QUESTION: Mr. Armstrong, everyone knows you could have sources past what everybody else has. My query considerations is there anything that’s shifting the gold from Europe to the USA moreover the prospect of conflict?
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 can be held in Poland on 18 Might 2025, and, if vital, the second spherical can be held on 1 June 2025. The concern is that, like Romania, they’re determined to maintain the ability in play. They could begin a false flag to affect that election. I’m unsure they will annul it like Romania.
It seems like capital controls can be in place for at the very least 2026. With out permission, you won’t be able 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 stability sheet. This might additionally impression shifting gold to the USA. From a market perspective, it actually doesn’t matter what worth they place on gold. We is not going to probably see a return to a gold customary with a hard and fast worth, which might be extremely deflationary.
