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US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
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US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
http://forbiddenknowledgetv.net
Victurus Libertas
Forbidden Knowledge TV | Aug 21, 2016 | Alexandra BruceThis uploader claims to have noticed, starting two and a half months ago that the USDebtClock.org site had suddenly begun displaying what he believes to be the true value of gold and silver, in relation to the US Dollar. Experts, like James Rickards believe that gold is currently worth almost another $1,000 more per ounce than shown on that website.
The price of gold and silver are being manipulated by big banks to a very low level at this time, by institutions like Deutsche Bank, which was recently fined by an international regulatory body for doing exactly this. However, Deutsche Bank is just one of many of the biggest banks in the world engaging in this same activity (other banks have been similarly-fined).
This is being done so that the biggest players (the banks) can scoop up as much of these assets as possible, while simultaneously inflating the value of the cash which they have on deposit, as well as securing the stability of the measuring stick by which their non-monetary holdings are valued. This juggling act can only continue for so long before a ball drops, which is a cute-sounding metaphor for a global economic collapse.
By introducing gold and silver prices (and copper and iron), alongside the number of US Food Stamp recipients, etc. the uploader asks whether US Debt Clock isn't accessing information from The Powers that Shouldn't Be and may not be giving its visitors a hint about what's on the horizon?
It's hard to say but it's certainly a very interesting development - and especially encouraging to holders of precious metals. The site has been steadily adding newly-tracked metrics since it was founded around 2009 but the recent addition of gold and silver tracking is a new thing we can keep our eyes on. What is undeniably fascinating is that the gold- and silver-to-dollar ratios reflected on this site are 8 to 40 times higher (depending on the metal) than the current market rates.
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Purpleskyz- Admin
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Re: US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
Something is in the works- We'll all have to monitor what is going on..... :tup:Thankyou, Purpleskyz- Great info, and nice find!!! :yes: :tup:
Terbo56- VIP Member
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Re: US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
Not like they use any sort of real life formula ... the calculations for all of those commodity listings is M2 YOY increase/annual production. A meaningless number really that totally ignores free market realities.
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Trust but Verify --- R Reagan
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Kevind53- Super Moderator
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Re: US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
I beg to differ with this information because the current price is based on the Fiat Dollar. Once Our currency goes to the gold back system those prices will drop dramatically and anyone investing in gold right now would see their investment fall like a stone. JMO but you really need to consider this possibility unless of course you are not concerned about such matters. People like me will be waiting to purchase your deflated gold at that time. Is this a popular opinion? Maybe not but do you really want to take a chance???
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Just4Tom74
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Just4Tom74
Just4Tom74- VIP Member
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Re: US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
Well that would be IF we go back to a gold backed currency. We won't, for a lot of reasons. It's too cumbersome and gold as well as other precious metals are a commodity. It's value rises and falls moment to moment. You will continue to see currencies based upon the full faith and credit of the governments.
Before someone brings it up, no, the Basel agreement has nothing to do with it. It does not mandate any sort of asset based currency. In fact, it does not mandate anything at all. The standards set forth in the various agreements are strictly voluntary. Countries may choose to apply them to their commercial banks in whole, in part or not at all.
Before someone brings it up, no, the Basel agreement has nothing to do with it. It does not mandate any sort of asset based currency. In fact, it does not mandate anything at all. The standards set forth in the various agreements are strictly voluntary. Countries may choose to apply them to their commercial banks in whole, in part or not at all.
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Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Re: US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
Looks like I may have to back and reread the Basel before disagree with you. May be just my interpretation......Hmmm
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Just4Tom74
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Just4Tom74
Just4Tom74- VIP Member
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Re: US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
BASEL III especially but BASEL regulations in general set rules for how banks count their assets. Gold interestingly is discounted 50% because of it's volatility. Compliance is completely voluntary from country to country.
In the US, the Fed set rules that are slightly more stringent for large nationally chartered banks, a little less stringent for the smaller ones, and completely optional for state chartered banks.
In the US, the Fed set rules that are slightly more stringent for large nationally chartered banks, a little less stringent for the smaller ones, and completely optional for state chartered banks.
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Re: US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
What Basil III states may be overruled by Basil IV or other changes before anything happens no sense getting upset over something this fluid.
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Just4Tom74
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Just4Tom74
Just4Tom74- VIP Member
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Re: US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
It won't. BASEL IV will just be more of the same. There is a good article on BASEL IV here: http://www.americanbanker.com/news/law-regulation/ready-or-not-here-comes-basel-iv-1071503-1.html
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Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Re: US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
Oh really? Sorry, but I don't have your confidence in predicting future legislation.
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Just4Tom74
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Just4Tom74
Just4Tom74- VIP Member
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Re: US Debt Clock Mysteriously Starts Showing REAL Value of Gold and Silver
Hey, Tom, it's okay, this is now old news- The 'gold' numbers and 'silver' hands just fell off of my kitchen clock........ I hope that doesn't mean the prices of these commodities dropped....
Terbo56- VIP Member
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