October

2024

October 2024

Every day you wake up, you are only 72 hours away from the financial drama.


Physical: Add up to $200 per oz.	For physical, add up to $16 per oz.	Are you still Paper Gold?

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During the years preceding the Big Depression of the 1930s' "politicians and green retards" also promoted EVs. There is no doubt that since then, they have learned nothing from their mistakes. Typical for those people...they never learn and only go for more power and money.

Monday, October 28 to Thursday, October 31: Panama is the top country for emigration in the world.

Updated Sections:Miners & Gold & SPX, Recession Proof Shs (LOCG), Recession Proof - hold,
Bio Tech-Pharma, Oil Shares, Natural Gas & shares, Uranium Shares,

ISRAEL ATTACKS IRAN...THIS WILL HAVE DRAMATIC CONSEQUENCES FOR THE WEST!

Africa has come to Europe. My wife and Former Libyan leader Muammar Ghaddafi warned that "Europe will run black from illegal immigration… it will turn into Africa." Since the United States and NATO helped overthrow Ghaddafi in 2011, millions of migrants from Africa and the Middle East have poured into Europe. Many transited from Libya. Francis

I spoke with a friend on Sunday evening. They moved from Panama to Spain about seven years ago and are packing up and returning. His wife is the director of a high school there.

She said that the bullshit that the EU and Government are forcing on them is unbelievable, and she refuses to do it to the kids. She also said that the school has 1,500 students, and this year, the new intake into secondary school did not have one Spanish child. All immigrants and foreigners. They are selling their farm in the north, and he said all their fruit crops are being stolen by immigrants moving through the countryside on their way to France / UK. They currently live in Galicia, Villarmil, near Oviedo. It is becoming intolerable. The cost of living is rocketing at the moment. Electricity is going through the roof, and food for the family is now costing them about 600 Euros a week. The changes in the last few months are crazy.

It’s Official! Panama is the Best in the World for Expats...especially for virtual Expats.

A new survey confirms what we’ve known for years: Panama is the top country in the world for expats. According to the latest poll by Internations, a global group for expats, Panama has rated the number one spot for living abroad, beating out Mexico, Spain, Costa Rica, and all the other destinations around the globe.
More than four in five expats (82%) in Panama are happy with their lives, compared to 68% globally. Almost three-quarters of respondents (74%) said they are satisfied with their financial situation, which is 20 percentage points more than the global average (54%).
Panama was number one in financial conditions and fourth overall in personal finance. Respondents to the survey said their money goes farther in Panama, with 88% reporting that their disposable household income is “enough or more than enough” to lead a comfortable life (compared to 70% globally).
And here is the big one for us: more than three in five respondents (62%) praise the affordability of housing in Panama, which we know to be true. That’s a sharp contrast to the global average — only 34% globally found their local market affordable. International also notes, “It’s the country where it’s the easiest for ex-pats to find accommodation.”
The survey touched on many elements that make Panama the best choice. For the group’s “Expat Essentials Index,” Panama excelled in language and visa issues, with a whopping 98% praising the unrestricted access to online services.
Panama also received good results for personal safety — nine in ten (90%) rate this factor positively (vs. 80% globally) — and the country ranks 15th for healthcare, according to the survey. Over two in five respondents (41%) agree “completely” that the population is friendly towards foreign residents.
What’s most gratifying about the praise is the source — these results reflect the opinions of people who have moved to Panama. They love it here. But that’s nothing new. We hear it daily from our happy clients who have made a new life for themselves in our wonderful country.

The video below is about Paraguay and is in Dutch. There are many other, better countries to choose from as "plan A" and "plan B," but not everybody can make the correct choice because they lack information and experience.

We know the ropes. Goldonomic has been providing 2nd passports and permanent residences for over ten years.

We have “experience” with several countries: South Africa, Mexico, Paraguay, Colombia, St-Kitts, Antigua, Panama...just to name some. Our experience clearly tells us that PANAMA is currently the best emigration option. The country does not have the disadvantages of Paraguay. Panama is centrally located, very modern, has an excellent infrastructure, a modern medical sector, many banks, shopping malls, excellent restaurants, etc...

Integration in Panama is much easier than in Paraguay because the Panamanian pattern of life is very close to Western culture. Many Americans and Canadians have already made the move. About 8 out of 10 plan B immigrants turned their plan B into plan A.

- The standard of living in Panama City is certainly not lower than that in Holland or Belgium.
- Maybe better. What is certain is that the roads are much better.
- Those emigrating to Paraguay, for example, end up with a much lower standard of living.
- The cost of living in Panama City is more or less the same as in Europe.

