In this report I cover the precious metals market early on Monday, June 26th, 2017. I look at a smack of the gold and silver price out of nowhere when all other markets were subdued.
Goodmorning @maneco64 I enjoyed your video again and looking fresh :)
The CB's are choking us slowly but gold and silver will be standing last when all fiat is destroyed.
I only worry sometimes in what state we will be by that time and if our physical gold and silver will be able to buy us something.
We are living in exciting but also troubled times ....
hold you gold, hold your silver, hold cryptos, take money out of the bank and buy more. GET 'EM! Don't sell off when the price comes back either, That's the other way they will try to shake us out of the trees. Right now they are using fear, next they will try greed. If you sell off any crypto, sell into BTC and hold.
It's stomach churning stuff. I understand what's going on but it's still difficult especially as it's gone on so long and no-one knows how long it will continue. I've been listening to "keep stacking" "buy physical" "gold and silver have to do this or that" but unfortunately not enough people care to make a difference and TPTB have the system so wrapped up that I doubt it'll change in my lifetime as only a very few are waking up.
It's unfortunate that these crooked tactics seem to have worked on the small investor who only follows price movement and doesn't look at the fundamentals. Sentiment for the small guy right now is so low. But those of us who know how this fraudulent game works keep staking. These central banks must be running on fumes right now, the level of rehypothecation is unreal. I've heard estimates of 100-1 paper to physical ratio on the exchanges, and even 500-1 if you include derivatives. We are getting set up for an good old fashioned bank run, and a sudden loss if faith in paper gold. You either have your metal before this event happens, or you'll never get any. Don't try to time this, be positioned in physical beforehand.
You nailed it. Gold is like an eccentric millionaire, playing beggar in the street: people flipping it dimes, but mostly just ignoring it when they're not kicking it down further. Well that hombre is about to stand up and buy the block!
The bank body count is up to four. 1 Canadian, 1 Spanish and 2 Italian over the weekend. Looks like someone is trying to head off a panic or run on Euro banks. The count continues ...
Goodmorning @maneco64 I enjoyed your video again and looking fresh :)
The CB's are choking us slowly but gold and silver will be standing last when all fiat is destroyed.
I only worry sometimes in what state we will be by that time and if our physical gold and silver will be able to buy us something.
We are living in exciting but also troubled times ....
Have a nice day Maneco
Thanks @ openheart!
hold you gold, hold your silver, hold cryptos, take money out of the bank and buy more. GET 'EM! Don't sell off when the price comes back either, That's the other way they will try to shake us out of the trees. Right now they are using fear, next they will try greed. If you sell off any crypto, sell into BTC and hold.
Price drops time to buy.
@maneco64 Great discussion, and you're correct the crooks are still at it, in business 24/7
The ponzi system is leveraged and cryptocurrencies are the gateway-drug to reform the system or is it reset the system?
Thank you for that enlightenment regarding gold. In my opinion the market is very quiet.
@keela You are welcome.
They must be really scared of something, maybe there is something coming on July 5!!
Or maybe Friday June 30. I will be easy to make Monday a holiday to make an extra long weekend.
It's stomach churning stuff. I understand what's going on but it's still difficult especially as it's gone on so long and no-one knows how long it will continue. I've been listening to "keep stacking" "buy physical" "gold and silver have to do this or that" but unfortunately not enough people care to make a difference and TPTB have the system so wrapped up that I doubt it'll change in my lifetime as only a very few are waking up.
Just unbelievable (but sadly it isn't unbelievable is it). Total fraud by central banks.
Thanks for the information, very insightful.
It's unfortunate that these crooked tactics seem to have worked on the small investor who only follows price movement and doesn't look at the fundamentals. Sentiment for the small guy right now is so low. But those of us who know how this fraudulent game works keep staking. These central banks must be running on fumes right now, the level of rehypothecation is unreal. I've heard estimates of 100-1 paper to physical ratio on the exchanges, and even 500-1 if you include derivatives. We are getting set up for an good old fashioned bank run, and a sudden loss if faith in paper gold. You either have your metal before this event happens, or you'll never get any. Don't try to time this, be positioned in physical beforehand.
Stack on, and steem on.
You nailed it. Gold is like an eccentric millionaire, playing beggar in the street: people flipping it dimes, but mostly just ignoring it when they're not kicking it down further. Well that hombre is about to stand up and buy the block!
...or is that buy the block-chain?
The bank body count is up to four. 1 Canadian, 1 Spanish and 2 Italian over the weekend. Looks like someone is trying to head off a panic or run on Euro banks. The count continues ...
Hi! Which Canadian bank as been bailed out? Are you talking about Warren Buffer and Home Capital Group?