And finally there is so much "paper money" in the market that it has very little chance to go somewhere despite bonds, stocks or equities...any other ideas? I heard that in some recently downgraded countries real-estate is cheap nowadays... ;-)
Still, what we have to consider is that without an informed and prepared public governments can kick down this can for a very long time. Everything that has happened in recent years was only possible cause in the end most people gave jack shit on what happens in the currency world. As long as for them "a dollar is a dollar" there is no problem for governments and central banks playing their game as the have been since 1971...
I would tend to agree......it's NOT YET. However, it is an inevitability. In 2008, we merely post-poned something that is a certainty to happen...eventually. The system itself logically leads to burnout & collapse. It is pushed along at faster rates by human nature and the corruption that such a nature brings to market activity.
08 was a close call, but I don't think the policymakers have access to the same tricks to avert the next looming catastrophe. I agree, collapse will not happen as quickly as one would think, but every response to put it off will result in more loss of liberty for the masses making preps for individuals harder the longer they wait.
Will gold ever become the FIAT currency of precious metals? I mean, silver, copper, and platnium have industrial value; however, gold really does not.
@pdelacruz1 bartertown ?
DavidAKZ 6 months ago
this guy is back again must be time to move from cash to stocks.
polarbeach 6 months ago
@polarbeach +1. September apparently
DavidAKZ 6 months ago
And finally there is so much "paper money" in the market that it has very little chance to go somewhere despite bonds, stocks or equities...any other ideas? I heard that in some recently downgraded countries real-estate is cheap nowadays... ;-)
SuperSupersnooper 6 months ago
Still, what we have to consider is that without an informed and prepared public governments can kick down this can for a very long time. Everything that has happened in recent years was only possible cause in the end most people gave jack shit on what happens in the currency world. As long as for them "a dollar is a dollar" there is no problem for governments and central banks playing their game as the have been since 1971...
SuperSupersnooper 6 months ago
I wish I can afford a small piece of gold accessory ASAP .. :)
analikeyou 6 months ago
@analikeyou
Wish the market movement is back to normal situation soon ,,
analikeyou 6 months ago
I would tend to agree......it's NOT YET. However, it is an inevitability. In 2008, we merely post-poned something that is a certainty to happen...eventually. The system itself logically leads to burnout & collapse. It is pushed along at faster rates by human nature and the corruption that such a nature brings to market activity.
veritasfiles 6 months ago
08 was a close call, but I don't think the policymakers have access to the same tricks to avert the next looming catastrophe. I agree, collapse will not happen as quickly as one would think, but every response to put it off will result in more loss of liberty for the masses making preps for individuals harder the longer they wait.
NAVYGOLDEIGHTFOUR 6 months ago
All of this economic agony only matters to people who's life is built around money and material.
lumberjak5010 6 months ago
Thanks for the analysis.. I find the rush out of stocks to risky bonds as being a move from smoke to fire.
wepollock 6 months ago
Informative.
taznruby 6 months ago
Thanks for the input!
whiskerchild 6 months ago
I still have my hoard of instant coffee from 2008. I wonder how long canned Nescafe lasts....
Ape65 6 months ago
Will gold ever become the FIAT currency of precious metals? I mean, silver, copper, and platnium have industrial value; however, gold really does not.
joel1923 6 months ago
I am with you on Gold. TOO GOOD TO BE TRUE !
GuildF40 6 months ago
@GuildF40 You probably said that at 1000 and will be doing the same at 2000. The fiat currency bubble is like no other.
campeona5 6 months ago
@campeona5 Been in since £500 so unblock your channel and grow up
GuildF40 6 months ago
@GuildF40 Good. Had you down for a 'cash for gold' muppet. Sorry.
campeona5 6 months ago
@campeona5 Anyone who has a blocked channel on here is a muppet mate. Sorry.
GuildF40 6 months ago
@GuildF40 What do you want with it? Send me your address and i'll send you my bank card and pin number! christ on a bike...
campeona5 6 months ago
@campeona5
Christ won't make it here mate.
Re Your channel I just don't think its right people comment on others and then hide away. That's all. Jog on.
GuildF40 6 months ago
@GuildF40 Not right to comment? what was so bad? You need to get out more!
campeona5 6 months ago
@campeona5
"I don't think it's right people comment and then hide away".
Difference between wright and wrong that's all :)
GuildF40 6 months ago
you should write your coffee of the week on your board.
hopaloop 6 months ago 5
Dr B, are you saying the economic model is dead ? How is it going to be replaced ? and by what ?
jadnsofia 6 months ago
@jadnsofia
The current economic model is been replaced by a Weimar republic style one (800.000 people dying from starvation) and then by a socialist model.
jberni1 6 months ago
seems at the moment they consider gold as safe... up 56.90 just today... don't think people trust the alternatives... at least not yet...
skybirdbird 6 months ago
@skybirdbird
I have my concerns on Gold as a short term investment, but yes to benefit from Gold is great
jberni1 6 months ago
Thank you.
GhettoGoatRockRanch 6 months ago
Agriculture = Food = Clothes
Energy = Wind, Water
The only things which will do good the coming 10 yrs.
JDoubleOP 6 months ago 7
wouldnt it be smart now to take a 5 year dollar loan and buy something that makes stable revenue like farmland? and lets the dollar crash :)
teufelshengst 6 months ago
It's amazing how you time these. Usually when I see you have uploaded something, I'm actually drinking coffee at the time.
acuriousbeast 6 months ago
Nice to have you back Dr. :)
JDoubleOP 6 months ago
schön wieder was von Ihnen zu hören! Danke.
eufibu123 6 months ago
enjoying my cup of coffee with jberni1
headfakez 6 months ago