🔴 BACK TO GOLD: Fed Says the US Should RETURN TO GOLD Standard to Lower INFLATION
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The information provided on this channel should not be construed or relied on as professional advice for any specific fact or circumstance. This channel and its content are designed for entertainment and information purposes only. The content available is created to provide a general overview of a topic and is not a substitute for professional services. Always seek the advice of a finance or a legal professional that would take into account your specific circumstances. Opinions expressed are solely my own. Only publicly available information has been used.
Many congressman would oppose moving to the gold standard, because they would loose power being unable to sanction other countries arbitrarily. But if Brics moves first to the gold standard, that would put enormous pressure on the USA and Europe.
You mean the US government has no choice now as all the brick countries are aligning on the gold standard!
they already are bric's gold on rise
BRICS countries are totalitarian and totalitarian countries dont like currencies they cant control, like a gold currency, and secondly, gold currency probably wouldnt work well anyway.
I agree, the BRICS will force the USA to stop pretending we have money. Fiat money has a short shelf life. People soon figure out it’s just smoke and mirrors.
correct
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The FED just confessed its own existence is problematic to the economy
Tjhe only reason they are suggesting it is to keep there control because it's going to happen with or without them ! I want a full audit of the Fed !!
@@muddyriverdogz Exactly - its to late, What ever trade system BRICS+ come up with will be backed by gold and commodities. USA has abused the "privileged" trade dollar backed by trust.
Woodrow Wilson got suckered when he signed The Federal Reserve Act in 1913, I believe it was. That's what happens when Congress gave up its power to print and coin money and regulate the value thereof.
Me too! Unfortunately, the FED is accountable to no one. They need to be!
@@muddyriverdogz we're not going back on the gold standard lol, that would destroy the economy
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
Invest in real estate, ETfs and high-yield savings account.
Just buy Gold and protect your assets, the stock market is a rollercoaster.
how do I get one and interview them? Considering your point I won’t want to get into a bubble. Can you recommend any?
Cheers . Sharp looking lady. Hopefully she has my time. I wrote her then set up a call.
Awesome buy with the Berkshire Hathaway stock!
The former US president who suspended the gold back currency said it was supposed to be temporary! Its been 50+ years!
It has been 53 years and we are very close to a worthless dollar. A nickel
candy bar like Snickers and Milky Way today costs you $1.25 plus tax of
5 to 10 percent. Under the gold standard from 1950 to 1970, the price
of any candy bar stayed the same. Stability comes with gold. You can have
full faith and trust in fiat currency to keep the printing press going.
That would be President Richard Milhouse Nixon on Sunday, August 15, 1971, in a nationwide address at 8 pm. Interrupting an episode of Bonanza
politician always say temporary for measures that are not popular and it's meant to last. in france we still have temporary taxes that were supposed to represent a tiny percentage but it's now17% for 30 years if not more. Same with emergency measure, taking away your freedoms...
@@ronwinkles2601 under a gold standard prices remain low but so do wages and growth. You have to deal with depressions and recessions all the time as well. We're much better off on a fiat system
@@nicholascogdill7220Oh the irony.😂 Subliminal messaging?🤣
Politicians don’t want a gold standard because they could not promise all of the freebies
promise and fulfill are two different things
forget freebies, you can't even afford to keep the economy out of depression on a gold standard
Exactly !
When the US, EU, UK use the phrase "rules base"...means their rules and F EVERYONE ELSE!
@@seymorefact4333 Russia is saying F your rules. More need to join in.
She Said ," Rules Based Approach ". Problem is ,they don't play by their own rules !
Exactly, the US talking about rule based order is like a bully singing kumbaya with his victims.
USA like to control countries
That's Right Rules For some and not for others😂
Yep, they sure do love that rules-based approach.
@@Phuckitall ironic thing is WESTERN nations never follows its own rules
The reason for removing the gold standard in 1971 was to create " bread & circuses " for the masses! That would give the masses what they desired, unlimited prosperity. The problem is that what we see now, is it's time to " pay the fiddler." Another big reason is as you said, the power to manipulate other nations.
Naw Nixon did this so that the US could spend money on endless wars and military expansion.
Note that with 'going back to the gold standard' globalists are not making it transferable such as what de Gaulle did. You'll get some digital fake money that globalists have ABSOLUTE CONTROL over as stated by Agustin CARSTENS of the Bank for International Settlements.
