DWQA QuestionsCategory: Extraterrestrial Corruption of Human InstitutionsWhat will the gold reset mean for the value of fiat currencies? Will there be any other safe havens aside from precious metals in the wake of the gold reset?
Nicola Staff asked 5 months ago
Tangible assets will fare better than the fiat currencies, as is always the case when there are problems with the financial system and circumstances leading to a lack of confidence in governmental creations like the dollar. Things like fine art, jewelry, and real estate will fare the best because these, too, are limited in supply. And whatever the devaluation of the dollar following the gold reset, prices for other commodities will appreciate in relative terms because they will still be highly valued. So people will simply have to pay more dollars for them and that will help offset what would be a greater loss for those holding such assets compared to having a cash hoard that would be literally hammered overnight from the gold reset and its consequences. While any gold-based asset will benefit in a commensurate way from the initial reset, the gold mining stocks have traditionally greater inherent potential for appreciation because they are typically undervalued compared to their true net worth, based on the magnitude of the gold deposits they control. For years now, because of price suppression as a consequence of going off the gold standard for the dollar, the value of gold has cycled mostly somewhat above the price of production per ounce, and sometimes fallen below it. When that happens, the mining stocks depreciate greatly because of bearish pessimism. There has not been a large bullish move now for over a decade. So we see those holding shares of mining stocks, including royalty companies based on their investments in the major precious metal mining companies, as having explosive potential to the upside. This typically happens in a modest but still appreciable way during bullish cycles of the gold price, where mining stocks might show a two or even threefold percent gain compared to that of gold bullion itself. That is a reflection of the prior undervaluation that is chronic in the sector. So what we are saying is that the mining stocks are even more undervalued than the gold bullion price as a consequence of the long history of price suppression. With the gold reset, the foot on the brakes will be lifted, with the intention to let gold go as high as it can, knowing that the shock and turmoil and the ever-present human greed will trigger a new gold rush. And this the Extraterrestrial Alliance wants to happen, because the higher the gold price gets, the more it will punish the vast majority of human beings holding fiat-currency-based assets, what is in bank accounts and the salaries from employment, pensions, and other investment vehicles like stocks and bonds that are denominated in dollars or other fiat currencies, and will fall in tandem once the reset happens.