Goldonomic guarantees, arranges and handles the entire plan B (or plan A) procedure. We guide all our relations from A to Z, which is much more than the average emigrant thinks. For those going for a “plan B,” we assist in securing their assets outside of Europe. Once we take a case, we are 99% sure we will bring it to a good end. We also know how to bring your assets out of "political reach."

Our Real Estate Corner:

Belgium plans to hike the tax on Rental income to 25%. This could push a dry real estate market into the ABYSS!
Remember that in the 1950s, Germany took the real estate of German citizens as a bond for a huge one-time taxation of 50% of their total wealth.
People who continue to hold on to real estate or buy any have serious mental problems.
This year, the price of Gold rose by 40%. The wise people who invested in gold had and have not the problems linked to Real Estate: taxes, maintenance, mortgage payments, problems with renters who don't pay their rent, Most of all, Real Estate is seriously OVERPRICED, and the market is drying up while Gold is seriously underpriced and the supply dries up.
They are so desperate in Belgium that you can now borrow for your house for 40 years!!! Few people read the desperation...For premium members only.
The general price level of real estate in Panama For premium members only. .

Important Fundamentals:

ISRAEL ATTACKS IRAN...THIS WILL HAVE DRAMATIC CONSEQUENCES FOR THE WEST!
Please stop chasing the cheapest Gold and Silver. Soon, we will have a Gold/Silver squeeze, and you won't be able to buy 1 gram of 1 oz. Gold or silver. xxxx
Fed's Rate Cut Backfires as Treasury Yields Spike Higher. xxxxx
The ECB also cut rates, but the treasury yields on the PIGS-Bonds spiked higher. xxxxx
Those wasting their time in forecasting the price objectives of Gold still don't understand what is happening: The value of Fait-Money will drop to ZERO. Hence, the value of Gold will soar to INFINITY. The value of every other asset where the value is expressed in Fiat Money will crash.
As the automobile sector goes, xxxxxx
Diamonds are NOT forever: xxxxxx
Gold miners drop xxxxx
There are rumors that the BANK of America xxxxx


Debt is money, and money is debt. The picture above shows how close the USA is to hyperinflation.	The Medium-term TARGET for @-Gold is $3,800!

	<<--All banks are technically BANKRUPT, and if you still keep your portfolio with a bank, it's technically already no longer yours.


For premium members only.	For premium members only.
Fed and ECB lower interest rates but....>>>	>>> TREASURY YIELDS JUMP

Important Technicals:

Silver xxxx
Commodities are xxxx.
The US dollar xxxxx.
World Stock Markets show very xxxx
Crude oil and Gold shares continue xxxx
Natural Gas is up 22% ...this doesn't spell a lot of good. See section.

For premium members only.

Monday, October 21 to Monday, October 28: It's not the value of Real Estate going up but rather the fiat money losing in value and purchasing power!

Updated Sections: Gold-$, Silver, Euro and €-Gold, Long Term Charts, Royalty Co's, 
Gold & Silver Majors, Store Gold, Portfolio, US Dollar, Gold & Silver Juniors,
Miners & Gold & SPX, Recession Proof Shs (LOCG), Recession Proof - hold,

During the night of Friday to Saturday, a rocket fired out of Lebanon almost fell on Netanyahu's house.

Most major shipping companies have used the diversion route around the Cape of Good Hope for months. By the first week of April this year, the volume of cargo and tanker ships through the Suez Canal was 71% below the level of ship crossings seen in 2023.

This increases the cost of shipping from Europe to China and vice versa by 30% to 40%.

The Strait of Hormuz, where the bulk of crude oil is transferred, is still open. Few realize that Iran can block the street at will, propelling the price of crude oil, diesel, and gasoline to unprecedented record highs. Also, if this happens again, we may see "Traffic Restrictions" in Europe. Few know and remember that during the 1973-74 oil crisis/embargo in Belgium, traffic was banned during weekends. During those days and weeks, oil, gasoline, and diesel prices more than doubled.

On October 6, 1973, Egypt and Syria attacked Israel. The Soviet Union supplied the Arab nations, and the United States backed Israel. On October 16, with the war going badly for Egypt and Syria, a group of Arab oil-producing countries retaliated, raising oil prices by 17% and announcing production cuts. The ‘Oil Crisis’ had begun. On October 19, the Organization of Arab Petroleum Exporting Countries (OAPEC) proclaimed an embargo of oil exports to nations supporting Israel. By the end of the embargo in March 1974, the global oil price had quadrupled, from $3 per barrel to nearly $12 per barrel; US prices were significantly higher.

Note: See the section for commodities expressed in Gold to check the evolution of Crude oil's price (the actual price) over the past decades.

