can somebody explains me what exactly is the dow jones and how they calculate it and why does it go up and down and is beacause the dow jones that the economy is able to crash...
Gold production is running out, not the actual supply. Silver and other metals are running out faster.
in 1979-80 dow/gold was at one but gold silver was at 16. Silver is running out faster than gold, yet is priced much less than gold and even less relative to historical comparison.
The problem is just as the money is inflated gold and silver futures are inflated as well. Just like a banking system where everyone would demand cash, if future buyers demanded delivery there wouldn't be enough.
It would be more realistic to compare the DOW to silver rather than gold, because gold currently has volatility behind it. Therefore, the price is inflated. I believe there will be a gold bubble eventually. I also think the dollar will become a useless currency at the rate the Obama administration is going. I believe this trend can and will be reversed. It's good to keep a percentage of precious metals in one's portfolio. Once that is done there's no need to panic.
Isn't it peoples wages that will collapse? All the $ that are printed must be used somewhere, and the stock exchange seems like a good option. At least the companies will not have to pay their workers so much, which will increase the companies profit and value.
What are we gonna do? The government is bold face lying to the citizens while some poor grandma out there is thinking one in thing, the truth is she is being fed lies. Lets all move to india who is coming with me?
When the Dow crashed 1931-1932 (89% from its peak) the dollar was backed by gold. The Dow could flatline or go up and the gold price increase at a faster rate.I reckon gold will go higher for the rest of the year compared with the Dow. Then in the early part of next year there will be a brief dollar rally to put us back to where we are now before the next stage of the gold bull run/dollar tumble. This pattern will repeat itself until either the dollar bottoms or it freefalls Zimbabwe style
As a fellow Aussie how do you think this will play out in Australia. More unemployment? more inflation? esp utilities, food etc. Do you think our dollar will equal or surpass the U.S. dollar? Or will they devalue it? Banks and businesses closing etc etc. What are your thoughts?
At DOW 6500, Dollar was about 86, Now DOW 10,200, thats like 35%+ increase and dollar decreased by 15%(+-) so in nominal terms, their has been some growth , just less, Right? Dollar needs to get under 70 to indicate 0 growth IMO
Nonetheless, I know we are in for a hell of a ride
We will see how "progressive" Americans are when inflation hits Depression-era figures. Our politicians and CEOs have no fear of being substantially, personally punished if they fail in their duties toward the taxpayer or worker. If I fail, I get fired. Revolution is just around the corner.
I live in Costa rica, came to US to visit this week, they are giving things away, went to a mall to get some stuff to bring back home, great deals, where is the inflation, nobody has money!!!!!!!
I own PM's, but wonder if deflation or inflation will hit
so funny John but I was just comparing the fall of the Roman Empire with that of what seems to be taking place in America...so sad and ever so possible...
This comment has received too many negative votesshow
In todays news, Gates and Buffet, addressed students at Columbia, and they both said we've reached the Bottom in the Markets, Capitalism is working just fine, everyone should be jumping into the markets, and that the Worst is BEHIND us.
Now, before you comment...just think about this...wouldn't the two richest men in the world have the absolute BEST and Most Accurate Information that money can buy?
I'm starting to wonder if maybe it IS over, and the naysayers are just flat out wrong?
Buffet (i dont know about gates) is an inflationist.
His rail purchase proves that and his comments "I think equities will outperform cash over the next 10 years" is probably true.. infact, we've seen EXACTLY that - the stock market has way outperformed the dollar... so yea - this thing could keep going higher - but thats not a good thing if the dollar is dropping faster - like it is...
This comment has received too many negative votesshow
people like you make me so mad just trying to cause havoc, yes things are bad but we avoided a great depression, yes things can always get worse but guess what a bull market within a bear market is still a bull market you either had the balls to step up and make money or be scared into a corner and missed the bulls, stop scaring people have some balls and admit you have been wrong
How can you say we avoided a great depression if we are still in a recession and it's getting worse, not better, especially with everything that Obama is doing and spending money like it grows on trees. Instead of allowing the banks to fail and have people save their money, he's encouraging Americans to spend. You could say we avoided doing the right thing and save the economy.
I understand exactly what you're saying but what about all the quarterly reports saying that inventories are down and future sales are looking better? Many companies are stating a positive outlook for growth in the next several quarters.
Yes, cost cutting would increase profits but I don't see how inflation will increase profits. The consumer will pay more for goods but so will the manufacturer. The reports are saying "growth" and I understand that it isn't the growth of the early 2000's but it's still growth which means increasing production and eventually will lead to hiring. The consumer sector I'm afraid will not be good but their does seem to be growth in manufacturing due most likely to exports.
Because input prices are "sticky" due to long-term contracts. So, if you produce and sell at a higher price but your input prices are not moving as much, you end up with greater profits in the short run.
Incidentally, the guy in the video is an idiot. He is using gold as the only measure to justify that the DJIA has crashed. The exchange rate basket reflects only a 10% decline in the value of the dollar. Gold is in a bubble right now. I bet this guy thought houses were a good investment in 2005.
I agree on the $. I calculated it to roughly 11% in the past 6 months. Not that that is something to be happy about. If I remember correctly a dollar in 2003 was only worth about a nickel. So now it's worth probably 4 cents.
Barrick shuts hedge book as world gold supply runs out. Global gold production is in terminal decline despite record prices and Herculean efforts by mining companies to discover fresh sources of ore in remote spots, according to the world's top producer Barrick Gold.
Thanks Daniel. Thanks John. Have been a subscriber to this channel for over a year. Now I have another great channel t subcribe to. Cheers guys. This is exactly what I have been telling people.
