Got Gold?

Got Gold?

Sanjib Saha   February 7, 2020

YEARS AGO, I spent a few days in Bangkok touring the city. A highlight of my short stopover was the temple of Wat Traimit, which houses a five-and-a-half metric ton Golden Buddha, made of approximately $250 million of gold.

Cast more than 700 years ago, the statue symbolized the prosperity and cultural heritage of Sukhothai, the first Thai kingdom. Sometime in the 18th century, the statue was completely plastered over to conceal its value from Burmese invaders.

The significance of the statue was forgotten for some 200 years, until the plaster accidentally chipped off to reveal the gold underneath. The miraculous 1955 discovery made headlines and the statue was restored to its former glory. I was mesmerized by its brilliance and beauty.

Our longing for gold is as old as recorded history. It was significant thousands of years ago, as evidenced by Egyptian archeology. Ancient Greeks, Incans, Aztecs and many other civilizations used gold. It was viewed as a status symbol to separate the elite from the ordinary. Holding gold was synonymous with holding power.

Why such a deep-rooted fascination? There’s no simple answer. The color and luster of the metal create a unique aesthetic appeal. Gold is scarce, yet durable and resilient, hence it’s historical role as a way to store wealth and transfer it to future generations. Even today, in many countries, gold is widely used in social ceremonies and religious offerings. Strong consumer demand persists.

For centuries, gold also played a vital role in monetary systems. The gold standard, a system that promised a fixed gold-based exchange rate for circulating paper currency, was widely used by many countries until World War I. In 1944, gold’s importance was reestablished by the Bretton Woods agreement.

This new system pegged all other currencies to the U.S. dollar and allowed them to be converted to physical gold at $35 per ounce. But the new system soon faltered. The international currency-to-gold convertibility was finally abolished almost half-a-century ago by President Nixon.

Nixon’s decision triggered two shifts in the global monetary system. First, the smooth functioning of fiat—or paper—money around the financial world became solely dependent on the responsible, collaborative action of central banks. Second, the price of gold went haywire.

It spiked almost 20-fold in less than 10 years, only to lose 60% over the following two decades. The rollercoaster ride continued in the current century. Gold climbed from less than $275 per ounce in 2000 to more than $1,900 in 2011. From there, it dropped below $1,075 in 2016 and then crept up again, closing yesterday at $1,570. Widely differing views on its value have made gold a highly speculative asset.

To continue reading, please go to the original article here:

https://humbledollar.com/2020/02/got-gold/

.Yamashita's Gold? And More...

Anna Von Reitz: Yamashita's Gold? And More...

Saturday, February 1, 2020

Source: Paul Stramer | By Anna Von Reitz

It's apparent that many people, especially Europeans are playing with half a deck.

The American Government is not and has never been "in abeyance" as a result of the "disappearance" of the States of America Confederation.

The important part of our Government, that is, the sovereign and unincorporated Government, is the Federation of States, not the Confederation, which was merely a convenience serving as a Subcontractor for the Federation.

Please note, to underscore this fact, the Union and the Federation conducted all business for this country from 1776 to 1781, a period of five (5) years, before the Confederation even existed.

There is absolutely no reason to suppose that the Confederation operating was the States of America was ever any vital component of our Government. As sovereign entities, our States are not obligated to operate as States of States.

The States and their Federation can take care of their own business in any venue whatsoever, and much to the consternation of certain crooks, they are choosing to do so.

Take a look at the One Pager organizational chart. The States of America was an "instrumentality" --- a business organization. It went bankrupt. So what?

Am I considered bankrupt because Fred's Handyman Service works for me and Fred's Handyman Service goes bankrupt?

Where's the logic in that, please?

Additionally, in view of the current criminality of the subcontracting "federal" corporations, the State Assemblies have been called to Assemble and conduct the actual business of this country for the first time in over 150 years. Take note. We woke up. The Giant is staggering to its feet and is about as grumpy as a hibernating bear in the springtime.

What happened is this:

The Confederation dba States of America split up and tanked. The Southern States of States were dismembered and the Northern States of States were bankrupted in a commercial mercenary conflict known as The American Civil War.

To continue reading, please go to the original article here:

Original Source:  http://www.paulstramer.net/2020/02/yamashitas-gold-and-more.html

 Further Researched Articles By Dinar Recaps Team:

1.  The Secret WWII Gold Hoard That Changed the World   March 18, 2012

Noted historians and respected investigative journalists Sterling and Peggy Seagrave, in their book Gold Warriors: America’s Secret Recovery of Yamashita’s Gold, documented the  multibillion dollar World War II loot, valued at perhaps over 120 billion 1945 dollars.

https://americanfreepress.net/secret-wwii-gold-hoard-changed-the-world/

2.  Yamashita’s Gold: The Philippine Treasure Caves  By Jim H May 12, 2016

True Life Tale of Yamashita’s Gold Treasure   https://www.historicmysteries.com/yamashitas-gold/

3.  The Legend of Golden Lily: Yamashita’s Gold  theunredacted  09 May 2018

Did the world’s biggest treasure fall into the hands of the American government after WW2?

https://theunredacted.com/the-legend-of-golden-lily-yamashitas-gold/

.Gold Price Prediction – Prices Rally Post Trade Agreement Signing

Gold Price Prediction – Prices Rally Post Trade Agreement Signing

David Becker FX Empire January 15, 2020,

Gold prices rallied following the signing of the US-China trade deal. Surprisingly Chinese networks reported that the lack of President Xi not attending the signing pointed the blame at the number 2. US yields eased as riskier assets continued to gain traction, which put downward pressure on the dollar. This paved the way for higher gold prices.

