Forwarded from JF 888
‼️The World Health Organization (WHO) has admitted that so-called “monkeypox” is actually a side effect of Covid mRNA “vaccines.”
The United Nations “health” buried the admission on the WHO’s VigiAccess website.
The website contains a database that lists all known side effects of all drugs and vaccines that have been approved for public use.
Under “potential side effects” for the Pfizer BioNTech COVID-19 vaccine, the WHO lists “monkeypox,” “smallpox,” and “cow pox” among hundreds of other disorders.
They are listed under “infections and infestations” that emerge as “side effects” of the Pfizer mRNA vaccine.
The United Nations “health” buried the admission on the WHO’s VigiAccess website.
The website contains a database that lists all known side effects of all drugs and vaccines that have been approved for public use.
Under “potential side effects” for the Pfizer BioNTech COVID-19 vaccine, the WHO lists “monkeypox,” “smallpox,” and “cow pox” among hundreds of other disorders.
They are listed under “infections and infestations” that emerge as “side effects” of the Pfizer mRNA vaccine.
Norway: Continued increase in cardiac medication use among young people after the Covid vaccine rollout
Jarle Aarstad
Apr 03, 2025
https://jarle.substack.com/p/norway-continued-increase-in-cardiac?r=1jr042&utm_medium=ios&triedRedirect=true
Jarle Aarstad
Apr 03, 2025
https://jarle.substack.com/p/norway-continued-increase-in-cardiac?r=1jr042&utm_medium=ios&triedRedirect=true
Substack
Norway: Continued increase in cardiac medication use among young people after the Covid vaccine rollout
English translation of a previous post.
If you are interested in the events in France, you can have this German article translated into English:
https://apolut.net/hintergrunde-zum-wahlausschluss-von-marine-le-pen-von-norbert-haring/
https://apolut.net/hintergrunde-zum-wahlausschluss-von-marine-le-pen-von-norbert-haring/
apolut | Jetzt erst recht!
Hintergründe zum Wahlausschluss von Marine Le Pen | Von Norbert Häring
Erst hat das rumänische Verfassungsgericht einen rechten Präsidentschaftskandidaten mit guten Siegeschancen von der Wahl ausgeschlossen, nun tut das französische dasselbe. Die Personalie des Vorsitzenden ist dabei besonders interessant und anrüchig.
Forwarded from Dr Mike Yeadon solo channel (Mike Yeadon)
https://bailiwicknews.substack.com/p/foreign-biological-matter-introduced
You might be aware that your body has multiple defences against ingress by potentially injurious materials and chemicals. They’re imperfect but pretty well adapted to our environment. Eating something dangerous often makes us sick, to the point of vomiting. That’s assuming the smell wasn’t off putting.
Obviously some things can be absorbed and poison you, such as cyanide.
Things landing on your skin have a hard time penetrating in quantity. Again, there are exceptions like DMSO, which you can taste just seconds after placing a drop on your skin. Most molecules are of a nature chemically which makes them impossible to cross the multiple layers of skin at any pace. It’s a very good protection. You can inhale toxic gases and smoke, and that can certainly kill you. But importantly, you almost certainly know about it. It will usually make you cough, secretions are prompted and it stings. This prompts you to get away quickly enough to survive, unless you’re trapped, in a fire for example. The rare exceptions include carbon monoxide, odourless and slowly poisoning you with no warnings that you’re likely to notice.
Certain chemicals like nerve agents that can be presented as vapours, liquids and even solids and can injure & kill you via all routes of exposure. But then again, they were designed that way. I know a little about these, because I worked on antidotes while I was at Porton Down.
This is a preamble. Because what injections via hollow needles do is to introduce anything which can be dissolved in a solvent compatible with life into your body, entirely bypassing all your primary defences. You have some secondary defences, notably your body’s ability to grab foreign chemicals by virtue of their molecular signatures that distinguishes them from almost anything else in your body. You can eliminate these via your liver, in bile. You can cut them up, again in your liver mostly, but also in skin, your largest organ, and you can add things to them, all of which makes them easier to filter out, via your kidneys into urine or again, into your intestines and out via your liver and bile duct.
