MidasGoldGroup

https://www.midasgoldgroup.com/ The Gold Standard sheds light on the critical issues we face today. Each episode presents insights into the future of our economic landscape! Join hostess Jennifer Horn and her guest Ken Russo, SVP of the Midas Gold Group, as they discuss why our financial system is dying, but more importantly, they discuss actions you can take today to help protect your wealth. Our country’s financial landscape is tricky to navigate. It’s hard to see what’s around the next corner. One thing is sure: for decades, we’ve had a leadership deficit. The nation has grappled with a shortfall in visionary and steadfast leaders capable of navigating the complex challenges of our times. The discussion opens with a stark assessment of historical and contemporary events, underscoring the absence of leaders who can unite, inspire, and effect lasting change. Through insightful analysis and candid commentary, Jennifer and Ken dissect the consequences of this leadership vacuum, touching on the socio-political, economic, and global implications. Drawing upon his extensive experience in the precious metals industry, Ken Russo brings a unique perspective to the conversation. He emphasizes that a robust and stable financial system hinges on tangible assets like gold and the quality of leadership guiding the nation’s economic policies. The duo highlights how ineffective leadership can exacerbate economic instability, leaving citizens vulnerable to the whims of a volatile market. Fractional reserve banking has an inherent fragility because they’re vulnerable to bank runs. There is always a risk that withdrawals might exceed available funds or reserves. It’s an integral feature of a bank’s business model. The delicate balance between depositors’ demand for immediate access to their funds and borrowers’ inability to repay on demand exposes a vulnerability within the system. As intermediaries, banks play a pivotal role in facilitating the flow of funds between depositors and borrowers. However, this arrangement creates a structural dilemma. A bank’s assets, typically tied up in long-term loans, cannot be swiftly liquidated in times of crisis to meet the demands of all depositors. This discrepancy sets the stage for potential panic-induced runs on the bank. In a world of economic uncertainties, diversifying savings and investments with precious metals like gold and silver emerges as a prudent strategy. Unlike traditional assets, these metals possess intrinsic value, a reliable hedge against inflation and market volatility. Their time-tested stability transcends geopolitical turmoil, providing a tangible anchor for wealth preservation. They offer a tangible form of wealth not offered by paper assets. Gold and silver act as a bulwark as foundational elements of a well-rounded portfolio, ensuring that the average person’s financial future remains safeguarded against the ebb and flow of global markets, inflation, and nations addicted to debt, like ours. Embracing diversification with precious metals gives you financial resilience. Silver, often overshadowed by its illustrious counterpart, gold, brings unique advantages to the table when diversifying precious metals. Silver plays a pivotal role in various industries, from electronics to green technologies. This dual nature gives it extra versatility, as its demand extends beyond investment purposes. Silver’s relative affordability compared to gold also allows for more accessible entry points for investors. Its historical correlation with gold also provides a stabilizing effect, enhancing the overall resilience of a diversified portfolio. By incorporating silver into one’s investment strategy, individuals benefit from its intrinsic value and tap into its strategic significance across a spectrum of industries. The One-Ounce American Silver Eagle is an emblem of America’s inauguration to silver bullion. In response to the Coinage Act of 1985, which mandated the minting of silver coins to utilize the country’s silver resources, the American Silver Eagle was born. Its design, a masterpiece by Adolph A. Weinman, draws inspiration from the iconic “Walking Liberty” that graced the half-dollar coin from 1916 to 1947. This exquisite rendition showcases Lady Liberty, draped in the American flag, striding towards a brighter tomorrow. The reverse features a heraldic eagle, symbolizing strength and national pride. This coin embodies the rich heritage of American coinage and serves as a tangible representation of economic stability. ____________________________________________________________________________________________________ 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/ Welcome to a gripping episode of The Gold Standard, where hostess Jennifer Horn engages in a compelling discussion with precious metals expert Ken Russo. Join them as they delve into the imminent economic storm, exploring its facets—from banks on the brink of insolvency and the encroaching dominance of government-backed digital currencies to the mounting geopolitical turbulence. In this insightful conversation, you’ll uncover the vital significance of gold and silver as steadfast safeguards in these uncertain times. Discover how these precious metals can fortify your investment portfolio against the challenges ahead, ensuring financial security amidst evolving paradigms. The Dow Jones Industrial Average plummeted by 361 points amidst recent market turmoil. The S&P 500 and Nasdaq suffered 1.2% and 1.1% declines, respectively. Banks like JPMorgan Chase and Bank of America falling around 3% intensify concerns about what lies ahead. Economic unease from China’s disappointing retail sales, manufacturing output, and interest rate cuts has reverberated globally, leading to over 1% losses in the Hang Seng index and FTSE 100. In tandem, 10-year US bond yields surged to their highest 2023 levels, signaling increased volatility. Amid uncertainties and economic shifts, the value of diversification becomes evident. Precious metals like gold and silver, tangible assets that stand the test of time, are nothing less than, as Ken says in this episode, “a lifeboat. It’s a lifeboat in times of trouble.” Recent events have stirred unease in financial markets, from the collapse of multiple US banks to the acquisition of Credit Suisse by UBS and the declining share value of Deutsche Bank, triggering concerns of a looming banking crisis. Meanwhile, China’s assertive push for its currency over the petrodollar inflames an already hazardous situation. Safeguarding your financial security is a concern. It is essential to stay up-to-date, prepare yourself for uncertainties, and be proactive. “You can’t get fire insurance for your house when it is already on fire.” Informed and diversified investors are always better protected from the unexpected and equipped for long-term success. A comprehensive grasp of the economic landscape and collaboration with experienced financial advisors are crucial in crafting effective strategies that align with individual risk tolerances. The rise of Central Bank Digital Currency (CBDC) poses profound threats to financial privacy, underscoring the urgency of diversifying with precious metals. CBDCs, essentially digital versions of national currencies, enable central banks to monitor and track transactions with unprecedented granularity, potentially compromising individuals’ financial anonymity. The shift towards a cashless society intensifies this risk, as every financial move becomes traceable. Precious metals like gold and silver offer an alternative shield against such encroachments on privacy. Their tangible nature and historical value make them immune to digital surveillance and government control. By diversifying into precious metals, individuals can safeguard their financial privacy and retain autonomy over their assets, countering the erosion of personal financial freedom that CBDCs will bring. As paper assets lose their former value, the looming “Tipping Point” demands proactive steps to preserve wealth. Gold and silver emerge as robust safeguards against economic uncertainty, offering stability during this unprecedented era of global fiat currency, money printing, fractional reserve banking, geopolitical tension, and a severe leadership shortage. As inflation adjusts gold and silver values, we will likely see one of the most enormous shifts in wealth in history. The one-ounce Canadian Gold Maple Leaf stands as a symbol of both financial significance and exquisite craftsmanship. Struck with unparalleled precision by the Royal Canadian Mint, this iconic coin embodies the inherent value of gold as a timeless store of wealth. Its purity, with a gold content of 99.99%, exemplifies the commitment to quality that the Canadian Mint upholds. Beyond its financial worth, the coin’s design, featuring the striking maple leaf—an emblem of Canada’s natural beauty—evokes a sense of national pride and admiration. The Canadian Gold Maple Leaf captures the essence of elegance, strength, and enduring value, making it a coveted treasure for collectors, investors, and those who appreciate the blend of monetary importance and aesthetic allure. ____________________________________________________________________________________________________ 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/ Hostess Jennifer Horn and her special guest Ken Russo, SVP of Midas Gold Group, discuss “Our Dying Financial System.” Gain valuable insights into the vulnerabilities of traditional currencies and the role of owning physical precious metals to protect your spending power. The recent difficulties in banks remind us how fragile our financial system is. Since the 2008 global financial crisis, our economic system has become more vulnerable to problems. Problems in the financial markets make things harder for central banks. And to make things even more complicated, prices for items continue to rise more than expected. Your dollar continues to buy less. Jennifer and Ken help us understand the economic challenges ahead and remind us that there are steps we can take to protect our finances. But as Ken points out, “You can’t buy fire insurance for your house when it’s already on fire.” One prime example of market fragility shines a spotlight on the Treasury market’s liquidity. This seemingly secure haven exposes the vulnerability in times of stress, as witnessed in events like the 2014 flash crash, the 2019 repo market pressures, and the disruptions brought on by the Covid-19 pandemic in 2020. The aftermath of the 2008 crisis casts a shadow over the present financial landscape. The extensive quantitative easing that followed the crisis led to an expansion of the Treasury market, surpassing buyers’ capacity to hold such assets. Global shifts and US-China decoupling add further complexity, with Asian nations, once buyers, now becoming sellers. The Federal Reserve aims to reduce its T-bill holdings through quantitative tightening. The role of big banks as broker-dealers in the Treasury market faces challenges due to post-2008 regulatory constraints. This situation can lead to market illiquidity, raising questions about the reliability of US Treasuries as a haven. Why do banks receive special treatment? While banks are undeniably safer post-2008, their discontent with capital requirements raises questions. The disparity becomes even more apparent when comparing their single-digit capital requirements with other industries holding multiples of that. Banks take calculated risks to maximize profits and do it with your money. The financial system’s pace of innovation continues to outstrip regulatory efforts, paralleling scenarios leading to the 2008 meltdown. The priority of our financial system is Wall Street, not Main Street. There is an apparent disconnect between financial market interests and the real economy. The financial system is still dealing with the fallout from 2008. There’s tremendous risk in the markets, and it’s getting riskier by the day. There is no substitute for owning physical gold and silver to safeguard your wealth. While seemingly convenient, paper ETFs and gold mining stocks expose investors to counterparty risks and systemic vulnerabilities. The true strength of gold and silver lies in their tangible nature – they are wealth you can hold, immune to digital glitches and market manipulations. In times of crisis, when confidence in financial markets wavers, the enduring allure of precious metals shines brighter than ever. History has shown that during currency devaluations, hyperinflation, and economic meltdowns, physical gold and silver have preserved purchasing power while paper assets collapse. ETFs and mining stocks can falter due to factors beyond your control, such as the solvency of counterparties and the complexities of corporate management. To navigate the uncharted waters of geopolitical tensions and the global economy, you need the timeless security and reliability of tangible gold and silver – the ultimate store of value. The 50-gram Gold Valcambi CombiBar is a modern marvel, encapsulating the essence of convenience and value in its sleek design. Comprising fifty individual 1-gram squares of pure 24-karat gold, this ingeniously crafted bar offers a new dimension to gold ownership. Its segmented structure grants investors the flexibility to diversify their holdings while retaining the intrinsic worth of each gram. The CombiBar represents accessibility, allowing individuals to own a tangible precious metal without the commitment of larger denominations. In a world where economic fluctuations and uncertainties abound, this innovation in gold ownership offers a balance between flexibility and security. ____________________________________________________________________________________________________ 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/ Hostess Jennifer Horn talks with guest Ken Russo, SVP of the Midas Gold Group, discussing “Our Leaders are Delusional.” They point to economic indicators spotlighting the nation’s reliance on debt and unprecedented money printing to offset it. The duo sheds light on the implications of the US credit rating downgrade and the fragility inherent in the banking system. Jennifer and Ken paint a vivid picture of the intricate economic landscape, encouraging listeners to contemplate the consequences of leadership decisions on the nation’s financial well-being. This episode explores crucial issues that impact every citizen and what they can do to protect themselves financially. The grand experiment of global fiat currency has its share of challenges, revealing cracks in its foundation. As time