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🗣 We’re seeing central banks like India, China and others buying a lot of gold at the moment. Yes. The reason that they’re doing that is because if something breaks in the financial system of the world as it is, it’ll be time for a new global monetary system. And those who have the most gold will get a seat at the table and possibly call the shots. The global economy is barely at a level unprecedented in modern history, right? We did very socioeconomic and geopolitical crises, the likes of which we are unimaginable. I mean, we’ve been watching that coffin since piece in that credibility piece erode over time. And so the time to get in position is when I mean, have we bought ourselves a little bit of a reprieve?
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17 Comments
When the CBDC has negative interest rates, the obvious thing would be to buy metals, as to protect your savings.,so will they ban the trade in precious metals.
I’m Lynette READY, are you? I have been out of this fiat system since 19’. 🙏✝️🇺🇸✝️🙏
Hi Lynette, love your channel. I have just discovered it, & know nothing about finance. I was wondering if anyone could explain how a banking crisis, a currency crisis, a sovereign debt crisis, hyperinflation and a stock market crash are related. Do they all happen at once? Sorry for my ignorance. Thanks for this great show today.❤
A commercial on TV reminded me of how the grooming goes. Not necessarily new, but, I had not seen advertisement on TV for this. Parents can deposit their children's allowance or money for doing shores right into an acct that then the child has access to digitally…..how much like the commi-socialists and the CBDC. Most of these have parental controls as to how much can be spent and can be blocked, so wow!!! Let's get the kids excited and motivated, for a time, to instant digital access to money gratification for chores done.
China is about to take us all to war.
Remember when clowns like Celente use to preach that the business of China is only business?
This idiot would have us believe when missiles start raining down on Taiwan and Guam it is our fault
and the fault of Taiwan for not bending over and grabbing our ankles.
If he thinks America is such a crappy place to live try Russia or life in Communist China.
TO THE BEST OF MY KNOWLEDGE DIGITAL MONEY IS ILLEGAL.WILL THEY CHANGE THE LAW?
They just approved “Unicoin”
I can give you a wealth of knowledge, everyone's talking about the replacement of $USD , we for all you dumbbells out there , the $USD has been replaced a long time ago way back in 1980s this was done with Japanese trading houses that swaped coal for cars and Bechtel provided construction work for oil in kuwait i because I was there 40 yrs ago.
Lagarde has said any transactions over $1000 will be considered as working in the Grey zone which will. attract a fine or jail time.
Sensational….
Today my Australia National Bank offered me 14.51% interest on my savings account!!! In 43 years I’ve never been able to get more than 7% on my cash at the bank. It’s outrageous that banks have stuffed up and not offered higher interest on cash in banks for more than 30 years. I’m stacking gold and silver forever – I don’t need a bank or debt ever again. I can buy property in gold. I can buy food and fuel in silver. Good bye Banks and CBDCs can go fly a kite. I’m for BRICS Nations, America has failed the world through greed. I wish people of America the best but your Rulers have failed you. Fight! Fight! Fight! Fight! Fight!
IMO wars won't work again…Gerald, that's why we had a "plandemic". Unless of course the u.s goes to war with the rest of the world. Guerilla tactics are still winning against tech!. Drones?….just piss on them LOL. Anti-missile-missile protection?….just use many cheap drones. One missile can't defend against many smaller drones.
👍✝️❤️🙏
Great end. 😁
Currency is not backed by gold unless it is specifically denominated in quantity & quality and you can anonymously & instantly redeem the currency for gold in the guaranteed amount.
That is why the amount of gold held by Communist China (or any Communist or totalitarian country) does not matter. They will never let you anonymously redeem their currency for gold.
Do not believe their propaganda.
A country that only prints enough currency that it can anonymously redeem in gold in guaranteed amount & quality will become the de facto reserve currency overnight.
I just purchased products from ITM, and now I can't get into the website because of internal server error. This is making me sick not knowing what's happening and how to get back into my account. Anyone have an idea as to what is wrong?
Just stopped by to say hi. Hope you're having a good night! Bye!
ALL govts are Liars and ALL Banksters are Thieves!