Rana Vig, the CEO of Blue Lagoon Resources says that the Biden administration’s plan to steal more from the American public is going to have a harsh effect on the economy. Coupled with the central banks’ money creation, a perfect storm is forming for both gold and silver.
The accelerated devaluation of the dollar has begun. In an interview with X22 Report, Vig says the tax plan will force businesses out of the country. The worldwide stimulus printing is setting up the perfect storm for precious metals.
Because YouTube has fully censored X22 Report, the video can be found on Rumble.
The discussion begins with the Biden administration’s goal to tax and steal more fiat from the American public in order to somehow create jobs and fix the crumbling infrastructure. Vig immediately agrees that taxation is never a cure, only a disease. “These things never work. If you keep taxing me and want more and more out of my pocket, where’s my incentive?” In order to absorb the cost of taxes, companies would have to remove people from the payroll.
Vig goes on to say that with all the stimulus (which is currency creation and by default devaluation) gold and silver will have to break out. It’s a simple rule of mathematics, he said.
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Gold and silver will continue to become more valuable as more stimulus is handed out. This is the “perfect storm” for gold and silver. Governments are going to continue to create more money and as it goes down, expect gold to go up to $7000, even, says Vig. It’s all perspective and timing.
Vig says he feels that cryptocurrency is here to stay, but so are gold and silver. People are stocking up on metals to protect themselves from a devastating economic situation that is coming down the road. Whether we see something happen this year, next year, or in the next few years, gold will be a hedge against government tyranny and an economic collapse that appears right now to be wholly intentional.
Watch the video, and listen to Vig’s take on where we can expect gold and silver to end up.
“It’s a simple rule of mathematics”
Marketmakers and barter do not follow math.
Just in case somebody does accuse me of lack of patriotism, I am not a fan of Russia, I only care about America.
Whatever is happening over in that country is really none of our business, and poses no existential threat to the US. It appears the neo-cons (which operate inside and outside of the gov’t) have succeeded in getting Ukraine to declare war against Russia. The neo-cons do not care about Ukraine, it is only a means to attack Russia. That Ukraine has gone along with this shows their gov’t, which was overthrown in an operation a few years ago by an Amer. sponsored “color revolution “ is thoroughly compromised by quislings.
It’s obvious the Amer. gov’t and neo-cons are complicit, none of this news is being reporting the Amer. MSM, they are brewing a war with Russia, and won’t even tell the Amer. people.
All they want from you is your willingness to offer up your children and grandchildren for cannon fodder, as disposable resources for them use for their own purposes and goals. They don’t want you to be informed citizens, and they don’t want you to have anything to say about it. The gov’t and neo-cons operate in secret, and do not act in behalf of the Amer. people.
It is getting annoying to have to scroll through an overtly long missive from the same guy each and every time I read one of your articles and want to review the comments. Perhaps this other guy should start his own blog since he likes to pontificate.