Central banks will own gold and crypto going forward
hello and good morning you are back with
the crew thanks again for checking
in today I’m going to go down one of
those controversial subjects that’s back
in the news and the media and uh
it’s well Allan the central banks are
all buying gold are you buying gold
Allan do you have any gold
now of course um I’ve been a precious
guy uh for uh since
the80s well early into the 80s with the
Hunt Brothers and the whole situation
I’ve followed it since then I’m a fan of
it I prefer silver as many of you
know yes the central banks are buying
gold why because the central banks the
bis was basically formed in the 40s and
it was created well before that but
right in there is when they went public
and told everybody who they were and
what they were
about they were the people that
controlled all the gold on the in the
world right then so well let use that
and then Breton woods and the rest of it
that’s all the history that you’re going
to look
up gold now this is at the risk of
everybody clicking out this channel
immediately trust me this is a crypto
story but I’m going to start with gold
and I’m going to tell you why gold will
always
fail gold always fails to
Fiat look
around we’ve been on the gold standard
600 different times in the history of
man with 600 different Fiat currencies
and look around the world are we on a
gold standard I know Zimbabwe just went
to it I get I get that are we on a gold
standard no so what does that tell you
every nation in the world’s on a Fiat
currency today so let’s do the math and
look at history and ask
ourselves gold failed every time to Fiat
cuz we’re currently in Fiat and all of
them
why it’s not transactionally it’s
terrible at its speed and everything
else we’re moving into
technology techn the least technological
thing there is is a gold
rock that’s a fact okay is it scarce yes
is it uh valuable incredibly is it going
to go up in price definitely
do the central Bankers appreciate it
yeah they
do it’s not a good storage of wealth
it’s just simply not and I know
everybody thinks it is and everybody
thinks we’re going to base our monetary
system on it and we’re going to you know
go back to that standard one more time
we’re not we’re not going to do that I
know they’re going to try and I know
many nations are and I’m in this video
I’m going to try and explain to you why
that’s not going to happen
biggest reason there’s five reasons I’m
going to try and cover them all at least
the biggest reason in my opinion is
you’re not going to spend your gold on a
McDonald’s burger on a Starbucks coffee
You’re simply not going to do that why
would you do that you don’t want to do
that you want to spend
Fiat even Fiat backed by gold is a
better spend than a missing a piece of
your gold
right there’s the problem because people
don’t want to spend their gold so they
want to hold on to it right you want to
keep what’s valuable and goes up or at
least stays ahead of
inflation when you get that simple
concept you know now that people don’t
want to sell their
Bitcoin whatever coin you’re into and I
why would you sell that for McDonald’s
meal you’re going to be hungry in 4
hours you’re not going to trade value
like that so let’s look at Central
Bankers they’re trying to recreate yet
another Fiat Ponzi debt scheme and we’re
all falling for it because they say and
they swear on a book and a thing and a
judge with a wooden hammer and a cape
who tells you that’s it we’re going to a
gold standard and we’re all honest from
here on out once again
it’s disappointing that people want to
see that happen again because that’s
just how many times do you have
to have a look in the mirror to
understand
the definition
of
crazy yeah you’re trusting the people
who corrupted the system to reinvent the
system let’s not do that one more
time I’m not here to fix the world I’m
just here to Simply bring out the points
of which many channels and people just
sugarcoat over the top of it well why is
gold a bad idea well if you’re China or
any other country and you want something
from the US why would us spend all of
their gold for the TR the Chinese
trinkets they wouldn’t because gold is a
storage of long-term
wealth what’s the problem with when you
back a currency by gold
it’s the same problem that happened
countries like this country United
States ran into a budget problem they
wanted to blow up southeast Asia Vietnam
in particular with a bunch of bombs that
they couldn’t afford to on a on to one
currency based on dollar or
gold everybody called them out and said
no no there’s no way you have that much
gold we don’t believe you you’re
printing more than you have in your
Vault nobody gets to see our vault they
still haven’t looked inside the Vault
you and I don’t get to count the
Vault so let’s get back to
Counting this is a big problem this is
the third issue that I’m coming up with
here the big issue in the room that
everybody’s not addressing is all right
I have a committee a group of 50 of the
most honest human beings on the face of
the planet they come into said Vault I
don’t care what bank it is what country
whatever Mr Smith who happens to be
wealthy and has 20 bars of gold in his
vault and you have these counters come
in and they weigh it they x-ray it they
analyze it it’s perfect gold Mr Smith
has 20 bars of
