👉How to Invest in Gold - Physical Gold (Bullion) vs. ETFs

👉How to Invest in Gold - Physical Gold (Bullion) vs. ETFs






Gold price this week broke the 2011 all-time high of $1,920. I have never considered the $1,920 level important. Since gold has in the last couple of years made new highs in all other currencies, it was always clear that the high for gold in dollars would be breached. Only surprising that it took 11 years. But we must remember that gold is not going up, but the dollar is collapsing. Just this century, the dollar has lost 85% of its value in real terms – gold. As the dollar reaches its intrinsic value of zero in the next few years, it is obviously totally meaningless to measure gold in dollars since the price in worthless fiat currency will be infinite. Gold and silver are not investment; they are savings accounts. pure and simple. Gold and silver are real money, so it is the choice for people with integrity, intelligence, and responsible people who want to protect the value of their savings. Gold and silver is the enemy of the Fed's unlimited fiat currency creation, creating massive under-reported inflation and is the enemy of the government's continuously increasing spending to create unpayable budget deficits. Therefore, the virtuous, rational-thinkers choose gold and silver over the evil monsters. Every time Gold looks like hitting two grand, the bankers' monkey hammer it back down. But it keeps going back up. The severity with which JPM and the fed metal manipulators hit the gold breakout, clubbing it down temporarily, reveals how desperate they are to prevent any price runaway that will reveal the impending failure of their ill-conceived, hail-mary effort to forestall the ongoing credit and financial collapse. While Gold Silver prices are on fire. The Fed and the Corrupt Crooks on Wall St. are in a panic and are very desperate. Do not sell your gold or silver cause you ain't seen nothing yet. GOLD IS KING. The Federal Reserve knows this is all over. Their final hail mary. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Investing directly in commodities, such as gold or oil, tends to be more difficult for investors than investing in stocks and bonds. A major reason for this is that stocks and bonds are readily transferable and easily accessible to the average investor. Traditionally, commodities have been more difficult to invest in due to the complex way in which they trade through the futures and options markets. In other words, an investor can't just buy a barrel of oil. Precious metals have been a store of wealth for millennia. Owning coins, bars, or jewelry used to be the only option to invest in gold, silver, or platinum, but today’s investors have a number of alternatives. In addition to bars and coins, you can also hold precious metals certificates, metals-backed exchange-traded funds (ETFs), and closed-end bullion funds. Gold is more accessible to the average person because an investor can easily purchase gold bullion (gold in its physical form) from a dealer or, in some cases, from a bank. However, with the advent of more advanced financial instruments, gold, along with other commodities, has become much easier to invest in without having to buy the physical metal. There are now exchange-traded funds (ETF) that replicate the movements of the underlying commodity, giving investors direct exposure. While not every commodity has an ETF, both gold and oil have ETFs. For example, the SPDR Gold Shares (ticker symbol GLD) trades on the New York Stock Exchange and can be traded at any time throughout the trading day. Each share of the ETF represents one-tenth of an ounce of gold, so if gold is currently $1,9500 an ounce, the gold ETF will trade at $150 per share. This investment product is one of the easiest and least expensive ways to access the gold market. In general, investors looking to invest in gold directly have three choices: they can purchase the physical asset, they can purchase an ETF that replicates the price of gold, or they can trade futures and options in the commodities market. #1 Physical Gold. Physical gold provides the most direct exposure to gold. Gold in bulk form is referred to as bullion, and it can be cast into bars or minted into coins. Gold bullion’s value is based on its mass and purity rather than by monetary face value. Even if a gold coin is issued with a monetary face value, its market value is tied to the value of its fine gold content. Investors can buy physical gold from government mints, private mints, precious metal dealers, and jewelers. Because different sellers may offer the exact same item at different prices, it is important to do your research to find the best deal. When you purchase physical gold, you must pay the full price. Physical gold ownership involves a number of costs, including storage and insurance costs, and the transaction fees and markups associated with buying and selling the commodity. There can also