Far better not to get toxic materials into your body in the first place. Unless you’re in a laboratory containing numerous chemicals which may be toxic or an industrial setting like a garage or workshop, where there may be solvents, paints etc which can be very toxic, you don’t need to try too hard to keep healthy and free of major threats.
Outside, best not to randomly eat things you find, unless you know what they are & that they can be safely consumed. In some countries, you’ll know to watch out for stinging insects and perhaps snakes or sea creatures with sharp spines.
What all of these have in common is the ability to puncture your primary defences and introduce something harmful, sometimes fatal.
That’s where the hypodermic hollow needle comes in. It does exactly the same thing. Attached to a syringe (a tube with a plunger), it’s possible to introduce variable volumes of liquids into your body. Stuck in you under your skin (we call this subcutaneous or subcut) or into a muscle (intramuscular or IM) you can push in a millilitre or so. More & it hurts by physically expanding your tissue in a way it doesn’t like. But introduced into a superficial vein, such as in your forearm (mine are as big as biros, when I’m warm!), an indwelling soft plastic cannula can be used to deliver as much as the person doing it chooses. No defences are possible. So you’d want to be very sure that what’s happening here is beneficial. As a general rule of thumb, I’m now intrinsically against anybody injecting anything into me, with the sole exception of low volumes of local anaesthetic. I’ve always had dental problems (another day) so I’ve had scores of such injections, and my experience of them has always been to extinguish the pain I was experiencing and permit the dentist to do whatever was necessary to terminate the problem.
You might be aware that your body has multiple defences against ingress by potentially injurious materials and chemicals. They’re imperfect but pretty well adapted to our environment. Eating something dangerous often makes us sick, to the point of vomiting. That’s assuming the smell wasn’t off putting.
Obviously some things can be absorbed and poison you, such as cyanide.
Things landing on your skin have a hard time penetrating in quantity. Again, there are exceptions like DMSO, which you can taste just seconds after placing a drop on your skin. Most molecules are of a nature chemically which makes them impossible to cross the multiple layers of skin at any pace. It’s a very good protection. You can inhale toxic gases and smoke, and that can certainly kill you. But importantly, you almost certainly know about it. It will usually make you cough, secretions are prompted and it stings. This prompts you to get away quickly enough to survive, unless you’re trapped, in a fire for example. The rare exceptions include carbon monoxide, odourless and slowly poisoning you with no warnings that you’re likely to notice.
Certain chemicals like nerve agents that can be presented as vapours, liquids and even solids and can injure & kill you via all routes of exposure. But then again, they were designed that way. I know a little about these, because I worked on antidotes while I was at Porton Down.
This is a preamble. Because what injections via hollow needles do is to introduce anything which can be dissolved in a solvent compatible with life into your body, entirely bypassing all your primary defences. You have some secondary defences, notably your body’s ability to grab foreign chemicals by virtue of their molecular signatures that distinguishes them from almost anything else in your body. You can eliminate these via your liver, in bile. You can cut them up, again in your liver mostly, but also in skin, your largest organ, and you can add things to them, all of which makes them easier to filter out, via your kidneys into urine or again, into your intestines and out via your liver and bile duct.
Far better not to get toxic materials into your body in the first place. Unless you’re in a laboratory containing numerous chemicals which may be toxic or an industrial setting like a garage or workshop, where there may be solvents, paints etc which can be very toxic, you don’t need to try too hard to keep healthy and free of major threats.
Outside, best not to randomly eat things you find, unless you know what they are & that they can be safely consumed. In some countries, you’ll know to watch out for stinging insects and perhaps snakes or sea creatures with sharp spines.
What all of these have in common is the ability to puncture your primary defences and introduce something harmful, sometimes fatal.
