RIGGED [against you]

Why Gold, Why Silver, Why Now!

January 19, 2024 Terry Sacka, AAMS Season 2 Episode 93
RIGGED [against you]
Why Gold, Why Silver, Why Now!
Show Notes Transcript

Last broadcast, Terry Sacka, AAMS explained how the escalation of wars across the globe are affecting our banking system, our money and the ushering in of the Digital ID.

In today's broadcast, Terry Sacka, AAMS does a deep-dive into why right now is the time to be in physical assets such as gold and silver more than it ever has been.

I saw a wave, a dark wave, come over our nation. And it's not just the election, of course, but this program is going to be all in the name RIGGED because when I, and we formed RIGGED, it was because of the financial system, but RIGGED is now becoming common in America. And it's all RIGGED [against you].

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ABOUT THE HOST:
Terry Sacka, AAMS
is a Wealth Strategist, Financial Analyst and Founder of Cornerstone Asset Metals, Wealth Transfer News Television, and the RIGGED podcast. He formerly was a financial advisor for A.G. Edwards and a strategist in commodity options and futures. Using his global travel and U.S. Army military experience, Terry has accumulated a unique perspective of the real global economic framework.

RIGGED [against you] is a wealth and finance podcast designed to help you achieve your financial goals through advanced savings and investment techniques.

RIGGED [against you]:

I saw a wave, a dark wave, come over our nation. And it's not just the election, of course, but this program is going to be all in the name RIGGED because when I, and we formed RIGGED, it was because of the financial system, but RIGGED is now becoming common in America. And it's all RIGGED [against you].

Terry Sacka AAMS:

