Retired Colonel: 81 Nations Meeting In Russia About "Larger Plan To Back Currency With Gold" (VIDEO)
Retired U.S. Colonel Douglas McGregor warned Donald Trump, Jr. recently that there’s a conference in June in St. Petersburg that we should all be paying attention to. He said what’s happening there could have severe implications for all Americans. Watch (p...
Anyone have any thoughts about what this would mean for the price of gold?
I'm invested in gold and I am hoping that it will rise massively. The current fat controllers are losing control of their manipulations and will be unable to influence the global price once BRICS get going proper. Prices will be set by the commodity producers(Majority of BRICS countries) not the banker cabals.
There is a massive unknown out there in the shape of Ancient/Historic gold hoards. Most Eastern countries have been using PMs for literally centuries as real money and have subsequently hoarded a lot more that the west has stolen from them, The USA only got a fraction of China's gold, "for safe keeping" but China has much more still in hiding.
Once BRICS controls the price of gold globally, watch china reveal some of it's hidden hoards, same with India.
The USA won't be setting the prices of PMs, BRICS will.
The USA will have to get some real gold to be able to just sit at the table.
The USA will (or already has) to repatriate the Gold stolen from it's citizens and maybe open up Grand Canyon for Gold mining, they must have the metal to play the new game, no ifs or buts.
"I'm invested in gold and I am hoping that it will rise massively."
Ha! Same here.
Thanks for the insights!
Related to this topic, here’s a great article…
https://badlands.substack.com/p/the-midas-touch?utm_campaign=post_embed
Wizard of Oz was the final jeopardy answer today. Related?
Seems promising albeit not without difficulties
So how about that.. a meeting as significant as this and our country will not even be in the loop and represented there? Indirectly maybe.
So many factors it’s hard to tell but if SHTF the value of all derivatives will reallocate to gold. It’s the most basic and the basis for all value. Taking into account how much value is stored in the form of paper derivatives (stocks, bonds, promissory notes, anything else that is just digits written on paper) gold can go to the moon. The craziest estimate I have heard for gold is 45k/Oz. The most conservative is 3k/Oz. (3k/Oz by next year mind you). For silver 15k/Oz and 300/Oz respectively.
https://youtu.be/6-kAz2dnN5Y
I have invested in gold and silver, but as I see it as a non-US citizen, the price is not important, as it only reflects the deflation of the dollar. I see gold as a commodity that does not deflate, so that part of my wealth is retained.
I agree. I think of metals more as a safer storage of wealth than an investment. They certainly have the potential to grow in value quite a bit but more importantly they won’t ever be worth nothing and won’t ever disappear out of my hand. The government can do whatever it wants to my bank account. I possess my wealth, my bank doesn’t.
You think it is gold that the feds are hiding in the Grand Canyon? Oh boy would that piss people off. But some think hidden is a nuclear stash or ufo tech.
Good story. It also reads like an ad for Genesis gold group lol.