Bondo- the real deal

Texas has joined a coalition of what is now 25 states urging the U.S. Supreme Court to repeal a New Jersey law banning the possession of firearms with magazines that hold more than 10 bullets, arguing the prohibition violates the Second Amendment and puts law-abiding citizens less able to defend themselves against dangerous criminals.

Texas Attorney General Ken Paxton announced in a statement that he had signed onto an amicus brief (pdf) which argues that allowing law-abiding citizens to carry firearms with 11-plus capacity magazines benefits public safety, counterbalances the threat of illegal gun violence, and helps “make our streets safer.”

“New Jersey’s law is a blatant violation of the Second Amendment, and its mere existence threatens the rights of law-abiding citizens. This law must be struck down,” Paxton said. “Criminalizing the possession of a magazine that is so commonly used leaves Americans defenseless and vulnerable, especially in high crime areas.”

*Texas Attorney General Ken Paxton during an interview with The Epoch Times’ “Crossroads” at the Conservative Political Action Conference in Orlando on Feb. 27, 2021. (The Epoch Times)*

Under the 2018 New Jersey law, it is illegal to produce, transport, sell, or otherwise dispose of magazines with more than a 10-round capacity, which the law characterizes as a “large-capacity magazine.” The law was upheld by the 3rd Circuit last year after a New Jersey gun association and two individuals challenged the ban. The association asked the full court of the 3rd Circuit to hear the case, but the review was denied in an 8–6 vote.

The coalition of 25 state attorneys general is urging the Supreme Court to review the court decision that upholds New Jersey’s ban on 11-plus gun magazines. The group argues in the amicus brief that “large-capacity” is a misnomer, as many of the most popular firearms owned in the United States come standard with a range of 11 to 15 bullets, and there’s “nothing sinister” about such magazines. The group says 11-plus magazines are permitted in 43 states and are considered “standard equipment for many commonly used handguns designed for self-defense.”

*A worker restocks handguns at Davidson Defense in Orem, Utah, on March 20, 2020. (George Frey/AFP via Getty Images)*

The initial amicus brief, filed on May 28, was spearheaded by Arizona Attorney General Mark Brnovich and Louisiana Attorney General Jeff Landry.

“New Jersey lawmakers are operating in total ignorance of our ability to protect ourselves and our families,” Brnovich said in a statement. “We hope the Supreme Court will hear this case and reverse this misguided attempt to erode our rights.”

The New Jersey attorney general’s office didn’t respond to an earlier request for comment by The Epoch Times.

Besides Texas, other states that signed onto the brief include Alabama, Alaska, Arizona, Arkansas, Georgia, Idaho, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Montana, Nebraska, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Tennessee, Utah, West Virginia, and Wyoming.

The Biden administration is seeking to tighten gun restrictions and introduce measures across the country seeking to control the sale and use of guns and firearm parts such as magazines. President Joe Biden has previously declared shootings a “public health crisis.”

The Justice Department on May 7 issued a notice of proposed rulemaking that the department said would “modernize the definition” of frame or receiver and close a regulatory loophole related to “ghost guns.”

Following a mass shooting in San Jose, California, on May 26, Biden issued a statement calling on Congress to take “immediate action and heed the call of the American people, including the vast majority of gun owners, to help end this epidemic of gun violence in America.”

Bondo’s News of the Week- In Links 6-5-21

Posted by bondo77 on June 5, 2021

Posted in: News of the Week. Leave a comment

Relevant news, appropriate headlines from the real deal

UN “Worried” As Global Food Prices Soar To Ten Year High

‘New world order’ being formed before our eyes, Russia’s deputy defense minister tells RT ahead of key Moscow security conference

https://goldswitzerland.com/exponentiality-leads-to-finality/

Labor Shortage Hits Epic Levels: Record 48% Of Businesses Can’t Fill Job Openings

“That Was A Lie”: Tucker Carlson Levels Fauci After FOIA Emails Connect The Dots

Congress Republicans Demand Fauci Testify on Alleged COVID-19 Lab Origin

https://summit.news/2021/06/04/video-a-vindicated-rand-paul-decimates-fauci-over-emails/

Fauci’s Book Gets Pulled From Amazon, Barnes and Noble After Damning Email Revelations

