Home Real Estate G7 Decision To Ban Russian Gold Imports Could Backfire Spectacularly.

G7 Decision To Ban Russian Gold Imports Could Backfire Spectacularly.

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G7 Decision To Ban Russian Gold Imports Could Backfire Spectacularly.

#gold #Russia #G7 #NATO #BRICS #Ukraine #dollar #ruble #bullionbanks #derivatives #sanctions

Today we will look at another stupid decision by the Western countries that could probably be the final nail to be hammered in the dollar’s coffin as a major reserve currency.

This ban will make a significant dent in the amount of physical gold in the international bullion market and will make it harder for the Fed, BoE, and BIS to manipulate the value of the paper dollar higher versus gold.

We will also be conducting our Sunday Q & A session.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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38 COMMENTS

  1. Thanks both! Good team, tremendous knowledge and insights between Mario and Rafi. But maybe see if you can schedule 2 or 3 hours earlier when Rafi is on? CLEARLY the late hour is often a struggle for him in that time zone. He’s totally knackered this evening and even more so than usual. Would be a kindness to everyone if you can both fix this particular date at a few hours earlier! Felt sorry for Rafi trying to keep his eyes open. Some people are not night owls, especially if they’re early morning risers. Respect & gratitude to you both though.

  2. Mario, whilst I look forward to your postings on your youtube channel, I found your comments with Rafi implying the gay community as being part of the western decline, as unpalatable. So I am unsubscribing.

  3. The question regarding Gold standard should perhaps have been if there is going to be a "freegold standard"…i.e. physical unencumbered Gold being used in international trade or as a major vehicle for savings and if that will result in the end of fractional reserve Gold investments. And Rafi was alluding to this but I would have like him to comment on it specifically

  4. Great vlog great live stream yesterday I amazing still waiting for your comments on what you think a gold standard will look like? I think in the end they will have to go to backing the currency with 40 % gold? . Enjoy

  5. Is a ban that new? Africa is smuggling lot of gold on the market.
    Why is Venezuelan or Iran oil sanctioned when there's a shortage?
    Because there's no shortage. Countries could flood the market tomorrow with so much oil that the price would go negative again.
    I dont think you understand the market fully

  6. Kissinger has a special place burning in a pit of fire for eternity. Rafi has become one of my “must listen “ guests. By the way, the resemblance when clean shaven is the actor who played Arnie Cunningham in Christine

  7. Mario,
    I was wondering how much gold silver you should hold? If say someone had £25000 in the bank I do not know how much he has but I am using this as an example. I never see anyone say they have 90% of there funds in metals. I am trying to help a friend who is quite wealthy and asked me this question and I could not answer him and though of you. I am not after financial advice 🙂 just an idea.
    Gary

  8. Corporatism is a political philosophy that focuses on distributing responsibility for macro policymaking among various social groups (mainly government, labor, and industry).
    ESG is a political philosophy that focuses on distributing responsibility for macro policymaking among various social groups (mainly government, ENVIRONMENT, and industry).
    Fascism should more properly be called corporatism because it is the merger of state and corporate power.
    Ecofascism is a term used to describe individuals and groups which combines environmentalism with fascist viewpoints and tactics.

  9. The more gold is used as a ban commodity weapon, more value is added to it. Especially when it comes to gold barter or as a medium of exchange. Gold and silver will always be king of exchange until the lord takes it away. Gold is only getting in the way of a more traceable fiat currency such as cbdc.

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