TSXV:MARV - Post Discussion
Post by
moneywagon on Mar 17, 2023 1:33pm
GREAT POST TO BITE INTO WHILE GOLD JUNIORS PAY TIENTLY WAIT
@anklesprain @7Reasons .. huge topic: for staters lack of faith in the $US by individual states is most problematic and will only add momentum to dethroning the $US as a reserve currency... also, for every ounce of gold 'owned' on deposit, there are up to 300 claims. Now think of all the gold global central banks have been buying ... Also, it is suspected that, not only is there no gold in the U.S. treasury. According to Andrew Maguire on Thursday, there is a $70 trillion paper hedging mechanism market underlying all this .... forcing gold delivery into an undeliverable COMEX spot contract market threatening the daisy chain of 'too-big-too-fail taxpayer funded banks ... underpinning these unregulated bilaterally settled bets ... … which triggered the exit of many second tier banks … that no longer wanted to supply liquidity to this market … this 2023 inflection point physical to paper short is occurring into a foreign exchange gold market ,,, for the first time since Nixon closed the gold convertibility window in 1971 …. These foreign exchange gold transactions have to be backed with physical deliverability … PLUS; the bullion now being benchmarked for delivery at the London bullion fixes is permanently exiting the LBMA cartel ring fence flowing on a one way journey to competing Central Bank coffers … this eliminates the cartel’s ability to borrow and lease out the bullion to officials with unlimited paper thus adding the paper fiat to the point where they over run the speculators … this constrains the decades long obscure the real true supply/demand data … plus the physical gold is already flowing into the Russia/China mandate to ultimately dedollarize the commodity trade … a plan to integrate weaponized gold to back a new global trade settlement currency … dedollarizing 2/3s of the global commodity trade will affect the above Cartel tool .. since they can’t continue to sell gold into this grossly leveraged scheme … forcing the paper price to go below global Central Bank physical demand … so this gold is not circling back into the Cartel’s paper to price physical offset … for the first time since 1971 … constraining them from leasing out the gold in sufficient size to power their directionally motivated leasing activities … less and less gold/borrowed into higher and higher leverage … note that it is only $US gold that is being capped re all other currencies … this is the death knell for the $US and it is unipolar ... 2
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