Up until January, the majority of people assumed that governments and central banks had everything under control. Zero-Interest and Negative-Interest rate policies coupled with unprecedented monetary printing appeared to have stabilized the economy and financial markets. But then something broke. Stock exchanges crashed following the New Year and investors the world over went into panic mode. They sold pretty much everything, including oil and the oft touted Internet 2.0 behemoths that were, in some cases, selling at 500 times their earnings. It was a rush for the exits.
But as we’ve noted repeatedly in recent years, when financial panic, confusion and uncertainty take hold, the smart money will rapidly moves into wealth preservation assets of last resort. And, this is exactly what we saw over the last two months. Though broader stock markets were crashing, precious metals and the companies that mine them exploded to the upside. Exchange traded funds that track gold were up double digit percentages and in some cases stock prices nearly doubled.
With more economic machinations from the powers that be sure to come and a currency crisis looming, what we recently saw with gold and silver is just a small preview of how precious metals will behave during serious and sustained market disruptions. Some analysts have suggested that the next stock market crash will be deeper and more violent than what we saw in 2008. And as Future Money Trends notes in their latest video below, that could mean massive moves for gold:
We believe the gold price will go absolutely ballistic… with a repricing of a level of $10,000 per ounce or higher as predicted by former CIA adviser Jim Rickards.
And how does one position themselves to take advantage of this crisis asset of last resort?
Holding the physical asset in the form of bullion is, of course, highly recommended.
But for those with investment accounts like 401(k)’s or IRA’s, consider following China’s lead:
For 7,000 years man has mined gold deposits, making it possibly one of the most reliable businesses in human history… and one of the smartest because owning a gold mine allows you to keep producing the gold after your initial investment…
Think about it, for all of human history gold is so precious, so rare, that if you took all the Egyptians mined… the Romans… and everything since… we would only have three Olympic sized swimming pools full of gold.
The headlines for gold these last few years have all focused on physical gold accumulation by China, Russia and Eastern central banks… but what they have missed is a 7,000 year old strategy that China is doubling down on… According to data compiled by Bloomberg, in 2013 asset purchases by Honk Kong and mainland miners increased by $2.2 billion. China is buying gold mines at a record.
…By August of this year Chinese influence will have infiltrated the biggest financial institutions in the world with China only revealing their physical bullion above ground while saying nothing about their mine acquisitions. This explains their long-term strategy to implement some form of gold-backed currency.
The world may well be on its way to the largest gold rally of our lifetime.
When it comes to positioning oneself for crisis, gold and silver have stood the test of time for thousands of years. There will no doubt be ups and downs going forward, but the trend is clear.
For more videos, interviews, news and commentary visit Future Money Trends.
Click here to learn how you can follow China’s strategy of accumulating mining assets ahead of the next bull market.
Gerald Celente calls it the 3 G’s – gold, guns and a getaway plan.
Gold and guns have saved many a life when the shit goes down. Make sure you have a little of both.
…and, if possible, a LOT!
Presidential Elections = REALITY SHOW
PRESIDENTS ARE SELECTED, NOT ELECTED (quote attributed to FDR)
Donald Trump = Media entertainer hired to keep distracted the ignorant masses in America
Trump won’t get the GOP nomination (hint: Brokered Convention) and to the disappointment of his supporters, he won’t run on an independent platform.
To educate the gullible masses in the US about the Republican convention rules…
Voters don’t pick nominee, we do: GOP official
On the other hand, the Trump brand will see substantial increases in their net revenues once this reality show is over (and that’s the ulterior goal of the real-estate mogul).
Mrs. Clinton has already been SELECTED to become the next President of the United States, you like it or not.
“People as uninformed and as gullible as Americans have no future. Americans are a dead people that history is about to run over.”
Dr. Paul Craig Roberts – Assistant Secretary of the Treasury for Economic Policy during the Reagan administration
End of story.
Dream on, troll.
Hitlery will be serving time in a Federal Pen after Trump gets done with that witch this year, after the primaries. He will lay out the entire Hitlery indictment for the Voters to decide. Hillary for Prison in 2016.
~WWTI… A side note, Which Witch has the most nauseating voice that is worse than a screech owl with its testicles in a vice?
A: Hillary Clinton or
B: Sarah Palin?? Vote here:
I’ve heard of the beans, bullets and bullion. 🙂
” … and one of the smartest because owning a gold mine allows you to keep producing the gold after your initial investment …”
I own a gold mine.
Everyone should own a gold mine. But NO ONE should be buying gold or silver STOCKS at this time. It’s TOO SOON. There are ongoing costs to owning a gold or silver mine through stock ownership; not the least of which are salaries and bonuses for Upper Management, and the theft of your equity through Options and Warrants for Upper Management.
Junior Miners are a scam.
Junior Miners operate on the bigger fool theory by promoting their stock to make their Management rich, and YOU are the “bigger fool” if you buy their stock and they have assets but no real, substantial income from production.
