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Love Ronnie! Great show! Go Gold 🥇

Tier One Asset 2019 Under the Basel III Accord released in March of 2019 by the Bank of International Settlements, Monetary Gold Bullion now qualifies as a Tier 1 asset, and is 100% valued for the purposes of banking viability. Prior to Basel III, only US Treasuries were treated as Tier 1 Assets. International settlements were only done in US Dollars. Another point to consider is that under the Basel III Accord, SIFI’s (Systemically Important Financial Institutions) are now “required to quadruple their reserves” when compared to the previous minimum requirements before the banking crisis March 23, 2019. Which Tier 1 asset would you prefer to hold, Gold or US Treasuries, when US Treasuries are losing value at the whim of US politicians. Central banks around the world are choosing to hold gold and shun US Treasury securities because of irrational sanctions and threats made by the US. They see an economically declining United States. Since that stance taken by the BIS in 2019, the world Central Banks, other than “Western US Dollar Denominated Institutions”, have been acquiring gold bullion by thousands of tons per month through a price differential arbitrage. Gold and Silver both sell for more on the Shanghai Exchange than the London or COMEX Exchanges. Gold is flowing from West to East. When the US Dollar is dethroned as the World Reserve Currency, the likely replacement will be Gold. Those Countries with large Gold reserves will be making the decisions on world trade and currency settlement valuations. The United States and the Western Euro-NATO countries have not been hoarding Gold and have very low amounts in sovereign vaults. Canada has nothing and Britain is Gold poor as well. The US gold horde has not been audited for over 50 years; it may not even have the amount on the FED’s balance sheet. It may not be long before the BIS (Bank of International Settlements) declares that the US Dollar is no longer a Tier 1 Asset, but now a Tier 2 or Tier 3 asset. This would remove World Reserve Currency status of the US Dollar and countries around the world will have no interest in holding US Treasury Reserves. All of those Debt Dollars would then be traveling back home to hyper-inflate the US Currency into oblivion. The “Great Reset”.

This guy says "Trump supporter" like it's a negative. CHECKED OUT. BYE!

If the US is creating debt; 1 trillion every 100 days and the big holders of US debt are not buying at all in the case of Russia and China... in the top 20 countries on the list the majority are not increasing their treasury holdings if they are buying at all. So, who is buying the debt? The Fed, Banks, hedge funds, insurance funds, and individuals. The hedge funds, banks and Insurance houses are not using accumulated funds; they are creating money, they are creating a balance sheet debut and balancing these with paper... This is called a ponzi scheme... nothing backing debt but bits of paper, the treasury is paying the interest and principal out of new inflows... Central banks are buying because the emperor has no clothes. The US is bankrupt and every body is coming awake. Ponzi, Ponzi

I bought a mainstream gold ETF in my fidelity account and they had me sign a disclaimer because the investment was "extraordinarily risky". I also purchased Gamestop, no disclaimer.

I think the quality of the interviews lately has been going down hill. The last three have been pretty disappointing. Maybe go for less quantity, more quality.

So Biden will forgive my home mortgage, yes?

Physical metal stackers seen as negative? Ignore the fake media.

Hedge Funds bought houses driving up prices, wait until they buy Gold😜⭐️

Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊

National Debt NOT GOING AWAY but EXPLODING💥💥. The dollar is dying 🥺

Physical gold vs silver? Which is the better investment in the next year or two?

Yankee Stacking 👍🏻CZcams 💖

Everyone seems bullish on gold. The beatings will continue until morale declines.

Yankee Stacking on CZcams 👍🏻

I pray/hope to see some kind of gold standard in my lifetime.

1st, 23 May 2024

Find your top three guests that can play instruments & get a band together. The band name is Adam Laggart and the After Effects. First album title is pig in the python. Rock ‘n’ roll man! 😎

Next time chew bubble gum while you call the Canadian economy resilient.

This is a great episode that conjurs to mind: "Do you want to be right or do you want to make money?"

Cameron is an amazing guest

I didn’t know Sandra Bullock was the head of a financial company.

Uh wow, I’m gonna need to watch this one a few times

Really like this information

excellent guest!

Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my portfolio comprising of plummeting stocks that were recommended by certain financial CZcamsrs, quite devastating!

To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. Risk comes from not knowing what you are doing.

8 million home owners in forbearance? Wow.

Wow very informative, thank you a lot to consider

Adam how bout a video on the best performing asset over the last ten years, bitcoin?

Adam, it would be wonderful if you never mentioned time constraints again and simply eliminated that theme from your interviews. You have plenty of time. Your expectations are the problem, not the time. And whether you believe it or not, I love listening to you and I never miss your videos. I'm suggesting something that I think will make you even better and what you are already profoundly good at. 🙂

The Fed has always been behind the curve since decades ago.

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...i have delve deeply into active trading and managed to grow a nest egg of around 127k to a decent 432k.. I'm especially grateful to Flora Elkin, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

How can a guy focus on the topic with such a breath taking woman. I kept having to replay parts to see what she was talking about? Asking for a friend? Thank You. Jim.

If everybody's complaining, does that mean the Fed can cut?

I'm curious about the astronaut in the background. Or is it a Halo trooper? Anyway, where might such an item be procured?

Thank you Adam for having Dr. Laffer on! That was excellent! Please bring him on for property tax - I'm very worried that short sighted local governments are going to permanently damage the middle class with property tax hikes. I'd love to hear what he has to say on the matter.

The entire social and economically system is in vast trouble. My hope is that people will humble themselves, re-evaluate their own situation. Change their social lifestyle, discipline themselves. Will it happen at all….no. Show me one God fearing person….Sodom and Gamora.

Investors owning billions in Real Estate is the fucking problem. Fuck this guy.

Finally Adam gets educated on how the current system really works...

Terrific interview, with great insight. Her concluding remarks were terrific as well. Thank you

I retired when I was 59. I don't want no job. I want a puppy.

You assumed that married men are more likely to work, but did you consider that working men are more likely to find/retain a spouse?

As if these people's job is to complicate economy.

what about the space suit in the background ?

Wow it's now near the end of may... He's gotten everything thing wrong...can we count on him to forecast 2025?

23::00 idiots think there are jobs

I see more and more shameless people. That’s dangerous. If one has no shame then they’ll do anything without limit

There is no “n” in estimate…

This is why we Bitcoin.... get some... still on sale... 😊