@@MarketDisruptors1 Hi Mark , how about you host/moderate a debate between Luke and Doomberg regarding whether or not we are at cheap peak oil. Doomberg disagrees and I can't decide who makes the better argument.
United States between 1933 and 1974. On April 5, 1933, President Franklin D. Roosevelt signed an executive order that essentially criminalized the possession of gold.
@@sunny051488 "inflation" is the debasement of currency that applies to everything and everyone. What is your point? Keeping cash in the bank or investing in properties or stocks do not ????
To attempt to balance the books, USA should revalue it's 8,133 tons of gold which is currently valued at $42.22 per troy oz. A ridiculous valuation method when it should be priced at $2,460 per oz. This assumes of course that they still own 8,000 plus tons.
yup, they refuse to do an audit in fort knox and on wall street 33, in london the inspectors found a disturbingly high amount of fake lbma gold bars filled with tungsten...so really curious how this will end....we might know very soon.....
I don’t get how gold a global liquid asset can be unilaterally reevaluated by the US. Say US deems gold to be $20K per ounce-would the rest of the world accept this?
It's just a book value for accounting/balance sheet purposes. The US currently values it's gold holdings at something like $43/oz. They could easily revalue it (just like FDR did in 1933) and if they do.....POOF...all of a sudden the USA has more dollars in Fort Knox than they did last year, which makes their financial position much better. One might even argue, they SHOULD mark their gold to market. This is assuming they actually have any gold left. WHo knows
@@meddlehedd1194 ok but the rest of world just automatically accepts this? If the US tries to sell gold they demand price of $10K per ounce but market value at the gold exchange shows $2.5k. How does that work out?
@@Mdaddy4 They wouldn't sell it at $10,000 obviously. All it really amounts to is the USA justifying to itself that they can print more money (devalue the dollar) by saying "we actually have more money in our savings account that we said previously therefore we can spend more". Remember when the DOJ recently found Trump guilty of over valuing his real estate assets so he could borrow more money? Same thing. Would the rest of the world accept this? Well I expect they would see it for what it is....a devaluation of the US dollar and I expect they express their displeasure by buying even fewer US treasuries and driving the dollar down even further. It;s just an accounting trick to print money and use that money to pay down debt. I might argue revaluing gold to current market price is not that bad....but revaluing it to $10-$20k?.....well f everyone dumped US treasuries and bought gold instead me might soon see a $10,000 gold spot price.
@@Mdaddy4apparently countries were pressured to either devalue accordingly to keep currency parity or force deflation on their economy because of relative loss in competitiveness because their exports are now more expensive. In the 1930s
Excellent discussion. Luke does such a good job of painting variations of "the big picture", you'd think he was an AI designed to churn out beautiful economic paintings of each debt default variation instantly.
Mark, if you “are always bullish on productivity” I suggest you read Steinbeck- Grapes of Wrath to gain perspective on what happens when low skilled laborers are displaced by technology. It’s not just a blip down in standard of living and they get new jobs. You get the dust- bowl- Okies: largest human migration in North American history.
A lot of people do not understand that very soon, most the population won't need to work. A couple hundred years, then eventually a post scarcity society. The industrial revolution was the first step, and computer revolution second, and the quantam the third. Absolutely clueless and anyone that reads post scarcity sci fi understands this. Some people literally can't imagine the future. The two last automation moves are brains first, and then brains and fine movement aka robots. Well AI, while I'd say is about 10 years from being massive disruptive, is already starting in things like marketing and lots of creative business work paradoxically. Its making supply vastly outpace demand with all these marketers productivity going up a ton, eventually they'll be driving uber, until of course that is no longer viable.
Great conversation. Sounds like long term gold is heading higher. I respectfully disagree about labor taking a larger share and wages growing faster. Companies will automate as much as possible to keep their margins high.
Mark Moss has not realized that he bought into the same hype that has brought us the giant asset bubble. He thought patterns, views and assertions are no longer current. Gromen gently exposed that.