 Technical Analysis

Gold prices pushed higher and sliced through short term resistance near the  10-day moving average which is now support near 1,554. Target resistance is now seen near the January highs at 1,611.  

Additional support on gold prices is seen near the November highs at 1,517. This appears to be part of a bull flag continuation pattern. The issue is the range given that $1,611 is far away.

While short term daily momentum mixed as the fast stochastic is also accelerating lower. The daily RSI on the other hand is curling higher reflecting decelerating negative momentum.

The daily MACD is poised to generate a crossover sell signal, as the MACD line fast approaches the MACD signal line. The MACD histogram is poised to slice through zero index level which is also considered a crossover sell signal.

The US and China sign the first phase of a trade deal which includes roughly $200 billion in Chinese purchases of American goods and services over the next two years.

 To continue reading, please go to the original article here:

https://www.yahoo.com/finance/news/gold-price-prediction-prices-rally-194645293.html

.I Sure Am Glad That I Own Gold…

I Sure Am Glad That I Own Gold…

Notes From The Field By Simon Black

January 6, 2020  Bahia Beach, Puerto Rico

The price of gold is up nearly $100 since Christmas, reaching around $1,575 per troy ounce as I write this letter.

This most recent price bump is due to the panic over Iran. But the gold price is up nearly 20% over the last year, so there have obviously been plenty of other factors driving the price higher before the Middle East started flaring up again.

And there will be plenty more after these tensions cool down.

Trade wars, economic crisis in China, Bolshevik nonsense in the US, Brexit woes… the world is definitely not lacking in major issues that could continue to drive gold prices higher.

Throughout history there have always been periods of relative calm and stability, followed by periods of chaos and uncertainty.

The 1960s were incredibly chaotic, for example. Riots, assassinations, war, etc. were the dominant stories of the time.

By comparison, the 1990s were relatively calm. Peace and prosperity reigned. And life was so easy that the biggest problem of the decade was Bill Clinton’s love stain.

We seem to be sliding head-first into another period of turmoil (though I would argue that we’ve been there for a few years).

Stability is gone. Trade wars, shooting wars, terror attacks… pretty much everything is back on the table now.

Bolshevik politicians are taking hold all over the world, even in places like the United States, where, only a few years ago, it would have been considered preposterous for a socialist candidate to run for President.

Now there’s more than a dozen.

Most of all, the Social Contract is breaking down; people everywhere are becoming angry and unglued. We’ve seen it in the streets in places like Hong Kong, Spain, Chile, Lebanon, France, etc. And we see it every single day in social media.

People are demanding change and revolution in everything from our basic system of economics, down to the very words we can and cannot use.

This is all part of a level of conflict and turmoil we haven’t seen in decades, and it’s possible we’re just in the early stages.

I somehow doubt that all of these woke social justice warriors will suddenly capitulate their war on gender pronouns, or that Bolshevik presidential candidates will abandon their Marxist ideology and embrace the free market.

Now, don’t get me wrong… I’m not suggesting this is the winter of our discontent. I’m incredibly optimistic about the world and it’s opportunities.

But I sure am glad that I own some gold.

It’s not the fact that the gold price is up $100 in a month, or that precious metals have performed very well as an asset class. (Silver is up 21% in the last six months alone.)

The investment benefits are a nice bonus. But the real value of gold is that it’s one of the best things to own in times of turmoil and uncertainty.

Gold is a global asset with a 5,000+ year history of value and marketability. It’s a hedge… an asset you can rely on when you can rely on little else.

In many respects it’s like a life insurance policy… with the added cherry-on-top that you don’t have to be dead to benefit from it. And your gold dealer is probably not going to give you a prostate exam first.

I know this is the time of year where people make all sorts of predictions about what’s going to happen in the year ahead.

Frankly I don’t think anyone can credibly say that they have any idea what’s going to happen in the world in 2020. And that’s why I own gold.

To continue reading, please go to the original article here:

https://www.sovereignman.com/international-diversification-strategies/i-sure-am-glad-that-i-own-gold-27029/

.Why Is Silver A Better Choice Over Gold?

Why Is Silver A Better Choice Over Gold?

By Muhammad Ali

 I have always favoured Silver over Gold, I have my reasons for making this choice but what are others saying as well?

So I took this question to my friend The Dinarian.  He has a YouTube Channel related to Dinar news and he is very bullish when it comes to Silver.

I wanted to see if what his choices are on silver matches mine.  I contacted him with some questions and here's what he had to say.

