Shae asks great questions and then allows her guests to run with the ball. Very professional and excellent content. Thankyou.
@mindislife
3 жыл бұрын
I love Jim Rickards, he was one of the people that influenced me to buy gold and silver and helped me understand gold. Others are Robert Kiyosaki, Peter Schiff, Mike Maloney.
@anahitakatrak5995
3 жыл бұрын
Mr. Richards is simply great. All his books should be kept as reference books...starting with Currency Wars to The New Great Depression. Thanks for having him on your show.
@jaydee5447
3 жыл бұрын
Also check out economist Dr. Lacy Hunt
@Silo8924
3 жыл бұрын
@anahita, you mispelled Mr Rickards' name. Please correct it; otherwise, I'll report it to KZitem's Community Action Team
@nadiasmith226
3 жыл бұрын
Inflation is temporary yes ofcourse look at tips Real interest rates aon 10 yr is - negatve .08 That is the real proof of inflation that cannot go away for a very long time. .
@rogerburn5132
3 жыл бұрын
He is Brilliant
@michaelfrommountains7669
3 жыл бұрын
Shae Russell made my day. As a young U.S. Marine in 1970 I took my 2 week R&R in Sydney. I met a drop dead gorgeous Aussie redhead and she's sitting next to me as I write this (although she's unaware I'm writing it, more fun that way). She's more beautiful today at 71 than she was at 20 (to me). Shae, you're gorgeous as well. Thanks Australia. I got to go waltzing with Matilda.
@DRMIKE100045
3 жыл бұрын
Shae Russell is 71 years old? No way. She's a beautiful 29 year old.
@onemorevalyrian7188
3 жыл бұрын
Luck man, redheads are my favorite!
@vm-bz1cd
3 жыл бұрын
Well done Marine! Oorah!😀
@theenglishprofessor8411
3 жыл бұрын
I was 1 in 1970 and I thank you for and appreciate your service to our country. 🇺🇸 Glad you got your dream girl! 😎
@sandikennelly1357
3 жыл бұрын
Simper Fi!
@yuvrajmakjhaj274
3 жыл бұрын
I love your video at large but I will advise everybody who is into cryptos to stick with ETH and BTC as much as you can guys, If everyone sells when it starts to fall, which at one point it will, the dream may be lost because of it being too volatile for companies to get behind
@pauladean1322
3 жыл бұрын
Imagine being rich, being too lazy and ignorant to come to even the slightest agreement, let's petition to fire the government or take from their pocket, Money is only good for three things: fun, investing and giving.
@kimkardashian8010
3 жыл бұрын
@nick saint I wanna invest my money on crypto. B itcoin trading is great unlike the stock market and other financial markets, bitcoin has no centralized location, since it operates 24hours a day in different parts of the world
@druidsmerkel7265
3 жыл бұрын
@@kimkardashian8010 you're right bitcoin trading might make you rich if you are hedge fund with deep pockets or an unusual skilled currency trader After a successful investment you have nothing to worry about, whether the rise and fall of economy won't affect you, Make's your future brighter, by making good investments
@drexymalloy5651
3 жыл бұрын
I think Bitcoin is the future, investing in it now will be the wisest thing to do especially with the rise, Nothing ever changes
@lynetterobyn6719
3 жыл бұрын
Hello everyone if I'm permitted to speak I think investing right now should be at the top of everyone's list, In 2years you'll be ecstatic with the decision you made today
@jamespeter7311
3 жыл бұрын
It's not how much money you make, but how much money you can keep through investment, how hard it works for you and how many generations you keep it for
@jamespeter7311
3 жыл бұрын
Most interesting about investment as a whole is that it represents a whole legion of adventures and entrepreneurs of risk takers, investors and problem solvers
@michealfloyd7913
3 жыл бұрын
Courage taught me that any sound investment will eventually pay off
@reyansharnavkabir9066
3 жыл бұрын
Coins holds more value as a form of good money that is superior to any previously discovered or developed form of money
@reyansharnavkabir9066
3 жыл бұрын
Coins are the frontier and amazingly transformative when you invest to prevent a lot of money from becoming a little
@reyansharnavkabir9066
3 жыл бұрын
These are assets that can make you rich Stocks Bitcoin Real estate Crypto
@DrDRE4391
3 жыл бұрын
The FED will never say things are bad. That would be equivalent to them yelling "Fire". They will always put a positive spin on things.
