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My name is Jeff's avatar

Does this tie into bond side of Hartnett’s BIG? Would purchasing that much bonds drive price up and yields down?

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VBL's avatar

Yes. But it’s not part of his public plan… If you know what I mean. I’m sure he’s considered it. But it’s too out there and left field to be part of his weekly work.

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Harris's avatar

Monetize revalued gold means using it as collateral.

CDO? Sound familiar?

Except no one trusts USG UST to actually own physical gold and no one trusts USG to convey said gold at maturity or under any other circumstances -- USG would cash (fiat) settle any claims on its gold.

Maybe salesman trump could sell these CDOs to CBs or SWF but only by threatening or bribing SWG or CB officials. Maybe make "gold backed"🤭 bonds tax free for americans and the sheeple will buy some-- a complete con. Gold-INDEXED bonds or CDOs is more accurate.

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VBL's avatar

That’s the whole point. They can’t sell the gold, but they need to raise money based on what its value is. If they have it that’s fine. If they don’t have it, you’ll never know because they’re not selling it.

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Steven Morgan's avatar

Single signature opening what was closed - knock the debt down to zero- spending limits and term limits/ UNITED STATES OF AMERICA stays world leader for many years to come EO 11615 (?) closed the ‘gold window’ printing to the edges of the universe ever since. Just my thought- what’s going on today the word ridiculous is a term that lacks the true depth of the depravity currently being exposed. Criminal offenses and they should grab a few of these crooked creeps and make examples of them- you know aka Julian Assange or Edward Snowden who spoke the truth. We’ve been so wrong footed it’s embarrassing!

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