be processing fees and a small lot of fees for investors making small purchases. While collectively, these costs may not significantly affect someone looking to invest a small portion of their portfolio in gold, the costs may become prohibitive for investors seeking to gain larger exposure. Bars and coins are the most direct way to hold precious metals. Government minted bars and coins like the American Gold Eagle or Canadian Maple Leaf have a guarantee of the purity and can be purchased through authorized dealers. However, when holding bullion directly, investors are responsible for its storage and insurance and their ongoing costs. Also, bullion dealers charge a mark-up to your purchase price of coins and bars and buy them back at a discount. As well, bars and coins may not be easily traded. In the U.S., precious metals are considered to be collectibles like art, rare books, and fine wine. Provided you hold it for more than one year, for tax purposes, the capital gains tax on your net gain from selling a collectible is 28%. This level of tax is considerably higher than the tax rate on most net capital gains, which is an average of 15% for most taxpayers, according to the IRS. #1 If you sell a collectible in less than one year, the proceeds will be taxed as ordinary income. #2 Gold ETFs. Unlike physical gold, ETFs can be purchased on margin, meaning that investors only front a percentage of the investment’s value. ETFs allow investors to access gold while avoiding the costs and inconvenience of markups, storage costs, and security risks of holding physical gold. An investor will lose a percentage of his or her investment’s value each year to the fund’s expense ratio. An expense ratio is the recurring annual fee charged by funds to cover its management expenses and administrative costs. Precious metals exchange-traded portfolios are a popular way to gain exposure to precious metals without the inconvenience of storing and insuring physical bullion. Exchange-Traded Funds (ETFs) and Closed-End Funds provide investors with access to physical bullion with the daily liquidity of an exchange-traded security. Exchange-traded bullion funds are open-ended funds that issue shares backed by metals. Investors do not have direct beneficial ownership of the bullion and have no option to exchange their shares for physical metal. If investor demand outpaces available shares on a given trading day, the ETF will issue more shares to satisfy the demand and acquire more metal with the proceeds. Conversely, when there are more investors selling than buying, the ETF will redeem shares and sell the equivalent value of the metal. While bullion ETFs mostly hold allocated metals, they also hold unallocated metals to facilitate the creation and redemption of shares. In addition, the custodian that stores the metal is typically a bullion bank, which can create counterparty risk in the event of bankruptcy or insolvency. While bullion ETFs mostly hold allocated metals, they also hold unallocated metals to facilitate the creation and redemption of shares. In addition, the custodian that stores the metal is typically a bullion bank, which can create counterparty risk in the event of bankruptcy or insolvency. In the U.S., for tax purposes, bullion ETFs are considered collectibles by the IRS. The capital gains tax on an investor’s net gain from selling a collectible is 28%. #3 Closed-End Bullion Funds. Closed-end bullion funds are similar to ETFs, but issue units through initial public offerings and follow-on offerings and can cancel units through buybacks. The units are usually fully backed by allocated bullion. Because there is a fixed number of units at any given time, they may trade at a premium or a discount to their net asset value, depending on investor demand and whether there is an option to redeem for physical metal. Some closed-end funds are considered Passive Foreign Investment Companies (PFIC) and may offer more favorable tax treatment compared to coins, bars, precious metals certificates, and ETFs for non-corporate U.S. investors. Conclusion: The transaction costs associated with gold ETFs are often lower than the costs related to the purchase, storage, and insurance of physical gold. It is important to research the various costs, fees, and associated expenses of each type of investment to determine the investment that is both affordable and suitable for your portfolio. Precious metals ETFs may seem like an easy way to invest in gold and silver. But investors should understand that convenience comes at a price. My opinion is gold doesn't stop going up this time. The more they monkey hammer it, the more people will buy it. A self-fulfilling prophecy. Time to choose people. Paper or Gold? How strong is your faith in your government? This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉Silver above $23 -- The Great Silver Rush of 2020 has Begun!

👉Silver above $23 -- The Great Silver Rush of 2020 has Begun!






