Global GOLD PANIC because physicals can't meet paper obligations
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Welcome to the Health Ranger Report with Mike Adams, the Health Ranger!
Do not believe the official explanation that gold and silver prices are spiking because of the tariff threat.
Okay, that's the cover story.
The real story is there is a global crisis in the supply because gold and silver have been rehypothecated by various central banks and other institutions.
Who have committed fraud.
They've loaned out more gold than they have, and they've loaned out more silver than they have, and they can't make good on their obligations.
Oh, so they blame tariffs.
Well, there are no tariffs on gold and silver, by the way.
At the moment, I mean, from the U.S. point of view, Trump didn't put any tariffs on gold and silver.
Now, maybe there will be some tariffs put in place on metals from certain countries, but I think Trump is using these tariffs just as a negotiation tool to try to get these countries to do other things that he wants them to do.
Trump doesn't intend to continue to have tariffs, even if they initiate, or even if I'm wrong, maybe there are tariffs that I don't know about on gold and silver at the moment.
Well, if that's the case, they won't last long.
And the prices that you're seeing right now are not, in my view, they're not a result of a tariff threat.
They're the result...
Of global metals fraud that is now being exposed.
In my view, that's what's going on.
Now, don't take any of this as investment advice.
I'm not your advisor.
And I'm not making claims about making money on gold or silver or whatever.
The whole phrase doesn't even make sense because gold and silver are money.
Dollars are not money.
You know, making money on gold in dollars doesn't even make any sense.
Now, you may have noticed that South Korea has halted all sales of gold and silver bars and coins to the public or even to institutions.
They've halted the sales of metals.
Why?
Too much demand.
At the same time, the Bank of England rolled out a bunch of excuse making and said that if you request your gold and silver that they claim to hold for you.
If you request it, well, now it's going to take up to eight weeks to get it.
Eight weeks, folks.
Eight weeks.
They say, oh yeah, we have it.
It's just, it's in the back room somewhere.
We just have to, you know, we have to get it.
And that requires forklifts and stuff.
And, you know, gold's heavy, they said.
It's really heavy.
So it might take eight weeks.
You know, that is such complete BS. The truth is, they don't have the gold.
They don't have the gold.
And they're trying to borrow gold in order to fulfill the gold that people are claiming, that are redeeming, you see.
And this is why the short-term interest rates on borrowing gold have skyrocketed to the stratosphere.
That's why if you want to borrow gold right now, you will pay 9% per month.
Yeah, 9% per month, folks, to borrow gold.
Why?
Because everybody's scrambling, all the institutions, all the central banks, whatever.
They're scrambling all the exchanges.
I mean, maybe not every single one of them, but the big ones, they're all scrambling to borrow gold because they don't freaking have it.
This is a game of global gold musical chairs.
And the music is stopping, and there aren't enough chairs.
In other words, there's not enough gold.
There's a bunch of people all over the world who think they own a certain amount of gold.
Because, you know, the exchanges told them so, the banks told them so, the vaults told them so, whatever.
I'm not talking about private vaults.
I'm talking about, like, the Bank of England, right?
And apparently they've been lying this whole time.
And again, tariffs are the cover story.
So here's what this means, okay?
Here's what this means.
Number one, this is a critical time to have physical possession of gold and silver.
If you have gold and silver in your hands, great.
If you want more gold and silver in your hands, get more.
And don't value it in dollars.
It doesn't matter.
You should measure your gold and silver in ounces.
How many ounces do you have?
And my co-host, Todd Pitner, asked me during one of the recent DTV shows, he says, well, how much gold should a person really have, Mike?
And I said, well, it's simple.
I've come to decide on this simple formula.
Have one ounce of gold for every month that you plan to live.
Because you can live on an ounce of gold a month no matter what happens to the currencies.
One ounce of gold will get you rent, it will get you food, it will get you basic clothing, etc.
I mean, it's not a luxury lifestyle, but it's a lifestyle.
You know, it's a life.
You can live on an ounce of gold a month.
