Modi you should follow wise human like me .I am saying that India should exchange 400 tons of gold for 800 tons of platinum it will make India super power.... This exchange is one time chance for India never come again.....
Modi you should follow wise human like me .I am saying that India should exchange 400 tons of gold for 800 tons of platinum it will make India super power.... This exchange is one time chance for India never come again.....
Nice to see Doug has an open mind to bitcoin so many gold people dismiss it I think through mostly ignorance and spite! I've been a gold guy for over 10 years but started buying BTC some years ago and now it's my largest position not because of the amount of capital I've put in but by its price rise in the 6 years I've owned it.
That has been used for over 5 thousand years. What makes you think the banksters will let us keep trading in bitcoin when global digital currency goes live? Bitcoiners were just the ticket they needed to test the system. Bitcoin is a means to an end, I get it, but be aware that all bitcoin really is, is digits on a screen unless you use it to buy tangible assets. No one I know that has bitcoin has bought anything with it. @@cesuntbanii
@@bahmak2003Is Bitcoin no longer used by child traffickers and drug dealers? I haven't heard about that in quite a while. Are they ignoring it, or has it been cleaned up?
You need a completely desperate electorate to vote traitors out of power. This has happened in Argentina, tried in Zimbabwe and should happen in Venezuela. The caveat is that in Chile was economically destroyed, they voted the Socialist gov out of power. When the conservatives fixed the economy they voted the Socialists back in, with the outcomes expected!
Enjoyed this video very much. The in-depth detail of gold and Bitcoin was very informative. I was disappointed there was no mention of silver and how that compares in that conversation. I'm a 59 year old female trying to establish where to put my modest wealth and trying to educate myself. Silver is a commodity with the shared benefit to gold of being able to hold it in one's hand, obviously being more affordable wondering what his thoughts would have been on that.
Bitcoin is and will continue to outcompete the S&P, Gold, Real estate with rent, etc. Bitcoin is the endgame. Fit for the digital world. Gold will no longer help you. Bitcoin will be the only asset that protects your purchasing power. Don't believe me? Bitcoin's lowest price per year. 2013: Around $13.36 2014: Around $318.44 2015: Around $220.18 2016: Around $368.80 2017: Around $952.18 2018: Around $3,194.88 2019: Around $3,743.78 2020: Around $5,412.88 2021: Around $29,041.46 2022: Around $15,000.00 2023: Around $25,000.00 Today: 60-70K
@@XLeo1976 the supply is fixed when everything will be sold it Will stay at the same price, because its digital. Its priced in dollars, then it Will always decrease in value. Because the dollars decrease in value.
@@arctan64 actually, crazy things like bitcoin's popularity can happen on pure hype, imo...younger generations now have no experience/knowledge of gold and silver, so they just latch onto the latest tech and ride it out.
@@arctan64 if you had all of the Bitcoin in the world do you think you’d be rich? I know I would if I had all of the gold, silver, oil, or any other commodity that has actual value.
The difference between winners and losers is that winners buy value and losers are afraid to take a chance. Losers don't understand/invest in the greatest asset in history. At fifteen years old, we are just at the beginning. The greatest bull market in bitcoin will take place over the next ten years. Everybody will buy bitcoin at the price they deserve. 100 hours of study is a prerequisite.
It's not a great opportunity. The prices reflect the fact that the economy is in shambles. I would suggest waiting a couple.of years to see if the new president makes a difference
@@devanishant Bitcoin has nothing to do with gold, the most precious metal on earth. If you believe the dollar and all fiat currencies are going to zero then everything is priceless. You will not be able to buy anything on this earth with dollars. So, just think, what can you offer me in commodities, good and services in exchange for what I produce. If you give me Bitcoin I cannot do anything with it so nobody will accept it. Its intrinsic value is zero. I cannot do anything with your Bitcoin. It’s nothing but a Ponzi scheme and con job trying to confuse the new generation into thinking this is the new gold. Digital gold is not gold the same way a digital house is not shelter. Also, Bitcoin will never be a currency because Central banks and governments will not allow it. If you think people can take the power of the currency from authorities just look at what happened during COVID. How many people defied the their governments?
