So, do you think it prudent for the government to intervene and purchase loan bundles (you mention a bank selling a package of auto loans to the government)? Isn't that what caused the current housing bubble, with Fannie & Freddie being an artificially created market for bundled trashy home loans? Why can not free enterprise provide the market for any investment that actually has inherent value and merit? Keep government out of it!
Great videos very clear explanations of fairly confusing subjects! Do you follow Bob chapman at all? He produces The international forecaster and has a success rate of close to 90% long term.
etf you own the assets, etn you are owed the assets by the issuing bank which was a problem with lehmans apparently because you become a creditor in any bankrupty not an allocated owner of assets managed as an etf would be
Housing bottomed at about 1000 oz of silver in 1980 for a median home. So you would be better off putting a down payment into silver then paying cash for a house in a few years than buying a house now in my opinion. It would also give you flexability as to where to live.
@JOConnor100 in Australia from 1969 to 2008 the average price of an average home in Melbourne was 310oz of Gold.....however in the last bull market in Gold during the 1970s the average dropped from 310oz to 280oz, 240oz, 200oz, 170oz..........and eventually in 1980 the average home was worth only 63oz of Gold in Melbourne in 1980.....then of course interest rates went to 20% and that killed the Gold bull market.........if Gold goes to $100,000oz then it should only cost about 5oz this time? lol!
@nico3641 Generally speaking yes real estate is good. Depends on where though of course. If youre in a bad part of town where rioters come from or somethign like that then housing is probably deteriorating due to social instabilityy and destruction.
Metals, are pratically stupid to own in my opinion especially gold. Invest in agriculture and have a bias towards self=sustainability is the key!! Also owning oil & fresh water producing systems is a plus.
By Henry Hazlitt that is. If youre looking for an Investment book look to Peter Schiff. I believe hes got a new book coming out. Also Economics For Real People by Gene Callahan is awesome but start off with EiOL. Btw if you want to get them cheap your best be is the source Mises(dot) org, and then go to Store. Youll never regret it honestly.
I'd like to see some more facts behind this rambling speculation buddy. seriously, i'm not just saying it, I'd like to SEE IT!
Zander101084 10 months ago
So, do you think it prudent for the government to intervene and purchase loan bundles (you mention a bank selling a package of auto loans to the government)? Isn't that what caused the current housing bubble, with Fannie & Freddie being an artificially created market for bundled trashy home loans? Why can not free enterprise provide the market for any investment that actually has inherent value and merit? Keep government out of it!
rickerwill2 1 year ago
Great videos very clear explanations of fairly confusing subjects! Do you follow Bob chapman at all? He produces The international forecaster and has a success rate of close to 90% long term.
causechange 2 years ago
Never sell your metal?
It has no value until you can find someone to buy it.
housechores 2 years ago
Yip im buying up my silver slowly. Still looking at Jim Rogers and his ETN. Wish it was an ETF but theyre practically the same
NicosMind 2 years ago
etf you own the assets, etn you are owed the assets by the issuing bank which was a problem with lehmans apparently because you become a creditor in any bankrupty not an allocated owner of assets managed as an etf would be
-'exchange traded note'
ricochetVendetta 2 years ago
Pretty cool format for doing videos. Someone clever thought to do it this way. I like this kind of ingenuity.
rodolphesimon 2 years ago
jdouche when do you think the stock market will bottom?
solojam 2 years ago
I would be in metals until the dow is worth 2 ounces of gold, then I would start buying some stocks.
jdouche 2 years ago
good job keep it uP!!!!!
solojam 2 years ago
Good job, buddy, keep it up
maxinatlanta 2 years ago
is real estate a good hedge against hyper inflation OR only metals and commodities?
nico3641 2 years ago
Housing bottomed at about 1000 oz of silver in 1980 for a median home. So you would be better off putting a down payment into silver then paying cash for a house in a few years than buying a house now in my opinion. It would also give you flexability as to where to live.
jdouche 2 years ago 2
How much was a median house priced in gold in 1980?
JOConnor100 2 years ago
@JOConnor100 in Australia from 1969 to 2008 the average price of an average home in Melbourne was 310oz of Gold.....however in the last bull market in Gold during the 1970s the average dropped from 310oz to 280oz, 240oz, 200oz, 170oz..........and eventually in 1980 the average home was worth only 63oz of Gold in Melbourne in 1980.....then of course interest rates went to 20% and that killed the Gold bull market.........if Gold goes to $100,000oz then it should only cost about 5oz this time? lol!
dojufitz 1 year ago
@nico3641 Generally speaking yes real estate is good. Depends on where though of course. If youre in a bad part of town where rioters come from or somethign like that then housing is probably deteriorating due to social instabilityy and destruction.
Metals, are pratically stupid to own in my opinion especially gold. Invest in agriculture and have a bias towards self=sustainability is the key!! Also owning oil & fresh water producing systems is a plus.
fububalla 1 year ago
wow! half of that went over my head! lol!
can you recomend a book for me to read about what you were just talking about? haha
qweqqweqbt 2 years ago
Economics in One Lesson
jdouche 2 years ago
By Henry Hazlitt that is. If youre looking for an Investment book look to Peter Schiff. I believe hes got a new book coming out. Also Economics For Real People by Gene Callahan is awesome but start off with EiOL. Btw if you want to get them cheap your best be is the source Mises(dot) org, and then go to Store. Youll never regret it honestly.
NicosMind 2 years ago
good info thanks.. i enjoy these videos..
navtel 2 years ago