We are on Substack! Be sure to check it out for exclusive summaries, video updates, and more! John Rubino article👉soarfinancially.substack.com/p/how-to-get-rich-as-the-world-crumbles
Kai, please continue to "rant". Listening from Ireland, it's so refreshing to hear views and possibilities for Europe instead of the US-centric stuff all the time. Your thoughts on Germany, France etc are so insightful! More, please!
Kai, i can fully understand your rant about Germany. Living here as well and share in your frustration. Thanks for your interview with John Rubino. Great guest and always a pleasure to listen to.
Hey Kai, best podcast I’ve seen you imo. Love John, and his easy friendly way with awesome Macro knowledge and you too! Thank you! Good luck to you in Germany and all of Western Europe. Lets keep Ukraine of NATO and box on. Greetings from NZ🙏
Germany's leaders are taking their order from same source as us an unknown Wizard of Oz no-one wishes to expose ,oddly it may look very Weimar republic when we're done.
I spent time in Germany. It's a beautiful country and the people are wonderful. It's heart breaking seeing them go through economic hardship brought on by such manipulations; done by those pulling strings at high levels. This is happening in other countries around the world as well.
Isn’t it funny that your views as to low quality Politicians can be easily overlaid on most Countries today !! It certainly applies to us here in Australia. Everyone is looking for a Statesman with backbone for a Leader. Seems all Politicians are simply Vanilla at present Worldwide. The World is a Nanny State of below par Leaders trying to pander to all the wrong minority influence Groups. It’s a contagious phenomenon Worldwide of Weak Leaders with no clear vision. Every Country needs a tight fisted fiscal leader that stops spending what they don’t have !!
Please, STOP calling Social Security an entitlement. It is a debt that is owed by our government because we funded it for the sole purpose of having it be paid back when we retire. We were forced to fund it and it is our money, not the governments. We are owed it which is why we are "entitled" to it. Yes, if they stop paying what we are owed, we will revolt with everything we have.
Trading gold is very risky the worse things get. Save in gold. Save in advance. The sellers of gold probably don't have a big enough inventory, enough bandwidth, or enough employees to answer the phone, or have lines around the block, just when you want to order. Lead times for delivery could become lengthy. Gold is a great commodity to trade on a long-term scale. You'll sleep better. First timers need to go ahead and establish relationships with sellers/buyers, but don't count on being able to get them on the phone. If the banks go on "holiday" who knows how transactions can be handled at all?
You must be joking. The gap between buy and sell if actually buying gold is 14-15%. If you buy actual gold you will need to hold for 10+ years to make any money
37:44………. the only hope for Germany is it’s young people. Employing the same old, old people will only continue this serious downturn. A “night of the long knives “ might be needed as these idiots will not change and will not relinquish power. It’s a tragedy all round.
Htub is lost. Obama spent 5 billion to overthrow the Ukraine government and then paid 1.8 billion to start the Ukraine war in 2014!! The Eastern territory leaders asked Russia to help defend against the invading Ukraine military in 2022 so Russia is stopping the Globalist war.
Htub is clueless. Obama paid 5 billion to overthrow the Ukraine government and then paid 1.8 billion to start the Ukraine war. The Eastern territory leaders asked Russia to help defend against the invading Ukraine military..
An ounce of gold is ALWAYS an ounce of gold. The same can not be said for gold mining stocks. Too many unknowns with gold mining stocks, too many tricks.
Agreed! Mining companies are run by greedy CEO's who take high salaries while their stock values tank. Owning Newmont for 10 years now has been pretty lame. Should've bought the Nasdaq instead.
With Gold price at near all-time highs, active producers should be making record level profits and buying back their shares and increasing dividend payments. Why has this not happened yet?
@@Asmodai2011Agreed! Can you imagine if Gold was still at $1800. Where would these miners be? Where ever the financial condition of the mining company the CEO’s don’t take pay cuts like the share holders.
@@mikenelson7894 There has never been such a disconnect between the price of Gold and the value of the company's that mine it. This space represents glaring opportunities to honest business people who deliver value to shareholders rather than the current regimes who understate profits to steal value and save on taxes.
