Jim’s Daily Rant. Treasury To Steal The Fed’s Bacon? Is Karma Male or Female?

This is just speculation:

It is a conversation on a Prepper’s Chat Forum yesterday.

Angie Said:    

I actually saw that video by Economic Ninja even though I don't normally watch a whole lot of his content. The comments below on that video were pretty negative for him, which I don't think he is used to. That's probably why he took it down. Some of the comments had an issue with the fact that EJ is selling his classes on his podcasts, while 'fake' asian guy is not selling anything. I also find asian guy much more detailed than EJ. With everything online, I take everything with a grain of salt. I take it all in and then decide what I will believe based on what I see going on around me.

Angie Said:

Jim Earlier said: "This thread is titled The Big Short. Recall from the Movie the real fear was collecting on their contracts from the near bankrupt banks. That original movie is continuing now.Great work Angie! I am learning from you. Thanks."

There certainly are a lot of similarities between the the 2 scenarios. All of it goes back to 'paper'. The fraud starts when 'paper' is attached a value when the only way that really stands is through psychology.....just like our dollars. It's basically a document based on trust. Well, the trust is fading quickly.....if not already gone. Once the silver paper is gone (and when everyone knows it happened) our dollars will likely be next. I think that's what the physical silver buyers see coming.I'm not sure what I'm teaching. LOL! I'm just tossing out my thoughts on things and I appreciate the back and forth on this thread. It's all very interesting to me.

Selling your silver or gold right now in any meaningful quantity is difficult because the publicly available dealers are small time in cash reserves.

I'm not so sure that it true. I guess it depends of what you consider "meaningful quantity".I could take all my PM's to the place I bought them from and with the demand as high as it is right now, I highly doubt I would have any trouble selling them back.

I really don't know that for 100% sure b/c I'm not selling right now, even though there is a buy back option on my coins. Many of the coins that I have are now out of stock. Many silver sellers right now are short on product. They can't make money unless they buy and sell, so I don't think they'd have any problem buying b/c if they sell out, they no longer have a business.

From what I'm seeing, most silver stackers are holding.Most of the time when I see a huge push for something, I usually head the other way. I think right now there is a push toward buying physical silver. That makes me hesitant. However, I can see many reasons why it makes sense to have physical silver.I thought Rick Harrison's comments were interesting.

If he's correct, there are no silver mines. If that is indeed true, then that's just another reason to buy or hold physical silver.

Jim Said:

Angie: We are all learning here.I am having to draft a new type of contract to cover hypothecating silver for the rocket ride. It too is almost like pulling a Rabbit out your ass. May take a while.

Angie said:

I wonder if this whole silver-mania right now is some sort of misdirection?Don't get me wrong, I like silver A LOT! And, even though the price is much higher than it has been, you can still find it and buy it. Silver eagles and other coins and bars are available on many sites for purchase.

But.....has anyone tried to find copper right now?

I just went to a few of the popular PM sites and I can't find any 1 ounce or higher copper coins or bars anywhere b/c it seems like it's all sold out. Years ago I bought copper bars and a few months ago I bought some copper 1 oz coins.

The only thing I can find today are old copper pennies for sale and nothing larger. Copper PM's are scarce right now but I haven't heard anyone mention this anywhere. That seems kinda strange to me.

Jim Said:

Angie, I feel our conversation is creating newness in the universe; novelty.

What we are seeing is Trump, China and Russia are probably acting in concert to use Silver and Gold to take down the ancient Deep State and Banksters, setting humanity free. As the gold and silver increase in value, countries can use their sovereign wealth to pay off the debt to the collapsing fiat currency system banks.

The precious metals are becoming more valuable than the paper currency notes.

When the precious Silver and gold become equal in value, say at $10,000 per ounce, the government has the contractual right to pull gold and silver from the Fed Reserve banks into the Treasury on demand. This is the shot being set up now.

Then the banks will default on all the Paper Metals they must redeem with real physical inventory that the Treasury is about to call in. The treasury can bankrupt the entire financial futures con they have created, at any time they choose.

Then all world governments set the same prices for gold and silver at a high equivalent rate and bankrupt the Banksters.

That is what is going on here. We are part of novelty, what the universe is always seeking. The people that wish to be free of their horrible slavery system are about to be accommodated by Universe.I hope this is correct.

Jim Added:

PS. I know the Treasury can call for all gold ( I believe it is now Tier 1 Money).

I am not sure about Silver, bu it could be directed to be.But even just the gold would ruin the Federal Reserve.What I failed to say above is if the Treasury demands Gold, it gives the Fed Reserve a special Treasury Bill (IOU), you guessed it, payable in Federal Note Dollars that are collapsing so fast that a lot of wheelbarrows will be needed to pay of the debt.

So what I am saying is the Fed will give up its gold and forced to take their worthless Notes back for it.

Boys and girls, can you say "Karma"?