The Financial System Has Failed: Currency Debasement and Inflation Will Now Scream, by Gary Barnett

You might want to add to your stock of precious metals. From Gary D. Barnett at garydbarnett.substack.com:

“Every dollar they saved was worth less with every financial crisis, while the government just printed more money to preserve the stock markets, the financial status of the elites, and the banks who served them.”

~ Kenneth Eade, An Evil Trade

Well, it is a new year, and much more manipulation is happening in the paper silver contracts, as regulators under the idiotic banner of “market stability” have raised margin requirements and position limits twice in a few days. This is of course, all done to protect the institutional short sellers, mainly the banks, as they face great losses when silver or other commodities rise against their shorts. Also, this is a way to hold down the price of precious metals, especially silver, in order to cover up the inevitable collapse of the dollar. Given that most banks are on the verge of bankruptcy, and that the dollar is going down the drain, these criminal interferences in the markets simply attempt to push down the road the inevitable financial and monetary failure.

While I do not want to get very technical in this space, it is important to understand some basic things about what is currently happening. In the past few days, metal margin requirements have been raised aggressively in order to bail out the banks; which not only profits them greatly, making them billions of dollars, but allows them to cover the derivative (paper)bets that would bankrupt them. While valuable metal margin requirements were being increased some, silver margins went up 30%. Obviously, this was aimed at silver first. But there is more, as the Federal Reserve yesterday, December 31st, had to inject $74.6 billion into the banking system in one day, made up of $31.5 billion in treasuries, and $43.1 billion in mortgage backed securities. This was the fourth business day consecutively that the Fed had injected liquidity into the banking system; totaling over $120 billion in the four day period. All of this coincides with the increased margin requirements, so is this a signal of panic? Of course it is.

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One response to “The Financial System Has Failed: Currency Debasement and Inflation Will Now Scream, by Gary Barnett”

  1. I love the Carlin rant about your stupid f’in economy.
    Shekels only work in this realm.

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