progresses, it becomes evident that this system has struggled to deliver the intended stability and security. The potential for an eventual implosion looms large, driven by excessive money printing, mounting debt, and economic imbalances. The average citizen is growing wary of the risks inherent in this system, concerned that they might bear the brunt of its downfall. As problems with the global fiat currency become increasingly apparent, individuals seek ways to safeguard their financial futures and assets, underscoring the urgency of preparing for potential shifts in the economic landscape. The recent downgrade of the US credit rating by Fitch Ratings has ignited discussions about its potential impact on the average citizen. While the stock markets experienced a dip in response, experts suggest that this downgrade is less of a primary concern than in previous instances. The decision attributed more to political discord in Washington than to financial instability on Wall Street, points to eroded confidence in fiscal management due to repeated debt-limit standoffs. A credit rating downgrade can lead to many consequences, perhaps the most obvious being an increase in the country’s borrowing costs due to a perceived more significant risk of default. As a result, the US Government may have to pay more interest on its new debt issues, further deepening its debt burden. Investors might witness increased volatility in both stock and bond markets. Interest rates could rise across various forms of debt to account for heightened risk, possibly leading to higher mortgage and credit card rates, potentially impacting household budgets. However, the consensus remains that a default is unlikely since the US can print as much money as it likes. The banking industry is in a precarious state, as recent events point to a fragile banking system that might continue to experience challenges in the coming years. We probably haven’t seen the last of bank closures. A trifecta of concerns raises red flags: • Deposit costs have led to higher expenses for retaining deposits amidst competition from money market funds. • Bond losses due to rising interest rates impact securities’ value and bank profitability. • The anticipation of losses in commercial real estate loans due to low occupancy rates. Amidst economic uncertainties and potential market volatility, considering the diversification of paper wealth into tangible assets like gold and silver is a prudent strategy for the average citizen. These precious metals have proven to be safe-haven assets, capable of preserving and even enhancing one’s spending power. Unlike paper currencies subject to inflation and devaluation, gold and silver, although severely manipulated, have maintained their intrinsic value over long periods. Precious metals serve as a hedge against inflation, economic downturns, and geopolitical turbulence, offering a reliable store of wealth. The Mexican $50 Gold Peso holds profound historical and cultural significance, making it a cherished and sought-after numismatic treasure. Gold Pesos were minted between 1921 and 1947. This iconic coin bears the image of Winged Victory, symbolizing Mexico’s triumph over oppression and its struggle for independence. Its weight of 1.2057 troy ounces of gold underscores its intrinsic value, appealing to collectors and investors alike. As a tangible link to Mexico’s past, the $50 Gold Pesos represents a tangible connection to the nation’s rich heritage and a testament to its resilience. THE GOLD STANDARD keeps you informed about trends in our nation's economy and gives valuable insights into the consequences of our monetary policies. The series promotes precious metals as a safeguard for your financial future. Stay informed on all the latest developments impacting our financial realm. Stay informed. ______________________________________________________________________________________________________ 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/ Hostess Jennifer Horn leads us into a conversation about our broken financial system. Ken Russo, Vice President of the esteemed Midas Gold Group, joins her for a discussion that goes to the heart of our modern economic landscape. From the pivotal moment, President Nixon took the dollar off the gold standard to the present-day chaos, marked by recent bank failures, the Fed’s interest rate hikes, and the downgrading of our nation’s credit rating, this episode shines a spotlight on the cracks in our financial foundation. Join us as we explore the nuanced complexities of our “broken financial system,” unraveling the past to illuminate a path forward in these uncertain times. While our nation’s financial system stands at a crossroads, it’s nothing new. We’ve been heading in this direction for a long time. Lately, there has been one indication after another that our system is failing. The relentless printing of money and the piling up of excessive debt have strained the system’s resilience. At the same time, the intricate web of fractional reserve banking has added complexities that seem unsustainable. Inflation continues to loom. It erodes our purchasing power and diminishes the value of hard-earned wealth. The economic machinery is stuttering. The cracks are warning signs that we must take steps to protect our wealth. The national debt, as of August 4, 2023, is $32 trillion. That’s $97,507 for every person in America. Routinely, the federal government spends more than it takes in. The government must borrow the money to cover the annual deficit. Each year’s deficit adds to our growing national debt burden. Aging baby boomers, rising healthcare costs, and a tax system that doesn’t bring in enough money to cover what the government promises its citizens. There is a mismatch between spending and revenues. “The interest on our debt is more than what we pay for the military, and it’s going to get worse.” —Ken Russo, SVP of the Midas Gold Group The burden of interest on the national debt has grown staggeringly, casting a long shadow over our economic stability. Each year, a substantial portion of our resources is diverted toward servicing this debt, hampering our ability to invest in vital sectors such as education, infrastructure, and healthcare. As the weight of interest payments continues to mount, it serves as a stark reminder of the urgent need to address our reliance on borrowed funds and to chart a sustainable path towards fiscal responsibility and long-term prosperity. Fractional reserve banking exposes banks to the risk of bank runs. This year, we’ve seen plenty of examples of how a bank run happens. Suppose many depositors want to withdraw their money simultaneously. In that case, the bank may not have enough cash reserves to meet the demand, which can lead to a bank failure. Fitch Ratings surprised us by announcing a US sovereign credit rating downgrade from AAA to AA+. The rationale includes anticipated fiscal decline over three years, growing government debt, deterioration of governance, and widespread polarization. The Fed’s rate hikes escalated debt servicing costs by 25% in nine months, reaching nearly $70 trillion over three decades. Lower credit ratings mean higher interest rates, which only adds to what the Fed’s already doing. Gold and silver serve as reliable hedges against rising interest rates, potential bank failures, credit downgrades, and the broader monetary system collapse due to their historical status as stores of value, immune to direct government control, and universally recognized as tangible assets offering stability and wealth preservation in times of economic uncertainty. The one-ounce American Gold Eagle symbolizes timeless beauty and enduring value in precious metals. The one-ounce American Gold Eagle is 22-karat gold. Its masterful design features Lady Liberty in a radiant stride on the obverse, representing ideals of freedom and opportunity that define the American way of life. The design’s intricate details, crafted by the renowned sculptor Augustus Saint-Gaudens, evoke a sense of national pride and heritage. The reverse design shows a family of majestic eagles. It symbolizes the unity and strength that America represents. Holding an olive branch and arrows in its talons, the eagle symbolizes peace and preparedness, reflecting the nation’s journey through history. The American Gold Eagle is more than a precious metal coin but a testament to the American spirit and the enduring allure of gold as a reliable store of wealth. Holding this coin is to have a piece of artistry and legacy that resonates across generations. ____________________________________________________________________________________________________ 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 special episode of The Gold Standard, hostess Jennifer Horn and her guest Ken Russo, are joined by another founder of Midas Gold Group, James Clark, also a Marine Corp. veteran. The three explore the significance of precious metals in safeguarding your retirement investments. President Richard Nixon took the US off the gold standard on August 15, 1971, due to several economic challenges: trade imbalance, rising inflation from the Vietnam War, and speculative attacks on the dollar where investors and other countries question its stability and value. The gold standard linked the dollar’s value to gold, but constant outflows to settle trade imbalances and international pressures prompted Nixon’s decision. Suspending the dollar’s convertibility into gold (Nixon Shock) gave the Fed free reign over monetary policies and ended the fixed exchange rate system, transitioning major currencies to floating rates. Nixon marked the start of fiat currency, where money’s value relies on trust in the government rather than being backed by a physical commodity like gold. Inflation is the persistent increase in the general price level of goods and services, eroding the purchasing power of money over time. For the average person, inflation significantly affects savings and investments, diminishing their value. Investments should outpace the inflation rate to protect against inflation’s adverse effects. Precious metals historically outperform inflation. Diversifying portfolios with precious metals preserve purchasing power because it outpaces inflation. Staying informed and proactive will help you make wise investment choices that safeguard wealth from inflation’s impact and work toward financial goals. The collapse of banks like Silvergate Bank, Silicon Valley Bank, and Signature Bank in March 2023 is a reminder of the risks of relying solely on the banking system for savings and investments. Unforeseen factors like undercapitalization and deteriorating loan quality can lead to severe consequences, including loss of funds. Gold is considered money due to its intrinsic properties, making it a reliable store of value and medium of exchange. Throughout history, civilizations have recognized its rarity, durability, and universal appeal, bestowing it with enduring value. Unlike fiat currencies, which governments and subject to inflation can influence, gold’s scarcity ensures its stability over time. Its time-tested role as a form of money is underpinned by the trust it garners as a tangible asset. As a result, gold continues to be embraced by investors and central banks worldwide, solidifying its status as a timeless and trustworthy form of money. Gold and silver appeal to a diverse range of savers and investors. Conservative individuals value them for capital preservation and stability, while retirement planners seek their protection against inflation and economic uncertainty. Diversification seekers appreciate their low correlation with traditional assets, and long-term savers see them as a wealth preservation tool. For risk-averse individuals, these metals offer a defensive strategy during economic downturns. Globally recognized and historically valuable, gold and silver can provide a secure foundation for various investment strategies. Consider your financial goals, risk tolerance, and time horizon before including precious metals. In the post-pandemic era, US consumers confront economic challenges, with alarming statistics signaling potential financial instability. A two-year inflation surge and $17 billion household debt raise concerns about the erosion of purchasing power. Mortgage rates at 7% and credit card interest rates near 25% strain budgets. Over 450,000 job cuts in 2023 heighten anxieties about job security and income prospects. Seeking a reliable hedge, many turn to physical assets like gold and silver, historically serving as value stores during turmoil. Diversifying into these metals protects wealth from inflation and market fluctuations. Tangible assets offer security and a prudent strategy to safeguard financial well-being. The Gold Standard reminds us of the value of diversifying savings and investments beyond traditional options. Subscribe now and embark on a journey towards financial resilience. ____________________________________________________________________________________________________ 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/ Welcome to another thought-provoking episode of The Gold Standard with Jennifer Horn and Ken Russo, Senior Vice President of the Midas Gold Group. Jennifer and Ken talk about the US dollar’s vulnerability to collapse, stemming from the reckless printing of money and our nation’s addiction to debt, resulting in the debasement of our currency, which is, at its core, built solely on the faith in the government. Discover the truth about the Federal Reserve—the seemingly “federal” entity that isn’t federal. Owned by banks and shareholders, it wields immense power over interest rates and fiscal policy. The Fed gladly prints money, lends it to the government, and profits from interest charges. Sadly, this relentless money creation erodes our purchasing power, causing an ominous future for monetary policy. The Federal Reserve remains an enigmatic force within American society. Operating as a complex, multitiered system, it draws most attention to the Board of Governors in Washington. Surprisingly, the regional reserve banks in New York, Boston, Philadelphia, San Francisco, and Dallas are privately owned by banks in each region. Although the Board of Governors has government oversight, it operates as an unusual hybrid, combining private bank ownership with government control. Ken Russo enlightens us on the intricacies of the Federal Reserve System, shedding light on how it functions and the tools it employs to execute monetary policy—beginning with the pivotal moment in 1971 when President Nixon