Gold & Silver: Two Pictures / Commodities / Gold & Silver 2020
It is said that a picture is worth 1000words, and thus two pictures are worth 2000 words. The entire financial systemis fracturing and imploding, no exaggeration. The entire monetary system is beingundermined in a true Weimar sense, in reality. Such a situation almost neverhas come about without a world war. Since 2001 in the Jackass opinion, theworld financial war has been in progress with the imposition of anti-terrorismstatutes, with a seminal event in 2008 for the bond implosion. A certainsignpost was flashing in 2012 with the installation of Quantitative Easing,better described as hyper-monetary inflation of the unsterilized type. When theREPO market exploded on the scene in September 2019, the death of the USDollar’sfoundation was evident to all with vision. When the sequence of CARES stimulus billswas enacted, the assurance for Infinite QE Forever was clear. The timebefore total sunset on the global reserve currency was declared as near. TheGlobal Financial RESET is officially in progress. A new age is soon todawn. The role of the USDollar is unclear in future months, probably for blackmarket activity and possibly a transition currency.
The working trade-based Gold Standard comes,alongside a practical industrial Silver Standard. It can be most assuredlystated that Gold & Silver are the newly recognized hedges against systemicfinancial failure. For many decades, the precious metals have served as hedgesfor inflation, both price inflation and monetary inflation. With thecurrent situation having turned critical for economic sabotage, Gold will becomethe 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 JulyHat Trick Letter contains many items to support the infinite expansion of themonetary base. It also includes information as to how the Gold market is completelyfractured, and under siege by delivery demands. Utter desperation has set in.The August Hat Trick Letter to come next month will contain a guideline tojustify the move toward $5000 on the Gold price. It will also contain an updatefrom second conversation with Maxwell the Banker, who hails from CentralEurope. The Global RESET quasi-committee has altered the consensus preciousmetals 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 wasonly the beginning for the powerful force. In effect, it was a four-sided arbitrageput 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 theSwiss National Bank, their central bank. Of course, the SNB also investedheavily in USTreasury Bonds. Much more to this story, whose four factorsare 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 COVIDstimulus. The entire banking derivative complex lies at extreme risk, whichcould result in a chain reaction to ignite precious metals, energy, stocks, andbonds. The entire financial structure is held together with leverage, debt, fraud,and algorithms.
The plumbed base of $1100 was irregular andunsteady. No matter. The Cup & Handle is as plain as the long noses on thefaces of bankers. Expect some consolidation between $1900 and $2000, formingthe right side cup, after which the shorts will be steamrolled, crushed, andmutilated. It will capture global attention. The unfolding event will be agrand 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 willdecline 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 nothave been avoided, as a Wall Street book lost control, the unwashed swarthymasses are told. With economic recession came lower demand, which accomplishednothing in alleviating the global silver shortage while investor demand grewfast and furious. The grand silver deficit has grown worse every year for thelast five years. The other concomitant factor is that lower zinc, copper, andtin mining resulted in lower silver byproduct output. Recently some big silvermines in Mexico, Chile, and Peru have shut down. They will surely open againsoon. Funny, but the higher silver price might push aside the corona risk toworkers suddenly. Rumors are thick that JPMorgan is playing both ends of thecandle, running out of wax. They build the naked short positions which servethe vile bankster set in price suppression. They also build the long positions,ostensibly for the benefit of replenishing the Chinese silver stockpile. Thenew era will be silver-centric in many ways, as the numerous new technologiesare released. It is yet unclear whether patents will be made Open Source, orwhether the USNavy will return patent rights with nearly free licenses.
Expect very little consolidation in a quickmarch to the $35 mark, then to the $50 mark as target. It will capture globalattention. 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 fromthe bankster set. Their vulnerability to silver is acute. The move to $50 mightbe a few months, not a couple years. As bizarre footnote, if a mere 1% of thenitwit Tesla investors convert to silver, the wondrous white metal price willbe driven well past the $100 mark. Ditto for the nitwit Apple and Amazoninvestors. Recall silver has almost no industrial substitutes, and possesses twocommonly occurring stable isotopes.
THE HOKEY PANDEMIC
The arrival of the great financial crisis began last September. It hasratcheted up each month. Last autumn, at least 15 Jackass forecasts came truealmost simultaneously. A new era has begun, which unfortunately is frightening.The medical police state is here, which could soon be turned off as their underworldfunding channels dry up. Early this year, the landlords of the King Dollarsaw their dominion soon to vanish, upon the emergence of an Asian revoltagainst the crippled debt-based global reserve currency. Hence they pulled a pre-emptivejump shift like in the game of bridge. It relies upon the ignorance of the publicon all things scientific and medical. The press networks continue to blare thefalse medical statistics, which the Jackass justifies as exaggerated at least30-fold. The propaganda operates like fear porn, with focus on new COVID cases,rather than recorded decline in COVID deaths. As many top notch medicalprofessionals have concluded, this is nothing more than a bad flu,HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.
“Jim Willie’s proprietary contacts in highly strategicpositions around the world help him better predict the future with anaccurately as high as 90%. That is astounding! The Hat Trick Letter is mysecret sauce to better understand what is really happening, so I can make betterfinancial decisions during this tumultuous period.”
(PaulK in Kentucky)
"I have continued my loyal patronage of yourexcellent commentaries not so much because of my total agreement with yourviewpoints, but because you have proven yourself to be correct so often overthe years. When you are wrong, you have publicly admitted it. You are, I supposeby nature, an outspoken and irreverent spokesman for TRUTH against power, whichdifferentiates you from almost all other pundits on world affairs."
(PaulR in Hawaii)
"For over five years I have been eagerly assimilatingany and all free information (articles, interviews, etc) that Jim Willie putsout there. Just recently I finally took the plunge and became a paidsubscriber. I regret not doing this much sooner, as my expectations were blown awaywith the vast amount of sourced information, analysis tied together, andlogical forecasts contained in each report."
(JosephM in South Carolina)
"Jim Willie is a gift to our age who is the onlyclear voice sounding the alarm of the extreme financial crisis facing the Westernnations. He has unique skills of unbiased analysis with synthesis of informationfrom his valuable sources. Since 2007, he has made over 17 correct forecastcalls, each at least a year ahead of time. If you read his work or listen tohis interviews, you will see what has been happening, know what to expect, andknow what to do."
(Charles in New Mexico)
"A Paradigm change is occurring for sure. Yourreports and analysis are historic documents, allowing future generations tohave an accurate account of what and why things went wrong so badly. There isno other written account that strings things along on the timeline, as yourwritings do. I share them with a handful of incredibly influential people whosedecisions 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 wrapone's head around where all this will end. But then, the universe strives for equilibriumand all will eventually balance out."
(The Voice, a European gold trader source)
Jim Willie CBis a statistical analyst in marketing research and retail forecasting. He holdsa PhD in Statistics. His career has stretched over 25 years. He aspires tothrive in the financial editor world, unencumbered by the limitations ofeconomic credentials. Visit his free newly revamped website to find articlesfrom 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 CBis a statistical analyst in marketing research and retail forecasting. He holdsa PhD in Statistics. His career has stretched over 25 years. He aspires tothrive in the financial editor world, unencumbered by the limitations ofeconomic credentials. Visit his free website to find articles from topflightauthors at www.GoldenJackass.com,which includes a Squirrel Mail public email facility.
Jim Willie CB Archive |
© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.