"We Track the Financial Collapse For You, so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

This field is for validation purposes and should be left unchanged.

Safeguard your financial future. Get our crucial, daily updates.

"We Track the Financial Collapse For You,
so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

This field is for validation purposes and should be left unchanged.

Top Three Videos – July 27, 2023

BREAKING SILVER NEWS - Silver Price Predictions Included!
Silver Dragons

Quick Summary Bullets:

  • The Fed rate hike is expected to impact gold and silver prices, but Powell’s press conference is likely to be the bigger market mover.
  • China’s increasing use of the Yuan in cross-border transactions and its efforts to challenge the dollar’s dominance in commodity markets could have a significant impact on the value of gold and silver in the long run.
  • Bank of America faces the biggest paper losses in the industry, compared to J.P Morgan Chase and Wells Fargo.
  • The high interest rates and the withdrawal of easy money by the FED may potentially cause damage to the financial system or the economy.
  • The use of a digital dollar by regular people is becoming more likely, as banks and credit unions are already using the service.
  • The video discusses various predictions from banks and mining companies about the future price of silver, indicating a potential lack of consensus in the market.
  • The silver price predictions range from $38 to $125, showing a wide disparity in forecasts for the next five to ten years.
  • The silver price has dipped below $25 an ounce, indicating volatility in the market.

Transcript Summary:

The key idea of the video is that the spot price of silver is currently volatile and expected to be impacted by upcoming news, such as the Fed rate hike and Powell’s press conference.

  • 00:00 The spot price of silver is currently over $25 an ounce and is expected to be volatile due to upcoming news, including the Fed rate hike and Powell’s press conference, which could impact silver prices.
  • 01:35 The Yuan is surpassing the dollar in China’s trade, indicating a decline in the dollar’s status as the world’s reserve currency, potentially leading to a significant impact on gold and silver prices in the future.
  • 02:50 Bank of America’s massive paper losses highlight the problems in the banking system, as they had over a hundred billion in unrealized losses on their bond portfolio, making their balance sheet a mess, but they are not alone as most banks face similar losses.
  • 03:50 Banks may weather the storm with the FED bailout, but the removal of easy money may cause damage to the financial system and economy, as the FED has launched a central bank digital currency in America.
  • 04:49 The FED’s new digital dollar service, currently being used by banks and credit unions, could pave the way for regular people to sign up for a digital currency, signaling to the FED that people are willing to adopt it.
  • 05:42 Silver price predictions for the end of the year range from $25 to no movement, according to various banks and precious metals dealers.
  • 06:21 Silver price predictions vary, with some experts predicting $38 by the end of the year, while others forecast $28.30 per ounce or even $50, $75, or $125 in the next five to ten years.
  • 07:36 Silver price has dipped slightly below $25 an ounce and is expected to be volatile due to Powell’s upcoming statement, with potential big moves either tonight or tomorrow.

Doomberg: The Degrowth Movement, A War On Humanity?
Palisades Gold Radio

Pay attention to the destruction of reality, be critical of negative news and media, question the degrowth movement, consider the potential of nuclear and solar energy, and defend fundamental freedoms and free speech.

Quick Summary Bullets:

Nuclear Power and its Benefits

  • The anti-nuclear movement has effectively slandered the industry, despite its near-perfect safety record and significant contributions to humanity’s progress.
  • Nuclear energy emerges as the option with the most benefits and least risk when compared to other forms of primary power available.
  • The province of Ontario, under the leadership of Doug Ford, has embarked on a nuclear Renaissance to provide cheap and reliable power, making it one of the greenest and most reliable grids in the world.
  • The global attitude towards nuclear power is experiencing a renaissance, except in Germany, where there is a growing shift in public opinion towards bringing back nuclear reactors.
  • The energy payback for nuclear power plants is much quicker compared to solar and wind, making it a more advantageous energy source.
  • “Chicken’s razor” suggests using the tools already available, like Germany’s ammonia reactors and nuclear power plants, to streamline the process of hydrogen and ammonia production.
  • Using a fleet of nuclear power reactors to produce hydrogen and burning it in internal combustion engine cars could be a carbon-free solution for transportation.

Challenges in Climate Change Discussion and Free Speech

  • Google and Facebook have contributed to the decline of the reporting industry, turning it into a clickbait farm, which is why Doomberg opted for a subscription model and focuses on producing long but worthwhile pieces.
  • The green energy Act of Ontario became a “giant grift and mismanagement” that wasted around 60 billion Canadian taxpayer money, equivalent to a trillion on a per capita basis in the US.
  • “This is an example of a politician who has no concept of physics or science whatsoever.”
  • The trend of clamping down on even the most thoughtful and fact-based views in the discussion of climate change, highlighting the importance of free speech and the potential threat of censorship.

