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The financial sector and derivatives may have a Hindenburg moment if the US Treasury market collapses.Rising market illiquidity in the $14.8 trillion U.S. Treasury market, according to Bank of America, might affect other financial markets.
We face a new challenge every day. The new normal is this. We now see that this is the new normal and must adjust, having initially believed it to be a catastrophe. Across the country, this year will be quite painful economically.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Impressive! I've actually been looking into advisors lately, the news I've been seeing in the market hasn't been so encouraging, who's the professional coaching you?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
BATS didn't slash their dividend. There was a stock split and they started to pay every quarter instead of twice a year. The dividend has not been reduced for the last 25 years,
"Gold has no intrinsic value"? What about its use in electronics and jewelry--not to mention that its malleability and resistance to tarnishing make it an ideal form of money.
@@ShreendgGold is money because it has intrinsic value in this case like all precious metals it comes in the form of the source being finite. What the world perceives as “money” today isn't money at all but currency. More specifically fiat currency which means its backed by nothing. It perceived value comes from consumer confidence which is financial speak for “I think therefore it is.”
This kind of repetitive content, trying to predict a crash because Michael burry burped or sneezed, is getting really annoying, seriously, it has been the same thing for years now. For gods sake do something original already
When berkshire decides to sit on 180 billion in cash it should raise your eyebrow. It might not happen in the next 2 years but I doubt we have to wait another 5. Worth a thought.
Exactly, you'd think his other failed predictions would stop people treating him like a prophet but i guess not. If you want a market predictor with an actual good track record check out a guy called Mike Norman on here
@@Christoffer424 yes but if you check previous years, Berkshire has been progressively holding more and more cash on hand for the past decade or so. It could be them preparing for something It could be a function of the company growing It could be a function of inflation It could be just a good business practice And i think its most likely all of the above. Bottom line is, nothing has really changed or happened that requires a new video about it. Of course i understand its a way to keep the channel going and growing But it really is getting too much. Of course nobody owes anything to me, im just saying i used to love this channel, but now im mostly let down every time i see a new but not so new video
We can't predict a crash, but that doesn't mean we can't position ourselves with regards to the market level if you think that the level is fair at the moment or overvalued.
One thing to keep in mind with gold is' it goes up in value versus the dollar because the dollar depreciates. When the Fed says its pegging inflation at 2% they are telling you, that they are depreciating the dollar by 20% over the next 10 years.. Thats if you believe the Governments numbers. So it takes more dollars to buy the same amount of gold. Of course speculation, manipulation through the paper market, supply and demand all play a factor but if you compare gold to the stock market it does do better. If your stocks (say during the housing crash of 08) drop 50%; how much and how long does it take you get back to even? I will take my 25% spikes in Gold (every bubble) over the 15 years it takes you to make back your lost 50% in the stock market. When the stock markets are crashing Gold is spiking due to market nervousness. Look at the historical price of gold over a 100 years. The notion that Gold has no intrinsic value is just plain false as its also used in manufacturing and has never gone to 0. Now that Gold is used in electronics makes it even more valuable. You are conflating compound interest on a stock from dividends and saying Gold has no intrinsic value. Gold has its own Compounding just with the fiat currency constant depreciation. I don't care if its 2% or 8% inflation your dollar is losing its value. Its why Gold was 300+ an oz in the 70's/80's and is closing in on $2500/oz now. Show me a situation where gold drops back to $300/oz?
I think what you may be missing about Gold is that it is not an investment exactly. It is money. It is money that does not devalue with inflation, like all paper money in circulation. So when inflation strikes the goods and services you can buy with paper money decreases in line with inflation. Whereas priced in Gold, the goods and services are not more expensive. If this thesis is correct, then while Gold is not productive and does not have a 'yield', compared to paper money it does have a yield, which is the inflation rate.
