Nick Ward of Gold Bullion Partners in London reported that the Bank of China is currently dumping trillions and trillions into the market, the biggest money printing event in history. China’s M2 money supply is now over 48 trillion [M2 money is money that can be accessed easily and quickly]. That is more than double the entire US M2 money supply.
China is buying commodities and assets, trading their paper money for real things such as gold, silver, copper, etc. Meanwhile, western banks are are reportedly sitting on massive silver short positions – an estimated 4.4 billion ounces short. What happens to them when the price goes up?
Ward said that the global mine supply every year is about 800 million ounces, and that means these banks are shorting about 550% of the world’s annual silver production.
Also, 4700 contracts were standing for delivery in January on COMEX – each contract represents 5,000 ounces of physical silver, about 23 and a half million ounces, all demanded in in the first 3 days of the month when people expect it to be quiet.
Janet Yellen shocked the banking world when she said that America's “needed belt tightening is significant—larger than in most programs supported by the International Monetary Fund."
Yes, even larger than the bankrupt nations now beholden to the IMF, which demands a kind of austerity Americans might not survive. Examples:
By 2010, Greek debt had spiraled to 130% of GDP and climbing. No one was willing to lend them money anymore... forcing the IMF to swoop in with a "rescue" package that came with brutal strings attached.
Pensions were slashed by 40%. Public sector wages were frozen, then cut. Over 150,000 government workers were laid off. State assets—airports, ports, utilities—were sold off at fire-sale prices to foreign investors.
Greece's economy contracted by 25%. Youth unemployment hit 60%. An entire generation was hollowed out.
Argentina has been through the IMF wringer multiple times; in fact in in 2018, Argentina received the largest bailout in IMF history: $57 billion....
Martyn Lloyd-Jones declared, “Whenever you put happiness before righteousness, you will be doomed to misery. That is the great message of the Bible from beginning to end. They alone are truly happy who are seeking to be righteous.”
Attention antifa and transtifa and insurrectionists who hate ICE:
Nearly every state has specific statutes that criminalize willfully interrupting or disturbing a religious assembly or worship service. These laws protect the right of people to gather and practice their religion without intentional interference.
Let the Minneapolis arrests begin.