Wrong. We zoomed past the gold standard. There literally isn’t enough gold in existence to equal a modern economy. “The masses” were working union jobs and owned homes and were incredibly prosperous. I was there. The problem isn’t lack of a gold standard - this isn’t the Middle Ages - it’s forty years of neo liberal economic policy and the rich cannibalizing everything.
@@muhlenberg2608 Yes, fiat currency gives you more fiscal space and it makes you more resilient to shocks. We would never have survived 2008 or covid if we were on a gold standard. The fiat system is clearly superior
In 1946 we had about 55,000 tons of gold. Due to printing and spending Nixon had to take us off or lose the last 8,000 tons.
This is what makes sense but doesn’t suit the people that control money.
bulentosmane Fed's want the change to gold, Fed's control the money....
They are going to do it digitally
*Fiat Currency, not Money
@@stevewilson4718 banknotes..
@@stevewilson4718 Banknotes...
US dont want gold standard BECAUSE THEY CANNOT PRINT ACTUAL GOLD..😅😅
Need to go back to gold back currency
Won't save the USD as long as it can be used to sanction others and confiscate their money.
No, that's what started the American revolution. Need to go back to the Greenbacks. And back them with an abundant commodity, like hemp.
Unfortunately, if you did that, the ounces of gold divided into the number of dollars in circulation would shoot the price of gold to well over $40,000/ounce!
@@nicholascogdill7220 If the Bitcoin that exist only in bits goes over that amount, why can't the oldest currency that is thousands of years old do it too? The price of gold has been artificially held back, it should basically be the amount of all wealth in the world divided by the amount of gold (both mined and unmined), so...sky is the limit.
We need the separation of money and state. People should trade with what ever they choose just never use a gov. currency. It inherently gives the gov too much power.
Remove the federal income tax first and see what happens.
REMOVE ALL TAXES!
S.O.E
Ha. Too bad Fort Knox is empty!
They would spray paint the bricks.
There has never been an audit of Fort Knox!🤔😳😡
@@thisplaceisnuts Not really true. But last audit that even remotely qualifies as audit was in 1986. Altho realistically last one was 1974, last time when it was done properly and by the numbers. Not "trust me, bro" and "lets ignore those huge inconsistencies".
leonardoreina1655 How do you know that? What is your source? Thanks!
It took 7 yrs to repatriate Gemany's gold " held" by the US.
When last was the amount of gold in Fort Knox counted and confirmed. Is it not suspicious that no one outside the government has independently varified if there is still any gold left.
There may be more not less than what's claimed stashed away there...
You have the opposite idea.
@@mtrest4 I am willing to consider that possibility... Only one way to find out.. Considering what has been happening I would be scepticle of the answer at best. As per the government inflation is down, the economy is good, jobs are being created etc. Reality inflation is high, people are unable to sustain their livelihood and job reports are revised down every month. All I'm saying is that all of us have to question our governments more and pay more attention to what's happening .
Maybe Obama gave it to Iran
@@mtrest4Amen 🙏 May You And Your Whole Family Have A Safe And Blessed Happy Easter 🐣 Amen 🙏
There isn't. It's empty.
"You know I am useless and need to be fired !"
The fed will never switch to gold standard because if it does then the fed will be shut down. Monetary policy will no longer be needed as the gold standard auto stabilizes itself
if it auto stabilizes itself, why were there so many depressions on the gold standard? We havent had one since we left
@@grimaffiliations3671That's basically incorrect. Europe left the Gold Standard by 1914. Still had a depression. 1 in 3 males unemployed in Germany in 1931. Plus it wasn't a real gold standard; it was already fractional reserve and certain bonds were accepted as if they were gold. Blah blah. Gold standard era was greatest economic boom in history, period. 1990s sucks in comparison. The entire fiat era has been living high on the debt drug, dissipating the wealth of industries that were created under the Gold Standard.
There will never be a Gold Standard again, at least in any western country and that's why IMHO they will be ever less free and ever less rich.
The gold standard wouldn’t really change our economy much at all. The massive expansion of the money supply is from borrowing and lending, far more than printing. Moving to the gold standard won’t change anything in that system.
In March of 2021, they lifted the requirement for banks to hold any assets at all to back their borrowing in the fractional reserve lending system. We want to really reign in the money supply, tighten the amount of assets banks need to have to lend out money.
@@davebellamy4867 how?
