Anonymous ID: c2d6e3 June 10, 2020, 10:12 p.m. No.9570602   🗄️.is 🔗kun   >>0646

Gold will destroy the fed.

 

In sept 2019, the Saudi oil processing plant was hit by Iranian missiles from the north west is what the media told us. Look at a map. The missiles did not come from

Iran. More likely Yemen or Israel.

 

Over the next two weeks the price of oil would blowout over 20% and return to flat. Who was closing shorts and continuing to drive the price higher? BANKS. Multiple banks let investors with $50B+ in capital lever up over 10X.

 

Bank loans you $500B plus your $50B = $550B. Now a 10% loss means you close your positions and the bank is close to whole. At 20% you’re wiped out and the bank loses $60B. THIS IS WHAT HAPPENED.

 

The shot heard around the world was the derivative bomb going off. Even the banks that were prudent and didn’t let energy futures traders lever 10X were hit by the shrapnel because they have foolishly loaned money or guaranteed derivatives on their behalf to those bad betting banks.

 

The overnight interbank lending rate shot to 10%. In steps the fed to the toon of $100B’s. Fast forward to oil bomb # two, banks forced to liquidate their customers positions at negative rates. More derivatives now upside down. Major banks fail to deliver physical gold to settle contracts. Fed pumps$T’sinto the banks to keep the weakest links from collapsing the entire system.

 

I guess there are 2 more booms to break the fed. Look for major 25%+ moves in energy, PMs, equities or AG futures is my prediction.

 

Banks don’t participate in the 25% up move their leveraged traders make, they get their agreed interest rates, but when it goes down 25%, they participate in the losses.

 

Who owns the Fed? These banks that are getting clobbered on loan losses. POTUS said “they got caught”

 

The$T’sthe fed has just printed gives us an idea of the losses the already cash strapped cabal has endured. We are winning.