gold good he’s good investigators walk
out the room they shut the
Vault they’re
gone are we going to put a guard there
is somebody going to be a witness
there 24/7 who’s honest who can’t be
corrupted no you’re just going to assume
that Mr Smith has those 20 bars what if
Mr Smith sells 10 of those bars and buys
10 tungsten bars and says here is’s a
photograph I have 20 bars of
gold this has always been the problem
with
gold it’s not digitally or
technologically secure enough for man’s
abuse it’s so simply lied about or
corrupted and let’s face facts we’re in
a world right now where honesty
truth is very difficult no country
believes in other
country people don’t believe other
people people have been their lives have
been inflated Away by these lies about
the monetary system and the true value
of everything they call
money it disappears in your hand before
you can even spend it it’s way worse
than what we’re being told it’s
absolutely impossible that they call it
4% inflation right now all you got to do
is look around like come on guys they
can’t even keep that story straight let
alone how much gold they have that none
of us will ever get to count or look at
yet you’re going to just go ahead and
work your day out in the hot sun and a
hot roof and a asphalt road all day for
that thing that they claim this
represents an equivalent amount of how
much gold this country actually
has no you’re not going to do that we’re
technologically more advanced than that
so what does that bring to mind you and
I know we need
blockchain they say well down there are
there’s glint and there’s all these
other companies and a fantastic company
that ganta is and many others and I I
really again appreciate their product
and
their willingness and desire to create
an honest system for gold the issue
again is where’s the
gold I know you’re spending a credit
card that represents and it’s taking out
of that account that you’re good for
where’s The Gold
Store who has the keys how’s it
guarded and then what
is are people paying you in
Gold what do you mean now it’s like well
are you getting paid in
Gold Well yeah if all the money is all
equal to the do oh I see what you mean
right people aren’t paying you in gold
coin they’re paying you again with
digits which are no different than
Fiat right so now you’re getting paid
essentially in digital Fiat going
forward and you’re standing there going
well do I know that this represents the
exact amount of gold that my employer
controls how’s he going to control
that your bank you got to go all the way
back to the central banks again now or
your treasuries and say I trust in these
people again well again I don’t know why
why would we trust them we need
blockchain we need a trust list this is
why blockchain exists
we we need security and a trustless
open
system you guys all know this but we
need that and the best way to explain
open and trustless is one of my favorite
ways to look at it is let’s all sit down
and play a game of poker when you have a
open source code and you everybody can
see it everybody can see everybody’s
wallet
and and you’re playing a game of
poker and everybody can see everybody’s
cards that’s an honest playing
field there’s no more bluffing there’s
no more lying about what you have or
don’t have your wallet says this those
coins are this so let’s get back to
coins how do we make sure the coins are
secure and nobody can replicate them
blockchain Ledger we’ve got all this
figured out guys this is not hard okay
but when you introduce the backing of
gold to a blockchain ledger the
gold is the
denominator that is
not ever
trustless for all the reasons I just
explained is it pure gold is it filled
with tungsten who’s counted it how often
was it counted since the guy left the
room who counted it how many bars left
out the back yesterday where are the
bars why would you spend your bars if
you’re a nation you’re going to create
digits all the sudden your budget gets a
little tight and politicians and other
people need more money than they have
gold bars so they’re going to do
what they’re going to do like I started
the video with everything they’ve always
done let’s remember gold has failed
to hold keep Fiat currencies from
existing on this planet
600 times in history of man 600 times
Fiat has been overtaken by gold and that
we’re on Fiat now so Fiat was yet
scoreboard last in history Fiat won the
Battle of gold versus Fiat once again
because we’re all on Fiat again
that cycle can keep going I know if you
own a bunch of gold you’re thinking oh I
don’t even want to watch this
video we need better we have better we
have the technology we have this which
leads me no I don’t think the future of
money is Bitcoin I think Bitcoin is just
like
gold however it has at least open source
and trustless and open wallets you can
see you can see everybody who’s got what
which is a whole lot better than what I
just explained because you can’t just
walk around the streets with a bar of
gold you can walk around the street on
your phone or whatever device with a a
Bitcoin but Bitcoin isn’t going to be it
either because Bitcoin is far
too slow among other things but it’s it
it’s going to be accountability it’s
going to be Valu just like gold and
silver will always be
valuable okay because it’s been deemed a
commodity it’s been
dealed
dealt the colar or name of this is