Thanks for confirming what I see -- the U.S. economy is overvalued in almost every way by fifty percent. I don't know why others refuse to see this. They can just try to buy one euro, and see that they need at least a buck fifty to do that. Hello?
Thanks John. Great info! Why didn't Daniel ever explain this before?! Just kidding, but I did learn a few good concepts from this video. I'll definitely be subscribing to you. Thanks again.
You're an idiot. I am an educated college student female and trust me Vision Victory and stellaconcepts speak the truth. I am ahead in this economic downturn in comparison to everyone else in America.
The fact that you're college educated has absolutely nothing to do with the knowing what the truth is. All the idiots we rightly criticize went to college. Going to college today is a dime a dozen phenemenom. There are a lot of dumb kids who stupidly went to school not knowing the interest rates of the loans they took out. Further more, most college grads were, first of all, not intellectually astute enough to realize that the financial "aid" they received was actually financial rape. Good day.
You've received one thumbs-down already, but it wasn't from me. Your English seems good! Many college grads cannot even do what you just did. All around the world, people are still totally fooled by the education game, which is only well-played when it's played correctly! Good for you, good comment.
Like Gerald Celente said you shouldn't send your kid to study Sociology, History of Art, etc. but if they are going into the harder sciences/medicine it's different. So not all diplomas are worthless. If we didn't have people going to college, we wouldn't have the many benefits that science has brought.
@castmay Nobody said that all diplomas are all worthless. People don't like it when their words are twisted around. /// This world needs good, solid historians, sociologists, psychologists, artists and philosophers. These fields are not wastes of time. Gerald simply said "Show me the greatness these universities are producing and they can show me nothing.". He did mention the softer sciences, but not as the best choice. Probably because they're more ambiguous and, therefore, harder to excel in.
Yeah, you got that right. I have an MBA and have taught at the university level here in Paris. Wow, am I sorry I didn't learn horseshoeing back at Kent State!
I am graduating and who said that I paid anything. I will be going to medical school next year so I don't regret anything. I want to be like Ron Paul and he had to go to college before medical school so what's your point?
Have you ever heard one of Gerald Celente's mantras? "It's not even Ecnomics 101. It's Economics For Dummies!". What's going on has more to do with common sense knowledge than anything else. In other words, you don't need to be "college educated", or female for that matter, to understand whats going on in this country. People just need to think about things and ask more questions than they answer. PS My comment wasn't intended to be degrading. Comments on YouTube can seem quite cold sometimes...
I know who he is but I still have to go to college before medical school. I can't go straight to medical school from high school. Anyways Peter Schiff went to my college (UC Berkeley) so I don't think it was a waste of time. Some colleges do teach you to critically think but it's up to the person to apply it.
Lol no im not in bad financial shape. The exact opposite actually but I did take out a student loan for $18000 now nearing 20k. Damn govt and their exorbitant interest rates.
Good to hear that you're not doing too bad. I was thinking about taking out student loans myself because I very much would like to go to school, but I really, really, really don't want to fall into the debt trap. People say it's like a black hole and that it's almost as if it were designed to be a bottomless pit. We know the latter to be true./// Peter Schiff and Gerald Celente say that college tuition has to drastically drop in the coming years. It's another bubble that's just waiting to burst.
another bogus post bellow by the AUSHOLE in the video talking about apples. He is a THIEF bogus silver, gold dealer. Click on the both xxFIRSTMERITxx pages. Well it is good to see he finally has manipulated the views and the rating number....AMERICANS BEWARE THIS GUY IS A SCAM ARTIST HIS REAL NAME IS HODGIE.
this guy has been commenting on his own video all night here even created a screen name same as mine and posted silly comments here just click on them and click on mine...
SCAM ARTIST......WITH A BAD HAIRCUT....SILLY IRANIAN
no drugs here a marine. this guy posted a ad to sell bullion and a link in the info box removed it when caught and is a dealer look at his channel he is promoting his own business has multiple screen names and post back and forth to himself. Look 302 views and 680 ratings. DON'T BE STUPID AMERICANS most Aussies would skin him and through the skin away. He's a crook!
Great presentation. It should also be said that the DOW is crashing in terms of (relative to) the price of gold.
Some chartists say that after breaking 72 , the dollar will head to 40 and others say 60 on the USDI. I believe it could find temporary support at 60, but trust the judgement of those the most who say 40.
For your viewers, should the dollar go to 40 on the index, the price of imported goods will likely increase almost 100%. Too bad we import most everything.
Damn this FIRSTMERIT clown is irritating. Whats wrong with trying to profit from the knowledge these guys have so panstakingly collected?? Theyre giving us free advice and offering their services as compensation to themselves. Nothing in life is free my boy, get your head out of your ass and see it. I too would be trying to profit from my work. Do you flip burgers at mcdonalds for free??
this guy is a bullion dealer.....had an ad at the beginning of vid, and a link to his/him bullion dealer in the comment box removed it after i called him on it. australians are famous for this....good buddy bullion dealers. click on the stupid comments he posted under my screen name your see is sweating face there..I question and you should too question vision victories INTEGRITY...this guy is a looser/scam artist.
these guys hacked my account and posting bullshit..........there bullshit...........you know not who you screw with......go count apples and clean your teeth with them to........what a joke
im sure visionvictory is happy with your excessive BS commentary, the more comments, the more this vid gets promoted. so keep it up... everyone see you for what you are... while at the same time getting this important information out there.
trolls like you ought to be gratified, not blocked.