Gold bear case, weak hands and I am forced to sell, emotional voting moment, temporary crash. Holding period for gold should be 10 to 50 years, generational wealth, not speculation on a swing. Long term is a weighing machine. Gold bought the same Dow in 1929, 18 ounces of gold, and 18 ounces in 2024. Stocks and gold are the same inflation and deflation. Get strong hands. Hold bullion. A car is not a car stock. Stocks are speculation. Gold is money.
That's true. But, when you're told that the dollar, the money, is over and done, the metals seemed to be the answer, but no, the stock market was the answer...at.least for the time being. The USA, by the way, is run by the Cabal/NATO along with many other countries except Russia. Trump admin will be much better for the world. Stop blaming the USA for everything. Our Constitution doesn't say all that, and we have been taken over as a corporation. As I see it, we're scrambling hard to turn this thing around.
Why are we at war? Sometimes I think it's because we have too many men in charge. Or too many young men who grew up playing video-game war. Or sports. Journalism has decayed to the point it only reports politics as sport, with teams and trash talk. Democracy is certainly a problem--based on the idea that the majority get to make losers. And, of course women who don't do their homework before voting aren't helping. All those libertarians who don't vote at all. I have no problem with adults choosing for themselves which authorities to follow, or with parents having authority over their children, but I don't want government to treat me like a child, to be "protected," for my own good, injected, inspected, and enslaved. We need to reach out to freedom-seekers and defenders everywhere, and stop funding (Congress!) war-making. War is not a game.
8:00 Rubino explains how the psychopathic Neocons view the wars they create as "good things" and Hoffman replies with "nobody wants war". Rubino corrects him with: "That's not completely true. A lot of people seem to want war..... Their plans actually call for wars....." Well done for correcting an untruthful cliche; usually they go unchallenged. Rubino then says: "It's true to say that regular people don't want war." While generally true, regular people often do want a particular war, for whatever reasons.
Epic broadcast, Kai!!! As we speak, Germany and France are in serious trouble! The Netherlands seems to be following soon ! The southern EU states have already been bankrupt for a long time. John is right, we are heading towards the reset at full speed. Remember: “Be greedy when others are fearful, and fearful when others are greedy.” Choose your strategies carefully! And you will make money during the collapse of the monetary system!
The only gold backing is what you have. Less than 1% have it now in the US. It's going to be a mess as the US and the world slip into the next great depression. Barely anyone gardens and is self sufficient as many were in the 20s and 30s. My parents did live during the depression and had frugal habits during their whole life.
Kai, if you are reading these comments, I thought your off topic discussion of the energy crisis in Germany was fascinating. As an American, oftentimes we sometimes dont hear much about other countries. I would love to hear more about Germany on a future show.
Just another ‘sky is falling’ where the potential scenarios range from gold between $1200-2600 before running up to 10,000. So essentially, pick a number and this guy can say he’s right and sell himself on the talk circuit. This type of fear spreading has been around forever so my advice is to turn these people off and just enjoy life and live it. Hey, if a depression hits, it won’t last long so if you stay put and don’t panic, you won’t lose as it will bounce back as the number one ‘given’ is that the rich don’t loose their $ for long and the number 2 ‘given’ is that people like this guy are always there to tell you the sky is falling. Just be smart, love life, enjoy life… go with the flow of the universe, and know that really, $ is the root of most problems while the true benefit of a fulfilling and satisfied life lies in the intangibles of life
Gold stocks are all risk derivatives of Gold Bullion. The various forms of mining stocks have their own risk profiles and will rise or fall based on underlying risk. Gold Bullion in hand has no counter party risk and is simply “Real Money”. If the paper spot price decreases heavily the real price will become spot plus a large premium. No wholesaler or retailer of gold and silver will sell at unreasonably prices when the store of bullion on hand is potentially much more valuable in the short run.
Buying Gold is like buying vacant land. It just sits there and barely keeps up with inflation. You buy gold not to get rich but to retain the value of the wealth you already have.
in a serious financial crisis investors would loose confidence in the financial stability of the government and the mid and longterm interest rates will go up and bond holders loose, not win by 50%
If it is more expensive to mine gold then the price of gold should be rising to reflect that cost??? Bitcoin appears to be applying this same price dicovery as there are only 21 million coins to be mined and they halve every so many years????
