RIGGED [against you]

15. While Millennials Date Bitcoin Mature Investors Marry Gold

August 07, 2020 Terry Sacka, AAMS Season 1 Episode 15
RIGGED [against you]
15. While Millennials Date Bitcoin Mature Investors Marry Gold
Show Notes Transcript

Millennials: Right-swipe every sexy crypto esp. Bitcoin & Ethereum
Mature Investors: Soulmate with tangible assets esp. Gold & Silver
Russia: Deep into De-dollarization of the U.S. Dollar
China: Firmly in control of America's supply chain

Companion Guide: $1 Million+ Retirement
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Terry Sacka AAMS discusses the odd relationship between millennials infatuation with crypto digital currency and mature investors marriage to gold and silver.

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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]:

Theme song.

Terry Sacka AAMS:

This is RIGGED. I'm Terry Saka. Today. We're going to talk about Bitcoin and gold and the interesting relationship compared to the generations and its relationship to Russia and China and their systemic and focused take down of the dollar and its reserve status and how all of that it's going to impact every single one of us. So I want to get into discussing, which is interesting about the generational is that we find that young investors have flooded into Bitcoin during the plandemic while the older generation can't really seem to get enough gold, which is really interesting to me because what I find in America, which is fine, we seem to be attracted to the sexiness and the dress up of something. We really don't calculate mathematics. It seems very much. We just don't. I mean, the fact is that, you know, in the last 20 years, the market really is only up 160%. Gold is up 600% in silver is up 450%. So really, if we were really truly looking for return, obviously it was a superior investment over the last 20 years to be in gold and silver. But obviously that ruins the Fiat currency narrative, especially for all the financial advisors and all those that work in Fiat. But you see, I've been speaking about this and we have been, you know, for quite some time and wealth transferred now with rigged is that Russia and China have been systematically undermining the hedgemony, the superiority of the dollar reserve currency. I've been tracking it for some seven years watching it in the middle East and how they've been infiltrating into Libya and the relationships with the Saudis and others and how the Chinese have been building up the silk road, which is really a dynamic a road or basically route of trade from China, going across the rails in roads of land all the way from Russia to Europe, and then the maritime, they control all the way from China all the way through, up into Europe. So they really have sealed about three quarters of the world into their power grid. And yet we were focusing on jihadis in the middle East. I even had conversations with high military officials and I'm asking, you know, I get it I'm army. I understand. But as it just truly about the money, because we've been so ingrained in fighting jihadis, we missed the fact that the Russians and the Chinese have been systematically undermining our superior dollar, meaning taking our American away. And why haven't we been dealing with that? Is it because the China trade of cheap goods and services, we just wanted to keep the status quo. I mean, from what I see the vast majority of the socials and the major part of the political establishment, I have really been beholden to China. I mean, just look at the sports teams, everybody bends over to China and I don't quite get that because they're communist and there's never a good communist. Chinese people are great, but communism, not a chance. So we, the part that got me was the mathematics. If we really were into mathematics, we wouldn't be doing that. We would have really analyzed differently. So the young investors are flooding into Bitcoin. So since the plandemic has really hit, Bitcoin was floating around 9,000. Just kind of stayed there, although that's really expensive. So why they're buying Bitcoin? I don't know. And from what I'm being told about from millennials and them, they don't quite understand the physical aspect of taking possession of golden silver. I just find that millennials are moving into a world where they want one, two clicks and be done. They don't get the dynamic importance of physical assets, tangible assets, like land and gold and diamonds and things. So here are the real numbers. Since the plandemic has started, Bitcoin is up about 25%. Gold is up 68% and silver is up 110%. So if you really were calculating, now I know why most didn't go into silver because they have fallen victim to the psych op that the banks had on people thinking silver goes up and then they crash it down. And why would you want to do that? But if you understood the dynamics of what was taking place in the global financial system, you would have known gold and silver were going to be released. The federal reserve has come out and admitted. They're willing to let inflation burn hot. And so when you take the 10 year treasury and inflation and you start calculating, you get a really a negative 2%, they gave the green light for gold. That's why gold is near 2,100 an ounce, but silver is on fire. Silver is up over 110% and just moving and believe me folks, if you think you