Where Will You be When Gold Hits $3,000/oz?

Mao Zedong, Joseph Stalin
and Greta Thunberg

Chess was invented in India in the 6th century. It then flourished in the region and was adopted by the Persians (Iranians), and it is now one of the most important games in the world.

If you don’t play, what’s wrong with you? Really, start playing…

Unlike Western sports, chess is not played with a deadline.

A checkmate, which means the other side is DONE and can’t be saved, is the ultimate defeat. There is no ambiguity; you either shake hands as a winner or loser, but the game lasts as long as it has to.

That, everyone, is how you play the “long game.”

That’s the Warren Buffett way… always with patience and never in a rush… you can never be late because the game is not timed.

Iran’s leadership has no time constraints on its imperial ambitions to rule over the Middle East first and the entire world later.

It has been at this for 44 years and has never changed its strategy.

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    Every few years, they are able to expand into a new country: Syria, Iraq, Lebanon, Yemen, and what used to be the Gaza Strip and will soon become Mosul when the IDF completes its most justified and moral battle ever.

    Meanwhile, in the West, people want everything on the spot.

    Clinton comes into office, opens the world to hyper-globalization, and makes enemies of China and Al-Qaeda.

    The American public (swing voters) are swayed in the other direction and want to bring conservative views back, so they elect the son of the Bush that led them in the 1980s, George H. W. Bush.

    He drags them into war with Iraq and Afghanistan and deregulates mortgage securitization, so the Great Financial Crisis occurs. The public wants something they’ve never seen before, so they elect their first Black president (twice) and get the same old swamp with a different face.

    When given the choice between a fresh face that isn’t from the same cesspool (Hillary), they give Donald Trump a shot. He comes in with no biases or preconceived notions and flips the equation around by taking bold steps (and correct ones), but his personal attitude makes it difficult for the Democrats to embrace his message because they despise the messenger.

    They decide to take him down and put a target on his back, but Donald Trump, who came up in the NYC real estate business, is a predator. He takes them on with everything he’s got, and even beyond that, but he ends up losing.

    Next comes Joe Biden, who doubles down on everything Donald Trump did but with a more moderate and traditional approach. Even as half of the country thinks he has one leg in the grave, he will probably win the election in 2024.

    These internal Western wars for the job of ultimate top dog are ripping the country apart to the degree of domestically toying with the power of the national debt, even publicly discussing reneging or abrogating some of it, which is akin to say that gold is more valuable than bonds. That, everyone, is what will take gold to $3,000.

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      Silver, I Look to You to BREAK The Spell. Attack!

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      We stand at what could be the precipice of an incredible bull market in commodities, and we’ve already seen a number of agricultural commodities, energy, and base metals take off along with gold, but for this bull market to be succinct and real in all forms, it MUST expand to include silver, and we just received a very encouraging sign.

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