property just like a commodity is a
piece of property a that’s what Bitcoin
is which brings me to the end of the
video here and what why and what would
you choose as money put that down below
I have my recent video discussed
basically you’re going to have a
multitude of
coins whether it be xrp whether it be
xlm whether it be Bitcoin and many of
these are going to transact each other
in other words it can be Bitcoin here in
the US it’s going to turn into xrp it’s
going to travel across Bridges which is
exactly what xrp is simply a railroad
track or a bridge to another continent
and then it’s going to turn into a
Russian
Rubble because people trust it it has a
trustless system you don’t need to count
whether or not they have the coins you
can prove they have them in a
wallet
beautiful again it becomes valuable and
as it goes up in price like gold and
Bitcoin do you’re not less wanting to
spend it okay because you don’t trust
your fellow n nation that you’re doing
business with you have to find a
currency lower than that that stays
level with what you claim the value of
everything is that you have whether that
be labor oil
minerals food production whatever it may
be okay Bitcoin
account you need something for that to
transact on the streets for the
McDonald’s and the cup of
coffee you don’t want to lose your
assets to a
cheeseburger which is like my last video
and I try to explain that simply and I
triy to make this one as simple as
possible that’s where your stable coins
come into to play that’s where we’re
headed that’s this man’s opinion again I
don’t even own Crystal let alone have
Crystal Ball I don’t have any of that
but what I do have for you is where’s
the ball going what are we doing what’s
worked in the past what have I seen in
my fairly lengthy lifetime succeed why
did those things fail how do we do
better the next time that’s why this
technology is brilliant because we’re
changing the monetary system around the
world through Central Banking and
they’re getting the picture and they’re
understanding that the future of money
is not gold and is not Bitcoin it is the
future of money believe it or not is the
transactional value of things
like xrp and I know that’s bit of a gray
area or many of you don’t own it you
should look into it and understand why
but the digits in which you will freely
spend all around the world are going to
be I don’t think cbdcs are going to be
it but essentially a stable coin and
there would be many of them not just one
but the biggest reason that I made the
last video that I did about stable coins
is I truly believe that stable
coins put out by institutions that know
what they’re doing and in my opinion
there’s no better company that knows
what they’re doing than Ripple when it
comes to
this space there’s nobody more schooled
there’s nobody with more connections
that’s the one that’s the stable coin
that will succeed who’s tether I I don’t
even know who’s
Circle I know circle’s done some cool
things technologically but what I’m
talking about is who’s better than
Ripple and the answer to that and a lot
of people ask me this
comment what about nation states and
their own stable coin Co that’s the only
other coins in my opinion that could
surpass the amount of stable coins out
there on the face of the planet which I
think the number one candidate going
forward in the next two to five years
would be a ripple stable coin and don’t
get this confused it’s not an xrp coin
they are different one is equated
to the guesstimation of value in which
you have gold bars to sa for wherever in
that vault which again is not an
accurate Ledger or
account it’s just not we need to do
better than that do I have all those
answers no I don’t I’m just trying to
point out to my gold bug friends which I
am one I prefer silver
I we’re not that’s not the future of the
monetary system it is the future of
collateral and always will be so is
Bitcoin so is land so is oil so is food
production so is your labor production
of your people but it is not the future
of
currencies and in my opinion this humble
opinion the leading candidate for the
future people who are going to create
the future currencies of the world in my
opinion is Ripple and the product
they’re going to use for a better than
stable coin quality to it is going to be
xrp again simply one man’s opinion so
hope you guys enjoy that content I uh
really hope you guys are going to be in
Las Vegas I’m also doing a show tonight
uh with Melissa and kayada who’s going
to be a live show tonight this video is
coming out Wednesday so Wednesday we’re
going to do a live stream it’s called
dip your toe hopefully I can get that
link down below for you guys and it’s
going to be about a 2hour leas a live
show with uh our girl Melissa and it’s
going to be a lot of fun if you like
this kind of content please like And
subscribe if you’re going to Las Vegas
please come up tell me who you are tell
me what your wife’s name is tell me what
your children are doing with their lives
and how much fun they’re having in life
and that’s what I want to talk to you
guys about I don’t want to talk about
extra P I want to talk about who you are
and how much fun you’re having in life
all right guys with that I am
out love you all
Central banks will own gold and crypto going forward by Allan Staple with The Staple Crew.
