Wealth Transfer
.Wealth Transfer
The Final Wake Up Call By Peter B Meyer
Once In A Lifetime Opportunity
More than any other time in history, people can exponentially increase their standard of living during this upcoming collapse, without being exposed to great risk. Normally the precious metal community’s wisdom says that gold and silver are not investments, but rather they are wealth insurance. While this has always been true in history, there also were brief moments where gold and silver have been simultaneously the safe haven and the best performing investments, achieving truly massive gains in absolute purchasing power.
The wealth transfer that is now upcoming is set against the backdrop of global imbalances that dwarf any that came before. But this one is in combination with the fact that all world currencies are fiat which are exhibiting signs of expiration and death. This is an incredibly unique situation never seen before in history.
It is probably a once in a lifetime occurrence of all of humanity’s existence, an opportunity that may never occur again. The coming wealth transfer will be of a magnitude that the world has never witnessed. Buying physical precious metals is rapidly becoming acknowledged more widely as an investment that will benefit you and your offspring in the future.
Some Clear Thinking On Gold At Its All-Time High
.Some Clear Thinking On Gold At Its All-Time High
Notes From The Field By Simon Black August 3, 2020 Bahia Beach, Puerto Rico
For as long as I can remember, I’ve been a fan of Bruce Lee. I was probably about four years old when I first watched one of his movies. And I was instantly hooked. The guy was legendary.
As a teenager, I learned more about how he lived, and I began to admire his tenacity, discipline, and relentless pursuit of self-improvement… qualities that I endeavored to attain. I remain a fan to this day. In fact there’s even a Bruce Lee mural on the wall at our office in Chile.
So when I had the opportunity to purchase some of Bruce Lee’s artwork a few years ago-- sketches that he drew with his own hand-- I jumped at the chance. It cost me around $8,000… but it was the best money I ever spent. I had it professionally framed and hung in my home, and it’s probably my most prized possession.
Overcoming Financial Obstacles To Investing In Gold And Silver
.Overcoming Financial Obstacles To Investing In Gold And Silver
July 9, 2020 Investing Precious Metals
So far, we’ve unpacked the top two most frequently cited objections highlighted by recent research: 1) the investor is taking time to consider an investment proposal currently in hand, and 2) the investor is still in the initial research phase of his or her precious metals exploration.
The third most common reason given has to do with the price of gold. Specifically, investors cite objections such as not having "enough" money for gold and wanting to “time the market” by waiting for the price of gold to drop.
Below, we’re teasing out the nuances of these topics and providing what we hope will be helpful insights for anyone else who may be grappling with the same trepidations in their investment journey. Read on to learn more!
Money Creation Inflates Gold
.Money Creation Inflates Gold
July 16, 2020 Economy Gold Investment
On the surface it may sound encouraging to cash-strapped Americans that more currency is being created on their behalf. The thought being, that if more money is created, perhaps more of it will come their way. The Treasury Secretary, Steve Mnuchin is currently working on a plan with the Senate, to get additional stimulus payments authorized by the end of July. These funds would be distributed to Americans, in addition to those already distributed, to help relieve financial stresses related to the COVID-19 pandemic. All too often however, money created to help has the opposite effect because of the inflation often created with the additional currency.
Projection Review
In our “Precious Metals Outlook 2020” presented in October 2019, we told you about the recession likely to arrive in 2020, before COVID-19 had even materialized. We also recommended holding onto Gold and Silver, but to consider selling Platinum and Palladium by year end, and look for opportunities to repurchase them during the 2020 recession. The tables turned markedly, once the recession started in February.
Where Does The Price Of Gold Go From Here?
.Where Does The Price Of Gold Go From Here?
July 30, 2020 Economy Precious Metals
With the recent rise in precious metals prices to record levels in Dollar terms (in the case of Gold), many are wondering what is ahead. Specifically, Gold’s previous record spot price in Dollar terms was reached on September 6, 2011, at $1,921.41.
As you have likely heard, Gold went higher in nominal terms this week. It is currently (at the time of this writing) at a spot price of $1,954.89, and has been fluctuating daily in an overall upward trend the last few years. Some are calling this a speculative top, implying a correction is overdue.
While decisions to sell are entirely personal and based upon individual circumstances, there are several conditions that support a continued rise in precious metals. Mild corrections are normal, even in a climbing market. It is my opinion that we are not likely seeing a peak now, but rather a period with new types of momentum, gathering steam for the years ahead.