Thats right. No more money changers needed.
switching to a Gold Standard: how would we eliminate all the Paper Promises of Fictional Gold that are assumed to be equivalent to Physical Gold?
Gotta rob a jewelry store. We all just have to take turns
You will wake up one day and find your fiat savings are toilet paper 🧻
You can't quit fiat currency cold turkey. Go watch money masters documentary. We would all starve under a gold standard. I'm talking great depression x100.
The govt will never allow an audit of its gold reserves. Any claim of returning to a gold standard would therefore be no different than the “trust me” fiat now used for currency.
You're right on that! The irony of the trust me currency that we have now is our leaders don't understand that trust is the foundation of every relationship: and we don't trust them. They are SO CLUELESS they don't even know why! Lol 😆 😆 😆
@@nicholascogdill7220Amen 🙏 May You And Your Whole Family Have A Safe And Blessed Happy Easter 🐣 Amen 🙏
When Nixon announced that America was going off the gold standard, I was a young adult, had my own apartment, car, and a full time job In technical terms, I've watched America's leaders make shitty decisions most of my life. We could not have done any worse with Fred Flintstone and Barney running the joint.
Rules based order is the pirates code
Love her she tells it like it is.
Very informative Lean, everything is moving so fast your videos are important.
Fort Knox was refilled with gold from 9/11/01 gold heist from the vaults of the Twin Towers
Thanks Lena, this would be impossible, the corrupt US government will never let this happen.
I grew up under the gold standard in the US from 1950 to 1970. Even with the Korean
and Vietnam Wars occurring during this period, inflation was very stable. A gallon of
gas stayed at 25 cents and a gallon of milk and a dozen eggs remained at 50 cents.
If you wanted to buy a house, you only had to pay 4 to 6 percent interest for the
entire 20 year period.
Back then, US could afford to put all its debts on a credit 💳 card..
@@mtrest4Amen 🙏 May You And Your Whole Family Have A Safe And Blessed Happy Easter 🐣 Amen 🙏
Fiat is like a drug you can't quit cold turkey. We would all starve, for sure. There would be no more welfare of any kind.
Your the best and usually the first with the truth!
They will never do this unless we replace the Fed. Their power comes from never ending spending and printing. A Gold Standard means responsible behaviour.
No it means "he who holds the gold makes the rules". It was the very cause of the American revolution.
I'm wondering if we the people can go on our own gold standard simply buy trading gold among ourselves and avoid doing business with those that don't use gold. Sure. It would be very difficult at first, but as more and more gold flowed, more and more people would be inclined to accept it.
@@jameslee-dp6cbAmen 🙏 May You And Your Whole Family Have A Safe And Blessed Happy Easter 🐣 Amen 🙏
On paper maybe. In actuality, a gold standard means we would all starve. Please watch the money masters documentary.
@@EmeraldEyesBibleSecrets Governments aren't printing money to feed people. They're printing money to enslave them through wars and inflation.
May Everyone And Your Whole Family Have A Safe And Blessed Happy Easter 🐣 Amen And Amen 🙏
Seems like the bankers are throwing our government under the bus 😅.
Aren't they "One N The Same"😅
That is true! They are! They forget what Napolian Bonaparte said about money: "When governments are dependent on the bankers for money; it is them (the bankers) and not the government leaders who are in control of the situation: since the hand that gives is above the hand that takes.
Former United States President James Madison said: "History records that the money changers have used every form of abuse: intrigue, deceit, and violent means possible to maintain their control over governments by controlling its issuance".
Or Consider the thoughts of the Founding Father of International Finance (Mayor Rothschild): "Let me issue and control a nation's money, and I care not who makes its laws".
Perhaps this is the way the fed will get the political class to stop spending.
As usual, great information in a very reasonable amount of time. Thank you Lena.
There is also the little matter that the US Constitution prescribes gold and silver as legal tender for payment of debts, which the government has simply ignored since 1913.
Bankers are the Guys who made the change.
Who controls the US currency, the federal reserve, why doesn't the Unites States control it's onw currency? I am confused!
Read the book "The Creature From Jekyll Island"
Zionist control
FED is a private bank, that has same amount, if not more, power as US government does. It basically holds US politicians by the balls.
While it is technically governments that elects FED board members, they NEVER "elected" anyone but who FED owners wanted them to.
The federal reserve is not a government agency.
They want you to be confused. The reserve dollar system is the greatest financial swindle in history.