You should discuss whether a USD debt default is inflationary or deflationary with Robert Prechter. I don’t trust the elliot wave system as a forecasting tool as it is way too open to bias , but he wrote a book on how to ‘conquer the crash’, and although his timing has been bad he makes a very strong and contrarian argument about the USD if the US defaults
Thank you for a great video. financial education is what the world needs most right now. I studied and researched about crypto and stocks for a while and got stuck on the learning curve. Thanks to Loraine Souvenir program, i've grasped trading concepts, boosting my earnings through her daily signals and insights.
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
The beauty of her approach is her dual focus: while she aggressively pursues profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.
Nice to see this here. A lot of folks downplay the role of advisors until they’re burned by their own emotions-no offense. I remember last year, I needed a good boost to help my business stay afloat, so I researched licensed advisors and thankfully came across Loraine. She’s helped grow my reserve, despite inflation, from $152k to nearly $1m as of today..Her insights and daily siignals are worth following.
The U.S. government isn't secretly rooting for a gold price explosion, especially since we're off the gold standard and gold is primarily centralized. With the massive counterfeiting by central banks, they’re more likely interested in maintaining control over fiat currencies. Gold, being a tangible asset, poses a threat to the stability of the fiat system they've built. Recent central bank buying sprees only highlight their intent to hedge against the fiat system's vulnerabilities, not to promote gold as a mainstream currency alternative.
Problem with most intellectuals; They forget that; 1. As long as we are physical, we have physical needs and cant exist solely in the info world, so cyberspace and physical have to co exist 2. We not all born with same talents, so out of favour talents become disadvantaged, and eventually social ibstability.
Luke should address possibility of US doing some combination of deflationary actions like cutting spending/raising taxes and inflationary actions like money printing. He assumes they are mutually exclusive. Moreover, wouldn’t that approach have some advantages?
Luke Gromen's macro view summarized "We need a one time rapid devaluation of our currency of 50-75%" 😃 Problem is if governments keep doing massive deficit spending (in real GDP terms) government deficit and debt will keep growing eternally.
Just do it for the future of the country -- a non-partisan issue. --> will not incentivize illegals to cross the border and baby spit. Amend `U.S. Citizenship By Birth.` "Citizenship by birth" should be granted only to children born to U.S. citizens and permanent residents. In addition, at least one parent must be a U.S. citizen or a permanent resident (Green Card Holder). Children born to a person under any other visa (temporary - H1B/L1, etc.) category and those illegally residing in the U.S. should NOT be granted automatic Citizenship by Birth. England did the same in 1983.Post this on the door of every member of Congress in your state and all concerned voters in the community.
Why would the dollar fall in purchasing power if the US defaults on some of its debt? 🤔 The USD is the reserve currency, dollars are still demanded for the repayment of all other other debts and since the US treasuries just defaulted then the principal and interest are both wiped out of the money supply which is deflationary not hyper-inflationary. And since this will cause deflation, people will want shorter dated treasuries that are now being issued with much lower interest rates which are much easier to repay, but because the interest rates are lower bond holders are getting less money which also deflationary, and since there is deflation banks won’t lend and private debts start defaulting too and people start saving and losing jobs etc etc If some small country defaults on its treasuries then sure it’s currency gets dumped and people swap it for USD, but if things are so bad the US can’t repay its debts then there is no where else to run other than shorter dated US treasuries with lower rates or even just holding USD cash
Repricing gold is a money printing, but so as QE. The question is why to reprice, instead of running another $5T round? Fed would keep gov debt on the balance, until inflation washes it down to the 60%
1:02:19 "over the last 13 years, BTC is up 150% and gold is up 4%"----I think you meant to say gold is up 40% not 4%? Also, since April 2021, BTC is down 5% and gold is up 40%. We can all cherry pick time frames.
'What I do is valuable'. Nobody in the Finance World is valuable. They are just intelligent enough to understand how to steal the value while people who sell Sweat for a living do not.
