When will that point come ? Economy is rocking for now. Parties all over the place, Whole Foods Market choked with people, restaurants full i mean full beyond belief, highways packed with Mercedes, BMWs, Audis and $70,000 trucks with chrome wheels, white hot housing market, hotels full (see IHG stock), people throwing a deck of $1 $5 bills to strippers. There is not a trace of slow down anywhere you look. I take it back. My bad. Okay it's a slow down in gold/silver and crypto. These are down 50% but to me that's confidence in economy. Things can change but then we will switch gear. For now all A ok.
Physical silver and paper silver is the same thing. You can take deliveries of paper silver. Buy a contract and ask for delivery. If the deliveries were interrupted, yeah I would believe that there is manipulation. Currently there is no manipulation whatsoever.
<<< You can take deliveries of paper silver.>>> Not exactly. Every ETF is different. SLV physical silver is redeemable only by The Big Boys as per the wording on pg. 23 of the following document from Blackrock.
Quote from pg. 23:
"Deposit of Silver; Issuance of BasketsThe Trust issues and redeems Shares on a continuous basis but only in Baskets of 50,000 Shares. Only Authorized Participants, which are registered broker-dealers who have entered into written agreements with the Sponsor and the Trustee, can deposit silver and receive Baskets in exchange."
That keeps control of the ETF firmly in the hands of the power players and OUT of the hands of the little fish like you and me. I have to admit, I admire the way these jokers got this game rigged. I'm actually impressed by them.
I doubt that. People have been calling dollar's demise for the last 50 years and it only gets stronger. See the chart. If the FED prints 250 trillions, drops the dollar and everyone's wages are raised by 400% or something, we have effectively screwed Asia and Europe who own our debt. On the other hand if the FED stops printing and raises rates, it's over for America. I will move to Asia and live off the interest that sheeple here would pay. So I think the FED is doing great so far. This is the same game that Asia played on us by keeping their currencies down. ok fine. Now we are making them eat their own medicine. lol
I want the FED to print $250 TRILLION DOLLARS! Not necessarily so I can get some, but just so I can see what happens in the aftermath! Hahahahahahaahaaaaaaaa! 😃
I had asked here on this board - "describe how stopping printing and raising rate would help? Describe what happens to the markets, what happens to jobs, what happens to housing, insurance companies, pensions, interest on national debt and so on ..." Nobody has come forward to describe that scenario because they know what would happen. I expect starvation, mass riots and looting and anarchy if the FED raises rates.
Nothing will happen to the rich. Their asset prices will be slashed by 80% but they will still live well. Poor and middle class will commit suicide or die of starvation if the FED stops printing. Pensions would blow up instantly, bank accounts would be frozen, grocery stores would be looted etc.
no one is saying the printing will stop. it will not. what will happen is it's effectiveness will stop. and then hyperinflation and then end of petrodollar. all of this is already baked in. it's already here
this country is like a chicken who had it's head cut off that's still running around somehow. the game is up
It seems like you have not been to other countries. Other countries don't have a head, no leg either. There is nothing that can destroy the US dollar. Since 1971 people are talking about demise of dollar and the dollar remained the KING. I don't see anything changing. You can study history.
Give you an example of other countries. Watch what's happening in Afghanistan. What a fuked place that is. Soon it will blow up and will take down and whole bunch of Stans with it.
Europe has taken in whole bunch of these Stans residents. It's like throwing huge amount of shit on the fan in all of Europe's living room. Now they are talking about assimilating muslims and also burning Qurans. Good luck with DAT to Europe. Look what's happening in Sweden, France, Germany and you will understand that those countries are like chickens with no head and one leg.
Japanese have forgotten to fuk. they will remain virgins and die down.
Other than China, I see no one remotely challenging USA. Americans are so far ahead in AI that other countries have long disappeared in the rear view mirrors and the gap is growing exponential. While we are building data centers, AI, Quantum Computers, Europe is busy building mosques! They depend on us for protection from Russia and China. India is a third world shit hole. Who else left ?
The gap between the USA and the rest of the world in science and technology is widening at an alarming rate. Even China is far behind.
