Palisades Gold Radio and The Survival Economist Tuesday 4-13-2021

Jaime Carrasco: Global Reset to Include Gold & Silver Backing

Palisades Gold Radio:  Apr 13, 2021

Tom welcomes back to the show forward thinker Jaime Carrasco of Canaccord Genuity.

Jaime discusses gold manipulation and why investors need to gain exposure via assets that have leverage to gold. Precious metals are going to perform similarly to blockchain assets and companies.

Governments are heavily and debt with no way of paying it back. You want to be in the lifeboat when the financial Titanic sinks.

 Jaime explains how patience is vital when building your positions in gold. He's been buying producers and some explorers on market pullbacks. The consequences of all this money printing are occurring regardless of what is being publicly stated.

These debt levels can't continue, and we see the destruction wrought from a retracting economy. Buy right, sit tight and be patient.

He believes the blockchain will continue to grow, which is essential because a decentralized world will bring real solutions: replacing the banking system itself.

We're moving into uncertain times, and the system will change dramatically, and there will be many structural ramifications. He wonders, "Will the global system unravel faster than they can implement change?"

This is why Central Banks are talking about a reset and pushing paper to suppress gold.

The big concern is what will happen to the dollar and what that will mean for gold.

Jaime discusses Endeavour and First Majestic holding back production and why it's a great strategy.

There seems to be an increasingly global impact on silver supplies and mint shortages brought in part by retail demand.

All we can do as investors hedge ourselves and watch what those in charge do and not what they say. It's going to be interesting to see what breaks next.

The financial system has always been rebuilt around gold in some fashion. Jaime says, "Hedge accordingly in gold, silver, and blockchain."

Time Stamp References:

0:00​ - Intro

2:23​ - Distopian Investing

10:33​ - Gold Markets and Patience

14:17​ - Current Bitcoin Cycle

20:10​ - Inflation is Inevitable

21:50​ - Yellen & Taxation

25:53​ - Currencies, Gold, & Dollar

 29:43​ - Silver Squeeze

32:05​ - Catalysts for Gold?

34:47​ - Paper Leverage & Silver

38:39​ - Concluding Thoughts

40:07​ - Wrap Up

https://www.youtube.com/watch?v=4IIQT3Dnu38

The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic

The Survival Economist:  Premiered 7 hours ago

The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic For the wealthy and the ultra-wealthy, happy days are here again.

Even though we have just been through one of the most difficult 12 months in our history, the number of billionaires has increased dramatically during this pandemic.

That seems rather odd, but there is no denying that the rich have gotten even richer during this crisis. In fact, Forbes revealed this week that the number of billionaires has risen by about 30 percent over the past year… The number of newly minted and reissued billionaires soared last year, Forbes reported Tuesday in its annual ranking, a staggering accumulation of personal wealth that stands in sharp contrast with the widespread economic struggles unleashed by the coronavirus pandemic.

The number of billionaires on Forbes’ 35th annual ranking swelled by 660 to 2,755 — a roughly 30 percent jump from a year ago — and 493 of them are first-timers.

Seven of eight are richer than they were before the pandemic. Forbes calculates net worth by using stock prices and exchange rates from March 5.

For the full transcript go to https://financearmageddon.blogspot.com

https://www.youtube.com/watch?v=nrmMbM6Hib0