• The World Bank is not even trying to hide it.   Why are global central banks buying gold in 2024?  Why are central banks an important force in driving gold to all-time highs?   We have called central bank de-dollarization and gold-buying one of the most important megatrends of our time.  Now a new World Bank publication spells out why this is happening, and it does so in a candid way that makes a powerful case for individuals to protect their wealth with gold. The Gold Investing Handbook for Asset Managers was authored by Kamol Alimukhamedov, Deputy Managing Director of the Central Bank of Uzbekistan.  From the introduction: In recent years, gold has regained its importance as a financial asset, with many investors using it as a hedge against inflation and market volatility. In addition, central banks and other financial institutions continue to hold significant amounts of gold as part of their reserve assets. The role of gold as a reserve […]

  • Gold is going through the roof this April because the already unpayable US debt is also going through the roof! After all, if there is no hope for US debt at $34 trillion today, how about when it reaches $141 trillion in 2054?  And that is where the Congressional Budget Office says we are headed! $141 trillion is a lot of money!  How does a national government even begin to pay the interest on a debt that big?  You know the answer:  money printing! Former Federal Reserve Chairman Ben Bernanke was both candid and shameless about it just a few years ago:  “The US government has a technology, called a printing press, that allows it to produce as many dollars as it wishes at essentially no cost.”   From 2024 to 2054 the annual deficits will average 6.7 percent of GDP.  That is almost double their average over the last half-century! By 2054 the deficit will hit 8.5 percent of […]

  • Why is gold setting new records?   It’s a gold and silver bull market for all the reasons we’ve been saying.  As we write this, spot gold is about $2,400, while Spot silver is closing in on $29.00 per ounce.  Why are precious metals so strong, especially in a rising interest rate environment? Because other countries are fed up with dollar inflation. US debt has gone stratospheric, and the swamp creatures don’t care. Their cronies are stealing everything, and Washington wars are making us poorer. Just a decade ago foreign investors and foreign central banks owned about 43 percent of all outstanding US government debt.  That has now fallen to about 30 percent.   Washington has given no sign that it is going to do anything about soaring US debt.  On the contrary, its spending continues to grow ever more reckless. Some of that spending is driven by forces out of the hands of Capitol Hill.  Rising interest rates are hitting hard.  […]

  • Lew Rockwell Says “Let’s Do Everything we can to end the Fed…” “The power to create money is the most ominous power ever bestowed on any human being. This power is rightly criminalized when it is exercised by private individuals, and even today, everyone knows why counterfeiting is wrong and knavish. Far fewer are aware of the role of the federal government, the Fed, and the fiat dollar in making possible the largest counterfeiting operation in human history, which is called the world dollar standard. Fewer still understand the connection between this officially sanctioned criminality and the business cycle, the rise and collapse of the stock market, and the continued erosion of the value of the dollar.” Those are the words of one of the most important champions of sound money in this age.   Lew Rockwell has been extraordinarily effective in the fight, on the front lines of the battle, and always in key positions.  He was a former […]

  • It was not quite a year ago that banks started tumbling down.  You remember the names:  Silicon Valley Bank, Signature Bank, and First Republic, all American banks.  But it wasn’t just an American problem as the presence of Swiss banking giant Credit Suisse and Deutsche Bank on the troubled list attested. Rising interest rates were tanking the banks’ holdings of US Treasury debt instruments and mortgage-backed securities.  Many Americans – although not most – made withdrawals from their banks.  It was only prudent.  Why keep your money parked in troubled institutions?  It’s your money.  Protect it! Even though the Fed’s balance sheet is upside down (that’s another story!), the central bank rode to the rescue with another Big Bank Bailout Bonanza.  Don’t be surprised.  The Fed was created by the Big Banks in the first place to do Bailout Bonanza whenever Big Banks needed them. The Fed said, “Even though as a matter of law, accounts at Big Banks are […]

  • Once again Republic Monetary Exchange’s Jim Clark joins Robert Kiyosaki’s panel of experts to complete the four-part series that Robert calls “the most important show ever!” The Rich Dad Poor Dad radio show panelists – all veteran gold professionals – have been called together to explore the significance of gold as a timeless form of currency and a safeguard against economic turbulence.  They discuss gold’s unique properties, its historical role as a reliable medium of exchange, and the dangers of relying on fiat currency. The conversation also addresses central banks’ gold acquisitions, the possibility of government gold confiscation reminiscent of the 1933 U.S. event, and the diverse views on its probability and consequences.  The episodes offer a comprehensive analysis of gold’s value in the face of contemporary financial challenges and its importance in investment portfolios for wealth preservation. Here are all 4 episodes that make up the series… Part 1 of 4: Part 2 of 4: Part 3 of 4: […]

  • The world’s best-informed buyers are central banks.  They know the made-up, unbacked, paper, and digital money ruse best.   And they keep buying gold. How many Americans could explain how the entire Federal Reserve monetary system works, how they create money out of nothing at all?  One in ten?  One in a hundred?   Probably not that many.  But central bankers know exactly how the system of legalized counterfeiting works.  That’s because they use it against their people. Today, instead of continuing to be victimized by our central bank, the Fed, they are moving away from the global dollar monetary system.  And they are buying gold.  That’s because they don’t mind victimizing their people with made-up money.  They just don’t want to be victimized by us. The World Gold Council has the latest numbers.  Central banks’ buying momentum continued in November with the net addition of 44 tons of gold. The buyers are mostly from emerging markets, not as closely […]

  • Rich Dad Poor Dad author Robert Kiyosaki presents a four-part program that he calls “the most important” show ever. Today we present Part 1, The Good News and Bad News about Money.  It features Jim Clark on a panel with other veteran precious metals experts including RME associate Charles Goyette. The discussion addresses the historical context of the US dollar and explores how global economic shifts could influence personal wealth.  Robert’s guests share their knowledge and personal experiences, emphasizing the role of precious metals in safeguarding assets. Enjoy Part 1 of this very important 4-part series.  We will post Parts 2, 3, and 4 as they are released.