"Gold Standard Restoration Act" Would Peg Dollar to Gold at Fixed Price
."Gold Standard Restoration Act" Would Peg Dollar To Gold At Fixed Price
Smart Silver Stacker: 10-12-2022
US Representative Alex Mooney has proposed a piece of legislation in Congress referred to as the "Gold Standard Restoration Act"
This law calls for nothing less than the full disclosure by the US treasury and the Federal Reserve of all gold holdings, followed by the subsequent peg of the dollar to gold at a fixed price. The purpose of this legislation is tight the forces of inflation, but it doesn't seem very likely to me that this law is going to go anywhere soon.
Still, it is interesting to speculate as to what price gold would be pegged to the dollar at, and because of the massive amount of fiat currency that has been created since the end of Breton Woods in 1971, that peg price would likely need to be very high.
"Gold Standard Restoration Act" Would Peg Dollar To Gold At Fixed Price
Smart Silver Stacker: 10-12-2022
US Representative Alex Mooney has proposed a piece of legislation in Congress referred to as the "Gold Standard Restoration Act"
This law calls for nothing less than the full disclosure by the US treasury and the Federal Reserve of all gold holdings, followed by the subsequent peg of the dollar to gold at a fixed price. The purpose of this legislation is tight the forces of inflation, but it doesn't seem very likely to me that this law is going to go anywhere soon.
Still, it is interesting to speculate as to what price gold would be pegged to the dollar at, and because of the massive amount of fiat currency that has been created since the end of Breton Woods in 1971, that peg price would likely need to be very high.
In this video we take a look at existing reported gold holdings of the US government, along with the M2 money supply to arrive at the price needed to back up the dollar with gold today in 2022.
Video Breakdown:
00:00 The Dollar Has Been Backed By Nothing Since 1971
01:24 The God Standard Restoration Act
03:53 What Gold Price Would Be Needed To Back Up All The Dollars Existence WIth The US Gold Reserves?
Tavi Costa: "Has Gold Lost Its Safe Haven Status?"
.Tavi Costa: Has Gold Lost Its Safe Haven Status?
Palisades Gold Radio: 10-12-2022
Tavi believes we are witnessing an unprecedented economic environment. One with massive withdrawal of liquidity from central banks and developed economies.
Interest rates and bonds are collapsing across the entire curve.
The dollar's move up has also been relentless. What is occurring is unsustainable. Tavi discusses how the world's economies have fallen into three different categories. Labor markets are likely the next sector to be impacted, and it will be more severe than the Fed expects.
During the 1970s, after two years of high inflation, the labor market was hit hard. We may be seeing the beginning of this with jobless claims and layoffs. Savings rates are at historical lows, while mortgage costs are rising.
Tavi Costa: Has Gold Lost Its Safe Haven Status?
Palisades Gold Radio: 10-12-2022
Tavi believes we are witnessing an unprecedented economic environment. One with massive withdrawal of liquidity from central banks and developed economies.
Interest rates and bonds are collapsing across the entire curve.
The dollar's move up has also been relentless. What is occurring is unsustainable. Tavi discusses how the world's economies have fallen into three different categories. Labor markets are likely the next sector to be impacted, and it will be more severe than the Fed expects.
During the 1970s, after two years of high inflation, the labor market was hit hard. We may be seeing the beginning of this with jobless claims and layoffs. Savings rates are at historical lows, while mortgage costs are rising.
Things are likely to remain in a fragile state indefinitely. Tavi believes a blow off in corporate debt will be necessary to see a policy change by the Fed.
Credit spreads are still sub two percent. We have yet to see the risk of default be priced in the market. Many tech equities are near March 2020 lows, and there are likely to still be some big flushes in the market.
There is quite a bit of opportunity in resources given what is happening now. There is a lot of going against the oil markets today, and the economy is now in contraction.
Prices are reflecting tightness in the available supply. The energy sector has some good values and investors should consider holding a basket of commodities.
Value investors should also be looking for sectors that have a lot of negative sentiment. We've seen a secular decline in geosciences enrollment across the globe. This will affect natural resource companies. Gold continues to hold up quite well when compared with most sectors.
