A senior investment (Canaccord) advisor provides the best explanation for the difference in gold prices (US versus China)

US priced is based on paper gold selling (gold futures on COMEX)

China gold prices are connected to physical trading ..

The ‘price discovery’ (what’s the real price for gold) seems to have started to move from West to East

Highly significant development, never happened before as far as I can remember ..

https://twitter.com/ijcarrasco/status/1702269311941784036

This could lead to the start of the long awaited revaluation for (manipulated) precious metals

JP Morgan 2023 Outlook Global Tightening

Shortages in (physical) copper markets

‘Codelco, world’s biggest copper miner, has proposed a premium of $140 a tn for 2023, a 33.3% increase

The proposed premium is paid on top (LME) prices for physical delivery of copper cathodes into China, the world’s top copper consumer’ ‘Last month, Codelco raised its premiums for sales to Europe to a record $234 a tonne for 2023, up 83% from 2022.
That comes against the backdrop of rising production costs amid soaring energy prices and tightened supply, with consumers shunning metal from Russia’

The amount of climate fear-mongering is INSANE

Today on Dutch national radio an expert warned, the Dutch would be the first climate refugees in Europe

Sea levels have been rising constantly only 2 mm per year, for over 150 years now. No change what so ever

Stop the madness

🧵 Over the last 400 years we build a financial economic system, which was and still is very beneficial for us in the West .. First we started to trade, than to colonize, using our naval and military skills to suppress most of the rest of the world (RoW)

World Gold Council:

Gold demand in Q3 was 28% higher y-o-y at 1,181t. Strong consumer demand and central bank buying drove the recovery ‘Central bank buying reached a quarterly record in Q3. It was also the eighth consecutive quarter of positive net demand’

New Dutch law being prepared:

Banks need to monitor ALL payments from 100 euro

This is probably connected to the planned CBDC’s, where small payment still will be anonymous, while larger will ALL be registered and monitored More details ..

tweakers.net/nieuws/198722/…

It’s all going to unfold …

#reset Why?

It was all set in motion with the fall of Lehman in 2008

China, Russia understood the US couldn’t just act like all was just fine. The foundation for the $-system had been under pressure since the 1960’s when the US lost half of its gold to Europe, which led to collapse ..

HUGE

China’s official Foreign Ministry spokesman, with 1,5 mln followers, started an anti-US tweet-storm this week

A huge change to the non-confrontation-strategy of recent decades ..

The gloves are off .. and the peace dividend is gone It’s Over Now

After 77 years of US/Western hegemony, we in the west will have to get used the world is no longer willing to listen follow our preaching ..

BRICS & friends are preparing their own systems now ..

Credit Suisse is calling it the start of Bretton Woods 3.0

Finally found it:

The Middle of Nowhere

#Yukon #WRNcamp Western Copper and Gold, the Casino project (copper-gold) $WRN

Proud member of the Sourtoe Society now 😁

eu.usatoday.com/story/travel/d…

#Dawson #Yukon No fine today ..

Dawson City was the heart of the Klondike gold rush in the 1890’s

Nowadays almost empty streets, which are still not paved .. Dawson City

1899 2022

Entering a very dangerous part of the cycle ..

Getting very defensive personally ..

Main risk: CB’s losing control

#Crypto #JapanMMT #Fed Cash is King #shortterm

Strange, real strange:

#TeamSpirit

‘Graubunden canton police told Reuters that the WEF-police badge is an additional one redesigned every year by the region’s own emergency services.

“This serves the team spirit for use around the annual meeting”

reuters.com/article/factch… Police WEF Service

#WEF is a private club !!

Remember Peak Oil?

Via ⁦@DawesPoints⁩ Russian Oil Production

Fado time in Lisbon Restaurante Clube de Fabo

The Big/Great Reset

(…and the financial endgame)

Prepare accordingly..

https://twitter.com/kimdotcom/status/1525293982133407744

As pointed out in The Big Reset, the current system is unsustainable and ready for collapse..

However, a monetary reset is still a hopeful possibility (and being planned behind the scenes)

..although it might be a kicking-the-can-down-the-road approach (to buy a few more years)

Having a great dinner with some discovery investing friends in Cape Town, at the end of the first #MiningIndaba2022 day

@brandon_munro is our long term uranium guru .. finally met him in person tonight ..

https://twitter.com/brandon_munro/status/1523755294802980864

Some Canaccord friends after a few drinks .. Paul Howard (m), our best source in Australia

An 31-inch screen in the all-new BMW 7

Zoltan Pozsar (Credit Suisse) on the new Commodities Standard (Bretton Woods 3.0):

‘No use to accumulate more Paper Wealth’

‘Gold and Commodity stockpiles are part of these answers’ (to the Ukraine War)

‘From Just in Time to Just in Case commodity deliveries’ All quotes from this podcast: The Roundtable Insight - Zoltan Pozsar & Yra Harris on the Economy, Fin ...

'The U.K. government has announced plans to reduce the UK's reliance on oil and gas by building as many as 8 new nuclear reactors, as part of its new energy
strategy. The aim is that by 2050, up to 24 gigawatts (GW) of electricity will come from nuclear - 25% of the UK's demand' The government says it wants to deliver up to 8 reactors overall, with one being approved each year until 2030. Currently, 6 plants can supply about 20% of UK electricity demand, with 15% generated in 2020'