The La Plata project already hosts over a 1.2 billion pounds of copper and 17.6M ozs of Silver. Greg also discusses the depressed state of Venture stocks, which are trading at a fraction of what they were when gold was $1,900 a decade+ ago.
Trump proposes higher tariffs than in his first term to raise revenue for tax cuts, though tariffs are essentially taxes on Americans, similar to a selective sales tax.
In its recent Financial Stability Review, the European Central Bank (ECB) warned of a “potential threat” facing the eurozone due to elevated debt levels.
Gold is a hedge against inflation and uncertainty. Gold is a safe haven in times of geopolitical uncertainty, and its price can track with, and even outpace inflation.
Several other states also considered capital gains exemptions on precious metals this year, setting the stage for more sound money reforms in the coming years.
Celente explained how gold dropped 12% and silver 13% when Trump took office in 2016. He noted similar trends now, highlighting gold's volatility during political shifts.