I believe in thisturning uour p, gold and silver hasn't kept up with inflation, and you have to continue turning in your Precious Metals for fiat that pays the bills.
In the Big Short, the guys who got rich had to have special connections to buy hundreds of millions direct from the big investment banks. Regular investors didn't have that kind of access
100%! I think he is right that the immediate war could be stopped with a phone call, however the devil will be in the details and a long-term end to the hostilities is a whole different ball game. You couldn't be more right on that. Extremely difficult and I don't know that the "West" appreciates how complex this negotiation will be. The "East" will be looking for far more than just a Ukraine resolution. They want a whole new security architecture. Let's hope some big thinkers come to the table for productive peace.
You can’t forgive debt and ignore everyone’s poor decisions. The only real option is to inflate it away, but we also need to DRASTICALLY reduce the deficits too.
John’s comments are enormously provocative, but Trump as the next FDR…seriously. Trump is a grifter. People seem to have no memory of the years 2016-2020 and the 7 trillion plus added to the debt.
Bonds might make money for a few minutes if stocks and growth tank - Fed/Treasury will have to create a flood of liquidity and buy all the bonds; inflation will skyrocket.
I don't understand how owning long term bonds in a recession could be a good investment long term when the government massively debases the currency to get out of said recession.
@@shiva.shiver Not if your money supply is already too expanded. Faith in the currency is based on the sentiments of the wealthy whose manufacturing capacity military production depends on and on the willingness of other to sell their exports in an inflated currency.. Patriotism isn't free.
Amazon takes up to week to deliver in India. Their companies there do it in 15min. Amazon is trying that in a test city in India. N.A. is way behind in that & car manufacturers
We do not have the power to destroy what God created! Remember Christ, the Cross & the Resurrection? Your arrogance is all a person needs to know of you john.
I was with you until you praised FDR. FDR is one of the major contributors to the currency system we have now and, thanks to social security, gave us a large population of government dependent people. I don't want another FDR!
Looks like the avalanche has already begun, while we're at the base of the mountain trying to determine if we should move a little to the left or to the right to avoid the burial. It's all pure insanity!
Our only way out is to have Trump meet with world leaders and governments, most of which (if not all) have gold reserves,, and agree to reprice Gold and use those gold reserves to pay down, country by country, the world's debt. This will clean the slate and then, once the debts are paid, go back to sound money. Problem solved. If you have a better idea, I'd love to hear it.
Aren't miners shit investments because when gold goes up they just mine their low quality ore so profits never rise? Miners can dilute their shares, mine lower quality ore, just to stay in business?
We are on Substack! Be sure to check it out for exclusive summaries, video updates, and more!
John Rubino article👉soarfinancially.substack.com/p/how-to-get-rich-as-the-world-crumbles
All of us are ashamed of our leaders.
Kai, please continue to "rant". Listening from Ireland, it's so refreshing to hear views and possibilities for Europe instead of the US-centric stuff all the time. Your thoughts on Germany, France etc are so insightful! More, please!
Seriously, His so called rant was the most interesting moment of the interview, taking nothing away from John ❤
Thanks for the encouragement :)
Good show today. The honesty to talk about sensitive topics was indeed refreshing keep it up
Thank you, Sir
The western debt is as John said, we are in a doom loop, like water circling down the drain hole. The financial day of reckoning is now.
Hard assets 🎉
John is brilliant. Love his choice of words and how well he vocalizes his thoughts. The world needs guys like this.
Kai, i can fully understand your rant about Germany. Living here as well and share in your frustration.
Thanks for your interview with John Rubino. Great guest and always a pleasure to listen to.
Hey Kai, best podcast I’ve seen you imo. Love John, and his easy friendly way with awesome Macro knowledge and you too! Thank you!
Good luck to you in Germany and all of Western Europe.
Lets keep Ukraine of NATO and box on.
Greetings from NZ🙏
I do like the updates about Europe...we never get any information about the EU status here
38:48……Kai, be careful as you will have the police around to shut you “down and up”. As a foreigner it’s as clear as a sunny day in Saxony what the problem is and what needs to be done. Germany’s “leaders” are bent on destroying this beautiful country in as many ways as they can imagine: again, it’s a tragedy!
