Financial writer and precious metals expert Bill Holter, aka Mr. Gold, has warned for years about what happens in the end when a debt bubble pops. Holter says the Deep State wants total control, which is why there is a big push to go all digital. He says buying gold and silver is not about making money, but protecting purchasing power and a defense against the Great Reset.
“If you lose 50 percent, you have to make 100 percent to get back to break even,” Holter says. “This is not going to be a time that you lose 50 percent and then things will start going back up again. Because of the debt all over the world, when the debt breaks, the financial system is going to break. If you have counterparties between you and your capital, you are going to lose your capital.”
Holter continues, “People ask ‘How much do I put into gold and silver’, and I say put in what you don’t want to lose. Gold and silver are the only money on the planet that cannot bankrupt in a world that is bankrupting. If you had this (gold) mindset since 2000, you are way ahead of the pack compared to the S&P or the DOW. There was zero default risk. When you bought gold, you got the biggest return and took the lowest risk.”
Here’s more from Greg Turner on USAWatchfog.com.
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