That’s where the hypodermic hollow needle comes in. It does exactly the same thing. Attached to a syringe (a tube with a plunger), it’s possible to introduce variable volumes of liquids into your body. Stuck in you under your skin (we call this subcutaneous or subcut) or into a muscle (intramuscular or IM) you can push in a millilitre or so. More & it hurts by physically expanding your tissue in a way it doesn’t like. But introduced into a superficial vein, such as in your forearm (mine are as big as biros, when I’m warm!), an indwelling soft plastic cannula can be used to deliver as much as the person doing it chooses. No defences are possible. So you’d want to be very sure that what’s happening here is beneficial. As a general rule of thumb, I’m now intrinsically against anybody injecting anything into me, with the sole exception of low volumes of local anaesthetic. I’ve always had dental problems (another day) so I’ve had scores of such injections, and my experience of them has always been to extinguish the pain I was experiencing and permit the dentist to do whatever was necessary to terminate the problem.
Substack
Foreign biological matter introduced into the blood through natural wounds and artificial wounds.
Marc Girardot posed a question about Sasha Latypova’s views.
Forwarded from Dr Mike Yeadon solo channel (Mike Yeadon)
But injections of other things, importantly fake products like “vaccines”, I’m never allowing voluntarily. I think this route of administration has been sanitised so that most people don’t think of it as a breach of every primary defence nature gave you. They’re also unaware that all products called “vaccines” are a deception. None are necessary, or helpful & many are dangerous, deliberately.
One researcher, Marc Giradot, has pursued the “bolus theory” or injury following “vaccination”. I’ve several times pointed out to him that the fake “vaccines” against “covid19” (or rather, in the fake vernacular, against “SARS-CoV-2”) are designed to injure, kill and reduce fertility in survivors. It’s not necessary to promulgate one theory of harm over just injecting you. He may well be correct in thinking that introduction into the vascular system is even more dangerous than into the muscle. But it’s an irrelevant distraction. Don’t fall for it. I’m concerned that his message will be interpreted by some as “If only the needle was aspirated to confirm that it’s not in a blood vessel, the procedure will be safe”. That’s not true. These materials are toxic by design.
Returning to route of delivery as I close. A general rule of thumb is that the toxicity of most chemicals is worse, injuring you after a smaller dose, if injected than if you’re exposed by any other route. That logically follows from what I’ve described & is a very useful guide.
Don’t accept injections unless you’re certain what’s to be injected, and that you are sure it’s necessary & not harmful. That’ll rule out most such exposures.
Best wishes
Mike
One researcher, Marc Giradot, has pursued the “bolus theory” or injury following “vaccination”. I’ve several times pointed out to him that the fake “vaccines” against “covid19” (or rather, in the fake vernacular, against “SARS-CoV-2”) are designed to injure, kill and reduce fertility in survivors. It’s not necessary to promulgate one theory of harm over just injecting you. He may well be correct in thinking that introduction into the vascular system is even more dangerous than into the muscle. But it’s an irrelevant distraction. Don’t fall for it. I’m concerned that his message will be interpreted by some as “If only the needle was aspirated to confirm that it’s not in a blood vessel, the procedure will be safe”. That’s not true. These materials are toxic by design.
Returning to route of delivery as I close. A general rule of thumb is that the toxicity of most chemicals is worse, injuring you after a smaller dose, if injected than if you’re exposed by any other route. That logically follows from what I’ve described & is a very useful guide.
Don’t accept injections unless you’re certain what’s to be injected, and that you are sure it’s necessary & not harmful. That’ll rule out most such exposures.
Best wishes
Mike
Substack
Foreign biological matter introduced into the blood through natural wounds and artificial wounds.
Marc Girardot posed a question about Sasha Latypova’s views.
It concerns the post below.
Dr. Mike Yeadon recommends my Substack again. This time, we've officially merged our Substacks. For me, this is a huge vote of confidence.
Best regards,
Suavek
Dr. Mike Yeadon recommends my Substack again. This time, we've officially merged our Substacks. For me, this is a huge vote of confidence.
Best regards,
Suavek
https://drmikeyeadon.substack.com/p/my-other-substack
My “other substack”
I would like to try again to urge all of my subscribers to subscribe to Suavek’s publication, and I’d like to explain why.
Dr Mike Yeadon
Apr 04, 2025
I write every day on Telegram. Often several posts.
