I like learning from people who understand our financial system. There are many opinions, so by listening to the best, the answer is there between them!
@simonateba@JoeBiden Well if he does win you will undeniable proof that are elections are corrupt., rigged, and controlled by the super elite and probably the CIA
Peter with the Iran peace deal in place and with reopening of the oil flow bringing down the price of oil do you think Central Banks will start buying gold again at these low prices making the summer months an unusual gold purchasing time period?
The US secretly approved a financial and maritime arrangement between Qatar and Iran, under which billions of dollars were paid to Tehran in exchange for free passage for Qatari tankers and ships through the Strait of Hormuz, three diplomatic officials now confirm.
This was a deliberate and conscious course of action by the US administration, which allowed its navy to turn a blind eye to the arrangement, in complete contradiction of its declared policy. The move was intended to ease the crisis in global energy markets and curb rising oil prices.
https://t.co/xDCmqWLT3B
@jenbenwoods@profitsplusid Gold is definitely going up the U.S dollar is in trouble. Fed is printing money right now at $40 billion a month to buy the long term bonds 10yr, 20yr and 30yr bonds. They have to keep the 5yr bond below 5% or the debt interst payment will end up eating half of our tax revenue.
Jon, my question to you is by leasing my gold to you from anywhere from 6 to 10% yield I am now entering into an agreement with 2 extra third parties. Monetary Metals and whoever you decide to fund in the mining sector. It seems quite risky when I can just sit only on physical gold and silver in my possession with no third-party risk. As far as I'm concerned, and so are a lot of other people this is the final leg of the Fiat money system. Eastern countries Central banks are loading up on gold for their reserve assets and these countries serve 80% of the 8.5 billion people on this earth. The Western countries and its politicians just keep spending more money on nonsense pet projects to get reelected, which in turn just keeps putting us further into debt. As it is now we are collecting $5 Trillion in revenue and paying $1.5 trillion an interest. The Fed held Interest as it did last week which shows they are worried about inflation. And the cries from President Trump for lower interest rates, which he will get with his new Fed Chairman takes office in May but with inflation even higher and since The Fed only controls the short end of the interest rates what happens when they are forced to raise the short end of the curve with all debt being placed in short term T-Bills our interest rate will explode along with our country's interest. You think $1.5 trillion is bad, how about $2.5 trillion an interest on $5 trillion in revenue which will be highly unlikely in a weak economy. President Trump does have one thing right: get as much manufacturing as you can back to the U.S.. However what he is failing to leave out is by the time he gets all that manufacturing back to the U.S. it will be run by AI including robots causing a massive unemployment the problem being who knows how our congress will take probably years to agree but UBI is coming down the road for the Upper middle class, and the rest of the middle class. The poor will always be poor because we need them to do the dirty jobs no one else will, but there is one bright spot the more productive AI becomes the more profitable the corporations become which will allow the U.S. Government to tax the corporations huge amounts of money to distribute UBI to everyone except the top 10% who won't need it. My concern for this theory is what do all these people on UBI do with all their free time. Knowing human nature, it will lead to chaos and 10 years from now the great singularity will be announced but it's already starting to show. Do we end up in a war with the computers we created that can track everything we do and do better to have physical silver and gold outside of the system. The fiat monetary system is finally coming to an end and all countries are bankrupt. There will be a new monetary reset with gold backing and maybe even silver for the smaller transactions. The East is now firmly in control as we continue to debase the currency by spending money we don't have. The best we can hope for is 2 global currencies one for the East and one for the West. How that works I'm not too sure because at least 6.5 billion people all trade on the other side of the world and the 2 billion people in the West and that's being generous and they will also be spending money in the East. Gold and Silver days are over as being pushed around by bullion banks they will eventually find their true price after being manipulated for the last 40 years and it will be an enormous push higher. Yes there will be a lot of volatility on the way but eventually gold will have to settle between $20k and $30K maybe even more and silver will follow as the middle-class asset for everyday purchasing. So I say buy all your physical silver and gold from a local coin dealer for under $10,000 in cash because they do not have to report those purchases to the government. The same goes for when you sell your gold and silver back and keep it under $10,000, which the dealers don't have to report either. Hide it in your house or family members house or depending on how much you have multiple family members houses if you feel you can trust them. Do not under any circumstances put your money in a safe deposit box where the bank could take your gold legally in a Bail-In which was approved by congress after the 2008 bailout. The government didn’t want that responsibility anymore. So when you deposit your money in a bank now such as a savings account or checking account or even a CD you are loaning that bank money it no longer belongs to you it belongs to the bank, and you are at the bottom of the creditors’ list and will probably never see your money again. And as for you rich folks don't think your gold and silver are safe at the private vaults you pay with massive security. Remember in desperate times the U.S. does have the biggest military in the world and what could heavily armed security do to the U.S military if they wanted all that gold in your so-called independent vault. Because inflation is sky high or we have entered a very serious war where paper money is no good anymore. Say goodbye to your precious metals.