Hey The Dinarian, I know you are in favour of Silver over Gold and I wanted to get your opinions and compare notes.  Can you please answer my questions to give my readers another opinion on the matter?

Muhammad: Why do you really favour Silver over Gold?

The Dinarian: I personally like Silver over the precious metal gold for numerous reasons; the first being that I believe silver is currently under-priced, by a huge margin. Your profit potential with silver is huge and the low risk at these price levels makes it that more attractive over gold.

What is it at today $18.00 an ounce or so? In my opinion every household should be holding some of this beautiful piece of real money in today’s world of chaos. Just a few years back silver was around $50.00 an ounce and I believe we are heading back to that level and past.

Muhammad: What makes Silver more sought after?

The Dinarian: Silver is more attractive to investors and collectors due to the affordability, profitability and its use in technology, it is simply put, more useful in today’s industries.

While gold has always been known as the go to safe haven by many investors, I personally prefer silver especially as they are shutting mines down these days. There will be less of it available then there is today. For an example silver is highly used in solar cells, and electric automobiles.

As these two industries are being highly pursued by the two biggest economies of the world, the U.S. and China, it will further drive up the demand for silver, as mining the precious metal dwindles.

This alone will provide a huge increase in the price of silver. On top of that, with the world headed into chaos, more and more people are running away from the doomed US dollar and running to safe haven assets, and many just can simply not afford to stockpile gold.

Muhammad: Do you feel in the future it will still be easy to find Silver?

The Dinarian: Absolutely not, as I mentioned in the previous question, the mining of silver supply is going down while the world as a whole is using more. The simply rule of supply and demand will drive the price up, which in turn will cause more and more people to jump on board the silver train.

This will further drive down the availability of silver. On top of that, you have many people such as myself that are invested in the Iraqi Dinar, which will be creating a whole new crowd, that are being primed by blogs all across the world to purchase precious metals. This will further dry up the shiny metal.

Muhammad: Do you think it's wiser to accumulate Silver coins over Silver bars?

The Dinarian: I personally prefer the rounds and bars myself, over either as they are closer to the spot price of silver, which means I can purchase more of it at a cheaper price.

It is really up to the individual investor to choose, Coins can vary in price due to different numismatic reasons, such as the amount of coins made of a various style, region or mintage, while Silver bars also vary with different designs, and they are sold at or just above spot price for the most part.

The rounds as well are sold at or just above spot price but are available in a wider variety of weights.

Let’s face it, look at Iraq for example, if you were in that chaos, would you be worried about the numismatic value of a high priced China Panda coin, or would you want the value of the actual silver itself to trade for food or clothing? 

So you definitely want to have a few fractional rounds in your possession just in case. Let’s face it the world isn’t heading in a friendly direction right now, and you will definitely want something to barter with if need be.

On top of that, the rounds are usually made by a private mintage and have pretty cool designs on them. When all is said and done, I think bars and rounds are the way to go, but that’s just me. Like I said earlier it would be up to the individual investor as to what they choose to hold.

Muhammad: What about buying Silver collectible coins?  Is that a good idea?

The Dinarian: After you have about 100 ounces of rounds and or bars, I would say go for it, get a few. Some of them are beautifully made coins, and very rare. 

Collectible coins also will increase in value as silver increases, as well as time may drive the prices up. It all depends on the desirability of the specific coin.

There are no guarantees in life and this is a prime example. You will be betting that the coin over time will increase in value due to its scarcity or desirability. You would need to find someone that desired that specific coin and is willing to pay the high price you are looking for in the end.

Muhammad: Where do you see Silver levels going in the future in comparison to Gold?

The Dinarian: Realistically I see silver easily hitting $100/oz. short term and $800+ and ounce long term. Just the supply and demand aspect of Silver I believe will drive the price of silver upwards or past the 100 mark. As I explained earlier, the supply of Silver is decreasing due to industrial and investor usage and the demand is ever increasing as people are starting to wake up and realize fiat monies aren’t real money.

Go back to biblical times, they didn’t bring Jesus shells to the manger, they brought him Silver and Gold, the only real true time tested money.

On the longer target of $800 plus, this is based on the fact that a certain bank is currently in a federal lawsuit, as I believe its eight of its traders were caught manipulating the precious metals market.

When the true value of silver shows, I truly believe it has the capability to reach the 800 mark and even go past $1000 an ounce.

If you do your research you will find silver was more expensive than gold in Egypt until around the fifteenth century BC, and as we use more and more of this precious metals reserves up and it diminishes, well let’s just say, Silver is the New Gold.

Muhammad: And how does the above question relate to our returns on Silver investments?

The Dinarian: I think I answered this above.

Muhammad: Many thanks, my friend, for taking the time to answer my questions.

There you go guys, what he said, is exactly my thinking as well, however, I would just like to add to try to have a balance of some physical Gold as well. 

With my Currency Exchange Planner it makes it easy to budget your precious metal purchases and you can adjust the percentage of metals that you want to buy very easily.  It is very important to know and understand the reasons behind and each and every decision that you make when it comes to your planning.

