Greg Hunter – Macroeconomic analyst Rob Kirby says the big elephant in the global financial room, that nobody wants to acknowledge, is the still “missing” $21 trillion from the DOD and HUD. Kirby contends, “They don’t want to believe it. They don’t want to believe that, at least, $21 trillion in extra dollars has been created out of thin air. It is siloed, and I would say it is siloed in dark places like the Exchange Stabilization Fund (ESF), which is the secretive adjunct to the U.S. Treasury.
“I would also contend that this enormous cache of dark money is exactly what is used to do dirty tricks like rig the precious metals market because that is a very expensive operation to carry out. That is not a sustainable sort of thing. The Fed . . . knew years and years ago that they were going to hit a point where the amount of money that they would need to be put into the system would have to grow vertically. This is why they created and siloed at least $21 trillion extra dollars.”
Kirby also says the extra $21 trillion “missing” dollars has been a well-kept secret. Kirby says, “This is a true secret, and I am going to say a true secret of the Deep State. This is why everybody avoids this at all costs.”
What is the downside to massive money printing? Kirby says, “Is everything going to be okay in America when people really realize how much money there really is in existence. When people realize instead of money supply being “X,” and it’s really 10 times “X,” is everything going to be okay then? I don’t think so. Once there is widespread acceptance that the money supply is not “X,” but it is 10 times “X,” 10 “X” is going to come home to America very quickly. That 10 “X” worth of money is going to be buying anything that isn’t nailed down things, and it might be buying things that are nailed down. We are going to get a hyperinflation. There is absolutely no doubt in my mind. It’s not a question of if, it’s only a question of when.”
Kirby, who is also a broker of physical precious metals by the ton for wealthy clients, says people are quietly panicking. Kirby explains, “If you look at a duck moving across the water, it looks very graceful. But if you take a picture of what’s going on underneath the waterline, you see the duck paddling seriously.
In the precious metals space, what we see above the waterline is the reckless suppression of physical precious metals . . . but what’s really going on beneath the waterline is mega, mega money is on a ‘seek and acquire’ mission to secure physical precious metals in amounts that would stagger most people. . . .
There will come a point where physical precious metal will be hard, if not impossible, to find in exchange for fiat currency. . . .The amount of money seeking physical precious metals would alarm a lot of people. You are talking stupid amounts of money.”
Join Greg Hunter as he goes One-on-One with Rob Kirby of KirbyAnalytics.com.
SF Source USA Watchdog Sep 2018