removed the US from the gold standard, ushering in a new era of potential consequences. Unveiling the implications of this decision, Ken discusses how the Federal Reserve Banks now hold the power to print money and lend it to the government while charging interest. As responsible citizens, we bear the brunt of these actions through taxes. The value of the US dollar is perpetually at risk with relentless money printing and mounting debt. Similar patterns have occurred throughout history, and they always, without fail, hurl nations toward economic turmoil and uncertainty. Understanding the past gives us foresight, which is particularly significant when studying the rise and fall of markets. Monetary history unfolds cyclically, a perpetual process wherein currencies rise to prominence and inevitably collapse as the pendulum swings between quality money and quantity currency. The cycle commences with a monetary system and economy grounded in a commodity like gold, with its supply increasing slowly alongside economic growth. However, as time progresses, the system shifts away from the underlying value of gold, eventually replacing it with fiat money – mere paper money backed by nothing of intrinsic worth – which can be printed without restraint. Consequently, the value of each unit of currency is debased over time, inevitably leading to a market crash. This debasement can occur by replacing the currency’s foundation with an unlimited supply or by adulterating coinage with base metals. Awareness of this cycle is paramount as we navigate the present and seek to safeguard our economic future. As the US dollar’s foundation falters, Jennifer and Ken explore the time-tested role of precious metals as a safeguard against economic volatility. Ken elaborates on the historical significance of gold and silver as hedges against currency debasement and inflation. They discuss the virtues of diversifying one’s investment portfolio with physical assets, ensuring protection and preservation of wealth during financial uncertainty. First minted by the prestigious Perth Mint in 1987, the Australian Gold Kangaroo remains one of the most popular gold bullion coins from the Perth Mint. Renowned for its exceptional quality and artistic design, the Gold Kangaroo captures the essence of Australia’s unique wildlife and cultural heritage. Struck from .9999 fine gold, the coin’s purity and craftsmanship appeal to collectors and investors worldwide. The coin’s iconic depiction of a kangaroo in motion on the reverse side and Queen Elizabeth II on the obverse symbolizes the nation’s natural beauty and historical ties. As a trusted investment option and a treasured collectible, the Australian Gold Kangaroo stands as a symbol of Australia’s rich gold mining heritage and continues to captivate enthusiasts and bullion buyers alike. ____________________________________________________________________________________________________ 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/ Welcome to a new episode of THE GOLD STANDARD – your source for secure investment opinion and information on the advantages of owning physical precious metals. Hostess Jennifer Horn, and her guest Ken Russo, Senior VP of the Midas Gold Group, discuss the state of geo-politico economics and how these various things could impact your retirement savings and investments. Together they explore the ever-changing landscape of geo-politico economics and its profound implications for retirement savings and investments. Ken draws our attention to many troubling trends, such as disturbing plans coming out of the World Economic Forum. Established in 1971, curiously the same year Nixon took the US off the gold standard, the World Economic Forum, or WEF, brings together influential leaders from various sectors, including government, business, academia, and civil society. The mission of the WEF is to solve some of the world’s most complex challenges through collective action and collaboration among its diverse stakeholders. Klaus Schwab, the founder and executive chairman, clarifies that the organization wants to transform a buying system into a renting system with no monetary privacy. Ken quickly reviews the seven stages of an Empire and reminds us that historical patterns repeat themselves and that gold is still money and has been money for thousands of years. Governments, economists, and the powers that be on Wall Street disparage gold as money because to do so would limit their power and influence. There have been three international monetary system collapses in the twentieth century. There were 1914, 1939, and 1971 when Nixon took us off the gold standard. The subsequent collapse will come because more and more people worldwide will question the confidence of the US dollar as a value store. And we’ve seen signs of it already across the world. We’re witnessing the end of one cycle and fast approaching a new one. The new world order is taking shape in the form of Central Bank Digital Currency (CBDC). In this cashless society, all transactions are digital transfers and have digital records, and a planned 15-minute city, where everything you could need is a fifteen-minute walk from where you live. Suppose you stand back and look at the big picture. In that case, it’s all about governments having more control and monitoring every movement. The US Government is addicted to the rush of printing currency to cover its debts. They’ve been doing it for decades without a corresponding increase in the production of goods and services. High levels of sustained and unchecked money printing without the support of economic growth and prudent fiscal management lead to significant long-term financial challenges. These challenges will have a corrosive impact on your retirement savings. One administration after the other spends beyond its means. None of our leadership has stopped the presses long enough to deal with the underlying issues that keep accumulating government debt. Excessive money printing by the US is one of the contributing factors to the growing instability of the US dollar. Preserving the spending power of your savings over time involves diversifying your investments—precious metals like gold and silver are a reliable store of value and a hedge against inflation. By allocating a portion of your portfolio to these metals, you can safeguard against economic uncertainties and the erosion of purchasing power caused by inflation. Investing in precious metals provides a tangible asset that counterbalances traditional financial markets. Ken shows one of the many bullion products the Midas Gold Group offers. In this episode, he holds up a one-ounce Gold Maple Leaf. Minted by the Royal Canadian Mint, this iconic bullion coin showcases the remarkable craftsmanship and unwavering commitment to quality for which Canada is renowned. Struck from one troy ounce of 99.99% pure gold, the Gold Maple Leaf encapsulates timeless beauty and intrinsic value. Its obverse features a regal portrait of Queen Elizabeth II. At the same time, the reverse proudly displays Canada’s national emblem, the iconic maple leaf. With its impeccable design, superior purity, and trusted authenticity, the One-Ounce Gold Maple Leaf is a coveted asset for investors, collectors, and those seeking to preserve their wealth with a tangible and universally recognized form of currency. Whether admired for its aesthetic allure or embraced as a reliable store of value, the Gold Maple Leaf represents the epitome of excellence in the world of precious metals. ____________________________________________________________________________________________________ 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/ Welcome to a new episode of The Gold Standard with your hostess Jennifer Horn. In today’s episode, Jennifer is joined by Ken Russo, Senior Vice President of the esteemed Midas Gold Group, to discuss what you can trust and rely upon during times of uncertainty and turmoil. Jennifer and Ken explore the implications of this diminishing trust and how it affects your financial decisions and strategies. A few years ago, Ray Dalio warned that strong inflation is eroding people’s wealth. He said people shouldn’t be fooled into thinking they’re getting richer just because their financial portfolios are going up. “The United States spends more money than it earns and pays for it by printing money that is being devalued.” The direction of the US headed undermined the American-led world order since World War II. China is a rising power. The US Government is addicted to creating mounting levels of debt. Internal conflict over wealth inequality continues to build. With Nixon’s default on Treasury debt in 1971 and Roosevelt’s suspension of the gold standard in 1933, Ken reminds viewers to understand historical cycles in shaping investment decisions. Studying the historical patterns of monetary systems will give you a better understanding of how markets rise and fall. The Seven Stages of Empire, as described by Mike Maloney, provide a framework to understand better the currency cycle and its implications for the economy. The cycle typically begins with a monetary system based on a commodity like gold, which gradually transitions to fiat money that can be printed without restraint. The debasement of the value of each unit of currency over time leads to a loss of faith in the currency and, ultimately, a market crash. The seven stages of empire as it applies to US history: Stage 1 - Sound Money: The United States initially had sound money backed by gold. However, in 1913, the Gold Exchange Standard devalued the currency by more than half. Stage 2 - Public Works Programs: In the 1930s, President Roosevelt introduced massive public works programs funded through currency inflation and the end of convertibility of paper currency for gold. Stage 3 - Bretton Woods: The US dollar became the supreme world currency after World War II, backed by massive gold reserves and a trade surplus. Stage 4 - Never-ending War: The US transformed into a military/industrial state, with ongoing wars funded through deficit spending and currency inflation. Stage 5 - Eternal Inflation: In 1971, the US abandoned the gold-for-dollars promise, leading to the dollar becoming a pure fiat currency. The petrodollar system emerged, extending the dollar’s monopoly as the world’s trade currency. Stage 6 - Where We Are Today: US federal debt has soared. Inflation continues, and concerns about the dollar’s dominance have grown, especially with China’s emergence and its efforts to shift oil trading to the yuan. Stage 7 - Tomorrow: In the final stage, the currency collapses, and capital misallocations are rectified. The affected nation(s) will likely have to return to a fixed standard of monetary valuation, such as the gold standard or possibly a technological innovation like cryptocurrencies. Gold will ultimately reflect all the money the Federal Reserve has printed. Consider all the money that has been printed since the Covid excuse, all the currency since 2008, and the kick-the-can approach to handling the subprime mortgage crisis. The spot price of gold could go up multiple times what it is today. At some point, gold will ultimately reconcile the accounting. How can we be sure of this? Because, throughout history, it has always done so. Ken introduces one of the world’s most popular silver bullion products, the American Silver Eagles. American Silver Eagle holds great significance in diversifying personal wealth. Produced by the United States Mint, the American Silver Eagle contains one troy ounce of .999 fine silver, making it a tangible and valuable asset. Its iconic design, featuring Adolph A. Weinman’s Walking Liberty on the obverse and a heraldic eagle on the reverse, adds to its appeal among collectors and investors alike. Take proactive steps to protect your financial well-being. Remember, in these uncertain times, embracing the stability and value of assets like gold and silver can provide a solid foundation for wealth. Stay informed, stay diversified, and join us again on The Gold Standard as we navigate the ever-changing economic landscape. ______________________________________________________________________________________________ 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 of The Gold Standard delves into the erosion of the United States and how the country’s corrosion will impact retirement and your wealth. Hostess Jennifer Horn and her guest Ken Russo, Vice President of the Midas Gold Group, discuss the US increasingly resembling a banana republic. Ken Russo kicks things off by quoting from a recent essay by the Chief Market Strategist for Phoenix Capital Research, Grahm Summers, titled The US Is Now An Emerging Market. “Historically, the US was held up as the eminent developed nation with strong and stable institutions, the Rule of Law, and a dynamic economy. No longer. It is now clear that many of our most significant institutions in the US are corrupt. I’m talking about 3rd world, banana republic levels of corruption.” Once hailed for its robust institutions, adherence to the rule of law, and vibrant economy, the United States is now plagued by deep-rooted corruption that rivals third-world nations. From election interference to censorship of free speech, our most critical institutions are mired in malfeasance and double standards. With a once-booming economy, the nation has plummeted into a state of decline, with manufacturing and industry hollowed out, leaving us dependent on foreign regimes, many of whom are hostile towards us. We’ve seen the crippling of labor markets by individuals paid not to work while those who do work lack dedication and pride in their efforts. As if these issues weren’t alarming enough, the US now finds itself burdened by an astronomical debt-to-GDP ratio and a record-breaking peacetime deficit. The government shows no signs of reining spending, leaving essential infrastructure in disrepair. In light of these developments, it is no wonder that the US dollar behaves like an emerging market currency, raising concerns about its weakening purchasing power and viability as a store of value. The BRIC nations—Brazil, Russia, India, and China—are emerging economies with significant growth potential and influence on the global stage. This group of nations will work together to sever, in many ways, any reliance on the US. The unification of BRIC nations has implications for your savings and investments. As their currencies gain prominence, it could adversely impact the US dollar as the world’s reserve currency. Gold is one of those tangible assets known to hold its value. Diversifying investments and savings with tangible assets like precious metals is crucial for several reasons: 1. Precious metals, such as gold and silver, have historically maintained their intrinsic value and acted as a hedge against inflation and economic uncertainties. 