The Fed has never done this in history, expect another 50% market crash - Todd Horwitz

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  • เผยแพร่เมื่อ 16 ต.ค. 2024

ความคิดเห็น • 1.2K

  • @albertorodriguezfernandez5956
    @albertorodriguezfernandez5956 2 ปีที่แล้ว +136

    "The Fiat currency system is fraudulent" AT LAST!!! Someone has said it!
    Thank you Kitco for bringing this guy in!

    • @willrose5424
      @willrose5424 2 ปีที่แล้ว

      And trading or investing is a license to print money. I'll trade in a bear market and still win once I have steady income.

    • @jamespossible2601
      @jamespossible2601 2 ปีที่แล้ว

      Alberto, "the fiat currency system is fraudulent" is not new and it has been said time and time again. Bubba is not a voice that will change monetary policy.

    • @WaveformV1.0
      @WaveformV1.0 2 ปีที่แล้ว +4

      Plenty people been saying that for years.

    • @albertorodriguezfernandez5956
      @albertorodriguezfernandez5956 2 ปีที่แล้ว +1

      @@jamespossible2601 Absolutely not, however it is refreshing that in an interview this person so openly screams about this fact.

    • @sten260
      @sten260 2 ปีที่แล้ว +4

      someone said finally? that's all I hear for decades

  • @Peter-MH
    @Peter-MH 2 ปีที่แล้ว +54

    The only surprising thing is some people are surprised at this unfolding scenario. We’ve been living in debt fuelled fantasy land for decades. It was never going to last forever.

    • @magnumpi28
      @magnumpi28 2 ปีที่แล้ว +1

      Maybe last a few more decades???

    • @nternalPractice
      @nternalPractice 2 ปีที่แล้ว +6

      No kidding!!! People have had their heads up their asses for at least two decades.

  • @gehaberl
    @gehaberl 2 ปีที่แล้ว +26

    Really enjoyed this interview with Bubba and his perspective. He gets it and puts it out there and connects all the dots for those who cannot see it themselves. Wake those sheeple up Bubba! Best Regards

    • @gieb6428
      @gieb6428 2 ปีที่แล้ว

      I like that, it's like flushing the toilet with the big button

  • @russellffnunley
    @russellffnunley 2 ปีที่แล้ว +39

    Bubba is spot on! Slightly higher rates over the last 9 years would have put the market in a healthy place and preserved the economy at the same time.

    • @RealAudi0
      @RealAudi0 2 ปีที่แล้ว +5

      yeah, maybe they should aim for 0% inflation instead of 2%

    • @siriusb1683
      @siriusb1683 2 ปีที่แล้ว

      And he is completely wrong about shale fracking. That would only make him wealthier and not fix inflation..... No one speaks the complete truth anymore.

  • @johnterry8958
    @johnterry8958 2 ปีที่แล้ว +86

    This guest is a great guy, he tells it like it is.

    • @WMGIII
      @WMGIII 2 ปีที่แล้ว

      The guest and his peers are the problem. They produce nothing while raking in millions as the mining industry slides into ruin.

  • @Patrickmarc2423
    @Patrickmarc2423 2 ปีที่แล้ว +180

    Powell isn’t doing nothing they want the system to crash

    • @Chewie374
      @Chewie374 2 ปีที่แล้ว +16

      System going to crash regardless. Raising the interest rate is the only way to lower inflation.

    • @o9rgeronimo979
      @o9rgeronimo979 2 ปีที่แล้ว +1

      The fed has painted itself into a corner.

    • @Patrickmarc2423
      @Patrickmarc2423 2 ปีที่แล้ว +6

      @@o9rgeronimo979 just A matter of when

    • @valdomero738
      @valdomero738 2 ปีที่แล้ว +2

      Based J pow

    • @LarsonFamilyFarm-LLC
      @LarsonFamilyFarm-LLC 2 ปีที่แล้ว +7

      True...BUT FIRST, there needs to be a series of dead-cat bounces that look like bull runs right after bear market drops... THEY NEED to get EVERY LAST person in the markets....before the final drop down to 60% correction off the highs. This process might take 2 years to get to the 60% drop on S&P, DOW and NASD

  • @bob_8062
    @bob_8062 2 ปีที่แล้ว +145

    Bubba just gained my attention. He nailed it this time.

    • @aqualuxx
      @aqualuxx 2 ปีที่แล้ว +4

      This is the worst take I’ve heard all year

    • @Hotel_Chuck
      @Hotel_Chuck 2 ปีที่แล้ว +9

      @@aqualuxx explain if you don’t mind?