Controversial Perspectives on the Degrowth Movement

  • The Degrowth Movement is seen as a “war on humanity” by some, suggesting a controversial perspective on the movement’s goals and impact.
  • The Degrowth Movement, which advocates for shrinking the economy, has gained significant attention and even received support from high-ranking officials in the European Union.
  • “This is on the path to sort of this maoist’s stalinist centralized controlled great giant leap forward mindset.”

Transcript Summary:

  • 00:00 The speaker discusses the destruction of reality and the need to pay attention, highlighting the potential increase in the value of gold, while also mentioning risks to society such as conflicts with China, complacency in Europe regarding energy, and the collapse of the wind industry, and criticizing the constant search for negative news driven by the media industry and the negative impact of Google and Facebook on reporting.
    • The speaker emphasizes the destruction of reality and the need to pay attention, stating that the probabilities strongly favor an increase in the value of gold.
    • Always grateful for the opportunity to have conversations and speak with you, especially on a day without any significant events happening.
    • There is currently no major news to discuss, but there are always interesting topics such as gold, nuclear energy, and the energy crisis, and it is a relief to not be in the midst of a constant panic news cycle.
    • There are numerous risks to the stability of society, including potential conflicts with China, complacency in Europe regarding energy, and the impending collapse of the wind industry.
    • The constant search for bad news and negative situations is driven by the need for the industry to write about it and the ease of accessing negative stories due to constant connectivity.
    • The concept of Defense of pessimism is dwelling on worst case scenario risks convincing yourself that you have a proper hedge and or abatement plan and then you were liberated from such concerns to operate at a high level, and while the proliferation of social media has made access to noise as readily accessible as signal, Google and Facebook have ruined much of the reporting industry, leading to a clickbait farm exercise, but Doomberg aims to swim against that current by providing long but worth reading pieces.
  • 05:54 The speaker criticizes the degrowth movement for promoting a communist-like economy, reducing work hours, and advocating for welfare without growth, arguing that it would lead to political upheaval and a decline in living standards.
    • The speaker discusses the degrowth movement and its potential impact on society if we are not aware of the energy situation.
    • The European degrowth movement, supported by the president of the European Union, aims to shrink the economy and has sparked a backlash, particularly in Germany, with the rise of the right-wing AFD party.
    • Pushing for degrowth too quickly and without the right approach could lead to political upheaval, as seen in the upcoming election in Spain, where the conservative party, which supports nuclear energy, is likely to win; the European Union’s top leadership openly expresses their desire to shrink their economies.
    • The idea of accepting blackouts for the environment is being floated through public consciousness as a way to prepare for abrupt changes to our standard of living in the name of climate change.
    • The speaker criticizes the degrowth movement for promoting a communist-like economy, reducing work hours, and advocating for welfare without growth, which they argue would lead to political upheaval and a decline in living standards.
    • The speaker found a session on organizing welfare without growth to be alien and incongruent with their beliefs, and they will provide a link to the complete recording.
  • 13:21 The degrowth movement questions economic growth and may spread to North America, while resistance to nuclear energy is fueled by fear-mongering and unfair slander, despite its safety record; Ontario’s investment in nuclear power has led to a successful and green energy strategy.
    • The growing popularity of the degrowth movement in Europe, which questions the pursuit of economic growth, may eventually spread to North America and provoke a political backlash.
    • Resistance to nuclear energy is fueled by a smear campaign that conflates civilian nuclear power with military-grade nuclear weapons, as exemplified by the Fukushima water release, and the fear-mongering surrounding it is unfounded considering the large dilution ratio and the vastness of the Pacific Ocean.
    • The anti-nuclear movement has unfairly slandered the industry, despite its near perfect safety record, as demonstrated by the disproportionate fear of nuclear accidents compared to other energy sources like hydroelectric dams.
    • Nuclear energy is the safest and most beneficial option for society, and despite the risks and trade-offs, it should be considered as a viable solution for our energy needs.
    • Critics of nuclear energy are exaggerated and driven by hidden agendas, but the province of Ontario, led by Doug Ford, has taken a thoughtful approach to cheap and reliable power by investing in a nuclear Renaissance and already having one of the greenest and most reliable grids in the world.
    • Ontario’s green energy act was a failure and a waste of taxpayer money, but the repeal of the act and the implementation of a new energy strategy by the ruling party has been successful and could serve as a model for other countries.
  • 25:35 Concerns about Germany’s decision to shut down nuclear power plants, potential challenges in colder winters, and lack of preparation for gas reserves; wind energy’s pursuit of longer blade lengths leading to higher failure rates and decline as a viable option; solar energy as a promising solution; nuclear energy’s quick energy payback period making it a viable option.
    • The global attitude towards nuclear power is shifting, with the exception of Germany, and there is a concern that if Germany experiences a colder winter due to a strong El Nino event, the country’s decision to shut down all nuclear power plants may pose challenges.
