The Richest Man In All Of Asia Is Aggressively Preparing For Collapse: “Direct Exposure To Gold As Super Wealthy Focus On Wealth Preservation”

by | Apr 16, 2017 | Headline News | 84 comments

The world is awash in crisis with wars looming, economies crashing and revolutions brewing. Doomsday bunkers sales are soaring and individuals from coast to coast are getting ready for whatever tomorrow may bring. Moreover, even governments like China and Russia are preparing, having gone so far as to create their own exchange mechanism to trade directly with gold in the event of a global currency crisis or financial meltdown.

But it’s not just governments who have taken notice of the problems facing the globe. According to Gold Mining Chairman Amir Adnani and Sprott U.S. Holdings CEO Rick Rule, some of the biggest billionaire investors on the planet are actively seeking out precious metals like gold as wealth protection insurance amid the uncertainty of the current geo-political climate.

In a recent interview with SGT Report, Adnani explains that several super wealthy individuals with whom he works very closely, including mainland China’s biggest billionaire investor and the richest man in all of Asia Li Ka-shing, have a renewed and urgent interest in diversifying their assets into both, gold mining firms and the physical asset itself:

This individual’s net worth is about $35 billion… For the first time in a number of years of working with his team when it comes to investments in commodities that they believe were important to the strategic growth of China… for the first time they are looking for gold related investments.

The comment from the person heading this initiative for Li Ka-shing is very interesting… His right had man said to me ‘He’s not just looking for investing in gold mines… he literally wants to find more ways to take physical gold back to Hong Kong and have that exposure.’

This is the largest individual investor in mainland China and I tell you over the last few years of having worked with him on the energy side, this is the first time I have seen him so aggressively looking for gold related opportunities.

In the full interview, insiders Amir Adnani and Rick Rule share their experiences working with others large investors, current strategies and expectations of what’s to come:


(Watch at Youtube)

The reason for why these high net worth individuals are rapidly moving into gold related assets, notes Adnani, is that they are not necessarily all that concerned with the current price and how high it may go in the future, but rather, because precious metals are backed with thousands of years of evidence that they are the asset of last resort during crisis:

That’s one… the second one… we’re very fortunate at Gold Mining… one of the board members of our company who has been a founder of the company since day one is a Brazilian billionaire by the name of Mario Garnero…

When I look at the level of interest that his organization has in terms of wanting that direct exposure to gold… I talked to them about why they are looking at this…

They’re focused on one factor that we seldom think about… We’re so fixated on price of gold… what they’re focused on… what the super wealthy are focused on… what the billionaires are focused on… is the fact that gold plays that hedge in your portfolio… that’s it’s the insurance in the portfolio…

It may not necessarily be as critical to think whether it’s $1200 an ounce or $1300… we fixate so much on the price… and we forget that irrespective of what it’s trading at on any given day it’s meant to be an insurance policy… it’s meant to be protection of wealth and preservation of wealth…

It’s a great reminder when you look at the first trading day after Brexit… I remember looking at my own portoflio.. and looking at the market… and everything is red… the Dow is down over 500 points… the only thing up are gold stocks…

But while insurance and wealth preservation are the key motivating factor for the super wealthy, another billionaire, Sprott U.S. Holdings CEO Rick Rule, says that even a tiny boost in investor demand could drive prices to new highs from here as investors stampede into hard asset stocks and physical holdings as the current bull market gains steam:

Let me give you a startling statistic that tells you what an awakening might do… physical precious metals, certificated precious metals, and precious metals equities occupy about one-third of one percent of the savings and investment assets of the United States.

The corresponding number at the top of the last bull market.. real bull market in 1981… was 8%…

One third of 1% now… 8% at the top.

I’m not suggesting to you that gold and precious metals related investments will ever get back to 8% but I would suggest to you that they will, in this bull market, approach the three decade median, which was 1.5%.

If that occurred, you would see a more than four-fold increase in demand for precious metals and precious metals related equities… I think that could be reasonably dramatic.

I am not one of these doom and gloom guys who says that gold is going win the war against the U.S. dollar.

But if gold lost the war a little less badly… in other words, if gold and gold equities market shares got up to 1.5% of the investment savings matrix of the United States, that would represent a four-fold increase in demand.

The world is primed for a serious, potentially devastating collapse of life as we know it. That may come with war, economic collapse, or both simultaneously. What we know from history is that those who prepared ahead of time and understood the ramifications of such events were positioned to not only survive, but thrive.