During COVID-19, you could easily recognize those with a low IQ level or those who refused to "reason": they wore mouth masks and went for the vaccine.
Today, you can easily recognize those with a low IQ level and those who refuse to "reason": they sell their physical gold and silver now or repatriate it to their homeland or Switzerland. They don't realize that HOME and Switzerland have become a HUGE trap. They don't know they are converting the actual real money they have into "worthless fiat money profit" and that Switzerland is no longer a "safe heaven."

Note: You have to have an IQ of just above the freezing level and be a retard to ship your gold from Panama to Switzerland. If you open or maintain an account with a Swiss bank/broker/vault/etc..., you have the IQ of a goldfish.

Where to store your physical gold and silver?

Note: It is important that you buy your gold and silver through a solid entity with a good reputation later on; you can easily sell them whenever you need cash.

Storage is one of the most significant aspects of physical precious metals, and there are many factors:

Don’t store it in a bank because, under the rules of most banking institutions, if a bank goes bankrupt, its precious metal holdings will go into the general liquidation pool and disappear into the hands of the liquidator. With a physical storage vault, even if the vault becomes insolvent, the gold remains yours. So, the key is to choose the correct vault with proper insurance (Lloyds and a concierge service).

You need to store it in a vault located in a country that does not levy any capital gains taxes on your precious metals, has little political risk of confiscation or seizure, and is generally safe and politically neutral. Most importantly, the laws of that country need to be sufficiently robust to allow you to visit the vault and physically remove your gold any time you want. This may sound like common sense, but you may be surprised to know that countries like India and China allow you to buy gold but do not allow you to export it.

Preferably, the storage company should be able to arrange lending over your precious metals and/or a buyback program through its clients.

Finally, the legislation should not be so complicated that it makes it impossible for you to hold your gold. For example, some countries simply do not allow various nationalities to hold their gold there at all. Russians, Latin Americans, Ukrainians, and increasingly, Americans often find it challenging to have gold storage contracts due to their nationalities. Switzerland recently seized all the gold holdings of Russians!

Holding your gold in Panama

At first, you might think this an odd choice, but when you dig deeper, you will find some interesting facts that make Panama unlike any other country on earth. Let us look at some of the reasons:

Reason 1: Panama has free zone legislation that permits importing and exporting precious metals, including their storage, without any taxes or duties. That means no VAT, import duties, capital gains tax, or taxes of any kind. Further, the free zone is protected, so the Panamanian government has little influence there and does not interfere. Panama has many free zones designed to service the Panama Canal.

Reason 2: Panama does not have a central bank. Thus, it is the least likely place to restrict gold ownership, import, or export. Furthermore, very few people know that Panamanian law still links the local currency, Balboa, to the Gold standard, which has never been changed.

Reason 3: Panama allows you to gain fast residency via various residency programs, which means you can easily enter the country and carry your gold in and out. This is important as you can gain physical access to your storage.

Reason 4: Panama is politically neutral and located in the center of the Latin American gold industry. Thus, Panama does not discriminate against Latin Americans, South Africans, Chinese, Russians, or other nationalities in terms of storing and purchasing gold, which is not the case for most European countries. Thus, Panama is ideal for holding family office wealth via precious metals.

Reason 5: Panamanian foundations offer rock-solid asset protection. You can hold your physical precious metals in a foundation or a trust without issue.

Note: for several reasons, we are absolutely against storage in Switzerland. Switzerland is done, cooked, dangerous, a relic from the past,...

Our Real Estate Corner:

Important Fundamentals:

Few realize that there is a HUGE, DRAMATIC difference between today's situation and the expected scenario in the 1930's. For premium members only.
All World Stock Market Indexes are in a solid UPTREND when expressed in FIAT MONEY only. For premium members only.
THE REAL SILVER PRICE IS THE PHYSICAL SILVER PRICE, which includes the premium some people incorrectly find too high.
As the Governments have to use more and more tax income to pay for the interest on the outstanding debt, and even lower interest rates won't save the situation, the Authorities will end up PRINTING MORE FIAT MONEY and TAXING you even more. Soon, we shall also see that they will confiscate all or part of your bank deposits. This kind of action is being prepared NOW in Germany.

	For premium members only.
DEBT is MONEY, and MONEY is DEBT.	The TARGET for $-Gold is xxxxx!.

derivatives

The visual above explains how the $130 T global market of stocks and bonds is often used to prop up a $2Q derivatives market. When the derivatives market inevitably collapses, the underlying collateral of $130T will be swept to the TBTF banks in the greatest heist of financial history. We expect this to happen unexpectedly and suddenly and to unfold in a maximum of 72 hours.

Important Technicals:

Note that the uptrend of several stock market indexes...
Remember our PATTERN X for Gold?...

For premium members only.	See sections for Gold and Silver miners for the many breakouts. Gold follows exactly our scenario...
Gold.

