Barclays again…..The Bank manager said in a response to me that my signature did not match the one she had on file and that was her excuse not to fulfill my order to sell my account.Well nobody signs exactly the same way twice .I said ok Ill do another written request….I took out the original letter with my signature on It,I scanned it and removed the contents except for signature ,I rewrote a new letter with new instructions with an exact copy of the original signature that I knew she had on file ..She had to accept that .Well she did ..she must still be wondering how I did that ! She knew I wasent going to let her get away with anything so she capitulated and made arrangement for me to access my money.It was funny but I was determined.
Nice pop for Sokoman Minerals today
Moriarty talked about it
http://www.321gold.com/editorials/moriarty/moriarty031221.html
Kunstler … Preview of Coming Attractions
How reassured were you by Joe Biden’s speech to the nation Thursday night? The more his managers pretend that he’s in charge of anything, the more unlikely it actually seems. So, they wound him up — Adderall would be my guess, to fortify the attention span — and rolled him out like the mummy of Amenhotep III, and one could just imagine the leaders of this-and-that foreign nation cringing (or cackling) in their seats to see this embodiment of collapsing America go through his spiritless ritual motions.
Mostly what did not fly is the idea that the Covid-19 virus can still be used as a cattle-prod for herding citizens into feedlots of compliance — Americans are buffalos, not steers. They are determined now to take care of business, and the main business of people with any initiative will be to rig up some sort of gainful occupation while the lumbering old systems break down. They will do it despite orders to operate at fifty percent capacity, or close at nine o’clock, or be handcuffed by rinky-dink regulations. They’ll have to get creative to figure out ways around all the official impediments to making a living. This group of the not-yet-undead will resist further attempts to restrict their liberty and to steal the fruits of their own enterprise to pay for other people’s failures or lack of enterprise.
more https://kunstler.com/clusterfuck-nation/previews-of-coming-attractions/
Ororeef
Why am I not that really shocked….but the bit about making u prove u owned the Silver, is a new one….that really is robbery.
The Perth mint in Australia was had up for only having paper backing for unallocated accounts, quite some time ago….
As for the Caymans well that was /is ground zero for tax dodging….I bet there were some real characters out there, it was the wild west of banking.
Barclays
I was amused the first time I entered a Barclays Bank in the Cayman Islands ,there in front of me was a sign that said cash deposits of any size will receive 1% less than other posted rates for savings CD’s etc . In effect for 1 % you could launder any amount of cash right there no questions …at that time there was 450 Banks in CAYMAN IS with a population of about 65,000 back then….Every Bank in the US had a Branch there ,and many foreign banks too ,not many were open to the public .I only knew of one ..Barclays..The US branches there were doing business not legal in the US.They had a secrecy law .Any disclosure about the existence of any account was punishable .Most natives worked in Banking ,some worked in Scuba and Hotels ..
Bonds Dropping, 10 Year Bond Yield Up, to 1.63%, Dow & Russell 2000 New High,
Who knows what the hell is going on. Are the rates going up naturally? Or are the managers inching it up manually since August, and if so, why?
10 Year Bond Rate: https://schrts.co/fvVZsJsT
Maddog @ 12:31 on March 12, 2021
Let me tell you a little about Barclays,I was a scuba diver years ago and had visited Cayman Islands many times ,I also knew some family that worked in a government job in CI. A very nice family whose daughter went to school in the US and became friends with my daughter .Back then it was legal to have a foreign bank account .It became convenient for me to have an account there because of my many trips there. Anyways I had opened an account and had them store 10,000 ounces of silver for me and I paid storage fees for that custody. Well some time later I discovered they stopped charging the storage fee,I got suspicious so I inquired with the branch manager .I asked very directly IN what form are you holding my SILVER? I suspected something wrong that I had not agreed to .She said in PAPER form and I said that was not the agreement and told her to sell it immediately .SHE said “PROVE YOU OWN IT”..I did as I kept records of all correspondence .I was shocked at their blatant attempt to steal my silver after converting it from BULLION to paper form. I was prepared to go there or and use the family contacts there to get a lawyer if needed. I proved to them I had the proof and then they agreed to sell and to make a long story short I got my money .Silver was $3 dollar an oz then,this goes back more then 30 years .Barclays did an illegal conversion and an attempt to steal my asset.So much for Barclays..
FYI: Perpetua Resources Corp., formerly Midas Gold Corp? Huh? You Guys Knew That?
Something about antimony, important metals production coming back to USA, part of reversal from the bad past.
“Perpetua Resources Corp., formerly Midas Gold Corp., is a Canada-based company that is engaged in exploring and acquiring mining properties. The Company through its wholly owned subsidiaries is focused on the exploration, site restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho.