@JWFitness1
3 жыл бұрын
Right. They have no choice. The last thing they need is mayhem and chaos.
@rogerburn5132
3 жыл бұрын
Correct and when the Hyperinflation comes they will blame Russia and China for it
@aaronee2752
3 жыл бұрын
Somebody are controlling Fed that's Rothschilds, Rockefellers & Mogans. They aren't gonna tell ppl
@rogerburn5132
3 жыл бұрын
@@aaronee2752 you are right But Rocafelers and Rotchailds and Morgans are the owners of the Federal Reserve that is why they are controling it. The Federal Reserve act in 1913. Its private Bank it is NOT Federal and has No reserves. It just printing dollars (Backed up by Nothing) from thin air. It was backed by Gold until 1971 when Richard Nikson disconnected the dollar from Gold. Now the dollar is the Biggest Ponzi scheme in the world.
@pablocruise9514
3 жыл бұрын
Matt Taibbi wrote a book a couple years ago about the 2008 crisis. He had a chapter on Alan Greenspan and he documented every prediction he made and how every single one was wrong.
@chrisruss9861
3 жыл бұрын
Jim's explanations are sufficiently lucid to enable the listener to learn something worthwhile.
@mehditaba6303
3 жыл бұрын
This person once said that US going to attack N. Korea in 2 or 3 weeks. And when the reporters asked him what happened. He responded by saying: It will happen instead of say sorry that I scared people with no reason. I do not care what he says about anything!
@boxingmotoman
3 жыл бұрын
If he leaked war plans before the attack occurred with insider knowledge this guy would be in a bunker getting his balls zapped. People will mention the sky will fall the moon will explode and they will sterilise us. It will be up to you to know better than be led down the garden path.
@jtmoua5066
3 жыл бұрын
Only the patient people will win the game.....gold and silver.
@kasperpetersen9204
3 жыл бұрын
Keep telling yourself, and telling yourself ,and telling yourself and...
@ThompsonBeat
3 жыл бұрын
Very true statement!
@malcolmskinner3117
3 жыл бұрын
I think I can, I think I can, I think I can.
@guitarsender
3 жыл бұрын
I’ll just keep stacking, and stacking, and stacking…
@ronrapuano2089
3 жыл бұрын
@@marcscott6142 are you certain of that?
@chilibaldrr840
3 жыл бұрын
If you can, just buy gold and or silver. In the long term I doubt one will regret it.
@BDK86
3 жыл бұрын
It's a pleasure to listen to Jim's insightful discussions.
@ronaldmiller3619
3 жыл бұрын
Two more virus are coming, better get your life right with Jesus. REPENT
@ronaldmiller3619
3 жыл бұрын
Make our own chips
@ronaldmiller3619
3 жыл бұрын
Biden wants no one to work
@ronaldmiller3619
3 жыл бұрын
Way to go Jim
@ronaldmiller3619
3 жыл бұрын
Did you get the jab, o hope not
@jeffready2446
3 жыл бұрын
Hi Shae. Can you do a clip on the potential of Basil 3 implications which are to happen at the end of the month.???.
@AbcBullion
3 жыл бұрын
Nick Frappell our Global General Manager recently released a report detailing how Basel 3 will impact the gold market. Read it here: www.abcrefinery.com/resources/media-articles/how-basel-iii-will-impact-gold-markets/ We'll see if we can get him on camera to go over it.
@jeffready2446
3 жыл бұрын
Thank you
@greenmichael6845
3 жыл бұрын
Basil 3 only has implications on my Pizza Margherita 🙌
@MG-el4iz
3 жыл бұрын
It has Already been delayed to 1january 2023. :/
@QuaaludeCharlie
3 жыл бұрын
potential of Basil 3 .....