The high net worth individuals who are moving into gold related assets see the writing on the wall, and they are positioning themselves now to ensure their wealth will be preserved.

We strongly encourage you to do the same.

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    Comments

    84 Comments

    1. Anonymous

      If I had billions I would be “diversified” into bunkers in various locations, enough food to last 10 years and I’d stacking and hiding gold all over the place.

      Alas, I am billion-less but still preparing.

      • Reg

        I am billion-less too! LOL

        What little we do have saved is spread all over into investments we’ll need if we go worst case (necessary supplies, guns, etc). We recently made changes in the last year to our IRA holdings too so it is good to hear these guys talk about gold. Makes me think we are on the right track.

        • TEST

          I’m reminded of an old, true story about some Spanish conquistadors who can aground with their galleon on a reef in the Caribbean with their gold, in water that ended up being knee deep.

          They left some of their crew there with the gold, the rest went for help. When they came back, the boat, the men and the gold were all gone, swept away be the tides.

          Lesson? No, you can’t eat gold. Another lesson: When you stand before God, all your gold won’t help either. But the other lesson is that those who say “you can’t eat gold” are making a simple category mistake. Yes, if you are in a total meltdown situation, like the conquistadors above, your gold won’t mean diddly-squat. 5 oz of water would buy 50 oz of gold! But, will you be in a total meltdown situation? Will that total meltdown situation remain, as a permanent MadMax world? If not, then you will be glad you had your AU. This whole “can’t eat your gold” comment shows, IMHO, some lack of critical thinking. Unless you KNOW the end of the world is coming it is best to diversify with beans, bullets bandaids AND AU and AG. Goldmoney.com is good place to get ALLOCATED gold securely stored on an English channel island (they have special laws on them); you can also put in a self-directed IRA thousands of miles from your home for security.

          Besides, the end of the world IS coming, where your food and gold won’t help you as you stand before the Lord. Just sayin…

          • buttcrackofdoom

            here’s a story for you, test. a jewish family was being sent the next day on a train so they took their one ounce of gold and paid off a guard to let them pass through the gate, and they found their way to america….and when they got here, he took out another gold coin and was able to feed his family for a week, until he worked enough to get a steady income….here’s another one. the romans paid a guy 30 pieces of silver to get the dirt on a guy that was spreading a lot of B/S about there being a real god…that was all it took, 30 pieces. here’s another story about PM’s. there was this guy, and he was told many times he should save something for a rainy day. he was doing quite well, but he DIDN’T save and buy some gold. when the shtf, he didn’t have any gold, and money was worthless, so he DIED tomorrow……..

          • Hermes

            Oh you cant eat gold eh? I can get ine hellofa steak and beer for gold and silver. Try trading your worn out shoe leather for food or a steak
            You gonna trade your good looks for food? These dopes that say crap like you cant eat gold. Ha!! A real tangible asset, then claim you cant take it to heaven. Which is a made up falacy to dupe sheep out of their Wealth every sunday by the religious snake salesman selling miracle water. If you cant hold heaven in your hand today, you don’t own it and never will. Stoopid sheep get fleeced.

            I got my stacks of Silver, Buy Low Sell High. I bought a bunch of Silver when it was $13.85 / Oz. Now $18.50. Im looking for $38 and more easy. Some have a clue, many will never get it. Sorry about your luck.

          • Thomas Schuckman

            TEST, Sorry, but you are all wet on a number of things. My email: [email protected] –My Blog: TOM’S JOURNAL. But you are very correct on the fact that Lord Jesus Christ WILL most certainly come back to Rapture up his Saints/ Believers/ true Followers, who know their Bible ! But just think for a moment, please…. that people who are smart enough to invest in gold and silver, would also invest in guns, ammo, food, pure water, etc. Contact me, to share some notes, sir.

      • Braveheart1776

        Anonymous, I’m also billion-less. But that’s OK. I can and do still invest in the things I know will help me to stay alive. The only PMs I invest in are lead and brass to help protect all my other investments. Can’t eat gold or silver.

        • Eisenkreutz

          A fallout shelter cant be built on a tropical island. It would flood to the top and you would drown.

          • Ketchupondemand

            Eisenkreutz, you picked the wrong island, or you don’t know much about dirt. And concrete and rebar. Sloped ground.
            Mine will work just fine.

            • Ketchupondemand

              Moderation because I used Eisen….’s name in my post?
              Mac, the system is off the charts.

