gold news

  So far, gasoline prices for you have risen by4 cents per gallon. And just like I said with gold when it was going up and people want to take profits and I said that you haven't seen anything yet. You have not seen anything yet. We've got a heavy one today, my friends. I'm just going to work off my list here. We got so much to talk about. I'll just go through everything. No particular order. It's a nice image I saw online that shows you the average duration of a bull cycle in gold. So, if you're wondering

how high can it go, how much longer, it's a lot more years ahead of us of gains and precious metals. The jobs report came in, 92,000 jobs lost in February and it was surprising to everybody except for us. And this is showing you in the unemployment rate actually ticked up a little bit. It's going slowly, but I tell you, the slower something goes, the more sustainable the move. We're going to go to double digit unemployment and it's going to stay there for a while. We're going to go to

double digit inflation and it's going to definitely stay there for a while. It's going to be pretty extreme worldwide actually. And if you want the Peter Leads app on your phone, so you got the entire Peter Lee team in your pocket wherever you go or you want anything else that we can provide to you that'll help you, you can see it all at peterleadeds.com. You're going to see inflation going up next week when we get the inflation report and it'll be surprising to everyone. But whatever amount it goes up

a little bit or a lot, that's the beginning. It's sort of like the seed that's going to grow into the tree. That amount's going to go stronger and higher and stronger and higher for quite some time. And you're hearing a lot about the strategic petroleum reserves. I did this, we talked about it a lot years ago and the math came out to something like if we were to use just the strategic petroleum reserves for all the oil needs and all the oil in the world got cut off, it would last us I think it was a

month and a week or something like that. Don't quote me on that, but it was not a long time. And the strategic petroleum reserves are pretty low right now. And the whole point is for times like this. So unfortunately it hasn't been refilled but there's a little bit that we could squeeze out to try and ease the strain for people at the gas pump for example get the price of oil to decline a little bit and you hear a lot about oil but it's not just oil it's liquid natural gas and then talking about the street of

hormuz that's also food fertilizer products there's a lot more than just liquid natural gas and oil being cut off worldwide and it though is going to affect everything. You know, Turkeykey's getting in. I've been waiting on this one. I told you before that they want to have their hands meddling in Syria, but they just sent six fighter jets to Cyprus and they're going to get involved in their natural enemy to the Kurds, for example, and they're also not friendly towards Israel. They're more likely to

join Iran than anything else. when the sides get divided as prophecied by no jamas in 1555 version two of his book on prophecies which I read as a very young teenager he talked about three antichrists the first one since poly and the second one was someone he called hister and it turned out to be and then the third antichrist and I saw this as a young teenager I watched my whole life looking for who is this guy he called him maybe and nobody fit the bill but then I realized I was probably in BS

because listen to what exactly what he said in his quatrains. Mabis will soon die. Then will come a horrible undoing of people and beasts. [snorts] Then suddenly one will see vengeance. And I'm not saying that I believe this stuff and I'm not saying that you should either. But he's been spot on so far. And the next thing he says, the last thing is that there's going to be a big war between Western powers of America, most of Europe versus the access of Russia, Iran, North Korea, and China.

I don't know. I hope he's wrong and we're all going to find out probably like too soon. I'm so disgusted by the way the world's going right now. I just want to like I understand now why all these billionaires are building a spaceship and flying off into space. I'd be out of here too. And Iran keeps on talking about this next generation of missiles. And if there's something behind that, then there's going to be problems here. And they're starting to use cluster

bombs now, which are incredibly difficult to defend against. But the Americans are sending a bunch of warthogs, which are awesome. I saw a warthog do a fly over at a football game once, and it was amazing. These warthogs are going to shoot down the drones. So that's the next stage, next phase. But you see how war only expands. More military coming in, more military. Whether you're for it or against it, I'm not trying to put my personal opinion on anything here. I'm just telling you what's going on. I'm

not for or against anyone. I'm Well, I guess I'm for all these innocent people. I once heard, and I know you've heard it, too, that an eye for an eye makes the world go blind. If there was ever a time for you to really understand that, then it's right now. Just remember, there's a lag time. Just like when they raise or lower interest rates, you're going to feel the effect start to kick in three, four, six months later. And the same thing for a lot of these shipping disruptions when you're getting

rid of or having problems with food and you've only got 8 days until you run out of food if you're in the Middle East or you can't get any fertilizer and it's affecting countries worldwide just like Japan. Their markets came down 5% today but they had been doing really strongly. So, it's a lot of froth on a beer, but still the Japanese markets dropped 5% today when I checked earlier. And Japan gets almost all of their fuel from boats that come through the street of Hormuz, as does Korea. And you're

starting to see what's going to happen here in America, but not for a while. But maybe in Europe, too, in Australia. Shout out to my Australian viewers. I love you guys. We have so many people from Australia here. But what they're doing there now, they're rationing gasoline. You can only buy so much when you go to the pump. A lot of the stations ran out of gasoline. Only have about 35 days of supply and they're not really producing themselves like they used to as much. And they rely on boats

coming from the Middle East to get them the oil that they need. That's just one example of a potential followon effect that you're going to see because of the suddenly rampantly spiking prices on oil. All these following effects have started and they're soon going to all land right on all of our shoulders.