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REVEALED: Best Investment During Inflation
Renowned economist and financial expert Jim Rickards has issued a stark warning to investors and savers alike, predicting a planned gold and silver crash that will have devastating consequences for the global economy.
Rickards, who has an impressive track record of accurately predicting major financial events, has raised the alarm about a coordinated effort by central banks and financial institutions to drive down the prices of precious metals such as gold and silver. In a recent interview, Rickards explained that this manipulation of gold and silver markets is part of a larger strategy to prop up fiat currencies and maintain the current financial system.
According to Rickards, the looming crash in gold and silver prices will have a catastrophic impact on savings and investments. As the value of gold and silver plummets, the purchasing power of these assets will erode, leaving individuals and institutions with significantly diminished wealth. Moreover, the ripple effects of this crash will extend beyond precious metals, leading to a broader economic downturn characterized by inflation, currency devaluation, and instability in financial markets.
Furthermore, Rickards has warned that this planned gold and silver crash is not a mere hypothetical scenario. Rather, it is a carefully orchestrated manipulation that has been in the works for some time. The actions of central banks and financial institutions have already started to bear fruit, as gold and silver prices have shown signs of weakness in recent months.
In light of this impending crisis, Rickards has urged investors to take proactive steps to protect their wealth. He has emphasized the importance of diversifying one’s portfolio with assets that have historically served as hedges against inflation and currency devaluation. In particular, Rickards has recommended allocating a portion of one’s wealth to physical gold and silver, as well as other hard assets such as real estate and commodities.
Additionally, Rickards has highlighted the need for individuals to educate themselves about the nature of the financial system and the ways in which it can be manipulated. By understanding the vulnerabilities of the current financial paradigm, individuals can better safeguard their savings and investments against the detrimental effects of market manipulation.
In conclusion, Jim Rickards’ warning about the planned gold and silver crash should serve as a wake-up call for investors and savers around the world. As the threat of a coordinated effort to drive down precious metal prices looms large, individuals must take proactive measures to protect their wealth and mitigate the potential fallout from this crisis. By diversifying their portfolios and staying informed about the machinations of the financial system, individuals can better position themselves to weather the storm that lies ahead.
wait, what's gonna happen in 2023? Are we just moving up the dates in that nugget?
When it gets to 300.00 an ounce like it was in the 70's, then I will be worried. Lol
I have to say Jim has been wrong the last 3 years. He said Gold was going to $10,000. Last time I looked barely over 1900.
Paying for things in "baseball cards and/or bottle caps" doesn't make those "currency", … it's call bartering.
This is a reposting this is not original He's been saying 3 months for the last 2 years