I rather own high end stocks than gold or silver still kraft foods which operates all over the world as well as cadbury or GE these stock will be a hedge against inflation also stocks like slumberger and oil companies are really poised to pop as oil increases.
I agree that stocks in certain industries will do well but the problem really lies in the compensation that you will receive when it is time to cash out on your investments. The dollar is a terribly flawed currency and I want to own an asset that can be converted into any currency or used as currency in case of collapse.
Hey asshole FIRSMERIT, noone is twisting your arm to stick around in this discussion. John is giving his opinion and if you dont like it then kindly leave. We dont need your Mike Norman-esque ass around here offering half-witted retorts to the guys who have given us great words of wisdom!! And AMERICAN???!!! Get the fuck outta here you ignorant asshole!!!
I have a quick joke for those following the Amero discussion......If Europe uses the Euro, and the Americas the Amero then what will the African Union use?? The Afro??
right on tha money Stella dude, this week I seen the largest crowds as of yet at tha local food pantries & at the same time, the smallest food portions given and donated yet to date.
I don't think you should base everything on the gold and the dollar. You can look at steel in July 2008 it was $1099/ton hot rolled, in July 2009 is was $506. If you look at orange juice, aluminum, wood, ... you will see prices have dropped in dollars. Gold is rising because people are scared. Dollar is dropping because people are scared and fundamentally the dollar is in trouble.
But gold is a great indicator of economic uncertainty. When it rises it denotes a flight by investors from assets of no real value ie stocks, bonds, currency, to those of real physical value. Steel and the others mentioned are of real value. The temporary "drop", which will be short lived, was a foreshadowing of events to come. I guarantee it. We as a species have consumed way too many materials causing a huge shortage of everything. Gold included. Check PEAK OIL.
Any tangibles that people need and use will be better than stocks,bonds or paper money.I think skyrocketing energy prices will be the final nail in the coffin.The time to network with like minded locals is now.
There is no currency crisis!!! the currency is being devalued to pay our creditors with cheap money and then will be replaced. Brilliant!!!! Oh its going to hurt!! Thats for sure, but behind the mess stands a rainbow. Canada, U.S. and Mexico combined will form a powerhouse of a currency. We will easily be able to compete globally again. The U.S. may never reach the levels previously enjoyed but we will be back. Hopefully, but not realistically, smarter.
If SDR's are the future of America, and im getting the sense more and more that it is, then things will obviously be different. Thats why I said possibly. The Amero is whats best for us as North Americans but not as good for us as World Citizens.
And I dont believe that there were actually plans for one or the other. There was a master plan behind it all and one will be the campaign of misinformation, possibly the Amero. Youve given me much to think about Forrest, I mean jcwitness. Either way, owning gold will get us through.
AMERICA ANNOUNCES 1 TRILLION DOLLAR BUDGET CUT TODAY.
DONT BET AGAINST AMERICA. MASSIVE LAUGH
MrMick73 11 months ago
What a useless fool you are john . roflmao put your apple up your stupid butt.
12ashscsc 1 year ago
it didn't crash, did it
Seano71 1 year ago
can somebody explains me what exactly is the dow jones and how they calculate it and why does it go up and down and is beacause the dow jones that the economy is able to crash...
danimaxe 1 year ago
cute guy
incluso 1 year ago
Gold production is running out, not the actual supply. Silver and other metals are running out faster.
in 1979-80 dow/gold was at one but gold silver was at 16. Silver is running out faster than gold, yet is priced much less than gold and even less relative to historical comparison.
The problem is just as the money is inflated gold and silver futures are inflated as well. Just like a banking system where everyone would demand cash, if future buyers demanded delivery there wouldn't be enough.
secretbonus 1 year ago
Get ready for the dead cat bounce!
Pirate1014 1 year ago
research the zeitgeist movement.
inabear3 1 year ago
It would be more realistic to compare the DOW to silver rather than gold, because gold currently has volatility behind it. Therefore, the price is inflated. I believe there will be a gold bubble eventually. I also think the dollar will become a useless currency at the rate the Obama administration is going. I believe this trend can and will be reversed. It's good to keep a percentage of precious metals in one's portfolio. Once that is done there's no need to panic.
cknight63 2 years ago
This has been flagged as spam show
If you need to make some money right now here's a guaranteed way to do it...
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BrittPhillips 2 years ago
dollar well below the 75 mark now.
GovWillKillU 2 years ago
But the other stock exchange, not valued in dollars, are also increasing. Why?
BrightHumanist 2 years ago
same reason. government around the world are printing money.
stellaconcepts 2 years ago
their currencies are inflating too. It's a rush towards inflation. compare other stock exchanges valued in gold, silver, etc.
secretbonus 1 year ago
Isn't it peoples wages that will collapse? All the $ that are printed must be used somewhere, and the stock exchange seems like a good option. At least the companies will not have to pay their workers so much, which will increase the companies profit and value.
Siddis33 2 years ago
Nice vid John. Thanks for sharing.
britestudiosllc 2 years ago
What are we gonna do? The government is bold face lying to the citizens while some poor grandma out there is thinking one in thing, the truth is she is being fed lies. Lets all move to india who is coming with me?
socomplete 2 years ago 2
Very good video, I've been watching the DOW and the USDX for the last 6 months and the correlation you drew between the 2 is right on.
Dean0000007 2 years ago
Good job! I knew something did not make sense! when will the dollar numbers of the dow actually crash?
thetruthisoutnow 2 years ago
Very good video, I never thought of the DOW crashing upwards. Now that will be one for the history books for sure.
