Financial expert warns America's financial system is on the brink of collapse – and the best way to stay protected is with gold and silver
- Geopolitical tensions are threatening U.S. financial stability, and one of the best way to safeguard the value of personal assets is with safe haven investments like gold and silver.
- Gold and silver values remain resilient even during times of market turmoil, as their values are unaffected by government financial decisions, making them strong stores of value.
- Post-collapse, the U.S. financial system will have to go through a period of reconfiguration, including having to deal with bankruptices and massive debt.
- The best way to navigate this post-collapse world is by investing in gold and silver.
- Long-term projections show gold and silver values remaining stable and even increasing in the next few years.
Finance expert Robert Kientz is warning that geopolitical tensions could rock the fragile American financial system and cause it to collapse – and the best way people can protect themselves is
by pooling their assets into safe haven investments like gold and silver.
Safe havens are types of investments that are expected to retain or even increase in value
during times of extreme market upset. Gold and silver have for decades been considered as strong stores of value due to being physical commodities whose worth is not impacted by financial decisions made by governments, such as decisions by the Federal Reserve that impact interest rates. (Related:
Mike Adams Sermon 65 from the Church of Natural Abundance: GOLD is God's money, while fiat currencies are SHADOW MONEY.)
In an interview on "CapitalCosm," Kientz noted how, after a massive market crash, the financial system of the United States will go through a process of reconfiguration.
"Parts of that reconfiguration has already occurred, you've had all this stuff going on in the background," said Kientz." What will happen is capital will flow from bad areas to good areas… You'll see capital flow that way. You'll see capital destruction here, you'll see
massive collapse of businesses, you'll see the debt will have a reconciliation, because the debt cannot be paid."
"Once the currency dies, they're still going to have debt. They're going to have to go through a series of either jubilees or restructurings," continued Kientz, who noted how the government will have to pay for its outstanding debt through a massive sell-off of public assets. "You're going to see local municipalities go bankrupt. You're going to see water systems for sale. You're going to see the electrical grid for sale. You're going to see government-owned assets and fire sales go to private entities."
"It's going to be ugly and nasty, and the people
that protect themselves with gold and silver get out of debt. They will be better off," warned Kientz, who added that this process will still be difficult even for people who protect their wealth in safe haven investments.
"It's still going to be long lines at the grocery store, supply chain disruptions, loss of jobs," said Kientz.
Gold, silver values rising as geopolitical tensions increase
Despite some setbacks, the prices of gold and silver
have been steadily climbing for months now. Gold has rebounded from a short dip in prices following investors shying away from gold when the
Bureau of Economic Analysis released its Personal Consumption Index Price Index report that showed gold values missing analyst expectations.
As of press time,
the spot price for an ounce of gold is $2,624, a strong rally from a five-week low. Gold is expected to keep climbing and surge above the $2,650 per ounce level and head towards the resistance at $2,675 to $2,685.
Silver prices are similar, but have been more affected by traders focusing on a pullback from the U.S. dollar and falling yields from U.S. Treasury bond yields.
As of press time,
the spot price for an ounce of silver is $29.53, and expected to rise up to the $30 per ounce level – a value that is psychologically important to the market and could see traders reinvest in silver and possibly make its price keep rising.
Heading into 2025,
precious metals are projected to remain broadly stable, especially if geopolitical tensions remain elevated.
Gold prices are expected to remain elevated – about 80 percent above their average value from 2015 to 2019 – supported by strong demand for safe haven investments. Meanwhile,
silver prices are projected to increase by seven percent in 2025 and another three percent in 2026, as growth in supply lags behind strengthening demand.
Watch Robert Kientz's full interview on "CapitalCosm" as he discusses the preparations being made
for potential upheavals in the American financial world.
This is from the
Daily Videos channel on Brighteon.com.
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Sources include:
YouTube.com
Investopedia.com
FXEmpire.com
BullionVault.com
Markets.BusinessInsider.com
Blogs.WorldBank.org
Brighteon.com