Vince, the Russians have two war ships and a nuclear submarine in Havana Harbor. This that was the news item of two or three months back. If you look at the map, the Mississippi river is where all the grain from the United States comes out at on barges and also all the oil products in the United States is basically on the Gulf coast there so 90 miles away you have a nuclear capable threat huge threat in the United States Navy of Venezuela to get behind this Russian threat that’s just my opinion. I’m not sure about the golden silver restrictions. You can fly that out in an airplane. China has a port that they put on north of Peru about 40 miles and they’re shipping a lot of minerals out of there and there’s no ships over there to stop it. That would be my counter just a thought.
Lot if problems that need to be resolved in the geopolitical world today. My thought being the US Naval Armada currently interdicting drug trafficking off the Venezuela coast is more about the Russian threat in Cuba- drug interdiction is good but it doesn’t take two strike groups to manage tgat action- look over here whats actually going on remains hidden
Highly recommend consideration of Louis Navalier’s take on this matter: tapping US home equity directly via tax-incentivized HELOCS and other methods to transfer the stock bubble and/or its remains into the Treasuries spectrum. Also, the classification of gold (and possibly silver) as HQLAs with their revaluation to a market equivalent fixed rate high enough to meaningfully reduce or zero out the US debt. Finally, under the most extreme conditions, direct capital controls, asset confiscation, and even currency cancellation.
Vince, What do you make of the recent information posted from the FED's Repo facility this morning 12/26. Seems overnight, 17 Billion was lent from the repo facility presumably to the large US banks. On a day when silver rose 10%, was this a margin call and the banks couldn't cover? Why would 17 Billion leave the Repo market on the day after Christmas? Would love to hear your thoughts.
Andy said he had heard that the European banks are holding most of the short contracts on silver.
There is a meeting next week to discuss the Ukraine war with Zelenskyy. If the euro banks hold most of this, does this mean Trump is holding the euro banks hostage to end the war. Just a thought
Who has it ?
PRC and JPM
Who is losing it ?
Comex and LBMA.
Thanks Prof for all the coverage in this volatile and exciting time
Vince, the Russians have two war ships and a nuclear submarine in Havana Harbor. This that was the news item of two or three months back. If you look at the map, the Mississippi river is where all the grain from the United States comes out at on barges and also all the oil products in the United States is basically on the Gulf coast there so 90 miles away you have a nuclear capable threat huge threat in the United States Navy of Venezuela to get behind this Russian threat that’s just my opinion. I’m not sure about the golden silver restrictions. You can fly that out in an airplane. China has a port that they put on north of Peru about 40 miles and they’re shipping a lot of minerals out of there and there’s no ships over there to stop it. That would be my counter just a thought.
Lot if problems that need to be resolved in the geopolitical world today. My thought being the US Naval Armada currently interdicting drug trafficking off the Venezuela coast is more about the Russian threat in Cuba- drug interdiction is good but it doesn’t take two strike groups to manage tgat action- look over here whats actually going on remains hidden
Whoa, great point!
I live on the Mississippi gulf coast and there is alot of military industrialization ongoing here.
Also, there are 2 maritime checkpoints of geographical narrowing, between Cuba and the Yucatan and between Cuba and Florida!
Im going to be sitting on contested waters!!
There was a report from Jon little's Silver Academy that a cartel has seized a mine in Durango mexico this month of December.
I believe it was the Inge mine, if I remember correctly.
Many thanks to my two favorite PM analysts
Sirs, You are huge! May I ask You to consider any implications related to the US debt need to refinance soon 3 trillions or so?
What I heard yesterday (Nima and Col. Wilkerson) is that the only possible helper could be... China, so... bluff? Or.. help us or else?
Highly recommend consideration of Louis Navalier’s take on this matter: tapping US home equity directly via tax-incentivized HELOCS and other methods to transfer the stock bubble and/or its remains into the Treasuries spectrum. Also, the classification of gold (and possibly silver) as HQLAs with their revaluation to a market equivalent fixed rate high enough to meaningfully reduce or zero out the US debt. Finally, under the most extreme conditions, direct capital controls, asset confiscation, and even currency cancellation.
Well.. All is possible but this evening I wish to see an happy ending movie with a smile on my face 😜
Thanks Vince
That Oil was heading to CUBA!!!!!! Not China
I did q quick check on the web and it looked like the first one was heading to China and the second one heading to Asia.
Vince, What do you make of the recent information posted from the FED's Repo facility this morning 12/26. Seems overnight, 17 Billion was lent from the repo facility presumably to the large US banks. On a day when silver rose 10%, was this a margin call and the banks couldn't cover? Why would 17 Billion leave the Repo market on the day after Christmas? Would love to hear your thoughts.
Andy said he had heard that the European banks are holding most of the short contracts on silver.
There is a meeting next week to discuss the Ukraine war with Zelenskyy. If the euro banks hold most of this, does this mean Trump is holding the euro banks hostage to end the war. Just a thought
Thank you Vince, and, Eric, for sharing this over the holiday!
This knowledge is the reason Goldfix is the best read on any platform or any publication.
Thanks Professor Lanci and Mr. Eric! Should we consider the question: Where were you when Comex/LBMA died?
BRILLIANT!! I love Vince and now I love Eric as well!! 💃🏻🕺🏼🐿️
I get we should be holding our physical and not selling but does that mean profits should be taken quickly on SLV/GLD in this environment?
Very good question. This crossed my mind. There's enough silver in the US ETFs to solve the problem - at least temporarily. Very tempting for Trump.
Belt & Road coming into focus.
Boyz.
This is fascinating.
London and the British Empire are “ Toast on a Silver Platter”
Thank You Both for Your Work over the Holidays.
Respect.
How is the price action in silver drifting to SFE if physical silveris sequestered within chinas borders?