#VinceLanci: What Happens To #Silver As #Gold Gets Re-monetized
There was a seismic shift in the global financial money system last year when Russia was cut out of the SWIFT system. Because not only was Russian removed, but it served as a warning signal for other countries that they could potentially be next.
Since that time, we've seen countries continue their plans to de-dollarize, and find ways to do trade that doesn't involve the western financial system. And perhaps the most glaring recent data point to emerge was a paper from the IMF suggesting that gold is no longer just a barberous relic.
So in today's show, Vince Lanci looks at the latest developments, and explains why the move towards gold as money again, as well as playing the role of a means of trade settlement, is already well underway. And how given that's the case, what it means for silver.
He asserts that the latest government actions indicate that the situation is past the point of just being speculation, and talks about the ways the Eastern powers are now looking at the precious metals. Which will have a profound impact on the way the metals are priced as the system evolves.
So to better understand the changes that most of the world are not looking at yet, click to watch this video now!
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To get access to Vince's research at Goldfix Substack go to:
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To read the papers that Vince references in his talk go to:
The Golden Ruble:
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The IMF's recent paper on gold:
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Vince's article on silver being used as money again:
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And remember to get outside and have some fun every once in a while!:)
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This video was sponsored by First Majestic Silver, and Arcadia Economics does receive compensation. For our full disclaimer go to:
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