The quick pace of the US dollar economic collapse news and fiat currency crisis events demonstrates that the dollar is at the end of the rope. What happens next is not good…
Bill says that selling oil for dollars gets leaders killed. So far, there is no indication of US agression against Venezuela. Venezuela has started pricing oil in yuan, and Russia has stepped up and said an attack on Venezuela is an attack on Russia. The new oil for gold-backed yuan will only add fuel to the petro-dollar fire.
The dollar has been devalued over and over, especially since 1971. Money velocity is dead, and the shift from West to East, and with it, the control of the world monetary system has begun.
Gold is the true hedge against inflation, uncertainty, and it protects wealth in times of crisis. Silver too. Bill does not see a smooth transition in this changing world dynamic, so plenty of gold & silver in the coffers could be very smart indeed.