The 3 Layers of Financial Preparedness

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May 16, 2023

As our banking system implodes all around us, you may be wondering how on earth we can be financially prepared for the future in a world where our national currency is at extreme risk. While it’s easy to say, “Invest in precious metals,” it’s also important to know that PMs, while important, aren’t your first layer of financial preparedness.

In this article, I want to talk about how to layer your financial preparedness to help yourself through the tough days ahead. Keep in mind that you may not be able to delve into every single layer, and that’s absolutely fine – you have to prep for your unique financial situation just the same way you prep for your unique living situation. Being realistic is the key.

What Will CBDCs Mean for Gold?

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SGT

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May 7, 2024

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by Peter Schiff, Schiff Gold:

With the eventual introduction of central bank digital currency (CBDCs) now seemingly inevitable, there are a lot of directions central banks could take with their digital currency projects that would have dramatic implications for the price of gold.

Touted for their “convenience” and “efficiency,” the endgame of digital currencies is not only achieving greater power over the currency but also a means of surveilling and micromanaging the personal finances of each individual. Owe taxes or a parking ticket? It could be automatically deducted. Does the Fed think it needs to cool inflation? Deduct money straight from people’s accounts, or impose a daily spending limit. The possibilities for control and profit are endless, and too tempting for control freak bureaucracies and amoral tech companies to ignore.

The Great Taking – Derivatives are a Massive Systemic Thread (Still)

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SGT

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March 10, 2024

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from Peak Prosperity:

TRUTH LIVES on at https://sgtreport.tv/

Idris Elba Gold Documentary Will be Yet Another Sham

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SGT

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September 9, 2023

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from SD Bullion:

TRUTH LIVES on at https://sgtreport.tv/

$100 Silver Triple Digit Landia

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SGT

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January 25, 2026

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from SD Bullion:

TRUTH LIVES on at https://sgtreport.tv/

COMEX Gold Futures Explained Part 1: The Basics

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May 20, 2023

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by Jan Nieuwenhuijs, Gold Seek:

This is part one of a series on COMEX gold futures contracts, for those interested to reach a proper understanding on this section of the gold market. In this first part we will discuss the history of futures trading and the basics of COMEX gold futures.

The History of Futures Trading

According to various sources the first traces of futures trading have been found in ancient Greece, medieval Europe, and seventeenth-century Japan. Though futures markets as we know them today emerged from North American commodity trade in the nineteenth century.

Central Bank Gold Buying Rebounds After March Slowdown

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June 7, 2024

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by Mike Maharrey, Gold Seek:

After a weak March, central bank gold buying rebounded in April with global net purchases of 33 tons, according to the latest data compiled by the World Gold Council.

Net central bank gold buying in March was downwardly revised to 3 tons with the late reporting of a 12-ton sale by the Phillippines. Uzbekistan, Thailand, and Jordan also reported large decreases in gold reserves in March.

But with minimal selling and a large number of purchases in April, the March slowdown in net central bank gold buying appears to have been an anomaly.

Eight central banks added a ton or more of gold to their reserves in April.

Food Prices To Skyrocket In 2024 – From Cattle Shortages To Recalls To Another Meat Farm On Fire, Multiple Food Categories Will See Massive Price Hikes In The Coming Months

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SGT

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February 4, 2024

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by Susan Duclos, All News Pipeline:

A multi-day fire in Texas where multiple buildings at Feather Crest Farms was finally extinguished, making this just the latest in more than 100 accidents, plane crashes, explosions and fires, at food processing/manufacturing facilities since 2021.

Add that to the US cattle herd shrinking to the lowest level in more than seven decades, Amish farmers still under siege by the Biden regime, war affecting food prices in multiple categories, and unprecedented amounts of food recalls, food costs 20% higher than when Biden started occupying the White House, and we have the perfect storm of events making it difficult for parents to feed themselves and their children.

Gold and Silver Get Big Boost From New Pension Change in India

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December 13, 2025

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by Chris Marcus, Gold Seek:

As you’re probably well aware by now, India has experienced an unusual surge in gold and silver imports this year, as they are traditionally known as a price-sensitive buyer, yet have seen elevated levels of purchasing even as the prices were at or near all-time highs. And of course it was India that turned out to be the straw that broke the silver camel market’s back when a surge in imports in October led to a shortage in India and London.

So if that’s what was happening before, and now Indians can invest in gold and silver in their pension plans for the first time ever, it’s a bit startling to think about the impact that could have on the market, especially given how Bloomberg estimates that this could be as much as $1.7 billion of potential demand.

Government Nears $0 Treasury Cash Balance | Why It’s A Threat To You

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SGT

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June 5, 2023

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from The Money GPS:

TRUTH LIVES on at https://sgtreport.tv/

Utter Chaos at the Short End of the Treasury Market and at the 28-Day Treasury Bill Auction: A Deep Dive

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May 7, 2023

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by Wolf Richter, Wolf Street:

Investors exacting their pound of flesh for the risk of a default “as early as” June 1.

The chaos has been going on for weeks. And then it got funny at the Treasury auction on Thursday. Back on April 20, I marveled that the totally crazy 164-basis-point spread between the one-month and two-month Treasury yields: the one-month yield collapsed to 3.4% in just days (from 4.8%), while the two-month yield was just fine, ticking up past 5%. A plunging yield means that the price is surging amid huge demand. Investors were piling into a safe asset that will give them their money back in about a month, before June. What might happen in June? The US might default. That was the calculus back then.

Central Banks Buy Record Gold Bullion Tonnage Q1 2024

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May 4, 2024

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from SD Bullion:

TRUTH LIVES on at https://sgtreport.tv/

U.S. Pushes The World To Ditch The Dollar

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June 28, 2023

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by Mac Slavo, SHTF Plan:

The United States is at fault for pushing the globe toward other currencies as countries continue to ditch the dollar. Aleksey Mozhin, Russia’s representative at the International Monetary Fund (IMF) told RIA Novosti on Monday that the U.S. is creating conditions that make the dollar undesirable.

The U.S. dollar has been on a downslide for quite some time.

De-Dollarization Ramps Up As China Receives First Yuan-Settle LNG Shipment

The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion

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SGT

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January 3, 2024

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by Wolf Richter, Wolf Street:

Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congress.

The total US national debt spiked by $1.0 trillion in 15 weeks since September 15, to $34.0 trillion, according to the Treasury Department’s figures this afternoon. In the seven months since the debt ceiling was lifted, the national debt spiked by $2.5 trillion.