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Gold/Mining/Energy : Newfoundland Gold Camp -- Ignore unavailable to you. Want to Upgrade?

To: Roads End who wrote (235)	5/4/2022 2:18:02 PM
From: sense	Respond to of 254

I don't think there's any real penalty for them in suppressing gold prices... because the primary uses of gold are as money... or in minor contributions in other things... which have no possibility of forcing a denouement in the trade on the basis of reality demanding and requiring "more" than price suppression can enable... The fly in the ointment in gold suppression... is more directly linked to the inevitable problem of all fiat... as politicians are typically feckless... and predictable in that... There is no reason that fiat "should" ever fail... if those responsible for fiscal and monetary policy work together to implement responsible policies... But, of course, this is the real world... where the odds of that happening and being sustained for very long are vanishingly small... as you might expect if comparing the advantages of responsible behavior to those of the greed that emerges and the potential to exploit that power... by debasing the currency... The general welfare... is always surrendered as victim to the specific advantage of the politicians and bankers... and that means all fiat currencies fail when the control over "money printing" is lost... And, today... the U.S. dollar still "the best of them"... is a dead currency with no future... because "can't get there from here" is the only possible outcome left in result of the pairing of... the fiat we have being designed as a debt instrument... with the division we have between "spending" without real constraint... and money creation as required to enable that spending... also without any real constraint.... It makes "the inevitable"... a question of timing... And, it is in the timing element that you have to widen your gaze to see beyond the fiat focus that others remain blinded within... And, in that view... multiple factors in play... from the global demographic shits to economic "flattening" which both tend to bias future choices to determinations by cultures with a far more significant attachment to the value of gold and silver... than we have... after more than a century of dedicated effort made in seeking to eradicate people's understanding that any form of "sound money" could even exist... That persists, today, in the "pet rock" narrative... But, markets being what they are... if people opt to value pet rocks more than they value a fraud based on trading slips of "debt is money" paper... or even more ephemeral digital representations of them ? Then, the economy will come to be based on the value of pet rocks, and the derivatives trade in pet rock futures. "Real" things... have enormous propensity to disrupt frauds in financial speculations... as "the madness of crowds" in fostering bubbles is eventually unwound... Russia, today... is throwing a wrench in the process... by shifting from "being kicked out of the paper trade"... to working at re-attaching trade to "real" value... At the same time... Biden is doing massive damage to the "value" of the concept of "risk free" fiat existing... and you are seeing the fact of Russia's assumed inviolable dollar reserves being pirated...forcing rapid change in consideration of any "reserve" value existing in anything that can be "taken"... by declaration in a simple sleight of hand... Some will see that as "an attack on the dollar's reserve currency status"... but, the reality is... Biden has obliterated that status already... So, clocks are ticking faster than ever... and, it's not just "about the dollar being the reserve fiat"... it is about the "routine" in the serial history of the failure of fiat currency schemes... as all of them in history have failed... but, also, now... is about the global fraud of fiat being exposed as a fraud... not about "the dollar failing"... but about "all fiat failing"... Historical events... have never been this synchronous... as prior fiat failure events have been events experienced one nation at a time... This is the first time in history that all the nations in the world,,, even the Swiss... have been convinced to abandon gold and use only fiat money... That means... its going to be ugly... as "all the money in the world" is going to fail... except perhaps the ruble in the degree they have "backed it with gold" in a way that anyone believes matters... Currency crisis coming... is not a thing "they" are unaware of... but a thing they seek to exploit... and control... and they have planned for it... with new fiat based schemes to defraud you and allow them to keep power... But... it is coming... it is going to happen... and, when it does... it will be "a surprise"... to most...

To: Roads End who wrote (235)	5/4/2022 2:47:04 PM
From: sense	Respond to of 254

Silver is a different situation... Because its use as money is still thoroughly a part of the culture... in spite of the efforts made over the last century and a half to "demonetize" silver... The "paper trade" in silver seeks to supplant use of real silver as silver money... with a fiat proxy of silver in the form of "paper silver"... which now exists in a ratio of something over 200 : 1. That's perhaps not much different than the case in gold... as far as the fraud in trading... even if "bigger" in terms of the ratio... But, silver is ALSO an essential industrial metal... and we're backing into having the fraud practiced to suppress the monetary function of silver... begin to impose limits on the capacity of industry to produce the things essential to sustain existing functions much less enable growth... Silver is already in deficit... and "soon" will reach that point at which it can't be hidden any more... We're past that point actually.,.. as investors demand for silver... is subject to growing awareness of the fact of the paper substituting for "silver" being a fraud... Even the silver bulls, however, don't really address much what the implication would be... of "the paper trade" failing... with sudden awareness of paper (fiat) failing only adding expectancy to the physical trade... which then would result in demand growing by MORE THAN 200X... as the biggest short squeeze in human history unfolds... ? Clearly... they can't allow that to happen... so, they aren't... But, if the fiat fails... as it is failing... the currency failing will force that event... both in the trade in gold, and in the trade in silver... On the flip side... either the trade in gold, or the trade in silver... escaping the suppression and driving a short squeeze... is, in current circumstance... likely to force the failure of the fiat... And, clocks are ticking... demographics driving demand growth... and a shift in perception of metals value... while price suppression in silver prevents demand growth being met... So, the economy will fail... because of silver suppression... and as that occurs... as they enable it to occur in the hope "demand destruction" will preserve fiat viability... the opposite will occur... as the fiat will fail faster as the economy "justifying it" fails to justify them... in existing... Technology requires that we no longer need banks or bankers... And what is unfolding now... is bankers trying to take over the world... as they have been made irrelevant. So, they are attempting to use fear... disease, war, starvation... to reimpose control... in order to force your compliance with their "rule by fiat"... which is why you see... legitimacy being subverted... and the fact of illegitimacy exposed... not only in election fraud being exposed... but in attempts to prevent free speech... and control digital media... along with the officially sponsored state terrorism imposed on the people by their own governments... as that is played out in healthcare... food security... nuclear war risks being encouraged... etc. But, none of what they are doing... will result in preventing growing perception of... the fraud in silver ? And, as people's awareness grows.... Suddenly they will realize... all of those frauds... are the same fraud... with the same origin... ? We never authorized the bankers... to over-ride the Constitution... to imposer totalitarian control ? And then... when everyone gets that that's what's occurring... that it is all the same giant fraud... it will end... Silver will go ballistic as the currencies fail... But, in the long term... there is no shortage of silver... there is only a shortage of silver at below market price. When we have restored "sound money"... whether than happens here in the U.S. as a result of change, or is imposed on us and the world by Russia and China... demographics... and economic reality... ? Then, there will be plenty of silver... and economic growth... that has been suppressed for a generation... will resume... But, then, I'm an optimist...

