SD Bullion

What is This Billionaire‘s 2021 Gold Bet?


Listen Later

John Paulson, a multi-fiat Fed note billionaire Wall Street trading legend, was interviewed on August 12th, 2021, and Bloomberg Wealth published these video clips this past week. 
This famed, often highly leveraged derivative, a trader who helped his firm and investors net over $20 billion on a trade shorting the 2007/2008 housing market credit bust, had additional sharp insights on the parabolic future price climb for gold.
The close to this week's silver and gold derivative trading hours ended on a positive note for bullion bulls. A massive near 500,000 jobs bolstered both respective silver spot price and gold spot prices in August 2021.
The gold-silver ratio also fell firmly on the news, showing signs that derivative traders were seeking alpha by placing down additional silver derivative long bets. 
Sideways spot price consolidations can wear people's excitement and patience out. But this last year to time for silver bulls like myself and the extended base we have been building signals tremendous upside energy likely ahead.
And with fiat creationist cartels en route to doubling their ballooning balance sheets within the last two years, well, a reckoning in store of value confidence is what I continue actively betting on and saving against.
This week we have some exciting news from various important gold stacking and even increasing commodity-price-discovering nations on the other side of the world.
We'll begin with news out of China.
Note the mentioning of shipping futures contracts and the massive escalating price squeeze ongoing for goods from China to the USA since the pandemic. 
Much of these shipping price escalations have and will likely continue to be passed off to consumers with higher prices for goods coming out of China.
Also, China is still the world's largest consumer of commodities, and it's not close in terms of the second-largest market buying most things critical for a quality modern lifestyle. 
Pretty easy to guess that China wants to wrestle much commodity price discovery influence away from futures markets like the US-based COMEX and NYMEX to have her longer-term agenda more easily appeased. 
Of course, Russia likely knows well the International Monetary Fund's Special Drawing Rights history.
The SDR began in 1968 as a supposed gold-backed freely convertible supra-central banknote only to morph into year another complete fiat currency contrivance.
The SDR fiat currency unit inputs basket has lost over 97% of its value to gold bullion. And the Russian Federation likely agrees that the SDR devaluation vs. bullion trend is not changing anytime soon.
Gold market analysts Daniel March and Krishan Gopaul were quick to cite massive gold demand out of India for this past month of August 2021. 
Remember how last week we mentioned Germany had almost imported 100 metric tonnes of gold in the first half of 2021?
Well, India did that and more in August alone. India’s most significant gold bullion buying nation f India is getting back on track, and it appears she is well open to importing 1,000 metric tonnes for the year. 
This week Market Watch had an exciting story citing estimates that an additional 20% of undocumented smuggled gold moves into India annually — stashed inside wigs, jeans, shoes, and other body cavity regions.
The reason for this at a large scale is the arbitrage of possibly avoiding the 7.5% duty and tax slapped onto both gold and silver bullion bar imports into India. A country that is preparing to launch trial programs for its fiat CBDC rupee late this year 2021.
The Indian banking system is notorious for being insolvent and not writing down bad loans and debts, so moving to a fiat CBDC grid and killing cash is likely a high priority for the financial powers. 
Finally, to close, I will leave a link to an interview I did yesterday with Tom from Palisades Radio.
https://youtu.be/QHKOirpEkqc
 
In the interview, I go over a bit of what I am about to tell you. My recent less than 24
...more
View all episodesView all episodes
Download on the App Store

SD BullionBy SD Bullion

  • 5
  • 5
  • 5
  • 5
  • 5

5

16 ratings


More shows like SD Bullion

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

229,762 Listeners

The Peter Schiff Show Podcast by Peter Schiff

The Peter Schiff Show Podcast

5,711 Listeners

Money Metals' Weekly Market Wrap Podcast by Money Metals Exchange

Money Metals' Weekly Market Wrap Podcast

140 Listeners

Sprott Money News by Sprott Money

Sprott Money News

151 Listeners

Quite Frankly by Quite Frankly

Quite Frankly

1,618 Listeners

Quoth the Raven by Quoth the Raven

Quoth the Raven

949 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

268 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,031 Listeners

Macroaggressions by Charlie Robinson

Macroaggressions

1,835 Listeners

Arcadia Economics by Arcadia Economics

Arcadia Economics

60 Listeners

Doug Casey's Take by Matthew Smith

Doug Casey's Take

134 Listeners

ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

ITM Trading Podcast

77 Listeners

The Jay Martin Show by Jay Martin

The Jay Martin Show

69 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

422 Listeners

Gold & Silver Central by David & Richard

Gold & Silver Central

3 Listeners