They can't. As always, we allow it. State has the force, not power. Power comes from laws we all agreed upon. Disguised by representatives that don't represent us, certain laws are approved, allowing the State to use force to take it from us... and as we saw in the past years, there is always a supply of empty head people willing to tell on us to collect rewards/benefits from the same system. It's time to stop advertising it. Keep stashes a secret. If somehow we can't use or move it, bury it. Leave it for the next generation.
There is always a supply of empty head people willing to tell on us to collect rewards/benefits from the State. It's time to stop advertising stashes. If somehow we can't use or move it, bury it. Leave it for the next generation.
Been watching your vids for quite a while now, one of the reasons I made a decision to transfer a significant portion of my net worth into self custody gold last year!
Classic excellent maneco video! Uncertain times indeed. It is so unsettling it can be hard to fall a sleep at bedtime and hard to get out of bed in the morning... However, my cat is fearless and that keeps me sane! LOL❤
Wow! I am happy to see someone else look at the dollar the same way I do! I just recently came to this viewpoint. Isn't life strange? 1 ounce of Gold today is the same 1 ounce as 5000 years ago! Gold does not change, it is constant. The only thing changing is the value of the Fiat!
I agree with you their is only 2 percent of purchasing power left in the dollar i believe they will eventually re value gold to around 20000 an ounce silver will automatically rise in price 😊
Hey Mario', Hope your week is going well! Getting my daily financial education lesson. Keep stacking ! Thank you ! Im reading book by historian Carroll Quigley!
AA Establishment tells it as it is,another one worth a read is the committee of 300 (Dr. John Coleman),you know,the conspiracy books that are largely true,Those who know are very much aware the danger we are in. Best of luck to us all !
Last dip there was a guy at the lcs with his ticker open at the counter trying to haggle price by the minute. I've gotten to know the owner and he doesn't really adjust his prices unless moves hold for at least a few days. Often he just holds his prices until he goes to an auction and talks to other dealers.
Thank you Lord for the gift of life and prosperity. The success behind every rich person today is the decision they made for themselves, I'm so happy I'm able to acquire my second house in August even as single mom at 41 and I believe if things keep going well I would retire early.
I will not forget this current administration putting many into difficult situations, investing money now is quite difficult to me but, I am conversant with her strategies all the time.
I have also been trading with her, The profits are secured and over a 80% return on investment directly sent to your wallet. I made up to $70,560 in 2months trading with her.
It’s precisely because we’re no longer on a gold standard that governments with deficit spend. Manipulating yields up and mostly down this game keeps getting replay after replay. They’ll never give up this freedom vs fiscal responsibility from gold standard.
Hi Mario, thank you as always for your insight. Do you have an opinion on all Chinese banks having withdrawn from the LBMA? No surprise that it hasn't been reported in the main stream media!
“The increase in the purchasing power of the metal” could have been normal supply and demand for goods adjusting to increased productivity due to peace breaking out. Lower costs are a good thing, not bad. Gold should keep buying more if we are advancing civilization by not burning down so much wealth. Now, if this move up in value meant they printed more currency, that’s a problem for the currency, not for humanity. How does a country increase its gold holdings? It becomes an international arms dealer and takes gold in payment. It was the unwarranted trust in the Fed/US that allowed the US to keep gold and spend Federal Reserve Notes instead. They could not have done that if they had to tax the population for revenue if others had refused US IOUs.
A question: you as well as many others refer to deflation in the 1930s. When the price of gold in dollars jumps from 20 to 35, I see 75% inflation, though that asset was banned from the public. In what the public held, it's a different story. Thoughts?
I think the 1920s "the roaring 20s" was a time of asset bubbles (stock market and real estate in florida). When rhe bubbles burst, and banks went bankrupt and closed their doors, and farmers coukd nit sell their produce to europed due to tarrifs, and so the farmers went bankrupt.... i think this saw a lot of imagined wealth dissapear real fast. This was the deflation. Roosevelt confiscated gold and revalued it. That was inflarionary.... but im not sure if it made up for all the deflation from teh bankrupcies and crashed stocks
“Hoarding” is “saving.” “Spending” will come back when “trust” comes back. It will take years and any attempt to force spending by threatening saving will cause a delay in trust rebuilding. This is a normal free market rebalancing and will happen as each individual has confidence in the future again. Some of them may never regain it and we can only hope they tell someone where they saved their gold before they die. Using politics to change processes in economics is like using politics to rewrite the laws of physics. Freedom lubricates efficiency in natural processes.
