I am from Poland bet the Bankster myself without court. I am a plumber but self thought 2008 they shakes trees apple drops and they took them. I have not give up learn as much as could and enough to not be taken advantage of 12 year around not paying 30 years mortgage. I am LISTENING those now they are right remaind me stay on curse it has been streach long enough. This cannot go forever every time you go up must go down. Every apple will be ready to reap and grapes the same the fruits of the deception must come to an end.
I learned about gold, when my mom kept complaining about gold necklace prices going up every few years. (She likes to buy 22k or 24k necklance once a year.)
@@hereandthere6001 Traditionally men didn't wear wedding rings. Alasdair and Egon are old school. Ironically when men didn't wear wedding rings marriages used to last a lifetime usually.
@@ronaldmiller3619 Yes, you are right Ronald, but its been since the 1970s. In 2015, it became very very bad since the politicians let any criminal from the midle east in to Sweden, and using taxmoney in supporting them. It was totaly insane, but in fall 2022 we atleast got a new government, and its about stoping all the crazy deeds the red, green, but even blue politicians did to this country. Today I have a more positive outlook for Sweden.
@ 16: 00 Mr. MacLeod's point on the West making their own bed, of demise, & the BRICS not wanting to get involved, due to a probable rise, of miliatry conflict, is one of the most salient points, I have heard all year, on the {Wests} World's insanity. Great discussion.👍
Also, Mr. Von Greyerz point, towards the end, on quality of life worsening, once the gold price increases, due to the realisation, of what has occurred, is equally poignant.
It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.
@@richardhudson1243 Very true, I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@@maiadazz It's best you do your due diligence, I have my portfolio overseen by ‘Laurel Dell Sroufe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.
Thank You Alisdair & Friends, You Have Made Several Things Clear To Me. A True Wealth Of Knowledge. I Learn Something New Every Time I Listen to You, Thank You
These gentleman are sharing great information. One of them calls gold 'nature's currency'. The other one pointed out that gold just moves sideways and maintains value. That seems true and compelling in this environment. 8:30 Yellow Tie says "The west doesn't understand gold...the tradition of holding gold has been replaced by printing money. Central banks don't see the purpose of gold" and speculates that western central banks have less gold than they say they are holding while eastern central banks have more than they say. I'd be really interested in one of these guys outlining the most compelling bearish scenarios for gold. Take it from the man. 12:10 Pinstripe speaks about central governments pressuring intermediaries or custodians (is that the right word?) to follow political directives like transferring Venezuelan holding to someone else based on Venezuela not being 'legitimate'." It seems like this, how to say it, monetization of power, or...it's like they took something that was one thing, what you own, and made it into something else, something more like you 'own' this if you play by the rules, our rules. I heard this started with Iran in 2015 and then the big one was Russia and Ukraine. It just seems like it changes the calculus in a really big way for a lot of global players. 13:10 Host says 'weaponizing of the financial system', that's the phrase to describe it. The look of this show is really special. You've got two bonafide 'fat cats' on an expensive sofa with trade show banners behind them in some ambiguous junk space [see Rem Koolhaus] hotel lobby or convention center.. I get it, fine. Imagine them in a Manor house with strawberries and cream in front of them, drinking champagne, or some trading floor after the close with the Thames, far far below, in the background. 15:00 Yellow Tie is interesting. He says "I would love to see 'free gold' NOT backing any currency...that will lead to problems in my view...the ones who have the gold have the power...whether they back the currency or not is irrelevant, they will have the gold." The special thing about these guys is they seem legit but they are outside the US media angle which gets pushed so hard.. Really worthwhile, highly recommended 22:00 Yellow tie has been in gold for 25 years and says the good thing about it is you don't have to worry about the price. That's a pretty cool thing to think about. Then Pinstripe says "If you are worrying about gold you should be worrying about the dollar" and mentions that most central banks don't have reserves for their liabilities. Did I say that right. **Host uses a german phrase 'reaching into the pocket of a naked man' regarding central bank solvency. I keep enjoying these guys. Take it from the man.
