Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I know he's a bitcoing shill(but he does have some great guests) but Max Keiser made a very good point about negative yielding bonds not actually meeting the criteria to be called bonds. He also added even a low interest positive interest bond in an high inflation environment is questionable as to actually meeting bond criteria because technically it too is also negative yielding. Good points I thought
Back to Gold I greatly suspect the US has at the least if not outright sold it's gold it has leased it and cannot get it back as it's been rehpothecated so many times. With printed worthless dollars any sensible government could have been accumulating on the quiet over decades a substantial amunt of gold. But there have been no sensible politicians in power on the US for a very long time and the ones who would have had the foresight always get sidelines because they don;t become a wall street puppet. Ron Paul what a president he would be...but then again maybe not because the whole US govt infratructure its just a rat infested swamp and these people do not think in terms of country they think in terms of "me" and "second "party"
Hidden Biden has made himself a laughing stock in front of the world over Afghanistan. Thatcher would never have recovered if the Falklands had not been retaken there is no(as there is no undoing events in Afghanistan) chance of Biden salvaging his excuse for a reputation from this. And the more he deflects blame the more stupid he looks
Well most of that consumer stuff comes from China and other parts of South East Asia...one day printed dollars might not be of interest to them and they will say "what else ya got ?" And we know what they mean by that don;t we ?(clue it's shiny)
The US agreeded to have the dollar pegged to Gold to achieve reserve currency status...on reneging on that pledge they should immediately have been stripped of this. But we also know why that didn;t happen because they are the big bad bully and they will sanction anyone or intervene militarily against anyone who threatens their "interests" nothing more than a crime syndicate parading as a state imo
Try ths kid of cognitive dissonance from Pelosi last year...talking about the public "we feed them" from a woman who is a useless octogenarian sack of, who has never worked a proper job in her life...never captained a fishing boat, never learned how to be an electrician, plumber, architect...why oh why the american public put people like this useless eater into power is beyond me....her and her ilk are nothing but feckless parasites who think the host they live on and off are dependent on THEM ! Crazy or what ?
Which actually reminds me of those shorters who got burned by Porsche on VW shares there simply were not enough shares to be had as I recall to cover the shorts....."love the smell of shorts burning in the morning"
All they were trading in was paper in reality, there is not enough gold to cover all the paper contracts. It's all just imaginary gold until someone demands delivery from you then you actually have to go find the real thing
Apparently there is only 0.5 of wealth ivested in PM's when traditionally there would be 1.5 percent. This confirms my suspicion that Crypto especially Bitcoin are a govt originated Liquidity Trap to take the pressure off of PM's. Now good luck to you if you made money on it but do be aware your gains are someone else's funds poured in, this is the epitome of a pyramid scheme. At some point crypto will die on the vine and Gold and Silver will be resurgent
Looking a the UKGov website for outbound terrible wording, it reads you need all the tests when i believe it's one of the below: I recall last year the PLF from Greece made more sense in English than the UK one.. useless civil servants waiting to retire on a golden pension paid by working stiff;s taxes
Just looking on the TUi website no clear indication of how the testing in resort is organised for Greece and no indication if you need a test on the way out even if double vaxxed. Chum off to spain no test required on way out. If I have to hunt for the information Tui ....YOU ARE NOT DOING IT RIGHT ! You need to be doing it better now than ever with the debt you have taken onboard and the bail outs from Merkel...not impressed
Something incensed me this am on Yahoo from some wet behind the ears so called analyst over at Yahoo. Calling Gold the worst investment of 2021 and then went on to add some drivel about conspiracy theorists as to why. Blah blah'd about the flash crash without stating why ! Never mentioned the following as facts:
Unlimited paper contracts which came about because of JPM's inherited short position from Bear Stearns
Someone dumped 4 billion in contracts(paper) in one hit with seeming disregard for the price received and the effect this would have on the price of gold.
Why would you do that unless you were actively trying to flush out gold bulls ?
How about the dollar disconnected from Gold as per the Bretton Woods agreement in 1971 under Nixon completely breaking the US obligations for them to have the reserve currency
Conspiracy theories or facts my wet behind the ears chum(p) ?
The US Debt Ceiling is just lunacy after lunacy after lunancy. The only reason they get away with it is they have the reserve currency and how did they get that ? By promising to redeem it with gold at Bretton Woods. De Gaulle called them out and then they uncoupled like the liars and fakers they are. They will raise the debt ceiling they will rais e the debt ceiling agai and keep on doing so...because when you print the reserve currency all it costs you is the price of the paper and the ink as De Gaulle quickly spotted. Kudos to him. The British too slow as usual didn't get diddly squat for their gold or i suppose they did some hyper inflating printed dollars