Today we're gonna be discussing why gold and silver and why now, and it's actually legitimate information. I mean, this isn't gonna be just like someone's opinion or propaganda. I mean, there's a lot of data, there are a lot of moving parts. Uh, we could go on probably for an hour or so. Um, I would , uh, kind of put you two rigged against you , uh, go to some of the past , uh, podcasts to kind of get an idea of what's going on in the bigger picture. Today we're gonna talk about kind of the, the core basics of why gold and why silver, why now, I know there's a lot of hype in the internet , um, you know, through Instagram and the YouTube where you get these timestamps and you just have to kind of ignore that stuff. Um, no one really knows the dates or the time, but it is an extremely important time in history , uh, especially to the currency system and especially to the United States dollar , uh, so many dynamics. But today I just wanna focus on , um, the core reasons why gold buy silver. Now , and before I get going, I do wanna warn you that there are many, many gold companies out there. You'll see 'em all the time on Fox News and advertising. There's a reason these big companies have the money to advertise. They are gougers, and there's a word I would use that's pretty vulgar of what they're doing to weed the people. The premiums are absolutely outrageous. You could pay 60 90% over spot , and they, they sell you fancy ideas of coins, quarter weights , uh, one and a half ounce weights, things that are just completely irrelevant, stay away from 'em. Some of the biggest companies out there, most conservatives, have sucked up as their sponsor, mainly because they overcharge you, the people, so much money that they can throw millions in sponsorship to these people. And we just seem, unfortunately, even in the Christian world, to have a tremendous amount of greed , uh, which is just wrong for we the people. Uh, we even have a company out there now who is supposedly a faith-based company, and they like to, you know, brag about being a faith-based. They're not financial experts, they're just salespeople and they're not even writing their own articles. They're hiring a publishing company to write these faith-based articles. And what disturbs me is they seem to be decent people, which I'm glad they're not completely gouging like the rest, but they're still, they, they come , they talk about being such a faith-based, yet they're respective of persons and they are just like the people in the temple selling , uh, they have limits on what they would accept. They only really want people with money. They don't care if you just have a small amount , uh, which I find, you know, reprehensible if you're supposedly a faith-based company. So I would just stick with cornerstone asset, metals straight up to the point , um, take you care , you know, get you taken care of , uh, directly to the source and get it done. Uh, but there's some great minds out here financially. Uh, you know, there's, you know, David Kranzler , uh, and , uh, he's from investment research dynamics and even Egon , uh, von um , Greers , uh, from Switzerland , uh, he's been just a phenomenal mind , uh, with gold and the Swiss note gold probably more than anybody. But what's interesting is it's, it's pretty amusing here what's going on in the marketplace. We don't have a lot of truth. We have a lot of deception and misdirection. And he , you know, you , you saw what was going on in Davos where the, the single most important event that they have is controlling misinformation and disinformation, which is AKA censorship. So we tyrannical , uh, tyrants of the world can shut down any descent of, of idea and truth. So if you speak truth, but it's not lining up with their lie, then of course your misinformation. The irony of that is they themselves are the perpetrators of misinformation and disinformation and the taken away of freedom of speech and opinion is a very bad situation. You see that here in the United States. You see, you know, a lot of these big social companies platforms, they are the epitome of communist , uh, censorship. And it's just wrong. What are you afraid of? I would say just like you saw a conservative , uh, buying the Baltimore Sun newspaper, and it's just flipping out the media because now the media cannot control the narrative. I still think many conservatives with a lot of money, they need to be buying up media assets because we need to start getting the counter opinion . And the way I look at it is, what are you afraid of on the left? If not, just have a debate. Why can they not have a debate? Because they know the truth will just real 'em , they'll run right over 'em. And a vast majority of we, the people unfortunately, are brainwashed and you're believing , uh, uh, something that is just flat out not true. I, my heart goes out to so many of 'em . Um, just stay away from me. I'll stay away from you because I stick in the channel of truth. Uh , but I do find it amusing that the market system believes inflation is tied to interest rates. Now, to some extent it is, but it's not. And you have, which I call the Federal Reserve, they're now like the major propagandist. Of course, you know, they're doing their job when you believe that they have mandate of course, to control the interest rates, but they distract while creating the bank reserves, which is basically AK printing money out of plain sight . And it's the act of printing money is the issue. The monetary base, which when we say that is of course printing money, how much coin and currency we're actually putting into the system, why you better be absolutely concerned about the Central bank digital currency. Thank God in New Hampshire, Vivek Swamy and uh, Donald Trump were speaking and they both emphatically said that , uh, if they end up taking over the government, that the Central