Episodes
Thursday Jul 22, 2021
Silver Price $226.86 oz Outside COMEX Hours 1970-2021
Thursday Jul 22, 2021
Thursday Jul 22, 2021
I know it sounds ridiculous.
As if I added an extra "$200" per troy ounce to the silver spot price in this article's headline.
But that is the current damning East vs. West silver "price discovery" data aggregated over the last +50 years.
Here is a quick background on how "polite" western silver and gold price suppression is.
I would argue it's more ridiculous to publically say that daily and weekly spoofing of the precious metals price discovery markets to the downside tens of thousands of times over a decade doesn't damage the price of an item, over time, compounding to the downside.
So here we continue to await the coming silver bullion shortage, front running, and likely coming gold bullion shortage (of available quickly deliverable bullion, in real size, at reasonable prices versus spot).
A bit of bad news, good news to start this week’s SD Bullion market update.
Most often miscalled a US dollar, the fiat Federal Reserve note continues devaluing in real purchasing power at rates not seen in nearly 40 years.
The good news is, silver and gold continue being mispriced discovered by outsized derivative and fiat financialized markets that act as having little to no clue on the capital flow comeuppance to come.
In other words, investors can still get physical precious metals positions at comparatively low historical valuations to other asset classes propped and stubbornly still hovering in bubble status.
Prices reportedly increased near 1% from May to June 2021, signifying double-digit inflation using the government’s hedonic quality rigged, underreported inflation figures.
CNBC Pumping Silver Squeeze Segments:
— James Anderson ▂▃▅ #SilverSqueeze (@jameshenryand) July 13, 2021
--- https://t.co/FggqKtECQv ---
US Inflation now worse than South Africa
re: #Silver $Silver #Bullion $PSLV >>> $SLV $SIVR#SilverSqueeze https://t.co/iBqOU8fExg pic.twitter.com/Mpl5vCubV8
The following clip is courtesy of this week’s PBS Frontline documentary on the outsized power the private US central bank has over average citizens' lives at the moment.
Here is one of its most apologetic Fed employees, Need Kashkari, shirking responsibility for the supposed regulatory mandates the Federal Reserve is mandated to fulfill.
FULL supposed critical FEDERAL RESERVE
— James Anderson ▂▃▅ #SilverSqueeze (@jameshenryand) July 15, 2021
PBS FRONTLINE doc link below
Kash Carry stars as just another
self-interested fake regulator fraudster in motion
He plays it perfectly, taking 0% responsibility for their folly leveraging further
Yet another Financial Crisis is inevitable https://t.co/d8cveT7kDW pic.twitter.com/JUq96V1gds
Pam and Russ Martens of WallStreetOnParade.com point out that over the last 15 and one-half years, the Federal Reserve has approved 3,576 bank mergers. It has denied not one proposed bank merger in the last more than a decade and one half of time.
They go on in this Federal Reserve failure to regulate article. Stating that, the:
"decline in the number of overall banks fails to capture the gargantuan concentration of assets at just four banking behemoths: JPMorgan Chase, Bank of America, Wells Fargo, and Citibank. According to the March 31, 2021 report from the Federal Reserve, just four banks own $9 trillion in assets of the total $22.56 trillion in assets owned by all 4,978 federally-insured banks and savings associations in the country.
To put it more poignantly, those four banks represent just 0.08 percent of all the banks in the country while controlling 40 percent of the assets."
And now the fiat Federal Reserve is pushing for a new fiat Central Bank Digital Currency unit, often called FedCoin, which will likely result in even more bank concentration once it begins being issued likely later this decade.
BIS' Agustín Carstens is a great #Bullion salesman
— James Anderson ▂▃▅ #SilverSqueeze (@jameshenryand) October 30, 2020
Here is he was talking about Central Bank Digital Currency #CBDC and #CrossBorderPayments killing cash, giving gov't central banks near-total control
--https://t.co/40TQWO37Yd https://t.co/FYrpZZmSTq pic.twitter.com/EhNzYdBSf2
To end this week's SD Bullion update on brighter news and trends building.
The central bank of Brazil continued the trend of the emerging market country's going long gold bullion reserves adding 41.8 metric tonnes to its Official Gold Reserves in June 2021.
To put that gold bullion buying into perspective, that is akin to buying 3,600 of these 400 oz gold bars you see here.
In terms of the largest net monthly gold bullion reserve buying, six to seven of the largest ten gold bullion buys have happened in the last few years. This trend is unlikely to slow, in other words.
1 yr base for higher $Silver prices being built... https://t.co/IwPxNDWvE2 pic.twitter.com/hbIi1OUYdb
— James Anderson ▂▃▅ #SilverSqueeze (@jameshenryand) July 14, 2021
Turning to the base that the spot silver price has been building over the last near one year of time, my belief is it will ultimately be resolved in the medium and longer-term, strongly to the upside.
I say this confidently, knowing that silver's aggregated eastern trading price is still hovering around $226 fiat Federal Reserve notes or fiat US dollars per troy ounce.
Go back to the start of this article, and see the first embedded tweet, to see this east vs. west silver price discovery chart in both a non-logarithmic and logarithmic scale.
I contend that the RED silver spot price will again meet the BLUE eastern aggregated spot price from 2006-2008 and in early 2011.
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