43 Comments
User's avatar
Digital Grave Digga's avatar

Pretty soon once they got most the Gold they will than Start buying Silver. All tangible assets will be hoarded by the Ruling Class. Meanwhile MSM will tell people to look at the Stock Market and BTC!

Expand full comment
ChrisCoonsToupee's avatar

They've got everybody chasing squirrels when they should be stacking PM's.

Expand full comment
William Losch's avatar

Agree!

Expand full comment
Nick's avatar

Yep, taking money away from real assets, to digital air….

Expand full comment
ChrisCoonsToupee's avatar

Become your OWN central bank.

Expand full comment
JROC's avatar

Here the “do the opposite of what they say” might not be a good strategy.

Expand full comment
donny diamond's avatar

The BRICS Nations Are Coming for the Dollar—And Gold Is Their Weapon

It’s no secret that China, Russia, and other BRICS nations have been quietly hoarding gold. Why? Because they are getting ready to dethrone the U.S. dollar as the world’s reserve currency.

China is buying gold at RECORD levels.

Russia has been stockpiling gold like crazy.

BRICS is even discussing a GOLD-BACKED currency to rival the dollar.

Meanwhile, what is the U.S. doing? Printing money, racking up trillions in debt, and REFUSING to audit its own gold reserves. Do you see the problem here?

If the dollar collapses—and it will if these trends continue—gold will be the only thing standing between financial security and absolute disaster. And if the gold is GONE…

We’re SCREWED.

Expand full comment
BobJ's avatar

What is ironic is that the BRICS nations are "coming together" but are belligerent with each other! Russia collapsing, China collapsing (99% of Direct Foreign Investment has been withdrawn).

Expand full comment
Duke's avatar

Do you think that's why Trump threatened the BRICS nations not to abandon the currency?

Expand full comment
Katie's avatar

He wants to be the Bitcoin king not the constitutional money king

Expand full comment
donny diamond's avatar

Maybe - Trump is a ver astute business man - I believe there will be a financial reset where GOLD comes into play - when I do not know.

We only kn ow maybe 5% to 10 % of what is really going on........Look at inflation and how the DEMONCRATS screwed us for 4 years.

Expand full comment
Lloyd  Gilham's avatar

If JPM is using the term "debasement" things must be worse than anyone is letting on. Even Greg hasn't used the term "debasement" and I seriously doubt that the morons in the MSM know what it means. Time to short the banks (SKF) and buy gold.

Expand full comment
William Losch's avatar

“The desire of gold is not for gold. It is for the means of freedom and benefit.”

—Ralph Waldo Emerson

Expand full comment
Zeek's avatar

I am all for it, the sooner my metals stack goes up in value the better.

Expand full comment
Darrell Steem's avatar

You see how Trump allows reporters to ask open honest questions, and he answers them ! Unlike Biden who had all the questions prepared ahead of time !! Very refreshing to see !!

Expand full comment
Vike's avatar

I have lived through presidents from JFK to Biden and now Trump. In my lifetime this president, Trump, has done MORE to benefit America and Americans in just one month than anyone else during my LIFETIME, this includes Reagan.

And yet there are deranged folks on the board excoriating him for things he MIGHT do!

Yet I didn't hear a peep from the same posters while Joe Biden and his crime family sold out the American people to the favored Communist Chinese!

As Jesus stated, "Ye shall know them by their fruits"!

Expand full comment
Ian's avatar

YOU KNOW THERE LYING because you can see their lips move

Expand full comment
Billy Jack Galt's avatar

You can tell they aren't finished buying up gold and silver because they are still artificially depressing valuations. Once they are finished these assets will skyrocket.

Expand full comment
Manirosso@protonmaill.com's avatar

Lots of other people speak about Silver

I have Silver. I may buy more. It is better to keep it ourselves or put it in a depository.

I'm not wild about keeping it in a depository.

You are still not a fan of mining stocks?

Thanks

Expand full comment
Eddie Woods's avatar

The mining stock r turning into cash machines! Look at the markets, Dow, Spx, Nasdaq today, then look at, HL, MUX, EQX, EXK, NGD, and many more.

Expand full comment
aiken1399's avatar

Went to Gold dealer today he said there is a shortage of 1 oz golden eagles, had only 1 ox buffalos he said that shortage will be for a while.

Expand full comment
BobJ's avatar

AGE are not necessary. There are many other good options. The Gold Buffaloes are one example, Gold Maple Leafs another.

Expand full comment
donny diamond's avatar

EASY TO UNDERSTAND -FIAT DOLLARS TODAY ARE WORTHLESS !!! BACKED BY WHAT ?? A GOV'T 36 TRILLION IN DEBT !!

REAL MONEY IS GOLD AND SILVER ---WHY IS INDIA, CHINA, RUSSIA ACCUMULATING HUGE AMOUNTS OF IT??

EVERYTHING IS GOING TO CRASH !!! HOUSING VALUES WILL DROP WORSE THAN 2008 MAYBE 50% - LOOK AT WHAT A DOLLAR BOUGHT IN 1970 COMPARED TO TODAY.

IN 1970 A HOUSE COST $ 15,000 BRAND NEW CAR $ 3500 FIAT DOLLARS HAD BUYING POWER.

WHY IS PETER SCHIFF, JIM RICKARDS, ANDY SCHECKMAN SAYING SILVER COULD BE $1500 AN OZ

IF CENTRAL BANKS ARE BUYING IT - WHAT DO THEY KNOW TAT THE AVERAGE MAN OR WOMAN ON THE STREET IS UNAWARE OF ???

Expand full comment
Michael Lattanzio's avatar

JP Morgan is situated directly across the street from The Fed here in NYC , there is a tunnel 5 floors beneath the street that connects The FED with JP Morgan. We can be sure that JP will be moving Gold into the Fed's volts if the audit happens any time soon .

Expand full comment
Matlock's avatar

When they get enough gold, they will crash the market, silver may be a different story because there is not much of it. Soon we will be trying to get enough gold to buy silver, reverse ratio. Just thinking!!!!!!

Expand full comment