So We Got Our Answer
For the last month or so, there have been numerous articles and discussions, including here on the tent, about how significant the Basel 3 rules are going to be. I believe we just got our answer. Very significant! The FED who has set up this ridiculous timeline of not tapering nor raising rates before 2023 just announced they are not tapering nor raising rates before 2023. I believe Shakespeare had a play titled “Much Ado About Nothing”(if he didn’t he should have) Once again, the FED says absolutely nothing, does absolutely nothing(save some tweaks to overnite money rates that some experts had said they needed to and should do). However, they coordinate it with a short squeeze in the dollar and use it to crush gold and silver, once again. If this wasn’t the FED telling the banksters to cover their derivative shorts in paper gold and silver contracts, than what was it? The banksters are in the process of doing so and Basel 3 , in hindsight will prove to be extremely significant.
I agree, CM. That is how it appears.