Why Mike Maloney Believe’s 2019 Will Be The Year For Gold & Silver (Part 1) – December 3, 2019,
Being that I live in Canada, my predictions regarding the price of silver and Gold rising have been relatively true, however, in America, the price of Gold and Silver have been declining. Being that I short sell stocks, I fully understand why the price of gold and silver declined in the U.S. Whether American’s want to admit it or not they’re the global police, without America trade routes that take for granted would be a lot more volatile. Pirates, extortion, without America this would dominate the financial headlines and it would require independent maintenance to assure trade routes were uninterrupted. These independent entities would charge a fee and most likely would be involved in the political affairs of other nations.
IQ without the illusion of the American plays a huge part in trade which in its simplest form is nothing more than a form of barter and brave people, brave men primarily have to be willing to risk their lives to protect property rights and this incurs a fee. The world accepts the United States as a superpower because the United States military as of 2019, is nothing to play with. One of the reasons I can’t call myself a Libertarian is because I’m sympathetic with the Neocon argument. Remove those military bases and something will replace it, this doesn’t mean that America won’t be a powerful nation, but it does mean that groups of Marxist derived totalitarian type nations won’t merge together to defeat the United States.
What I speak of regarding trade is common knowledge in most developing nations, you don’t understand how lucky we are in the west until you spend a few years in these corrupt developing nations, where you have to use your superior IQ in your daily life to simply survive, because if you opt to be lazy you could lose your life. Although White South Africans are being killed there are many more who are surviving, if you have nothing to offer a lower IQ individual or individuals they will come for you, they will rip you off, they will kill you. This is the real world without the U.S’s military presence.
Israel without the United States has to kill the Iranians, they have to kill all the nations that want to wipe them off the map. We in the West take this stuff for granted, and this is why the United States dollar remains propped up, now, Donald Trump is basically reminding the world how important America is to global stability, however instinctively most nations know and understand that they better hold some U.S dollars otherwise they’ll face extinction.
If you’re having a difficult time understanding my point, you’ll want to research why India allowed the then powerful British military to take them over. India at the time had an Islam problem, the British at that time had a reputation for having the ability to exterminate entire nations of people if they wanted too. The Islamist in India were frightened by the British presence as were the Hindu’s which is why for many of India’s citizens at the time, the British presence was welcomed.
America oddly enough is in the same situation and even better is the fact that in these times we’re using fiat dollars. People forget the United States still has Fort Knox, speculation has it that Fort Knox is empty, but that still remains speculation, being that you can still use your U.S dollars to purchase Gold one would assume that the coughers of Fort Knox are doing just fine. So, why I say this is that I don’t look art Gold the same way Mike Maloney does.
Gold and silver are convenient forms of Barter, what’s most important is what a person knows about money, trading, and barter. I mean let’s be honest, you can have all the money in the world but if you’re not smart with your gold I’ll find a way to take it from you. Gold can’t put food on the table, Gold can’t stop individuals from extorting you, even property is useless if you don’t have the knowledge to turn that property into an asset. I look at gold as a must have, but I could care less about its price relative to the dollar. As long as my U.S dollars can buy Gold I’m okay, if it costs more or if it costs too much well, I’ll wait to see what the market thinks.
Currently, the market thinks more of Bitcoin than it does of Gold. Why is that you ask? Because technology can do a lot more than people realize, what person knows about technology is actually more valuable than precious metal, technology actually has the ability to make precious metals and with a government to measure the cost, the technology could actually print Gold, which oddly enough is a function of bitcoin or blockchain technology. A good barterer is the new rich in my opinion, that’s where the world is heading. However, kudos to Mike Maloney because I do follow his work.
Interesting times ahead.