Gold Price Today Will Look Different Soon

(4/24/2024)

• 💰 The top was a little over 2400, now in the low 23s, testing the bullish people's confidence.

• 💰 Gold prices have another 29% upside as China's Central Bank continues its buying spree, according to a famed Economist.

• 💰 Gold prices are expected to continue their record bull run to $3,000 per ounce, with a potential upside of 29% from its current levels.

• 📈 China's Central Bank is steadily increasing its gold reserves, potentially pushing other central banks towards gold as well.

• 🤔 The speaker expresses disbelief in the US government's claim of holding 70% of its reserves in gold, questioning their credibility.

• 🌍 China, along with other countries, is building an entirely new economy and wants to be known for owning more gold than everyone else.

• 📈 Gold has a massive run coming ahead of it.

Another Country Ditches Dollar For Oil

(4/24/2024)

• 🌍 The US pressing sanctions on developing countries is causing them to cut ties with the dollar and look for alternative venues, leading to a financial war.

• 🌍 Sanctions might prove costly to the US as the world is looking at dollarization to strengthen its local currencies and Native economies.

• 📉 Venezuela's state-run Oil Company PDVSA plans to use digital currencies to settle crude oil trade, marking a significant shift away from the US dollar.

• 🌍 Venezuela is seeking to join the BRICS group, indicating a shift in global economic alliances.

• 📉 The US dollar is being crushed, and rich people are buying gold, silver, Bitcoin, and cash as the economy collapses.

The Iraqi Dinar

(4/24/2024)

• 📉 Government officials bought up a ton of Kuwaiti dinar after the announcement to restore its value, highlighting potential manipulation of currency.

• 📉 Iraq announced they will no longer settle trade in US Dollars, signaling a significant shift in their economic policy.

• 📈 The Iraqi dinar was the only currency going up against the US dollar in 2009-2010, sparking suspicion and curiosity about its potential revaluation.

• 💰 The value of the Iraqi dinar was worth multiples of dollars before collapsing in value after the US intervention in Iraq.

• 🌍 Saddam Hussein's decision to sell oil in Euros instead of dollars led to his downfall and execution.

• 💰 Venezuela's decision to stop trading oil for dollars is causing a major shift in global currency dynamics.

• 📈 The Iraqi Central Bank has been buying up gold feverishly, indicating a potential increase in the value of the dinar.

• 🤔 Bad things are coming, and it's important to be prepared for the future financial system and potential challenges.

The Media Just Changed Their Interest Rate Position...

(4/24/2024)

• 📉 The media has changed its stance on interest rate hikes, suggesting that higher rates may not be so bad after all.

• 📈 "When rates start climbing higher, there has to be an adjustment."

• 📉 The impact of increasing debt costs on company profitability is a major concern in the current market.

• 📈 "There's some people in the know that understand when rates go higher things crash bigger and we want big crash Mondo crash."

• 💥 The rate lowering cycle will happen when everything goes bust and most of the country can't afford to take out a loan.

• 💰 Corporate officers will provide key details on the impact that interest rates are having on profit margins and consumer behavior.

• 📉 The Federal Reserve's actions will do nothing to mortgage rates or borrowing costs, as the 10-year is going to keep running up.

I am scared of what is coming...

(4/24/2024)

• 📧 The email serves as a reminder that we can all learn from the experiences and struggles of others.

• 😨 The fear and self-sabotage I feel when trying to figure out what to do with my father's estate is paralyzing.

• 🗣️ Affirmations like "I'm going to absolutely crush it" can help shift our mindset and empower us to overcome self-sabotage.

• 😨 Trusting the right sources for knowledge and analysis is crucial for making informed decisions in the face of uncertainty.

• 📈 Gold prices are going up as real estate's going down, showing the revaluation compared to other asset classes.

• 🌟 Your best days are ahead of you, don't be afraid - a message of hope and positivity for the future.