    • There is concern about complacency and lack of preparation for the upcoming winter, particularly regarding gas reserves and the ability to remove natural gas from storage, despite previous mild winters and investment in natural gas infrastructure.
    • The wind industry’s pursuit of longer blade lengths for efficiency has led to higher failure rates and unanticipated liabilities, exposing the fraud of the concept of levelized cost of electricity and indicating that wind energy will eventually decline as a viable option.
    • The wind energy industry’s lack of standardization and experimentation with various designs has hindered supply chain efficiency and may lead to a decline in the sector, while other renewable options should be considered.
    • Solar energy is a promising solution due to its abundant supply and predictability, while burning wood for biomass is environmentally nonsensical.
    • Nuclear energy has a quick energy payback period compared to solar and wind, making it a viable option even if there is a diminishment in oil supply.
  • 36:43 The speaker questions peak oil theories and criticizes the energy efficiency of hydrogen fuel, suggesting that Germany should utilize its existing nuclear power plants to produce ammonia locally instead of shipping hydrogen, and highlights the negative impact of forced heat pump installations in German homes.
    • Peak oil theories are doubted and the speaker questions the energy efficiency of hydrogen fuel, criticizing a politician’s lack of understanding in physics and science.
    • Wind turbines off the coast of Newfoundland will generate electricity, which will be used to create hydrogen through electrolysis, then converted to ammonia and transported to Germany to be burned for energy.
    • Germany should utilize its existing nuclear power plants to produce hydrogen locally and make ammonia, which would be a beneficial project for companies like Siemens to showcase their electrolysis technology.
    • Producing ammonia in Germany using natural gas would be more cost-effective than creating and shipping hydrogen, which requires energy synthesis, and utilizing a fleet of nuclear power reactors to generate hydrogen for carbon-free transportation would be a beneficial solution, but insulting solar in Germany has negatively impacted the industry and a similar negative effect could occur for hydrogen as an energy source.
    • The forced installation of heat pumps in German homes, in an effort to save energy, may actually result in more energy being used due to the increased use of air conditioning in the summer, highlighting the failure of central planning.
    • Gold is not a speculative investment for the speaker, but rather a vehicle to preserve purchasing power, and while displacing the US dollar system may be challenging and take longer than expected, the speaker will continue to monitor the situation with curiosity and interest.
  • 45:21 The speaker discusses the importance of free speech, expresses concern over the trend of debanking individuals, emphasizes the need for diverse sources of revenue, and mentions the potential use of crypto as an alternative means of transaction.
    • Our role as professional content creators is to research, understand, and articulate our views on complex topics, while being mindful of the potential risks of being labeled as spreading misinformation, particularly in the area of climate change where there is a trend of clamping down on certain views, but luckily for us, Substack has been a strong supporter of free speech and as long as we provide references and engage in polite debate, we may be spared from the censorship industrial complex.
    • Expressing our authentically held views is our right as U.S. citizens, but the trend of debanking individuals like Nigel Farage is concerning and sets a dangerous precedent.
    • Our role is to create content that our subscribers enjoy and we do not accept advertising or sponsorship to avoid pressure from a single source of revenue.
    • Having a second passport is seen as the ultimate step in fighting against becoming an unperson or being unbanked, but the speaker prefers to stay in the US and participate in the political process to protect their liberties.
    • If banks close your accounts, crypto may provide alternative ways to transact, but it may not be a viable option for everyone, and there are bigger problems to worry about if it comes to that.
  • 50:43 The limitations of Bitcoin as a solution to financial challenges and the potential consequences of government control, the need to defend fundamental freedoms and free speech, the hindrance of the environmental movement on the viability of peaking power plants and renewables, and the negative impact of sensational headlines on the climate change discussion.
    • The government’s control over fiat payment rails and financial institutions’ compliance with freezing crypto wallets demonstrate the limitations of Bitcoin as a solution to financial challenges and the potential consequences of being labeled a non-person by the government.
    • A new currency won’t solve the political problem of unelected regulators cracking down on the crypto sector and potentially targeting gold owners, as demonstrated by the baseless accusations against Farage and the leaked financial information to the BBC, which should be politically unacceptable.
    • The speaker criticizes the disregard for fundamental freedoms and the blind support for partisan politics, emphasizing the importance of defending the right to have differing opinions and the need for free speech.
    • Crypto miners can be a good use of excess power on grids during non-peak hours or in remote areas, but the environmental movement opposes it, hindering the viability of peaking power plants and further introduction of renewables into the grid.
    • The use of excess energy for Bitcoin mining can contribute to the production of oil, but environmental movements and figures like Elizabeth Warren oppose it due to their opposition to fossil fuel combustion.
    • Headlines like “underground climate change deforming the ground beneath buildings” do a disservice to serious environmentalists and cause people to shut their brains off from the entire climate change discussion.
  • 01:00:34 Nothing on this podcast should be taken as investment advice; listeners are urged to educate themselves and make their own decisions.

