The central banks KNOW and have KNOWN that the only way out is through confiscating assets. Either by stealing directly through bank accounts, pensions and the like OR through inflation and devaluing currencies…which is WHY they are shaking the Golden trees so hard right now.
They know “what” is coming because THEY are going (and have been doing) to do it. They know that they must clean as many Gold and Silver assets up and off of the streets as they can…NOW and get them out of the hands of the people. “Time” is running out!
They’ve bought some time…
…but that’s about all and probably not much. Stock markets at highs, precious metals under pressure and bond yields down, what more could you want to “show” that all is well across the land? Well, a couple of “humorous” pieces of news have surfaced beyond what we knew yesterday as to upcoming events that will best be viewed with a bowl of popcorn by your side. It turns out that Spain funded their own debt market the second half of last year by stuffing their equivalent of Social Security with their own sovereign debt. The pension now consists 97% of Spanish sovereign debt. SHOCKING until you look at our own plan which is basically 100% US Treasuries and Agencies…what could possibly go wrong here?