The Price Of Gold Is About To Skyrocket As We Enter The “Dark Years”

Egon von Greyerz continues: “So here we are on the “Eve of Destruction” when the fake measures that governments and central banks have taken have not saved the world, as the Keynesians believe, but instead created an even bigger bubble that is now about to burst. Curing a sick world by the same means that created the disease in the first place was always bound to fail.

Global problems of the magnitude that the world will experience in coming years normally start in the periphery. We are seeing multiple examples of local wildfires that will soon spread to the core of the world economy.

Take for example the VAT countries. Not Value Added Tax, but Venezuela, Argentina, and Turkey. Deficits, debts and currency collapse are the normal warning signals and these are certainly present at varying degrees in the VAT countries. As always, the best single indicator which reveals these problems is, of course. gold. As the chart below shows, gold in Venezuelan Bolivars is going up exponentially. Since May 2018, gold has gone up 23,000x or 2.3 million percent.

Further, and you should read the whole article:


Argentina goes from one crisis to the next and gold is up 14,500% this century. Only since December of 2017, gold is up 74% in Pesos. Finally in Turkey gold is up 26% since May of this year and 3,500% since 2000. No wonder governments around the world hate gold. Because gold reveals their deceitful actions in destroying the economy and the currency.

Look at the calculated valuation of gold based on 42 trillion in US debt in this snippet below:

In the next phase of the gold and silver markets, the LBMA banks and Comex will blow up and be unable to honor their paper commitments, which are at least 500 times the available physical gold.

I have shown in previous articles that gold should be at least $16,000 based on the 1980 high of $850, adjusted for inflation. But many calculations show a much higher price, whether it is $87,000 or $174,000 that Jim Sinclair and Bill Holter have calculated.

These prices might seem like fantasy, but what we must understand is that when the fake and manipulated gold and silver paper markets blow up, there will be no price or no gold or silver offered by the dealers since they don’t have any physical metals to settle their commitments. Regardless of what price gold and silver will reach, the current prices of $1,200 and $14.80 are totally ridiculous.

The Biggest Secret In The World
This is the biggest secret in the world that virtually nobody understands. Just like a Venezuelan would have saved his and his family’s life, so will people who buy gold today in the West. Still. nobody is buying. And even the ones who are aware are waiting to see if gold and silver will go lower.

This a must listen folks:

If by gold you mean Bitcoin, then yes. you are correct.

No. Stack physical gold, and I would recommend silver firstly.

I guess everyone has already read this article and keeps up on the tumbling world fiat currencies? So this is common knowledge to most who have read this thread/article? No comments which worries me that: A. everyone knows this shit; B. apathy has reached a saturation point; C. Doom burnout; D. Dumbed down by football, Facebook, TV, Snapchat, etc.; E. Too broke to have internet.

The dollar has been about to die for the last 30 years. Gold has been about to skyrocket for nearly as long.

Yet here we are, with neither happening.

stack cash first and metals next.

It is all a game. An Illusion if you will. They will tank it when they are ready. We all know that. I have heard rumors that Trump has been working on a plan but no details have slipped out that I am aware (provable not BS).



Rumors are it is similar to JFKs plan before they took him out

Good luck with trying to buy a hamburger with that crap when TSHTF.

Both....with the coming collapse both are set to skyrocket to the moon...Btc is crypto gold,the gold of the future,but old gold,physical that is,both to the moon

Ez,buy the broke McD's shop on the corner with a percentage of Btc when TSHTF....ez

The longer it's suppressed,the more the pressure builds and the bigger the bang

What made you think they will still be serving burgers when it hits the fan. They will take all burgers home and never to be seen again until the fan is wiped clean

When it hits the fan I imagine the Internet will be gone yes? Then how am I gonna buy me McDonald’s with my btc?

I'd go along with that. It would be great if my measly little cache of old rings was suddenly worth more than a pile of beans. Like worth maybe a nice dinner out.

All I know is Venezuelans with gold or silver are eating.