Huge BRICS Power Play & A Global Trend Towards Physical Gold
Vložit
- čas přidán 8. 07. 2024
- In today’s video, Alan Hibbard dives deep into the accelerating expansion of BRICS and its significant implications for the US dollar and global economic power dynamics. We'll explore how countries are realigning their economic strategies, the impact of Western sanctions on Russia, and the growing movement towards de-dollarization. Plus, we'll discuss the trend of gold repatriation and its importance in today's volatile geopolitical climate. Stay tuned for an insightful analysis that connects the dots between economic decisions and military strategies on the world stage.
-----------------------------------------------------------------
GoldSilver is one of the most trusted names in precious metals. Since 2005, we’ve provided investors with both education and world-class bullion dealer services.
We offer a wide selection of bullion products, private vault storage, global shipping, and easy payment choices.
Buy Precious Metals at: www.goldsilver.com
Get Free content from Mike's new book here: www.ggsr21.com
Subscribe to our channel: czcams.com/users/goldsilver?...
Follow Mike on Twitter: / goldsilver_com
Follow us on Facebook: / goldsilverdotcom
Check out our sister channel Wealthion @Wealthion featuring regular guests such as Jim Rickards, Rick Rule, Stephanie Pomboy, Lance Roberts, John Hathaway, Alisdair McLeod, Simon Hunt, John Rubino, Jim Rogers, Marc Faber and more.
As always, thank you for your support. M.
Thanks for supporting our channel by making GoldSilver.com your bullion dealer.
Thank you Mike and Alan. Your “Hidden Secrets of Money” video series changed my life. I remember anticipating the next episode. The amount of currency and time and every you spent to make these videos free to the public is astounding. Pleaser folks if you haven’t watched that whole series, you likely don’t understand how corrupt the monetary system is.
Thank you Mike from the bottom of my heart. Praying for blessings on you, your family, your employees and neighbors in Puerto Rico and wherever your journey takes you. I started stacking in 2015 due to your education and I’ve never looked back.
My recommendation for new stackers:
Make sure you have enough currency on hand as much as you might want to put it all in metals. Hard times always come and you don’t want to be forced to sell your metals at low prices. This has happened to me in the past and could happen in the future as prices continue to rise.
Thanks, Alan. I’m a 47-year-old Brazilian who lived in a hyperinflation environment from 1977 to 1994 when I was up to 17 years old! From 1970 to today, Brazil has created and driven to zero six (six), yes, six (six) different currencies! I remember my mother and father running ASAP to a supermarket and buying groceries when taking any income because the prices were climbing daily. It was no joke! Today, we don’t understand why this didn’t cause a civil war for so much pain for so long! Our currency nº6 of this period, called Real, has already lost more than 97% of its purchasing power since 1994! Basically, the same scenario compared to the dollar from August 1971 to today by unplugging from the Gold Standard and letting the politicians free to papering their homeland and the world. This history cannot end well; history repeats over and over again, and hard times are just ahead!
As Mike Maloney said about Gold if you don't hold it you don't own it Mike is a STAR 🥇🥇🥇👍👍👍
History is passing right before us.
even if petro-dollar is still remains,its still not enough to stop usd from failing
GOD bless the BRICS nations. Thank you for your in side! No more USD paper currency ,no more war!
The writing is on the wall, don't ignore.
I expect that there will be a last minute dash by BRICS into PMs in August before the Shanghai meeting of finance ministers in September when they detail the BRICS Unit which will be backed up by PMs.
i think not. i bet on it
@@user-vx4kh2my4llol the unit of brics is already 40% backed by gold 😂 meanwhile what backs the $ again 😅
@@tatasth8559 treasury
all precious and industrial metals are set to super cycle for decades to come, we are in a perfect storm, industrially, politically and the supply and demand is moving further away from each other, certain bull markets and good growth, play it long term with silver or indium is my bet and buy the dips and sell at the highs after squeezes and choose a good volatile asset for good short term gains in the pocket/ daily income.
we have 187,000 metric tones of gold in existing. per metric tonne we have 32150 ounces.
187000 X 32150 = 6,012,050,000.00 ounces
2360 usd per ounce 14,188,438,000,000.00 us dollar for all the gold in the world
us deb is in the moment 35 trillion .
central banks world wide have 13% of all the gold.
87 % is in the industry, jewelry , and in private hands.
think about. use commend sense!
I dont get it... are you saying current price of gold is too low?
@@The_RC you can see it two ways.
first the usa have to match debt.