 For example, if you decide to purchase more gold over silver, why?  Or if you decide to purchase more silver over gold, again know why you've made that decision.  Having a clear mind and a clear plan is what will position you to be among those who are in the 20-30% that will retain their wealth for the long run.

Never lose sight that 85% of the millionaires created during the Kuwaiti RI, went broke in 5 months.  We do not want to be part of that group.  So it is important to reason and rationale each and every decision that you make in your planning.

Now, before I end my article, I just wanted to leave you with another article from the New York Times that confirms what I have written before regarding the Smart Money and Market Manipulation. 

The author of this article refers to it as a conspiracy in the Silver Markets, however, there is no conspiracy about it; it is the Smart Money aka the Profession Traders at play.

A Conspiracy With a Silver Lining

https://opinionator.blogs.nytimes.com/2011/03/02/a-conspiracy-with-a-silver-lining/

So please check the Articles' page of my website and find the article that I wrote about "My Thoughts on Gold and Silver" and how I explained about the Smart Money and what I feel will happen to precious metals after RV.  The more you understand the more you are aware, and then when things go chaotic you won't be the one trembling.

Thank you everyone and I hope you found some benefit in my article.  I also wish to thank The Dinarian for his input on Silver; you can visit his YouTube channel https://www.youtube.com/channel/UCvrWtma4GYpkIbPaNLBb4zg

And please take a look at my other articles on Iraq and the RV and please take a look at my software, The Currency Exchange Planner.

Thank you  Muhammad Ali

www.CurrencyExchangePlanner.com

Russia Could Invest Part of Its National Wealth Fund In Gold

Petrodollar Shock: Russia Could Invest Part of Its National Wealth Fund In Gold

By  Tyler Durden  Mon, 12/30/2019

In the past two years Russia has been quite explicit in its shifting preference between fiat, in the form of the world's reserve currency, US Dollars and hard assets, i.e., gold: after liquidating almost all of its Treasury holdings in mid 2018, roughly around the time relations between the US and Russia hit rock bottom and started digging, Russian gold holdings continued to climb and just a few months back rose to a record, more than doubling in the past 4 years.

It now appears that the recent gold-buying spree wasn't enough, because according to Russia's Finance Minister Anton Siluanov, Russia is now also considering investing part of its National Wealth Fund in gold, adding that it is Russia's view that investment in the precious metal as more sustainable in the long-term than in financial assets.

“There is a discussion on whether to invest the fund’s money in gold and precious metals. There are a lot of supporters and opponents,” Siluanov said.

While Russia has traditionally been one of the world’s largest gold producers, its central bank has been the main buyer of its metal in recent years, partly as a result of Western sanctions imposed on Moscow in 2014, which forced the central bank was reducing the share of U.S. dollar assets in its reserves.

So is Russia about to double down and in addition to converting its forex reserves into gold, will start buying the yellow metal for its sovereign wealth fund too? It appears so: speaking to reporters last Tuesday, Siluanov said that the finance ministry proposes that the National Wealth Fund’s new investment structure would mirror the foreign exchanges reserves structure of the central bank and excludes gold.

 As of December 1, the central bank’s gold reserves stood at 72.7 million troy ounces, worth approximately $108 billion.

As a reminder, the Russian National Wealth Fund accumulates revenues from oil exports and was initially designed to support the pension system. It was worth $124 billion as of Dec. 1. It is, therefore, a key cog in the petrodollar mechanism.

This means that a key player in the global petrodollar recycling pathway will instead convert its revenues from sales of oil not into dollars, but directly into gold, bypassing the current reserve currency.

As a reminder, it was in late 2014, shortly before China's economy suffered its first major shock - and currency devaluation - of the post-crisis era, when we reported in "How The Petrodollar Quietly Died, And Nobody Noticed" that as a result of the oil price crash of late 2014, the petrodollar had suffered its first near-death experience, as petrodollar exports would fall negative in 2014 for the first time in 18 years.

And while since then we have seen a modest rebound, the net exported capital remains dangerously close to zero, in effect keeping the entire petrodollar system on death watch.

To continue reading, please go to the original article here:

https://www.zerohedge.com/economics/petrodollar-shock-russia-could-invert-part-its-national-wealth-fund-gold

“Gold Market Fraudulent, Already in Deep Default"

“Gold Market Fraudulent, Already in Deep Default, Cannot Deliver 5,900 Tons”

By Greg Hunter’s USAWatchdog.com

“Financial writer and precious metals expert Bill Holter says big delivery demands are flashing a warning sign that something is very wrong in the gold market. Holter explains, “What’s happened so far this year, there have been roughly 5,900 tons of gold sent to London under ‘exchange for physical.’

The world only produces 2,700 tons a year. There is only one official hoard in the world that is more than that, and that is 8,300 tons in the U.S. Treasury. It has not been audited since 1956.

What I am telling you is over 200% of annual production has been sent to London for delivery, and it is an impossibility to deliver. The metal doesn’t exist. Once it gets to London, it is totally shrouded. We see nothing in terms of proof or verification that delivery is being made. It’s being sent to London to die.”

So, is a default in the gold market coming soon? Holter says, “It’s already happened. It’s already happened. They can’t deliver. Just this month alone, in December, there are 41 tons (of gold) standing for delivery.

