Gold Is Going To Be The New Global Currency
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News Date: August 24, 2021America not only has record debts but the Fed keeps creating dollars as the tsunami of money cheapens the worlds leading currency.
A man who is connected in China at the highest levels said gold is going to be the new global currency.
Central banks bought 90 tonnes this spring and data player Palantir Technologies bought $50 million in gold bars in August.
US taxpayers and investors require their attractive insurance policy against rampant government spending and currency depreciation.
Gold is such an asset since it has no counterparty risk. It will become more valuable as more money is issued to finance government spending.
Sources: financebrokerage.com, kingworldnews.com
Payroll tax holiday
President Donald Trump's first executive order today provides a payroll tax holiday to Americans earning less than $100,000 per year.The administration is also looking at cuts to income taxes for lower and middle-income individuals, as well as cuts capital gains taxes.
Source:https://twitter.com
"How" Will Be Presented the Biblical Times?
The 'how' will be hard to understand for most.Focus on the 'why'.
The 'when' is now.
Trump Ready To Remove Another Globalists System.
Everything Is Simply A Happening, The Narrative Has You, The "How" Will Be Presented.
The why is now happening the how will be presented to the people.
Sources: twitter.com, x22report.com
The silence of the Stock Market Crash
The stock market rally has its days counted and the substantial drops seen over the past few weeks suggest that the catalyst for an epic crash is rising inflation.The tech sector has already witnessed some sharp losses, but right before the market closed on Friday, the meltdown was becoming more widespread.
For a long time now, analysts, experts, economists, and investors have been sounding the alarm about an explosive and sudden stock market crash that would wipe out billions in earnings overnight.
And even though the collapse of the bubble has already started, we're still hearing silence.
Source: youtube.com
Central banks are buying gold
Central banks are buying gold to protect against the threat of a sovereign debt crisis.Last week the World Gold Council noted that central banks bought 59 tonnes of gold in June.
For the first half of this year, central banks purchased 270 tonnes of gold.
The WGC noted that central banks bought 180 tonnes of gold in the second quarter.
Sources: kitco.com
Gold To Return As Reserve Currency
The global monetary system as you know it is already falling out from beneath your feet.Smart investors should already be pouring money back into silver and gold before global monetary system collapse.
But now, experts like Peter Schiff, chief executive officer of Euro Pacific Capital, are betting on gold to topple the dollar’s long reign and establish itself as the new de facto reserve currency.
Source: www.kitco.com