I remember hearing the same stuff in the 1980's and the same thing in 90's and the 2000's and now in the 2020's. It's always coming to the end. The dollars always going to crash. And people will die and so on and so on. But every single time somehow people make it through all it. Even if those things don't come to pass.
Great show! I watched gold and BTC trade for while in what appeared to be in intervals. Gold would be up for a while then BTC would take over. That lasted until the US gov began selling Silk Road coins. Money is flowing into uranium from all over the world. Except Germany
I wouldn't buy from "Money Metals" ever again. You should've seen the 1/5th and 1/2 oz walking Liberties they sent me. I had to buy some silver cleaning paste to get the black dots off of my coins. Buy at your own risk 🙂↕️
This guys a real optimist😂 One thing is for sure though This world and every other world is on a timer....for good or bad One day it will all cease to exist.
Bitcoin has counterparty risk . Power grid, internet, etcetera Why would you recommend this to people to protect them when you have no idea about its long-term safety or success . Bitcoin is based on man-made scarcity. Anything that is man-made can, and will be corrupted. Highly speculative Fiat currency with unknown risk . Sound safe to me
Even if power and Internet shutdown the minute it is restored it will function again and transactions will resume like normal. Even if there is a solar flare knocking out half the world's infrastructure it will still be running even if life on earth becomes a hellhole bitcoins network will be running on the satellites in space
The dollar is great for holding up to $20k in wealth for a period of up to 5 years. It essentially has a net negative supply if you calculate by taking base money minus the fed balance sheet. And it's derivatives, which we use as money, are next thing to being backed by real estate. Of course since the fed can print more up at will, there is a serious downside, but I think we need to keep in mind the upside as well.
Canada has huge preserves in all natural resources yet the government is being negligent an opening up these reserves and issue permits quickly allowing mining unless deals have already been made and the Canadian debt is being paid back in assets
i wish bitcoiners had the wisdom to go into the local coin shop and buy silver. itz hard money and itz been rigged in price so you can buy it 1/90th price of gold. seems obvious to me to buy silver. what am i missing?
Metals yes - Bitcoin no ! Securities firms will not allow Bitcoin to be traded in your account. Why? Because there are no bids to let longs cover when the thing heads south! FERGITABOUT IT !
Wrong, silver merely matches inflation over the last 100 years. Gold has gone up 3 to 4 fold versus inflation. Silver is a junk metal that is mined as a side product of many other ores. Look thes facts up for yourself and you'll buy more gold than silver. Gold is making all time highs lately. Silver is hardly moving.
Timing is always the unknown. As long as the world relies on dollars, the US can print trillions. Things are turning around though. The fall of the dollar will probably occur over the next decades to come. Gold and crypto help speed that process up.
Your channel has always said money MUST be backed by something. At this session, the message is changing to invest in bitcoin. Can you help me to understand what is backing bitcoin?? To me it just another digital entry that you can't see, touch or even any transparency or know who is managing it. Pls help to understand??
Most of the public is completely ignorant on how to buy, store or sell BTC. If hedgefunds are involved the govt is involved and there will be a big rugpull at somepoint
China seems to be the biggest holder of gold Canada to get a permit for mining it's 10 to 15 years and something tells many of us that the resources in Canada already have been sold out to China and others
That's because our criminal government just prints up a few billion dollars, and kicks the can down the road. When the BRICS nations take over the reserve currency status, there will be no way to kick that can, and that will be the death of the dollar.
Gold has decimated. the dollar. It's gone up 70 fold versus the dollar since the 70's. Keep those dollars if you hate gold. Bitcoin is doomed if the markets decline.
The question I have is “gold and politics”, where politics dominates economics (gold) disaster is bound to follow. The anti gold agenda (USA) wont let gold become a major player, they will ban it out of existence.
Doug needs to do his homework. BTC “owned” via ETFs, options, futures, etc., in fact has counterparty risk. It is another party’s liability. Surprising he is ignorant of these facts.
"When the value of something is measured against a currency with an infinite amount, it means that the currency is theoretically capable of expanding endlessly. In practical terms, this suggests that the currency may be subject to inflation or debasement, where its value diminishes over time due to an increase in its supply. Therefore, the value of "something" measured against such a currency would likely fluctuate significantly and may not provide a stable or reliable benchmark for comparison." .