@donaldthompson6300
3 жыл бұрын
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
@noahandsome7013
3 жыл бұрын
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
@noahandsome7013
3 жыл бұрын
I will advice you should stop trading on your own if you keep losing and start trading with Mrs Laura Morgan trading services
@michaelwilson789
3 жыл бұрын
I lost £1200 carelessly trading on a platform then I was referred to Mrs Laura Morgan she recovered the loss and made an extra profit of £4600
@jameskelly3708
3 жыл бұрын
Wow I'm just shock you mentioned and recommended Expert Mrs Laura I thought I'm the only trading with her
@danieljacob9987
3 жыл бұрын
@@jameskelly3708 You don't need to be shock because I'm also a huge beneficiary of expert Mrs Laura
@bbhima5814
3 жыл бұрын
Using 1990 CPI metrics, inflation is 13%, but I'll just try eating my electronics and clothes.
@rogerburn5132
3 жыл бұрын
CPI is always manipulated. Why it's excluded energy (prises for Gas. Oil and so on) only % that the government like to present to the people to look good
@josephguerriero3943
3 жыл бұрын
I'm not sure it matters that much about the debate between inflation vs. deflation. It still will not affect my decision not to buy bonds; in fact I am short the 20 year and stacking in precious metals. Why? Because the debt isn't going away and even if the Fed doesn't raise rates (which will be impossible), the interest on the debt (and the future debt) will be unstainable. So really who cares about whether we have inflation or deflation. The precious metal demand is not going away and eventually the demand and true spot price for the metal coming from the investment side with industrial demand baseline will pull the futures price up. This is no different than paying the minimum on your credit cards and then they raise the rates.
@BrianHeimbuecher
3 жыл бұрын
Deflation is worse. It causes employers to trim the workforce. In the 70s we learned to cope with inflation. And businesses came up with ways to get their product sold. Changes in packaging, serving sizes... cheaper prizes in cereal & Cracker Jacks. Deflation means people don't spend because they know things will be less expensive the next month. It is a double-edged sword, though: Are we really supposed to be glad we're losing 5 cents on our dollar to the 'stealth tax' (inflation)? Just keep stacking... you got that right.
@MvTCracker
3 жыл бұрын
The returns are too small for the risk I agree. If you look at nearly every single city/town in North America they had serious unsustainable debt pre covid and lower tax collection in 2020 2021. If we do not see housing inflation "growth" then cities have to resort to hiking taxes and or making cuts (that could harm property value). If we see deflation it could impact stocks and retirement accounts. Falling prices could result in hoarding cash waiting for prices to fall further. Prices over 50+ years have only steadily climbed. Housing is up, health care is up (some covered by insurance or the govt) education costs are up. Electronics prices are going up even pre chip shortage (Graphics card shortages thanks to crypto mining) demand for copper and silver etc are rising for a green energy shift driving up the cost. OECD tax hike on tech companies likely to be passed on. Wages rents taxes do not fall easily.
@BrianHeimbuecher
3 жыл бұрын
@@MvTCracker But the bond market isn't showing signs of inflation worries... the fiat dollar vs. a basket of currencies is still anemic considering it's below 93... the price of gold sure isn't reflecting a reflation trade. While I don't profess to be a financial advisor (boilerplate KZitem disclaimer), I'm in gold for the deflation trade myself. Don't forget, this reopening is what, maybe 6 months old right now? We'll know more either way in a year, barring another lockdown. I don't see how people could've just spent a year depleting savings, living on credit card advances and visiting food banks (and what 'help' did the feds give: Maybe $5 grand at most?), only to turn around and say 'yippee, let's binge shop! What'll $45 get me?'. Lastly, don't forget the first 'M' in 'MMT' stands for Murphy, who always seems to put a fly in the ointment. Wait a year... let's see what pans out.
@MvTCracker
3 жыл бұрын
@@BrianHeimbuecher Bond market is rigged by the fed and treasury there is no price discovery. Manipulation can last a long time until something breaks. Would you loan the government your money for 10-30 years at 1%? 3%? Do you think your taxes utilities etc will be low that long? How often have fed and mainstream economists missed the mark? How often are jobs numbers etc revised up or down and we get a "surprise" miss or gain?
