2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 395.80

+0.1%

Dec 15 4:00 PM EST

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To: TobagoJack who wrote (169074)	3/2/2021 11:09:08 PM
From: sense	Read Replies (1) of 218511

Important to keep in mind that Basel III supposedly kicks in this June... on June 21, I think... It was previously tabled way back in 2011... failed banks in result... showed upon being inspected, huge issues in gold being "overly re-hypothecated"... each unit of gold and silver having multiple owners of the same metal. The same fraud practiced in mortgages... practiced in gold and silver... which we've seen is continuing the last few weeks... and is now become so blatant that you can't avoid seeing it even if you try... In result of the failure in initial implementation... they delayed implementation... did partial implementations... even adopted a sliding time scale for compliance, with different participants having different timelines... [A cynic might note that as... enabling too much demand at the same time is not good for the buyers... just the same as too many cooks in the kitchen]. The banks and governments are competing to amass gold holdings before the rules finally do kick in. Since they're the buyers accumulating... they've been engaging in the market fraud to facilitate accumulation at lower prices... since 2011 at least... and likely long before the effort was [very, very quietly] made public. It used to be so few were aware of it even existing... that you could wander the BIS website and find documents discussing it. Now... wander away... and good luck finding anything other than what they want you to find... What they did make clear, after the first round of bank failures.. both in word and deed... was that they would not implement the rules... until they were certain everyone was ready... and only when everyone is ready... should you expect to see the change actually occur... The underlying market reality... is that the price suppression you see, used to be a currency related trade tied to preventing currencies revaluing themselves against gold or silver inconveniently. Since JPM "left the trade" or "went long" in counter to their large short positions previously... i think you should expect that the trade "looks the same'... even if the nature of the driver is now changed... made more complex... becoming increasingly desperate... by that changed need for those suppressing the price... to used the suppression to facilitate accumulation of physical... not just "win trades" or "protect the currency". They need the metal. Why have they allowed silver to drift higher than gold ? Which is it... intentional distraction from gold dropping more... or physical demand requiring delivery actually working to lever prices higher in silver ? Cryptos... a distraction... that usefully draws market attention away... while also reducing competition in the demand to allow them greater accumulation at lower prices ? Banks... are "buying low"... now... in the way they do... since they are allowed to cheat... and they have been doing that since at least 2011... Buy low... and be as patient as they are.. trade with them instead of against them... as that is what makes the most sense.... Except... buying mining shares at the lows... generates even more leverage... and, if/when they implement... the way inflation gets created on a new standard... is by mining more money.

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