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

To: TobagoJack who wrote (185220)	3/11/2022 10:24:45 PM
From: sense	Respond to of 217578

I suspect not... The 2020 issues were mostly about encountering "supply chain difficulties" and not being prepared for them... and then flagrantly lying about it while scrambling like crazy to come up with a supply to enable a backstop for the cover story... They suspended the U.S. mint's production of coins... repurposed that metal to the private market... and pretended it never happened... Also appears they bought out the Aussie's Perth Mint supply... or recalled the loan of that metal... leaving their customers in the lurch and killing the business... and they said... "flying it in from London" as needed... but otherwise shifting contracts to (not) deliver in London, instead of (not) delivering in New York... and calling that "good". Why was it important to them to lie about Covid "not" making the mine production slow down ? Can only be about desperation to avoid having the price go higher... for some (obvious) reason... The fact wasn't made public... until companies resumed filing quarterly and annual reports finally showing the extent of the impact on mine production... which was down 30% on average for silver... As you re-read the article you considered... Note the stuff about "par" and its definition... and the essential utility of "par" in the market. Then note the words used about "par" in metals... Then note the words about how very important it is that the same metals for which par matters... must not in any circumstances be allowed "to have a 1:1 correspondence"... or trade at par ? LOL!!! If "real things" are money... then... the real things are their own backstop... and you don't need anyone providing a credit or a surety on... things that are their own "tier one quality" surety ? But, then... if producer credits would supplant the fiat banking function... which is already rendered obsolete by technology... a discussion usually held in context of crypto or defi... but, when metal is money, miners are the banks... when you don't need any other banking function acting as an intermediary ? Can't possibly be an insoluble problem... as the illegal drugs trade is one of the largest businesses there is... and they seem to manage commercial credit issues just fine without any bank backstopping the trades or providing any surety (as far as you are allowed to know)... ? Yeah. Must be all that crypto used in doing drug deals that ensures they can continue in spite of coordination global government action trying to suppress that trade... /s Really... all miners need to do to solve the problem... is retain 3% of production as a reserve... for which their shareholders would be thankful... His advocacy was only for sustaining an unknowing subservience to bankers... when they are now become only parasites providing no benefit to any but themselves... The revolution they see coming... the one they really fear... is definancialization and proxyless exchange.. the re-establishment of trust... making it critical that they... shift the locus of power if necessary to prevent that and protect their usurpations... must do all they can, now, to prevent miners making markets without bankers... as that would... gasp... lower costs... eliminate "takings" though directed interferences in the markets... and, as it would expose that technology today requires that we don't need bankers operating our markets "for us"... it must be prevented ? There is no legitimate means of stopping them, however, to prevent them from innovating technological solutions in private credits that remove the need for tolerating the origin of the problem... or, at minimum, force a repricing event and a restoration of meaning in"fiduciary responsibility". Therefore... the means used will not be legitimate. And, perhaps that's all Raul needs to understand... to regain his sense of composure and a well grounded awareness ? Those in charge... are pirates... so, what should you expect ?