π΄ Trump To Make BIG ANNOUNCEMENT To Gold & Silver Buyers This Weekend? | Rob Kientz
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Top Comments (10)
It won't happen. If it was, the gold price would be up already with people (Trump insiders) front running it.
The Fed views gold as the antithesis of fiat currencies and undermines the dollar. I donβt think they will suddenly change their sentiment after 55 yrs especially if it even hints at the prospect of ending their money printer going brrrrrrrt
More important news from China about their measures for 24th July. Gold pricing moving eastwards away from paper derivatives Announcement on their true gold holdings is near.
Central Banks have been printing up cartoon notes worldwide, then using that garbage to exchange for gold. This is licensed theft, period. Once their garbage has no purchasing power left, they will back a new garbage currency with their stolen gold reserves and repeat a new currency cycle, subsequently and methodically removing any relationship to gold. Anyone else utterly disgusted with this wealth transfer scheme to private banks pretending to be banks operating in the best interests of the people? These are cunning men, parasites on humanity⦠FOR CENTURIES. How much longer will we let them play us for fools?
The US promising gold backed bonds is a guaranteed default
surprised he does not know basil 3 tier one for gold and oil and bye products are very small for the miners
I have to comment on the US gold standard history. Before 1913 the dollar was defined in terms of gold. With the federal reserve act in 1913 the FED was required to hold 40% in gold backing the federal reserve holding with gold removed from circulation by FDR in 1933. In 1945 that FED gold backing was reduced to 25% in response to the debt incurred in WW2. In 1968, per the request by LBJ, the Gold Cover Act ended any gold backing at the FED. THAT was the end of the dollar backing with gold. With no gold cover the dollar expanded to fund the Vietnam war expense and the Great Society spending. The Bretton Woods agreement required gold transfer to keep the currency in balance. It was in in 1971 that Nixon was forced to end Bretton Woods convertibility or the gold reserve would be depleted. Nixon keeps being blamed for the end of the gold standard which is incorrect. The gold standard diminished starting in 1913 but also stepped down in 1945 but then ended fully in 1968. Nixon was put into the position of ending the Bretton Woods agreement because of the 1968 Gold Cover Act. Any discussion about the end of the gold standard is incomplete without discussing the 1945 change of gold backing and the actual end of the gold cover at the FED in 1968.
π¨A great companion book for this episode is 'The Entropy Trap' by Mickey M. Maini: https://amzn.to/49vQ8rr A useful read for investors and decision-makers thinking about the next 5β10 years - from money and markets to AI, energy, real assets and the decisions that may matter most. Website: https://solsticelabs.com/ Substack: https://solsticelaboratory.substack.com/ X: https://x.com/thesolsticelabs Mickey on CapitalCosm: https://youtu.be/ljt6eRMYcXw?is=4oMaB0lpZU2mlmBc β Claim your EXCLUSIVE $1,000 discount on my #1 favorite newsletter, Capitalist Exploits, and access top asymmetric stock picks NOW! π: https://capitalistexploits.at/insider-special-price/?orid=36010 πΊ Catch my latest interview w/ Chris Macintosh HERE: https://youtu.be/JPbchADdUf4 Follow me on Substack: https://capitalcosm.substack.com/ πSupport the show by checking out our affiliates belowπ β Unlock a πSPECIALπ 10% Discount on The Trends Journal using coupon code CAPITALCOSM: https://trendsjournal.com/ref/139/ β Get your SPECIAL $300 DISCOUNT to Uranium Insider HERE: https://members.uraniuminsider.com/a/2148128421/ujimRAqa β GET 10% OFF YOUR DIRTY MAN SAFE HERE: www.dirtymansafe.com link with Code: CAPITALCOSM β Use the same charting tool I use, by starting HERE: https://www.tradingview.com/?aff_id=140845 DISCLAIMER: This description may contain affiliate links.
These are 2 of the best guys to learn from and listen to. thank you for this. Sorry if name icon comes up 2x Computer glitch,.