Go to the store and try to use gold. First how does anyone know that what your giving them is real..gold is only as good as what you can trade it for..it would be more trouble than it's worth especially once people know that you have it who or what is going to protect you when people know that you have it on you or your house .. are you going to use it to catch the bus . I mean you might. Be able to use it to buy a little relaxation . You'd be better of with a kilo of cocaine. It has more utility as a commodity or weed for that matter.
People are sweating their assets off wondering if they'll be worth anything tomorrow on Dictatorship. Private not public currency. Time is the only one for US.
Hi Mario, could you do an analysis on Norway? They seem to be a walking contradiction. Rich country, world's biggest sovereign wealth fund, but no gold and a massively inflated currency. Why are things getting increasingly difficult for the people of Norway despite all their supposed wealth?
Let's just say that started stealing all of your money in 1964 when the last of the silver was used, as to replace it over time with clad plating like you would never notice the loss in buying power.
What is wealth, cash, gold, stocks, bonds, or crypto. What a mad world we now live in no one can actually decide what wealth is, or what a store of value is?. Many governments are staking gold whilst working on a digital currency which will be backed by" a promise. Is paper wealth real wealth? i question that. While gold is a metal which is used, stored and requires a great deal of effort and energy to extract. Sold on a controlled market controlled by the same people who are planning to bring in a digital currency madness or what?. The new world order, the movement of wealth and manufacturing from west to the east as the drivers of the world economy seems to favour gold, silver, other metals and minerals including oil this could provide clarity as to what wealth is, a promise or something that is tangible.
Bro - it was said 'the only commodity READILY ACCEPTABLE the world over. (and Yes I do hold some) but lets assess a true accurate percentage of the World population that even know what BTC is, have the knowledge, understanding, electricity and internet availability to accept it... My guess out of approx 7.95 billion ppl it's 0.0005% - where as when I gave out Ag in Armenia - instantly ppl knew exactly what it was.
@@mikeb5372 he did it to end the Cold War he had to spend on our military for which I was in at the time, I was in Berlin before the wall fell, that regime was finished
I did a quick internet search for the book you referenced, but I can't seem to find it anywhere. Looks like it would be an interesting read. If anyone finds it and has a link, I would appreciate it.
@grahamhobbs5162 lol.... I meant Mario is an Austrian when it comes to Economics. My bad for not being more precise. I think Mario is Brazilian when it comes to birth origins.
The dollar will remain in use due to the power of the police state but it's value will continue to fall with additional money printing. Nonetheless, iis still historically inflation proof so is great for savings.
In my opinion Gold will not appreciate as much as Bitcoin through this reset. It will be a fight, but BTC will prevail as it is truly global and decentralised. Everyone who watches this channel should dip their toes in the water by downloading a crypto wallet and buying a few satoshis. It is a an act of independence and resistance.
RE-Lion Starting to see the effects of capitalism yet ? Religion, " the thing about me is.. there's so many mes." ~ MATRIX REL🕛ON REL🕛G💵ION. When's TH🕛 D💵🕛⏰VORCE ? Before doomsday or on it ?
Thank you Mario for your daily efforts in preparing and saving your fellow man
My pleasure
@@maneco64 it truly is
You know when things are bad when your own country makes it illegal to own gold. I find it disgusting that governments can do that.
If its not in your name then they can't take it, ie a trust
They can't, unless you allow it.
Governments and Politicians are criminals!
They can't. As always, we allow it. State has the force, not power. Power comes from laws we all agreed upon. Disguised by representatives that don't represent us, certain laws are approved, allowing the State to use force to take it from us... and as we saw in the past years, there is always a supply of empty head people willing to tell on us to collect rewards/benefits from the same system. It's time to stop advertising it. Keep stashes a secret. If somehow we can't use or move it, bury it. Leave it for the next generation.
What's more disgusting is how the public responds.
Keep stacking ...it feels just so good holding real Money in your hands.
