The Many Ways They Take Your Wealth (Uncut) 02-21-2025
Hidden Confiscation: The Many Ways They Take Your Wealth
you know I get from people all the time oh they’re not going to confiscate gold again it’s not part of the monetary system anymore which actually if you look at how many central banks are accumulating massive amounts of gold we see that as being not true it is very much a part of the monetary system but there are so many different ways that they can meaning the central banks and the governments can confiscate your wealth they just name it different things so we’re going to do a series here today is the first part of the
series but there are six parts so you want to come back and stay tuned so that you can make educated choices that actually support your best interest first what a concept and you need to really understand what’s going on so let’s just start with the definition of confiscation because that will make it more clear as we go through it is appropriated by the government where you are deprived of property by confiscation and it seizes as forfeited to the public treasury to seize by or as if by Authority so let’s be clear that
the confiscation is about the government appropriating your wealth and they can do it with or without your knowledge but they need your cooperation let’s talk about that perception management facilitates a whole bunch of forms of confid confiscation we’re going to start with really a simple one and that’s about money because central banks issued this stuff right we’ve got all of this paper and what what do we know we know that it loses value over time because it is no longer backed by gold which creates
restrictions so they took that away from us in 33 the public but they legalized it again in the 70s and started issuing coins in the 80s so this is from a 1993 fomc Federal Reserve meeting minutes and by the illustrious and I use that term maybe not the way some people would want me to use it but what did Allan Greenspan say about gold in the system if we are dealing with psychology then the thermometers one uses to measure it have an effect because a rising gold price is an indic ation of distress what would happen if
the treasury sold a little gold in this market there’s an interesting question here because if the gold price broke in that context the thermometer would not be just a measuring tool it would basically affect the underlying psychology and have people not position into physical gold not think about gold as money again because truthfully if it were currently trading at its fundamental value everybody it would be an excess of 40 Grand everybody would be aware of it and they would therefore be aware that this is losing value very
very rapidly which I think we’re going to see the second half of this year but some of the many forms of government confiscation what you’re looking at here is a mine Mali starts executing the order to seize gold stocks at Barrack mine now this just happened happened in January authorities started executing the order on January 11th and the dispute escalates over mine Revenue in the West African nation so what are they talking about here the world’s number two gold producer is locked in a dispute
with the ma Malian government that censors on the distribution of Revenue why do they care that’s taxation that is a form of confiscation other large producers in Mali include B2 gold Corp and they have already announced settlements with the government that involve payment to the state and higher royalty rates those are two forms of confiscation they’re going to have an impact on the cost to mine the Gold and what do we know about that all-in cost it has been rising and rising and Rising but what do we also know we know that
desperate governments do desperate things this is inflationary but more than that this is a form of confiscation it’s just known as payments to the state and higher royalty rates make no mistake those are forms of confiscation Burkina Faso raises gold royalties following a production decline so this is a way for governments to generate more income they’re responding to a dip in Gold production as has amended its mining code to secure higher royalties during profitable times the country’s military
government declared an increase in the minimum royalty rate for spot prices above 1,500 anoun which we all know they’re well above that adjusting it to 6% from the previous 5% so a full percentage Point increase this CL this rate climbs to 65% for prices between 17 2,000 and reaches 7% for prices exceeding 2,000 so really what it’s gone from is 5% to 7% That’s a full 2% increase in royalties which are a form of confiscation they will also have an impact on the price of gold and remember gold is used in every single area of the
global economy and in our lovely Zimbabwe way which we track and track and track and supposedly has a gold backed currency it’s not backed it’s picked but they have a new mining tax regime oh my goodness so let’s look at that the finance Act of 2024 users in sweeping reforms to Zimbabwe’s mining tax framework aiming to boost Revenue collection mining royalties tax is now applicable with rates determined by the 37th schedule what is that I don’t know it’s kind of opaque special Provisions are also made
for capital gains tax particularly targeting the sale or transfer of mining assets so governments want to take more and more of the wealth that’s produced out of their minds just like they tax you and I for gold some of the many many names of confiscation and how does that impact it and you know we’ve been watching Zimbabwe who brought out their zigg Zimbabwe gold back in May and oh my goodness here is the overnight revaluation that they just did in October and the spot US dollar contract to the Zimbabwe gold up
90.6% not too bad now okay there’s something interesting that happened here which is I was going to do this last week and I didn’t get to it so I did pull the chart and before I just deleted those older charts I decided to make a comparison and I thought it was really interesting for you to see because last week they were up 90.1 six but that has declined somewhat to 87.6 n% and so what that’s showing you is in a is just a one weer but the spot us to the US dollar to the Zimbabwe gold down week over week
that’s what wow means although it is a wow also but week over week okay how about spot silver to Zimbabwe currency up 93.5 n% last week and up 9358 this week so basically level what about spot gold last week it was up 12.94 so almost 121% this week it was up 123.1mi your purchasing power better than anything else and in fact actually expands it and I’ve shown you this so many times I’ll keep showing it to you until you fully see what that looks like spot silver is about protecting your current standard of living that’s why I
use it for asset protection for Bart day-today barter ability and US dollars I mean come on do I even need to say it and what we’re going to be noticing is even more inflation which is a form of confiscation and what you’re seeing here is a huge form of overnight confiscation of your wealth you tell me what’s protected you the best another Fiat to Fiat it doesn’t mean anything because they’re all losing purchasing power silver yep that’ll protect your standard of living but gold expands it and we see
that over and over and over again sound money physical gold physical silver in your possession prevents that inflation confiscation every single portfolio every single person needs to have a rock solid foundation of sound money because it protects your freedom and your ability to sustain a reasonable standard of living that’s what we do at Z Enterprises we execute our strategy that’s just simply based on repeatable prices it is simple and easy to understand it’s an ounce of gold it’s an ounce of silver it has the broadest base
of functionality and the broadest base of demand it doesn’t go to zero this stuff well here Zimbabwe 10 trillion doll note I’m a trillionaire but I can’t buy any eggs with it can I so until next time keep in mind that we are all here to be of service and we need to come together in community because we need to have a say in this next iteration of money even if it’s in digital form and it must be convertible so it must be truly backed not pegged to some artificial price that is easily controlled you want to become your own
Central Banker to protect your choices and your freedoms and those of your families and your family’s future and until next we meet let’s come together create a quiet Revolution all you have to do is convert your garbage Fiat that’s being inflated away into sound money gold and silver and until next we meet I 100% know that together as a global Community we can make a longlasting and positive impact on a l lot of people join this community and let’s work together to make the future of our families and our children and our
children’s children brighter than it is right now and until next we meet please be safe out there bye-bye