Coins often depict images of ravenous beasts, like a dragon, a bull, an eagle or a lion. See the above pictured coins. These images are physical representations of the spiritual forces controlling the affairs of men. The irony is that once gold and silver were circulated as money because they are money, but now the idol is not even made of paper, not a paper tiger, but just electronic digits on some computer screen. The global reserve currency is the US dollar, which the US Federal Reserve private central bank ‘prints’ out of thin air.
Those dollars are added to the accumulating currency supply called the M2 money stock. Chart 1 presents an updated plot of the US Fed M2 currency supply from 2000 to the present. Up to 2020 an exponential curve fit (1) describes the growth very well. But from the COVID pandemic with the implementation of QT4 helicopter money the exponential curve (1) does not fit. So I used a 5th order polynomial curve (2) to describe it reasonably well.
However by March 2022 the Fed started tightening (extinguishing dollars) again and the money stock fell until around June 2023 when the rate of tightening started to decrease as indicated by the red data departing from the dashed polynomial curve (2). The total currency supply is now headed back to towards the exponential curve (1) but has remained nearly constant over the past year.
To support the Federal Reserve Ponzi scheme they must get the M2 supply growth back onto the exponential growth curve, with more ‘money printing’. And it does look like they are headed there.
Using the latest M2 data and the price of gold up to April 1, 2024 I have updated my previously published gold price normalised to 1959 dollars when the price of gold was $35.10. See Chart 2 below.
Based on previous peaks in gold rallies, priced in 1959 dollars, the normalised gold price should stay below the straight line (1). By 2024 it had reached a figure very close to the statutory price of $42.2222 set in 1973. See What is Money? Who Controls It? But since March 2024 the uninflated price of gold has broken out of the triangle it was headed into. This is extremely bullish for gold and silver prices.
Based on Rafi Farber’s speculation that the Crack-up Boom could come when the price of gold copies its performance from back in the late 1970s, I made a projection of what that could look like. See The Coming Crack-Up Boom.
Below I have updated the gold price Chart 3 and the price of silver Chart 4 with new data up to May 21, 2024. Quite clearly their prices are both above my speculations/predictions. But we can say for sure that the prices are headed in the right direction.
No one can predict when the Crack-up Boom will occur but if the price trends follow the price trends of the late 1970s in gold and silver the shape of the curves should be similar to those shown in Charts 3 and 4.
Does this mean we are now seeing the beginning of the Crack-up Boom and hyperinflation? Doesn’t this looks like destruction in progress. If so that means the death of the almighty Dollar. Which means the downfall of the god of this world — the image of the beast financial system.
Recommended Reading
- Book: Apocalypse Now: On the Revelation of Jesus Christ
- Book: Merchants of Death: Global Oligarchs and Their War On Humanity
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