RIGGED [against you]

14. How A Financially Incentivized Crisis Stunned The World Economy...But Not Gold

July 29, 2020 Terry Sacka, AAMS Season 1 Episode 14
RIGGED [against you]
14. How A Financially Incentivized Crisis Stunned The World Economy...But Not Gold
Show Notes Transcript

Should you be in gold right now? Hint: The dollar's ability to maintain its status as the world's reserve currency has been diminished and its status as such is in deep trouble - yet Gold Futures touched $2000/oz, the highest level ever in history.

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When the banking system is bailed out to the tune of trillions how do you think your buying power (ability to buy goods in the future), wealth and retirement will be affected?

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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]:

RIGGED intro.

Terry Sack AAMS:

This is RIGGED. I'm Terry Sacka. Today, we're going to talk about the virus, gold and our reserve currency status, which is actually really important. That's actually the reserve currency status is what's given us what we think is known as the American dream. Now, the virus really not too much to get into. I will always contend. And I really truly do believe that this virus was a massive, massive political hit job. I believe it starts from China. Why did they let people go from Wuhan to the world? Why not let anyone go from Wuhan to anywhere else in China question, right? And then they worked with the world health organization to create this narrative. Somehow this thing is no doubt orchestrated through the elite political system to completely destroy the Western sovereignty, the Western freedoms, the Western financial system, what they needed to get to the global. What I call global socialist order was to take down America and America in the middle class. For sure. And I think they've truly succeeded in the scary part about it is thecomplacency and willingness of the people to go along with it. I mean, you got Dr. Fauci himself even saying how ridiculous the masks were. They're ineffective. And now look at us, walking around with masks and everyone mandating it's silly. They're lying to you about the death rate. I would say the death rates, not even a third of what they're saying, they're putting motorcycle accidents, suicides, all sorts of things down as COVID and it's all financially incentivized. So if a hospital puts down COVID, then they get paid money. Something stinks because no one in either side of the political aisle is really standing up. Most some are, but for the most part, they're not. So it's a setup. You could even listen to some of the most renowned doctors out there in epidemiology and virology. And they'll tell you that the test they're giving was never designed for human. It was designed for laboratories. That's why 50, 60% are asymptomatic. They can't even pass the virus on. They even tell you that if a child has the virus, they can't pass it to the adult. I mean, this whole thing stinks because they destroyed the economy. That's why it's important. The things a lie, the death rates a lie, but so much of it is fabricated, but why? And the only thing is, is to destroy. Now you could always say that they're trying to destroy Trump, which is probably partially true, because I would think if he gets reelected, there's going to be an unbelievable thing. Like you can never believe against the corrupt treasonous behavior of the political system on the left. And it is serious. There's white Knights in the government that are trying to put it to, to put the rule of law back in place for we, the people which applies to everyone. But see that, I would say, I think this is more insidious. I think this goes globally. I think this is the global take. They've been trying to do this. They tried to do it before and they just could never get the people to go along. I think social media has really helped the narrative. And I think a vast majority of people are extremely ignorant on the facts, especially the study of face masks. If you really knew the study of face masks and how absolutely ineffective it is, and there's no science behind it. And you look at us like sheep, they're now saying face mask. What's next- vaccines. When this thing mutates every 15 days, somehow you're going to tell me vaccine. Now the reason it's a big deal is because they shut down the world economy. Now I contend they did that sorta on purpose. Maybe it was to get to their end means of a fourth Reich, which is a global socialist order, which is very clearly the goal of the elite. But I also know that in November, August, September, November, the banking system worldwide was collapsing. And so we knew the banking system was collapsing. They were bailing out the banks to the tunes of hundreds and hundreds of billions, which has now reached five points, 2 trillion and folks, 5.2 trillion. They're going to need another 15 trillion by the end of the year, just to bail out the us banking system. Think about that staggering number. So I won't be surprised that this may be connected, that they perpetuated this false fake narrative of a deadly pandemic virus that didn't turn out to be deadly at all that most of the death count is fake. And we all know it we've been catching them. We know the tests they're given are fake because there's people saying they never even took the test and they're getting reports that they tested positive. And this isn't just an isolated incident. This is definitely a world all around. So the thing is why I think it's a dis it's a deflection in a distraction that the actual banking system itself was in massive trouble. And it already, still is. So what's going on? What, what are we doing here? Because it's really truly about hegemony and the superiority of the us dollar and the d ollar ability to be the reserve currency, even Goldman Sachs now is calling i t calling in line at the dollars r eserve c urrencies in trouble. And they're going all in on gold. W ell, a s the fed reserve a nd the central banks continue to prop up the global economy with massive money stimulus, we're talking trillions a nd bailout for the individuals and corporations, and they're getting ready to do another one. And the absolute trillions, literally by the end of this year, I won't be surprised if it's$20 trillion, we'll be bailing the bank out the banking system folks that is unbelievable. And you don't think there's going to be a consequence of that to your buying power, to your standard. Living for the future. Investors are just beginning to move into the precious metals to protect wealth. And just recently announced the U S mint has reduced the volume of golden silver coins is distributing to authorize purchasers as coronavirus pandemic slows production. This is out of Bloomberg. They say, I don't buy that one. Number one, this whole virus is a joke. Yes, it is definitely more deadly like a flu to the elderly as some of those most susceptible, but so is the flu season. And my state last year alone, we had 10,000 flu cases. So far, we've had like 3000 of this Corona thing in nine months. It's a joke to destroy people's livelihoods, destroy businesses, it's political. And I think it's more insidious, I think as Lucifer theory. And if I have my way of it, because I don't think everyone's doing it consciously, or they're