Currently there is only one way these writings make their way to Substack and that is via the prolific and carefully constructed, curated posts on Suavek
s publication;
Fraud Prevention Hotline
If you are interested in my words and you subscribe to my Substack it makes sense that you also subscribe to my ‘companion publication’, Suavek’s to get a fuller picture. You can subscribe for free or, if you are able, support him with a paid subscription. As in my publication, no material on Suavek’s publication is behind a paywall. Support is voluntary.
Currently I send the material for my posts to Tim. I am tiptoe-ing into Notes and Restacks but have not yet stepped into the mechanics of post writing myself. Though this is imminent, as Tim will give me no peace until I am doing so.
This currently means my posts on Substack are small in number.
On Telegram I am more prolific and Suavek presents magazine like collections of these, and of other material, including contributions from other voices, tied up with a short editorial in a series of focused posts. It is terrific work. It deserves to be seen and supported and I hope you will take my strong recommendation favourably and act on it.
A recent post from the multi-part series (there are many such series) of which I previously posted the beginning.
https://suavek1.substack.com/p/toxic-by-design-part-22-dr-mike-yeadon
Best Wishes
Mike
My “other substack”
I would like to try again to urge all of my subscribers to subscribe to Suavek’s publication, and I’d like to explain why.
Dr Mike Yeadon
Apr 04, 2025
I write every day on Telegram. Often several posts.
Currently there is only one way these writings make their way to Substack and that is via the prolific and carefully constructed, curated posts on Suavek
s publication;
Fraud Prevention Hotline
If you are interested in my words and you subscribe to my Substack it makes sense that you also subscribe to my ‘companion publication’, Suavek’s to get a fuller picture. You can subscribe for free or, if you are able, support him with a paid subscription. As in my publication, no material on Suavek’s publication is behind a paywall. Support is voluntary.
Currently I send the material for my posts to Tim. I am tiptoe-ing into Notes and Restacks but have not yet stepped into the mechanics of post writing myself. Though this is imminent, as Tim will give me no peace until I am doing so.
This currently means my posts on Substack are small in number.
On Telegram I am more prolific and Suavek presents magazine like collections of these, and of other material, including contributions from other voices, tied up with a short editorial in a series of focused posts. It is terrific work. It deserves to be seen and supported and I hope you will take my strong recommendation favourably and act on it.
A recent post from the multi-part series (there are many such series) of which I previously posted the beginning.
https://suavek1.substack.com/p/toxic-by-design-part-22-dr-mike-yeadon
Best Wishes
Mike
Substack
My “other substack”
I would like to try again to urge all of my subscribers to subscribe to Suavek’s publication, and I’d like to explain why.
Cleveland Clinic Confirms Flu Vaccine Ineffective, Warns of Harms
Following a major study, the world-renowned Cleveland Clinic has confirmed that influenza vaccines are ineffective at preventing flu cases and only increase the risk of harm.
Lioness of Judah Ministry
Apr 08, 2025
https://lionessofjudah.substack.com/p/cleveland-clinic-confirms-flu-vaccine?utm_source=cross-post&publication_id=581065&post_id=160818482&utm_campaign=1030239&isFreemail=true&r=36k7hc&triedRedirect=true&utm_medium=email
Following a major study, the world-renowned Cleveland Clinic has confirmed that influenza vaccines are ineffective at preventing flu cases and only increase the risk of harm.
Lioness of Judah Ministry
Apr 08, 2025
https://lionessofjudah.substack.com/p/cleveland-clinic-confirms-flu-vaccine?utm_source=cross-post&publication_id=581065&post_id=160818482&utm_campaign=1030239&isFreemail=true&r=36k7hc&triedRedirect=true&utm_medium=email
Substack
Cleveland Clinic Confirms Flu Vaccine Ineffective, Warns of Harms
Following a major study, the world-renowned Cleveland Clinic has confirmed that influenza vaccines are ineffective at preventing flu cases and only increase the risk of harm.
Loitering On The Edge cross-posted a post from Exposing The Darkness
DrLatusDextroApr 8 · Loitering On The Edge
For those devoted to annual 'flu shots...perhaps it is finally time to rethink your nodding devotion to BigPharma?