I think, no I am sure, that you are wrong. It has NOTHING to do with USA, Asia or Europe. From their point of view, everything is one. It's not Asia screwing America or vice versa. No, they are screwing us. They are going to drive inflation. Eventually they will pull the plug and the financial system will collapse. They are producing this problem on purpose. I'm not talking about a crash. I'm talking about collapse. The total collapse. But then they would look guilty for everybody. That's why we can expect a parallel event. In the past, it was WW1 and WW2, for example. I suspect this time it will be a worldwide cyber attack that will be presented to us as the cause and trigger. THEN they will present us the solution: a digital currency of central banks, probably including world government. This digital currency will be strictly controlled. For example, they might say you can only pay with it within 50 miles of your home. That would save the climate, it would curb the spread of viruses, etc.
Everything is digital even today. I don't remember when I last paid by cash. Nothing will collapse.
A few million who lost their money to women, or by buying everything on credit cards and paying 20% interest, or by paying 40% tips and so on, will become homeless and disappeared. That's about it. Survival of the fittest. In human, brain is more important than brawn.
Imagine the G7 meeting with all those evil leaders all having their orders to cremate our economies & liberties. A lot of people are waking up to the 'killer vax' so that will be annoying them. Big pharma needs to be making trillions.
Greg you look crisp and clean with no hangover. Either you don't drink or you recover pretty darn well.
they dumped nearly a trillion in one day into reverse repo ponzi and now talking about foing even more
at some point you need to stop calling it a market and just call what it is, largest scam in history
When will that point come ? Economy is rocking for now. Parties all over the place, Whole Foods Market choked with people, restaurants full i mean full beyond belief, highways packed with Mercedes, BMWs, Audis and $70,000 trucks with chrome wheels, white hot housing market, hotels full (see IHG stock), people throwing a deck of $1 $5 bills to strippers. There is not a trace of slow down anywhere you look. I take it back. My bad. Okay it's a slow down in gold/silver and crypto. These are down 50% but to me that's confidence in economy. Things can change but then we will switch gear. For now all A ok.
<<<There is not a trace of slow down anywhere you look. I take it back. My bad. Okay it's a slow down in gold/silver and crypto.>>>
Hahahahahahahaaa! Don't worry, silver and crypto will have their day. As long as you're holding physical silver you're ok.
Physical silver and paper silver is the same thing. You can take deliveries of paper silver. Buy a contract and ask for delivery. If the deliveries were interrupted, yeah I would believe that there is manipulation. Currently there is no manipulation whatsoever.
<<< You can take deliveries of paper silver.>>> Not exactly. Every ETF is different. SLV physical silver is redeemable only by The Big Boys as per the wording on pg. 23 of the following document from Blackrock.
Quote from pg. 23:
"Deposit of Silver; Issuance of BasketsThe Trust issues and redeems Shares on a continuous basis but only in Baskets of 50,000 Shares. Only Authorized Participants, which are registered broker-dealers who have entered into written agreements with the Sponsor and the Trustee, can deposit silver and receive Baskets in exchange."
Source document:
https://www.blackrock.com/us/individual/resources/regulatory-documents/stream-document?stream=reg&product=I-SLV&shareClass=NA&documentId=925420&iframeUrlOverride=%2Fus%2Findividual%2Fliterature%2Fprospectus%2Fp-ishares-silver-trust-prospectus-12-31.pdf
That keeps control of the ETF firmly in the hands of the power players and OUT of the hands of the little fish like you and me. I have to admit, I admire the way these jokers got this game rigged. I'm actually impressed by them.
All true. BUT it's also true that you can take delivery on Comex . So real price of silver is what it is. There is no manipulation.
Dancing on the Titanic. Last one turns off the light [please].
I doubt that. People have been calling dollar's demise for the last 50 years and it only gets stronger. See the chart. If the FED prints 250 trillions, drops the dollar and everyone's wages are raised by 400% or something, we have effectively screwed Asia and Europe who own our debt. On the other hand if the FED stops printing and raises rates, it's over for America. I will move to Asia and live off the interest that sheeple here would pay. So I think the FED is doing great so far. This is the same game that Asia played on us by keeping their currencies down. ok fine. Now we are making them eat their own medicine. lol
I want the FED to print $250 TRILLION DOLLARS! Not necessarily so I can get some, but just so I can see what happens in the aftermath! Hahahahahahaahaaaaaaaa! 😃
I had asked here on this board - "describe how stopping printing and raising rate would help? Describe what happens to the markets, what happens to jobs, what happens to housing, insurance companies, pensions, interest on national debt and so on ..." Nobody has come forward to describe that scenario because they know what would happen. I expect starvation, mass riots and looting and anarchy if the FED raises rates.
