Here’s Why Banks Are Buying Up All of the Gold

Heads up folks…

I’ve got a fascinating one for you.

I’ve got Jordan Peterson and Peter Schiff in a fascinating conversation about the Value of Gold.

And it’s not just some academic debate.

This could very soon be one of the most important things in your world when the U.S. Dollar crashes and gets its value cut in half….or worse.

These guys know what they’re talking about and this short 8 minute clip is definitely worth your time to watch.

I always say this: don’t listen to what the “Elites” tell you….watch what they are DOING.

And what are they doing?

Stacking gold and silver.

As much as they can get their hands on.

Look, I hope I’m wrong but I think we’re in for a massive event that is going to destroy bank accounts and destroy the U.S. Dollar.

So what happens to YOU when that happens?

Watch this and then scroll down for how I can help you stay safe right now….

Watch:

For those who can’t listen, here’s the transcript:

one of the reasons that people are so
arrogant particularly in America that
the dollar status is not in jeopardy and
so that we can keep on running these
huge deficits we can create keep on
creating inflation and the world’s got
no choice right but to stick with the
dollar because are they going to go to
the euro are they going to go to the Yen
you know the pound

I mean they’re
winning B I agree all of those
currencies also have problems
and so do you really want to switch from
one flawed fiat currency to another even
if those other Fiat currencies may be
less flawed than the dollar right

do you really want to make that shift I
don’t think that that’s what’s going to
happen what everybody is missing is that
there is an alternative
to the dollar that doesn’t involve
another fiat currency and that’s gold

that is real money everybody forgets
that for thousands of years gold was
money it was money because it worked now
over the course of time uh we had paper
currencies that would rise and fall I
mean hundreds of years ago they were
paper currencies that are now worthless
and you don’t even know their names

you
know they come and go but gold has has
stayed you know gold works as money and
so I think what these central banks are
going to do is as they get out of
dollars they will just increase their
Holdings of gold gold will be the
monetary anchor gold will be the reserve
monetary asset just the way it was
before the dollar it wasn’t the British
pound

I mean the British pound was a
dominant currency but gold was what
everybody owned the British back to
pounds do you see any do you see any
evidence that some of these alternate
currencies are starting to back their
currency claims with gold oh yeah you
can what’s happening on the central
banks are now buying more gold than
they’ve bought in in in decades

especially a lot of the uh you know the
Emerging Market countries not even maybe
so much the United States isn’t buying
any gold and maybe you know some of the
more mature uh countries but a lot of
other countries that had predominantly
held dollars and then to a lower degree
Euros or Yen or pounds these countries
are increasingly buying gold that’s why
gold is at a record high

I mean Gold’s
around two thousand dollars an ounce but
in terms of just about every other
currency on the planet gold has been
hitting all-time record highs uh and
again that’s not really gold going up
that’s all these Fiat currencies going
down but what are the reasons that
countries would want gold as opposed to
the dollar is the US government doesn’t
have any control over it

you know gold
is an asset that’s not also somebody
else’s liability and nobody could create
it you have to mine it no one country
you know has the advantage so you know
why would you want to take away
uh that that privilege that the United
States has and just bestow it on
somebody else who is going to abuse it
the same way

I mean the United States
abused that privilege that we had and we
we we exported all this inflation to the
world we took advantage of the this the
position that we were in uh so why would
you want to put another nation in in a
position to similarly take advantage of
the world it’s much better to go back to
to honest money and again

even when we
were on Bretton Woods before you know
1971 and we were on the dollar standard
it was because the dollar was backed by
gold again if you held dollars you held
gold that’s where the saying came from
the dollar is as good as gold in fact
the legal definition of a dollar is a is
a weight of gold that’s what a dollar is
dollars are gold the the the paper
currency that circulated Federal Reserve
notes are not dollars they are notes of
the Federal Reserve

initially the those
Federal Reserve notes were payable in
dollars the dollars were the gold that
the Federal Reserve notes paid because
if you think about what a note is a note
is a promise to pay something a Federal
Reserve Note is supposed to pay
something well what did it pay it paid
gold it paid dollars today Federal
Reserve notes pay nothing their ious
nothing the Federal Reserve is not
obligated to give you anything I mean if
you have a ten dollar bill okay so
people people might object and they and
they have

that well gold is just another arbitrary
standard of value it has some intrinsic
worth it’s useful for jewelry it’s
useful for certain industrial
applications but it’s just another
psychologically valuable currency
without any intrinsic value and so it
shouldn’t be a repository of value in
principle that’s any more stable than
let’s say a well-managed or even a badly
managed fiat currency and so what do you
what do you why is it that gold has
proved itself let’s say over centuries
or Millennia as a storehouse of value
what is it about gold
intrinsically let’s say that seems to
have given it that edge the idea that
gold doesn’t have any intrinsic value is
just pure nonsense

it’s obviously
politicians have a vested interest in in
trying to diminish gold as a monetary
alternative to the Fiat system and even
now you have a lot out of cryptocurrency
enthusiasts who say the same thing well
you know gold has no value because they
want to justify something like Bitcoin
which also has no value and say well
gold worked as money and it has no value

