Be careful. Artificial Intelligence, low birth rate, robotics, near-free energy, aging demographics, autonomous mobility, digital transactions, healthcare innovation, employment extinction/UBI, disintermediation……all deflationary. So IMO, the entire “gold, crypto, hyperinflation, financial reset” narrative is flawed. Ironically, in a deflationary environment, all risk assets lose value, and cash is king.
Heard that China is spending $1.4T to counter deflation within China. Part of what they are doing is squeezing commodities like silver, etc. as those commodities if higher priced will sustain inflation. If China fails, their deflationary spiral will cascade around the world. The $1.4T is just the beginning. If these types of squeezes fail, all these commodities will collapse. Remember that at the current spot price, all the gold that the US (supposedly) has is only $650B.
I am buying small units of gold monthly. Who else is buying?
Be careful.
Artificial Intelligence, low birth rate, robotics, near-free energy, aging demographics, autonomous mobility, digital transactions,
healthcare innovation, employment extinction/UBI, disintermediation……all deflationary.
So IMO, the entire “gold, crypto, hyperinflation, financial reset” narrative is flawed.
Ironically, in a deflationary environment, all risk assets lose value, and cash is king.
Silver, more upside
@@randywhelchel4674
Wish I had a Gold American Eagle for every time I have heard that Silver has more upside.
@@tz6516 Past performance is no guarantee of future results…
Thinking the opposite of what "everybody else" thinks has served me well.
Coheed and Cambria?
Gold @3000 by Jan 25
Nobody can predict gold like Gary Wagner. We need him here😅😅😅
He will be on today! Stay tuned.
@@JeremySzafron-el6po Thanks for bringing him.
What is a decent allocation to gold? How much?
15 % of total net worth. ONLY PHYSICAL GOLD.
Agree!
Heard that China is spending $1.4T to counter deflation within China. Part of what they are doing is squeezing commodities like silver, etc. as those commodities if higher priced will sustain inflation. If China fails, their deflationary spiral will cascade around the world. The $1.4T is just the beginning. If these types of squeezes fail, all these commodities will collapse. Remember that at the current spot price, all the gold that the US (supposedly) has is only $650B.
Paper gold is worth over 7 trilion USD.
We talked to the Parents🤣
Cryptonica has already achieved great results, but you don't talk about it. Why is that?
Platinum is what they arent seeing lol
Look out below!