The Stupidity of The COMEX, LBMA WEST on Full Display. East is Playing Biden Regime Like a Fiddle, Viola and Cello
Survival Guide: Stacking Silver is the Best Practice to Survive
This Weekend the Petrodollar ends but we’ve been leading up to this for past 2+ years (since Biden Regime weaponized the Dollar by seizing Russian assets in USA’s war with Russia (through the failed State of Ukraine)
Now here is what’s happening since then
In the past 2 years record gold purchasing by BRICS ++ nations
Record dumping of US Treasuries
BRICS ++ meeting where they have announced their new currency
BRICS ++ can now buy more oil through Gold currency than they could before using the Global Reserve Currency aka US dollar
US Neocons revv into overdrive (along with their vast expansion of US military bases) harkens back to Severus Septimus of Rome who on his deathbed said “Take care of the soldiers first and scorn everyone else”
Stackers, Buy the Dip
COMEX (Mr. Slammy) is smashing Silver and Gold Pricing Today. Rejoice because this puts Silver and Gold on Sale. We’ve already proven that US, Comex, LBMA do not set the price of Gold but it is set in Shanghai.
Why is Mr. Slammy Smashing Gold and Silver Hard today
because China has a bank holiday in 3 days (Monday June 10) Which is also the day after Petrodollar agreement ends.
Gold is down over $40 this morning on news that for the 1st time in 18 months, China didn't buy any gold last month. That's actually bullish news as it means gold made new record highs without any help from China. Ironically, China will likely be a big buyer on today's selloff. - Peter Schiff
China has no choice but to sell Gold
They have negative interest rates
They have no alternative with capital controls
other than to buy Silver and Gold
Their stock market is crashing
Their real estate market is crashing
They encourage their 1.4 Billion people to buy silver and gold
Meanwhile in USA
US is in a recession and the US leadership is in full on theft mode. We established over past 3 years of reporting how much theft is happening through insider trading on war stocks, energy stocks and other laundering schemes overseas.
The villagers inside the USA are facing increasing state of desperation.
It is clear that a significant portion of Americans are struggling to afford basic necessities and emergency expenses:
Nearly 40% of Americans struggle to pay for basic needs like housing and food.
68% of Americans couldn't cover their living expenses for even a month if they lost their job.
57% of Americans cannot afford a $1,000 emergency expense.
Inflation has forced many Americans to spend significantly more just to maintain the same standard of living as before - an extra $11,400 per year on average according to one analysis.
Lower and middle-income households are especially strained, as they spend a larger portion of their income on essentials like food which have seen steep price increases.
63 Banks are teetering on insolvency
There are about 34 trillion in total US citizen bank deposits.
As of the first quarter of 2024, the Federal Deposit Insurance Corporation's (FDIC) Deposit Insurance Fund (DIF) stood at $125.3 billion.
125 billion goes into 34 trillion 272 times.
125 billion is approximately 0.3676% of 34 trillion
This means if you have $1,000 in the bank 0.367% of 1000 dollars is $3.67
You would recover $3.67 for every $1,000 you have deposited
Meanwhile a record 1.7 trillion dollars in Commercial Real estate loans are maturing in next 18 months
FedEx building in Ohio sold for $9 per Square foot
Xerox building in Washington DC (used to be considered great real estate) sold for over 70% less than it did a short time ago) These scenarios are playing out in every region of the USA
Most cities are facing record vacancies because of the Covid War (people can zoom and work from home)
Retail is getting crushed by shoplifting and consolidation, just like “ma and pa” retail got crushed by Walmart and Target.
People use Amazon for everyday items because when you go to Walmart for a razor, condom, ointment for cold-sore or anything over 9 dollars it is under lock and key
Unrealized bank losses are spiking to uncharted territory.
Gangs of kids will “carjack” a truck or SUV and use the vehicle as a battering ram while dozens of kids clear out inventory inside jewelry stores or Apple stores
The Chicago Purchasing Managers' Index (PMI), also known as the Chicago Business Barometer, is a monthly economic indicator that measures the health of the manufacturing and non-manufacturing sectors in the Chicago area. It's based on a survey of purchasing managers in the area who are asked about factors like new orders, production levels, employment, inventories, and delivery times.
The Only Thing Backing the Dollar
The United States operates a vast global network of military installations, with bases and facilities located in dozens of countries across every continent. Here are the key details about the extent of US military bases around the world:
The US has approximately 815 military bases in at least 80 countries worldwide, according to data from researchers. However, the exact number is difficult to pinpoint as not all information is publicly released by the Pentagon.
The countries with the highest number of US military bases are Japan (120 bases), Germany (119 bases), and South Korea (73 bases).
Other nations with a significant US military presence include Italy (36 bases), Kuwait (13 bases), the United Kingdom (26 bases), and Turkey (12 bases).
The US has around 173,000 troops deployed across 159 countries as of 2020.
The largest US military base in terms of personnel is Ramstein Air Base in Germany, with almost 9,200 active-duty personnel.
In the Middle East, the US has a substantial military footprint with over 30,000 troops stationed across multiple facilities in countries like Iraq, Syria, Kuwait, Qatar, and others.
The US also maintains military bases and facilities in regions like Latin America (e.g., Guantanamo Bay in Cuba), Africa (e.g., drone bases in Niger), and the Pacific (e.g., bases in Australia).
While the initial justification for many overseas bases was to counter the Soviet Union during the Cold War, the US has maintained and expanded its global military presence even after the Cold War ended.
The Best Way to Fight Back is Stack Silver and Gold
When Purchasing Real Estate is Not an Option, Where Do You Turn?
Millennials and GenZ are shut out of the housing market.
This happened recently in China (real estate purchasing unfeasible)
You still want to get your hands on tangible assets.
Steps
1. Convert your Federal Reserve Notes (printed money not backed by anything) to Silver and Gold. So you are not buying Silver; you're simply trading paper for real money!
2. Start with Silver, which is in "beast mode."
3 Gold will hit $3,000 this year.
4. Gold to Silver Ratio will hit 60 within a year (most likely). There are reputable precious metals analysts suggesting the Gold to Silver Ratio to go as low as 15 which would place silver at $200 per ounce
5. This places our Silver target at $50 within a year.
6. Today's price of Silver is about $30.50
7. The percentage increase from $30.5 to our price target of $50 is 63.93%
In USA the top engineering schools like Carnegie Mellon graduate departments of Engineering are 90% Asian (Chinese, Indian, S. Korean, Japanese, etc)
It’s Because they are smarter (or perform better in science, math, engineering and medicine)
Without sounding too racist Asians are smarter than Americans right?