Recently, David Jensen sat down with Kenneth Ameduri of Crush the Street to discuss the huge gains in precious metals. Jensen also says there is no recovery coming to us. The extreme money creation by the central bank (the Federal Reserve) will ensure there is a complete collapse in the near future.
The one takeaway from Jensen is that silver will continue to outperform gold for the time being. There is no better time than now to protect your wealth against an ever-weakening dollar. As Jensen noted, there was a “catastrophe” when the ruling class decided to shut down the entire economy. “I think we’re heading into a new economic and a new social world here, driven by the disruption of the economy,” he added. Jensen says the U.S. has been running on a debt bubble since 1987 and it was always meant to burst.
The demand for physical metals (gold and silver) are forcing bouillon banks to be squeezed. People seem to be flocking to real hard assets that they can hold in their hands. Now big banks such as Deutsche Bank and Barclays are shutting down after 300 years. “All these bouillon banks are vacating the market because the old game of being able to control the market with paper and make guaranteed profits through the containment and the manipulation of the metals prices is gone,” says Jensen.
The people who remove themselves from the system of control set up by central banks will be better able to weather the upcoming storm. Many have been dumping the dollar for hard assets and cryptocurrency as we stare down the barrel of a Great Reset to a one-world digital dollar. The key to beating that would be for not one single human to use it.
What we have, according to Jensen, is a debt-based bubble which is a problem for the dollar, which is a fiat and debt-based currency. Globally, investors are fleeing into the things that you cannot print or create out of thin air; things that actually have value.
We will see this trend continue as more and more come to the realization that centralized anything has led to the downfall of every single society that has ever existed.