Itβs nice youβre show is current knot 2 or 3 days old. The news is fast nowπ€
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Top Comments (10)
It won't happen. If it was, the gold price would be up already with people (Trump insiders) front running it.
The Fed views gold as the antithesis of fiat currencies and undermines the dollar. I donβt think they will suddenly change their sentiment after 55 yrs especially if it even hints at the prospect of ending their money printer going brrrrrrrt
More important news from China about their measures for 24th July. Gold pricing moving eastwards away from paper derivatives Announcement on their true gold holdings is near.
Central Banks have been printing up cartoon notes worldwide, then using that garbage to exchange for gold. This is licensed theft, period. Once their garbage has no purchasing power left, they will back a new garbage currency with their stolen gold reserves and repeat a new currency cycle, subsequently and methodically removing any relationship to gold. Anyone else utterly disgusted with this wealth transfer scheme to private banks pretending to be banks operating in the best interests of the people? These are cunning men, parasites on humanity⦠FOR CENTURIES. How much longer will we let them play us for fools?
The US promising gold backed bonds is a guaranteed default
surprised he does not know basil 3 tier one for gold and oil and bye products are very small for the miners
I have to comment on the US gold standard history. Before 1913 the dollar was defined in terms of gold. With the federal reserve act in 1913 the FED was required to hold 40% in gold backing the federal reserve holding with gold removed from circulation by FDR in 1933. In 1945 that FED gold backing was reduced to 25% in response to the debt incurred in WW2. In 1968, per the request by LBJ, the Gold Cover Act ended any gold backing at the FED. THAT was the end of the dollar backing with gold. With no gold cover the dollar expanded to fund the Vietnam war expense and the Great Society spending. The Bretton Woods agreement required gold transfer to keep the currency in balance. It was in in 1971 that Nixon was forced to end Bretton Woods convertibility or the gold reserve would be depleted. Nixon keeps being blamed for the end of the gold standard which is incorrect. The gold standard diminished starting in 1913 but also stepped down in 1945 but then ended fully in 1968. Nixon was put into the position of ending the Bretton Woods agreement because of the 1968 Gold Cover Act. Any discussion about the end of the gold standard is incomplete without discussing the 1945 change of gold backing and the actual end of the gold cover at the FED in 1968.
π¨A great companion book for this episode is 'The Entropy Trap' by Mickey M. Maini: https://amzn.to/49vQ8rr A useful read for investors and decision-makers thinking about the next 5β10 years - from money and markets to AI, energy, real assets and the decisions that may matter most. Website: https://solsticelabs.com/ Substack: https://solsticelaboratory.substack.com/ X: https://x.com/thesolsticelabs Mickey on CapitalCosm: https://youtu.be/ljt6eRMYcXw?is=4oMaB0lpZU2mlmBc β Claim your EXCLUSIVE $1,000 discount on my #1 favorite newsletter, Capitalist Exploits, and access top asymmetric stock picks NOW! π: https://capitalistexploits.at/insider-special-price/?orid=36010 πΊ Catch my latest interview w/ Chris Macintosh HERE: https://youtu.be/JPbchADdUf4 Follow me on Substack: https://capitalcosm.substack.com/ πSupport the show by checking out our affiliates belowπ β Unlock a πSPECIALπ 10% Discount on The Trends Journal using coupon code CAPITALCOSM: https://trendsjournal.com/ref/139/ β Get your SPECIAL $300 DISCOUNT to Uranium Insider HERE: https://members.uraniuminsider.com/a/2148128421/ujimRAqa β GET 10% OFF YOUR DIRTY MAN SAFE HERE: www.dirtymansafe.com link with Code: CAPITALCOSM β Use the same charting tool I use, by starting HERE: https://www.tradingview.com/?aff_id=140845 DISCLAIMER: This description may contain affiliate links.
These are 2 of the best guys to learn from and listen to. thank you for this. Sorry if name icon comes up 2x Computer glitch,.
Itβs nice youβre show is current knot 2 or 3 days old. The news is fast nowπ€