Midas Gold Group

https://www.midasgoldgroup.com/ Recession is a word that stirs feelings of fear and desperation. Even now, market experts forecast a possible downturn. Politicians and financial professionals lean over backward to avoid using “recession.” Recessions are brutal because companies struggle to survive, people lose their jobs, wages fall, homes and stocks lose value, and it inevitably leads to more debt. The excellent news about recessions is that they don’t last; however, retirement goes on for decades. Keep that in mind as Dave and Ken discuss the recession and how to protect your retirement plan before it’s gone. What is Inflation? We’ve all seen it in action. Just go to the grocery store to stock up your pantry or drive to your favorite gas station to fill up your gas tank, and you’ll notice everything is priced noticeably higher than a few months ago. That’s inflation, or as host, Ken Russo says in the episode, “Inflation is a general increase in prices and a fall in the purchasing price of our money.” What is a Recession? A recession is a period of temporary economic decline that reduces trade and industrial activity, generally identified by a fall in Gross Domestic Product (GDP) in two successive quarters. That’s another textbook definition. The reality of our current situation is that the country hasn’t had any real growth for a long time. Look at some of the catalysts that cause a recession and see if they sound familiar: excessive debt, asset bubbles, too much inflation, and sudden economic disturbances. We’re living in the early stages of recession now. The powers that be don’t want to call it for what it is because they don’t want to cause a panic. But the proof is all around us. You don’t have to look too far. Investments in stocks and bonds are losing money. Even Netflix, with its upward trajectory, has turned around. The video streaming giant has begun to lose subscribers for the first time. Streaming services are not the only ones suffering setbacks. Emerging markets are facing their most significant financial challenges as well. People are beginning to tighten their belts wherever they can. Like a school of Piranha eating a cow, rising inflation is devouring any savings you might have. Planning for a recession is scary because you must consider all the consequences. This program, indeed, this series, is all about steps you can start taking today to prepare for the unavoidable crisis that is quickly approaching. The Dreaded Inverted Yield Curve The economy of the United States is complex, and because some things are going on that affect the country’s economic health, many things can absorb shocks and supply pressures. The yield curve is the actual indicator of how painful things can get financially. Investors notice because they know an inverted yield curve announces a recession is coming. The yield curve plots the yield, or market value, of a range of bonds. These are government-issued notes with a range of four months to thirty years. Under normal economic conditions, the yield is higher on longer-term bonds; however, when the “yields” are lower, investors know a recession is coming. Only once did an inverted yield curve not signal a recession. In 1998, the yield on the 10-year Treasury fell below the line without an “economic downturn” following. What’s the Difference Between a Recession and a Depression? The Fed will do anything to avoid depression because its impact on the economy is worse than a recession. More people are out of work and can’t find replacement jobs. There’s an even steeper decline in GDP, and, perhaps worst of all, is a depression that lasts for years, not months. Economies struggle for a long time to recover. Fortunately, the US has only had one depression. The Great Depression lasted from 1929 to just before World War Two when President Roosevelt introduced the New Deal. Featured Precious Metal Product The Gold American Eagle, as host Dave Deno points out, is Ken’s favorite gold bullion coin and this episode’s featured precious metal bullion product. The American Gold Eagle hit the world bullion market like a meteor after President Reagan signed the Gold Bullion Coin Act of 1985. The Gold American Eagle is a beautiful gold bullion coin that pays tribute to our national heritage. The obverse of the coin resurrects the iconic sculpture of Augustus Saint-Gaudens from the early twentieth century. The original Gold American Eagle reverse featured a Miley Busiek design of a female eagle tending her nest as a male eagle returns with a branch in its talons. ______________________________________________________________________________ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ Traditional ways of investment thinking must evolve with the reality of currency devaluation. In this Gold Standard Wealth Summit, host Dave Deno, Ken Russo – VP of the Midas Gold Group, senior trader at the Midas Gold Group, and a Marin Corps veteran James Clark convene to discuss the need for every investor to protect their nest egg and diversify their portfolio. They discuss how gold and other precious metals protect your wealth during volatility and great uncertainty. Forty-One Year High Inflation High inflation isn’t going away. Price hikes seem to hit a new record with each passing month. March saw 8.5 percent inflation, the biggest gain since 1981. The Fed has begun raising interest rates to control inflation but has had little effect. Supply chain disruptions and consumer demand also keep prices high. Dave and Ken have talked many times on this program about how high inflation is here to stay. The New Normal Many business sectors, our society, and our personal lives have been impacted by the pandemic. Many things will never return to the way they were before, including the economy. We are witnessing the dismantling of the US dollar. The US dollar is losing its grip on world reserve currency status. The US dollar is a Federal Reserve note and not backed by anything except a government decree. The US dollar used to be backed by gold and silver, but no more and never again. Gold and silver remain the reliable store of value they have always been. The window of opportunity to transfer some of your wealth into gold won’t be open indefinitely. Asset bubbles are the largest in history, and gold remains undervalued. The need has never been greater for people to take a percentage of their money out of the banking system and move it into gold or silver. Precious metals offer wealth preservation and tremendous potential for future price appreciation. The Problems of Printing Money The printing of money is the default response to everything, it seems. Ken describes the problem of printing money as global addiction that is spiraling out of control. It’s a huge problem compounded by the fact that government agencies are forthcoming about the truth of the situation. For example, the New York Times reported the federal government spent $6.55 trillion in 2020, while taxes trailed at $3.42 trillion. Much of the spending came from the $2.2 trillion economic relief package Congress passed in March. The gap between what the government spends and what it earns through tax receipts and other revenue is about $2 trillion more than the White House’s budget forecast in February. It was three times as large as the previous year. The problem with a sustained practice of printing money is the hyperinflation that arises from prices rising faster than people can earn enough money to pay for it. Poorer countries are most susceptible to hyperinflation. The United States is a wealthy nation, so it can tolerate printing more money than other countries, up to a point. We don’t yet know what that point is, but it seems the Fed is dead set on finding out. The Coming Recession How will we know if we are in a recession? Two successive quarters of negative economic growth is the standard definition. Remember the last Great Recession, one of the largest and deepest in modern history, lasted from December 2007 until June 2009. There is a narrow margin for the Fed to address the problem of inflation before it pushes the economy into a recession. The economy and labor markets movement give the Fed the confidence to keep pushing the recession envelope by nudging higher and higher interest rates. You can’t help but think that it’s all an experiment. The whole country is venturing into uncharted economic territory. High inflation and supply chain issues don’t paint an optimistic future for your personal finances. Consumers are trying to save more. This lack of spending could stall the economy. Featured Precious Metal Product Government minted bullion bars are rare. This episode’s featured precious metal product is the one-ounce Royal Canadian Mint Gold Bar. The Royal Canadian one-ounce gold bullion bar is made of 99.99 % fine gold. Ken points out the importance of having diversification within a portfolio of precious metals. Gold bullion bars offer a way to buy physical gold at the lowest price per ounce. The Royal Canadian One Ounce gold bullion bar, a trusted investment piece worldwide, is an excellent way to hold minted bullion. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ The advantages of owning gold are many. Perhaps best of all, possessing physical gold gives you some peace of mind. In this episode, host Dave Deno and guest Ken Russo, VP of the Midas Gold Group, take a deep dive into the advantages of owning gold. This program will help you understand why gold is the best store of value. Gold's spot price (price per ounce) has had an upward trajectory since the government has controlled the precious metal. There is no over-asset class that compares to its long-term track record. The spot price of gold is positioned to soar much higher in the years ahead. Gold is the world's favorite insurance against uncertainty, insecurity, economic and geopolitical upset, war, and currency devaluation. Dave and Ken want to make sure everybody hears their message before it's too late. There's only so much gold. Once demand kicks in, the ability to purchase gold will become significantly more complicated. There could be a supply-demand issue and the erosion of the US dollar. Rising Inflation Begins to Outpace Wages? As inflation rages on, more Americans find it challenging to make ends meet. Although employees are asking for higher wages, only a fraction of companies increase salaries to offset the terrible impact of inflation on households. Unfortunately, salaries are based on the cost of labor associated with the demand for talent in a given area and not the cost of living. Not everyone is a millionaire or even close to it. Still, Ken reminds us that even modest households can convert some of their cash into a reliable store of value, namely gold. They could start with a gram of gold and slowly build up their nest egg. Advantages of Owning Gold over Cash in the Bank Owning gold holds your purchasing power over time far better than keeping cash in a bank account. The US dollar is declining rapidly and for several reasons. The major drawback of keeping your cash in the bank is that it won't keep pace with the cost of living. As the dollar loses its buying power, gold prices will rise the same it has done throughout the history of civilizations. In other words, gold is insurance against inflation. Other advantages of owning gold include the following: • Gold prices increase when other investments decline • Gold maintains your privacy • There are no capital gains on gold until you sell it • Gold can be used to buy and sell things when situations become dire The Storm of Financial Crisis Will Soon Be Upon Us The everything bubble and record levels of leverage for households, corporations, banks, and governments are about to explode. The central banks don't seem to know about it, much less prepare for it. This episode explores how you and everybody else can become more self-reliant and start preparing for the coming storm. Stocks & Bonds Today's risk-asset valuations are detached from any sense of reality. Putting your cash into individual stocks is risky in today's speculative climate. You have to have a long investment horizon, but you also must have the stomach for high risk. Bonds are less risky than stocks, but even that outlook has been negatively impacted by rising mortgage rates. Gold will outperform stocks and bonds as the financial storm breaks. Remember, gold prices increase when other investments decline. In the language of Wall Street, gold is a blue-chip investment. Commercial Real Estate Commercial real estate has always been considered a reliable hedge against inflation and the smart money choice to grow wealth. Still, these are changing times, and the climate is uncertain. As Ken always points out, gold is always reliable and does very well in times of unpredictability. Gold is global money. Gold has been coveted and accepted for thousands of years to conduct transactions worldwide. The value of gold doesn't have to be backed by any government. The value of Gold comes from its own merit. The Featured Gold Bullion Product This episode's feature product is the official gold bullion coin of the modern Republic of Austria, the beautiful Austrian Gold Philharmonic. The Austrian Gold Philharmonic is the most popular gold bullion coin series from Europe, and it's no wonder why. The Austrian Gold Philharmonic is a work of art celebrating the country's musical culture. Ken gives a vivid description of the incredible detail of the famous Pipe Organ on the obverse and the orchestra's other instruments featured on the reverse. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ This episode is part two of how to have financial security in an insecure world. Inflation continues to rise, and now the Fed has introduced rising interest rates into the mix (for the first time in several years). Even for the most casual observer, it’s clear that the US economy is not as strong as it appears. As we continue to move into the third and fourth quarters of 2022, this will become more apparent. The stock market is chaotic with uncertainty driving volatility across the board. Inflation remains a growing problem. We anticipated inflation to continue its upward trajectory. February consumer spending was below expectation because of the higher price tags on everything. Spending isn’t the only thing that’s more modest than expected. GDP growth is expected to be slow for the rest of the year. This program reminds us that inflation erodes the value of a currency. There’s all indication that price hikes will continue into the following year. Volatility in the bond and stock markets will continue until clarity shows up on the horizon. Right now, the only clarity is in precious metals. Precious metals derive value from their scarcity. Currencies can be printed by central governments whenever they feel like it. Consider the policies of many governments to store gold as part of their official monetary reserves. These countries use gold as an insurance policy against unforeseen events like currency collapse. Ken talks about the quantity of gold and points out in this episode, “Supply is already at full capacity. If demand increases, there’s not enough to go around.” This will make acquiring gold much more challenging to obtain and much more expensive to buy when you do find it. The performance of gold is a reflection of risk in the financial system. Currently, gold is tremendously undervalued compared to the amount of government debt. The good news is that this represents a good buying opportunity, but this buying opportunity will not be available indefinitely. Even with Big Money moving into gold and various countries increasing their stockpiles of the precious metal, the spot price of gold is still within reach. There is still time. Gold hasn’t moved to compensate for the recklessness of the world’s central banks, but gold will reconcile the accounting just as it has done for thousands of years. One of the characteristics of gold that make it such a reliable store of value is that there is only so much of it. The spot price can be manipulated, but nobody can make more gold. There is only a finite supply of gold that comes from the Earth. The Federal Reserve prints currency at will. While injecting a lot of cash into the economy can cause inflation, it gives federal member banks more credit and lowers the federal funds rate. The featured gold product for this episode is a series of gold coins minted between 1907 and 1933. We’re talking about the famous Gold $20 Double Eagle designed by legendary 19th Century sculptor Augustus Saint-Gaudens. The Saint-Gaudens Double Eagle series has tremendous numismatic importance and is considered one of the most beautiful designs in the history of United States coinage. Since twenty dollars could buy a great deal back in the early 20th Century, the Saint-Gaudens Double Eagle did not see heavy use in daily transactions. More common usages included payment for large transactions, such as real estate contracts or settling international trade deals. The production of the Saint-Gaudens Double Eagle almost didn’t happen. The old guard at the US Mint, led by Charles Barber, tried everything they could to prevent its success. Never before had an artist outside the mint’s inner circle designed coinage for circulation in the US. The Saint-Gaudens Double Eagle series exists because of President Teddy Roosevelt’s determination and force of personality. President Teddy Roosevelt considered American coinage “atrociously hideous.” He meant to revitalize the whole thing with new art sculpted by Augustus Saint-Gaudens, who was considered the greatest sculptor of his day. The entire project was, after all, the President’s “pet crime.” During the discussion, Ken draws startling parallels between what the Saint-Gaudens Double Eagle could purchase when they were first circulated to what they can buy today. It’s a sobering reminder of just how much our currency has become devalued over the last hundred years. The design of the Saint-Gaudens Double Eagle series might seem somehow familiar; that’s because the obverse was reused for the 1986 Gold American Eagle program. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ In this episode of The Gold Standard we discuss the danger of the digital dollar. The scariest thing about the digital dollar is that it’s being seriously considered by the Fed. The implications are disquieting. The danger of a digital dollar is it’s an invasion of your privacy. How many of us want the government looking over our shoulder at everything we buy. There are other dangers inherent in a state-controlled digital dollar, but the invasion of privacy is a big enough issue alone to be against the idea. To say it’s un-American is an understatement. It’s downright sinister. While it’s true that many of us get payments deposited directly into our banking accounts, and we manage them digitally, the US Government still deals with paper currency. The digital dollar would give the government ready access to every transaction. Authorities can access existing digital networks, but they need to have legal justification and procedures to do so. It’s much more of a hassle than if all those accounts were readily available on a government server. It’s hard to buy into the economic equity argument in favor of the digital dollar. The digital dollar would not benefit anyone more than what already exists. The clear driver behind central bank-issued digital dollars is to have more surveillance over its citizens. The Federal Reserve isn’t the only central bank considering the digital dollar. Most of the world is looking into the technology. If widely used, digital currencies give central banks incredible power over the financial system and your financial privacy. All transactions would be a matter of public record. If widely adopted, digital dollars would give central banks extraordinary power over the financial system and the lives of its citizens. Some argue that the US Constitution protects and would prevent the Fed from abusing its newfound power with the digital dollar, but don’t believe it. Why tempt the central banks in the first place?! They’ve already proven how abusive they can be with their fiscal policies. There are those in government who readily recognize the privacy violation dangers and oppose the creation of digital currency. There is a real danger of giving the state control over new and powerful technologies. At best, implementing a digital dollar would compromise individuality, privacy, and conformity. Once the implementation of digital dollars happens, the Fed could push and pull conditions on the digital dollar’s use. Just look at China. China is a major proponent of using digital currency, and why wouldn’t they. It’s a great way to monitor the economic activities of its citizens and add another layer of government control over their actions. We’ve already seen how the Fed is susceptible to political pressures. Once the Fed took complete control of our finances, we would be subject to the forces of political winds that blow during national economic efforts. Perhaps the worst thing about the whole idea of the Fed issuing the digital dollar is that it negates our inalienable rights to endeavor dreams, survive against the odds. God did not create us to be controlled. We are individuals and have the right to pursue happiness. It’s a bad idea to give the government more coercive powers, from mild to extreme, over our finances than it already has. This consideration of the Fed for the digital dollar is just another sign of things trending in the wrong direction. Remember that the United States was once the world’s leader in manufacturing before we started having China manufacture everything decades ago. Now, the country is at another crossroads. If manufacturers make bold investments in talent and technology, they can reclaim global leadership status, but it will take some work. In the same way, each of us must make an effort to ensure the state doesn’t continue to take away our privacy rights. One way to ensure you protect your wealth and your privacy is to transfer some of your current wealth to physical stores of value like gold and silver. Ken introduces us to the world’s most widely recognized gold coins, the Gold British Sovereign, and its rich history. The Gold British Sovereign contains .2354 ounces of gold and is the smallest government minted coin discussed in the series. The Gold British Sovereign is also one of the oldest and most historic coins introduced on the program. All Gold British Sovereign coins feature a horse-mounted St, George battling a dragon, a design that dates back to 1817. All Gold British Sovereigns minted after 1957 feature Queen Elizabeth II. The obverse shows a profile of the reigning monarch of the United Kingdom. Unlike most forms of Gold bullion, Gold British Sovereigns are exempt from broker reporting requirements to the IRS. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ This episode explores being financially secure in an insecure world. During economic uncertainty, many people struggle to become financially secure or maintain their financial security. Alarm bells are ringing, warning that now is the time to diversify some of your paper holdings into gold and silver. There's a window of opportunity that will not remain open indefinitely. The Everything Bubble and Global Uncertainty Today's world is full of uncertainty, not just economic uncertainty, but geopolitical uncertainty and questions over the stability of our society. Other uncertainties gnawing away at our nerves and wallets include energy shocks, high prices, the casino-stock market bubble, the real estate bubble, interest rate increases, and an unprecedented amount of debt. Anxiety over the question of financial security impacts most Americans on some level. The gap between the middle class and the one percent of the population grows daily. And for those fortunate enough to be financially independent, there's growing unease of high inflation and rising interest rates. The Federal Reserve The Fed is the US central banking system. It is often blistered for not meeting its primary mission to ensure stability and low inflation. The economics we find ourselves in makes you wonder how the Fed makes decisions. Has somebody fallen asleep against the on button of the money printing machine? "The next US recession will likely be caused by the Federal Reserve," the former US Secretary of the Treasury, Lawrence Summers. The Message is Not All Doom & Gloom As tumultuous as current events are, Dave and his guest, Ken Russo, VP of the Midas Gold Group, discuss things you can do now to protect yourself. A good start is to transfer some of your paper currency into physical gold or silver. These are actionable steps to immediately protect yourself and your loved ones from financial calamity. Gold has proven itself to be a reliable source of stored value for thousands of years. Ken reminds us that back in the 1970s, an ounce of gold could be purchased for thirty-five dollars. Today an ounce of gold can be purchased for over two thousand dollars. It's not that gold has increased in value so much as the erosion of paper currency. A Gold IRA: Steps to Protect Your Wealth When stocks and bonds become risky, it's time to allocate some of your wealth to precious metals like gold and silver. A Self-Directed IRA enables you to invest for retirement using gold, silver, palladium, and other valuable metals. Gold and silver will protect your spending power by reducing potential investment volatility and risk, hedging against economic downturns, and providing a tax-efficient shelter for potential gains. Precious metal IRAs are especially necessary for diversification if you are fortunate enough to have a strong portfolio. If Self-Directed IRAs or converting some of your 401(k) to precious metals sounds unfamiliar to you, you're not alone. This episode discusses some of the processes involved with converting some of your investments into "Gold you can hold." Featured Precious Metal Product This episode reprises a classic favorite of the gold bullion products, the one-ounce American Gold Buffalo. The American Gold Buffalo has the distinction of having the purest gold content in US history and embodies the idea of solid money. Hold an American Gold Buffalo in your hand. You'll instantly get a sense of the actual value and rustic history of American gold. It's no wonder that it is one of the most popular coins amongst investors. First produced by the US Mint in 2006, the American Gold Buffalo is the only 24-karat gold bullion coin created by our national mint. The rustic design revitalizes the classic Buffalo nickel design by James Earle Fraser. He was a student and apprentice to the legendary Augustus Saint-Gaudens. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ Warnings indicate impending danger, problem, or other unpleasant situation. Warnings can be helpful if people pay attention to them. The Gold Standard broadcast’s whole reason for being is to ensure our audience knows about the warning signs and understands the actions they should take to protect whatever wealth they may have accumulated. Warning signs are all around us today and much less subtle than they were when The Gold Standard first started sounding the alarm. Just as meteorologists can predict the development of storms, Ken Russo, VP of the Midas Gold Group, draw attention to the conditions that threaten the security of your money. The mission is to make sure you know the risks and understand how to lessen your exposure to the dangers ahead. As Ken warns in this episode, “We’re starting to see things come apart right before our eyes. It’s time for people to wake up. Protect your purchasing power and whatever financial freedoms you have left.” From the money in your wallet to the cash at your local bank, the Federal Reserve controls all the currency in circulation. The Fed prints money to handle financial emergencies. For the last two decades, interest rates on loans have been at rock bottom. Buying bonds has flooded the markets with emergency cash. The Fed’s strategy has been to use the balance of its bond portfolio (now at an all-time high of over nine trillion dollars) to drive better outcomes like inflating the stock market. Inflation is out-of-control with no end in sight. The central bank must dial back its bond-buying program to corral inflation and keep it under control. The Federal Reserve will reduce its bond portfolio by two to three trillion dollars over the next few years to stabilize markets, or at least try to. There’s a risk of moving too fast. If the Federal Reserve tightens monetary policy and drops its stimulus programs too quickly, the action could generate the spark needed to set off a recession. Conditions are such that this recession would not be your garden variety recession but the worst recession ever. Communication happens quickly. Information and communication technologies have connected the world as never before. Some things, like stimulus programs, have a ripple effect that can go on for years. Investors worldwide tend to sell during times of disruption and confusion. Current market conditions have alarming parallels with the dot-com bubble of the late 1990s. The added stresses and strains of Putin’s invasion of Ukraine have lit a fire under the prices of every major commodity. Add to this; many countries are desperately seeking something to compete with the US dollar. Will we see the ending of the US dollar as the world’s reserve currency in our lifetime? It’s looking increasingly possible. The common thread to all the discussions between host Dave Deno and Ken Russo is how to protect against the loss of purchasing power. Never underestimate the highly corrosive effects of inflation. Even when considering the nine percent interest paid on thirty-year treasury bonds in the 1980s, inflation eroded any gains by thirteen percent. The result was that your wealth decreased four percent a year. The biggest stock market crashes in history were not as deep or long-lasting as the ones expected to occur any time now. The question is will you have time to let the market recuperate? The 2008 crash, the worst economic disaster so far and caused by criminal behavior by the banks, took a minimum of five and a half years to recover. There was another half year before many investors regained their pre-crash purchasing power. Once the everything bubble explodes, there will be long-term damage to stock portfolios. Most retirees won’t have the luxury of time to recover. Having gold in place will protect your wealth and purchasing power whenever the next crash occurs, no matter how long the stock market takes to bounce back. In fact, the longer it takes to recover, the better gold and silver will perform. The best defense against a bear market and the corrosive effects of inflation is gold and silver. One of the oldest and most popular gold bullion coins is the 1 oz gold Krugerrand. The gold Krugerrand, minted by the Republic of South Africa, is the first modern, government-issued gold bullion coin. It features the four-term President of the South African Republic, Paul Kruger, on the obverse. The reverse has Coert Steynberg’s design of a Springbok Antelope. It’s no wonder South Africa was the first country to produce a gold bullion coin. The government has the largest gold reserves in the world. The South African Krugerrand gold bullion coin first hit the market in 1967; and, for more than 12 years, was the only option for private gold ownership. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ Just when you think there couldn’t be another crisis, a new one appears. More than an unpredictable economic outlook, with Russia’s invasion of Ukraine, the world has become a dramatically more dangerous place. The time to be defensive with your buying power and privacy is here. Gold proves itself to be insurance against inflation and a geopolitical crisis asset. Unlike gold, markets become wildly unpredictable during times of crisis because Wall Street has a low tolerance for uncertainty. Downward trends continue during climates of fear. For example, the stocks on Wall Street have been negatively impacted since Russia began its invasion of Ukraine. The S&P has lost about ten percent since the beginning of the year. The Nasdaq has lost a bit more. Overall, the markets have been declining more than advancing lately. Before Russia’s attacks on Ukraine began, stocks were already stumbling. Russia’s invasion of Ukraine will make matters worse for the general economy and the markets. There is still considerable rhetoric about the accelerating US economy. Still, as the cracks begin to show, growing uncertainty will continue to take its toll on Wall Street. These are worrying times, and the mounting concerns go deeper than tumbling stocks. This episode will help you start thinking of things you can do to prepare. Keep in mind that everyone’s situation is unique. The conventional wisdom of having no more than ten percent of your paper assets in precious metals. Traditional recommendations are not that useful during times of crisis. Considering the number and magnitude of risks today, people should consider having more gold than usual. Persistently high inflation is just one of the problems. The more significant point is that these problems will not resolve quickly. The ability to ride out multiple crises will become increasingly critical. Gold comes from the Earth and cannot be manufactured, and therefore, free from hyperinflation worries. Throughout the history of humankind, gold and silver have been the primary medium of exchange. These precious metals have survived the collapse of many governments. People in finance always refer to gold as a hedge against inflation. Still, it’s true protection against our greed and ambition. There’s an emotional and spiritual association with gold. Gold embodies divine qualities. Gold has a shine and malleability, and indestructible nature. The color and luster of gold are symbolic of acquiring knowledge, wisdom, and faith. These are the most valuable commodities that benefit us more than anything. These are actual commodities the world needs now. Against the backdrop of the Vietnam war, the spot price of gold rose from thirty-five dollars per ounce in 1970 to one hundred and eight dollars in 1975. Just another five years later, in 1980, gold climbed even higher to eight hundred and thirty-seven dollars. People from old countries know that when governments are in turmoil and the economy is in free fall, the government’s currency becomes useless. The Vietnamese come from a culture of saving physical gold. They know, from experience, that gold holds their purchasing power and that it’ll always be there when they need it. As the war progressed, it became clear that Saigon would soon fall to the communist; ordinary Vietnamese citizens relied on gold for survival. Even as the fighting wanned, Vietnamese people never put their currency in banks. Instead, they continued their tradition of converting their currency (the dom) into physical gold and hiding it at home. They had no idea what the future would bring, but they knew gold would always be valuable, even during catastrophic cataclysmic events such as war. The refugees fleeing their homes knew that only gold would buy them a ticket out. The collapse of local currency is one of the symptoms of unstable governments and countries caught in the crucible of war. Thousands of Vietnamese citizens relied on gold to help them escape the communist. Today, we’re seeing a variation of this same story being played out again. The Valcambi Gold CombiBar was first introduced in this series a while back, but, as Dave Deno points out, the usefulness and practicality of Valcambi’s Gold Combibar have renewed significance now. Every day we hear how Ukrainians queue up in long lines hoping to get some of their cash out of ATMs. The Valcambi Gold CombiBars are an essential ingredient for survival in desperate situations. The size of a credit card, but resembling a gold-wrapped chocolate bar, the 50-gram Gold Valcambi CombiBar is quickly snapped into one gram pieces to be used as money during times of crisis. Think how convenient they would have been for the Vietnamese fleeing their homeland after the fall of Saigon. The Gold Valcambi CombiBar will be especially useful during times of emergency, strife, and unpredictability. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ We continue our discussion of “Questions for Your Gold Dealer.” If anything, the topic has only gotten hotter since last week. Dave begins the conversation by asking, in no uncertain terms, is a crash coming? Ken sees overvaluations, a rising inflation crisis, and absolutely no reason why the market wouldn’t crash. The Greatest Speculative Bubble of All Time in All Things The years leading up to the Great Depression were full of heady speculation in the stock market and reckless abandonment of caution. The party came to a screeching halt in the fall of 1929. Even the well-to-do had to economize and tighten their belts. Today, we have a generation of gamblers. There is more speculation than the entire decade leading up to the Great Depression. Add to this overvaluation and economic strife, and you have a toxic cocktail of tremendous instability. Low-interest rates cause money to rush into the stock market. Combine this flood of currency with the high rise of passive investing. Wave after wave of money pours into the top 500 companies in the United States because people are just investing in the index simply because it’s on the rise, not on the company’s merit. The stock prices are not attached to anything. It’s like the value of the US dollar, by government decree. Inflation, It Is Still with Us Of course, it’s no surprise that inflation hasn’t gone away. We’ve been building our economy on trillions of stimulus dollars plus re-opening to boost demand as employees and costs of materials soar. How could it? It’s time to take a portion of whatever you have and put it into gold or silver. Both precious metals will help preserve your spending or bartering power. Ken builds a solid case for an upcoming economic hardship that will upend people’s lives as well as portfolios. The Constancy of Gold All indications point to the dollar becoming weaker. That’s why it is so essential to own physical gold. Think of gold as money. Gold has an impressive track record that goes back five thousand years. Gold was money long before man made his first coin or printed the first paper currency, and it will remain money long after. There is a constancy about gold that is undeniable. Think of physical gold by weight, not dollar price. Because when it’s all said and done, how much physical gold you have will matter, not the dollar price you paid for it. The Advantages of Owning Silver Like gold, silver has been used as money throughout the ages and offers protection against inflation and times of upheaval. Silver is much more affordable than gold, allowing everybody to convert some of the paper holdings into physical silver. Silver is much less expensive than gold and more practical when selling it. Silver is also a strategic metal. The global inventory of silver is dwindling, as are the supplies of silver being mined, while industrial usage of silver is growing. Modern life wouldn’t exist, as we know it, without silver. That’s how dependent we’ve become on the precious metal. The Advantages of Having Physical Gold over Paper Gold There is a physical gold market and a paper gold market. Because of its tremendous vulnerability to manipulations, the paper gold market can eclipse the physical gold market a hundred times over. There’s a fundamental problem with owning paper gold products. You don’t actually possess the gold. During times of panic and unrest, that will become an issue. Take a clue from the central banks around the world. They all demand physical delivery, which they keep deep within their vaults. As you diversify your portfolio with precious metals, do it by holding the physical metal so that you can lay your hands on