#currencyreset #FederalReserve #QE #gold #silver #technicalanalysis #deficit #debt #monetisation #dollar #economics
Today we will look at the long-term technical picture for gold and why the next price reset by the Central Bankers could take the price to at least $8'000.
We will look through the major Central Banks' balance sheets and how the rate of growth of their assets and liabilities are going parabolic and why that does not bode well for the currencies that they issue.
We will also be doing our usual Sunday Q & A session.
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Thanks again for keeping us updated & educated,@maneco64. If Silver hit $500, would it be wise to pay off a 3% mortgage, with it?
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You're actually pretty close... The Stable Melt Values of Silver and Gold, after the Reset will be $7 per ounce of Silver and $70 per ounce of Gold... If measured in today's Fiat USD's, that comes to $700 per ounce of Silver and $7,000 per ounce of Gold... The Silver/Gold Ratio will be Fixed at 10 to 1 if measured in U.S. Silver and Gold Coinage...
June 27, 2021... 16.7 Hollywood Time...
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