TH-cam segued to you and I was reaching to exit when you said something sensible, I paused, glad I did, that was the most amazingly coherent discourse on gold I ever heard. Good job, I stand in awe, forwarding to friends. Thank you for that presentation.
A gold standard will only work if the currency is actually redeemable for physical gold.
Trillion of god chosen green paper in circulation, so not possible for that green paper to make a comeback
Awesome video man! Do you suggest copy trading as good approach for beginner to start with trading or should I just invest long term while I learn things on how day trading works?? Thank you!
Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people
proper research, good analysis and luck is what you need to make profit in this constant market decline.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
It is essential for you to have a mentor to keep you accountable
1. Limit your spending/cut off retail therapy
2.Put the extra cash towards investing in high yielding or steady investment.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Fantastic news report.
That's not the FED saying that, the current FED CEO is Jerome Powell. He would never advocate Gold Standard as that is much more difficult for him to print money legally!
Or impossible
ceo? the fed isn't a private company. It's part of the government
The USA being forced to make the change back to Physical Currency,
does offer some challenges for paying off the debts.
WE THOUGHT WE WOULD BE FREE OF THE FEDERAL RESERVE ???
Gold standard you will be a little bit free. You can't spend what you don't have. Going back to gold you have real money not currency
@@Les-i7eAmen 🙏 May You And Your Whole Family Have A Safe And Blessed Happy Easter 🐣 Amen 🙏
Yes we will be. Do research on XRP and decentralized currencies. You won't be disappointed.
It’s about time. The whole world is suffering because of US hegemony.
They still have to control spending, If they can't even pay the Debt and Balance the Budget then this will not help at all.
U do realize that is listed as each tax payer owes this amount.
Good Point! @@janenefinneran-wj2iw
@@SelfEvident _ There is literally not enough money in existence to extinguish the debt._
US owes approximately 34 trillion. According to FRED there is ~2.3 trillion dollars in circulation.
And on top of that US government has as high as quadrillion of dollars in unfunded liabilities.
And US also pays about a trillion in interest on already existing debt.
@@janenefinneran-wj2iw not true
@@SelfEvident Not true. The government doesn't "borrow" it simply creates the money it needs. And the money comes at whatever interest the government chooses. They could put interest at 0 or stop selling bonds altogether if they wanted to.
Lena .., easy on the eyes compared to other Utubers, and so much to contemplate with these insights, so well explained.
How much Gold is actually held in the US???😳
My guess is at a minimum, 3 to 4x what the official numbers are.
They have had 40+ years to prepare and build up the stash.
Probably minus.
@@mtrest4BUYING GOLD WHILST BORROWING, VERY FUNNY
A question that has been asked repeatedly over the years and never fully answered nor verified. How much gold, if any, is there in Fort Knox🤔
The decline of the USA’s dollar is the best news ever today and this day cannot come soon enough!👍🙏🐲🐉🐼🌏🇨🇳🙂❗️
Here Here!
The government will never do this.
When was the last time the gold was audited so that we can see just how much the USA has? I know that those that tried to see just how much gold is actually in these vaults failed each and every time to get a look at America's gold on hand.
A stack of I O U' s
My guess is there is far more gold than claimed in the vault.
They have known since 1971 that this Keynesian fiat based system will be run into the ground.
They have had 40+ years to prepare and build up gold stockpile in secret.
That is if the plan is to move to a gold standard...
More likely draconian CBDC will be forced on the people.
To my knowledge, the last time the The Fort Knox Federal Depository
was inspected by order of Congress was in 1974. While it did contain
great volumes of gold, it wasn't explained to the Members of Congress
tons and tons of gold was held for other nations to support their fiat
currencies. Much of this gold went back to the international holders as
they used the same full faith and trust promise of the US to print their
fiat currency.
who cares about gold? that was such a primitive monetary system that was prone to depression. The fiat system is far superior
If they are really saying this or even actually thinking this. Gold would have to be repriced over night. Like to at least 20k an ounce. If they ever wish to implement the gold standard
Good afternoon Lena
Happy Holy week every one. God bless you all
Petrova as usual gets it right. This is similar to FDRs revaluation but without confiscation. To back the Dollar gold will need to be revalued higher for the trillions of dollars and debts already created. As for sanctions its obvious they aren't working anyway.
The Danish finance minister said exactly this early in 2022. That's why central banks have been buying record amounts.
