What happens when all The Derivatives & Debt Market Exters into an Itsy Bitsy Silver Market?
What Happens when 1 Quadrillion (Derivatives) tries to fit inside a Silver Box that is over 10 times Smaller than the Gold Box?
This Massive Set up for Silver.
A month ago, US Treasury Secretary (and former FED) Janet "The Felon" Yellen concluded her visit to China. During this meeting, she expressed concerns about China's surplus of goods. Her primary objective was to sell Bonds, but despite her efforts, China's President Xi Jinping did not agree to a meeting.Â
This is a situation where we'd typically comment that you could cut the tension in the room with a machete, except they never made it into the same Room - What a National Embarrassment!
There are discussions about the US considering imposing tariffs on Chinese electric vehicles and other strategic sectors.
This is a significant shift in policy, considering the US's disingenuous advocacy for free markets and its history of bailing out Wall Street during financial crises. This is the system where the villagers get robbed by the Parasites. Bankers' profits are privatized while their losses are socialized.
That is interesting timing right ahead of the BRICS meeting in Russia next week. (and then Putin visits Xi in China)
So, we know that Yellen's trip to China was another embarrassment and yielded a goose egg.
Unfortunately, the economic tensions persist. As we reported yesterday, Credit Suisse Analyst Zoltan Pozsar has made a concerning prediction that a bond crisis is on the horizon.
To gain leverage to physical Silver here are our Pickaxe Picks:
Outcrop Silver
Kuya Silver
Andean Precious Metals
Dolly Varden Silver
Summa Silver
Blackrock Silver
Silver Elephant