          • Nailbanger

            Bullshit

          • Thomas Schuckman

            Hi, “Iron Cross.” I know a little German and lived there for 6 months, and then did 2– tours in Vietnam: 68-70. Disabled Vietnam Veteran, and live in the great, cold North. You are so correct about that Island shelter place… Ha! Email: [email protected] –My Blog: TOM’S JOURNAL. –Where you will learn A LOT about this Friday, 4-21-17 !! Beware !

        • memphisidiotscousin

          Cuz you can’t eat greenbacks either, but I bet you wish you had a wallet full of them! Danke Scheon.

          • Braveheart1776

            Memphisidiotscousin, go back to sleep.

        • AZcats

          Why do SOOOOOOOOOOOOOOOOOOOOOOO many lemmings parrot the same absolute obvious nonsense. That you “Can’t eat gold and silver.”

          Does everyone who says this.. secretly attend a re-education camp where they put a chip in you and anytime someone brings up gold and silver you mindlessly repeat….. “Can’t eat gold and silver, can’t eat gold and silver, can’t eat gold and silver.”

          If you went back 100 years in time….500 years in time….1,000 years in time….2,000 years in time. Do you think ANYONE would have ever said…”You can’t eat gold and silver.” NOPE. They wouldn’t have ever said this.

          Do you think our great founding fathers would have ever said….”can’t eat gold and silver?”

          I mean christ….this is SHTFplan! You are SUPPOSED to be a constitutionalist. Your screen name even has 1776 in it! And you are just as brainwashed as the commie liberals who say also say, “you can’t eat gold and silver.”

          Could you imagine someone saying this 500 years ago??? If someone said this the people in the town would probably hang the person for being retarded.

          • BuffBiff

            LOL, good rant! Indeed, while “can’t eat gold and silver” may be true, I’d like to point some practical uses of them. Silver is a natural anti-biotic and gold is a base ore (meaning it does not react with other materials)…so good for things like a locker or to hold some chemicals if you do not have fragile glass.

            Other than that, the stuff you can’t eat will likely be horded by the next band of bank barons (as gold/silver will have real-world value versus their next fiat concoction they dream up which would have no real-world value initially) as they, once again, screw the world over so they can have total control and satisfy their egos. And – the cycle endlessly repeats.

            • Thomas Schuckman

              Hi, BuffBiff,
              Yours is the first intelligent message that I have read here tonight. I would agree with you on everything you said! My email: [email protected] —My humble Blog: TOM’S JOURNAL, a Christian/ combat Veteran geared Blog that tries to help other disabled Veterans navigate the corrupt VA system, etc.
              I am also a Disabled Vietnam Veteran: 68-70, and I try to share and pass on some valuable Information. Beware: April 21, 2017 !! Danger ahead…

          • moxiemainer

            500 years ago there were plenty of prospectors and pioneers and sailors that died with a pocket full of gold and no food in their bellys. Money is no good if there is nothing to buy. In times of shtf, people will tell you where to put your gold if you try to trade it for their last bit of food. Get real and think for christ sakes, the only one retarded here is the fool who will not envision reality.

            • Arby5

              Does it help to think of PMs as a store of value? Like insurance against the collapse of our Fiat system. True you can not eat it but that is why you have food and skills and lead set aside.

              Perhaps you might need some for that “little something small” to get a guard or someone similar to look the other way for a period of time.

              It does have “universal appeal” meaning it will be more accepted in other countries than Fiat.

              I thought my dad was nuts back in the mid 60’s when he started saving up all his silver coins, but it wasn’t to long and he was able to sell that stuff at a nice profit

              Anyway just a thought.

          • Enemy of the State

            I went into Kroger with my gold.. and the beeotch at the counter said i cant buy my food with that dam yellow rock

            what now?
            I cant eat my yellow rock , and they wouldn’t let me have any food for it

            lol (yes I know how to use gold and silver please dont be that dumb responding) .. ok?

            • buttcrackofdoom

              Enema, if you didn’t want a stupid person responding, then why did you TELL the stupid story? this one COMMANDS a response.

          • Nailbanger

            On food network we were watching a segment that featured a restaurant in NYC that puts
            edible gold leaf on one of their deserts, so you can literally eat gold!

            • rooter2thetooter

              In one end, out the other. What a waste.

          • NewAnubis

            Oh, I see. But your 10 dollar note with a hint of ketchup counts as sustenance?

        • NunyaBidness

          “Can’t eat gold or silver.”

          Only the imbeciles that don’t understand needing something to rebuild say this. Nobody ever claimed you could eat it and nobody said you should stack PMs while…you know, ignoring storage of food.

