marsh
On TB every waking moment
ROB KIRBY - HYPERINFLATION REPORT #2 Gold
View: https://www.youtube.com/watch?v=JVUT2Jv2nXs
1:11:24 min
[Rob Kirby is a Canadian large scale precious metal broker. In the first part, he talks about the collapse of the dollar: the monetization of the debt by the FED and indications that international trade settlements are being done in BitCoin, not dollars. He also talks about the 2008 collapse. We should have had a severe recession then, but failure to address malfeasance is the direct cause of our current high inflation.
The middle part is about Canadian monetary policy and personalities.
He talks about Iran and Venezuela, blocked from the dollar SWIFT system, are now selling to China and settling in crypto. How does he know? Because he is seeing trades of 50 million at a time - huge macro capital flow. This means dollars are not needed by countries to be held in reserve as "petrodollars" to settle oil purchases. So the dollars come home to the US at a time when more and more dollars are being printed and monetized by the FED. Dollars (and associated inflation) were the US biggest export - no more. Inflation will become structural and permanent.
Dr. Skidmore's work on Social Security's investable assets shows indications of big fraud in the management by Black Rock.
He believes America will resist a gold-backed system because it has no gold. He talks about the FED dumping money in the stock money. He talks about BlackRock and Vanguard and their holdings.]
1:11:24 min
[Rob Kirby is a Canadian large scale precious metal broker. In the first part, he talks about the collapse of the dollar: the monetization of the debt by the FED and indications that international trade settlements are being done in BitCoin, not dollars. He also talks about the 2008 collapse. We should have had a severe recession then, but failure to address malfeasance is the direct cause of our current high inflation.
The middle part is about Canadian monetary policy and personalities.
He talks about Iran and Venezuela, blocked from the dollar SWIFT system, are now selling to China and settling in crypto. How does he know? Because he is seeing trades of 50 million at a time - huge macro capital flow. This means dollars are not needed by countries to be held in reserve as "petrodollars" to settle oil purchases. So the dollars come home to the US at a time when more and more dollars are being printed and monetized by the FED. Dollars (and associated inflation) were the US biggest export - no more. Inflation will become structural and permanent.
Dr. Skidmore's work on Social Security's investable assets shows indications of big fraud in the management by Black Rock.
He believes America will resist a gold-backed system because it has no gold. He talks about the FED dumping money in the stock money. He talks about BlackRock and Vanguard and their holdings.]
