Is Now the Time to Buy Gold & Silver?
The world’s rich are desperate for gold and silver. Goldman Sachs calls gold and silver the ‘currency of last resort’. So does this mean you should step in and aggressively buy now?
In this episode, Terry Sacka AAMS explains why the gold and silver price has plummeted along with the Dow Jones Industrial Average when normally the precious metals market and stock market have an inverse relationship, and gives you the insight to make the tough decisions that affect your life, your family, your future, and ultimately your money.
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This is RIGGED I’m Terry Sacka, as we all know now, today (March 25, 2020), as you’re listening, that the vast majority of the country is getting to isolation or getting to social distance. And we go on and on over regarding all the different techniques to try to stop the virus. It’s going to keep going. Today’s program. I’m not gonna be very, neutral. I’m gonna probably dice some edges here. It’s not gonna be conspiracy. I’m just gonna throw out my opinion. So for those that want to hold on to it, just hang on to the fact that this is my opinion.
But I want to lay it out because of things I’ve seen over the years and what I see happening today because there’s some hot topics you know, people are talking about, you know, is it a good time to buy Gold and Silver? What’s going on with, you know, different products and different things that can put potentially cure the Coronavirus? Well, I don’t really think there are many things that can cure the Coronavirus right now next to the basic of hygiene and avoiding getting the virus, period. There is such an unknown variable here. Now my take. This is a bio weapon. That’s just my opinion. Now I’ll go down and I’ll hold onto that until I see otherwise. But I really believe this was a bio weapon. I think it was created by man. I think it got out whether it was intentional or not, but I’m going to get into a little bit of that later. But I think it was a bioweapon. Now, that being the case, it’s an unknown variable off what it is and what it does and how it impacts us. I don’t care what they’re saying. It’s flu like or it’s similar to this or similar to that.
That’s just not the case. It’s not what’s being reported by those who actually have it. Yes, some people are car getting cured quickly, mild symptoms, others. It’s like dying with glass in your lungs. Something is really wrong with this. The good news is that it mutates in a way where doesn’t seem to be loyal to one another, so we can only hope and wait that it mutates to the point that it just disappears. But I don’t really trust it. I don’t trust the whole thing, something. The timing, if anything, was overwhelmingly coincidental. It just so happens that last November, when most of us were in holiday time, that the repo market, which is interbank markets where banks go to borrow money overnight from other banks, was literally imploding. There were massive issues where the Federal Reserve had to step in for hundreds and hundreds of billions in bailing out the bank. Now this just was happening during the holiday time, and then, out of nowhere comes the virus. Now it almost always in the same time frame. But then the virus hits. And now here we are, with the virus wreaking havoc through the world because of our mobilization, and it is definitely deadly. Now, I don’t know if it’s gonna be as deadly or the deadliest thing that has ever happened.
It’s not the point. Look at the reaction. Did we react this way with MERS or SARS or anything else? No. How convenient. When the bankers were at the highest peak of malfeasance and this is not something of a debate. If you really got into the details, you’d understand that a vast majority of our banking system globally was insolvent. We had hit a peak economy. We had hid debt levels to the tune of hundreds of trillions that expanded. So when people are asking, is it a good time to buy Golden Silver? What? We’re going to get to that. But understand that this was already starting last fall, and then comes the virus. And then we have this overwhelming response, not just the media and and how the governments have been handling it, but overwhelming response of shutting down the system, the system to the point where it collapsed, the global economy. Now this is the worst time in the world that we could have handled the global economy crashing. But what a convenient thing that had crashed in the yields. While we get to blame the virus for that one instead of malfeasance of the banking in the government debt load, all of it is just too ironic. And two were Now that’s just my take. All I know is the data I’ve been studying, the things I’ve been saying. I was showing on wealth transfer news, but for the last two years outlining charts and data points showing how we are getting ready to completely collapse.
And I remember showing one chart where it said, Hey, we’re gonna go down here It’ll be about a 60% 70% correction. And I know I had eyeball rolls. Yeah, today we’re sitting at a Great Depression level of correction, and it’s up in its down. But the fact is, the market’s air down some 60% and I don’t believe it’s over. Regardless, the fact that the government is stimulating the economy to the tunes of trillions, they’re bailing out the banks to the tune of trillions they’re now debating in Congress. A multi trillion dollar bailout for small businesses, individuals. And we can go on. And I’m I’m amazed at whether doing in some of the stuff they’re trying to stick in this recovery package, it’s like it’s a free for all of money, folks. That money is coming from somewhere and this is going on globally. This is exactly what was called for we knew, and there’s people say, You know, there’s no such thing as a reset. Well, we knew a while back that there was going to be this reset where the currencies were all gonna collapse and they were gonna have to do bailouts.
And they’re gonna have to do debt forgiveness and exactly on cue, that’s that’s what’s happening. Massive bailouts, debt forgiveness, money printing to the tune of trillions that should roll every eyeball backwards 10 times. Now we don’t think that impacts us because we don’t really know how that’s gonna play out yet. But it’s going to play out hard core it will bring, even though we were in a deflationary period, massive hyper inflation. Now what does this mean as a bear market, really that bad? While bear market really means you’ve lost half of your portfolio in the stock market, what opportunities do exist in these times? You know, when we’re seeing this kind of correction. This is just beginning in the United States, and we haven’t begun to understand what bear market means. Yes, they’re bailing out, but families all across this country, my heart goes out and prayers go out to so many different people. And what’s happening in our nation. We have to be there for one another. This is not the time for political or partisan divide. We’re at an epic point of a bear market beyond bear market.
This is something going on right now that hit levels of the Great Depression and is worse than anything any of us alive have ever experienced or ever seen. I call it a normalcy bias, but it’s happening and is happening right now.
Do not be a denier,
I had people ask me, Well, what should I buy now? Get protected and prepare yourself properly. Tangible assets like golden silver I mean, the physical is flying out the door.
The futures market that controls the price right now in the Comex is completely detached from the reality off the physical demand. I’m in the refining in minting off physical precious metals. I know what that means, what the numbers mean. We can’t get the metal that easy. They’re big money is buying it up? Why? The average person doesn’t understand it. This absolutely is the time to buy it. But now you’re looking at premiums of 30 40 100% on silver, and it can’t change any time soon because the supply isn’t there. It never really was. There were ready to see a detached from the physical market of gold and silver, precious metals and the paper market in the futures that control it. And that’s not good.
But I just encourage you if you can get a hold of physical. But the problem is getting a hold of it won’t be easy, and I want to leave you a note with this. It absolutely is the time to try. The banking system is having a difficult time getting people their money. But think of this on a note. How convenient that now we’re faced with three things. Hong Kong protests are over, the French protest is over, and the populist movement has disappeared all on the heels when the banking crisis was in play. How convenient for a virus to show up, isn’t it? I just tell you, folks, stay safe, wash the scams on the Internet because none of that stuff a lot of it is fake.
Stay very focused on truth, pray for one another and be there for one another, because this is a time that we can actually come out and victory if we do it from the heart and instead of from our mind, so God bless each and every one of you will catch up next week.
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We specialize in helping investors diversify a portion of their portfolio into hard assets such as gold, silver, platinum, and palladium with advanced investment strategies designed to maximize returns through the purchase of physical precious metals.