Faith may be a wonderful gift; brainwashing though is an affliction, as much as it appears a curse.
Keep in mind there are a legion of us that never had one, never wanted one, and never depended on one ... and that applies to the COVID shots.
And here, yet another vignette exposing history.
Flu Jabs - Ineffective for Decades ~ Back when MSM reported the truth.
https://metatron.substack.com/p/flu-jabs-ineffective-for-decades
DrLatusDextroApr 8 · Loitering On The Edge
For those devoted to annual 'flu shots...perhaps it is finally time to rethink your nodding devotion to BigPharma?
Faith may be a wonderful gift; brainwashing though is an affliction, as much as it appears a curse.
Keep in mind there are a legion of us that never had one, never wanted one, and never depended on one ... and that applies to the COVID shots.
And here, yet another vignette exposing history.
Flu Jabs - Ineffective for Decades ~ Back when MSM reported the truth.
https://metatron.substack.com/p/flu-jabs-ineffective-for-decades
Substack
Flu Jabs - Ineffective for Decades
Back when MSM reported the truth.
A new article by JESSICA HOCKETT and a compilation of all her articles on flu :
....................................................................
Documenting the time Alex Berenson called me a boring, intellectually lazy, conspiracy theorist who was cosplaying badly at journalism
Jessica Hockett
Apr 09, 2025
https://www.woodhouse76.com/p/documenting-the-time-alex-berenson
The compilation of all articles by Jessica Hockett about flu and flu "vaccination" : https://www.woodhouse76.com/s/flu-disappearance
....................................................................
Documenting the time Alex Berenson called me a boring, intellectually lazy, conspiracy theorist who was cosplaying badly at journalism
Jessica Hockett
Apr 09, 2025
https://www.woodhouse76.com/p/documenting-the-time-alex-berenson
The compilation of all articles by Jessica Hockett about flu and flu "vaccination" : https://www.woodhouse76.com/s/flu-disappearance
Woodhouse76
Documenting the time Alex Berenson called me a boring, intellectually lazy, conspiracy theorist who was cosplaying badly at journalism
In view of Alex Berenson’s ‘realization’ about flu shots today, I would like to archive some tweets/content from October 2023.
https://drmikeyeadon.substack.com/p/the-ultimate-trojan-horse
The ultimate Trojan Horse
How to smuggle foreign invaders through many layers of strong protection? Easy.
Dr Mike Yeadon
Apr 08, 2025
( ... )
The combined work of Katherine Watt
and Sasha Latypova
has laid bare the non-distinguishability of toxins and vaccines and prophylactics in law, the deliberate lack of definitions and monitoring stretching back centuries. The sheer amount of Katherine’s Research makes for a heavy time investment to really get to grip with the smoke and mirrors, time well worth spending,
but this interview is a terrific summary : https://bailiwicknews.substack.com/p/history-of-public-health-laws-as
( ... )
The ultimate Trojan Horse
How to smuggle foreign invaders through many layers of strong protection? Easy.
Dr Mike Yeadon
Apr 08, 2025
( ... )
The combined work of Katherine Watt
and Sasha Latypova
has laid bare the non-distinguishability of toxins and vaccines and prophylactics in law, the deliberate lack of definitions and monitoring stretching back centuries. The sheer amount of Katherine’s Research makes for a heavy time investment to really get to grip with the smoke and mirrors, time well worth spending,
but this interview is a terrific summary : https://bailiwicknews.substack.com/p/history-of-public-health-laws-as
( ... )
Substack
The ultimate Trojan Horse
How to smuggle foreign invaders through many layers of strong protection? Easy.
Forwarded from Dr Mike Yeadon solo channel (Mike Yeadon)
https://youtu.be/xpazX1pLCbE
In posting this, I’m assuming you’re aware of David Rogers Webb’s free pdf booklet called “The Great Taking”.
This is legalised theft and is a fundamental part of The Great Reset.
If not, please go & read it now.
Then, please listen to the interview, his third with the same host.
I recognise the weariness about him.
