Stewart Thomson
email: stewart@gracelandupdates.com
email: stewart@gracelandjuniors.com
email:admin@guswinger.com
June 15, 2021
Socialism’s biggest pillar, arguably, is fiat money.It is embraced by most political parties, even those claiming to be “right wing” or “capitalist”.
Please click here now. Double-click to enlarge this long-term “train wreck” chart of the dollar versus gold.
The fiat-oriented end of the American empire is as inevitable as that of previous empires... and perhaps more so given the technology that allows fiat money to be printed electronically.
Please click here now. Double-click to enlarge.In the medium-term, the dollar is staging what looks to be a very modest right shoulder rally in a big H&S top pattern.
Investors are told that a Fed “taper” is negative for gold and great news for the US empire of debt and fiat.Unfortunately, the actual situation appears to be dire.
To understand why, please click here now. The world’s greatest fund managers are losing all confidence in the Fed’s ability to keep the fiat ship afloat.
Investors may be about to relive a “super-sized” 1970s life, with rising rates causing an exodus from the dollar.
Then, the dollar collapsed against gold as rates surged but the US government was able to stave off hyperinflation by forcing all oil to be sold in dollars.
Now, America is an oil exporter and electric cars will make gas cars obsolete.So, if the world loses confidence in “Fed Speak”, all that is left to hold US Humpty Dumpty fiat on the wall is probably... war.The bottom line:
Gold is money, and the time to stack it is now. Whether the investor’s stack is coins, bars, or jewellery does not matter.
India’s thirst for gold is insatiable.I refer to Indian citizens as the world’s “titans of ton”. The Corona numbers there are dropping again.It’s only a matter of time (and not much) before Indian gold demand skyrockets again.Elsewhere, China just imported 100+ tons in May and US mint coin sales are soaring.
A global stampede out of fiat and into “private money” gold, silver, crypto, and commodities seems imminent.Thanks!
Cheers
st
June 15, 2021
Stewart Thomson
Graceland Updates
website: www.gracelandupdates.com
email for questions: stewart@gracelandupdates.com
email to request the free reports: freereports@gracelandupdates.com
Tuesday 15th June 2021 Special Offer for 321Gold readers: Send an email to freereports@gracelandupdates.com and I'll send you my free "Junior Gridline Champions!" report. I highlight six key junior miners that are already in "blastoff" mode, with money making tactics for investors! Recent NewsMonetary-driven precious metals outperform major base metalsSeptember 09, 2024 / www.canadianminingreport.com
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