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China is a very very big question
mark. Now Russia already announced that Darubo

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is backed by gold. Many members
of bricks are also going to bab the

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local currency in gold. However,
you're absolutely right because to be coordinated effort,

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one country, one currency will not
be able to dominate that kind of

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trend. You're listening to Carrie Letz's
Financial Survival Network, where you get valuable

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00:00:25,839 --> 00:00:31,320
information you just can't find anywhere else
to thrive in today's trying times. You

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need the Financial Survival Network now more
than ever. Go to Financial Survivalnetwork dot

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com and get your free newsletter and
gift. Financial Survival Network now more than

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ever, and welcome you are listening
to and watching the Financial Survival Network.

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I'm your host, Carrie Lutz,
a special guest on Tonight with Us,

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Yvonne Blassak, and you are the
successor to our good friend who passed on,

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Nick baraschef. You're now president and
CEO of BMG Group, billion dealer

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North of the Border, and we're
thrilled to have you on. Evan.

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Welcome and again our condolences for passing
with Nick. He was really a great

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guy, really generous help with the
show. Quite a bit in its earlier

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days. So we're glad you're filling
his big shoes there. Thank you very

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much. I'm very very happy to
be on your network and I'm very pleased

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to continue the tradition. So hey, golda has been in the rage lately.

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Bitcoins kind of floundering a bit at
a high price, mind you,

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but it still isn't where it was. So well do you see more?

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What do you think the maximum price
gold will be going for in a couple

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of two three years. Well,
I think that gold will probably reach three

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thousand and can even go much higher. It all depends on the geopolitical chess

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board. There's a huge, huge, huge factor in rising price of gold,

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and it has a lot to do
not only with the politics, has

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to do with all different alliances and
the toll or the possibility of many local

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currencies being backed by actual physical gold. Well that'll be the day, you

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know. My feeling has always been
that might be preferable to back your currency

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by a physical commodity such as gold, silver or whatever, but that it

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would only be done as a last
resort when everything else they try to do

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to restore the global monetary system fails. It'll be the last choice, not

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the first choice. Well, it
all depends for who. For us in

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the Western world years, that would
be a very sort of a political choice,

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depending on the circumstances in terps the
other things that are happening right now.

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There's a huge shift from west to
east, and there's a huge chay

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opposition to our current financial systems economic
system being brewed on the on the eastern

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side of the of the of the
world, and that will have a significant

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impact. So the gold itself,
as a Christi bas gold is a huge,

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huge opportunity for gold. I do
believe that the gold rises where even

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go to the level of that Nicholas
predicting, which is ten thousand dollars announce.

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However, when it's very difficult to
say because things are happening. The

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traditional influencer of gold like as you
know as interest rates, inflation, the

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safetya and demand, but the geopolitical
conflicts and central back buying is a critical

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factor. I know what you're saying, it's just an order or you can't

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just have one country, no matter
how big, go on back the car

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by gold, because absolutely I agree, right all the other ones don't,

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then they will because bad money chases
out good We know that for centuries now,

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So it's got to be a coordinated
thing. And the West is still

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fifty percent of the global economy thereabouts. Uh, maybe the alliance will fracture.

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You know, unstable money leads to
unstable politics, for sure. And

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I just think that the world will
come together. They'll try some special drawing

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rights, and they'll try a whole
cocktail, they'll try cbdc's and only then

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when everything fails, will they resort
to gold. For the simple reason that,

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uh, the ability to mint your
country's currency is probably the largest power

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that most governments have over their populace. So once they give up that power,

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and they'll only do it when they
have to, most of their power

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goes away. And if it's one
thing governments love is power over their people.

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So to just switch to free and
honest money, which you and I

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are both obviously staunch advocates of,
they're not just not going to do that.

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China, they could have all the
gold in the world, but the

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second they say that gold is money, then they lose a large amount of

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power over their populace, don't they. This is very interesting. China is

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a very very big question mark.
Now, Russia already announced that their ruble

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is backed by gold. Many members
of BRICKS are also going to bather their

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local currency in gold. However,
you're absolutely right, it has to be

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coordinated effort. One country, one
currency will not be able to dominate that

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kind of trend right now. Currently, you know, the BRICKS countries have

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about three point seven three point five
billion people in the work. They have

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a with forty five percent of the
world population and thirty percent of global economy.

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So as an alliance, as a
group, they are very powerful.

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Are they coordinated? I have no
idea are they are they? You know?

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Close to that. However, there
is something called panic and a public

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perception, and this is this is
a you know what panic is when my

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kids ask me for money, that's
panic. Well, that's like a secret

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is when you tell one percent at
the time. It's the same kind of

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saying. So, however, all
the happenings, all the things that were

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observed indicate that that all be huge
netflax popping up on our current financial system.

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Our financial system is being weakened,
at least perceptually. Therefore, there

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has to be some cording strategy to
enforce it. Well. On another side,

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I'm in gold, so I'm very
happy because this is where one needs

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to be and gold is the future. And when you really think about that,

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in the last twenty years, gold
increased by four hundred and seventy percent

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in price in twenty years. In
five years or sixty five percent over a

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year is about you know, each
year it has been like from twenty one

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to thirty five percent in the flatsh
is only on a short term basis.

