Hear me now, what the wealthy and powerful know: "real value does not have to always be stated or converted thruout time." Monetary Eschatologist

Joined April 2020
36:00 'I was in a country in the Middle East, and also in Europe, and someone said we took our gold out of the vault in NYC...I don't want to leave my gold in America'. youtube.com/watch?v=UkvigLsQ…
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Late plastic age collapse.
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Icraus is down, and the GOR is 34.
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Are we finally going to crash this thing? I'm serious.
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۱۳:۲۲/ اول آبان انهدام سامانه‌‌های ناوبری متخلفین و اصابت و انهدام ۴ نفتکش در ۲۴ ساعت اخیر، عامل اصلی توقف کامل تردد کشتی های متخلف در تنگه هرمز بوده است.
۱۱:۵۴/ اول آبان تردد شناورهای متخلف در تنگه هرمز تقریبا به طور کامل متوقف شده است.
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mrwebber retweeted
Replying to @CFitzcarraldo
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If the global oil market is fragmenting, so is the global gold market.
COLUMN: With freight rates ballooning to prohibitively expensive levels, the global physical oil market is breaking apart. Now, it’s all about location, location, location: depending of where, crude today costs $70 a barrel — or $150 a barrel. @Opinion bloomberg.com/opinion/articl…
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In June 2025 SGE opened its HK gold delivery vault to foreigners for yuan denominated gold warrant settlement. In October Iran reported large increase in gold reserves. In Feb 2026 US attacked Iran to stop it selling oil.
37%? Grok estimated 200 -300 tons prior reserves. Gold for oil trade showing up?
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What do you think the GOR was for a brief time? How many months would it have taken to put paper gold out of business? Remember, LBMA gold had fled to the US starting in early 2025.
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The US is a gas station with nuclear weapons.
JUST IN: Qatar signs a historic deal to import 4 million tons of American LNG annually through 2054.
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Reverse PetroUSD is really getting out of hand.
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FOA: Gold is valued by the number of outstanding claims against it. Kind of like a house for sale with ten bidders. Each bidder thinks the house is in the bag because they have a valid bid ticket.
Replying to @DebraG_Robins
Think we r in last throes of credit gold price/ screen price discovery.. Some on X have written abt this a lot..as claims on limited physical ⬆️, paper price xau/usd⬇️..china has been draining physical Thru imports..55% world output this yr so far H/t @mrwebber4
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FOA A high physical "street price" will at least keep the dollar in play when price inflation begins. If the paper gold price rises from its present level, will gold stocks follow? Probably!...
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But what if that rise ends quickly as the gold market begins its next "official" failure run?'
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U.S. TAPS EMERGENCY DIESEL RESERVE AS PRICES HIT $6.32 The Trump administration will release 315,000 barrels from the Northeast's 1 million-barrel heating oil reserve as diesel prices surge ahead of the midterm elections. Diesel now averages $6.32 per gallon, according to AAA, amid disruptions linked to the Iran war. Deliveries are expected by November 13. The key takeaway: Washington is tapping emergency fuel supplies to ease pressure from soaring energy costs.
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