PETTER SCHIFF ~~~~Fighting To Save His Puerto Rico
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Posted On: 07/09/2022 7:24:20 AM
Re: energy_wave #86784
PETTER SCHIFF ~~~~Fighting To Save His Puerto Rico-Based Bank After Regulators Shut It Down
Peter Schiff Is Desperately Fighting To Save His Puerto Rico-Based Bank ...
Regulators say it has been warning the bank since 2021 that it was in “crass noncompliance with the minimum cap...
Going into the weekend flat (monkey hammers down).
Paper gold down $100 in a week....getting hammered by the "crew" I'm expecting paper silver to go down to the $15.00 range by the end of next week to make the greenback shine. It means gold may go below $1,700. Unfortunately even lower from there until a year 18 months from now (or sooner if the FED capitulates and starts printing before the election).
Personally, I think they won't....I think they are determined to save the dollar system in the face of Vlad's blatant challenge to the Empire. (All according to the script of course)...
If I am right and they don't reflate....gold will come back 1-2 years into the depression after the weak hands have sold off, and the horrendously poor return on investment in the depression means that gold earning zero ain't really all that bad. But the new high interest environment forced by Quantitative Tightening will temporarily make gold look like a poor investment...
Peter Schiff Is Desperately Fighting To Save His Puerto Rico-Based Bank ...
Regulators say it has been warning the bank since 2021 that it was in “crass noncompliance with the minimum cap...
Going into the weekend flat (monkey hammers down).
Paper gold down $100 in a week....getting hammered by the "crew" I'm expecting paper silver to go down to the $15.00 range by the end of next week to make the greenback shine. It means gold may go below $1,700. Unfortunately even lower from there until a year 18 months from now (or sooner if the FED capitulates and starts printing before the election).
Personally, I think they won't....I think they are determined to save the dollar system in the face of Vlad's blatant challenge to the Empire. (All according to the script of course)...
If I am right and they don't reflate....gold will come back 1-2 years into the depression after the weak hands have sold off, and the horrendously poor return on investment in the depression means that gold earning zero ain't really all that bad. But the new high interest environment forced by Quantitative Tightening will temporarily make gold look like a poor investment...
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