Summary of Moscow Gold Standard could expose fair gold price, end market manipulation - Piepenburg (Pt. 2/2)

00:00:00 - 00:30:00

The Moscow Gold Standard could expose fair gold prices, end market manipulation. The proposal is gaining support from various countries, including China and Russia, and could eventually replace the London Bullion Market Association (LBMA). If successful, it could improve the stability of the gold market and reduce manipulation of the gold price.

• 00:00:00 The Moscow Gold Standard could expose fair gold prices, end market manipulation - Piepenburg (Pt. 2/2). Russia is proposing its own international standard for gold and other precious metals in response to Western sanctions. If successful, this would be a shift significant to the gold price as it would normalize pricing and give other countries an alternative to the LBMA.
• 00:05:00 The Moscow Gold Standard could expose fair gold prices, end market manipulation. The proposal is gaining support from various countries, including China and Russia, and could eventually replace the London Bullion Market Association (LBMA). If successful, it could improve the stability of the gold market and reduce manipulation of the gold price.
• 00:10:00 The Moscow Gold Standard could expose fair gold prices, end market manipulation, and create a more equitable monetary system. While it is still in development, this new currency may be backed by gold, which would negate the usefulness of gold as a reserve currency.
• 00:15:00 The Moscow Gold Standard could expose fair gold prices, end market manipulation.
• 00:20:00 The author of the video points out that every fiat currency has been debased, and that there is a risk of a tipping point that could lead to a financial collapse, currency crisis, social unrest, and extreme political centralization. He also points out that the gold price is not correlated with the US dollar, and that there are a number of reasons why people may not be seeing the sensibility reflected in the gold price.
• 00:25:00 The Moscow Gold Standard could expose fair gold prices, end market manipulation. The paper price of gold has absolutely nothing to do with the physical price of gold or the physical need for all the demand for gold. I think those systems have to break first in order for the LBMA markets to be contracted or out played by the Moscow World Standard. The US Dollar has to find its inevitable Baseball Upcoming Back to Earth. It's going to happen so investors should be patient and think chess moves, not checker moves with precious metals. People think that's an apology or excuse for a low gold price, but none of the investors who bought gold at 500, 300, 1500, 1800, or 1900 are really worried about daily price fluctuations. In fact, when considering the global debtload, inflation is palpable, and gold prices rise regardless of what the LBMA tries to do or what central banks try to do. I think 5,000 to 16,000 in the next five to 10 years is appropriate, but that's being measured in increasingly weaker US Dollars if measured in Kroner, Franks, or Pounds. The market is currently pricing 50 dollar gold at an unrealistic 16,000. The market is also pricing 300 plus trillion in global debt when GDP is only one
• 00:30:00 Matthew Piepenburg, a financial analyst, discusses the Moscow gold standard, which he believes could expose unfair gold prices and end market manipulation.