Despite More Gold Paper Price Smashes, Central Banks Are Buying More Large Orders of Gold!
President Trump has his eagle eyes on the world monetary system and is observing the manipulation efforts of the world fiat dollar and all the Gold selling? Are they playing into his hand? The Central Banks have bought 164 Tons of Gold from January 1, 2021 through the end of April 2021. To top it off in Lockstep, at the recent G-7 there was a push for all nations to pay in Gold and build gold reserves. Even Russia has taken a stance to buy more gold along with most all world leaders. None of the central banks indicated any plans to shrink its gold reserves in the coming year. So, what is taking place? What is on the horizon?
CENTRAL Banks condemn Bitcoin and crypto currency, yet they seek to launch their own digital currency, while at the same time they are rushing to buy up gold. What the heck is taking place? Meanwhile, Janet Yellen, Biden’s new US Treasury Secretary, is dissing Gold and Silver investors while still pushing minted bullion. But, hey who is surprised at Yellen who during her tenure as former Federal Reserve Chair, catered to the rich and powerful global cabal and their hearts desires.
Here’s some facts we know…Silver mining production is decreasing. FACT! The dollar is being printed into infinity. FACT! Physical metal is disappearing on the open market like never before. FACT! Manufacturers are consuming more silver every year. FACT!
A bear market is a bear market. It can go on for a long time but it cannot go on forever. So while the prices of special metals are being driven to a low, Central Banks are pushing to buy it up. What does that tell you? June is the month that those in the know tend to make their annual gold purchases. The inflation scheme is in our face, gold will have its day again and silver will follow gold.
So while the jury is still out on whether Bitcoin is a Trojan Horse or not, one thing is certain, the monetary system is headed like a locomotive toward a reset.
In an interview with NBC’s “Meet the Press,” Yellen said that she expects rising inflation pressures to be transitory. She added that Biden’s new spending proposals wouldn’t impact inflation pressure because they would be spread over the next ten years.
In the interview, Yellen stated, “I don’t believe that inflation will be an issue, but if it becomes an issue, we have tools to address it. These are historic investments that we need to make our economy productive and fair.”
Biden, the STOLEN puppet in chief who says one thing and does another, said that some of his programs would be paid for by increasing taxes on corporations and the wealthiest Americans. We need to ask him how he defines “some” and have him and all the banksters come clean on how the cost of overtaxing the wealthy just smacks the average American in the head with inflation in order for the wealthiest to recover their losses for the impostition of being taxed to death. It is a fact that every dull mind who shouts tax the rich have no clue how they will pay through the nose for their next latte or chocolate bar and especially at the grocery store. So go ahead and shout to tax the wealthy and be so dimwhitted as you drive up inflation and the banksters buy up the gold at low prices while your IRA’s are dwindled. It’s 2008 all over again!
Gold caught in the middle as Yellen, Buffett present opposing views on inflation
EXCERPT: Saturday, at the Berkshire Hathaway annual shareholder meeting, CEO Warren Buffett said that his company is seeing rising price pressures among its various businesses and investment.
“We are seeing very substantial inflation,” Buffett said. “It’s very interesting. We are raising prices. People are raising prices to us, and it’s being accepted.”
Buffett specifically noted rising prices in the housing sector. Raw commodity prices have surged higher this year. Lumber and copper have captured significant investor attention as prices have seen an unprecedented rally to record highs. Many analysts noted that the rise in commodity prices could lead to stickier inflation than expected. READ ARTICLE HERE: Gold caught in the middle as Yellen, Buffett present opposing views on inflation | Kitco News
GENERAL FLYNN WARNINGS….
The economy is in deep trouble. If it were not, the Fed would not be printing money at a record pace to keep it all propped up. Congress just passed another nearly $600 billion infrastructure bill with zero tax increases. This means even more money printing to pay for it all. Read full article: Flynn Warns, CDC Vax Admission, Max Money Printing | Greg Hunter’s USAWatchdog
STAY STRONG! Trump has a different standard for America and a different direction, but the evil has to play itself out in order to make it happen and EVIL IS PLAYING VERY FAST AND FURIOUS!
DIANNE
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Reblogged this on boudica.us.
While wealthy people are buying gold and silver for tough times ahead, I’ll stick to dried beans and brown rice. I don’t think one can boil gold and silver tender enough to eat. LOLGB+