Well everyone kicks can forward instead of looking to a mirror and take a hit. Each time problem comes bigger and bigger. When or what makes it eventually break is always a surprise for everyone
Whether or not Burry is a perma-bear as some like to say on here, I like the approach he takes to stock-picking. It’s refreshing and helpful to see his 13F filings as I’ve made a few decisions very similar to his in the past couple of years. Turned out well so far but you do have to be more active on these picks than the average investor would like.
Most people over-read into what he does. He is a value investor, so will always put money into things he thinks is undervalued. People often think it’s because he’s predicting some macro event.
It takes years for a macro correction to occur. He’s been calling it since 2021-2022 and housing prices, at least here in FL are at the same price as they were 2 years ago and not selling. Inventory is spiking here and quite a few American manufacturers from John Deere to small machine shops are laying people off. Something is coming.
Every tweet he makes it’s just material for you guys. As soon as he predicts another collapse you guys run and make a video about it. I get it… he’s a genius for seeing the 2008 collapse ahead of everyone else. But other than that, what other genius moves has me made? He’s a very odd investor, very unpredictable. Goes all in on a particular stock and then 3 months later completely exits his position. Forever he will be a legend for predicting the housing bubble and a lot of people follow him to see whats his next prediction is and also for RUclipsrs to make another video on what he said or on what he just tweeted.
BATS didn´t cut their dividend in 2017. They changed from 2 dividend payments a year, to 4. They also did a stock split. They are 1 year away from being a dividend aristocrat and they have an interesting payout ratio compared to their free cash flow. Nice video despiste that error !!! Keep them coming.
I love how so many are so terrified of a crash they can only lash out and make fun of people. Most here have only seen stocks go up in theur trading lives. Most are so scared of what is coming and cannot be stopped. Its ok when something really bad happens most people scream or freeze and do not know what to do. Few will act instantly accordingly. Most would rather never think of bad things that can happen. Me i prefer to be prepaired for alot. My family refuses to speak of any of it. Thats ok because my kids will be stronger for it and will benefit from their dad not being afraid to think critically
Banks are buying gold and other Precious Metals because of they have remained stable or appreciated in this shambolic times with these banks collapsing, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
Been years since i posted on your channel. I think gold is more or less a hedge against your own currency and a insurance incase your currency goes to the dumps. Sort of like whats happenijg to the japanese yen, they saw its value fly to the moon whereas usa has not. Citizins in mayanar and turkey probably are probably glad they own some of that yellow metal
In monetary history, 100% of currencies fail (100%!!! Since the Roman times) When it does, you want to own gold/silver because is real money, not fiat money. Or you want to use gold/silver to exchange for the new currency (if happens).
The worse conditions get, the more people will smoke (and drink) I guess. I actually bought Japan Tabacco a during the pandemic because they send stockholders with over 100 shares a big box of instant ramen and they were yielding over 5%. They dipped 25% when Japan cut ties with Russia but now they've doubled in value and are still yielding. They are going to stop sending ramen next year though, so...
Not sure how gold is taxed in your country. In Germany it's tax free after 1year. Meaning we do not pay 25% capital gains tax. include this vs. your dividends and gold offers you a 10 to 12% real performance
some say Gold and Land are real assets In 72 Gold was worth $50 an ounce An ave home about $30,000 on 1200 sqM Roll on 2024 and Gold in Oz tops $3800 pacific pesos a troy ounce and an ave house sits @ $850,000 The house will earn $35,000 rent per annum so who needs to work in an Ezy livin joint like Ore Stray lee a?
I buy deep out of the money puts on the major indexes each month awaiting a stock market collapse far worse than the 89 percent drop top to bottom from the '29 crash. I look in the mirror each morning and pat myself on the back for being so intelligent.
His gold investments are because of Basel 4 new guidelines implementationin 2023. International Big Banks should have some precious metals as reserve/CAR. He's betting that banks will need more gold in bad times (huge NPL Inceease) and good times.
