Ann: Bowdens Silver Achieves Final Development Approval, page-144

China’s way of telling us that the USD and all that rides on it is doomed sooner rather than later.


Xi said to Putin, on 21 March 2023, after their historic meeting in Moscow, "Right now there are changes — the likes of which we haven’t seen for 100 years — and we are the ones driving these changes together," Xi said, to which Putin replied: "I agree."

(source)
https://youtu.be/bEpTRr7QcWg

What more could a holder of SVL wish for?
To understand what this means keep reading.

Those few who benefit from the current system will fight to the death ( letting the using the "useful idiots" die in their place ) to keep the current system, as is self evident.

War by other means is happening now.

Sun Tzu: "win without fighting."

Geo-economic, geostrategic, and geopolitical instruments are being used primarily by Russia and China to promote and defend national interests, and to produce beneficial geopolitical results for most of the world’s population who have suffered under US control since the end of the second world war. And before that the British Empire called the shots.

Russia and China are simultaneously protecting their currencies linked to real goods, oil, gold, silver, and commodities while the US is in crisis mode with rising debt, a political stalemate over the raising of the horrendously overblown debt-ceiling, and all these Trillions denominated in a currency nobody wants. The perfect storm.

I'm preaching to the converted, perhaps, but context is paramount.

SVL: the long awaited final approval causing much doubt and angst has come and gone just as I had predicted. I've no crystal ball but basic logic applied to the process and the top shareholders' capital already committed such as HSBC made my angst go away. Nothing is sure in life except death, taxes, and greed. And who in NSW doesn't love the revenue silver will bring in; a monetary metal with value far exceeding industrial.

As commented in my past posts the main driver is always the price of silver. Monetary demand. Silver is joined at the hip with gold. I bought De Grey ( junior gold miner in Western Australia ) in 2020 for 0.34 cents.Look at the share price now. Gold price driven.

The much anticipated Approval did not move SVL shares as some expected. Disappointing? The big money is still buying bonds and dollars. Metals and miners are not in favour but this will soon change. SVL is now set up to add value from all the fear that will set the herd running to safety in metals in the ground; miners. There's not enough above ground to satisfy the coming demand, and no supply pushes prices to the stratosphere. The overnight silver price on Tuesday was up about a buck or 4.3% on the previous day and had the same effect on the shares as the news of approval which says to me the spéculateurs are running up the price, trading the sentiment as silver itself rises. FOMO and greed and trading algos are a potent mix.

So what happens now?

I'll tell you when inflation and the price of oil is so high that neither the Fed or the US Treasury can do anything with the US debt except inflate it away. Inflate and die. Hyperinflation as the currency is debauched to oblivion. Million dollar milkshakes; bye, bye, USD. China needs to sell all US debt, while a dollar can still buy something. That's whyChina continues to dump dollars for gold at an accelerated rate.

Now why is OPEC+ cutting production?

OPEC+ are assisting China ( and Russia ) to push the US off the cliff faster as the 2023 financial crisis is just getting started with the banks. And all western banks are interconnected by one key factor: all their assets liabilities and derivative positions are denominated in USD or a currency dependent on the survival of the USD. The USD only has value if it is wanted for trade.

The US used the demand for dollars to buy anything it liked for free.Oil as energy is the lifeblood of all economies. Without it nothing happens. Those who control the flow of oil control everything, provided they can trade value for value, goods for goods, not empty paper promises.

Putin said in a landmark speech in June 2022, that why would countries trade real goods and commodities for worthless bits of paper?

Why would Russia and China as part of BRICS+ want to help their arch enemy, USA, whose stated goal is to destroy both Russia and China using their soon useless dollar as the only way to fund their wars?

Decapitate the USD and the US is beaten. In fact the US is doing a good job all by itself.

Oil had to be priced in USD, but that "exorbitant privilege" is now ending. Now that the petrodollar is fast becoming the petroyuan, the US has run out of free money. Their credit card has expired. The fuse of the debt-bomb was lit in 1971, with no gold backing a USD. Mao started the rise of China then. You can't say they don't plan ahead.

Why has Russia and China amassed 60,000 tonnes of gold in the last few decades?

(source)

They sell none. Unlike stupid Australia who sells all of 330 tonnes of production each year for the past ten.

Fast forward to the 2008 financial crisis. Then 15 years of can-kicking since. On the way the planned-demic cover for a few more trillion of computer generated "money" kept the coke-addicted financialised economy going a bit longer, then 2022; blow-back of sanctions, weaponised dollar boomerangs, BRICS+ gather the rest of the non-western world, or 80 percent of the world’s population, to tell the US at last, to f* off, and leave us alone.

Especially after 52 years of hell with the US exporting mostly paper notes for real things and bombing the f* out of the non-compliant, or killing those unwilling leaders.

You should know how this story ends. You're watching it in real time. Congratulations for staying alive to see it!

Don't forget to exit your position in SVL before everyone else.

Let's hope the AUD will still buy something by then. Or maybe Mr McClure will offer to convert shares into ounces of silver?An ounce per share perhaps? Imagine what an ounce of silver will get you when there's only a totally real and free market. There's decades where nothing happens and there's weeks where decades happen.