so so Bitcoin could work well it’s not
true that gold has no value gold is the
most valuable the most useful metal on
the periodic table gold became money
because it was such a valuable commodity
but gold has a lot of properties that
make it uniquely qualified to be money
more so than than other Commodities
that’s why gold was so successful over
the centuries as money because people
preferred to use it as money it wasn’t
governments that decided gold is going
to be money
the people decided that gold was going
to be money and once the people decided
that gold was going to be money if you
were a king you know well you would tax
people in Gold because if you wanted to
pay your soldiers to protect you your
soldiers wanted gold right so it was the
money created in the free market and it
beat out all other forms of money
because gold you know a gold coin uh all
they’re all all the same

you could melt
gold down and you can make it into coins
uh it’s fungible it’s portable it’s
divisible but the other aspect of goal
that is the key you can save gold
because if I have an ounce of gold in
100 years in a thousand years it’s
exactly the same it doesn’t lose any of
its properties and in fact even if I
take my gold and I make you know I make
a ring out of it or I I use it to make a
watch right

you can melt this ring down and you get
your gold back and it’s exactly the way
it was you could do something else with
it there’s really no other metal you can
keep using it over and over and over
again I mean they fill teeth with gold
if you find somebody buried in the
ground you know you could take their
fillings and you know the Gold’s still
there you know there treasure ships from
the 1400s 1500s they sink if they
recover the wreckage the only thing
that’s still there is the goal it’s an
it looks exactly the way it looked when
the sink when the ship sank 500 years
ago so from a point of savings because
money has to satisfy three primary
conditions two of them are a unit of
account an immediate exchange but the
third one is the store value
and that’s important

because it’s also makes it possible to
do loans that I can borrow money you can
lend money and you can be repaid and you
know that the money that you’re going to
get repaid is going to retain its value
and so that’s something that gold that
gold does better than than other metals
but

the value of gold even if I’m not
using my gold today as a metal let’s say
I have gold stored in a safe and you say
well you know you’re not using it for
anything that’s true but I’m preserving
the future use of that gold
somebody in the future is going to need
that gold and so I’m storing it right
now

because you know there are more uses for
gold that are discovered all the time
because of its very unique properties
I’m sure in a hundred years or a
thousand years
there will be more uses for gold than
there are now

So, what can YOU do to protect yourself?

To protect your family?

To stay safe?

Simple: you need to get some #Gold or #Silver in your own possession.

It’s called “physical” gold and silver.

Not paper traded garbage on the stock exchanges that isn’t backed by anything.

Don’t touch that stuff.

I have two special hook-ups for you.

Both involve PHYSICAL gold and silver.

Because if you do NOTHING else, make sure you own “physical” gold and silver, not paper contracts.

The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they’re not actually backed by the gold and silver they claim to represent.

It’s a massive game of musical chairs out there and when the music stops (and I think it will stop soon…) people who only own paper might find themselves owning something not worth the paper it’s literally written on.

And I know you’ll never forget it if I give you this GIF so….Let’s Get Physical:

Now…WHERE do you get physical gold and silver and how do you know it’s real and safe?

And that you’re getting the best price?

Oh, and how about personal one-on-one real customer service?

You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?

That’s what I’m about to tell you.  

I have two killer connections for you…

The first is for purchasing gold and silver bullion.

That means bulk bars.

That’s the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.

The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you’ll know you’re in the right place.

You’ll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.

How about that!

You don’t see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:

No sales pitch, just real, actual help.

And the best prices you will find.

Here’s the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back.  Just be patient.

Good things come to those who wait!

You can contact Ira and WLT Precious Metals here.

Ok, that was #1.

Now I want to tell you about option #2.

An equally great company, I am so happy to be working with these guys.

This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).

You know what the beauty of that is?

TAX FREE baby!

I’m not a tax advisor, but that’s a general oversimplification.

Never pay more taxes than you are legally required to pay.

And that’s why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).

There’s so much to love about Genesis Gold, starting with the fact they are proudly and un-ashamedly Christina!

They call it “Faith-Driven Stewardship” and they put it right on the homepage of their website along with a quote from Ezekiel:

Wealth Preservation With Gold & Silver –
The Genesis Gold IRA

By your wisdom and your understanding you have made wealth for yourself, and have gathered Gold and Silver into your treasuries – EZEKIEL 28:4

Genesis Gold Group believes the Bible gives clues on how man-made currencies (paper money) represent instability, and a lack of virtue and encourages living wastefully in excess.

Conflicts have beleaguered us since the dawn of civilization, and they can all be encapsulated into one battle. The battle is between currency, man-made paper, and gold and silver — the two precious metals found in our Earth’s crust, sent to us by our Lord to use as money. Man-made currency always leads nations down the path to increased war, greed, and ultimate collapse. History has shown that abandoning gold and silver has always been a bad idea. Gold and Silver enforce discipline, nurture self-constraint, self-reliance, and balance, and lead to confidence, a restrained government, and a more stable foreign policy.

Genesis Gold Group believes in empowering faith-driven stewardship with Gold & Silver are an integral part of a balanced portfolio. Protecting your finances with precious metals has never been more crucial during these trying times.

With a combined 50-plus years in the precious metals industry, let your Genesis gold and silver experts guide you through the simplicity of asset protection and growth with our Genesis Gold IRA.

Sincerely,

Genesis Gold Group

Empowering Faith-Driven Stewardship

Here’s more on why gold and silver in your IRA are so powerful:

You can contact Genesis Gold here.

They are also very backed up with record demand, so you may have to wait a bit, but someone WILL get in touch with you for personal customer service and assistance!

Tell ’em Noah sent ya!