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Rob Kirby: Gold, Silver & Bitcoin Updates

Chris Waltzek, Goldseek Radio, Released on 2/14/17

Click Here to Listen to the Interview

Highlights

  • Similar to the tragic water reservoir failure currently unfolding in California, Rob Kirby of Kirby Analytics identifies extreme risks to the financial markets.
  • Even the mainstream press is starting to acknowledge the risks posed by market manipulation schemes, in particular, in the PMs sector.
  • Bitcoin GBTC is one of the few remaining de facto free markets, for the most part, as institutions have few short-selling options available.
  • As enticing as Bitcoin appears on paper, threats to the blockchain structure could lead to an exodus of funds into the PMs.
  • Evidently, 3 fold the annual gold production was sold in the market during the US Presidential election, evidence of market manipulation on a grand scale.
  • Our guest proposes that the US Treasury is operating vis-à-vis the Exchange Stabilization Fund / PPP, to subdue the PMs to maintain US dollar hegemony.
  • Policymakers are slowly recognizing that Bitcoin and related alternatives represent a modern example of Gresham’s Law.
  • Bitcoin is emblematic of the end game of the neo-Keynesian economic system.
  • Will the fiat currencies eventually succumb to Bitcoin, the only unencumbered currency in circulation?
  • Rob Kirby suggests that the rise in popularity of Bitcoin stems directly from global distrust of central banking operations.

Click Here to Listen to the Interview

Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-dealer broker of foreign exchange and interest rate products. He spent an additional year at another money/bond broker called Freedom Bond Brokers, then spent two years at Garban Inc., another inter dealer bond brokerage in Toronto – and left the industry in 1996. He started writing in 1997, and was involved in a number of entrepreneurial pursuits from marketing Buffalo meat to a part time stint in the giftware business. In 2002, he went to work for Investor’s Group, the largest Mutual Fund Company in Canada. He worked there up until September ’04 when he resigned to write about the markets – and his book – from a “gold bug’s” point of view. His website is called Kirby Analytics.

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