There is always a supply of empty head people willing to tell on us to collect rewards/benefits from the State. It's time to stop advertising stashes. If somehow we can't use or move it, bury it. Leave it for the next generation.
All wars are CBanksters wars !
Been watching your vids for quite a while now, one of the reasons I made a decision to transfer a significant portion of my net worth into self custody gold last year!
Classic excellent maneco video! Uncertain times indeed. It is so unsettling it can be hard to fall a sleep at bedtime and hard to get out of bed in the morning... However, my cat is fearless and that keeps me sane! LOL❤
Good morning Mario good morning Everyone and a big hiyah for Rudy 🦖✌️
These lessons about money (GOLD) are absolutely PRICELESS Mario. Thanks again 👍
I'm still trading all of my extra paper dollars for Silver, Gold and Bitcoin.... working well so far!
Be careful, stay safe, resist .. thnks sir Mario. Bless all
Reminder: Almost 60% of Silver gets 'thrown away' EVERY year. Meaning, industrial uses take it out of the monetary market
Thank you Mario & Rudolf
The price of gold measured in dollars should be inverted -- the price of the dollar in gold is the proper way to measure how devalued the dollar is.
Very correct. In 1971, 100$ ~ 90gr whereas today 100$ ~ 1,6gr
Wow! I am happy to see someone else look at the dollar the same way I do! I just recently came to this viewpoint. Isn't life strange? 1 ounce of Gold today is the same 1 ounce as 5000 years ago! Gold does not change, it is constant. The only thing changing is the value of the Fiat!
@@Sola_Scriptura_1.618 💯
@@wolfgangwust5883 💯
I agree with you their is only 2 percent of purchasing power left in the dollar i believe they will eventually re value gold to around 20000 an ounce silver will automatically rise in price 😊
Good morning from NYC Professor M thank you again for imparting your knowledge and time.
Good morning!
Good afternoon from Asia.
Hello there!
Hey Mario', Hope your week is going well! Getting my daily financial education lesson. Keep stacking ! Thank you ! Im reading book by historian Carroll Quigley!
Thanks! You too!
AA Establishment tells it as it is,another one worth a read is the committee of 300 (Dr. John Coleman),you know,the conspiracy books that are largely true,Those who know are very much aware the danger we are in.
Best of luck to us all !
Silver and gold are going up big time!!!! Bit@£€$ is going down like crazy.
Good morning Mario, Rudy, and everyone! ☕️☀️
Excellent report 👍👍👍👍👍
Thanks Mario, excellent video. You and your pet dog are doing a great job 👏
Rudy..you and rudy..
thank you Mario
M, your analysis is gold
Gold prices going up with deflation in prices is mind blowing. Need time to reflect on this one....
Deflation is a reduction in the money supply as opposed to prices going down
When the purchasing power of gold goes up it is deflation in real money.
Yes, you are right but the hoarding of gold will decrease credit and money supply.
@maneco64 the fiat supply of currency does not deflate in number of units ? Gets confusing with definitions I guess
It's a lot to think about and not always easy to understand the mechanics and how they relate to each other@@johnnagle7702
Good morning ☕️
Morning!
Great video thank you.
Very welcome
Thanks, Mario. Great video, as always 👍
Tell Rudi I said, "woof, woof"! ✋
The great reset is on life
When you want to sell your gold, they rip you
Vermilion Gold. Springhill FL. Spot plus. Any day.
Last dip there was a guy at the lcs with his ticker open at the counter trying to haggle price by the minute.
I've gotten to know the owner and he doesn't really adjust his prices unless moves hold for at least a few days.
Often he just holds his prices until he goes to an auction and talks to other dealers.
Not in Turkey They have set price for purchase and sales
@@TH-ee5xs Which is fine if you are close-by...
True. It's a sad thing that the system is what it is in that there is that middle man that has to make their profit from conversion
As they scramble for Gold
is that on the way for the expected UK Bank runs.Hows the merchandise going Mario
The gold must flow. Things go awry when it doesn't.
Gold flows when it is not suppressed or confiscated. it is not about flow, it has real value and all that comes with it.
Thank you Lord for the gift of life and prosperity. The success behind every rich person today is the decision they made for themselves, I'm so happy I'm able to acquire my second house in August even as single mom at 41 and I believe if things keep going well I would retire early.
