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Gold Price Surges As Chinese Analysts Suggest Denominating Trade in Gold In Conflict With U.S.


Once again, our reporting has been spot on…

We’ve been warning about the rise of the BRICS nations, the fall of the US Dollar, and the likelihood that gold will become not just a safe-haven but a booming investment.

Well, here you go…

Gold prices surged to $1,981.42 at the end of last week, nearing the all-time high:

You don’t have to be a Harvard-trained economist to understand that chart!

BOOM!

This comes as Chinese analysts looked at how the U.S. implemented sanctions on Russia after the Ukraine conflict — and said gold could be a way to insulate China from the effects of U.S. sanctions.

Reuters reported:

In a war with the U.S. over Taiwan, China would need to create a global network of companies under U.S. sanctions, seize American assets within its borders, and issue gold-denominated bonds, according to Chinese government-affiliated researchers studying the Western response to Russia after its invasion of Ukraine . . .

. . . Sun Xiaotao, a CCIEE researcher, published an article in February that argues China should push for more gold-denominated trade to prevent major fluctuations of the yuan – echoing the Russian central bank’s decision to increase its gold reserves by one million ounces since the Ukraine war began.

Should China denominate trade in gold, that would be a game-changer for the U.S. dollar and the price of gold.

And it isn’t just foreign countries who are moving to hold more gold — many Americans with retirement accounts are doing the same thing.

In fact, so many Americans are moving retirement accounts to precious metals that some companies have had a hard time keeping up with demand.

Genesis Gold Group a faith-driven precious metals company, has been able to keep up with demand because their executives anticipated the surge and have leveraged their relationships to seamlessly keep the flow of wealth going into their customers’ depositories.

Plus, by rolling over any of the various types of retirement accounts their customers currently have, Genesis Gold Group has simplified the process of securing the life’s savings of countless Americans.

This isn’t “paper” or “virtual” gold or silver; Genesis Gold Group customers can physically see their precious metals at their convenience. And when it comes time to take a disbursement, they can convert to cash or have their precious metals shipped directly to their homes.

Click here to reach out today through genesiswlt.com.

Genesis Gold Group was given 5 stars by reviewers on the Better Business Bureau website. Here is what some of them say:

“With the downward turn in the market, I have been wanting to transfer my IRA to gold/precious metals. I am so happy that I came across Genesis Gold Group. They made the process seamless . . . They have knowledge, care, and patience with newbies, like me. They kept me informed along the way and reached out several times to see if I had any questions or concerns. I highly recommend them to anyone interested in investing in precious metals.”

“They made it so easy to transfer part of the funds out of my company 401K to set up a precious metals IRA. Everyone I’ve dealt with there is friendly and knowledgeable.”

“The people at Genesis Gold Group have been very helpful to get my 401k from stocks and bonds to silver coins on deposit. They are patient and explained each step and answered my numerous questions along the way.”

If you have wealth or retirement that you want to protect with physical precious metals backing a self-directed IRA:

==>Click here to contact Genesis Gold Group today and receive a free Definitive Gold Guide and learn more about protecting your life’s savings from the various threats we’re facing today.

Oh, and did you know Genesis is recommended by SUPERMAN himself?

It’s true.

Watch here:

Stay safe!

Make sure you can weather the storm when it hits!

Because the storm always hits eventually, doesn’t it?

As for me and my house, we will be ready. 💪

Note: The information provided by WLTReport or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice. WLTReport benefits from purchases made through our trusted partners.

Here’s even more…

Bob Kudla: “We’re Seeing Massive Spikes In Gold Dark Pools!”

I keep warning you about the U.S. Dollar and keep telling you it might be time to follow the Big Boys (central banks, bankers) and buy Gold!

That’s not just my opinion though….

I’ve warned you….

Bo Polny has warned you…

Heck even the Central Banks have warned you (watch what they DO, not what they SAY):

https://wltreport.com/2023/10/03/singapore-central-bank-cant-stop-buying-gold/

But now I want to show you a new clip from Bob Kudla.

You might recognize him if you watch SGT Report.

He’s one of my favorite guests over there.

Super smart and always very level headed.

Here’s a short bio:

 

Bob Kudla is the founder and chief strategist of Trade Genius Academy, a platform dedicated to educating individuals on the intricacies of trading in both cryptocurrency and stock markets. With a keen understanding of market trends and a passion for financial education, Bob has been instrumental in guiding thousands of students towards achieving their trading goals. His insights into market movements, coupled with a pragmatic approach to trading, have made Trade Genius Academy a go-to resource for many aspiring and seasoned traders. In addition to his educational endeavors, Bob is a frequent speaker at trading seminars and has contributed to various financial publications, sharing his expertise and predictions on market directions.

He was on SGT Report this week and one question especially caught my attention….

After discussing the stock market and crypto markets, Sean asks Bob:  “Where are you personally putting your money right now?”

I thought it was such a good question and I wanted to share the answer with you.

Watch here:

And if you want to see that entire interview, you can watch it here:

So there you go!

Folks, I’m not a financial advisor and I can’t tell you what to do with your money…

I can only tell you what I’m doing and I can report on what the experts are saying.

And you just got one more expert who said “Gold and Silver”.

Probably not unsurprising considering Gold has recently been reclassified as a Tier 1 “Risk Free” asset.

Have you seen that?

Gold Now Classified As A “TIER 1 RISK FREE” Asset — Here’s Why That’s A Big Deal!

It shouldn't come as any surprise then that Gold is selling out "within hours" of being stocked at Costco...

By the way, keep reading and I can get you connected with someone who has MUCH BETTER prices than Costco for gold and silver...

From Breitbart:

Costco is apparently selling gold bars that consumers are snapping up at a record pace.

On Wednesday, CNBC described the gold bars as one-ounce gold PAMP Suisse Lady Fortuna Veriscan bars. They were reportedly being sold for approximately $1,900, the outlet said.

Costco’s chief financial officer, Richard Galanti, said Tuesday during the company’s quarterly earnings call that the bars were selling fast.

“I’ve gotten a couple of calls that people have seen online that we’ve been selling 1 ounce gold bars. Yes, but when we load them on the site, they’re typically gone within a few hours, and we limit two per member,” he commented.

When Breitbart News searched the Costco website Thursday morning, the company had listed the gold bars as a “Member Only Item,” and buyers must sign into their accounts to view the price:

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.

And make sure you get a BETTER PRICE than what you can find at Costco....good news is I can help you with that!

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

Oh....and they're VERY good at what they do.

You also get physical gold and silver with Genesis, believe it or not!  The gold and silver is purchased for you (in whatever combination of coins and bars you prefer, a picture taken and sent to you, and then stored safely in a vault for you!

I love what these guys are doing.

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!

And if you've never seen MY chat with Dean Cain, we had a total blast!

Watch here:

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