Are we in the beginnings of a Doom Loop?

bambino's Avatar
Watch what happens Tuesday morning when the COMEX opens.
bambino's Avatar
BlackRock CEO Larry Fink says:

"Interest on the US debt is ultimately what's predicted to destroy the US economy. That debt payments will eventually grow out of control, and the dollar will be abandoned because it essentially turns into monopoly money. A fair amount of folks believe the US debt is already out of control, which is why they're swapping to actual long-term assets like precious metals, nuclear goods, or refinement."
bambino's Avatar
Ladies and Gentlemens, Silver is now officially in a parabola move a dire warning that a severe drawdown in equities is nearing .

Silver is currently 35% above its upper Bollinger band on the monthly and the RSI sits at near 1980 level highs.

To conclude, we are at unprecedented levels ...where unprecedented drawdowns follow ...when the music stops.

God bless and godspeed.
bambino's Avatar
A FORMER WORLD BANK PRESIDENT IS SOUNDING THE ALARM ��

HE SAYS THE FEDERAL RESERVE IS NOW SITTING ON OVER $1 TRILLION IN LOSSES — AND CLIMBING, EFFECTIVELY OPERATING LIKE A MASSIVE HEDGE FUND THAT SERVES THE RICH AND POWERFUL.

ACCORDING TO HIS WARNING, THE FED IS BORROWING FROM BANKS AT AROUND 5.4%, THEN CHANNELING THAT MONEY INTO GOVERNMENT BONDS, CREATING THE ILLUSION THAT PUBLIC FINANCES ARE FAR STRONGER THAN THEY REALLY ARE.

EVEN MORE CONCERNING:
THIS IS NOT JUST A U.S. ISSUE — HE WARNS THE SAME STRATEGY IS BEING USED BY CENTRAL BANKS AROUND THE WORLD.

https://x.com/mrcrypto3706/status/20...242608430?s=42
bambino's Avatar
For anyone keeping track:

It took gold over 5,600 years to hit $1,000/oz for the first time, in 2008, amid the worst financial crisis in US history.

Meanwhile, gold prices just rose +$1,000/oz in 28 days.

But don't worry, fiat currencies are completely fine.
bambino's Avatar
The dollar is no longer a safe haven.

Treasury bonds are no longer a safe haven.

Bitcoin was never a safe haven.

Gold and silver have reclaimed their historical role as the safe havens of choice.
bambino's Avatar
WARREN BUFFET IS GETTING OUT

If you own any amount of USD, you need to watch this.

Warren Buffett clearly states that he doesn’t want to hold assets in a currency that is going to hell.

He explains that this is exactly what worries him about the dollar.

He concludes by saying: “The natural course of a government is to make its currency less and less valuable over time.”

This applies to the USD, the EUR, the CNY, every currency.

Like it or not, we’re living through a monetary reset that could last for years.

For now, he’s sitting on a record amount of cash, which makes it ironic.

I’ll keep watching his every move, and I’ll keep you all updated.

Btw, I’ve called every market top and bottom of the last 10 years, and when I make a new move I’ll say it here publicly.

Many people will wish they followed me sooner.

https://x.com/nolimitgains/status/20...029038648?s=42
HDGristle's Avatar
He's 95 and actually preparing for end of life and directing most of his funds to philanthropic endeavors to be managed by his adult children.
bambino's Avatar
He's 95 and actually preparing for end of life and directing most of his funds to philanthropic endeavors to be managed by his adult children. Originally Posted by HDGristle
No shit. His wisdom is still relevant to this thread. Not your post.
bambino's Avatar
GOLD IS CRASHING
SILVER IS CRASHING
DOLLAR IS CRASHING
BITCOIN IS CRASHING
STOCK MARKET IS CRASHING
REAL ESTATE IS CRASHING

If everything is crashing, where the fuck is the money even going?
bambino's Avatar
Silver and gold received big paper smashes yesterday and last night. Over the decades the LBMA and COMEX have proven that they are incapable of running a free and fair market. The past 24 hours are merely a continuation of those 'practices.'

So, I think it's a shame when financial markets ruin themselves, because they are vital to living in a prosperous country and times.

But it's worse than shenanigans with the PMs. The same games have led to copper being badly underpriced and we're due for a mega shortage there too.

Stocks? Also heavily manipulated, by which I mean their prices are set rather than discovered. Oh, and we really have no idea how much naked shorting goes on there either, thanks to gross regulatory failures.

But are they? What if the plan all along has been to wreck the smaller PM dealers by throwing unsurvivable volatility at them? What if the plan is to set the larger financial markets up for the sort of failure that triggers The Great Taking?

What if the plan, all along, was the concentration of everything into the hands of the few?

"You'll own nothing (and be happy)."

Did you ever wonder exactly how that was going to come about? Well, wonder no more, you are witnessing it unfold in real time in these entirely fake, contrived, rigged and fraudulent ""markets.""

Well, guess what? Reality is coming at us fast, and real things now have options. China has become the place where true silver physical price discovery is being set, and that means the entirely fraudulent US/London paper markets are becoming irrelevant, quickly.

The massive gap between the paper price (NY) and the physical price (China) tells all. Such a thing cannot persist in a real, not fake, market.

Hang on. We're in the 'death throes' phase of a wildly mismanaged debt-based fiat money regime.
HDGristle's Avatar
No shit. His wisdom is still relevant to this thread. Not your post. Originally Posted by bambino
Relevant for reading his current moves, which we know you've misread in regards to the doom loop
bambino's Avatar
Relevant for reading his current moves, which we know you've misread in regards to the doom loop Originally Posted by HDGristle
Not really. We live under a corrupt, monetary, banking and financial system. It’s doomed to fail. It’s just a matter of time. Not your phony 2 week timeline. We don’t have free markets. We haven’t since Greenspan created the computer programs creating derivatives. That was his true genius. But time is running out for this system. Buffet labeled derivatives as the the weapon of mass financial destruction. Yeah, pretty much everything got smashed in the West today. All fake paper moves. Silver closed at $84. A derivative price in the West. It’s $126 in Shanghai, which is a physical market, not paper. I know this is above your head. Just sit there and watch. Then get crushed.

BTW, Buffets dad was a staunch advocate of the Gold standard. Do one of your famous google searches.
bambino's Avatar
Slamming the silver price before Force Majeure lowers the cost of cash settlement.

They still make money on the shorts they were underwater on, and they keep all the silver before letting price discovery occur.

We’re at the end of the road. Hold on tight.
bambino's Avatar
BLACK SWAN CONFIRMED

Gold and Silver record largest drop in history.

Over $15T was liquidated in less the 24 hours.

This was not organic selling, this was coordinated manipulation.

The money was stolen… everyone knows where it went but they’re too afraid to say it.