4:40 He missed a bit. Gold went up in early 2016 to 1377 before the 2016 election. It was 1045 at the low in December 2015. On Trump's election gold dropped like Ronnie said - but to 1124 in December 2016. A secondary low. It would've been about 1180when DJT was inaugurated. It took another 2 years until sumner 2018 and there was a really pessimistic low at 1167 then. That was the start of the move up to 2000. Interesting. If we get the same as last time, it will go sideways to down for 2 years.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
- agree on that the US cannot increase its competitiveness with the current much too expensive US$. However, the same can be said about almost all other Western countries.
Which population is gradually rising in wealth.....the east and third world. Which countries have people who don't use banks but store wealth in gold...the east and third world.
Inflate your way out of debt, only works if you can hold the debt level in absolute terms, to a fixed level and still have inflation to repay the fixed amount of debt with debased dollars. But when the level of debt increases as fast as inflation, then I don't see how it can work.
While the war in Ukraine continues, Russia does not have an incentive to promote a strong Russian currency. If the war can be concluded successfully for Russia the conditions may be right for Russia to desire a view of Rouble as a hard currency which could make an opening for a unilateral move to a gold supported Russian currency.
Since October 30th, the GLD ETF market cap has fallen over $8 billion US dollars. Taking the spot paper price of gold down to current levels, below $2600 US.
If peace is on the horizon and if a weaker dollar is also to come, why are the 10 yr+ Bond yields soaring strongly ? And this is despite the FED pursuing yield control. That can also be clearly seen in the REITs market price action as well. What the market seems to be saying is that inflation will likely be higher, interest rates therefore should also go higher and that means a stock market correction.
Long Bitcoin. It's a remarkable experience to own. You send your money to money-heaven and pray that you'll get more back when you summon it back down. Completely not real in every sense of the imagination other than Raol Pal's liquidity play, which only works until it doesn't.
Ronnie is a genius. Thanks for having him on the channel. Commodities Super cycle inbound 👍
Always good to listen to Ronnie Stoeferlee. Has always great insights to share
Who the hell is this guy? He's absolutely awesome - what a brilliant interview thanks!
Check out his In Gold We Trust Report. It's free! It's called "The" publication on gold and the gold industry.
He's the author of the "in gold we trust" report. Austrian economics economist.
seems very bright
Ronnie is the Best!
4:40 He missed a bit. Gold went up in early 2016 to 1377 before the 2016 election. It was 1045 at the low in December 2015. On Trump's election gold dropped like Ronnie said - but to 1124 in December 2016. A secondary low. It would've been about 1180when DJT was inaugurated. It took another 2 years until sumner 2018 and there was a really pessimistic low at 1167 then. That was the start of the move up to 2000.
Interesting. If we get the same as last time, it will go sideways to down for 2 years.
Never forget the need of most big economies to inflate away their massive sovereign debts.
This gave me lots of knowledge ❤😂
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
Ronnie, along with Peter Schiff, is always worth listening to.
Schiff is an idiot he's clueless
Your videos can benefit from timestamps.
I agree 100 percent the market has been looking for a reason to reset the price I have been seeing this for 2 months
- agree on that the US cannot increase its competitiveness with the current much too expensive US$. However, the same can be said about almost all other Western countries.
Which population is gradually rising in wealth.....the east and third world.
Which countries have people who don't use banks but store wealth in gold...the east and third world.
Perpetual circuses in world's wealthiest economies to equalise wealth,
before creating a one world government.
To have a strong economy, you need a strong currency with a corresponding higher interest rate to support that currency.
Who watched Greg Mannarino?
@ he’s right!
40% gold allocation here...
simplewelshman is there any other kind ?
Me thinketh Ronnie is a remarkable guest for., anyone to have on their.......channel!@!?
Well done guys!!!😉😁
論理解說的棒！！！
Inflate your way out of debt, only works if you can hold the debt level in absolute terms, to a fixed level and still have inflation to repay the fixed amount of debt with debased dollars. But when the level of debt increases as fast as inflation, then I don't see how it can work.
Your talking paper gold lol talk physical gold.
3:28...............4:00 🤦♂️
While the war in Ukraine continues, Russia does not have an incentive to promote a strong Russian currency. If the war can be concluded successfully for Russia the conditions may be right for Russia to desire a view of Rouble as a hard currency which could make an opening for a unilateral move to a gold supported Russian currency.
Remember:
World Money = Gold 💰,
Gold = Tier 1 asset,
Everything will be priced in 9999 gold grams.
智慧的闡述！！！
Central banks buying gold are motivated by geopolitical fear, so I would argue that the fear factor is worth more than 300 dollar in the current price
Since October 30th, the GLD ETF market cap has fallen over $8 billion US dollars. Taking the spot paper price of gold down to current levels, below $2600 US.
If peace is on the horizon and if a weaker dollar is also to come, why are the 10 yr+ Bond yields soaring strongly ? And this is despite the FED pursuing yield control. That can also be clearly seen in the REITs market price action as well. What the market seems to be saying is that inflation will likely be higher, interest rates therefore should also go higher and that means a stock market correction.
Usually. Not lately
Yes!! He is honest, kind and giving. Your joke indicates the liberal’s propaganda against him also affected you!! Think about it?
Long Bitcoin. It's a remarkable experience to own. You send your money to money-heaven and pray that you'll get more back when you summon it back down. Completely not real in every sense of the imagination other than Raol Pal's liquidity play, which only works until it doesn't.