Gold Standard 2.0 Is FINALLY HAPPENING! Gold & Silver Prices Will Soar - Andy Schectman

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Finance Log

Finance Log

Күн бұрын

Popular bullion dealer and financial commentator Andy Schectman believes the final pieces are now falling in place to steer the global economy and financial system back to a Gold Standard. During a recent interview with Liberty and Finance, Andy speaks about two important events that are clear proofs of the "little by little" then all at once moment Andy has been predicting for years. The first event is gold surpassing the Euro in global international reserves. According to recent reports, central banks' continued accumulation of gold, coupled with rising gold prices, has grown the precious metal's share of reserves to the detriment of fiat currencies. As of the end of 2023, gold had surpassed the Euro, and is now the second most-held asset by central banks after the US dollar.
The dollar's share of global reserves has been a steady fall in recent years, going from over 78 percent in the early 80s to 48 percent as of 2023. Gold has gone from 11 percent of global reserves to 18 percent as of 2023, while the Euro is stuck at 16 percent.
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Credit: Liberty and Finance
Is The Bull Market Over Or Just Beginning? | LIVE w/ Andy Schectman
• Is The Bull Market Ove...
#gold #goldpriceprediction #andyschectman #silver

Пікірлер: 52
@chillraquel
@chillraquel 3 ай бұрын
At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like gold, silver, digital currencies such as Bitcoin, Ethereum, and XRP, thanks to Jane Nina Pickett for her guidance in these fields her proficiency is outstanding
@robbietwo
@robbietwo 3 ай бұрын
Thanks for sharing, I just did a web check with her full names mentioned
@daveliane1
@daveliane1 3 ай бұрын
Bring on the GOLD STANDARD!
@robertporter6507
@robertporter6507 3 ай бұрын
In order for gold to be the standard again, the price of gold would have to be astronomical, because all gov't have printed and spent way above their means.
@timlargent1063
@timlargent1063 3 ай бұрын
​@@robertporter6507 we are not going to be using the fiat dollar , the debt will be gone next year and starting over without the federal reserve. It's going to be a good thing. Gold back currency next year.
@galenhaugh3158
@galenhaugh3158 3 ай бұрын
Maybe gold will be $27,000 soon but the dollar will be worthless at that point.
@jacquesrubidoux8263
@jacquesrubidoux8263 3 ай бұрын
A million times zero is still zero
@jacquesrubidoux8263
@jacquesrubidoux8263 3 ай бұрын
A million times zero is still zero.
@george0r510
@george0r510 3 ай бұрын
Look around you, the U S A dollar is less by 40% in the last three years, from inflation. It only will get worse from here, with de-dollarization happening like it is. That same function of de-dollarization will only accelerate, so with or without the return to the gold standard, the dollar will revert to a -0- sum in value either way. Our leaders have milked the life out of our currency, it seems by a plan, with the many decades of debt practices. The U S A will be no more, at least like you know it?????? We are in a deep difficult economic time caused by poor leadership for decades. Brace for an economic crash like no other, maybe accompanied by atomic war. You can see the saber-rattling in your face, can't you see it.... This all is not a new happening, the progression is just accelerated, and nearing the end of fake bullshit and the theft of our values in the U S A. It started in the timing of the '60s and '70s. and slowly, at the end, (we are very near the end of fake), it will go quickly, very quickly. A massive economic and financial shift will be made obvious in your homes, on your kitchen tables, and in your lifestyle. Poor in this country, headcount will go up like no other time, and POOR WILL BE POOR ,LIKE YOU DO NO KNOW POOR. Brace yourself.
@pandorasbox9294
@pandorasbox9294 3 ай бұрын
$27k a nice is the revaluation price of the money supply in circulation. Hyperinflation would make gold worth a million or more an ounce. It’s a huge difference
@Bruce-ft6ey
@Bruce-ft6ey 3 ай бұрын
Gold at 27000 what will a loaf of bread cost 1000
@snuffle2269
@snuffle2269 3 ай бұрын
But so few will have gold OR have 1,000 to buy bread.
@Gadsdenflag
@Gadsdenflag 3 ай бұрын
One brass case.
@newchurchofphiladelphiawit1568
@newchurchofphiladelphiawit1568 3 ай бұрын
“A man cannot live on bread alone” JC
@pandorasbox9294
@pandorasbox9294 3 ай бұрын
Highly doubtful
@whitebuffalo2847
@whitebuffalo2847 3 ай бұрын
​@newchurchofphiladelphiawit1568 but by every word that proceeded from the mouth of God
@esioanniannaho5939
@esioanniannaho5939 3 ай бұрын
