Markets imploding! Basel III! Worldwide changes! Beautiful world incoming!
VIDEO 01/25/2022
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01/25/2022 comments below article
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OPINION ONLY - NOT FINANCIAL ADVICE
OPINION ONLY - NOT FINANCIAL ADVICE
BASEL III requirements require physical gold /silver. The paper contracts that were used as "assets" are no longer valid. Another reason the liquidation of assets is needed. Imagine if a bank held 1million paper silver contracts valued at $2.5B and that was listed as an asset, but in actuality, they only hold 200 ounces of silver in their vaults ($5000 worth). Then they need to get $2,499,999,995 of silver in their vaults quickly, but in order to do that, they have to sell their long positions.
Big difference is that there is no bailout for wall street. They can barely help each other now!
The implosion is beginning!!! Is this the beginning of the Silver Squeeze? Wall Street is going bonkers. They only put a band aid on everything to prolong the inevitable.
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Interesting at the 6:24 Minute mark...there is what looks like SAMMY!!!
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JIM CAVIEZEL AT KING'S CATHEDRAL HAWAII:
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