@MvTCracker
3 жыл бұрын
@@BrianHeimbuecher I'm also in Gold mining stocks have Sprott physical gold trust etc. I also do not claim to be a professional anything (I listen to a lot of experts) I agree we will see in time but we saw what Happened to supply and demand when we had Stimmies (Stimulus) (Cerb in Canada) what will happen under MMT? I don't think things will end well.
@anthonybostock4854
3 жыл бұрын
Really good interview and information without any hype. Jim always has some insider info that is very pertinent as to what is happening and what we can expect to happen. He was aware of what they were planning a few years before and put his pen to paper even before we heard the fake news version of it from the fake news media. Thanks for putting this together Shae and thanks to Jim for the info.
@ashercohn3923
3 жыл бұрын
BS... Jim always PRETENDS to have inside info. That is smart, it makes schmucks say.... JIM ALWAYS HAS INSIDE INFO
@audiophileman7047
3 жыл бұрын
@@ashercohn3923 How do you know that he doesn't have insider information?
@farmerdude3578
3 жыл бұрын
Pretty hard to believe that inflation will go away like a fart in the wind. But I hope he’s correct. If inflation continues for three or four months I think it’s here to stay.
@billrundell2097
3 жыл бұрын
The biggest crash since 1929 is at our door step. In 1929 depression 20,000 people starved to death. The next event will even be far worst.
@nadiasmith226
3 жыл бұрын
Look up inflation and Milton Freedman ,fantastic
@markdebelich5101
3 жыл бұрын
The inflation party has just begun and it wont be a fart in the wind but a turd on your doorstep. $9.80 /KG tomatoes in woolies today.
@pulsarlights2825
3 жыл бұрын
Deflation is worse than inflation, so be very careful what you wish for
@farmerdude3578
3 жыл бұрын
@@pulsarlights2825 Good Point.
@flyinkiwi01
3 жыл бұрын
The New Zealand Reserve Bank owns 0 ounces of gold or silver as reserve assets. They removed "specie" or gold and silver from legislation as being valid reserve assets in the late 1980s. This position is not being reassessed I am told.
@rocking1313
3 жыл бұрын
ditto here in Canada !
@biggusdoggus5909
3 жыл бұрын
Why would China accumulate so much physical gold and silver I wonder???
@leononeile6284
3 жыл бұрын
Your kidding me That’s insane
@forexman4894
3 жыл бұрын
mike salmon hey Mike just a thought. It's only good backed by gold and silver if if you can take delivery.
@AY-qf4pg
3 жыл бұрын
New Zealand have large sheep reserves They could peg their currency to sheep as redeemable certificates
@ElieBlaxBlaze
3 жыл бұрын
India's gold reserves are with 400 million households. It's one of the largest in the world.
@paulwright1620
3 жыл бұрын
Fact
@rogerburn5132
3 жыл бұрын
You are right I have seen indian weddings. All Gold
@withoutexcuse2011
3 жыл бұрын
To Rickards I say, *"Bullshit!!!"* We must never forget that Rickards is an Insider and talks their book. He is smart - very smart - but that does not erase where his allegiance lies. He walks the fine line between 'them' and 'us' better than anyone else I know.
@ashercohn3923
3 жыл бұрын
Chicken up 35% jim sees 2%, lumber up 150% jim sees 2%
@graysonjaxon6038
3 жыл бұрын
This's an amazing information about gold and prices. No fluff, no fake in it just pure learning about gold and is value. This video is resourceful example of quality content on KZitem
@steeltown825
3 жыл бұрын
Gayson, and yes I forgot to use the r in your name for a reason. Shhhhhh.....Truth coming soon to you.
@kenetic1228
3 жыл бұрын
How long will the Australian public allow to be locked down for no reason? It’s amazing. I used to want to travel there, not now.
@msab930
3 жыл бұрын
Australian population - 25 Million - Claimed COVID19 Deaths = 900 people (.000035%) - LOCKDOWNS continue without any legitimate reason
@rogerburn5132
3 жыл бұрын
As long as the people stay quiet and obeys the OPRESION of the government. Remember if Nobody obeys Nobody Rules
@nonyabidness7260
3 жыл бұрын
Jim always understates inflation, ALWAYS !