@@innosanto oh, that's why you're not in this industry. He didn't buy it because of regulations, he bought it because the big fish had to buy it and keep buying it in the future.
Some investors might also have insider knowledge or use it to diversify their portfolio. However, this strategy is very risky and requires careful research.
Nelson Maynard Fisher once helped a family recover from financial hardship by creating a tailored investment plan that not only stabilized their finances but also secured their future.
Odd that he’s investing in BATS s the UK is banning smoking entry for a specific age group which will cause a decline in profits from the Uk and a possible contagion to other countries should their governments think this is a vote winner.
If I owned garbage like that I'd be selling it as fast as I could all of it too. I'll be buying deep out of the money puts on the major indexes each and every month starting this middle of September.
gold is a great inflation hedge if you think in decades instead of quarters. when interest rates are 3x inflation, it wont keep up, but then the money supply triples, it will catch up. biden, Lincoln, Napoleon and Caesar all buy a new outfit with a one ounce gold coin.
buying individual gold miner or gold streamer stocks is better than buying physical gold or spot gold etfs. Better performance and more cost effective. my recommendations: GFI or WPM
Gold actually has done MUCH worse then those charts show. Take a look at an inflation adjusted chart of gold's price, gold has STILL not surpassed it's inflation adjusted all time high set in the very early 1980's. And worse yet, if you held gold all that time you'd owe taxes on all of those fictional "gains" that are really just inflation. Plus those numbers also show that the gold is likely near the all time inflation adjusted high that it will ever achieve due to the current inflation fears that both those periods have in common.
"gold just sits there and looks pretty"... This is just ridiculous, stopping the video after hearing it. Cant believe video has this many likes. Educate yourself on gold
I try to listen to contrary opinions as the market is in a bullish phase. However, Burry seems to be a perma-bear who has forecasted eight of the last three recessions. Also, I can't agree with investing any money in China when their auditing processes are so suspect.
I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
burry is too quick to see doom, and the older he gets the more he sees shadows of monsters. we're about to enter the very early stage of a long term easing and growth cycle. might be the last one before ai takes over, and it will be the biggest.
Exactly, we were averaging 4 recessions every decade on the gold standard and had to abandon it a bunch of times and clowns still want to go back to that
@@grimaffiliations3671 But now, we get fewer but bigger recessions. Recessions are a necessary evil to remove the inefficiencies out of the economy. Instead, we pay for these constant economic bailouts with a weaker currency, higher costs, and record personal, government, and corporate debt.
@@toinengwyn3935 not true at all, none of our recession since we left the gold standard have been as bad as the ones we had while on the gold standard. Otherwise they'd be called depressions, and depressions are a relic of the gold standard era
Let our sponsor BetterHelp connect you to a therapist who can support you - all from the comfort of your own home. Visit betterhelp.com/hamishhodder and enjoy a special discount on your first month.
oh the one that says that they have been doing therapy forever?
Better Help is a scam, change sponsors.
Thanks a lot, How do you about BATS?
Can we start calling them Ad Placements instead of Sponsors?
Seems more accurate in the Oxford Dictionary...
You know there are pictures of the real Michael Burry, instead of using the actor Christian Bale.
Michael Burry doesn't look like Michael Burry in real life. You gotta use Christian Bale.
That won't affect the outcome.
Be quiet.
@@Annihilate3275 Never!!!!
@@conradmaclean4073 I was speaking to the assclown that made the original pointless comment.
The financial sector and derivatives may have a Hindenburg moment if the US Treasury market collapses.Rising market illiquidity in the $14.8 trillion U.S. Treasury market, according to Bank of America, might affect other financial markets.
