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Hard Assets Alliance was created as a cooperative of investment professionals who believe there's a better way to invest in precious metals. This is a guest perspective on the markets from one of these partners; we hope you enjoy it.

Dear Reader,

“As I see it, all this amounts to a brave new world for the financial sector.”
- Christine Lagarde, IMF
 
“There is no such thing as a global anthem, a global currency or a global flag,” said Trump. “This is the United States of America that I’m representing.”

It’s no secret that Trump is not only not a globalist, but actively against any subversion of America’s national sovereignty.
 
And it’s also no secret there are supranational powers that wish to subvert the dollar’s role as an international standard.

And the third "not so secret"? Trump loves gold.

All three of those things, we reckon, could amount to one thing:

A new gold standard, despite the best wishes of the globalist-minded…

And gold flying to $100,000 per ounce.

Are you prepared to profit from - what could end up being - the BIGGEST gold rally of our lives?
 
The precious metals markets have been on the move. And many analysts are now calling for higher gold prices.

Jim Rickards, as you likely know, has been building the case for a new gold standard for years, as detailed in his books The Road to Ruin and The New Case for Gold…
 
And Trump is the "black swan" that could make it a reality.

Of course, there’s no shortage of resistance to a gold standard.

The plan to issue a globalist currency -- special drawing rights (SDR) -- is no conspiracist fantasy.


"I’m sure some people in the mainstream media thought I was out of line," Rickards writes in The Daily Reckoning, "but the United Nations and the International Monetary Fund (IMF) have both confirmed this plan to replace the U.S. dollar is real. I’ve made this warning many times, but it seems to be falling on deaf ears."


The UN has outright said we need "a new global reserve system… that no longer relies on the United States dollar as the single major reserve currency."

And the IMF?

In their own words, they want to make "the special drawing right (SDR) the principal reserve asset in the [international monetary system]."

Thing is, the dollar has already (quietly) been subverted.

It hasn’t been the reserve standard for a while.

It’s actually what’s called the "Eurodollar."

The Endgame: Collapse


Peter Schiff… Jim Rickards… Jeffrey Gundlach… Jim Rogers… Jeff Snider… Each a heavyweight in his own right.

Though they differ in how… they can all agree on the what…

The endgame of the dollar is collapse.

The first thing the central banks needed to do was knock the dollar off of its perch.

That’s already been done.

Most economists believe the United States -- a la the Federal Reserve -- controls all of the creation of dollars.

Not true.

In truth, foreign banks, outside of the regulatory umbrella of the Fed, are far more in control.

One thing to keep in mind…

Foreign banks don’t have the same reserve requirements as U.S. banks.

Banks in the homeland, through fractional reserve lending, are required to hold $1 for every $10 they create out of thin air.

Foreign banks are not.
 
Really consider what that means.

Here’s how the shadow banking system works…

Bank X will lend to Corporation X.

Bank Y will lend to Corporation Y.

Bank X and Y will lend dollars back and forth to one another.

Bank Y takes loans from these corporations, combine them together, and create derivatives.

Investment Fund Z will buy these derivatives from Bank Y with money it borrowed from Bank X.

As George Gammon says,

"Because the Federal Reserve has dropped so low and the whole entire world is starved for yield, they’re making more and more of these derivatives in order to get a return. The more derivatives they create out of dollar funding, the more demand there is for dollars."


That makes the dollar go up in the short term.
 
But there’s another short-term saving grace for the dollar…

The world still sees it as a safe haven.

Any currency or market collapse in any country would inevitably cause a run towards the dollar.

But in the midst of the chaos, Rickards believes, is when the IMF is set to step in with their alternative -- the SDR.

But… the plan might already be foiled.

Why, after all, would anyone trust central banks in the midst of mass currency turmoil?

Fiat currencies would likely become incredibly unpopular.

Even central banks and governments would have no choice but to go back to a hard-money standard… like gold.

They wouldn’t want to… but they’d have to in order to restore confidence.

Trump Loves Gold

It’s no secret Trump loves gold.
 
He’s made a killing as a gold investor.

After the U.S. legalized private gold ownership in 1975, Trump backed up the truck.
He bought at around $185, then, in his own words:

"We sold in the range of $780, $790. We did very well. It’s easier than the construction business."
In September 2011, Trump accepted gold bars as a security deposit from commercial tenant, APMEX.
 
He said:

"The Trump Organization has always strived to be ‘the gold standard.’ We welcome APMEX as our tenant at 40 Wall, a prestigious and historical location. The legacy of Gold as a precious commodity has transcended to become a viable currency and an accepted universal monetary standard. Central Banks around the world are holding Gold as a reserve asset. It is also a terrific, potentially lucrative diversifier in a portfolio, especially with such volatility in the stock market."

 

Profiting on Chaos


Gammon lays out the braindead simple case for $100,000 gold.
 
Life, however, offers no guarantees… only potentials.

Whatever the case, whether there’s a flight to crypto… gold… or globalist funny munny 2.0…

A new monetary paradigm is upon us.

There’s going to be plenty of opportunities this year to capitalize on the chaos…

AND position yourself to profit off what will likely become the greatest monetary shift in history.

Stay tuned tomorrow for more details.

Until tomorrow,

Chris Campbell
Managing editor, Laissez Faire Today
 

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Posted in: Investing, Economy