Nothing will happen to the rich. Their asset prices will be slashed by 80% but they will still live well. Poor and middle class will commit suicide or die of starvation if the FED stops printing. Pensions would blow up instantly, bank accounts would be frozen, grocery stores would be looted etc.
no one is saying the printing will stop. it will not. what will happen is it's effectiveness will stop. and then hyperinflation and then end of petrodollar. all of this is already baked in. it's already here
this country is like a chicken who had it's head cut off that's still running around somehow. the game is up
It seems like you have not been to other countries. Other countries don't have a head, no leg either. There is nothing that can destroy the US dollar. Since 1971 people are talking about demise of dollar and the dollar remained the KING. I don't see anything changing. You can study history.
Give you an example of other countries. Watch what's happening in Afghanistan. What a fuked place that is. Soon it will blow up and will take down and whole bunch of Stans with it.
Europe has taken in whole bunch of these Stans residents. It's like throwing huge amount of shit on the fan in all of Europe's living room. Now they are talking about assimilating muslims and also burning Qurans. Good luck with DAT to Europe. Look what's happening in Sweden, France, Germany and you will understand that those countries are like chickens with no head and one leg.
Japanese have forgotten to fuk. they will remain virgins and die down.
Other than China, I see no one remotely challenging USA. Americans are so far ahead in AI that other countries have long disappeared in the rear view mirrors and the gap is growing exponential. While we are building data centers, AI, Quantum Computers, Europe is busy building mosques! They depend on us for protection from Russia and China. India is a third world shit hole. Who else left ?
The gap between the USA and the rest of the world in science and technology is widening at an alarming rate. Even China is far behind.
I think, no I am sure, that you are wrong. It has NOTHING to do with USA, Asia or Europe. From their point of view, everything is one. It's not Asia screwing America or vice versa. No, they are screwing us. They are going to drive inflation. Eventually they will pull the plug and the financial system will collapse. They are producing this problem on purpose. I'm not talking about a crash. I'm talking about collapse. The total collapse. But then they would look guilty for everybody. That's why we can expect a parallel event. In the past, it was WW1 and WW2, for example. I suspect this time it will be a worldwide cyber attack that will be presented to us as the cause and trigger. THEN they will present us the solution: a digital currency of central banks, probably including world government. This digital currency will be strictly controlled. For example, they might say you can only pay with it within 50 miles of your home. That would save the climate, it would curb the spread of viruses, etc.
Everything is digital even today. I don't remember when I last paid by cash. Nothing will collapse.
A few million who lost their money to women, or by buying everything on credit cards and paying 20% interest, or by paying 40% tips and so on, will become homeless and disappeared. That's about it. Survival of the fittest. In human, brain is more important than brawn.
I always pay in cash.
...
1929 The Great [designed] Depression Part 1
https://www.youtube.com/watch?v=bCEJ65H_1XE
...
1929 The Great [designed] Depression Part 2
https://www.youtube.com/watch?v=gO42ZfCN9ug
...
My favorite picture #1: $100 will buy this car
https://sdbullion.com/media/wysiwyg/silver-prices-yearly/Historical_Silver_Price_History_October_1929_Great_Depression_SD_Bullion_SDBullion.com.jpg
...
My favorite picture #2: Kids for sale
https://imgix.ranker.com/user_node_img/50070/1001393607/original/their-mother-was-pregnant-when-she-sold-her-kids-and-later-sold-the-baby-she-birthed-photo-u2?auto=format&fit=crop&fm=pjpg&w=650&q=60&dpr=1
How was it?
Imagine the G7 meeting with all those evil leaders all having their orders to cremate our economies & liberties. A lot of people are waking up to the 'killer vax' so that will be annoying them. Big pharma needs to be making trillions.
A year to prepare? Nice. So maybe I can make the >5500 miles.