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So anyone that wants to preserve their
wealth, preserve their lifestyle needs to be

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exposed to gold in some ways pure
gold. So this is the kind of

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a questions that people to understand.
You know, many times I speak to

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people and they say, oh,
I know, preserve your wealth. You

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must be ultra wealthy. Really there, that's not true, And I say

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what kind of wealth would you like
to preserve? Or my home, my

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house, my car, those things, And of course, you know,

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then people start thinking a differently.
But I think that that what is happening

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right now is the incredible geopolitical chaos. Alliances popping up all over the place.

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There'll be trading alliances, economic military
alliances, and all those things will

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create the pressure on currencies and also
a huge opportunity for gold. That's what

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the prices will go up to,
something that we cannot dere force right now.

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I'm being very conservative. Then when
I say three thousand dollars, it

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could be much more, except the
speed of it, when it will occur,

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is going to be critical. Based
on almost a monthly geopolitical circumstances,

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I couldn't agree with you more.
And you know, I find it very

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distressing. There's people that I would
consider it to be fairly intelligent, and

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they are absolutely clueless as to the
fragility of the global economic system, in

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particularly the modelitary system. They just
don't get it. You know. I

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don't know what it's going to take
other than the ultimate collapse for them to

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realize that, yeah, maybe things
arts are great here. Huh. Well,

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you know, most people follow the
herd. Most people do not want,

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you know, living in silos.
So all these smart people friend of

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whne I wrote the book how smart
people in groups make their stupidest decisions because

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they follow each other. It's it's
it's a different kind of a Nobody wants

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to be an outlier in a in
a group, but what is happening right

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now Without a cohesive plan and some
kind of a strategic a location of gold

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in one's economic system, it is
like rearranging shares on a Titanic when you're

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just about to hit the iceberg.
It's it's just you know, something that

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is going to happen one way or
the other. So so the typical system

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is usually everybody may say status quo. Nobody wants to say, oh my

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god, you know this is going
to happen. So that's so you and

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I are not buying a one way
ticket on the Titanic, but the majority

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of people, we can buy one
white ticket, but coming back, we're

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not getting on it. We're not
getting on that. No, no good,

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it's good. But the majority of
people not only do the way a

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one way, they bought a round
trip and they don't realize it's a one

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way ticket. And that's thing is
going to sink and there's not enough lifeboats

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to go around, and got to
save the women and the children first,

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of course, because that's just the
way it works. Although nowadays, nowadays

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that the Titanic sank, I think
a lot more women and kids would be

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dead and the guys would be that's
just the way society is. But our

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friends, our friends, our relatives, people we care about are all going

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to sink. Where does that leave
us? God? Well, alternative boat,

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alternative boat next to it. You
have to you know, night Yard,

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I wanted. The interesting part is
that it's not only that that that

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they're sitting on the Titanic. The
investing in the Titanic. We're told the

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buyer and shares after you hit the
iceberg, and exactly that's exactly what is

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happening right now, so that so
never mind the passengers there, then you

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know about the investors. So it
is it is very interesting what is happening.

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And I think I think our very
existence, who we are is changing

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dramatically, is changing faster than we
could fastle. Really to really understand that

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one has do is a broad knowledge
based knowledge on everything, history, economy,

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sociology, politics, find us.
Most people don't, so they rely

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on experts. Experts live is silos. Experts don't want to a as is

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a breach. Any candle start to
schools many times, and those that do

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that for a variety of different reasons, I couldn't agree with you more.

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I will conclude with a quote by
Jonathan Swift, a phenomenal author you know

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well, and he said, there's
none so blind as those that won't see.

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And thank you, Yvonne for coming
on the show, for helping to

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00:12:39,960 --> 00:12:43,559
at least make the effort to get
people to see what is to you and

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I as obvious as the news on
our faces, and yet they refuse to

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see it. Hey, Yvonne,
how do we connect with you? What's

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00:12:52,759 --> 00:12:58,159
the best way to find you on
the interwebs? Here the interwebs through our

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00:12:58,240 --> 00:13:09,240
website and BMG group dot com,
Bmgsgroup dot com, bmg WWBMG we got

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00:13:09,240 --> 00:13:15,399
it the links in the show notes
of this interview on Financial Survival Network dot

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00:13:15,440 --> 00:13:18,919
com. When you're at the site, please go ahead and subscribe to the

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00:13:18,960 --> 00:13:22,200
newsletter. It really helps me a
lot. Would you believe there's over thirty

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00:13:22,279 --> 00:13:26,279
thousand of you out there subscribing to
our newsletter. Now. My goal is

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00:13:26,399 --> 00:13:28,879
before the end of the year,
and certainly before I retire in a few

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00:13:28,960 --> 00:13:33,879
years, to get that number to
one hundred thousand. Vaught. It's been

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an absolute pleasure. Thank you so
much. We'll talk to you again so

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and thank you very much for Peggy
the pictures for the Blind. Thanks for

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00:13:41,279 --> 00:13:46,600
listening to carry Letz's Financial Survival Network, your solution to today's trying times.

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00:13:46,879 --> 00:13:54,320
For the latest, go to Financial
Survivalnetwork dot com. Financial Survival Network now

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