Loading ...You are absolutely right; they will attempt to attract fiat settlement whenever possible. The problem they have is people see the end of the present monetary system is near and they are standing for physical delivery in record numbers. And while the money printers have refortified their physical supply of silver (and gold) on Comex (at the expense of London – which will matter very soon – they are already in technical delivery default), bringing in some 100 million ounces recently, note half of this was taken out on the first notice day – this past Friday.
At this rate, and unless the money printers can replenish their reserves further, one can calculate a default will need to be formalized in the foreseeable future, possibly in just weeks, but more likely months (but this year).
This is why they are accelerating their push towards the digitization of everything, because they are losing control of the situation at an accelerating rate now, raising the specter of a crash in the ‘currency world’, and an awakening of a stupefied populace.
I’m with Dane Wigington – get your pitchforks out.
And don’t be fooled by Trump.
He was installed by the money printers to bring in the mark of the beast.
It’s coming soon if we don’t act to stop it.
Mornin all