BuckFutterd 2 years ago 3
Good video
200FuckingPonies 2 years ago
Stellaconcepts: Australia's greatest export
SolarAlchemy 2 years ago
Watching this channel I seem to hear a lot of buy & hold. People here just preach PM's instead of stocks, real estate or whatever.
Yes, PM's seems to definitely be the smart move for now, but be careful and remember 1980. Buy & hold only works for the lucky.
Happy investing & good luck all!
voglbop 2 years ago
4 apples an hour! thats not even minimun apple wage.
Drumvain 2 years ago 3
unless you're hungry....
Betterthannosn 2 years ago
When the Dow crashed 1931-1932 (89% from its peak) the dollar was backed by gold. The Dow could flatline or go up and the gold price increase at a faster rate.I reckon gold will go higher for the rest of the year compared with the Dow. Then in the early part of next year there will be a brief dollar rally to put us back to where we are now before the next stage of the gold bull run/dollar tumble. This pattern will repeat itself until either the dollar bottoms or it freefalls Zimbabwe style
ford7777777 2 years ago 2
Bravo!
PTTurboe 2 years ago
As a fellow Aussie how do you think this will play out in Australia. More unemployment? more inflation? esp utilities, food etc. Do you think our dollar will equal or surpass the U.S. dollar? Or will they devalue it? Banks and businesses closing etc etc. What are your thoughts?
Eltsacwenify 2 years ago
Masters degree in Economics that say's that Australia will do great once China and India get fired up.
Australia,Canada and New Zealand have the most resources like Gold,Silver and Oil in Canada.
RETIREMESOON 2 years ago
Grapevine news: I heard the Panama Canal Zone will be hiring soon to enlarge the Canal...
spoiledbrat1440001 2 years ago
i love the apples example
dominicjan 2 years ago
very clear video aswell
easy to understand
5 star
GSDebunked 2 years ago
Looking mighty dashing john, not the usual bed hair :)
GSDebunked 2 years ago
We have work 24/7.
innefitterosa 2 years ago
At DOW 6500, Dollar was about 86, Now DOW 10,200, thats like 35%+ increase and dollar decreased by 15%(+-) so in nominal terms, their has been some growth , just less, Right? Dollar needs to get under 70 to indicate 0 growth IMO
Nonetheless, I know we are in for a hell of a ride
chromedreamz 2 years ago
We will see how "progressive" Americans are when inflation hits Depression-era figures. Our politicians and CEOs have no fear of being substantially, personally punished if they fail in their duties toward the taxpayer or worker. If I fail, I get fired. Revolution is just around the corner.
AMCHATTER 2 years ago 4
I live in Costa rica, came to US to visit this week, they are giving things away, went to a mall to get some stuff to bring back home, great deals, where is the inflation, nobody has money!!!!!!!
I own PM's, but wonder if deflation or inflation will hit
chromedreamz 2 years ago
thanks!
chromedreamz 2 years ago
so funny John but I was just comparing the fall of the Roman Empire with that of what seems to be taking place in America...so sad and ever so possible...
wisteria69 2 years ago
hes cute...
mavsexiboi 2 years ago
keep up the good work!!!
ranjaa 2 years ago
You're in dream land pal.Inflation adjusted from its 1980 high gold should be trading @ $2,000.00 an oz.Its lost half its value to INFLATION!
NEVER BET AGAINST AMERICA!
MrDaverha321 2 years ago
never bet against America?
I think the same was said for the roman empire.
Dont let your patriotism get in the way of your common sense... use them both to your advantage.
stellaconcepts 2 years ago 15
The market was manipulated on May 6th 2010. I explain how it was manipulated and who did it on my channel.
fizban1977 1 year ago
Daverha, we missed you.
visionvictory 2 years ago
This comment has received too many negative votes show
In todays news, Gates and Buffet, addressed students at Columbia, and they both said we've reached the Bottom in the Markets, Capitalism is working just fine, everyone should be jumping into the markets, and that the Worst is BEHIND us.
Now, before you comment...just think about this...wouldn't the two richest men in the world have the absolute BEST and Most Accurate Information that money can buy?
I'm starting to wonder if maybe it IS over, and the naysayers are just flat out wrong?
jarden69 2 years ago
Buffet (i dont know about gates) is an inflationist.
His rail purchase proves that and his comments "I think equities will outperform cash over the next 10 years" is probably true.. infact, we've seen EXACTLY that - the stock market has way outperformed the dollar... so yea - this thing could keep going higher - but thats not a good thing if the dollar is dropping faster - like it is...
stellaconcepts 2 years ago
Logic and reason. Wow! So missing in this world of Ponzi scheme economics.
mustang607 2 years ago 2
This comment has received too many negative votes show
people like you make me so mad just trying to cause havoc, yes things are bad but we avoided a great depression, yes things can always get worse but guess what a bull market within a bear market is still a bull market you either had the balls to step up and make money or be scared into a corner and missed the bulls, stop scaring people have some balls and admit you have been wrong
jlowens1 2 years ago
How can you say we avoided a great depression if we are still in a recession and it's getting worse, not better, especially with everything that Obama is doing and spending money like it grows on trees. Instead of allowing the banks to fail and have people save their money, he's encouraging Americans to spend. You could say we avoided doing the right thing and save the economy.
jamezbond78 2 years ago 7
admit I've been wrong about what?
Since I've started my YT channel silver has way outperformed the dow.
I've been right.
Gold is making new highs... the Dow can only dream about it - and that in inflated devaluing dollars....