Victor Davis Hanson: Never Let a Plague Go to Waste

Poll: Majority Of Americans Believe COVID Came From Wuhan Lab; A Quarter Believe It Was ‘Released On Purpose’

https://summit.news/2021/06/03/former-mi6-head-warns-china-will-have-had-lab-leak-evidence-destroyed-or-made-to-disappear/

Greenwald: The FBI’s Strange Anthrax Investigation Sheds Light on COVID Lab-Leak Theory and Fauci’s Emails

Big Pharma now taking out Big Tech: Oracle VP dies of “covid” after receiving second vaccine injection

Hero: 7-Year-Old Boy Swims Hour to Shore, Saves Dad and Sister Taken by Current

Teacher Uses Concealed Gun To Stop Alleged Schoolyard Kidnapping Of Utah Girl

https://www.newswars.com/uber-driver-father-of-three-executed-by-carjackers-in-chicago-suburb/

How Facebook Turned its Market Success Into a Culture War on America

Twitter scrubs Nigerian president’s post & suspends account for ‘abusive behavior’ after tweeting warning to rebels

Loomered! Jack Dorsey Confronted At Bitcoin Event: “Censorship Is A Human Rights Violation”

Bing CENSORS Images of “Tank Man” on 32nd Anniversary of Tiananmen Square Massacre

Gross! CNN Anchor Eats Cicada Sushi Roll On Live TV

Russia’s $186 Billion Sovereign Wealth Fund Dumps All Dollar Assets

https://www.freightwaves.com/news/container-ship-scores-off-the-charts-fantasy-charter-rate-135000-day

Chinese Wind Farm Project In Texas A Threat To National Security: Kyle Bass

China’s Belt and Road Being Built with Forced Labor

Massive Blaze Engulfs Tehran Refinery Just Hours After Sinking Of Iranian Warship

China’s “Artificial Sun” Sets World Record Running At 120 MILLION Degrees For 101 Seconds

New IRS data reveals which states won and lost the competition for people and their wealth in 2019 – Wirepoints 50-state survey

Bill Gates And Warren Buffett Team Up To Build Advanced Nuclear Plant In Wyoming

Prosecutor Claims Capitol Riot Caused $1,500,000 In Damages. BLM Riots Caused $2,000,000,000.

Election Officials in Fulton County, Georgia Sure Act Like They Have Something to Hide

Unpacked and Undivided: Is The Court Sending A Message With A Litany Of 9-0 Decisions?

https://buchanan.org/blog/democratic-showdown-kamala-vs-manchin-149704

Wow! Judge Joe Brown Unloads On “Racist” Joe Biden & “Corrupt Witch” Kamala

Big Alien Lies Revealed – Steve Quayle

and this week from the youtubes:

https://www.youtube.com/watch?v=PgbIZz0mBZI

The Cyberattacks Are to Force the End of Paper Money

Posted by bondo77 on June 2, 2021

Posted in: Bondopinion. Leave a comment

Posted Jun 2, 2021 by Martin Armstrong The Cyberattacks Are to Force the End of Paper Money

I find it interesting how nobody seems to distinguish between a digital currency and blockchain cryptocurrency. The former is not traceable other than that transaction. To eliminate cybercriminals, the World Economic Forum is pushing ending paper money and moving to cryptocurrencies – not digital. With blockchain, the government would be able to trace the money to the criminal. The side benefit will be to ensure everyone pays taxes on everything they ever dreamed of. This is the REAL purpose of cyberattacks that are private decisions and outside the jurisdiction of government to trace and prosecute.

This is why Klaus Schwab is warning of cyberattacks. This is to end commerce globally without government-trackable cryptocurrencies. In 1934 when Roosevelt confiscated gold if you had money on deposit in a bank, which had been in gold coin, Roosevelt seized it all. The difference between a digital currency you use today with a debt or credit card is that is not traceable beyond a single transaction. Bitcoin using blockchain allows the government to trace every person who had that Bitcoin in the flow of money. Crypto is far more than digital and they never want to talk about that either. They will tell you no more credit card theft. Everything will be 100% secure. You will no longer be able to find a $5 bill in the parking lot.

I have written before how the Romans tried to outlaw prostitution declaring you could not pay a prostitute with a coin that had the image of the emperor which they all did. So they created these tokens you would buy from a money changer, you would pay the prostitute and she accepted them because she knew she could go to the money changer and he would convert them to coin.