Tuesday, October 15 to Monday, October 21: Which asset class is and will provide the lowest risk unit against the highest reward unit?

Updated Sections: Gold-$, Silver, US Dollar, Rupee Gold, Yuan Gold, Swiss Franc & Gold, 
Euro and €-Gold, Candollar & Gold, British Pound & Gold, Swedish Krona & Gold,
Aussie & Gold, Yen & Gold, SA Rand & Gold, World Stock Market Indexes,
Indexes In Gold, Long Term Charts, Royalty Co's, Store Gold, Gold & Silver Majors,
Portfolio,

Once and for all, PLEASE DO ACT NOW...don't think and HOPE everything will stay like it is today. IT WILL NOT!

the hare and the tortoise As always, the markets already indicate which assets to trust to secure a defensive ownership strategy and which contain critical asset growth opportunities.

The days of owning a diversified stock and bond portfolio, plus real estate, hedge funds, Bitcoins, Crypt, etc..all for the sake of diversification and the supposed safety, are over as we have a dominant tipping point for our financial system. Once it tips, you will be holding your assets in custodial institutions that are not likely to survive the coming economic and financial deluge that will arise due to these significant bearish cycle realities.

As global war tensions increase, looking at the War Cycle and its implications for gold and commodity prices is crucial. We are now simply doomed to repeat what we did not or refused to learn from the past. We are now entering a period with immense risk for war and civil war that will probably explode coincidentally with international financial upheavals. At the same time, Europe is invaded by barbarians from all parts of the world. It has become so bad that they already are the majority in several parts of Europe. In other parts, they will be the majority in five to ten years from now.

Holding physical gold and silver “out of political reach” continues to be recommended, as they are the best financial hedges through this uncertain period.

Also, we expect a financial Armageddon that will lead to a new world currency order with high inflation, food shortages, and rationing—digital food stamps. Again, holding precious metals is the best option to protect against the coming financial Armageddon.

SAME CIRCUS - DIFFERENT CLOWN!

I really don't understand why people still go voting. What we have in the West is nothing more than a huge circus with psychopathic sickos.

The US cost of wars since 9/11. They arrive at a staggering $8 trillion and the loss of 900,000 lives. In the last 20 years, the US has spent $8 trillion or 40% of annual GDP on conducting totally unsuccessful wars. Even after the departure from Afghanistan, the US is still involved in wars in over 80 countries. The Industrial Military complex is to enrich itself, consuming 40% of the annual GDP to kill people and destroy homes, fields, and cattle.

The Wars in Ukraine, Israel, Sudan, and Yemen are nothing more than CASH COWS. They just have to find a Sicko who is willing to lead the killing and the genocide while brainwashing the herd and the privates.

The EU is sharpening its teeth and tools and is starting to control the member states more and more each day. A digital passport is being prepared and, once launched, enslave Europeans even more. That day, the EUSSR will become completely active. Those who kept dreaming that it would not happen will be locked in a digital cage with NO WAY out. This will be worse than the USSR and the DDR!

Our Real Estate Corner:

We want you to keep buying Real Estate, preferably with a mortgage...
EU governments will bond your real estate and use it as a guarantee if you emigrate. This is because emigrants will, by law, have to continue to pay taxes to their homeland.
A law is being developed in the EU to levy a 50% heritage tax on real estate.
Those who don't sell their Real Estate in today's drying market are idiots.

Important Fundamentals:

The Western banking sector has become ONE BIG BANKRUPT JOKE, as even CENTRAL BANKS are bankrupt!

It is hard to understand that the markets may implode while they continue to go up when expressed in FIAT terms (thin air) as Bitcoin does. The epic stock bubble is coming to an end and could implode at any time. It is irrelevant whether it expands further due to the massive expansion in the money supply. Neither a company nor a country can show real growth based on fake money. When the bubble bursts, the world will learn that it consists mainly of air that will evaporate, and people will realize their fortune was nothing more than a bubble, a FATA MORGANA, which is unreal.

As the markets implode, so will all the debt and the bubble assets such as stocks, bonds, and property. These asset values were all illusory, based on hope and fake money. Once the markets start breaking down, we will see the same process as a stadium filling up with water: at first slow, then very fast. But this time, it will be reversed, and values will decline by unthinkable percentages in the “first 5 minutes”. Remember that in the last 5 minutes, the stadium went from 7% full to 100% full.

Investors, people still do not understand how undervalued gold is in relation to the massive expansion of the money supply. Gold is xxxxxx

	For premium members only.
Expect another 600% increase in price inflation.	The commodity index xxx

US government debt increased by $2.1 trillion over the past 100 days. That's $2,100,000,000,000! In 100 days. Foetsie. ” Guess who's gonna pay for it?