The purchasing power of gold isn't that flat. Between 1971 and 1980 the USD lost about half its purchasing power, but the price of gold increased by a factor of around 19, so its purchasing power had actually increased by a factor of 9.5. In the same period, silver increased by a factor of 38, so its purchasing power increased by around 19. Far from flat!
My theory is that gold actually long term goes up in value about 1-2% in real terms annually in an advancing economy. This is because the goods and services of the economy are increasing faster than the supply of gold. In a collapsing economy it may be different and not so favorable for gold when compared to necessities although it may outperform other investment assets.
Why don't you cherry pick us a period of time in the stock market or the housing market too? Over the long haul gold has done nowhere near as well as your utterly biased example.
@@supermash1 There are many other things better than PMs or the stock/housing market at various times too. The thing is, he said the purchasing power was flat and I showed it isn't always flat. It is a contrary investment to stocks and housing, so it's a useful hedge. Getting all emotional about cold facts isn't going to get us anywhere. I wish I'd got into Bitcoin when it was less than a dollar, but I didn't, that's just a cold hard fact too. Good luck to anyone who made money out of the Fed put and ZIRP/NIRP, which supported stocks and property for many years, but thinking that will never change is probably asking for trouble.
Putin announced a desire to enact a Gold Standard Currency well over twenty years ago. Russia, China and South Africa seem to have accumulated a lot of Gold since then. BRICS Bucks arrive in August supposedly. The US Dollar appears to be about out of support.
We dont need to wait that long. Debt ceiling will kill the dollar first. Democrats want 7trill and Republicans want 3 trill. They will meet in the middle at 5 trill and still cause hyper inflation.
Always interesting to hear from sound money experts. Basic arithmetic lets you know things ain't right. As Bobby Dylan sang...... Sooner or later one of us must know.....
Think about this. You go on vacation and they try to sell you a timeshare. When you are walking out of a tourist trap aiport or into a hotel, and they are trying to sell you gold and/or silver? That will be the time to consider if we are indeed at or near a top! And it ain't now!
Shouldn't We Hope to See the Gold Gram Become the "Standard Unit of Measure" that the USD has Been Since the Birth of Bretton Woods ??? Any Remaining National Currencies Would be Quoted in Terms of How Many Gold Grams or Miligrams it Will Buy. Be They Pegged to the Gold Gram or Fluctuating They Would be Measured Against an Objective & Stable Unit of Measure
Gold pushing gold higher. Or is it that the dollar and other linked currencies is going lower. Occams Rasor, the simplest explanation is the latter. The dollar and other currencies are getting weaker.
It is interesting that persons that make a living selling or storing gold, are actually saying that owning gold is a good thing. What will they think of next ?
The mentality is all wrong when one says gold is worth $2000. It should be the other way round. The dollar is more worthless because it now takes 2000 dollars to buy an ounce of gold. Gold did not change, but rather the purchasing power of the fiat currency.
He's in China to promote providing a conduit to western gold to feed the Chinese demand after the gold window was opened following the PBOC allowing the linking of Chinese public bank accounts to parallel digital gold accounts after purchase of physical.
Wait a minute Alasdair, it is the people of Venezuela who owns the gold, not a corrupt regim with a few criminals that absolutly destroys the country and the future of its people. So it is not black and white, maybe we all can be humble in this including you? Keeping the gold and making sure the people receives it in the end, not a corrupt regim, might prove to be the best decision.
the corrupt regime in the world “par excellence” is situated in DemoCrap(DC) they should be the very last in the classroom to dole out morals to others
I thought the people voted Chavez in to start with. They made a choice and it all followed from there.🙄 The title to the gold will be held by their treasury or central bank and not by the people. The people were dispossessed of their gold once countries left the Gold Standard between 1913 and 1933. Plus, you think that western countries are not run by criminals? You know well that they are and you will see the standard of living destroyed there too in similar fashion. Oh wait ... it's already started ... and it can go all the way, just as in Venezuela and Zimbabwe. The Venezuelan people, like the Iraqis, Libyans and Ukranians will never see their gold again.