2. They offer a tangible form of wealth independent of traditional financial markets. 3. Precious metals provide portfolio diversification, reducing overall risk and potential losses during market downturns. By including precious metals as a tangible investment, you enhance stability, preserve purchasing power, maintain privacy, and safeguard against the volatility of other asset classes. During the presentation, Ken shares two bullion products worth knowing about. The Valcambi 50-gram Gold Bar is a premium investment-grade gold bullion produced by Valcambi Suisse, one of the world’s leading and highly respected precious metals refineries. Each bar represents the precision and attention to detail that has earned Valcambi the reputation of producing world-class bullion products. The bar comprises 50 grams of pure 99.99% fine gold, making it a highly desirable asset for investors and collectors. Its compact size and weight make it an accessible option for those seeking to diversify their investment portfolio with tangible assets. Each Valcambi 50-gram Gold Bar features a distinctive design and a unique serial number, which ensures its authenticity and provides added security. The front side of the bar typically showcases the Valcambi logo, along with essential information such as the weight, purity, and the refinery’s name. The Valcambi Gold 50 Gram CombiBar is an excellent and highly sought-after investment product offered by Valcambi Suisse. The unique Valcambi CombiBar has fifty individual 1-gram gold squares. Anyone wishing to conduct trade can easily snap off as many sections as they need. The CombiBar holds significant significance for those looking to hold gold and envisioning its potential future use as money. Its divisible nature allows holders to exchange smaller increments of gold when needed, making it a practical option for potential transactions in a gold-backed economy. ______________________________________________________________________________________________ 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/ Series hostess Jennifer Horn, and her guest Ken Russo, SVP of the Midas Gold Group, talk about the difference between money and fiat currency. They discuss the potential consequences of multiple financial bubbles bursting and their impact on investors. Fiat “money” is not money, at least not in the way gold and silver are money. It’s better to use the term fiat currency. Fiat currency is not backed by a physical commodity like gold or silver but rather by the authority and public trust of the government or organization that issues it. “Fiat” refers to the proclamation of rule that declares a particular unit of account valued as money. Money, in general, is a contract between two or more parties that solves the problem of trading goods and services. It involves an agreement on the units of account (a way to measure value) and the exchange media. Standardizing these agreements creates efficient systems known as currencies. The concept of fiat money is relevant again when discussing Central Bank Digital Currencies (CBDCs). The authority of central banks backs these digital representations of fiat money. It aims to provide efficient and secure transactions in the digital age. Earlier episodes warn us about CBDC’s tremendous threat to our financial privacy, but it’s the same as cash in that there is no real store of value, not like precious metals. Gold and silver are the only real money, and they’ve always served as money since the dawn of civilization. The possibility of multiple financial bubbles popping all at once raises concerns about the potential consequences for the average investor. Financial bubbles occur when asset prices become detached from their intrinsic value due to excessive speculation and investor optimism. If these bubbles were to burst, it could lead to significant market corrections and widespread asset value declines. The impact on the average investor would depend on their exposure to the affected asset classes. Those heavily invested in bubble-prone sectors like technology, real estate, or cryptocurrencies could experience substantial losses. Bursting bubbles will trigger a broader market downturn and economic instability and affect investment portfolios. Now is the time for investors to diversify their holdings. On August 15th, 1971, President Nixon got on television and told everyone that the government would default on turning cash into gold. For many citizens, it was the first time they’d seen such an immediate currency devaluation. Older citizens could remember a similar event on March 5th, 1933, when President Franklyn Roosevelt got on the radio and did the same thing by confiscating everyone’s gold and making it illegal to own gold. Other things coming at us in the financial storm include the massive amount of debt creation, the accumulation of internal political conflict, and the widening gap between the rich and the poor. The chance of war is increasing. It could be an economic war or a military conflict, or both. Germany has just begun rearmament, which they haven’t done since World War II. The country is taking a more aggressive stance on re-militarizing and establishing security priorities, especially since Russia’s invasion of Ukraine. Nothing is certain. But we should learn from the patterns of the past. Consider how things were between 1900 and 1950. Make some comparisons between then and now. There is an old saying that seems appropriate for current times. If you worry, you don’t need to worry because that means you probably want to do something about it. If you’re not worrying, then you should worry. The weaponization of the dollar is the driving force pushing political and business leaders from some of the world’s largest economies to consider alternatives. Up until now, deciding on a viable option for the US dollar has been a struggle. On August 22nd, the leaders of the BRICS countries, namely Brazil, Russia, India, China, and South Africa, will meet to discuss the introduction of the BRICS+ currency. Twenty-five other countries want to join the BRICS union or adopt the new currency. While it is premature to speculate on specific outcomes, the continued collaboration and discussions within BRICS may potentially contribute to the diversification of international reserve currencies, challenging the dominance of the US dollar. The main takeaway is to always be prepared for the unexpected. Don’t assume things will stay the same. Being adaptable, and open to the idea of changing direction, is essential in navigating the unexpected. The Gold Standard offers a way to stay informed as the world of finance continues to evolve. ______________________________________________________________________________________________ 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/ Welcome to another episode of The Gold Standard, where we delve into the fascinating world of precious metals and their role in safeguarding your financial future. In this highly informative installment, your esteemed hostess, Jennifer Horn, is joined by Ken Russo. 2021 marked the 50th anniversary of President Nixon taking us off the gold standard. Immediately our dollars were no longer convertible into precious metal bullion. Nixon’s action untethered the currency, which is now measurable only by comparing it to currencies from other countries. Ironically, there were still restrictions on private ownership of gold coins and bars at this time. Not until President Ford signed a bill in 1974 could US citizens freely buy and trade bullion for the first time since President Roosevelt’s confiscation of gold in 1933. You don’t have to do much searching to find examples of gold being a reliable store of value. At the time FDR issued Executive Order 6102 in 1933, an ounce of gold was redeemed by the Fed for $20.67, which, in today’s value, is equivalent to $482.35. You could buy an ounce of gold in 1932 for about $482 in today’s dollars. Today, the average spot price of gold hovers over $1,900, while the value of the dollar has lost 92 percent of its purchasing power since 1933. Gold bullion is one of the most liquid assets in the world, with a daily trading volume of more than $145 billion. Not too surprisingly, taking the country off the gold standard introduced us to an era of runaway debt. Before 1971, there was a natural limit to printing money because the amount had to reconcile with the amount of gold sitting in the nation’s reserves, but that’s no longer the case. With no hard assets to back the currency, the government has adopted an addicted-to-debt mindset. The federal debt is at an astronomical $31.5 trillion (rounded off) and counting. You can’t think of the number without your eyes watering up, wondering how it will ever be paid off. The fact is, it’s never going to be paid off. The debt will keep growing, and the government will keep printing more cash to pay its bills. Anytime the government makes promises to its citizens without knowing how they will pay for it, which happens a lot, it is an unfunded liability. Examples of these include Social Security, promised to us by FDR in 1935, and Medicare, established by LBJ in 1965. Unfunded liabilities continue to grow; they outpace the US economy many times over. The federal government faces an unsustainable fiscal future. The escalating debt levels and poor leadership present a challenging landscape for the US economy and for each of its citizens. Jennifer and Ken shed light on the implications of this double whammy and how it impacts our attempts to save and preserve buying power. Gain valuable insights into the potential consequences and explore why owning physical gold is critical. As governments and currencies come and go, gold remains a steadfast symbol of financial stability and a tangible representation of wealth. The definition of money has three parts. It must be a medium of exchange; be a store of value and be a unit of account. Gold has all three, and that’s why it has been money since ancient times. Gold and silver have been utilized as forms of money throughout civilization, spanning numerous cultures and epochs. Societies have recognized these precious metals for their inherent qualities. Gold’s scarcity, durability, divisibility, and intrinsic value made it ideal for facilitating trade and economic transactions. Egyptians, Greeks, and Romans, the empires of the Middle Ages and beyond, have used gold and silver coins as trusted forms of trade. Even today, gold and silver retain their allure. Regarded as safe-haven assets, they offer individuals a tangible store of wealth in times of economic uncertainty. Fractional reserve banking has long been debated and criticized, with concerns about its inherent instability. The system operates on the principle that banks can hold a fraction of their deposit liabilities as reserves while lending out most funds. However, this practice is a pyramid-like structure with multiple layers of debt built upon a limited base of reserves. Fractional banking is inherently unstable. We have seen many examples of excessive risk-taking, speculative behavior, and abuses of power. The Gold Standard provides valuable insights into the importance of incorporating precious metals into your financial strategy. You’ll learn pathways toward safeguarding wealth and preserving purchasing power. For more enlightening discussions on the state of the economy and how precious metals can help protect your buying power, please subscribe to our channel. __________________________________________________________________________________________________ Gold IRA: https://www.midasgoldgroup.com/gold-ira/ Guide to Owning Bullion & Coins: https://www.midasgoldgroup.com/bullion-guide/

In this episode, Jennifer Horn talks about The Calm Before the (Financial) Storm with Ken Russo, SVP of the Midas Gold Group. Together they peel back the layers of our economic landscape and reveal the turbulence ahead. The problems we face today have been decades in the making. As an expert in the field, Ken Russo brings his extensive knowledge of finance and precious metals to the forefront, offering an informed perspective on the signs and indicators we need to know about. He recaps some of the most significant factors contributing to the approaching financial storm. From mounting debt levels worldwide, rate hikes, and inflationary pressures to geopolitical tensions and the bank liquidity crisis, Ken cuts through the noise and brings it all into sharp focus. He points out that “all our politicians have contributed to our country’s financial problems.” Chief among these troubles is the country’s sovereign debt, our national debt. The national debt, or sovereign debt, is the money government owes its creditors. The US national debt has reached staggering levels, presenting a significant concern that can have far-reaching implications for our retirement savings. The national debt was about $900 billion when President Reagan took office. However, today, the national debt has skyrocketed to over $30 trillion and continues to grow. To say we’re trending in the wrong direction is an understatement. This alarming trend raises serious questions about the long-term stability of our economy and the potential impact it can have on our retirement savings. As the debt continues to climb, it strains the economy and increases the risk of inflation and higher interest rates. Inflation erodes the purchasing power of our savings, making it harder to maintain our standard of living during retirement. To safeguard our retirement savings in this uncertain landscape, it becomes crucial to diversify our portfolios with tangible investments in assets like precious metals. Across the globe, countries are burdened with mounting debt, resorting to borrowing and printing currency to meet their financial obligations. This concerning trend raises serious questions about the long-term stability of the global economy and its potential ramifications for individual investors and retirement savings. As more countries engage in excessive borrowing and monetary expansion, inflation, and currency devaluation risk loom. Such economic challenges will erode the value of savings and investments. In times of turmoil and uncertainty, diversifying one’s investment portfolio with precious metals offers a tangible and reliable store of value. Gold and silver, with their enduring allure and timeless appeal, have long been recognized as crucial assets for protecting wealth. Unlike fiat currencies or financial instruments that can be subject to volatility and unpredictable market forces, precious metals provide a sense of security and stability. Their intrinsic value and limited supply make them tangible assets that can weather the storms of inflation, economic crises, and currency devaluation. By including gold and silver in your investment strategy, you establish a solid foundation and fortify your wealth against the uncertainties that lie ahead. These precious metals act as a shield, preserving your purchasing power and providing reassurance in times of financial turmoil. The 50-gram gold Valcambi CombiBar represents the pinnacle of ingenuity and convenience for precious metal investors. Crafted by the renowned Swiss refinery, Valcambi, this exquisite gold bar breaks down into 50 individual 1-gram bars, each securely stamped with its weight and purity. The innovative design allows investors to easily divide or combine the bar according to their needs, offering unparalleled flexibility and liquidity. The 50-gram gold Valcambi CombiBar is composed of .9999 fine gold, making it a prime example of the refinery’s commitment to producing high-quality products. With its elegant design and exceptional craftsmanship, this bar represents a valuable investment in gold. It showcases the beauty and prestige associated with owning precious physical metals. Whether you seek to diversify your portfolio, preserve wealth, or appreciate the allure of fine gold, the 50-gram gold Valcambi CombiBar is a testament to the artistry and functionality of precious metal investment options. Subscribe now to The Gold Standard to gain access to a wealth of financial knowledge. Don’t miss out on future episodes where we continue bringing insights into preserving your wealth through diversifying with precious metals. Remember to like, comment, and share this valuable information with others. ____________________________________________________________________________________________________ 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/