So, calculate how many months you plan to live and try to get that right.
And then get that many ounces of gold.
And then you are set.
From that point forward, now you have Savings in real money.
You know you can handle the rest of your life.
And I know if you plan to live, let's say, 10 years, and you're like, you mean I need to buy 120 ounces of gold?
Yes, that's exactly what I'm saying.
Because then you don't have a care in the world.
I mean, then if you want to take more money and speculate in crypto or speculate in stocks or whatever, yeah, go for it.
Because at that point, you're covered.
You know you've got enough gold to live on.
So sometimes people say, well, what percent of my portfolio should I have in gold?
It's not a percent.
It's ounces equal to months.
That's what it is.
Get enough ounces to cover the months that you plan to live.
After that, you know, up to you.
And I should mention the sponsor of this podcast, of course, is our gold sponsor, the Treasure Island Coins and Precious Metals Company.
You can find them at metalswithmike.com.
And, of course, their phone is ringing off the hook right now.
This is another one of those times when everybody in the gold retail industry or the silver retail industry is going bonkers because of so much sudden demand.
And, yes, I'm sorry about the background noise.
I'm recording this on the road.
But I'm going to be interviewing Andy Sheckman coming up soon.
And Andy Sheckman knows even more about what's going on internationally with the whole gold shortage.
And I've listened to his recent interviews, and I think he's right.
I think he's right.
Something big is going down.
Trump has ordered all the right parties in the US to take possession of gold away from the Bank of England.
Bring it home.
And so there are 737s flying from London to New York.
They are filled with maximum capacity of gold.
That is, I don't mean they're completely filled with gold.
I mean, there's only a certain amount of gold that can be on any given flight.
And that gold maximum has been reached on every flight for the last several weeks, and it's going to continue to be maxed out because the parties that know what's going on, the people connected to Trump, the people connected to the wealthy, they are repatriating gold back to the United States, getting it out of the Bank of England and other overseas banks.
They're bringing it home to the U.S. You know why?
Because, at least this is the rumor, the speculation, Read about what's called the Mar-a-Lago Accord.
This is a plan that was written by a man named Marin, M-A-R-I-N, I believe.
That's his last name.
He wrote this plan, and I believe he's serving as an advisor to one of the departments under Trump.
And it says, here's how you recalibrate the global currency ecosystem, and here's how you save the dollar.
You know how you do it?
You use tariffs to basically bludgeon all the other nations into dumping bricks and accepting the dollar, and then you revalue the dollar based on gold.
Now, I'm simplifying and I'm reading into the Mar-a-Lago Accord a little bit there, so don't think I'm quoting it word for word.
That's not exactly what it says.
I'm sort of extrapolating, but it looks like gold's going to be used to backstop either the dollar or something parallel, such as you might call it the new dollar.
And gold's going to be used to back it, okay?
So what does that mean for gold?
Well, I've talked about this.
If you do the math on current gold prices and the current M2 money supply and being able to back the dollar with gold, that is to make dollars.
Exchangeable into gold, you know, where you can turn over dollars and redeem physical gold.
In order to make that work, even at a fractional gold backing, you would have to value gold at something like $25,000 an ounce.
And by some accounts, it would have to be even higher than that.
Now, is that going to happen?
I don't know for sure.
If it does happen, you know, your gold value is going to go up almost 10x.
In dollars, which would really be something.
It means that people who hold significant gold are going to be just overnight the new millionaires or billionaires.
I don't know.
I guess it depends on how much you have.
And then you'd be able to trade it for the dollar or the new dollar at that point, if you wish.
But that scenario, I just want to warn you, that scenario will almost certainly result in near hyperinflation of the dollar currency also, which means that Even if you get $25,000 an ounce for your gold, you think, oh, you went 10x almost on the gold.
Well, the dollar may go down almost 10x itself in terms of its purchasing power, you know?
So a hamburger might cost $100 or $200 or whatever.