35 trillion. and the global gold are 14 Trillion. this don't count for global debt.
and on the other hand, yes .
gold is still to cheap and the global elite trey to control the gold and silver metal.
i don't think, this is possible.
because over 80% is not in elite control.
this is a big equalizer for the public.
this also is thru for me, i grove up in switzerland. but my wife is from asia.
i learnt a lot from my wife.
the problem is, in the west ppl don't own gold or silver. in the global south and east europe, this is tradition to own gold, and don't trust the banks or shares, other investments. our education system or our parents never dealt in precios metals.
Vematum's focus on user experience sets a new standard.
Vematum's market entry timing couldn't be better.
WOuld be good to analyze how much debt / assets each country has in dollars; if the amount are exorbitant; leaving the dollar would be very difficult and complex. This theory needs to be back-up with practicality of implementation
Vematum's commitment to transparency is refreshing in the crypto space.
Vematum's unique features have me convinced it's a winner.
Central banks can buy into physical gold because its not the purchasing individual's currency.
As an idividual thats bought gold since 2016, when I had enough currency to purchase more gold I did, Now I back off.
The available currency that I have can be more usefully deployed, also platinum is better value (for the available currency that I have).
'The available currency that I have' I admit, must sound like a stuck record, but I'm making a point here, in my opinion, for most people they've missed the boat.
Most people have significant debt obligations, so they need their currency to keep solvent.
In short the price of gold can now be whatever the central banks need it to be if they want to prop up their currencies.
Gold has become beyond the reach of most of us extraordinary individuals.
What if you are a state who has no gold? Does that mean you aren't allowed to have a currency? All economic activity must be shut down?
Personally, I'll believe it when it happens. Off to work.
Its happening now
@@asianmovement how so? U do know that china and India do not go along very well right?
@@xiaoshen194 Its happening right now. BRICS is happening right now. Malaysia just joined BRICS. What are you actually asking? The fact is that it is happening right now.
It is occurring right now. What don't you get???
@@kevinw9073the poster is in denial, when his 401k disappears & his bank account disappears ,he'll be sitting in his highly mortgaged house wondering.......how did I not see this coming 🤷♂️
👍👍
I still don't understand for what all the tons of gold the countries have. At the end the most important thing is to have flour in order to bake a bread! And in such situation is gold useless. Please correct me Alan. Thanks
Flour can't be stored indefinitely and once your store of flour is gone, if you need to buy some because you don't grow wheat yourself, how will you pay for it? Dollars decay, pounds peter out, Lira lose value over time but gold doesn't rust or rot, and is internationally acceptable in trade.
And having it under your own control protects you from American confiscation of your assets.
Just a starter....
@@wotcherfaz I was trying to picture the situation when people must hunt and grow grain in order to have flour. There is nobody interested in gold if you know what I mean?
Called BRICS as in 60LD BRICKS...
Vematum's tokenomics are well thought out. Bullish!
Your channel has been a real boon to me. It has helped me understand some of the how/why of currancy vs money and why silver (I can't afford gold), is such an important investment. Thank you. As a member of the 'empire' that is crumbling I can descide how/when to allocate my resources... The 'why' I already understand.
I think Mike’s Hidden Secrets of Money is the most valuable resource in the world when it comes to understanding the monetary system and how corrupt it is.
This channel used to be a great place, not a fan of the new guy.
Coud the dollar be gold based or silver ?
As technology advances, there may come a time when synthetic alternatives to gold are developed in laboratories. These alternatives could potentially replicate or even exceed the desirable properties of gold, such as stability and scarcity, while overcoming the practical limitations associated with physical gold.
Maybe but what would that be? We have already figured out what elements are on earth. I can’t even imagine what metal or combination would replicate gold but it’s a cool thought experiment.
Not a new concept. See “alchemy”.
They created gold in a huge collider already! A few atoms!!! To make a gram it was estimated it would cost more than all the money and other forms of wealth on the planet ! gold is safe for now .
Is the fed buying bonds ? Who's buying the 10 year ? Do they have to tell us if they are doing so? Pls thx
👍
Vematum is gaining traction among serious crypto investors.
HOW THEY GOING TO AVOID SWIFT SISTEM?? And how they will trade without swift sistem?
The swift system is nothing but fraud. All banking is fraud. There is so much real assets, gold silver that need to be patriate it back to “All“ people of the world. It is your credit worth which is worth trillions of dollars. Because they took us off the gold standard they had to give us “remedy“ so they give you any less Credit via your birth certificate.
You should state where FRN's end up when other countries dont use Fed Reserve Notes. When FRN's fly back to the USA the price of everything will go up. Its bad enough we inflate internally, but exporting inflation is a ghost waiting to haunt us.
how are you going to use gold i go to a market and give them a 1 gram bar that dealers are selling $130 cad for
Gold is not a medium of exchange it is a store of value. It acts as a hedge against inflation so it protects the value of your money. Fiat will always be available as a medium of exchange, the issue is inflation will diminish the value.
