hi this is Mike Maloney and instead of
doing my normal video what I'd like to
do here is redirect you to a great video
of some excellent analysis that an
independent youtuber did of the gold
silver ratio and he presents all of this
information in a completely different
format it's a it's a great analysis he's
not showing you the ratio like everybody
else does like I do he's showing you
data that he has extracted from the
ratio it's excellent you're going to
love it and then to connect the dots
take a look at this article silver
speculators have never been this short
by John Rubino and one of the things
that you're going to see in here is that
the technical funds the speculative
funds which are almost always wrong in
the short term in the long term yeah
they're right they've been long this
entire time but in the short term
they're almost always wrong the green
area is how long they are their long
position which means they're betting
that the price is going up and they've
got the most contracts the most bets
that the price is going up just when the
price falls the most bets the price
Falls the most bets the price Falls it
this happens over and over and over
again to them but you look at where they
are today and this is a very very rare
thing they're very short and this chart
goes all the way back to when George HW
Bush was president the first couple of
weeks here and then Bill Clinton took
over and what you see is that in 1996
and 7 they were short and betting that
the price was going down they were the
most short right at the bottom betting
the price was going down and what did it
do it went up and then they got short
again in 2000 and 2001 betting that the
price was going down and what happened
it went up and then they got short again
in 2004 and what happened the price went
up big-time and so these guys are almost
always wrong and
there are more short now than a 10 any
time since 1993 that's how far back this
chart goes so this is worth taking a
look at this article and then you take a
look at what is probably going to happen
with the US economy I want you to take a
look at now it begins America's state
rec gathers steam David Stockman is
paying attention to Austrian economics
and to the underlying fundamentals of
the economy and demographics and things
like that and when you do that it sort
of lifts the fog and you can create a
better roadmap of what's going to happen
in the future now you need to read this
one all the way to the end because at
the end of this article that last half
of it is an article that he wrote for
the New York Times
five years ago so it's really worth
taking a look at and then in other news
I have been giving seminars and
presenting data on the death of the US
dollar standard the global stellar
standard since 2010 and now a bunch of
other people are starting to talk about
it but there's an article that we're
posting all the links for these articles
in the video below this video so just
click on those links but China launched
their yuan denominated oil futures so
now instead of a petrol dollar there is
also a petrol yuan oil has always been
bought and sold in US dollars the last
people that tried to sell oil in
something other than dollars the first
one of them was Saddam Hussein and that
did not actually he started selling oil
for euros and that didn't work out too
well for him so this is really big news
my presentations were called the nails
in the coffin of the global dollar
standard and the first nail you know the
dollar standard went along just fine
until Saddam Hussein started selling oil
and euros that was the first nail and
the nails are coming quicker and quicker
and this is a giant nail definitely
worth
reading this article so thanks a lot for
listening if you got anything from this
please like it and share it and make
sure you watch that video on the gold
silver ratio and read these articles
thanks a lot we'll see you next time