In this week’s Live from the Vault, Andrew Maguire is joined by the President of the Gold Silver Pros, Robert Kientz, who questions the agenda behind the centralised electronic currency and its possible interference with citizens’ privacy and freedom.
The two precious metals educators discuss the available solutions to address the potential collapse of the inflation-ridden Western economy, considering it might be time to allow for an alternative monetary system to enter this conversation.
Timestamps
-
00:00 Start
-
03:50 The world is moving towards centralised electronic currency.
-
06:43 The CDBC: how much our rights, privacy and freedom are at risk?
-
10:10 How to protect your wealth? Robert Kientz’s advice.
-
14:45 The silent enforcement of the WEF agenda. What could be the answer?
-
20:30 What happens when you start backing currency with physical assets?
-
26:01 What are the available solutions to address inflation and financial decline?
-
30:26 Belt and Road Initiative and other signs of rising independence from the West.
-
37:32 China and Russia are becoming leaders, the US is no longer the top dog.
-
41:21 The EFP: from the Fed’s paper gold wall in 2022, to the current spike in interest.
-
47:50 With Basel III in place, the paper market is now meeting the physical gold market.
-
50:00 Will the long-term effects of Basel III force the trade out of COMEX?
-
50:53 The downfall of paper-printing - other countries now reject the US dollar.
-
53:15 The collapse of the Ponzi system: the Fed raising rates, banks lacking liquidity.
This publication is for informational purposes only and is not intended to be a solicitation, offering or recommendation of any security, commodity, derivative, investment management service or advisory service and is not commodity trading advice. This publication does not intend to provide investment, tax or legal advice on either a general or specific basis.
Recommended Content
Editors’ Picks
EUR/USD extends recovery beyond 1.0400 amid Wall Street's turnaround
EUR/USD extends its recovery beyond 1.0400, helped by the better performance of Wall Street and softer-than-anticipated United States PCE inflation. Profit-taking ahead of the winter holidays also takes its toll.
GBP/USD nears 1.2600 on renewed USD weakness
GBP/USD extends its rebound from multi-month lows and approaches 1.2600. The US Dollar stays on the back foot after softer-than-expected PCE inflation data, helping the pair edge higher. Nevertheless, GBP/USD remains on track to end the week in negative territory.
Gold rises above $2,620 as US yields edge lower
Gold extends its daily rebound and trades above $2,620 on Friday. The benchmark 10-year US Treasury bond yield declines toward 4.5% following the PCE inflation data for November, helping XAU/USD stretch higher in the American session.
Bitcoin crashes to $96,000, altcoins bleed: Top trades for sidelined buyers
Bitcoin (BTC) slipped under the $100,000 milestone and touched the $96,000 level briefly on Friday, a sharp decline that has also hit hard prices of other altcoins and particularly meme coins.
Bank of England stays on hold, but a dovish front is building
Bank of England rates were maintained at 4.75% today, in line with expectations. However, the 6-3 vote split sent a moderately dovish signal to markets, prompting some dovish repricing and a weaker pound. We remain more dovish than market pricing for 2025.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.