Peter Schiff: Gold Could Explode At Any Minute

Gold Could Explode At Any Minute:

By Peter Schiff March 27, 2018

Last Thursday, the Dow Jones fell 724 points. It followed up with a 424 point decline on Friday. Meanwhile, the Nasdaq fell 2.43% Friday.

Most analysts blamed the plunge on fear of an all-out trade war between the US and China. But the Federal Reserve rate hike on Wednesday also likely played a part in the stock market decline. The markets don’t like the prospect of having their easy-money punch bowl taken away.

So, could we be on the verge of a gold breakout as stocks break down?

In his latest podcast, Peter Schiff said he believes we are already in a bear market. Technically, analysts don’t start talking bears until the stock market declines 20%. But as Peter pointed out, you have to drop 10% before you get to 20.

So, if this is a bear market, if we ultimately go down by more than 20%, then this is the bear market right now. It’s only a correction if it doesn’t turn into a bear market. But if it becomes a bear market, it’s been a bear market the entire time, and I think we are in a bear market now.”

The mainstream analysts continue to assure us that everything is fine. The fundamentals haven’t change. Peter said in a sense, they’re right.

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Andrew Maguire: “The Jig Is Up For The Dollar” – Paper Gold Markets Have Leverage 1,000 to 1 – Price Reset Coming for Gold (Video)

“The Jig Is Up For The Dollar” – Andrew Maguire:

Will physical gold and silver prices ever break free of manipulation and price suppression?

Renowned gold expert Andrew Maguire with Tom Coughlin, who is CEO of Kinesis that will be rolling out a gold backed currency in the fall, both say yes.  So, what is it about?  Coughlin explains, “It’s actually classified as a monetary system, and it’s called Kinesis.  The reason we call it Kinesis is that it actually stimulates the flow of money.  We see this as reintroducing the gold and silver standard through this monetary system.”

Maguire says there will be actual precious metal backing it up. Maguire says,

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There Was A Major Reset Of Gold, But Nobody Is Talking About It: Lynette Zang (Video)

H/t reader eric:

“Fascinating.
She’s convinced cryptos are bankster created. They are pushing people to go there.”

I’ve warned many times that the grid is predicted to go down (and it will go down!) and that we will be living in 1850 for quite some time!!!

There will be no cryptos around by then.

People will fight over the last piece of dry bread in the street.

I knew we would have to face and live through these coming terrible times and I am continuously preparing for what is coming.

I’ve set up this website in 2008 to warn you about what is coming and to help all of you to get prepared as well.

Next up: Planned financial/economic collapse & hyperinflation > planned all-out civil war in the US and Europe > planned WW3…

The Prophecies Of Alois Irlmaier – The Roadmap To WW3 – The 3 Days Of Darkness (Worse Than WW3)

Albert Pike Predicted Three World Wars In 1871

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Russia Is Hoarding Gold At The Fastest Pace In 12 Years

Russia Is Hoarding Gold At The Fastest Pace In 12 Years:

Russia is adding gold to its reserves at the fastest pace in 12 years …and dumping US Treasuries at the fastest pace since 2011.

The Central Bank of Russia (CBR) has been increasing its holdings of gold every month since March 2015. The country is currently the sixth-largest gold owner after the United States, Germany, Italy, France and China.

According to the CBR, gold reserves spiked to $455.2 billion between March 2 and 9 hitting a historic high not seen since September 2014.

“Our international reserves increased by $2.9 billion or 0.6 percent in a single week, mainly on the strength of positive re-evaluation,” said the regulator.

According to World Gold Council data, last year the CBR became a world leader in stockpiling gold.

The bank has more than doubled the pace of its gold purchases, statistics showed. It has been increasing Russia’s gold reserves to meet the goal set by President Vladimir Putin to make it less vulnerable to geopolitical risks. The Russian gold cache has increased by more than 500 percent since 2000.

And while the Russian central bank is buying gold with both hands and feet, it is dumping US Treasuries at the fastest pace for a January since 2011…

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Russian Plane Loses 3 Tons of Gold on Takeoff

Russian Plane Loses 3 Tons of Gold on Takeoff:

In the west there is “helicopter money.” In Russia, they do “airplane gold.”

Gems, precious metals and diamonds worth hundreds of millions rained over Russia’s coldest region when a Russian plane with ten tons of gold, platinum and diamonds lost a significant part of its cargo upon taking off from an airport in the Russian region of Yakutsk, famous for its rich natural resources and diamond deposits.

The precious rain then continued as the aircraft gained height.

The Nimbus Airlines AN-12 cargo plane hit problems during takeoff, resulting in a breach in the hull that allowed its precious cargo to fall all over the runway.

H/t reader eric:

“Whoops!

Now that IS funny.”