❤️EP23 Dip A Toe, Let’s Talk Crypto! | Special Guests Allan Staple & Keda
❤️ 4/24/2024 7:00 PM Eastern Time
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49 Comments
TONIGHT, Wednesday 4/24/2024 7PM ET @DipAToeShow
Mark your calendar! EP23 Dip A Toe, Let's Talk Crypto! with Special Guests Allan Staple & Keda
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…Thank you!!!
How do you use any crypto without any electricity or without computers and cell phones or without any other technology??
Physical gold, silver, etc. doesn't need anything except ownership and trade.
Beware of those who claim what you need and don't need in your own life.
XRP 🚀🚀🚀🚀🚀🚀🚀🚀🚀🌱🚀🚀🚀🌱🚀🌱🚀🚀🌱🚀🌱🚀🚀🌱
JV with HBar
Xrp will not be a currency. The real key is “XRPL” Countries will exchange value using the xrp ledger. Trillions will flow through the xrpl and thats why xrp price will rise. Xrp itself is not that useful. It’s just a coin that you need to use the xrp ledger. And banks will have to buy xrp in order to use the xrpl.
Awesome wisdom thanks for sharing
Put the keys to the gold vault on the Blockchain.
watching from The Bahamas
The NFT marketplace on Cyberopolis sounds like a game-changer. Can't wait to start collecting digital assets! But first, enjoy the presale, we are early
https://www.justice.gov/sites/default/files/opa/press-releases/attachments/2015/05/05/settlement_agreement.pdf
XRP was deemed electronic cash in 2015!!!
I'm getting major FOMO seeing all the buzz around the Cyberopolis presale. Definitely not missing out on this opportunity.
I've been looking for a new gaming blockchain platform, and Cyberopolis seems like the perfect one. Bit gains ahead.
Cyberopolis's integration of the Cybercoin token is a brilliant move. Waiting for the moonshot.
I've been following Cyberopolis's development closely, and I'm blown away by the progress they've made. Join the presale now.
The Cyberopolis presale is a golden opportunity for gamers and investors alike. I'm all in! Cybercoin
❤❤❤
I guess you could swap a silver dime for a cheeseburger. I don’t know Allen if that would ever happen. What’s your opinion?
We will be meeting for the second time in Las Vegas!
THE PRICE OF #XRP HAS ALREADY BEEN DEFINED A LONG TIME AGO. I CAN'T MAKE THIS THING UP! 🤯👇
IF YOU PUT THE NUMBER "3270" INTO THE GEMATRIA CALCULATOR, YOU WILL GET: "WORLD RESERVE CURRENCY XRP."
IF YOU PUT 2455 INTO THE GEMATRIA CALCULATOR, YOU WILL GET: " XRP DIGITAL WORLD CURRENCY!"
IF YOU PUT "BRICS CURRENCY" OR "RESERVE CURRENCY" INTO THE GEMATRIA CALCULATOR YOU WILL GET: "DEVID SCHWARTZ; TURN THE SWITCH; LIQUIDITY ON DEMAND AND XRP TEN THOUSAND."
IF YOU PUT 873 INTO THE GEMATRIA CALCULATOR YOU GET: "XRP FOR THE MOON; XRP THE STANDARD!"
IF YOU PUT 759 INTO THE GEMATRIA CALCULATOR, YOU WILL GET: "XRP PACKED TO GOLD!"
IF YOU PUT 841 INTO THE GEMATRIA CALCULATOR, YOU WILL GET: "XRP GOLD STANDARD!"
IF YOU PUT 521 INTO THE GEMATRIA CALCULATOR, YOU WILL GET: "XRP GOLD!"
#RIPPLE #XRP
Allen right , Digital currency will be it , and be backed up by stable coins , 🔥 video
Gresham’s Law always prevails.
Great video Allen.
I’n not aware of any gold bug that sees gold as future transactional money, save a post apocalyptic world without electricity and circuits, but gold would still fail there as that case would be for silver in 1oz or smaller denominations.
Will gold retain and even gain value adjusted for inflation, yes in my opinion and collectable coins even more so than bullion (pre-33 gold). At least history tells that story.