Gold is a liability to gold Rich regions of the world that end up being invaded to take over their resources. States always want their hands on the money printer. Whether it's fiat or gold. Gold only restricts how quickly it can be mined. Uncle Sam definitely wants to control the mines.
"Your enemy is the State."
Beautiful.
100%.
It's always been that way, the State is everyone's enemy. In the case of self persevere, look out. U vs- State
Modi you should follow wise human like me .I am saying that India should exchange 400 tons of gold for 800 tons of platinum it will make India super power....
This exchange is one time chance for India never come again.....
I love “Doug Casey Quotes” …… “You can be stupid for a while, but you can’t be stupid forever”…. Awesome!
I think Doug is wrong on this one. 😮😮😅
People can't be stupid forever only because they don't live forever. Some/many certainly can and do remain stupid until they die.
Modi you should follow wise human like me .I am saying that India should exchange 400 tons of gold for 800 tons of platinum it will make India super power....
This exchange is one time chance for India never come again.....
Doug is fantastic! I ❤listening to him. He’s knowledgeable, trustworthy reliable, truthful, & refreshing economist. 👍🏽⭐️⭐️⭐️⭐️⭐️
Nice to see Doug has an open mind to bitcoin so many gold people dismiss it I think through mostly ignorance and spite! I've been a gold guy for over 10 years but started buying BTC some years ago and now it's my largest position not because of the amount of capital I've put in but by its price rise in the 6 years I've owned it.
speak louder: we're in the same team with gold bugs. gold is just primitive compared to bitcoin... imo
Ditto!
That has been used for over 5 thousand years. What makes you think the banksters will let us keep trading in bitcoin when global digital currency goes live? Bitcoiners were just the ticket they needed to test the system. Bitcoin is a means to an end, I get it, but be aware that all bitcoin really is, is digits on a screen unless you use it to buy tangible assets. No one I know that has bitcoin has bought anything with it. @@cesuntbanii
It’s always good to hear from a guy like Doug, who has decades of experience in the commodity space. 👍🏼👍🏼
Terrific Interview.....Mr. Doug Casey is the Best !!....Happy Easter , Everyone....
Happy Easter 🐣
Doug, always so grounded and knowledgeable. I watch all his interviews.
Doug Casey... The Very BEST Always Good to see him again 👍👍👍👍👍
Silver 🥈 as well 🤓
What a great interview. Great questions asked and Doug was articulate and very frank. Very well done!
Thanks "Karl" and Doug!! Great stuff
You bet! 😂
- yes, a wonderful conversation! One of the best I've ever heard on TH-cam, or elsewhere for that matter.
Thanks 🙏
,,,,,,,,,,,,,,,GOLD !!! and some Silver !!.........
Nope , Bitcoin the best monetary asset!😂😂😂😂
I can’t afford a roof over my head.
@@bahmak2003Is Bitcoin no longer used by child traffickers and drug dealers? I haven't heard about that in quite a while. Are they ignoring it, or has it been cleaned up?
You need a completely desperate electorate to vote traitors out of power. This has happened in Argentina, tried in Zimbabwe and should happen in Venezuela. The caveat is that in Chile was economically destroyed, they voted the Socialist gov out of power. When the conservatives fixed the economy they voted the Socialists back in, with the outcomes expected!
Thanks for getting this great man on. Very successful, intelligent, wise, and humble.
Awesome guy, knows his stuff...The likes of these gentlemen...there are not enough of them in the world...
Investing in gold seems like a good move, especially with the current market uncertainty.
Absolutely priceless.Thank you sooo much:)
Glad you enjoyed it!
Great interview. Love Doug Casey. Thank you, Kai!
Thanks for listening 🙏
Doug Casey is “One of them”.
Looking fwd to Gammons road trip to see Doug coming soon. #rebelcapitalist
First time watcher. Seeing Doug Casey in the title, I took the bait. Glad that I did.
Nice job!