Care to explain what I'm wrong about?
stellaconcepts 2 years ago 3
The dow 10.000 is priced in dollors ,the doller is worth .50cents , that means the value of the dow is 5.000 , GET IT?
jefferyconnors 2 years ago
I have ben trying to explain all this to my husband. He dose not see it yet but he will.
We are baked in the US.
shampoovta 2 years ago 3
im goin through the same thing with my girlfriend. she doesn't get it yet. it's so frustrating !
tylerzchance 2 years ago 3
You seem awake despite the pyjamas!
KaksinMilan 2 years ago 3
This has been flagged as spam show
lol everyone is saying that is looks like pj's - last time i wear that shirt! ;)
stellaconcepts 2 years ago
awesome vid
thanks!!
thespamcleaner 2 years ago
I understand exactly what you're saying but what about all the quarterly reports saying that inventories are down and future sales are looking better? Many companies are stating a positive outlook for growth in the next several quarters.
cityguyusa 2 years ago
It's not Sales that are looking better... its profit - as a result of:
1. Job and Cost cutting.
2. Inflation
It is only looking better than forcasted... not better than ever!
stellaconcepts 2 years ago
Yes, cost cutting would increase profits but I don't see how inflation will increase profits. The consumer will pay more for goods but so will the manufacturer. The reports are saying "growth" and I understand that it isn't the growth of the early 2000's but it's still growth which means increasing production and eventually will lead to hiring. The consumer sector I'm afraid will not be good but their does seem to be growth in manufacturing due most likely to exports.
cityguyusa 2 years ago
Because input prices are "sticky" due to long-term contracts. So, if you produce and sell at a higher price but your input prices are not moving as much, you end up with greater profits in the short run.
Incidentally, the guy in the video is an idiot. He is using gold as the only measure to justify that the DJIA has crashed. The exchange rate basket reflects only a 10% decline in the value of the dollar. Gold is in a bubble right now. I bet this guy thought houses were a good investment in 2005.
shahen13 2 years ago
Spoken just like a Goldman Sachs robber baron....
Keep that propaganda spewing!
overturnthefed 2 years ago
I agree on the $. I calculated it to roughly 11% in the past 6 months. Not that that is something to be happy about. If I remember correctly a dollar in 2003 was only worth about a nickel. So now it's worth probably 4 cents.
cityguyusa 2 years ago
Surely that would be 6 apples?...
HOLLNAIER 2 years ago
thanks for having John, I love listening to his channel, very smart guy!
mtwood992211 2 years ago
Telegraph, November 11, 2009:
Barrick shuts hedge book as world gold supply runs out. Global gold production is in terminal decline despite record prices and Herculean efforts by mining companies to discover fresh sources of ore in remote spots, according to the world's top producer Barrick Gold.
TheSharpenedPen 2 years ago
Go $ go $ go $, I will buy commodities at better price
lilidk6150 2 years ago
Thanks, great job!
ChrmdLabradorite 2 years ago
Thanks Daniel. Thanks John. Have been a subscriber to this channel for over a year. Now I have another great channel t subcribe to. Cheers guys. This is exactly what I have been telling people.
billsaintkilda 2 years ago
Thanks for confirming what I see -- the U.S. economy is overvalued in almost every way by fifty percent. I don't know why others refuse to see this. They can just try to buy one euro, and see that they need at least a buck fifty to do that. Hello?
slobomotion 2 years ago
Wanna get a laugh? There's an AP article that said that the recent spike in gold prices is really a bubble and there's no telling when it will burst.
TenderTrap86 2 years ago
who is keeping/protecting true values?
those that buy something solid of value without getting into debt.
To consume will not help you.
If you think your rich then you cant physically carry your real physical gold around with you. measure true value in Physical Weight and NOT DOLLARS
LastReplaySC 2 years ago
marc faber says the world economy is imploding.
this 9 second video is important:
/watch?v=cpk193dMqcY
KhmerD0g 2 years ago
Good vid!
freedomfighterone 2 years ago
Very clear - love the simplicity of this explanation!
Anett7373 2 years ago
great info..thanks much!
PestControl02 2 years ago
loved the apple analogy - great video john, ive been a longtime sub to your channel and learn something everytime. outstanding.
cv1122 2 years ago
thanks cv! ;)
stellaconcepts 2 years ago
"the dow may crash upward". well said
LysSpooner 2 years ago 2
keep shorting the dow and s&p...keep getting your faced ripped off.
9secondsflat 2 years ago
Thanks John. Great info! Why didn't Daniel ever explain this before?! Just kidding, but I did learn a few good concepts from this video. I'll definitely be subscribing to you. Thanks again.
nitdiver5 2 years ago 2
shit the apples are rotting. sell all your apples and buy oranges!
TheMetalPerson 2 years ago 4
I'll buy some bananas and throw 'em at Bernanke and Geithner.
TenderTrap86 2 years ago 2
dont'tgetgoldfever.
lucifuehrer 2 years ago
You're an idiot. I am an educated college student female and trust me Vision Victory and stellaconcepts speak the truth. I am ahead in this economic downturn in comparison to everyone else in America.
castmay 2 years ago 3
"I am ahead in this economic downturn in comparison to everyone else in America. "
Sorry , but this comment doesnt sound very intelligent
lilidk6150 2 years ago
The fact that you're college educated has absolutely nothing to do with the knowing what the truth is. All the idiots we rightly criticize went to college. Going to college today is a dime a dozen phenemenom. There are a lot of dumb kids who stupidly went to school not knowing the interest rates of the loans they took out. Further more, most college grads were, first of all, not intellectually astute enough to realize that the financial "aid" they received was actually financial rape. Good day.