We're entering a different regime that favors tangible assets. Numerous correlations that used to be meaningful no longer work.
Developing countries like Brazil are performing better than the West.
Commodity led economies will be key in coming years as the balance of global power change.
Tavi cautions that a total breakdown in markets is coming and that impact everything.
Look for value and shift your portfolio as necessary. The buy the dip mentality which has worked in the past is probably a bad plan. Be careful with technical oversold indicators, as the fundamentals indicate a trend lower. Macro factors will likely be more important in the next phase of the global economy.
Time Stamp References:
0:00 - Introduction
0:49 - The Macro Picture
5:18 - U.S. Job Numbers
9:08 - Corporate Earnings
13:18 - Recession & Deficits
17:46 - Energy Thoughts
22:00 - Basket of Commodities
26:09 - Energy & Metals Cycles
29:30 - Producer Margins
37:32 - Correlations Breaking
41:36 - Silver & Price Spike
45:27 - Crescat Funds
49:17 - Wrap Up
Talking Points From This Episode:
► The global macro picture and why volatility will persist.
► Energy markets outlook and the importance of holding a basket of commodities.
► Patterns are shifting and many correlations are no longer useful.
► Protecting and building wealth in this environment.
Judy, Lynette and more....Wednesday AM 10-12-2022
.RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Wed. 12 Oct. 2022
Compiled Wed. 12 Oct. 12:01 am EST by Judy Byington
Global Currency Reset:
Fri. 7 Oct. 2022 ChipChat on Phil’s Live “Batter Up”: “By next weekend (Sat. 15 Oct. to Sun. 16 Oct.) we are to see a major public event take place. Once this event unfolds, things will begin to cascade at an alarming rate and we will move into the new QFS under NESARA.”
Mon. 10 Oct. Captain Kyle Live on Telegram: “The last week of Oct. to the first week of Nov. (Sun. 23 Oct. to Tues. 1 Nov. – three days of Disclosure in ten days of Shutdown) the Military will take over using the Emergency Broadcast System.
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Wed. 12 Oct. 2022
Compiled Wed. 12 Oct. 12:01 am EST by Judy Byington
Global Currency Reset:
Fri. 7 Oct. 2022 ChipChat on Phil’s Live “Batter Up”: “By next weekend (Sat. 15 Oct. to Sun. 16 Oct.) we are to see a major public event take place. Once this event unfolds, things will begin to cascade at an alarming rate and we will move into the new QFS under NESARA.”
Mon. 10 Oct. Captain Kyle Live on Telegram: “The last week of Oct. to the first week of Nov. (Sun. 23 Oct. to Tues. 1 Nov. – three days of Disclosure in ten days of Shutdown) the Military will take over using the Emergency Broadcast System.
Tues. 11 Oct. Bruce: “Tier 4B would be notified for their exchange/ redemption appointment setting tomorrow Wed. 12 Oct. There was a meeting today Tues. 11 Oct. at 3pm Reno time where they were deciding what time tomorrow to release the notifications.”
There were 120 countries (over 50% of the world currencies) on the verge of bankruptcy joining the BRICS Alliance nation states. Their peg to China provided the necessary guarantee to gold/asset-backed currencies. This amount of countries with their currencies joining BRICS Alliance was considered the death of the Central Bank and fiat US dollar – and only a Global Currency Reset could save our global economy.
Last week the Cabal (Chinese Communist Party/ Rothschilds/ Rockefellers/ Vatican/ Blackrock and DAVOS Group) lost a Coup to take over BRICS and the Global Currency Reset in which over half of the world’s currencies have shifted.
~~~~~~~~~~~~
Tues. 11 Oct. 2022 The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#
Tues. 11 Oct. Bruce: “Tier 4B would be notified for their exchange/ redemption appointment setting tomorrow Wed. 12 Oct. There was a meeting today Tues. 11 Oct. at 3pm Reno time where they were deciding what time tomorrow to release the notifications.”
In Reno Paymasters were getting their bond holders accounts paid into. They were looking for emails to get the codes that would give them liquidity.
Bond Holder liquidity, Tier4B notification and Tier 5 (the General Public) would all go at the same time.