@@davebellamy4867 From the beginning yes by promising free gifts, then the regim became opressive, non democratic and not representing the best interest of the people at all. Giving the gold now to Venezuela means it will get in the pockets of a few corrupt so called leaders, not really helping anything, only proloning possibly for the current regim to stay in power and ruin the country even more. Still I only suggested this is not black and white, not as simple as Alisdair makes it out to be. This a big problem now all over the world, corrupt totalitarian countries that do not allow free press, free election. And no, I am not talking about e.g. the USA or countries in the EU, but countries like Venezuela, Russia, China. And some countries like Turkey and India that might risk becoming non democratic soon. That is the main problem in the world right now I would say.
Maybe you gold and silver bugs can help me. From August 2020 through April 2023, Gold was up 1% and silver was down 2 %. I thought gold and silver kept up with inflation?
@@majorpayne8373 Yep, and I like gold and silver. However, 2013 through 2022 and silver was up 0.33%. Again, this is over a 10 Year span. Hard to explain this one away.
James maybe so in Dollar terms. Not so in Euro, UK sterling or most other currencies where the gold price in fiat currency terms is up (fiat currencies but less in real terms).
@@majorpayne8373 You and I are in agreement that the silver price is suppressed by the big banks. But the fact remains that silver has not come close to keeping up with inflation over the past 10 years. I can't tell people that silver or gold are good vehicles to store their wealth in, even though the big banks are illegally rigging the price.
What can I say ? I am so disappointed with those running our Government. TRAITORS if you ask me all of them but a few. Read the book of AMOS to get a better understanding men and brethren then you will know who has been destroying the Nations but if they repent God will have Mercy but they have to turn to Christ. 👍✝️✌️
Think mr egon is talking rubbish, the point of having gold to back currency is to make things stable, but everything is manipulated, even gold price but im no economist n banker also if u dont hold it you dont own it
These guys look completely bored at the questions.. it’s just for their image as being “normal” people. Do you really think they will share insider secrets here? 😂
AI mining will utterly destroy the price of gold. There is gold everywhere. Send AI out to find it, and there will be so much gold there will be no bidders at all.
Really glad that Venezuela wasn't give their gold. Same goes for Iran, Russia, or any kleptocracy or terrorist state. It belongs to the people - not the thugs in power.
The title to that gold will belong to their treasury or central bank, not the people. It's just a lie. An excuse. Oh, we're holding it for their people? NOT! They will never see it again; not in a thousand years. The US kleptocracy has taken it for keeps. It's probably already been leased into the market and bought by the Chinese.
@@davebellamy4867 I think you're the naive one, with such a simplistic comment. At least you have democratically elected representatives in the UK who can do their best to administer the countries resources. Yes, I know Brown fecked up big time when he sold all the gold, but at least he wasn't trying to steal it for himself. I completely stand by my comment - Venezuela is a fantastic case in point.
What laughable drivel. Is this the latest from the western propaganda machines? Who are the "people"? Do they own a collective bank account where the gold can go? Hilarious. Whatever government is in power as acknowledged by the citizens is the de facto representative of the people. There is no question about Iran's and Russia's governments being in power and you don't get to unilaterally decide which government is legitimate. As for the "thugs in power", there's no better example of that than the west plutocracies. And they'll be getting their due comeuppance in short course.
Egon and Alasdair are two of the very best. Thanks for posting.
I am from Poland bet the Bankster myself without court.
I am a plumber but self thought 2008 they shakes trees apple drops and they took them. I have not give up learn as much as could and enough to not be taken advantage of 12 year around not paying 30 years mortgage.
I am LISTENING those now they are right remaind me stay on curse it has been streach long enough. This cannot go forever every time you go up must go down. Every apple will be ready to reap and grapes the same the fruits of the deception must come to an end.
In 1971 my mum - no economist- knew when Nixon did this she went out and bought me a gold charm bracelet- a big lesson coming true today ❤
Mum's the word!
Your mother is a smart woman
Wonderful comment.