    • @aqualuxx
      @aqualuxx 2 ปีที่แล้ว +1

      @@Hotel_Chuck it’s just pandering to the masses. Everyone and their mother expects a big crash - most likely either bc they are the standard gold bug boomer bitter about an irrational market or maybe bc they just sold out at the bottom and the desperately need it to go another 50% to buy back in. Max pain is up and chop sideways

    • @rejectionistmanifesto8836
      @rejectionistmanifesto8836 2 ปีที่แล้ว +1

      CBDC will usher in a total digital slavery system as explained by Catherine Austin Fitts if people tolerate or accept it. When the people refuse NO system can succeed, NEVER.

    • @aqualuxx
      @aqualuxx 2 ปีที่แล้ว

      @@rejectionistmanifesto8836 the potential for a dystopian CBDC is the reason we need crypto. NPC gold bug boomers have a hard time understanding this (not saying this is you) but gold can’t compete with a China style CBDC, but a privacy coin offers a work around unrestricted by geography.
      Also Powell is not going to usher in a CBDC that kills freedom in the western world. If you think Powell is “that guy” you are confused. Obama is “that guy”
      Schwab is “that guy”
      Janet Yellen is “that guy”
      Powell is not playing for the same team though. I know this shit can get confusing, but you should be thanking god Powell is still in a position to be making decisions.

  • @pd8505
    @pd8505 2 ปีที่แล้ว +57

    Todd gave a brilliant analysis with awesome comon sence throughout this broadcast.

  • @workwillfreeyou
    @workwillfreeyou 2 ปีที่แล้ว +122

    Anybody that believes "We Can Fix This In The Next Election Cycle" Probably believes in Santa Claus & The Tooth Fairy.

    • @lesabruner6601
      @lesabruner6601 2 ปีที่แล้ว +5

      Truth!

    • @bracsim
      @bracsim 2 ปีที่แล้ว

      I know, the damage done by the communist democrat party is irreversible.

    • @ballinhard2065
      @ballinhard2065 2 ปีที่แล้ว +18

      When all else fails they take u to war

    • @yogiandbooboo7232
      @yogiandbooboo7232 2 ปีที่แล้ว +1

      🎯

    • @ZM1306
      @ZM1306 2 ปีที่แล้ว +7

      I do belive in the last two...
      the first one is just a childish fantasy.

  • @excelblackbelt3057
    @excelblackbelt3057 2 ปีที่แล้ว +96

    Amen, Sir! Great interview. His blunt demeanor is demanded at at time like this--and hopefully more people will wake up and vote accordingly. BTW: I seek out real journalism, which is hard to find (understated). Kitco is one of my main sources. Harry Dent is another.

    • @Itachi-km5bz
      @Itachi-km5bz 2 ปีที่แล้ว

      Vote accordingly?
      Voting makes ZERO difference, these puppets politicians are selected not elected..

    • @sunnyd4734
      @sunnyd4734 2 ปีที่แล้ว +2

      ClearValue Tax is a good channel.

    • @tockpro105
      @tockpro105 2 ปีที่แล้ว

      Harry Dent has been warning for years , and He will be vindicated on his assessment of the markets real soon!

    • @simonmiddleton4487
      @simonmiddleton4487 2 ปีที่แล้ว

      Itm trading is worth a look

    • @kelly5198
      @kelly5198 2 ปีที่แล้ว

      Agreed on all counts!

  • @rogerburn5132
    @rogerburn5132 2 ปีที่แล้ว +12

    Todd is Brilliant Gest Thanks DAVID. You are doing GREAT JOB 👍👍👍👍

  • @CLEARCIRCLEMEDIA
    @CLEARCIRCLEMEDIA 2 ปีที่แล้ว +50

    Great interview guys .. new to "Todds world" he rocks keep up the great work

  • @deepakanand3355
    @deepakanand3355 2 ปีที่แล้ว +7

    David you rock in asking questions and making it simpler for the audience

  • @littlebitmckee8234
    @littlebitmckee8234 2 ปีที่แล้ว +53

    I am so happy to hear that the Supreme Court will hopefully rule against the loan forgiveness so that we don't have to pay for this in our taxes. My husband, son, and I already paid our tuition costs in full and now are working on our other debts. We each need to pay our own debts. Our debts reflect our choices. I didn't choose for others to go to school. They did, they need to assume the consequences.

    • @angiemcleod7979
      @angiemcleod7979 2 ปีที่แล้ว +6

      Good for you rising out of poverty to pay your university costs. That is inspiring 🙂

    • @mvc2177
      @mvc2177 2 ปีที่แล้ว +2

      Well said

    • @tunatony
      @tunatony 2 ปีที่แล้ว +5

      This is taxpayer rape and it's bleeding back there🤡

    • @davidcollins8150
      @davidcollins8150 2 ปีที่แล้ว +5

      you pay for a bloated military - does that benefit you? - it's all a matter of perspective

    • @mvc2177
      @mvc2177 2 ปีที่แล้ว +2

      @@davidcollins8150 no it does not benefit us in many instances.