BRICS have a finance focused meeting in September Shanghai where the new Unit gold backed token will be agreed. This will link the Regional PaSS ( payments and settlement systems). It has been tested and now is up and running. Once this is formalised in the Kazan summit in October I expect the all at once moment.
@christopherk140
@christopherk140 3 ай бұрын
The markets are not yet looking at reality…. Soon any asset you own vs a paper asset will either make you smile or cry.
@jamesborders9841
@jamesborders9841 3 ай бұрын
Yup
@ClydeSexton-xo8vw
@ClydeSexton-xo8vw 3 ай бұрын
🤞
@LoneWolf-qk9pl
@LoneWolf-qk9pl 3 ай бұрын
The Dollar and lifestyles everywhere will crash soon.
@christopherk140
@christopherk140 3 ай бұрын
I agree but sadly my wife along with the majority of the population can’t believe the demise of the dollar and the USA.
@Gadsdenflag
@Gadsdenflag 3 ай бұрын
@@christopherk140 women are incapable of thinking logically they only think with their emotions. You telling her that things are going to get bad causes her to get emotional and she will not be able to process the situation due to her overly emotional state.
@jep1948
@jep1948 3 ай бұрын
will it be measured in ounces
@davidkrempasky7086
@davidkrempasky7086 3 ай бұрын
I agree
@STO7750
@STO7750 3 ай бұрын
LOL, the headlines keep adding larger digits...
@williamknights13
@williamknights13 3 ай бұрын
Why are silver eagles so important over other silver?
@baron6271
@baron6271 3 ай бұрын
If the BRICS keeps buying gold and silver, I'm still backing up the truck. LOL NFA.
@george0r510
@george0r510 3 ай бұрын
The U S Trade Commission hearings for like 8 years or more, approximately through 3 or 4 presidents' terms, produced a function in the decisions that were reached, seemingly on the strengthing FREE TRADE on behalf of the U S A becoming GLOBAL, with trade in a one-sided way. It appears such decisions resulted in our U S trade deficit expanding so, so much, with our factories moving offshore, taking jobs with them, further enhancing the economic dependence on foreign trade, with no production, or limited production here at home. We now have extended that massive loss of domestic production, and jobs, by adding massive, DEBT IN EVERY CORNER OF GOVERNMENT AND SOCIETY. Now we are reaching the time to pay for all the theft, and globalization, as it was a very poor approach. It is the DEATH of a GIANT ECONOMY to a minuscule level of past market strength. Then to our added weakness 15 to 24 million indigent foreign illegals from across the world, with no talents or intent to normalize as they came as illegals...... They have no more intent to become legals as a stone can float in water.
@BarryKing-mc7vq
@BarryKing-mc7vq 3 ай бұрын
😊😊 absolutely
@timlargent1063
@timlargent1063 3 ай бұрын
We are going to a new gold back monetary system next year , its going to be good
@wadestclair249
@wadestclair249 3 ай бұрын
For BRICS to work using a gold or bimetal standard gold and silver will have to fall in price. 🤦
@MRCLUB-rj1kq
@MRCLUB-rj1kq 3 ай бұрын
During the crisis CBDC will be introduced as a solution
@carllarouche7314
@carllarouche7314 3 ай бұрын
Was that AI ? if so looks it
@carllarouche7314
@carllarouche7314 3 ай бұрын
Lose AI
@wesleykawakami8563
@wesleykawakami8563 3 ай бұрын
Bitcoin will exceed gold. El Salvador saved their economy by buying Bitcoin. Had they bought gold, their economy would still be in trouble. China stopped buying gold and started loading up on Bitcoin.
@dennistupper8262
@dennistupper8262 3 ай бұрын
Really ... China buying Bitcoin ... Another LIAR.. How about you show an ounce of proof of that BS...
@francoissimmer5394
@francoissimmer5394 3 ай бұрын
Republique de Weimar !! l or physique 🚀🚀🚀
@lenchenette6813
@lenchenette6813 3 ай бұрын
I love your reports but your shifty eyes drive me crazy.🤪
@chilichickSantaFe
@chilichickSantaFe 3 ай бұрын
We need to get Trump back in.
@christopherk140
@christopherk140 3 ай бұрын
Trump maybe better than Biden but no man will pay off the debt… no man is going to halt the impending economic shitstorm
@mitchberger2691
@mitchberger2691 3 ай бұрын
Unfortunately he would have to fire 50% of fed workers to make a dent. Interest on the debt is going parabolic. This will cause the printing press to work 24/7. They can't lower interest rates much. Why would someone buy a t-bill when we robbed Russia Weaponizing the usd has turned the world against us. No one trusts our gov't so rates will have to go up to attract buyers. Brics currency will create a excess surplus in usd.
@marciabonk2533
@marciabonk2533 3 ай бұрын
...for several reasons!!!
@Behindthecurtain-s1o
@Behindthecurtain-s1o 3 ай бұрын
Trump ain't going to do shit.
@miltonpasson2068
@miltonpasson2068 3 ай бұрын
​@@Behindthecurtain-s1oTROLL
@BarryKing-mc7vq
@BarryKing-mc7vq 3 ай бұрын
😊😊 absolutely
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