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Jafo
Zeihan on Geopolitics
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Comments by "Jafo" (@here_for_the) on "Peter Zeihan || Interfering with the Russian Gold Trade" video.
@SkyRiver1 the paper trading of Gold & silver manipulates the metals market. The metals often only exist on paper contracts. Until people truly understand this process, they will not be able to discern why the economy & gold are not tied together as it should be, unless the Comex chooses to allow it.
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@innosam123 you do have options. Buy ETFs that gurantee the holding of every ounce of Gold/Silver in actual metal, as they sell in paper contracts. Sprott is the only 1 I know of. Jp Morgans junk paper isnt even 300:1 of collateral backing. If you have enough paper in 'your apartment', Eric Sprott will actually redeem you your Silver or gold. The only condition is you must own enough paper gold to equal 1 bar or whole bars in #. He won't cut up bars into pcs to sell you a cut off chunck. So in that case, you can own actual gold & silver. Or at least know its backed by real metals. Unlike the crooks at JPM & Chase, along with Deutsche Bank who admitted in court they were manipulating metal prices.. See anyone to go to jail over that?? Nope.. crooks don't ho to jail, just real people who aren't bankers. Buy Sprott, & not the scams like GLD & SLV.
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The Comex was literally created to manipulate the price of Gold & Silver. JP Morgan/Jamie Diamon have been at the root of precious metals manipulation for yrs. The US doesn't want a strong gold price point. It only serves the 3 big nations that store it now. China, Russia, & India. & if you haven't noticed, all three are trading partners of oil, grain, & minerals to ea other. Only the USA can suffer from appreciation of precious metals prices. It benifits the American investors, but the government doesn't care about them or re-installing a Gold standard to bk our currency. Oil backed it till Joe got us into this war. Even Bush stomped put Sadam Hussein because he started selling oil in Euros & other denominations, for about a yr. Then we suddenly needed to invade Iraq... months later, Iraqi oil is bk to being sold in US Fiat only. How ironic 🤣!
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@imixmuan9081 your correct. Only the little guys remember who there friends are/were. Our own history is littered with tossing nations aside or helping them establish a new regime, when it benefits both the US & Big Oil. Now the climate activist want oil gone, so now they are also on the Green New Partys hit list. Im all for finding alternatives to oil. Im not interested in flushing billions in taxpayers money to try to force an energy agenda that is a few decades away from maturity. Maybe 2050 even. Be reasonable in the process. Not over zealous. Climate Change is the newest & fastest growing religion on earth. & it allows the globalist to wrap all religions into the fold. Its actually a cult, more than a religion.
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@jeanlamb5026 Comex paper CANNOT BE REDEEMED FOR METAL. Sprott ETF can be. 1 is backed. 1 is not backed. Sorry if your intellectual capacity cannot see the difference between this & the fact the Hunt Brothers have nothing to do with this topic. We all know the tail of the brothers. Its irrelevant.
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Russia has been mining/selling, accumulating gold a while. To say its a 'state secret' as to the amount of gold the Russians have Peter.., have you never heard of Fort Knox??? & the fact that the amount of gold in Fort Knox is a state secret of the USA. Stop trying to make something from what the USA does daily as well. Remember when Barry & Joe gave Iran pallets of cash in every popular denomination but in US Fiat currency (US dollars). I now you plan to be the next Jim Rickards Pete, but ya gotta tell the truth about all players, & not be just another propagandists for this Whitehouse administration.
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