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Post by Entendance on Jan 9, 2024 1:50:07 GMT -5
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Post by Entendance on Jan 28, 2024 1:05:51 GMT -5
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Post by Entendance on Feb 9, 2024 10:38:30 GMT -5
In this brief yet refreshingly blunt discussion, VON GREYERZ partner, Matthew Piepenburg joins David Lin at the Vancouver Resource Investment Conference. From Canada, Piepenburg fleshes out the longer-term facts vs. the short-term inflation “debate” and the now mathematical inevitability of further USD debasement to “save” an objectively broken financial system.
The conversation opens with the media-ignored (and almost comical) denial of an economic hard-landing despite current market highs driven by forward-guided rate hikes. Piepenburg reduced the stock market to a Pavlovian dog which simply turns up or down on dovish or hawkish Fed policies. Free market capitalism is now entirely perverted.
Powell’s projected rate cuts, necessary to bail out private and sovereign bonds repricing in 2024, is a tailwind for over-valued stocks but is not a sign of economic strength. Instead, we are seeing centralized markets, Fed desperation and a further postponed debt reckoning. The end-game will be “mouse-clicked” trillions to monetize unwanted USTs, the net result of which, is naturally inflationary.
Piepenburg reminds that such an inflationary end-game is part of undeniable and historical debt patterns which are always blamed on “external” forces which then justify increased policy dishonesty, as well as political control and centralization. This sickening pattern, he says, is historically true “without exception” as policy makers “prostitute sound debt policies at the expense of the many for the benefit of the few.”
Of course, sacrificing the currency to extend and pretend otherwise broken risk asset markets and purchase votes in the near-term ruins Main Street purchasing power while creating social unrest–the political, social, cultural and financial evidence of which is literally everywhere we look.
Gold, by itself, can’t save the financial system from these abuses and mis-uses of power and political opportunists. Leaders and central bankers will continue to maintain power while perverting currencies and pointing the blame outside their bathroom mirrors. This, however, does not prevent sophisticated investors from protecting their own wealth against currency destruction by owning their own physical gold outside of a failed financial order and Fed-protected banking system.
Pavlov investors
Chasing yield
Negative bond yields Inflection point Recession Currency war Real war Central Bank gold buying Don’t buy paper gold Buying gold juniors Conclusion: Ahead of the herd Aug 28, 2018 at 11:24am Pavlov's Dog
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Post by Entendance on Feb 13, 2024 3:30:02 GMT -5
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Post by Entendance on Feb 20, 2024 12:45:39 GMT -5
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Post by Entendance on Feb 23, 2024 2:42:49 GMT -5
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Post by Entendance on Feb 28, 2024 11:04:09 GMT -5
BlackRock and Vanguard by 2028 will own 20 trillion dollars – about a fifth of the World's GDP BlackRock / Vanguard / State Street are also the powers behind the power – most often invisible
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Post by Entendance on Mar 12, 2024 9:12:30 GMT -5
BIS Quarterly Review March 2024 International banking and financial market developments PDF
H/T Tom from Florida
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Post by Entendance on Mar 13, 2024 5:47:15 GMT -5
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Post by Entendance on Mar 18, 2024 2:44:34 GMT -5
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Post by Entendance on Mar 20, 2024 12:28:39 GMT -5
- Gold and silver prices, central banks' accumulation, and the potential for a global currency reset. (0:00) - Gold, silver and the potential for a gold-backed BRICS currency. (3:08) - New currency and commodity price setting mechanism. (8:03) - Financial manipulation and the rise of the BRICS nations. (14:25) - Precious metals market and global economic trends. (21:31) - Economic collapse in Europe and the US. (24:14) - Economic crisis, inflation, and food shortages. (28:56) - Banking industry vulnerabilities and potential collapse. (33:57) - Economic collapse and its impact. (38:23) - Gold and blockchain as a hedge against dollar collapse. (42:59) - The potential replacement of the US dollar as a global reserve currency. (46:51) - Gold backs as off-grid money. (52:54)
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Post by Entendance on Mar 24, 2024 4:54:18 GMT -5
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Post by Entendance on Apr 3, 2024 12:48:49 GMT -5
Gold is clearly undervalued!
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Post by Entendance on Apr 6, 2024 1:49:09 GMT -5
China & India have DECIDED that "Enough is Enough" and both are buying Physical Silver on every attempted flash crash! This is the End Game for the Silver Knights!
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Post by Entendance on Apr 10, 2024 2:46:01 GMT -5
New price fixing system!
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Post by Entendance on May 1, 2024 7:25:53 GMT -5
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