Saturday, April 20, 2024

Goodbye Dollar Hello Gold

by Clive Maund, Gold Seek:

Gold silver and PM stocks staged a major breakout yesterday as the dollar cratered to signal the onset of a major devaluation as its loss of reserve currency status becomes a physical reality. The BRICS are set to introduce an alternative CBDC related gold backed currency of their own that should drive the last nail into the dollar’s coffin. This has been “in the works” for quite a while and this being so it only is surprising that it has taken the dollar this long to break down. We saw all this coming a couple of weeks ago in the article PM SECTOR update – REVERSING TO UPSIDE and the two larger gold stocks featured in the article, Royal Gold and Victoria Gold have soared.

HUGE EXCESS DEATHS FROM VACCINES IN UK (CARDIOVASCULAR/HEART ATTACKS)

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED DOWN $19.35 TO $1832.00//SILVER CLOSED DOWN $0.98 TO $21.22//PLATINUM CLOSED DOWN $23.90 TO $882.20 WHILE PALLADIUM CLOSED DOWN $63.50 TO $1208.15/IMPORTANT GOLD COMMENTARY TODAY FROM PETER SCHIFF/COVID UPDATES/VACCINE UPDATES//LAWSUIT FILED AGAINST THE MAKERS OF REMDESIVIR//HUGE EXCESS DEATHS FROM VACCINES IN UK (CARDIOVASCULAR/HEART ATTACKS)//DR PAUL ALEXANDER//SLAY NEWS/EVOL NEWS/NEWS ADDICTS/RUSSIA HAS AVOIDED OIL SANCTIONS: THE AUTHOR EXPLAINS WHY//USA AVOIDS SHUTDOWN

TAKE ACTION: Steps to Secure Financial Freedom

by The Sharp Edge, Corey’s Digs:

From the looming financial crisis to the threat of global war, not to mention the potential release of ‘Disease X,’ or the weaponization of governments against the people as we head into elections… this year has promised to be a wild ride.

The relentless attacks on our sovereignty are coming from every angle, making it easy for the public to get divided, disoriented, and distracted. However, this is not the time to deviate from our critical mission. It is precisely the time to focus on the central planners’ end game, which is totalitarian control of the people through a ‘Great Reset’ of the financial system.

IMPLODING CHINESE ECONOMY INCLUDING THE HUGE LOSSES FROM EVERGRANDE

by Harvey Organ, Harvey Organ Blog:

GOLD CLOSED UP $.65 TO $1977.25//SILVER CLOSED UP 11 CENTS TO $25.16//PLATINUM CLOSED DOWN $11.05 TO $976.10//PALLADIUM CLOSED DOWN $10.55// UPDATES ON THE IMPLODING CHINESE ECONOMY INCLUDING THE HUGE LOSSES FROM EVERGRANDE//PUTIN WILL ONLY ATTEND THE BRICS CONFERENCE AUGUST 22-24 BY VIDEO CONFERENCING//COVID UPDATES: HUGE UPDATE ON MYOCARDITIS CASES IN THE UK//DR PAUL ALEXANDER//VACCINE IMPACT//SLAY NEWS//EVOL NEWS//USA DATA: HOUSING PERMITS AND HOUSING STARTS PLUMMET//GOLDMAN SACHS EARNINGS PLUMMET//CRE DOMINOS START WITH STARWOOD DEFAULTING AND A HUGE PRIME BALTIMORE BUILDING SOLD FOR A DISCOUNT OF 63%//STRIKE AT FREIGHTCARRIER YELLOW TO BEGIN JULY 24//SWAMP STORIES INCLUDING THE VIDEO ON WHISTLEBLOWER TESTIMONEY ON HUNTER BIDEN TAX EVASION

Sorry, You Can’t Have Your Gold

by Jeff Thomas, International Man:

In this publication, we warn regularly of the risk involved in storing wealth in banks. They’ve made the removal of your deposits increasingly difficult in addition to colluding with governments to allow them to legally freeze or confiscate your money. To add insult to injury, they’re creating reporting requirements with regard to the contents of  safe deposit boxes and restricting what can be stored in them – again, at risk of confiscation.

