Ok, so I have to admit something…
I’m not sure if you spell it Unobtainium or Unobtaineum since it’s a made-up word, but the point remains: there could very well be a time fast approaching where you can’t obtain Gold.
You either have it or you don’t.
That’s a message I’ve heard repeated by many people in recent weeks, most recently just today by Steve Quayle on Greg Hunter’s show.
I always love listening to these two chat, even though they got a little chippy at the end, with Quayle chipping back “Did you not just hear me?”
That’s ok, stress and tensions running high.
But there was a LOT in this one and I will try to summarize a couple main points.
First, Quayle points out that China has been absolutely DUMPING U.S. Treasuries in recent months, and then accelerating the sales this week.
According to Quayle, they dumped so much this week they sold them for 15 cents on the dollar just to get out.
As Bo Polny keeps warning us, a failure of the U.S. Dollar (USD) $ is coming and this is how you get a failure.
When the second largest holder of U.S. Treasuries rage quits the market and dumps them at fire sale.
Take a look at this:
China cuts US Treasury holdings to lowest level since global financial crisis. And the sales are accelerating.
At the same time China is increasing its gold reserves. #gold pic.twitter.com/5JwJSkfRJg
— Wall Street Silver (@WallStreetSilv) March 25, 2023
Ok, so to everyone who just tuned out when I started talking about Treasuries, let me explain to you why this matters.
DISCLAIMER: no, I am not a Financial Advisor and I’m definitely not YOUR Financial Advisor. But I am a reporter and I report it like I see it. Fair and honest.
Because the US Dollar is likely going down hard….
But that also means Gold is likely about to Moonshot.
Check this out:
Gold's new 8-Year Cycle looks to be confirmed now.
Leaving behind one hell of a sexy looking chart.
The narrative for a big bull market is certainly there. pic.twitter.com/PFv4TJ5KVS
— Bob Loukas (@BobLoukas) March 25, 2023
I think you should get out of the banking system now. Shift your deposits into Gold, Silver or Crypto. You can't trust your Bank or the Govt. When the derivatives bubble pops no Govt will be able to print enough money to guarantee all deposits without causing hyperinflation.
— Kim Dotcom (@KimDotcom) March 25, 2023
The Hierarchy Of Money And The Case For $8,000 Gold https://t.co/52Ci27pQxZ
— zerohedge (@zerohedge) March 24, 2023
As for that last one, that would be going from $2,000/oz to $8,000/oz.
We call that a 4x move, or a 400% gain.
You can watch the full interview here on Rumble:
If you already have gold, that’s great!
For everyone else….keep reading:
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Don’t wait too long, we might have more bank failures right around the corner.
You know what has NEVER “failed”?
Gold. Precious metals. Indestructible.
There’s a reason they call it “God’s money”.
Watch this for more:
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