
en.m.wikipedia.org/wiki/Nixon_sho…
en.m.wikipedia.org/wiki/Bretton_W…
- So the (London Gold Pool) manipulation had failed and gold jumped from $35 to $880 (1980)
(Yep bitcoiners, that’s over 25X 😄)
- Now, the IMF had said we need a ‘New Bretton Woods moment’
- The current manipulation is ‘organized’ by (paper) selling (shorting) gold and silver
(Yep bitcoiners, that’s over 25X 😄)
- Now, the IMF had said we need a ‘New Bretton Woods moment’
- The current manipulation is ‘organized’ by (paper) selling (shorting) gold and silver
- Bullion Banks (Wall Street) are responsible for the paper selling
- They sell futures (paper gold/silve) on every rally, but need to cover once in a while
- That’s why raids/attacks on the price of gold and silver are executed once in a while (study 1/5/2012 and Y’day)
- They sell futures (paper gold/silve) on every rally, but need to cover once in a while
- That’s why raids/attacks on the price of gold and silver are executed once in a while (study 1/5/2012 and Y’day)
- So Bullion Banks can cover their shorts during the panic selling they created themselves
- China and Russia understood and have accumulated incredible amounts of physical
- Over 20.000 tons of Gold was send from W to East in the last decade
- China and Russia understood and have accumulated incredible amounts of physical
- Over 20.000 tons of Gold was send from W to East in the last decade
- They haven’t bought Bitcoin since both understand gold might be part of a Monetary Reset
- Insiders understand this as well and that’s why Bullion banks want to close their ‘short’ positions
- Best way to do that is in a wave of (current) panic selling at lower levels ..
- Insiders understand this as well and that’s why Bullion banks want to close their ‘short’ positions
- Best way to do that is in a wave of (current) panic selling at lower levels ..
- When this manipulation ends, as all manipulations do, expect a revaluation of gold (5-10x), just like during the inflation of the 1970’s
- Technical Analysis (Elliot Wave etc) shows gold bottomed early 2016. We are know near the end of the correction which started one year ago
- Technical Analysis (Elliot Wave etc) shows gold bottomed early 2016. We are know near the end of the correction which started one year ago
NB: Next week, August 15th will be the 50th ‘birthday’ of the Nixon Shock in 1971
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