Lobo Tiggre- Gold-backed BRICS currency not on agenda for now; de-dollarization will accelerate as bloc expands
Kitco NEWS

Quick Summary Bullets:

De-dollarization and the BRICS bloc

  • De-dollarization is still a priority for the BRICS countries, as they aim to challenge the dominance of the Western financial system by promoting trading and settlement in local currencies.
  • “I think if not a BRICS-backed currency, then somebody else will do something like this to take the Dollar on and it makes sense for BRICS as the front running Challenger to do it and for the reasons we’ve just been saying.”
  • The lack of trust and faith in each other’s currencies among BRICS countries may lead to the acceleration of de-dollarization, potentially impacting the global financial landscape.
  • “Gold-backed BRICS currency not on agenda for now; de-dollarization will accelerate as bloc expands.”
  • China’s recent gold-buying spree, with 165 tons purchased this year, indicates their interest in diversifying away from the dollar and strengthening their position in the global economy.
  • The actions of the BRICS countries suggest that they are on board with the idea of de-dollarization, even if they are not openly discussing it.
  • De-dollarization is expected to accelerate as the BRICS bloc expands, indicating a potential shift away from the dominance of the US dollar in international transactions.
  • The idea of a gold-backed BRICS currency gained traction due to concerns about the weaponization of the dollar and the trend towards de-dollarization.
  • The de-dollarization trend is accelerating, with countries wanting to trade in their own currencies, which poses a challenge to the dominance of the US dollar in international trade and reserves.
  • “Turkey seems like a natural fit to join the BRICS alliance, considering its size, natural resources, and its position as a NATO member.”

Trust and alternative currencies

  • Central banks and governments around the world are concerned about the unilateral power of the United States to freeze or seize assets, leading to the desire for alternative currencies and trade systems.
  • “I don’t trust central banks as far as I could throw one and I think 99.999 pure percent of our audience is in the same camp.” – The lack of trust in central banks and their actions is a prevalent sentiment among many individuals.
  • Despite the ESG push, the world’s growing energy needs will require a mix of oil, coal, gas, and uranium, indicating that the demand for uranium as a green energy source will not diminish.

Geopolitical conflicts and propaganda

  • Propaganda can hold significant value in a war setting, even if it is just talk, highlighting the strategic use of rhetoric and messaging in geopolitical conflicts.
  • The formation of a new East-West division in the world could lead to countries aligning with the opposing side for their own benefit, with potential candidates for joining the bloc including North Korea and Saudi Arabia.

Transcript Summary:

