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Report date: 08.11.2020
The [CB] is right on schedule, they are trying to keep control of the system, they decided to drop gold and silver, but will this last, no it won't. The patriots are in full control, they tried with the pandemic and it failed and now they don't want anyone to realize that fiat currency has lost almost all its value.
#1: Pinguinite To: BTP Holdings (#0)
I don't think they decided that. Gold and silver dropped, yes, and a significant percentage, yes, but..... that just put the prices back to where they were 1-2 weeks ago. That's nothing. Metals were on an unsustainable ballistic trajectory.
Of course, it's not really metals that were going up. It was the USD going down. I think the enormous stimulus this year simply has significant inflation painted all over it. Once the economy starts to roll again, we'll see big inflation as credit money starts to balloon into existence again.
Pinguinite posted on 2020-08-12 19:50:20 Reply Private Reply
#2: BTP Holdings To: Pinguinite (#1)
Right now the FED is buying up all of the short term notes China and Brazil are dumping into the secondary markets. How long can they keep it up? ;)
BTP Holdings posted on 2020-08-13 06:22:01 Reply Private Reply
#3: Pinguinite To: BTP Holdings (#2)
The Fed can keep it up forever. Unlike everyone else who must earn money they spend, the Fed can just create cash out of thin air on their computers. Easier than counterfeiting printed cash.
Pinguinite posted on 2020-08-13 10:00:46 Reply Private Reply