Somalian Silver Exchange

2026 will be the year of rude awakenings. The systemic fraud and financial malfeasance that has kept the global monetary system in a sanctuary free from the consequences of economic reality will be exposed for all to see. The world will soon realize that our currency is about as trustworthy as a Somalian daycare center.

Fraud is to be expected in an economic system that is built on faith. Especially when it is embedded within a low-trust society. Wherever there is opportunity for fraud, you will undoubtedly discover someone taking advantage.

Government grants are rife with fraud by design because the success of a program is determined by its volume. Politicians are incentivized to extend benefits to as many people as possible and have little disposition to catch the charlatans abusing their coveted program.

“Look at all these people we are helping!” They revel in victory on the perpetual campaign trail as thousands of unworthy recipients steal from unwilling taxpayers.

The goal is to acquire voters. The cost or effectiveness of a program is an afterthought. Therefore, there is not only unlimited opportunity from bottomless budgets but also very limited risk in getting caught or jailed. Even those deserving of benefits will stretch the truth to qualify for benefits that immigrants are getting with fake documentation. Ironically, the greater the “success” a grant program experiences, the more profound and widespread the hardship becomes.

The grant, which was supposed to alleviate cost burdens, has made the service more expensive for nonrecipients, while generations of third-world settlers rapidly occupy the neighborhood, adorning the existing inhabitants with quality childcare jobs that don’t exist.

The absurd abuse of government grants extends far beyond the recent discoveries in Minnesota, but that revelation uncovers a whole lot more than just misallocated taxpayer funds. If all those businesses are fake, so is the job creation reported in the U.S. labor statistics. Only God knows the magnitude of misreporting for vital economic data.

We already know that government jobs account for roughly 15% of all new employment created in the last 5 years. In the private sector, the largest growth segment was health care and social assistance, which is evidently subsidized by grant programs vulnerable to fraud. How much of that growth is even real?

Is the labor market in a full-blown recession concealed by cosmic amounts of “employment” that provides zero service to communities and steals money from the taxpayer?

This is just the first thread in the great unraveling of economic stagflation. Once the extent of this fraud is quantified and extrapolated nationally, the populace will finally realize the economy is held up entirely by the degradation of their currency.

All this irresponsible government spending is appropriating capital from the productive economy to fund the fake economy of handouts and fraud. Moreover, when they run out of taxpayer dollars, they just print it out of thin air, further inflating the currency and destroying our purchasing power. Real economic growth collapses as fake growth expands, sending us into a doom loop of debt and unaffordability.

The warning signs of stagflation are already flashing bright red, and even those signals are manipulated by a whole different kind of egregious fraud in the commodity markets.

The monetary system is on the verge of total collapse because it is losing the one thing that has kept it alive for decades. Confidence. All the fraud that is uncovered, the realizations of endless inflation, and the loss of faith in governments will set off a mad dash away from fiat currency.

The smart money is already ditching their dying fiat currency for hard assets like silver, which skyrocketed 150% to $75 an ounce in under a year. This price is hilariously understated based on the demand for physical silver, which is trading for over $135 in some countries. The discrepancy stems from corrupt financialization, where Wall Street super banks are conducting their own type of Somalian daycare fraud.

COMEX is the world’s principal exchange for silver futures contracts, which provides an immense opportunity for financial institutions to commit fraud via market manipulation. Firms like JP Morgan Chase have been spoofing the silver market for decades with illegal trading tactics designed to suppress the price for guaranteed short-selling profits. The paper contracts drastically outweigh the supply of actual silver, which interferes with actual price discovery. Right now, the COMEX has a ratio of paper contracts to physical silver of 350 to 1.

If investors start to demand the actual metal over the paper promise, the price will shoot to meet the actual demand and likely surpass it to disincentivize new orders. The COMEX has signaled that it’s already in trouble by significantly raising their margin requirements for traders and recently placed an order for 50 million ounces of silver to fulfill their contracts. Just like those Minnesota grants for Somalian childcare. The product does not exist, and it’s already been paid for.

It’s a crime as old as civilization. There is an ancient Sumerian clay tablet sitting in the British Museum that contains the world’s oldest customer complaint. In the oldest written language, Akkadian cuneiform, a man from 1750 B.C. chastised his ingot dealer for selling him substandard copper and not fulfilling an order that he had already paid for. Clearly things haven’t changed much in 4000 years.

Now I can’t read Akkadian cuneiform, but I would like to think this man in ancient Mesopotamia is a lot like me. He clearly believed in proper creditworthiness, balanced budgets, and the value of fine metals, so he probably wrote down something very similar to this essay. Some lessons of humanity are truly timeless, but I really hope that 4000 years from now someone will read this and find it completely unrelatable. I hope they live in a high-trust society with fair markets free of manipulation, an economy of real money, and daycares filled with actual children.