it when you need it. Ken introduces listeners to one of the more unique and practical gold bullion products. The size of a credit card, but resembling a gold-wrapped chocolate bar, the 50-Gram Gold Valcambi CombiBar are quickly snapped into one gram pieces to be used as money during times of crisis. The Gold Valcambi CombiBar will be especially useful during times of emergency, strife, and unpredictability. Since 2011, when the 50-Gram Gold CombiBar was first introduced, investors have used it to protect against inflation and financial market turmoil. The Gold Valcambi Combibars have gained over five hundred percent since 2001. Worried investors are not the only ones buying Valcambi’s Gold CombiBars. The Gold Valcambi Combibars are also popular among grandparents wanting to give their grandchildren strips of gold rather than a gold coin. ______________________________________________________________________________ The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ We focus on answering common questions people ask gold dealers. In this episode, you’ll learn the answers to questions like: • What Does Gold Do For Financial Security? • Does Gold Become Devalue? • Which Gold Bullion Product Is Best For You? • How Can I Get Started? • How Do You Find a Good Gold Dealer? Today is a perfect time to look for a precious metals dealer you can trust and start asking questions about gold. As Ken Russo reflects in this broadcast, “Things are coming to a point where things are going to get real nasty soon. There’s still some time, but the hourglass has tipped over.” Take a look at any one of the headlines this month. Whatever momentum the US economy had picked up has slowed. The Jekyll and Hyde character of the Federal Reserve bears its fangs to fight rising inflation. The Consumer Price Index (CPI) rose .6% in January. Energy prices rose .9%, and so did electricity and fuel oil. Everything’s gone up, and it won’t be going back down. There are no good choices to head off runaway inflation. The leadership at the Federal Reserve stands between a rock and a hard place as they try to balance inflation-deflation and prevent a recession. Above all, the greatest fear is deflation, and the Fed will do whatever it has to avoid it. The Federal Reserve will be walking a tightrope throughout 2022 as they struggle to balance inflation and rising interest rates. Whatever the Fed decides to do, they’re going to have to proceed carefully. Whatever the outcome, gold will be there, as it always has, insurance against the constant tampering of monetary policies, wildly speculative markets, and the boundless greed of central banks. What is Inflation? The pressure to raise prices tends to come with making economic progress. A certain amount of inflation is a regular occurrence over time. Still, the levels of inflation we’re seeing now is not normal. A great deal of the inflation we’re currently experiencing is due to having too much money in the system. Overall prices have far outrun salary increases. The genuinely insidious aspects of inflation go primarily unnoticed by most people because its most damaging effects happen below the surface. Inflation’s corrosive effects slowly eat away at a savings account. You might be earning .06 percent in a standard savings account while inflation is around 7 percent. As of this writing, the national debt is $30 trillion, and there is no end in sight. It just keeps getting bigger and bigger. The national debt doesn’t have to be paid in full, but it has to be sustainable to have a sound economy. The economy must grow faster than the debt and the interest to service the debt. The only way to keep the country from going broke in such a scenario is inflation. Inflation makes this kind of debt affordable, but it isn’t good for savers and people hoping to retire. Inflation & Preserving Our Wealth Commodities like oil, grains, and metals tend to have price increases during prolonged periods of inflation. Gold is traded on commodity exchanges and may appear on your favorite commodity, but gold isn’t a commodity. Gold is money. Things that may impact the commodities market will never affect gold. Gold has traded more like money and less like a commodity for years now. Gold belongs as a part of every healthy portfolio because it performs well in inflation and deflationary environments, and there is no risk. Gold is a reliable store of value, and it has proven time and again to be resilient in times of upheaval. What Does Gold Do For Financial Security? Whether it’s for portfolio protection or securing long-term purchasing power, gold is the only reliable constant. Gold is a global store of value that countries trade it like money. The United States has the largest gold reserves, followed by Germany and Italy. Many countries see gold as a financial cover during geopolitical and economic uncertainty, so must you. Which is Better? Gold Coins or Gold Bars? Ken Russo departs from the usual focus on a single gold bullion product to answer Dave Deno’s question, “Which of gold products are best to buy? Gold coins or gold bullion bars? Ken answers the question by discussing two of his favorite forms of purchasing gold bullion: The Gold American Eagle and the one-ounce Credit Suisse Gold Bar. These are two great foundational gold bullion products. Ken’s answer may surprise you. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ So far, 2022 has been a rocky start for the market; in fact, the worse it’s been since 2009. Since the Nasdaq dipped its toes in correction territory, stocks have been on the rebound. Things are shaky, to be sure. Stock market spasms twitching between gains one day and losses the next. Even large companies like Netflix and Facebook aren’t immune to overnight losses that leave investors scratching their heads and wondering if his might be a lucrative buying opportunity. All but the most risk-tolerant investors with a James Bond appetite for living dangerously will play it safe and leave both stocks alone. Investors who can’t afford to lose a great deal quickly should consider other asset classes altogether. Wild swings in the market often signal wilder swings to come. Financial Volatility, Economic Uncertainty, and the New World Order The economic environment is looking more and more like a three-ring circus. Tremendous debt worldwide makes economies hypersensitive to changes in monetary policy. Central banks have to walk a tightrope balancing raising interest rates just enough to tame inflation but not enough to light the fuse of an explosive recession. The next recession will be when the “everything bubble” will burst. It will be an explosion because it will be a sudden release of energy that has been building for decades. The global economy is interconnected, and there is the potential for increased spillover from the world’s second-largest economy, China. China’s real estate troubles and China’s regulatory crackdowns. The Evergrande Group is a sprawling Chinese real estate giant saddled with $300 billion debt that it can no longer manage. Big Government is gaining a foothold, and central banks continuously push policy limits with an experimental attitude. The official roles of central banks become increasingly blurry. Americans don’t have to look far to see how national banks adopt policies that favor financiers and corporations over people. Many political leaders, such as Thomas Jefferson and Andrew Jackson, believed national banks were subversive to states’ rights and dangerous to people’s liberty. Ken Russo, the VP of Midas Gold Group, mentions G. Edward Griffin’s THE CREATURE FROM JEKYLL ISLAND, which puts forth the plausible idea that the Federal Reserve poses a severe threat to the well-being of every citizen. Gold is Insurance Against Inflation and Deflation Gold is not an investment because it has no risk. An ounce of gold in 1971 is still an ounce of gold in 2022. The dollar price of buying an ounce of gold changes between 1971 and 2022, but it’s the value of a dollar that changes, not the gold. Gold is always gold, and human manipulations will never change that fact. Gold seems volatile when measured in nominal dollars, but the volatility has more to do with the dollar’s value than the value of gold. Gold has done well through inflation and deflationary times because it is a store of value. The Mexican 50 Pesos Gold Coin Ken introduces us to perhaps one of the most unique gold bullion products to this program. It is a popular coin with investors and numismatists (people who study coins and other items used as money) alike. First minted in 1921 to commemorate the one-hundredth anniversary of Mexico’s hard-won independence from Spanish tyranny, the Mexican 50 Pesos Gold Coin is magnificent and the first bullion product in North America. The Mexican 50 Pesos Gold Coin, also known as the Gold Centenario, offers more gold at a lower premium and historical significance. The 50 Pesos Gold coins were minted at the oldest mint in all the Americas. The Mexican City mint is still in operation today. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ Smart investors have always owned some gold in their portfolio, but what are the reasons why, especially now, farsighted investors are diversifying more and more into precious metals? For one thing, there’s never been a market like this before. Ken Russo points out early in this episode, we’re living in a time of multiple crises. Ken says, “Just put anything in front of the word crisis, and we’ll probably have it within the next five or ten years.” The Fake Economy Since the beginning of The Gold Standard broadcasts, Dave Deno and Ken Russo have warned of financial volatility and economic uncertainty increases. Now, that seems like an understatement. The Bible tells us, “so shall you sow, so shall you reap.” What have we sown? Ultra-cheap money allowed corporations to raise capital in massive amounts last year. As housing prices skyrocketed, buyers lined up and shouldered huge mortgages, like Atlas balancing the world on his back. Government debt-to-GDP ratios have swelled beyond belief. The Turning Point of a Most Unusual Market The current market is quite different from the financial crisis of 2008. The global economy has been in the dumpster for some time, but cheap money has propped up the market and drove asset prices to staggering highs. Want more toppings on your sundae? Well, we’re out of everything. You name it: oil, gas, coal, copper, or whatever. We’re experiencing the perfect definition of shortages. And that includes a shortage of free money, and investors see the writing on the walls. The Fed recently confirmed it would stop the bond-buying program and raise interest rates soon. Markets expect the rates to increase a minimum of four times this year. Balance A Portfolio That Can Go the Distance Savvy investors are looking at the long-term, and most of them are expected rate hikes to begin somewhere in the second quarter. It’s not the time to take advantage of short-term benefits, even if you could find them. Smart investors know they’re better off balancing a portfolio that can withstand a socio-economic-political storm and go the distance. Diversification is not just a good idea but could make all the difference on how intact your wealth will be a few years from now. Even the most optimistic investor might consider just a little more gold this time around. Gold Preserves Wealth Gold is essential to the wealth of nations and the general health and well-being of the global economy. That is why central banks and other financial organizations, like the International Monetary Fund, hold tremendous amounts of gold bullion. Want further proof of how well gold preserves wealth? Just check today’s spot price of gold and compare it to 1970 when an ounce of gold was around $35. A person in business could buy a new suit for $35 back then. What can $35 purchase today? A modest dinner for one? A half-bag full of groceries? You wouldn’t be able to buy a suite with it. If you had purchased an ounce of gold in 1970 for $35 and converted it for today’s prices, it would still be enough to buy a brand new suit and probably some accessories. It’s not so much that the price of gold is going up, but rather the value of the dollar is slowly eroding before your eyes. The One-Ounce American Gold Eagle This episode’s feature gold bullion product is the one-ounce Gold American Eagle. Ken describes this beautiful bullion coin in vivid detail. The Gold American Eagle is the most popular bullion coin globally and is available in different sizes and denominations. The one-ounce American Gold Eagle is the largest gold coin produced by the US Government. Composed of 91.67 percent gold, the American Gold Eagle is 22 karats and has a slight brownish tint to its gold color because of its mix of 5.33 percent copper and 3 percent silver. Created by the United States Mint in 1985, the American Gold Eagle program was a groundbreaking achievement that immediately captured the imagination and attention of the world. