- Investor Talk
The EU wants to limit the amount of cash per citizen. The path to a totalitarian society is becoming increasingly clear. And it is more necessary than ever from the point of view of the rulers, because the financial system can break any day. Money supply is growing rapidly in the U.S. and the Eurozone, with the ECB’s balance sheet growing much faster than the Fed’s. Will the euro fall before the dollar? Quite possibly. Social unrest due to C19 restrictions is spreading, but it has deeper causes, be it failed immigration policies or the ever-widening gap between rich and poor. If food shortages are added to the mix, there is even more potential for escalation. Gold reached $1,920 in 2011 and 10 years later, with the ECB balance sheet quadrupled, it is at $1,800. Gold is reflecting the devaluation of paper money, but so far it is not doing so. Use the opportunity, because it will live up to its role. 🔔 Please subscribe and hit the bell button!
1:05 EU wants to limit cash per person
2:10 The direction is called: fake digital money with total control
3:10 Sweden shows the way to a cashless society
4:25 M2 in the US over 20 trillion dollars
5:00 ECB balance sheet at almost €8 trillion, 75% of EU GDP
6:30 C19 serves as excuse for even more financial disruption
7:30 ECB balance sheet growing much faster than FED balance sheet
8:10 Riots may accelerate financial collapse
8:55 Social unrest has deeper causes
10:00 Food shortages will exacerbate riots
10:45 Many policy mistakes have been made, including immigration
11:30 Now there is high potential for escalation
12:05 Tensions are also growing in the U.S., even threatening a new split
13:10 For many Republicans, the election is not over yet
14:00 The gap between rich and poor is widening, exacerbating division
16:20 In 2011, with an ECB balance sheet of €2 trillion, gold reached $1,920 per ounce
16:50 Today, the balance sheet is four times higher
17:15 Gold price does not yet reflect money printing!
17:40 Gold is very cheap now, take advantage of the time!