CitizenHorizon on Nostr: And also gold shortages. I think the next global crisis will come from the gold ...
And also gold shortages. I think the next global crisis will come from the gold shortage in London. In my view the liquidity, debt crisis, will start there.
Because there's basically a gold paper derivative collapse already. It takes them 2 months to move gold where it took 2 or 3 days.
If the LBMA (London Bullion Market Association) collapses then it's 2008 again but starting with gold.
Jamie Dimon, JP Morgan CEO, one of the biggest holders of gold in London, has sold 30% of his stock last week....
I mean, 2025 in Europe doesn't look good to be honest. :D
Because there's basically a gold paper derivative collapse already. It takes them 2 months to move gold where it took 2 or 3 days.
If the LBMA (London Bullion Market Association) collapses then it's 2008 again but starting with gold.
Jamie Dimon, JP Morgan CEO, one of the biggest holders of gold in London, has sold 30% of his stock last week....
I mean, 2025 in Europe doesn't look good to be honest. :D