By: Edge Trader Plus |
In the midst of this political and economic maelstrom that appears to be reaching its peak since the pivotal 9/11 “attack” on the US, when the twin towers of the World Trade Center were destroyed, partially by an airplane flying into each tower, then more fully by the detonation of all the explosives planted in the buildings to insure their destruction. Should there be any question as to that assessment, which has gained greater acceptance by those willing to do their due diligence, the unprovoked destruction of building seven [WTC 7] adds proof of how these buildings were planned for certain demolition, in advance.
The planes flying into the WTC buildings was just a sideshow, a distraction for what really occurred, a smokescreen for public consumption to accept the Problem-Reaction-Solution template of the elites to clear the way for ushering its planned police state of this nation.
Question: Why did building seven collapse if it were not intentionally wired to do so?
There is zero evidence of any external cause. Here, folks, is “your” government at work.
The elites control and run the US government, top to bottom. The entire US economy has been purposefully gutted by the elites just as happened with building seven. The rise of China as the elite’s next phase of global domination has been equally planned since the days of Mao Tse-Tung and his Cultural Revolution, half a century ago. The globalists plan long-term. Count on it. There are no accidents, including the heinous event called “9/11.”
With troops and/or bases in over 200 countries around the globe, the US is responsible for, mostly indirectly and behind the scenes, instigating wars of destruction, strife, and the devaluing of human existence, acceptable collateral damage as the intentional “Reign of Chaos” reaches the culmination stage.
The elites do not care what happens to human populations, and, in fact, plan for the elimination of millions upon millions of people dying, wars being just one way. Forced vaccinations that are laced with traces of viruses that are harmful to one’s immune system is another way, of so many. If one has not questioned it already, why are vaccinations becoming mandatory, dictated by the government? It is part of the overall plan to cull the existing world population [The two links are for convenience on the topic. There is substantially more evidence available if one looks for it.]
Genetically Modified Foods [GMOs], are another example, and corporations have enough control over governments to prevent having to label GMO foods. Like vaccines, GMOs are designed to modify one’s immunity system to be less resistant to diseases and more prone to an unhealthy life and a shortened life expectancy.
What does this have to do with the price of gold and silver?
Last week, our commentary stated Why is More Important Then When in understanding the sad state of pricing for PMs relative to the ineffective realities of Supply and Demand. Globalists have modified the natural forces of Supply and Demand through their interference and suppression of them in favor of maintaining the artificial status of the “unnatural” fiat “dollar.”
Because the elite’s control the world money supply, directly in the West, indirectly in China and Russia, no country can withstand the financial havoc and undeclared economic warfare by the US to keep the increasingly failing fiat “dollar” as the world’s reserve currency. By world’s reserve currency means that international trade shall be settled in terms of the US “dollar,’ hence world demand for and use of this paper fiat facade.
Putin and Russia have become a thorn in the globalist’s flanks, running interference with plans for world dominance and destruction along the way. US imposed sanctions against Russia have backfired and have economically harmed Europe far more than Russia. The US does not care! Europe can collapse as far as the US is concerned.
This so-called refuge problem is creating huge problems for European countries. It was planned in advance. Weaken the world as much as possible, Problem. Watch as chaos and instability unfolds everywhere, Reaction. The Solution to all this economical and political turmoil is the establishment of a One World Government, the New World Order, behind which the elites are pulling every string to maintain control and cull the world’s population in the process.
This is more of the Why for gold and silver’s protracted suppressed price scenario, and it will continue until the elites succeed, or with the interference of Putin and Russia, fail on a grand scale.
Gold and silver are the enemy of the US fiat “dollar,” the proverbial wooden stake into the heart of a vampire. The forces of evil will not allow that to happen, which is an impossibility, for all fiat Ponzi schemes fail by the very nature of their unnatural existence.
We first show the fiat “dollar” chart, then the crude oil chart before dealing with our weekly gold and silver analysis with their respective charts.
The intrinsically worthless fiat Federal Reserve Note, accepted world-wide as a false “dollar,” show no sign of turning around its bullish trend. The chart is not an in-depth analysis, but it is used to show how markets can be muscled higher by the Fed in order to protect the fiat “dollar” from realizing its true value: nothing. The elites know this. Few others in the world accept that reality.
The bigger the lie and the longer it is told, the more the truth of the matter will be rejected. The US “dollar” is as valuable as monopoly money. To believe otherwise is, as Shakespeare would say, “Thinking makes it so.”
(click charts to enlarge)
Everything that happens on such a grand scale is always about one thing: “money,” and the decline in crude oil is no exception. The US has controlled the fiat “dollar” as the world’s reserve currency, and the Saudis have controlled oil for the same period of time. Both are losing control, but it will get uglier before it gets better. This is why the extraordinarily bullish fundamentals, on the demand side for gold and for silver, equally on the supply side as well as demand, have meant nothing for their pricing, in terms of the fiat dollar.
For those who would “argue” the picture is more bullish for gold when measured by other currencies, this is true, for sophist reasoning. However, those other currencies have been weaker relative to the “dollar.” You say tomato, we say tomahto. One and the same, in the end.
The KISS principle at work. Keeping it simple to recognize the trend and recognize there is no change, for now.
More of a sublte observation on gold: the gap higher open on Friday, after the possible “bear trap close” lower on Thursday forming a higher low, could lead to a change in the daily trend, but even if a higher high develops to change the trend from down to up, there is still a lot of work to undue the damage from the suppressed price structure.
We have favored silver over gold for the past year, based on the gold:silver ratio, now running consistently between 75:1 – 78:1, and the chart structure is offering reasonable support for that sentiment. The lower lows are making less progress to the down side, and that can be taken as a potential sign of developing change in the ability to keep silver as low as it is.
The two-month sideways TR with overlapping bars indicates a draw in the battle between buyers and sellers. We continue to allow for another downside washout in silver, perhaps even gold, as the chart structure is overall weak, and it would be a positive sign if such a washout were to occur because it could signify a final bottom for this 5 year decline. Even if that developed, it would not ensure a bull market would begin to rage, for the globalists are not about to give up so easily, and that means change will come reluctantly, as opposed to swiftly.
Still, the alternative for owning [and still accumulating more] physical silver and gold is far better than what the globalists have in mind for control of all assets owned by people. They have virtually little to no control over one’s holding of PMs, which one could always claim were lost in a boating accident. Remain confident, and stay the course.