Human nature is resilient. There are already counterfeit COVID cards. In Japan, every new emperor would devalue the outstanding money supply to 10% of his new coins, which also had no metal value. Soon, the Japanese refused to accept Japanese coins. They used Chinese coins and bags of rice. The Japanese government LOST the confidence of its people and was UNABLE to issue coins for 600 years.

They are desperate to get China and Russia into their Great Reset because just as the US dollar is the world currency with 70% of paper dollars circulating outside the United States, that could be replaced by the Chinese currency as was the case back in Japan. Will history repeat? Will we be using Chinese currency because Schwab succeeds in 2023 to end paper money in the West? My advice to China – start printing and imitate the stability of the dollar and never cancel your currency.

Even when Rome fell in 476AD, the barbarians still imitated the Eastern Roman coinage issuing the coins in the name of the Eastern Emperor. This only illustrates my point, that often the currency commonly used is that of another country.

Categories: Foreign Exchange

Bondo’s News of the Week- In Links 5-29-21

Posted by bondo77 on May 29, 2021

Posted in: News of the Week. Tagged: bill gates, china, covid-19 fraud, covid-19 vaccination, fraud fauci, inflation. Leave a comment

Relevant news, appropriate headlines from the real deal

Dr Fauci – the Politician & Stooge of WEF

Rand Paul: ‘Fauci Cannot Investigate Himself; Get Him Under Oath’

https://summit.news/2021/05/25/video-tucker-carlson-blasts-fauci-who-media-for-lying-about-coronavirus-lab-leak-for-a-year/

Fauci And Gates Are Both In A Downward Spiral As Their Misdeeds Come To Light

Fauci In 2012: Gain-Of-Function Research ‘Worth Risk Of Lab Accident Sparking Pandemic’

Over 10,000 Americans got Covid-19 despite being fully vaccinated, CDC says… and actual count could be way HIGHER

83% Of Employers Will NOT Mandate COVID Vaccines, Only 4% Will, Survey Says

BBC presenter Lisa Shaw dies after having ‘vaccine’ and connection being ‘investigated’ – how long before it is considered murder to tell people who then die that the ‘vaccine’ is safe and those that question it are extremists that must be censored? The question is directed at you BBC

FDA document reveals 86% of children who participated in Pfizer covid vaccine trial experienced adverse reactions

Collapse in Confidence by Refusal to Vaccinate

Model Dies Days After Receiving AstraZeneca Covid Vaccine

Huge! New Study Concludes Masks Did Not Slow COVID Spread In US

Senate Passes Josh Hawley, Mike Braun Bill Requiring Biden to Declassify Intelligence on COVID’s Origin

Senate Unanimously Approves Rand Paul Amendment Banning Chinese Gain-Of-Function Research

General Flynn Believes COVID Was A “Weaponized Operation” By China

https://summit.news/2021/05/28/former-state-department-official-says-idea-covid-19-emerged-naturally-is-ridiculous/

https://summit.news/2021/05/28/new-york-times-covid-reporter-says-its-racist-to-discuss-wuhan-lab-leak-theory/

Why Cause-of-Death Stats Aren’t as Reliable as the CDC Wants You to Think

How Texas Killed Covid: Ron Paul

Future virus ‘more deadly’ than Covid-19 will spark new pandemic, WHO chief warns

Big Pharma Is Already Preparing Vaccines For The Next Global Pandemic

Microsoft President Warns Life To Become “Like Orwell’s 1984” If We Don’t Protect Public From AI

Biden ATF Nominee David Chipman Says He Supports Banning AR-15s

US Mint Delays Silver Shipments Due To “Global Silver Shortage”

Dollar is Going to Collapse – Peter Schiff

Inflation & Implosion – Hyperinflation in 2022 – John Williams

Fed’s “Favorite” Inflation Indicator Explodes At Fastest Rate Since 1992 As Incomes Crash By Record

And Now Prices Are Really Soaring: May Rent Jump Is Biggest On Record

China Warns Australia’s Military Is “Weak”, Will Be “First Hit” In Any War With Western Alliance

BREAKING: Veteran Election Officials Say 30,000 Fake Ballots Found In Georgia Audit, ‘They’re Not Real’

BLM founder Patrisse Cullors resigns

Gates – Gore – Epstein

“We Might Have Some Drag Queens in Training”: PBS Children’s Show Features Dancing Drag Queen

and this week from the youtubes:

https://www.youtube.com/watch?v=rzHqcPcWNEI

https://www.youtube.com/watch?v=4iaUgmGOy4c

Bondo’s News of the Week- In Links 5-22-21

Posted by bondo77 on May 22, 2021

Posted in: News of the Week. Tagged: bill gates, covid-19, critical race theory, fraud fauci, great reset, mega drought, wuhan lab. Leave a comment

Relevant news, appropriate headlines from the real deal

How the CDC is manipulating data to prop-up “vaccine effectiveness”

EVERYTHING IS ON FIRE

wef-reset-300x300

A Timeline of “The Great Reset” Agenda

If Everything Is Going To Be Just Fine, Why Do The Shortages Just Keep Getting Worse?

