Summary
➡ The article discusses the current economic situation, highlighting the rise in basic necessities and falling asset prices in China, which is leading to stagflation. It also talks about the opportunity to exchange silver for platinum due to a favorable ratio. The author mentions an unsuccessful attempt to lower gold and silver prices, and warns of a potential financial crisis if the open interest in gold increases significantly. Lastly, the article discusses the war on cash, with a specific focus on Israel’s plan to demonetize the 200 shekel bill, which could lead to hyperinflation and increase the value of gold and silver.
Transcript
So Chinese asset prices are in big trouble. Another wave of food price inflation in China has begun. The platinum to silver ratio is approaching a new all-time low excluding the 1980 silver top. So if you would like to exchange some silver to platinum you still have a great opportunity to do so. And despite gold being at all-time highs and silver climbing fast we still have the final monetary crunch ahead of us which could very briefly bring down the prices of everything including gold and silver. Gold the least but silver more. It won’t last long but it is still ahead.
And finally the war that’s going on over here something monetarily to say about it. It is a cover for the war on cash. I’ll show you an article about the 200 shekel bill and this is going to come to all countries soon but we don’t have to worry about the war on cash because that only encourages the use of gold and silver. States can demonetize their fiat paper but they cannot demonetize gold and silver. They can try to outlaw it but it will not work. So as scary as the ban on cash is it is only a warp zone for the return to gold and silver and the global hyperinflation that is still ahead.
And before we get into all that this week’s silver report is brought to you by Fortuna Mining symbol FSM. Today I wanted to get into what is on the one hand a major mine of Fortuna Mining and on the other hand a miner mine no pun intended and for reasons that follow Yaramoko mine Burkina Faso right next door to Ivory Coast and the Segella mine which we hear a lot more about. In 2023 Yaramoko produced 117,711 ounces of gold. That is a palindrome. That is not a coincidence. Fortuna Mining always aims to mine a palindrome number of gold and of course I’m not joking.
I never joke about anything. It is the highest grade gold mine in Fortuna’s portfolio but the thing is it only has an operation mine life of about two years. Now on the one hand you can say oh that’s very minor and this isn’t a very good asset but within two years we will almost certainly be in the endgame. Could I be wrong? Of course I could be wrong but I cannot see a way that the monetary system with the amount of war that’s going on in the planet right now and the amount of insanity that this current monetary system can last more than two years.
So as we head into the endgame Fortuna has an incredible resource here of two years of 117,711 ounces of gold a year somewhere around that number over the next two years its most productive mine and we’ll see how much gold they can gather before the fiat monetary system dies a wonderful and glorious death. And with that let’s continue with this week’s silver report brought to you by FSM. The first thing I wanted to share is a tweet from Brett Weinstein if you don’t know him he is of the Dark Horse podcast he’s a big player in the freedom medical freedom movement.
This man is very articulate he’s very smart he’s a biologist and he’s starting to understand the monetary situation that we are in and the importance of that is that he can explain it to a lot of people that stackers do not have access to because we are not in their circles. Stackers gold and silver stackers are only one part of the freedom movement where the monetary part of it and the money of course is the base of everything and all of the corruption and all the totalitarianism that is burgeoning today and if we can get other people in other freedom circles to understand that we can get them all to focus in on the money and end the pyramid and destroy the totalitarianism that is built up since 1933.
So he says here when a mammal dies its fleas abandon it and leap to another they’re programmed to do it and they do it well. The sense you have that the wealth in our system is being drained is not your imagination and here he’s starting to understand ruin his taxation rampant money printing endless bubble schemes in our markets our civilization is being looted in preparation for replacement the elite utopia that is imagined by the looters is doomed to failure of course but that is of little consolation to those of us slated to be left for the maggots and here is where bret calls the endgame just like i’ve been saying since i began the endgame investor in 2020 the parasite scales up he tweeted this on september 19th yesterday at 332 pm the parasite scales up growing with and preserving the host as long as it can but let’s not fool ourselves about where this ends the signs that we are on the endgame are everywhere he gets it we’ve got to get these people to focus in on the money and concentrate our power and end the dollar and free the world not to say that this isn’t going to cause problems it definitely will but we will be prepared for it as much as we can and we will be able to save whatever remains of the division of labor once this happens bread is organizing the rescue the republic rally in washington dc on september 26th check out the hashtag rescue the republic on this tweet and if you are in the area do show up bitcoin trying to regain 50 week moving average versus gold very quickly on the bitcoin chart yes bitcoin has been going up lately over the past two weeks to be exact but it’s still struggling at the 50 week moving average here relative to gold the 50 week moving average is at 24.26 and bitcoin is slightly down from this chart this chart is a little bit delayed so it’s this 24.49 here basically bitcoin is challenging trying to break back through the 50 week moving average i don’t think it will be able to do it but you know we’ll see bitcoin is bitcoin it’s very unpredictable chinese stocks at major support this is what i said in the introduction the major support line is at about 2700 as you can see here it’s been hit five times once in 2016 once in 2019 twice in 2020 you call it seven times uh and twice in 2024 once you have this many hits on support it usually breaks through but let’s look at what is going on in the longer term in chinese stocks this is a lot scarier if you’re invested in chinese stocks we have this same support line the short term support line this uh horizontal line over here you can see one two three four and the short term five going back to 2016 or six or seven depending on where you want to count it but we have a longer term uptrend line from before the great financial crisis of 2008 which uh really drove chinese stocks a little bit mad or a lot bit mad uh from 2005 until now or until to be precise uh some more before 2024 is that 2023 2022 somewhere in there there was an uptrend right and it hit once here once in 2014 uh once in 2018 once in 2020 and it broke through finally somewhere in 2022 and now it is resistance you can see here that we challenged this uptrend line last year and now we are testing the final support zone over here so if we break this the uptrend line that has been in place since 2005 is now broken chinese stocks are in trouble and china being