A Declaration by we the People
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similar, the US debt clock new pdf presentation is a little bit more elaborate.
I) Debt clock people have gold, silver, mineral reserves (unmined gold, silver, strategic minerals, oil, natural gas), real estate, stocks (corporations), new energy (quantum meaning fusion or other Tesla tech?) all that backing the new asset-based currency —-> and the interest earned by having an asset-based currency = funds for the Sovereign Wealth Fund
II) Jim Rickards believes A) gold could be revalued at $10,000 or higher to back the U.S. money supply and prevent an inflationary debt spiral and
B) the U.S. has a hidden “Wealth Fund:
U.S. federal government manages assets in the ground across 50 States valuing $Trillions
minerals in the ground = “building blocks” for tech (Nvidia chips), new Freedom Cities.
a) Treas. Secy. Bessent: “We’re going to monetize the asset side of the U.S. balance sheet for the American people” = (Jim R. says) the mineral-rich Federal Lands = 28% of total USA lands (mostly in the West).
(example: Resolution Mine in Arizona, Pebble mine in Alaska, Thacker Pass Lithium Mine in Nevada)
b) Companies will get fast-tracked to mine and drill the natural resources.
Jim Rickards — if you invest in the right companies, you could benefit in the unleashing of this new Hidden “Wealth Fund”
III) Jim Rickards. Make America Wealthy Again by revitalizing “the American system” A) External Revenue System
B) restocking our strategic oil reserves (but he notes USA does not have the refining capacity)
C) reshoring production of auto parts to A.I. chips
to benefit, Jim Rickards says you’ll need to invest right
Treasury Secy. Bessent quote Feb. 3, ‘25 in the White House (search term “asset”). https://rollcall.com/factbase/trump/transcript/donald-trump-remarks-executive-orders-sovereign-wealth-fund-february-3-2025/
edit, and this past week, Arizona Metals Kay Mine dropped in share price after not producing a good repot , so be careful even with Jim Rickards’ research and recommendations https://www.youtube.com/watch?v=rC7V39yz-eY
Very informative. T/u.
How about silver ? I seem to remember the debt clock site saying silver will be capped at $222.00 ? Glad I have some gold, but mostly I have silver. Been stacking since 2005.
Silver could be more valuable too. I listen to David Morgan of the Morgan Report and to Ed Steer, a based Canadian who has studied silver markets for about 25 years and had Ted Butler as his personal guide before T. Butler passed a couple of years ago.
In a market correction, or in a great awakening “Precipice” moment, gold and silver could be sold by banks and other financial institutions to initially cover their losses, a that is that gold would not go down so low and would maintain its value. Silver could go down lower, but then both rise again once people realize we are not doing purely paper/electronic fiat anymore. And industry could use a lot of silver.
Could graphene replace silver in some industrial uses? That could me more like 5+ years out, so no worries there, unless we have some secret tech advancements, but the US debt clock people like silver, and 3 reasonable (Ted Butler, David Morgan, and Ed Steer) see silver valued high in the coming years.
I appreciate the info friend.
welcome fren