We face a new challenge every day. The new normal is this. We now see that this is the new normal and must adjust, having initially believed it to be a catastrophe. Across the country, this year will be quite painful economically.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Impressive! I've actually been looking into advisors lately, the news I've been seeing in the market hasn't been so encouraging, who's the professional coaching you?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
BATS didn't slash their dividend. There was a stock split and they started to pay every quarter instead of twice a year. The dividend has not been reduced for the last 25 years,
yeah he should have known that
"Gold has no intrinsic value"? What about its use in electronics and jewelry--not to mention that its malleability and resistance to tarnishing make it an ideal form of money.
Ehm sorry Gold is money actually
Most gold isn't used. Most sits in vaults. It really doesn't get used. Now silver. Well we cannot have today's society without silver.
@@KoDeMondo Gold is not money. It never was.
I think he means productive value
@@ShreendgGold is money because it has intrinsic value in this case like all precious metals it comes in the form of the source being finite. What the world perceives as “money” today isn't money at all but currency. More specifically fiat currency which means its backed by nothing. It perceived value comes from consumer confidence which is financial speak for “I think therefore it is.”
This kind of repetitive content, trying to predict a crash because Michael burry burped or sneezed, is getting really annoying, seriously, it has been the same thing for years now.
For gods sake do something original already
When berkshire decides to sit on 180 billion in cash it should raise your eyebrow. It might not happen in the next 2 years but I doubt we have to wait another 5. Worth a thought.
@@Christoffer424 A crash is unlikely while the government continues to support private sector balance sheets with deficits
Exactly, you'd think his other failed predictions would stop people treating him like a prophet but i guess not. If you want a market predictor with an actual good track record check out a guy called Mike Norman on here
@@Christoffer424 yes but if you check previous years, Berkshire has been progressively holding more and more cash on hand for the past decade or so.
It could be them preparing for something
It could be a function of the company growing
It could be a function of inflation
It could be just a good business practice
And i think its most likely all of the above.
Bottom line is, nothing has really changed or happened that requires a new video about it.
Of course i understand its a way to keep the channel going and growing
But it really is getting too much.
Of course nobody owes anything to me, im just saying i used to love this channel, but now im mostly let down every time i see a new but not so new video
We can't predict a crash, but that doesn't mean we can't position ourselves with regards to the market level if you think that the level is fair at the moment or overvalued.
One thing to keep in mind with gold is' it goes up in value versus the dollar because the dollar depreciates. When the Fed says its pegging inflation at 2% they are telling you, that they are depreciating the dollar by 20% over the next 10 years.. Thats if you believe the Governments numbers. So it takes more dollars to buy the same amount of gold. Of course speculation, manipulation through the paper market, supply and demand all play a factor but if you compare gold to the stock market it does do better. If your stocks (say during the housing crash of 08) drop 50%; how much and how long does it take you get back to even? I will take my 25% spikes in Gold (every bubble) over the 15 years it takes you to make back your lost 50% in the stock market. When the stock markets are crashing Gold is spiking due to market nervousness. Look at the historical price of gold over a 100 years. The notion that Gold has no intrinsic value is just plain false as its also used in manufacturing and has never gone to 0. Now that Gold is used in electronics makes it even more valuable. You are conflating compound interest on a stock from dividends and saying Gold has no intrinsic value. Gold has its own Compounding just with the fiat currency constant depreciation. I don't care if its 2% or 8% inflation your dollar is losing its value. Its why Gold was 300+ an oz in the 70's/80's and is closing in on $2500/oz now. Show me a situation where gold drops back to $300/oz?
I think what you may be missing about Gold is that it is not an investment exactly. It is money. It is money that does not devalue with inflation, like all paper money in circulation. So when inflation strikes the goods and services you can buy with paper money decreases in line with inflation. Whereas priced in Gold, the goods and services are not more expensive. If this thesis is correct, then while Gold is not productive and does not have a 'yield', compared to paper money it does have a yield, which is the inflation rate.
He is always betting on a collapse lol
Keeps trying to relive that high school touchdown
He will have the Last laugh.
That’s what I was gonna say!. lol he said this in 22 a bunch.
