The Next Reset Could Take Gold to at Least $8'000 and Silver to $500.

in money •  3 years ago 

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.

SUPPORT MANECO64:

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/

Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/maneco64

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  3 years ago (edited)

Thanks again for keeping us updated & educated,@maneco64. If Silver hit $500, would it be wise to pay off a 3% mortgage, with it?

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...