bank digital currency will never happen. It should not happen. If any of you think it's a good idea, your brainwashed or not paying attention because a central bank digital currency, and I say that maybe not you because most of you, if you're listening probably are aware of that, but you may wanna share with others. The Central bank digital currency will enslave. We the people, it will take over your money, it will tell you what you can buy and not buy. But that's the issue here is because they are almost forced to go to central bank digital currency so they can control the amount of printing of currency and taking money out of the system as they see fit. Of course, that that flies in the face of what freedom is. I like the idea of being able to go to a farmer's market and exchange currency for goods and it's nobody's business. That's what free people are about. If we allow them to do a central bank digital currency, they will know every single transaction and they will be able to say, you can or cannot do that, or you're doing too much of it, and they can cut you off. It is programmable. And that's what these people at Davos want to do. They want to control us like surfs. And we, the people need to say no , because the money printing is actually up over 7% since March. This is why the rate of inflation is basically rising again. And by the way, inflation rates, they're lying to you. This is rigged against you. The real inflation rate. You should go to shadow statistics.com. You go to the 1980s metrics of evaluating inflation Back in the 1980s, we actually measured inflation more honestly, without cherry picking certain items to show if inflation is up or down. If you go by the 1980s matrix of inflation, we are still in double digit inflation and they don't want you knowing that. So they rig the numbers to make it look like it's okay or getting better when it's not. And that's why I know in most pundits, you know, even break down to Sean Hannity, God bless him , he just doesn't know, but they, they quote the numbers that are given to him by mainstream financial media about inflation and it's all just flat out a lie. And it's embarrassing because no one really understands that that is a lie and it's rigged. Uh , but that is also why this money printing is why gold is up 7% and silver is up almost 16% since March. The bottom line is follow the money. The Fed does what , what what the Fed does with interest rates. Uh , few have really noticed that they stopped shrinking the money supply in response to , uh, the bank collapses that we had in March of 23. And by the way, those bank collapses completely exhausted the FDIC insurance fund. They totally broke the law, which is amazing today how much they can break the law. But you can't. They, they said in 2008, do FRA that you, you are not allowed to do the bailouts. Here's what's gonna happen. It'll be bail ins. But they didn't do it because the banks that failed had cronies attached to 'em . And of course they billed them out, but they exhausted the FDIC insurance fund that now has to be rebuilt. So for many of you who think you're protected by FDIC, you should read the fine print because they can give you, they could really take 99 years to pay you back. And the bottom line is you're never gonna see it. And if you really understood, which I'll be doing this program, I know I keep saying it, that it , they changed the bankruptcy laws. And so the bottom line is you're not seeing a penny. They can actually take, and this is why the World Economic Forum said clearly you will have nothing and you will like it because they can take your stocks, they can take the money in your bank account. If these institutions fail and those things go to the international banking system to support it, it's in the bankruptcy law already. Many people say that's no way they can do that legally, I'm just telling you it's already in the law. They have been incrementally writing these laws over the last 20 years. And when this thing hits, which I contend will be by design, I contend it's coming. We don't know exactly when. But with all the geopolitics, the de dollarization and the potential of World War iii , it can happen overnight and you will be shocked when your money is gone, your stocks are gone and you find out it is legal. So be very careful, but follow the money because since the banking crisis, the coin and currency and circulation has increased 7% since that March of 23. This is mainly the primary reason why the price of gold ran from 1800 up to 2070 before years end. Now, money printing is the fuel that drives precious metals, not interest rates, but the traders like to use the rates to kind of push and pull on the gold and silver prices. But what you see in the futures market is not what's going on in the physical market. I could tell you that the economy is likely headed into one nasty recession this year. Many sectors already like manufacturing have been contracting since 2023. The factors that dictate the Fed policy , uh, for the most part are supposed to be on protecting the banking system and the monetization of the new treasury bonds. Monetization means printing money. That's it. When you hear the word monetization, it means we are printing more. We are diluting, basically take a thing of cranberry juice, dump it in a toilet bowl, it's still red, take the cranberry juice, dump it in a Olympic swimming pool, it disappears. That is what's happening to your US dollar bill that you're holding onto right now. And that's what's happening to a lot of the where you think your wealth is in the paper system is why I'd be getting out. That's a really big deal of course, and many just don't see that. They don't put the big picture together. And that's what I try to do here is connect the dots for you. But over the next 12 months here in 2024, beyond all the geopolitical problems