More Reasons to Buy Gold & Silver | The Gold Standard 2341

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We are at a financial crossroads. Treasury yields are soaring to high levels and many events are shaping rough times ahead economically. Hostess, Jennifer Horn talks with Ken Russo to discuss strong reasons to own physical gold and silver. They point to the current challenges facing our nation and the world. Purchasing power, the legacy of your wealth, and your financial privacy, all these things are in jeopardy.

Recent bank collapses have alerted everyone to the instability of our fractional reserve banking system. Silicon Valley Bank, Silvergate Bank, First Republic, and Signature Bank were among the fallen. What’s to blame for the collapses? Treasury bond losses. Exposure to the cryptocurrency market. Human greed. The collapses of First Republic Bank, Silicon Valley Bank, and Signature Bank stand as the second, third, and fourth-largest bank failures in US history, surpassed only by the collapse of Washington Mutual during the 2007–2008 financial crisis. Investigations by federal agencies focus on stock sales made by senior officers preceding the bank’s demise. The shockwaves have been felt throughout the banking sector and the broader financial landscape. Analysts and policymakers are taking steps to prevent more collapses, but many see these bank collapses as only the beginning.

Ken Russo highlights a critical concern – the rapid national and global debt escalation. The US accumulated its first 10 trillion dollars in debt over 232 years. After the 2008 financial crisis, this surged by 9 trillion in just nine years. The subsequent 10 trillion took only four years, with an astonishing 2 trillion added in the last few months. The US accumulates debt at a staggering 1.2 billion dollars per hour. The US Federal debt alone stands at a staggering $33 Trillion. But it’s the unfunded liabilities that pose the most significant challenge. Social Security and Medicare, paint a sobering picture of the financial future. Social Security’s unfunded obligations have more than doubled in the last decade, surging to an alarming $20.4 trillion, equating to $157,000 per household. The latest Social Security fact report paints a dark picture for prospective retirees. Social Security will reach insolvency by 2035, a mere 13 years away. Medicare’s projected insolvency looms even closer in 2028, a mere six years from now.

Central Bank Digital Currency (CBDC) is inevitable. Issued and regulated by the Fed, CBDC will ultimately become the national currency. Instead of cash, you’ll have credits that the Central Bank will control. While they promise it as a new way of enhancing financial inclusion, streamlining payment systems, and providing more effective monetary policy tools, it will give them high monitoring and control over everyone’s finances. Concerns over privacy, cybersecurity, and impacts on traditional banking are essential considerations, but it will happen. As governments and central banks worldwide implement CBDC, they must balance innovation with safeguarding financial stability.

The recent expansion of the Brazil-Russia-India-China-South Africa (BRICS) group, including Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE), signals a strategic focus on energy resources. This move boosts the bloc’s energy production and diversification. Saudi Arabia’s inclusion strengthens its economic ties with China, solidifying China’s position as its top oil importer. Iran’s enduring partnership with China, centered on oil and gas, cements its role as a vital trade ally. Despite presenting a robust energy consortium, the BRICS nations grapple with internal divisions and rivalries rooted in geopolitical and strategic differences. One common thread unites them is the desire to break away from dependency on the US dollar.

The Indian Head Buffalo Silver round is distinctive in precious metal investments. Unlike government-issued bullion coins, which are minted and backed by a national government, the Indian Head Buffalo Silver round is privately minted. Its design pays homage to the iconic Buffalo Nickel, featuring the profile of a Native American chief on the obverse and a majestic buffalo on the reverse. While not considered legal tender, these rounds are highly valued for their fine silver content and artistic craftsmanship. Investors favor them because they have lower premiums compared to government-issued coins. The lower cost per ounce of silver makes the Indian Head Buffalo Silver round attractive for those looking to add physical silver to their investment portfolio.
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