Strap In: It's Going to get Wild

Time of writing 10:00 Thailand, six hours prior to the markets opening in the UK and eleven hours before the markets open in the US. I say this as by the time you read this newsletter things could have changed dramatically. These are the crazy times we are living in. On Friday we witnessed the biggest liquidation event in the history of the metals market. It was pure manipulation by the banks in a co-ordinated attempt to exit their short positions and limit their losses. If the market had gone the other way then the COMEX market circuit breakers would have come into affect as they should if the metals markets increase or decrease by more than ten dollars in a short period of time. This is to cool the market down before re-starting. Funnily enough this did not come into affect as silver prices crashed by over $40 on Friday afternoon. Now there is a huge discrepancy in the price of silver in the west and the price in Shanghai and Mumbai. This is how we know it was a co-ordinated crash by the global central banking cartel. This is not the “free market” in action. The banks know they have to get out of their shorts as there is not enough physical silver to cover their positions. The game is up. The crash was their last move. Pure manipulation and actually illegal but they don’t care as history shows they are happy to pay the fines which are just a fraction of their huge profits. So, as the markets closed for the weekend we wait to see what will happen when they open on Monday. It is very likely that some of the “too large to fail” banks are insolvent. It is also possible that the CME (the futures exchange) and the COMEX (the metals exchange) will close blaming a force majeure.

The simple fact is that gold and silver will continue to increase in price. This is not only due to the rules of supply and demand but fundamentally due to the fact fiat currencies are failing. Gold and silver are real money and real money is a store of value which gold has been for thousands of years and silver would have been if it were not for the silver riggers manipulating it’s price to artificial lows. In contrast fiat currency is paper currency (not real money) and is backed by nothing other than our trust in the government and the system and how is your trust in the government and the system doing? Every single fiat currency in history has gone to zero. Governments - going back to the ancient Greeks and Romans - can not resist inflating the supply of currency. They used to do it by reducing the amount of gold, silver and copper they minted in the coins. Today they just turn on the money printer or press some buttons when quantative easing. It all ends the same way. Inflation (the hidden tax) eradicates our purchasing power and eventually the system brakes and there is a reset. This is where we’re at now.

What else…? Oh yes, the release of millions of pages of the Epstein files which include an email from Austin Hill to Jeffrey Epstein in 2014 saying that XRP and XLM are a threat to the crypto ecosystem they are building (bitcoin and ethereum). This is wher eit gets more interesting as Jeffrey Epstein invested in MIT - the famous technology college in the US - where Gary Gensler was the professor of cryptocurrencies program. Yes, the same Gary Gensler who worked for Hilary Clinton and went onto be the chair of the SEC who sued Ripple for five years. See how they conspired to take down Ripple and XRP? Us conspiracy theorists knew all of this as we’d connected the dots years ago but it looks like it’s coming out now in the mainstream. The question is where does this leave bitcoin now there appears to be evidence of links between Jeffrey Epstein and bitcoin?

So, be prepared for chaos in the markets, as we are seeing with the crypto crash. Just know that XRP was designed to be the solution to the next liquidity crisis and we are one black swan event away from that happening. When it does XRP will be rolled out. While we wait for the Clarity Act to be passed XRP is the only digital asset with legal clarity. Keep your eye on oil and Japan as this is likely the catalyst. When all is said and done 99% of cryptos will disappear. Gold and silver and look like they will be used to back the currency in the new system and XRP and XLM will be the neutral bridge currency that will settle all the money. A gold backed system will keep government spending in check and digital assets together with AI will bring new, much needed, opportunity and prosperity to the people.