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Gold And Silver Price Enigma 💰

3,786 views · Published 10 September 2015 · 3:08 · Indexed 10 November 2026

Channel: MoneyBags73 · 2015 · News & Politics

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Record 207.4 oz. of gold claims per ounce of deliverable gold. 

 This is beyond dangerous and now means a paltry $250 million is enough to clean out the vaults! I have said for about two years, “force majeure” would be the end game and it certainly looks more and more likely. To put this in perspective, this amounts to about 6 hours (or less) worth of interest the U.S. must pay on its debt. To point out the obvious, you probably sleep more hours each day than this!

As for the Fed, they are well and truly STUCK! Their meme of being patient and “we’re gonna gonna gonna raise rates” has gone about as far as the world will allow. They simply cannot raise rates with the current externals. The 2007-2008 “solvency problem” was medicated with more liquidity. Today the problem is not just solvency, liquidity has steadily dried up all over the world. A Fed rate hike is “tightening” credit no matter what the blowhards on CNBC want to tell you. Equity and credit markets are suffering from illiquidity and non existent volume. TAKING MORE CAPITAL OUT OF THE SYSTEM WILL ONLY MAKE IT WORSE! Please note, we have not even mentioned derivatives which all have an interest rate assumption in them …how many do you suppose have been written over the last five years with a rate higher than 0-.25%???

Read the entire article on JMS Mineset.com: http://www.jsmineset.com/2015/09/09/the-breaking-point/

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