Important Technicals:

During bull markets, corrections are always swift and violent. This is because speculators liquidate their positions while reasoning investors add to them.
PLEASE stop wasting your time chasing the short-term fluctuations for Gold & Silver. You are buying life insurance...not chasing thin air (Fiat Money)

For premium members only.

October 8 to Colombus Day or October 14: The American Empire is over, just like the British Empire was in 1939.

Updated Sections: Crude Oil price, Germany, Panama, Gold-$, Silver, Rupee Gold, Yuan Gold, 
Swiss Franc & Gold, Euro and €-Gold, Candollar & Gold, British Pound & Gold, Swedish Krona 
& Gold, Aussie & Gold, Yen & Gold, SA Rand & Gold, US Dollar,

modern politicians The American Empire is over, just like the British Empire was in 1939. Even if Trump wins the elections, he can do nothing. It's too late. They've allowed CLOWNS and monkeys to run the USA for way too many years. Having said this, as the Americans have become a bunch of freaking IDIOTS, it is absolutely not sure Trump will win the elections. This is why we have decided not to extensively cover the 2024 November elections.

Political power corrupts because it is itself corruption. It is the legalized privilege of using brute force on persons who have not harmed anyone. Politicians, in pursuit of power, create the economic environment rather than rational decisions designed to serve the population.

Central banks and gold banks keep buying gold like there is no tomorrow and having it delivered, while small investors keep selling it at a profit—because there is a profit. When things get critical, they will limit or forbid the ownership of Gold and Silver. This is about to happen in Israel now. Soon, this is to happen all over the West.

Possessing significant cash substitutes, including Bitcoins and other cryptos, will also become prohibited. During the 1940s, it was even forbidden to cross the German border with a book script, a painting, etc. Note that lately, Bitcoin has been doing rather poorly compared to Gold. The dream is almost over?!

WHY IS IT SO HARD FOR PEOPLE TO UNDERSTAND YOU CANNOT MAKE REAL MONEY OUT OF THIN AIR..IMPOSSIBLE!

As we expected, Word War III is spreading each week. After Gaza, we have Lebanon and Yemen, Syria, and now also Iran. The war is not only spreading in the Middle East but also in North Africa.

We have literally thousands of years of history to examine when it comes to this question. Historically, a few people will see the writing on the wall and arrange to have a plan B and a safe house in a safe country. But the great majority will wait until the last minute, and when it comes time to make a run for it, they may have no plan whatsoever. So, we’ll see panic exits—many people attempting to leave due to some ‘last-straw’ event. It may be similar to the 1930s.

A wider Middle East war will stop oil flowing. As things unfold and worsen, Iran just needs to block the Street of Hormuz to push the price of diesel and gas in Europe to €5 and possibly higher. We all know what this means for Europe, don't we?

Energy prices can do a lot of harm to the European Financial system. They could be the spark that sets everything on fire.

We’re living in a house of cards. The banks are leveraged to the hilt, holding trillions in Treasury bills that they’ve used to issue even more debt. But when the music stops—when confidence in the Euro (U.S. dollar) falters—these banks will face a "liquidity crisis" like we’ve never seen before.

Unpayable debt is not just a US problem. This is all over the world. Central banks are having to issue huge amounts of debt because we are in the exponential decay phase. It’s inflate or die; the only way to inflate is to create more money supply. “The coming financial collapse will be worse than anything we have ever experienced. This will be far worse than the Great Depression simply because society itself is far worse. .

Back in the Great Depression, you had neighbors helping neighbors. Today, you will have neighbors picking on other neighbors like vultures.”

There is no way the system survives as it is now. It’s mathematically impossible. So, if it is mathematically impossible, are they going to blow smoke . . . up until the day it blows up? They have to kick the table over to avoid finger-pointing. War has always been an excellent excuse. What could go wrong? By the end of the year, the US government will have to roll over $10 trillion in debt. Meanwhile, the US government piles on $1 trillion in new debt every 100 days. In Europe, EU countries cannot devalue their currency to stay competitive with exports.

I can't believe it. There are so many live and recent examples of the scenario to come, and people still don't believe it, don't do the right thing, and don't act.

The entire system is built on confidence, and that confidence is rapidly eroding. The cracks are already visible: skyrocketing asset prices, insane corporate and household debt levels, and the Euro (dollar) becoming more worthless by the day. Once the confidence breaks, banks will start to panic. They’ll dump their assets, credit markets freeze, and liquidity vanish overnight. The Fiat Money will disappear...into nothing. Volatize.

What happens then? **Deflation**. Not the mild deflation you read about in textbooks, but a brutal, crushing deflationary spiral that wipes out trillions in wealth almost overnight. The economy will seize, and we’ll enter a new dark age of financial chaos. Your home will be worth NOTHING...

