Oil, gas and mining

Gold & Silver Prices Are Being Suppressed! How Do You Fix It?



Buy Silver & Gold here: https://swpcayman.com/wss/primary

Joining us today is Thomas Parilla, president of Parilla Investment Group, and he shares his views on the recent Fed meeting’s impact on these markets, highlighting the resilience of gold prices despite rate hikes and the remarkable 140 million ounce silver deficit. He delves into China’s growing gold reserves, potentially surpassing the U.S., and the implications of China weaponizing gold against the U.S. dollar. We also explore the possibility of a joint U.S.-China digital currency backed by gold, the challenges of a digital currency in the U.S., and the staggering losses in the U.S. banking system. Thomas advises investing in gold, silver, and junior miners, emphasizing the importance of accumulating these assets over time for wealth preservation and potential profits.

Thomas LinkedIn:
https://www.linkedin.com/in/thomas-parilla-5a5b0316/

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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.

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24 Comments

  2. Steve Guti

    Thank you God for all your blessings to me and my family for the strength you give me each day and for all the people around me who make life more meaningful praise God praying for everyone everyday God bless you all 🙏🙌🙏🙏

  15. Dwayne Carroll

    Here we go again.
    China is not ramping up gold purchases.
    Its finding its way there becuase of arbitrage
    They are scrambling to find dollars because they cannot pay their dollar denominated debt.
    The sword cuts both ways. Xi was hat in hand hand looking to get foreign capital investment to flow back
    by the way another one of their captial ships seems to be on fire….but hey who is counting
    Sorry but its all downhill from here

  17. Bob Silver

    People need to be patient. If you actual study the facts, then you know it is a great thing to own physical silver. One fact is 800 million ounces…give or take…of silver is mined globally per year. The solar industry used a little over 200 million ounces last year. Solar is going to be tripled in the next few years…this deal has already been settled so it will happen. So, the solar panels alone will demand over 600 million ounces of silver per year with only 800 million mined. Other industries will need over 200 million next year. Investors in physical silver will be over 200 million ounces. The fact is in a few years we will not have enough silver coming out of the ground to meet demand. Be patient, hold some silver and thank me later.

  18. Michael Williams

    I would really like to buy some gold, but considering all the uses of silver and the current ratio of 80 to 1, I just can’t get myself to buy anything other than silver 🤷‍♂️

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