Gold is at all-time record highs in a number of currencies, and we can now add euros to that list…
Gold costs more than it has ever cost when priced in euros.
OK, “Hey Half Dollar, everybody knows the Euro has only been around for like, what, 20 years, so it’s not really that big of a deal!”.
That’s no the point I want to make.
This is: Despite the heavy hand of price suppression and market manipulation over the past several decades, and even more so than ever since the euro came into existence, the market riggers are barely able to hold gold down any longer.
How do we know that?
Well, if the cartel was able to, would they really let gold go to new all-time highs?
I mean, silver last hit an all-time record high in 1980:
The cartel goes to great lengths to ensure gold & silver don’t rise in price.
Although the cartel is now clearly in the process of losing total control.
Record high gold priced in euros is just the latest example of that.
What happens when they lose total control of gold in dollars?
That is when the great wealth transfer begins for stackers.
And I’m just referring to a natural movement in markets.
Add in a financial crisis and a global monetary reset?
That great wealth transfer becomes much more.
Gold is at $1550 price in dollars, and yet.
The US dollar is still relatively strong.
The math is really pretty basic.
Fiat currency goes to zero.
Gold & silver will never.
All time record high!
Priced in euros.
In US dollars?
– Half Dollar
About the Author
U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, an active amateur trader, and a Silver Bug at heart.