The elites know what’s coming. That’s why they’re buying up physical gold and silver. They’re positioning themselves for the post-collapse world. Are you? We’re in the final stages of a long, slow collapse. The warnings surround us, but most people are too distracted to see them. My advice? is "Prepare now. Get out of the system and out of Real Estate while you still can. Because when the collapse comes—and it will—it will happen fast. And most people won’t even know what hit them.

Chaostan (see map below) has become a reality and encompasses not only the Middle East and the East but also Africa, Yemen, and Sudan, to mention some. West Europa has become a communist nest where all economic and financial activity and freedom are killed more each sunrise. It all happened so slowly that the herd (majority) didn't even notice it. Now that almost everything is digitalized, it takes less than 24 hours to freeze the European Financial system. This includes Andorra, Monaco, Cyprus, and even Switzerland. Orwell-1984, the D.D.R. of the 21st century has been put in place.

Canada, thanks to Trudeau, has also become a communist nest. Everybody should remember how all the financial accounts of the COVID-protesting truckers were frozen. Few know that although Canada has vast oil reserves, it is so poorly managed that the country must actually import oil from the Middle East. I would say, Venezuela, here comes Canada with Clown Trudeau.

The United States circus, run by Democrats, is involved in more than 40 wars all over the world. At the same time, homeless people are becoming routine, and special parking is offered to the people living in their cars. Fentanyl-drugged people are seen in almost every large city. In other cities/states, armed groups of immigrants have taken over whole quarters and are pursuing the rent instead of the landlords. Recently, in South Carolina, they arrested a gang of Venezuelan migrants who were robbing the locals of what was left after the Helena Hurricane.

Keep your savings safe even during the worst times with physical gold stored in the best place for wealth preservation. We've eliminated the guesswork and found an ideal solution that will help keep your gold safe and within your control.

Our Real Estate Corner:

Remember that once the financial crisis starts, it will be impossible to SELL Real Estate.
Those who sold Real Estate at a 35% loss at the beginning of this year and invested the funds into physical gold/silver are now making a profit.
If you own Real Estate with a mortgage, you are out of your mind and know that you have already signed your own financial death by doing so.
In the EU, and as a starter, REAL ESTATE will be heavily taxed in the Netherlands. I can't repeat it enough: Real Estate is the IDEAL TAX COW for the government.
Click on the picture below for more (important)...I am 100% sure that the Authorities will use Real Estate to tax their subjects to death! They did it several times in history and will do it again.

Important Fundamentals:

All our silver miners

For premium members only.

all roads to gold 2024 10 02

Important Technicals:

Crude oil is still bottoming but about to break out to the upside.
The US dollar is about to fall through the floor

For premium members only.

Tuesday to Monday, October 1-7, 2024: Does a bunch of illiterates populate the world? What is wrong with most (so-called) financial and political analysts?

Updated Sections: Corporate Bonds,

Does a bunch of illiterates populate the world? What is wrong with most (so-called) financial and political analysts?

Chairman of the Russian State Duma Vyacheslav Volodin: For those who didn't understand it the first time, today, the European Parliament called on EU countries to lift restrictions on Kiev's long-range strikes on our country's territory, increase military support for Ukraine, and announce a collection of funds from the people of Europe for the needs of Ukraine's armed forces. I repeat it. If something like this happens, Russia will react hard with more powerful weapons. No one should have any illusions.

The flight time of the Sarmat rocket to Strasbourg is 3 minutes 20 seconds. The SARMAT is Russia's newest multiple nuclear warhead missile, capable of carrying fifteen (15) independent warheads of the Avangard design. The missiles fly at Mach 27 (32,000 km/h) and cannot be intercepted or stopped.

What is wrong with most people? Most people spent the past weekend thinking about how they would spend the long-awaited end of the work week with their friends and family. Few realized how close they came to realizing the gruesome scenario described in Annie Jacobsen's alarming must-read book Nuclear War: A Scenario that Only Takes 72 Minutes.

No more time is needed to end the world as we know it—less time than most films playing in your local theater. Most people wouldn't be able to drive to the local hardware store to buy the materials needed to do the minor repairs around the house, usually waiting until the weekend.

Walking the dogs? Playing with the kids? Forget it. 72 minutes. And everything you thought you were living your life for would be dead. If you live in a city, you will not make it—end of story. . . . And if you survived? To quote Nikita Khrushchev: “The survivors would envy the dead.”

They must create war before January, if not before the election. I think this is what all this stuff is about with the long-range missiles to shoot into Russia. If Trump does get in, they have to trap him into war. Trump is against war. . . .

