{"id":29644,"date":"2021-01-07T09:45:40","date_gmt":"2021-01-07T16:45:40","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=29644"},"modified":"2021-03-08T10:31:30","modified_gmt":"2021-03-08T17:31:30","slug":"global-reset-patterns-unfolding-heres-the-truth-behind-the-lies","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/global-reset-patterns-unfolding-heres-the-truth-behind-the-lies\/","title":{"rendered":"GLOBAL RESET PATTERNS UNFOLDING: Here’s the Truth Behind the Lies"},"content":{"rendered":"

As I watched the tragedy at the Capitol <\/span>yesterday,<\/span> I could not help but remember back to the 1960\u00e2\u20ac\u2122s. I see so many parallels. And while I was shocked at the violence, I was not surprised. Why? Because chaos of many kinds is typical as a currency dies.\u00c2\u00a0<\/span>\u00c2\u00a0<\/span><\/p>\n

So is the hyperinflation that follows as governments and central bankers attempt to remain in control. This is a repeatable pattern that can help us prepare to first survive and then thrive, through the inevitable transition into the next financial\u00c2\u00a0<\/span>and social system. Just keep in mind that there are real opportunities that present to those who are patient and see through the smoke screen created by the ability to print an unlimited amount of fiat (government) money and control fiat markets.\u00c2\u00a0<\/span>\u00c2\u00a0<\/span><\/p>\n

Their goal is to transfer risk and capture wealth. My personal goal is to eliminate<\/span>\u00c2\u00a0risk and be prepared to have real wealth shift my way and I use historically repeatable patterns as a guide because history\u00c2\u00a0repeats\u00c2\u00a0and I know that this time is not different.<\/span>\u00c2\u00a0<\/span><\/p>\n

Importantly, real money gold also has a typical pattern as a currency\u00c2\u00a0dies.\u00c2\u00a0First of all, a rising gold price is an indication of a failing currency, therefore gold\u00e2\u20ac\u2122s true value is suppressed. We\u00e2\u20ac\u2122ve watched global central bankers accumulate the most gold they\u00e2\u20ac\u2122ve ever accumulated in history, since 2008. And yet the Wall Street narrative is\u00c2\u00a0<\/span>driving people to<\/span>\u00c2\u00a0Bitcoin<\/span>, which was first introduced in 2009. The same time that QE money printing was also introduced.<\/span>\u00c2\u00a0<\/span><\/p>\n

Rapidly rising market valuations capture public attention, but it has not yet been tested in a currency lifecycle crisis. I would also point out that it only has value in one market and therefore does not have broad based demand. Rather, to me, it appears to be a tool to turn the public away from protecting their wealth with a proven asset, gold.<\/span>\u00c2\u00a0<\/span><\/p>\n

There are currently\u00c2\u00a0<\/span>several<\/span>\u00c2\u00a0currencies that are\u00c2\u00a0<\/span>collapsing,<\/span>\u00c2\u00a0and we can see the same pattern\u00c2\u00a0<\/span>in gold\u00c2\u00a0<\/span>that we see every single time this has happened<\/span>.<\/span>\u00c2\u00a0After a period of\u00c2\u00a0<\/span>unrestrained money printing, hyperinflation ravages the country leaving most destitute. The suffering population are told that an official currency devaluation will help them. The official overnight devaluation is done against gold (which is a store of value) and gold begins it rise to its true value in terms of the government money, which is zero.<\/span>\u00c2\u00a0<\/span><\/p>\n

The public is told it will only happen once, but it will continue to happen until, all confidence in the government and central bank is gone.<\/span>\u00c2\u00a0<\/span>Local barter systems arise and ultimately, to regain public confidence, gold becomes part of the new currency again.<\/span>\u00c2\u00a0<\/span><\/p>\n

Will this time be different? Maybe it will\u00e2\u20ac\u00a6but most likely, it won\u00e2\u20ac\u2122t be. I want the tried-and-true\u00c2\u00a0safe haven\u00c2\u00a0assets that are outside the system and run no counter party risk. That\u00e2\u20ac\u2122s why I own physical gold and silver.<\/span><\/p>\n

Slides<\/h4>\n

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Sources<\/h4>\n
Slide 1:<\/h5>\n

https:\/\/wolfstreet.com\/2021\/01\/06\/in-crazy-banana-republic-moment-mob-storms-u-s-capitol-senate-house-lawmakers-evacuated-but-no-problem-stocks-are-up\/<\/a><\/p>\n

https:\/\/www.vox.com\/identities\/2020\/6\/2\/21277253\/george-floyd-protest-1960s-civil-rights<\/a><\/p>\n

https:\/\/www.nbcnews.com\/news\/us-news\/kent-state-massacre-shootings-college-campus-50-years-ago-changed-n1197676<\/a><\/p>\n

 <\/p>\n

Slide 2:<\/h5>\n

https:\/\/www.nytimes.com\/2021\/01\/04\/world\/middleeast\/iraq-economy-debt-oil.html?campaign_id=9&emc=edit_nn_20210105&instance_id=25647&nl=the-morning&regi_id=64355736&segment_id=48364&te=1&user_id=2163006f47182838d39c8a6ea2283538<\/a><\/p>\n

https:\/\/www.xe.com\/currencycharts\/?from=XAU&to=IQD&view=1M<\/a><\/p>\n

https:\/\/www.bloomberg.com\/news\/articles\/2020-12-19\/iraq-devalues-currency-by-record-against-dollar-as-economy-wilts?sref=rWFqAg1Y<\/a><\/p>\n

 <\/p>\n

Slide 3:<\/h5>\n

https:\/\/www.xe.com\/currencycharts\/?from=XAU&to=VES&view=10Y<\/a><\/p>\n

 <\/p>\n

Slide 4:<\/h5>\n

https:\/\/www.xe.com\/currencycharts\/?from=XAU&to=VES&view=10Y<\/a><\/p>\n

 <\/p>\n

Slide 5:<\/h5>\n

https:\/\/tradingeconomics.com\/venezuela\/stock-market#:~:text=The%20Venezuela%20Stock%20Market%20(IBVC)%20is%20expected%20to%20trade%20at,797959.15%20in%2012%20months%20time<\/a>.<\/p>\n

 <\/p>\n

Slide 6:<\/h5>\n

https:\/\/www.marketwatch.com\/story\/dow-ends-at-record-high-despite-capitol-siege-by-mob-protesting-change-of-power-in-washington-2021-01-06<\/a><\/p>\n

https:\/\/fred.stlouisfed.org\/series\/M1<\/a><\/p>\n

https:\/\/fred.stlouisfed.org\/series\/CUUR0000SA0R<\/a><\/p>\n

https:\/\/fred.stlouisfed.org\/series\/FYFSD<\/a><\/p>\n

https:\/\/stockcharts.com\/h-sc\/ui<\/a><\/p>\n

 <\/p>\n

Slide 7:<\/h5>\n

https:\/\/fred.stlouisfed.org\/series\/GOLDAMGBD228NLBM<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As I watched the tragedy at the Capitol yesterday, I could not help but remember back to the 1960\u00e2\u20ac\u2122s. I see […]<\/p>\n","protected":false},"author":23,"featured_media":29983,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1710],"tags":[],"class_list":["post-29644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/29644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=29644"}],"version-history":[{"count":30,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/29644\/revisions"}],"predecessor-version":[{"id":29984,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/29644\/revisions\/29984"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/29983"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=29644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=29644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=29644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}