that we have, there is an unprecedented $8.2 trillion in treasury bonds that will have to be refinanced. Now think about it. These are treasury bonds that were financed initially back at like 2% and 3% real low rates, no big deal. Now they're gonna have to refinance 'em at these really high rates and the costs , high rates and costs are gonna be astronomical to we the people. So they're really in a damned if you do, damned if you don't moment because they need to refinance this debt. And if they try to refinance it at these higher interest rates, you wanna talk about the pressure on the dollar in the financial system, they, we can't afford it. We're already paying $1 trillion a year in interest on the debt we have try refinancing 8 trillion at higher rates and see where that goes. We don't have it if they lower interest rates. We are gonna have an explosion in inflation. And of course both of these scenarios will be epic for gold and silver. Unless the fed can find investors large enough, which who will do it to replace the foreign investment capital that is basically de dollarizing away from the US dollar. We will e either have to be the buyers of last resort, meaning monetization and we will watch treasury yields soar to levels that maybe would induce foreign capital back to the table. Uh, and the bond auctions . But these rates going up are going to be catastrophic for the economy considerably. Higher interest rates would throw the US into literally an economic depression. There is nobody out there to buy these bonds. We would have to have rates so high in order for them to go, okay, it is worth it because it's higher than the rate of real inflation. I'll buy the bond, but they're not there. So if we monetize the debt, meaning federal government, federal agencies buy you or and or banking system buys us bonds, that's one thing. But now they're gonna have to buy it at these high rates. There's nobody there to buy them. So they're probably gonna have to monetize it is in a major catch 22. if you do, if you don't type of scenario. The financial and economic fundamentals are set up quite similarly, which is interesting here, but yet much, much worse to the conditions that of 2008 that led to the great financial crisis, the response to the next full blown system crisis that is, I say literally knocking on the door, you better be cautious on the timing. We don't know it, but I wouldn't want to be late to the party will be much larger than any response in 2008 and 2020. What that really means is we are going to print trillions and trillions more into the monetary system. That printing of trillions and trillions of new currency will be explosive for gold and silver. And this doesn't take into account geopolitics, world War iii , world Economic Forum, a new pandemic that is going to probably be created in my opinion, or some kind of cyber hack or some kind of a cyber pandemic, which they're talking about at the World Economic Forum. I don't trust anything these luciferians are doing because they're going to have a major something. One, they cannot have Donald Trump in there as president. They're gonna do everything they can to stop that from happening. He is a absolutely uncorruptible individual and he will take America as Vivek Mami said, back to the 1776 moment. We will wipe out a lot of the government at that point and start back to we the people, free people back to free trade and rebuild the economy. Remember under President Trump, even though he was going after China, the world was getting ready to explode in economic activity, it would've been a boom. I contend because of all the money printing through COVID , we would've had an unbelievable economic activity where everyone from a waitress up would've been made wealthy . Instead, I say they rigged an election that brought in communist to this nation that immediately cut off our energy supply and immediately went to war with Russia and had reversed everything good and destroyed the supply chain as we know it. And I think forever change the American dominance as we once thought, this is our last chance America, you better get with the program because if we don't do this, whether you like Trump or not, he is going to be the man. And even Jamie Diamond , which surprises me, he's the president of um, uh, JP Morgan Bank even said Trump was absolutely the one who's correct about all these issues like immigration and you name it. Uh , he had to even give him credit. Trump absolutely did a phenomenal job, but he was fighting the, the narcissistic ideologues on the left and the traitors in his party. But I don't think that will happen next time around. But keep in mind, the reason you're going to see gold and silver going up is just the beginning of what I told you. But this is a total mismanagement of the US financial system. Our dollar has lost 98% of its value since Nixon closed the gold window in 1971. Most other currencies have followed the dollar down at various speeds. But now comes the really exciting phase of this race to the bottom. Here's where we're at and I'm talking the western world for certain, and that's Euro and the United States. This chart is incredible to see if you go back to the 1900, but we all these European and US currencies are basically down to zero. We have only 2% left for the dollar based currency system. Go to go to zero. But here's the thing, as Voltaire once said, in 1728 paper, money always returns to its intrinsic value, which is zero. Every fiat currency has gone to zero such the panic to take us to a government controlled slave state central bank digital currency. What we must remember is that the dollar doesn't just have a further 2% to fall to reach zero because to reach zero, it will next fall 100% from where it is today. And many will say, well that's not possible. All it'll take 20 years. I've hear , I hear that