And Chat got is worried about comments like these. It just confirms the essence of what I just wrote.
German Übersetzungen……….
Kai, sei vorsichtig, denn die Polizei wird dich „hoch- und runterfahren". Als Ausländer ist es so klar wie ein sonniger Tag in Sachsen, was das Problem ist und was getan werden muss. Deutschlands „Führer" sind darauf aus, dieses schöne Land auf so viele Arten wie möglich zu zerstören: Es ist wieder einmal eine Tragödie!
©( This content may violate our terms of use or usage policies.
Did we get it wrong? Please tell us by giving this response a thumbs down.) Chat gpt…!
Germany's leaders are taking their order from same source as us an unknown Wizard of Oz no-one wishes to expose ,oddly it may look very Weimar republic when we're done.
I spent time in Germany. It's a beautiful country and the people are wonderful. It's heart breaking seeing them go through economic hardship brought on by such manipulations; done by those pulling strings at high levels. This is happening in other countries around the world as well.
Isn’t it funny that your views as to low quality Politicians can be easily overlaid on most Countries today !! It certainly applies to us here in Australia. Everyone is looking for a Statesman with backbone for a Leader. Seems all Politicians are simply Vanilla at present Worldwide. The World is a Nanny State of below par Leaders trying to pander to all the wrong minority influence Groups. It’s a contagious phenomenon Worldwide of Weak Leaders with no clear vision. Every Country needs a tight fisted fiscal leader that stops spending what they don’t have !!
Some of us think the poor quality of politician could be by design, seems strange how DEI is being championed..
Well said, it's the same in the UK. That's happening is frightening l, it seems that they are intent on distroying our culture and all we stand for.
Excellent report thumbs up 👍👍👍👍👍👍👍👍👍😎
The common enemy of the world is WEF
... among other similarly minded organizations and individuals ...
Don't blame it on others. The problem is domestic America !!
I think you mean WWF lol😂 which is what our politics and social reality has become
Agreed! The same exact problems, across the entire Western world, at the exact same time? It's hard to believe it's all just coincidence...
@@peterbussau9775 ITS PLANNED
Please, STOP calling Social Security an entitlement. It is a debt that is owed by our government because we funded it for the sole purpose of having it be paid back when we retire. We were forced to fund it and it is our money, not the governments. We are owed it which is why we are "entitled" to it. Yes, if they stop paying what we are owed, we will revolt with everything we have.
Makes sense, an informative insight to speculate on, I think I will!
Would love to have John back for a Euro-geopolitical discussion.
Trading gold is very risky the worse things get. Save in gold. Save in advance. The sellers of gold probably don't have a big enough inventory, enough bandwidth, or enough employees to answer the phone, or have lines around the block, just when you want to order. Lead times for delivery could become lengthy. Gold is a great commodity to trade on a long-term scale. You'll sleep better. First timers need to go ahead and establish relationships with sellers/buyers, but don't count on being able to get them on the phone. If the banks go on "holiday" who knows how transactions can be handled at all?
You must be joking. The gap between buy and sell if actually buying gold is 14-15%. If you buy actual gold you will need to hold for 10+ years to make any money
I tried to educate, but some have ego and pride… but I will be there to help my friends n family.
37:44………. the only hope for Germany is it’s young people. Employing the same old, old people will only continue this serious downturn. A “night of the long knives “ might be needed as these idiots will not change and will not relinquish power. It’s a tragedy all round.
Great guest! I enjoyed the rant Kai-do it again 😁
Thanks!
How did ancient Rome solve its debt problems? They invaded and stole the conquering nations treasury.
Just what Russia is doing to Ukraine
@@HTub-bo2yl Umm, maybe not. Maybe it's just the opposite?
Htub is lost. Obama spent 5 billion to overthrow the Ukraine government and then paid 1.8 billion to start the Ukraine war in 2014!! The Eastern territory leaders asked Russia to help defend against the invading Ukraine military in 2022 so Russia is stopping the Globalist war.
Htub is clueless. Obama paid 5 billion to overthrow the Ukraine government and then paid 1.8 billion to start the Ukraine war. The Eastern territory leaders asked Russia to help defend against the invading Ukraine military..
We already did that.