Enjoyed this video very much. The in-depth detail of gold and Bitcoin was very informative. I was disappointed there was no mention of silver and how that compares in that conversation. I'm a 59 year old female trying to establish where to put my modest wealth and trying to educate myself. Silver is a commodity with the shared benefit to gold of being able to hold it in one's hand, obviously being more affordable wondering what his thoughts would have been on that.
NONSENSE THE WORLD DOESNT HAVE TO TRADE IN DOLLARS !!! THE WORLD WILL JUST BYPASS THE DOLLAR AND KEEP ON MOVING !!! ITS NOT THE 1930s !!!!!!
Bitcoin will not protect you, but trade btc to buy gold
Bitcoin is and will continue to outcompete the S&P, Gold, Real estate with rent, etc.
Bitcoin is the endgame. Fit for the digital world. Gold will no longer help you.
Bitcoin will be the only asset that protects your purchasing power.
Don't believe me?
Bitcoin's lowest price per year.
2013: Around $13.36
2014: Around $318.44
2015: Around $220.18
2016: Around $368.80
2017: Around $952.18
2018: Around $3,194.88
2019: Around $3,743.78
2020: Around $5,412.88
2021: Around $29,041.46
2022: Around $15,000.00
2023: Around $25,000.00
Today: 60-70K
This comment shows you don't understand Bitcoin. Supply and Demand.
More gold can always be mined.
Bitcoin has a fixed supply.
@@XLeo1976 the supply is fixed when everything will be sold it Will stay at the same price, because its digital. Its priced in dollars, then it Will always decrease in value. Because the dollars decrease in value.
@@yassma977the government(and companies) have already shown you that accounts can be wiped out/cut off/seized whenever you counter their narrative
Bitcoin is backed by nothing @@XLeo1976
Great stuff, thanks again!
Glad you enjoyed it! Thanks for watching :)
@@SoarFinancially Great content, wonderful guests. Can you get Simon Mikhailovich some time soon :-) greetings from the Netherlands
Really great interview, I think if there was no bitcoin we would already be seeing $5000 gold.
But once bitcoin goes to zero gold will probably go to 10,000 quickly
@@benjaminmoore528if you think bitcoin is going to 0 then you don’t know how money works.
Excellent!
They even got to Doug Casey with the Bitcoin hype. I’m sure he has a relatively small allocation, but that’s still crazy.
Very crazy
Bitcoin isn't just hype, certainly you have to understand that by now? Things don't do what Bitcoin has done the past 15 years on pure hype.
@@arctan64 actually, crazy things like bitcoin's popularity can happen on pure hype, imo...younger generations now have no experience/knowledge of gold and silver, so they just latch onto the latest tech and ride it out.
@@arctan64 if you had all of the Bitcoin in the world do you think you’d be rich? I know I would if I had all of the gold, silver, oil, or any other commodity that has actual value.
The difference between winners and losers is that winners buy value and losers are afraid to take a chance. Losers don't understand/invest in the greatest asset in history. At fifteen years old, we are just at the beginning. The greatest bull market in bitcoin will take place over the next ten years. Everybody will buy bitcoin at the price they deserve. 100 hours of study is a prerequisite.
Doug holds information and knowledge that can create fortunes.
I totally agree the us debt keep going
Doug is in the top 10 minds in investing and intellectual foresight in the world.
Wow great property prices in Argentina... Is it safe to live their for retirement? Looks like a great opportunity
It's not a great opportunity. The prices reflect the fact that the economy is in shambles. I would suggest waiting a couple.of years to see if the new president makes a difference
Thanks buddy
Thanks!
No problem! Thanks for your generosity
Gold yes BitCON NO!
Bitcoin is better than gold.
Bitcoin has all the qualities of gold and some that gold does not have, specifically, portability and the ability to cross borders.
@@devanishant Bitcoin has nothing to do with gold, the most precious metal on earth. If you believe the dollar and all fiat currencies are going to zero then everything is priceless. You will not be able to buy anything on this earth with dollars. So, just think, what can you offer me in commodities, good and services in exchange for what I produce. If you give me Bitcoin I cannot do anything with it so nobody will accept it. Its intrinsic value is zero. I cannot do anything with your Bitcoin. It’s nothing but a Ponzi scheme and con job trying to confuse the new generation into thinking this is the new gold. Digital gold is not gold the same way a digital house is not shelter.
