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Top CEO Warns Of Global Reset: "It's In The Cards For Sure... It Could Happen This Year"
Submitted by Mac Slavo via SHTFPlan.com,
Over the last several months there have been numerous reports highlighting the frantic activities of the world’s ultra-wealthy elite. From the purchasing of emergency hideaways and airstrips to warnings from their financial advisors that it’s time to shift their assets into physical holdings, it appears that a lot of powerful people are afraid of a significant shift set to take place in the near future.
In his latest interview with Future Money Trends Keith Neumeyer, who recently penned a very public (and very viral) letter to the Commodity Futures Trading Commissions outlining the rampant manipulation by concentrations of shadowy market players taking place on commodities exchanges, shares his insights on what many believe to be a coming global reset.
According to First Mining Finance Chairman Neumeyer, the day of reckoning may come a lot sooner than most people think:
It’s in the cards for sure. Predicting exactly what it’s going to mean or what it’s going to look like… that’s the big challenge… I think a lot of people are ignoring it… but there are some forward thinkers out there who talk about it.
I think that the Chinese want their currency part of a floating currency… I think that’s really going to be the next leg in this whole change… in this reset going forward. It could even happen this year.
Watch the full interview with Keith Neumeyer
When this reset comes to pass the manipulations so apparent in commodities and broader stock markets today will be exposed, and according to Neumeyer, may lead to the biggest surge in precious metals we have ever seen.
Echoing the forecasts of one of the world’s leading trend strategists Gerald Celenete, Neumeyer notes that the monetary system that takes hold after a global reset could result in gold rising to $3000 an ounce or more. Such a move would have a similar impact on silver, which may stabilize at it’s historical silver-to-gold ratio of 16:1, putting it’s strike price somewhere above $150 an ounce.
Right now, you’re mining 10 ounces of silver for every one ounce of gold. So gold is trading at… let’s say $1,200 just to round it up. So that would be $120 silver, if the ratio was 10-to-1. So I say silver should be $120.
The other key ratio is the ratio that has been common for 500 years… Sir Isaac Newton came up with the ratio of 16-to-1 and that’s how they created the pound sterling. And so there was a theory that there was for every one ounce of gold, 16 ounces of silver in the earth’s crust. So using 16-to-1, at $1,200, it’s somewhere around $80-$90.
Silver should be trading, in my view, somewhere from $80 to $120 an ounce.
The prices Neumeyer cites are based on current trading levels, suggesting that silver is significantly under-priced already.
Now imagine what happens should we see a widespread crisis and subsequent global reset of the financial, economic and monetary systems. Markets are so fragile that even something as simple as China publicly declaring their true gold holdings could spark the next bull run in precious metals:
Of course it would and that plays back to what I was saying earlier. I don’t know if China’s ready for that to happen, because once they do it gold will probably go up by multiples… hundreds and hundreds of dollars.
I could see gold going up to $3,000 or some number like that.
Who knows exactly… but I do believe that that would occur because the people would see the hoard that the Chinese have actually accumulated over the last decade and that would completely change the market.
Countries like China and Russia are secretly accumulating massive stockpiles of gold and silver. Further, the ultra-wealthy have been warned in no uncertain terms by their advisors to do the same.
If there were ever a tell-tale sign that a momentous set of events is soon to take place, this is it. Follow the money, which at this time just so happens to be shifting to physical assets of real value in anticipation of the next leg of the global reset.
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Oh my! A mining company CEO warning of doomsday, and advising people to buy MOAR of what his mines produce (to protect themselves)!!!
heh heh
If he really gave a shit...he wouldn't be charging a hundred bucks to ship a kilo stateside...
If he really gave a shit he would be talking about the central bank gold price suppression that is destroying his industry and the lives of mine workers with impunty.
We should spend more time attempting to guess what they will likely change it to, cause lets be honest those that will control this shift will most likely be the same as in past shifts, '13, '33, '45, 71. I wish it wasn't the case but sadly it is.
Deflation will win the day in the US as it did in Japan. I'll keep my Benjamins.
Ben will be deposed like Hamillton , them is green shits wipe and will sport a pic of Reggie Love's dick in obama's mouth the 20 will sport grand pa yellens ass.
You assume this will be a shift controlled and initiated by the West. I am not so sure we would be so lucky this time around.
If the USD gets dethroned, it will be very different from past shifts. We'll lose the ability to import as much as we do, which is something that needs to happen, but for it to happen all of a sudden would not be cool. It could, in fact, get rather violent.
"Top CEO" = Total Doucebag
Is being a CEO of a large corporation supposed to make me respect someone? It doesn't, it's nothing more than proof he's a total doucebag.
Oh my!..another ignorant comment from funny money honey misstruth without even listening to the interview.
But he's a "top" CEO, it says so right in the headline!
TOP...... men
https://www.youtube.com/watch?v=Fdjf4lMmiiI
That guy stands in front of the Toyota Camry at the mall. If you fill out a form, he enters you in a raffle to win the car. Nice to hear his thoughts on the world economy.
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You sound like this "Top CEO Carnival Barker" who is head of a mining company who says "silver should be trading at $90 to $120 an ounce."
damn, those secret service guys are cheap
Suck your own balls and buy back moar stocks .
Thanks captain OBVIOUS. For your next trick, you'll be selling bankster proof umbrellas.
LOL
I carried a cooler into my buddies garage and started hangin' out with the guys. I had paid my Filipino friend to put on a parka(it was summer) and come knock on the garage door. Knowing it was him I opened it and upon seeing him, walked over to my cooler and pulled out a bag of ice and handed it to him. He held it up and examined the bag and with an approving nod, handed me some money. He left with the bag and I went back to my beer. At least 60 seconds went by before someone said "That motherfucker could sell ice to an Eskimo!"