  • @brainkill7034
    @brainkill7034 2 ปีที่แล้ว +7

    Always enjoy seeing Bubba on and hope to see much more of him in the future. Thank you.

  • @marcusaurelius5652
    @marcusaurelius5652 2 ปีที่แล้ว +26

    Can you imagine this guy drunk at a party?

  • @bracsim
    @bracsim 2 ปีที่แล้ว +40

    I remember when Ron Paul was running for president, he once said ( audit the FED) but none of you listened, you all laughed at the old man, he was 100%.

    • @BlackFreemen
      @BlackFreemen 2 ปีที่แล้ว +5

      They definitely ignored him. End The Feds!

    • @Stone881
      @Stone881 2 ปีที่แล้ว +8

      I didn't, he had my vote.

  • @TeshTube
    @TeshTube 2 ปีที่แล้ว +109

    Kitco News is the best market news channel. This episode is so timely. I can always trust Kitco News to get up to the minute market news. Thank you! 🙏🙏🙏

    • @stevemiller8895
      @stevemiller8895 2 ปีที่แล้ว +1

      PROPAGANDA CHANNEL!

    • @nrshahwan
      @nrshahwan 2 ปีที่แล้ว

      Specially with his hair 😂

    • @ridethecurve55
      @ridethecurve55 2 ปีที่แล้ว

      Wow! Bubba has aged, Bigly! Stressful markets will do that to YOU! Better find another occupation.

    • @CodingAbroad
      @CodingAbroad 2 ปีที่แล้ว

      They’re ok but very pro gold which has done sweet FA

  • @greypawn7780
    @greypawn7780 2 ปีที่แล้ว +4

    i'd like to see this BUBBA more frequently on this channel; he speaks in a direct way, he's not trying to bend the truth or spin around .. decent and honest guy, best interview i seen on this channel, thanks Bubba for having the courage to speak up for the truth ..

  • @thevanman4498
    @thevanman4498 2 ปีที่แล้ว +7

    Usually Bubba doesn’t get anywhere this passionate about the economy, I love the cold shower he pours on Powell. This is a new reborn Bubba, he came out swinging, earned my respect.

  • @Louis-ji3sn
    @Louis-ji3sn 2 ปีที่แล้ว +45

    This is a solid guest with a great perspective, thanks.

  • @gd1996
    @gd1996 2 ปีที่แล้ว +25

    We're already paying like double for food... times like these are why I'm glad I don't have other mouths to feed than my own.

    • @sdrc92126
      @sdrc92126 2 ปีที่แล้ว +2

      I'm glad I know how to cook from very basic inputs

    • @starfalcon2
      @starfalcon2 2 ปีที่แล้ว

      time to grow farm in our backyard?

  • @Hasher411
    @Hasher411 2 ปีที่แล้ว +21

    I like how David Lin plays the devil's advocate but we can read him between the lines. 😂

    • @datacipher
      @datacipher 2 ปีที่แล้ว +5

      Lol. He asks good critical questions and probes for clear and direct answers… but he’s clearly a smart guy… he knows the score.

  • @alexanderbobrovitskiy956
    @alexanderbobrovitskiy956 2 ปีที่แล้ว +38

    I am proud that America still have such honest and brave men like Todd Horwitz! It was pleasure to hear a hard truth against traditional sweet lie. We love this man. Thank David for that interview!

  • @lambchoppa3718
    @lambchoppa3718 2 ปีที่แล้ว +33

    Great reset! They are accelerating to it as fast as possible don't get comfortable people!

    • @CT-ob2bw
      @CT-ob2bw 2 ปีที่แล้ว +2

      Absolutely right and the trick….all under the “law”! BS!

    • @alfredepding974
      @alfredepding974 2 ปีที่แล้ว

      The Biden Administration, the U.S. Treasury in conjunction with the FED, the U.S. State Dept. all have pushed for recklessly, incompetently, and with much hubris printed trillions to prop up the U.S. economy and wrecked more havoc in supply chains all leading to high inflation. Then Russian sanctions were imposed that caused commodities to soar including food, energy, rare earth minerals, fertilizer, etc. These actions and international financial major blunders since 2020 will hurt people in much of the world and hurt in the U.S. also in many ways more than Russia has been hurt or will be hurt. The Russians are happy to be totally unwinding from Western monetary and financial systems that are failing.
      Massive droughts in the U.S. and EU have not helped essential food production either and costs for farmers and ranchers have gone up over 200% in the last several months to raise crops and livestock. We will start to see those big price increases in the stores by this fall.
      That 'great reset' is the end of U.S. hegemony and the end of the Petro Dollar system coming possibly in months now instead of years. Our U.S. Dollar decline will hyper-inflate our economy.

