UK banks sent out letters eight months ago saying they will seize part or all of your account during in a “banking economic crisis” — Is your money safe? (4:04)

submitted by chottohen from bitchute.com

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[–]MagicMike 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (2 children)

One reason gold is over $2,000 per ounce is threats like these. China is loading up on gold too, knowing our rulers are destroying fiat in their thirst for power.

[–]Alphix 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Actually, gold is historically EXTREMELY UNDERVALUED. Most NPCs think of gold as a relic of a distant, primitive past, and that's because the Jewish media wants it that way.

In antiquity, you could rent a whole house for a year with slightly more than quarter of a Troy Ounce of gold (a "shekel", or 8.2 grams). Who wants a house for $500 a year? Yeah, everybody. Gold is dirt cheap, by that metric, it should be about $100k per troy ounce.

Of course there are other metrics, but you can see where this is going: even averaging all the metrics, we still arrive at a multiple of current gold valuations.