TNT, Lynette Zang, Max Keiser and more Thursday AM 7-23-2020
TNT:
Earthfirst: ‘The world is going back to a GOLD STANDARD as the US dollar is about to collapse’
Peter Schiff 22 Jul, 2020 11:37
As the world grapples with Covid-19, precious metals’ prices are pushing higher. Massive moves in gold and silver are coming, according to veteran stockbroker Peter Schiff.
He says silver may hit $50 per ounce. The rally will be short-lived, however, with Schiff describing the metal as “the new bitcoin.”
The rise in gold and silver price is “about to explode” and this is just the beginning of a much bigger move, according to Schiff.
“We’re barely getting started,” the CEO of Euro Pacific said in his podcast. He explained that is also coinciding with what’s happening to the US dollar, because gold is the greenback’s “principle competitor” when it comes to reserve assets.
“The US dollar is about to collapse and when it does, gold is going to take its place. The bottom can drop out of the dollar any day, and gold could go through the roof any day. So, this is a real race and you have to get out of the dollar before it’s too late,” Schiff said.
The yellow metal “will resume its role at the center of the monetary system,” and “the world is going back to a gold standard whether the Federal Reserve wants it or not.”
And that could happen as soon as this year or the next, according to Schiff.
https://www.rt.com/business/495482-gold-standard-return-dollar-collapse/
Courtesy of Dinar Guru
Footforward [Any word on possible rate change within a few days.] I'm wondering how I should answer that. I'm not looking past July yet. I'm thinking it should be this summer in my opinion.
Frank26 It seems to me the chest of monetary reform is resting against the tape of the Boston Marathon. The monetary reform ran the Boston Marathon and right now it is right there, touching, already ripping, heck it's already ripped and in slow motion it's falling to the ground as the monetary reform crosses the line. That's how close I feel we are to it. Because they have released the date and the rate...you don't do that until the very very last moment...I'm very intrigued by what I'm seeing and how the Iraqi dinar is being used globally on platforms and clearing houses and on Forex how it's moving. It is amazing...we are going to see the announcement of the new exchange rate...
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COFFEE WITH LYNETTE: George Gammon; Real Estate, Reset, and Gold
Streamed live 4 hours ago
Keiser Report | Pouring Money into Losing Money | E1570
Jul 23, 2020
Game Over- These are the last few days of the fiat money system!!!!
In this episode of Keiser Report, Max and Stacy discuss the ongoing trend to pour (stimulus) money into companies losing the most money as 38% of the Russell 2000 listed companies are losing money and those losing the most are gaining the most in stock price.
In the second half, Max interviews whistleblower and financial educator Charlie Boyle about the young investors piling into bankrupt companies, and what that tells us about the state of the markets and the money printing induced hysteria.