Founder & CEO of Scottsdale Mint
Co-Founder & CEO of The Wyoming Reserve Opportunity Zone Fund Corp
Bringing my own personal angles on Precious Metals.
A President that built his career on Real Estate & who has the support of the Technocrats will never allow deflation to enter the arena.
IMO, any talk of this is a setup for the direct opposite.
The $ printing of liquidity will come.
Seems the raising rates things may have just been a "set the table" for Warsh to flip the script(hinted at prior)
U.S. delivers a weak June jobs report:
+57,000 job vs 114,000 projected.
Unemployment 4.2% vs 4.3% projected. May numbers were revised downward by 43,000.
Vince also has noticed...
Major Bets on $15,000 Gold
Open interest in December $15,000–$20,000 Comex call spreads holds near 11,000 contracts even after gold's pullback.
Meanwhile some investors of being shaken out of their PHYSICAL Gold and Silver?
This was a post from Trump from Truth Social before he took office. A reminder of the battle behind the scenes that most don't see. Who and why is stacking Gold? And for what purpose?
The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy. They can go find another "sucker!" There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America.
Technical analysis and chart patterns are essentially useless when it comes to understanding the gold market. What the manipulators don't expect is that sharply driving down the price of paper gold may suddenly trigger massive buying of real, physical gold from all over the world. The operators believe that if they can keep suppressing the paper price long enough, this strong physical demand will eventually die out.
People outside North America have experienced similar monetary crises in the recent past, so they understand that the current paper-based financial system is nearing its end, while Gold is rising in importance.
Because physical demand is so powerful, it will eventually overwhelm the paper market.
We are in a Metals War...a very multi-dimensional one.
A monetary reset is coming. There is no other option.
The shake-out along the way is part of the process. Follow in the footsteps of the Giants. The biggest central banks are increasing their percentage of Gold on the balance sheets.
Gold is NOT a trade. We are entering a new paradigm.
This is THE decade you want to sit tight and accumulate for what is coming.
Soon I will be publishing some targets along the way as we head towards the Phair-Sinclair Ratio over the next 4-6 years.
1. Midterms are coming. Mood is off.
2. Clarity Act just cleared the Senate Banking Committee = big step to help digital assets.
3. New Fed Chairman Kevin Warsh took the helm today.
Feels like the stage is set for some new liquidity to be juiced into the system. 🚀
My thoughts why we are seeing more bullish bank reports on precious metals:
Some of these banks have "new" customers and see what is coming. The representation of nation states acquiring metals, ala "Mercantile Banking" is picking up steam.
Speaking of raising allocations:
CHINA is a great example of non-stop accumulation. Their Central Bank has now purchased Gold for 18 months in a row. April saw their largest Gold buy since 2024.
*Please note, this does NOT include OTC buying that typically isn't reported.
Fed's primary goal is the continuation of the Government it represents.
*Not the people within it.
That's why so many are realizing they need to become their OWN Central Bank by owning Gold. Individuals & Institutions alike.
Something to keep an eye on. Remember, much of the world has been supplementing the Oil short fall with reserves. Each nation has various access to reserves and some much more limited than others. To expect some economic pain around the globe would be a conservative view.
🚨THIS IS VERY SUSPICIOUS
Energy facilities around the world are getting blown up, and no one knows the exact reason.
Here's a list of major oil refineries/energy facilities being blown up this month:
3rd April: Russia's Major Oil Export Terminal
4th April: Russia's Crude Distillation Unit
7th April: India's Power Plant
9th April: Mexico's Refinery
14th April: India's Power Plant
15th April: Australia's Energy Refinery
20th April: Russia's Oil Refinery
21st April: India's Oil Refinery
21st April: Romania's Power Plant
21st April: Texas Oil Rig
A few of them have been blown up by drones, but most of them mysteriously caught fire.
And this is happening when the world is already going through its biggest energy crisis in decades.
Is someone deliberating trying to push the world economy in Lockdown 2.0 by choking up global energy?
Programmable money programs are approaching. Some call it CBDC's, others are simply rebranding the censorable money with a softer name.
Voluntary phase ends the moment a cyber event hits. Crisis = Adoption
IMF data shows that the National Bank of Poland increased its #gold reserves by 11 tonnes in March. This lifts its YTD net purchases to 31 tonnes, and total gold holdings to 582 tonnes.
There have been some nations that had to sell some Gold to meet obligations due to the cash crunch in the Middle East. HOWEVER --- Central Bank purchasing is now expanding with other players.