the second largest kinesian economy in that sense uh if it goes through a deflationary spiral the rest of the world will follow and then there will be the final round of money printing all this stuff is going to happen at the same time in unison and we will have our end game another wave of food price inflation in china meaning meanwhile while the chinese asset prices are falling in a potential deflationary spiral what we have here is a new upsurge in chinese food price inflation basic necessities you can see the reason i put it back to the 1990s here is to show you that uh surges in chinese food prices tend to be long term right once you are out of a deflationary uh epic here or time frame time period whatever you want to call it uh usually food price inflation increases for the long term so here we have it’s at 3.2 percent or something like that right now this is the beginning of a new surge in basic necessities increases in food prices in china while the asset prices are falling its stagflation is what it is and that is very big problem for the kinesian world that we live in but a good thing for us stackers platinum to silver ratio approaching end of a 26 year triangle okay you have the opportunity if you would like to to exchange some silver for some platinum i myself only have one ounce of platinum i exchanged it for about 34 ounces of silver i spoke about that story a few uh silver reports ago a few months ago if you would like to have some platinum and you have a little bit too much silver to carry or to handle you can exchange about 31 ounces for it for a nice ounce of platinum and i don’t think you’re going to get much better prices than this ever we have a descending triangle that is going to break out to the upside at some point soon it is on its convergence point over here it started since 1998 so this could be one of your last chances to exchange some silver for some platinum if you’re interested in platinum silver is the money platinum is a less good money it’s less liquid but it’s at such a good price that i would be tempted to exchange more silver for platinum if the opportunity arises and i can find a coin chap that can supply it here mr slamy fails completely gold edition this is about the attempt to slam the price of gold and silver yesterday you can see here that this over here um post the uh fomc meeting in pal’s press conference so gold went way up to an all-time high just about 2600 in london prices and then mr slamy came and slammed it down to below 25 50 i think about 53 and then mr market responded and were back up to an all-time high now we’re going to go into silver edition of the same thing you can see here the 50 basis point cut over here rose silver to a high of somewhere around 31 and 30 cents then mr slamy came in and eventually failed after a few hours and we’re back at the highs here in silver so the question is was this an attempt to slam down or was it something else uh and the open interest can answer that question for us because we can see here that the open interest is at 545 000 right it hasn’t gone down from these numbers over here this one says 538 the current number is 545 so open interest went up right that means that more contracts were opened by short sellers and those contracts were met by longs at higher prices so the opening up of more short contracts for every short there is a long obviously did not bring the price down only very temporarily ephemerally for a few hours and the longs are back in control here so the slam did not work in gold and we’re not in a short squeeze yet but the shorts keep opening up new contracts at ever and ever higher highs here so they are in trouble to give you a longer perspective here this box over here is still ahead of us the open interest in gold the the all-time record was just before the 2020 slam down and around february of 2020 uh at 800 000 contracts were nowhere near that now but what i’m saying is that before a financial crisis usually you have an incredible rise in open interest in gold i don’t know why that is i don’t understand the mechanics of it i’m just saying it happened here and then you had a huge slam down to 1450 it scared the pants off of a lot of stackers it doesn’t look very big on this chart but it was very big at the time so if we start to see open interest really climb high like towards 700 000 800 000 contracts that could be a signal that the final slam is ahead of us just be careful of it it might not happen just be emotionally prepared if it does this is also still ahead of us this little peak in open interest here in silver was also an all-time peak going back to 1980 1980 was higher but this was the peak excluding the 1980 silver parabola and it brought silver down to somewhere in the 11-dollar range freaked everybody out so if we see silver open interest climb to about 240 000 it’s right now at about 140 000 uh we’re nowhere near there yet so we’re in a different situation just be careful of this and be advised that it could happen and be emotionally prepared now the final thing i want to go into is the war on cash right this article i just saw i will translate it as i read it this is in hebrew it’s about the 200 shekel bill as a war is going on between israel and lebanon and syria and iran proxies and possibly egypt who knows what’s going on down there i don’t know this article came out and it is the war is cover for this and it’s very obvious to those who understand it says here the title the end of the 200 shekel bill the prime minister netanyahu has advised the treasury secretary or the treasury minister to cancel the bill immediately now i got two bills here this this is the 200 shekel bill which will soon be demonetized in israel this is a 100 billion dollars in babuan bill that is worth nothing soon the 200 shekel bill will be inadmissible for payment of taxes they’ll probably put a deadline and nobody is paying attention to this because of the war that’s going on and all the pager attacks and everything all the excitement it’s a psi-op to distract people but i’m not worried about the war on cash why is that because while governments can demonetize their bills first of all that hastens hyperinflation it brings the endgame closer and it increases the prices of gold and silver because while governments can demonetize their own fiat they cannot bring the market price of gold and silver down by doing so they can only bring it up so what should happen is that coin shops should see an opportunity to increase business here and you should see more coin shops turning up so that people can sell coins for shekels to pay taxes with that even though they can’t pay taxes in the bills and that should bring the popularity of real money up to a climax and destroy the value of the shekel and any other fiat currencies that try to demonetize their cash the other effect of course is that those who are using cash to avoid taxes will suddenly have to pay them and if they are businesses they are going to have to raise their prices which of course is going to speed up the hyperinflationary process the government is trying to take away all the power from the people but once they have everything they shoot the moon and they have no power at all and gold and silver start everything over this is rafi of the endgame investor with this week’s silver report for arcade economics the endgame is coming the pace is quickening people are calling it now outside of gold and silver circles and i will see you guys next week bye
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