gold news

 it's too late we've blown it the economy itself cannot be recovered you see rare things when you're at a market top so transition everybody is going from Wild optimism exuberance irrational greed to reality it's not that the mud's hitting the fan the muds already hit the fan nobody was looking at it hello my friends we're going to talk today about Iran and a potential strike on their nuclear facilities we're going to talk about aliens we're going to talk about these historically ridiculously

overvalued stock markets and how this bubble is about to pop we're going to talk also about gold and silver mining companies what you need to know for your benefit going forward gold and silver both took a little bit of a hit over the last couple of weeks from time to time some days they took a big $50 per ounce hit for gold for example and people panic and they worry they say oh my gosh we should have sold did we miss the boat the play here the philosophy is that the value of the dollar is going to be

declining because they're producing in too much of it they're making it too available so therefore each dollar has less value you can buy less and less and less which has been the case since about 1920 but as this dollar continues to decline in value and in terms of the desire for people to own the dollar other countries they don't want to own as much of the American dollar now and as that continues to play out as it will same reason that you're seeing such strength in Bitcoin for example too

as the dollars become worth less it takes more dollars to buy anything so one of you one of my subscribers has reached out to me and was asking about two of the really tiny gold and silver mining companies in the Golden Triangle in Canada that we're talking about which Eric Sprout is also involved with which is a huge stamp of confidence but in his email he was asking or actually mentioning did you know that palen stock you picked 2 and 1 half years ago is now over $80 that's a stock that's gone up 11

times in value it's an 11 bagger from 2 and half years ago you put in a few hundred bucks you take it a few thousand and what I said in my reply was these silver and gold mining companies that you're talking about will do even better than paler did that was an 11 bagger we can top that with some of these stocks that we talk about the Peter Le's approved gold and silver mining companies this move is just getting started if you got in on the gold trade you seen $1,000 per ounce of gold in terms of when we started talking

about it until now after a long time of being unloved gold is finally starting to wake up and you're seeing this possibly caused by the rampants buying that China is doing in preparation for their new Reserve world currency that's backed by gold and I did an entire video about that that you guys need to see if you haven't seen it yet this move is just getting started the entire world is now going through a transition a recognition that the US dollar is not what it used to be it doesn't have the same cache doesn't have

the same value and other countries are realizing this and the whole world's realizing that we're taking advantage of having the reserve currency we're just printing more and more of it we're just taking on debt or creating new money to pay for all the stuff that we're spending it on or buying it's absolutely unhealthy and it is a Ponzi scheme the entire economy itself cannot cannot cannot sustain like this it's not a question at all 100% % probability we're going to get a point that all

these problems we're having fiscally are going to come back and bite us on the butt you can't keep on taking on new debt and taking on new debt taking on new debt until you explode but apparently that's what we're going for how do you think this is all going to end and I tell you all the time that you can always tell when you're at a market top or Market Bottom by the expansion of the volatility when you see the stock market drop 1,000 points in a day go up 800 points in a day drop 500 points go

up 400 points that's extreme volatility typically you want the markets to go up 150 down 150 but we're seeing now is this widening of all the volatility which is signaling that there's indecision among investors things are going to change everyone is looking one way and they're going to start looking the other way so which way are they looking they're all looking optimistically the investor sentiment is so positive right now it's almost frightening it's alarming it's like being this deep into

winter and they're still not snow on the ground so it STS the reason that as we start focusing the other way of people's philosophy shifts or changes everything's going to be coming the other way going down the other way it's all going up going up going up everyone's saying that it's all going to go to the moon and then when you get there together and you look around and everybody that's going to buy has bought and you look at each other then you're Wy coyote about to fall off the cliff

it's at Market transitions like this you also see things like 10 straight days of down days on the Dow Jones Industrial Average which has not happened ever until last time it happened I was one year old that's how rare it is you see rare things when you're at a market top it's a transition everybody is going from Wild optimism exuberance irrational greed to reality and when that happens people will commit suicide domestic abuse will increase people will go bankrupt people go broke they'll lose

their lives they'll have to sell their house we're on the cusp of paying the piper for all of this Asen and ridiculous setup economically that we've LED and enjoyed up to this point everything is going to change you need to be ready if you don't get ready or understand how this is going to happen you're not going to land on your feet a lot of people are going to get wiped out by this they're not going to see it coming they're going to be completely blindsided they're going

to be totally surprised regardless of the fact that I've been talking about this and talking about it at the top of my lungs for over a decade now even published articles in the media you can read what I said about the problems with the debt that was decades ago it was clear then that this will explode until it changes and since then it's only grown and grown and grown it's too late we've blown it the economy itself cannot be recovered that's why we have multiple trillions of dollars of

debts and trillions of dollars in carrying cost just for our debt it's gotten so much worse since I started talking about it two de decades ago it will get worse from here and we're so close to it being at the point where it's so bad that it cannot get worse and that's when all the mud suddenly hits the fan it's not that the mud's hitting the fan the muds already hit the fan nobody was looking at it now we're going to start noticing oh my gosh the Fan's on and it's covered in mud it's spraying

mud all over the room when you look at historical precedents such as I don't know the price ratio for an easy one in fact in terms of all historical precedents when you look at things stocks are heavily overbought heavily overvalued on balance on average right now no question look at things like the Q ratio is basically I'll simplify it is comparing Book value of all companies to their value on the stock market anytime that gets above 1.0 that ratio there's usually well there's always a massive