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AND NOW: Larry Kudlow: “I Would Buy The Dollar And Sell Gold”

Absolutely brilliant!!!

Oh, what was Kudlow’s religion again?

Larry Kudlow: “I Would Buy The Dollar And Sell Gold”:

Hours after accepting President Trump’s offer to become the new director of the President’s National Economic Council, CNBC personality Larry Kudlow returned to his old stomping ground Wednesday afternoon to answer a series of softball questions lazily lobbed by his (soon-to-be-former) colleagues.

About mid-way through the interview, Kudlow was asked about Trump’s views on the dollar. Followers of currency markets will remember the burst of volatility that Treasury Secretary Steven Mnuchin accidentally unleashed when he appeared to disavow the US’s longstanding commitment to its “strong dollar” policy.

His response? “I have no reason to believe the president doesn’t support a strong, stable dollar.”

The dollar clawed back losses in the afternoon after subdued inflation data, comments from Mario Draghi and the continuing fallout from the abrupt firing of Rex Tillerson forced it lower earlier in the session. It’s unclear how much of an impact Kudlow’s comments had on the dollar. CNBC noted that, typically, commenting on the dollar is typically delegated to the Treasury Secretary.

“I’m not saying the dollar has to go up 30 percent, I’m just saying let the rest of the world know that we are going to keep the world’s international reserve currency steady,” Kudlow added. “That creates confidence at home.”

He later drove his point home by saying he would buy the dollar and sell gold.

So far that’s not been a great trade, Larry

Throughout the interview, Kudlow adhered to the Trump policy playbook.

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It’s Not A “Conspiracy Theory”: Here’s How Central Banks Actively Suppress The Price Of Gold

It’s Not A “Conspiracy Theory”: Here’s How Central Banks Actively Suppress The Price Of Gold:

“And the point of fact is we don’t know the difference. We don’t know how much gold has ever been swapped out. And how much gold remains. Because nobody has ever been required to make a distinction there.”

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World Bank Whistleblower Karen Hudes: “All This Talk About Release The Memo Is A Red Herring. Donald Trump Is Merely A Big Actor, An Agent Of The Banking Cartel.” (Video)

*****

Trump, like the Clinton’s, the Bush’s, Obama, Merkel, May, Cameron, Blair, Macron, Hollande, Sarkozy Putin and Xi Jinping, is a Freemason and an elite puppet.

George Soros serves the Rothschilds and the Rothschilds are the founders of Israel.

Trump is nothing but a Rothschild/Illuminati puppet.

Why Did George Soros Forgive Donald Trump As Much As $312 MILLION In Debt For No Apparent Reason?

JARED KUSHNER DIDN’T DISCLOSE BUSINESS TIES TO SOROS, THIEL, AND GOLDMAN SACHS, OR THAT HE OWES $1 BILLION IN LOANS

Ivanka Trump’s women entrepreneurs fund takes $100 MILLION from Saudi Arabia and United Arab Emirates (If you know that the Saudis belong to the Khazarian mafia, then it all does make sense.)

Ivanka Trump and Jared Kushner Visit Lubavitcher Rabbi’s (Founder Of The Chabad Movement) Grave for Pre-Election Blessing (Video)

Donald Trump, Chabad-Lubavitch Anerdd The Oligarchs

Slate: “Jared’s Not So Sure He Can Bring Peace to the Middle East. Thank God.” – Maybe Kushner, who owns the 666 Fifth Avenue building in NYC and belongs to Jewish supremacist doomsday cult, does NOT want to bring peace?

The Jewish Supremacist Doomsday Cult That Connects Trump and Putin — Chabadniks And Zionists Are 9/11 “Perpetraitors”

Saudi King Shah Salman gifts items to Trump worth $1.2 BILLION (If you know that the Saudis belong to the Khazarian mafia, then it all does make sense.)

There is Something Very Strange about This Man! (Jared Kushner) – (Video)

Kushners Belong to Jewish Supremacist Doomsday Cult – #WW3

GEORGE SOROS GAVE JARED KUSHNER $259 MILLION CREDIT

David Icke: President Two Mouths – “Trump Is 100% Owned By Israel” (Video)

Donald Trump Pals Around with George Soros:

Trump actually spent Christmas Eve with George Soros in 2009, according to the New York Post.

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Doug Casey on Why Gold Could Go “Hyperbolic”

Doug Casey on Why Gold Could Go “Hyperbolic”:

Justin’s note: Volatility has come storming back.

Just look at the CBOE Volatility Index (VIX), which measures how volatile investors expect the market to be over the next 30 days.

It’s up 89% since the start of the year. Last week, it hit the highest level since 2016.

Investors aren’t used to this. After all, last year was the least volatile year ever for U.S. stocks. That lulled many investors to sleep. It led them to take risks they would normally never take.