Also, Bitcoin will never be a currency because Central banks and governments will not allow it. If you think people can take the power of the currency from authorities just look at what happened during COVID. How many people defied the their governments?
No ty@@devanishant
Bitcoin is a massive pyramid scheme and liquidity trap. Nothing more. @@devanishant
Just love listening to Doug , he’s such a knowledgeable sound man.
It's more than a depression, it's the great taking.
Superb interview.
I remember hearing the same stuff in the 1980's and the same thing in 90's and the 2000's and now in the 2020's. It's always coming to the end. The dollars always going to crash. And people will die and so on and so on. But every single time somehow people make it through all it. Even if those things don't come to pass.
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Mrs Kathy lien
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
😱Sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journal!
Hear, hear, Doug ❤
Great show! I watched gold and BTC trade for while in what appeared to be in intervals. Gold would be up for a while then BTC would take over. That lasted until the US gov began selling Silk Road coins. Money is flowing into uranium from all over the world. Except Germany
Excellent
We're here.Its happening.Layoffs are in the millions per week.
I'm fascinated by this conclusion. Hard money led us to the depression, so let's go back to hard money?
I wouldn't buy from "Money Metals" ever again. You should've seen the 1/5th and 1/2 oz walking Liberties they sent me. I had to buy some silver cleaning paste to get the black dots off of my coins. Buy at your own risk 🙂↕️
Bitcoin is sound money for sovereign individuals
Bit Con is for fools.
This guys a real optimist😂
One thing is for sure though
This world and every other world is on a timer....for good or bad
One day it will all cease to exist.
Doug has been calling for a crash for 20 years. Seems inevitable he will eventually be "right"
He is like a broken calendar..lol
New subscriber.
Listener for a year.
How should silver perform during a recession?
Probably drop off. Military use might jump due to multiple front warring. So you have to account for that.
The saver pays for the debtor and that has to stop.
Bitcoin has counterparty risk . Power grid, internet, etcetera Why would you recommend this to people to protect them when you have no idea about its long-term safety or success . Bitcoin is based on man-made scarcity. Anything that is man-made can, and will be corrupted. Highly speculative Fiat currency with unknown risk . Sound safe to me
Even if power and Internet shutdown the minute it is restored it will function again and transactions will resume like normal. Even if there is a solar flare knocking out half the world's infrastructure it will still be running even if life on earth becomes a hellhole bitcoins network will be running on the satellites in space
Gold and Bitcoin are the way to go….
The dollar is great for holding up to $20k in wealth for a period of up to 5 years.
It essentially has a net negative supply if you calculate by taking base money minus the fed balance sheet.
And it's derivatives, which we use as money, are next thing to being backed by real estate.
Of course since the fed can print more up at will, there is a serious downside, but I think we need to keep in mind the upside as well.
Canada has huge preserves in all natural resources yet the government is being negligent an opening up these reserves and issue permits quickly allowing mining unless deals have already been made and the Canadian debt is being paid back in assets
"Well, look..."
That's when you know something good is coming from Doug.😂
excellent
I'm going to stock up on BITCOINS!!!!
Bitcoin is fool's gold.
i wish bitcoiners had the wisdom to go into the local coin shop and buy silver. itz hard money and itz been rigged in price so you can buy it 1/90th price of gold. seems obvious to me to buy silver. what am i missing?
Good show
Thanks! 🙏
Yes Doug.....as long as computer networks exist......
Timestamps 👏🏻
You are welcome 🙏
@@SoarFinancially Bitte.
You fucked USA great interview with too many commercials. I listen while working in the garden and must put down my shovel gloves to skip ads. Clue
Exactly me too!, list3n as I shovel snow today…crazy weather
Metals yes - Bitcoin no ! Securities firms will not allow Bitcoin to be traded in your account. Why? Because there are no bids to let longs cover when the thing heads south! FERGITABOUT IT !
The solution to CBDC is to immediately dump that digital trash for hard assets.
Yes Rooster perfect please make these videos.
What does Doug think about huge BTC mining stock dilutions all the time?