The Admirals multiple groups have hydrated accounts that they can get access to.
You will have a Quantum Access Card that will get you into your Quantum Account so you can move funds to an interest bearing account.
The banks have lost their way to create income. There is no charge to move money anywhere. Interest rates will be far lower than now.
NESARA phase 5 (the payout phase) was entered into last Sat. 8 Oct.
Of the 406 different classes of bonds, some have been processed.
Tier 4B sets the rates for Zim platform trades. Those trades begin after Tier 4B finishes.
GESARA is to be announced within the next two weeks (by Sat. 22 Oct.).
On the ten days of Darkness: The only darkness that will happen will be in 90 counties where the Military were doing arrests.
There were 30 countries where their currency rates would go up in value.
The General Public would receive at the banks whatever the Forex rates were on the screen. Tier4B rates would be higher.
~~~~~~~~~~~
Judy Note: What We Think We Know as of Wed. 12 Oct. 2022:
The last week in October the Military will reveal all lies we have been living with over the Emergency Broadcast System.
Also in the last week in Oct. we expected to see various countries being taken over by their Militaries. Military Reserves/Army expected to be activated in the U.S, Canada, UK, EU, Iceland, South American, Mexico, African regions, Malaysia and over 80 other countries.
There has been a failed coup by the Deep State led by the Chinese Communist Party (CCP), to take over BRICS and the Global Currency Reset.
On Sun. 16 October the Chinese plan to announce their new political stance as a Republic.
Read full post here: https://dinarchronicles.com/2022/10/12/restored-republic-via-a-gcr-update-as-of-october-12-2022/
************
Courtesy of Dinar Guru
Frank26 The reforms are marching forward. The political crisis is now being stimulated by the UN...Jeanine [From the UN] told Kazemi...if he doesn't sit his government we're going to put them back into Chapter VII...In this case this will be a catalyst, a stimulus, booster rockets for the monetary reform. IMO Kazemi doesn't not want to start all over again. If he enters Chapter VII...that's a lot of steps he'd have to redo again... The people would tear the country apart. He wants peace. He doesn't want war. He wants monetary reform for the citizens.
Breitling Question: "What is the central banks's position on the government of Iraq?" They're fine with it...I keep telling people there's no difference between the Sunni and the Shia. They're definitely fighting for control. On how they treat the currency it's exactly the same and the evidence of that is that the CBI has never changed its policies. Ever.
Economic Collapse Plan Has Been Revealed. Everyone Must Prepare For The Crash - Lynette Zang
The Economic Truth: 10-12-2022
Lynette Zang has been the Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been at a certain level in the markets since 1964. She has been working as a banker, stockbroker and world currencies since 1987.
Bullion Gold vs. Collective Gold vs. Spot - Follow The Demand
Lynette Zang: 10-11-2022
Are you noticing spot gold (contract gold) getting whacked? We are told to buy treasuries because of how attractive the yields are. But that's a lie. They can create as much gold and silver that does not exist with those spot contracts. Let me show you the truth today!
Economists Views on Swiss Banks, Silver and Bonds Tuesday PM 10-4-2022
.Swiss Bank Falls, US Banks Next?
Heresy Financial: 10-4-2022
There's a lot of disagreement right now about the financial position and the health of Credit Suisse and whether or not they're about to fail and start taking down other banks with them and causing more and more problems.
So, I'm going to settle the debate for you and give you the answer on exactly the position that Credit Suisse is in right now and what people should be concerned about, how far things might go before somebody like a central bank steps in.
Swiss Bank Falls, US Banks Next?
Heresy Financial: 10-4-2022
There's a lot of disagreement right now about the financial position and the health of Credit Suisse and whether or not they're about to fail and start taking down other banks with them and causing more and more problems.
So, I'm going to settle the debate for you and give you the answer on exactly the position that Credit Suisse is in right now and what people should be concerned about, how far things might go before somebody like a central bank steps in.
SILVER ALERT! END GAME! Commercials are Long, Inventories Disappearing, Huge Premiums!!
