first majestic silver

Gold & Silver Prices Are Being Suppressed! How Do You Fix It?

November 22, 2023

Joining us today is Thomas Parilla, president of Parilla Investment Group, and he shares his views on the recent Fed meeting's impact on these markets, highlighting the resilience of gold prices despite rate hikes and the remarkable 140 million ounce silver deficit. He delves into China's growing gold reserves, potentially surpassing the U.S., and the implications of China weaponizing gold against the U.S. dollar. We also explore the possibility of a joint U.S.-China digital currency backed by gold, the challenges of a digital currency in the U.S., and the staggering losses in the U.S. banking system. Thomas advises investing in gold, silver, and junior miners, emphasizing the importance of accumulating these assets over time for wealth preservation and potential profits.

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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
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