Now, those same people are wondering what to do. They aren’t sure if this is just a run-of-the-mill pullback…or the start of something much worse.

To help answer this question, I called up Doug Casey. I knew he would have an interesting take on this matter…

*****

Justin: Doug, U.S. stocks took a beating recently. Where do you see things going from here?

Doug: Well, I hate to make a firm prediction of timing. The fact that things have held together, against all odds, since 2009, has underlined the old saying about just because something is inevitable doesn’t mean it’s imminent. Predictions of disaster, and all these things unwinding, have been wrong over the last half a decade. And the smart bet is always for muddling through, in the direction of progress. But it seems that we’ve finally reached a peak, a major turning point.

Justin: So, what have you done to protect your wealth?

Doug: At the beginning of the year, I took all my original capital out of cryptos, plus 150% profits. I also took profits on crypto stocks. I got in late, and out a bit late. But it was a happy experience.

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Peter Schiff Warns “They’ve Got No More Tricks Up Their Sleeves”

Continue to prepare for the greatest financial/economic collapse in world history,…

…because it’s coming.

Peter Schiff Warns “They’ve Got No More Tricks Up Their Sleeves”:

Peter Schiff recently attended the Vancouver Resource Investment Conference. While he was there, he did an interview with Daniela Cambone of Kitco News and Schiff said gold is going to soar.

But Schiff (who predicted the 2008 recession) also explains why he believes now may be a good opportunity to invest in physical gold.  Schiff said that the standard sentiment shared by many is that once the Federal Reserve jacks up interest rates, gold will stay level and unaffected.  But that didn’t happen. Schiff said that the yellow metal has surprised the initial expectations that it would fall when the Fed raised rates; gold has climbed 9% since the Fed hiked last month.

Gold has not really rallied. It’s been going up, right? But it’s been creeping higher. Now, everybody expected it to fall. Everybody believed that as soon as the Fed hiked rates, gold’s gonna tank. And it didn’t tank. It rallied. -Peter Schiff

Investors tend to sell the rumor of rate hikes and buy the fact when in reality, the higher interest rates are not bearish for gold. But as Peter points out, that mindset still exists in the market.

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Whistleblower claims accountants turned a blind eye to Dubai firm he says painted 5 tons of gold to look like silver

Whistleblower claims accountants turned a blind eye to Dubai firm he says painted 5 tons of gold to look like silver:

  • An E&Y whistleblower claims his former employer is guilty of suppressing information about money laundering and other wrongdoing in its audit of a Dubai gold company.
  • Amjad Rihan is suing his former employer and has accused E&Y of continuing to work with Kaloti group after he blew the whistle in 2014.
  • Kaloti group is accused of painting gold bars silver to avoid export restrictions and of doing business with organisations listed by US authorities as fronts for terrorism and organised crime, according to documents filed in the high court.
  • E&Y and Kaloti group have denied any wrongdoing.

LONDON — Big Four consulting firm Ernst & Young (E&Y) has been accused of “unlawful, unprofessional, and unethical” behaviour relating to its audit of a Dubai gold company accused of money laundering and buying gold from conflict zones.

The allegations were made in documents, seen by the Guardian, filed in the high court by lawyers acting for Amjad Rihan, a former E&Y partner who blew the whistle on the alleged scandal in 2014.

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Brinks Reports Mysterious $11 Million Gold Shipment Heist

Brinks Reports Mysterious $11 Million Gold Shipment Heist:

Over the past year, we reported several brazen, and very significant, gold thefts, usually occurring in broad daylight, among which”

None of these however compare to what Security logistics and precious metals vaulting company Brinks reported after hours, when it announced that it would incur an $11 million charge as a result of a theft of an international gold shipment in December.

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The 2018 Stock Market Bubble vs. Gold & Silver

The 2018 Stock Market Bubble vs. Gold & Silver:

The U.S. Stock Market is reaching its biggest bubble in history.  When the price of the Dow Jones Index only moves in one direction… UP, it is setting up for one heck of a crash.  While market corrections aren’t fun for investors’ portfolios, they are NECESSARY.  However, it seems that corrections are no longer allowed to take place because if they did, then the tremendous leverage in the market might turn a normal correction into panic selling and a meltdown on the exchanges.

So, we continue to see the Dow Jones Index hit new record highs, as it moved up 765 points since the beginning of the year.  Now, if w go back to 1981 when the Dow was trading about 800 points, it took five years to double itself by another 800 points.  However, the Dow Jones Index just added 765 points in less than two weeks.  It doesn’t matter if the (1) point increase in the Dow Jones today is insignificant compared to a (1) point increase in 1981, investors feel rich when the numbers are increasing in a BIG WAY.

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