Kind of his gimmick yo
Well everyone kicks can forward instead of looking to a mirror and take a hit. Each time problem comes bigger and bigger. When or what makes it eventually break is always a surprise for everyone
Whether or not Burry is a perma-bear as some like to say on here, I like the approach he takes to stock-picking. It’s refreshing and helpful to see his 13F filings as I’ve made a few decisions very similar to his in the past couple of years. Turned out well so far but you do have to be more active on these picks than the average investor would like.
This will be his 3rd collapse call in 2 years. Of course you'll be right if you call it every year
8th
Most people over-read into what he does. He is a value investor, so will always put money into things he thinks is undervalued. People often think it’s because he’s predicting some macro event.
It takes years for a macro correction to occur. He’s been calling it since 2021-2022 and housing prices, at least here in FL are at the same price as they were 2 years ago and not selling. Inventory is spiking here and quite a few American manufacturers from John Deere to small machine shops are laying people off. Something is coming.
@@IAmNotMitchwhat about housing prices in Fl now? Def been a reduction when compared to last summer at this time
@@cassandraleaman850 100% reread what I wrote, I stated it just takes time for macro corrections to occur. Housing prices are dropping in FL.
Every tweet he makes it’s just material for you guys. As soon as he predicts another collapse you guys run and make a video about it. I get it… he’s a genius for seeing the 2008 collapse ahead of everyone else. But other than that, what other genius moves has me made? He’s a very odd investor, very unpredictable. Goes all in on a particular stock and then 3 months later completely exits his position. Forever he will be a legend for predicting the housing bubble and a lot of people follow him to see whats his next prediction is and also for RUclipsrs to make another video on what he said or on what he just tweeted.
BATS didn´t cut their dividend in 2017. They changed from 2 dividend payments a year, to 4.
They also did a stock split.
They are 1 year away from being a dividend aristocrat and they have an interesting payout ratio compared to their free cash flow.
Nice video despiste that error !!!
Keep them coming.
Was about to ask about that, thanks. The chart clearly goes down by half but hits twice as often, for (about) the same annual dividend.
Great video! I really enjoyed this topic
in germany i just call my bank order the amount of gold and i get it within the day or the next.
I love how so many are so terrified of a crash they can only lash out and make fun of people. Most here have only seen stocks go up in theur trading lives. Most are so scared of what is coming and cannot be stopped. Its ok when something really bad happens most people scream or freeze and do not know what to do. Few will act instantly accordingly. Most would rather never think of bad things that can happen. Me i prefer to be prepaired for alot. My family refuses to speak of any of it. Thats ok because my kids will be stronger for it and will benefit from their dad not being afraid to think critically
Spot on
Doesn't he always?
yup
how about now
Gold and silver in measured in troy ounces not standard ounces. And 400 troy oz works out to roughly 12.5 kilos or 27.5 pounds.
Banks are buying gold and other Precious Metals because of they have remained stable or appreciated in this shambolic times with these banks collapsing, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
Your CPI graph with gold. Was CPI calculated with 1985 rules like should or new rules which is not really showing inflation…?
Oups!
Interesting that you would compare GC to the consumer price index.
Been years since i posted on your channel. I think gold is more or less a hedge against your own currency and a insurance incase your currency goes to the dumps. Sort of like whats happenijg to the japanese yen, they saw its value fly to the moon whereas usa has not. Citizins in mayanar and turkey probably are probably glad they own some of that yellow metal
What website has this information
Gold is not taxed, at least where I live.
Like the new sponsor - well done
2:27 a “verse” is a poem or structural part of a song. Try “versus”.
Isn't that $80m+ secret position just his investments in water in one way or another whether direct or indirect?
In monetary history, 100% of currencies fail (100%!!! Since the Roman times) When it does, you want to own gold/silver because is real money, not fiat money. Or you want to use gold/silver to exchange for the new currency (if happens).