          DONT LISTEN TO THIS OR ANY OTHER “lead and brass” IDIOTS.

        • durangokidd

          “The richest man in Asia” has a fatal flaw in his preps: he has NO ammo and lots of gold.

          Buy ammo, not gold. 🙂

          • buttcrackofdoom

            who SAID he has no ammo?…..they were LYIN’!

          • luke earthwalker

            priorities

          • durangokidd

            Guns are illegal in China; which is why mass murders in public places are conducted with knives and swords. 🙂

            • buttcrackofdoom

              wait….WHAT?….he has no guns? haaaa ha ha ha ha haaaaaaaaaaaa! if you think a guy worth BILLIONS aint got no guns……PPFFFFFFT! i’m willin’ to BET he’s got the WHOLE SET!

        • Hermes

          Looks like you will be eating your 2000 Odysee van then eh? Or put some salt and pepper on your 3 new engine mounts. Yum yumm.

      • B from CA

        If I had 58 billion dollars, I would set up a safe space somewhere and bribe who needed bribing to take control in Europe, arm the Native European people and assist them in relocating their refugees.

        I would wage a similar campaign in every European Country including the United States. Kind of George Soros with the health and welfare of White Europeans first and foremost, with a plan to establish a peaceful mutually respective relationship between all the diverse populations. The antithesis of what George Soros has been. I would promote a return to classical European music, art, theater, poetry, and literature. In other words, I would bring back European culture to the European people.

        I would also buy a palace, yachts, villas, and estates around the world for myself, family, friends, and associates. I would be generous but not wasteful. A plane, helicopter, and two or three jets, plus an assortment of cars, trucks, and tanks. Also: I would have a private army to protect my people and myself.

        Only 58 billion. I would work toward making it 58 trillion plus, and start working on a settlement on Mars and the Moon. There are already people working on these things, I would join in with them. And I would be involved in medical research. I’ld straighten out our health situation and work towards health, fitness, longevity and happiness for all.

        __ the hardest part to becoming a millionaire, billionaire, or Trillionaire, is the first ten bucks. A rich man told me that, and it makes perfect sense. The hardest part of doing anything is just doing it; getting started.

        __

        • Frank Thoughts

          Really good idea! Europe is still the most advanced and sophisticated place on the planet with the most beautiful women. We need to see a take-back of the European Union and to make it the bullwark that defends first and foremost white European people and their history and culture. It needs to stop being a neo-liberal cesspit importing the garbage of the third world, as it does today. Once that is done, Europe can then make mutual trade pacts with other places, starting with its peer equivalents (China, North/South Korea, Singapore, Hong Kong, etc.).

          • nameless n faceless

            Way to go, Frankie! LOL. Had to mention the ladies.

        • Ketchupondemand

          B of Ca, when you win the powerball, give me a heads up, I’d like to help with your plans. 🙂

        • Nailbanger

          If i had 58 billion dollars i would build a community and staff it to help the homeless here on our island, theres lots of druggies who chose that life, but theres lots of folks who are just down on their luck, i would set it up as a working farm, small mobile homes, nurseries for propagating, gardens, livestock, id buy off the local politicians so they would STFU in any opposition, and help folks get dignity back along with purpose and shelter. I bet i would still have 57billion left to do something else

        • Stud Muffin

          If I had that kind of cash, it would priority number one to sequester the leading beauties of Europe in my private palace, and begin the hard work of procreating.

      • Sam Adams

        Get a freeze Dryer. Start spending the time to get real food done right. I bought a Harvest Right. Keep it running.

    2. Anonymous

      Cool. I am hungry to eat some of these riches.

    3. Oldguynorth

      That works fine until the US bans physical gold, then what do you do. Here’s a question,could you walk into Canada with a couple ounces of gold in your shoes unnoticed? Not that I’d ever turn it in, but how would you buy with it, maybe through barter? Just asking.

      • durangokidd

        I don’t expect gold to ever be confiscated in America again. No point of it when digital money is just around the corner. To the Gangster banksters, gold is just another commodity with value that they can manipulate the market price of, to increase their real wealth.

        You lose 5% of the value when you buy or sell. That’s why JP Morgan has so much silver and gold …. for their wealth management clients to whom they sell it. Then they store it for a management fee; then insure it for an additional fee.