(Bix Weir) 10-4-2022
EVERYTHING is screaming End Game now in the Silver Markets! From the huge decrease in Silver Inventories, to the Huge premiums on retail silver, to the lack of COMEX deliveries to the most important thing to watch...THE COMMERCIAL SILVER TRADERS ARE NOW LONG SILVER!!
PS - The UN is now demanding PRICE CONTROLS! ...not with a Bang but a Whimper.
GLOBAL BOND YIELDS CRATER! The Stage Is Set And Central Banks Are Buying It All.
Greg Mannarino: 10-4-2022
Why China May Soon Reveal "Astounding" Gold Reserves
.Why China may soon reveal “astounding” gold reserves
By H’enry Chia: On Sep 14, 2022
An intriguing pattern of price moves in global gold markets has cleared the way for China to hoard an enormous amount of the precious metal, according to veteran analyst and trader, Francis Hunt.
“If you look at 30-40 years, the gold chart on the New York session rolls over like a payment curve on a mortgage, and on the Asian session it goes absolutely parabolic and we end up with the net paper gold price which is the aggregated of the two.
“The gold is going from west to east and this is essentially a discount window in my opinion that is being held open and as a result they have a manufactured gold window – they (China) are the biggest providers and the biggest importers.
But why is China hoarding gold?
Why China may soon reveal “astounding” gold reserves
By H’enry Chia: On Sep 14, 2022
An intriguing pattern of price moves in global gold markets has cleared the way for China to hoard an enormous amount of the precious metal, according to veteran analyst and trader, Francis Hunt.
“If you look at 30-40 years, the gold chart on the New York session rolls over like a payment curve on a mortgage, and on the Asian session it goes absolutely parabolic and we end up with the net paper gold price which is the aggregated of the two.
“The gold is going from west to east and this is essentially a discount window in my opinion that is being held open and as a result they have a manufactured gold window – they (China) are the biggest providers and the biggest importers.
But why is China hoarding gold?
China Gold reserves to be revealed in Central Bank Digital Currency announcement that threatens U.S. currency hegemony
On State of the Markets, Hunt said he believes all will revealed upon the launch of a new Central Bank Digital Currency.
Many have long predicted the extensive research and development being conducted by China and its geopolitical allies will result in a Central Bank Digital Currency that will become a real threat to the dominance of the USD.
But could China and its allies be about to surprise the world by backing its digital currency by physical gold?
Hunt believes so, and he thinks it could happen within months amidst the chaos of the energy crisis.
“Russia and China – for credibility because this will be a new system – how will they be different? Everyone will be very jaded on Government-based monetary systems after the problem, reaction, solution. We are working our way into the final mega-problem to hit us, the northern hemisphere winter (and energy shortage).
“How do you get people to show confidence in a new system if you are the BRICs (Brazil, Russia, India, China and South Africa)? Well, you’re going to resort to something that’s timeless, that’s physical, and China’s already been stacking as America’s been holding open the discount window for the Asians to move it over.
“I would expect a major announcement of Chinese gold holdings that would astound most analysts would probably be accompanied with any Central Bank Digital Currency release and mention of gold backing.
“As the Russian ruble microcosm has already showed by utilizing oil and gold – having going from $160 back down to $60 after that blow-off event. How did Russia deal with their blow-off crisis at $160 USD ruble? Hey, we’ve got resources, we’ve got gold… Next thing you know, back down at $60.
“Both Russia and China have known they must de-dollarize for some considerable time, which is why both have been so steadily increasing their gold holdings,” said Frisby.
Read full article here: https://www.asiamarkets.com/why-china-may-soon-reveal-astounding-gold-reserves/
Seismic SHIFT: Defacto GOLD STANDARD Is Here
.Seismic SHIFT: Defacto GOLD STANDARD Is Here | Matthew Piepenburg
Liberty and Finance: : 8-25-2022
While the U.S. dollar is at multi-decade highs, there is a sea change happening behind the scenes that spells disaster for the dollar.
Countries are moving away from using the dollar in trade. In some cases, the petro-dollar standard is shifting to a defacto petro-gold standard.
Matthew Piepenburg, commercial director at Matterhorn Asset Management, joins us to discuss.
