20 Comments
User's avatar
LUIS DOMINGUEZ's avatar

I am so satisfied with my subscription as a Founder. The level of granularity in your analysis is superb. I would have been in limbo regarding to the material covered today if it wasn’t for you. Thank you many times!!

Tom Larson's avatar

Incredible content Professor Vinny, wild times are here

EconomicFlatologist's avatar

Goodness! I really enjoyed this!!! Thank you, Vince!!!

Yufeng's avatar

If this is indeed a metal war and US understands it, why not print USD and buy up the physical? My thinking is maybe US does not understand the seriousness.

Also spoofing is a trader cancels its own trade before it is executed but I thought on black friday it was CME who cancelled that physical delivery trade came from Asia? Lets take a step back treating it as a spoofing, how would the most experienced traders in CME respond to such actions? Seemed like the options for the market makers are limited when the other trader has more purchasing power at it's disposal and is willing to commit. Pulling the plug and masks the real inventory seemed like a good solution, of course until the exchange loses it credibility. No matter what the solution, one either let the metal leave the exchange or not.

Gwant's avatar

Sir, it's been my thought that they are taking turns to do just what you suggested, print and buy. Once again they roll over the Plebs to get their share. Might actually be more of a competition than a war.

C Rabbit's avatar

In what world is something described as a "debt-backed stablecoin" worth anything?

BowTiedPermie's avatar

The attempt is being made now. The Genius Act and the Clarity Act, great marketing hype right, are pushing the tokenzation of everything via a blockchain.

If you want to know more listen to Aaron Day, go to his website, or read his book.

Scott Turner's avatar

This podcast has a lot of detail about what is happening with regards to stablecoins and their future with regards to creating a market for US Treasury debt. I would also recommend any of the podcasts with Tom Luongo and Vince Lanci for a more complete understanding of WTF is happening financially and geopolitically.

https://podcasts.apple.com/us/podcast/gold-goats-n-guns-podcast/id1435023391?i=1000720437604

Chris's avatar

Any comments on todays drubbing?

BowTiedPermie's avatar

And why hasnt silver had a larger move up after Black Friday? it would seem that would be the trajectory if CB's, sovereigns, and the people in the know are buying physical.

carlo's avatar

superb commentary

Mr. Simon Field's avatar

China has been quietly accumulating gold while the USA had become so mentally twisted that can even define a woman and has perfected a new bum-vagina out of a goats ear. Now Vince wants a gold war. Too late old chum. The USA always wants a fucking war. And they keep on losing their fucking wars. Anyone noticed? Ukraine is about to turn into Vietnam and Afghanistan 3.0. The USA has just worked out they rely on China to re-supply their missiles with REM after Biden gave Ukraine unlimited missiles to throw at Russia for 3 years. So..you dont think Russia and China set the trap and the USA has just fallen in. Still…. there is always that strategist Trump to keep Y’all ahead of the game. Comedy

Steve D's avatar

Thank you 🙏 🔨🔨🔨💫

Marvin Gardens's avatar

So Metal Wars are a component how the Bretton Woods 2.0 is a Process.

Eutychus's avatar

So, seems like the best strategy for the plebs is stacking physicals. Any additional strategies...?

Diggi's avatar

...and thank you for the clarifications, Vince.

Diggi's avatar

Sprott posted this recently. https://www.sprottmoney.com/blog/counter-silver-price-hype-comex-delivery-myths. But it seems to not explain much. ...which bothers me. Maybe I am just missing something.

Yeti1's avatar
Dec 4Edited

what city could launch a stable coin backed by precious metals? Well, if/when it happens, someone might caution not to buy, but more will say "Do buy!"

FriedHog's avatar

18:15 Long dated charts better viewed on log scale?