Saturday, July 27, 2024

Record Highs: Unprecedented Surge in Gold and Bitcoin Prices with Craig Hemke

by Kerry Lutz, Financial Survival Network:

In this video, Craig Hemke and I delve into the recent unprecedented surge in the prices of gold and Bitcoin, analyzing the factors contributing to their record highs. We explore the economic, geopolitical, and market dynamics driving investors towards these assets as safe havens and speculative investments. Our discussion covers the impact of inflation, interest rate changes, and global uncertainties on the appeal of gold and the digital gold, Bitcoin. Craig provides his insights into the sustainability of these price levels, potential future movements, and strategies for investors navigating this volatile landscape. We also examine the broader implications of these price increases on the economy, traditional investments, and the emerging digital currency market. Whether you’re a seasoned investor or just curious about the recent hype, this video offers valuable perspectives on the shifting tides of global finance.

Economic Despair Is Rapidly Spreading As The Cost Of Living Rises To Extremely Oppressive Levels

by Michael Snyder, The Economic Collapse Blog:

This new economic downturn is starting to bite, and we are starting to see signs of severe pain all over the nation.  In fact, unless you are independently wealthy, you are likely feeling pain too.  The cost of living has risen to extreme oppressive levels, and this has happened at a time when close to two-thirds of the country was already living paycheck to paycheck.  As a result, many Americans are having their finances stretched to the breaking point, and millions of them are reaching out for help.  For example, on Saturday morning the line of people waiting for assistance at one of Boston’s largest food pantries “stretched the length of two football fields”

How To Protect Your Money From Agenda 2030 | Interview With Paul Stone

from The People’s Voice:

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

Silver Looks Like a Real Bargain Right Now

by Mac Slavo, SHTF Plan:

At the current price, silver is a real bargain.

Gold went on a run late last week, setting an all-time record high last Friday and breaking the $2,100 level for a brief time in overseas trading Sunday night. Silver also rallied but continues to lag behind gold.

In fact, silver looks significantly underpriced based on both its historical relationship with gold and the supply/demand dynamics.

MAJOR REVALUATION OF GOLD & PRECIOUS METALS IS IMMINENT

by Egon Von Greyerz, Gold Switzerland:

The time has now come for the 99.5% of financial assets which are not invested in gold, silver or precious metals mining stocks to grab both the investment and wealth preservation opportunity of a life time.

Making that decision before it is too late is likely to determine your financial and also general wellbeing for the rest of your life!

If you have already joined that exclusive group of 0.5% of global financial assets which are invested in precious metals, you understand what is coming.

Cantillon Overdrive…and the Bitcoin Breakout

by Mark E. Jeftovic, Bombthrower:

What we now call “The Cantillon Effect” was known far back as circa-1730, by at least one economist.  It hasn’t been taken very seriously in modern times, especially here in the fiat age.

Named after its author, Richard Cantillon, in his “Essay on Economic Theory” (“Essai sur la Nature du Commerce en Général”) — it is his only surviving work and was published posthumously in 1755, more than 20 years after he was murdered by a former cook whom he had dismissed from his household. The disgruntled ex-employee, returned by night, robbed his home, then set it ablaze, with Cantillon — and the rest of his manuscripts, within.

BREAKING! MAJOR CENTRAL BANK ADMITS IT’S “PREPARED FOR NEW GOLD STANDARD!” & “GOLD WILL SKYROCKET!”

from James Red Pills America:

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

JUST IN: President Biden pushes 44.6% capital gains tax.

AND SO IT BEGINS

by Jim Quinn, The Burning Platform:

What fool would buy 30 Year US Treasuries when the US is adding $2 trillion per year to the national debt? The US has to issue debt to pay the $1 trillion in annual interest on the existing debt. It is like you running a $50,000 balance on your credit card and adding $10,000 to your balance in order to pay the $10,000 in annual interest on the credit card. This is unsustainable. That which is not sustainable will not be sustained. When they pull back the curtain, will you be ready?

THE SHRINKFLATION SCAM! – Food Prices Climb As Food Gets SMALLER! – Famine Will Ensue!

from World Alternative Media:

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

Bloomberg: U.S. Debt Interest Bill Soars Past $1 Trillion a Year

by John Carney, Breitbart:

The combination of high levels of debt and higher interest rates has pushed the annualized interest cost of government debt past $1 trillion, an analysis from Bloomberg showed Tuesday.

This amounts to a doubling of interest costs over the past 19 months, according to Bloomberg. It is the equivalent of 15.9 percent of the Federal budget for fiscal year 2022.

Bloomberg reports:

JIM WILLIE: ‘GOLD’S THE SAFE HAVEN WHEN THERE’S NO ESCAPING THE DEBT DEFAULT’

from Arcadia Economics:

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

BREAKING: Biggest News In Silver History Just Happened

from The Alex Jones Show:

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

Gold Price in 2024 with Eric Sprott

by Craig Hemke, Sprott Money:

Buckle up for a riveting ride with Eric Sprott, our community’s financial luminary, as he tackles inflation, naked shorting, interest rates, and the precious metals market. Joined by host Craig Hemke, they not only dissect today’s financial landscape but also serve up a tantalizing preview of what’s in store for 2024, offering essential insights for navigating the economic rollercoaster ahead!