Guest Post by Jesse
One might wonder why are these countries steadily acquiring such enormous stores of gold bullion.
And they might even notice that since around 2008 the central banks of the world have become net buyers of gold, after many years of managed selling.
Gold is flowing from West to East, and into strong hands and official vaults as security against a changing monetary landscape. And except for the occasional use of subtrefuge and force, it will not return to the public markets anywhere near to these current valuations.
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It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
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To donate via Stripe, click here.
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Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
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“It’s a barbarous relic…”
…until someone pulls the pin on the Petrodollar arrangement or the SDR (Special Drawing Rights) magically becomes the world’s reserve currency.
Along with keeping track of the metal exchange prices I also watch the crude oil market.
Just when you think the price of gasoline will drop as the crude stocks increase, along comes a convenient tanker fire in the Straits of Hormuz. The Saudis need to keep their crude at around $50/bbl and their citizens in line.
I’m of the opinion that, sooner rather than later, the House of Saud is going to become one hell of a dumpster fire that will be pretty hard to contain. If that happens the Game is ON, bigtime.
Watch what they do not what they say. That is good advice in most situations. It is especially important when the say it’s raining but they are pissing on your head.
I think silver is the better barter item. Also, the average person can afford it.
The average person can afford it but they don’t own it primarily because they don’t see it as an insurance policy on the paper they use daily. The average person has never seen a real silver dollar. If SHTF I plan to use Ag as exchange for food, necessities, ammo, or medical care should the need arise.