Please don’t just leave you assets (if you have any which are accessible) where they are and take no action.
Legalised stealing of most people’s assets is a fundamental part of The Great Reset.
Best wishes
Mike
In posting this, I’m assuming you’re aware of David Rogers Webb’s free pdf booklet called “The Great Taking”.
This is legalised theft and is a fundamental part of The Great Reset.
If not, please go & read it now.
Then, please listen to the interview, his third with the same host.
I recognise the weariness about him.
Please don’t just leave you assets (if you have any which are accessible) where they are and take no action.
Legalised stealing of most people’s assets is a fundamental part of The Great Reset.
Best wishes
Mike
YouTube
Bank Lobby Threatens ‘Great Taking’ Author: “Only You Can Save Yourself Now”
“The banking lobby is a bully, and they threaten people,” says David Webb, author of The Great Taking book and documentary. In this exclusive interview with Daniela Cambone, Webb shares a challenging update on the ongoing legal battle to change Article 8…
Forwarded from Dr Mike Yeadon solo channel (Mike Yeadon)
Backwardation gold.pdf
77.3 KB
This is not investment advice. I’m neither qualified nor knowledgeable enough to do that.
However, I remember “backwardation” from 2008. Seeing it in silver for the first time in decades (or ever?) really made me jump today.
The attached short paper was prompted by the first ever occasion of backwardation of gold, which occurred during the 2008 Global Financial Crisis (almost certainly a manufactured event though no less real for that). The author was very clear about the likely implications of backwardation here.
Some people believe it’s a signal that we’re approaching the end of the global, unbacked, fiat currency system which has existed since the 1944 Breton Woods agreement as amended by the 1971 removal of the US dollar from the gold standard (the US ended the ability to convert USD into gold at a fixed price).
All governments are using one version or another of currencies backed by nothing beyond “confidence”.
History teaches that every such money system goes to zero, albeit in an unpredictable way especially in relation to timing.
What a perfect prelude to a Reset! If our money is declared worthless and if our assets are legally stolen, the vast majority of us will do exactly what they’re told by their governments.
Only the perpetrators know the timing & means of such a Reset, if that’s what this is about.
Normally, you can buy any commodity that’s traded in a number of ways. The most straightforward is to buy (or sell) in the “spot market”. The price you see as you click the execute trade button is what you’ll pay (or receive). The goods turn up a couple of days later.
Because commodities are being created all the time, you can also buy an option to buy the commodity in the future, say in three months. Now, for all commodities & for so long as there’s been a futures market, the futures price will be higher than spot. There are storage costs to the seller and more importantly they don’t get paid for three months (so forgo interest) yet carry the liability to deliver the goods. That normal premium varies between actual commodities and with market sentiment. This state of affairs is called contango. Why, I couldn’t tell you. It’s probably intended to confuse rather than to clarify.
Under exceptional conditions, the futures price is lower than spot, todays price. If you had confidence that all transactions would be honoured, this is free money. You’d sell your commodity and get the proceeds, and you could buy it all back in the futures market at a lower price, pocketing the difference. That’s why this generally can’t happen. This distortion is called “backwardation”. It was seen previously & briefly in gold in 2008 & it exists right now, in silver. I recall it happening in crude oil in 2008 (IIRC) and that’s what prompted me to learn a little about it.
What does backwardation signify here? One interpretation is that there are concerns about supply, which would force up spot prices. But if futures prices are lower, that’s got to include the possibility that you’re simply not going to get the silver indicated on your futures contract. Supply isn’t limiting. There’s a few years of mined output available above ground.
One commentator, who is a “gold bug”, stated that their concern is that we’re approaching the end of the fiat money era. Hence the extraordinary imperative to buy it right now, in the spot market, while obtaining it remains possible.
I am concerned that one component of The Great Reset is destruction of sovereign currencies. If you’ve even a little spare money, you could do a lot worse than to own a few coins of silver or gold.
One final thing about precious metals: there’s no “counterparty risk”. If you own UK “gilts” or US Treasuries, there’s always the risk of default.