Can you talk potentially about resources like GOLD/Palladium but as ETFs? Is there a real deal with not "owning" the physical gold?
Question how many has he got right ,i belive majority of is predicted were wrong
But when he was right he went big, probabilities are a thing Afterall
yeah, he predicts crashes pretty much every year
1
Stock symbol in USA is BTI. It is listed in US.
The worse conditions get, the more people will smoke (and drink) I guess. I actually bought Japan Tabacco a during the pandemic because they send stockholders with over 100 shares a big box of instant ramen and they were yielding over 5%. They dipped 25% when Japan cut ties with Russia but now they've doubled in value and are still yielding. They are going to stop sending ramen next year though, so...
Misleading title- bait and switch.
how about now
Not sure how gold is taxed in your country. In Germany it's tax free after 1year. Meaning we do not pay 25% capital gains tax. include this vs. your dividends and gold offers you a 10 to 12% real performance
Great podcast👍
for gold you have to use troy ounce....
It's an ad for gold
some say Gold and Land are real assets
In 72 Gold was worth $50 an ounce
An ave home about $30,000 on 1200 sqM
Roll on 2024 and Gold in Oz tops $3800 pacific pesos a troy ounce
and an ave house sits @ $850,000
The house will earn $35,000 rent per annum
so who needs to work in an Ezy livin joint like Ore Stray lee a?
Sad to see you taking sponsorship from better help, I'm not certain you've done your due diligence on them.
Always the tech bros saying gold doesn’t do anything lol. Electricians along with every rational thinker is laughing right now
Between stocks being taxed and added fees, gold is probably even with the market. Gold probably represents the true inflation rate.
Gold is not an inflation hedge.
Its probably cash he'll scoop up company's after a crash, Buffet has a large cash position as well. They are planning something.
BTI also produces Velo which is becoming more popular.
From last 4 years he is doing production nothing happening 😅
What is the best stock to short?
I buy deep out of the money puts on the major indexes each month awaiting a stock market collapse far worse than the 89 percent drop top to bottom from the '29 crash. I look in the mirror each morning and pat myself on the back for being so intelligent.
His gold investments are because of Basel 4 new guidelines implementationin 2023. International Big Banks should have some precious metals as reserve/CAR.
He's betting that banks will need more gold in bad times (huge NPL Inceease) and good times.
He is not bank he is hedge fund
@@innosanto oh, that's why you're not in this industry.
He didn't buy it because of regulations, he bought it because the big fish had to buy it and keep buying it in the future.
Better help therapist aren't always licensed they are basically scamming people, please do a better check on your sponsors
Why am I not surprised.
Gold prices is highly manipulated tho
What if instead of one investor... show more like five investors, like warren buffet.
secret part of portfolio is in water
When the dollar goes down gold goes up..
Why is this guy anywhere near the market right now with almost $200 mil?
He will go bankrupt betting against the market this time.
I guess he is hoping for high returns if the stock rebounds.
Some investors might also have insider knowledge or use it to diversify their portfolio. However, this strategy is very risky and requires careful research.
You're right when you said it's risky !
That's why it's nice to get accurate data from a good financial analyst like Nelson Maynard Fisher.
Is he that good?
Nelson Maynard Fisher once helped a family recover from financial hardship by creating a tailored investment plan that not only stabilized their finances but also secured their future.
Doesn’t mean it’s not coming but he’s been thinking this for a while
Odd that he’s investing in BATS s the UK is banning smoking entry for a specific age group which will cause a decline in profits from the Uk and a possible contagion to other countries should their governments think this is a vote winner.
If I owned garbage like that I'd be selling it as fast as I could all of it too. I'll be buying deep out of the money puts on the major indexes each and every month starting this middle of September.
This aged pretty well !!! sitting here on Black Monday
One success doesn’t make an expert
Gold usually have a negative beta
Honestly speaking I highly respect Dr. Burry. He's been right on many occasions throughout his career but his market timing sucks.
how do you know burry holds bats?