Third Largest US Chicken Producer Runs Out Of Chicken Wings

Dollar Debasement Makes Gold and Silver Shine – Craig Hemke

Megadrought Nightmare: No Water For Crops, Horrific Wildfires, Colossal Dust Storms And Draconian Water Restrictions

Mega-Drought & Mega Food Shortages – Dane Wigington

Police Across America Brace For Another Violent Summer

Video Shows U.S. Capitol Police Gave Protesters OK to Enter

the reality

Supreme Court UNANIMOUSLY Rebuffs Biden Administration On Warrantless Searches For Handguns

“I don’t think there has been a greater engine of inequality than the Federal Reserve Bank of the United States”

https://theswarmblog.com/index.php/2021/05/11/the-end-of-western-globalia/

Texas Gov. Abbott Signs Bill Banning Abortions When Fetal Heartbeat Detected

PFAS Crisis: Toxic “Forever Chemicals” Found In US Mothers’ Breast Milk

Fertility Crisis: Men Will No Longer Produce Sperm by 2045, Says Top Epidemiologist

DHS To Close 2 Migrant Detention Centers After Allegations Of Abuse

gates group 1_2

Gates And Epstein Traded Advice On Bill’s ‘Toxic’ Marriage, Jeff’s Pedo Image Rehab During Secretive “Men’s Club” Gatherings

Microsoft Board Members Wanted Gates Gone In 2019 After Investigation Into Sexual Relationship

How Bill Gates’ Carefully Curated “Tech Savior” Image Unraveled

https://www.newswars.com/suspect-arrested-in-abduction-murder-of-toddler-in-dallas/

How Covid Put an End to Your Right to Due Process

10 Things We Have Learned During the Covid Coup

Resistance is Not Futile only 37.5% of Americans are Vaccinated

Texas Celebrates ZERO Covid Daily Deaths – Two Months After Biden Called Reopening ‘Neanderthal Thinking’

https://summit.news/2021/05/20/video-rand-paul-glad-fauci-is-finally-accepting-science/

https://summit.news/2021/05/17/video-fauci-declares-pandemic-has-highlighted-how-racist-america-is/

Over 100,000 Millionaires/Billionaires Have Moved from NYC to Florida

Survey Shows Half Of Non-Mask Wearers Will “Definitely Not” Consent To Being Vaccinated

#Jab2shack? White House partners with dating apps to encourage Covid-19 vaccinations

UFC’s Dana White Says ‘It Feels Great To Be Right’ About Masks And Lockdowns After CDC Admits Masks Are Useless

Politifact Quietly Admits COVID-19 Lab Escape Not ‘Debunked Conspiracy Theory’

https://www.youtube.com/watch?v=fDmGthBBRMY

New Cases Of H5N8 Bird Flu Confirmed In Tibet

Putin Won’t Recognize Biden as President of the United States

A Tesla Reportedly “Runs Over 2 Traffic Cops In Zhejiang”: Weibo Post

https://summit.news/2021/05/19/71-of-french-say-were-full-no-more-immigration/

https://summit.news/2021/05/19/video-shows-spanish-soldiers-throwing-migrants-into-the-sea/

New Zealand is the Poster Child for Schwab

US Army Reveals Range Of New Hypersonic Weapon

Largest US Naval Exercise In A Generation Will Prepare For “Future Conflict With China Or Russia”

Mapped-The-Worlds-Top-Military-Spenders-in-2020-1200px

Mapping The World’s Top Countries For Military Spending

https://southfront.org/mysterious-drones-attacked-turkeys-diyarbakir-air-base-photos/

European Parliament Votes To Suspend Talks For Turkey To Join EU

NFL Argues Black Players Have Lower ‘Cognitive Skills’ Than Whites, Deserve Less Compensation For Brain Injuries

