gold news

  Everything is changing so quickly and a lot of it is about the economy and a lot of it is going to cost a lot of people a lot of money. I know you guys are tired about hearing all of the issues with the economy, but that's partly what this channel's about. And I'm not trying to cheerlead it or scare you or drive views. I'm trying to give you the reality of the situation that we're in. I'm just telling you what's going on. If we have $855 in debt, I'm going to tell

you that we have $855 in debt. It's not an opinion. It's not my hope. I'm just telling you the facts and that's what makes a lot of people have a problem with my message. But some people can handle the reality and I think you're one of them. I've got two pages of stuff to talk about today, but this is one of them. There's so many items that we have to address that are all a problem for the economy and potentially for stocks, for your quality of life, for your wealth, your investments. That's why you

have to keep an eye on this. This is go time. Things matter now. There's never been a stronger drive towards American dollar dollization than right now. Countries that own US Treasury bonds that they own US debt, they're not buying it anymore. They're selling it. In a lot of countries, bricks comes to mind, are actively looking for ways to get away from the US dollar in terms of getting away from the sanctions, but also in terms of getting away from the use and also having their own currency for their own transactions.

So, while the US dollar is still the most commonly used currency and it is the reserve currency of the world partly because everybody uses it, that makes everybody use it, but it's losing some of that usage and demand every day. Every day there's less demand for the US dollars for a whole bunch of reasons. And while we technically still have the petro dollar, it's kind of a dead thing now where yes, Saudi Arabia can sell oil, trade oil and US dollars, but they can also do it in any other currency

that they want to. And you see that not only are we losing petro dollar status slowly, we're losing reserve currency status slowly. What this all means is that all these nations that have all these US dollars worldwide, which is our biggest export besides military, maybe with all these US dollars worldwide that aren't in as much demand anymore because they don't get used as much, a lot of them will eventually find their way back to American shores. And when they do that, that's going to have more dollars

home to roost in our own nation. Same amount of goods, just more dollars. And that means that things will cost more. There'll be more competition for products. inflation will increase because of ddollarization, because of the loss of the usage of the petro dollar. And of course, when they do a huge quantitative easing, monetary creation print coming up soon to pay for everything that we've already bought that we don't have enough money to pay for. When that happens, the value of each dollar decreases. Think of a dollar

like a slice or a share of the GDP of America. When you buy a share of stock, you have one slice of that company. If there's a 100 stocks and you buy a share of that stock, you own 100th of that company. And that's why when they put out a whole bunch more money, the value of all of those dollars declines. And that's why you've seen the purchasing power of the dollar decline by about 98% or something like that over the last 100 years. We had the big scare and that result in a lot of people working from

home and so all of a sudden there's all these big office buildings that are half empty and the owners of those office buildings who have a mortgage with a bank to pay for the property. They don't have the money coming in from the renters anymore and they can't pay their mortgage. And who's on the hook for that? The banks. The property developer, the building owner will go bankrupt, walk away, disappear. But then the banks are still sitting there left holding the loss of money. And then this is all

happening soon and a lot of these banks are going to take big financial write downs which will be very problematic for the entire banking sector and it's going to have a lot of negative consequences in terms of the overall stock market as these banks start recognizing the lack of incoming funds that they need to pay for the assets that they have on the books. And speaking of that time in life, you'll remember that the supply chains got all backlogged and supply chains were absolutely messed up. And

you guys remember that it did affect prices, availability of things. It was a focus. It was a problem. And now we're having supply chain issues again only. This time it's completely different. It's not that there's boats with cargo floating off of the ports. It's that there's no boats there. The products haven't even been shipped here. It's a completely different type of supply constraint that we're facing now in direct relation to this on again off-again tariff war. The

uncertainty is absolutely devastating for all financial assets. And again, I go back to this. This is just another way that inflation manifests. Everything we talk about today, it's almost as though inflation is the one aspect that connects them all together because everything that happens, every action is leading to inflation. As long as we are in a monetary expansionary phase, there will be more and more inflation. And as long as the US dollar is declining in value, there will be more and more

inflation. It's pretty straightforward, pretty simple. It's going to happen so slowly that there's not as many opportunities to make a big trade or anything. There are not a lot of huge risks that you got to worry about. Things that go slowly, don't worry about as much. Things that go quickly, you want to make sure you get in the right spot at the right time before they make a quick move. And with these tariff wars, there was a big draw down in the stock market where the market's getting