Buy a gold IRA instead that delivers to your door. You own, you control, you possess. If you are really ambitious, educate yourself, buy a metal detector, join a mining club and start humping those hills !!!
The FED is destroying the Chinese Yuan.
China is selling US TREASURIES in a desperate attempt to save the purchasing power of the Yuan. This attempt will eventually fail and the Yuan will become confetti. It MUST decline in value significantly to compete with Mexico, whose Peso is now about 18 to 1 to the dollar.
The New World Order is planning to move excess world production from China to Mexico and Turkey. Civil unrest is coming to China …. as designed. 🙁
DK. The difference between a Gold mine and Gold in your hand is the the Gold in your hand is Real. A gold mine is a speculative hole in the ground trade that could no longer be finding any more gold at all, but the costs to mine it, continue to mount and bankrupt you.. Take the SHALE drillers in North Dakota, see how many went bankrupt, by over-leveraging the cost to drill vs the price of the commodity they are trying go harvest. Land continues to cost you in Land taxes, employee costs, cost to mine or drill.. Makes no sense, like you.
Go back to your hangover dream and sleep it off.
gold….unsafe at ANY price.
So says a village idiot who has none.
on the contrary, idiot #1, i own more than most….no….ANYONE that i know…and right now i aint exactly happy about what it cost me. SOMEday, it will be a lot higher than it is now….might even get back to the prices i paid when i STARTED buying it….and please try to remember, Au…”it takes a village to mind yer own goddamn business”
Mac, Your article here must of had a World Wide Impact. As soon as you posted this article, Gold and Silver took off to the moon today.
Take a look at both of these Daily Trading Price charts (links below) and compare the timing when Gold Shot up today March 16th (Green Line) at about 1:50 PM, then Silver at 2 PM also Shot up. Tomorrow it will be reflected as the red line. You can see this, by comparing these 2 charts, Both Gold and Silver maintained their consistent 80 to 1 Ratio Gold to Silver trading price corresponding like being pegged. Which is a great sign for silver traders. As Gold continues to climb, Silver is riding the golden Goose to the moon as well. Glad to be stacked and packed.
Gold Chart: http://www.kitco.com/charts/livegold.html
Silver Chart: http://www.kitco.com/charts/livesilver.html
I love charts, as they are the road map as to where it has been, and the probability of where it is going to go next.
I would love to be day trading silver, and make a killing but better to have it in my hand. I carry one of my 1-Oz Silver Rounds in my pocket daily for good luck. It has a nice Ting and Jingle sound, when it flops on the table.
If Gold Hits $10,000 then the corresponding Silver at the current 80 to 1 ratio would mean Silver would be trading at $125 per Ounce. Nearly 8 times what it is worth today.
The lowest Gold to Silver ratio was at 31.53 back in April 2011 when Silver hit $48. See the chart link below. At that same 31.53 ratio, if Gold was $10K an ounce, Silver could trade as high as $317.15 Per Ounce. Yeah Baby!!! Do the math..
Gold to Silver Ratio Chart: http://www.macrotrends.net/1441/gold-to-silver-ratio-historical-chart
~I will be Much Much Much Wealthier Prepper, than I am today if Gold goes to $10K an Oz.
Your quote: “Gerald Celente calls it the 3 G’s – gold, guns and a getaway plan.”
That’s 3 G’s and a P.
The Chinese definitely have a long term plan involving gold/silver. Maybe their current internal credit problems are merely an excuse to use up a bunch of foreign currency reserves before springing the new gold standard on the world. One thing is for sure….the amount of gold they actually hold, and the amount they have admitting to holding, is a long way apart.
As that Chinese curse goes: “May you live in interesting times”
People give China way too much credit as if they know what the hell they’re doing. Perhaps it’s just the opposite much like the Central Banks around the world…., they’re winging it to see what sticks.
Michael Pento, David Stockman and Charles Hugh Smith all seem to agree that a Chinese collapse including it’s currency is in the cards.
do they ALSO see an american collapse, including it’s currency?…..
The conservative Judicial Crisis Network, which plans to spend at least $2 million on an advertising campaign to oppose Judge Merrick Garland’s nomination, says the nominee “has a very liberal view of gun rights.”
JCN chief counsel Carrie Severino said in a blog post that Judge Merrick’s record on the bench since 1997 “leads to the conclusion that he would vote to reverse one of Justice Scalia’s most important opinions, D.C. vs. Heller, which affirmed that the Second Amendment confers an individual right to keep and bear arms.”
And this has what to do with the topic ?
Nothing Tn. But since I can’t afford Gold and wouldn’t buy it anyway. The second amendment and the destruction of our Constitution is far more important. Peace
And the article uses Jim Rickards as a source…The guy that said the economy would collapse in april of LAST YEAR.
Not a dam thing
but thanks for playing
So a blog Nazi is someone that points out your running roughshod over a story with your own agenda ?
If you had a real 1st amendment concern, you’d start your own blog…..but that might limit your audience,huh ? Not too mention being actual work…….
Perhaps it has more to do with “maybe you should buy some more guns” as opposed to speculating on the gold market… A prudent man takes heed to wisdom and prepares his household.