all the time by people. I'm like, you're gonna be in for a really big surprise . The latest hole that the US dollar is, is proposal is to steal. And I've talked about this, I think it was the last podcast, that we wanna steal $300 billion of Russian reserves and use the funds to reconstruct Ukraine. And then they actually set a deadline , uh, for the G seven nations to come up with this detailed proposal by 24th of February of this year. So when all the evils which the west has created, erupt in the most violent chain of events, I'm talking political, civil wars, geopolitical, more war, terrorism, economic collapse, including the fall of the monetary system as this gonna be. Now that's the question, but I contend we are at such a precipice, a fourth turning in US history, a fourth turning into the whole global concept of one world order. You even have that Yahoo Klau Schwab at the World Economic Forum saying that elections will be a thing of the past in the future. You gotta be, if you're not concerned, you should be about these totalitarian technocrats thinking they're gonna tell you and we the people, what to do because that's their goal. Take everything that you have that you don't think could be taken, which by the laws they can. And then you will be a slave and that will be absolute travesty. Now, I hope that this is not where the world is gonna go, but all the ingredients are in place and is , and we are starting this series of events which both are unpredictable and absolutely uncontrollable. Angel Merkel, who used to be the president in Germany, she even admitted since the Minsk agreement in 2014 when all this started over in Ukraine was always the intention of the US to push Ukraine into a conflict with Russia. I keep saying it, I've said it a dozen times, we started this war, it was planned and plotted. I think it's backfiring. I believe we lose, I think Russia overwhelmingly wins and that is devastating for the US dollar and the US reputation. This very final phase of the dollar debasement to zero started in June of 2022 when the US decided to seize all of these Russian financial assets. Huge mistake. That action was literally the nail in the coffin for we the people and of the Petrodollar system. We still had the petrol dollar before this happened. This has been absolutely devastating the last handful of years, what has happened with the global geopolitical policy. But since we destroyed the dollar , the countries are now doing oil and energy deals in their own currencies with trillions of American dollars in the float bad equation for inflation, meaning why they're gonna have to print trillions more and the printing of trillions more of the currency is why gold and silver will go to epic levels. People just don't understand. And keep in mind, it's not that you are making a lot of money in gold and silver, although you will. That's not the point. The point is inflation is gonna continue to rage when you are in gold and silver, your buying power stays the same. So let's say you're in gold and silver, you're still paying probably 80 cents for a gallon of gas and not three, $4 because you're able to sell the gold and silver, convert it back to currency and you get more currency for it than when you bought it. And therefore you are maintaining your inflation. Yes, the markets are rigged in gold and silver, but that's not gonna last for long because the destruction of the petrol dollar , you know, was in place really since what? 72, 73. Uh, this was to support the dollar with payment systems in in oil since gold was no longer supporting the dollar because they destroyed that capacity because they basically, we took all of Europeans gold during World War ii. We said it'll be safe over here. Give us your gold, we'll support you in the war. And then we said back the US dollar as reserve currency because it's backed by gold. If all you remember the silver certificate for you $1 and the gold dollar bills the $20 bill, $5 gold note. But what we were doing is the French especially picked up that we were printing too much currency and we weren't keeping up with the value of what we have in gold. They knew it was a scam. They asked for their gold back, boom. Nixon killed it. And here we are today. But for United States to seize major sovereign states assets like Russia, it will never end well. And then they wanna give those assets to the enemy. Like you . Ukraine is a guarantee to seal the fate of the dollar dominant currency system and its backers. Russia is not going to allow it and Russia is all part of the brick system. Now listen to what Janet Yellen, I'm gonna wrap this up, but listen to what Janet Yellen said in the house Financial service committee in August of 23. And then I'm gonna translate what this means. But listen to what she said. The dollar plays the role it does in the world financial system for very good reasons that no other country is able to replicate, including China. We have deep liquid open financial markets, strong rule of law, and an absence of capital controls that no country is able to replicate. But the dollar is far and away the do the dominant reserve asset . That's what she said. Translation deep liquid financial markets means we the United States have until now been able to create unlimited amounts of worthless fiat printed US currency dollars. We just print, print, print, print, print, dilute, dilute, dilute. And that's why you used to be able to go to the store and spend $20 for groceries and get a whole cart. And now you'd be lucky to get two items. Printing of currency, the strong rule of law. She says translates means that whoever totally obeys the US increasingly totalitarian system like the Patriot Act is protected by the law. And as regards capital controls, they always try to brag. We don't have capital controls and other countries do well. We have fatca , the