@willtherealgeorgemichaelpl5879
3 жыл бұрын
This guy is a shill!
@ef3371
3 жыл бұрын
Excellent interview questions. One of the few moderators who have bothered to read the earlier books on Gold. For example, Dr. Roy Jastram in "The Golden Constant" found that historically gold was a better hedge against deflation than inflation.
@richardpace8496
3 жыл бұрын
Jim, your sounding stronger than ever. Jim are you and Laniett Zang on the same page?
@xxxchurch100
3 жыл бұрын
A 42 minute advertisement for ABC Bullion .
@johnjordansailing
3 жыл бұрын
When does Jim's new book "The New New Case For Gold" come out?
@randybest9187
3 жыл бұрын
LOL!
@bonoculars951
3 жыл бұрын
How premium r u making to buy Bitcoin when u r selling your gold?
@cbbbgbbb497
3 жыл бұрын
jims books are great
@TheFox808
3 жыл бұрын
22:27 But with less people won't there be less demand for goods & services to offset the decreased workforce?
@QuaaludeCharlie
3 жыл бұрын
Buy Gold , any fractions of Gold , Whatever it Takes . Buy that Gold , Put it away . act like you don't have it for Years , Then Look for Dips to Buy More Gold , Think about the Wealth Gold Preserves , Generational Wealth , Fiat Currency you can go Gamble that away , But Gold is Parked Money , Real Money . No touch unless it's an Emergency . Or a Real Purpose Land , Passing it along :) QC
@mindofmark742
3 жыл бұрын
And if you need "cash" you can collateralize loans with it, pay back the loan with ever-inflating cash and keep your gold - no need to ever sell it.
@hawksbill5037
3 жыл бұрын
Her Charlie. Remember the 714’s? They were sooo fun. Gold and silver are bad investments. Go bitcoin instead.
@johnporter9478
3 жыл бұрын
Jim Compares what I Buy Once A Year With What I Buy Everyday
@Goldenpheon24
3 жыл бұрын
Is there any chance that the US would sell some of its gold?
@Tony-Tequalla
3 жыл бұрын
Bought the book. It's a good read for those that want to preserve their wealth in these times of increasing inflation.
@User0resU-1
3 жыл бұрын
According to Jim there is no inflation.
@jamancity5564
3 жыл бұрын
Thanks Shae, love your work & thanks to Jim too ! - Ja (WA)👍❤️
@inkiisuh3127
2 жыл бұрын
WHERE DO I BUY PHYSICAL GOLDS OR SILVERS?
@AbcBullion
2 жыл бұрын
Visit our website at www.abcbullion.com.au/
@rodrigopino9032
3 жыл бұрын
Nonsense. Temporary, transitory, temporary, inflationary. This is a waste of time. Go back to sound economics and monetary policy.
@garyspencersalt9449
3 жыл бұрын
A well-rounded investor in finance and life
@markhoward9743
3 жыл бұрын
Yeah, jimmy could not be wronger on this one,a real swing and miss son!
@GoodmanMIke59
3 жыл бұрын
Jim generally offers a more balanced look at things like inflation/deflation.
@jeffready2446
3 жыл бұрын
Thank You Shae
@postscript5549
3 жыл бұрын
I am happily surprised that the U.S. has 70% of our reserves in gold. I hope that's right. But I find it very hard to believe.
@dantheman1337
3 жыл бұрын
Well i guess there is the argument: Why would they sell it if people will accept dollars?
@randybest9187
3 жыл бұрын
Don't believe it!
@hubbi8
3 жыл бұрын
In The Weimar Republic gold was 170 marks pr. ounze 5 years later it was 85 trillions
@cinzafenix08
3 жыл бұрын
Cool cheers from Portugal 🇵🇹
@bowtiebuy2
3 жыл бұрын
Can someone explain in simple and verifiable language/numbers ...... Jim's statement that the US reserve position is 70% in gold 25:40. My basic understanding is that the Fed holds around 8000 tons of gold. Is that what he is referring to as representing the 70% ....Thanks in advance
@MrKostol
3 жыл бұрын
How would you invest 100.000$? How much gold in mandatory?
