How Europe Equalizing Their Gold Holdings Paves The Way For Reset

Take care, and thanks for watching!

Parallel Mike

[caseyrindal]

Thanks Mike. Way under rated channel.

[Mauitaoist]

A lot of us have been saying this a long time and it seemed like insanity until recently Suddenly It's all starting to make sense and become clear

[angry-white-men]

The longer it takes them to revalue gold, the higher they will need to revalue the gold price because the debt is now exponential and going up by trillions each year. If they wait another 4-5 years they will have to revalue gold to $100k, so they better get on with it then and move quick instead of beating around the bush.

[Mikeskibc]

Canadian here, they will definitely tell us to hand in the gold. As Mike said in an earlier podcast they already made it a law years ago and they can call it in whenever they want

[cartersimmons]

This was fantastic and comprehensive, I really appreciate it.

[juliettegoudreau]

Great analysis and very helpful visuals as well Mike.
🍎👩🏼‍🌾🍎

[robburton]

Thanks for another great video Mike. Question, where do you see Silver in a Gold revaluation scenario?

Thanks

[labellavita]

Thank you, Mike. Question: how would this re-evaluation of gold affect silver? Thank you.

[pnola]

Great job Mike! Your presentation pulled everything together with salient conclusions! Always thought provoking.
Revaluation of Gold to $40, 000-Fundamental Value

[desartster]

That is one sure fire way to take gold out of the reach of the middle class. Make it totally unaffordium. Making sure that everyone but the rich are tied to the new system. I think Luke Gromen and Ray Dalio both say around the 40-40k mark but use different methods M1/M2 etc. Anyone on the right side of this may build dynastic But, I'm sure they will try to force a tokenisation of assets and that way screw anyone who profits, these entities are truly evil.

[bef]

Jim Sinclair said $50, 000 Offer, $50, 000 Bid

[dhagos]

Canada has gold in the ground so we'll do ok.

[habyalexandru]

Get curency out of the Bank Buy gold and silver and food

[pnola]

Preserve your purchasing power by placing a predetermined percentage of monthly income into metals. It’s not a wealth building play, it is an action to simply preserve purchasing power when the shift occurs.

[GlennRobert-ixdj]

Do not see one country buying Bitcoin ( digital air -can not access when power goes out ) . Purchased gold buffalo in 2021 for $1562 . retail . Will pay me $2760 . Wholesale and I hold it in my hand and can go anywhere in the world to use it . If you do not hold it you do not own it . Am my own bank holding gold & silver . Can sleep at night .

[MGTOWTheRationalMensClub]

With current debt of 36 trillion If US is forced to revalue its claimed 8300 tones (260 million ounces) of gold they will have to revalue gold to 138, 460 $ per ounce to achieve debt : gold ratio of 100 %

[thewildgoose]

Great video which makes a lot of sense. Unfortunately I live in Ireland which doesn't have a 4% gold to GDP ratio.
We have the 3rd highest per capita debt rate in the world at around $70, 000 per person (behind Japan and US)
And because we have politicians thicker than two short planks our current gold to GDP ratio
That's right, our total gold reserves are a tons. Wow!

[impermanenthuman]

Some of those countries who hold low amounts of gold have very large amounts in their mines

[adamthompson]

Thank you, Mike! Always enriched by your posts. Qs, "Considering the historic average of the Gold to Silver ratio, what would happen to Silver in this scenario if Gold did indeed climb to 40k per/oz?" "Could this relate to why some nations (ie India) are storing up large volumes of Silver also?"

[Boyeaton]

I understand that the artificial (silver) paper contracts are 400/450:1 . Would that mean that in effect, silver is worth 400+ X's it's value?
If Gold was revalued to $40k/oz and Gold/Silver ratio went back to even 1:10, Silver would be 4k/oz. They aren't going to allow the pleb to become a millionaire overnight IMO, although it would only be a small amount of people in the scale of things