  • @wilfhigginson465
    @wilfhigginson465 2 ปีที่แล้ว +6

    Don’t hold back Bubba... tell us how you really feel!
    You Rock Bubba! 👍🏼🇺🇸

  • @c8089923
    @c8089923 2 ปีที่แล้ว +5

    Bless you Todd. You're the first commentator who has come out and made the connection between The Great Reset and financial markets. TPTSB are in the process of destroying ALL financial assets which will lead us to 'owning nothing' and being miserable. As the equity markets crash, we will run to safe haven US treasuries which will crash with the coming US sovereign debt crisis.

  • @ChancetheCanine
    @ChancetheCanine 2 ปีที่แล้ว +7

    David wether you like to hear it or not, Bubba is 100% correct!!

  • @suebowman7258
    @suebowman7258 2 ปีที่แล้ว +4

    Love the guest! David rocked again! I agree with Mr. Horwitz.

  • @logicomega7
    @logicomega7 2 ปีที่แล้ว +2

    Finally someone who calls out the truth. Kudos to Todd Horwitz. One of the best guests you've ever had.

  • @krishuntzeroable
    @krishuntzeroable 2 ปีที่แล้ว +9

    This guy really explains everything well. Love to see him on again.

  • @jeffchapman8992
    @jeffchapman8992 2 ปีที่แล้ว +3

    1st time hearing Todd "Bubba" Horwitz = INSTAFAN FANTASTIC FANATIC. LUV HIM!

  • @dave8212
    @dave8212 2 ปีที่แล้ว +10

    Thanks David, lovin the hairstyle variations ! 👍

  • @barry5152
    @barry5152 2 ปีที่แล้ว +2

    This man is dead on accurate. He is the first commentator on media that says it exactly like it is.

  • @Rotorcop12a
    @Rotorcop12a 2 ปีที่แล้ว +15

    Best Kitco interview yet! The guy is awesome!

  • @gone4days956
    @gone4days956 2 ปีที่แล้ว +23

    Don’t fear the collapse of a corrupt system.

    • @andrewburton4584
      @andrewburton4584 2 ปีที่แล้ว +2

      Amen to that!

    • @agaragar21
      @agaragar21 2 ปีที่แล้ว

      Why is "corruption" so Evil....................just cause your not white , well to do and male???.....Somebody has to be on TOP, why not us ?

  • @Milliegs
    @Milliegs 2 ปีที่แล้ว +3

    I always listen to Bubba! When he speaks I listen.

  • @tcathunder
    @tcathunder 2 ปีที่แล้ว +73

    When Todd talks you better listen.. He is 100% correct.

    • @vincentruben4365
      @vincentruben4365 2 ปีที่แล้ว +1

      the last statement with a big /S I assume

    • @TuongNguyen-te8zy
      @TuongNguyen-te8zy 2 ปีที่แล้ว +2

      only GOD is 100% correct. When He talk, do you listen?

    • @spandex7055
      @spandex7055 2 ปีที่แล้ว

      And how do you know that?

    • @brian6x
      @brian6x 2 ปีที่แล้ว +1

      90% He gets fracking wrong.

    • @tcathunder
      @tcathunder 2 ปีที่แล้ว

      @sebvettel35 if we go into a deep recession it could get there easily..

  • @Eric-se5bc
    @Eric-se5bc 2 ปีที่แล้ว +3

    Like Todd!!! Honest man.

  • @sailorphilumber
    @sailorphilumber 2 ปีที่แล้ว

    kitco is my favorite economic news outlet, it hosts the best boomers and their opinions.
    love it

  • @michaelwahib5822
    @michaelwahib5822 2 ปีที่แล้ว +8

    Thank you David

  • @peter.g6
    @peter.g6 2 ปีที่แล้ว

    Man, this gentleman is awesome. Breath of fresh air to hear someone say how it is.

  • @thomashusted
    @thomashusted 2 ปีที่แล้ว +5

    Todd’s great no BS just saying it like it really is hard to find in this day and age!

    • @guillemodred3938
      @guillemodred3938 2 ปีที่แล้ว

      claiming that we would be oil independent if we only did more fracking is BS. I don't believe it''s intentional BS, I just think he innocently makes this claim out of ignorance.

  • @belowsealevel8663
    @belowsealevel8663 2 ปีที่แล้ว +33

    How's that soft landing going for you Jerome? Don't worry, everything is "transitory" with enough time. 😂

    • @tktimber418
      @tktimber418 2 ปีที่แล้ว

      Silver is still $6 or so over spot for the cheapest sovereigns. Eagles are $14. It’s not really going down.
      Everyone knows it’s going to get real really fast. We are in the internet age. It took hundreds of years for Rome to collapse. Decades for British empire. A few years for USSR. We’re going down in months..

