Close Menu
    Oil, gas and mining

    The Real Reason Central Banks Are Desperate to Hoard Gold: E.B. Tucker



    “Big tech companies are laying off 10% of their workforce, this is going to have a huge effect,” warns E.B. Tucker, bestselling author of Why Gold, Why Now? “We are slowly grinding towards a position where something weak will crack,” he tells Daniela Cambone on this episode of Powershift: Outlook 2023. “The crypto story is speculative mania blow off coming back down to Earth… To their detriment, central banks are going to make their own crypto,” he continues. “Nothing is going up in value on a speculative basis. You have to remain solvent in order to play the next inning,” Tucker says. While the Fed remains on their current path, “it’s really hard for people to wait, but you’re in a scenario right now where if you make a big move, you’re probably going to get hurt,” he warns. “The [gold] resource producer is beginning to assert power they haven’t had in 25 years. You want to own the actual physical resources,” Tucker says. “The people that think the dollar is going to crash are dreaming, it is not something that just disappears,” he continues. “The system is majorly broken, it’s a centrally planned economy,” Tucker concludes.

    #gold #dollar #federalreserve

    ⭐️ Join Daniela Cambone’s exclusive community ➡️ https://danielacambone.com

    ➡️ Follow us on Facebook: https://www.facebook.com/StansberryRe…
    ➡️ Follow us on Twitter: https://twitter.com/stansberry
    ➡️ Follow us on Instagram: https://www.instagram.com/stansberry_…
    ➡️ Follow us on LinkedIn: https://www.linkedin.com/company/stan…

    Investors have been fleeing stocks in droves over the past year due to
    rampant market volatility. But the new year brings new opportunities in the investment
    world…

    That’s why Daniela Cambone, Extreme Value editor Dan Ferris, and The McCall Report editor
    Matt McCall are stepping forward on January 27 to host an online presentation where they’ll
    discuss how investors should navigate this ongoing bear market in 2023.

    We want to address your questions and concerns, too! If you have something you’d like us to discuss, simply visit https://TownHall2023.com/ and submit your question.

    00:00 E.B. Tucker’s big warning
    6:07 Is FOMO justified in the crypto space?
    7:50 E.B. Tucker doubles down on his crypto stance
    9:19 E.B. Tucker makes the case to remain solvent
    13:37 Discerning zombie companies
    15:40 The current narrative of the U.S. dollar
    21:17 E.B. Tucker’s thesis on why central banks are hoarding gold
    24:27 Why is China not disclosing their gold holdings?
    27:30 How long can the Fed keep the dollar’s strength high?
    28:21 Has the path already begun for the digital dollar?
    31:11 Is it possible to make the case for equities right now?
    34:22 Goal setting with E.B. Tucker

    View 31 Comments

    31 Comments

    3. DX GI on

      Banks are not making cryptos they are going to try to implement CBDCs which is digital fiat.
      Some DECENTRALIZED cryptos offer a possible NON central bank way.
      CBDC = slavery

    5. Joe Tow on

      I dont like digital money , so count me out I dont like stocks, I dont like gambleling , I like gold ,silver land and peace. Who wants to live in a world of stress? Not me. I have two goals that is to be kind and love everything and the rest will take care of itself. Good show.

    12. Mr Underhill on

      Spheres of influence – i cry for humanity as i watch it being turned into a genetically engineered device for the parasite class to play with. Bodily autonomy gone, just a lab rat for the rich
      To quote bob dylan, it is not dark yet but it is getting there.

    13. MAsonTRIX on

      We disagree. They use satan paper to manifest God's money and by their ignorance think they are weakening God. They are not. Failure to call it out for what it is does further harm. – Neo

    14. Mr Underhill on

      Tech is moving to ukraine, they are destroying it to give it to the zionists to rebuild in their image. Ukranian people are just the sacrifice to whatever dark lords they worship.

    15. Let's Ramble on

      A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

    18. Martin Lee on

      EB is spot on, the Runway is getting shorter and shorter. The Key 🔑 is to be FEB is spot on, the Runway is getting shorter and shorter. The Key 🔑 is to be Financially Ready. Soar with the Eagles or scratch with Turkeys.

    19. Clayton Schemper on

      So the guy who hoarded gold at a low price says buy gold now to protect yourself from evil nations hoarded gold at a low price and will soon come out and tell everyone to buy gold to protect yourself… 🤔
      I luv me some EB, but it’s kinda like the pot calling the kettle black. Not saying he’s wrong, but the hope is now that EB and China have the gold, they hope we all now run into gold so they get the big price bump.
      In turn, if everyone just went all in on the stock market or all in on the dollar, wouldn’t there be a chance they’ll be strong enough to fight off the competition and come out victorious?

    20. Michael Ladjevic on

      We need to contact congress to shut down the cbdc. There will be NO freedom in this country if it is allowed to come into our economy. If it goes through, the government will own our money. It can be taken at any time if you don't fall in line with the establishment dems and RINOs! Wake up America before it's too late.

    28. Billy Bob Mirango on

      EB was pumping Nova Royalty which is the base metal equivalent to Metala Royalty… I trusted him and bit at 5.90$. It's now 1.85. Hey things go down…I get it.
      Just funny how he only talks Metala and NEVER a word of Nova

    Leave A Reply
    Share via