A viewer asks: “What is the probability that the U.S. and other governments, such as Canada’s, would repeat the Roosevelt Executive Order of 1933 and Trading with the Enemy Act to order the surrender of gold to the government at some dubious (low) price? Or is there a high probability that gold could become the monetary standard again in the future?”

We do not see anything in the planning to have a draconian clampdown on gold ownership. We do see a bright future for gold as an asset of great value and playing a role in a resetting of the financial system also. Exactly what form that takes will be determined by the various governments in doing what they feel is best for their nations, but we do not see any cheapening of gold as a basic anchor. It has stood the test of time through many, many centuries in always being held in esteem and coveted and is a proven source store of value, while fiat currencies come and go. To us, this is really all one needs to know about the wisdom of having a core position in precious metals. This will obviously differ among individuals whose situations all differ in how much they have in savings, how dependent they are on growth, and so on. Many things can happen when the financial system is under great stress, including a reset of the gold price in dollars as a way of capturing a benefit of the large gold stores in the vault of governments around the world. Time will tell what direction this takes and when.