Presidency and Gold – Beware the Government and Banks

JH: My name Jack Hanney, Senior Partner with Patriot Gold Group. Late last week financial market strategists and economists were advising their clients to buy gold and silver on the dips. Just yesterday, the Wall Street Journal reported how Donald Trump could spark a huge gold rally. That Trump’s pledge to tear up trade agreements and a rise overall certainty on the policy outlooks would likely hinder the
U.S. economy while spurring a rise in the demand for gold.

In addition, a President Trump would rapidly accelerate the transformation of the global monetary system away from the reliance on the U.S. Dollar, to a multi-currency framework. This morning The Street reported it’s not too late to get into gold, that gold could possibly soar another 60%. A report from late last week as well came out, that if you can’t touch it, you don’t own it.

That precious metals are a highly liquid form of investment they can be bought and sold quickly, they can be shipped anywhere in the world, or traded for metals in another location. It went on to say, the lesson to take away from here is if you can’t touch it you don’t own it. Banks and fund management firms can freeze your wealth so you can’t access it. Governments and banks can confiscate your wealth. If you don’t have the power to put your hands on your wealth on demand, you don’t own it.