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Everyone got gold wrong last year. And then they got it wrong again this year. The story was simple. Gold is screaming higher, so the dollar must be going to zero. A debasement trade. Except that is not what happened. From the day the Iran conflict started to the...

50,019 次观看 • 7 天前 •via X (Twitter)

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Former BlackRock fund manager Ed Dowd: "Everybody under the sun thinks a new monetary system is coming... [And] every commercial bank in the U.S. is now accumulating physical gold because they made it tier-one capital... So gold, gold, gold... [But] if we see a parabolic move in gold and silver soon that would really scare me. That means... something's really gone off the wheels behind the scenes in the global banking system." This clip of Dowd (Edward Dowd), a former BlackRock fund manager and co-founder of Phinance Technologies, is taken from an interview with Jesse Day (Jesse Day) posted to the Commodity Culture YouTube channel on February 28, 2026. ----------------Partial transcription of clip--------------- "Everybody under the sun thinks a new monetary system is coming at some point and watch what they do, not what they say. And every central bank is accumulating gold. Every commercial bank in the US is now accumulating physical gold because they made it tier-one capital. "China's accumulating gold because they have to depreciate their currency to keep selling into the global markets. India keeps buying gold. So gold, gold, gold. "And also, we all know there's a global sovereign debt problem and people as we roll through time and the deficits get bigger and the demographics get worse, more and more people want an asset that's not someone else's liability, which is gold. "So gold is I think got long-term fundamentals that are great, that's strategic, tactical, it's a little more problematic. So you know, if you look at the charts of gold and silver they had, they've had tremendous moves going up into this part of the cycle, much like gold did going into the great financial crisis. "I don't want to predict what gold's going to do but if there is a you know, a general risk-off trade, gold and silver may participate in that because as people unwind leveraged bets and have to sell what they can not what they can not what they want to, it might take a hit like it did in the financial crisis. "But I want people to understand in the great financial crisis, gold went down quite a bit in the Lehman event and again we're not calling one, it did recover and go to new all time highs more quickly than the US stock market. "So I suspect if there is a pullback in gold or silver, it's a good buying opportunity. My best guess is that we consolidate sideways for a little bit and then that's what I'd like to see. That's a, that would be a healthy thing technically to see some consolidation and then another run-up. "If we see a parabolic move in gold and silver soon that would really scare me. That means something, something's really gone off the wheels behind the scenes in the, in, in the global banking system. And then usually a parabolic blow-off top means you don't want to be chasing it if it happens. "But long-term I love gold and silver, and I'd love to see it consolidate for a year or so. And if there's any kind of major sell off, I would accumulate some on dips—physical that is not the ETF."

Sense Receptor

129,666 次观看 • 5 个月前

Silver's squeeze is being driven by gold which in turn is being driven by the dollar. No, not "debasement" or "inflation." Eurodollar deflation. People make the critical mistake believing gold is a substitute for the dollar when it's not even in the same arena. Precious metals instead compete with stocks and other risky financial assets as the safe haven alternative to them. Ledger money separated medium of exchange from store of value 150 years ago (not that you've heard anything about it, but you live it every day each time you use your credit card - medium - and check your 401k - store). Gold is not a medium, but it is superior form of value. Gold's behavior therefore has nothing to do with "the dollar" except when eurodollar conditions drive the exchange value and signal conditions relative to stores of value alternatives. This is why gold has behaved like it has and why all the gold "experts" get it wrong. When the dollar is rising, that's a deflation signal which means increasing chance conditions will be bad for risky stores of value. Gold shines. And that is exactly how it has traded recently, too, from late last year through April, the middle of the year when gold backed off because risk-taking was back at the forefront, and now with flat Beveridge everywhere and credit cockroaches showing up every other minute gold is utterly flying. That deflation would be really bad for risky assets that gold competes with. IT IS NOT DEBASEMENT OR ANYTHING LIKE IT. All the evidence is here: Everything you get from the mainstream is either wrong or backward. Oftentimes on purpose. Misdirection and misinformation is actually the trade of "central banks." Start unlearning the garbage and start learning the truth which has been hiding in plain sight all this time.

