EN
One thing to remember – when these huge financial upheavals occur,
you find out “the day after” they’ve tried to patch things up.
A situation where more gold standing for delivery than is claimed to exist is NOT a “good” thing. This is a VERY dangerous situation of potential default and one where by hook or by crook has been avoided to this point.
- The Comex is now operating on a ratio of 542 paper [counterfeit aka; derivative] ounces for every 1 ounce of registered [physical] gold
Is it this delivery month where delivery fails? I do not know. I do know we live in a world where China is importing every single gold ounce produced on the planet leaving nothing else leftover for the rest of the world.
This situation can only last or continue as long as vaults have gold and the owners are willing to fill the deficit between supply and demand.
I will say this, the global financial system will completely seize up and close for trading once gold delivery fails. This will only take 48 HOURS after a failure, and the ability to procure metal, sell stocks and bonds, or do anything else financial will “not” be an option. ~ Bill Holter
The action in nearly all markets worldwide changed on a dime since January 1st.
I am not sure “what or why” the change coincided so closely with the calendar year but the rate hike by the Fed is the leading candidate. As for the real global economy, there is certainly evidence the weakness of late last year has deepened significantly. The pace of collapse has shifted gears as evidenced by trade, earnings and even central banks. Japan’s new policy of negative interest rates followed by new Fed trial balloons of same speak volumes about “stress”.
Another area of stress is change in the action on COMEX.
I have documented over the past year several delivery months where there were more contracts standing than registered gold available for delivery. The current Feb. contract has gone past first notice day with 13.3 tons of gold standing for 4.5 tons of registered gold. A very good synopsis of this was done yesterday by Craig Hemke at TF Metals Connecting The Comex Dots I encourage you to read this as Craig documents the recent shell game with inventory.
It is important to understand there are huge changes going on at COMEX.
First I need to correct something I wrote last week. I said;
“it doesn’t make sense for the shorts to not deliver on the first or second day of the delivery period and wait until the end of the month”.
This is absolutely correct, but I wrote this in late Jan. … so the deliveries we saw were some FIFTY PLUS days after the delivery period began on Dec. 1st!
Are they really allowed to wait 55 days to make a delivery?
Just to make it clear, it make no sense whatsoever to not make a delivery on day one or two because the storage costs must be paid. I absolutely stand by the most obvious reason not to deliver is because the gold was not available.
“Waiting”
~ to deliver earns NOTHING and costs money, Wall Street does not work this way!
We are also seeing another VERY BIG change in this delivery month.
While we saw very few “serves” early in delivery months in the last couple of years, this has changed. We saw 58 on Monday, 546 Tues., and 158 on Wednesday.
It is my opinion we are now seeing serious rebellion in the queue!
It has been contended which I firmly agree with, “cash settlement” with premium has been prevalent on the COMEX for quite some time. I now believe there are some standing and DEMANDING delivery and refusing cash. [demanding now the delivery of the real physical gold/silver]
This I believe is evidenced by gold in backwardation all the way out to October. I won’t spend the time to explain again why here, but backwardation CANNOT exist in gold in a correctly functioning market and one where the rule of law actually exists.
THE NWO OBAMA PUPPET
No matter how big of an apologist you are, it cannot be argued that a situation where more gold standing for delivery than is claimed to exist is a “good” thing.
This is a VERY dangerous situation of potential default and one where by hook or by crook has been avoided to this point. Is it this delivery month where delivery fails? I do not know.
I do know we live in a world where China is importing every single gold ounce produced on the planet leaving nothing else leftover for the rest of the world. This situation can only last or continue as long as vaults have gold and the owners are willing to fill the deficit between supply and demand. I will say this, the global financial system will completely seize up and close for trading once gold delivery fails.
This will only take 48 hours after a failure, and the ability to procure metal, sell stocks and bonds, or do anything else financial will not be an option.
Liquidity is drying up and no Ponzi scheme can survive without “new juice”!
A very basic and core problem with no solution other than resetting, rebooting and revamping the system itself!
- We are living a global margin call that cannot be met.
- The system is clearly broken and you do not need to be a rocket scientist or even have higher than an 8th grade education to understand this. No matter what you look at, it is clear something is very very wrong.
- I have written I believed a force majeure will occur within the gold and silver complexes.
- I have written of “truth bombs” being dropped by Mr. Putin The Ultimate “Truth Bomb” – The East Knows The West Is Bankrupt and
- The Chinese holding a silver “Kill Switch” in China
- A financial failure larger than any and all past crashes will end in social unrest all over the world.
- When credit ceases and breaks down, it will be felt first and foremost in “distribution”.
- The distribution of everyday and necessary goods will be interrupted.
- Empty stomachs will fan the flames of angry mobs.
- Those who have lost the fruit from their life’s work will be more interested in their next meal versus wealth.
- I stand by everything I have written on these topics. The greatest credit unwind of all time is unfolding right now before your very eyes!
Critical Thinking
- I am sure this article will fan the flames in “troll town”!
- Please attack the logic, do not say “it will never happen because it has not”.
- Do not point at the prices of gold and silver and say “see, you are wrong”.
- The manipulation of markets, all markets is so obvious even an idiot can see it with very dark sunglasses on!
- I expect we will see “gap” openings in nearly everything very shortly …
- Please do something, anything, to protect yourself and loved ones!
Standing watch,
Bill Holter
Holter-Sinclair collaboration
Comments welcome, [email protected]
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- Central Banks Are Out Of Tricks:
- Stimulate This: The Perversion Of Keynesianism
- Outwitting Local Freemasons: Follow The Constitution!
- Shanghai Shock April 2016: Yuan Based Gold Standard.
- The Reset: Exorcism Of The New World Order ~ The Laudato Si.
- Dow Jones Industrial Etch A Sketch: The Mafia’s Exchange Stabilization Fund ~ While America Is Bilked.
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wow what a post wow…
Note that this post confuses the situation and reflects the fear and distraction that the followers of the dark and cabal are looking to spread ideas that dis-empower and reduce clarity and understanding of what is the light and what is going on. It has very little to do with planetary ascension and does not automatically represent the views of the people who host the PFC site. As it is a public site that allows comments good or bad to be posted then you must discern what is for you based on the introductory information found here that is meant to uplift and heal in contrast to the type of disinformation found in most of the post above.
the comment does not say the post has no good points, it does yet those who live in this world are subjected to a lifetime of certain viewpoints that limit the perspectives on abundance and spirit and we all need to grow more to the light that sheds understanding to each of us individually on what is going on in this world.
Hi Mitch!
The thing I would highlight more in this article is not as much the cabals machinations, there’s nothing new there to see.
What I found most interesting here, and in harmony with what Cobra said some posts ago, is the financial tipping point, or as I like to call it, the “Reset” of the Gold price.
Please notice that according to this article and the info given by Cobra, its scheduled to occur in the beginning of April.
I don’t want to sound like another guy crying wolf but the fact remains that we should extract the pertinent information in each article to better build a more accurate map of the future and world events, and prepare accordingly. Good information and assessment is crucial to make adequate decisions that could affect our or our loved ones future.
From this article and others about the current state of the financial world we obviously have the greatest window of opportunity ever for a financial transformation from early Spring until September.
But this is my perspective. Like I said I would hate to be the next one to cry wolf, since so many things can influence the course and timming of events, specially at a planetary level.
Let’s get this over with and put it behind us, the sooner we can do that the less hurtful it will be to Earth’s population and the faster we can establish a permanent peaceful world.