Another Ugly Auction: Treasury Sells $34BN in 5Y Paper With Big Tail, Lowest Bid To Cover Since 2009
On this COMEX options expiration day – and last day of this week’s “COT Report cycle,” whose result will be published Friday afternoon – my guess is the “commercials” were yet again unsuccessful in covering their shorts. Which likely, will push them a giant step further toward their inevitable, spectacular demise. To wit, yesterday’s sharp key reversal, from the prototypical, blatantly orchestrated “Sunday Night Sentiment”; “2:15 AM”; and 8:20 AM COMEX open smashes, resulting in silver prices being higher as I write, than they were Friday afternoon.
The Cartel – er, “commercials” – had a window of minutes to cover their shorts before yesterday’s “surprise” silver surge. And in my view, as was the case following May’s “FOMC Minutes Attack,” it was that very attempt to cover shorts that caused prices to surge, and yet again foil their manipulative plans.
Noted Economist and author Richard Duncan joined us for an in depth discussion of the continuing economic malaise. Richard reviews the causes of the collapse and what governments and central banks have done to try and arrest the decline. He believes the whatever it takes mentality will continue on and that no politician or banker will risk a prolonged depression or collapse. Therefore, look for more of the same only worse, as the alternative is even more frightening. There’s a special offer for FSN community members for Richard’s Macro Watch service. Go to RichardDuncanEconomics.com and use the code: survival.
Click HERE to Listen
In this video, Mike talks about the sickness infecting our monetary system. You’ll see that as this disease worsens, it’s the everyday person who will pay the biggest price.
There was a huge trend change in U.S. gold investment in May. Something quite extraordinary took place which hasn’t happened for several decades. While Switzerland has been a major source of U.S. gold exports for many years, the tables turned in May as the Swiss exported a record amount of gold to the United States.
How much gold? A lot. The Swiss exported 50 times more gold in May than their monthly average (0.4 mt) since 2015:
As we can see, the Swiss gold exports to the United States are normally less than 0.5 metric ton a month. And for many months there weren’t any gold exports. However, something big changed in May as Swiss gold exports surged to 20.7 mt (665.500 oz).
It sounds like something out of a Cold War era movie. Boxes of medical supplies stacked high in government warehouses to help citizens in the event of a public health emergency.
However, this huge stockpile is very real. It is called the Strategic National Stockpile, and according to the CDC website, “Once Federal and local authorities agree that the SNS is needed, medicines will be delivered to any state in the U.S. in time for them to be effective. Each state has plans to receive and distribute SNS medicine and medical supplies to local communities as quickly as possible.”
For security reasons, the location and the number of warehouses that comprise the SNS are classified information – as is much of what is in them. “If everybody knows exactly what we have, then you know exactly what you can do to us that we can’t fix,” Greg Burel, director of the program told National Public Radio in a recent interview. “And we just don’t want that to happen.”
People who don’t trust government, those who think on their own and tend to question what they hear, by now are all becoming experts at identifying false flag staged events. With so many recent staged psyop events in the news lately many of us are getting a lot of practice at this. But have you considered that the script has become more complex than you think? Have you considered that you (we) are being fooled in some way as we speak? Have you taken into account that the events happening today are all happening in a post-Jade Helm revelation AI era? Today’s events are happening in a very sophisticated world of unimaginably deep levels of political corruption actively at work and deeply focused on removing all of our rights and freedoms and cementing their new global order. This complex and deep reality alone is something many people refuse to face; and without facing this you’ll never be able to peel and dig deeper into the deep state’s structure, mind and mechanisms that are behind these chaotic staged psyop false flag events.