When oil prices take out the 2008 high of $147 they will surge.
Historically you could buy, 10 to 12 barrels of oil with an ounce of gold.
Today, you can buy 77 barrels of oil with an ounce of gold.
When that reverts, it would suggest that the price of a barrel of oil should be more like $300.
When oil prices take out the 2008 high of $147 they will surge.
Historically you could buy, 10 to 12 barrels of oil with an ounce of gold.
Today, you can buy 77 barrels of oil with an ounce of gold.
When that reverts, it would suggest that the price of a barrel of oil should be more like $300.
It's important to have at least some assets that can NEVER be seized.
Any financial accounts held by banks, brokers or any third parties are vulnerable if you face lawsuits, divorce or investigations.
Trump spoke about how well the stock market's doing in his State of the Union address last night.
But when you measure it in a currency that can't be printed out of thin air, you see what's really going on.
Measured in gold, the Dow peaked at 44.22 in 1999 and is currently at 9.54, an almost 80% decline!
Fiat currencies are dying, and all are headed back to their intrinsic value - zero.
It could happen quickly, as they're only held up by confidence, which can vanish in an instant.
That's why it's so important to act immediately protect your assets.
Asset protection is not about hiding money.
It’s about making yourself so difficult and expensive to sue that lawyers don’t even try.
An offshore trust is the ultimate "Do Not Touch" sign. 🛑
You should own assets that the government doesn't want you to have. Assets that can't easily be stolen, like gold and silver, held in non-bank locations, and privacy coins, held outside exchanges.
Anything left in the custody of others, like banks, exchanges and brokers, can easily be seized.
Oil is substantially undervalued compared to gold.
100 years ago, you could buy 12 barrels of oil with an ounce of gold. Today you can buy 75 barrels.
Oil's all-time high was back in 2008 at $147. This will be exceeded in the not-too-distant future.
Governments hate gold because they can't control it.
When they print money, they are diluting your savings to pay for their own stupid schemes. It's a hidden tax that nobody voted for.
Gold is the only asset that forces the state to live within its means.
That is exactly why they abandoned the Gold Standard: They wanted the freedom to steal. 🚫🏦
$5000 gold isn't the story. The collapse of society is.
Gold is the only honest report card on the parasite class of politicians and and bureaucrats destroying society and our money. They are failing.
The Theft in Numbers: In 2000, an average week of work was worth 1.74 oz of gold.
Today? You work the same hours for just 0.31 oz.
That is an 82% theft of your value in 25 years.
Everybody feels the squeeze, but few realize: Prices aren't going up. Fiat money is dying.
Austrian economist Ludwig von Mises said:
"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
We're going to see what he meant soon.
@TateTheTalisman It's a huge mistake to keep any assets in the UK.
They will always be at risk of seizure unless you're a member of the parasitical elite class like Rayner.