Have to think about automation and robotics in context of the re-industrialization of US economy. No path to re-industrialize without this. It will make higher wages much easier to absorb given massive productivity gains.
BS, they’ve suppressed the price for decades. America also doesn’t have the gold reserves people think, they stopped the gold audits for one reason and one reason only, vaults short or empty
Ending seems bad no matter what they do. Buying bonds with revalued gold will blow up the system even faster. Bitcoin will do the same as gold. Only difference is the Treasury already owns the gold, they would have to create massive amounts of dollars to purchase the Bitcoin. Hyper inflationary
The basic and very difficult hard labor part of manufacturing work will be performed by machines/robotics which will be different than the past. Probably...
Criminal illegal aliens. Not 'migrants'. Victims of police brutality are getting compensated in millions. So why not apply the same approach to crimes committed by illegals? Let's keep the DIMS busy this year. Victims of crimes committed by Illegal criminal Aliens living in the U.S should file a $50 billion class-action lawsuit against agencies at all government levels for failure to enforce existing laws. Proactively seek legal advice and engage in wholesale activism on the political front
We either prepare for our defense by spending money now and hopefully avoid war, (it's called deterrence); or we spend millions of lives in an actual war because we did not have deterrence working for us! This is obvious!
I used to think our Government were mad genius' playing 4d chess. Based off the events of this last decade and especially current events *cough cough price control talk cough*, I no longer believe that. The people running the show... ya... not genius', but certainly mad.
Hmm, bitcoin is a harder currency than gold? Really? Ask the Canadians Truckers about the banks shutting them out of their own accounts. If you dont hold it, you dont own it. And dont leave a paper tax trail.
Price to pay for not pro-actively managing the human population. To reach the 1st billion, it took from the beginning of humanity till 1900. So it took nearly 500,000 years or more for the human population to get the 1st billion. Since 1900, we have added another 6 billion and counting. So we added another 6 billion in just 123 years? Considering a finite amount of resources (including air and water) and land, what makes one think there will be no adverse impact of continued population growth?
DRC has 300+ Oil sites. Climate scams told em not to process because of climate. Venezuela has more oil than Saudi to serve the world. USA sanctioned them not to sell outside. Iran and so on and son. Bottom line, there are resources. And for Christ sake, not sure where u live, but wherever I go and drive country side, there are always more empty spaces than people. SO stop the non sens. If there are too many people, then u welcome to go out first, with all due respect.
Skilled trades will cease to exist in 100 years. The reality is most of us won't need to work in the future and we are in the process of that. Liberterians like Mark hate that for some reason lol.
Talk about reaching , stretching , say anything to get clicks, there is zero evidence gov is wanting gold higher, someone is regularly smashing the gold price with billions of dollars of contracts and in doing so they loose hundreds of millions, intentionally smashing it down. who could do that? who could take that loss? it is not legal for ordinary business entitles but the gov legally can and no one says a word, who could it be SMASHING gold not pushing it up? Click bait or no knowledge of the subject.
clueless? he's one of the best educators in this space about finance. ive learned more from him over the past 3Y than anyone else. his channel is a goldmine. what exactly is he clueless about?
Hmm, bitcoin is a harder currency than gold? Really? Ask the Canadians Truckers about the banks shutting them out of their own accounts. If you dont hold it, you dont own it. And dont leave a paper tax trail.
Thank you Mark for bringing on Luke Gromen. I really enjoy listening to his points of view.
Thanks for watching. Who would you like us to interview next?
@@MarketDisruptors1Joseph Wang ☺️
@@MarketDisruptors1 Hi Mark , how about you host/moderate a debate between Luke and Doomberg regarding whether or not we are at cheap peak oil. Doomberg disagrees and I can't decide who makes the better argument.
How about Balaji Srinivasan?
United States between 1933 and 1974. On April 5, 1933, President Franklin D. Roosevelt signed an executive order that essentially criminalized the possession of gold.
