Snippets
Goldbug Discussion
If Pfizer/Reuters and Yahoo/Mini-Mike (Bloomberg) claim this is all due to “Trump Tariffs” – in my world, that pretty much guarantees it is caused by something else.
If you combine the gold rally alongside the dollar rally (which makes the gold/euros rally look crazy strong), it feels like Trouble in Europe. And now with the failure-to-deliver at the LBMA, and the movement of the gold from Europe into the US – that sort of thing generally happens during wartime. While this article (below) from the Fed talks about what happened during WW1, and credits the “gold standard” as the reason, I suspect a lot of the flows back then involved money seeking a physical safe haven outside the war zone where actual bombs destroyed actual storage units, and actual bars got looted after being overrun.
What on earth will Trump Week 3 bring? It feels like a year is happening every single week. Week 2 brought – how many “mysterious” plane crashes, exactly? Is it pre-bunking for an assassination? Or is it just emergent “melee”?
I believe there’s a linkage between the “doom-loop” and the failure to deliver at LBMA and the large deliveries at the COMEX. We may be nearing an event. At this moment, it feels like an LBMA bank run – executed by Oligarchs, and maybe nations too, moving in advance of some event. Goldbugs have been waiting for this moment for more than a decade. Will there be an “LBMA lockdown”? To save Gold Grandma? Is there a big Euro drop ahead?
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