A prominent boutique investment firm in Toronto, Maison Placements Canada, is cautioning investors about the looming global threats and suggesting that gold could serve as a valuable asset in the months and years ahead.
In his recent research report, John Ing, the president, and CEO of Maison Placements Canada, anticipates a rally in gold prices to $2,200 per ounce. Ing attributes this optimism to the culmination of factors such as mounting inflation, de-dollarization, heightened geopolitical risks, global debt, and the rise in populism, creating a favorable backdrop for gold as a safe-haven asset.
Ing emphasizes that a significant global economic threat stems from escalating debt issues in the United States. He notes that since 2008, the supply of Treasuries has surged five-fold, surpassing $25 trillion. The fiscal year has witnessed a surge in deficit spending, reaching $1.7 trillion, pushing the U.S. debt past $33 trillion. Ing warns of an impending “debt reckoning” for America.
Despite the growing threat, Ing observes that the U.S. government continues its record spending, particularly in the push for a transition to green energy to meet global carbon dioxide reduction targets. He characterizes this transition as a challenging “black hole” from which escape is nearly impossible. Ing criticizes President Joe Biden’s Green Deal, describing it as something between a mirage and a boondoggle due to challenges like high interest rates, permit delays, and supply problems.
Ing underscores that the colossal U.S. debt makes it difficult for the country to maintain stability in the face of two major conflicts, highlighting the dwindling military arsenal and the high cost of arming itself. He attributes the overconfidence of the American economy to arrogance and complacency, contrasting it with the strength that led the U.S. to victory in the Cold War.
Moreover, Ing points out that America’s massive debt is negatively impacting the U.S. dollar, as the trend of deglobalization prompts nations to diversify away from the greenback. He expresses concern that the biggest threat to the dollar comes from the U.S. government itself, labeling the burden of debt as America’s Achilles heel.
Ing predicts a continued selloff in bond markets, with investors reluctant to expose themselves to more U.S. debt. He describes the meltdown in Treasuries as among the worst in history, with significant declines in both 10-year and 30-year bonds. Ing concludes by asserting that, in this challenging environment, gold remains an attractive buying opportunity, offering investors a means to preserve their capital.
Article generated from corporate media reports.
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.
I hope gold goes to 8k per ounce; I have a few bars. I can then pay off my home and then buy an over priced new car!!!