@spitzndtruth1484
3 жыл бұрын
Jim is saying a lot but at the same time saying nothing
@johns4412
3 жыл бұрын
As usual
@Vanbrusa
3 жыл бұрын
I don't agree with the argument that because semi-conductors are in everything, then they are the cause of inflation for all categories, and so they are the source of temporary inflation. If they are in everything, then it makes sense that general inflation would take the form of a semi-conductor shortage.
@wayneanderson8034
3 жыл бұрын
Governments need a bogey man for the cause of inflation. Today, it is chips. The real cause of inflation? Government spending, but they can't tell sheeple that.
@Vanbrusa
3 жыл бұрын
@@wayneanderson8034 Right but it was Rickards making this argument not the government.
@jacktripper4242
3 жыл бұрын
Your local bank doesn't have your money or the gold to back it up, get your money out of the bank before they go to negative interest rates, lol.
@philipstallwood9813
3 жыл бұрын
Great interview, Shae did a good job asking pertinent questions to Jim and extracting lots of valuable answers from him. Super effort.
@AbcBullion
3 жыл бұрын
Glad you enjoyed it!
@VideoconferencingUSA
3 жыл бұрын
THUMBS DOWN: please coach your guests to use a headset for better audio.
@JohnWalker-pc8qm
3 жыл бұрын
We got negitive rates now ,gold getting sold or at least consolidating
@dr.ulyssesswlabr6642
3 жыл бұрын
Unusual commentary from Jim. 10y yield rises in response to inflation, which means dollar is weakening, not strengthening. Gold tends to move inversely to real yields, not the dollar. Sometimes gold and the dollar move in the same direction.
@MichaelWiberg-nh5cd
5 ай бұрын
Old age pension in Alaska and USSteel had some curiosity going as they said they couldn't pay thier pensions to employees. Volatility all the way its learned and bubbles mean it.
@grantharding8868
3 жыл бұрын
The prices are rising month to month now. Forget about last year.if you multiply last months CPI and add the rest of the basket that should be there its over 10% The gold price is manipulated to support a failed dollar.
@mand1009
3 жыл бұрын
Very true however markets need to be supported for the economy to grow but one can alway choose the path they deem fit. likewise they are many gambling for easy and fast cash.
@saeculum2738
2 жыл бұрын
I disagree with Richards on his inflation perspective - the bottom line is that no one can calculate inflation- supply / demand drives prices. High demand, low supply, higher freight costs, supply chain slowdown = higher prices
@Qtahpatriot
3 жыл бұрын
I’ll switch silver over to some gold when the ratio is fixed around 7 to 1.
@filthbomb
3 жыл бұрын
HAAAAAAA ...you'll be waiting for a loooooooooooooong time !😂😂😂😂
@AY-qf4pg
3 жыл бұрын
Great interview, thanks Shae and Jim!
@rogerburn5132
3 жыл бұрын
Subscribe to Peter Shiff podcast on you tube and you will have more knowledge
@mand1009
3 жыл бұрын
Without velocity and with the printing of those loose money, are there really no effect just MMT.
@WhiteActivist
3 жыл бұрын
Is that a Matsumoto in the background?
@MvTCracker
3 жыл бұрын
If you look at nearly every single city/town in North America they had serious unsustainable debt pre covid and lower tax collection in 2020 2021. If we do not see housing inflation "growth" then cities have to resort to hiking taxes and or making cuts (that could harm property value). If we see deflation it could impact stocks and retirement accounts. Falling prices could result in hoarding cash waiting for prices to fall further. Prices over 50+ years have only steadily climbed. Housing is up, health care is up (some covered by insurance or the govt) education costs are up. Electronics prices are going up even pre chip shortage (Graphics card shortages thanks to crypto mining) demand for copper and silver etc are rising for a green energy shift driving up the cost. OECD tax hike on tech companies likely to be passed on. Wages rents taxes do not fall easily.
