Ira Bershatsky – American Conservative Movement https://americanconservativemovement.com American exceptionalism isn't dead. It just needs to be embraced. Sun, 24 Sep 2023 18:28:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://americanconservativemovement.com/wp-content/uploads/2022/06/cropped-America-First-Favicon-32x32.png Ira Bershatsky – American Conservative Movement https://americanconservativemovement.com 32 32 135597105 Privacy-Oriented Precious Metals: Mike Adams Explains Why Senator Menendez Took Gold Bars for His Bribes https://americanconservativemovement.com/privacy-oriented-precious-metals-mike-adams-explains-why-senator-menendez-took-gold-bars-for-his-bribes/ https://americanconservativemovement.com/privacy-oriented-precious-metals-mike-adams-explains-why-senator-menendez-took-gold-bars-for-his-bribes/#respond Sun, 24 Sep 2023 18:28:49 +0000 https://americanconservativemovement.com/?p=197091 Senator Bob Menendez was indicted last week on multiple charges surrounding corruption and bribery. One of the most eye-opening aspects of his alleged crimes is that he accepted gold bars to pay for some of his bribes.

Why gold? Mike Adams explained in a recent podcast.

Simply speaking, precious metals represent arguably the most private form of holding wealth that’s commonly used by millions. A lot of money can be held compactly through gold and silver, as Adams noted. Moreover, it requires neither a paper trail nor an electronic record, so unlike real estate, stocks, cryptocurrency, or money in the bank, precious metals exist in a relative “black hole” that government cannot see.

By no means are we encouraging the use of precious metals for illegal purposes, as Senator Menendez is accused of doing. But one does not have to be a criminal to see the value of anonymity and privacy in wealth protection through physical precious metals.

Here’s Adams’ short podcast on the subject:

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Gold Continues to Defy Expectations and Remain Strong Despite the Fed’s Ongoing Weirdness https://americanconservativemovement.com/gold-continues-to-defy-expectations-and-remain-strong-despite-the-feds-ongoing-weirdness/ https://americanconservativemovement.com/gold-continues-to-defy-expectations-and-remain-strong-despite-the-feds-ongoing-weirdness/#respond Sun, 24 Sep 2023 07:16:08 +0000 https://americanconservativemovement.com/?p=197060 The gold market is currently trading in a neutral channel around $1,950, but it is well positioned to benefit when sentiment changes, which may happen sooner than expected.

Despite expectations of a soft landing and the U.S. avoiding a recession, many analysts remain skeptical about achieving this optimistic goal. Gold’s price action suggests that investors are taking a cautious stance to protect themselves against a potential downturn.

Gold’s resilience is even more impressive considering recent developments. Although the Federal Reserve decided not to raise interest rates, it maintained a hawkish bias. Federal Reserve Chair Jerome Powell stated that while interest rates are close to their peak, they will remain at restrictive levels for the foreseeable future. Powell also indicated that the central bank will only know when rates are sufficiently restrictive when they see it.

One surprising aspect of the Fed’s decision was its projection of only two potential rate cuts next year compared to the four rate cuts projected in June. This supports the growing narrative of a “higher-for-longer” environment.

The Fed’s stance has pushed 10-year bond yields to a 15-year high at 4.5%. Additionally, the U.S. dollar index reached its highest level since November 2022, surpassing 105 points. Real yields have also risen to 2%, a 50 basis points increase from the previous month, according to analysts at Commerzbank.

Despite these developments, gold continues to hold steady around $1,950, a significant psychological level.

George Milling-Stanley, chief gold strategist at State Street Global Advisors, emphasizes that gold remains an important portfolio diversifier amid the Fed’s pressure to cool down inflation. He believes that equity markets have more to fear from the Fed than gold does.

Other central banks, including the Swiss National Bank, the Bank of England, and the Bank of Japan, also maintained their interest rates unchanged this week. Both the SNB and the BOE stated that they are close to controlling inflation as economic growth weakens. Gold performed well against these currencies after their monetary policy decisions.