https://www.midasgoldgroup.com/ Welcome to the latest episode of The Gold Standard with your hostess Jennifer, where we dive deep into the global economic landscape and explore the ever-increasing threats to preserving personal wealth. In today’s episode, Jennifer sits down with Ken Russo, Vice President of the Midas Gold Group, to discuss the alarming expansion of government programs and the relentless surge in government spending with no end in sight. The national debt, an ominous specter looming over the financial horizon, takes center stage in our conversation. It has skyrocketed to over $31.7 trillion, more than doubling in just over a decade. Astoundingly, if this trend continues, it is projected to reach a mind-boggling $62 trillion within the next ten years, nearly three times the current GDP. The ballooning debt makes you wonder: Will the federal government ever rein in its spending, or are we hurtling toward a financial abyss? Jennifer and Ken examine the current state of federal government revenue, expenses, and debt. Alas, the numbers paint a grim picture. The federal government’s revenue amounts to approximately $4.6 trillion compared to its expenditures, which exceed a staggering $6.0 trillion, leaving a budget deficit of over $1.4 trillion, clearly indicating that Congress is spending money like intoxicated sailors on a collision course with an imminent financial iceberg. The desire to stay in power drives politicians to employ spending to secure votes. Unless Congress curtails its spending spree or the American people rise against it, the national debt will surge until it reaches a point of no return. At that juncture, the federal government will be unable to fulfill its obligations or provide essential support, leaving countless Americans stranded and vulnerable. Our discussion further explores the detrimental effects of excessive debt on the economy. A research paper by the Bank of International Settlements (BIS) reveals that when government debt surpasses 85% of GDP, it drags economic growth. Today, it stands at 120% and continues to climb. As the federal debt spirals, stimulating economic growth becomes increasingly challenging. Fiat Currency Throughout history, the collapse of fiat currencies has been a recurring pattern, underscoring the inherent vulnerabilities of such systems. August 15, 1971, a pivotal moment in history, was the day President Nixon announced his decision to remove the United States from the gold standard. This event had far-reaching consequences, signaling the end of the tie between the US dollar and gold, and supporting the value of other currencies worldwide. This move ushered in an era where all major currencies became fiat currencies, detached from any tangible asset. History has demonstrated time and again that fiat currencies eventually face collapse. The lessons of the past remind us of the fragility of these systems and the importance of exploring alternative avenues, such as precious metals, to safeguard wealth against the risks inherent in fiat currencies. The Dangers of a Central Bank Digital Currency The rise of central bank digital currency (CBDCs) poses a significant threat to individuals’ financial privacy and autonomy. With CBDCs, every transaction becomes traceable and subject to surveillance by central authorities. This erosion of privacy undermines personal liberties and opens the door to potential abuses of power. Additionally, CBDCs grant central banks unprecedented control over monetary policy, allowing them to monitor and manipulate individuals’ financial activities, including imposing negative interest rates and restricting access to funds. The shift towards a fully digital currency system also introduces new vulnerabilities, such as cyber-attacks and system failures, which can severely affect individuals’ wealth and financial stability. As we navigate this evolving landscape, we must recognize and mitigate the threats that central bank digital currencies pose to our financial independence and take proactive measures to safeguard our economic future. Gold You Can Hold In a world of increasing economic uncertainty and looming threats to financial privacy, diversifying with physical gold makes profound sense. While CBDCs present potential risks to financial privacy, gold remains a time-tested store of value and a symbol of stability. Unlike digital currencies susceptible to government control and surveillance, physical gold offers independence and privacy. It is a powerful hedge against inflation, currency devaluation, and geopolitical uncertainties. In the face of economic turmoil and the potential pitfalls of CBDCs, holding physical gold provides individuals with a tangible and reliable asset, preserving wealth and ensuring financial security for generations to come. Embracing the timeless wisdom of diversification with gold is a prudent and strategic choice in navigating the complexities of today’s uncertain economic landscape. ____________________________________________________________________________________________________ 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 thought-provoking episode of “The Gold Standard,” your host Jennifer Horn talks with special guest Ken Russo, VP of the Midas Gold Group, a trusted name in the precious metals industry. Join them as they discuss one of the most pressing topics of our time: the threat to our privacy and freedom brought about by the emergence of central bank digital currencies (CBDC). As governments and financial institutions worldwide consider the implementation of CBDCs, concerns regarding personal privacy and data security have reached new heights. Jennifer and Ken provide valuable insights and thoroughly explore the potential consequences of a cashless society. Jennifer and Ken shed light on how central bank digital currencies could impact how we transact, save, and store wealth. It could also impact the way we live and our ability to make choices. They examine the fine line between convenience and vulnerability, discussing the risks associated with a financial system that relies solely on digital transactions. The ongoing banking crisis catalyzes the potential implementation of a central bank digital currency (CBDC). The situation underscores the need for a resilient and innovative financial infrastructure that can withstand shocks and adapt to changing circumstances. The vulnerabilities exposed in the traditional banking system, such as liquidity challenges, operational inefficiencies, and limitations in cross-border transactions, have prompted policymakers to explore alternative solutions. CBDCs are viewed as a potential remedy to address these shortcomings, offering faster and more efficient payment systems, enhanced financial inclusion, and greater transparency. As governments seek to restore confidence in the financial system, the concept of a CBDC has gained traction, as it holds the promise of a more stable, secure, and accessible form of digital money. The current banking crisis serves as a wake-up call, prompting authorities to seriously consider the implementation of a CBDC as a means to modernize and revitalize the financial ecosystem. As digital currencies become a focal point in the financial landscape, there is a growing unease about the potential erosion of privacy rights. The government’s proposed Central Bank Digital Currency (CBDC) raises significant concerns regarding personal privacy. A CBDC system can easily track every transaction. It will give the government the power to monitor and store your financial activity in a centralized database. This level of surveillance directly threatens personal privacy, as it creates a comprehensive record of individuals’ financial lives, spending habits, and economic behaviors. Such a vast amount of personal data in the hands of central authorities raises valid concerns about surveillance, data breaches, and the potential misuse of information. The loss of privacy in financial transactions could have far-reaching implications, curtailing individual autonomy, stifling financial freedom, and potentially enabling the government to exert excessive control over the lives of its citizens. Policymakers must address these privacy concerns and establish robust safeguards to protect individuals’ privacy rights in the advent of CBDC implementations. Catherine Austin Fitts, the esteemed founding editor of the Solarli Report, is a leading voice in the discussion surrounding the implications of a central bank digital currency (CBDC) for American citizens. With her deep understanding of the financial landscape and commitment to empowering individuals, Fitts sheds light on the potential ramifications of a CBDC on the lives of ordinary Americans. Through her analysis, she raises thought-provoking questions about the erosion of privacy, the concentration of power, and the potential loss of economic autonomy that could accompany the introduction of a CBDC. Fitts encourages citizens to examine the implications of a CBDC critically and advocates for an open dialogue to ensure that the implementation of digital currencies aligns with the principles of individual rights, privacy, and financial freedom. Her insights provide valuable perspectives as individuals navigate the evolving financial landscape and seek to protect their economic well-being. Ken Russo asks, “Why would you leave all your assets in a system where they will watch everything you do?” He offers a unique perspective on the importance of diversification and gold and silver’s role in safeguarding personal wealth and preserving privacy. He shares strategies and tips for listeners concerned about protecting financial autonomy in an increasingly digital world. ______________________________________________________________________________________________ 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/

https://www.midasgoldgroup.com/ The hostess of THE GOLD STANDARD, Jennifer Horn, and co-host Ken Russo, Senior Vice President of Midas Gold Group, explore the things our government isn’t telling us about our paper currency, the banking system, and steps you can take to protect some of your wealth by taking some of your paper assets out of the system and into precious metals. Many individuals are understandably concerned about the potential erosion of their financial legacy or the ability to fund their retirement dreams as retirement looms. During these times of uncertainty, the importance of portfolio diversity and the inclusion of precious metals becomes paramount. Jennifer and Ken aim to empower you with the knowledge and understanding needed to make informed decisions about your financial future. Consider what government officials aren’t telling you. In this thought-provoking episode, Jennifer and Ken shed light on the half-truths and lies propagated by the government. By uncovering hidden realities and providing an authoritative perspective, Ken discusses the crucial role that precious metals play in protecting your wealth. Join us for a fascinating discussion that will equip you with the knowledge to secure your financial legacy and fortify your retirement. In the late Summer of 1971, President Nixon’s executive action suspended the convertibility of the U.S. dollar into gold and effectively dismantled the Bretton Woods System. He said it was “temporary.” Little did we know then that this decision would have far-reaching consequences, altering the trajectory of the US dollar and impacting our economy and savings accounts 50 years later. The decision to abandon the gold standard forever changed the trajectory of the US dollar. The dollar, untethered to gold or anything else, became a fiat currency, deriving its value primarily from the trust and confidence of market participants. While this newfound flexibility allowed for economic maneuverability, it also exposed the US dollar to fluctuations in international currency markets, leading to volatility and uncertainty. Nixon’s action continues to have profound implications for the US economy. The flexibility in monetary policy enabled the Federal Reserve to address short-term economic challenges, such as recessions, through measures like interest rate adjustments and quantitative easing. However, it also contributed to the accumulation of significant public debt and the continuous erosion of our purchasing power over time. Savers and investors have had to navigate an environment where preserving and growing wealth require