Owning fungible gold and silver bullion gives you liquidity similar to cash since precious metals are widely recognized and traded everywhere in the world. And their value will endure long after any online fads have fizzled.
This is a massive poker game. The market knows the Fed has a strong hand, but doubts the Fed’s willingness to play it. The Federal Reserve hopes markets will fold.
North America relies heavily on foreign supplies of critical minerals — the raw materials it needs to become a leader in high technology, transportation, energy, and defense. Materials like lithium, graphite, and tin.
After a tumultuous 2020 for the Bullion Banks, the delivery demand at COMEX has continued unabated in 2021. Are we getting close to "breaking the COMEX"?
Nothing is said about the Bank for International Settlements, which provides camouflage for that intervention and whose surreptitious activity in the gold market on behalf of its central bank members is now at a record level.
There. Proof of the coming hyperinflation. It took centuries to get to $3.4 trillion monetary base, and less than a year to increase it by over half. QED. This is all you need to know!
This is an example I always love to cite, as news about inflation was reported on a Thursday and gold declined, whereas the same news from another source was reported on Friday and gold rose.
It’s not worth commenting on the new titles of “Technoking” and “Master of Coin” for the CEO and CFO. The ridiculousness of it is palpable, childish at best.