I will not forget this current administration putting many into difficult situations, investing money now is quite difficult to me but, I am conversant with her strategies all the time.
I have also been trading with her, The profits are secured and over a 80% return on investment directly sent to your wallet. I made up to $70,560 in 2months trading with her.
Same here, I started with $1,000 now earning $6,300 bi-weekly profits with her trading program.
Been through positive comments about her guidance, please how do I get in-touch with Mrs Nancy ???
@𝗡𝗮𝗻𝗰𝘆𝗲𝗱𝗶𝘁𝗵_𝟭
It’s precisely because we’re no longer on a gold standard that governments with deficit spend. Manipulating yields up and mostly down this game keeps getting replay after replay. They’ll never give up this freedom vs fiscal responsibility from gold standard.
Until they have no choice.
Then if you have gold, they will try to take it from you.
Hi Mario, thank you as always for your insight. Do you have an opinion on all Chinese banks having withdrawn from the LBMA? No surprise that it hasn't been reported in the main stream media!
What we have will be deflated. What we need energy food etc will be inflated.
Thanks
Can you discuss gold at the Euphrates?
Golden years, goooold, wop wop wop...
Thanks Mario
“The increase in the purchasing power of the metal” could have been normal supply and demand for goods adjusting to increased productivity due to peace breaking out. Lower costs are a good thing, not bad. Gold should keep buying more if we are advancing civilization by not burning down so much wealth. Now, if this move up in value meant they printed more currency, that’s a problem for the currency, not for humanity.
How does a country increase its gold holdings? It becomes an international arms dealer and takes gold in payment. It was the unwarranted trust in the Fed/US that allowed the US to keep gold and spend Federal Reserve Notes instead. They could not have done that if they had to tax the population for revenue if others had refused US IOUs.
A question: you as well as many others refer to deflation in the 1930s. When the price of gold in dollars jumps from 20 to 35, I see 75% inflation, though that asset was banned from the public. In what the public held, it's a different story. Thoughts?
Yes, it is inflation in domestic fiat dollars as more currency will be created from the gold.
I think the 1920s "the roaring 20s" was a time of asset bubbles (stock market and real estate in florida). When rhe bubbles burst, and banks went bankrupt and closed their doors, and farmers coukd nit sell their produce to europed due to tarrifs, and so the farmers went bankrupt.... i think this saw a lot of imagined wealth dissapear real fast. This was the deflation.
Roosevelt confiscated gold and revalued it. That was inflarionary.... but im not sure if it made up for all the deflation from teh bankrupcies and crashed stocks
Banks will continue to control the price of gold.
Agreed. Frustrating.
Until they don't anymore.
They will... until they can't anymore... there is a limitation for greed... and that's the crack in their system that will bring the entire dam down.
every week the game (of manipulation) gets closer to the end......frustrating but as Chynah knows, worth the wait / weight!
The scramble for gold after the GREAT IMPRESSION 1.AD, the golden RULER CURRENCIES.
“Hoarding” is “saving.” “Spending” will come back when “trust” comes back. It will take years and any attempt to force spending by threatening saving will cause a delay in trust rebuilding. This is a normal free market rebalancing and will happen as each individual has confidence in the future again. Some of them may never regain it and we can only hope they tell someone where they saved their gold before they die. Using politics to change processes in economics is like using politics to rewrite the laws of physics. Freedom lubricates efficiency in natural processes.
Hi mareo great content once again thanks
If the whole system goes down how are governments going to fund things like mass immigrations, counter terrorism, foreign wars ect mario?
CBDCs
Go to the store and try to use gold. First how does anyone know that what your giving them is real..gold is only as good as what you can trade it for..it would be more trouble than it's worth especially once people know that you have it who or what is going to protect you when people know that you have it on you or your house .. are you going to use it to catch the bus . I mean you might. Be able to use it to buy a little relaxation . You'd be better of with a kilo of cocaine. It has more utility as a commodity or weed for that matter.
By misuse does he mean they leveraged up the paper claims on that gold? Roaring 20s...
People are sweating their assets off wondering if they'll be worth anything tomorrow on Dictatorship. Private not public currency. Time is the only one for US.
