Goldilocks "In the end, Gold is the Checkmate and the BRICS Nations are holding all of the cards" 7-5-2023

GoldilocksNews

Jul 5

Goldilocks and Seeds of Wisdom

RJ: Good morning Dinar Recaps,

Okay folks, I had some time to do some writing and thinking yesterday since the markets were closed.

What I am about to share with you will take a little time to read, but if you stay with it and understand it you will be glad you did.

The resources for everything that was said in this writing goes along with this story. 👇

Normally, the price of oil goes up when oil production is reduced. Saudi Arabia has been taking the brunt of this in their decision to cut oil production earlier this year, and they will be joined with Russia in August.

Yet, the price of oil has not gone up significantly. Part of the reason for this has to do with inflation continuing to go up along with the increase in interest rates.

The top oil-producing countries are Saudi Arabia, Russia, the United States, Iran, and China.

If we see more countries getting involved with an attempt to raise the price of oil through production reduction and the US continues to raise interest rates to battle inflation, this will have a significant impact on transportation issues along with employment reductions.

Do you see what is happening? We are in a Global Currency War, and it is about to heat up with Russia joining Saudi Arabia and reducing oil production in August.

It is important to note that America has currently shifted towards Canada and Latin America for oil supplies. We have yet to open our own pipelines to bring in more oil from our own resources in America.

The heavy cost in all of these strategic global moves on oil affects the people. At some point, there will be a breaking point in the overall economy as these chess moves take us closer to a checkmate.

The rise and fall of gold and oil usually go in tandem with one another, but inflation is complicating this issue.

In the end, gold is the checkmate and the BRICS Nations are holding all of the cards with their up-and-coming gold-backed trading currency coming into play next month.

While attention has gone toward the battle between Russia and Ukraine, we have been fighting a global war behind the scenes that makes that one look like child's play.

All wars lead to peace agreements, and this one is no different. In the end, the Global Currency Reset on everything will bring our countries together to sign an International Treaty Agreement that will be inked in gold.

All roads lead to gold, and gold will set us free.

But wait, this story isn't over just yet.

"Silver price manipulation dates back to 1979 to 1980 when oil baron brothers William and Nelson Hunt reportedly bought upwards of 35 million ounces of silver worth at least US$1 billion. The Hunts were buying both physical silver and silver futures and were taking physical delivery on futures contracts instead of settling for cash. Their actions ultimately sent the white metal’s price soaring to nearly US$50 per ounce, still its highest price to date.

However, their scheme ultimately ended in disaster: On March 27, 1980, they missed a margin call, and the silver price plunged to US$11 in an event forever known as “Silver Thursday.”'

Since that time, It is believed the banks have been manipulating the price of silver by shorting the market and collecting its profits.

In the event of a dollar collapse, silver is not tied to the price of the dollar like gold is, and its ability to roam to higher values has no limit.

You could say, this shiny white metal is the silver lining in our story for it's potential to create a world of abundance from the ashes of a certain global catastrophe makes this asset as good as gold.

And, this is just the beginning of the story for silver. Silver's potential to provide a good conductor metal resource for the new technological age will make it unstoppable. We will save that one to be written in stories yet to be told.

So there you have it, an oil, gold, and silver reset giving our world fundamental values in these three assets needing to be recorded on the US Debt Clock.

Once we have fundamental values for the new digital economy going forward, we will have a ground zero and a place to start inside a new world whereby the limits placed on our society at that time will only be the ones we place on ourselves.

SILVER Investing News

https://investingnews.com/daily/resource-investing/precious-metals-investing/silver-investing/silver-price-manipulation-fact-or-fantasy/

Saudi Arabia and Russia to Extend Oil Cuts

https://www.nytimes.com/2023/07/03/business/saudi-arabia-russia-oil-cuts.html

How Oil Could Influence Gold Prices in 2023

https://www.blanchardgold.com/market-news/how-oil-could-influence-gold-prices-in-2023/#:~:text=Gold%20is%20an%20example%20of,both%20assets%20share%20this%20characteristic.

What Is the Relationship Between Oil Prices and Inflation?

https://www.investopedia.com/ask/answers/06/oilpricesinflation.asp#:~:text=higher%20inflation%20tends%20to%20lead,could%20decline%20as%20a%20result.

Where Does America Get Oil? You May Be Surprised

https://www.npr.org/2012/04/11/150444802/where-does-america-get-oil-you-may-be-surprised#:~:text=But%20the%20global%20oil%20market,from%20Canada%20and%20Latin%20America.

US Energy Information Administration

https://www.eia.gov/tools/faqs/faq.php?id=709&t=6