Jeffrey P. Snider

26,897 次观看 • 9 个月前

Gold hit $4k and it has *zero* to do with inflation and *nothing* about the govt shutdown. This one is an open and shut case. Set aside for a second how historically gold is a terrible inflation hedge, just look at how gold has behaved the past few years. 1. Gold was sideways and LOWER during the worst CPI "inflation" since the 70s. Why? Because that was a period of reflation, the only point since the lockdowns when it looked like a recovery was plausible. Once forgot-how-to-grow showed up, consumer price changes disappeared and only then did gold start to rise. 2. Just this year, gold was soaring to record highs during **deflation** leading up to April. Once the bout of deflation ended, gold went sideways. It was the same time "tariff inflation" mania was at its highest but more so the economy appeared like it just might escape trade wars with minimal impact. Once it became clear during the summer that wasn't going to be the case, then gold goes vertical. 3. Copper to gold! Bullion is the denominator in a inflation/deflation signal that isn't just flashing deflation, it's a record low deflation! Open and shut case if ever there was one, nothing whatsoever to do with inflation or govt shutdown. But that's not even close to the whole story, the real story: This is all exactly why Eurodollar University is holding a webinar on Tuesday October 14, at 6pm ET. To help you begin to unlearn the garbage that Economics has taught you and the financial media keeps repeating day after day after day.

Jeffrey P. Snider

51,684 次观看 • 10 个月前

Catherine Austin Fitts: "The problem isn't that [our] currency is fiat...[and] you are not going to fix this situation by going to gold...the central bankers have accumulated all [of it]. [And] now...you're [saying] we're going to go to a gold system? Are you out of your mind?" This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts), is taken from a discussion with Jerm Warfare posted to the UK Column News (UK Column) YouTube channel on January 26, 2026. ----------------Partial transcription of clip--------------- "The thing that makes the current system what they would call slavery is debt-basing and secrecy, okay? And the failure of their elected representatives to obey the law. "So you have lawlessness, you have debt basing and you have secrecy, okay? The problem is not that the currency is fiat, because what I will tell you is if you go back through history, if you read Alexander Del Mar, the most effective currencies in the world are fiat currencies that are well governed. "We have a debt-based fiat currency that is not well governed in my opinion. But it could be. Now, remember, there has been almost no support in the general population for managing it responsibly. Everybody was like, no, don't manage it responsibly, get me my check. And if that means you're irresponsible, that's okay, I want my check. "But you are not going to fix this situation by going to gold and silver. You're going to make it much worse. Because while we've done this sort of hear no evil, see no evil, speak no evil, for 30 years the central bankers have accumulated all the gold. So now that they have all the gold, you're going to tell me we're going to go to a gold system? Are you out of your mind? "Because now they've got the gold and if you start a gold transaction system now you need gold from them and they've got you over a barrel, right? And what are you going to do to get gold? You're going to have to sell your land, you're going to have to sell your kids, you're going to have to sell real assets to get their gold, right? Why would you do that? "Why would you create— You know, you're dependent on your enemy now you're going to increase your dependency on your enemy now. You're out of your mind, okay? That's not a sound money system. Especially because they want to make it digital. And so they're going to have fiat gold, which is even— I mean, if you think fiat is bad, wait til you see fiat gold when they own all the gold. "So you know, what we want is we want a fiat system and we want it with lawful and no secrecy or minimal secrecy. You're going to have to have some secrecy and a good governance system. Can we get there? Of course we can get there, but we can't get there if you have an entire population that is absolutely committed to corrupt short-term behavior."

