TY again.
> “He says the working thesis is that the value of the dollar is held up by the shorting of gold, and gold is kept down by the shorting of silver.”
It is a fact that the dollar crashes as the price of gold rises and that Wall St. Hedge Funds especially those in the JP Morgan sphere will short gold to keep the dollar within a target and that these targets are related to the oil and arms trade.
From there it gets geopolitical and complicated very fast.
What Trump was aiming to do was to replace the Fed dollar with a US Dollar indexed to gold or some basket of finite precious commodities that would be more stable. Because the US had become a big producer of oil and net exporter with the most reserves in the world, the US Dollar could be gold indexed and net oil exports could demand gold or foreign gold-backed currency in trade. This would cause a shift in powers to the US in terms of trade and stop the pile up of treasury debt in the short term, reversing it in the longer term.
The information your friend has about buying silver to cause a short squeeze leading to a short squeeze on gold is valuable to know.
But the aftereffects on the Fed dollar could cause bombs to go off in commodities shaking the US and world economies. If Trump was in office, he would certainly use this to our advantage following through with currency reform and neutering central banker power because they are what’s behind wars, instability and middle class decline.
Although many think Trump is gone for good, countless eyes are on Arizona right now. There’s a war going on there, a political war and its effect can change the course of history because if Arizona breaks through the lies and coverups, 16 other states are ready to follow suit. If you are a God-fearing person, pray for the needed Arizona breakthrough.
Indeed. Even though we are not on the Gold Standard anymore - there is no standard for the value of fiat currency they just sell debt and print more as they want to - it still has to be relative to something. And you’re right it is geopolitical and complex and in most cases very intertwined.
Even Bitcoin value is relative to the supply and demand, and quoted in dollars (and other local currencies e.g. French and Germans its relative to the Euro). The difference is there is a finite amount of BTC. Supposedly they will never mint more though they do sometimes splinter off into differently named coins when there is a major software change. That’s what attracts people to it. As demand (qd) rises against a fixed supply (qs), the price (p) goes up. This used to be taught to citizens in middle school or high school. Not anymore. I bet half of Congress couldn’t understand this simple concept.
So it’s interesting to think whether Trump was going to try to tie the dollar to a basket of assets of which there is at least some finite quantity on the planet (though, perhaps a great deal more in the solar system). I know the Chinese currency is basically fixed by the central government, indexed to a basket of foreign currencies including the dollar. They tinker with it a little bit here and there, but their primary goal is to keep the Yuan within a very tight range relative to their greatest export markets. They want their currency fixed, and artificially low to encourage exports. The west, particularly the USA, has essentially financed their industrialization and military expansionism. Few really think about these things - we have financed the expansion and militarization of our own worst enemy. They could (and are) colonize parts of the underdeveloped world, such as Africa, to the point of sending 100 million people (and/or foot soldiers and military brigades) if they could and it wouldn’t dent their internal operations much at all.
But back to the main topic... we’ll see. Silver is up almost 10% just in the last week. Up 50% year over year. There is some accumulation going on. It could be unrelated but even that incidental move could be the spark that invents speculation and causes run on physical silver. A self-fulfilling prophecy.
And I don’t necessarily ‘fear’ God, but I am a believer and He has a plan for all of us. Our trials and tribulations cause us distress because we are mortal and limited and He is Omniscient and Omnipotent. At risk of being accused of being a QAnon conspiracist “trust the plan”. What is happening in Arizona sounds like a microcosm for the country. Even in deep blue states there remains strong contingent of patriots. Heck, during the American Revolution only about 30% of the colonists supported the revolution. 30% supported the crown. 40% didn’t know what to do or how to deal with it. In the end, the 30% won.