  • 00:00 The plan for a gold-backed BRICS currency will not be discussed at the upcoming summit, as South Africa and India deny any plans for it, but Russia is still pushing the idea; however, dethroning the dollar as the world’s reserve currency is acknowledged to be difficult.
    • The plan for BRICS nations to launch their own commodity-backed currency, potentially backed by gold, will not be discussed or announced at the upcoming summit in South Africa, as South Africa’s ambassador to BRICS stated that there has never been talk of a BRICS currency and it is not on the agenda, and India has also become less enthusiastic about the idea.
    • Russia, Brazil, and other BRICS countries have expressed support for a common currency backed by commodities to challenge Western dominance in global finance, but South Africa and India have denied any plans for a gold-backed currency at the summit.
    • Russia, being a country at war with the West, has an incentive to push the idea of a gold-backed BRICS currency, even if they don’t actually have to do anything, as propaganda has value in a war setting.
    • The idea of a gold-backed currency makes sense and is appealing to many people, although it is important to be skeptical and not buy into rumors.
    • The idea of a new BRICS currency as a competitor to the dollar is being considered, but the difficulty of dethroning the dollar due to its status as the world’s reserve currency and its deep liquid market is acknowledged.
  • 05:33 The idea of a gold-backed BRICS currency is not currently being considered, as de-dollarization will accelerate as the bloc expands, but there is uncertainty about whether China and Russia are developing it discreetly.
    • The idea of a gold-backed BRICS currency is hindered by the lack of trust between the BRICS countries, but using gold as a store of value can bypass this issue.
    • The speaker believes that a gold-backed currency by BRICS or another entity to challenge the US Dollar makes sense, but it won’t have an immediate impact on investments or the current financial landscape.
    • The idea of a gold-backed BRICS currency is not currently being considered, as de-dollarization will accelerate as the bloc expands.
    • India does not favor a BRICS currency and there were misconceptions that a gold-backed BRICS currency would be announced in August.
    • The surprising revelation is that the gold-backed BRICS currency is not currently being discussed, which goes against expectations and raises the possibility of intentional confusion.
    • The possibility of a gold-backed BRICS currency being developed discreetly by China and Russia is uncertain, as they have allowed the narrative to run without actively suppressing it, but China’s recent gold-buying spree suggests a potential interest in weakening the dollar.
  • 12:12 De-dollarization will accelerate as the BRICS bloc expands, but a gold-backed currency is not currently being discussed, despite previous speculation and excitement.
    • The possibility of a gold-backed BRICS currency is not currently being discussed, but de-dollarization will accelerate as the bloc expands.
    • The US may have offered incentives to China to keep quiet about de-dollarization, but it is also possible that China is not ready yet and is waiting until they have the infrastructure in place before making a concrete announcement, as stated by the Vice President and CFO of the New Development Bank.
    • The idea of a gold-backed BRICS currency may have been leaked prematurely, leading to exaggerated reactions from both those critical of the West and those concerned about potential threats, but the speaker recalls hearing about this concept during their time at Casey.
    • The idea of a gold-backed BRICS currency has been discussed for a long time, but despite the excitement surrounding it, previous big ideas like Basel III have not lived up to the hype in terms of impacting the price of gold.
    • The idea of a gold-backed BRICS currency gained traction due to concerns over the weaponization of the dollar, Russia’s expulsion from the Swift system, and the trend towards de-dollarization, leading to speculation and excitement.
  • 17:32 The lack of reaction in the gold price to the news of a gold-backed BRICS currency not happening highlights the importance of focusing on current factors affecting prices, such as central bank policies and economic statistics, rather than speculative ideas.
    • The lack of reaction in the gold price to the news of a gold-backed BRICS currency not happening is because the traders who set the price of gold are not gold bugs like the audience, but rather professional market participants focused on making profits.
    • The recent announcement from South Africa regarding gold-backed BRICS currency did not have an impact on the gold market, highlighting the importance of focusing on what is currently affecting prices and exchange ratios rather than speculative ideas, although there has been a trend of central banks increasing their gold purchases.
    • The trend of de-dollarization is currently in motion, but it is not directly correlated to the idea of a gold-backed BRICS currency, as it has been accelerating due to factors such as Russia being kicked off the Swift system and concerns about unilateral power.
    • Gold bug investors should not solely rely on central banks buying gold as a guarantee for its future value, as the trend of central banks buying gold may continue for a decade or longer but it does not indicate short-term fluctuations, and it is important for investors to be cautious of misleading claims about investment opportunities based on this trend.
    • The trend of de-dollarization, with countries wanting to trade in their own currencies, has accelerated, leading to a decrease in the dollar’s share of international reserves, and while a gold-backed BRICS currency is not currently on the agenda, the speaker believes that central bank buying has played a significant role in keeping gold prices high despite headwinds.