Does gold always go to fiat, yes it does (gov greed). Will governments allow a non-state controlled currency to dominate their own fiat, unlikely in my opinion. I see them outlawing or suppressing competition and this could include the use of physical gold and silver too; however it’s hard to stop 1:1 bartering (handshake with a coin).
With the increased volume of gold purchasing by almost all Central Banks, one can conclude they see it as a hedge against dedollarization (US T Bills). BRICS are a real risk and could force the US into a commodity backed currency to stop future hyperinflation. That would most likely include a large percentage of gold and could include many other commodities and assets like other metals, oil, other currencies, and crypto.
For me, I see the US converting the Dollar to a Digital Dollar on a blockchain that is backed by gold and maybe other commodities and assets as mentioned above. This could use XRP as the foundation or to transact between coins/currencies.
So for me, I see value in Gold, silver, XRP, and Bitcoin. I have an easier time and a much higher percentage with the physical assets, gold and silver.
The key is to get out of the fiat system. Do your research and make your bets based on what you understand and love. None of us knows the future. (Not financial advice just my thought).
And emerald's!
Cheers Allan, always appreciate to hear your take on economic issues.
I want the middle, XRP!
Your intelligent has such great trajectory!!!
Gold is cumbersome, requires storage, security & always susceptible to physical theft. They can always produce more gold. Fort Knox has not been audited in years. And when prohibition came and they made it illegal for citizens to hold gold, they scammed people who turned in their gold with an exchange rate below what it was worth. Others buried their gold in their back yards (some of which is still being found to this day).
And then there is the Lightning network.
Interested to hear stable coin token value once more people adopt them?
If Joe has $50K USD in his bank account, can he continue to use those dollars in physical form, cash from the bank, or will there be some kind of conversion value involved from paper currency to digital to incentivise people to get onboard? How will that help those who are not tech savvy, especially grandma and grandpa as I just dont think many older people will understand the crypto only monetary system, but they certainly do understand cash in their hand.
Will XRP be decentralised as no one is going to have much faith in central banks if they control the monetary system like they do today.
Not sure i understand everything you say but it all seems to make sense.
Spot on!
Very informative as always, thanks!
If we go back to gold we go back to accountability and honesty. And no one wants to do that
Allen, you really need to check out Jeff Booth's thesis on Bitcoin.
You underestimate the viability of Bitcoin as MONEY
Love your channell and agree with 99% of everything you say.
Xrp xlm xdc hbar qnt
I have been contemplating the value of gold in the future.And thinking about selling it all.
Lots of GEMs in this one. Thanks Allan. TRUSTLESS = no trust necessary
The Two will run side by side continually. Fiat will not go away. New bills will be released under the gold backed system. These bills will carry a thin strip of gold, they will have the Mason symbolism removed. "The silver and Gold are mine says the Lord"
Wow! You really opened my eyes on this new technology. You're a good teacher Allen and I'm glad I subscribed. 👍👍
Sounds logical Al, but when have they ever been logical ? Greed,y thieving, muppets, maybe !
The fact every transaction is traceable and accounted for on the ledger is the exact reason i wonder if it will be mass adopted – the powers that be like things the way they are, malleable, corruptible, easily tinkered with, the guard outside the vault looking the other way for 5 mins every now and then.
Thanks for this video Allan!
XRP backed by Gold. That could complete the Puzzle. Overnight please. One massive Green Candlestick.
Not …gold has gone up over 5000 times since 1971 hello. Gold didn't fail to fiat. In 71 fiat failed and gold won in 1980. Xrp is a con …there is no fast speed tech. We're is this super fast on demand ? Prove it exists ? It's crazy to believe xrp has this tech.
Shouldn't every country have a stable coin? Backed by? And then there is a bridge currency.
❤❤❤ RIPPLE ❤❤❤
We love your god damn show Alan
damn it had a thought of buying gold lately then now rethinking 😅 just gonna get more XRP!
It’s not going to be gold. Uganda recently found 31 tons of gold. Imagine if we are gold backed transferring quadrillions of dollars to get the world economy going, then a country ends up finding 33 tons of gold?… u will not be able to control the fluctuations. We are going to”digital gold” that has a 3 ledger accounting. There’s only one. It’s the Phoenix 🐦🔥
Its brainless…. For the first time in history you can buy gold with fake money. What a deal!!