Silver Futures Spike Above $23, that's a ten percent gain. But it has a long way to go. Still seems cheap with all the Monopoly money being printed. Silver is the new TESLA chart. The trip from 20 to 30 should be a fast one. It was certainly fast on the way down. There is a big reversal of the gold/silver ration afoot; this is a very positive indicator. After decades of being suppressed, the precious metals are horribly mispriced. Perhaps instead of a traditional price rally (which might or might not be sustainable), what we are witnessing right now is the market re-pricing the physical metals at a more realistic level. Silver barely moved up 10% yet after waiting nine years. The huge jump in silver in the last few days has been ignored by the Mainstream Media. The talking heads on the business channels are still mentioning gold's rise lately but haven't said anything about silver just doing a 20% jump this week. This silver news is still under the wire to them, or they've been told to not talk about it. This gibes with my theory that pro-real-money stories must be kept from the public/masses. If these stories weren't blocked, more man on the street types might begin considering silver as a safe haven asset they need to have. It's a given the big money is not going to send any public signal they are going big into gold or silver. Among other things, this would get them expelled from the Fiat Status-Quo Club overnight and would jeopardize all their investments in fiat assets (mainly the stock market). So if the silver suppression effort is going to be defeated or over-run, it will have to come from grassroots small investors. But this is not likely to happen if pro-silver and gold stories continue to be taboo in the Mainstream Media. Another way to keep the man on the street from considering silver as a smart investment is to knock its price down at regular intervals, usually for no understandable reason. Think we all knew the price of gold and silver would have to start moving up at some point. You just cannot keep hemorrhaging physical metal. Every savvy investor knows that silver and gold were getting ready to soar (given the collapsing economy and the massive amount of fiat creation that was inevitably coming. Savvy investors would have still been BUYING all the silver they could and holding on to every silver position they had, knowing what was to come. Given the thousands of applications for silver, especially electronic, medical, military, water purification, etc. We cannot live without it. The United States Geological Survey, USGS, which keeps tabs on all elements and their availability, wrote a decade ago that the planet would run out of silver within 20 years. We are halfway there. Just look at the recovery of ounces/ton by the silver miners over the past 20 years, from ounces to grams. USGS rating of continental U.S. reserves put silver/ gold ratio at 14. All of human history is around 16. Right now, we are what, 80? So silver has a lot of upside potential given the equally (and arguably more so) demand for gold. The question isn't whether it will get to $50 again, it's what multiple of $50 we'll see over the next couple of years. A mere doubling seems more than a bit conservative, given the extreme amount of new debt that is now in the system, not to mention the stored energy of a nine-year bear market. We should see at least $150 sometime before 2022. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match. Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted. And that was Alan Greenspan saying it, not me. King dollar is dead! Long live King Gold and Queen Silver! The canary is out of the cage. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. So, either the price suppression cartel has given up, or there are too many holes in the dam. I hate the silver being stated in dollars. It should be the price of a dollar stated in silver. And why the delight in calculating a dollar profit if the dollar is going to hell in a handbasket. I think it's safe to say this: If silver can't break free and soar now, it never will. Silver is actually doing now what it was supposed to be doing years ago. The market is still as corrupt as ever. They can knock it down whenever they want, by as much as they want. Now if they can't do this anymore, or have quit suppressing the price, something big might have changed. But I don't think they've given up on the suppression efforts yet. The suppression efforts might be occurring even now. That is, the big spike we've seen recently could have been even bigger absent price suppression efforts. Yes, they are going to let silver and gold rise, but they are going to try to limit/contain these increases. So the man on the street doesn't suddenly start considering silver as wise insurance. For example, wait for the next big story that a vaccine is imminent. This will create a major spike in the stock market, and will probably be used as the excuse to beat down silver and gold, massively. This kind of volatility in silver is common. Curb your enthusiasm. It's an insurance policy, not a lottery ticket. Moves like this are cause