Bill Holter - 50/50 Chance US Election Will Be Abandoned - Buy Gold or Lose Everything!

In this latest discussion, Darryl and Brian Panes from As Good As Gold Australia interview the legendary Bill Holter, precious metals broker with Miles Franklin.

There are many mainstream authors and commentators that are writing about the price of gold and giving their opinions on why gold is moving in a certain direction.
They constantly refer to inflation and to whether it is good for gold or bad for gold.
They refer to interest rates - once again, is it good for gold or bad for gold?
They refer to conflicts in the Ukraine, and now the Middle East, especially Israel.
Then they make reference to Central Banks in the East, buying up as much gold as they possibly can.
There is however, an absolute lack of reference by mainstream commentators to debt, keeping in mind the US has now accumulated debt to just in excess of $24 trillion with absolutely no debt ceiling to restrict their spending.
America is essentially bankrupt - Why is debt not at the top of the list?

The BRICs nations have an important meeting scheduled for November 5, 2024.
This time, President Putin will head the talks, but before then, he has planned approx. 200 regional conferences, which equate to 5 per week.
It is believed that President Putin will be more forceful on implementing a 'Gold Exchange Trading Standard'.
What economic impact may this have on a world already under extreme duress?

The last phase of the dollar debasement is next!
This very final phase of the dollar debasement to zero really started on June 29, 2022.
Then the US decided to seize all Russian financial assets.
That action was the nail in the coffin (as well as the shot in the foot) of the Petrodollar system.
To seize a major sovereign state's (Russia's) assets can never end well, and to then give those assets to an enemy of that state (Ukraine) is guaranteed to seal the fate of the dollar dominant currency system and its backers. The BRICs already has ten members, India, China, Brazil, Russia, South Africa, Saudi Arabia, UAE, Iran, Egypt, and Ethiopia.

In addition, another thirty countries want to join, including Venezuela.
The BRICs produce just under 50% of global oil. But if we look at oil reserves, the existing BRICs plus aspiring members like Venezuela, they have over 20x the oil reserves of the US.

Clearly, we are about to see the end of the Petrodollar, and we don't have long to wait.
How long do we have?

To add to our woes, Bill believes there is a greater than 50/50 chance that the upcoming US election will be abandoned, and its impact would lead to absolute economic chaos.
Precious metals icon, Egon von Greyerz confirms that if you are not a gold bug - you had better become one right now, otherwise you will lose everything.

You have been warned!

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