        Not much different than you’re taking your dog to the kennel while you take a vacation. 🙂

        • Enemy of the State

          If they figure out how to confiscate our guns,, they will figure out how to take the gold too

          and heres a clue.. they dont plant on “confiscating” a dam thing..it will be removed from your possession against your will , even if that means putting a government bullet in your head

          • Nailbanger

            Said it before
            Ill say it again
            FROM MY COLD DEAD HANDS
            III%

            • Enemy of the State

              Amen to that! III%

              • Nailbanger

                If they are confiscating our guns we are way beyond worrying about shiny gold and silver coins, that time will have come and gone, i still think we are in for some hard times, dont matter who the current figurehead is, what goes up must come down,

        • Hermes

          Then Durango kiddy stores $10 bills in #10 cans and looses 15% annually just in inflation. LoL

          Hard to teach economics to an idiot. And Yes China has been backing their Yuan currency with gold. Been trading it for oil with Russia now for months.

      • crappenstix

        oldguynorth

        You would walk it over to your friendly Canuk gold dealer. He will gladly give you your
        Canadian notes for it. Which can later be exchanged for Americano pesos. Sounds like
        a lot of trouble me. Unless you live in say, Minot or Grand Forks or International Falls.

      • Hermes

        I know a guy that sold his Telecom biz in the mid 90’s for $1 Million dollars. Bought 5-6 400 Oz Gold Bars. Sent a couple of them home with his brother in Canada to bury someplace safe. Imagine he easily increased his net worth 3 to 4 times at todays gold prices. I bet he eats like a king today.

    4. durangokidd

      I will be spending the summer on some gold claims in the high country. My only cost … my time .. while inhaling the sweet smell of fresh pine and douglas fir.

      It’s a thankless job, but someone has to do it. Move your hiney to find some shiny. 🙂

    5. Slap Happy

      Li Ka-shing. Bada Boom, Bada Bing. Great name.

      Ka-shing.

      Keep Stackin’ & Preppin’, it’s a comin’.

      • Faux Liberte'

        “La Ka-shing” Yep. “CEO Rick Rules” is curious as well.

        The world gets more entertaining when you pay attention to the details and subtle coincidence, doesn’t it?

        Speaking of oddities. I had an interesting Easter experience at our “Christian” church, as they celebrated the pagan ritual with something that looked like the Shiva destruction dance, with Jesus on the cross in the center as he descended into hell.

        In the next scene, when they had him rise from the grave, the audience went ballistic with shouts of joy and speaking in tongue, (Sadly, no one rushed the stage half naked, or rolled onto the floor – as if possessed, to heighten the entertainment value).

        You can’t make this stuff up. When you ingest the red pill, you better have a sense of humor and start stacking the popcorn.

    6. lena

      smart guy.

      hard to say when, but I think it’s pretty safe to say if you are under 50, you’re going to have to live thru the global financial debt defaults.

      no one really has any idea what life will be like during it or after.

      luckily, it’s likely WW3 will be started up before then by those in control so a whole lot of us will not have to endure it.

      Huh ? war almost broke out this weekend ? Hmmm.

    7. Nailbanger

      Gold! Gold!
      Theres gold in them thar hills!
      Meh

    8. B from CA

      Ca-Ching ?

      ??

      __

    9. Joe Schmoe

      If this were true the price per oz of physical gold would be rising a heck of a lot faster than it is. Think these people (quoted in article) have an ax to grind.

      • GrandpaSpeaks

        Or gold to sell, the reason for the price manipulation is to keep the faith. The eye atop the pyramid told me so.

    10. tc

      And I didn’t even say the j-word that time.
      It’s like commenting in a vast echo chamber completely devoid of oxygen inside a vast space of nothingness.
      In space…no one can hear you scream.

    11. TEST

      A bit long, but for those of you who read Jim Rickards, here is his take on N. Korea. https://youtu.be/CK5yGk5Yvg0?t=1539 About 50 min., so I am listening in the background as I work

      • ruckus

        Boy, that Melissa McCarthy sure is a handsome man.

    12. Anonymous

      Many have lost their lives searching for gold! Gold fever! Like spring fever? We have a lot of ducks this time of year chasing each other right into busy traffic! All that shines is not gold! There is such a thing as ‘fool’s gold’.

      Need practical objectives. There are lots of opportunities but a shortage of vision and insight. Thinking out of the box!? Drive? Anyone have ‘drive’? A desire to do something, to accomplish something? Sitting on your hiney ain’t going to do it! That is why Einstein said the most powerful force in the universe is imagination! Hopefully our imaginations are getting stimulated and steps for achieving our objectives are becoming clearer and clearer. What are the things that shackle us, that limit us from accomplishing our objectives? Often times we are our own jailers. If a door has closed then look for that next door to open. I agree with B who said, “The hardest part of doing anything is doing it.” Just do it!