I think they (COMEX) only have 37 tons to deliver on. You will not see the movement inside COMEX showing delivery. The 37 tons will not be eaten into to deliver. Are they paying a 25% premium to settle in cash? Who knows, it’s totally shrouded.

You know by sheer size of the numbers that 5,900 tons, in less than one year, for delivery, that’s fraudulent. I hope COMEX or CME sues me because then we get into discovery. I am sure there are 10,000 lawyers that would do this on a pro-bono basis just to get to the truth.”

When will this market blow up? Holter says, “I don’t know, you can’t ask me how long because this thing should have blown up years ago. When will it blow up? I can’t tell you, but I can tell you mathematically it cannot sustain.” - https://usawatchdog.com/

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with gold expert Bill Holter of JSMineset.com.

To continue reading, please go to the original article here:

http://beforeitsnews.com/opinion-liberal/2019/12/greg-hunter-gold-market-fraudulent-already-in-deep-default-cannot-deliver-5900-tons-2599643.html

Gold Has Outperformed The Stock Market Over The Last Year

Gold Has Outperformed The Stock Market Over The Last Year

Notes From The Field By Simon Black

December 4, 2019   En route to Saint Lucia

For more than a year, I’ve been strongly encouraging readers to consider buying gold.

In fact, almost exactly one year ago to the day, I wrote that gold was cheap relative to just about every other asset class in the world.

Since then, gold has been one of the best performing investments in the world.

Over the last 12 months, the price of gold is up 21.1%, handily outperforming everything from the S&P 500 index in the US to stock markets in China, Europe, and Canada, plus bonds, real estate, and even major commodities like oil.

Gold has even outpaced the stock prices of many of the world’s most popular tech investments like Netflix, Tesla, Amazon, etc.

(One of the more interesting exceptions has been Bitcoin, which has more than doubled in value over the last 12 months. We’ll talk about that another time.)

But while gold’s investment performance has been great, I want to tell you today why that doesn’t matter one bit to me.

According to data published by the World Gold Council (WGC), in the last quarter alone, both retail investors and a number of large hedge funds have been piling into gold.

That’s certainly been one factor driving prices higher. But to be frank, that sort of demand is extremely fickle.

The WGC data show that most small investors are buying into gold ETFs (which as I’ve explained previously is probably the dumbest way to own gold.)

Gold ETF buyers are NOT long-term investors. They’ll most likely sell the minute gold prices start to fall.

Hedge fund managers won’t hesitate to sell either, especially if they need to boost their quarterly returns.

So, long-term, gold prices won’t be driven higher by fickle investor demand.

The real demand that’s worth watching comes from foreign governments and central banks-- institutions with such a heavy appetite that they buy gold by the metric ton.

In the third quarter of this year, Turkey bought 71 metric tons of gold. Serbia bought 9 metric tons of gold in the month of October alone.

Poland doubled its gold reserves last year. And China has been gobbling up not only gold, but gold miners too.

It’s critical to understand that foreign governments and central banks tend to be buyers of gold. They’re rarely sellers.

To continue reading, please go to the original article here:

https://www.sovereignman.com/trends/gold-has-outperformed-the-stock-market-over-the-last-year-26760/

Why Gold And Silver Have Plenty Of Room To Rise

Notes From The Field   By Simon Black
Spoleto, Italy

From the Recaps Archives originally posted on August 12, 2019

Peter Schiff and I talk gold [Podcast]

Why Gold And Silver Have Plenty Of Room To Rise​

I thought in this age of insanity that we are living in, nothing would surprise me anymore. But sure enough, there was a headline in the Financial Times the other day, “Central banks should consider giving people money.”

It seems almost impossible that someone could believe in something so ridiculous. And yet this is the world we are living in. The path to prosperity is now based on unelected central bankers conjuring millions of dollars out of thin air.

Bankrupt governments are issuing bonds with negative yields, meaning they are being paid to go deeper into debt. And there are more than $13 trillion of these negative yielding bonds in the world.

If anything this makes a compelling case for why people should consider owning gold.

It’s a store of value with a 5,000 year track record of withstanding inflation, political crisis, and monetary stupidity.

I’ve been suggesting people consider buying gold for quite some time, especially over the last year. I argue that the supply of gold, is actually declining, yet the demand will increase in large part due to all of this central bank lunacy.

And that has absolutely been happening. The price of gold is up more than 25% over the last year, and just surpassed $1,500 per ounce. But unlike most other assets like real estate, stocks, bonds, etc, gold is still far from it's all time high.

There could still be plenty of gains ahead.

And silver would have to triple before it reaches it’s all time high.

Every summer for the past eight years, I’ve enjoyed a week or two in the italian countryside at a 400 plus year old villa. Here I relax with friends, family, business colleagues, and some of our Total Access members who fly in from around the world, to break bread and enjoy really stimulating and entertaining conversations.

This year Peter Schiff has been one of my guests. He’s an old friend who shares many of the same beliefs. And when our conversation this morning turned to gold, I thought it appropriate to record it, and make a Podcast out of it.