up pretty strongly. And then all a sudden, everyone's worried about their retirement savings because you're doing everything right. You're saving up. You're saving money away. And at the end of the day, you think that it's growing and you have a lot of money to take care of you when you need it. But unfortunately, people are already realizing that they just lost a huge chunk of their retirement savings. A lot of it's come back now. It's rebounded most of it, but the vulnerability is

there. A lot of people don't even know how to trade stocks or what to trade. They just put it in their retirement plan at work and all of a sudden they just wake up one day and through no fault of their own and out of their control, a third of it's gone. There's going to be some big pension crisis crises. They're even rejigging Medicare and Medicaid. they're thinking about. And all of this is a problem that's not ever going to go away yet. And as I told you, I warned you

ahead of time in the exclusive for Peter Le's Insiders that the internet was down all across Iran and Iran was jamming the radio signals at the same time. You know that that's when things are really heating up. And one of the rare times that I send the same content, not the exact same, the same topic to the Peter Leads newsletter as I did to the Peter Leads Insiders, that rarely happens. And that is because it's such a monumental event. I told you exactly that nothing is more significant than whatever

happens with this war. It's more important than inflation, more important than retirement savings, is more important than getting into the next big stock. and as a secret to absolutely no one, but it was a secret to most people when I start talking about it is that the great American debt bomb is obviously going to explode. But the point is it eventually will, and when it does, that's going to be a massive, massive problem. My personal hope is that they remonetize gold to something like $40,000 an ounce, which will take

care of all of these concerns. Other than that, we either default or we default through inflation, which we're already defaulting through inflation. And people trying to get greedy or make money or look for the next thing that's going to change their life. A lot of them bought into artificial intelligence and all these tech companies that I'm concerned about. I don't trust the stock market at all. And that doesn't mean I don't think these companies are great and that they're going to do great things. But it

took me a lot of work to go through and make the best picks of the tech companies for you guys at peterleads.com because so many of them are so overvalued right now because yeah, it's great 3D printing with artificial intelligence and yada yada and drone something this and that and all a sudden people are paying $5 a share for a company that is worth maybe 20. If and when this even current stock market bubble, not just a tech bubble, but somebody's going to set it off at some point, reality will cost everybody a lot

of money except for some people at the same time will actually enrich themselves because they positioned in the right investments at the right time. But if I had to pick something that's going to start becoming an issue now, it would be real estate. I believe that this is finally going to start doing what I've been expecting for a while. I was super early. I know. Just wait. Right now, there are 500,000 more sellers across America than buyers. And that's the most that's ever been on

record. And it's going to result in the beginnings of this entire market turning the other way with the recession when they come together at once. So many things are going to happen and there's going to be tremendous dozens and dozens of opportunities all around you that you can take advantage of. If you're starting to think about this stuff now rather than waiting until the moment while everybody else is panicking and reacting, you should already be sitting pretty. Redfan reports that there's 34%

more sellers in the market than buyers. At no other point in records dating back to 2013 have sellers outnumbered buyers by this much. And so I mean pick your poison. Any one of these could completely derail everything. And I don't want you guys to get the wrong idea from this video. It's not about finding the one thing that's going to happen next. It's about how all of this, and I always tell you this, this is all one thing. The fact that we have so much to talk about with the ways that the

economy is going wrong, getting a little bit wobbly, falling off the rails, the fact that there's so many different things that could go wrong. Even if you just think about complexity theory or chaos theory, the chance of something going really badly like a black swan that's going to affect a lot of people is extremely high. It's actually, in fact, higher probability wise than the fact of it not happening. It's more likely to happen than not a black swan that's going to be massively financially

painful, deterior quality of life, making things harder for you. And it's a bad message and no one will actually hear this, but you can go on YouTube and find a whole bunch of good messages. There's millions of them. But for now, this video is about what you can do to land on your feet to help the people you care about. And one way is to keep an eye on all of these things. And one way that's better than any in my opinion to keep an eye on every single one of these bogeies is by becoming a peer leads

insider because then you have me in your pocket and I'm keeping an eye on stuff for you and I'll let you know when it's time to sell your gold mining stocks, when it's time to invest in technology again, when it's time to avoid various types of investments. It all comes with being a Peter Leads insider. All you got to do is go to peterleadeds.com/insiders and then you got me connected to you for the rest of your life. [Music]