With Fed Labors destructive -AG- policies now in full swing we now raise part of our beef herd
in the ranges. On a lighter note, often at dusk, 30+ red tailed black cockatoos land in giant fig
trees above a watering point. After the scout bird gives the -all clear- they swoop down for a
drink, its a sight to behold to see these birds in such numbers as they are in steep decline.
Our neighbor [Sam] in the next valley also a rare bird, discovered a gold deposit in an ancient
stream bed revealed by a land slide. With skillful extraction methods he does exceptionally
well from his lucky find.
In the early 1980s Sam [Geo] spent several years in Saudi Arabia with the dept of petroleum
and mineral resources when Yanami held the reins. [In 1975 Yanami and his counterpart the
Iranian oil minister were kidnapped by the 'Jackal'. Both ministers wanted to cut the Petro
dollar link. It failed, but both kept their 'heads'.]
During this period the Saudis had three major concerns [1] other OPEC producers opening
up a new oil exchange with euros [ Iraq and Libya]. The U.S. responded by hanging Saddam
Hussein as a 'warning'. Gaddafi also suffered a gruesome fate. Lesson? Don't mess with the
U.S. dollar.
****
Well,50 years later, the Saudis finally bit the bullet and joined the BRICS [Jan2/24] with the
VAE and four others who are 'quietly' cutting back their oil production. Saudi Crown Prince:
'We are done trying to please America'.
The Petro dollar is a dying ember of its former glory. Saudis now sell their oil to China with
settlement in Yuan that can be exchanged for Gold via the Shanghai Gold Exchange. The
BRICS don't need an 'official' gold backed currency [yet] all they have to do is - 'request'-
payment for their exports in Gold-and this is exactly what they are doing.
****
China now holds most of the worlds Gold. To date , 22,000T has been withdrawn from the
the Shanghai Gold Exchange [worlds largest] and 'hidden among the people' via 100,000
Gold outlets across China [State recorded] And that's just 'public ownership'-always more
to the story. The important parts.
****
The Federal Reserve System.
The 'Fed' is a private banking cartel, a private institution, hiding in Federal clothing, who print
and control the U.S. money supply. When the govt needs money this private institution buys
the 'bonds' [backbone of the financial system] the govt issues. All the important elements of
commerce are controlled by this private group. In the 'name' of the nation. [The U.S. govt
doesn't own one share in the Fed]
Founded in 1913,the Fed has always been in lockstep with the govt and together with central
banks, have created every boom/bust cycle over the last 110 years --by de-basing world
economies--monetizing money [out of thin air] -endless wars and whatever whim or swindle
is ordered by the Fed, govts and central banks will get behind.
EG: The green scam, renewables, food reduction policies,, CBDCs on and on.
****
Rick Rule.
The Fed money printing is in fact counterfeiting. I'm frankly delighted that there are 400 M
guns in private hands in America. I hope we never have to use them as we have so many.
Its easier for the govt [all govts] to 'steal' from us, QE for example. Recently the govt put
$200 million dollars into the banking system, they didn't borrow it they -' conjured' - it out
of thin air, if we did that we would go to jail. Many people think that their govt is protecting
them grom the Ill's of the banking system. Ill's that the govts cause in the first place.
[ The Fed now prints one trillion dollars every 100 days]
Hyperinflation is a word seldom used today-but it will.
****
The Feds Giant Ponzi Scheme staring everyone in the face-revealing the steady loss of
purchasing power of the 'fiat' they issue ....
Ounces of Gold bought for $U.S.1000 in 1913.
1913: $1000 bought 48/oz at $21/oz
1971: 28/oz at $35/oz [Gold window closed]
1999: 4/oz at $250/oz
2002: 3/oz at $300/oz
2023: 0.5/oz at $2000+/oz
****
For those who have difficulty with the "Hidden Tax" called inflation, the above is an example
clear and simple and applies to every purchase we make. And its what politicians and CBS
don't want you to see.
Henry Ford: 'if the public ever wake up to how the financial system works there will be a
revolution-before- dawn.'
****
With almost no regard for common sense the notoriously corrupt LMBA [London gold market]
which spends every waking moment using forward contracts to 'crush' paper Gold' is now
witnessing the BRICS new trading system using 'real' Gold as payment for commodities.
And Comex-nothing more than legalized fraud are 'standing for purchase'-real- gold instead
of paper and use JP Morgan/ Citi bank and their multi billion fines to keep the lid on the
physical gold price.
The BRICS must be watching with great delight as this trio+ scramble for the 'physical' while
dumping [Toilet] paper.
However, when central banks 'finish' their buying they will let Gold Run Hard ! At that point,
China will reveal its -true- gold hoard and the Shanghai Gold Exchange will become a Global
Casino that will take the Gold price to the Moon.
Summary:
The dollar Gold relationship is more critical than ever as 'paper gold' manipulators keep the
dollar from an enormous drop. [There is no such thing as a 'strong' U.S. dollar]
A rising Gold price is an indication of a -'Failing'- currency. By admission central banks have
suppressed the -true- price of gold. At the same time, [slowly at first] have been buying gold,
but are now -'staking-'gold at record levels--all the while Global gold production is 'falling' as
the majors are now buying their ounces rather than costly exploration.
There has been maximum pessimism in producing gold juniors [world wide] for some time.
This undesirable trait- 'precedes'- every Gold Bull Run. This one is no different. As history
shows the best investment opportunities set themselves up in this way. Accumulation of
juniors has been steadily going into hands of people who understand their extreme under-
valuation. So when one buys Gold/Shares it is a direct vote against a currency.
It will be a sobering moment when all the insane agenda of recent times comes to a head.
So based on the duration and gains of the previous Gold Bull Runs and the last 12 months
being the mania phase, laying bets on 2025/26- could be the best pay day of your life.
Go well, Hm
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.96M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 18.5¢ | $252.6K | 1.310M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 69800 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 104781 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 69800 | 0.190 |
4 | 234455 | 0.185 |
29 | 719764 | 0.180 |
8 | 196955 | 0.175 |
12 | 352235 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 104781 | 1 |
0.200 | 399092 | 5 |
0.205 | 272800 | 4 |
0.210 | 280000 | 3 |
0.215 | 103873 | 4 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
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