Part 8/13:
One of the most intricate parts of the discussion revolves around the manipulation of global commodities and currencies. Tom discusses how the metals markets—gold and silver—are undergoing seismic shifts, signaling a transition away from centralized price control.
Backwardation in silver—a state where current prices exceed future delivery prices—indicates a physical shortage and a turning point in the commodity trading system.
Major players like JP Morgan are losing their grip over silver, which is traditionally used for manipulation, signaling that the old financial system is breaking down.