Whether you believe it or not, a global gold rush is imminent! While the American corporate-owned (and state-backed) mainstream media has been completely ignoring it, one country after another has been taking steps to divest themselves of their U.S. dollar.
Examining it more closely, we might even start to connect the dots and conclude that there’s a coordinated effort among these nations to dethrone the dollar as the world’s reserve currency. –James Davis, Future Money Trends
Davis believes that the government and the mainstream media have no intention of keeping anyone informed.
As we would expect, the government and the U.S. Federal Reserve have no interest in keeping the citizens informed of this phenomenon, and they’ll do everything in their power to maintain the narrative that the dollar (and therefore the economy) will be just fine. Richly compensated corporate media outlets will all fall in line, spinning a tale of dollar strength and longevity.- James Davis, Future Money Trends
Over the next 6 to 18 months, a gold rush is imminent, according to Davis.
China isn’t particularly interested in throwing the world into a financial crisis, but they’re gladly relieving themselves of American dollars, starting with a plan to replace the petrodollar with the Petro-yuan. China already launched its yuan-denominated oil futures contracts last year, and now they’re sweetening the pot by offering swap facilities to local countries to promote the use of the yuan.
Last year, we also witnessed the European Union’s plans to switch payments from the U.S. dollar to the euro for its oil purchases from Iran.
Meanwhile, India recently made its own move towards independence from dollar dominance when it was announced that a contract between Moscow and New Delhi for supplies of Russian S-400 air defense systems would be settled in rubles.
In addition to the deal with India, Russia has taken a number of measures to reduce its dependence on the U.S. dollar, including cutting its U.S. bond holdings down to $14.4 billion from $96.1 billion in September; also, in late November, the Russian Finance Ministry reported that it had issued 1 billion euros’ (equivalent to $1.13 billion) worth of seven-year bonds with a yield of 3%.
Reserve currency status does not last forever either. Big changes are coming, as the almighty dollar won’t be mighty for much longer.
Get ready because Davis thinks gold is going to end up being one of the hottest investments for at least the next 5 years.
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PMs are not a good form of investment for the future in a collapse of the economy. They may seem like the most sensible solution, but when the next big collapse comes, it will be nothing like what America has ever experienced, and the new form of gov will not allow PM’s to be traded as currency.
stuff…….there’s the NEW GOLD. stuff that will keep you warm, dry, and bulletproof…..stuff that will feed you……stuff that will keep you hydrated……stuff that will keep you hidden……stuff that will educate you to what you’ll need to survive the snivel wars…..after you got all THAT stuff covered, then hopefully you got a lil leftover for some gold and silver.
“Will not allow” didn’t work to maintain prohibition.
Agreed. PMs are good but there are many more assets that you can eat, drink, etc. that are better in a SHTF scenario.
Ok, Well send me ALL your worthless gold then!
it isn’t worthless right now dumbass, but in a total collapse situation, and under martial law.
wtf up!
Then the new “form” of Government will be Communist.
PM’s will make you feel all warm and fuzzy inside.
“the new form of gov will not allow PM’s to be traded as currency”… LOL And if the “new form of gov” demands you abandon your faith & fall down on your face & worship them, you’ll dutifully comply with that edict as well wont you?
are you that dumb, or do you just look like a dumbass!
In a shtf scenario, I will be eating like a king, and staying out of sight because I have everything I need already and will not be sucking up to anyone using PMs like gold and silver. I have all the necessary PMs which are worth 1000 times more that anything that you “assume” will be valuable.
My kind of PMs can save my azz from idiots like yourself. LOL
Whip, hi t-fat.
I invest in metals to a degree. I have some ($4) silver and some ($300) gold. I mostly have mining shares. I don’t have any metals ETFs. The ETFs don’t own actual gold. They own paper promises to the gold they claim to own. If things go south the ETFs will be forced to refund investors money – sans profits. That is if you are lucky. Stick with bullion or mining shares.
If a big one comes, most of America will be dead in 3 months. It may take pms to barter your way for items needed or your life to be spared. The gov we have now does not use pms… but we can still buy and sell pms. Now if the new Gov outlaws pms, then you have a wealth that can be used in the black market.
Precious metals should be thought of as a HEDGE AGAINST INFLATION ( think Weimar Republic or Zimbabwe). Any good investment advice encourages “diversity of holdings” such as real estate, stocks, bonds, preps, etc. Never put all your eggs in one basket and listen to the sage advice on this site, “GET OUT OF DEBT.”
And you know this, how? You already know what something never seen before will look like?
History says you are wrong. Only God can tell us the best plan and he has already done that – and you aren’t Him.
If everybody does the same thing, how well will that work out?
Whirlpool, I’ve eaten PMs so I’ll just have to take your word that they will “make you feel all warm and fuzzy inside.” I hope you wash them and your hands before eating!
James Davis is an alias for Daniel Ameduri… he created the name with a story sent out to his subscribers earlier this year… you either believe the guy or you don’t, but don’t think that this James Davis is anything more than a Pseudo name for Daniel. For me personally? I have seen Daniel’s recommendations prove to be wrong over 80% of the time. YMMV. Gold is likely the right play right now, but Future Money Trends isn’t prescient. Just a broken clock…
What the heck is going on with this site? Articles don’t show up for days and comments disappear. Trekker Out.
This site has some real problems, and some are the idiots that post here.
I know, it’s crazy!
I’m betting on the McDonalds Happy Meals Roy collection and my worm farm to make a bazillion in the future!
I’m betting on the McDonalds Happy Meals Roy collection and my worm farm to make a bazillion in the future!