careful consideration of alternative investment options, such as the one that historically has served as a store of value. Established after World War II, the Bretton Woods System fixed the values of global currencies to the US dollar, which, in turn, was pegged to gold at a rate of $35 per ounce. The US dollar became the world’s reserve currency, and countries held US dollars as a store of value. The gold standard provided stability and facilitated international trade by ensuring a reliable exchange standard. The banking crisis echoes the 2008 financial crisis, stemming from banks’ failure to hedge risks associated with loans and mortgages adequately. As interest rates rise and the value of fixed-income securities plummets, it only makes sense that depositors grow increasingly concerned about the safety of their money. Lake of liquidity is a systemic problem that extends beyond regional banks. Investors are waking up to the real risk of trusting paper assets. Gold serves as a hedge against financial and geopolitical uncertainties. Precious metals provide stability during times of crisis. Diversifying portfolios and converting some paper assets into tangible investments, such as gold, can mitigate the risk of losing hard-earned money when it’s most needed. As bank failures continue, it becomes increasingly important to take precautionary measures. The current environment allows investors to reevaluate their strategies and consider the value of tangible assets like gold and silver. These tangible assets give individuals security and protection against the vulnerabilities of our banking system and flawed monetary policies. With rising interest rates and economic uncertainties, gold offers a reliable means to preserve wealth and navigate financial uncertainties. Join us next time as we take a closer look at the threat posed by the coming of Central Bank Digital Currency, or CBDC. ____________________________________________________________________________________________________ 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/ Welcome to The Gold Standard radio show. Join hostess Jennifer Horn and Ken Russo, Senior VP of the Midas Gold Group as they delve into the pressing issues jeopardizing your wealth and the value of the US dollar. Together they explore the problems associated with fiat paper currency. Are you concerned that all the hard-earned money you’ve accumulated may not be there when you need it? Typical news outlets often fail to provide the whole truth about the state of the economy and the future of your buying power. The Gold Standard is for those who want to gain valuable insights and make informed decisions about protecting and growing your financial assets. In the first video version of The Gold Standard, Jennifer Horn and Ken Russo discuss the potential implications of de-dollarization, the process by which countries and individuals reduce their reliance on the US dollar as the global reserve currency. If de-dollarization occurs, it could have significant consequences for US citizens, particularly those depending on their wealth for retirement or leaving a legacy. Concerns arise with the US national debt reaching a staggering 31 trillion dollars, making up 125 percent of the US GDP. The Federal Reserve’s commitment to monetizing the debt by printing millions of dollars raises questions about the long-term stability of the US dollar. Moreover, major economies like China, Saudi Arabia, and Brazil are already moving away from the US dollar, further signaling a potential shift in the global financial landscape. Being “off the gold standard” refers to a monetary system in which a country’s currency is not directly convertible into a fixed amount of gold. Historically, the gold standard was a monetary system where the value of a country’s currency was tied to a specified quantity of gold. Under this system, individuals could exchange their currency for gold at a fixed rate. When a country goes off the gold standard, its currency is no longer backed by or redeemable in gold. Instead, the currency’s value is determined by various factors such as supply and demand, monetary policies, and market forces. In such a system, the government can control and manage the currency’s value and adjust it as needed to support economic goals. Moving off the gold standard allows greater flexibility in monetary policy and the ability to use tools like interest rates and money supply to stimulate or stabilize the economy. It also means the currency’s value becomes more susceptible to inflation, fluctuations in international exchange rates, and market confidence. Most countries today operate on fiat currency systems, where the value of money is based on trust and the authority of the issuing government rather than any ties to a physical commodity like gold. In this episode of The Gold Standard they shed light on a critical topic: Raising the Debt Ceiling. They present a captivating video featuring Alan Greenspan from the 1990s. He asserts that the United States can always pay its debts because it can print money, irrespective of its credit rating. However, Mr. Greenspan’s belief in unlimited money printing raises concerns. Excessive money printing leads to inflation, eroding the value of people’s savings and purchasing power. It also risks the financial system’s stability and undermines confidence in the currency. For those who already own gold or are considering it, the American Gold Eagle bullion coin holds immense significance. Introduced in 1986 by the United States Mint, it quickly gained global recognition as one of the most popular and recognizable bullion coins. The American Gold Eagle is legal tender and is known for its high purity. While it carries a face value, its actual worth is far more significant due to its 91.67% pure gold composition. The coin’s wide acceptance, liquidity, and reputation as a safe-haven asset make it an ideal choice for portfolio diversification and wealth preservation. The design of the American Gold Eagle is a captivating representation of American heritage and patriotism. It features a timeless depiction of Lady Liberty, designed by Augustus Saint-Gaudens on the obverse. She stands tall, holding a torch and an olive branch, with the sun’s rays emanating behind her. The original reverse (1986 to 2021) showcases a powerful portrayal of a family of eagles designed by Miley Busiek. The male eagle soars above the nest, while the female and their hatchlings are depicted within it. The intricate details and symbolism in the design of the American Gold Eagle add to its aesthetic appeal and cultural significance, making it a cherished piece for collectors and investors alike. ______________________________________________________________________________________________________ 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 of The Gold Standard podcast delves into the current banking system crisis in the United States and abroad. Recent reports indicate that banking regulators may seize First Republic Bank (FRC) as early as this weekend, with JPMorgan (JPM) and PNC Financial (PNC) being the primary bidders to purchase the bank out of possible receivership. The Federal Reserve’s latest data also shows that stresses remain in the banking system, which adds to a loss of confidence in the banking system. The FDIC’s collapse and seizure of Silicon Valley Bank (SIVBQ) and, more recently, First Republic are prime examples. The Federal Reserve’s latest data also shows that stresses remain in the banking system, which adds to a loss of confidence in the banking system. The FDIC’s sudden collapse and seizure of Silicon Valley Bank (SIVBQ) and, more recently, First Republic are prime examples. Series host Dave Deno and Ken Russo, Senior Vice President of the Midas Gold Group, help us understand the challenges of analyzing bank safety and how a severe loss of confidence can cause an otherwise functioning financial institution to come under duress. Ken points out how the financial system depends on other countries buying US bonds. The Federal Bank has been buying fifty percent of the bonds from the US because no other government wants to buy our bonds. The global financial systems are interdependent, and one country’s economic decisions can have ripple effects worldwide. As Ken Russo highlights, the US financial system is not an exception to this interdependency. The financial system of the US relies on other countries purchasing US bonds to finance its debt. However, the Federal Reserve has been buying nearly half of the US bonds, as other countries are not interested in them. This interdependency creates a precarious situation, as a shift in one country’s economic policies can have unintended consequences for the rest of the world. The global financial systems’ interdependence requires countries to coordinate their policies to avoid unintended negative impacts on other countries. Diversifying your investment portfolio with precious metals, such as gold and silver, is vital because they protect your wealth against inflation and economic uncertainty. Unlike paper currency, the value of precious metals is not affected by government policies or economic downturns, making them a reliable store of value. Precious metals have a low correlation with other asset classes, which can help reduce overall portfolio risk. Gold’s historical track record of retaining value makes it one of the most reliable ways to protect your wealth. This episode’s feature bullion product is the American Gold Eagle, a personal favorite with the team at Midas Gold Group. The origins of the American Gold Eagle date back to the Reagan administration in 1986 as part of the American Eagle program to offer gold and silver to investors. The American Gold Eagle is a popular choice among investors looking to protect their wealth from market uncertainties. Since then, the American Gold Eagle has become one of the world’s most widely traded gold coins. It is widely recognized for many qualities, not the least of which is its artistic beauty. The obverse of the American Gold Eagle features Augustus Saint-Gaudens’s iconic sculpture of Lady Liberty holding a torch and an olive branch on one side. The United States Mint used Saint-Gaudens’s design on the twenty-dollar gold piece between 1907 and 1933. It is widely regarded as one of the most beautiful ever created for an American coin. Saint-Gaudens’s sculpture continues to serve as inspiration for many subsequent coin designs. The reverse design was created by artist Miley Busiek Frost and sculpted by Sheri J. Winter. The original (from 1986 to 2021) reverse design shows a male eagle carrying an olive branch flying above a nest containing a female eagle and her eaglet. Frost says that her eagle design of the family of eagles is “a symbolic tribute to the American family, senior citizens, and young people.” From 2021 onward, the reverse features an up-close portrait of the American Bald Eagle by artist Jennie Norris and sculpted by Renata Gordon. All of us are living through times of significant changes. Join us as we explore what many are calling the most historic credit crisis in history, the current state of the banking system, its impact on the economy, and what it means for your financial future. There has never been a more critical time to stay informed and be proactive. Be prepared, subscribe, and turn on notifications to stay updated with The Gold Standard. ______________________________________________________________________________________________________ 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/ For many, the recession question isn’t a matter of if but when. Credible financial resources warn of a recession. Many variables make the situation complex: • Hiking interest rates • Extreme weather events • The escalating war in Ukraine • A global energy crisis It certainly feels as though we’re in a global economic slowdown. The International Monetary Fund (IMF) predicts global output to decline 2.7 percent this year and warns us that we haven’t seen the worst. Join us as we explore the unique benefits of investing in precious metals and how they can help protect your portfolio from the unpredictable forces of the global economy. Many Wall Street professionals express concern that a recession may be on the horizon due to the inverted US yield curve and the aggressive rate hikes. The housing market can also trigger a recession, but there hasn’t been a collapse in activity. GDP data is a crucial but lagging indicator, suggesting that Q1 2023 GDP will grow at around 2.5%. If Q2 is similarly robust, then a 2023 recession becomes less likely. However, growth in the first half of 2022 was negative, setting up an easier year-on-year comparison. Therefore, any 2023 recession would be more likely in the year’s second half. Ken uses the metaphor of the Titanic to describe the precarious state of traditional investment assets like stocks, bonds, real estate, and currency. Ken explains that these assets are like the Titanic — massive, impressive, and seemingly invincible but ultimately vulnerable to sudden and catastrophic loss. In the case of the stock market, this vulnerability comes from corporate bankruptcies, market crashes, and global economic downturns. Similarly, inflation, deflation, interest rate changes, and international trade fluctuations all impact our currency. The banking crisis will grow because there has been too much reliance on short-term sources of funds and a growing loss of customer confidence. Recent polls show that most Americans are concerned about their bank’s stability. They no longer have peace of mind that their money will be available in a pinch. The 2008 financial recession is a fresh memory for many people, and they fear it is happening again. Modern banking policies and processes are built on quicksand. About a hundred years ago, deposits were either savings or checking. Savings and checking had different business functions. Today, checking and savings have been melted together. Central banks have profited tremendously from printing money. Currency printing allows banking institutions to lend out several times the amount deposited with them. This fraudulent practice will eventually collapse as it did in 1929, with deflation or through hyperinflation, as in the Weimar Republic in 1920s Germany. Gold and silver are like a lifeboat — small, unassuming, and easily overlooked, but ultimately providing a haven in times of crisis. Just as a lifeboat provides a way to escape a sinking ship; gold and silver can provide a way to protect wealth from the potential failure of traditional investment