In the latest interview, Darryl and Brian Panes from As Good As Gold Australia interview the incomparable, Lynette Zang from Zang Enterprises.
In the latest interview, Darryl and Brian Panes from As Good As Gold Australia interview the incomparable, Lynette Zang from Zang Enterprises.
Greg Mannarino, writing for the Trends Journal, confirmed that just prior to the stock market crash of 1929, which led to the Great Depression, the Dow / Gold ratio peaked at around 18 (meaning that it took 18 ounces of gold to equal the Dow). During the Great Depression, the Dow / Gold ratio fell to 1.59 (meaning it took 1.59 ounce of gold to equal the Dow). Today the Dow / Gold ratio sits at around 17 (very close to where it was just prior to the 1929 stock market crash).
Today, the distortions which exist in the market are at extreme levels (never in history have we seen a larger debt market hyper-bubble. Are we about to see a repeat of the Great Depression with a Dow / Gold ratio falling to around 1:1
Greg Mannarino believes so. Lynette believes so, and we are at the end of this debt based debacle , and a failed experiment.
In Australia, the price of a home has risen by 40% in the years 2022 - 2023 (COVID years), and now we see that gold has risen in fiat currency in the last 12 months by 26%, and 14% the year before.
Interesting, that also equates to 40%.
Have the government printing presses had anything to do with the expansion of home prices and inflation?
Get ready for a stock market and property market crash or melt-up.
Either way - it's scary!
Alasdair Macleod believes that Russia will be the first major country to adopt the 'gold standard'.
In Australia, using fiat currency, the gold price has increased in the last 25 years from a low of $400 an ounce to $3,700 an ounce, which is an increase of over 850%. If Russia goes ahead with a gold standard, what will be the price of gold (in value) not currency?
At the moment, the B.I.S is treating gold as a Tier 1 asset. Under a gold standard, do we need the B.I.S, world bank, the I.M.F or any Central Bank, including the Federal Reserve?
As Good As Gold Australia is about to hold one of the biggest precious metals events ever held in Australia on Saturday, 30th November at the InterContinental Adelaide.
'Countdown to Collapse - Unleashing The Next Economic Financial Storm'
The event will highlight 5 keynote speakers, featuring world-renowned precious metals experts; Alasdair Macleod and Lynette Zang, with personal development coach and wealth educator, Pat Mesiti leading the charge.