Sense Receptor

36,952 次观看 • 6 个月前

Gold since April 2025: +60% Bitcoin since April 2025: -30% Gold since its January high: still near all-time highs. Bitcoin since its October high: -48%. 5 consecutive red months for Bitcoin. A 0.55 correlation with the S&P 500 as of March 1st. And people still call it "digital gold." Let me explain why that framing will cost you money: When the Middle East escalated, gold surged above $5,300. Bitcoin dropped. When equities sold off, gold held. Bitcoin sold with them. When uncertainty spiked, gold hit all-time highs. Bitcoin bled. This isn't an accident. It's the nature of WHAT these assets actually are. Gold is an asset that isn't somebody else's liability. It's not correlated with the general level of risk assets. It doesn't shift identities depending on what the market needs it to be that week. Bitcoin does. Sometimes it's digital gold. Sometimes it's correlated to NASDAQ. Sometimes it follows the dollar. Sometimes it follows liquidity. It depends on whatever narrative is convenient at the time. And narrative always follows price. That's the way it works. When Bitcoin was ripping to $126,000 in October, everyone called it a store of value. Now that it's trading at $66,000 with 5 red months, NOBODY talks about the digital gold thesis anymore. Gold doesn't have that problem. Central banks bought 863 tonnes of gold in 2025. Accumulating at the fastest pace in decades. China is buying like crazy for months. Nobody's buying Bitcoin for their sovereign reserves. Nobody's rewriting the gold thesis every quarter. I said this on back in April last year when Bitcoin was reclaiming $90,000 and everyone wanted me to be bullish on crypto: "If NASDAQ takes a header, if risk assets take another leg down, you want to bet Bitcoin goes up or down? I'd vote down." NASDAQ took a header. Risk assets took a leg down. Bitcoin went down. Gold went up. It's not complicated. Gold is insurance against irresponsible policies from central bankers and government officials. It protects you against the falling dollar. It's been doing this for 5,000 years. Bitcoin is a speculative instrument that acts like protection only when everything else is going up too. And in the environment we're heading into (geopolitical risk at generational highs, the dollar under pressure, central banks still buying, the Fed boxed in on rates) you want the real thing. Not the imitation. GOLD SURVIVED EMPIRES BITCOIN SURVIVED TWITTER

George Noble

11,852 次观看 • 5 个月前

Keep your hands off our gold “In the rush to hoard stuff for a rainy day, there’s been scant discussion about the future of our existing mineral stockpile; the 80 tonnes of gold the Reserve Bank of Australia has sitting in vaults. The rapid surge in gold prices means the value of the RBA’s gold has doubled in Australian dollar terms over the past two years and more than tripled over the past seven years. Which makes it a great time to sell those 80 tonnes of gold for just over $18 billion of cash. The analogy extends to physical capital; what’s the point of having a gold stockpile if you never sell it?” ••••••••••••••• The AFR (no doubt acting as a proxy for Treasury) is arguing that Australia should sell its gold. This is a very dangerous thing to do. Some time in the future the U.S. dollar will stop being the world’s reserve currency and there will be reset of the monetary system. It’s highly likely that when this happens the new currency will be backed by gold. Those countries with the largest gold reserves will in the strongest financial position after reset. Gold is an appreciating asset, unlike bonds which depreciate due to inflation. That’s why central banks manipulate the gold price by artificially shorting it via paper contracts on the Comex to prevent individuals from accumulating it. Let’s not forget the U.S. outlawed the possession of gold in 1932 to prop up the paper markets. Articles like this remind us that the world’s financial system is on very shaky ground. Western government debt levels are unsustainable and the bond markets are on very shaky ground. Gold has always been insurance against reckless government spending/borrowing. Rather than sell our gold, the Australian government should be accumulating it. Any attempt by central banks to take our gold needs to be stopped stone cold dead. That includes bringing our gold back home, away from the clutches of the Bank of England.

Gerard Rennick

23,799 次观看 • 2 个月前

🛑🇧🇫- Burkina Faso’s PM on how how our gold was being looted. This is what Jean Emmanuel Ouédraogo was saying on national television about our artisanal gold: “Imagine, we were getting less than 500kg of gold. And last year (with SONASP), we almost got 10 tons. However, this year by the month of September alone, it was already 36 tons. In the past, Burkina Faso had no gold reserves at all. They were coming, they were the ones who go down in the mines, no Burkinabè was there. They were the ones who will come out and say, “Ah, this is what we got! And we only had to nod and accept it.” Once it leaves the mines, it goes directly to the airport where a plane ✈️ is waiting for it, and when it’s finally loaded, it takes off and that was it. Nothing stays in the country. Is this acceptable? This is unacceptable! But it’s over now! Even in the big mines they still have, we have our people there to control them, so that everything can be clear, so that if they say this is the amount of tons that we brought out, at least we are all witnesses of it.” - End of quote. I, Marcus or any Burkinabè who is well aware can attest to this. I was living in Kombissiri in the year 2010-2011, and frequently, I could hear the bikers escorting the gold in full speed like a presidential escort heading to Ouagadougou which is just at about 40km from Kombissiri. At first, I didn’t know it was gold being transported. Until one day, I asked the neighbors and the police and they told me it was gold going to the airport. I was like damn! People are looting our gold! I don’t remember the name of the mine they told me, but Kombissiri was the route they were following. So, this confirms what the PM is saying. But thank God for Capitaine Ibrahim TRAORÉ ! We have none of that shit anymore.

Sy Marcus Herve Traore

15,468 次观看 • 8 个月前