The problem is over spending. I don't believe the gold standard won't stop that.
They are running in with the solution. Step 1. Problem Step 2. Reaction Step 3. Solution 😂 just one big game.
Lena, brilliant talk. You gave me goosebumps today with your speech. You’ll be hearing from me in length about my input. Thank you.
Robbie from Denver
Thanks for the vital information you share and the excellent summary of the main points.
Lena, I love to watch your posts because you are brief and cover what's needed. Short and useful videos! Keep up the good work!!
blackstone bought 44% of homes on market last year, then they inflated the prices, and extracted the value...the CEO Schwarzman took close to 1 bil each year.
Wonder why house prices are nuts ? Ask Schwarzman .
Where is everyone putting or exchanging their dollars for to prepare??? People I know laugh when I say the dollar is going away
Silver
@@coolsoupy I do silver gold bitcoin but iffy on bitcoins future.
Silver
physical silver, gold and platinum is where Im putting my fiat.
if I had enough land, Id buy scrap copper and aluminum too, both are industrial metals and will always have value.
Eggs! 😂😅😅
Suppose most countries do go on a gold standard. Does that mean trade imbalances might be settled by the transfer of gold? And does that further mean that countries which buy more than they sell internationally would be diminishing their gold supply, and therefore their supply of the country's currency?
does that mean $10,000 an oz at the minimum 😅🤣😆
one could hope
Most likely introducing new $USD to price gold. Then default on all US debts and making current $USD toilet paper 🧻.
32k by valuing derivatives included
Cause and "affect."
Nope, they'll suppress the price in any way possible before going into any gold-backed standard.
Those who own the gold own the worlr!
Thank you Lena.
Excellent Lena, I love listening to your videos.
This won't happen, as they would have to be sensible.
Miss Petrova, I watch all your videos, Great Information, Thank you!!, Also new hair looks great, 👍
Thank you very much for actually giving a fair and balanced analysis on this instead of pouring into the hopium. Even if central banks decide to go back to a gold-backed standard, it would be in-name-only, as we know the overt goal is to implement tokenization, CBDCs, and digital IDs.
Precisely, all this talk of central banks returning to a gold standard is just lip service,
the idea is to give the masses hope that we are finally returning to 'sound money'
of course this is completely false because all money will soon become digitized.
you hope for us to back to the primitive gold standard? To go back to the era of depressions?
@@grimaffiliations3671 Where did I say that?
@@grimaffiliations3671 Go read some more.
@grimaffiliations3671 who is "us"? Global thieves, exploiting fake green paper, printing Trillion out of Thin air & Exporting inflation to other nations
The country does not have enough Gold to support the existing debt.
The reason we are in the position we are in, is in a large part due to our miss use of sanctions
I doubt that.
World was already wary of the dollar standard before that.
@user-lb8bg6kj9m Yes, and the exploiting of nations to keep us proped up justified their wariness
And currency debasement.
and being the terrorist
Karma is a Bitch
This information is so needed & absolutely fantastic. Thank you so much for all of your time & work. It's so very appreciated... Especially for future generations. I make my kids listen to you! 😉
The only issue I have with going Gold is that they will say they purchased the gold. In 20 years they will open the vault doors. The vault will be empty. I guess they can steal anything, including productivity, but Gold Bars are really tempting. I think Bob Menendez had some in his shoes last month.
A gold standard would require gold IOUs be exchangeable for the real stuff anonymously.
The last word being as important as the exchange itself.
How you backup a dollar on gold that you don't own ?
Because they are thinking of doing same shit there were doing for past 70 years. Simply cerate more dollars and then expecting others to give them gold in exchange for this worthless paper.
Problem is that this attitude is exactly the reason why things are the way they are. Expecting to do same thing, again and again, expecting not just different, but preferential result.
How do u know they don't own.
They probably own 5x more than most people think.
This is the question I’ve been asking …. Why not just go BACK to the gold standard and I’m surprised it’s taken THIS LONG for this subject to be brought to the forefront by these people in those positions .
because the US doesn't want to give up the benefits of passing on its inflation to the rest of the world through the dollar. through the dollar, it can dictate pretty much to everybody that wants to use it. it can just print any amount it wants ti get products from other countries that worked hard to produce it (spent time, money, energy and technology to produce it).
