The Big Reset Interview Commodity Discovery Fund Founder Willem Middelkoop interviewed about his new book, "The Big Reset" with Nick Giammarino.
In this exclusive interview with author Willem Middelkoop from Amsterdam, we discuss the global currency reset (the Big Reset) and how the world will not want a fiat currency in the future. We discuss Christine Lagarde and her recent speech about the reset. Discussed are what types of investments will do well including gold, silver, and paper currencies.
FULL TRANSCRIPT OF THE INTERVIEW available at the website above.
Visit Willem's websites:
02:11 - Live video of Willem Middelkoop from Amsterdam.
03:52 - The Next Reset
05:45 - Christine LaGarde - Reset, notes at Davos
07:37 - Asset backed currencies, SDR
09:03 - Bretton Woods - Gold backed dollar
09:41 - Germany gold repatriation - Fort Knox Gold
10:38 - Germany Bundesbank
12:15 - Central bankers and gold
12:26 - IMF double counting gold of member countries.
13:36 - Gold Certificates - Gold on Federal Reserve and Treasury balance sheets.
14:35 - Which countries have the most gold reserves
15:32 - Interest Rates - Negative Rates - Japan example for U.S. and E.U.
17:26 - Debt to GDP - Japan - Why we need a monetary reset - Debt restructurings
19:20 - Financial Reforms versus sovereign Debt Restructuring
20:05 - Debt Cancellation - Removing $2 trillion from Federal Reserve Balance Sheet - If the Federal Reserve and the U.S. Treasury reevaluate gold's price to $4,200 or $8,400 an ounce instead of $42 an ounce as it is currently.
22:08 - The Euro and the Global Currency Reset - Currency Devaluation, gold. Financial Reset - World Championship of Money Debasement
23:17 - Investing in paper currencies, what do you recommend?
24:29 - Other investments, real estate, tangible assets. Where and when to buy.
25:47 - Gold and Silver rising over the next few years? $2,000 gold by 2015, $3,000-4000 by 2020. Silver - $50-75 2015/2016. $100 or more per ounce before 2020.
27:04 Gold/Silver Ratio and $100 an ounce silver. Gold is reused, silver is used up, silver shortages coming.
29:11 Already a silver shortage here in the United States.
29:47 London Silver Fix Ending
30:50 China Official Gold Holdings, not updated since 2008.
31:46 - Koos Jansen http://ingoldwetrust.ch
32:44 - What kinds of gold should people get into, physical, mining, etf? What is the ideal portfolio?
34:08 - Pullback in precious metals, trading close to 2010 levels, how long can it last?
35:14 - Willem's fund CDFUND (Commodity Discovery Fund) performance.
35:53 - Quantative easing, can the U.S. stop or just taper? Russia and China stopped buying U.S. Treasuries
37:41 - How much can interest rates be raised? National debt of the U.S. why we need a reset of the system. It's in the interest of the U.S. to take the lead.
39:29 - How close are we to the reset? Will it be overnight like it's been historically or gradual?
41:14 - Now is the time to prepare for the reset - gold and silver correction
42:34 - War on Gold and the Financial Endgame - Gold is the natural enemy for the dollar, the U.S. and the system. European countries help the U.S.
43:52 - gata.org - They have done great research for the last 10 years.
44:19 - Contacting Willem Middelkoop - Commodity Discovery Fund
I, Nick Giammarino, have not been financially compensated for this interview, I have done this interview because I personally purchased the book online and I highly recommend it to everyone.
Related video by Koos Jansen: youtube.com/watch?v=Cbq0Lh0SV1A
willem middelkoop, of the commodity discovery fund, author of the big reset
alex jones,max keiser and gerald celente update
Willem Middelkoop The Big Reset Full Interview: https://www.youtube.com/watch?v=yTLLD...