Gold is Glittering Right Now

You need to realize something right now about what’s happening in America, as it is a historic financial turning point. The country is pivoting quickly toward devaluating the dollar at perhaps the fastest pace in history, which means everything you own that is denominated in US dollars (real estate, American stocks, US bonds, your savings accounts) are being intentionally undermined relative to the value of currencies in other countries. You don’t need to know all the details, but I have followed this story personally because the current Treasury Secretary, Scott Bessent, who controls decisions about America’s money (tempered by the Federal Reserve to a certain extent) is the brother of a close friend of mine. And he made all of his money as a currency manipulator- powering countries’ currencies up and down in ways that make billions of dollars for himself and his investors (mostly billionaires as well). And he and the current administrations’ senior officials (many of whom are billionaires- a connection?) are putting in place something called the “Mar-a-Lago” Accords. This is essentially a plan to drop the value of the American dollar, which weakens its position as the dominant force in the World’s financial diplomacy. Don’t worry about why they’re doing it, or even whether they really can do it to the extent that they want- concern yourself with what you need to do to protect yourself for the long term as the dollar slides maybe up to 25% relative to other countries. The most important “currency” in a falling dollar/rising inflation market is gold. The up-and-comer is crypto currency. And both of those things have been rocketing up in value recently, because people who manage other people’s money understand what the administration’s Accord tactics are doing.,

Gold hit an all time high this month (October), increasing 38% since January 2025. Bitcoin has increased 23% since then. But I think this is just the start- It seems very likely that gold will get up to $5,000 before too long (another 31% increase from here) and bitcoin will probably get to $200,000- a 62% increase. However, bitcoin jumps around way more than gold, and could also easily drop below $100,000 before getting to $200,000. Or it could even drop to zero if someone gets into the system and beats the code (definitely a possibility). Here’s my suggestion in this situation- Purchase some shares of a gold company called SA. I’m going to do that today.

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