X22 Spotlight How the New Gold Backed Financial System May Replace The Old Or Run Parallel 🤔
🌎 Let’s Talk About Gold 🏅
Interesting X22 Spotlight with theories on how the future gold, fiat, and or crypto may or may not all run in parallel. And depends on what country you come from and what currencies they’ll accept. Also some good info on US gold and gold reserves vs. what has been told by the Cabal.
1 to 1 ratio. Silver at 5 to 6 thousand.
The silver to gold ratio when it is mined from the ground is 8 to 1.
Every ounce of gold they mine, they get 8 ounces of silver.
The price of silver should be based on this ratio, based on the production rate.
Gold sits at $1965 / ounce today, so silver should be 1/8 that price, $245 / ounce.
Silver is harder and more expensive to extract from ore so perhaps the silver price should be slightly higher than the 8 to 1 price.
Now if gold should shoot up to $5000 per ounce, that would give us $625 per ounce. I can see that being a possibility.
$5000 silver? I don't think so.
Silver is needed in industry and is in short supply, I heard. But it tarnishes, whereas gold keeps its value so those are factors. But certainly silver will go up in price substantially.
Which is the reason why it is claimed that silver price is artificially suppressed. Gold doesn't have nearly as many industrial uses while so much modern technology depends on silver. Also it's estimated that the whole green nonsense is also impossible because there likely is not enough silver on Earth to begin with to meet their crazy goals.
Silver and Gold prices are absolutely manipulated. As well as virtually every other asset in the World.
If you ever looked at the US Debt Clock before they removed the modern Gold and Silver prices they used to show Gold’s price in the tens of thousands of dollars and Silver in the thousands for a long time. They removed it maybe in the last 12-18 months cause they didn’t want people to realize precious metals are some of the most undervalued assets in the World and their prices are heavily suppressed. Silver absolutely could go to the equivalent of $5000 an ounce.
If silver went to $5000 an ounce, a new TV or a new computer could cost you $5000 -$10,000. Do you think they would allow that to happen?
If silver went to $5000 an ounce, they would stop using silver in computers, cars and solar panels etc.
It’s the best electrical/thermal conductor, but not the only one.
We’ll have to settle for good enough.
The gold and silver prices on the debt clock were based on the ration of the m2 money supply. When that stopped going up, it became a divide by zero error.
Silver mines baby
One problem with mining stocks are the geographical location of them.
Most are situated in far from stable countries, where the government can (and will) use deadly force to seize any private property if they see the need.
Africa is at a boiling point, hell even the Canadian government seems wacko enough to do a hostile take over of the silver industry if silver skyrockets.
Due diligence, if you don’t have it, you don’t own it.
Dude said due to the massive price suppression for industry while being a key resource in electronics plus the heavy overexposure to related derivatives that when it breaks loose, silver could for brief time could go 1 to 1 ratio with gold. Ultimately he thinks it will stabilize at 1.6 silver to one gold. Reasoned that silver is the money of the people and will have high demand to be used as money while being squeezed by industry. Said gold is more useful to elites while silver has historically been the people’s money. He also claimed that “We have the gold” refers to the USA having extreme amounts of gold still in the ground ripe for mining. Specifically in the Grand Canyon.
Estimated 5-6k gold price and silver growing to fill in the 1.6 to 1 gap from the 80 to one it currently sits at.
Edit: oh, btw, he also date fagged September 24 as possible beginning of silver explosion. Not sure what that date relates to.
Yom Kippur is 24-25. Rosh hashanah is 15-17. Bo Polny has brought these up as important dates in accordance to prophecy and the Bible.
Perhaps my only issue with Bo Polny's predictions based on the Bible is if it is indeed missing 711 books and the 66 books may be mistranslated / modified. Though, he states many times that "only God knows the hour and the day" whenever anyone asks for a specific date.
Take it for what you will
You mean an .oz of silver being worth that much in the new system??