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The Coming Financial Sentinel Event


MyLadiesDaddy
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The Dollar drops 

 

 

 

 
 
 
 
 
 
 
DXYU.S.: ICE Futures U.S.
 

U.S. Dollar Index (DXY)

OPEN
Last Updated: May 18, 2021 at 4:03 a.m. EDTDelayed quote

89.86

 -0.31 -0.34%
PREVIOUS CLOSE
90.16
12am8am

IMG_20210518_031203.jpg

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To do this in today's economic environment is impossible. Reality is that this movement requires BILLIONS of dollars in fake contracts. 

These people at J.P. Morgan are pure STUPID. When this thing blows it's gonna destroy everything in the Banking Ponzi scheme. 

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Silver Price 

 

May 21, 2021 12:41 NY Time
US Dollar
27.28Bid
27.38Ask
High: 28.17Low: 27.14
-0.45
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Basel III Could Be Gold's Best Friend

On the 28th June 2021 Basel III will change the spectrum of how Gold is valued. This event has been described by some precious metals analysts as the most significant in their careers. So what is it exactly, and how will it change the world for Gold and precious metals investors? 
  
Back in 2008 Lehman Brothers collapsed. They were too big to go down some said. They will be bailed out most said. They weren’t. They fell over. In essence this was due to overleveraged positions, reckless lending, and fudging financial reports. Such was the impact and subsequent recession and to prevent a repeat, some stringent regulations were brought in across the banking and financial sector. The Basel accords were principally designed to enforce better security against lending.  
  
So what does this have to do with Gold? Well, quite a lot actually. Since the dawn of man, Gold has been money and has been used to purchase goods and services, traded and stored as wealth. Central banks around the world hold it and use it as security as it was recently reclassified as a Tier 1 asset. However physical and paper Gold are traded very differently. This is about to change. 
  
Most of us have likely fallen foul of price manipulation in paper gold and silver as precious metals investors. For years some banks have used their powers to slam the paper price via naked shorting and spoofing. Some of the big boys have been found guilty too and fined.

But it still happens because sadly the penalty hasn’t been commensurate to the crime and does very little to discourage the huge profits these big boys make from this illegal activity. So why are they doing it and who stands to gain?

Well if you require a lot of silver to sell for industrial use (which the world needs even more so with the new Biden green plan) and if you want to fill your vaults up with cheap Gold. Whilst agonising for traders, alas those days may be coming to an end. You see under Basel III rules, banks require a provable 1:1 ratio of physical gold. This changes everything.

If unallocated paper gold will soon be incredibly risky and incredibly expensive (bearing in mind the haircut from current levels) then this could be the end of the naked shorting and manipulation we have seen over the years. The London Bullion Market (LBMA) for one have been pushing back and trying to delay this rule change stating it could be the end of some banks. 
  
All this paints a very curious picture when we look at recent price action in Gold. When viewing the highs of mid 2020 at just under $2100 to the present day at around $1800 one has to wonder why; particularly as other major commodities are posting multi year highs.

The Royal Mint recorded an over 500% increase in Gold buying in November and December 2020 compared to the previous year. Silver premiums are at over 50% in the UK.

Physical is becoming more expensive yet futures prices of Gold are plummeting. Whilst no doubt lessons have been learned from the crash in 2008 it would be both naive and foolish to think Wall Street wouldn’t be looking at every possible opportunity to cut your head off if you have gold teeth. With trillions being printed in the US, loose monetary policy across all the world’s central banks, very low interest rates, inflation on the horizon, geopolitical worries, and the dollar being destroyed, why isn’t Gold – a breeding ground for the aforementioned macros – going to The Moon? The answer may be staring us in the face; and getting closer by the day.  
  
So this prompts a quantum of very, very serious questions: Has the Gold price been manipulated down while banks (who have had years to prepare for this upcoming date) load up on cheap physical Gold before the approaching Basel III deadline? Have China been involved as they now have a rumoured stockpile bigger than the US and do they plan on using their massive Gold surplus to back their new digital currency? Will the Comex be able to cope with this additional physical demand especially if delivery is enforced and not the current “get out of jail free” premium monetary settlement? And more importantly, could this lead to a “minimum” price for Gold as banks look to use the new valuation to swallow up their huge debt, therefore leading to higher Gold prices? Why wouldn’t they want the price of Gold to sky rocket if they could use it to refinance? And what is a fair Gold price? $2100? $2500? $5000?

Is this in other words, the monetary reset that has been muted for years? More worryingly if these short positions are not gently unwound soon, could this lead to another Lehman Brothers scenario, albeit potentially on a bigger scale? 
  
Basel III could be a game changer yet it isn’t currently in the general windscreen view. I suspect the banks have a very good reason to keep it at arm’s length while they bleed every last penny out the system.  
  
So from 28th June 2021, Europe will no longer classify unallocated Gold as a Tier 1 asset. It has to be a provable 1:1 ratio which should lead to a physical Gold market. This just has to be viewed as bullish for Gold, and all other precious metals.

This could well be a turning point so expect huge volatility in the run up to what could be a permanent change in the landscape on how the oldest and still the benchmark of the precious metals is valued.

