There are as little as 47.5 to 1 claims of paper gold ounces to physical ounces and as high as 100 ounces to 1 ounce of the physical. When a physical ounce of gold is removed from the market, then paper claims must shrink and they go through a settlement process and it can be paid in cash or ounces. Two major banks have now stated they will only settle in cash. Why? The physical market is too tight to secure the metal for settlement. The end result is a higher price for the metal and liquidation of inventory. Both events are now happening. It is also happening in silver as well:
Beginning Monday, the price of silver has led the charge, with yesterday being a notable increase. On all counts, yesterday busted through the 100-Day Moving Average trend line:
On April 30th, Our Heavenly Father had me proclaim the 2nd Census. The price chart has been accommodative to that calling. Silver prices have been suppressed in the low twenties and high teens during this time. Silver represents redemption in Scripture. It is expected to lead the way in price appreciation versus gold (Divine Nature). Those who were unwavering in their commitment to hold physical assets rather than paper claims may be in for a pleasant surprise soon. The kings of the East continue their voracious appetite for both metals in the physical market. The western central planners’ attempts to suppress the gold and silver prices may have finally backfired. I expect notable volatility going forward as the battle of value rages on.
In Habakkuk 3:4 And [his] brightness was as the light; he had horns [coming] out of his hand: and there [was] the hiding of his power.
The word “power” is the Hebrew word “oz”:
עז `oz:
1) might, strength
a) material or physical
b) personal or social or political
Could that also represent how many “ounces” or oz you have hidden in precious metals or their related stocks?
First the physical, then the Spiritual…