    • @locks4
      @locks4 2 ปีที่แล้ว +2

      @@tktimber418 a collapse is worse than a crash, at least with a crash you hit the bottom and can rise, with a collapse everything doesnt have any support and goes into a free fall

    • @keithbellair9508
      @keithbellair9508 2 ปีที่แล้ว

      @@tktimber418 usa has been in collapse since civil war

    • @frankrosebrock4424
      @frankrosebrock4424 2 ปีที่แล้ว

      Powell himself is more transitory than everything.

  • @yejollykrewe1208
    @yejollykrewe1208 2 ปีที่แล้ว +16

    Nice perm David. Now really go for it & bolt on some fake lashes & cake on some silver sparkle eyeshadow! Love the show.

  • @wanderingdoc5075
    @wanderingdoc5075 2 ปีที่แล้ว +42

    Jerome Powell has the audacity to say that when the inflation itself was created by government and the Federal reserve!

    • @WaveformV1.0
      @WaveformV1.0 2 ปีที่แล้ว

      Don’t worry they all got rich from it as well. Just more transfer of wealth..once digital currencies arrive they will have even more tools to shaft the little guy

  • @Bianca-bb6tt
    @Bianca-bb6tt 2 ปีที่แล้ว +3

    The next level of Gold is 1200, Dow 18000, Bitcoin 8000,

  • @johnhibbs6508
    @johnhibbs6508 2 ปีที่แล้ว +1

    Todd is 100% right

  • @davidthelen1457
    @davidthelen1457 2 ปีที่แล้ว +16

    I paid my student loans to. I made barely enough to survive. I want my tuition loans that I paid back..

    • @mandoperthstacker
      @mandoperthstacker 2 ปีที่แล้ว +2

      It's a bit weird how the 'freeist' nation has most expensive education and medical care when it's not ranked that high.

    • @brandonsewell845
      @brandonsewell845 2 ปีที่แล้ว

      @@mandoperthstacker is right now a bad time to get into the stock market?

    • @rev.jimjonesandthekool-aid4488
      @rev.jimjonesandthekool-aid4488 2 ปีที่แล้ว

      "Too"

  • @Shauntay76
    @Shauntay76 2 ปีที่แล้ว +6

    Appreciate his honesty.

  • @HazeOfWhearyWater
    @HazeOfWhearyWater 2 ปีที่แล้ว +47

    Seems like yesterday they were redefining the word recession.

  • @christopherbic7688
    @christopherbic7688 2 ปีที่แล้ว

    This discussion is most excellent.
    Much gleaning by many from this.
    Shalom

  • @francisarledge9981
    @francisarledge9981 2 ปีที่แล้ว +11

    When people lose their jobs and quit putting money in their Roth and start taking money out it will crash 50 to 85%

  • @ginacardarella
    @ginacardarella 2 ปีที่แล้ว

    Great you had Bubba on today!!!

  • @cnnw3929
    @cnnw3929 2 ปีที่แล้ว +3

    Todd is right. Open up the spigots, more fracking and shale production and more new oil leases. Inflation problem and supply line issues solved!

    • @maureencombites6252
      @maureencombites6252 2 ปีที่แล้ว +1

      You’re absolutely correct but the powers that be will never let that happen. It doesn’t align with their agenda.

  • @francisarledge9981
    @francisarledge9981 2 ปีที่แล้ว +11

    Inflation was caused by the war on oil and the Fed leaving interest rates too low for too long.

    • @zachmclean2858
      @zachmclean2858 2 ปีที่แล้ว

      Definitely not giving out trillions in ppp loans…

    • @navi2102
      @navi2102 2 ปีที่แล้ว +1

      Another issue is underinvestment in farming & agriculture. There aren't enough farmers in the U.S.

    • @designmycity
      @designmycity 2 ปีที่แล้ว

      @@zachmclean2858 lol

    • @denguyen2395
      @denguyen2395 2 ปีที่แล้ว

      Inflation not caused by war which is by Biden's administration to cut off produce nation oil.

  • @johannesbergstrom7527
    @johannesbergstrom7527 2 ปีที่แล้ว +4

    Great to hear some truths these days. Great interview

  • @badbob6689
    @badbob6689 2 ปีที่แล้ว

    Simple, straight forward and spot on.

