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Gold & Silver: Two Pictures

Commodities / Gold & Silver 2020 Aug 01, 2020 - 05:07 PM GMT

By: Jim_Willie_CB

Commodities

It is said that a picture is worth 1000 words, and thus two pictures are worth 2000 words. The entire financial system is fracturing and imploding, no exaggeration. The entire monetary system is being undermined in a true Weimar sense, in reality. Such a situation almost never has come about without a world war. Since 2001 in the Jackass opinion, the world financial war has been in progress with the imposition of anti-terrorism statutes, with a seminal event in 2008 for the bond implosion. A certain signpost was flashing in 2012 with the installation of Quantitative Easing, better described as hyper-monetary inflation of the unsterilized type. When the REPO market exploded on the scene in September 2019, the death of the USDollar’s foundation was evident to all with vision. When the sequence of CARES stimulus bills was enacted, the assurance for Infinite QE Forever was clear. The time before total sunset on the global reserve currency was declared as near. The Global Financial RESET is officially in progress. A new age is soon to dawn. The role of the USDollar is unclear in future months, probably for black market activity and possibly a transition currency.


The working trade-based Gold Standard comes, alongside a practical industrial Silver Standard. It can be most assuredly stated that Gold & Silver are the newly recognized hedges against systemic financial failure. For many decades, the precious metals have served as hedges for inflation, both price inflation and monetary inflation. With the current situation having turned critical for economic sabotage, Gold will become the Monetary Core to the new system, and Silver will become the Energy & Technology core to the new system. It has been written; it will be told. The July Hat Trick Letter contains many items to support the infinite expansion of the monetary base. It also includes information as to how the Gold market is completely fractured, and under siege by delivery demands. Utter desperation has set in. The August Hat Trick Letter to come next month will contain a guideline to justify the move toward $5000 on the Gold price. It will also contain an update from second conversation with Maxwell the Banker, who hails from Central Europe. The Global RESET quasi-committee has altered the consensus precious metals prices. Exciting times lie ahead.

GOLD TO $2500/OZ

An historical transformation is underway. The chart speaks volumes. The eight years of consolidation has ended. Tremendous price suppression has occurred. The Swiss-Euro 120 Peg from 2012 was only the beginning for the powerful force. In effect, it was a four-sided arbitrage put in place to suppress the Gold price. The Gold price was pulled down hard, by means of the Dollar Swap and vast investments in the US Stock Market by the Swiss National Bank, their central bank. Of course, the SNB also invested heavily in USTreasury Bonds. Much more to this story, whose four factors are currently being unwound. Expect disorder since so large.

A veritable explosion of paper gold is in progress, which could result in a few more $trillion in bailouts, of course called COVID stimulus. The entire banking derivative complex lies at extreme risk, which could result in a chain reaction to ignite precious metals, energy, stocks, and bonds. The entire financial structure is held together with leverage, debt, fraud, and algorithms.

The plumbed base of $1100 was irregular and unsteady. No matter. The Cup & Handle is as plain as the long noses on the faces of bankers. Expect some consolidation between $1900 and $2000, forming the right side cup, after which the shorts will be steamrolled, crushed, and mutilated. It will capture global attention. The unfolding event will be a grand pleasure to watch the banksters squirm as the Gold price pursues the $2500 target and then hunts for the ripe pastures leading to $3000. The move to $3000 might be several months, not years. Almost all other asset classes will decline in value.

SILVER TO $50/OZ

An historical transformation is underway. The chart speaks volumes. The eight years of consolidation has ended. Tremendous price suppression has occurred. The accidental rise to $50 could not have been avoided, as a Wall Street book lost control, the unwashed swarthy masses are told. With economic recession came lower demand, which accomplished nothing in alleviating the global silver shortage while investor demand grew fast and furious. The grand silver deficit has grown worse every year for the last five years. The other concomitant factor is that lower zinc, copper, and tin mining resulted in lower silver byproduct output. Recently some big silver mines in Mexico, Chile, and Peru have shut down. They will surely open again soon. Funny, but the higher silver price might push aside the corona risk to workers suddenly. Rumors are thick that JPMorgan is playing both ends of the candle, running out of wax. They build the naked short positions which serve the vile bankster set in price suppression. They also build the long positions, ostensibly for the benefit of replenishing the Chinese silver stockpile. The new era will be silver-centric in many ways, as the numerous new technologies are released. It is yet unclear whether patents will be made Open Source, or whether the USNavy will return patent rights with nearly free licenses.