Although the gold market currently lacks momentum due to investor caution, Milling-Stanley believes there is still significant growth potential. State Street’s gold investor survey, updated from June, revealed that 20% of respondents held some gold. The analysis also indicated that one-third of investors did not invest in gold due to a lack of knowledge about how to invest in the precious metal.

In addition to investor demand, central bank demand continues to provide a solid foundation. The World Gold Council reported that Russia’s central bank purchased 3 tonnes of gold last month, bringing Russia’s gold reserves back to their 2022 levels.

Note from Our Gold Guy: Whenever we publish these types of articles that promote the idea of holding gold or silver bullion rather than investing in the “rare” coins that are promoted by the vast majority of precious metals companies, we are often accused of only promoting bullion because that’s what we sell. The truth is we have access to both bullion AND numismatic coins. We recommend bullion in today’s financial climate because if the economy were to take a major downturn or even collapse, it won’t matter how “rare” or “limited” a gold or silver coin is. Its value will be based on weight and quality. We can help customers invest in numismatics or hedge their portfolios with physical bullion. We simply recommend bullion because we believe it’s the smarter play right now.

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Don’t Let Government, Banks, or Other Gold Companies Talk You Out of Keeping Precious Metals at Home https://americanconservativemovement.com/dont-let-government-banks-or-other-gold-companies-talk-you-out-of-keeping-precious-metals-at-home/ https://americanconservativemovement.com/dont-let-government-banks-or-other-gold-companies-talk-you-out-of-keeping-precious-metals-at-home/#respond Sun, 18 Jun 2023 03:43:42 +0000 https://americanconservativemovement.com/?p=193681 There is a common sense solution to many of our financial troubles for American citizens. With bank runs still a threat, various markets still volatile, a “Digital Dollar” around the corner, and general economic turmoil brewing, it behooves Americans to protect their wealth by keeping some physical precious metals in their safe at home.

As I said, it’s common sense. But you wouldn’t know that if you listen to the government which tells you to keep everything in the stock markets so their beloved woke ESG funds can stay afloat. You wouldn’t know it if you listen to banks who tell us to hear what they’re saying but not to look at what they’re doing with our money.

Unfortunately, you won’t hear it from very many precious metals companies, either, as they try to compel people to buy all sorts of products other than owning physical precious metals and storing them at home.

I’ll let you in on a dirty little secret about the precious metals industry. The LEAST profitable product that they sell is the “cash purchase” of metals shipped to customers’ homes. In fact, many precious metals companies don’t even offer this basic service because their profit margins are simply too low.

They want you to buy ETFs, also known as paper gold. They want you to buy stocks in gold mines. They want you to buy their retirement accounts. All of these products are far more profitable to precious metals companies than good ol’ fashioned bullion in the safe.

At Advisor Metals, we can help customers with any precious metals products they want. Our most popular product is the rollover and transfer, but unlike “Big Gold” we do it without gimmicks. Moreover, we advise our customers to back their accounts with rounds and bars because that’s the way they can get the most precious metals bang for the buck.

We also ship precious metals discreetly to your home, and again we recommend rounds and bars for this. We have full access to numismatics if our customers desire. I mention that simply because I do NOT want people thinking we’re just selling what we have.

As an America First patriot, I make recommendations to fellow citizens based on their best interests. We are a small company; chances are you will deal directly with me. We do not waste money on annoying email campaigns or high-dollar Fox News spokespeople. We just deal straight up with customers, offering them what we believe is in their best interests and letting the coins fall where they may.

Government, banks, and other precious metals companies do not want you to own physical precious metals that you store at your home for various reasons. At the end of the day, it comes down to the fact that it’s your best move, not theirs. They aren’t trying to help you. They’re trying to help themselves. For you, if you’re interested in acquiring physical precious metals and you meet the low minimum of $2500, Advisor Metals can help.

Whether you’re moving a massive 401(K), buying hundreds of thousands of dollars in bullion, or if you just want a couple hundred silver coins in your safe, just in case, I can help.

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