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Russia Predicting Black Swan CRASH | They Know Something Is Coming…

CSC UNIBEN by CSC UNIBEN
June 27, 2022
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No one is going to be surprised when I say that Gold has lagged the markets over the last decade. Historically, it’s been a hedge, whether against uncertainty, volatility or inflation, and during the 2010s, we saw a pretty incredible bull run in the markets, at least after we started to recover from the Great Recession. Markets boomed, sentiment was high, and so Gold struggled to perform as some people had hoped, but in reality, this was expected. Gold is supposed to perform well when markets struggle, and badly when they boom. But then came the fears that we were overdue for a correction, fears of a market downturn or even a recession. Following that came the pandemic which shut down just about every country in the world, that damaged the profits of the vast majority of companies in the world and sent people’s outlooks for the future plummeting. Many people seem to forget this, but Gold rallied on this news, just as you’d want it to. It rallied to above $2000 and everyone was expecting it to perform well over the rest of the year. But, that’s when the money printers were turned on, the furlough and the stimulus checks were chucked out of helicopters, and the zombie economy began. But as the markets begin to wake up to the reality of the financial world today, central banks all over the east are starting to stock up on physical gold, and the question that I’m seeing being thrown around more and more, is what do they know that we don’t. And more specifically, are they predicting a black swan event.

Articles Referenced In The Video; All Of These Articles Can Also Be Found On My Patreon For Those Stuck Behind A Paywall: https://www.patreon.com/StoicMedia
https://www.bloomberg.com/news/articles/2021-01-12/russia-s-583-billion-reserves-now-hold-more-gold-than-dollars
https://www.reuters.com/article/china-gold-imports/update-2-chinas-september-net-gold-imports-via-hong-kong-hit-five-month-high-idINL1N2RM0MV
https://www.bullionstar.com/gold-university/chinese-central-bank-gold-buying
https://www.bnnbloomberg.ca/serbia-vows-to-boost-gold-reserves-as-china-s-zijin-opens-mine-1.1670203
https://www.bloomberg.com/news/articles/2021-08-17/palantir-buys-51-million-in-gold-bars-accepts-payment-in-gold
https://www.telegraph.co.uk/world-news/2021/10/18/russia-holds-back-gas-supply-europe-amid-pressure-approve-nord/

DISCLAIMERS:
Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favour of fair use.

I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody’s specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.

#BlackSwanEvent #Gold

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