for caution. As much as we all want to dance of The FED's grave, that event is going to be very bitter medicine. To me, the paper market on silver is nothing but infiltration and corruption of silver. A dollar was equal to one ounce of silver, not one ounce of silver equaled a dollar. Once you start trying to get more paper with your silver, you become focused on Fed-bucks......., and that is the scheme. Because Fed-bucks are your enslavement, they are debt, and their "value" is controlled by those that would control you through its manipulation. Let silver go up in dollars, and all of a sudden, everyone wants silver so they can trade it for more Fed-bucks. If we don't break the debt-dollar-Fed-buck system and find a way to debt-free, independent money, our slavery will only get deeper from here. Not going to break their chains without a fight. The dollar is one ounce of silver by definition. What we have are not dollars. What we have now has been devalued by about 99%. Therefore silver is worth closer to 100 dollars -- and that's just today. Either you can buy stock symbols in the paper "market" from the banksters, or you can exchange the debt-based money for real money, gold, and silver, while the central banks are buying gold. The gold and silver ETFs are the paper market, which helps the banksters manipulate the prices. Keep printing your Monopoly money, Mr. Powell. We the people all know you are enriching the wealthy at the expense of the middle class and poor. The dollar's days are numbered. The King Dollar brigade is out fighting busily on all fronts today, silver, gold, cryptos, oil futures. It's becoming a tough job trying to keep the US Dollar alive. We're now mere weeks away from US food riots/looting. We all know the outcome, and now it's just a matter of whose timeline will win, breakdown before or after the US Presidential election? The silver war is fun to watch, with all these big traders trying to avoid getting killed. The CFTC will broker a deal for staggered delivery, and there won't be a peep about it in the media. Watch how quiet this will get now. The CFTC really is a massively corrupt agency staffed by insider traders/traitors. It's sad. I view them and even the SEC as little more than gatekeepers allowing this gigantic price suppression fraud to continue. Clearly, they all have support from the US government, who, no doubt, wants there to be no exit from the Dollar. It's not a supply-demand situation that runs the price of silver. It's a monetary metal, and all monetary metals skyrocket every so often when fiat currencies collapse. Worlds largest fiat currency has been so abused. It's going to collapse like a tent made out of toilet paper in a hurricane. All the FIATS will collapse together. It will be epic. The value of silver must always be stated in ounces and never in dollars. To do otherwise is like valuing your garden in terms of fallen leaves. The US debt clock says silver should be over $1000, and gold many times that. In truth, this is what is coming on the energy cliff, and currency reset horizon. Countries will become solvent again by reversing the price suppression mechanism to the upside. Silver could likely be $500 by early 2022. And gold likely above ten thousand. Eric Sprott just announced he's buying 1.5 Billion of silver. Sprott is putting a Hunt Brother to these Comex scums butt with a 1.5 billion ounce plan to purchase over the next 25 months. It's a perfect setup as the Fed cannot call him like they did Hunt in as he owns a physically-backed silver fund for investors. He will never tell you this, but his fund by law has to store the silver bullion in the Bank of Canada for the PSLV holders. CANADA wants its silver back. Ha! just joking, as Trudeau has nothing to do with it, but his Central Bank will be stacking hard in an inadvertent way. The US Mint just had an emergency conference with government officials about their ongoing ability to sourcing silver. Of course, that meeting was top secret and not a peep about what was discussed. The government does not have a silver stockpile like back then anymore. They will most likely use the excuse that they can't find any and shut down most likely, which is against the law, by the way. But Ron Paul isn't around anymore to keep their butt in line. In other news, Pan American, the world's largest silver producer, is shutting down 2 of its biggest mines in Peru by order of the Peruvian government due to COVID 19. So do you like Eagles? Might wanna grab those now if so. Buckle up kiddies and grab every silver earring you can because this one is going to be a moonshot for the ages methinks ; with the Government printing currency like water. Hurry up and use that COVID infected benjamins to buy. Silver is not even where it was 40 years ago, but the bankers' trolls are talking about parabolic rises to scare you out of your silver position. And for your interest, 5-10 or even 20-25 percent rises are nothing when we're talking about the price of a rare and valuable item like silver ;whose value has been suppressed by the bankers for half a century. Your call. Physical is the smart move here, avoid the fake and manipulated paper game. Stack silver for the grandkids. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

