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Find UFOs, The Apocalypse, New World Order, Political Analysis,
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Rumor Mill News Reading Room, Current Archive
Greg Hunter: Like COVID-19, Debt is growing exponentially & needs massive infusions of cash to service it which is bullish for Gold [VIDEO]
Posted By: NaturalWisdom Date: Thursday, 9-Apr-2020 01:31:32
www.rumormill.news/144123
Disorderly Price Increases Coming for Gold & Silver – Craig Hemke
By Greg Hunter | USA WatchDog
On April 8, 2020
[snip]
Financial writer and precious metals expert Craig Hemke says high demand coupled with low supply will unlock the price of precious metals. Hemke says, “Look, the system is a total fraud. This pricing scheme was devised in 1974 as a way to diffuse supply. It was to make supply appear more readily available... So, now it’s finally crumbling because people are finally figuring out it’s a scam...
...Hemke points out the life cycle of any fiat money creation system always ends up going vertical on a chart. Hemke explains, “You’ve got to constantly keep creating money to service all your existing debts. That’s what this system is, and now we are getting to the exponential phase of it. Just like the Covid virus is now getting to the exponential phase... It’s the same thing with debt. It’s growing exponentially, so the cash needed to service that debt needs to grow exponentially.”
In closing, Hemke says, “Gold has already made new highs in all other currencies except the dollar, but that’s coming... Gradually, over a period of months, gold is going to go to $2,500 per ounce, and that may be orderly, but there will be a time where it will be disorderly.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with gold and silver expert Craig Hemke, creator of TFMetalsReport.com.
https://youtu.be/wSpJUADU5vE
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