I learned about gold, when my mom kept complaining about gold necklace prices going up every few years. (She likes to buy 22k or 24k necklance once a year.)
Absolutely amazing interview. Egon and Alasdair. My all time favorite analysts. Thanks SOAR Financial
Alasdair looking very dapper ❤️
Ouch, my eyes !
@@hotandsweaty6057A trifle sudden?
no wedding rings on either of their fingers
@@hereandthere6001 Traditionally men didn't wear wedding rings. Alasdair and Egon are old school. Ironically when men didn't wear wedding rings marriages used to last a lifetime usually.
Love you guys!
very dashing your pinstriped 3 piece suit Alasdair!!
Fantastic guests, thanks so much for sharing this. 👍
Thank you, guys, with greetings from Sweden!
I hope you have Jesus, my grandparents came from Sweden, a religous couple. I know Sweden is becoming godless. Like the UK
@@ronaldmiller3619 Yes, you are right Ronald, but its been since the 1970s. In 2015, it became very very bad since the politicians let any criminal from the midle east in to Sweden, and using taxmoney in supporting them. It was totaly insane, but in fall 2022 we atleast got a new government, and its about stoping all the crazy deeds the red, green, but even blue politicians did to this country.
Today I have a more positive outlook for Sweden.
Enjoy watching both guests, their known of extensive knowledge and can predict the Future of what's to come 💜
Wow, wow, and again WOW! Top economists of the planet! This just made my day. Just subscribed. ❤❤❤
All Star lineup!! Thanks!
@ 16: 00 Mr. MacLeod's point on the West making their own bed, of demise, & the BRICS not wanting to get involved, due to a probable rise, of miliatry conflict, is one of the most salient points, I have heard all year, on the {Wests} World's insanity.
Great discussion.👍
Also, Mr. Von Greyerz point, towards the end, on quality of life worsening, once the gold price increases, due to the realisation, of what has occurred, is equally poignant.
Two of my favorite Europeans. Both brilliant and I believe both right.
thank you 😊 fantastic content like always 👍 keep buy Gold & Silver
Two great researchers, a great interview.
It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.
@@richardhudson1243 Very true, I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@@tatianastarcic I find your situation fascinating.
Would you be willing to suggest a trusted advisor you've worked with?
@@maiadazz It's best you do your due diligence, I have my portfolio overseen by ‘Laurel Dell Sroufe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.
Thank You Alisdair & Friends, You Have Made Several Things Clear To Me. A True Wealth Of Knowledge. I Learn Something New Every Time I Listen to You, Thank You
Thank you. Great conversation.
Excellent interview . . . a genuine, meeting of the minds.
That was really excellent.
EvG and AMcC? I never thought I would see them sitting on the same sofa.👍👍👍
Commendable accuracy and pertinence !
These gentleman are sharing great information. One of them calls gold 'nature's currency'. The other one pointed out that gold just moves sideways and maintains value. That seems true and compelling in this environment.
8:30 Yellow Tie says "The west doesn't understand gold...the tradition of holding gold has been replaced by printing money. Central banks don't see the purpose of gold" and speculates that western central banks have less gold than they say they are holding while eastern central banks have more than they say. I'd be really interested in one of these guys outlining the most compelling bearish scenarios for gold. Take it from the man.
12:10 Pinstripe speaks about central governments pressuring intermediaries or custodians (is that the right word?) to follow political directives like transferring Venezuelan holding to someone else based on Venezuela not being 'legitimate'." It seems like this, how to say it, monetization of power, or...it's like they took something that was one thing, what you own, and made it into something else, something more like you 'own' this if you play by the rules, our rules. I heard this started with Iran in 2015 and then the big one was Russia and Ukraine. It just seems like it changes the calculus in a really big way for a lot of global players.
13:10 Host says 'weaponizing of the financial system', that's the phrase to describe it.
The look of this show is really special. You've got two bonafide 'fat cats' on an expensive sofa with trade show banners behind them in some ambiguous junk space [see Rem Koolhaus] hotel lobby or convention center.. I get it, fine. Imagine them in a Manor house with strawberries and cream in front of them, drinking champagne, or some trading floor after the close with the Thames, far far below, in the background.