Seismic SHIFT: Defacto GOLD STANDARD Is Here | Matthew Piepenburg
Liberty and Finance: : 8-25-2022
While the U.S. dollar is at multi-decade highs, there is a sea change happening behind the scenes that spells disaster for the dollar.
Countries are moving away from using the dollar in trade. In some cases, the petro-dollar standard is shifting to a defacto petro-gold standard.
Matthew Piepenburg, commercial director at Matterhorn Asset Management, joins us to discuss.
Economists Veiws on "BRICS, Gold Standard, and Economic Collapse" 8-24-2022
.Russia's New BRICS Gold Standard Could End Gold & Silver Price Manipulation
Smart Silver Stackers: 8-23-2022
This week the Russian finance ministry announced a proposal of a new Moscow World Standard (MWS) for precious metals. The stated aim of this proposal is to "normalize" precious metals markets, and end precious metals manipulation by the LBMA.
So far it remains unclear exactly how this new standard will be implemented, but among the ideas being discussed is backing the new BRICS reserve currency with precious metals, and fixing the price of gold, and possibly silver and other precious metals as well, in this new currency.
Should the new BRICS currency be genuinely backed by metals, that would make it a much for viable threat to the Dollar's status as the premier world reserve currency.
Russia's New BRICS Gold Standard Could End Gold & Silver Price Manipulation
Smart Silver Stackers: 8-23-2022
This week the Russian finance ministry announced a proposal of a new Moscow World Standard (MWS) for precious metals. The stated aim of this proposal is to "normalize" precious metals markets, and end precious metals manipulation by the LBMA.
So far it remains unclear exactly how this new standard will be implemented, but among the ideas being discussed is backing the new BRICS reserve currency with precious metals, and fixing the price of gold, and possibly silver and other precious metals as well, in this new currency.
Should the new BRICS currency be genuinely backed by metals, that would make it a much for viable threat to the Dollar's status as the premier world reserve currency.
ECONOMIC COLLAPSE! Just When You THOUGHT In Can't Possibly Get Worse... IT DOES.
Greg Mannarino: 8-24-2022
Holly, Judy and more....Wednesday AM 8-24-2022
.Wednesday Thoughts From Holly:
You are now beginning to witness the chess pieces take their final moves before the world truly learns the truth about what has been going on.
We live in times that will be spoken about for thousands of years.
Do not fear what is happening.
There will be no more war, no agendas, and no more manipulation of our minds.
The world will be cleansed and peace will reign throughout all nations on Earth!
Humanity will prevail.
Wednesday Thoughts From Holly:
You are now beginning to witness the chess pieces take their final moves before the world truly learns the truth about what has been going on.
We live in times that will be spoken about for thousands of years.
Do not fear what is happening.
There will be no more war, no agendas, and no more manipulation of our minds.
The world will be cleansed and peace will reign throughout all nations on Earth!
Humanity will prevail.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 24 Aug. 2022
Compiled Wed. 24 Aug. 2022 12:01 am EST by Judy Byington
Tues. 23 Aug. 2022 The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#
Yesterday afternoon Mon. 22 Aug. all five branches of our Military were called out.
A well informed source said there should be coming a disclosure (which could be the overturning of the 2020 Election), after which we will go to a Emergency Alert System, and then to Martial Law in 71 cities. Tier 4B should go after that.
John Q Public were to start on the 23rd or 24th. That could still be in play.
The Bond Holders can see the money in their accounts, but do not yet have access. They think they will get the access codes by email tomorrow Wed. 24 Aug. around 11:00 am EST. They will get 1% Liquidity of their total.
Zim Holders will get 1% of their total for the first 30 days and then 9 more tranches of 11% of their total every 30 days (or as needed) for ten months thereafter.
Currency Exchangers will have access to their total at their appointment.
~~~~~~~~~~~~~
End of the Petro Dollar: Cyrus Janssen: Xi Jinping Visits Saudi Arabia… What’s Next for US Dollar? https://dinarchronicles.com/2022/08/21/cyrus-janssen-xi-jinping-visits-saudi-arabia-whats-next-for-us-dollar/
Read full post here: https://dinarchronicles.com/2022/08/24/restored-republic-via-a-gcr-update-as-of-august-24-2022/
************
Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is back on the news. They're saying the reserves will be over $92 billion by the end of the year...we believe it's a lot higher. We keep hearing this from the CBI so those numbers are being frozen. FRANK: ...The education of the monetary reform is being expressed to you successfully...Why would you have 3x to 5x the amount [of reserves] you need to cover your currency and still have a programed sanctioned rate? Of course not...And look who's telling it to you. The leaders. These are the best of times for your country.