There will be massive unrest if there is an election, no matter who wins. If Trump wins, there will be unrest that is paid for (by Democrats). If Kamala wins, you will finally see polite conservatives who have followed the rule of law, who are finally going to say that’s the last straw. So, no matter who wins, there will be massive rioting, which could lead to civil war.

Apart from a political crash, we are also expecting a Financial crash.

Every day you wake up, you are only 72 hours away from the financial drama. Timing is impossible. All I can say is the financial system in the West will crash. From a math standpoint, this Financial Mad Max scenario is going to happen. . . .Once you get derivatives cascading, it’s a 72-hour event, and no markets will open anywhere. When markets don’t open, that means there is no more credit. When there is no credit, the real economy stops.”

The Dow and SP500 are not defying the analysts. They are just defying the BLIND ones. I predicted over and over again that the Stock Markets would go higher, a lot higher, and I explained WHY. Today, it becomes clear that most analysts don't know their profession. That they are nothing more but “snake oil merchants.” I can't believe this is possible when we have so many modern examples of what happens when authorities and Central Bankers do what they do today. Look at Weimar, Zimbabwe, Venezuela, Argentina, Lebanon, Turkey,...What the heck is wrong with the world?? History repeats because people refuse to learn from history!!!. If stock markets crash, it will be because the financial system crashes, banks go belly up, and Fiat Money has no value. (See the subscribers section for more information.)

We may well see a physical gold price of $125,000 and a futures contract price of $10 because paper gold cannot perform. A silver squeeze could be the switch propelling the gold price to unseen levels. There are no real overhead resistance levels for silver, not even $50, as the trading volume at those levels was too thin. Silver will be the fuse to the price slingshot for gold.

If you calculate all the gold the USA should have since the last 1950 audit, with a total US debt of 35 trillion, Gold should trade well over $125,000.

But the government can, of course, never afford to repay the debt in taxes and other levies. Nobody understands that the consequences will be a catastrophic drop in the value of money, poverty, famine, shortages of many items, homelessness, social unrest, and probably war.

Once a country reaches that stage, the government is powerless. It is bankrupt and has no funds to assist anyone. The risk of anarchy is high since the government will have few tools to maintain law and order.

So, how can we predict such a dark period? It requires no predictive powers but just a study of history. Please read the"Gold & Silver timeline & Legal Theft” and see how authorities hopped on and off the Gold Standard each time it was required, and the citizens were forced to pay the bill.

AN ILLUSORY FANTASY GAME

Current growth is derived from creating debt (money) with ZERO intrinsic value, so the growth is only illusory. The world will soon understand that it is all a fantasy game, with trillions of unreal assets created by even more trillions and quadrillions of debt (including derivatives) made out of thin air. It is a Mississippi Scheme, a Tulip Bubble, and a Ponzi scheme all at once.

In the next few years, the world will realize that debt (currency) has zero value since neither sovereigns, corporations, nor individuals can repay their debt or even afford the interest.

Remember that the official global debt is around $350 trillion-plus, a big part of the derivative time bomb, which could be into the quadrillions. Much of that will transition to debt. As the debt implodes, so will all the bubble asset values. The billionaires will lose all or most of their wealth, and the trillion-dollar companies will lose all or most of their zeros (of their wealth).

The wealth transfer will be shocking. The wealthy have the most to lose. Some have been clever and are debt-free, but most are leveraged and will lose everything. Everyone will suffer, rich or poor. However, the poor and ordinary people have the most to lose, with no reserves, no safety net, and a bankrupt government that can’t help them.

The asset-rich BRICS countries will be major beneficiaries, while the debt-infested West will experience the end of a major era. These are all major shifts that will evolve over decades and even centuries. But the beginning could be very rapid and probably violent for the whole world,

So many factors come into play. Economic decline, financial collapse, wars, political and social unrest, poverty, food shortages, and mass migration led to major cultural shifts. Today, most big cities in the Netherlands, Belgium, France, and England are predominantly populated by barbarian invaders.

So how can we be so confident that all this will take place? Well, that is what history tells us with great certainty. History never lies, and it never fails us as lying politicians do, without exception, for their political survival. But history doesn’t tell us when, of course. So, the exact timing is always unknown. We also know that the world has never experienced a global debt bubble of such magnitude as we have today.

So, the timing is almost irrelevant. It’s important to understand that the risk is now higher globally than at any time in history. The odds are that those who do not prepare properly NOW will end losing all of their assets and savings.

DOLLAR, EURO, GOLD AND EXCHANGE CONTROLS

A continued and steep dollar decline in the coming years is a virtual certainty. As there has been no gold window to close since 1971, the US government is almost certain to implement foreign exchange controls as the dollar falls. I wouldn’t be surprised if it comes relatively soon, but the timing is irrelevant. The risk is here today; now is the time to prepare for it.