Hi Mario, could you do an analysis on Norway? They seem to be a walking contradiction. Rich country, world's biggest sovereign wealth fund, but no gold and a massively inflated currency. Why are things getting increasingly difficult for the people of Norway despite all their supposed wealth?
Trillions in fiat currency increases inflation? Who knew? Well....everyone smart.
Let's just say that started stealing all of your money in 1964 when the last of the silver was used, as to replace it over time with clad plating like you would never notice the loss in buying power.
What is wealth, cash, gold, stocks, bonds, or crypto. What a mad world we now live in no one can actually decide what wealth is, or what a store of value is?. Many governments are staking gold whilst working on a digital currency which will be backed by" a promise. Is paper wealth real wealth? i question that. While gold is a metal which is used, stored and requires a great deal of effort and energy to extract. Sold on a controlled market controlled by the same people who are planning to bring in a digital currency madness or what?. The new world order, the movement of wealth and manufacturing from west to the east as the drivers of the world economy seems to favour gold, silver, other metals and minerals including oil this could provide clarity as to what wealth is, a promise or something that is tangible.
Thanks again Mario! I’ve missed the writer/publisher of the book GOLD. Can someone help me out where to find it?
Gold always increases in an election year; silver will drop similarly.
This has to do with the whole world not just the US.
too many ppl in the US still think it IS the world........
I can't find the book you referenced. What is the title and the exact spelling of the Author? you might have a rare book there Mario.
Is the yen carry trade over ?
"Gold is the only commodity accepted in any quantity the world over".
Bitcoin: Hold my beer!
Go to China and make that joke.
@curiositycloset2359 China is the 2nd largest Bitcoin miner. Hong Kong is trading Bitcoin. Bitcoin is borderless and permissionless.
Keep believing in imaginary coins.
Bro - it was said 'the only commodity READILY ACCEPTABLE the world over. (and Yes I do hold some) but lets assess a true accurate percentage of the World population that even know what BTC is, have the knowledge, understanding, electricity and internet availability to accept it... My guess out of approx 7.95 billion ppl it's 0.0005% - where as when I gave out Ag in Armenia - instantly ppl knew exactly what it was.
@@CosmicSeeker69 More people have access to a mobile phone than they do gold. Bitcoin trades 24x7x365 anywhere in the world.
I’m from the government and I’m here to help. Very scary. Ronald Reagan was a good President.
Ronny Raygun
@@frederickmuhlbauer9477 🤣
What made him good? He expanded the deficit big time
@@mikeb5372 Yes but he was such a nice man lol
@@mikeb5372 he did it to end the Cold War he had to spend on our military for which I was in at the time, I was in Berlin before the wall fell, that regime was finished
I did a quick internet search for the book you referenced, but I can't seem to find it anywhere. Looks like it would be an interesting read. If anyone finds it and has a link, I would appreciate it.
You have a doppelganger David rosenburg economist. Won't let me send a picture.. or I don't know how.
Mario is way better looking and an Austrian.
@@Sola_Scriptura_1.618 No he's not... He was born in the Southern Hemisphere
@grahamhobbs5162 lol.... I meant Mario is an Austrian when it comes to Economics. My bad for not being more precise. I think Mario is Brazilian when it comes to birth origins.
I knew what you meant 😂
@goodnews3588 baaaaaa that was funny!
Those who reli on get thrown to the lion on the second Page.
The dollar will remain in use due to the power of the police state but it's value will continue to fall with additional money printing. Nonetheless, iis still historically inflation proof so is great for savings.
In my opinion Gold will not appreciate as much as Bitcoin through this reset. It will be a fight, but BTC will prevail as it is truly global and decentralised. Everyone who watches this channel should dip their toes in the water by downloading a crypto wallet and buying a few satoshis. It is a an act of independence and resistance.
wait until you find out - it's owned and controlled by Mastercard...
BTC does not exist except on a screen.
Cut off the power and the network, then what do you have?
Nothing.
RE-Lion
Starting to see the effects of capitalism yet ?
Religion, " the thing about me is.. there's so many mes." ~ MATRIX
REL🕛ON
REL🕛G💵ION.
When's TH🕛 D💵🕛⏰VORCE ? Before doomsday or on it ?
I highly doubt there will be a depression in the US.
BTC is $34.4K. $$ 😂