Mnt Goat No! The RV did not yet happen and Iraq still continues with the election saga to form their government. One bit of good news is the leader of the Sadrist movement, Muqtada al-Sadr, suggested, earlier on Saturday, to conduct a debate and a live broadcast with all political parties...Hanan Al-Fatlawi, announced... Sunday, the acceptance of the debate...If Sadr can clean out enough of the corrupt, if not all of them, and expel Iran out of their politics once and for all, you will see Iraq flourish.
The Public Will Be SHUT OUT Of Gold & Silver | Andy Schectman
Liberty and Finance: 8-23-2022
"By the time the herd catches on the insiders are probably already moving in the other direction," says Andy Schectman, CEO & president of Miles Franklin Precious Metal Investments. The COMEX 50-day average rate of gold withdraws just hit a new record high. The wealthy are now taking delivery of physical precious metals. The big money and insiders are making their moves early, but at the end, "the public will just be shut out," says Schectman.
Inflation Reduction Act 2022: Can They Put The Genie Back In The Bottle?
Lynette Zang: 8-23-2022
We have entered a new, extremely dangerous phase in this trend cycle with the Fed's fight against inflation and the Inflation Reduction Act now into law. It’s going to get really interesting out there.
Bix Weir, Greg Mannarino and Mike Maloney Tuesday PM 8-23-2022
.Bix Weir
ALERT! Silver is Down 30% in 2 Years BUT the USA Printed 50% More Fiat Money! Here's HOW!
8-23-2022
2 years ago Silver was about to break the $30/oz barrier and run towards $50 due to the USA printing too much MONEY!
Since then the USA has created $6Trillion but the price of Silver (the most important monetary metal) has dropped by 30%!!
Let's see the regulators explain that one!
Bix Weir
ALERT! Silver is Down 30% in 2 Years BUT the USA Printed 50% More Fiat Money! Here's HOW!
8-23-2022
2 years ago Silver was about to break the $30/oz barrier and run towards $50 due to the USA printing too much MONEY!
Since then the USA has created $6Trillion but the price of Silver (the most important monetary metal) has dropped by 30%!!
Let's see the regulators explain that one!
(No Accident). WE ARE WAY BEYOND A RECESSION... Expect A SEVERE DEPRESSION To Hit HARD.
Greg Mannarino:
Alarming Data: USA vs China Gold Accumulation
Mike Maloney: 8-23-2022
Join Mike Maloney in this preview of his recent Insiders presentation. This short segment was cut to give you a glimpse of the alarming data around gold flows.
"The End of the Paper Gold Market?" by Tom Luongo
.Tom Luongo: The End of the Paper Gold Market?
Palisades Gold Radio: 8-19-2022
Tom welcomes back the other Tom to the show. Please welcome, Tom Luongo producer of the Gold's Goats and Guns blog and podcast. Tom is also an editor at Newsmax and a regular contributor to the Financial Intelligence Report.
Tom explains how Russia's operation in Ukraine has been fairly impressive given the minimal amount of forces they have allocated. Russia is fighting a fairly inexpensive artillery war, and Ukraine is a huge country.
Russia wants to leave Ukraine in a position where they are incapable of threatening them again. Much of Eastern Ukraine is historically Russian. Ukraine has been outlawing the Russian language to create conflict since 2014.
Tom Luongo: The End of the Paper Gold Market?
Palisades Gold Radio: 8-19-2022
Tom welcomes back the other Tom to the show. Please welcome, Tom Luongo producer of the Gold's Goats and Guns blog and podcast. Tom is also an editor at Newsmax and a regular contributor to the Financial Intelligence Report.
Tom explains how Russia's operation in Ukraine has been fairly impressive given the minimal amount of forces they have allocated. Russia is fighting a fairly inexpensive artillery war, and Ukraine is a huge country.
