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Re: pack10 post# 35567

Thursday, 04/20/2023 12:33:25 PM

Thursday, April 20, 2023 12:33:25 PM

Post# of 36459
Another .40 cent smash.

Seems they are doing a great job at keeping it at around 25.

https://www.bullionvault.com/silver-price-chart.do

95,000 futures contracts dumped into market yesterday:

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

As far as the dollar dying. EVERY currency in the world is devaluing. The IMF and World bank control the issuance of every currency. The keep the currencies pretty balanced in the Forex. There is NO currency that is gaining extraordinary strength. That is because the world bankers control and balance all currencies.

TINA.

This is a little old. But still relevant.

https://www.linkedin.com/pulse/dollar-tinac-alternative-country-edward-yardeni

https://www.marketwatch.com/story/the-u-s-dollar-is-under-fire-from-rival-nations-what-happens-to-markets-if-the-greenback-loses-its-world-dominance-d48ad5e6?mod=home-page

"Deutsche Bank’s Ruskin cited a long list of factors required for another currency to compete with the dollar. They included: an economy that’s open to the ebbs and flows of international trade and foreign investment, a liquid bond market that’s open to foreign participation, the acceptance of an exchange rate that’s set by the market, confidence in the rule of law, political governance and financial regulation, along with a few other factors.

It’s difficult to find another currency that satisfies all these requirements.

While describing the dollar’s status, Bannockburn’s Chandler used the acronym “TINA“ — shorthand for “there is no alternative.“

“There just aren’t any other options out there right now,“ he said."


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