15:00 Yellow Tie is interesting. He says "I would love to see 'free gold' NOT backing any currency...that will lead to problems in my view...the ones who have the gold have the power...whether they back the currency or not is irrelevant, they will have the gold." The special thing about these guys is they seem legit but they are outside the US media angle which gets pushed so hard.. Really worthwhile, highly recommended
22:00 Yellow tie has been in gold for 25 years and says the good thing about it is you don't have to worry about the price. That's a pretty cool thing to think about. Then Pinstripe says "If you are worrying about gold you should be worrying about the dollar" and mentions that most central banks don't have reserves for their liabilities. Did I say that right. **Host uses a german phrase 'reaching into the pocket of a naked man' regarding central bank solvency. I keep enjoying these guys. Take it from the man.
Big thanks Egon and Alistair
Gold coins is cool and personal.
The Venezuela-UK gold issue is also a reminder, that only holding is owning.
Excellent report
Thanks a mill boys 🙏🏻
All-Star couch right there.
Thanks for this conversation, it has been very helpful to me. Excellent guests!
Get money out of the banks Buy gold and silver
If you think paper Gold is manipulated. Paper Silver is manipulated 10x more.
Until the CEOs of the corporations constantly committing criminal acts go to jail themselves, the corruption will continue.
Paper anything is manipulated.
Inflation assurance BRAVO egon Alasdair Gold money sur les marchés en dollar le prix de l'or......
The purchasing power of gold isn't that flat. Between 1971 and 1980 the USD lost about half its purchasing power, but the price of gold increased by a factor of around 19, so its purchasing power had actually increased by a factor of 9.5. In the same period, silver increased by a factor of 38, so its purchasing power increased by around 19. Far from flat!
My theory is that gold actually long term goes up in value about 1-2% in real terms annually in an advancing economy. This is because the goods and services of the economy are increasing faster than the supply of gold. In a collapsing economy it may be different and not so favorable for gold when compared to necessities although it may outperform other investment assets.
Alasdair talking about the price if gold been flat for 2000 years with some fluctuations.
Why don't you cherry pick us a period of time in the stock market or the housing market too? Over the long haul gold has done nowhere near as well as your utterly biased example.
@@supermash1 There are many other things better than PMs or the stock/housing market at various times too. The thing is, he said the purchasing power was flat and I showed it isn't always flat. It is a contrary investment to stocks and housing, so it's a useful hedge. Getting all emotional about cold facts isn't going to get us anywhere. I wish I'd got into Bitcoin when it was less than a dollar, but I didn't, that's just a cold hard fact too. Good luck to anyone who made money out of the Fed put and ZIRP/NIRP, which supported stocks and property for many years, but thinking that will never change is probably asking for trouble.
Yes we are at the slowly part of bank problem. It’s going to spill over from America here to Europe shortly.
we will all realize the true value of gold when the dollar collapses.......
Thank you!!!
Love both these guys
Both my favorite the same time AWESOME 😎😎😎😎
Been expecting this since 1975!
Putin announced a desire to enact a Gold Standard Currency well over twenty years ago.
Russia, China and South Africa seem to have accumulated a lot of Gold since then.
BRICS Bucks arrive in August supposedly.
The US Dollar appears to be about out of support.
We dont need to wait that long. Debt ceiling will kill the dollar first. Democrats want 7trill and Republicans want 3 trill. They will meet in the middle at 5 trill and still cause hyper inflation.
Always interesting to hear from sound money experts. Basic arithmetic lets you know things ain't right. As Bobby Dylan sang...... Sooner or later one of us must know.....
Alister in Germany talking to a swiss & a German about foreigners priceless
😂😅🤣
Great talk!
That's what Jim Rickard says about wishing for high prices of gold
Thanks
Subbed
Best wishes from Essex England.
I suspect a lot of dollars have left banks and been turned into Gold and Silver.