Russia wants to leave Ukraine in a position where they are incapable of threatening them again. Much of Eastern Ukraine is historically Russian. Ukraine has been outlawing the Russian language to create conflict since 2014.
The visit by Pelosi to Taiwan was intentional to gauge the response by China. China's response was limited, and cooler heads seem to have prevailed. The U.S. appears to be taking a similar approach to that of Ukraine, as to gradually build up pressure on China.
Tom believes there is a confluence of events happening in late September. There will be referendums in liberated parts of Ukraine to become part of Russia.
The FOMC is meeting in late September and quite likely will bring a surprise rate hike. There are also elections in Italy which may take them out of the European Union. Tom explains the geopolitics between Europe, the United Kingdom, and the United States. American influence in Italy has been putting pressure on them to leave the union.
The U.S. banking system has largely isolated itself from the impacts of the European system. U.S. banking interests appear to be in direct conflict with old European interests. There is no need for commercial banks under Davos desire for Central Bank Digital Currencies. These currency systems will give those that in charge an abundance of control.
The E.C.B. is capable of going bankrupt, unlike the Fed. The Euro is badly designed, perhaps intentionally. The E.C.B. needs a higher gold price because that's the only asset on their books that has value. By raising rates, the Fed can force a sovereign debt crisis on Europe.
Basel III rules are all about doing away with the derivative paper markets to improve the physical spot market. The Fed doesn't want the dollar compromised by higher gold.
Tom believes the Fed will eventually bring rates up to six percent. There will be massive capital flows into the United States. Europe is going to have major problems, and with any luck, the Davos crowd will soon be gone.
Try and be flexible and keep in mind how the state of the game can change. The goal is survival as these giants play, and gold is just a part of that equation. We all want to get through this the best way possible.
Time Stamp References:
0:00 - Introduction
1:50 - Russia's Objectives
9:36 - Eastern Ukraine
14:53 - Taiwan & Pelosi
18:45 - A September Confluence
22:58 - European Politics
30:25 - U.S. Vs. Davos
35:15 - CBDC's & Control
44:00 - Capital Flight & Gold
50:00 - U.S. Bank Isolation
1:00:08 - Fed, Debt & Gold
1:07:48 - China & the CCP
1:10:37 - Ind. Metals & Inflation
1:13:02 - Confidence Wars
1:17:40 - The Goal is Survival
1:22:35 - Wrap Up
Talking Points From This Episode: - Russia's goals in the conflict with Ukraine. - Multiple events are going to make September an interesting month. - U.S. Banking interests, the dollar, rates and the impact on European interests.
Economists Views on Stock Market Crash, Silver and the Bear Market 6-15-2022
.Stock market crash - Stock Market Carnage Begins, the fed just crashed the market
Silver Report Uncut: 6-14-2022
Stock market - experts warn stock market needs time to recover.
White house correspondent peter doocy questions the white house press secretary about the stock market sell-off and state of the u.
Aussie share market plunges, socceroos qualify for world cup after thriller match | 9 news australia.
Money mitch will bring on stock market expert opinions to bring you the stock market commentary you need to stay in the edge!
Stock market crash - Stock Market Carnage Begins, the fed just crashed the market
Silver Report Uncut: 6-14-2022
Stock market - experts warn stock market needs time to recover.
White house correspondent peter doocy questions the white house press secretary about the stock market sell-off and state of the u.
Aussie share market plunges, socceroos qualify for world cup after thriller match | 9 news australia.
Money mitch will bring on stock market expert opinions to bring you the stock market commentary you need to stay in the edge!
Shocking Changes In SILVER Market Ahead ! | Andrew Maguire & Bill Holter Silver Price Prediction
Investors Hub
Shocking Changes In SILVER Market Ahead ! | Andrew Maguire & Bill Holter Silver Price Prediction
The Bull Market Is Dead. The Bear May Live Long. - Ep 819
Peter Schiff: Jun 14, 2022
· Dow is now the only major index not in a bear market.
· Bitcoin and Ethereum have a Black Monday.
· Highest inflation in US history will be game changer for dollar and precious metals.