      Had a great day with family and friends out in the swamps of the Atchafalaya on a camp along a lazy river. Ate a lot of ‘mud bugs’ and made up for months of sweets deprivation!

      Louisiana Eagle ?

    13. watching and waiting

      In the future,unfortunately, the best metal to possess will be The full metal jacket.

    14. kate derickson

      Bible says: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 stumbling block of their iniquity. Ezekiel 7:19

      • ridge runner

        Yes, but BEFORE The Day Of The Lord, I will gladly scoop up all the gold and silver that
        anyone wishes to cast into the street. Just tell me when and where and I’ll be there!!!!!!

    15. waiting

      I wonder if the elite who built underground bunkers thought about the MOAB? Or being at ground zero? And I’m one of those who say “You can’t eat gold or silver”. Better to stock food, water, medical supplies, seeds etc. Gold has no value if there’s nothing left to buy. Who would want to sell their food for gold?

      • crappenstix

        Keep it for the boat ride to safety. Head south my friends. Way south.

        • waiting

          You mean we’ll be illegal aliens in Mexico.

          • Anonymous

            Way, way, way south.

        • crappenstix

          South and west. Micronesia.

      • crappenstix

        Break out the brass knuckles on them snowflakes. Future Democrap leaders.

    16. Brian

      I’m waiting for the first news story of someone being killed solely for the purpose of getting his/her gold teeth. Will the price of gold reach a level that people with gold teeth be afraid to open their mouths for fear of someone seeing the gold teeth?

      • Anonymous

        Brian,
        A few years ago there was a gold frenzy. You couldn’t turn on the TV or radio without being bombarded by those scammer cash for your gold companies. There were many reports of thieves running past people and ripping their gold chains off. Gold is a criminal’s dream whether a petty thief or a sophisticated one. There is always a buyer for gold.

    17. GrandpaSpeaks

      Gold and silver will be turned into food on the barter blanket. I choose the currency recognized by our potential conquerors. The barbaric tier one relic. The insurance of insurers. The chance to purchase your freedom after the bullets are spent.

    18. tazweiss

      I buy silver on a pretty regular basis but one question keeps nagging at me. If gold and silver are so important to keep for the upcoming collapse, why are these companies trying so hard to sell as much of it as they can? You would think they would be trying to hang onto every ounce they could and only sell enough to keep the company viable.
      Every time the price of silver goes up, I don’t try to sell it for a profit in “fiat” currency. However, the companies that mine and sell it and who know as much and more about it, do their best to sell as much as they can, why is that?

      • GrandpaSpeaks

        It is because their stash is still in the ground and the confidence in the USD remains in effect. The unleashing of gold will signal the end of the dollar and at that time no one will accept fiat for physical. And our lives will also go no bid.

      • AZcats

        Well, we are still in the fiat paradigm. Gotta pay the bills right???

        If I owned a coin shop I’d be pretty happy. Have a huge inventory of gold and silver. I get to trade it for fiat to feed the family and pay the rent. And when the dollar collapses and there is a gold regulation. BOOM. I’m filthy rich

        • pragmatic65

          AZcats

          Don’t be fooled. Not every Joe Citizen turned in his gold in 1933. You better believe some
          of the old farmsteads still have mason jars buried that will never be found. When grandpa
          died and grandma got Alzheimers, the secrets died as well.

    19. NewAnubis

      The acquisition of PMs is a hedge strategy for the preservation of wealth amid turmoil not an investment vehicle (necessarily) in and of itself. The degree to which one believes the PTB and their assurances of fiat currency stability is proportional to the amount of PM they own in relation to overall net worth–as historically derived.

    20. Agent76

      This is my personal all time favorite speech on and about fiat banking.

      May 21, 2013 Why the whole banking system is a scam – Godfrey Bloom MEP

      • European Parliament, Strasbourg, 21 May 2013

      • Speaker: Godfrey Bloom MEP, UKIP (Yorkshire & Lincolnshire)

      https://youtu.be/hYzX3YZoMrs

    21. Jimbob 327

      When our prepping is lacking faith in a creator we lack everything needed to sruvive.

    22. Anonymous

      Wonder if he has a hoard of imperial jade to go along with all that gold?

    23. oops

      So the wealthy are scared. No way I’d get into my tomb willingly!

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