50k subscribers soon! Good work
Sure enjoyed listening to John… calls it as it is
An ounce of gold is ALWAYS an ounce of gold. The same can not be said for gold mining stocks. Too many unknowns with gold mining stocks, too many tricks.
Agreed! Mining companies are run by greedy CEO's who take high salaries while their stock values tank. Owning Newmont for 10 years now has been pretty lame. Should've bought the Nasdaq instead.
With Gold price at near all-time highs, active producers should be making record level profits and buying back their shares and increasing dividend payments. Why has this not happened yet?
@@Asmodai2011Agreed! Can you imagine if Gold was still at $1800. Where would these miners be? Where ever the financial condition of the mining company the CEO’s don’t take pay cuts like the share holders.
Yes. But I'm buying both.
@@mikenelson7894 There has never been such a disconnect between the price of Gold and the value of the company's that mine it. This space represents glaring opportunities to honest business people who deliver value to shareholders rather than the current regimes who understate profits to steal value and save on taxes.
So, if gold were repriced to $10,000 per ounce, it would provide backing for approximately 8.32% of the US dollar, not 40% as he suggested.
47:25 Yes, very valuable. This was both of you at your best.
Gold bear case, weak hands and I am forced to sell, emotional voting moment, temporary crash. Holding period for gold should be 10 to 50 years, generational wealth, not speculation on a swing. Long term is a weighing machine. Gold bought the same Dow in 1929, 18 ounces of gold, and 18 ounces in 2024. Stocks and gold are the same inflation and deflation. Get strong hands. Hold bullion. A car is not a car stock. Stocks are speculation. Gold is money.
That's true. But, when you're told that the dollar, the money, is over and done, the metals seemed to be the answer, but no, the stock market was the answer...at.least for the time being.
The USA, by the way, is run by the Cabal/NATO along with many other countries except Russia. Trump admin will be much better for the world. Stop blaming the USA for everything. Our Constitution doesn't say all that, and we have been taken over as a corporation. As I see it, we're scrambling hard to turn this thing around.
Why are we at war? Sometimes I think it's because we have too many men in charge. Or too many young men who grew up playing video-game war. Or sports. Journalism has decayed to the point it only reports politics as sport, with teams and trash talk. Democracy is certainly a problem--based on the idea that the majority get to make losers. And, of course women who don't do their homework before voting aren't helping. All those libertarians who don't vote at all. I have no problem with adults choosing for themselves which authorities to follow, or with parents having authority over their children, but I don't want government to treat me like a child, to be "protected," for my own good, injected, inspected, and enslaved. We need to reach out to freedom-seekers and defenders everywhere, and stop funding (Congress!) war-making. War is not a game.
Simple, a lot of people make money off of war. Do you really want Hillary Clinton in charge? She’s the biggest of war mongers.
8:00 Rubino explains how the psychopathic Neocons view the wars they create as "good things" and Hoffman replies with "nobody wants war". Rubino corrects him with: "That's not completely true. A lot of people seem to want war..... Their plans actually call for wars....." Well done for correcting an untruthful cliche; usually they go unchallenged. Rubino then says: "It's true to say that regular people don't want war." While generally true, regular people often do want a particular war, for whatever reasons.
Love to listen to more European perspective from your neighbor the Netherlands.
Epic broadcast, Kai!!! As we speak, Germany and France are in serious trouble! The Netherlands seems to be following soon ! The southern EU states have already been bankrupt for a long time.
John is right, we are heading towards the reset at full speed. Remember:
“Be greedy when others are fearful, and fearful when others are greedy.”
Choose your strategies carefully! And you will make money during the collapse of the monetary system!
There will be NO goldbacked system in America
Just being your own central Banker.
The fact that congress refused to audit all the gold pretty much confirms that, because it’s not there anymore.
The only gold backing is what you have. Less than 1% have it now in the US. It's going to be a mess as the US and the world slip into the next great depression. Barely anyone gardens and is self sufficient as many were in the 20s and 30s. My parents did live during the depression and had frugal habits during their whole life.
But possibly a gold-backed bond is possible.
@@reddune6185😲🤯😳
Kai, if you are reading these comments, I thought your off topic discussion of the energy crisis in Germany was fascinating.