TenderTrap86 2 years ago 3
You've received one thumbs-down already, but it wasn't from me. Your English seems good! Many college grads cannot even do what you just did. All around the world, people are still totally fooled by the education game, which is only well-played when it's played correctly! Good for you, good comment.
slobomotion 2 years ago
@slobomotion It's sad that people don't realize that the US in awash in cheap paper, in both US dollars and diploma mill-diplomas.
TenderTrap86 2 years ago
Like Gerald Celente said you shouldn't send your kid to study Sociology, History of Art, etc. but if they are going into the harder sciences/medicine it's different. So not all diplomas are worthless. If we didn't have people going to college, we wouldn't have the many benefits that science has brought.
castmay 2 years ago
Sorry for my grammar, I'm actually in class and I am trying to take notes as well. haha
castmay 2 years ago
@castmay Nobody said that all diplomas are all worthless. People don't like it when their words are twisted around. /// This world needs good, solid historians, sociologists, psychologists, artists and philosophers. These fields are not wastes of time. Gerald simply said "Show me the greatness these universities are producing and they can show me nothing.". He did mention the softer sciences, but not as the best choice. Probably because they're more ambiguous and, therefore, harder to excel in.
TenderTrap86 2 years ago
Comment removed
castmay 2 years ago
Yeah, you got that right. I have an MBA and have taught at the university level here in Paris. Wow, am I sorry I didn't learn horseshoeing back at Kent State!
slobomotion 2 years ago
Ah, Paris. The Eternal City... just kidding. lol
TenderTrap86 2 years ago
I am graduating and who said that I paid anything. I will be going to medical school next year so I don't regret anything. I want to be like Ron Paul and he had to go to college before medical school so what's your point?
castmay 2 years ago
Have you ever heard one of Gerald Celente's mantras? "It's not even Ecnomics 101. It's Economics For Dummies!". What's going on has more to do with common sense knowledge than anything else. In other words, you don't need to be "college educated", or female for that matter, to understand whats going on in this country. People just need to think about things and ask more questions than they answer. PS My comment wasn't intended to be degrading. Comments on YouTube can seem quite cold sometimes...
TenderTrap86 2 years ago
I know who he is but I still have to go to college before medical school. I can't go straight to medical school from high school. Anyways Peter Schiff went to my college (UC Berkeley) so I don't think it was a waste of time. Some colleges do teach you to critically think but it's up to the person to apply it.
castmay 2 years ago
Well said sir!!! I happen to be one of those former students now being raped. Doesnt feel to good.
CASTILLOM1 2 years ago
@CASTILLOM1 I'm sorry to hear that you're running into financial troubles. What was your major? Do you have a job? If so, is it in your field?
TenderTrap86 2 years ago
Lol no im not in bad financial shape. The exact opposite actually but I did take out a student loan for $18000 now nearing 20k. Damn govt and their exorbitant interest rates.
CASTILLOM1 2 years ago
Good to hear that you're not doing too bad. I was thinking about taking out student loans myself because I very much would like to go to school, but I really, really, really don't want to fall into the debt trap. People say it's like a black hole and that it's almost as if it were designed to be a bottomless pit. We know the latter to be true./// Peter Schiff and Gerald Celente say that college tuition has to drastically drop in the coming years. It's another bubble that's just waiting to burst.
TenderTrap86 2 years ago
Wishful thinking
4evrMT 2 years ago
"Wishful thinking" in regards to what?
TenderTrap86 2 years ago
This has been flagged as spam show
Sorry. Please ignore me again and get back to fruitful discussion.
Awesome video!
Thanks Stella.
Thanks Dan!
xFlRSTMERlTx 2 years ago
This has been flagged as spam show
another bogus post bellow by the AUSHOLE in the video talking about apples. He is a THIEF bogus silver, gold dealer. Click on the both xxFIRSTMERITxx pages. Well it is good to see he finally has manipulated the views and the rating number....AMERICANS BEWARE THIS GUY IS A SCAM ARTIST HIS REAL NAME IS HODGIE.
xFIRSTMERITx 2 years ago
This comment has received too many negative votes show
Sorry, I am not from Australia, mate.
And you aren't so important someone would 'hack' your account.
i just was having some fun with you.
I cloned an account and BOY DID YOU FREAK.
You are a bit thin skinned.
I could have saved your failed reputation here, by posting some relevant and insightful comments.
But I will just let you dig your own hole to camp in. And rant in.
BTW, Hodgie doesn't own this channel.
Give it a rest already.
xFlRSTMERlTx 2 years ago
can you say? "controlled demolition"
NibiruMagick2012 2 years ago 3
This has been flagged as spam show
5 stars from me!
nomad74777 2 years ago
This has been flagged as spam show
message below is created by the AUSHOLE in the above video....click on the screen name then on mine 2 different pages..........this guy is a thief!
DON'T BE STUPID AMERICANS
xFIRSTMERITx 2 years ago
@xFIRSTMERITx
hey xfirst we dont want to hear any of your PPT crap ok. This is a free country and we believe what want to.
limitedplay 2 years ago
Comment removed
clubadv 2 years ago
Gold at 850 30 yrs ago, Dow at 1000. Now Dow at 10200 gold at 1150. Doesn't timing have anything to do with it ? In fact, timing is everything.
marketwatch101 2 years ago
This has been flagged as spam show
Nevermind. No one hacked my account.
I am retarded. But I truly LOVE Jim Kramer.
OMG he is awesomeeee...
Please ignore anything else I say.
I spout gibberish.
