QUESTION: Mr. Armstrong, everyone knows you could have sources past what everybody else has. My query considerations is there the rest that’s shifting the gold from Europe to the USA in addition to the prospect of warfare?
DS
ANSWER: Sure, what I’ve been warning about is the approaching capital controls. You might even see a excessive even right here in March. Be very cautious due to the upcoming elections in Poland. The primary spherical of the presidential election will probably be held in Poland on 18 Might 2025, and, if essential, the second spherical will probably be held on 1 June 2025. The worry is that, like Romania, they’re determined to maintain the facility in play. They could begin a false flag to affect that election. I’m undecided they’ll annul it like Romania.
It appears to be like like capital controls will probably be in place for a minimum of 2026. With out permission, you won’t be able to maneuver gold or money out of Europe.
Then Trump might revalue gold from its official worth of $42 to market worth to enhance the US steadiness sheet. This may additionally affect shifting gold to the USA. From a market perspective, it actually doesn’t matter what worth they place on gold. We is not going to possible see a return to a gold commonplace with a hard and fast worth, which might be extremely deflationary.