I’m extremely prudent in the guns/ammo dept….thanks for your unwarranted concern.
I hope some leprechaun or Chinese dude doesn’t mistaken the shiny gold gleam of my brass gold cus that would give away my position I better get me a black permanent marker to tone them down
Suppose I could sit on the porch and do that while drinking beer and watching the grass grow
amen to that God’s Soldier.
Brass gold is gonna be the real wealth
If it has taken 7,000 years to taken place what make you think it will happen in 2016? I don’t have gold but I do have some silver and a HELL of a lot of BRASS!
Gold and Silver is all well and good if? Lets’ ask a question: Those having the power to inflict the deceptions, mayhem, and thievery,that we now see occurring in the worlds rigged financial system, have the power to re-image the present false system into another more refined controlling one.
After all the profit is squeezed from the current manipulations Gold and Silver will be revalued to something like this. Gold 100 dollars an oz. and silver at 5 dollars an oz. for private citizens. For governments it will be Gold 10k per oz. and silver 1k per oz. Then there will be a law stating all citizen must turn in the gold/silver coins (for the above civilian value) within 30 days or be fined and/or imprisoned.
Then all wages, sales, purchases, payments, and other transaction of citizen will be in electronic credits. Example: Doctors receive 200k per year, skilled workers 50k per year, unskilled workers 25k per year.
All taxes, social plans, health plans, etc. will be automatically deducted as they occur during each payment cycle. Infraction against laws will be assigned a debit electronic chip to be deducted from the lawbreaker who by continued lawless will have their electronic account shut down and will be instructed to turn themselves into the authorizes within 72 hours. I they do not they will be classified as enemies of the state.
Now think about it: They have the power, they have a plan, and they will not relinquish their control. Do you really those who have financed the destruction of entire Nations (including their own), will do something else?
In my humble opinion. Daniel http://www.knowingforyourself.com
Let the gold price go to the moon, it would drag silver higher. That’s why most bought it, silver I mean.
If we can’t eat it, we don’t see the need for it …and so, don’t have none of that. Brass …that’s different! Lead? We are amazed we haven’t caused a sinkhole. :smirk:
Never did get into precious gems or precious metals anyway…
Metals don’t come first for that very reason. The question is how seriously does one take a probable full scale collapse? However they were valuable for Zimbabwe and Argentina.
Heck yeah, they are only precious. Why would you want something that’s called precious…..hey…wait a minute!
I feel this article and others like it have a lot of merit.
The current gold to silver ratio right now is very high, around 80+ to 1. This metric alone show’s just how manipulated the pm markets are.
The ‘secret war’ between bankers and the metals has been in full swing for 100 years, so it’s nothing new.
Step by step, as the central bankers have devalued our paper due to printing and deficit spending, they have removed the link between the metals and the dollar.
The big breakaway happened in 1933 under FDR, followed by 1965 (coin debasement), and then 1971 with the complete decoupling from gold and the dollar linked to Saudi oil.
Paper gold and silver sold on the stock market is the only thing holding the current prices where they are today.
The question is simple, will people of the world one day wake up in mass and realize all they are holding is just paper?
Here are a couple of interesting verses from the Bible:
They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.
Whether or not you believe the Bible, isn’t my point, what I’m seeing is a massive change and transition in the works to a one world system. I see two classes of people, rich and poor with virtually no middle class.
US economic power is fading for many reasons, and the vacuum created will give way to a new system, probably directly or indirectly linked to precious metals for a solid foundation.
The dollar’s days are numbered, and eventually will take it’s place as a former reserve currency one way or another.
When I sold one of my homes in 2004 I could have bought 80 ounces of gold. Unfortunately I paid off all my debt. I should have waited.
Getting out. In contract to sell my house. Going to pocket a substantial amount of dough. Now the hard part. What do I do with the cash? Have been stacking so I will add but not to much. Gonna rent for a bit until something smart comes along, but in the mean time am scared shitless about putting all that dough in the bank. Thoughts?
Thanks a lot for sharing this with all people you actually recognize what you are talking about!
Bookmarked. Please also consult with my site =).
We can have a link alternate agreement among us
Come on guys this story is getting a bit old and it’s the same story as been told for the past 4 years as gold/silver continued to go down.
The price is fixed just like property prices but in that case the bankers just bribed local council officals to stop anyone from being allowed to build any new house so the bankers make more money on interest payments for mud huts on rented land.
I stack a lot more than most of you but whilst you are still seeing prime time adverts on your TV offering to sell you coins then we are no where near any boom times.
My buy signal is $12oz for .999 silver on the paper price but i will still exspect to pay over $20oz for physical being here in the UK.
But, but, but…. it could hit $5K, $10K or $20K ANY SECOND NOW!!!
Buy, buy, buy!!! …. from our advertisers of course.
Just curious…. how much of that $8 difference is ‘premium’ charged by the seller; and how much is VAT? Thanks ~
Start packing and stacking,..or else you’ll be lacking.