“Green Economy” Expected to Boost Silver Demand and Other Silver News

by Peter Schiff, Schiff Gold:

Silver is expected to play a significant role as the “green economy” evolves. The Silver Institute recently participated in a panel discussion titled “Silver’s Role in the Green Economy” at the London Bullion Market Association’s Global Precious Metals Conference in Barcelona, Spain.

This is one of several silver-related stories in the latest edition of Silver News published by the Silver Institute.

Silver Institute Chairman Phillips Baker emphasized that silver is a vital component in solar panel production and demand is expected to increase significantly in the coming years. While there are efforts to replace silver with less expensive substitutes, Silver Institute technical director Trevor Keel said that silver remains the critical ingredient in making solar panels functional, and it will remain so for quite some time.

The Fundamental Value of Gold Is Exactly 25 Times Higher Than the Paper Price of Gold

by Jon Forrest Little, Gold Seek:

Introduction – Gresham’s Law

Gresham’s Law states that the bad money pushes out the good money from circulation. This is playing out live today for those paying attention.

Recent Historical Example Here in USA

In the mid-1960s, the US Mint, under the direction of the Department of Treasury and Federal Reserve, removed silver from dimes, quarters, and half dollars. Once they introduced the copper-clad equivalents (debased), the good money (silver coins) started being collected by the people paying attention (it took a while), and as the inflation of the 1970s intensified, all the silver coins were almost entirely out of circulation (into private collections) leaving only the copper clad substitutes for silver.

What’s Going on With Gold?

by Dennis Miller, Miller On The Money:

The price of gold has been swinging wildly over the last several months; from over $2,000 oz. in May, then dropped to around $1822 oz. early in October. The middle east war reignited and it quickly jumped back up around $50. What’s going on?

I Googled “Gold Price Prediction for 2023” and the responses were all over the place. Here is a screenshot of what popped up.

GoldSeek Radio Nugget — Peter Schiff

from GoldSeek Radio:

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

Poland’s 50/50 gold buying: 50 tonnes bought over 3 months, but another 50 tonnes to go

0

by Ronan Manly, BullionStar:

Poland’s central bank, Narodowy Bank Polski (NBP), is officially the biggest central bank gold buyer in the second quarter of 2023, having accumulated a massive 48.52 tonnes of monetary gold between April, May and June of this year. This is the first time in nearly 4 years since the Polish central bank last bought gold for its reserves.

This large concentrated buying by the NBP during Q2 also puts the Polish central bank in third place globally for gold buying during the first half of 2023, behind China and Singapore.

von Greyerz, Williams, Stoeferle – THE SUN IS SETTING ON FALTERING WEST & RISING FOR GOLD

by Egon Von Greyerz, Gold Switzerland:

Egon von Greyerz joins his dear friends and Matterhorn Asset Management advisors, Grant Williams and Ronnie Stoeferle, to address the unique risks—economic, geopolitical, military—making headlines at an alarming rate.

This timely and highly important conversation opens with the financial, political and trade moves from West to East as evidenced by the growing BRICS momentum and its near and longer-term impact on the price of gold as prosperity moves from West to East. Consumer gold demand from India and China, increased central bank demand in the East and rising gold premiums on the Shanghai Exchange suggest that the LBMA hegemony over gold pricing is shifting, as Ronnie discusses.

Gold-backed cryptos: The Next Level Of Protection From Capital Controls

from Dollar Collapse:

One of the things I frequently point at in the incessantly tiresome debate between the precious metals and cryptocurrency communities is that while each asset offers its own advantages, cryptos afford a level of optionality for capital mobility that simply doesn’t exist for precious metals.

At least until fairly recently.

WINNIPEG BIO LAB SPY SCANDAL: WHAT IS THE GOVERNMENT COVERING UP?

from Rebel News:

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