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#SpookdBlog to #Afaateid
Your analysis is correct, and supports #Tore's assessment.
Like diamonds, gold is established as "Coin of the Realm", so supported prices will continue to increase, for now.
My view is based on usnsupported pricing [so, I'm not selling off my gold reserves in fear of a sudden price drop].
I go back to the diamond example.
The Russkies developed a mechanical pressure process about 20+ years ago to create industrial diamonds which which were inexpensive, but necessary for cutting extremely hard materials [e.g., steel]. Their interest, at that time, was industrial, rather than direct profit. A friend of mine returned from Russia with a pocket full of these "rough" diamonds, which she took to a jeweler who paid her handsomely for these otherwise perfect diamonds - indistinguishable from regular "mined" diamonds.
It didn't take long for De Beers to cut a deal with the Russkies to keep them from marketing their perfect] industrial diamonds.
In fact, De Beers now markets their diamonds with "tiny 'engraved' serial numbers" to keep their brand intact, and discount "artificial" diamonds. So, De Beers diamonds did not lose their value.
The US Gold Reserve (transferred from Ft Knox), was stolen by the Bush/Mossad cabal during 9/11, but was recovered by Trump's SpeOps troops, who, along the way, recovered the Libyan gold stolen by Hillary during the Benghazi distraction.
The most recent recovery was the gold removed from the centuries old storage in the huge Vatican tunnels.
That's not to say that there will be a direct erosion of the value of gold, even given the known existence of this massive horde, instead, the world gold supply will simply be measured in "available" gold, supply will not be overwhelmed by demand.
It will instead be used to support national currencies in the US and the rest of the world
- just as it was prior to the the series of steps following the Wm Jennings Bryan "Cross of Gold" condemnation in 1896
1) Assault on the 1870s international Gold Standard after gold mining significantly increased the supply
2) the 1913 formation of the "centralized banking system" known as the Federal Reserve System.
3) FDR outlawed the "ownership" of gold in 1933,
4) The 1944 Breton Woods Agreement temporarily blocked the attacks on gold [then pegged at $35/oz] to support the
stability of national currencies backed by gold.
5) Nixon's "unpegging" of gold in 1971 to eliminate the gold standard,
6) which converted the US currency to the Federal Reserve Notes - essentially, worthless Fiat currency, backed by nothing.
The price of Gold, in turn, zoomed from $35/oz to the recent levels around $2,000/oz.
Now, I've over-simplified a century of financial history, but, the idea is that gold will return to support the US dollar
[replacing the Federal Reserve Note with US Treasury Gold Certificate currency - backed by gold).
I suggest that the price of gold (like the price of diamonds) will remain stable for quite a while, but, will eventually
[but not tomorrow] subside.
https://spookdblog.blogspot.com/2023/02/does-treasury-now-own-federal-reserve.html
Your analysis is correct, and supports #Tore's assessment.
Like diamonds, gold is established as "Coin of the Realm", so supported prices will continue to increase, for now.
My view is based on usnsupported pricing [so, I'm not selling off my gold reserves in fear of a sudden price drop].
I go back to the diamond example.
The Russkies developed a mechanical pressure process about 20+ years ago to create industrial diamonds which which were inexpensive, but necessary for cutting extremely hard materials [e.g., steel]. Their interest, at that time, was industrial, rather than direct profit. A friend of mine returned from Russia with a pocket full of these "rough" diamonds, which she took to a jeweler who paid her handsomely for these otherwise perfect diamonds - indistinguishable from regular "mined" diamonds.
It didn't take long for De Beers to cut a deal with the Russkies to keep them from marketing their perfect] industrial diamonds.
In fact, De Beers now markets their diamonds with "tiny 'engraved' serial numbers" to keep their brand intact, and discount "artificial" diamonds. So, De Beers diamonds did not lose their value.
The US Gold Reserve (transferred from Ft Knox), was stolen by the Bush/Mossad cabal during 9/11, but was recovered by Trump's SpeOps troops, who, along the way, recovered the Libyan gold stolen by Hillary during the Benghazi distraction.
The most recent recovery was the gold removed from the centuries old storage in the huge Vatican tunnels.
That's not to say that there will be a direct erosion of the value of gold, even given the known existence of this massive horde, instead, the world gold supply will simply be measured in "available" gold, supply will not be overwhelmed by demand.