IT CAN HAPPEN AGAIN...THE GOV> IS THE PROBLEM FULL STOP
Some people still worship that POS too.
Nobody has ever seen Luke Gromen and Dana White in the same room.
👀
Over the last 15 years Gold has increased 237%
and is stil undervalued
USD$ has devalued by some 237% relative to gold is probably what Kevin meant to say......
$2500 today and $950 15 years ago...therefore the price is 237% higher but it has only increased about 160%
Now adjust that for inflation
@@sunny051488 "inflation" is the debasement of currency that applies to everything and everyone. What is your point? Keeping cash in the bank or investing in properties or stocks do not ????
Bond holders are toast.
Great show! The Oracle of Ohio. Luke, you the man!
Luke always make sense...
To attempt to balance the books, USA should revalue it's 8,133 tons of gold which is currently valued at $42.22 per troy oz. A ridiculous valuation method when it should be priced at $2,460 per oz. This assumes of course that they still own 8,000 plus tons.
yup, they refuse to do an audit in fort knox and on wall street 33, in london the inspectors found a disturbingly high amount of fake lbma gold bars filled with tungsten...so really curious how this will end....we might know very soon.....
Whatt? Its 2400odd now
Thank you Mark and Luke!
Luke is the F-ing goat. Invest accordingly. 🐐🐐🐐
I don’t get how gold a global liquid asset can be unilaterally reevaluated by the US. Say US deems gold to be $20K per ounce-would the rest of the world accept this?
Well yes, look who owns it. Most countries have a big amount it . And all become debt free
It's just a book value for accounting/balance sheet purposes. The US currently values it's gold holdings at something like $43/oz. They could easily revalue it (just like FDR did in 1933) and if they do.....POOF...all of a sudden the USA has more dollars in Fort Knox than they did last year, which makes their financial position much better. One might even argue, they SHOULD mark their gold to market. This is assuming they actually have any gold left. WHo knows
@@meddlehedd1194 ok but the rest of world just automatically accepts this? If the US tries to sell gold they demand price of $10K per ounce but market value at the gold exchange shows $2.5k. How does that work out?
@@Mdaddy4 They wouldn't sell it at $10,000 obviously. All it really amounts to is the USA justifying to itself that they can print more money (devalue the dollar) by saying "we actually have more money in our savings account that we said previously therefore we can spend more". Remember when the DOJ recently found Trump guilty of over valuing his real estate assets so he could borrow more money? Same thing. Would the rest of the world accept this? Well I expect they would see it for what it is....a devaluation of the US dollar and I expect they express their displeasure by buying even fewer US treasuries and driving the dollar down even further. It;s just an accounting trick to print money and use that money to pay down debt. I might argue revaluing gold to current market price is not that bad....but revaluing it to $10-$20k?.....well f everyone dumped US treasuries and bought gold instead me might soon see a $10,000 gold spot price.
@@Mdaddy4apparently countries were pressured to either devalue accordingly to keep currency parity or force deflation on their economy because of relative loss in competitiveness because their exports are now more expensive. In the 1930s
The FORCE Luke, use the FORCE 😎👍🏽
Will RUclips talk about the mint not making eagles
Excellent discussion. Luke does such a good job of painting variations of "the big picture", you'd think he was an AI designed to churn out beautiful economic paintings of each debt default variation instantly.
Forests for the trees :D
Mark, if you “are always bullish on productivity” I suggest you read Steinbeck- Grapes of Wrath to gain perspective on what happens when low skilled laborers are displaced by technology. It’s not just a blip down in standard of living and they get new jobs. You get the dust- bowl- Okies: largest human migration in North American history.
A lot of people do not understand that very soon, most the population won't need to work. A couple hundred years, then eventually a post scarcity society. The industrial revolution was the first step, and computer revolution second, and the quantam the third.
