Jim Willie: Fed Requires Urgent Help From the Treasury- Silver Will Soar Through $400/oz!
Thursday, January 21, 2016 7:11
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From silver doctors:
“The USFed is so strapped, so deeply under siege, so overwhelmed, that it requires urgent help from the USDept Treasury. So they have expanded QE to become Double Barreled Hidden QE to Infinity. The Gold price will find its true value and price over $10,000 per ounce.The Silver price will find its true value and price over $400 per ounce. In reaching these levels, the ratio will return to the 25-1 range. Several steps have been laid out toward the return of proper price to precious metals.
The steps will each involve a quantum jump in the Gold & Silver prices. The process will take a few years, but might be breath-taking in speed once the process is begun.”
Article by Jim Willie: GoldenJackass.com
It has an important feature now, with national security stamped on it. This is truly the end game for the USDollar. Big thanks to Rob Kirby and EuroRaj on my colleague team for leading the way and shining the spotlight. Their abilities to see through the maze, smoke, mirrors, and din is impressive.
Consider the many points, which can be connected. As they say, connecting the dots can lead to conclusions more clearly, when the dots display a recognized picture. The deception was well organized, well planned, well delivered, and well done generally. Most financial analysts only read the headline, then gobble the false message like a dog eating his own vomit. Most traders only read the headline, and look for quick profit while anticipating the moves by the dullard masses. Best to look for the reality, and plan for the long run survival. Take a closer look at the developments within the USTreasury market where private accounts have emerged in recent months to purchase the referenced inventory of USTreasurys that China and others are dumping.
NO RATE MOVEMENT & INVERSION SUDDENLY
The effective Fed Funds rate has not risen by 25 basis points. More like 10 to 15 bpts, depending upon the day. In fact, the Fed suddenly finds itself in an awkward position, with an inversion of the Fed Funds rate versus the 3-month USTreasury Bill. The inversion has been constant since the supposed rate hike, and a billboard message of the sham lie. The proof of the pudding is in its taste, not from the whiff of its billboard description and advertising. Ooops! In reality, the USFed is pumping liquidity into the system via temporary expansion of the balance sheet, using hidden channels and accounts, the propaganda grown as loud as ever. Remember in 2009, when the august bank cabal hive assured the near zero percent official rate would last only a few months. The Jackass forecasted it would be in place forever. Check!
HIDDEN HUGE HAND IN USDEPT TREASURY
The big Wall Street players run the USTreasury Bond market, like JPMorgan Chase, Goldman Sachs, Citigroup, even to some extent Bank of America and Morgan Stanley. They must be on the lookout for massive USTreasury dumping by the cast of creditor characters. Almost nobody is buying the USGovt debt at a time when the annual deficit continues to ring in at $1 trillion. Yet the bond yield is steady in the 2.0% to 2.4% range. When China disposed of $250 billion worth of USTBonds in August, September, October, it had to be soaked up. Mission Accomplished with no detectable rise in the TNX 10-year bond yield. Otherwise the USGovt debt market would resemble Greece, since the fundamentals are just as wretched. The strong hand doing the purchases en massive volume is the USDept of Treasury itself, using the Exchange Stabilization Fund. The ESF was created in 1934 for the expressed purpose of protecting the USDollar.They buy the USGovt debt securities that foreigners discard, thus fulfilling their mandate. Their purchases are being made with cash off the books, hence bearded as private accounts, and not official reserves.
As Rob Kirby points out, “In our capital markets we are coming to a climax event much like in a magic show. These sociopathic heathens are and have been conducting stealth QE with direct cash injections from the Treasury’s ESF. The ESF has the resources, all kept off book. No one in the banking system will dare talk about it, because anything connected to the ESF is a matter of National Security. If the world ever becomes aware of the true size of the off-book elements of the ESF, one should very likely see a hyper-inflationary event overnight.” It is worse. The ESFund is involved with its fat fingers in almost every major financial market in existence, as in currencys, stocks, bonds, and more like LIBOR and Gold.
RIGGED USTREASURY BOND MARKET
MASSIVE INCREASE IN LEVERAGE
Full article:
http://news-uncensored-fresh.blogspot.be/2016/01/jim-willie-fed-requires-urgent-help.html
It’s a pretty well known fact that there is a lot more paper being traded on the silver market than silver. I’ve heard figures ranging from 100 to 250 times as much paper as there is silver to back it. If you were to bring that back into balance, the price of silver would have to be substantially higher. I’d say $400 is actually quite conservative. In the paper market right now, when you compare the trading price versus the actual supply of metal backing those trades, the real value of silver is somewhere between $1400 and $3500 per ounce. That’s why silver is regarded by savvy traders to be the most undervalued commodity in the history of the world. Good time to buy physical silver?
the real value of anything is what somebody is willing to pay for it–that is about 14 bucks an ounce right now.
With the spot price about 17 actually.
Quote – a climax event much like in a magic show the true size with its fat fingers in almost every major LIBOR and Gold
by J. Willie GoldenJackass
Who needs to value any currency in Gold or Silver these days so forget doing sums on fiat paper and then saying gold should be $1m an oz because the connection for now has been broken.
Yes i know the market for Silver/Gold is fixed and the bankers will try to reduce the paper price even more so they can buy up the physical metals that need to be removed so the banks can introduce digital only money because everyone is a terrorist and like to use real money to avoid taxes when they have no say in how taxes are spent.
Zero
Good time to buy physical silver?
Not as good as keeping your cool and waiting for $12oz and the trend for paper is still going down
The black economy will use silver coins but it’s a shame you have to pay nearly as much for 1/2oz coins as you need to pay for 1oz coins else thats just what i would be buying along with 1/4oz because we will need smaller change.