Mike Stone - As Gold Hits Record Highs, Buy!
Gold bugs are being vindicated.
I wrote a piece last summer about how central banks around the world were buying gold. In that article, I subtly suggested that it might be a good idea for you to do the same. After all, it never hurts to see what the “big boys” are doing and follow their lead.
Central banks employ thousands of full-time professionals who do nothing all day but analyze investment data.
A few weeks after that rumination on central banks, I mentioned that silver (the poor man’s gold) was a tremendously undervalued asset at under $20 an ounce. It’s now over $35 an ounce.
If you followed the central banks and invested in either silver or gold, then right now you’re dancing a jig like Walter Houston in “The Treasure of the Sierra Madre.”
This surge in metal prices is not likely to stop anytime soon. Remember, one of President Trump’s stated objectives is dismantling the Federal Reserve and replacing it with gold.
Here’s Jan Halper-Hayes, the former VP of Republicans Overseas and a member of a Department of Defense task force, talking about how Trump ordered the return of our country’s gold from London and the Vatican. She goes on to say that it took 650 planes to return all of our gold.
THERE’A NEW TARIFF IN TOWN
Then there’s the issue of Trump’s tariffs, which have some investors dumping stocks. Those tariffs could be a factor in rising metal prices and they are not likely to stop anytime soon.
Neither is the current trend of state’s allowing gold and silver as legal tender, another example of doing the big boys are doing and follow their lead. Almost half of the states in the country are now in the process of passing, or have already passed, laws making gold and silver legal tender. So the logical conclusion to that is we will likely see an increase in the price of both metals.
Let’s also look at the world stage. As you know, there was a recent assassination attempt on the president of Russia.
That’s a sign that whoever is pulling Zelenski’s strings is hellbent on escalating the war he started with Russia. That can only lead to an increase in the price of precious metals.
Finally, an intelligent Insider who reads these articles and emails me information says gold will peak somewhere between $3,300 and $3,500 an ounce, while silver will go first to $51.50, and then to $77.70 an ounce. He also predicts a stock market collapse.
If you’re a percentage player like I am, then it’s not a bad idea to invest in some American Silver Eagle or Gold Eagle coins. That’s especially true if you’re a doomer. After all, if society collapses and both Bitcoin and the American dollar are worthless, how else are you going to buy food? Of course, none of this is investment advice. I’m merely telling you what I have already done.
——–Mike Stone is the author of the new book REAL or FAKE: The Donald Trump Assassination Attempt and Teen Boy’s Success Book: the Ultimate Self-Help Book for Boys; Everything You Need to Know to Become a Man
Source: https://henrymakow.com/2025/03/mike-stone-gold-record-high.html
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