missed it, you're kidding yourself. Silver will hit 50 and go to areas. You never thought possible. And you're gonna look back and go, Oh my gosh, why did I not do that? I highly recommend, you know, giving cornerstone a call, cornerstone asset metals, go register him for information. Give him a call, look into how you can diversify into those tangible assets like gold and silver for the future. The supply is definitely getting tight and premiums are high, but you want to get it now because if you think$30, Silver's high wait until it's 250. So really Russia and China have been D dollar rising. It's called de dollarization. They've been moving away from the dollar for quite some time. Now, Russia, and more direct way, but China, you see pegs their currency, the one to the dollar. So China gets its value as the dollar and the rises up and down. But believe me, it's coming the day when China D pegs from the dollar and they go rogue on their own. They're just using the West of build credibility and I can get into it, not in this podcast, but tell you how they've been over this last seven years as establishing credible currency hubs in the Netherlands, in London and all around the world, getting ready for this. They issue their own oil contract on the Xing high backed up by gold. You see, they've been setting this up and then they've been undermining us with Russia in the middle East. So the whole time through the Obama administration, they were just played or maybe they were on their side, but they were set up to the point where we were destroyed over that period in terms of, of relationships that dollars viability. So many things were set up and now you're seeing the takedown, but you see, they've been de dollarizing to a point where now it's reaching breakthrough moments. As countries are ditching the greenback for bilateral trade and folks, if you ever study the levels of the empire, there are seven levels to an empire and we're in level six. And once there is an undermining and a lack of confidence in the currency, the empire is collapse stage seven. So it's a seven stages of the empire. And boy, that's a beautiful study cause we're in stage six right now, but see China and Russia knew this. And if they're ditching and all these other countries are starting to ditch the greenback for bilateral trade, what it really means is that people bank of China and the Russian central bank, there are building the reserves of gold bullion to levels not seen in years. And that's only the official number I contained when the really comes out, people are going to be blown away. You see all the mining assets and China stays in China, and we only have real numbers on what we know were imported. And I know for a fact of certain numbers that were being imported through the re the refining industry, everything that went to Hong Kong went to China. I think the Chinese are going to come out one day and they're going to say to the world that they have more gold than the Europeans and Americans combine. I believe the Chinese and the Russians will set the bid one day and people will see 50,000 gold and they're not going to believe it, but by then, it'll be too late. Anyway, for the average, we, the people, because see, they've been systematically doing this, not only building the bullying reserves, but the Russian central bank became one of the world's largest buyers of gold last year, at least among the world's central banks. Anyway, and most central banks have been buying gold. And yet we, the people have been told by financial advisors not to do anything. And yet over the last, you know, well ever since this year and the whole plandemic the stock market's still down and people are just missing it. They're, they're paralyzed by the corrupt plan, Democrat approach of lockdown and all of this misinformation. I think this is a global elite take down to take us into the one world order, but that's just my opinion. You see, the Kremlin can just make Russian and Chinese companies substitute the one and the ruble for dollars with a flip of a switch as Russian president Vladimir put in once exclaimed, they wish to destroy the dollar's reserve status by forcing more companies from Russia and China to search for alternatives, to transacting in the dollar and for nor the reason then to keep costs down because the dollar has tremendous inflation. It was just destroyed since 2008, Putin gleefully revealed that Russia had reduced the dollar holdings of its central bank by 101 billion cutting the total in half. They've been planning this folks and they're not stopping. And what we're going to see next is astronomical gold and silver prices. The dollar is running around to 93 handle right now. And I contend it's going down to 60. If you just understood what's going on in the banking crisis to the tune of tens of trillions needed to bail out the banks. And just over the next year, you don't understand. We have our challenges. I have hopes that we can rebuild America. We can rebuild the supply, take the supply chain away from China, bring it back here to America, bring manufacturing back here and boom, our economy through labor and, and high wages, but it will cost us inflation. So you better have inflation protection. And that is physical metal like gold and silver. So until next week, God bless each. And every one of you

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