Think about this. You go on vacation and they try to sell you a timeshare. When you are walking out of a tourist trap aiport or into a hotel, and they are trying to sell you gold and/or silver? That will be the time to consider if we are indeed at or near a top!
And it ain't now!
The Russians know well enough the wisdom of never interrupting their enemies when they are making mistakes.
the very best
How come Japan who printing the money much longer than anyone else still seems stable ??
Great question.
The global oil deficit will be the trigger for the collapse of the bond and credit markets.
Is peak oil real?
Wow heavy hitters
Shouldn't We Hope to See the Gold Gram Become the "Standard Unit of Measure" that the USD has Been Since the Birth of Bretton Woods ??? Any Remaining National Currencies Would be Quoted in Terms of How Many Gold Grams or Miligrams it Will Buy. Be They Pegged to the Gold Gram or Fluctuating They Would be Measured Against an Objective & Stable Unit of Measure
Something that is not something cannot go to nothing, it is already not something!
Gold pushing gold higher. Or is it that the dollar and other linked currencies is going lower. Occams Rasor, the simplest explanation is the latter. The dollar and other currencies are getting weaker.
I want to see free gold as well.
At least another decade!
Egon says he doesn't worry about the gold price. I do. When I buy it.
Me thinketh always enjoy., listening to.......Egon!@!?😝😜😉
Great
It is interesting that persons that make a living selling or storing gold, are actually saying that owning gold is a good thing. What will they think of next ?
and others who make a living out of fiat assets push those. Make your own judgement but I know where I'm betting.
All-Is-Air reminds everyone to vote no on yes, unless it is yes on no.
And he also says: "Whether you're rich or poor. It's great to have money."
The mentality is all wrong when one says gold is worth $2000. It should be the other way round. The dollar is more worthless because it now takes 2000 dollars to buy an ounce of gold. Gold did not change, but rather the purchasing power of the fiat currency.
Exactly
8:30 Is there a mandate for the west not to buy gold so that it will collapse compared to the east?
Jamie Dimon is globe trotting, trying to prop up his derivative position. $50 trillion...
He's in China to promote providing a conduit to western gold to feed the Chinese demand after the gold window was opened following the PBOC allowing the linking of Chinese public bank accounts to parallel digital gold accounts after purchase of physical.
Dimon's on tv more than Tucker
Looking desperate!
Alistair 🎉
Nice table. Are you lads drinking water? Shnapps, perhaps?
Go to Dubai they purchase with gold all the time
👍🏽
The whole financial world is a real Gold Mess.
Wait a minute Alasdair, it is the people of Venezuela who owns the gold, not a corrupt regim with a few criminals that absolutly destroys the country and the future of its people. So it is not black and white, maybe we all can be humble in this including you? Keeping the gold and making sure the people receives it in the end, not a corrupt regim, might prove to be the best decision.
the corrupt regime in the world “par excellence” is situated in DemoCrap(DC)
they should be the very last in the classroom to dole out morals to others
I thought the people voted Chavez in to start with. They made a choice and it all followed from there.🙄 The title to the gold will be held by their treasury or central bank and not by the people. The people were dispossessed of their gold once countries left the Gold Standard between 1913 and 1933. Plus, you think that western countries are not run by criminals? You know well that they are and you will see the standard of living destroyed there too in similar fashion. Oh wait ... it's already started ... and it can go all the way, just as in Venezuela and Zimbabwe. The Venezuelan people, like the Iraqis, Libyans and Ukranians will never see their gold again.
@@davebellamy4867 From the beginning yes by promising free gifts, then the regim became opressive, non democratic and not representing the best interest of the people at all. Giving the gold now to Venezuela means it will get in the pockets of a few corrupt so called leaders, not really helping anything, only proloning possibly for the current regim to stay in power and ruin the country even more. Still I only suggested this is not black and white, not as simple as Alisdair makes it out to be. This a big problem now all over the world, corrupt totalitarian countries that do not allow free press, free election. And no, I am not talking about e.g. the USA or countries in the EU, but countries like Venezuela, Russia, China. And some countries like Turkey and India that might risk becoming non democratic soon. That is the main problem in the world right now I would say.