assets like stocks and currency. While stocks and currency can be vulnerable to sudden and catastrophic loss, gold and silver have historically held their value and even appreciated during times of economic turmoil and crisis. The Mexican 50 Gold Pesos, also known as the Centenario, is one of the world’s most significant gold bullion products. It was first minted in 1921 to commemorate the 100th anniversary of Mexico’s independence from Spain, and it has since become an iconic symbol of Mexican culture and history. The Mexican 50 Gold Pesos is significant because of its impressive gold content. Each coin contains 1.2057 troy ounces of pure gold, making it one of the world’s largest and heaviest gold coins. This high gold content, historical significance, and beautiful design make the Centenario a highly sought-after and valuable gold bullion product. The coin features Emilio del Moral’s iconic design of Winged Victory, also known as the Angel of Independence, standing atop a Mexican Independence Victory Column. Her right hand held up high, holding the laurel crown representing victory. The carving is highly detailed and intricate, with Angel’s outstretched wings and flowing robes adding a sense of grandeur and drama to the image. The coin represents Mexico’s struggle for independence and its emergence as a proud and independent nation. For many collectors and investors, owning a Centenario is not just a way to invest in gold but also a way to connect with Mexico’s rich cultural heritage and history. ______________________________________________________________________________________________________ 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/ Welcome to another episode of The Gold Standard, where we dive deep into finance and economics. In this episode, we tackle the growing threat of international digital currency to the value of the US dollar. Ken Russo, Vice President of the Midas Gold Group, joins us to discuss the rise of central bank digital currencies (CBDCs) and the danger it represents to disrupting our traditional monetary system. We’ll explore the possible implications of CBDCs on the value of the US dollar and the global economy and how owning physical gold and silver can protect our financial privacy in the age of digital currencies. The real danger in CBDCs is that there is no limit to the level of control the government could exert over people if money is purely electronic and provided directly by the government. A CBDC would give federal officials complete control over the money going into and out of every person’s account. Officials could easily and instantly freeze all or part of your money. The government could even exert a frightening amount of control over how and where you spend your money. Any way you look at it, another fiat money experiment is grinding to an inevitable conclusion. The Universal Monetary Unit by the IMF will only continue more of the same problems. Only this time, banks will be able to do things faster and monitor everyone. We discuss the possible implications of CBDCs on the value of the US dollar and the global economy. We point out that if other countries adopt a digital currency, they may start to diversify away from the US dollar, which could lead to a decline in the value of the dollar. The devaluation of the dollar, in turn, could have severe consequences for the US economy, which relies heavily on the strength of its currency. The official reason CBDCs are gaining momentum is that they would offer greater control and oversight over the financial system. They could significantly reduce counterfeiting and track financial flows. The more valid reason is that the present monetary system has hit a wall. The banks are in trouble, and they’re all scrambling to find a solution. The can has been kicked down the road as far as it will go. The capacity to make stuff is true wealth. Actual capital formation isn’t money. It’s the means of production and depends on how many physical products you can build. The Industrial Revolution shifted from the United Kingdom to America because we had the resources and the willingness to take full advantage of those resources to manufacture goods and bring them to market. Ultimately, the US became an industrial juggernaut for decades. Now, China has more of an industrial capacity. China continues to add to its gold reserves. Central bank purchases of gold hit a record in the third quarter of last year. Precious metals, like gold and silver, protect our money’s value and financial privacy. Ken explains how gold and silver have been used as a store of value for centuries and have traditionally been considered a safe-haven during economic uncertainty. Ken Russo highlights how owning physical gold and silver can protect individuals from government surveillance and maintain their financial privacy. Valcambi gold and silver CombiBars are unique investment products that offer investors a convenient way to invest in gold and silver. Valcambi Suisse produces these bars to precise specifications to ensure each meets the company’s high standards. Their divisible and detachable design sets these bars apart from traditional gold and silver bullion. Each CombiBar consists of several smaller sections of gold and silver connected but made to separate effortlessly. For example, a 50-gram CombiBar has fifty smaller 1-gram gold and silver bar-like sections. The sectional design of the CombiBar allows investors to customize their investments and quickly sell or trade smaller increments of gold and silver. In addition to their convenient design, Valcambi gold and silver CombiBars are highly liquid and recognized by global precious metals dealers and traders. Each CombiBar is made from high-quality, .9999 fine gold and silver and is stamped with the Valcambi Suisse log, weight, and purity information. ____________________________________________________________________________________________________ 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 have a thought-provoking conversation with special guest Ken Russo, as we delve into the topic of the downfall of the US dollar and its potential impact on your financial future. With Ken’s expertise in precious metals and wealth preservation strategies, this episode offers valuable insights and perspectives on the current state of the US dollar and how it may affect your financial planning. Join us as we explore the significance of gold as a timeless store of value and discuss the potential implications of the changing economic landscape on your financial well-being. As you listen to the conversation, consider the role of gold in safeguarding your financial future. Get ready for an engaging discussion on The Gold Standard. As Americans, we often believe that certain things couldn’t happen here. However, recent events have shown us that anything is possible. While the failure of our national currency is unlikely, it’s still important to consider the consequences should the unlikely happen. Currency represents an IOU for an equal amount of gold or silver. There is nothing of real value behind the currency. We use it because there is sufficient trust in the government and confidence in the value represented in the US. But now, precious metals don’t back the system. The US dollar is uniquely positioned as the global reserve currency in the financial system due to its perceived stability and safety. Many countries hold US dollars in reserve and use them as their official currency. The strength of the US economy, with the largest GDP in the world, has helped maintain this status. While 11 foreign countries officially use the US dollar as their currency, the likelihood of the US dollar collapsing is low, as it would require a significant event such as a global conflict. Despite uncertainties, the US remains one of the most stable countries, and if a collapse were to occur, there would likely be more significant problems to worry about than investments. Potential challengers to the dominance of the US dollar in the global financial system are what is known as the BRICS nations, consisting of Brazil, Russia, India, China, and South Africa. These emerging economies with large populations and rapidly growing markets have been seeking to reduce their dependency on the US dollar and increase their use of their currencies in international trade. Through bilateral agreements and initiatives such as the BRICS New Development Bank, which aims to provide an alternative to the World Bank and IMF, the BRICS nations have been working towards creating a new financial order that is less reliant on the US dollar. If successful, this alliance could severely undermine the US dollar’s position as the global reserve currency and contribute to its downfall. China and Russia have agreed to conduct business with their currencies, effectively ditching the US dollar. This move could have significant implications for the global financial system and the future of the US dollar as the dominant reserve currency. Years ago, cryptocurrencies caught the attention of central banks worldwide as a more efficient way for money to flow. While that may be true, it also means the end of your financial privacy. Dave gives us an update on government-backed digital dollars, or what is commonly called Central Bank Digital Currency. The one-ounce Gold Britannia bullion coin is significant for investors and collectors. The Gold Britannia carries a rich history and symbolizes the strength and endurance of the British nation. The coin is crafted by the prestigious Royal Mint, which has a history of over 1,100 years and is the world’s tenth-oldest company, established in AD 886. The reverse side of the Gold Britannia coin showcases the iconic figure of Britannia, a symbol of Great Britain stands tall with a trident and shield. Her majestic presence represents the nation’s maritime history, prowess, and resilience. The coin’s intricate details and stunning craftsmanship make it a true work of art, appreciated for its intrinsic value and aesthetic appeal. In addition to its exquisite design, the one-ounce Gold Britannia coin is highly valued for its investment potential. Minted with 99.99% pure gold, the coin’s weight, purity, and globally recognized status provide security and stability, making it a trusted choice for those looking to diversify their investment portfolio and safeguard against inflation and economic uncertainties. ______________________________________________________________________________________________________ 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/ Welcome to another episode of The Gold Standard, where we explore the world of gold and its place in the global economy. In today’s episode, we discuss a topic on the minds of many investors and financial experts – the death of money, specifically, the US dollar. Ken Russo is a Senior Vice President of the Midas Gold Group, a precious metals investment firm. Ken has over 30 years of experience in the precious metals industry and is a recognized expert. More importantly, he has built a reputation for high integrity and maintaining close touch with his clients. We’ll be delving into some of the factors that contribute to the demise of the US dollar as the world’s reserve currency. These factors include rising debt levels, inflation, and mounting geopolitical instability. We’ll also discuss what investors can do to protect their wealth in the face of these potential threats, including diversifying their portfolios with gold and other precious metals. So, whether you’re a seasoned investor or just starting, this episode of The Gold Standard is not to be missed. Join us as we explore the fascinating world of gold and its role in the ever-changing global economy. Every day that passes brings us close to hyperinflation and the death of the US dollar. As banks struggle to find stability, it seems the Fed is working closely with the administration to pick winners and losers in the banking system. Remember how Lehman Brothers became the sacrificial lamb of the 2008 financial crisis? There are disquieting similarities between today’s economic landscape to that of 2008 when the mortgage loan crisis erupted. Here are a few of them: high levels of debt, growing asset bubble, the interconnections of global economies, despite mounting global tensions, and troublesome central bank policies which have created high inflation and high interest rates. The critical difference between then and now is that now we have much more pressure built up. Consequently, the impact of economic disruptions is going to be more intense. The current monetary system based on fiat money is incredibly fragile and vulnerable to financial warfare. Our country’s collective attitude and policies about money have enabled us to live well beyond our means for decades. The cost is an unstable financial system constantly needing to be propped up. The global economy was based on the gold standard until 1971 when President Nixon officially abandoned the gold standard to, he said, curb inflation and prevent foreign nations from overburdening the system by redeeming their dollars for gold. Since then, the US dollar has had no connection to go. The currency became devoid of material value. Financial warfare can be offensive or defensive. Our leaders have leveraged the US dollar to support our nation’s friends and attack our enemies. Our financial system contains the seeds of a future crisis, such as China’s poorly planned economic growth. China is the world’s second-largest economy and has been strategically reducing its dependence on the US dollar and promoting the use of its own currency. China has also been increasing its holdings of gold. Individuals should protect their life savings from becoming worth less than a loaf of bread. The featured bullion product for this episode is a highly coveted gold bullion coin prized by investors and collectors alike. The Gold Buffalo is a modern classic that pays homage to the iconic Indian Head nickel design of the early 20th century by Augustus Saint-Gaudens’s protege James Earl Francis. Since 2006, the United States Mint has crafted the Gold Buffalo coin with pure 24-karat gold and attention to detail. The Gold Buffalo coin is struck from 99.99% pure gold and has a face value of $50. It is a legal tender coin backed by the full faith and credit of the United States Government, making it a highly secure investment option. The coin is also eligible for inclusion in Individual Retirement Accounts (IRAs), making it a popular choice for retirement savings. One of the reasons that the Gold Buffalo has become so popular among