Anyway, this event disturbed me enough to write a post on it. Make of that what you will. It’d be true to observe that I’ve got a certain view of the future which colours everything I see or read. It doesn’t mean it’s correct.
Best wishes
Mike
However, I remember “backwardation” from 2008. Seeing it in silver for the first time in decades (or ever?) really made me jump today.
The attached short paper was prompted by the first ever occasion of backwardation of gold, which occurred during the 2008 Global Financial Crisis (almost certainly a manufactured event though no less real for that). The author was very clear about the likely implications of backwardation here.
Some people believe it’s a signal that we’re approaching the end of the global, unbacked, fiat currency system which has existed since the 1944 Breton Woods agreement as amended by the 1971 removal of the US dollar from the gold standard (the US ended the ability to convert USD into gold at a fixed price).
All governments are using one version or another of currencies backed by nothing beyond “confidence”.
History teaches that every such money system goes to zero, albeit in an unpredictable way especially in relation to timing.
What a perfect prelude to a Reset! If our money is declared worthless and if our assets are legally stolen, the vast majority of us will do exactly what they’re told by their governments.
Only the perpetrators know the timing & means of such a Reset, if that’s what this is about.
Normally, you can buy any commodity that’s traded in a number of ways. The most straightforward is to buy (or sell) in the “spot market”. The price you see as you click the execute trade button is what you’ll pay (or receive). The goods turn up a couple of days later.
Because commodities are being created all the time, you can also buy an option to buy the commodity in the future, say in three months. Now, for all commodities & for so long as there’s been a futures market, the futures price will be higher than spot. There are storage costs to the seller and more importantly they don’t get paid for three months (so forgo interest) yet carry the liability to deliver the goods. That normal premium varies between actual commodities and with market sentiment. This state of affairs is called contango. Why, I couldn’t tell you. It’s probably intended to confuse rather than to clarify.
Under exceptional conditions, the futures price is lower than spot, todays price. If you had confidence that all transactions would be honoured, this is free money. You’d sell your commodity and get the proceeds, and you could buy it all back in the futures market at a lower price, pocketing the difference. That’s why this generally can’t happen. This distortion is called “backwardation”. It was seen previously & briefly in gold in 2008 & it exists right now, in silver. I recall it happening in crude oil in 2008 (IIRC) and that’s what prompted me to learn a little about it.
What does backwardation signify here? One interpretation is that there are concerns about supply, which would force up spot prices. But if futures prices are lower, that’s got to include the possibility that you’re simply not going to get the silver indicated on your futures contract. Supply isn’t limiting. There’s a few years of mined output available above ground.
One commentator, who is a “gold bug”, stated that their concern is that we’re approaching the end of the fiat money era. Hence the extraordinary imperative to buy it right now, in the spot market, while obtaining it remains possible.
I am concerned that one component of The Great Reset is destruction of sovereign currencies. If you’ve even a little spare money, you could do a lot worse than to own a few coins of silver or gold.
One final thing about precious metals: there’s no “counterparty risk”. If you own UK “gilts” or US Treasuries, there’s always the risk of default.
Anyway, this event disturbed me enough to write a post on it. Make of that what you will. It’d be true to observe that I’ve got a certain view of the future which colours everything I see or read. It doesn’t mean it’s correct.
Best wishes
Mike
The Age of Depopulation - PART 12.
Dr. Ronny Weikl : We are dealing with an intention to harm and decimate humanity. This information should have reached people long ago. Afterword : Dr. Mike Yeadon.
Dr. Ronny Weikl : "This is not a conspiracy theory; this is unfortunately the most brutal fact."
Suavek
Apr 16, 2025
https://suavek1.substack.com/p/the-age-of-depopulation-part-12-dr
Dr. Ronny Weikl : We are dealing with an intention to harm and decimate humanity. This information should have reached people long ago. Afterword : Dr. Mike Yeadon.
Dr. Ronny Weikl : "This is not a conspiracy theory; this is unfortunately the most brutal fact."
Suavek
Apr 16, 2025
https://suavek1.substack.com/p/the-age-of-depopulation-part-12-dr
👍1