GOLD, Conspiracies, Dollar & Dummies - You Don't know SH*T

Illusion of Knowledge - GOLD, Conspiracies, Dollar & Dummies - Why we don't know SH*T

One's first step in wisdom is to question everything - and one's last is to come to terms with everything. - Georg Christoph Lichtenberg

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Gold china derivatives the dollar collapse investment bank rmb yuan stock market crash Chinese gold silver bubble real estate doomsday foreclosure downturn housing crisis financial subprime hyperinflation hyper inflation economy economic downfall investing fed federal reserve money fiat commodities Peter Schiff Jim Rogers Gerald Celente Alex Jones Ben Bernanke trading forex

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[BrianGoodridge1968]

Very inspiring, can't wait to hear more words of wisdom. U owe nothing to nobody,yet u still take time for us ...for that I thank-you.

[Growby10]

@BrianGoodridge1968 - thank you Sir for your kind words! Stay tuned for more =)

[Tigerpaws9097826]

I wish the subject you addressed here was part of our educational curriculum. Whenever we find our pet theories or dogma in contradiction to the evidence of reality, and maintain that our perception of reality is incorrect because the theories cannot be wrong, we stumble into dysfunction - whether the focus is on finances, religion, politics, health, or relationships. IMHO some of our biggest global problems are rooted in our attachments to our theories. I hope you continue this thread!

[Growby10]

@Tigerpaws9097826 - thanks for your suggestions. great material for future video!

[valhala56]

Get to the friggin point, it took 1/3 of the vid before you started talking about what was in our title.

[Growby10]

@valhala56 - shortcuts kill.

[okie74014]

Wow, this is one of the most foolish people I have ever seen. He is so involved in praising himself, his career, and his education that no matter how blind he becomes to reality he thinks he is making the wisest of statements because it came from his own mouth. This kind of person will suffer the most in the near future.

[johnnieace45]

Takes a lot to stand up to the masses, am sure you will get some flack. I welcome other perspectives such as yours. Getting tired of hearing everyone echo how silver is going to 100 then 200 then blame manipulation. Last I heard was silver would pass $50 like a warm knife through butter. That is when I sold. Now looking for new opportunities, particularly energy plays.

[pdxeddie1111]

at first I didn't like ya but I think I see where you are going and though you probably have a Keynesian education you are talking rational. I myself get a little irrational but only because I do not trust my government. My philosophy is keep a core position in metals, cash and stocks and accumulate over time all three. I think a lot of people are trying to get wealthy on metals and to me that's the wrong attitude when gold's main function is preservation.

[TimothyRobert2012]

About that Illusion of Knowledge...........oh wait what?

you make wish there was a block thingy on here

[dwranson]

Very interesting video. Subscribed. 

[jonnynite]

A degree in economics isn't impressive at all when the Keynesian economics they teach are what caused the problems in our economy. Study economics on your own unless you can find a professor who teaches Austrian economics. The Austrian economists have been proven right again and again in their predictions of our economic problems.

[PhilbyDorro]

It seems the way most say to profit from trading is to not try picking Tops or Bottoms, but is really mostly about letting your winners Run & cutting Losers Short. (with the current Trend) - enter earlier & hope it becomes a Bubble - not counting on the Bubble to burst. The media seems to change it's tune about the markets pretty swiftly - based principally on price action it seems. (find economic justifications for price movements)

[PhilbyDorro]

Some go crazy it seems wanting to 'trade with the trend' 'the stronger the trend - the better the probability' Where to me a raging Bull / Bear market is often an indication that there buying / selling Force may soon be expended.

Looking forward to more, cheers. Hoping to learn about derivatives impact on market prices & Liquidity Provider hedging of risk & who they pass that on to - (the Liquidity Consumers ?) Do they Trade against Liquidity Consumers ?

[PhilbyDorro]

Thanks, yeah.

I've been learning the hard way in the marketplace too.

Why is it that many say the markets often do the opposite to what the majority expects ? That anything that seems obvious is obviously wrong. Is it Manipulation ? Or is it just something within the majority of us to constantly question & often reject the obvious ?

[JustABitchyCancer]

Also i don't invest to make sure i can "barter" if the time comes..for food, etc. I don't want to be around if everyone else is starving but a few people with silver and gold (which it wouldn't work out that way anyway, everyone would be screwed)