  • @johnng5016
    @johnng5016 2 ปีที่แล้ว +13

    I am puzzled as to why everyone expected a
    tepid rate plan when CPI is at 8.5% when feds funds rate is only 2.5%

    • @fungdark8270
      @fungdark8270 2 ปีที่แล้ว +2

      They are just getting started lol.
      Next week might start as a bloodbath

    • @YokNg
      @YokNg 2 ปีที่แล้ว +2

      zombies trying to chase prices and ended up getting slaughtered like pigs. hahaha

    • @kieranoconnor4334
      @kieranoconnor4334 2 ปีที่แล้ว +1

      I agree.....its more political than financial I'm afraid.

    • @WaveformV1.0
      @WaveformV1.0 2 ปีที่แล้ว

      True, I think they just got sucked into the narrative that the system puts out around the markets and monetary policy.

  • @AlwaysWright
    @AlwaysWright 2 ปีที่แล้ว

    Thanks Bubba!!
    I always like hearing from him..

  • @olivierauberger
    @olivierauberger 2 ปีที่แล้ว +11

    Who in their right mind can say that Bubba is wrong about 2013? We had to raise rates back then.

  • @mrwolf6602
    @mrwolf6602 2 ปีที่แล้ว +1

    Best interview. Love the raw honesty

  • @MrEnky007
    @MrEnky007 2 ปีที่แล้ว +17

    This market is beating around the bush, hopefully we rip the band-aid soon...

    • @joeblow7407
      @joeblow7407 2 ปีที่แล้ว +1

      Totally correct........MAJOR problem has been Powell was reappointed by Dems and really wants to hide until after November. He doesn't want to be perceived as hurting the Dems chances.........Totally gutless! Watch for a wimpy .50 basis point increase in September which will do NOTHING!!!!!

    • @GORILLA_PIMP
      @GORILLA_PIMP 2 ปีที่แล้ว +1

      Right
      Let's get on with armageddon so I can get that fresh start I be needin

  • @Biomass22
    @Biomass22 2 ปีที่แล้ว +2

    David looking like a Netflix Korean drama actor with that hair-did. Good interview. 👍🏾

  • @victorsperandeo3609
    @victorsperandeo3609 2 ปีที่แล้ว +57

    CBDC MEANS 100% TYRANNY .

    • @sdrc92126
      @sdrc92126 2 ปีที่แล้ว +2

      The real final solution

    • @brian6x
      @brian6x 2 ปีที่แล้ว +6

      No wonder Canada's gov't is acting quick on this...

    • @silencenhikes6692
      @silencenhikes6692 2 ปีที่แล้ว

      @@brian6x the ECB has been working on it for 2 years now, the US is working fast on one. Even countries like Ghana and Jamaica are developing their own CBDCs. Canada is just doing it to stay with the program.

    • @jordandesmet6593
      @jordandesmet6593 2 ปีที่แล้ว +2

      Freedom always wins.

    • @Mark_Jacobson81
      @Mark_Jacobson81 2 ปีที่แล้ว +1

      Yes, no privacy, no control and full centralisation. Complete and utter disaster for the poor and the middle class.

  • @magnetic-pulse
    @magnetic-pulse 2 ปีที่แล้ว

    Way to tell it like it is . Appreciate you Todd

  • @andrewburton4584
    @andrewburton4584 2 ปีที่แล้ว +8

    Excellent interview, Bubba is the man telling it exactly like it is! He takes the truth and punches people right in the face with it lol... Love it.

  • @theresamarie1379
    @theresamarie1379 2 ปีที่แล้ว

    Bubba is on the ball and my kind of forwarding thinking investment manager who definitely has his ear to the ground!

  • @Historyprepares
    @Historyprepares 2 ปีที่แล้ว +32

    I respect Todd and agree with 99% of everything he said, only thing i disagree on is the fact inflation will go away with fracking.....inflation is by the fed ALONE thats ALL

    • @earthelucidator
      @earthelucidator 2 ปีที่แล้ว +3

      Well said.

    • @schuy601
      @schuy601 2 ปีที่แล้ว

      The democrats are loving this economic collapse and communism here we come

    • @mandoperthstacker
      @mandoperthstacker 2 ปีที่แล้ว +1

      Yeah why is fracking a magic pill to global inflation by the FED?

    • @eduardomaldonado1647
      @eduardomaldonado1647 2 ปีที่แล้ว +1

      Inflation is money printing. The rates will rise but money printing will follow.

    • @Historyprepares
      @Historyprepares 2 ปีที่แล้ว

      @@eduardomaldonado1647 If we increase rates above cpi, inflation goes down. untill that happens inflation is here to stay. We need volker 2.0

  • @luckyedwards4870
    @luckyedwards4870 2 ปีที่แล้ว +5

    Unequivocally, Todd Horowitz speaks the truth!
    People better damn well listen.
    Thumbs up Kitco.