:-o
xFlRSTMERlTx 2 years ago
Comment removed
clubadv 2 years ago
This has been flagged as spam show
gamimenaki has gold and silver for sale also....
xFIRSTMERITx 2 years ago
Comment removed
clubadv 2 years ago
thanks
gamimenaki 2 years ago
Thanks for the update man!
BackBurnerNews 2 years ago
Gold 1120 haha...getting crazier by the day
castmay 2 years ago
Great video & excellent analysis of what is really going on. Wall street, the banks & the governments have created a nice mess for us eh.
constant56 2 years ago
This has been flagged as spam show
his real name is HODGIE!
GET HIM!
xFIRSTMERITx 2 years ago
This has been flagged as spam show
this guy has been commenting on his own video all night here even created a screen name same as mine and posted silly comments here just click on them and click on mine...
SCAM ARTIST......WITH A BAD HAIRCUT....SILLY IRANIAN
xFIRSTMERITx 2 years ago
This has been flagged as spam show
Sure John you promote your own videos all the time have many screen names Like 300!
682 rating here and 302 views like 380 people have rated your video 5 stars and never viewed it!
DON'T BE STUPID AMERICANS THIS GUY IS A SCAM ARTIST! VISION VICTORY HIGHLY RECOMMENDED HIM LOOKS LIKE HIS BROTHER TO ME! AND DEFIANTLY NOT AMERICANS!
xFIRSTMERITx 2 years ago
I wish I had Johns hair. John, when I die I want to reincarnate as you.
CASTILLOM1 2 years ago
This has been flagged as spam show
no drugs here a marine. this guy posted a ad to sell bullion and a link in the info box removed it when caught and is a dealer look at his channel he is promoting his own business has multiple screen names and post back and forth to himself. Look 302 views and 680 ratings. DON'T BE STUPID AMERICANS most Aussies would skin him and through the skin away. He's a crook!
xFIRSTMERITx 2 years ago
Great presentation. It should also be said that the DOW is crashing in terms of (relative to) the price of gold.
Some chartists say that after breaking 72 , the dollar will head to 40 and others say 60 on the USDI. I believe it could find temporary support at 60, but trust the judgement of those the most who say 40.
For your viewers, should the dollar go to 40 on the index, the price of imported goods will likely increase almost 100%. Too bad we import most everything.
InTheSticks1881 2 years ago 4
Damn this FIRSTMERIT clown is irritating. Whats wrong with trying to profit from the knowledge these guys have so panstakingly collected?? Theyre giving us free advice and offering their services as compensation to themselves. Nothing in life is free my boy, get your head out of your ass and see it. I too would be trying to profit from my work. Do you flip burgers at mcdonalds for free??
CASTILLOM1 2 years ago
This has been flagged as spam show
Truth is has been spoken will be e-mailing ALL subscribers reporting to YouTube . I am sure they will be changing the rating view count soon.
All take note this channel is for entertainment only!!!!
xFIRSTMERITx 2 years ago
This has been flagged as spam show
right on DavisAKZ....648 ratings 302 views scammers
AK's rock!
xFIRSTMERITx 2 years ago
@xFIRSTMERITx
are you on drugs?
JinxedSoul 2 years ago 5
Hes not on drugs, just a boneheaded kid who revels in the negative attention he receives. Ignore the moron. Spam his posts.
CASTILLOM1 2 years ago 3
This has been flagged as spam show
this guy is a bullion dealer.....had an ad at the beginning of vid, and a link to his/him bullion dealer in the comment box removed it after i called him on it. australians are famous for this....good buddy bullion dealers. click on the stupid comments he posted under my screen name your see is sweating face there..I question and you should too question vision victories INTEGRITY...this guy is a looser/scam artist.
xFIRSTMERITx 2 years ago
648 ratings and 302 views :-(
DavidAKZ 2 years ago
Great vid, great info.
lindabebe835 2 years ago
This has been flagged as spam show
these guys hacked my account and posting bullshit..........there bullshit...........you know not who you screw with......go count apples and clean your teeth with them to........what a joke
xFIRSTMERITx 2 years ago
im sure visionvictory is happy with your excessive BS commentary, the more comments, the more this vid gets promoted. so keep it up... everyone see you for what you are... while at the same time getting this important information out there.
trolls like you ought to be gratified, not blocked.
cheers and thanks for your support ;)
stellaconcepts 2 years ago 4
I rather own high end stocks than gold or silver still kraft foods which operates all over the world as well as cadbury or GE these stock will be a hedge against inflation also stocks like slumberger and oil companies are really poised to pop as oil increases.
SmashMacintosh 2 years ago
I agree that stocks in certain industries will do well but the problem really lies in the compensation that you will receive when it is time to cash out on your investments. The dollar is a terribly flawed currency and I want to own an asset that can be converted into any currency or used as currency in case of collapse.
CASTILLOM1 2 years ago
Hey John great to see you on Vision victory as well..
johnandrea1234 2 years ago
Good analysis. Thank you
iknownothingnow 2 years ago 2
Comment removed
CASTILLOM1 2 years ago
does it? really?
xFlRSTMERlTx 2 years ago
Comment removed
CASTILLOM1 2 years ago
I promise to behave now.
I suggest you do the same.
xFlRSTMERlTx 2 years ago
Hey asshole FIRSMERIT, noone is twisting your arm to stick around in this discussion. John is giving his opinion and if you dont like it then kindly leave. We dont need your Mike Norman-esque ass around here offering half-witted retorts to the guys who have given us great words of wisdom!! And AMERICAN???!!! Get the fuck outta here you ignorant asshole!!!