It will instead be used to support national currencies in the US and the rest of the world
- just as it was prior to the the series of steps following the Wm Jennings Bryan "Cross of Gold" condemnation in 1896
1) Assault on the 1870s international Gold Standard after gold mining significantly increased the supply
2) the 1913 formation of the "centralized banking system" known as the Federal Reserve System.
3) FDR outlawed the "ownership" of gold in 1933,
4) The 1944 Breton Woods Agreement temporarily blocked the attacks on gold [then pegged at $35/oz] to support the
stability of national currencies backed by gold.
5) Nixon's "unpegging" of gold in 1971 to eliminate the gold standard,
6) which converted the US currency to the Federal Reserve Notes - essentially, worthless Fiat currency, backed by nothing.
The price of Gold, in turn, zoomed from $35/oz to the recent levels around $2,000/oz.
Now, I've over-simplified a century of financial history, but, the idea is that gold will return to support the US dollar
[replacing the Federal Reserve Note with US Treasury Gold Certificate currency - backed by gold).
I suggest that the price of gold (like the price of diamonds) will remain stable for quite a while, but, will eventually
[but not tomorrow] subside.
https://spookdblog.blogspot.com/2023/02/does-treasury-now-own-federal-reserve.html
Blogspot
Does Treasury Now Own the Federal Reserve Bank?
SpookdBlog: Commentary on POTUS, Congress, Deep State, The Swamp, Intelligence Community, News Media, Science, and False Flag and Anomalous Events.
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Forwarded from SpookdBlog Comments
#SpookdBlog to #Ben
Your question is valid, and I'll answer after I have few moments to ensure a thorough answer.
In the meantime, this link may give you some useful information on the gold supply.
https://swarajyamag.com/infrastructure/ugandas-gold-discovery-what-it-could-mean-for-world-gold-market
Your question is valid, and I'll answer after I have few moments to ensure a thorough answer.
In the meantime, this link may give you some useful information on the gold supply.
https://swarajyamag.com/infrastructure/ugandas-gold-discovery-what-it-could-mean-for-world-gold-market
Swarajyamag
Uganda's Discovery Of '31 Million Tonnes Of Gold Ore' And What It Could Mean For World Gold Market
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Forwarded from SpookdBlog Comments
Some of you have asked for clarification on Intelligence programs targeting US Citizens. So, I've reached into the historical grab-bag to describe some of them, which I'm sure are no longer active since they were determined to be illegal.
https://spookdblog.blogspot.com/2023/06/spying-on-america.html
https://spookdblog.blogspot.com/2023/06/spying-on-america.html
Blogspot
Spying on America
SpookdBlog: Commentary on POTUS, Congress, Deep State, The Swamp, Intelligence Community, News Media, Science, and False Flag and Anomalous Events.
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Forwarded from SpookdBlog Comments
The Chinese invasion has begun.
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Forwarded from SpookdBlog Comments
#SpookdBlog to #Maria
0bama still has lots links that need to monitored to identify his entire network - and eliminate them as well.
He was installed by a global network, with Deep State coordinating US Govt and the News Media.
Our entire government was infiltrated after JFK was assassinated - and it wasn’t halted until Trump took control w SpecOps backing.
We still have a ways to go.
0bama still has lots links that need to monitored to identify his entire network - and eliminate them as well.
He was installed by a global network, with Deep State coordinating US Govt and the News Media.
Our entire government was infiltrated after JFK was assassinated - and it wasn’t halted until Trump took control w SpecOps backing.
We still have a ways to go.
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Forwarded from SpookdBlog Comments
In keeping with my promise to publicize interesting Intelligence programs, I researched my files and found a "Draft" post from 2014 which somehow, never made it to publication.
So, here you have it.
https://spookdblog.blogspot.com/2014/12/are-mass-shooters-programmed.html
So, here you have it.
https://spookdblog.blogspot.com/2014/12/are-mass-shooters-programmed.html
Blogspot
Are Mass Shooters Programmed
SpookdBlog: Commentary on POTUS, Congress, Deep State, The Swamp, Intelligence Community, News Media, Science, and False Flag and Anomalous Events.
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Forwarded from SpookdBlog Comments
X (formerly Twitter)
Chaos Coordinator on X
RT @idontexistTore: Woah! @tiktok_us banned this video? Why? #whatdidisay . #WellPlayed #WagnerGrp small 🥔
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Forwarded from SpookdBlog Comments
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