As an American, oftentimes we sometimes dont hear much about other countries. I would love to hear more about Germany on a future show.
Just another ‘sky is falling’ where the potential scenarios range from gold between $1200-2600 before running up to 10,000. So essentially, pick a number and this guy can say he’s right and sell himself on the talk circuit. This type of fear spreading has been around forever so my advice is to turn these people off and just enjoy life and live it. Hey, if a depression hits, it won’t last long so if you stay put and don’t panic, you won’t lose as it will bounce back as the number one ‘given’ is that the rich don’t loose their $ for long and the number 2 ‘given’ is that people like this guy are always there to tell you the sky is falling. Just be smart, love life, enjoy life… go with the flow of the universe, and know that really, $ is the root of most problems while the true benefit of a fulfilling and satisfied life lies in the intangibles of life
Wars are from government not people
Debt of government efficiency, it's a oxymoron. ❤❤❤❤❤❤❤😂😂😂😂
Two awsome guys!
Will the United State do negative interest rates? In your opinions.
Sure! It only really hurts lower classes so nobody cares. ☹️
Of course they will
Gold stocks are all risk derivatives of Gold Bullion. The various forms of mining stocks have their own risk profiles and will rise or fall based on underlying risk. Gold Bullion in hand has no counter party risk and is simply “Real Money”. If the paper spot price decreases heavily the real price will become spot plus a large premium. No wholesaler or retailer of gold and silver will sell at unreasonably prices when the store of bullion on hand is potentially much more valuable in the short run.
great rant!!!!
Buying Gold is like buying vacant land. It just sits there and barely keeps up with inflation. You buy gold not to get rich but to retain the value of the wealth you already have.
Buying the right miners will make you multiples on your investment. Same with cryptos and other equities.
Exactly. It’s not an investment, it’s a storage of wealth.
@@liquidelectrum It's potentially both. Which makes it an excellent investment for different time horizons.
@@Asmodai2011 Any mining favorites ? AEM Newmont GOLD ?
Insurance
in a serious financial crisis investors would loose confidence in the financial stability of the government and the mid and longterm interest rates will go up and bond holders loose, not win by 50%
Here's a treat for your viewers, high grade gold junior PAU
SANU GOLD. I've already make 150% this last week and a half.
The off topic discussions is interesting for most Americans
If it is more expensive to mine gold then the price of gold should be rising to reflect that cost??? Bitcoin appears to be applying this same price dicovery as there are only 21 million coins to be mined and they halve every so many years????
Dukenflouzen?(sp)?
A dark calm? Perhaps the calm before the storm?
A well functionning society is about mutual TRUST. Who can trust some financials and warmongers ?
I will never sell my gold.
Might not have a choice.exchanged for some sweet and juicy crypto.
Excellent rants! Europe is extremely fragile in a doom loop. I feel that Europe will be the Black Swan.
Gold stocks, but at what point do you buy them bc the market is way top heavy and there's going to be a crash of epic proportions...
I believe in thisturning uour p, gold and silver hasn't kept up with inflation, and you have to continue turning in your Precious Metals for fiat that pays the bills.
Great conversation form both of you ❤
Danke 🙏
Last shift in financial system, 1972, was not all that traumatic. 95% of people didn't even notice it.
In the Big Short, the guys who got rich had to have special connections to buy hundreds of millions direct from the big investment banks. Regular investors didn't have that kind of access
Yes! More insight into European politics & markets would be much appreciated. I trust nothing from the MSM.
Why are SS and Medicare called entitlements? We seniors paid into both and still pay Medicare premiums .
❤❤❤ listening to John! 👍🏾
Inflation does not assure gold prices
Buffet sold BoA, not stocks in general
Lets hope Aipac alows the change
ONE thing he is very wrong on...... A simple phone call will not stop the Russia Ukraine conflict
100%! I think he is right that the immediate war could be stopped with a phone call, however the devil will be in the details and a long-term end to the hostilities is a whole different ball game. You couldn't be more right on that. Extremely difficult and I don't know that the "West" appreciates how complex this negotiation will be. The "East" will be looking for far more than just a Ukraine resolution. They want a whole new security architecture. Let's hope some big thinkers come to the table for productive peace.
