President Trump, like him or not, is on a mission to create America's "Golden Age." That is the term he used in his inaugural speech and only those with a narrow view of the world or none at all will deny his lofty goal.
By his invocation of the term "golden age", Trump envisions the United States, and, by extension, the world, to exist in a state of "primordial peace, harmony, stability, and prosperity." (Wikipedia)
Being ultimately a pragmatist, ushering in the "Golden Age" will require massive structural changes to the American political and financial systems, which is why Elon Musk, via DOGE, is largely dismantling the ramparts of government waste, fraud, and abuse, piece by piece, excess by excess, though the larger object of structural reform remains embedded in the financial system and the U.S. constitution.
Once Trump, Musk, and other appointees and allies root out the corrupt politicians that have fed at the public trough for decades and decimated the agencies and departments responsible for funneling money to House members and Senators (and probably a good number of mayors and governors), his troops will take aim on the ultimate prize: the Federal Reserve and their counterfeiting operation that has deprived America of its rightful prosperity.
Since 1913, when the Federal Reserve System was authorized by Congress, America has been transformed from a peaceful, prosperous nation to one of warfare and welfare, a system that is dying and is about to end.
Backing up this thesis is the recent inflow of gold to the United States from England and elsewhere, notably even India and China. Central banks, especially those in China, Russia, and India, have been buying and hoarding gold for the better part of the last 15 years and other central banks have taken heed and done likewise. Central bank purchases of gold have been at record levels the past three years (2022-24) and are likely to exceed those levels in 2025, with the unusual twist being that the United States will likely be the largest buyer, having to play catch up after years of denial and apathy.
In August, 2017, when Trunp's first Treasury Secretary, Steven Mnuchin, was dispatched to Fort Knox to have a look at the gold stored there, it was no accident or mere photo op. Trump sent Mnuchin specifically to see that the gold was still there, and, according to the Secretary, it was. It was the first visit to the facility by a Treasury Secretary since 1948.
The current and ongoing movement of tons of gold heading to American shores, while being largely dismissed or ignored by the vain and willfully blind financial press, is just the beginning of the biggest story of the century.
Gold hawks, such as James Turk, founder of goldmoney.com, recently opined on King World News that President Trump might be mulling (or planning for) the prospect of revoking President Nixon’s August 15, 1971, Executive Order to “suspend temporarily” the dollar’s link to gold. If true, and Trump puts the U.S. back on a gold standard, the changes will be monumental and highly beneficial to holder of gold and silver.
Turk goes further, expressing his belief that gold will be revalued at $10,900 per ounce, and the gold:silver ratio that for so long has been a product of financial repression by the countries that favor fiat currencies (all of them), but especially England, the European Union, the United States, Japan, and Switzerland via the COMEX, LBMA, Exchange Stabilization Fund (ESF), World Bank, and the IMF, would be declared at 10:1.
If Turk's prognostication turns out ot be true, long-suffering holders of gold and, by far, silver, stand to make enormous gains in wealth. A gold price of $10,900 and a gold:silver ratio of 10-1 implies a silver price of $1,090 per ounce.
For those who think it's not possible, consider that gold was $270 an ounce in 1999, and today is approaching $3,000, a more than tenfold increase. A revaluation to $10,900 would be little more than a tripling.
Head of research at goldmoney.com, Alasdair Macleod, on King World News chimes in with more detail about gold flows and the impact to global economics.
Naturally, there will be skeptics, those who favor continuation of the Federal Reserve's slave system of debt creation from thin air and fractional reserve banking and the government's $36 trillion black hole. All of Washington D.C. and Wall Street are tethered to the fraudulent currency system and recent protests from lawmakers to the dismantling of their favorite slush fund entities like USAid offer proof not only is the political system corrupt to the core, but that it is fed by an equally corrupt financial apparatus.
No matter which way the winds blow, there are choices to be made. Either continue in debt service to the Federal Reserve via income tax, withholding, and interest rate manipulation, or buy gold and/or silver, or both, and wait.
With all of that as background, at 8:30 am ET, the BLS released January CPI and it wasn't what the Fed or Wall Street stock pushers had in mind.
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent on a seasonally adjusted basis in January, after rising 0.4 percent in December, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.0 percent before seasonal adjustment.
Inflation is re-emerging, without a doubt. The CPI releas send everything down: stock futures, oil, gold, silver, crypto, you name it.
Get ready for some serious recalculation of your retirement plans.
Buy Gold. Buy Silver. Do. It. Now.
At the Close, Tuesday, February 11, 2025:
Dow: 44,593.65, +123.24 (+0.28%)
NASDAQ: 19,643.86, -70.41 (-0.36%)
S&P 500: 6,068.50, +2.06 (+0.03%)
NYSE Composite: 20,168.21, +50.33 (+0.25%)
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