The Great Unraveling
The Democrats are so clueless I have to wonder if they're in on the plan.
This past week, silver hit a historic high of $120 and gold $5600, and with the dollar weakening the sky was the limits. Yesterday, in a flash, the many lost everything (about ten trillion in market value) to the few. Those who over-leveraged to go long on metals were the losers, and those who shorted were the winners.
It is safe to assume that the winners were the oligarchs. The odds of silver crashing thirty percent were astronomically low, and those who tried to buy on the dip were prevented by “technical errors.”
This recalls the January 2021 GameStop scandal, in which hedge funds such as Citadel put a short squeeze on the retail outlet. Retail investors rallied to GameStop’s defense, and the online brokerage Robinhood halted trading to prevent the surging stock from liquidating the short squeezes. It was later revealed that Robinhood generated forty percent of its revenue by selling trade details from retail investors to Citadel before executing the trades. This reeked of insider trading and conspiracy, but the class action lawsuits, Congressional hearings, and SEC investigations eventually fizzled out.
The game is rigged, and the house always wins.
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