Short Term Forecast
Jim Rickards expects:
- a 50% stock market crash
- a final collapse of the U.S. dollar
- violent riots across America
- gold will exceed $20,000 per ounce
- MSN, September 24, 2024 – ‘Best time to get rich is approaching’: Robert Kiyosaki predicts up to 15,000% upside in these 3 assets, foresees ‘long-term bull market cycle’ — is he right?
- Yahoo!Finance, May 27, 2024 – Investing guru James Rickards says gold will hit $27,533 an ounce — and it’s ‘not a guess.’ Here’s his argument
- GOLDSCAPE.NET, June 29, 2023 – Five-figure gold: Can gold go beyond $10,000 per ounce?
- Capital.com, March 24, 2022 – Schiff sees gold at $20,000 in a dollar crash
- e Research, April 28, 2020 – Gold Price Predictions – 34 Pundits Give Their Opinions of the Future Price of Gold “These 148 Analysts Think/Thought So”. None of their forecasts “panned” out (pun intended) but some are back at it again suggesting that we are going to see gold going as high as $20,000.”
- BUSINESS INSIDER, January 8, 2013 – According To The Bretton Woods Calculation, Gold Is Worth $20,000 Per Ounce
The Grand Texas Option to the inflated U.S. Dollar
I will be working to pass the Texas Gold-backed Dollar in the 89th Texas Legislature.
The Texas Bullion Depository was created in 2015. It has been in operation. Learn about it from the Texas Comptroller of Public Accounts.
In the 88th Texas legislative session, identical bills were proposed in the House and in the Senate.
- Texas Senate Bill 2334, Relating to the establishment of a digital currency backed by gold; authorizing a fee.
- Texas House Bill 4903, Relating to the issuance of gold and silver specie and the establishment of a digital currency based on gold and silver; authorizing a fee.
Constitutional Authority
U.S. Constitution, Article I, Section 10:
“No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
Benefits of a Texas Gold-Backed Dollar
- immunity from inflation of the U.S. dollar
- preserve personal wealth
- not subject to U.S. capital gains taxes
- free from the vagaries of a central bank digital currency (CBDC)
- operates under the authority of the Comptroller of the State of Texas, not the politicized Federal Reserve
The first video was produced one year ago, September 24, 2023. (National debt was $31.4 trillion)
This next video was published by Kevin Freeman on September 12, 2024 (National debt was $35.4 trillion on 9/24/2024)
What can I do?
Communicate with your Texas State Representative in the House of Representatives. Tell him/her to support a Texas gold-backed dollar as it was proposed in the 88th Legislature. Reference Texas House Bill 4903.
Communicate with your Texas State Senator in the Texas Senate. Tell him/her to support a Texas gold-backed dollar as it was proposed in the 88th Legislature. Reference: Texas Senate Bill 2334
Communicate with Texas Governor Greg Abbott. Tell him to call a special legislative session. The purpose is to pass a Texas gold-backed dollar. This was proposed by Texas House Bill 4903 and Texas Senate Bill 2334.
Use this convenient Texas Capitol website to find your representative and your senator:
John White
Rockwall, Texas
John N. White 