Foreign Account Tax Compliance Act that the US forced upon the world financial system in 2014. You notice the date keeps coming up. It has led to a total US control of the global financial system. That means every bank around the world has to report every single thing that happens to an American. And as regards to the dollar as far away the dominant reserve asset, well, not for long Mrs. Yellen, what I'm curious about is Janet heard of the d dollarization. Has she heard of the bricks? And as she understood that the runaway debts and deficits are destroying the fabric of the US economy and financial system. The bricks already have 10 members. India, China, Brazil, Russia, South Africa, Saudi Arabia, the Arab Emirates, Iran, Egypt, Ethiopia. In addition, there's another 30 countries that want to join, including Venezuela and some of our allies. The bricks produce just under 50% of global oil. And it looks like that the oil reserves, the existing bricks plus spy members like Venezuela have 20 times the oil reserves of the us . Now why this is important is because good economies is all about lower energy. People just don't realize that the world's prosperity doesn't improve when you get more debt. We were scammed back in 1913 thinking debt was the way to go. We should have went , um, Australian , uh, e economy economics and we would've been successful, which is more of a biblical principle, but yet it's all about cheap energy period. Hence walks in the west and electric vehicles, electric cars. The world's largest battery factory is the Tesla Gigafactory. And listen to this, the annual total output from that factory would produce three minutes of the annual US electricity demand. That's it. Even with 1000 years of battery production, the batteries from this factory would produce only two days of US electricity demand. So I highly doubt batteries are gonna be the viable source of energy for decades, especially since they need fossil fuels to produce and and be charged with. They're not telling you that to charge one electric vehicle, you could have charged 200 households for a year. They're not telling you that the minerals, the mining that goes into getting the minerals needed for these batteries is, is going to be needing to be increased by 1000% in order to meet the demand, which is absolutely impossible. They're not telling you about the carbon footprint, the exhausting carbon footprint it takes to mine those minerals. They're not telling you how the batteries are so highly toxic. Whatever happened to Greenpeace, highly toxic. When you're done with them, you cannot recycle them. Where are you going to put them? They will be worse than nuclear waste material, but they don't tell you that. You see. So of course we want to achieve cleaner and more efficiency and more efficient energy. I get that. But today we don't have the means to produce the energy and quantity for anything but fossil fuel. Just get over it. You've got to know your information so you can fight against these audio log brainwashed, you know, lefties because they don't understand reality. I'm embarrassed when I see somebody buying electric vehicle. I mean, I just am especially those in the winter areas as these vehicles collapse and shut down and people are stuck. I don't have that problem with my diesel <laugh> . So , so stopping, then reducing, which they're trying to do the production of these fossil fuels. Uh , it's desire of most politicians of course look at California and these climate activists, I , I just don't get it. But it's going to be a guarantees to sub substantially exacerbate the decline of the world economy. And I think that's what they're really trying to do. So no one can really forecast exactly when this is gonna take place. So watch the timestamps, please in the internet 'cause nobody really knows. But what we can determine with great certainty is the risk of imminent world economy collapse and western monetary system collapse is gonna happen and there's gonna be an uncontrollable reset never seen before in US history. What we will , um, feel certain about is that the gold price very soon will reflect the major problems that the economy is facing. And don't underestimate the bricks and the de dollarization and other eastern countries. They are accelerating substantially. The purchases of gold and the west led by the US will accelerate debt creation, spend unbelievable amounts in, in small attempts to save the collapsing economy. And that printing of money is exactly why you're going to see unbelievable prices. Today we have gold at around 2050. It is cheap and anyone with savings or any currency sitting in the system should jump on this Now while they can buy your gold, buy your silver, stick it in a depository, wait until this forest fire is over. Owning gold is not gonna solve your problem, but it's gonna give you a very important nest egg in protection against what is coming. And this is just the one aspect of the financial debacle that's gonna take place in the world. We're not talking about the geopolitics, we're not talking about World War ii . We're not gonna , we're not talking about the future pandemic that they have call calling the future crisis in the internet they had called for. And you notice that the Davos said it's going to be disease X and what's the one thing that they said they were afraid of the most? Yeah, X the platform. Elon , Elon Musk. Because he allows freedom of speech on the old Twitter platform now called X. You notice how they subconsciously said disease X is coming. Whether they're talking about is disease of truth. And the Bible says the truth will set you free. So I know this was a little long, but I would be sharing it and passing it on. It's straight up . Good stuff. So until next time, God bless you.

Cornerstone Asset Metals:

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