Joel thanks for weekly reviews/analysis .. not sure data means much but like the way you cross match divergent data sources to anecdotal quotes/info etc .. it's all part of boiling the kettle in many minds .. wouldn't mind a bit more comparison to the many political/financial activities happening down in your area as I suspect most economies are in some ways a reflection of all at different stages of their destruction ? lets hope that economic collapse comes soon as I'd like to be around for the next incarnation of Bretton Woods .. enjoy the weekend sessh/malbec!
One has to ask oneself, why are all central banks stocking up on gold like China and Russia have been doing for many past years? Could it be the World Bank wants to base our future world CBDC on the gold standard? Just maybe raising the price to well over $20,000 an ounce to pay off the old debt? Hey, you never know, and still a great time to buy the pretty yellow metal 😊
The reserve of gold by centrals bank 2,35 trillions or 1% .
20.000 usd an ounce will make it 10 % collateral
But some countries have more than other in proportion or the debt plus some countries haven’t audit for decades ... who know if that part of the lie too
I often have to remind myself that central bank activities are not always the smartest. Think bank to England’s Brown Bottom for reference. We probably still need to do our own homework and come up with our own conclusions.
Pete: Not true. Election was fair. Republicans just can't stand to NOT win. They had their day and Lost. They should really get over it! Trump was not a good candidate.
Well, it was close to my understanding and I'm not ever 100% sure of anything. But it would not surprise me the least that the election tipped in favour of Biden.
Elites love the chaos and insanity they cause, look at 2020 and all the riots in our nation. Think those were just caused by a couple of thugs being killed by police, or a well organized distraction caused by our peaceful Elite 🤔
Yes bro, all communist organizations in BLM/Antifa/democrats are owned by the Elite, along with the media that promotes and instigates the mentally deranged voting base 😊
Couldn’t agree more bro! And when you follow the money, China has so much influence on all the corrupt departments in our nation. Most are starting to wake from our deep sleep, but the Woke are the whores that are bought and paid for, and as long as our banks, Hollywood, sports, education and especially media are backing America’s destruction, the battle will be lost. We need to boycott and fight each area that has been corrupted for many decades. Don’t know if we’re too late, but have to organize and try. It all starts on your local level. Worth the time my brother 🇺🇸🇺🇸🇺🇸
I cant believe the enormous problems. And while the CBs were complicit in all this, it makes for a great oppurtunity to shift and support DEI and ESG WOKE delusions. Supporter's in this mad twisted thinking are walking straight into the gas chambers. If you know what I mean?
Joel thanks for weekly reviews/analysis .. not sure data means much but like the way you cross match divergent data sources to anecdotal quotes/info etc .. it's all part of boiling the kettle in many minds .. wouldn't mind a bit more comparison to the many political/financial activities happening down in your area as I suspect most economies are in some ways a reflection of all at different stages of their destruction ? lets hope that economic collapse comes soon as I'd like to be around for the next incarnation of Bretton Woods .. enjoy the weekend sessh/malbec!
One has to ask oneself, why are all central banks stocking up on gold like China and Russia have been doing for many past years? Could it be the World Bank wants to base our future world CBDC on the gold standard? Just maybe raising the price to well over $20,000 an ounce to pay off the old debt? Hey, you never know, and still a great time to buy the pretty yellow metal 😊
The governments debt is 235 trillions of usd
The reserve of gold by centrals bank 2,35 trillions or 1% .
20.000 usd an ounce will make it 10 % collateral
But some countries have more than other in proportion or the debt plus some countries haven’t audit for decades ... who know if that part of the lie too
Hi Juan -
Excellent points. However, I would not be so quick to assume the amount of physical Gold "Held in Reserve" actually measures up to what we are told...
Neither do I , exception in Switzerland, the government audit it through an independent institution . Enjoy the Super Bowl
I often have to remind myself that central bank activities are not always the smartest. Think bank to England’s Brown Bottom for reference. We probably still need to do our own homework and come up with our own conclusions.
Brown's Bottom ! Boy! was that a bonehead move or what ? CB leasing? The question is, who's gold was it?
Not Gordon Brown’s that’s for sure!!
Agreed
If true, thats disturbing
Pete: Not true. Election was fair. Republicans just can't stand to NOT win. They had their day and Lost. They should really get over it! Trump was not a good candidate.
Well, it was close to my understanding and I'm not ever 100% sure of anything. But it would not surprise me the least that the election tipped in favour of Biden.
Elites love the chaos and insanity they cause, look at 2020 and all the riots in our nation. Think those were just caused by a couple of thugs being killed by police, or a well organized distraction caused by our peaceful Elite 🤔
Though ultimately organized, funded, trained and maintained by the Elites with the 𝗙𝗨𝗟𝗟 𝗕𝗟𝗘𝗦𝗦𝗜𝗡𝗚 𝗔𝗡𝗗 𝗦𝗨𝗣𝗣𝗢𝗥𝗧 of our traitorous FBI and DoJ.
Those pre-positioned pallets of bricks don't buy themselves y'know...
Yes bro, all communist organizations in BLM/Antifa/democrats are owned by the Elite, along with the media that promotes and instigates the mentally deranged voting base 😊
Well, if by elite you mean often wealthy and generally disconnected decision makers then yeah, elites. Oh, hold on that’s exactly what you were saying
Couldn’t agree more bro! And when you follow the money, China has so much influence on all the corrupt departments in our nation. Most are starting to wake from our deep sleep, but the Woke are the whores that are bought and paid for, and as long as our banks, Hollywood, sports, education and especially media are backing America’s destruction, the battle will be lost. We need to boycott and fight each area that has been corrupted for many decades. Don’t know if we’re too late, but have to organize and try. It all starts on your local level. Worth the time my brother 🇺🇸🇺🇸🇺🇸
I cant believe the enormous problems. And while the CBs were complicit in all this, it makes for a great oppurtunity to shift and support DEI and ESG WOKE delusions. Supporter's in this mad twisted thinking are walking straight into the gas chambers. If you know what I mean?
"Hunted like rabbits" hahaha
Reminds me of the Law - those in it and those outside the law reduced to that of rabbits.