collectors and investors is its stunning beauty. The coin’s design is a tribute to the iconic Indian Head nickel, which was produced from 1913 to 1938. The buffalo depicted on the coin symbolizes American strength and resilience. In contrast, the Native American profile represents the country’s rich cultural heritage. Another factor that makes the Gold Buffalo a desirable investment option is its rarity. Although the coin is relatively young, it has already become a highly sought-after collector’s item. The United States Mint produces the Gold Buffalo in limited quantities each year, which helps to maintain its value and appeal. ______________________________________________________________________________________________________ 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 talk about how to survive the banking meltdown. We discuss the possibility of a banking meltdown and how listeners can protect themselves from the potential fallout. With a focus on practical steps that individuals can take to safeguard their finances, Deno and Russo explore the current state of the banking industry, the risks associated with the current economic climate, and what strategies you can use to navigate this uncertain landscape. Since the beginning of The Gold Standard series, the message has been to protect your wealth through diversification with precious metals. Look at the warning signs that are popping up all around you. Asset prices across multiple markets, including stocks, bonds, real estate, and cryptocurrencies, have been inflated to unsustainable levels. As prices rise, more investors jump into the market, further driving up prices and creating a self-reinforcing cycle. A massive correction in the financial markets is long overdue. The low interest pumped the real estate market into an even more giant bubble than possible. Pandemic-related economic downturns, supply chain issues, high levels of debt, rising inflation, and constant interest rate hikes continue to feed the storm. The longer the pressure builds, the worse it will be when the correction happens. Investors should prepare now by diversifying with gold and silver. The recent banking meltdowns have left us with more questions than answers. A recent bank survey of 212 managers overseeing $548 billion in assets revealed that investor perception of market risk cratered more than 20% between February to March, surpassing managers’ risk level amid the depths of the Great Recession. Is this the beginning of a global banking crisis? How worried should you be? According to Ken, very worried. The financial world was shocked by Silicon Valley Bank’s (SVB) failure. It seemed to come out of the left field. When, in fact, the Fed repeatedly cautioned the bank about its risky investment practices more than a year before their collapse. The underlying principle driving financial markets is greed. The roll-back of the Dodd-Frank Act, which called for stricter regulations on giant banks, to prevent excessive risk-taking, opened the doors for banks to grow as much as possible and take as many risks as they could stomach. Silicon Valley Bank quickly goes from just under the $50 billion limit set by the Dodd-Frank Act to more than quadrupling its size within a couple of years. Signature Bank, with Barney Frank on its board, doubles in size. The failure of SVB heralded the growing anxiety people have about leaving their cash in the banking system. People are also growing increasingly nervous when banks have much exposure to cryptocurrencies. Signature Bank ran a payment system called Signet, with crypto companies constantly transferring money in and out of crypto. The Failures of Signature Bank and Credit Suisse in Europe sparked contagion concerns, with many regional banks experiencing silent withdrawal runs. However, the Swiss National Bank invested a $54 billion loan to help Credit Suisse. JP Morgan and other large money center banks have contributed $30 billion to support the First Republic Bank’s survival. The failure of SVB has led to discussions of bank solvency, particularly as 94% of its $175 billion deposits were uninsured. The bank’s bond portfolio is scrutinized, with the longer-duration bonds suffering as interest rates have risen rapidly. Unlike banks, precious metals are tangible assets that can be held and stored securely, making them a reliable component of a diversified investment portfolio. As recent events have shown, even the biggest and seemingly most stable banks can experience failures, leaving many investors worried about the safety of their assets. The Gold American Eagle makes its return to the spotlight. The Gold American Eagle, a 91.67% pure or 22-karat bullion coin guaranteed by the US Mint, is a recognized and widely traded coin backed by the US Government. Its liquidity allows for easy buying and selling, while its historical significance and artistic beauty make it sought by collectors. It features a design from the iconic Saint-Gaudens Double Eagle, which, combined with the coin’s purity and government backing, has made it popular among investors seeking to diversify portfolios and protect against inflation and market volatility. ______________________________________________________________________________________________________ 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 latest episode of THE GOLD STANDARD, we discuss the banking crisis and its impact on your money. With years of experience in the precious metals industry, Ken provides valuable insights into how the financial system works, the dangers of fiat currency, and the role gold can play in protecting your wealth. Dave and Ken explore the current state of the economy, the risks of inflation, and the importance of diversifying your portfolio with precious metals. People want cash when they get nervous about the economy and financial markets. When everybody wants cash at the same time, it becomes a problem. Not since the Washington Mutual collapse of 2008 have we seen such big banks fail, and it all happened so quickly. As painful as the impact of these closures may be, they are just symptoms of a deeper problem. And although their collapse happened quickly, the wheels were set in motion years before. These bank failures highlight the banking sector’s fragility and our financial system’s instability. Reckless spending and easy money have conditioned us to pretend there’s something extraordinary happening in the real economy when it’s just Wall Street artificially pushing up prices. But there are no inventions. Nothing has changed. Nothing new is driving the market or adding to the GDP. Years of costs have increased because of stock buybacks and investors gambling with easy money in the markets. Like a meteor slamming the planet, Silicon Valley Bank, which had $212 billion in assets, reported significant losses. The news spread like wildfire and ignited a run on the bank. At about the same time, Silvergate Bank in La Jolla, California, closed its doors after fear and panic fueled a bank run. Signature Bank became the third-biggest failure in US history a few days later. More recently, First Republic was propped up by other major banks as depositors and investors rushed to withdraw their money. The central bank of Switzerland came to rescue Credit Suisse to the tune of a $54 billion loan. One of the big blunders of the Federal Reserve was distorting the market by suppressing interest rates for years after the Mortgage Loan Crisis of 2008. People were never able to borrow money at such low-interest rates. And it’ll probably never get that low again. Almost everyone hopped on the bandwagon to borrow money. And why not? Numerous companies took on much more debt than they would have otherwise. Since the banks are not regulated, they’re free to take risks with their customer’s money. The banks make bets with depositors’ money without paying much attention to the level of risks. If you’re hearing a bit more urgency in Ken’s voice when he talks about being more hands-on and diversifying into gold, you know why. These recent bank collapses are only the beginning. The Fed focuses on fighting inflation and using trillions of dollars to buy assets to boost financial markets (artificially). They don’t care who gets hurt in the process. Bank failures highlight the importance of diversification. Gold and silver are often considered safe-haven assets that can protect cash and investments during economic uncertainty and financial turmoil. Their intrinsic value, limited supply, and tangibility make them less vulnerable to the risks of counterparty default and inflationary pressures. Gold and silver can also provide diversification benefits and help reduce overall portfolio risk and volatility. However, their value can be volatile, and holding physical gold and silver can incur additional costs. It’s essential to consult with a financial advisor before making any investment decisions. The South African Mint began its “Big 5” series of bullion coins in 2019. Back then, the Big 5 were the five most dangerous animals to hunt on land. Today, the “Big 5” refers to five endangered animals in Africa: the lion, elephant, leopard, buffalo, and rhinoceros. The first of the series is the African elephant. Ken tells us about the one-ounce Gold Big Five Elephant bullion in this episode. The one-ounce Gold Big Five Elephant bullion coin is a limited-edition coin, with only a certain number of coins minted yearly. This rarity adds to its value and makes it a sought-after item among collectors and investors. The artist who drew the African Savanna Elephant captures the animal’s depth and strength. The elephant is a majestic creature known for its long memory, natural empathy, and tendency to make personal sacrifices for the well-being of others. The Savanna Elephant is an icon of Africa. Even its ears are in the shape of the African continent. ______________________________________________________________________________________________________ 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, we discuss the current state of the US economy and the looming financial crisis. With a wealth of experience and expertise, Ken provides valuable insights and predictions for the future of the US financial landscape, including what individuals can do to protect their assets in the face of incredible uncertainty. The global economy faces several warning signs suggesting a period of economic challenges may occur before it fully recovers. These include slow economic growth, rising inflation, unprecedented debt levels, geopolitical tensions, and a leadership deficit. The US financial system has increasingly relied on debt to sustain economic growth and consumption. This addiction to debt has led to concerns about the long-term sustainability of the system and the potential risks associated with high levels of indebtedness. Dave cites Warren Buffet’s clear warnings about the economy. He criticizes money managers’ “disgusting” behavior and their penchant for fudging the numbers. Buffet said in his annual letter to shareholders, “It requires no talent to manipulate numbers, only the desire to deceive.” People should diversify into precious metals, like gold and silver, because they are safe-haven assets during economic and political uncertainty. Gold and silver have a long history of being recognized as valuable and reliable stores of wealth. During times of uncertainty, investors may become more cautious and look for ways to protect their wealth. People want assets they can depend on to hold value even if the economy tanks or financial markets crumble. Gold and silver are two assets you can count on to fulfill this role. There are a few reasons why gold and silver are considered safe havens during uncertain times. They include their limited availability, portability, and reliability. No other asset class has proven its worth for thousands of years the way gold and silver have. These precious metals have survived numerous economic and political crises throughout history and have retained their value over the long term. Overall, gold and silver are seen as safe havens because they offer investors a way to protect their wealth during times of uncertainty. While they may not provide the same returns as other types of investments during times of stability, they can be an essential part of a diversified portfolio during economic and political turmoil. The spot price of gold is an indicator of the value of the US dollar. Gold is priced in US dollars on international markets, and the price of gold tends to move in the opposite direction of the US dollar. When the US dollar weakens, the price of gold typically rises. When the US dollar strengthens, the price of gold typically falls. This inverse relationship between gold and the US dollar is because gold is a hedge against inflation and a store of value. In contrast, the US dollar is a fiat currency subject to inflation and the whims of the government. For example, suppose the US Federal Reserve announces a large-scale monetary stimulus program or a lower interest rate policy. In that case, this leads to a decrease in the value of the US dollar. As the value of the US dollar falls, investors may turn to gold as a haven asset, causing the price of gold to rise. Conversely, suppose the US economy is strong, and the US dollar is considered safe and attractive. In that case, investors may move away from gold and into US dollars, causing the price of gold to fall. Overall, the spot price of gold is closely linked to the value of the US dollar, with a weaker US dollar typically leading to a higher price of gold and a stronger US dollar typically leading to a lower price of gold. Investors often use this inverse relationship to monitor the health of the US economy and the strength of the US dollar. The Gold Vienna Philharmonic is the return of an elegant classic bullion coin. The one-ounce Gold Vienna Philharmonic is a popular and significant gold bullion coin produced by the Austrian Mint. The finely appointed design, recognizable the world over, features the famous pipe organ in the Vienna Musikverein’s Golden Hall. The reverse depicts a range of musical instruments associated with the orchestra. Overall, the one-ounce Gold Vienna Philharmonic is significant as a symbol of quality, purity, and accessibility in gold bullion investing. Its iconic design, global appeal, and high level of quality have made it a trusted and popular option for gold investors worldwide. Because of the one-ounce Gold Philharmonic’s 99.99% pure 24-karat gold content, it is eligible for a Gold 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/