@gma729
3 жыл бұрын
JIM RICKARDS = GENIUS !!!!
@rogerburn5132
3 жыл бұрын
That is because you don't know about.. Peter Shiff podcast on you tube.
@leononeile6284
3 жыл бұрын
Just read his new book and it’s awesome 👍
@doogcat
3 жыл бұрын
Shae you were absolutely awesome as a host in this interview i really enjoyed it ty
@dandulworth2768
3 жыл бұрын
I'm a member of Jim's Strategic Intelligence (Paradigm Press) group. He has always been spot on and this interview just confirms it.
@good2goskee
3 жыл бұрын
consumer electronics are not a good indicator of inflation. Of course a Galaxy S4 is cheaper today than it was 6 years ago, but it is not relevant today with it's technological capacity... I notice EVERYTHING up in my life. The price of socks are something bought every few years and is not relevant. Question.... do you really think the auto dealers are going to lower prices when they get semiconductors knowing we'll pay 20% more willingly? Also, 22:51.... I don't agree with the demographics issue. Automation and production elsewhere will pick up the slack.
@bign1667
3 жыл бұрын
Didnt Shae Russell once work or do reports for Australia Daily Reckoning relating to gold?
@07kato
3 жыл бұрын
I did. I moved to ABC Bullion in April this year :)
@bign1667
3 жыл бұрын
@@07kato exciting ! Congrats
@ghosttowntreasurehunter6089
3 жыл бұрын
The price of a product can stay the same but the amount you get decreases. It's called Shrinkflation and the Government number don't account for this.
@alejandraveronica6477
3 жыл бұрын
Bitcoin had a solid start to 2021, hitting an all-time high of nearly $65,000 in April.But it closed out the first half of the year down about 47 % from its record umber of looming risks could result in further pain ahead.
@nataliefiaschi9359
3 жыл бұрын
While proponents appear to be holding onto bitcoin for now, other investors are wary about wild volatility in the market and what it means for their portfolios. With that in mind, here are five of the biggest risks facing the cryptocurency as we enter the second half of the year.
@hawksbill5037
3 жыл бұрын
Where?
@jerrylong7445
3 жыл бұрын
July 1st Goodyear tire is putting their tires up 12%
@paulplesko1512
3 жыл бұрын
That's because of unions are giving themselves raises must be nice eighty-eight percent of population can't do that
@jerrylong7445
3 жыл бұрын
I love the wisdom flowing out of this man Rickards never bashing anyone
@nadiasmith226
3 жыл бұрын
The big problem is algorythmes (computors doing your investing) They're making positive investment decisions based on key words (from Powell for instance) or market cap. Look at Tesla it 's market cap went up because they borrowed money . The money was borrowed ( not an earned market cap) yet there was an atomatic buy. Envestments are now done through artificial intelligence they no longer are based on long term investing and good value measures . Just make quick money , they will unfortunately also loose money quickly in the long run.
@tavitonhouse5592
3 жыл бұрын
Precious metals will rise but we have to see US dollar declining and inflation worries increasing. Royalty companies like VOX royalty, Wheaton, Royal Gold are on the up since June
@leventerdem2340
3 жыл бұрын
The difference between buying and selling prices of physical gold and silver must not be so high , such that American people can easily buy and sell. In Turkey if you buy a kilo of gold , you can sell back 100 $ less . I think also Americans are prohibited to keep gold many years , this also make them precautious about gold. I think the time has come. The value can go up to 5 6 times in a short time. Get prepared . Since the inflation is 5.7% and interest is 0.5% . Nobody can stand to lose 5% every year. Or you will lose 40% in Stock Exchange baloon.
@arafatbukhari8845
3 жыл бұрын
Mr Richards, Love you man 👨. Your videos very helpful.
@jimjames6112
3 жыл бұрын
Is US gold held by the Fed or the Treasury?
@tomsawyer4857
3 жыл бұрын
What if the fed stops buying 10 yr bonds? You think interest rate will stay low?
@nobullshoot
3 жыл бұрын
40:10 him talking about reading faces and the host face is saying oh shite he is going on and the clock is running out.
