Tuesday, June 22, 2021

On The Imminent Collapse Of The Fractional-Reserve Gold Banking System

from Silver Doctors:

Only physical gold and silver markets will survive in the future?

by Chris Powell of the Gold Anti-Trust Action Committee (GATA)

Dear Friend of GATA and Gold:

The imminent collapse of the fractional-reserve gold banking system is the primary topic of a discussion between London metals trader and Kinesis Money founder Andrew Maguire and GATA consultant Harvey Organ, a student of the gold and silver markets for 50 years.

RIOTING IN MAJOR USA CENTRES CONTINUE

by Harvey Organ, Harvey Organ Blog:

HUGE OUTSIDE DAY REVERSAL IN GOLD AND SILVER TOTALLY UPSETTING OUR BELEAGUERED BANKER CROOKS/// GOLD UP $8.20 TO $1927.40//SILVER UP 27 CENTS TO $26.84//HUGE INCREASE IN GOLD TONNAGE STANDING AT THE COMEX: TO 11 TONNES//CORONAVIRUS UPDATES SAT-TUESDAY/ CHINA VS USA//TURKEY VS GREECE ET AL//USA SENDS TROOPS TO LITHUANIA// INDIA VS CHINA//DOW TUMBLES 632 POINTS//NASDAQ DOWN 465 POINTS//RIOTING IN MAJOR USA CENTRES CONTINUE//MAJOR SWAMP STORIES FOR YOU TONIGHT

Here’s Why Gold Could Stage a Powerful Rally Soon

by Marin Katusa, Katusa Research:
***Every week, the agency that oversees the U.S. futures market (the CFTC) releases a report that shows how companies and hedge funds are positioned in the futures market.

This report is called the Commitment of Traders (or COT for short) report. Various participants with various goals come together in the futures market.

Keiser Report: Bitcoin Drama (E1106)

from RT:

In this final episode of the Keiser Report from Freedom Fest in Las Vegas, Max and Stacy encounter Peter Schiff in the halls of the convention center and challenge him on bitcoin. Max continues his interview with bitcoin entrepreneur Charlie Shrem to discuss the latest drama and innovation in the cryptocurrency space.

WAR ON CASH: DESPERATE VISA BEGS MERCHANTS WITH $10,000 BRIBE TO GO CASHLESS

by Claire Bernish, The Daily Sheeple:
A war on cash has surreptitiously and duplicitously come to pass, as Big Banks and Big Credit attempt to convince their millions of oft-captive customers to make the leap away from currency and into plastic — a surefire means of gaining access to more of your funds through repressive policies and monstrous fees.

Writing a check as payment has been difficult for years, but the move away from currency to digitally-tracked plastic and online pay options has recently taken off — despite reluctance from customers and smaller businesses already wary of being bilked by guileless banks and slithery credit institutions.

Refusals To Answer Simple Questions Should Be Enough To Settle The Gold-Rigging Issue

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by Chris Powell, via Silver Doctors:

Dear Friend of GATA and Gold:

Questions are asked to get answers, but refusals to answer may be enough to permit conclusions to be drawn and thus in effect constitute answers as well.

With all these recent refusals to answer, who really cannot believe that governments and central banks long have been manipulating the gold market so they might control the currency markets and thereby defeat all markets?

Consider the following.

Keiser Report: Tackling corruption… Mexico style (E1259)

from RT:

In the second half, Max interviews Bill Ottman of Minds.com about taking on the corporate social media behemoths like Facebook and Twitter with Minds, a new blockchain-backed social media platform.

Warren Irwin | Top Resource Fund Manager on Uranium, EV Commodities, Jurisdictions & More

by Bill Powers, Mining Stock Education:

Top-performing resource fund manager, Warren Irwin shares insights regarding uranium investing, top EV commodities, mining jurisdictions, companies to avoid and much more in this interview. Bill Powers interviewed Warren while attending the 2018 Mines and Money Toronto conference.

Warren Irwin’s G-10 Special Situations Fund (US) LP earned the top position in 2016 among the 4,099 hedge funds tracked by BarclayHedge with a 156.32% annual return. Other Rosseau funds also took the second and sixth spots with returns of 155.94% and 128.89% , respectively.

ISRAEL WHACKS VESSEL CARRYING IRANIAN OIL TO SYRIA

by Harvey Organ, Harvey Organ Blog:

OPTIONS EXPIRY WEEK//GOLD CLOSED DOWN $1.80 TO $1781.60//SILVER CLOSED UP 10 CENTS TO $26.15//COMEX GOLD STANDING ADVANCES AGAIN UP TO 94.3 TONNES//SILVER STANDING REMAINS RELATIVELY FLAT//MAY OPEN INTEREST FOR SILVER AT AN EXTREMELY HIGH LEVEL: 56,358 WITH 4 DAYS BEFORE FIRST DAY NOTICE//CORONAVIRUS UPDATES/ INDIA AND THE GLOBE//VACCINE UPDATES//RUSSIA VS UKRAINE UPDATE//ISRAEL WHACKS VESSEL CARRYING IRANIAN OIL TO SYRIA/IRAN VOWS RETALIATION//LEAK FROM IRAN SHOWS THEIR FOREIGN MINISTER ZARIF OVERULED ON MANY OCCASIONS BY THE REVOLUTIONARY GUARD//USA INFLATION WATCH: HOMES PRICES AND AGRICULTURAL PRODUCTS///SWAMP STORIES FOR YOU TONIGHT

CLASSIC RAID ON GOLD AND SILVER TODAY: GOLD DOWN $16.80 TO $1207.80/SILVER DOWN 29 CENTS TO $14.15

by Harvey Organ, Harvey Organ Blog:

DOW DOWN 200 POINTS WITH THE NASDAQ DOWN 123.98 POINTS/CHINESE YUAN TO THE DOLLAR DOWN TO 6.9567//THE ALL IMPORTANT 10 YR ITALIAN YIELD/GERMAN 10 BUND YIELD: 2.99.%.DANGEROUSLY CLOSE TO 3.00%/10 USA TREASURY YIELD STILL DANGEROUSLY HIGH AT 3.18%/JEFFERY SNIDER ON HUGE AMOUNT OF USA DOLLARS LEAVING CHINA…A MUST READ!/ARGENTINA FACES CHINA AS THEY PROVIDE A HUGE 8.7 BILLION DOLLAR SWAP ARRANGEMENT AS THEY TRY AND BAIL OUT THE COUNTRY/LOOKS LIKE ELECTION FRAUD IN BOTH FLORIDA AND ARIZONA/MORE SWAMP STORIES FOR YOU TONIGHT

Cartel Is VERY NERVOUS Right Now, We Are Very Near Those $100 DAILY Price Spikes In Gold

from Silver Doctors:

SD Friday Wrap: The cartel is getting very nervous right now as gold’s downside looks limited and those $100 daily price spikes near…

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Editor’s Note: There will be no SD Outlook on Monday as we take the time to reflect on, pay our respects to, and give thanks to the true Patriots and Heros of the United States…

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Note: These charts were set-up during the morning on Friday and do not include any afternoon price action.