Gold's telling us

Gold's rise in price, protecting yourself from currency devaluation and how the East is buying gold
Apr 19, 2025
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Gold’s telling us:

Gold’s telling us.

Something is really wrong.

Something is going to be really wrong.

Gold doesn’t rise like this in good times.

It does in bad times.

Look at some of these charts.

https://x.com/KobeissiLetter/status/1914124476389990834

Gold’s now at $3400 USD/ounce.

A few years ago it was under 2k/ounce.

Imagine that.

Making ~70% in 2 years by just holding a metal.

That’s it.

70% in 2 years.

While your dollar continues to be devalued, you’re protecting yourself from inflation by just holding this rock.

Not just protecting yourself but making money.

Outperforming.

Beating some of the best funds in the whole world.

The ones who manage trillions and have millions of smart people working for them.

You beat all of them by just holding this rock.

This is good if you believe in gold.

If you have gold.

But this is also bad.

Really bad.

If gold keeps skyrocketing like this, it means people are starting to distrust the current system.

They don’t believe in money anymore.

At least what we think money is today.

Fiat money.


Those bills you have in your wallet.

People don’t believe in that as much, so they’re dumping their currency to buy this rock.

Why?

Because the currency is being devalued.

This has happened before many times in history.

And history is undefeated.

When times are tough, people want protection.

Gold has been protection for 5 thousand years.

Protection from money printing.

Protection from monetary debasement.

Protection from inflation.

It’s got a 5 thousand year track record that it’s the best way to store wealth.

Especially when things break down.

We’re in that system now.

The fall of a reserve currency.

Breaking down of the monetary system.

People dumping treasuries to buy gold.

China, Russia, India and global central banks have been doing it for years.

Now consumers are starting to catch up, especially around the rest of the world.

Indians have always loved gold.

But now the Chinese are catching up.

My bet is that instead of them using real estate as their store of wealth for the last 30 years, they’re now moving it to gold.

The Shanghai Gold Exchange will soon beat the London Comex as the price setter.

More deals are being done there than in London, which has historically been the centre of the gold market.

That’s a big deal.

The Chinese and other Asians will keep buying the metal.

People are losing faith in the current monetary system.

So they’re going to gold.

And are likely to continue going to gold in the foreseeable future.

What does that mean?

Get gold.

PHYS is a great ETF that holds physical gold.

But not just gold.

Buy the miners.

GDX.

The ETF.

Best way to spread your risk.

Do that for the next little while and thank me later.

Gold’s telling us.

The world is rapidly changing and you want to make sure this is part of your portfolio.

'Keep Going You're Doing Great'

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