LINK

In our conversation we talk about why gold and silver have plenty of room to rise, and a number of different ways to invest.

Until tomorrow,

To your freedom and prosperity, Simon  Black,  Founder, SovereignMan.com

My Thoughts on Gold and Silver.

My Thoughts on Gold and Silver.

By Muhammad Ali

​I have had several people contact me about my opinion on what will happen to Gold and Silver.  So this article, in a way, is a follow up to my previous one, titled "Precious Metals - My Plan B".

​First, let me just give you some of my background so you know that I have a bit of experience on this.  I've started trading Forex, since 2000, while I was living in Canada.  My first Forex course was Steven Nisson's candlestick training on VHS.  I still have it and autograph books of his.

 I spent a small fortune on training courses and books and from live trading experiences.   I continued trading when I shifted to Malaysia in 2004 and around 2009 I opened my own Forex Company here, taught courses on Forex and trading for people as well as providing online signal services. 

I have had my own traders and I did all the management for the company.   I had a 15,000 square foot office in the heart of Kuala Lumpur.   I had clients subscribing to my signal services from over 100 countries.  I had professional services charging $500 US per month for signal services. 

I've truly gone thru a lot in Forex, experimented with hundreds of robot software, known as E.A. (Expert Advisors) and trading systems and indicators.   Then I just had enough of it all and stopped, but God had his own plan and brought be back to Forex via the Dinar, so now I just deal with the physical currency, less stressful.

​But during my years of intense study of charts, I learned about a man named Tom Williams.   Here's a short YouTube video and Tom's tells you some very important psychological aspects of the markets and people.

Smart Money Drives the Financial Markets?

https://www.youtube.com/watch?v=6jwEwlZnSFY&feature=emb_logo

Now, just to further tell you who Tom is, he's a syndicate trader or professional trade or the Smart Money.  They all mean the same thing, these are the people who move the markets, who manipulate and control the markets via the media.

​I bought all his books, his courses and his software and studied intensely and learned a lot.  One thing I did learn, is the charts lie to you, candlesticks lie to you, the charts do not show the movement of the smart money. 

These people must have a Klingon cloaking device because they are invisible to the eyes of the people.  There is ONLY 1 indicator that the smart money cannot hide from, the volume indicator and interestingly enough, 99% of all the traders out there do not use the volume indicator nor understand how it works.  But this is the ONLY indication to know when the Smart Money is beginning to make their move.

​I've witnessed first-hand the manipulation of the Smart Money and the manipulation of the brokers as well.  The difference with a person's trading platform as compared to the smart money is you see your trades taking place, whereas they see everyone's trades taking place.  So they have the added advantage over us.

​So now, fast forward, 19 years later, that gives you a brief background into my experience, so let's get into today's article.

​I am a firm believer in Gold and Silver.  They are and will be the money of the future that is without any doubt.  If you take back anything from my article today, it's that, after the RV, you MUST buy some physical quantities of Gold and Silver.   This is the very reason why I added the precious metals tab in my Currency Exchange Planner, as I believe your exchange plans should or must include gold and silver.

The difficulty with most people today, including myself, we lack the capital to buy any large amounts of these precious metals, but all that will change with the RV.  I have educated my group to invest into these currencies, that we all hold, and after the RV, you'll now have the capital to secure more precious metals.

​Between the two metals my preference has always been towards silver and I am sure we will one day see the two metals at par.  Silver is in much more of a shortage than gold and also more of a demand.

Thru my study of Forex and the smart money what I've come to realize the hard way, the markets are manipulated and it's not a level playing field.

And, thru my study of charts and breakouts and again following the smart money, here's what I believe will happen.

Since 2014, I have said you will not see gold and silver go anywhere until the RV happens.  Until that point, you will see these two metals just bounce in a range, which is what they have been doing for the past 5 years.  Recently you've seen gold starting going up but it's still not going anywhere, it's still controlled.

​When the RV happens, you will see both start to shoot up, the fake media will jump on it with their propaganda pushed by the smart money and this is directed to the people to get on the bandwagon and buy gold and silver, to get in while the getting is still good before it shoots thru the roof.  All this is planned, as with what Tom Williams said in the video above.

​What I suspect will happen is this will be a false breakout.   If you're studied FX charts and triangles you'll know what I mean about breakouts and false breakouts.  The Smart Money are manipulating the prices making people jump in, making them believe that the gold prices have broken out of the range and now moving up, they'll raise the price a few hundred pips, believe me, they can do it anytime they feel like it.

   What I predict will happen, is that after a lot of people join into the buying streak and feeling they are comfortable and happy with their investment, then out of greed, the people will try to find more or borrow more money to invest in gold and silver. 

The smart money will know the timing, and then they'll pull the rug right out from under everyone and will drop the price by 50% or more in the span of 1 hour, it'll be a sudden drop and you'll see silver prices and gold prices even lower than what it is today.  It would happen too fast to be able to do anything about it.  That, in essence, is a false breakout.

The fake propaganda media will again get on with telling everyone to get out before metals hit rock bottom.  All these fake news propaganda created by the Smart money.