stock market down move in the coming years which we're absolutely do by several years in my opinion but I'm always early but another one I look at is investor sentiment and it's a contrarian indicator if everybody in their Grandma thinks the stock market's going higher it's coming down lower because they've all acted on their beliefs they've already all bought drove up prices to their maximum Peak valuation and that's where we are right now just sitting there waiting for the

drop almost like a roller coaster when you get 12 up the hill to the top of the roller coaster and you're about to go over that's a situation that I believe we are in I understand that the powers that be can manipulate this Market they can do things they can produce more money they can change tax laws they can affect things they can continually artificially control this market and I always tell you anything artificial is temporary so all these influences are putting onto the market to make sure it doesn't crash it will

make the market not crash for a while how long it's not unlimited it eventually happens there's a time limit here you're not just playing it out till your last day this stock market needs to get into a more realistic position which means lower prices across AB board for almost everything except for certain stocks such as the ones we talk about in the Peter leed's newsletter they'll do good during this recession during this downdraft but most people are starting to understand what

I've been saying for all this time you know that we are on the edge of something something negative and that everybody is got rosecolor glasses on they're seeing what they want to see they're all expecting that this economy that an economy can even do what we're doing right now it cannot it's impossible we've got unnatural long life we've temporarily controlled things we've temporarily controlled things it's just going to make it worse when the mud hits a fence when everyone has to pay for the

setup that we've made here there's a very very weak economy beneath the stock market indicators and the economic indicators very weak but no one knows it because the politicians in their best interest they'll tell you this economy is so strong because it's better for them but that doesn't mean the economy is strong it just means that you were told the econom is strong by them which is better for them and then you were told that information doesn't make it right you can tell whether or not an economy is

strong based on things like debt loads delinquencies defaults unemployment and about 26 other things so anybody who knows what to look at you can clearly see this economy is absolutely weak and at the same time when you've got this stock market at hyper valuations waiting until it's going to have to pay the piper just floating there at extreme unprecedented unjustifiable levels and at the same moment we've got so many moving parts that are Absol absolutely meaningful and pivotal and just a heads up and you

didn't believe me a lot of people didn't believe me when I said on October 8th Israel will invade Lebanon they didn't no one believe me no one believed me because it seemed like such a jump and now I not understanding that logically Israel should make a move on Iran's nuclear programs now now is the time for so many reasons anybody watching this knows this is true and Israel is setting up to do it and they can do it on their own or they can do it with the blessing of America which

they'll probably get who knows but don't think that this is not a likely thing to happen this is the moment where Israel is already setting up they know what they're going to do they're going to strike and be done with having to worry about Iran's nuclear program this will happen and it's going to have such meaningful ramifications prices of oil prices of gold conflicts in the world the way that neighbors talk to each other everything's going to change as soon as Israel does what they're about to do

when are they going to do it I do not know are they going to do it I believe very likely that they're going to do it pretty significantly pretty surprisingly relatively soon in my opinion and meanwhile the other major thing besides artificial intelligence and 3D printing and yada yada the other thing that's really changing all of our Lives is that there's a recognition now that aliens are real and that they are here now and people say well that's ridiculous you need to learn and

understand that they are here so now what does it mean for everything to do with your life and the economy this is a meaningful thing what does it mean the fact that there are aliens here constantly almost every day ships being filmed this matters there's a time when people thought the world was flat we learned that it wasn't it's better it's time we didn't think that aliens were real we're learning and the government is actually controlling all the Optics of this they're going to be

revealing the existence of aliens but they're just going to do it in a big ripping off the Band-Aid one motion they're going to keep feeding things into society they just recently allowed the footage of the alien ships that the US Navy Pilots were taking they've let that become public just feeding Little Seeds just dropping Little Seeds every once in while here's a little bit more about aliens here's a little bit more about aliens two years from now it'll just be a own thing and then Society will be

based on the fact that aliens are real and around us and what does that mean there's so many advancements that our society is going to be making over this 5year period right now that it's unbelievable with artificial intelligence robotics new technologies what a beautiful time to be alive in the world I could listen right now to any song from anybody that I want for no cost it's pretty cool so the point of all those video is that things are crazy now I think that you should double down what I

told you before is just sort of for the next couple of weeks or month just sort of sit back and think be okay with the silence there's a value in silence don't do anything because things are flying all over the place right now they're going up extremely they're coming down extremely bitcoin's going nuts it breaks 100,000 people crazy it's up to 108,000 drops down to 95,000 some people bought and lost $15,000 in the last couple of days on bitcoin but in this period of time where

things are so crazy you're going to want to be in direct contact with me which you can do by becoming an Insider Peter leads.com insiders that means you email me anytime you want ask me a question whatever you want and you get an extra special exclusive newsletter just for insiders everybody else you're going to want to join the Peter leads world famous stock pick newsletter these are really small highly analyzed companies which pass 29o leads analysis well technically time about itself that no one ever passes 29o

leads analysis but they come closer and that's how they make it into our newsletter the Peter Le's newsletter is one of the most popular financial publications of all time and somebody didn't believe me when I said that couple of months ago whatever it's an absolute fact based on the numbers of people who bought it because they like it and people who subscribe to the Peter Le newsletter often stay subscribers for many many years and a lot of them get a lifetime subscription to stay a

subscriber for the rest of time as long as they and I are alive something nice to shoot for