In this most recent interview Brian and Darryl Panes from As Good As Gold Australia speak with Bill Holter from JS Mineset.com
In this most recent interview Brian and Darryl Panes from As Good As Gold Australia speak with Bill Holter from JS Mineset.com Major stock markets from around the world have reacted sharply to the likelihood of Beijing following Shanghai’s forty-day lock-down. A lock-down would have massive ramifications on the viability of thousands of companies in the region leading to major supply chain disruptions worldwide and sending the global economy into free-fall. The ASX took a 2% hit in Australia and the Dow was down another 800 points after losing 1000 points 48 hours earlier. Worldwide, there has been talk of Russia going back to a Gold Standard and that Russia will only sell their raw materials and exports for either Rubles or Gold. A strong reminder of the introduction of the Petro Dollar in the early 70s that gave the US Dollar its global status. Another nail in the coffin for the US dollar. Are we about to see a changing of the baton and a new reserve currency? The latest information is indicating that the Federal Reserve is going to hike interest rates 6-9 times by mid-2023. Every time the Fed attempts to increase rates something breaks. Bill doesn’t think that they’ll get past 3 hikes before they will need to reverse their decision and start spending again with another bout of QE. This would lead to unthinkable levels of inflation. Now more than ever before one needs to become their own central bank and own gold. Gold's 5000-year history of being one’s greatest store of value and protector of one’s wealth remains unsurpassed.