All debt needs to be forgiven, and all fiat needs to be backed 100% by gold and silver. Plus, short selling needs to be outlawed.
You can’t forgive debt and ignore everyone’s poor decisions.
The only real option is to inflate it away, but we also need to DRASTICALLY reduce the deficits too.
Debt Jubilee's once was a thing but the mega rich have managed to put this off for over 2000 years!
You sound like a person with large personal debts
10k/Oz is low-balling it big time. ... do you think they'll do it in stages or something...?
John’s comments are enormously provocative, but Trump as the next FDR…seriously. Trump is a grifter. People seem to have no memory of the years 2016-2020 and the 7 trillion plus added to the debt.
Brian you absolutely 1000% correct Sir, people are brain wash and this guys are being used to confused people.
Three trillion the first three years then Covid, but make it sound however suits you.
So how did Biden 😂
Agreed, he was no different than any other president in terms of deficit spending. If the Plandemic didn’t occur, he could have done much better.
Grifter?? Hardly
Define "far right"!
Dudes, stick to talking about gold, I find your take on world politics bordering on conspiracy/fantasy/deep rabbit hole.
Do not forget $SILVER
Crypto is the wildcard for Gold and Silver.
“These aren’t complicated things.” If only…
Once UK left EU, one of their main financial contributors departed leaving a hole in their finances.
Bonds might make money for a few minutes if stocks and growth tank - Fed/Treasury will have to create a flood of liquidity and buy all the bonds; inflation will skyrocket.
They can make the $2 Trillion worth less. No need to cut the budget, just don't adjust for inflation.
How can he smile when he says print more money. Printing money DOES MAKE MONEY WORTH LESS.
I don't understand how owning long term bonds in a recession could be a good investment long term when the government massively debases the currency to get out of said recession.
Are you sure they did not selling gold to have money for grocery
The only difference between JP and a battery is…..A BATTERY HAS A POSITIVE SIDE.
Damaging undersea csble is very easy to do while fishing, do your research before screaming " ACT OF TERROR "
I don't believe in coincidences
How would the US afford a war, print more money?
War is the ultimate excuse to print money.
Gold is for war....no one takes fiat@@shiva.shiver
They’re going to throw printed money at the Chinese to try and scare them.
By using everyone elses reserves they have frozen and confiscated maybe.
@@shiva.shiver Not if your money supply is already too expanded. Faith in the currency is based on the sentiments of the wealthy whose manufacturing capacity military production depends on and on the willingness of other to sell their exports in an inflated currency.. Patriotism isn't free.
I short the euro by taking loans in euros and convert them in PMs
You forgot Gaddafi.
Amazon takes up to week to deliver in India. Their companies there do it in 15min. Amazon is trying that in a test city in India. N.A. is way behind in that & car manufacturers
Next time invite me coz i concur with him! 😂
We do not have the power to destroy what God created! Remember Christ, the Cross & the Resurrection? Your arrogance is all a person needs to know of you john.
Inflation is a tax of everyone
I was with you until you praised FDR. FDR is one of the major contributors to the currency system we have now and, thanks to social security, gave us a large population of government dependent people. I don't want another FDR!
Germany falling apart but the Dax going straight up?
Looks like the avalanche has already begun, while we're at the base of the mountain trying to determine if we should move a little to the left or to the right to avoid the burial. It's all pure insanity!
Our only way out is to have Trump meet with world leaders and governments, most of which (if not all) have gold reserves,, and agree to reprice Gold and use those gold reserves to pay down, country by country, the world's debt. This will clean the slate and then, once the debts are paid, go back to sound money. Problem solved. If you have a better idea, I'd love to hear it.
DARPA has lots of secret weapons, for sure!
They're for using against the American people, not a foreign country.
Restore us to a democracy??? We are a Republic.
The word “democracy” is not found in any of the founding documents of the USA. Only republic.
Aren't miners shit investments because when gold goes up they just mine their low quality ore so profits never rise? Miners can dilute their shares, mine lower quality ore, just to stay in business?
Is this a Canadian advert for Euthanasia? This is awful.
FDR was a ?
Adds …..why
Kai, please let your guest SPEAK. You talk too much!
War is good for gold. Why would war keep John up?
Fdr was horrible leader
Being rich has nothing to do with money