Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⭐Gold Standard REBIRTH⭐ SHOCKING Developments - (Silver Price Too)
Transcript
- 0:00The gold standard right now, are we right now on the gold and
- 0:05silver standard? Would you consider this
- 0:08question, is it true that the only way that gold and silver
- 0:13could hold any value is if we are indeed on some form of the
- 0:19gold standard Now, maybe right now you can say sure, the dollar
- 0:23is priced in gold, but the very fact that you can convert silver
- 0:29and gold into worthless Unicorn fart dust paper money proves
- 0:34that we are right now on some form of the gold and silver
- 0:38standard. But are we moving more in that
- 0:42direction? We're going to examine that in
- 0:44this video. Is there concrete proof that
- 0:47right now we are moving more back to an official gold and
- 0:52silver standard? And what will that mean for the
- 0:55value of the physical gold, physical silver and precious
- 1:00metal mining stocks that you own?
- 1:10You are the most important part of Ron's basement.
- 1:13Thank you for being here right now.
- 1:16I'd like you to be part of our drive to 40,000 subscribers.
- 1:19So please subscribe to the channel, give this video a
- 1:23thumbs up and super chats. Super thanks are always super
- 1:27appreciated. Now let's take a look at 5 big
- 1:30factors going on right now that indicate we could definitely be
- 1:35moving towards a gold and silver standard point number one of
- 1:40five history. We know throughout the history
- 1:44of the world we have gone from paper, Fiat, make believe,
- 1:49Unicorn fart dust, monetary systems always back to the gold
- 1:55standard. For thousands of years man has
- 1:58tried to modify God's money, gold and silver, and it can
- 2:03often work for short periods of time.
- 2:06But history indicates to us there are stacks and stacks of
- 2:10worthless Fiat currencies that you can buy for next to nothing
- 2:14on places like eBay because history has dictated that the
- 2:19world always goes back to gold and silver.
- 2:23Who is the poster child for financial mismanagement over the
- 2:27last several decades? Zimbabwe.
- 2:30What are they doing right now? What are they showing us about
- 2:33the gold standard? Well, about eight months ago,
- 2:36they shifted to what's called the zig, the Zimbabwe gold
- 2:40currency, and it has almost eliminated inflation in their
- 2:45country. An astounding display of how the
- 2:49gold standard can fix inflation. And if you don't think that
- 2:53other countries like Argentina or Venezuela or any host of
- 2:58other countries that have dealt with skyrocketing inflation
- 3:02aren't paying attention to what's going on in Zimbabwe, you
- 3:06are mistaken. A major reawakening to the gold
- 3:10standard going on in the world right now.
- 3:13And we have three more points to cover.
- 3:15But first, I want to mention to you, if you want to get your
- 3:19hands on some gold, silver or platinum groups before possibly
- 3:23they become hard to find, please support channel sponsor Pinbex
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- 3:54pin backs. What else is going on in the
- 3:56world with the gold standard right now?
- 3:58Have you heard about this little development called the Bricks?
- 4:03Yeah. And they're having a big meeting
- 4:05in October, October 22nd of this year.
- 4:09And a lot of people are looking at all the evidence out there
- 4:14and thinking that we could hear about a gold backed trade
- 4:18settlement currency. We know at minimum that the
- 4:22BRICS countries are growing like crazy, have explicitly stated
- 4:26that they want to de dollarize, move away from the dollar.
- 4:31And there's this interesting fact that a lot of their central
- 4:34banks are buying gold like never before.
- 4:37It's almost time, guys, to see the feathers fly.
- 4:41Put some boots on the warehouse floor because it's very likely
- 4:46we're going to continue to hear major developments moving us
- 4:49closer to the direction of a gold standard type system from
- 4:55the BRICS countries. And what do you think when you
- 4:57hear the Bank for International Settlements, You know who?
- 5:02The Fed, the Reserve is. And Jerome Powell, you know, the
- 5:06ECECB, you know the Bank of Japan.
- 5:09Well, guess what? The Bank for International
- 5:11Settlements, that's like the principal's office for the world
- 5:15central banks. It's the central Bank of the
- 5:18central banks. And they did something a little
- 5:21sneaky a few years ago. It was called Basil Three, and
- 5:25for some mysterious reason, they redesignated gold as a tier one
- 5:31asset. That's the highest level of
- 5:34classification that it could receive.
- 5:37It's on par with cash. It's on par with sovereign
- 5:42government bonds. Why do you think the central
- 5:46bank to the central banks would have done that?
- 5:50Makes you wonder, right? They have something in the plans
- 5:54and point #5 what do you think it means when two of the most
- 5:58powerful entities in the precious metals sector, the
- 6:03World Gold Council in the LBMA, the London Billion Market
- 6:08Association, we may not like them, we don't like them, but we
- 6:12have to recognize they are one of the most powerful entities in
- 6:15the precious metal sector and have been for centuries.
- 6:19Well, when the LBMA and the World Gold Council get together
- 6:23with Gold 247, that's the name of a special project they have
- 6:28going on to digitize gold with the explicit intention to make
- 6:33it more functional, more fungible.
- 6:36All types of fancy words that basically mean they're going to
- 6:40digitize gold and make it so that everyday people eventually
- 6:45could use it for doing things like buying Starbucks, going to
- 6:49the grocery store, paying bills, and whoa, whoa, whoa, wait a
- 6:53minute. This doesn't mean that you won't
- 6:56be able to stack gold, stack silver in your possession.
- 7:00It just means that more and more people using modern functional
- 7:04technology will be able to save, invest and functionally use
- 7:10their gold and silver, potentially silver.
- 7:13There's no plans for silver right now.
- 7:14I don't want them to speak but use metals in everyday
- 7:18transactions. You can still stack, but when
- 7:21everybody else starts to realize the benefits of metals, right
- 7:26saving, investing in precious metals, it could create a tidal
- 7:31wave of demand for the physical metals.
- 7:35Are you ready for a reawakening of the gold standard?
- 7:38Let's quickly review the five pertinent points.
- 7:42We have history on our side. We have small, isolated but
- 7:46growing numbers of examples like Zimbabwe that we can look at.
- 7:51We know on a massive scale what's going on with the BRICS
- 7:56countries and gold and silver. We know what the Bank for
- 8:00International Settlements, the central Bank of the central
- 8:02bankers, recently did with gold. And we know that the LDMA and
- 8:08the World Gold Council are working on digitizing gold.
- 8:11Heck, I heard Rick Rule even say that he thought we could see
- 8:14this in the balance of this decade.
- 8:18What do you think that will do to the price of gold?
- 8:22The price of silver? The real value of the precious
- 8:26metals? I think we're in for some
- 8:28unbelievable value recognition experiences, AKA much, much
- 8:35higher prices. I'll be here for you through it
- 8:38all. It'll be choppy waters, but
- 8:41we'll make it through together. I want to say thank you to
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- 8:47developer with two multi million outs development stage projects
- 8:51in Canada and Fortuna Mining. They're a gold mining company
- 8:55with operations right now in Latin America and West Africa.
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- 9:08Have a great day.