Gold Revaluation
Currently there are 128 paper contracts for every ounce of physical gold. As Glenn Beck points out, some entity in the US is reshoring our (and hopefully more) physical gold. While it is harsh, the corollary that he does not point out is that Europe is the big loser when the gold contracts are called in. It does not matter if it is a shorted stock or a gold (silver) contract, when the contracts come due, they will have to pay any price to cover your position or go bankrupt. Gold and silver will skyrocket in price as the USD is devalued to reduce our nation’s debt.
Multiply this memorable clip from Trading Places by hundreds of banks, multiple nations and untold individuals:
The machines will not be turned back on. The faux Biden administration was the culmination of Obama’s dream of destroying Western colonialism (civilization). What part George Soros and his son played in this implementation of the Cloward-Piven strategy may never be known.
Usually, this type of financial collapse brings war on a large scale. In this case, Europe is just a dead union walking into oblivion:
- European countries cannot cover their debts.
- They have allowed USAID to send millions of African and Muslim invaders into their countries who have crippled their economies with entitlements and destroyed their security with crime.
- I doubt that any European country can consider going to war as an option with NATO collapsing. They have nothing left to fight a war for prosperity since most of their materiel was sent to their manufactured war in Ukraine.
- Nationalism has been vilified in all Western nations as part of their planned destruction. Never forget how they marginalized the MAGA movement as if wanting to live in a great country was evil. But Europeans are thrown into prison for promoting nationalism.
- European countries have only one option left: civil wars to overthrow their selected leaders. Unfortunately for them, they do not have our second amendment and they will still be bankrupt when the dust settles.
Recession will be the buzzword this week to attack the Trump administration. The so called “Greater Depression” may be in our future but our people do not have the life skills to survive as our great grandparents and grandparents had. As I have said in the past, I will raise the Deep State’s recession with a depression if that is the pathway to freedom.
David DeGerolamo
Source: https://ncrenegade.com/gold-revaluation/
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