  • @martinjay9959
    @martinjay9959 2 ปีที่แล้ว +24

    Finally someone gets it right about the cause of inflation. Get oil prices back to 1,79 a gallon and food and energy will go down. Get the sanctions off Russia which does nothing but hurt everyone but Russia. Inflation will be 2% again like it was 2 years ago. Instead they will continue to restrict oil production, raise interest rates into weakness causing massive pain in the country.

    • @helenbrooks4787
      @helenbrooks4787 2 ปีที่แล้ว +4

      Thats not part of the New World Order plan." You will own nothing, and be happy", Charles Schwabb, World Economic Forum.

    • @helenbrooks4787
      @helenbrooks4787 2 ปีที่แล้ว

      Biden does not want to stop inflation.Climate change is a con to steal more of our tax dollars.Wake the hell up.

    • @James-il3tq
      @James-il3tq 2 ปีที่แล้ว +6

      Russia's doing fine with stronger Ruble since war started, large gold reserves, high oil prices generating massive revenues for their economy and government, increasing trade with Eastern countries. Only 40 countries are supporting these sanctions, the rest are not and/or continue to trade with Russia. Western countries are hurting the most with these sanctions especially Europe.

    • @agaragar21
      @agaragar21 2 ปีที่แล้ว

      @@James-il3tq ...wow! your wrong............Inflation is 30 % in Russia......Russia is literally destroying itself.....Putins looking AT a bullet in the head!
      .....WE DIDN'T INVADE ANOTHER SOVEREIGN COUNTRY.......WE DIDN'T ACT LIKE TOTAL FUCKING CUNTS...................DEATH TO RUSSIA IS ONLY FAIR
      BOTH PUTIN AND HIS BITCH TRUMP ARE COMPLETE INCOMPETENTS !!!!

    • @alfredepding974
      @alfredepding974 2 ปีที่แล้ว

      @@James-il3tq And those forty countries are in Europe with the exception of the U.S. of course, Canada, to a limited extent Japan to a very limited extent Singapore and South Korea, and Australia and New Zealand. That's it

  • @joannahuc1318
    @joannahuc1318 2 ปีที่แล้ว +16

    I like this guest. He tells it like it is.

  • @deeeeeeps
    @deeeeeeps 2 ปีที่แล้ว +17

    One point I'd like to make about gold is that with printing of 40% + of our currency and with a war with Russia and or China in the mix. Gold has done extremely poor. In my opinion I think big big money saw this downturn coming and wanted to make everyone hate gold. I do think $1550.00 would be a panic flush bottom...but I could see gold sneaking high through-out this downturn because it sees the USD in trouble.... When a chart (USD) goes into FOMO mode expect a big downturn. I'm playing YINN as a 3x Yuan/USD play I do think the dollar can get as high as $1.15 Even though the dollar is 1.15 it has lost 95% of its value in a 100 years.

    • @DoomCast
      @DoomCast 2 ปีที่แล้ว +2

      Gold has done extremely poor *so far
      There is a delay.

    • @sdrc92126
      @sdrc92126 2 ปีที่แล้ว

      It's possible that we are in a completely fraudulent system

    • @BTH_Ocala
      @BTH_Ocala 2 ปีที่แล้ว

      Gold is being held down by fractional contracts in the gold exchange. This allows all the central banks to stack gold for the great reset at a cheap price. Soon the exchange will FTD (failure to deliver). The paper gold contracts will be worthless and hard gold will soar. Anyone holding real gold will be rich. The banks will back their digital currency with gold and the new economy will start. Fiat $ will be the new toilet paper.

    • @helenbrooks4787
      @helenbrooks4787 2 ปีที่แล้ว +7

      Gold is experiencing suppression, just like silver.

    • @tktimber418
      @tktimber418 2 ปีที่แล้ว +1

      @@helenbrooks4787 Silver is still $6 or so over spot for the cheapest sovereigns. Eagles are $14. It’s not really going down.
      Everyone knows it’s going to get real really fast. We are in the internet age. It took hundreds of years for Rome to collapse. Decades for British empire. A few years for USSR. We’re going down in months..

  • @marcelinoperez2926
    @marcelinoperez2926 2 ปีที่แล้ว +1

    Good interviewer and good guest.
    Honest answers and also galgenhumor.
    Have to thank.

  • @brucehazen8982
    @brucehazen8982 2 ปีที่แล้ว +15

    If you think today's drop was a 'tank', you probably should be in a savings account. FFS

  • @ridzuanali1919
    @ridzuanali1919 2 ปีที่แล้ว

    Thank you, David and Bubba.

  • @mkowltra
    @mkowltra 2 ปีที่แล้ว +3

    Fantastic interview!