The US claims to hold 8133 tons of gold. At the current price, that's about 600 billion dollars. Nowhere near the 34 trillion debt 😅
Yes there is
34 Trillion will soon going have value of 600 Billion
To play fair and take responsibility for all the USA dollars created into the world economy, the value would be astronomical per ounce. But that's the price of paying the fiddler after the dance. Just the debt of 34 trillion into the current price if we do have 8133 tons would come to near &127,000 per ounce.
Owners of the Fed have no reason to do that and every reason to keep the system status quo.
You can always count on Americans to do the right thing - after they've tried everything else. _---- Winston Churchill
Thank you for all you do , your invaluable ❤
Lena you are fast becoming my favorite Chanel. Even though your reporting is becoming more incisive and hard hitting, often exposing the plans and machinations of the deep state, you seem to be flying under the radar and avoiding censorship, perhaps belayed by your appearance. Keep going!
The 1st thing that must go is a reserve status. This is non negotiable and must be broken!
😂😂😂 USA has practically no gold with which to back up the currency. The one metal still available in quantity to buy, is silver.
Same thing when britain told the colonists they had to pay taxes in gold. We didn't have any and our economy collapsed causing the revolution.
@Derideo the colonists had their own currency Colonial Script. They didn't need gold.
@@johnfoster2584 That is correct, but then the britking stopped accepting it as tax and they were forced to pay in gold.
@@Derideo makes sense. I'm always learning stuff I was never taught in school.
Clear explanation of implications of using gold standard.
Keep America free, disband the FED!
Incredible revelation. The benefits I believe would be great if we returned to the gold standard and also allow silver to be used in daily transactions (maybe return to silver coinage).
Since we have no gold does that mean we would have to print more dollars out of thin air to buy some thus increrasing the debt? Bunch of horse shit, lip service, talk to apease the peasants.
The Fed has been accumulating gold quietly for the past 24 years.
You can print, but it would actually be a tangible debt as it would be priced in gold.
Who will provide y0u gold for useless green paper in a gold standard? Now that should be the question
The problem with gold is security, storage and transport. The problem with the BRICS initiative is that most countiries supporting it are bluffing on what GOLD they actually have.
They have been buying and amassing gold for years to get ready.
Indian household has 4times the gold than US fed reserves
Chinese household has 2times the gold US fed has
Then their govt has separate gold reserve.
And here in US, the reserve was created by taking people's gold
Great program, couched entirely in realism!
research the BrentWood treaty (agreement between 35 gold-backed countries, including the USA) after the IIWW
Thank you Lena! This is groundbreaking. If one country begins hoarding gold...the rest of the world shall follow.
If everyone was on the gold standard, wouldn't that eliminate wars because the budget wouldn't allow the creation of fiat money?
Bringing back the Gold Standard will benefit the world on SO many levels. From living life, buying houses, starting families, dating, traveling, etc. The standard of living of EVERYONE, even the mighty ultra rich, will improve. Please God, bring back the gold standard.
You have Putin to thank for suggesting the change over 20 years ago.
DJT said he’s in favor of a gold backed currency.Hopefully he comes back and does that along with abolishing the federal reserve,
Thanks for the excellent presentation, interpretation, and clear analysis, Lena!
Excellent report.
Thank you for sharing!
❤❤❤Lena my love, you are hinting at a very sensible choice that none of our “leaders” will permit, at least not until the whole house collapses… but then who would willingly relinquish power accrued. Love your show and your dresses.😘
I don't see the Congress doing anything to serve us peasants. It's gone too far and the rot's too deep. "Boy's it's been good to know ya." Gordon Lightfoot, Wreck of the Edmund Fitzgerald
Hyperinflation has to happen before they will even consider the gold standard
Too late. Besides, from whom would they extort the money to buy such gold? FFS, the Treasury still has all of the gold from Ft. Knox being held as collateral at the Fed!
the fed is a part of the govenment
There is not enough paper to cover the fiat currency debt, let alone gold to back all the toilet paper dollar.
Hi, consider making a video on how we can protect ourselves from the CBDC by buying but being able to sell gold, silver and others. Thanks,
Yes, back to gold (and silver and?) - but not via 'Big Brother' CBDCs
I didn't see where the FED said the Us should return to the gold standard.
America only has 8,000 tonnes of gold more or less. The late Jim Sinclair (Mr Gold) said China has accumulated 50,000 tonnes. He who has the gold makes the rule. Watch the Shanghai gold price for divergence.