Manipulation

In the next few years, the world will learn that the printing of money can never create prosperity. That is the time when the masses will turn to gold and silver. At that point, there will be virtually no physical precious metals to buy at any price.

Richard Detente explains the huge mistake that the economists make when they talk about the value of gold. This value is indeed much more a matter of human psychology before being a matter of economists.

Many of us now think that central banks are leading the way and covering the back of the markets with their monetary injections. I've been thinking a lot about this and I'm thinking that central banks may be losing control.

How can anyone believe that the fake world the Fed and their fellow central bankers have created has anything to do with reality.

Central banks and governments are now printing more money which makes it clear that we won’t see a voluntary abandonment of credit expansion. Instead, the world is now in the final stage of credit expansion which will lead to hyperinflation and “total catastrophe of the currency system involved.” Sadly this is totally unavoidable.

Scotia was for years the world's biggest lender to the physical precious metals industry, with a history that stretches to 1684.

Mine closures and selling restrictions are causing shortages of precious metals in the retail sector, but ETFs are experiencing large inflows of funds. Where do they get the gold, if at all?

A Hyperinflationary Depression has always been the inevitable end to the biggest financial bubble in history. And this time it will be global. Hyperinflation will spread from country to country like Coronavirus.

Are we witnessing the end of "paper" gold with the blatant disconnect in between futures (paper) and physical market ?

This is it! The party is over. The world is now facing the gravest economic and social downturn in Modern Times (18th century). We are now entering a period of global crisis that will change the world for a very long time to come.