The Deep State controls the State, i.e., the government. It’s as old as history itself. But the term “Deep State” originated in Turkey, which is appropriate since it’s the heir to the totally corrupt Byzantine and Ottoman empires. And in the best Byzantine manner, our Deep State has insinuated itself throughout the fabric of what once was America. Its tendrils reach from Washington down to every part of civil society. Like a metastasized cancer, it can no longer be easily eradicated.
Operation Twist 1.0 was a stroke of pure (evil) genius by Ben Bernanke 15 years ago, and two modern day Wizards may be trying to engineer something similar today
Specific to Gold, just as it had rallied two weeks ago upon StateSide SecTreas Scott “Buy Back Bonds!” Bessent’s move to lower yields, price Friday careened back down upon FedHead Kevin “The Warrior “ Warsh in Wyoming having inferred the Federal Open Market Committee may have to vote to tighten money should inflation not recede toward the desired annualized 2% target
It’s a bull market in gold vaults. “It is not ETFs that clients want now. It is bars. It is coins.”
The legal system protecting an asset is as significant as the walls surrounding it. A secure vault cannot single-handedly determine ownership, access, taxation or the treatment of property under extraordinary powers. Those are questions of law and political authority.
Inflation starts with the Federal Reserve. Since its inception in 1913, the Fed has debased the currency by continually expanding the supply of money and credit. If the Fed were serious about “fighting inflation”, then STOP INFLATING.
Technical stock chart updates on $SILJ, $COPJ, $UCO, $NUGT, $WPM and more
Now, do I believe every dollar invested in a data center is going to pay its developers back? Absolutely not. Some of these companies are only going to get a fraction of what they invested back. But we don’t know which company at this time.