Inflation is a big, big part of this, and that's part of the plan of the Mar-a-Lago Accord is to inflate our way out of debt.
And that way then we can essentially clear out the debt or reset the debt through inflation.
You know, the U.S. owes $36 trillion.
How are you going to pay that back?
You're not.
Really, you're going to hyperinflate the currency and you're going to pay back the debt in inflated dollars or really devalued dollars is the proper way to say that.
And the only way to make it through that transition is to hold gold.
If you hold gold, your purchasing power will stay.
Roughly about the same before and after this.
Whereas if you hold dollars, you're going to lose a lot.
And that's what's going to happen to most people because they don't own gold or silver.
So understand what I'm saying here.
I'm not saying that if you hold gold, you're going to be like instantly overnight wealthy in terms of purchasing power.
Really, if things go well, you will preserve your purchasing power.
Yeah, the...
The dollars you will command will be 10 times higher, let's say.
Possibly, that's just an estimate.
But it won't buy you anything more.
And if you don't hold gold, you might lose 90% of your purchasing power, which will instantly thrust all kinds of people, tens of millions of people in America, into poverty overnight.
People who have dollars in the bank.
People who have assets that are dollar denominated, like, oh, I don't know, treasuries.
Municipal bonds, you know, things like that.
Dollar-denominated debt, yeah, going to be approaching worthlessness, but not quite, but, you know, close to that.
That can happen.
Now, I just want to have another disclaimer here.
I'm only giving you my best understanding.
I'm going to interview experts who know more than I do about this, like Andy Sheckman and Steve Quayle and others, and...
I reserve the right to update my analysis based on new information, and I can't guarantee what's going to happen.
So please don't run out.
I never tell people to run out and bet the farm on gold.
I mean, don't borrow money.
Don't mortgage your house to buy gold.
I'm not at all saying anything like that, okay?
Just to be clear.
You should own your home free and clear if you can.
Don't have debt.
And accumulate gold over time.
And accumulate silver over time.
A lot of people believe that silver...
Is that true?
Well, again, I don't know for sure.
But in terms of diversification, it's not a bad idea to have some gold and some silver.
Now, if you start to get into higher dollar amounts, like hundreds of thousands of dollars, silver becomes really Big and bulky and heavy and just hard to manage.
Whereas, you know, you can put $100,000 worth of gold in a purse, you know, easily.
You can walk around with that.
I'm not saying you should, obviously, but you could.
Now, Trump is trying to achieve peace in the world.
He's trying to stop the war between Ukraine and Russia and I'm glad that he's working on that and I think he will.
Now, I will tell you, the day that Ukraine and Russia and the USA sign some kind of peace accord.
That day, gold will plunge.
There's no question about it because gold goes up when there's war and uncertainty.
Whenever there's peace, gold goes down.
And if you want, if you think you can time this, wait for that day and then buy gold.
I'm not going to play those games.
I'm just going to buy a little bit here, a little bit there.
Just do it over time.
Dollar cost averaging because I don't have time to...
We monitor price fluctuations all the time.
But the Middle East, see, the Middle East could erupt at any moment.
There could be new attacks from Iran or on Iran.
There could be new missiles from Yemen or new attacks from Israel, what have you.
And so you could end up in a war scenario overnight.
So if you're waiting around for peace in Ukraine, there might be war in the Middle East, and then suddenly gold goes above 3,000, and you miss your opportunity.
So be careful trying to time it.
I just say, like I do, buy a little bit here and there, buy a little bit every month, and just either stack it yourself, put it in a vault, use a trusted vaulting service.
Talk to our gold sponsor, metalswithmike.com.
They have a trusted vaulting service, and they're the best in the business.
They're actually the sister company of one of the largest wholesalers of gold and silver that provides the metals to many of the other retailers across America.
I mean, they are a significant operation with a significant secure vault.
They've got outstanding people on staff.
They know what they're doing.
They are the experts.
It's a multi-generational operation.
I mean, it goes back many decades, okay?
So that's the Treasure Island Company.