CASTILLOM1 2 years ago
I have a quick joke for those following the Amero discussion......If Europe uses the Euro, and the Americas the Amero then what will the African Union use?? The Afro??
CASTILLOM1 2 years ago 4
Comment removed
CASTILLOM1 2 years ago
no worries it was funny. Screw the people who get easily offended.
visionvictory 2 years ago
This has been flagged as spam show
right on tha money Stella dude, this week I seen the largest crowds as of yet at tha local food pantries & at the same time, the smallest food portions given and donated yet to date.
☻/
/▌
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★ ★ ★ ★ ★
tonapah141 2 years ago
Nice to see other intelligent people here.
xFIRSTMERITx 2 years ago
This has been flagged as spam show
Just kidding. I am dumb as mud and should not be posting on this channel.
Forgive me, but I forgot my meds today.
xFlRSTMERlTx 2 years ago
You not being one of them.
CASTILLOM1 2 years ago 2
Dow's only 30 stocks. Shouldn't give so much credence to it.
a012345 2 years ago
This comment has received too many negative votes show
soon my comment will be removed just watch....Danial if your actually American get this guy off your channel!!!!!!!!!!!!!
xFIRSTMERITx 2 years ago
I can't delete comments on another channel's video mate... I suggest you calm down.
stellaconcepts 2 years ago
This has been flagged as spam show
sorry.
sometimes, I do that juts for atention.
i kent help it.
:(
xFlRSTMERlTx 2 years ago
Interesting his commercial at the beginning of the video and link to his buddy or him the bullion dealer is removed from the side bar......
Americans are not stupid......we don't eat rotten apples. There should be a disclaimer here on these videos "for amusement only"
xFIRSTMERITx 2 years ago
582 ratings with 302 views??
finster37 2 years ago 2
Yes, 582 and 302.
YouTube hired the mathematicians that used to crunch numbers for Enron and MCI worldcom.
Seems like it's hard to get good work release workers these days :(
As Chena would say..
Bad dog, no bisuit...WOOF
jcwitness 2 years ago 2
Hahahaha, well said Forrest, I mean JC
CASTILLOM1 2 years ago
I don't think you should base everything on the gold and the dollar. You can look at steel in July 2008 it was $1099/ton hot rolled, in July 2009 is was $506. If you look at orange juice, aluminum, wood, ... you will see prices have dropped in dollars. Gold is rising because people are scared. Dollar is dropping because people are scared and fundamentally the dollar is in trouble.
pirucreek 2 years ago 2
But gold is a great indicator of economic uncertainty. When it rises it denotes a flight by investors from assets of no real value ie stocks, bonds, currency, to those of real physical value. Steel and the others mentioned are of real value. The temporary "drop", which will be short lived, was a foreshadowing of events to come. I guarantee it. We as a species have consumed way too many materials causing a huge shortage of everything. Gold included. Check PEAK OIL.
CASTILLOM1 2 years ago
Don't look at steel.
Who is a HUGE domestic consumer of steel?
According to US Steel: automobile, construction and industrial equipment.
See, there were outstanding blanket orders and contracts (even though demand already dropped).
Orders are not being renewed or outright cancelled.
Silver had similar price influence since 1970's because of its industrial use, silverware,etc.
jcwitness 2 years ago
Any tangibles that people need and use will be better than stocks,bonds or paper money.I think skyrocketing energy prices will be the final nail in the coffin.The time to network with like minded locals is now.
Gunnarsguns 2 years ago 2
Do you really think the dollar can reach the 40 mark? i think it would collapse well before then
centervilletn 2 years ago
well hitting 40 on the index is pretty much a collapse.
stellaconcepts 2 years ago
Hahaha, well said John. I was going to be more sarcastic and crack a wise comment. If it reaches 50 it has collapsed.
CASTILLOM1 2 years ago
LOL ok ;)
sstoy10 2 years ago
There is no currency crisis!!! the currency is being devalued to pay our creditors with cheap money and then will be replaced. Brilliant!!!! Oh its going to hurt!! Thats for sure, but behind the mess stands a rainbow. Canada, U.S. and Mexico combined will form a powerhouse of a currency. We will easily be able to compete globally again. The U.S. may never reach the levels previously enjoyed but we will be back. Hopefully, but not realistically, smarter.
CASTILLOM1 2 years ago 2
While I realize the North American Union was signed in 2005, (and yes, I watched the JBS DVDs)...I think that plan is done.
It seemed like a good plan, but it wasn't the ONLY plan. It was like, plan A.
Now, we are on plan B.
It was always there, but a hand that was only to be played to usher in the final solution.
Skip A, right to B.
There will be NO amero.
G8 and G20 made clear the direction.
Russia and China already fingers in SDR's.
jcwitness 2 years ago
If SDR's are the future of America, and im getting the sense more and more that it is, then things will obviously be different. Thats why I said possibly. The Amero is whats best for us as North Americans but not as good for us as World Citizens.
CASTILLOM1 2 years ago
And I dont believe that there were actually plans for one or the other. There was a master plan behind it all and one will be the campaign of misinformation, possibly the Amero. Youve given me much to think about Forrest, I mean jcwitness. Either way, owning gold will get us through.
CASTILLOM1 2 years ago
id like to see an overlay of teh dollar and tthe dow...i think it would make an interesting chart.
centervilletn 2 years ago
the are inversely correlated. one up - the other down and vice-versa
stellaconcepts 2 years ago
yes im just curious where the dollar and the dow cross on the chart...i suppose it would be somewhere near the top of the dow...thanks
centervilletn 2 years ago