Being on a gold standard is not a reason for prices to go down. But anyway, I know you wanna sell some ounces.

I watched this when it came out

They want the mark of the beast system, which is only possible through tokenization and ledgers.

- *MONEY* *DOES* *NOT* *REQUIRE* a ledger, just to simply exist. - Ledgers are just an optional service that you can use, as a record of ownership, for the money that is stored on your behalf. But a written ledger is never the money itself, because YOUR OWN money, when held personally in your own hands, does not require anyone to keep track of it for you!! - In the best case scenario, the sole purpose of a ledger is to track and trace ownership, but in the worst case scenario, it is to track and trace a population for total control. - If you have a ledger written out on paper, with no underlying physical asset, then it is just a worthless piece of paper. It's a physical claim check on nothing. If it is a digital ledger, then it is just a worthless digital record, that is a claim check on nothing. - Ledgers are clearly NOT MONEY and never will be. Its a scam.

Probably, nowadays, for the same reasons and concepts presented, bitcoin is the new gold

The tweet at 9:23 points out a shot across the bow of all international holders of U.S. assets that those assets are not their own.

What has my jaw on the floor about the chart at 5:55 is it shows that all of the gold demand during the massive bull market between 2000 and 2011 was private demand. But today we have massive and ever inclining government demand. When the private demand comes back... need I say more?

This video is downright prophetic

they is nothing basic about the rules set up by tyrannical governments

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Woa, this is 10 shitting years old

Secret is i guess is your money in asia, africa and Europe is fake currency, usa dollars only a little better, but best of all real money is silver and gold

if one deduced what the biden administration is doing, then all actions seem to be making the currency shift to the Yuan ASAP as your world currency chart leaves open

with the world gold chart data at time 0402: 7 years x 12 months x 100 tons / mn ave = more gold than usa claims to have

Yet the price barely moves...

Brent has been right about the dollar domination. Eventually, it will fail but now is the time to travel and buy AU. Thanks for a great interview, Mike.

Not that many gold bugs will be able to rationalize with me, but if the everyday person is now buying gold regularly at a Costco it likely constitutes a good contrarian indicator to start liquidating some of your holdings. Remember the regular Joe is always the last to buy into an asset class at its peak. Oh and Mike, could you mention again how your business is offering better gold options then Costco, I think everyone really appreciates the shameless plugs 😂.

The table looks nice with all the greens but if we look at the chart, anyone who went in between 2011 and 2013 will be holding “losses” (vs. currency) for a good 7 years…

This video is downright prophetic.

Hey Mike I really enjoy your show I wanted you to know that. We are thinking about going to Puerto Rico can you recommend the best place to stay for motel,great food ,and airport convenience.?? Reasonable process as well?? Thank you

Just found this series in 2024. Eye opening!

So people like Bitcoin because it is governed by incorruptible code and not by people and will be around forever. The current system is not sustainable and is why more and more countries are ditching their reliance on the US dollar.

The problem is Russia is not going to stop, so funds will be needed to protect Ukraine...using Russia money is a better option then using my money. Long tern this could unite countries against us, but they have been against us for a long time, in good times and bad. They will not be our friends, we should focus on ourselve and not try to appease our adversaries...they are not trying to appease us

How are you calculating newly mined gold purchases vs the selling of stored gold bullion? This info does not necessarily indicate an OUTFLOW of gold from the west, it can be interpreted as the acquisition of newly mined gold going extensivley to the east, whereas not much buying of newly mined gold in to the west.

LOL GOLD AND GOLD STOCKS ARE DEAD CRYPTO IS ALIVE AND BOOMING

The Great Taking is what the World Economic Forum refers to as The Great Reset. And what economist Jim Rickards refers to as Ice 9. The laws have indeed been put in place and he has extensive videos about it

Not every derivative is a bet. There is also a tremendous portion of currency swaps which are backed by credits. Do you have figures in this respect or am I wrong? This fact may relativize your views a lot! How about requesting the papier certificates from the bank administering your deposit? This way you are the only holder of stock! Moreover, there must be something wrong with Webb's view: "Lehman’s bankruptcy caused minimal disruptions to most customers of its broker dealer, Lehman Brothers Inc. (LBI). One reason is that, by law, customer assets and Lehman’s own assets were segregated."

China is also the leading producer of computer parts and electronics and batteries. Which all use gold. I'm sure they're hoarding some, its a good economic strategy, but still need to account for that. I'm sure they import a shit ton of lithium and copper too.

Gold always the things in war

Us aussies keeping up with a population of 25 million guessing thats what has has saved us all these years

Ridiculous.

China is going to peg their currency to Gold.

ive been putting all my wages, after bills of course, into gold ETFs, sure its not physical stuff, but i dont mind, at long as it follows the gold price which will only go up ill be happy, better than just keeping cash in a savings account thats will get eaten by inflation, plus my aim is to wait for the GOLD DOW ratio to drop to 3-1 or less which i hope happens by 2030, and swap my gold ETFs hopefully when gold will be US$5,000+ and swap it into dividend stocks that will be much cheaper after the coming crash, thats the aim.....

The reason behind this is that unlike most major economies in the world, the Chinese government holds the ultimate power to their currency, meaning they can just print money as they want. So most middle class Chinese would hide some gold in their homes just in case the currency value crashes.

Brics will use gold to settle trade

Is it really a surprise? Gold is used in 99% of electronic devices because it's a non-corroding and highly conductive metal. Who makes most of the world's electronics? China.

China is crumbling right now

Who owns the gold makes the rules

Say it with me: Correlation does not equal causation. The reason China is desperate for gold is because their own markets are so chaotic that rich people are desperate for somewhere to park their money. Gold is the one 'safe bet' but all this is doing is driving a massive gold bubble in China. When it bursts, it's going to wipe out trillions in wealth. The dollar isn't going anywhere. Russia is being sanctioned into the ground, China and India hate each other, and Brazil is the only one with it's act together... FOR NOW.

Now look at the top exporter of cobalt, the top importer of cobalt and the top importer of cobolt from the top exporter of cobalt. Also look at the owners of most of the cobalt mines in the nation that exports the most cobalt

I would imagine it's more of a trade thing. Not many people are willing to take yuan, but I'm sure they wouldn't mind gold. It's also used in pretty much all elecronics.

Have I discovered Mikes Theme song, from Japan? 銀の龍の背に乗って - 中島みゆき（フル）🎵🎵🎵🎵🎵

Nice research my CPC bro but the dollar did not become hhe de facto world currency until 1945. Oops.

Or perhaps they just use that raw commodity in the production of the more sophisticated goods that they export.

My Moon Bag Roth IRA has Bitcoin, Silver and HBAR. So it’s well represented here

Why buy when you Can find in goldfields it's tonnes out there for grabs hard work But regarding Great fun kn The stick's for whole family 😅

Peru we up there baby 🇵🇪 💪🏽

There is NO Number 2 currency.

This is very close to coming to an end as we speak.

I would have said the new sanctions would result in less feet in the US but even the legs are already gone...