Space Force Commander Demoted Over Book Claiming ‘Neo-Marxist Agenda’ And Critical Race Theory Infiltrating Military

Space Force Officer’s Book On Marxism In The Military Reaches No. 1 On Amazon After Being Fired

There Will Never Be A “Woke” US Military – Here Are The Reasons Why

War is peace, segregation is ‘diversity’? A Chicago mayor banning white reporters proves the US has entered dangerous territory

remember when this fool got a haircut during the lockdowns because she “needed to look good”

Tulsi Gabbard Slams “Abhorrent” Chicago Mayor’s “Blatant Anti-White Racism” – Demands Resignation

University of North Carolina Rescinds Chair Offer To 1619 Project Hannah-Jones

Greenwald: Liz Cheney Lied About Her Role in Spreading the Discredited CIA “Russian Bounty” Story

Texas Judge Finds Biden Administration Engaged In Racial And Gender Discrimination In Pandemic Relief Program

GOP Chair Elise Stefanik Says Biden DOJ’s Attempt to Block Arizona Election Audit ‘Unconstitutional’

Greater Idaho

E12bfiPX0AEd4MF

CNN’s Chris Cuomo ‘Inappropriately’ Helped Brother Craft Sexual Harassment Response

GPI-Timeline-Biggest-Historical-Events-by-Generation-main-image

Visualizing Key Generation-Defining Events In US History

and this week from the youtubes:

MUST WATCH! Mark Dice’s best video ever

https://www.youtube.com/watch?v=4COeEL9Mf1o

Everything is on Fire

Posted by bondo77 on May 20, 2021

Posted in: Bondopinion. Leave a comment

authored by Egon von Greyerz 5-19-21 in Gold Switzerland EVERYTHING IS ON FIRE

“Everything is on fire” – Heraclitus (535-475 BC)

What Heraclitus meant was that the world is in a constant state of flux. But the big problem in the next few years is that the world will experience a fire of a magnitude never seen before in history.

I have in many articles and interviews pointed out how predictable events are (and people). This is particularly true in the world economy. Empires come and go, economies boom and bust and new currencies come and without fail always go. All this happens with regularity.

A GLOBAL FIRE IS COMING

But at certain times in history, the fire will be cataclysmic. And that is where the world is now.

Explosive fires have started everywhere already. Stock markets are on fire and so are property markets, as well as bond and debt markets. The problem is that fires are initially explosive but always end up implosive.

So right now we are in the explosive phase of the fires with markets all going parabolically exponential or should it be exponentially parabolic!

We are now at the end of a secular bull market in the world economy which on a global level has reached extremes never seen before in history.

Never before has the world seen an explosive fire of this magnitude, fuelled by uber-profligate money printing and credit expansion by central and commercial banks.

We have talked about inflation running wild and it is not just happening in stocks. Property markets are literarily exploding, especially the high end. We see this all over the world and not just in the US. In the UK for example, HSBC stated that March saw the highest number of mortgages EVER issued. In Sweden properties sell for up to 40% above asking price in a frenzied bidding war and second hand leisure boats are in such demand that they cost virtually the same as a new boat. And if you want a new boat, there is none available until 2022. It also seems that people are desperate for company after the lockdowns as prices for puppies in the UK are up to 100% higher than last year.

Yes, everything is really on fire as people are desperate to just spend, spend, spend after a year of lockdowns and restrictions.

AN ECONOMIC BUBBLE OF AIR

But explosive fires always end in everything burning down or imploding eventually. And this is just what is going to happen in the next few years. A massive forest fire is not just totally inevitable but is also an absolute necessity.

Because economic bubbles consist primarily of air and lots of it.

When empires or countries run out of money all they have to replace it is air to keep the economy going. The air consists of false promises combined with lots of air in the form of fake money.

Since air is free, governments can produce unlimited amounts of it. And without exception, gullible people want to believe that it is actually real money and not just empty air. The beauty for the government is that they can just produce and borrow trillions of dollars at ZERO cost. And by manipulating interest rates they can borrow this money also at virtually ZERO cost.

THE ULTIMATE OF ALL PONZI SCHEMES

So first the government manufactures the money at no cost and then they pay NOTHING for the privilege of borrowing that money. This is the ultimate of all Ponzi schemes.

No wonder that bank(er)s, hedge funds and wealthy investors are raking it in.

