Gold Gives You Personal Sovereignty

2022-03-04

As part of the sanctions against Russia, seven Russian banks have been cut off from SWIFT.

We start by discussing what SWIFT is, and then the implications of completely cutting Russia out of SWIFT.

What is SWIFT and Why Russia is Being Excluded

SWIFT – The Society for Worldwide Interbank Financial Telecommunication is a messaging system that links more than 11,000 banks in 200 countries.

The system doesn’t move actual money between the banks but transmits messages between banks with instructions to settle transactions.

Additionally, this system is crucial to the international trade system – without it, countries wouldn’t be able to settle trade transactions between countries.

The bar charts in the graphic from the Wall Street Journal below illustrate the growth

2022-01-30

The ‘Fed put’ – gone until there’s blood in the streets

Well, it’s happening.  Bitcoin (and other cryptocurrencies are sharply down, along with equity markets in many advanced economies.

And the Federal Reserve (the U.S. Central Bank) statement and press conference on Wednesday didn’t indicate any backing down from raising interest rates, maybe as soon as the March meeting.

The Fed’s stance pivot from ‘the economy needs additional stimulus’ to ‘it is time to start tightening policy’ came at the end of 2021 when Fed officials changed their view that 40-year high readings on consumer price inflation was due to transitory factors and will subside on its own. 

Their new stance that high inflation is permanent and is what ensures tighter policy. The Fed has already started

2022-01-23

European Energy Crisis: 4 Reasons You MUST Know! European households are facing rising prices on many goods and services, but one particular standout is electricity and gas bills.

2022-01-09

Gold price fell to $1,808 an ounce in the wake of the release of the minutes of the December Federal Reserve meeting, having hit an intra-day high of $1,829. Silver price fell to $22.72 an ounce from an intra-day high of $23.26.

2021-11-30

Black Friday 2021 saw the largest stock market sell-off since 1931.

Is this the start of a bigger crash, has the trend changed or is this just a one-time blip?

We ask Gareth Soloway of InTheMoneyStocks.com what his charts are suggesting and why he is so bullish on gold

Watch the Video to Learn More

Make sure you don’t miss a single episode… Subscribe to our YouTube channel

Click Here to Download Your Copy Now

Inflation is EverywhereWatch Kevin Muir only on GoldCore TV

GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

26-11-2021 1809.80 1800.80 1358.44 1350.78 1604.75 1594.9725-11-2021 1790.65 1788.15 1343.88 1343.44 1595.83 1594.3124-11-2021 1790.80 1782.05 1339.70 1336.00 1596.50 1590.4823-11-2021 1797.30 1789.15 1344.02 1337.93 1595.82

2021-11-27

Do governments hate gold?  The answer: Yes — Governments hate gold because they cannot print it, and it is difficult for them to control.

2021-11-04

Gold and silver price actions have been the opposite of dramatic for months now, they have been boring. In the last 100 days, gold has moved sideways in the US$100 range between $1725 and $1825.