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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (170161)	4/3/2021 8:39:56 PM
From: sense	Read Replies (2) \| Respond to of 217592

The element of risk in gold and silver prices necessarily being tied to "asset markets" requiring they go down with all assets in a crash... has a couple of mitigating potentials. One issue, of course, is that ongoing long-term price suppression effort means PM prices are already depressed... requiring the elimination of the suppression to re-enable market pricing from gold 120:1, silver 188:1 in paper/metal... A real "correction" of error in gold and silver markets to remove frauds moves them up, not down... and that potential gives ample leverage in the upside in the event the paper trade is ended, for some reason. But, that requires the suppression end... for some reason... first. The two most obvious reasons: Either "they" decide to end it... as they may be in re-instituting a link to gold in fiat (as or after Basel III / IV etc)... Or, they are forced to end it... either by the market refusing to follow banks directions in physical pricing (as seems it is occurring, accelerating, already now in silver), or by market failure in the trade, or by banks themselves failing as a function of market disconnects... no longer able to run the trade when they fail. Gold being re-monetized... however it occurs... would drive its "price" vastly and rapidly higher... with significant real shift also.. beyond only linear change in devaluations of the un-backed alternatives to real money... That change beginning... doesn't say how rapidly or in what degree they intend to move it ? Another issue, as others (Brent Johnson) are now coming around to recognizing, is that the recent decline in gold is directly linked to the development of the "alternative" in crypto that is presumed to operate as a parallel "secure store of wealth"... but crypto has never been tested in real market terms for that function. Gold, of course, proven in that function over thousands of years... also might be outlawed because of that function... as it has been before... but, so can crypto be outlawed... leaving an open question why it has been tolerated thus far, when no other counterfeit is ever allowed... And, both might have the same answer... as crypto replaced gold demand, lowering its price... the crypto competition being tolerated has made it easier for banks to acquire gold as Basel III deadlines loom. Charts... show departure points in August in gold... just as BTC crossed $10K... India's gold demand spike as a response to outlawing crypto is telling... as the gold trade in India has also long been an issue with government struggling to control smugglers... And, the noise is increasing re bitcoin... the number of those noting they expect it to be outlawed rising significantly in the last week... now including Jim Rogers, Ray Dalio, and former SEC Chair Jay Clayton saying he expects it to be "regulated" even if not a security... which change might also disrupt its utility in linked derivatives that produce ends around "price fixing" rules in other markets... As crypto comes under increasing pressure... will gold do everywhere what it is doing in India ? And, the timing ? The "great reset"... a currency reset... isn't a plan that I see is likely to work without breaking some eggs... including market crashes... with gold and silver probably crashing too along with all other assets... in a market crash occurring before... and until... those sorts of plans are better revealed... My "round-up" of others predictions this week end pretty revealing of shorter term drivers... of banks efforts in "distancing" themselves from putting finger prints on the policy they want to impose... The grand experiment begun in 2001, expanded in 2008 and since in multiple iterations, and then greatly amplified in 2020... seems it has "almost" reached a limit... "almost" as the 2% of wiggle room between zero and the current Tbill... means rates could be lowered... the bond market could add 40% or more from here... before ZERO is ZERO is finally reached as a limit... Odds are, more stimulus will be tried as long as possible before that final expedient in lowering rates again... one last time... before it all fails... But, as the market forces REAL rates higher, versus artificially suppressed sovereign rates... the markets will react to the reality in the changing cost of money for businesses... who do not have the power to dictate lower rates... and as that is a change that does impose real "change" in the markets? ...and then what ??? April is a contract delivery month in silver... The Perth Mint seems it has been emptied out to try to help resolve supply shortage problems at the COMEX... and is now left unable to deliver on its own obligations...