Absolutely clueless and anyone that reads post scarcity sci fi understands this. Some people literally can't imagine the future. The two last automation moves are brains first, and then brains and fine movement aka robots. Well AI, while I'd say is about 10 years from being massive disruptive, is already starting in things like marketing and lots of creative business work paradoxically. Its making supply vastly outpace demand with all these marketers productivity going up a ton, eventually they'll be driving uber, until of course that is no longer viable.
Great conversation. Sounds like long term gold is heading higher. I respectfully disagree about labor taking a larger share and wages growing faster. Companies will automate as much as possible to keep their margins high.
Mark Moss has not realized that he bought into the same hype that has brought us the giant asset bubble. He thought patterns, views and assertions are no longer current. Gromen gently exposed that.
You are an absolute legend Mark! Well done, thanks for the interview and also Luke's intelligence is awesome
Excellent video. Great information.
Luke is an absolute legend!
Thank you both for your work! 🙏
Really enjoyed the large point of view and rationale!
You should discuss whether a USD debt default is inflationary or deflationary with Robert Prechter. I don’t trust the elliot wave system as a forecasting tool as it is way too open to bias , but he wrote a book on how to ‘conquer the crash’, and although his timing has been bad he makes a very strong and contrarian argument about the USD if the US defaults
Thank you for a great video. financial education is what the world needs most right now. I studied and researched about crypto and stocks for a while and got stuck on the learning curve. Thanks to Loraine Souvenir program, i've grasped trading concepts, boosting my earnings through her daily signals and insights.
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
The beauty of her approach is her dual focus: while she aggressively pursues profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.
Nice to see this here. A lot of folks downplay the role of advisors until they’re burned by their own emotions-no offense. I remember last year, I needed a good boost to help my business stay afloat, so I researched licensed advisors and thankfully came across Loraine. She’s helped grow my reserve, despite inflation, from $152k to nearly $1m as of today..Her insights and daily siignals are worth following.
Luke is 😎 He helped me understand money...😊
"young people without jobs, they protest and riot" see Great Broken i mean Britain lol
And they haven’t started in China….but they will
Thanks Mark and Market Disruptors
Thanks for whatching!
The U.S. government isn't secretly rooting for a gold price explosion, especially since we're off the gold standard and gold is primarily centralized. With the massive counterfeiting by central banks, they’re more likely interested in maintaining control over fiat currencies. Gold, being a tangible asset, poses a threat to the stability of the fiat system they've built. Recent central bank buying sprees only highlight their intent to hedge against the fiat system's vulnerabilities, not to promote gold as a mainstream currency alternative.
Interesting take. So what are your thoughts on gold price in the coming years then?
Great Talk!
Problem with most intellectuals;
They forget that;
1. As long as we are physical, we have physical needs and cant exist solely in the info world, so cyberspace and physical have to co exist
2. We not all born with same talents, so out of favour talents become disadvantaged, and eventually social ibstability.
Luke should address possibility of US doing some combination of deflationary actions like cutting spending/raising taxes and inflationary actions like money printing. He assumes they are mutually exclusive. Moreover, wouldn’t that approach have some advantages?
Luke Gromen's macro view summarized "We need a one time rapid devaluation of our currency of 50-75%" 😃
Problem is if governments keep doing massive deficit spending (in real GDP terms) government deficit and debt will keep growing eternally.
Just do it for the future of the country -- a non-partisan issue. --> will not incentivize illegals to cross the border and baby spit.
Amend `U.S. Citizenship By Birth.` "Citizenship by birth" should be granted only to children born to U.S. citizens and permanent residents. In addition, at least one parent must be a U.S. citizen or a permanent resident (Green Card Holder).
Children born to a person under any other visa (temporary - H1B/L1, etc.) category and those illegally residing in the U.S. should NOT be granted automatic Citizenship by Birth.
England did the same in 1983.Post this on the door of every member of Congress in your state and all concerned voters in the community.