Its Stibnite Gold Project is located in central Idaho, the United States, which lies approximately 100 miles northeast of Boise, Idaho, over 40 miles east of McCall, Idaho, and approximately 10 miles east of Yellow Pine, Idaho. The Project is an open pit gold deposits in the United States and is engaged in producing both gold and the antimony. Antimony is a federally designated critical mineral for its use in the national defense, aerospace and technology sectors.”
Mr Copper
They hate cash. they are making it harder and harder to deal in cash in any size, that wasn’t terrorism, that was just the excuse, not to deal in cash.
Saw today at my doctors when I picked up a prescription, that as of Mch 25, all payments have to be Contactless….not even Chip/Pin is good enough now.
@Maddog, re Banks, They Finance Wars Too, 75 Million died from WW II
And a friend of mine had a problem depositing $600 in cash, and they said it was about avoiding funding for terrorists. He got pissed and got a little loud, and said
“I don’t think $600 would do them much good” Probably related to homeland security act? Plus yes they are globally focused. they don’t care about any particular country, unless its a poor country, then they give it “welfare”.
The world is theirs. Until all the accumulation of error hits them in the face.
Ororeef
I worked with some of the types that run banking, I can assure u they have no morals at all, they have no concept of morality, or guilt, they only have one code, grabbing/stealing as much money as they can, as fast as they can and to hell with any collateral damage.
Their heroes are the likes of Jamie Dimon, or in the UK Bob Diamond…..Bob Diamond worked/ran Barclays Capital, he was also CEO of a Hedge Fund that Barclays sold to their deposit takers, which charged 2% and 20 %, which had Billions in it….he put 95 % of it into SM Trackers and still took the 2 and 20, plus all his other pay….he was making over £ 100 million pa…and then of course 2007 hit.
If there’s no penalties for this behavior then they can do it forever
Days after a fence surrounding a Portland, Oregon courthouse was taken down for the first time since last summer’s violent riots, protesters gathered outside the building where they smashed windows, set fires and spray-painted graffiti.
Ororeef @ 10:37
I think that all the miners are held back by the riggers. First by the rigging of the PM prices and secondly by the shorting of stocks. Eventually true market prices will be realized.
You were fair with your workers and they responded positively and that’s as it should be. Workers know when the are being exploited and it’s a whole different attitude. It’s for the best when management and workers are pulling together.
Looks like gold and silver are getting a little traction now …
I guess if we closed right here
we could call the day not too horrible.
I still have no idea why the dollar would show any strength. Because of rising rates? Seems doubtful, rising rates in other countries usually indicate rising debt which we have and a weakening currency.
ipso facto @ 8:20 on March 12, 2021
WPM is proof of controlled prices in the metals markets,it should have been tearing up the place today,the price managers werent ready for that to happen .
They must feel so guilty for their transgressions today ,and dont believe its for the greater good .Theres no way they can feel good about what they do ,all I can say is they deserve the guilt they must have . To deny someone of something they earned is a moral crime ,sooner or later they will pay.The management of WPM does a great job and other powers deny them of the recognition for their excellence .What a malevolent world we have. Im not thinking of myself, im just thinking of the employees of WPM and its management.I have employed thousands of people and never once did I ever attempt to deny anyone of recognition or pay for their efforts.
I was rewarded with loyalty and support when unions and jealous competitors tried to break my employees loyalty and take advantage . They lost ,I won..Thats how I see this current market for all the miners .It was my own government that destroyed the Garment business and gave it away so they could employ large numbers of people in exchange for entry to foreign Banking and insurance markets.Now they realize the jobs are not coming back.All those widows and immigrants that earned a good living now get handouts for their votes.
The miners and their employees seem to be on the same path.
Dollar ripping, rates ripping
I guess that means our measly gains for the week will be gone by the end of the day.
Well, nothing we haven’t seen over and over for the last decade.
Ororeef @ 19:26
Good luck. I hope that WPM keeps raising their dividends!
Making Sense
The Real Reasons Why Millions Of Americans Will Defy COVID Mandates And Vaccines
Bidens a big hero
fighting an invisible Virus ,all you got to do is punish meek minded peaceful citizens ,restrict them ,strict adherence to what they say .They are good at controlling peaceful citizens until the citizens get fed up with it.When it comes to Antifa they process words and say its mostly peaceful as buildings burn behind them glass is shattered in Federal buildings ..and anarchy rules .What the hell are people of Portland paying TAXES for ?All they get is anarchy.STOP paying your LOCAL and Real Estate TAXES you idiots until Government starts to govern properly .CUT their money off .Let BIDEN pay them for not working and rioting .How many of them are Getting a Government CHECK ? cut them off !.STOP paying TAXES …
Gold Train
PanAm Rail in autumn colors
https://railpictures.net/photo/750196/