To: Roads End who wrote (235)	5/4/2022 4:29:09 PM
From: sense	Respond to of 254

The rest... is that coming out of the GFC in 2008... the risk they faced was the market awareness that they didn't have the gold they said they did... They don't care about the fraud in the market aspect of that... But, they do care about counter-party risk between banks... and having gold derivatives posing as "assets" on banks balance sheets was deemed a risk... that might drive a black swan event. So, the BIS directed that they had to "fix" the problem with gold derivatives trading... generating black holes in balance sheets. Most people unaware... but, the entire mass in QE appears related to that issue... The QE filled holes in the balance sheets... while waivers against practices of fraud in commodities trading were granted to allow the banks to "trade their way out of" the black hole. That trade in 2011 drove gold to an artificial high... so they could short it back down... and then use the trade accumulate physical as the price was suppressed into the bottom of the cup in the cup and handle that trade forces into existence. That was supposed to take a year, or two... but was extended into ten... because... why not ? That it was done by allowing fraud... not an issue the banks care about.... expecting their frauds will be tolerated... and that "systemically important" matters more than "low life scum sucking bastard fraudsters" to the politicians they've put in place... And, now... they think they've removed the problem... not "entirely from the trade" by removing the fraud in the mass of paper that exists... but from "balance sheet exposure" by removing related derivatives from the category of assets... and replacing them on bank balance sheets with "actually held physical"... which is now once again rated a tier one asset... ie, along with U.S. Treasuries it is deemed "risk free" value... or, literally... "as good as gold"... But, that's NOT true of "the gold in trade"... which continues to be... "not good as gold" but only "as good as the paper promises"... So, gold on the balance sheet now acts as a "fail safe"... because if we repeat the events of 2008... all they have to do is devalue the fiat... without saying that's what they're doing just as in the past... so, instead, what you will get is... a sudden sharp rise in the gold price... so it is "gold is going up"... and not "the currency is failing and being devalued"... ? But, that being done... is not a reason to end the suppression trade... as long as continuing the fraud will allow them to continue to use the trade to profit from the fraud... and extract more physical gold for themselves... from those gullible enough to sell it to them at the artificially suppressed prices they maintain now... ? So, we're looking for "events"... like Nixon's devaluation of the dollar in the 1970's... that the market will recognize as having imposed a change in value... the market assumes "in the gold moving higher"... versus the reality in "the currency losing its value". Throw in a few other legacy issues... like the fact that ongoing trade wars have been conducted for decades now on the basis of who can debase their currency fastest... and thus under-price others in trade.... which also couldn't happen as easily if currencies values were pegged to something like gold... Everyone "says" they want a strong currency... just unwilling to do what is required to have one... only the dollar again being "less bad" in some increment ? And, that wouldn't happen either... if it wasn't about governments selling their people's labor at a discount... so the government can collect a larger share of the value enabled ? "Gold to the moon"... requires the currencies fail... Otherwise... expect "more of the same"...

To: Roads End who wrote (235)	5/4/2022 4:48:29 PM
From: sense	Respond to of 254

For NFGC... another 65 meter extension of Keats... or, another dot to connect with other dots... drawing them all together into one continuous story ? Hmmm. I asked that before as... does that hole just reported mean they added 2 meters of high grade... or 65 meters ? But, this one says... not that they added 65 meters on trend... but that they added a previously unknown structure to the trend composed of other structures... But, that leaves it unknown how to judge it... in terms of meaning and implication re the rest of the trend ? And, of course... they have how many drills turning now... and how many holes getting reported ? If / when they do a big data dump... the volume gets lost in the noise... and will until it begins to resolve itself from "reporting holes" into "a resource model"... Also, still low balling it all... by drilling parallel holes that reduce the resolution of the picture generated... And, still mostly "scratching around on / near the surface"... which is rational as looking for the high grade that's easiest and cheapest to model as value that's easy to mine... but... deeper... ? How far down do they have to go... before the gold runs out ? And, what will the grades do... and the scope, scale shape and size and angular extension of the structures... as they go deeper ? I'd love to see them use some of the tools from oil exploration... to see what the seismic reflections show about the nature and extent of the deep structure... and, then, it may still turn out that although mining near the surface is cheaper... mining where the most gold is most concentrated... is most profitable...