For those buying physical will be alright, as they own the physical gold or silver bullion some may panic and sell their bullion and some will still hold on to it.

​Those trading gold and silver online will be wiped out, by margin calls or stop losses triggered.  These are the people the smart money is targeting.  Millions of people will be wiped out financially.

​Once the price is dropping and has dropped the smart money will be there to buy up at dirt cheap prices that people once paid a hefty price for.    As Tom said in the video, this is what they do, when the news says to sell, the smart money are buying.

​Now, why do I believe this will happen the way? Well, this scenario has happened over and over and over again with Forex currencies, commodities, stocks and will continue to happen. 

I've seen it, I've gone thru it, and it adds an enormous amount of stress to your mind and body.  The smart money is masters at manipulation and they do not give a ** about you.  

That's why they say 98% lose their money in Forex and only 2% make money, because they don't understand how the smart money trades and they don't trade with the smart money.   If you trade against the smart money you'll surely lose it all.  

All this will just be a game to them, another opportunity to take your money and I believe where there is opportunity for the smart money to do it, they definitely will.

After the false breakout and the precious metals drop, millions were wiped out from their trading positions on gold and silver, the smart money are buying once again and will then move the prices of gold and silver higher and higher and higher.  Remember, I said, this is all but a mere game to them. 

They care not if you are wiped out and crushed.  Their egos are so high; they are so full of themselves that they will do it just to show the world that they can.

So what I have told my group, is once the RV happens, we have time to exchange, then we watch the prices of gold and silver climb.  If you want to buy, you can also, but make sure you buy the physical bullion and then just hold on to it.  When the prices drop by 50% or more, that's the time to go all out or all in, depends on your viewpoint and buy what you can but buy according to your plan.

​Thing may happen very quickly and very fast after the RV.  That's another reason why it's advantageous for you at this point to know and keep tabs of where to buy gold and silver online and thru retail outlets. 

As when the prices drop, some of these dealers may stop selling, until the markets stabilize or may be competing with millions of other buyers so you need to act quickly. 

Technically, these dealers paid a higher price for their stock, so if the price drops 50%, it's only logical that they will be inclined to stop all sales, as they would be losing money themselves by selling the metals at low prices.  So you need to keep what I just said in mind. 

If gold and silver drops by 50% in 1 hour, for sure the dealers will put a hold on selling.  That's why settling some debts and things after RV, should be a second priority, monitoring other opportunities as getting in on Gold and Silver as they begin their decline to lower prices should be your first priority. 

This is why it's so very, very, very important to plan and have a plan.  In my exchange planner software, in my gold and silver tab, you can enter your places where to buy the precious metals.  So it's all part of your planning.

​Now, I am going to share with you something that I plan to do to cover myself.  So I said, I expect gold and silver to drop by 50%, right?  Then I said, at these low prices dealers will stop selling, right?  So then, that means there's no opportunity, right? WRONG.

This is what I plan to do at the bottom out of the prices.  If I cannot get physical, I will buy gold and silver online.  You may not be able to buy the physical but you can buy it virtual or digital. 

Now that I've enter the markets at bargain basement prices, I will wait and ride the wave back up to the $5000 or $50,000 an ounce price to whatever it may go to.  As it's going up to higher levels, I will sell off some of the trades and use that money to buy the physical.  

So if I cannot buy the physical metals at the low prices, I most certainly can buy online via trading and then at a later date in the future, sell off and convert to physical, where there is a will, there is a way.

​So there you go, this is what I expect will happen.  Whether it happens this way or not, only time will tell, but the important aspect is please include gold and silver as part of your planning as part of your Plan B.  If you believe Gold and Silver will happen  to rise some other way then that's fine but go back and please read the title of this article.

Thank you and I wish you all the success in your currency exchange.

Muhammad Ali

www.CurrencyExchangePlanner.com

The No. 1 Planning Tool for the Dinar community.

Available in Desktop PC/MAC and Mobile App (Android & IOS) versions

https://www.currencyexchangeplanner.com/article-23-my-thoughts-on-metals

Precious Metals - My Plan B

Precious Metals - My Plan B

By Muhammad Ali

You may have heard me refer to precious metals as my Plan B, in several of my articles.  If you haven't read any of my articles you can read them on my website, unless of course, you're on my website right now reading this article, therefore, just ignore everything I just said.  ;)

OK back to the subject, precious metals and why do I consider them as my Plan B.  The reason for this article clarification came about because someone emailed me, asking why do I consider precious metals as my Plan B.

Before we get into that, let me just clarify something else, what do I refer to as precious metals?  Gold and Silver are the obvious, but I would also add in there stones and other metals as well.  For stones, one may debate the risks involved as the purchase and re-sale values may be far apart, especially in the case of diamonds.  Well for general purposes we'll just stick to gold and silver.

We can all agree that a Plan B is a back up plan, there's no question about that.

So one may assume that the precious metals you purchased is your back up plan, in case of a market crash or you've blown too much of your wealth and need to liquidate your assets to get back on track.  If that's the case, that's fine.

