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Bullion News

Bullion News Review: Sep 7th – 13th, 2020

In this weeks news, the economy is set to ignite as gold prices are in danger. Also touching on inflation hungry banks and the affect it has on gold.

Inflation Hungry Banks & Unlimited Money Printing: DOW 50,000 & Gold $50,000 USD

The chiefs of the biggest central banks speaking with one voice as there is no denying the high inflation within the economy. Inflation is already here but it has yet to show up in prices. But the central bank knows what’s coming… it’s investable that the 30% or $6 trillion increase in CB assets this year will have a major inflationary effect.

ECB to inject more monetary stimulus to ensure inflation. Bank of England has ample fire power to support UK economy…… and not tighten monetary policy until inflation returns

So how does inflation relate to the number one wealth preservation asset in the world- gold?
Gold can move up more than 25x to $50,000 and the Dow doubling to 50,000. Sounds very plausible to us.

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Expected “Coup” In The U.S As America Approaches It’s “Weirmar Moment”

Multi-billionaire Hugo Salinas Price has established that the US is approaching its “Weimar moment” – when printing more dollars by the trillions it’s becoming more resourceful keep its airplanes flying when practically all the motors have been turned off. As a result of the

As a result of an political and economic crisis, the U.S. military will stage a “coup” at some point, with “Wall Street” ‘s approval, which often seeks stability.

The only reason that the world has not already ‘gone back to gold as money’ has been the objection to this measure, on the part of the US, which has insisted on maintaining the irredeemable Dollar as the world’s leading currency.

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Terrifying Dangers Facing To Possibly Ignite The Gold Price To $20,000USD

USGS was asked to provide a descriptive listing of the commodities most critical to vital industries. It had identified 20 such commodities, without which these sectors could not function.

The question is how dependent are we on other countries for essential commodities? We’re extremely dependent as there are six additional commodities for which we import 100% of our needs.

Yes, the dollar would likely fall dramatically, and inflation would likely surge . For gold aficionados, the bottom line is that gold is going a lot higher, to $20,000 and beyond. Depending on its choices going forward, the U.S. may end in a better or worse place than otherwise. But regardless, gold investors will end up way way ahead

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KJC Team

The Blog Team at KJC Coins Australia strives to bring you the latest happenings in the bullion market, new releases in numismatic and bullion products and in depth tips & tricks of the trade in a creative & easily digestible way. Keep up to date with us - we're only just getting started!
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