Why would the dollar fall in purchasing power if the US defaults on some of its debt? 🤔
The USD is the reserve currency, dollars are still demanded for the repayment of all other other debts and since the US treasuries just defaulted then the principal and interest are both wiped out of the money supply which is deflationary not hyper-inflationary. And since this will cause deflation, people will want shorter dated treasuries that are now being issued with much lower interest rates which are much easier to repay, but because the interest rates are lower bond holders are getting less money which also deflationary, and since there is deflation banks won’t lend and private debts start defaulting too and people start saving and losing jobs etc etc
If some small country defaults on its treasuries then sure it’s currency gets dumped and people swap it for USD, but if things are so bad the US can’t repay its debts then there is no where else to run other than shorter dated US treasuries with lower rates or even just holding USD cash
Prepare yourself, buy physical gold now.
I learn more from you tubers than main stream media outlets . With mainstream media anchors keep interrupting their guest
Really?
Repricing gold is a money printing, but so as QE. The question is why to reprice, instead of running another $5T round? Fed would keep gov debt on the balance, until inflation washes it down to the 60%
Thanks mark
Thanks for watching!
Exciting times for Versidium - partnerships with major industry players are unlocking new possibilities. This presale rocks...
Just love you bald open minded perspective... bravo!
Sure they are if it's spelled CBDC!
Smart men
Gold/Yuan/Oil arbitrage is very interesting
No they are suppressing price last 50 years
1:02:19 "over the last 13 years, BTC is up 150% and gold is up 4%"----I think you meant to say gold is up 40% not 4%? Also, since April 2021, BTC is down 5% and gold is up 40%. We can all cherry pick time frames.
Gold goes back thousands of years... hence why it is the trusted safe haven asset.
Btc is for speculation and price volatility.
'What I do is valuable'. Nobody in the Finance World is valuable. They are just intelligent enough to understand how to steal the value while people who sell Sweat for a living do not.
Luke 💪
Have to think about automation and robotics in context of the re-industrialization of US economy. No path to re-industrialize without this. It will make higher wages much easier to absorb given massive productivity gains.
great to see McConaughey and Bezos talking about bitcoin
silver
BS, they’ve suppressed the price for decades. America also doesn’t have the gold reserves people think, they stopped the gold audits for one reason and one reason only, vaults short or empty
Versidium has at least 50-80x potential for 2024. Don´t ignore this project.
Ending seems bad no matter what they do. Buying bonds with revalued gold will blow up the system even faster. Bitcoin will do the same as gold. Only difference is the Treasury already owns the gold, they would have to create massive amounts of dollars to purchase the Bitcoin. Hyper inflationary
The basic and very difficult hard labor part of manufacturing work will be performed by machines/robotics which will be different than the past. Probably...
Nice Shattered Backboards!
They just need to tell Dimon to leave it alone.
Versidium’s ecosystem is exactly what the crypto space needs.
They could easily cut the military budget by 90 to 95%
And go solar...and in the mean time drill..for oil..but that ...would be too sensical
Criminal illegal aliens. Not 'migrants'. Victims of police brutality are getting compensated in millions.
So why not apply the same approach to crimes committed by illegals?
Let's keep the DIMS busy this year.
Victims of crimes committed by Illegal criminal Aliens living in the U.S
should file a $50 billion class-action lawsuit against agencies at all
government levels for failure to enforce existing laws.
Proactively seek legal advice and engage in wholesale activism on the political front
And get rid of the Federal government and Federal taxes. States self rule would be MUCH more fiscally transparent and accountable.
We either prepare for our defense by spending money now and hopefully avoid war, (it's called deterrence); or we spend millions of lives in an actual war because we did not have deterrence working for us! This is obvious!
@@JohnLin-kg5eu every blade of grass
Why not privatise the Fed and let Treasury take over the mandates for employment and prices?
In a winners and losers situation….where did you think Cleveland falls?
I used to think our Government were mad genius' playing 4d chess. Based off the events of this last decade and especially current events *cough cough price control talk cough*, I no longer believe that. The people running the show... ya... not genius', but certainly mad.
Faster is not better.
