Economist Kirk Elliott (@kirkelliotphd) joins The Alex Jones show to discuss the significance of gold overtaking US government bonds and US Treasuries as the top reserve asset for central banks worldwide, per a recent European Central Bank report.
HUGE NEWS: Gold Is Now The Favorite Investment Of Central Banks Around The World As They Dump US Bonds!
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Top Economist Responds, "This Signals One Thing- The Return Of REAL MONEY!"@AJNlive @kirkelliottphd
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PREDICTION: The AI Bubble Is About To BURST, Warns Respected Economist!@AJNlive @kirkelliottphd
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6 Responses
Sorry Elliot real money don’t work for the masters. It’s gotta be fake everything or you might find out what God really is.
As for precious metals vs cryptocurrency, which will be preferred?
I say both have their place, and pros and cons can be listed for both.
Rich evil and governments will try to get and hold the metal and make the masses use phantom trackable controllable digital currencies. With AI control grids over it all, I say they will succeed in the most par at first. However, this in turn will make people face reality and focus on levers of power in this world of modern technology and the real levers of power, or die.
Unprofitable wars and no one trusts the bonds of any republic. So that is a set up for economic collapse with money printing by bankrupted republics. So at some point it seems logical to have a mad rush to harder assets.
If cannot sell bonds then governments must buy their own bonds, until blow out their value. Then must reset to new currencies while the rich evil just happens to own most hard assets. So the attempt by rich evil to keep their loot will trigger more wars for power and distraction. The new digital and fiat currencies will be unstable unless backed by hard assets.
So logically governments will need these and may steel all precious metals at some point.
In any case for nation and people the most important thing is the design of how the monetary system is controlled not the particular kind of money. In short most every republic is a failure in this reguard.
Its time for grandpa to go to the nursing home where he belongs!
The empire is done, the orange idiot was played like a fiddle now he takes the blame for the death of the empire. clap clap clap!
Yeah this signals 1 thing. Trumps Maga plan is a DUD.