However, I take it on a different level and I apply my precious metals as a Plan B to my investments.

I said, in a previous article, before getting involved in investing, determine your lifestyle choice for living after the RV.  Do you want a simple work-free lifestyle or do you want to join Robin Leach's Lifestyles of the Rich and Famous?  I used to love watching that series back in the late 80's.

In my viewpoint, it is important to determine your lifestyle first, the reason for this, it will determine how much you want to expose yourself in the markets.  If you want a simple lifestyle then there's no point going Gung Ho and investing a huge amount.  You'll be putting yourself at a higher risk in case things back fire on you and you suffer loses.  Let's put some numbers down so the picture becomes crystal clear.

After our exchange, let's we say had $5 million and we choose to have a simple lifestyle and target to make $5,000 per month, in our mind, this is enough for us to have a work-free lifestyle.

If you invested $1,200,000 into a fixed deposit account making 5% per year, this will give you $60,000 per year or $5,000 per month.  Bingo!  And on a plug note: My Currency Exchange Planner software has an Investment tab to help you plan with this.

So if that is our target, then we should invest slightly above that $1.2 million target line, let's say $1.5 million.  This gives us a little buffer room.  If we invested our entire $5,000,000 but our target was only to make $5,000 then we have over exposed ourselves into the markets with a risk of losing $3.5 million if things turned to the worst. 

In this example, if we had $1.5 million of our $5 million invested, it means we have $5,000 coming in every month and we still have $3.5 million in our bank account.   This plan will free yourselves of anxiety, stress and Sudden Wealth Syndrome.  Of course, you still need to apply money management to the $3.5 million. 

Don't forget what I advised in a previous article to compound your profits for a few years, maybe 3 to 5 years.  So your investment account can grow and give you a buffer zone to handle any losses that may or may not occur.

So if your lifestyle target is higher then you'll need to raise those numbers as required, but keep in mind your targets should equate to the exchanged amount after RV.  You won't be able to live a Robin Leach's lifestyle if your exchanged amount was only $800,000.  Please apply all  your senses to your management of money, especially the greatest one, common sense.

Can you now see why it's important to determine your lifestyle first?  You're lifestyles can change and adapt, that's entirely up to you.  But your after RV lifestyle is directly connected to your investing.

Before we move on, something very important about Fixed Deposits, they are Guaranteed returns.  Unlike investment in the stock market or commodity market, fixed deposits are not a risky investment as they do not depend on fluctuating market rates.

 Investors can rest assured that their investments are safe and will be getting back a guaranteed amount at the end of the tenure.  Especially if the bank gives you a FREE toaster for signing up, right!  On a serious note, enter your fixed deposit amounts in the Low investment category of the Investment tab in my exchange planner.

Now, let's get into Plan B. 

What I am thinking and how I connect my precious metals to my Plan B, is like this.  The precious metals are a back up to my investments.  If the investments go bad, I won't replace the lost funds from my bank balance but from my precious metals. 

I would sell off the required amount in gold or silver to replenish my investment account.   The goal is to always have $1.5 million in that account, as per my plan.

Now, what I would do, is if I wanted to invest $1.5 million into the market, I would double that amount as my gold and silver purchase amount, meaning: If I wanted to invest $1.5 million I would purchase $3 million in gold and silver (combined), so what that means is my investing allocation combined with my precious metals would be $4.5 million. 

In the example above, if we only had $5 million after exchange then, of course, my precious metals budget would be bumped down or my lifestyle or both.  Another CEP plug: My exchange planner has a precious metals planning tab that can help you plan your budget.

My thinking here, is to offset and minimize my investing stress by having a fund (in my case, my precious metals) as a back up in case there are losses.  So I do not have to always worry, will I make money or not? 

If I lost money, my reaction would be, ok fine, I have a reserve fund option in place for that.  So then, I can go about enjoying my day and my life without having to worry deeply about that.

Going back to the issue of compounding, you may also want to consider compounding a different way and using the profits from your investing for the first 3 to 5 years as top ups to your precious metal purchases. 

So then, I would still invest my $1.5 million but the $60,000 earned per year I would use that amount to buy more precious metals and increase my Plan B, until I have the 1:2 ratio.  Remember this ratio is not written in stone, you can lower or higher the precious metals account as to what makes you feel comfortable.

Our target is to have a WORK-free and WORRY-free lifestyle.  You've all read about work-free lifestyles and I have even mentioned it above but I hope my article today has taught you the bases and importance of adding into that a WORRY-free lifestyle. 

You've got all kinds of options, you just got to start getting your plans down on paper and out of your head.  My Currency Exchange Planner was perfectly designed for this.

So with that note, I will end my article, I hope it has been of interest to you and your planning after the RV.

​God bless us everyone and may we all be part of the exchange process and what comes afterwards. Amen.

Thank you and I wish you all the success in your currency exchange.

Muhammad Ali

www.CurrencyExchangePlanner.com

The No. 1 Planning Tool for the Dinar community.

Available in Desktop PC/MAC and Mobile App (Android & IOS) versions

https://www.currencyexchangeplanner.com/article-22-precious-metals-plan-b