They are trustworthy in this business.
And are there other forms of gold and silver to consider?
Well, yes, of course.
Sure.
I mean, if you go to rangerdeals.com, we've got a couple other forms there.
Goldbacks are popular as, you know, I mean, novelty items for one thing to give away as gifts.
With goldbacks, you can buy denominations of one one-thousandth of an ounce of gold.
That's the one goldback.
And, of course, the goldback itself, which is a really beautiful polymer item, it is more expensive than actually one one-thousandth of an ounce of gold because, obviously, there's costs associated with...
Making the gold back, but it's beautiful.
It's an amazing gift.
It's a great way to tip people.
It's also a great way to stack a kind of divisible gold.
So I think it's worth considering all these different forms, because what if there is some kind of a temporary economic shutdown or a dollar collapse, and you need to go barter with gold?
How are you going to barter with a one-ounce coin?
That's not going to fly, right?
You can trade or barter with 1,000th of an ounce of gold or 5,000ths of an ounce, and that's what goldbacks are all about.
And there's also, you know, prepper bars, which are silver, that are breakaway silver.
I've got those on my website, rangerdeals.com.
Go there and check it out.
You can see those.
They're also, they have high utility.
It's more expensive than spot silver, obviously, but it's got this utility capability.
And it's about the size of a credit card.
So, you know, it fits in your pocket, fits in your purse.
You can break off like 1 20th of an ounce or 1 10th of an ounce of silver.
So there are different forms of gold and silver that are also kind of, you know, usable.
So the bottom line is to stack the maximum ounces with the most efficient cost, you're going to buy gold, either one ounce coins or even gold bars, but they're not as liquid as coins, just warning you, or you're going to buy silver coins.
If you want these other forms that are highly divisible and are more novelty-oriented, you know, that's goldbacks or pepper bars, things like that.
And you can find those at rangerdeals.com.
And remember, our gold sponsor is metalswithmike.com.
And I do want to tell you, I don't earn a commission from metalswithmike.com.
Because their prices are so...
The margins are super, super thin.
They are a sponsor, but they don't pay me a percentage.
So it doesn't...
It doesn't matter to me one way or another whether you buy or don't buy from them.
It's just that I trust them.
I've worked with them for years.
And you won't go wrong working with them.
All right.
Finally, some people are asking me, well, with gold so high, should I sell some gold?
And should I take some profits right now?
Obviously, that's completely up to you.
I don't offer financial advice.
I can't tell you what's the best decision for your financial situation.
But I am not selling any gold or silver.
I think the future is much, much brighter for these metals, and I want to make it through this reset, this transition, whatever this is.
I think right now, just my opinion, not financial advice, but my opinion is that right now would be the worst time to sell gold.
Now, it may fluctuate.
Like I said, if there's peace that breaks out with Ukraine, gold's going to go down.
That's fine.
We want peace in Ukraine.
We love peace.
I'm not worried about gold fluctuating up or down.
I'm talking about the big long-term trend here where I think it's going and just as a vehicle for holding value.
And that's all I want gold to do.
I want it to hold value and help me transition across this reset.
That's what it's going to be good for.
And I think all the smart people know that.
All the billionaires know that.
And that's why they're all taking their gold.
They're redeeming, you know.
And that's why the physical is in short supply.
The rehypothecation has been off the charts.
And there's going to be a global shortage and probably some kind of a global default on the rehypothecated gold and silver.
And that's going to send prices even higher, is my guess.
We'll see.
All right.
But thanks for listening.
Mike Adams here.
Again, not financial advice.
Do your own research.
Do what's best for you.
Get your own financial advisor.
Hopefully they know about gold.
But I've been right about gold this whole time.
If you bought gold when I started recommending it many years ago, you know, gosh, you are really happy.
Your gold portfolio has gone up way more than 50% in just a few years, like three years, something like that.
So I think it's worth looking into.
Thanks for listening.
Mike Adams here, The Health Ranger, naturalnews.com, and also brighteon.com.
Take care.
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