not slowing production down at the mint because of Coronavirus. Now that's what they're telling you. It really, that there are serious problems in the supply chain. It's really that tserious, huge demand in gold and physical silver demand. Huge. And I think t hey're, they're using t he pandemic, which really isn't a pandemic when you get the true numbers in, but they're using it a nyway as a, as an excuse. If you notice they're using that as an excuse for even voting this November, they're terrified of another four years of Trump because they know the whole s ystem i s going to go down and they're going to be found out as treasonous frauds. And it's not right because we, that people are citizens of a Republic under the rule of law, which applies to both sides always. But the point is they're using the pandemic as an excuse to cover up the systemic implosion of the global financial system. The banks have been going down and they're using that as an excuse folks. It's because they don't have the supply is because the problem is the supply. You tell me, you can't produce, give me a break. They could get 500,000 people out there protesting neck and neck for weeks and months on end. And somehow that's not spreading the virus, but they can't produce the gold and silver. You know, there's a more insidious reason for this. They say the mint West point complex in New York is taking measures to prevent the virus from spreading among its employees. We'll probably slow production there for 12 to 18 months. Well, that's not the reason why folks, the reason why is gold futures touch$2,000 announced the highest level ever the highest intraday price on record in our history. We are now at record high gold prices and silver is being very suppressed. So they're not able to get to that point, but record high gold prices. That's why they're doing it because the dollar is in deep trouble. When gold goes above 2000 in the world will know it. And that's a big, big difference. So right now, recently you saw that silver pulled off when gold hit 2000 that's because they dumped 1 billion ounces of naked shorts into the market overnight. They sold 1 billion ounces of silver. They don't own talk about corrupt and criminal. And then as soon as London comes on, London does the same thing. They shoot this thing down to 22, but here's the demand in the power of the people. It goes from 22 all the way back up as it was before I did the podcast at around 24 and a half, there was serious problems in the supply chain because people are waking up to the fact that the FIAT currency system is in deep trouble and they want alternative, tangible assets to protect their wealth folks. This is the end of a cycle that silver is coming soon. This is the end to silver to money ratio. The silver to money supply ratio is so pathetically low compared to 1980 silver closing and its best week and 40 years yet the chart below what, what I'm looking at suggest that the bull market is just in infancy. The macro fundamental science point to a colossal multi-month multi-year up move in the price. And eventually we'll not only hit that$50 Mark. We will go to three figures, but the bigger concern is, are you protecting your wealth? Are you preserving your standard of living for the future? Because these conditions are going to continue to get worse. The banking system is definitely an issue globally. Nothing we can do. We can just set ourselves up for what's coming in the future, meaning get entrepreneurial-ism get regulation and taxation in line. So when we come into whatever new currency system needs to be done, that we, that people still have wealth to protect. That's why I would go to Cornerstone Asset Metals and inquire. You think you missed it. You haven't missed anything. It's just getting started. Gold will easily be 3,500 to 5,000 an ounce, and silver will be a hundred plus and probably a lot higher than that, but it's not more than anything else that this currency system is going down. The dollar is going down to a least a 60 handle. If not more, it is definitely crashing because you can't keep printing trillions of dollars and continue this. And what China charade on the world and the attack on the dollar's supreme global currency reserves status. You can count on this to keep escalating. There's a reason we're escalating with China. They've been systematically going after the reserve currency of the U S dollar with Russia. For years, years, I've been telling people, even in the Pentagon about this people, I can talk to anyone I can talk to. I say, you guys are focusing on the wrong targets. I'm ex-military ex army. So I do have some friends, but it's just an interesting conversation. Why are we focusing in the middle East? Hello it's China and is just getting started. Folks, if you want to have some resemblance of a standard of living that you better be protected in a form of tangible assets and something liquid, because right now the supply is available. But what I just read you about the US Mint, that's just getting started. Just getting started to supply is going to get more difficult. The premiums are getting higher and you're still going to want it because that paper currency you're holding is gonna lose tremendous buying power. So stay focused and be resilient. And know this isn't short term. This is something we got to ride out. And if we ride it out on the right side of the fence, we will come out with victory because we will have stabilized our savings and our wealth going forward. And we have a set us up for an opportunity to come into the new world we're going to be coming to do soon. So God bless each and every one of you catch you. Next time.

Cornerstone Asset Metals:

Since the Dawn of civilization, gold has been used as a medium of exchange. Men have minded bartered with it and even died for it. But most importantly, physical gold is liquid and will never become worthless. Gold has been the most coveted metal in the world and the single most trusted international medium of exchange in history. The power of gold its stability as a standard of real value, which cannot be overstated. The best way to invest in gold is through a reputable, precious metals dealer. Cornerstone Asset Metals was established to help guide you on investing in precious metals, such as gold, silver, platinum, and palladium. Our website contains a wealth of information on precious metals, IRAs, and even custom minting. We specialize in helping investors like you diversify a portion of their portfolio into hard assets with advanced investment strategies designed to maximize your returns through the purchase of physical metal. You can even read breaking news in the precious metals market on our blog. Feel free to browse our articles and video updates when you're ready to invest, simply fill out the form at the top of any page with your first name, last name, email, phone number, subject of your inquiry. If you've ever invested in precious metals before and who you are referred by, if any. It doesn't really matter whether you choose to invest in gold or silver, it depends more upon what you can afford to invest. When you're done click submit request and a Cornerstone Asset Metals representative will contact you within two business days. At Cornerstone Asset Metals, we look forward to serving you. Visit us today at www.CornerstoneAssetMetals.com