Thus, it would be advantageous for Americans and Europeans to have funds or assets outside of the US and, respectively, Europe (including Switzerland) as soon as possible. Physical gold and silver are clearly the best assets to hold as they also protect against dollar debasement. Real Estate is the worst asset as one cannot move it "out of Political Reach."

Switzerland and Singapore are certainly not good places to hold gold. Switzerland has become a "de facto part" of the EU by accepting CRS and blocking Russian bank accounts and other assets. Exchange controls, CRS, and FATCA will all be welcome mechanisms to stop capital flight. Singapore is part of the East bloc, and unless you are Chinese, it is a NO-GO.

What is extremely important is also not to hold your precious metals through a US-European-Swiss company or other entity, which the US-EU government can order to return the gold or silver from a foreign vault to the US-EU.

Instead, one must hold his metals in a vault with a concierge service located in a tax-free zone in a neutral country where capital gains are not taxed. One keeps full flexibility regarding where to ship and sell his metals. Like Panama, where you have the concierge service and full flexibility of your metals, you can sell these anywhere on "Planet Earth " and wire the result of the sale anywhere on the planet. This is really unique.

After Walmart, Costco also sells Gold bars like there is no tomorrow (members are allowed 2 x 1 oz. bars each). The American citizen is more intelligent than the average Belgian. Maybe because the Belgian nose is obstructed by "bricks and cement," and he has not experienced a "real estate crash" yet. But there is no doubt the hard lesson will come very soon. The Germans had their lesson during the real Estate was bombed) and after World War II. They learned the hard way.

Our Real Estate Corner:

Rent prices fall drastically after Milei repeals rent control in Argentina.
Prepare for a Canadian Real Estate crash.

First, the Real Estate market dries up; next, it crashes.

Important Fundamentals:

So, as the automobile sector goes, goes the economy! Consumers in every time zone are ditching their Chevys, VWs, and Hondas in favor of new models from Chery, MG, Changan, and BYD. China will export a whopping 6 million cars to more than 100 countries this year, cementing its position as the world's number one exporter. The average price of those made-in-China cars is $19,000. That's less than half the average price of a new car in America and Europe. (New European vehicles are even more expensive than the USA - often double as costly). American and European automobile manufacturers will have to close down their plants, resulting in massive unemployment. The process has already begun.
Israel is one of the first countries to limit the possession of gold and silver...others will follow!
Costco began selling gold bars in the fall of 2023. Wells Fargo analysts estimate that Costco sells $100 million to $200 million in gold bars each month. History learns that Americans have a good nose for Gold—much better than the nose of Belgians, which is obstructed by bricks and cement. (click on the picture below for the video)
The paper gold markets are now heading for a liquidity crisis as various central banks worldwide continue to For premium members only.

Important Technicals:

A ratio of silver gold 80 to 40 means that at 40, you can buy 2 oz of silver instead of 1 oz. A ratio of 80 to 10 means you can buy ten times as much gold during a silver squeeze. See chart below
See the charts below.


Note that the 1929 crash happened because the banks went broke, and the money supply disappeared.	Note that while the Dow Jones continued to reach record levels on the chart to the left, the inflation level did the same: this is NOMINAL CONFUSION.
For premium members only.
Here's a long-term chart of the Silver/Gold ratio; note that the ratio fell as low as 10 in 1980-81.	A strong Buy!


From now on, Gold will perform better than stocks.

For premium members only.
Gold will go much, much higher...Better, FIAT MONEY will crash to ZERO, and the Gold price soar exponentially.	Interest rates have broken their downtrend

For premium members only.

Categories: News

International Wealth Management

October 2024

Every day you wake up, you are only 72 hours away from the financial drama.

Monday, October 28 to Thursday, October 31: Panama is the top country for emigration in the world.

It’s Official! Panama is the Best in the World for Expats...especially for virtual Expats.

We know the ropes. Goldonomic has been providing 2nd passports and permanent residences for over ten years.

Our Real Estate Corner:

Monday, October 21 to Monday, October 28: It's not the value of Real Estate going up but rather the fiat money losing in value and purchasing power!

During the night of Friday to Saturday, a rocket fired out of Lebanon almost fell on Netanyahu's house.

Where to store your physical gold and silver?

Our Real Estate Corner:

Tuesday, October 15 to Monday, October 21: Which asset class is and will provide the lowest risk unit against the highest reward unit?

Our Real Estate Corner:

October 8 to Colombus Day or October 14: The American Empire is over, just like the British Empire was in 1939.

Our Real Estate Corner:

Tuesday to Monday, October 1-7, 2024: Does a bunch of illiterates populate the world? What is wrong with most (so-called) financial and political analysts?

Our Real Estate Corner:

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