Gold As Money Is Ancient Wisdom
.Gold As Money Is Ancient Wisdom
The Final Wake Up Call By Peter B Meyer
No Turning Around
Real money is based on natural characteristics, such as the fact that it is intrinsically valuable, durable, divisible, uniform, portable, scarce, and broadly accepted; these characteristics are essential for a medium of exchange to become an honest standard of widely accepted payment, which isn’t the case with today’s Central Banks debt-currencies.
Everything costs money – lockdowns, bailouts, and boondoggles, too. – Yahoo! Finance reports that consumer spending is back to where it was before the pandemic: But there’s a big difference. Before the pandemic, consumers were spending money they had earned. In June, they were spending money with a fuse attached.
In the US and the EU over 80 million people are collecting unemployment benefits. About two-thirds of those are getting more money from not working than before they earned on the job.
Gold Soars To All-Time High As Dollar Dive Boosts Safety Rush
.Gold Soars To All-Time High As Dollar Dive Boosts Safety Rush
By Brijesh Patel
(Reuters) - Gold surged to record highs on Monday as an intensifying U.S.-China row and a weaker dollar sent investors scurrying to the safety of bullion to hedge against the risks to a global economy already reeling from the COVID-19 pandemic.
Spot gold rose 1.7% to $1,934.06 per ounce by 0802 GMT after hitting a record high of $1,943.93. U.S. gold futures gained 1.7% to $1,929.40.
Silver too joined the rally, jumping 5.5% to $24, after hitting its highest since September 2013 at $24.36.
No Surprise: Silver Is One Of The Best Performing Assets In World
.No Surprise: Silver Is One Of The Best Performing Assets In World
Notes From The Field By Simon Black July 20, 2020 Bahia Beach, Puerto Rico
Sovereign Man is a little over 11 years old. And when we started this business, silver was worth $13 per ounce at the time. My philosophy then, just like today, is that precious metals hold their value over the long-term. But back then, there was one key indicator that told me an investment in silver could pay off fairly quickly.
In 2009, silver was trading at a ratio of over 70:1 to gold, meaning 70+ ounces of silver was worth 1 ounce of gold. A ratio of 70 was considered quite ‘expensive’; over the last century or so, the ratio has historically hovered around 50:1, i.e. one ounce of gold was generally worth 50 times an ounce of silver.
And back in ancient times, the ratio was closer to 15:1.
Federal Reserve: Everything is fine. Just like in 2008
.Federal Reserve: Everything is fine. Just like in 2008
Notes From The Field By Simon Black July 9, 2020 Bahia Beach, Puerto Rico
It’s nothing but rosy news coming from the Federal Reserve.
Recently the Fed released this reassuring statement:
“The banking system remains well-capitalized under even the harshest of these downside scenarios. . .”
In other words, everything is just fine.
Yet at the same time, the Fed also announced that it would impose restrictions on bank dividends and stock buybacks, essentially preventing banks from passing along their profits to shareholders.
If those two statements strike you as completely contradictory, you’re right.
Gold Market Manipulation and The Federal Reserve
.Gold Market Manipulation and The Federal Reserve
FX Empire Kelsey Williams June 29, 2020
Gold Market Manipulation and The Federal Reserve
Assertions are made that the manipulation takes place in a shroud of secrecy; and the unexpected lower prices for gold, or prices that don’t meet wildly bullish expectations, are cited as evidence of conspiratorial activity.
The claim is made that the price of gold would be much higher if this manipulative trading activity were exposed, acknowledged, and prohibited. But…
ALL MARKETS ARE MANIPULATED
Silver Readies For Biggest Monthly Gain In Nearly 7 Years
.Silver Readies For Biggest Monthly Gain In Nearly 7 Years
May 22, 2020 By Myra P. Saefong
Silver’s rise may be ‘overdone’: analyst
Silver futures have climbed by 50% from their March settlement low AFP/Getty Images
Referenced Symbols SIN20 +1.87% GCM20 +0.74%
Silver has far outperformed gold so far in May as improving demand has set the metal up for its biggest monthly percentage climb in close to seven years.
“Silver has a well-documented habit of coming late to gold’s party, only to then dramatically outperform the yellow metal,” said Brien Lundin, editor and publisher of Gold Newsletter.
The most-active July contract for silver futures SIN20, +1.87% settled at $17.693 an ounce on Friday. It trades about 18% higher month to date, which would mark the strongest monthly percentage climb for a most-active contract since August 2013, according to FactSet data.