    • The de-dollarization trend, driven by the idea of a gold-backed BRICS currency, is seen as bullish and supportive, potentially dethroning the dollar as the king of currencies, but most traders are focused on factors like central bank policies and economic statistics rather than the impact of a new currency.
  • 28:53 Over 40 countries are interested in joining the BRICS bloc, potentially including Saudi Arabia, China, and North Korea, which could lead to a shift away from the dollar and significant global consequences; gold is expected to hit a new all-time high in 2023, but in the near term, the speaker is bearish on gold due to the apparent victory of Team Soft; the speaker believes we are currently in a recession masked by the effects of the pandemic and predicts a labor market crack by the end of the year.
    • There is significant interest in expanding the BRICS bloc, with over 40 countries wanting to join, but the speaker believes that the new East-West division will lead to countries aligning with the side that benefits them the most, and potential candidates could include North Korea, Saudi Arabia, and China.
    • Saudi Arabia joining the BRICS bloc and potentially encouraging trading away from the dollar could have significant consequences, as oil will continue to be important for decades to come and the Saudis will have a lot of power in that regard.
    • If Saudi Arabia and Turkey were to join the BRICS alliance, it would have a significant impact on the world and would require a reconsideration of current investments and alliances.
    • Gold is expected to hit a new all-time high in 2023, but in the near term, the speaker is bearish on gold due to the apparent victory of Team Soft.
    • Inflation has decreased and if core pce also decreases in the next report, it will indicate a successful soft landing and contradict the predictions of a recession, although the speaker believes that we are currently in a recession that has been masked by the effects of the pandemic.
    • Labor hoarding has led to a stronger-looking labor market, but with more people working multiple part-time jobs, the speaker believes this situation is unsustainable and predicts a labor market crack by the end of the year.
  • 37:40 The speaker predicts that the Federal Reserve will cut rates by the end of the year due to potential future problems, but is bearish on gold in the short term and believes a soft landing is unlikely.
    • The speaker predicts that the Federal Reserve will break something else in the future, leading to big changes and causing them to cut rates by the end of the year, despite the markets not expecting it due to inflation concerns.
    • The speaker believes that in the near term, if the Fed maintains its tight policy and there is no recession, it would be bad for gold, making them bearish on gold in the short term but optimistic about its potential in the future.
    • There is a possibility of downside for gold and silver in the near term, with potential for gold to drop below 1900, causing panic in stocks.
    • The speaker believes that the idea of a soft landing and the Federal Reserve easing up on monetary policy is unlikely to happen, as Powell is cautious about repeating the mistakes of his predecessors, and while inflation may be coming down, it is still above target.
    • The Federal Reserve’s decision to pause rather than cut rates is based on visible progress and the fear of negative consequences, but even if they were to ease up, it may not be enough to prevent potential problems in the system.
    • The speaker discusses the unpredictability of future economic events and mentions the possibility of a squeeze in commercial real estate, but emphasizes that it is difficult to predict specific outcomes.
  • 44:51 Investing in uranium is recommended as it is recession-resistant and has an upward trend, while gold may not perform well in the short term but silver could potentially outperform it.
    • The speaker predicts that the rapid acceleration of the economy will lead to more problems, and although they are bearish on gold in the short term, they believe there will be a pivot and blood on the streets.
    • Gold may not perform well in the near term due to decreasing inflation and a strong dollar, but silver could potentially outperform gold if the industrial side of silver is considered.
    • Investing in uranium is recommended due to the potential for a deepening recession and the possibility of silver outperforming gold in the near term.
    • Uranium stocks are more recession resistant than other minerals, and despite their current performance, the speaker remains bullish on them due to the metal’s upward trend.
    • The speaker is excited about investing in uranium due to its solid thesis and plans to expand their shopping list, including gold and silver, after the recession, but sees no trend derailing the uranium idea.
  • 50:10 The demand for uranium in BRICS countries, especially China, is growing rapidly and is not affected by ESG sentiments or the opinions of companies like BlackRock, with only a major nuclear incident being able to disrupt this trend, while a gold-backed BRICS currency is not expected in the near future.
    • BlackRock CEO’s shift towards oil and addition of Saudi Aramco to the board does not undermine the importance of uranium as a green source of energy, as the world’s growing energy needs require a diverse range of resources.
    • The demand for uranium in BRICS countries, particularly China, is rapidly increasing and is not influenced by ESG sentiments or the opinions of companies like BlackRock, with only a major nuclear incident being able to disrupt this trend.
    • The speaker expresses their conviction that a gold-backed BRICS currency is not likely to happen soon, and thanks the viewers and sponsors for their support.

Contact Us

Send Us Your Video Links

Send us a message.
We value your feedback,
questions and advice.



Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.

This field is for validation purposes and should be left unchanged.