QUESTION: Mr. Armstrong, everyone knows you’ve gotten sources past what everybody else has. My query issues is there anything that’s transferring the gold from Europe to the USA apart from the prospect of battle?
DS
ANSWER: Sure, what I’ve been warning about is the approaching capital controls. You may even see a excessive even right here in March. Be very cautious due to the upcoming elections in Poland. The primary spherical of the presidential election will probably be held in Poland on 18 Could 2025, and, if needed, the second spherical will probably be held on 1 June 2025. The worry is that, like Romania, they’re determined to maintain the facility in play. They could begin a false flag to affect that election. I’m unsure they will annul it like Romania.
It appears like capital controls will probably be in place for at the very least 2026. With out permission, you will be unable to maneuver gold or money out of Europe.
Then Trump might revalue gold from its official worth of $42 to market worth to enhance the US steadiness sheet. This could additionally affect transferring gold to the USA. From a market perspective, it actually doesn’t matter what worth they place on gold. We is not going to doubtless see a return to a gold commonplace with a set worth, which might be extremely deflationary.
