Dave Ramsey is Gold Illiterate
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In a rising secular bull market, you have to climb a wall of worry until an eventual valuation escalation mania mountain top.
For those still scarred and scared from the long interim bullion bear market of the 2010's now well behind us. Well, they'll get left behind, way down below.
Many have yet to realize the big game we are playing, much less near a clue of the structural changes and upcoming shifts to the world's tectonic trading plates underlying the global economy and our future.
Well, take a ride and hike with me as we go through this week's relevant Bullion Market-related data and news.
And as we shine a light on modern-day blowhard Gold Illiterates, who will lie to your face with inaccuracies and obsolete outdated thinking.
#ReponseVideo #DaveRamsey #Gold
The Dave Ramsey Show - Why You Shouldn't Be Fooled By "Gold-Buying" Headlines! -
• Why You Shouldn't... -
The gold and silver markets had strong weeks as gold broke up against its nominal record price high near $2,080 oz middle of this past week.
The spot silver price climbed to close just under $26 oz, a key price level and battle ground.
The spot gold price sold off to close the week down to just under 2,020 oz bid.
The gold-silver ratio fell to 78.
As promised, I want to give you a preview of our coming CBDC world brought to us by the central bank of central banks, the Bank for International Settlements, and their BIS innovation hub's preview via Project Icebreaker.
The coming CBDC world will be super inflationary by design, allowing us to legally write off the record debt and unfunded liability piles accrued to date.
You still have time to get bullion, but I am afraid the longer you wait, the more in fiat notes you will have to cough up to get the precious, proven private monetary store of value.
In time, $2000 oz gold is going to be looked at as cheap.
That's all for this week's SD Bullion Market Update.
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