No way Mark 😮
Hmm, bitcoin is a harder currency than gold? Really? Ask the Canadians Truckers about the banks shutting them out of their own accounts. If you dont hold it, you dont own it. And dont leave a paper tax trail.
You don’t need a bank account if you have bitcoin 🥱 learn what bitcoin actually is before leaving nonsense in the comment section
duration trade is so yesterday. hahaha
You still need to produce something that people need not want.
Only way they would want that is if they had alot of gold
Go go gold for 20000$ 🎉
Haters will hate. ; they are either jealous or ignorant
Haters are people with too much time on their hands.
AI has changed my productivity for the better more than was possible without it
Can't we invest in real education and vocations technology jobs?
Versidium’s presale is the best opportunity of the year. Get involved now, or regret later!
Price to pay for not pro-actively managing the human population. To reach the 1st billion, it took from the beginning of humanity till 1900. So it took nearly 500,000 years or more for the human population to get the 1st billion. Since 1900, we have added another 6 billion and counting. So we added another 6 billion in just 123 years?
Considering a finite amount of resources (including air and water) and land, what makes one think there will be no adverse impact of continued population growth?
DRC has 300+ Oil sites. Climate scams told em not to process because of climate. Venezuela has more oil than Saudi to serve the world. USA sanctioned them not to sell outside. Iran and so on and son. Bottom line, there are resources. And for Christ sake, not sure where u live, but wherever I go and drive country side, there are always more empty spaces than people. SO stop the non sens. If there are too many people, then u welcome to go out first, with all due respect.
continued population growth? "WAR & JAB JAB BOOSTA...porblom solved" #new world order/UN/CFR/free masons
War, &J@B B00STA
This is why I say no to immigration from countries that can't manage their own birth rates.
Don't need to watch, if that was true jp Morgan wouldn't be slamming the comex every second night!
Skilled trades will cease to exist in 100 years. The reality is most of us won't need to work in the future and we are in the process of that. Liberterians like Mark hate that for some reason lol.
Investing in Versidium is like securing your financial future. This project is making crypto payments easier and more secure.
Talk about reaching , stretching , say anything to get clicks, there is zero evidence gov is wanting gold higher, someone is regularly smashing the gold price with billions of dollars of contracts and in doing so they loose hundreds of millions, intentionally smashing it down. who could do that? who could take that loss? it is not legal for ordinary business entitles but the gov legally can and no one says a word, who could it be SMASHING gold not pushing it up? Click bait or no knowledge of the subject.
ummm, gold is at all time highs. isn't that evidence?
Financialization leads to misallocation of talent. Yup. How many physicists and engineers took up Wall Street analysts jobs contributing nothing
Kudos to the team for Versidium's comprehensive ecosystem. Easy 50x soon.
Genesis 2:19-20…..God said gold was good…..along with night and day….. man….. not in that order…… Mark, what is that on your wrist?
Versidium presale is a must-watch. Early investors will reap the rewards very soon guys.
The VRS token is going to explode! Get in early, Versidium is a top-tier project with a bright future..
God. Mark Moss is clueless. U still have to make stuff people need or what.
clueless? he's one of the best educators in this space about finance. ive learned more from him over the past 3Y than anyone else. his channel is a goldmine.
what exactly is he clueless about?
He's an ok educator, but no great financial mind.
Oyeah? 25 milj Russians killed by its own people during ww2. Moss is brainwashed.
he is a clueless academic elitest no common sense
We have been finalizing our economy for 100 years. Whatmark does only hasvalue in that system. Real stuff will have value. @phisharkk
Major CEX listings incoming for Versidium, lock your position now before its to late..
Im with Charlie Munger Shit Coin 💩🪙
Hmm, bitcoin is a harder currency than gold? Really? Ask the Canadians Truckers about the banks shutting them out of their own accounts. If you dont hold it, you dont own it. And dont leave a paper tax trail.
It's absolutely insane that anyone would value a digital speculation over gold.