The money obviously creates massive bubbles in stocks, bonds, houses, used cars , boats, puppies and other massively overvalued investments and consumer items.

Just look at how, for example, the Dow has gone up exponentially and parabolically in the last year in an historically unprecedented straight line.

THE US IS BANKRUPT

But let’s face it, the US is totally bankrupt. With less than a handful of exceptions, US federal debt has gone up every year since 1930.

So here we have the biggest economy in the world which can only hold on to this position by printing itself to a false prosperity at an ever faster pace.

Just look at the table below to understand what a government can create out of thin air.

After the Gold window was closed in 1971, US federal and total debt as well as money supply has gone Exponentially Parabolic and the dollar, the world’s reserve currency has lost 98%.

US Federal Debt up 74X
Total US debt up “only” 49X
M2 Money Supply up 29X>

Debt to GDP 1971: 37% – 2021: 127%

But like all exponential curves of a big sample, this one will end in tears. Bubbles are called bubbles because they consist of air. And when bubbles become too big, they ALWAYS and without fail burst and implode.

And this is what the US economy as well as the rest of the world can expect next.

Fundamentally, US and global stocks are massively overvalued. But we know that overvaluations can last longer than we expect, especially when you are talking about the end of a very long super-cycle which could be 300 years old or even 2,000 years old.

Technically markets are giving very clear signals that THE END IS NIGH.

Whether that means days weeks or a few months, is totally irrelevant. We know that we are at the end of the most remarkable period in history in regards to money, investments and the economy.

Also socially, morally and politically we are reaching a low point in history.

THE WORLD NEEDS A BIG FIRE

So back to the fire. We really need a proper very big forest fire that gets rid of all the excesses, be they financial or social. Only then will the world again create new green shoots, free from debt and false values, both moral and financial.

But before that the implosion of most debt and asset values will create a very difficult period of transition for the world. It could last one decade or several. How long it will actually last, only future historians can tell us.

There will be major suffering around the world which will not just be financial but also social. We will see wars, civil wars, famine, disease and migration. But there will be virtually no money for social security or aid of any kind. Nor will there be any pensions and very limited Medicare.

We know that cycles are part of life. And some cycles are more extreme than others. What has made this one worse than the world has ever experienced is that governments and central banks have interfered with the natural cycle of ebb and flow.

Gordon Brown, the UK Chancellor of the Exchequer (Finance Minister) famously stated in 1999 that he had abolished “Boom and Bust”. A few months later, stocks and the economy crashed.

This fatal interference in the natural cycles, especially by the US, will be very costly for the world as I have outlined above. By foolishly trying to abolish cycles, governments have exacerbated the problem to a degree that will create unnecessary suffering for the world.

The most important remedy in a crisis is family and friends. That is one of the advantages of difficult times that people support each other rather than just chase material values.

And in addition to family and close friends, there are so many wonderful things in life that are virtually free like nature, music and books. We will find that these past times are much more fulfilling than our iPads or Netflix.

GOLD, SILVER AND WEALTH PRESERVATION

As regards securing your finances in periods of crisis, gold and silver have always been critical to hold.

Everyone can afford some gold or silver. An ounce of silver is $30 and one gramme of gold is $60. So saving in precious metals will not only be very useful but essential at whatever level you can afford.

For bigger investors, physical gold and silver will be one of the few ways to avoid a total destruction of your wealth. As I have shown many times, gold is currently as cheap as it was in 1970 at $35 and 2000 at $290 in relation to US money supply.

THE DOW TO FALL 97% AGAINST GOLD

Stock investors have already seen a major destruction of their wealth since 2000 although most people are unaware.

The Dow has lost 60% against gold since the year 2000. That trend will accelerate in the next few years and I expect the Dow/Gold ratio to reach the long term trend line as shown on the chart below. This means that the Dow will lose another 97% from here against gold.

Gold and silver have not at all reflected the massive creation of money in the last 50 years. That catchup phase is likely to start very soon based on both fundamentals and technicals. The upside potential for gold and silver is multiples of the current prices and that is at today’s price levels. Hyperinflation could take the metals to unfathomable heights.

But holding physical gold, as opposed to Bitcoin, should not be seen as a speculative investment but as the best protection against the coming destruction of paper assets and the imminent disorder in the financial system.

Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management
Zurich, Switzerland
Phone: +41 44 213 62 45

Matterhorn Asset Management’s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 70 countries.
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