Richard Hanley
@GeorgeGammon George do you think the Bullion bank are pounding silver so the U.S. can aquire silver since it's now a critical mineral or the Bullion banks are too short or both? Rick
@SchiffGold@PeterSchiff Peter do you think the Bullion bank are pounding silver so the U.S. can aquire silver since it's now a critical mineral or the Bullion banks are too short or both? Rick your old neighbor from Stamford.
@PeterSchiff If the economy is so great than why 158,000 lay offs in October. Which happens to be the largest monthly unemployment number in 22 years. Gold has doubled in year which means the U.S. currency has lost half its purchasing power. The price of gold isn't going up the dollar down
@levenson_david@GeorgeGammon@YouTube I am not asking for advice just coming down puts pressure on the dollar rising please. In no way anything you say to me I take as advise.
There is very good reason for David Jeremiah to focus on end time prophecy because all the signs Jesus talked about are for the first time in history possible. Now I know every generation has found some reason to believe that there generation was in the end times. But it really hasn't been possible until today. I am not saying it will happen in our generation but all the signs are here and are possible to implement. Signs building up to the Tribulation the word of God will be spread throughout the whole world in every nation and in every language, not one person will not be able to access the word God. True today but know other time in history. The internet has made that possible, also world travel has also made that possible for missionaries. Also that brings us to another prophecy of end times many people will travel too and fro, international airplane travel didn't become common until 1960's. Now over a billion people year travel internationally. I'd say that fits with many people traveling too and fro. What we call climate change Jesus Christ called more and stronger disastrous storms, volcanoes and earthquakes. This has been especially true in the 50 years warming temperatures, higher sea levels, the polar ice caps switching positions, giant glaciers melting adding massive amounts of water to our oceans. I would be very surprised if Key West Florida and Miami Florida will still be here in 50 years. As it is right now they can't even handle a rain storm without a large portion of the cities being flooded. What happens when a hurricane eventually hits those 2 counties. The last one I will bring to your attention is that Jesus says the whole world will be able to see the 2 witnesses of End Times anytime they want, welcome to Facebook live. Sorry I forgot the biggest one digital money Central Bank Digital Currencies which gives Satan exactly what he needs to be able to cut people off from being able to purchase anything without taking the mark of the beast. Oh and if you read Ezekiel chapters 38 and 39 that could be happening as we speak with Iran and Israel. Like I said in the beginning the end times might not be right now but with AI added I would say we're not looking at more than 100 years.
Rick Hanley
There is very good reason for David Jeremiah to focus on end time prophecy because all the signs Jesus talked about are for the first time in history possible. Now I know every generation has found some reason to believe that there generation was in the end times. But it really hasn't been possible until today. I am not saying it will happen in our generation but all the signs are here and are possible to implement. Signs building up to the Tribulation the word of God will be spread throughout the whole world in every nation and in every language, not one person will not be able to access the word God. True today but know other time in history. The internet has made that possible, also world travel has also made that possible for missionaries. Also that brings us to another prophecy of end times many people will travel too and fro, international airplane travel didn't become common until 1960's. Now over a billion people year travel internationally. I'd say that fits with many people traveling too and fro. What we call climate change Jesus Christ called more and stronger disastrous storms, volcanoes and earthquakes. This has been especially true in the 50 years warming temperatures, higher sea levels, the polar ice caps switching positions, giant glaciers melting adding massive amounts of water to our oceans. I would be very surprised if Key West Florida and Miami Florida will still be here in 50 years. As it is right now they can't even handle a rain storm without a large portion of the cities being flooded. What happens when a hurricane eventually hits those 2 counties. The last one I will bring to your attention is that Jesus says the whole world will be able to see the 2 witnesses of End Times anytime they want, welcome to Facebook live. Sorry I forgot the biggest one digital money Central Bank Digital Currencies which gives Satan exactly what he needs to be able to cut people off from being able to purchase anything without taking the mark of the beast. Oh and if you read Ezekiel chapters 38 and 39 that could be happening as we speak with Iran and Israel. Like I said in the beginning the end times might not be right now but with AI added I would say we're not looking at more than 100 years.
Rick Hanley
@JeremySzafron@LawrenceLepard If my house is my biggest asset say 400k but I owe 150k when the Fed drops interest rates and starts printing money, would it be smart to take a home equity loan and buy gold before it runs?
@KitcoNewsNOW@JeremySzafron@LawrenceLepard My question for Lawrence would be if the Fed drops interest rates and they start printing money and your biggest asset is your house say 400k you owe 150k would it be smart to take a home equity loan and buy gold before a big run up?
Rick Hanley
@GreenJournal@headacheMD@MessoudAshina@And_Cipriani Dr. Monteith What's are your thoughts on why Ajovy would stop my throbbing, which stopped the enormous pressure in my head but did not stop the never-ending pain. It has become so bad that I can't take it anymore. I now have 5 AI diseases, all of which are inflammatory RickHanle