Topic: Safe Haven

Gold and silver have officially confirmed a technical breakout, with silver showing a nearly parabolic trend toward $50 per ounce. Dr. Kirk Elliott notes that the end of the U.S. government's fiscal year in October often triggers a "flight to safety" into precious metals as stock markets decline. Technical resistance for gold is projected at $4,800 as fundamental forces of inflation continue to drive demand.

The European Union has reportedly seized $35 billion in Russian assets to fund weapons for Ukraine, a move Gerald Celente warns will escalate global tensions. Amidst this instability, Celente identifies 2024 as a "golden year for gold," predicting the metal will hit $3,000 an ounce as it becomes the primary safe-haven asset. He notes that while major economies like Germany and France face downturns, gold remains the most reliable hedge against war and inflation.

Celente identifies gold as the primary safe-haven asset during the coming economic crisis, while characterizing Bitcoin as a "gambler's game." He urges listeners to prepare for the worst-case scenario to avoid losing everything. The broadcast concludes with a final promotion for Ultimate Fish Oil at the InfoWars Store, emphasizing the importance of supporting the network's mission.

As the banking system falters, Celente identifies gold as the primary safe-haven asset, followed by silver. He notes that silver is in high demand for green energy technology like solar panels but is often discarded in landfills, leading to a potential shortage. Bitcoin is described as a "gamble" for those looking for an alternative to fiat currency.

Sweden's lower COVID-19 death rate is contrasted with the failures of nations that implemented strict lockdowns. The war in Ukraine is described as a conflict driven by the military-industrial complex, with the U.S. acting as an "accessory to the crime." Between news items, a flash sale for "Knockout Sleep Support" is promoted to help listeners dealing with stress-induced insomnia.

The discussion on gold continues with a historical look at J.P. Morgan’s use of gold as a hedge during the 1920s. Drew Mason argues that gold has a negative correlation to stocks and real estate, making it the ultimate defensive asset. Jones shares his personal history with gold investing and emphasizes the importance of having physical assets that can be hidden or moved during times of civil unrest.