  • @kongphooey7230
    @kongphooey7230 2 ปีที่แล้ว +1

    We need more straight talking Bubba's 👏🏼👏🏼

  • @nguyentminh
    @nguyentminh 2 ปีที่แล้ว +6

    Markets gonna go lower than 50%, likely 60%-70% if the FED sticks to its 2% CPI target. Before markets normalize, they have to swing as well below average as they sprung up.

  • @nancychace8619
    @nancychace8619 2 ปีที่แล้ว +1

    Well that was fun. So much to look forward to -

  • @stevelambert2723
    @stevelambert2723 2 ปีที่แล้ว +4

    You can not fight inflation or hyperinflation with rate at 2.5 or 3,5% while the real inflation is 19%.

  • @markminister2599
    @markminister2599 2 ปีที่แล้ว

    Go Get ‘em Bubba! I love the passion..

  • @ths2680
    @ths2680 2 ปีที่แล้ว +21

    Wow Stop Printing Money 😡
    Yes Bring Back Oil This Guy Rocks 🎸🎸🎸 🗽🗽 🗽

  • @ptauagpt
    @ptauagpt 2 ปีที่แล้ว

    Todd is on the ball on this one !!!!!!

  • @wenlambotomy6231
    @wenlambotomy6231 2 ปีที่แล้ว +5

    Did david comb his hair with a lamb chop!?

  • @Jesusismykin
    @Jesusismykin 2 ปีที่แล้ว +2

    Trump, kept us ,out of war.

  • @postscript5549
    @postscript5549 2 ปีที่แล้ว +5

    Congress exempted itself from ever being audited??!! SHOCKING! I had no knowledge of this. I wish this had been discussed.

    • @stevemiller8895
      @stevemiller8895 2 ปีที่แล้ว +1

      Congress is controlled covertly by the Pope himself , and the Federal corporate government is under a maritime/ admiralty military jurisdiction.
      So they are not acting under the common law constitutional jurisdiction
      and so are all US CORP. 14th amendment CITIZENS! Which means you are subject to their federal military wartime jurisdiction under emergency. And it has been that way ever since Abraham Lincoln in 1861.
      That jurisdiction suspends the common law constitution and habeas corpus if you are subject to Being a US corp. 14th amendment Citizen! You are a slave! If not you could be deemed a state citizen under the common law thereby you retain your God given rights and freedoms but most if all your sovereignty. Every Man , woman and child born of flesh and blood is considered an individual sovereign nation under God!

    • @JustAnotherJarhead
      @JustAnotherJarhead 2 ปีที่แล้ว

      @@stevemiller8895 Steve... save it. we have all head this line before. nothing changes...I've been hearing this for 50 years.

    • @stevemiller8895
      @stevemiller8895 2 ปีที่แล้ว

      @@JustAnotherJarhead so Jarhead do you deny that you are a slave to the system?

  • @barry5152
    @barry5152 2 ปีที่แล้ว

    I like this guy. A straight shooter. No fancy words. No bull shit.

  • @golddragon2177
    @golddragon2177 2 ปีที่แล้ว +7

    Drill Baby Drill! Stop the communism and turn on capitalism.

  • @fazdoll
    @fazdoll 2 ปีที่แล้ว +2

    David, your hair is as epic as your interviewing skillz.

  • @danielalonzo9646
    @danielalonzo9646 2 ปีที่แล้ว +4

    this guy was dead on perfect and correct about everything that he said he should be running our country bubba for president

  • @ecobuilder508
    @ecobuilder508 2 ปีที่แล้ว

    Great interview everything Bubba said makes sense

  • @TheGilbalfas
    @TheGilbalfas 2 ปีที่แล้ว +11

    Dave cut your hair. Looked better last year. Love Kitco videos!!

  • @Steve-qi7hc
    @Steve-qi7hc 2 ปีที่แล้ว

    Todd is one of the best.

  • @theamazingmystico1243
    @theamazingmystico1243 2 ปีที่แล้ว +4

    Bubba tells it like it is! I agree 100%.

  • @ranthonybab8670
    @ranthonybab8670 2 ปีที่แล้ว +1

    Bubba for President.

  • @jwt1035
    @jwt1035 2 ปีที่แล้ว +5

    So congress can do insider trading, and now they can’t be audited. Great.

  • @gboules
    @gboules 2 ปีที่แล้ว +1

    I'm a Bubba fan!!!!

  • @elcajoia619
    @elcajoia619 2 ปีที่แล้ว +22

    Bubba is OG invester, guy is far from a motivational speaker, more of a suck it up Sgt. Hartman for all the buttercup out there.

  • @frankrosebrock4424
    @frankrosebrock4424 2 ปีที่แล้ว

    Refreshing interview. There is still hope as long as there are people who frankly speak out the truth.