Breaking: The IMF has just released a research paper on gold as ‘international reserves’. It contains some truly astonishing data, but if you’ve seen the report – you’ll already know that it is an arduous read. As usual, Mike Maloney and Adam Taggart (with some help from Ronnie Stoeferle of Incrementum AG) are here to decipher the data and double-speak, making this extremely important report easy to understand. Stay tuned to the end for one of the best memes we’ve ever seen. Enjoy.
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43 Comments
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19:02 🙂
8:53 Geopolitical & global economic policy uncertainty is probably code for “new world order to unite us all with one global currency “…
They continue to “prepare” us.
Do not consent people. If you don’t hold it, you don’t own it.
9:02 Exactly Mike. Which is why we do NOT need a gold “standard”. Any standard will be manipulated. We have centuries of proof of that.
We just need to start/keep using physical gold and silver again.
Period.
Wow the wheel rediscovered again! Gold is money ! No brainer
Anyone else noticed how they smashed the price of AU today. I saw it up at 1996 around 2 am
I can fit $40,000 bank notes in a bank bag
Will gold go to $2k?
Thanks for the great video as always!
two heavyweights. mike and adam. got my popcorn, lets go
It is amazing.
thanks
It’s the IMF that is the BARBAROUS RELIC …
A+Content as always
Seeing the West selling gold makes me think they might know something others don’t. Either they are selling their assets to float their spending, selling because they are stupid, or maybe they know that a gigantic gold reserve (e.g. Grand Canyon) will be unveiled to utterly destroy the price of gold. I don’t know. They can’t be this stupid, can they? I’m silver all the way!!!
Our famous Blackface Prime Minister of Canada sold ALL our gold reserves in 2018. A the true follower of Klaus Barbie Schwab and the New World Order.
And gold just got HAMMERED today…
Quite frankly I think their all in on it. All countries basically in alignment with the WEF. The elites are wanting to spread the reserve currency/gold around so countries have gold to trade in the new system. This scheme takes the living standard down in the west and up in the emerging market countries. ALL EQUAL SERFS in the NWO.
Maybe I am reading it wrong but the chart on table 3 shows 6 countries that increased (bought) more than 5% and 8 countries that decreased (sold) over 5 % NOT 14 countries that BOUGHT over 5% increase. 4:40 minute marker.
10% increase over 20 years is not much but how the chart is showen it looks as big increase, I followed these guys for 3 years now everytime gold is going to sky-rocket. Maybe within the next 20 year they will be right.
As a kid we still had silver guilders up to 1967. Now they go at about 3,50-4 Euro that is about 8X and counting
Got any idea what gold/silver can buy when the system finally breaks?
If silver hits $500 an Oz. That sounds great… but a $300k house will be worth what… $5mil?
What I’m asking is, how do we speculate the cost of goods/services when metals out value fiat?
Most the public has had ramen noodles,not held a solver coin. If every human bought a gram …it would be gone!
Is gold like gunnah go up? Or something?
Central bank gold is the antidote to feckless politicians. It brings a level of enforced prudence to otherwise imprudent fools. No country needs that more than the US except perhaps the USEU! Both are as good as dead in the water now though. Very sad.😢
C'est complètement bête de leur part. Central Banks.
Really enjoying your combined efforts!
I suspect the sale of all that sovereign gold back in the early 2000s at the low prices coincided with the corporate governments taking over and them offloading the people's gold to their masters. It was theft!
Question: if gold is money (and nothing else) what are the central banks using to "buy" gold ???
That all the gold sellers are in the west is far worse than incredibly dumb, it's incredibly intentional and coordinated – it's incredibly criminal.
I want to invest in gold but I’m so confused how to get started😢
The IMF want to destroy the door. They have openly admitted it. They want their SDRs as the global reserve currency
Of course central banks and countries like gold. They know fiat paper money really is not worth anything. Eventually when the populations figure this out their gold will be their saviour.
My greatest happiness is the $ 64,000 bi – weekly profit I get consistently from my $ 15,000 investment despite the economic fluctuation
I read an article stating Australia bought over 400 ton last year, doesnt seem to match that they sold gold. was quite clear on that.
With the invention of Bitcoin, a "gold standard" is, in fact, a barbarous relic. Gold standard simply means the powerless sheeple must trust criminal psychopaths to honor whatever preposterous standard they come up with. With decentralized, open source, fixed supply blockchains (real ones, that is – not some stupid asset-backed nonsense), no need for the 6000 year old con game called "gold backed currency". Transfer any amount anywhere in the world with NO third-party pedophiles involved. The value of the token itself is irrelevant. The free market will set the price based on the combination of speed, privacy, security, and cost. Be it 10 cents or $1 million dollars per token. The fact is, this capability exists today. The only thing people debate is the "price" of the token (Bitcoin, Litecoin, whatever). Only morons declare "Bitcoin will go to zero!!!". That's what 2-year-olds say when they missed the opportunity to buy some at 1 cent.
Central Banks are not your friend…
I'm up here in Canazuela and, 'BOTH' 'Tards and 'Cons have emptied our vaults. The Normies I talk to have NO clue and don't even seem to care. Even my brother in law says to me: 'well if there is a crash — we are all in this together'. WTF?!?!
I am OUT of the rigged markets and hope to get out and down south before the SHTF
The problem with gold Is that it is too rare to be used as money, if you valorise it in order to replace all M1 mining would become so profitable that it would be environmentaly catastrophic. A money that would be backed by gold and other Commodities make more sense. If central banks had only commodities on their balance sheet instead of financial instruments the world would be much more stable.
Central Bank's saying one thing publicly and doing the opposite privately is market manipulation, insider trading and lying. Why are they not prosecuted?
Hey Mike I'm mostly in metabolic health science and Geopolitical stuff, but discovered your incredible history of money series recently, and am digging into this world now – any chance of a podcast interview? 😀 https://www.youtube.com/channel/UCPn4FsiQP15nudug9FDhluA
Destruction of Western civilization.
I believe central banks are simply printing currency to purchase Gold and other assets. This distorts all markets.
Render unto Caesar what belongs to Caesar, and render your soul into God. Keep your gold and silver. They don't belong to Caesar, and God doesn't want them. Be wise, people. 🙂