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ In the days ahead, knowing the basics about gold can be helpful. We devote this episode to reviewing essential information about the precious metal, including standard terms and where to buy it. The Stock Market Crash of ninety percent, just before the Great Depression, wiped out all the gains of the Twentieth Century. Today, we’re in a far more giant bubble than in 1929. Today, we’re in the most giant “super” bubble in history. And, of course, today, there is no fixed supply, as the Gold Standard, tethering the problem. Today, our financial system has nothing to support it except a guaranteed lifetime of taxation. The Federal Reserve creates trillions of dollars whenever they want. The cost of money and its availability are essential aspects of a balanced fiscal policy. During the Great Depression, central banks used interest rates to heat up or cool down economies. The supply and demand of money could always be modified. The rate of return on lending and the cost of borrowing could be adjusted as needed. That anchor is no longer there because now the lender can always make as much currency needed to meet the demand with the adjustment coming from what the lender will accept as collateral. The printing and circulation of money at will is not a new idea. Humanity has always figured out ways to debase its currency. Fly-by-night developing countries don’t know when to stop, ultimately destroying their currency. We’re seeing the developed countries going down that same path, including ours. Gold is a beautiful metal. Because of gold’s malleability and low melting point, jewelers can make anything with this precious metal. Gold can be flattened into sheets or drawn out to a thin wire. Gold doesn’t rust and is amazingly inert, so the surface will maintain its beautiful luster and shine in pristine condition throughout time. The precious metal is abundant enough to serve as coinage but rare enough not to be readily available. Humans have always been physically and emotionally drawn to metal’s unique qualities. The socio-psychological impact of gold dates back to ancient Egypt, where the lustrous metal was symbolic of wealth, power, and wisdom. Gold has been used as a store of value since ancient times. Despite the difficulties involved with finding and extracting gold, humans have used it since they have learned to trade with each other; gold has always represented value. We always return to gold when other forms of man-made currencies no longer work. That is why gold will always have value through tough times and good times. What is a Karat? Gold purity is measured in karats. A karat is based on the proportion of gold in an alloy out of 24 parts. For example, 22K gold is 22/24 parts gold. The word karat should not be confused with the word carat. The word carat, spelled with a “c” is a unit to measure the size of a gemstone. Diversification is always a good idea. Any portfolio should have at least ten percent allocated to precious metals such as gold and silver, and that’s in stable times. Events such as the stock market crash in March 2020 are painful reminders that fortunes can be lost quickly. The dollar’s value has been consistently diminishing, and it will continue to do so, just as gold continues its slow but steady hold on reliable value. It has been said many times, and it bears repeating, gold is a hedge against inflation. Gold also adds stability. The Gold Britannia We introduce the featured bullion product for this episode of The Gold Standard with a great deal of reverence for the Gold Britannia. This “embodiment of the national spirit of the United Kingdom” became the official gold bullion coin of Great Britain in 1987 and has been struck every year since then. Britannia Gold coins contain one troy ounce of gold and have a face value of 100 Pounds (GBP). Gold Britannias, like many government-backed bullion coins, are issued in various fractional sizes. Gold Britannias used to be 22-Karat gold. In 2013, The Royal Mint upgraded the coins to 24-Karat (.9999 pure gold). The obverse features a portrait of Queen Elizabeth II. Different artists have contributed their talents to Her Majesty’s portrait since the coin was first minted in 1987. The reverse has Philip Nathan’s full-body majestic rendering of Lady Britannia standing at the edge of a cliff as if guarding the coast of England. She is a warrior depicted with elegant and flowing smooth lines yet powerful and a commanding force. Britannia, represented as a helmeted female warrior holding a trident and a shield, made its first appearance on Roman coins around 119 AD under Emperor Hadrian, considered one of the Five Good Emperors. The Britannia image was used again in 1672 by the command of King Charles II. Ken gives a brief lesson on the lineage of the Britannia image and how it has been revived many times on coinage over a two-thousand-year period. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ The US and the other world countries are in difficult economic situations that will be impossible to get out of comfortably. We devote this episode to the various warning signs popping up all around us. An excellent example of this dilemma is the wholesale printing of money that we often talk about. The Fed has been issuing reverse repurchase agreements on an unprecedented scale to offset the mountains of money they have created, but these knee-jerk tactics only kick the can further down the street. The Fed has announced that it will no longer add holdings in government bonds in the second quarter. So, hold onto your seats; interest rates are going to rise. Here are some of the other warning signs mentioned in this episode of The Gold Standard: Warren Buffett’s Indicator Signals Impending Crash Billionaire investor Warren Buffet warns of climbing inflation. Last year, Buffett’s favorite market indicator, which gives a rough barometer reading of the Stock Market’s valuation relative to the size of the US economy, hit 205 percent, signaling an overvalued stock market. The “Buffett Indicator” takes the combined capitalization of all publicly traded US stocks and divides it by the latest quarterly figure for Gross Domestic Product (GDP). Michael Burry’s Dire Warning You might remember Michael Burry’s character from the movie “The Big Short.” He was the intelligent American investor who predicted the mortgage loan collapse long before it happened. Now, Burry points out that speculation on the stock market has surpassed levels, not since the Roaring Twenties, and assets are more over-valued than before the dot.com bubble burst in the 1990s. The rampant speculation and the over-valued assets are just two of the storm systems converging on countries all over the planet. Another is the geopolitical strife which seems as unmanageable as the worsening economic conditions. When the bubbles finally pop and the irresponsible fiscal policies collapse, there will be an economic calamity, unlike anything we’ve seen before. Like the Securities and Exchange Commission and the Federal Reserve, so-called regulators are doing nothing to prevent any of it. Their actions contribute to the storm’s velocity. All the elements have come together in a pressure-cooker environment. The Alarm Bells of Rising Inflation Are Getting Louder The US began the decade with twelve percent inflation. The return of inflation is part of a more significant shift that has taken place in the global mindset. Central banks and governments bend over backward to prevent the everyday citizen from feeling the pinch of a financial crisis. The focus is on relief packages and patronage economic policies, protectionism, and short-term gimmicks. No one is thinking about how to stabilize the economy long-term. That’s why everyone needs to learn about what’s going on and take steps to protect their purchasing power. Twenty-five countries, including the US and China, have total debt above 300 percent of GDP. This level of disproportionate imbalance has never happened before. The Credit Suisse Gold Bar In this episode, Ken Russo shares one of his favorite Gold Bars, the Credit Suisse Gold Bar. Ken describes the gold bullion product in vivid detail that it is easy to imagine holding the shiny gold bar in your hand. He also explains why the Credit Suisse gold bar is a valuable and sound investment. The Credit Suisse gold bars set the standard quality and craftsmanship and are IRA-approved. The History of Credit Suisse The Credit Suisse company is over one hundred and fifty years old. Imagine that. The Swiss financial and precious metal company has survived two world wars and has thrived through dramatic changes in the economic and industrial landscape. Initially founded to help finance the construction and expansion of a railroad system to connect Switzerland with neighboring nations, the business has grown into a multinational organization with precious metal and financial entities worldwide. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ Host Dave Deno and guest Ken Russo, Sr. VP of the Midas Gold Group, talk about the fiat currency as a fraud perpetrated on the citizens of the US. Those who follow The Gold Standard radio show know that the US dollar, otherwise known as paper currency, is fiat money, which means that it is backed by, well, nothing. The only reason it works is that so many people believe in and have confidence in the same illusion. The masses of people and nations who hold it and use it to buy things have confidence that it does have value. In other words, the US dollar gets its value from faith alone. Fiat Currency is a Scam People are waking up to the fact that they’ve been led astray by the scam that fiat currency has any value. Every fiat currency that civilizations have ever created has ultimately become so devalued by its government to be rendered worthless. Fiat currency is a scam that arises from greed and ambitions to have more constantly. Just think about our recent history: the tech bust, the equities bust, and the housing market bust created by fiat currency. The Slow Death of Fiat Currency Ken shares firsthand observations of what has happened to the dollar’s purchasing power over decades. It’s heartbreaking and immoral. Please think of the people who have saved systematically throughout their life only to live long enough to see their purchasing power dwindle before them. We will see, in our lifetime, the US dollar put to the test. These podcasts are here to help protect people through sharing knowledge. There are alternatives. Even the central banks stack gold while publicly denouncing the precious metal as an artifact from the industrial age. “If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all of their property until their children will wake up homeless on the continent their fathers conquered.” Thomas Jefferson (1743–1826) Gold is Real Money Gold is truly a haven of stored value because it comes from the Earth. Long after the US dollar and associated coinage have been placed on exhibits in museums, gold will have done its accounting just as it has always done. It is God’s money, and man, try as he might, will never be able to create it. “Ninety Percent of Americans are Completely Unprepared for a Financial Lockdown” Dave references a quote from a former Goldman Sachs banker who said, “90% of Americans are unprepared for a financial lockdown.” It’s a final wake-up call that stresses the point that most Americans are still going about life, business, investing, and retirement planning as if nothing unusual is happening in our financial environment. The American Gold Buffalo The American Gold Buffalo is pure Americana. As the nation’s only .9999 pure 24-karat gold coin, the American Gold Buffalo is a coin you must see and hold to appreciate it truly. Unlike 22-karat gold coins (the American Gold Eagle), which have a brownish-gold color, the 24-karat American Gold Buffalo has a bright yellowish gold luster ingrained into a rustic surface. One of the striking aspects of the American Gold Buffalo is the reprise of James Earle Fraser’s classic Buffalo Nickel design from the early 20th Century. For this episode, Ken shares the impressive American Gold Buffalo bullion coin from the US Mint. Fraser’s design for the Buffalo Nickel is faithfully reproduced in its entirety, enlarged to the size of the breathtakingly beautiful one-ounce 24-karat American Gold Buffalo. The obverse is the chiseled profile of a proud Indian Chief, which Fraser based on three Native Americans, Iron Tail, Two Moons, and John Big Tree, a proud Seneca Indian Chief. The famous reverse shows Black Diamond, an actual bison who lived at the New York City Zoo at the turn of the Century. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ A Secure Start to the New Year Host Dave Deno and guest Ken Russo, VP of the Midas Gold Group, welcome New Year. The US economy and stock market are more over-leveraged and hyper-extended than ever before. We are experiencing new highs in inflation, and the latest news is that there is more stimulus on its way. Ken’s message is for listeners to take action to begin securing the preservation of their wealth immediately. The Great Artificial Construct If you’re one of those who think the market has the resiliency to bounce back after being knocked down, you might be in store for an unpleasant surprise. We have corporate America funding itself by rolling over cheap debt and then using it to do stock buybacks to boost the share price. Higher interest rates would nullify the buyback effect and wipe out companies that wouldn’t be able to make their debt service payments. The Perfect Economic Storm is Brewing The unstable atmosphere of our economic climate continues to build pressure. The ingredients include the lowest interest rates in history, the fall of global bond yields, the Feds addition to unlimited currency creation (quantitative easing), the highest levels of CBOE, or the Fear Volatility Index, and the looming threat of stagflation. These are conditions that create a perfect scenario for gold. Stagflation is the condition of high inflation combined with stagnant economic growth. The Coming Flood Imagine being trapped in a chamber with the walls closing in on you. The wall of rising inflation is on one side, and the wall of a market collapse is on the other. Combining the two will cause a chain reaction of credit market freezes and ultimately deflation. If the credit markets freeze, and there’s a good chance it will happen sometime this year, the economic damage that would soon follow will be devastating. It’s time to pay attention to the warning signs. After the Flood The Fed won’t standby idly and watch the carnage take its toll on the markets. The central bank will have to do what it did in the crash of 1987 when Greenspan liquified the financial system. Attempts at liquifying the banking system will lead to intractable inflation, which will raise prices on tangible assets like gold and other precious metals. Unlike the country’s situation in 1987, we have the added problem of runaway inflation. The accelerating momentum of inflation will continue to eat away at the value of the US dollar. As the dollar weakens, gold becomes stronger. As the country moves into the second quarter, the economic forecast looks increasingly gloomy, and gold’s spot price will rise. Like Russia’s military build-up along the Ukrainian border, geopolitical tensions also drive gold prices up. The Gold Canadian Maple Leaf As one of the finest gold bullions products in the world, the Gold Canadian Maple Leaf is extraordinary to behold and even more extraordinary to physically hold in your hand. Ken introduces the Gold Canadian Maple Leaf as one of his favorite gold bullion coins, next to the Gold American Eagle, of course. At .9999 pure gold, 24-karat, the Gold Maple Leaf is an excellent gold coin to have in your portfolio. In this episode, Ken explains why you would choose the Gold Canadian Maple Leaf to help protect your wealth in the years ahead. The Gold Canadian Maple Leaf is Gold IRA eligible. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/gold-bible/ In this special episode honoring Christmas, we talk about gold in the Bible and its use during biblical times. First, Ken comments on the two trillion dollars the Biden administration is adding to the national debt. The Government’s $2 trillion added to the national debt The fundamental problems that led to the financial meltdown of 2008 have never gone away. Actions continue only to magnify the issues. The bailouts, currency creation, market manipulations, derivative expansions, and growth of the “too big to fail” banks have continued to build pressure to bubbles that could burst any time. Kicking the can further down the street of accountability ensures that the next crisis will be much bigger and more impactful than anything we’ve seen before. The stored energy of multiple bubbles will explode one day, and it’s going to be a challenging time for many people, especially those who aren’t prepared for it. Remember, gold is physical. Gold provides insurance against the risks to which all digital currencies, including the US dollar, are exposed. Gold and Bible Gold and silver have been used as money since around the 7th Century BC. Gold is the eternal store of value throughout the ages. The Bible is rich with the use of Gold as a symbol for both physical wealth and spiritual well-being. The King James Version (KJV) mentions gold 417 times. From the first mention of gold in Genesis (2:12 KJV) to the tabernacle in Exodus 25:8.11, gold represents wealth, power, and prestige; but, far more valuable than that, gold becomes a metaphor for many things: abundance, the acquisition of knowledge, wisdom, and faith. Gold and its association with God Gold has been associated with divinity, even before the written word. Gold’s shimmery brilliance, indestructible yet malleable quality, has always inspired humanity to see it as something heaven-sent. Even before the birth of Christianity, gold has been seen as the ideal material to bridge earthly presence with the spiritual connection. The Bible offers us guidance on how we can live our lives in the way God would want us to. The Bible does this by providing examples of actions and consequences. It’s up to readers to take what they will and apply the lessons learned to different areas of life. The Bile also tells us about ancient history and gives us the perspective to see how behavior patterns repeat again and again as if asking the question, “When will the lessons be learned?” History repeats itself. Long before the US existed, many empires had risen and fallen. Governments have participated in the wholesale restrictions of freedoms. When we consider the lessons from the Bible, we see that there is no difference between the United States and ancient Greece, Rome, or any other country that relied on currency creation to expand its power and influence. Humankind’s greed remains unchanged. The practice of creating currency has always brought the demise of empires. And just like those empires, the ability of the US to dictate world economic policy will come to an end. The possibilities of that happening within our life seem to increase with each passing year. Now is the time to take steps to protect your financial legacy. The Istanbul Gold Refinery (IGR) one-ounce gold bar The featured bullion product for this special Christmas episode comes from Turkey. Although there is a wide variety of gold bar sizes available, Ken spotlights the most popular choice, the one-ounce gold bar. As the official gold refinery of Turkey, IGR is one of the world’s best sources for gold ingots and cast bars. The origins go as far back as 1995 when Halac Jewelry started a gold refinery in Istanbul near the Grand Bazaar. It was a relatively small operation until 2004 when the Istanbul Gold Refinery opened its large refinery in the goldsmiths’ city, including over 2,000 workshops, factories, wholesalers, and retail shops. IGR became famous for being the first refinery in Turkey to produce gold products with a high purity of .9999, 24-karat gold. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ The US economy is not healthy. The economy is fragile and growing weaker each day. Warning signs are showing up all the time; however, many investors underestimate how far the US dollar could fall. Host Dave Deno and guest Ken Russo, VP of the Midas Gold Group, discuss what many on Wall Street are not acknowledging. For the longest time, the Fed insisted that inflation would be temporary. They now admit that inflation will stick around a bit longer than expected. As we move deeper into 2022, one of the burning questions is how high will inflation go, how long will it last, and does the Fed have the tools, and the nerve, to tame it? Higher Inflation and Gold Gold is an asset with inherent value; therefore, it holds its value when other assets fail, eroded as the national currency becomes weaker and weaker. As this erosion of currency value takes a foothold, investors scramble to convert their cash holdings to gold to protect their assets’ value. That’s why gold is often considered a good hedge against inflation. The Economic Outlook for 2022 The rapid rise of inflation presents a much more significant threat to our economy and the stock market than the global pandemic. We’ve had the supply-chain breakdown, a tight labor market, and a burst of consumer spending as the lockdowns lifted. From groceries, gasoline, automobiles, and new homes, all of us have spent more on everything this year. For the first time in our nation’s history, we’ve engaged in mass helicopter money. The Treasury Department has sent six trillion, an average of $50,000, to each family in the US. The Federal Reserve printed four point five trillion dollars since the pandemic’s start. The Emperor Has No Clothes At almost twenty-nine trillion dollars, the national debt showcases the country’s addiction to a debt-based monetary system and way of thinking. Along with the rest of the global economy, the US is speeding towards a fiscal and monetary cliff. How Does the Stock Market Rally to Record Highs? Despite more economic uncertainty now than ever before, the year-to-date gains in the stock market have been astonishing. Last year was the global pandemic, supply-chain shortages, and the highest consumer prices we have seen in over forty years. Despite these challenges, the Dow Jones Industrial Average, an index of thirty of the most extensive blue-chips stocks in the market, is up nineteen and a half percent, the S&P 500 climbing twenty-eight percent, and the NASDAQ composite up twenty-three percent. Some would argue that the market is an indicator of things to come, and investors don’t believe Covid-19, or Omicron, will hurt economic recovery in 2022. As long as companies turn profits and consumers continue to spend, there’s no reason not to believe the market will continue its gains. The Money Liquidity Crisis or the Inflation Crash Another way to explain it is that the stock market is the most overvalued it has ever been in history. It is a house of cards propped up by massive fiscal and monetary stimuli. Earnings of the S&P 500 went up forty-five percent in 2021. The waves of stimulus have made the market look like it’s doing better than it is. The illusion of abundant growth creates an atmosphere reminiscent of the emotional exuberance of the Roaring Twenties. Just like the years leading up to the Great Depression, the market today overflows with speculators and trading on borrowed money. As Ken says in the program, “same story, different names.” We’ve had the dot com crisis, the sub-prime mortgage loan crisis. What are we going to call this one? Federal Reserve tapering, inflation, and the interest rates will inevitably come will dramatically impact the financial markets. The prices of stocks, bonds, and most other assets will decline as soon as the government ends stimulus, and they will have to at some point. A fiscal tightening will provoke a credit crisis and global recession. The Gold Britannia The featured bullion product for this episode is Europe’s first Gold bullion investment coin, the Gold Britannia, which, as Ken points out, represents a truly outstanding value for investors. The Gold Britannia can is available for much less than the Gold Eagle or the Gold American Buffalo. Like the Gold Buffalo, the Gold Britannia is .9999 pure 24-karat gold. Ken offers insights into the bullion coin’s design and its history. The Gold Britannia is approved for the Gold IRA program. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ Inflation on steroids is what conditions look like just before hyperinflation. If hyperinflation is pricing soaring over 50% in one month, inflation on steroids is somewhere around 20%. As of this writing, the official tally is 6.8% and rising. If you’ve gone grocery shopping recently or filled up your gas tank, you know the price increase is much more than 7 or 8 percent. It’s more like 20 percent. Year-on-year inflation rates continue to rise to their highest levels in several decades. Everybody asks will the increase be temporary or is it here to stay. The answer depends on who you ask. After receiving many complaints about higher prices, the Fed announced more aggressive policies to circumvent rising inflation and will probably raise interest rates in 2022. A recent report says investors’ top two 2022 concerns are inflation and the Fed raising rates at the wrong time. Higher Prices Are Here to stay Inflation on steroids has a base of currency supply increases mixed in with ample amounts of too much demand and too little supply. Conditions for a perfect storm of financial chaos continue to gather over our horizon. Any way you dice it, elevated prices will be with us for a while. Host Dave Deno and guest Ken Russo, VP of the Midas Gold Group, discuss the unhealthy practices of our nation’s fiscal policy. Instead of tightening the money supply to stop inflation, the Federal Reserve prints money. Fear of deflation drives the Fed, and they will do whatever is necessary to escape the trap of deflation. As the public realizes inflation isn’t as transitory as they were first led to believe, they begin to purchase more so they don’t have to pay even higher prices later, creating excessive demand and, ultimately, shortages. As the Dollar Goes Down, Gold Goes Up The main thing to remember is that currency’s purchasing power always goes down. The value of the US dollar never goes up. The US dollar has lost ninety-seven percent of its purchasing against gold since 1971. Eighty percent of the dollar’s purchasing power has eroded since 1980. As Ken Russo says, “If you want something strong and secure, something that is going to preserve wealth for future generations, physical gold is the only way to go.” Why Physical Gold and Silver? Owning precious physical metals such as gold and silver are the only assets that have never failed. Gold is a tangible asset of inherent value, and its purchasing power will never fall to zero. Gold, and its precious metal relatives, are entirely private financial assets and not part of the financial system. Precious metals are the few financial assets that are not simultaneously a liability. The wonderful thing about gold is that when you purchase it, it is yours. Vienna Gold Philharmonic For this episode, the featured bullion product is the official gold bullion for the Republic of Austria. The elegant Vienna Gold Philharmonic is also known as the Austrian Gold Philharmonic and came on the market in 1989. Like many government bullion coins, the Vienna Gold Philharmonic is available in different fractions. The designs by Chief Engraver Thomas Pesendorfer illustrate Austria’s commitment to its musical culture. The obverse features the sculpted image of the Musikverein Pipe Organ from the Golden Music Hall of Vienna, the home of the Vienna Philharmonic Orchestra. The reverse of the Vienna Gold Philharmonic presents an assortment of the musical instruments that make up the Vienna Orchestra. You will want to listen to Ken Russo’s vivid description of this unique and fantastic gold bullion coin from the musical capital of the western world. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ Host Dave Deno asks guest Ken Russo, VP of the Midas Gold Group, about a new word he has coined in his recent article, "It’s Only a Matter of Time Before We See Goldflation". What does the word “goldflation” mean? Like other words that use the t-i-o-n suffix, it’s a popular way to form nouns denoting “the action of” or “the result of” something. In this case, goldflation will result from the printing of paper currency and the untethered accumulation of debt. Eventually, the spot price of gold will reflect all the unwinding of paper assets like bonds and stocks. Increased demand from investors looking for ways to preserve their wealth will force gold prices much higher than they are currently. A bubble is the by-product of the rapid escalation of market value. It is the nature of economic bubbles to inflate quickly and then contract, just like a bubble bursts when it gets too big. Asset bubbles occur when the prices rise to levels way beyond historical norms. Historically, examples of asset bubbles include the Dutch Tulip Bubble, the South Sea Bubble, Japan’s Real Estate and Stock Market Bubble, the Dotcom Bubble, and the painful Housing Bubble that popped in 2008. We’re surrounded by more economic bubbles now than ever before in history. You could say the US economy is now one giant bubble, and it’s getting bigger with every passing day. One Giant Bubble Many economists have warned that the Housing Bubble that burst in 2008 was just a speed bump compared to what’s headed our way today. The central bank, also known as the Federal Reserve Bank, has lowered rates to the bone and printed currency hand over fist in what has become a massive fiscal policy experiment. It’s an experiment because it has never been done before, not on this scale, and it’s happening during multiple everything asset and credit price bubbles. Eventually, the thing is going to blow up. There’s too much pressure building inside it. All this massive bubble needs is one prick of a pin. Maybe that sharp tiny object will come from rising interest rates. The question is, when will it happen. A Voice Crying in the Wilderness The Gold Standard’s mission is to get the word on the US economy and inform listeners of ways they can begin to protect their wealth. Ken expresses popular opinions and ideas on mainstream media because people don’t want to hear them when they are in the throws of spending and buying ecstasy. Still, he’s here to raise the alarm about the impending economic collapse. The Margin Debt Issue Margin debt is another term discussed in the program. Margin debt is a loan a brokerage customer takes on by trading on the borrowed part of the initial capital. On the one hand, it can be effective to use leverage to buy more stocks, but on the other, it could be a quick way to dig a financial hole that’s difficult to escape. The market is seeing record borrowing to buy new shares. The latest report from Yardeni Research records $936 billion (up 40% from last year). That means increased risk for the stock market due to the combination of rising margin debt and falling stock prices. The Valcambi 50 Gram Gold CombiBar The featured bullion product for this episode is the unique CombiBars from the prestigious Valcambi Suisse Mint in Switzerland. Although Valcambi offers gold CombiBars in different sizes, the one discussed in this program is the 50 Gram Gold CambiBar. The Valcambi 50 Gram Gold CombiBar has individual sections looking much like a fine chocolate bar made of gold. There are fifty 1-gram gold cubes of .9999 fine 24k gold. Each 1-gram cube can separate from the sheet providing excellent divisibility. The Valcambi 50-Gram Gold CombiBar is a gold bullion product designed for a genuine financial crisis used for barter or trade. Valcambi Gold CombiBars are the best-produced multi-functional gold bar globally and benefit from Valcambi’s renowned craftsmanship. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ Today, we take the ability to own gold and silver coins and bullion for granted. It’s easy to assume that we have always had the right to buy and sell gold, but that’s not the case. When World War 1 erupted, the US and European countries suspended the gold standard to print enough money to pay for military expenses. Three years into the Great Depression, hard times made gold-owning citizens hoard their precious metal holdings, which stalled economic growth and worsened the depression. President Franklin Roosevelt issued Executive Order 6102, which revoked the further use of gold coins in circulation and demanded all citizens to surrender their gold to the government. Gold owners received $20.67 per ounce. It wasn’t until 1974, when President Gerald Ford signed legislation permitting the ownership of gold, that people could buy and own gold again. Being grateful for our rights in this country fortifies our appreciation for them. It also makes us good stewards of the US Constitution and all we hold dear about being Americans. Think of Benjamin Franklin, as he leaves the Constitutional Convention being asked, “What kind of government did you leave us?” He answers, “A republic if you can keep it.” Being thankful for something is foundational to taking care of it. Thomas Jefferson stressed knowledge as a keystone to self-governance. That democracy and education are interdependent. Jefferson is remembered uncritically for his ardent support for an educated public as a bastion against the encroachment of an overzealous government. The Gold Standard’s mission is to educate people about the importance of diversifying with precious metals like gold and silver and how owning gold and silver can protect buying power during times of economic uncertainty. Federal Reserve to Start Withdrawing Emergency Support for the Economy Ken Russo, VP of the Midas Gold Group, points out that the Federal Reserve has “definitely propped up the economies of the world. When it comes down, it’s going to come down like a house of cards.” There have been many manias throughout history. There was the Tulip mania in the sixteen hundreds, a bicycle mania in Britain during the seventeen hundreds, and, more recently, the Dotcom mania in 1999. Today, similar to the Roaring Twenties that led to the Great Depression, we are swept away by the joyride, there’s a great deal of speculation and gambling, but eventually, that’s going to end. When it does end, it’s going to be devastating for those who didn’t prepare. The featured bullion product for this episode is the prestigious and beautiful American Gold Eagle. This iconic bullion coin took the world by storm when it first appeared on the market in 1986 and continues to be the world’s most popular and highly regarded gold bullion coin. The new 2021 American Gold Eagle is a product of the Mint’s Artistic Infusion Program (AIP). It features a close-up profile of a Bald Eagle designed by artist Jennie Norris and sculpted by the Mint’s Medallic Artist Renata Gordon. The coin’s obverse resurrects Augustus Saint-Gaudens’s full-length sculpture of Lady Liberty from the Saint-Gaudens Double Eagle ($20 gold coin) series from 1907 to 1933. Combining history with modern influences, the reverse of the coin has designs by contemporary artists. The American Gold Eagles from 1986 to 2021 have a reverse design by Miley Busiek that shows a male eagle carrying an olive branch flying to a nest where a mother eagle protects her young. A former volunteer raptor handler, Miss Norris drew inspiration for her design from an appreciation for and deep connection with wildlife. When talking about the American Bald Eagle, she says, “The American Eagle is such a noble bird. I was hoping o capture the intensity of his stare through the close cropping (of the composition). His gaze speaks of pride and wisdom passed down through generations of time.” ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ It is time to buy gold while it is still affordable. At around $1,800 an ounce, the precious metal is already becoming difficult to afford by some people. Gold and silver have proven reliable, safe-havens from chaos and disruption for centuries. Projections anticipate the prices of both precious metals to rise dramatically over the next couple of years. As Ken Russo, likes to say, “Gold will be there when you need it.” Today we are confronted with rising prices and many other problems, but consider that all of the issues that caused the financial meltdown of 2008 have not gone away. In many ways, the world’s central banks, market manipulations, derivative expansions, and money printing continue to aggravate those conditions. These are troubling signs that the next crisis will be much larger, more intense, and more devastating than the financial crisis of 2008. The tidal wave of economic chaos headed towards us has never been seen before. All any of us can do is speculate what it’s going to be. Whatever socio-economic class you’re in, the key to economic survival will be the ability to adapt. It’s never been more critical than now to own some gold and silver. This subject of this episode is its the reason for being. Keno Russo wants to give you the facts and equip you with knowledge. The supply chain bottlenecks have lasted longer than most economists have expected. Inflation is making us pay higher prices, and the prevailing wisdom is that inflation is not transitory, but other problems are beginning to weigh down the economy. Some economists are even warning of potential deflation caused by the disparity between technological advancements and the skilled labor to work these innovations. Skimpflation is the reduction of the quality of goods and services. Consumers get less for the same price. Many companies respond to rising prices by cutting their costs and skimping on quality. Skimpflation is another unfortunate byproduct of inflation that reduces overall living standards. Hyperinflation or deflation are both possibilities; in either scenario, the spot price of gold will increase. Gold preserves wealth. The present levels of inflation will cause gold prices to rise over time. In deflation, the gold price would also increase. Gold should be in everyone’s portfolio. The precious metal is one of the few assets that perform well in inflation and deflation. All indicators forecast gold prices to increase dramatically. Ken Russo points out that the spot price of gold was $300 in the year 2000. As of this writing, the spot price of gold is 1,800.There’s a lot of bitcoin talk. Bitcoin is a virtual currency created in 2009. They use peer-to-peer software and cryptography to facilitate transactions without government and bank oversight. Bitcoin, of course, is not tangible like gold. Gold cannot be hacked or digitally erased somehow. The world economy and international monetary systems today are turbulent. Gold is resilient during times of upheaval and has proven itself through the centuries. This episode’s feature gold bullion product is truly one of the most popular bars worldwide. The one-ounce gold bar from the Perth Mint in Australia represents high production quality (99.99 percent pure gold) and craftsmanship coveted by collectors and investors alike. Collectors appreciate the beautify and high level of artistic detail in the design of all of Perth’s minted gold bars, also known as Kangaroo bars. In contrast, investors appreciate the convenient size of the one-ounce bar, the affordable price, the security features, and its high liquidity due to the prestigious reputation of Perth Mint products in the global marketplace. Ken points out that bars are easy to understand what you have. You don’t have to know about any numismatic collectibility. The one-ounce Perth Mint Gold Bar correlates directly with the spot price of gold. The design of the one-ounce gold bar from the Perth Mint is striking. The obverse has “The Perth Mint Australia” logo, which features the stylized swan, which has become recognized as a symbol of quality. The Mint’s location in Perth inspired the original swan design. The Swan River runs through the city. The fineness of the bar’s content 99.99 percent “Pure Gold” 1 Ounce is inscribed proudly below. The bar’s reverse is no less striking as it displays a pattern of jumping kangaroos. Each of the kangaroos is polished, providing contrast between the surface of the gold. The one-ounce Perth Mint Gold Bar qualifies for the precious metals IRA. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ Dave Deno and Ken Russo, VP of the Midas Gold Group, continue their discussion about the dire state of the economy. Despite what officials proclaim publicly, inflation is not transitory. High prices for goods will be with us for a while. The annual inflation rate in the US reached a three-decade high of 6.2 percent in October. Price spikes will likely remain high in 2022. The Federal Reserve is under tremendous pressure to do what it can to limit the inflation rate to around 4 percent next year. As revealed in the conversation, the worry is not just about the current inflation. Food prices worldwide have risen to their highest levels in a decade. Prices for everything have multiplied over the past year. The 12-month producer price index for steel products was up one hundred- and forty-one-point six percent. Inflation is just one troubling ingredient. There are many red-flag indicators that problems with our economy will not resolve equitably. Between lack of leadership and bi-partisan bickering, the worst part is that we have a system that isn't working. The debt ceiling is the amount of money the government allows itself to borrow to pay its bills. These bills include things like entitlements such as Social Security. US bills also include paying the salaries of military personnel and federal employees. Any delays for payments from the government have a trickle-down effect on how it impacts ordinary citizens' lives. People who depend on the money don't get paid on time. Delays in raising the debt ceiling can also increase the cost of buying things on credit. The stock market would spin into tumult if the government decided to default on its loans. Living on credit has become such a way of life for the US and its citizens we hardly think of it. Debt is something we have learned to tolerate as a nation. Living beyond means seems to be a part of the American psyche. That's one of the reasons why our government keeps hitting the debt ceiling. The US has approached its debt limit 17 times since 2001. There have been many crises in recent years because Congress failed to authorize an increase in debt. The government continues to spend more money than it takes in. Unlike the national debt, the deficit is a consequence of spending more money in a fiscal year than what comes in through taxes and other revenue. The national debt is a loan to cover deficits. Currently, the government owes more than $28 trillion in debt. It's a huge debt that keeps growing year after year. Talking about the decay of purchasing power, host Dave Deno describes a vivid and haunting image from Germany's Weimar Republic. Germany went off the gold standard at the beginning of World War One. The number of marks quadrupled during the war. The citizens of the Weimar Republic didn't feel the impact of inflation because prices for goods did not match the currency supply. The World War had set the stage for uncertain and turbulent times, so people didn't spend the money. They saved it. Despite the government pouring tons of currency into the German economy, no one was paying it. Once confidence returned after the war, the people felt the plundering impact of the previous influx of currency. Gold was about 100 marks per ounce during World War One. A couple of years after the war ended in 1918, the precious metal moved between 1,000 and 2,000 marks per ounce. Those who kept their cash merely had 10 percent of their original buying power. A couple of years later, prices had risen another 700 percent. By the time the purchasing power of the German stock market fell 97 percent, the price of gold, which initially was 100 marks, climbed to 87 trillion marks per ounce. The value of the precious metal grew exponentially. Ken reveals his all-time favorite gold bullion product saying, "it's the most American coin out there." The American Gold Eagle is the most popular bullion coin globally and is especially popular amongst US citizens because it's pure Americana. Signed into law by President Regan in 1985 to revitalize the nation's precious metal bullion production, the American Gold and Silver Eagle program was an immediate success. Ken calls the American Gold Eagle one ounce a foundational piece and one that every American would be proud to hold in their hands. The obverse features are one of the most beautiful designs ever created for a coin, Augustus Saint-Gaudens's Lady Liberty from the $20 Gold Eagle (described in more detail below). The reverse features images of the American Bald Eagle. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ We discuss three stock market crashes, each one preceded by huge equity moves, record earnings, and wide speculation. The three boom-to-bust events are 1929, 1987, and the dot-com bust of 2002. You are probably familiar with all three of these financially devastating events, but you may be surprised to learn how gold responded during each one of these crises. Before a Thursday in late October of 1929, the stock market was booming. The roaring twenties saw many people who had never invested in the stock market jump on the bandwagon, wanting to rush in to buy shares. For a while, investors were making money hand over fist; in fact, some even took out loans or bought on margin so that they cut to get a more significant piece of the piece. But then, suddenly, the bottom fell out. People had lost their life savings. Those who had borrowed money to invest had not only lost money, but now we're in a financial sinkhole. Today's stock market has been booming like it was in the first part of the 1920s. Last November began with stocks on another tear, setting one record after another, but ended abruptly with the market in retreat. Now, the market seems to be on the upswing again. Who knows? By the time you read this, it might be dipping once again. The point is that conditions are unstable, debt is at an all-time high, and market activity seems to be fueled more by speculation rather than sound investments. There are other disturbing indicators as well. Consider the not-so-convincing rhetoric from government officials insisting supply-chain bottlenecks and inflation are temporary. It's difficult to tell if a stock market dip will turn into a crash. Usually, when a market correction occurs, it happens quickly and without warning. It took the market 25 years to recover from the impact of 1929. Stock market crashes hit with devastating impact, decimating portfolios intended to fund retirements and college educations. One of the warning signs of something wicked this way comes is the Fed's activities. Jerome Powell and the rest of the gang have kicked the can as far as possible. Now they're about at the end of the road. Thanks to all the money printing, the annual inflation rate is at a three-year high of 6.2%. That was as of October. Inflation is likely to remain high throughout 2022 and beyond. The Fed will have little choice but to raise interest rates to countermand the inflation rate, force it down to a less painful 3 to 4 percent. Investors don't like high-interest rates. It gives them a stomachache, but the Fed is all out of moves. When they raise interest rates, and they will, people will borrow less, corporate earnings will suffer, and stocks will backslide. Like a tornado coming in the middle of the night, it can all happen while you're sleeping. Inflation is the silent killer of the economy because its corrosive impact affects many areas that you wouldn't consider. All investments seem to rise as inflation increases. The actual return is less than you think, depending on the inflation rate. For example, an investment might return 10%, but the dollar inflated 20%, which is a loss of 10%. Precious metal values rise as the number of dollars increases. Gold and silver are eternal money and can always be relied upon to do accurate accounting no matter how hard officials try to fudge the balance sheet. History shows us how quickly conditions can change on Wall Street. All that you have worked for, earned and saved, can be gone before you have a chance to do anything about it. That's why the team at Midas Gold Group is eager to share their message with as many listeners as they can reach. During financial turmoil, bubble explosions, or market crashes, wealth is transferred from what is perceived as having value to that which holds intrinsic value; gold, and silver. The Gold Standard shines its spotlight on the official gold bullion product of the United States. The American Gold Eagle is the most popular bullion coin globally and is especially popular amongst US citizens because it's pure Americana. Signed into law by President Regan in 1985 to revitalize the nation's precious metal bullion production, the American Gold and Silver Eagle program was an immediate success. The American Gold Eagle is a foundational piece, one that every American would be proud to hold in their hands. The obverse features Augustus Saint-Gaudens's Lady Liberty from the $20 Gold Eagle. The reverse features images of the American bald eagle. The American Gold Eagle qualifies for precious metals IRA. ______________________________________________________________________________ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ The latest precious metals news: https://www.midasgoldgroup.com/news/

https://www.midasgoldgroup.com/ Inflation is Not Temporary While Treasury Secretary Janet Yellen maintains that they haven't lost control of inflation, the economic markers say otherwise. The question of whether-or-not price increases will fade away depends on whom you ask. Discover why Ken Russo, the SVP of the Midas Gold Group, says the country has already passed the point of no return. San Francisco is the Canary in the Goldmine Dave Deno kicks off this episode talking about San Francisco as a barometer of things coming our way as a country, the wave of vandalism and theft. Families in San Francisco are not feeling safe. The consensus is they need more help than they get from the police. Many have pulled their resources together and hired private security companies to patrol their neighborhoods and surrounding areas. The San Francisco Bay Area has been plagued with brazen shoplifting, organized theft, and property vandalism for months now. The chronic robberies have caused Walgreens to close 5 San Francisco stores, and other stores have begun to fortify entry and exit points with barriers designed to deter thefts. Could these events be a foreshadow of things to come? The Financial System is On Life Support Since 1971, the US dollar has been backed by nothing but a government decree, and every year, its purchasing power has become less and less. The government took the currency off the gold standard to print as much money as they needed to pay for problems and extend as much easy credit as they wanted. The Fed demonstrates none of the disciplines of stewardship necessary to keep the country's financial system in order. Ken Russo points out that the US printed 30 percent of the money supply just last year. When you get up to the cash register to pay for groceries, it seems like inflation is about the cost of a thing rising. Inflation is really about the devaluing of a country's currency. Another way to say it is the devaluation of US dollars makes those who hold onto a lot of cash get poorer. It bears repeating, "You can't get out of debt by creating more debt." Another power theme the series returns to again and again is this: The leadership deficit in the country is a reality. Don't rely on the government or the stock market to protect your spending power or wealth. Act now while you still can. The 1-Ounce Credit Suisse Gold Bar This episode's featured bullion product is the most popular single product in the precious metals industry. In this case, Ken Russo introduces us to the 1-ounce gold bar from the prestigious Credit Suisse Financial Service company. As a bank that first opened its doors in 1858 in Zurich, Switzerland, Credit Suisse is also its oldest purveyor of precious metals. Credit Suisse seals each 24-karat gold bar in plastic with a white assay card, which also bears the information about the bar. The 1-ounce Credit Suisse Gold Bar is eligible for purchase in a Gold IRA account. The bar's obverse features the Credit Suisse logo accompanied by information about the bar such as weight, metal content, purity, and serial number. The Credit Suisse logo decorates the reverse side of the bar in a repeated 45-degree pattern. The Difference Between Bullion Bars & Coins There's more difference between bullion bars and coins than just their shape. Governments issue bullion coins such as American Gold Eagles and Canadian Gold Maple Leaves. They are legal-tender money. Coins involve more steps, whereas bars have few steps and are manufactured solely for precious metal content value. While governments manufacture some bars, most come from private mints. ______________________________________________________________________________ Listen to The Gold Standard: https://www.midasgoldgroup.com/gold-standard-radio-show/ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Invest in Gold: https://www.midasgoldgroup.com/buy-gold/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/ Read the latest precious metals news: https://www.midasgoldgroup.com/news/