Last chance to load up on these price levels? It could well be. Excited? You should be. Let’s hope the banks have learned from 2008 and we aren’t heading for Lehman Brothers 2.0.  

 

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2 hours ago, Pitcher said:

banks require a provable 1:1 ratio of physical gold

My suspicions are that under any scenario set up by the Banksters themselves, ( Basil 3) has been designed for their benefit. I fear they will find a way around it. 

 

2 hours ago, Pitcher said:

More worryingly if these short positions are not gently unwound soon, could this lead to another Lehman Brothers scenario, albeit potentially on a bigger scale

Why be gentle? These Bastards have been stealing our wealth ever since the creation of the Fed. With the greatest Ponzi scheme in the history of the world. And any Corporation that has played along with that Ponzi scheme deserves to suffer along with the Banksters. 

 

This is what the Silver squeeze is all about. Pushing the Comex to the point of collapse. The repercussions of doing this will be CATASTROPHIC.

 

We don't need "Banking Reform", we need an entire new system.  And the people who enslaved the world with their Ponzi scheme need to be punished with EXTREME PREJUDICE.  

 

The only way that will ever happen is if you and I and everyone else buys as much physical Gold and Silver as is humanity possible. Because in doing this it will create so much MASSIVE SUFFERING for the rest of humanity across the board that they will DEMAND the change. 

 

Without such an event I fear we'll still be under the control of our Masters. 

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1 hour ago, ladyGrace'sDaddy said:

Why be gentle? These Bastards have been stealing our wealth ever since the creation of the Fed. With the greatest Ponzi scheme in the history of the world. And any Corporation that has played along with that Ponzi scheme deserves to suffer along with the Banksters. 

 

Couldnt agree more.  

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WATCH THIS 5 PLUS MINUTE VIDEO, after doing so if'n you have any discretionary funds left I'd bet good money you'll be buying more Silver and Gold. 

 

Also REMEMBER that this video is 4 years old. 

 

Watch "MUST WATCH: The Curious Case For $936 Ounce Silver" on YouTube

 

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4 minutes ago, ladyGrace'sDaddy said:

WATCH THIS 5 PLUS MINUTE VIDEO, after doing so if'n you have any discretionary funds left I'd bet good money you'll be buying more Silver and Gold. 

 

You are preaching to the choir LGD.  I’ve been stacking since 2008 after a Banker friend told me to do so.  

 

Thank you for the vids and articles/tweets

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58 minutes ago, Pitcher said:

 

You are preaching to the choir LGD.  I’ve been stacking since 2008 after a Banker friend told me to do so.  

 

Thank you for the vids and articles/tweets

That was good advice for 2008. After all that I've learned in the last 18 months I believe that it was in 2008 when the entire system collapsed. The only way that they could keep the sheeple at bay was through Quantitative easing. Which has now metastasize to actual government checks to the sheeple. 

 

From 9 Trillion dollars to more than 30 Trillion dollars in debt. Just in the last 13 years and that's what they admit to. If you own precious metals what's around the corner will be AWESOME. Those who laughed at us, not so much. 

 

I say "Laughed" because that literally just happened to me this last week.  At the Dentist I asked if he would take Silver in payment and he actually laughed. Well he's not my Dentist anymore. As I left I thought, "in just a few weeks you won't be laughing ". 

 

Likewise, I used to have feelings of sadness for those who haven't bought into precious metals. Some people who are much more wealthy than I, then it hit me, Stupidity deserves to receive it's rewards.

 

Those actually believing that the current fiscal policies are not going to have severe consequences will suffer the most from their ignorance.  

 

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5 minutes ago, ladyGrace'sDaddy said:

That was good advice for 2008. After all that I've learned in the last 18 months I believe that it was in 2008 when the entire system collapsed. The only way that they could keep the sheeple at bay was through Quantitative easing. Which has now metastasize to actual government checks to the sheeple. 

 

My friend told me the entire Banking System was hours away from a total collapse.  Some of the things he told me were very disturbing.  I’ve bought my metals as a hedge for what might happen.  

 

A lot of my wealthier friends are buying hard hard assets like Gold, Silver, Real Estate, Art, Collectable cars and even rare bottles of Wine, Scotch, and Bourbon.  I tell them to buy some Cryptos and the say, “ huh, what’s that” 

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If you're questioning whether or not this thing is about to ABSOLUTELY GO PARABOLIC look at this and remember TOMORROW is the date for Silver contracts on the Comex. They simply cannot keep it down anymore. 

 

May 25, 2021 10:24 NY Time
US Dollar
27.92Bid
28.02Ask
High: 28.12Low: 27.42
+0.17+0.61

 

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This is The US Dollar Currency index, DYX, on a Daily Chart going back 1 year.  Currently sitting at 90ish.  In 2008 we went to 70.  Where would we be without QE.  I don’t think inflation will get too crazy because of Crypto but it is going to get real interesting when the Great Reset button is pushed.  

 

If for some reason the RV happens before the Reset you may want to think real hard about keeping your gains in US Fiat Dollar.  Gold, Silver, RE, Crypto is where I’m going if the RV happens first, JMHO.  

 

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