Germany and The Whole Europe on the verge of a Disastrous Economic Cliff Edge

Germany and The Whole Europe on the verge of a Disastrous Economic Cliff Edge






Germany and The Whole Europe on the verge of a Disastrous Economic Cliff Edge. The eurozone economy will drop deeper into recession this year. Germany, the single largest and strongest economy in Europe and the world's fourth-largest economy, is already feeling the pinch. The impact of the coronavirus has seen Germany suffer its widest fall in production and output since the financial crisis a decade ago. The German economy will shrink by 6.3 percent this year. German Exports contracted by 3.1 percent. The Rest of Europe is not in any better shape. In fact, the French GDP is shrinking by 5.8 percent, Spain's GDP by 5.2 percent, Italy's GDP by 4.7 percent, and The Netherlands GDP by 1.7 percent. For the 27 countries that comprise the EU, a downturn of 8.3% is expected in 2020. The coronavirus crisis will push Europe into a deeper recession than originally thought. Europe’s coronavirus outbreak will be the biggest peacetime economic shock on record. And don't expect the European banks to help. Banks may face a tsunami of problems as three factors collide: rise in non-performing loans, deflationary pressures from a prolonged crisis, and central bank keeping negative rates that destroy banking profitability. The Euro-Zone was already in deep trouble before CoVid-19 hit, the weakness that started in 2017 never ended. The region simply isn't competitive. In the fourth quarter, even Germany entered a recession. France, Spain, and Italy are looking at continued large unemployment levels. Add to this the fact the EU lacks technological and intellectual property and is falling further behind China and the US. Recently they started promoting a huge stimulus package. To fund the €750BN package, the EU would borrow on financial markets and put in place a suite of proposed new EU taxes and levies to pay back the debt over the coming decades. Characterizing the current debacle as a deep recession is actually optimistic. The ongoing debasement of fiat, coupled with raging deflation, ensures a very entertaining near future of the deflation/inflation tango. The ongoing destruction of currency is provoking flights of funds into precious metals and crypto. The banking class in the EU is a cabal of lizards. They have been hiding risk for decades, and it has only gotten worse since the introduction of the Euro. In the Mediterranean countries, vast overvaluation of dodgy investments in property means that most of the Med banks are technically insolvent. One day the sacred cows will come home to roost. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The EU economy is expected to experience a deeper recession this year than previously thought,... as the lifting of COVID-19 lockdown measures is proceeding at a slower pace than assumed in its Spring Forecast. According to the Summer 2020, Economic Forecast released on Tuesday. The EU economy will contract 8-point-7 percent in 2020. The contraction is significantly greater than the 7-point-4 percent projected in the previous forecast. Experts cite the far longer period of disruption and lockdown taking place in the second quarter of 2020. The challenge of unwinding stimulus is a lesson that’s long been apparent to central banks. More than a decade after the financial crisis, many had barely moved policy off emergency settings. Their efforts to get back to a more normal stance were on various occasions, scuppered by sluggish growth, weak inflation, or market volatility. European Governments have already pumped billions into support schemes and blown out their budgets in the process. Chancellor Angela Merkel’s government has vowed to spend whatever it takes to get the country growing again, including extending its renowned Kurzarbeit wage-support program. After years of German budget surpluses, that’s been welcomed by other nations, but the country is a rare exception in Europe. Most of its peers face stressed finances. Across Europe, many economies will suffer double-digit slumps in output in 2020. The big hit will be this quarter, the peak of lockdown restrictions. That’s almost certain to be followed by a steep rebound, but rocketing GDP numbers don’t necessarily translate into a sustainable recovery. The 19-nation euro region is set to shrink more than 8% this year, and European Central Bank President Christine Lagarde has warned that the pandemic will change parts of the economy permanently. Hundreds of thousands of workers are already facing unemployment, with companies from Deutsche Lufthansa AG -- Germany’s severely battered airline that just secured a government bailout -- to plane maker Airbus SE preparing to cut jobs. Furthermore, the two main private banks in Germany, Deutsche Bank, and Commerzbank would be on the verge of bankruptcy. The fourth regional bank, NordLB, was bailed out with state aid, which essentially ignored the current bail-in rules (instead applied everywhere else in Europe). And last November, the rating agency Moody revised its outlook on the German banking system downwards (from stable to negative). German cars are now only German in name only. They are designed in Germany by foreign nationals; the parts are built predominately in China or Eastern Europe and either: 1) The foreign parts are shipped to Germany, where the final assembly occurs. "Made in Germany" - or - 2) The whole car is made abroad, "Designed in Germany." If you want a real German car, Get an early 80s BMW. This is all the endpoint of the wonderful Globalization process. It's all driven by profit margins and tax "efficiency." To the benefit of their respective shareholders AND to the detriment of the average German worker. For those who hold equity in German OEMs, this outsourcing has been great, if you are a Handwerker who relies on domestic manufacturing for your job - you're materially disadvantaged. This current system is designed for the preservation of wealth for the top 5% of society - not the bottom 95%. When worker X makes €15 and hour and worker Y makes €3 an hour, shifting manufacturing from X to Y doesn't create efficiencies or improve anything - it just reduces cost, which isn't an efficiency in and of itself. A customs union only works with similarly situated populations, in the absence thereof (whereby a customs union with a very wealthy country and a very poor one) you have manufacturing develop in the poorer countries with services in the wealthier, something that if left unchecked leads to absurd realities. It's a complex problem which is manifesting itself in a multitude of horrible ways, but allowing good-paying blue-collar jobs to flee Germany to other nations benefits no one except the shareholders of the large OEMs, which is a small fraction of the population. In France, figures from Insee's statistics office, show activity in Europe’s second-largest economy still more than 10% below normal. The U.K. economy instantly shrank by a fifth in April alone. In Italy, even with the debt ratio set to top 150% of GDP this year, it’s extended tax breaks for companies and lengthened its furlough program for workers to 18 weeks from an initial 14 weeks. European governments are fast learning that they’ll have to live with aid programs to save jobs and businesses longer than thought to keep the economy from falling off a cliff. Across the continent, furlough programs that shielded close to 50 million jobs at the height of lockdowns, as well as tax deferrals and loan moratoriums, are being extended even as restrictions on movement are lifted. That’s because the sustainability of the economic bounce-back is uncertain, with many businesses still closed or serving fewer customers than before. The economy was already slowing for three years prior to COVID. An economic recession was expected. The whole world is going into recession at the same time. There will be no place to hide. Let's get real. The downturn in GDP for the developed world is closer to 25% despite the bloated response of governments pouring massive amounts of unsecured funds into supporting zombie companies and unemployed workers. Now with efforts to support social distancing being abandoned, there is a dark shadow on the horizon investors may ignore at their own risk. The GDP has turned into a circus of money rotating in circles without actual relation to average prosperity and productivity. Anyone with the intelligence of that surpassing a St. Bernard dog knows that the world has entered the early phase of a global economic depression. There will be NO "V" nor "W" recovery folks. No matter to what degree the Fed juices the S&P on the Market, there will be no actual recovery. It is all smoke and mirrors with many people at home, behind a computer, due to the COVID virus, mere amateurs, "buying low," whereas, the seasoned investors are on the sidelines. Many of these amateurs are "buying low" into already bankrupt companies. October and November will be the real telling point on the Markets. I've been expecting the quasi collapse of the Eurozone, and especially Italy, Greece, and Spain, for about ten years now. The perplexing thing, however, is that no matter how bad their economic and financial situation is, they still manage to limp along. Their solution so far is to just borrow the money, and if interest rates get too high, have your central bank create money and come in as a major buyer of your debt to get those pesky rates down. Several European countries have had even imposed negative rates to coerce people to spend rather than save the money to prevent deflation. How much longer do you think Europe can get away with this and keep it all going? The issue here is the European recession. But The US will be close behind. And we could be talking a Depression, not just a recession. "The virus" was just the pin, not the bubble, and the real bubble was caused by coordinated Central bank Policy. The U.S. will beat Europe to the cliff and be on the bottom before Europe even jumps off in November of 2020. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!