Rob Kirby – Bankers Will Send Gold and Silver Prices to the Moon
If they stop pushing the price of gold down in the markets with paper shares, the elites fear the rise in the price of gold would lead to mania and a loss of confidence in the current fiat monetary system, according to Rob Kirby in a recent interview with Greg Hunter. The Federal Reserve and the central bankers have been dumping paper contracts for gold with the London Gold Fix and on the COMEX to artificially suppress the price of gold and silver, but their ammunition is getting less effective by the day.
“They have lost the power to smear the market the way they used to” says Kirby, largely due to the fact that entities around the world like in Asia are buying up physical gold at an insatiable rate. The end-game of this is that the Western world will not be able to fix the price of gold and silver to an imaginary number to maintain the teflon appearance of the US dollar intact.
The appetite for physical metal in the East is enormous, and it’s not going down any time soon. The demand for gold in the US/Canada is very small compared to Asia, where it’s difficult to acquire tons of gold and silver. But times are changing, and the reason why is because the entire world is getting fed up with the “Fed” itself.
We’re going to experience precious metal being put on the blockchain
Monetary elites will see that “crypto-ized metals” will finally present a force that can defeat the manipulation in the Western based fiat monetary and banking system, bringing much-needed reality to the entire physical metals market. Most gold and silver metals investors and traders are already privy to the fact that a large amount of underhanded chicanery.
The US has also been relying upon the fact that oil must be purchased in US dollars, but with China creating the petro-yuan set to release in March of 2018, the US dollar’s days of freeloading off the backs of the rest of the world’s economies could be coming to an end.
Right now, no one can really redeem shares of SLV and GLD except for the bullion banks like JP Morgan and Goldman Sachs, in theory, and the process is shrouded in mystery. It’s ambiguous for a reason according to Kirby, and I think readers of our blog can see why. This is why putting precious metals on the blockchain stands to eliminate the selling of paper shares for metals that may not even exist, or selling the same piece of gold on paper 100 times.
This is why instead of investing in Gold ETFs on the stock market, putting your money into a gold backed IRA is the best option for holding significant amounts of gold and silver without having to store it all in your woodshed behind your house, though the option for taking physical delivery is there should you choose to hold it yourself.
$21 Trillion USD Unaccounted for by the US Government
More than an entire year’s worth of US GDP is missing from only 2 government departments. Dark money that is not accounted for is thought to exist in the government’s coffers for manipulating and propping up the current status quo like the US stock market, bond market, housing market, as well as cover military actions abroad.
Kirby and Greg Hunter both speculate that large amounts of dark money distort the true figure on the amount of circulating US dollars in the world, and they say the elites do this for a reason using offshore banks and foreign entities. This could explain how the bond market is getting rescued on a daily basis in the markets, which is evident on the charts and technical tracking indicators.