@drip369
3 жыл бұрын
You would think that the closing of the gold window, and all of the redemption prior, could have prevented inflation if they simply destroyed the paper dollars that were redeemed for the gold, instead of releasing the paper bills back into circulation
@myspinup8782
3 жыл бұрын
Australian gold mining companies seem cheap with the relatively high price of gold.
@rogerburn5132
3 жыл бұрын
Invest in the Real phisical Gold bullion in your possession. Stocks in the mines are good but more risky. AND Gold is Relatively cheap at the moment.
@grantharding8868
3 жыл бұрын
I disagree with your view on prices rises. It will get very bad for everyone.
@davidfield4432
3 жыл бұрын
I found you… so happy. Great work Shea. 👍👍👍👍👍
@FlamesOfThought
3 жыл бұрын
Thanks
@RebelMindisPure
3 жыл бұрын
is gold a better buy than silver? I cant afford gold but I can sure afford a lot of silver :)
@markdebelich5101
3 жыл бұрын
You know since the FED has been going bezerk with the money printer, you watch so many of these economists debating the deflationary or inflationary economic future. You don't need to watch lengthy videos of economists arguing this because just look at how much everything has gone up. It's inflation, you would have to be brain dead if you can't work this out. The biggest let me down with Jim Rickards quite some time ago is when he said QE (money printing) is not inflation, Rauol Pal was another and so was Brent Johnson. For the reputation they have, the wealth they have, how can they say something so stupid?
@andrewhart6200
3 жыл бұрын
Love the informative history...listened to the ENTIRE VIDEO ;)
@hermanrogers1325
3 жыл бұрын
The price of gold is to high now. If I buy or invest in gold and pay 50,000 dollars I want the gold in the palm of my hand
@aaronee2752
3 жыл бұрын
Then buy the silver
@michaelmonaghan9226
3 жыл бұрын
I seen the number 13 on Bitcoin and i bought it, because it will take over the dollar.
@mattball7074
3 жыл бұрын
And who has the biggest say in the Bond market??
@ericfox9648
3 жыл бұрын
Thank you I love to learn
@mahajian
3 жыл бұрын
ABC Please upgrade your sound system!
@jrj90620
3 жыл бұрын
Deflation can happen for a short time period,but long term,inflation will rule,since there is no other way for our bankrupt govt to reduce it's debt load.
@kn9ioutom
3 жыл бұрын
GLD Now Has Five Hundred Tons Of GOLD In a London Vault ???
@MichaelWiberg-nh5cd
5 ай бұрын
Comfrey Root being made illegal is discomforting to me.
@PauloH7I
3 жыл бұрын
Inflation or desinflation ? That's the way for us around the world because the 💣 of impression money 💰.
@cwalenta656
3 жыл бұрын
Indeed the drop in the 10 year yield definitely indicates that the bond market does not fear inflation. I mean I don't know who in their right mind would buy a bond yielding 1.5% even if inflation were 0 because you have to pay tax on that 1.5%. On top of that the Fed is telling you they are targeting 2% inflation. Nobody should have an inflation expectation less than 2% right now, nobody and even if you do, fine, but the 10 year @ 1.5% is garbage, absolute garbage.
@goldenremnant2610
3 жыл бұрын
Monetary debasement coupled with a crippled supply chain and endless stimmy checks (which perpetuates the employee shortage) is why prices are going up. All of those are “inflationary forces”. It’s not complicated.
@denialphasebitcoin5639
3 жыл бұрын
I say Jim is wrong, he's just being contrarian, it sells books.
@hoods931
3 жыл бұрын
Why do all of these deflationary people say there is not really inflation because base effect. He’s basing high inflation due to looking at it from 3/2020-3/2021. Yet then bases a soaring economy from the bottom 3/2020-now. Why are we not comparing everything from say 2019-Now...??Do we have higher inflation than 2019; YES. Do we have a stronger economy than 2019; NO
@dantheman1337
3 жыл бұрын
He makes some but very little sense to me. I am none the wiser why we won't have inflation ( according to him) .
@chilibaldrr840
3 жыл бұрын
Just remember all the money printing that is going on and for no really good reason.
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