“Endgame” – Possible Ironic Warning
The FED has set a meeting for next Thurs. 7/27 titled “Basel III Endgame”. It is about the rules pertaining to capital allocation regarding the large banks. Why did they used the title “endgame”? Maybe something to do with the final stage of implementing these changes over a period of time, since they were first announced? Seems ironic that with $3 quadrillion of financial derivatives on the books of these banks, it just very well might be the endgame, not of this implementation, but the entire global fiat monetary system? Next week should be quite interesting. If silver makes it above the remaining resistance points on the way to $30, we may truly be approaching, the “Endgame”!