Musk’s “Gold Audit” Distraction

Gold raid today. But of course gold’s spot price cannot rise ever higher *every* trading day.

Even so, perhaps the recent large expansion in exchange for physical (gold) between the London Bullion Market Association (LBMA) and New York dealers is now ending? Just a thought.

If the current ‘arbitrage trading’ was truly that – and not the Fed-Treasury being alarmed about the prospect of a  gold audit – then China’s gold premium may be easing. The foregoing is doubtful, but who knows what Trump may have agreed with China under the covers.

But if the alarm is indeed about the so-called gold audit, hunch is that by now the Fed-Treasury have managed to replenish and provide the appearance needed, if any audit of US gold reserves does truly – or sort of – occur.

It’s surprising that the issue of US gold reserves has arisen at all.  Where is this gold focus coming from and why? Wall Street and the major western finance media / powers-that-be  (Read: Rothschild’s LBMA) have intent to suppress public knowledge about the importance of gold in world trade, and to force the truth about the bankruptcy of the west – and failure of Modern Monetary Theory (MMT) — to remain on the QT.  Presumably that QT would include Trump/Musk, who are defi-dereg Wall Street laissez-faire libs  … or at least claim to be.

But yes, Trump is a master of theater and he is a showman. The gold reserve issue may be a show time diversion from other issues, since there are so many issues facing the failed/former United States at this time. With this ‘show time’ interest, the migrant deportation issue seems to have faded into the background now; as well as failures in US infrastructure (LA fires); and attention to Israel’s genocidal aggression in west Asia – including Syria and Lebanon of course.

Formerly, our Elite coup-class masters would pull a rabbit from a hat (metaphorically speaking) when the public needed to be fooled on an urgent basis. Now, instead of a producing a single rabbit, our Ruling Class acrobats juggle a number of balls in the air at the same time, to keep the Great Unwashed (as they think of us) distracted.

I will write one thing though. Any true threat to LBMA/BIS gaming of central bank gold reserves and their “Basel 3 assets” poses a very serious threat to the underlying duplicity and hubris of the Collective West’s monetary system foundation. The foregoing may be one reason why Warren Buffett sold Wall Street bank shares on a massive scale, via his typical and despicable practice of backing a terminally corrupt US financial system with billions, when the Fed’s corrupt going gets a little bit rough.

Anyway, a true third party audit of US Treasury gold reserves is necessary on behalf of the People of the United States – with emphasis on the words ‘true’, and ‘third party’.  However there is much chicanery that has already occurred, including theft of gold reserves from Afghanistan, Iraq, Libya and Syria (for example) by the US military, and note that US gold is held in several locations – not just Fort Knox. That the Exchange Stabilization Fund would allow such a true and honest third party audit of US gold reserves to happen, is not only exceedingly unlikely but a practical impossibility.

By the way, an adjunct sidebar is crazy Milei’s crypto meme coin scam where the analysis here may provide an illustration for the reader on how the Crypto Bros operate, and make millions unlawfully in principle, but which a toothless and equally corrupt SEC will never investigate – much less prosecute.

Steve Brown