{"id":33470,"date":"2018-04-17T06:23:36","date_gmt":"2018-04-17T11:23:36","guid":{"rendered":"http:\/\/olduvai.ca\/?p=33470"},"modified":"2018-04-17T06:23:36","modified_gmt":"2018-04-17T11:23:36","slug":"they-know-whats-going-to-happen-governments-and-big-banks-are-stockpiling-gold-ahead-of-massive-economic-collapse","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=33470","title":{"rendered":"\u201cThey Know What\u2019s Going To Happen\u201d Governments And Big Banks Are Stockpiling Gold Ahead Of Massive Economic Collapse"},"content":{"rendered":"

\u201cThey Know What\u2019s Going To Happen\u201d Governments And Big Banks Are Stockpiling Gold Ahead Of Massive Economic Collapse<\/a><\/h3>\n
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The writing is on the wall and major financial institutions across the world are warning about the economic disaster to come. Unabated money printing, tariff trade wars, rising interest rates and retail slowdowns point to one result, and it\u2019s going to be brutal. Big banks and governments know what\u2019s coming and they are preparing for this eventuality by stockpiling huge amounts of \u201creal money\u201d ahead of the crisis.<\/p>\n

According to Keith Neumeyer, the CEO of the world\u2019s top primary silver producer First Majestic Silver<\/a><\/strong> and chairman of First Mining Gold<\/a><\/strong>, the cartels he\u2019s previously reported to the CFTC<\/a><\/strong> have continued to manipulate the prices of precious metals while loading up their own vaults with gold and silver. The answer to why they\u2019re doing it is simple, as Neumeyer highlights in a recent interview with SGT Report<\/strong><\/a>:<\/p>\n

The verdict is still out on whether we\u2019re going into a dis-inflationary or inflationary environment\u2026 gold can do well in both environments\u2026 the fact of the matter is governments are printing extraordinary amounts of fiat currencies and that is not going to change\u2026<\/strong><\/p>\n

The stage is set for higher gold prices due to the amount of money being printed\u2026 I am of the belief a major reset is coming where the governments of the world will need to get rid of their debt by fixing everything to the price of gold\u2026 and that\u2019s why governments like China and Russia and other governments around the world are accumulating gold\u2026 it\u2019s because they know what\u2019s going to happen over the next several years\u2026<\/strong><\/p><\/blockquote>\n