You are a hoss. Peace!
First 😂
Always love Michael Burry stock analysis! Thanks
Silver always out performs gold
Does it matter? He is a billionaire?
gold is a great inflation hedge if you think in decades instead of quarters. when interest rates are 3x inflation, it wont keep up, but then the money supply triples, it will catch up. biden, Lincoln, Napoleon and Caesar all buy a new outfit with a one ounce gold coin.
europe buying back gold big time. eastern europe esp. poland cz austria germany
Yield curve inverted for 2 years now. Still waiting for this crisis. Yawn. Soon....
The crisis unfolds when the yield uninverts.
buying individual gold miner or gold streamer stocks is better than buying physical gold or spot gold etfs. Better performance and more cost effective. my recommendations: GFI or WPM
Your show is insightful, your ‘better help’ way too long.
Always short and then spread negativity
Curious, please like or dislike to show your opinion,
Are we currently in a bubble?
Gold actually has done MUCH worse then those charts show. Take a look at an inflation adjusted chart of gold's price, gold has STILL not surpassed it's inflation adjusted all time high set in the very early 1980's. And worse yet, if you held gold all that time you'd owe taxes on all of those fictional "gains" that are really just inflation. Plus those numbers also show that the gold is likely near the all time inflation adjusted high that it will ever achieve due to the current inflation fears that both those periods have in common.
You’ve got to be high. The charts clearly show that gold has increased in value…
"gold just sits there and looks pretty"...
This is just ridiculous, stopping the video after hearing it. Cant believe video has this many likes. Educate yourself on gold
Buy cheap sell high.
Betting on China
No burry, i'm not strong enough for another.
Video went from burry thoughts to gold analysis.
Stick to topic
Michael Burry’s market collapse announcement for the n th time … sheeesh
Im proud to be part of the 0,1% of under 18
I try to listen to contrary opinions as the market is in a bullish phase. However, Burry seems to be a perma-bear who has forecasted eight of the last three recessions. Also, I can't agree with investing any money in China when their auditing processes are so suspect.
If predictions were 100% right you would be just stating the obvious.
I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
Burry is a perma bear. I don't think following his lead is a good option for long term retail investors.
Agreed, he ll predict it 5000 times, be wrong 4999 times and the last time he is right he will say shit like i saw it coming and i warned everyone
Holy fucking shit
burry is too quick to see doom, and the older he gets the more he sees shadows of monsters.
we're about to enter the very early stage of a long term easing and growth cycle. might be the last one before ai takes over, and it will be the biggest.
Don't worry he's betting on China 🤣
Guy is the definition of a broken clock
He’s predicted 37 of the last 2 recessions correctly to be fair
Guess he’s finally lost his mind. The gold standard didn’t work, that’s why we’re here.
“The government told me that government is good during my government school , how could anyone say it’s bad?!”
Exactly, we were averaging 4 recessions every decade on the gold standard and had to abandon it a bunch of times and clowns still want to go back to that
@@grimaffiliations3671 Wow that makes sense because gold would fix liquidity and ability to print new money.
@@grimaffiliations3671 But now, we get fewer but bigger recessions. Recessions are a necessary evil to remove the inefficiencies out of the economy. Instead, we pay for these constant economic bailouts with a weaker currency, higher costs, and record personal, government, and corporate debt.
@@toinengwyn3935 not true at all, none of our recession since we left the gold standard have been as bad as the ones we had while on the gold standard. Otherwise they'd be called depressions, and depressions are a relic of the gold standard era
AVD
Oh fun fact. Everyone sais nothing can happen before the election. That makes me pay attention for sure
1980, 2000, 2008 - I don’t know where that idea comes from. Because the opposite seems to be true
do the opposite
Overrated😂😂
He’s been betting on a recession since 2018
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