Expect very little consolidation in a quick march to the $35 mark, then to the $50 mark as target. It will capture global attention. The silver market is a tiny fraction of the size of many large corporations. The Sprott Funds last week announced a bold $1.5 billion silver purchase program, for the unexpressed purpose of excising the nether balderdashes dangling from the bankster set. Their vulnerability to silver is acute. The move to $50 might be a few months, not a couple years. As bizarre footnote, if a mere 1% of the nitwit Tesla investors convert to silver, the wondrous white metal price will be driven well past the $100 mark. Ditto for the nitwit Apple and Amazon investors. Recall silver has almost no industrial substitutes, and possesses two commonly occurring stable isotopes.

THE HOKEY PANDEMIC

The arrival of the great financial crisis began last September. It has ratcheted up each month. Last autumn, at least 15 Jackass forecasts came true almost simultaneously. A new era has begun, which unfortunately is frightening. The medical police state is here, which could soon be turned off as their underworld funding channels dry up. Early this year, the landlords of the King Dollar saw their dominion soon to vanish, upon the emergence of an Asian revolt against the crippled debt-based global reserve currency. Hence they pulled a pre-emptive jump shift like in the game of bridge. It relies upon the ignorance of the public on all things scientific and medical. The press networks continue to blare the false medical statistics, which the Jackass justifies as exaggerated at least 30-fold. The propaganda operates like fear porn, with focus on new COVID cases, rather than recorded decline in COVID deaths. As many top notch medical professionals have concluded, this is nothing more than a bad flu,

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"For over five years I have been eagerly assimilating any and all free information (articles, interviews, etc) that Jim Willie puts out there. Just recently I finally took the plunge and became a paid subscriber. I regret not doing this much sooner, as my expectations were blown away with the vast amount of sourced information, analysis tied together, and logical forecasts contained in each report."
   (JosephM in South Carolina)
"Jim Willie is a gift to our age who is the only clear voice sounding the alarm of the extreme financial crisis facing the Western nations. He has unique skills of unbiased analysis with synthesis of information from his valuable sources. Since 2007, he has made over 17 correct forecast calls, each at least a year ahead of time. If you read his work or listen to his interviews, you will see what has been happening, know what to expect, and know what to do."
   (Charles in New Mexico)

"A Paradigm change is occurring for sure. Your reports and analysis are historic documents, allowing future generations to have an accurate account of what and why things went wrong so badly. There is no other written account that strings things along on the timeline, as your writings do. I share them with a handful of incredibly influential people whose decisions are greatly impacted by having the information in the Jackass format. The system is coming apart on such a mega scale that it is difficult to wrap one's head around where all this will end. But then, the universe strives for equilibrium and all will eventually balance out."
   (The Voice, a European gold trader source)

Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Visit his free newly revamped website to find articles from topflight authors at  www.Golden-Jackass.com. It now has a hyphen in the URL address. For personal questions about subscriptions, contact him at  JimWillieCB@gmail.com.

Use the above link to subscribe to the paid research reports, which include coverage of several smallcap companies positioned to rise during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces. An historically unprecedented mess has been created by compromised central bankers and inept economic advisors, whose interference has irreversibly altered and damaged the world financial system, urgently pushed after the removed anchor of money to gold. Analysis features Gold, Crude Oil, USDollar, Treasury bonds, and inter-market dynamics with the US Economy and US Federal Reserve monetary policy.

Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Visit his free website to find articles from topflight authors at  www.GoldenJackass.com, which includes a Squirrel Mail public email facility.

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