It is a joke of a year, if they really believe that Russia is a high income nation 😂😂😂 what's 30% of citizens do not have access to water toilet
So are you questioning the research of the World Bank? Water toilets don't work well where the temperature is very low, because water freezes.
@@seeker2118 have you been to Russia? I have. Travelled across it.
I also speak Russian.
@@dawidw.6016 So have you been to all of Russia? You must travel extensively to be able to make a proper judgement.
@@seeker2118 i have seen 63 countries in my life, lived in Europe and China. Travelled by Transaiberian Rail, and visited russian-speaking countries 8 times or more. I read a lot. I know things.
And you believe in bullshit.
Why would a govt put gold, or anyhing else, in a foreign bank
**
**
RBI is the Reserve Bank of India not Royal Bank of India.
HUGE difference
Is there a royal bank of India?
if money is eaul 1 = 1.your 3.4 trilion debts $ is nothing like our indonesia 9800 ish Trilion IDR debts
Vematum is one of the few cryptos with real-world utility.
Oh no not Congo! Guess its over for the dollar 😂
Probably it will happen one day that I consider quite far, everywhere in the war ask usd or eur actually I'm in laos , I travelled in Thailand,vietnam,indonesia,and even in india everybody asking for cash usd because they dont belive their currency
USD has ease of exchange ability, the issue is if it starts being used less in international trade there will eventually be less demand. This may cause it to be worth less and affects its ease of exchange thus reducing faith in the dollar.
Who came up with Brics?
The Vatican
I only know that BRICS began in 2015 and I suspect it had something with the coup the US CIA staged in 2014 against the elected president of Ukraine.
If anyone has info to prove the Vatican was involved, I would love to know. Thanks.
@@Lil_Brayne Is the same as the Bank of International settlements????
We need a European country to join BRICS, just one, that would shake things up.
Orban's Hungary
Gold is a good store of value and unit of account. Gold is only an OK medium of exchange. Folks who like the first two characteristics of gold need to do something to improve the medium of exchange characteristic of Gold.
Gold is not the medium by itself, the medium is currencies, as long as they are linked and equivalent to the amount of gold a country has however
Th gold market is becoming tokenized, HCBC has already created this.
Geeze Brian, you're a bit behind. Problem has been solved already by Kinesis Money. Others too but Kinesis seems to have the most complete offering.
Alan the paint job on the walls gives a perspective that makes it look as if you are a regular sized person in a very tiny room. 0:20-0:29
I’m finding it very distracting. 😂
SNP 500 to the moon!!!!!
Probably will melt up for awhile. I can’t see us getting past the election without a crash or a MASSIVE currency print. Liquidity is running out from all the Covid stimulus. If it wasn’t for Biden’s insane deficit spending, it would have already crashed.
Gold is not a medium of exchange, it is a store of value. This makes gold a good hedge against inflation to protect the value of what ever currency you use as a medium of exchange.
The paper markets have done a good job suppressing the value of silver so that it looks like it has caught up with inflation yet technology makes things cheaper to produce and it should have never gone more than 30 to 1 regarding gold. Whenever the paper Mark gets crumble the real value will come to the market and it's going to be far greater than the prices we see today
@@drip369 Totally agreed that both gold and silver prices have been suppressed. The paper ETFs that were created only for trading are generally sold off to keep the prices low. The issue, the bullion banks are facing now is the ETFs were created only for trading but now the eastern customers are calling for physical delivery that don't exist.
Kinesis Money fixed that.
If you are considering precious metals or crypto for your wealth storage, you need to think about the odds of the electricity staying on during WWIII, an economic collapse, election (with or without civil war), the climate events (that have nothing to do with man or fossil fuels), and the next plandemic. Electricity and an internet connection are completely necessary for any blockchain to operate. If you look at Ukraine right now, BTC is useless. Even their new biometric digital ID (with social credit score) only works where and when the electricity and internet are operational which is becoming less and less area. We are using Ukrainians as the test subjects for CBDC. It’s disgusting and abhorrent.
Biggest problem with Gold is the Parasite Class can’t create it out of nothing 😉
I do really hope you will shipped your silver coins in Philippines. I merely choose your company since your known in social Media Sir Mike.
I want to purchase just 2-3 coins
Mike,
replace this guy with a grownup
**
Gold to go to 27 000 dollars say Jim Rickards 🥇🥇🥇
DEAR MIKE I WILL NOT USE YOUR COMPANY FOR METAL PURCHASES.
That will bring and end to Africa misery
fact remains that gold didnt do anything for a long time price wise, compared to all the big hype. should be 5000 dollars
Sorry Mike, I am not a fan of the new guy, I tried, but something about him just doesn't feel right. Unsubscribed.