Silver Guru Video: "The End of Empire and End of Fiat Currencies"
- "Every fiat currency in history has failed and this one is failing" warns Silver Guru- "I do not think we can go another 5 years" ... I am looking for this to happen "between 2020 and 2022" says David Morgan
- We could move to a "cryptocurrency type of situation that is government backed"; is a "world currency possibility" or we could "go back to some type of gold standard"- "Very difficult to know how the currency reset might come about and I do not think even the elites know at this stage"- This is "all conjecture" and "what ifs" but what is true is that "silver and gold" will surge in fiat currency terms in the coming currency reset
This is an excerpt from Goldnomics Podcast (Episode 8) which will be released in full tomorrow.
News and Commentary
Gold prices inch up as dollar eases despite trade dispute (Reuters.com)
Home builder confidence stalls as tariffs bite (Marketwatch.com)
China says Trump forces its hand, will retaliate against new U.S. tariffs (Reuters.com)
Oil's Near $79 as Saudis Indicate Comfort With Higher Prices (Bloomberg.com)
Zimbabwe miner may pay suppliers in gold amid national cash shortage (Bloomberg.com)
Source: Bloomberg
Gold Continues 'Slow Dance' Around $1,200 - "Underlying Demand Has Begun To Emerge" (Bloomberg.com)
EU Slams U.K.'s 'Fantasy' Brexit Plans (Bloomberg.com)
Is the Federal Reserve really worried about inflation? (Money.com)
Wealthy Americans may be warning of the stock market collapse to come: analyst (Marketwatch.com)
Gold Prices (LBMA AM)
18 Sep: USD 1,199.40, GBP 913.94 & EUR 1,026.81 per ounce17 Sep: USD 1,196.80, GBP 914.00 & EUR 1,027.21 per ounce14 Sep: USD 1,206.20, GBP 918.76 & EUR 1,030.58 per ounce13 Sep: USD 1,206.65, GBP 924.41 & EUR 1,038.68 per ounce12 Sep: USD 1,197.80, GBP 919.07 & EUR 1,033.10 per ounce11 Sep: USD 1,194.00, GBP 915.92 & EUR 1,028.75 per ounce
Silver Prices (LBMA)
18 Sep: USD 14.21, GBP 10.81 & EUR 12.16 per ounce17 Sep: USD 14.17, GBP 10.81 & EUR 12.15 per ounce14 Sep: USD 14.22, GBP 10.83 & EUR 12.15 per ounce13 Sep: USD 14.23, GBP 10.90 & EUR 12.24 per ounce12 Sep: USD 14.16, GBP 10.90 & EUR 12.22 per ounce11 Sep: USD 14.13, GBP 10.85 & EUR 12.19 per ounce