Silver is the better buy at this point compared to gold
Nope both are and living in a rural place growing food…
Wrong, silver merely matches inflation over the last 100 years. Gold has gone up 3 to 4 fold versus inflation. Silver is a junk metal that is mined as a side product of many other ores. Look thes facts up for yourself and you'll buy more gold than silver. Gold is making all time highs lately. Silver is hardly moving.
Great advice
I love Doug Casey 🎉
Let’s listen
Wish he would have spoken on silver
Timing is always the unknown. As long as the world relies on dollars, the US can print trillions. Things are turning around though. The fall of the dollar will probably occur over the next decades to come. Gold and crypto help speed that process up.
Your channel has always said money MUST be backed by something. At this session, the message is changing to invest in bitcoin. Can you help me to understand what is backing bitcoin?? To me it just another digital entry that you can't see, touch or even any transparency or know who is managing it. Pls help to understand??
He probably received a check in the mail to push crypto. Thats how bad this ponzi scheme is.
Doug Casey and his global financial understanding has a horrific freshness in the worlds sea of misinformation.
Most of the public is completely ignorant on how to buy, store or sell BTC. If hedgefunds are involved the govt is involved and there will be a big rugpull at somepoint
Wow! Gold going up now while DXY going up. Wow, wow, wow. Gold starting to show strength. People waking up.
Argentina, Yes...
Welcome back to Sore Financially.
Bitcoin only.. for the win.... 😊
China seems to be the biggest holder of gold Canada to get a permit for mining it's 10 to 15 years and something tells many of us that the resources in Canada already have been sold out to China and others
Been warning this since the 70s. All these guys predict the depression around the corner.
That's because our criminal government just prints up a few billion dollars, and kicks the can down the road. When the BRICS nations take over the reserve currency status, there will be no way to kick that can, and that will be the death of the dollar.
Gold has decimated. the dollar. It's gone up 70 fold versus the dollar since the 70's. Keep those dollars if you hate gold. Bitcoin is doomed if the markets decline.
The question I have is “gold and politics”, where politics dominates economics (gold) disaster is bound to follow. The anti gold agenda (USA) wont let gold become a major player, they will ban it out of existence.
Content good but too many commercials
Gold no bitcoin
All the countries are dumping the US dollar which is why Bitcoin and gold prices are going up. CBDC's are coming guys.
Money is stored energy.
Doug needs to do his homework. BTC “owned” via ETFs, options, futures, etc., in fact has counterparty risk. It is another party’s liability. Surprising he is ignorant of these facts.
If you own spot BTC there is no counter-party risk, or if you custody your own BTC there is no counter party risk.
@@davebrewer7170 bullshit ... when they turn off the sell and buy button you are DONE, and this happens, they call them "glitches" now
@@davebrewer7170they can shut down the exits for Bitcoin, and then you’re stuck with something worthless.
being encrypted was one of its main initial selling points, and it is not. @@davebrewer7170
@@davebrewer7170there is still lots of counter party risk even if you hold it in your own wallet
it ii. will be the currency of the world
#Gold & #Silver to the 🌕 baby we out 🚀 the more the national debt goes up the more #PreciousMetals i buy 😍
"When the value of something is measured against a currency with an infinite amount, it means that the currency is theoretically capable of expanding endlessly. In practical terms, this suggests that the currency may be subject to inflation or debasement, where its value diminishes over time due to an increase in its supply. Therefore, the value of "something" measured against such a currency would likely fluctuate significantly and may not provide a stable or reliable benchmark for comparison."
.
Hi, one question I have is “the politics of gold” & where Hotness
Sorry that last sms went wrong.
Will there be another fracking boom soon?
i will help you out here. yes this debt bubble is bigger than 1929; this bubble has been expnding for 5k years and it about to go bust/boom
I thumbed UP a few minutes ago at 28 and at this moment we,re at … 46
Thanks - have you subscribed yet?
111 now
The utility of Bitcoin is contingent upon a functioning internet. There’s your government-controlled choke point.
Gold is a liability to gold Rich regions of the world that end up being invaded to take over their resources. States always want their hands on the money printer. Whether it's fiat or gold. Gold only restricts how quickly it can be mined. Uncle Sam definitely wants to control the mines.