QUESTION: Mr. Armstrong, everyone knows you’ve got sources past what everybody else has. My query issues 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 will likely be held in Poland on 18 Might 2025, and, if crucial, the second spherical will likely 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’ll annul it like Romania.
It appears like capital controls will likely be in place for at the 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 value of $42 to market worth to enhance the US stability sheet. This might additionally influence 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 commonplace with a hard and fast worth, which might be extremely deflationary.