China and Russia would be stark raving MAD to consider tying their currencies in a basket case with dollar/euro and any other monopoly type currency.
Gold&Silver
China is not tying their currency to the dollar/euro. They are getting away from the fiat imposions coming soon. China set up an AIIB(Asian Infrasture Investment bank) to circumvent the US 2010 code of reforms. The BRICS bank will circumvent the US and settle in Yuan, Rubbles, Gold etc but not the Dollar which is worth shit. This global Currency Reset is for real and I think will happen this year as well. At least I hope so and Greece could be a Trigger if they bail. We'll see.
tb
Further after years of trying to get a bigger say in the international institutions like the IMF (China) and offering to work arm in arm with NATO, rebuked (Russia) why from a position of strength would these two partners wish to join an increasingly unpopular and bankrupt club?
Silver should be trading, in my view, somewhere from $80 to $120 an ounce."
I chuckle to self
Yeah but --he'll sell his for $20
top ceo?? total bs
geral celente?? = the ralph nadar of finance
the "advisors of the rich" ?? why dont they ever tell their clients when to sell
The ponzi scheme will collapse when the TPTB decide it should collaspe. All the heralding of doom wont change this fact. TPTB will act only when the conditions benefit themselves. It might be the arrival of Nibiru visable in the sky ( if you believe this to be true) or it could be the completion of preparations for marshal law in the USSA. Who's to say.
TPTB contol the money spigot and can keep these phoney markets up for as long as they like. China is no different either. The powers in China are fearfull of an enraged public that would occur if there was economic collapse. The PBoC will print what ever amount of money is needed to keep the market going and to wait for collapse somewhere else on the planet. This way they can blame other factors for the collapse of the stock market and housing market and divert anger away from the ruling elite.
Max
TBTB still have to contend with the laws of physics. On that front, they lack understanding.
The forward thinkers are considered terrorist under the Chief Tranny war on guns His favorite gun vibrates the anal canal.
In 08 everyone thought gold was going to skyrocket. Gold has not appreciated in value for 7 years, eh. Real Estate is the only solid investment that consistently produces gains. I made more on land than most on Z/H made with gold in the last decade. Gold sucks as an investment.
And what was it at 3 years later? It didn't hold but it sure did skyrocket for a while.
Right, I have real estate as well as PM's. But, what happens when they decide to hike RE taxes to help service a $19 trillion debt?
It's doubtful you'll call yourself Master of the Universe then.
Gold and Silver are just like any item or commodity that a government slaps price controls on. It eventually leads to a shortage. And if they continue to control the price during a shortage, a magical thing called a thriving black market materializes. And that is where the price of Gold and Silver will be through the roof. IMHO
Gold is insurance, not an investment. For a period after any Mad Max or near scenario, when things are recovering. Other than that, it is pretty ;-)
If China and Russia are "secretly" accumulating massive stockpiles of gold and silver, how does he know about it?
Some people know about it.... "secretly" only means that neither Russia nor China are reporting how many tonnes of gold and silver they have purchased.
Input to educate... first listen and then sit down and do the research to ascertain whether or not what you've heard is correct or not. THEN weigh elements.
https://soundcloud.com/beyond-bitcoin-hangouts/jim-willie-beyondbitoicn-...
Check this. From one side of his mouth he predicts a global reset – the globe is made of dollars.
From the other side of his mouth, he predicts metal prices in dollars.
Great so if we've made it this far a little longer and were all back to zero again . Now the bigger question you ask yourself do you keep paying the mortgage to the dead beat bank/government
Because they'll send a nice man with a suit to serve process upon you, and then you'll probably not be able to afford an attorney and will have to navigate the court system by yourself, which for a lot of people means that the end result is men with guns showing up on your doorstep saying 'get the fuck out!"
Dammit not again! And yes I can navigate the system , in a hall of lies you tell the better lie .
China, For a country that people are saying will act differently, it seems to be wanting to be just like the US and the dollar.
It is printing its currency more than the US, propping up zombies, creating a kleptocracy....
If it is going to be the model of a new PM based currency, it has not shown any indications of that.
It has shown indications that it wants a seat at the Fiat porkers table.
I think it just wants to be part of the fiat SDR.....
Heh. Could be happening right now.
And just think. Over a Billion served
.
Hopefully when this happens...you will be thinking about your "golden years"!
Deflation in gold terms not the dollar price. For $holders the reset will be huge inflation except in wages of course
I will take gold and sell short your fucking green backs.
Yeah sure when AIIB & BRICS bank comes in operation this year.
China pl. hurry up, I cant wait to see the Western people red faced like monkeys.
They are buying insurance so that their children can make a mitigation plea when hauled by the next gen for Crimes to Humanity.
A trend strategist spinning motherhoods and apple pies.
The important thing is investing your money and getting your capital working for you.
Please do not work hard and produce useful products or provide useful services, these functions are being off-shored.
Come on Jamie, Blythe. and Jimmy are the "nuclear Power, sun of Positive" and this is Blasphemy, a major offense and speaking sacrilegiously about Lloyd"s "God's work". Get on the stick and create a CDO or structure a M/A deal. The game is commission on swap trading and Ye OLd FED issued an Encyclicals to Warren, Ken(Enron), MIC, DNC/RNC, MSM.. enough of this nonsense got to go trade my silver ETF options levered at 150 to one..... You know cannon law punishes blasphemy by eliminating the naked short sale of "nuclear Power, Son of Positive" temple Banks. Stop complaining and you won't feel the wrath of another Executive Order 6102. Does not matter what you think the world is Non_GAAP.. The big problem you have is silver mines don't need suicide nets or tall buildings.