Maybe you gold and silver bugs can help me. From August 2020 through April 2023, Gold was up 1% and silver was down 2 %. I thought gold and silver kept up with inflation?
It's not hard to pick an anomalous small window. Longer term, in 2001 Gold was $279 an ounce. Silver was $4 an ounce.
I'm sure you can do the math.
@@majorpayne8373 Yep, and I like gold and silver. However, 2013 through 2022 and silver was up 0.33%. Again, this is over a 10 Year span. Hard to explain this one away.
@@jamesgeorge65 Manipulation happens. Naked shorting silver whenever it rises. Can this go on forever? No.
James maybe so in Dollar terms. Not so in Euro, UK sterling or most other currencies where the gold price in fiat currency terms is up (fiat currencies but less in real terms).
@@majorpayne8373 You and I are in agreement that the silver price is suppressed by the big banks. But the fact remains that silver has not come close to keeping up with inflation over the past 10 years. I can't tell people that silver or gold are good vehicles to store their wealth in, even though the big banks are illegally rigging the price.
I’m still looking forward to the beach ball shooting to the surface!
Exactly
The pace at which these experts talk 🐌
US HAS LEAD BARS COVERED WITH GOLD
COLLAPSE IS COMING IN JUNE
So there's a pair to draw to. Egan & All-Is-Air. Two losers who found each other.
Where can I get a stripe suit like All-Is-Air has?
Billion dollar people and a $2 microphone, wow
Two smart guy's with a wealth of knowledge. But they won't be alive to see a gold standard.
WHO ?? WHO. ? WAS RESPOSIBLE FOR CONVINCING NATIONS TO OFF-LOAD THEIR GOLD …
who ..
What can I say ? I am so disappointed with those running our Government. TRAITORS if you ask me all of them but a few. Read the book of AMOS to get a better understanding men and brethren then you will know who has been destroying the Nations but if they repent God will have Mercy but they have to turn to Christ. 👍✝️✌️
You think these guys get paid for this?
Think mr egon is talking rubbish, the point of having gold to back currency is to make things stable, but everything is manipulated, even gold price but im no economist n banker also if u dont hold it you dont own it
These guys look completely bored at the questions.. it’s just for their image as being “normal” people. Do you really think they will share insider secrets here? 😂
Dreadful suit Alasdair 😅!
AI mining will utterly destroy the price of gold. There is gold everywhere. Send AI out to find it, and there will be so much gold there will be no bidders at all.
These are two hot air balloons that are always wrong.
Really glad that Venezuela wasn't give their gold. Same goes for Iran, Russia, or any kleptocracy or terrorist state.
It belongs to the people - not the thugs in power.
What an incredibly naive comment. Where's my share of the UK's gold reserves then? I think I'll go and claim it.🙄 See how far I get.
The title to that gold will belong to their treasury or central bank, not the people. It's just a lie. An excuse. Oh, we're holding it for their people? NOT! They will never see it again; not in a thousand years. The US kleptocracy has taken it for keeps. It's probably already been leased into the market and bought by the Chinese.
@@davebellamy4867 I think you're the naive one, with such a simplistic comment. At least you have democratically elected representatives in the UK who can do their best to administer the countries resources. Yes, I know Brown fecked up big time when he sold all the gold, but at least he wasn't trying to steal it for himself. I completely stand by my comment - Venezuela is a fantastic case in point.
What laughable drivel. Is this the latest from the western propaganda machines? Who are the "people"? Do they own a collective bank account where the gold can go? Hilarious. Whatever government is in power as acknowledged by the citizens is the de facto representative of the people. There is no question about Iran's and Russia's governments being in power and you don't get to unilaterally decide which government is legitimate. As for the "thugs in power", there's no better example of that than the west plutocracies. And they'll be getting their due comeuppance in short course.
great talk thank you
ALASDAIR @ EGON ❤❤❤
Alasdair hasn't been correct in 10 years. He has been saying the dollar would collapse. NEXT!