Great guest, speaks without trying to throw the fear factor in the debate,, Facts and more facts spoken without screaming out FIRE ! Makes one believe in what he is saying,,,Bring this guy back !!
Daniela, Mr Williams is one of the most interesting people you had on, even before ITM. And you talk with him for only 18 minutes. What? How can you do this? Get him back on and at least a two part series, 1,5 hours each.
@@dognamedDooley Perhaps ypu should check your own moral compass first. I could dive deeper but I kindly decline the invitation to converse further. I wish you good luck with your attitude.
Grant documents the favorable price of gold now compared to the Dow beginning 2003. I would like to see that ratio with dividends included (gold pays none).
This is a valid point, but this appears to be moving into more of a game of musical chairs played with paper with numbers on it versus real assets. Confidence dying in fiat, SLOWLY THEN ALL AT ONCE 🌊 🤷♂️
It hard, is much counterfeit and to sell privately near impossible without a 3rd party that charge for the service. Mostly be confined to pro's to authenticate.
We really already have a digital currency, Credit cards and debit cards. It's been working along side cash currency for 50 yrs. We're so used to carrying cards that it's almost the only thing we carry. I prefer cash, and prefer it be backed by gold and silver to keep the system honest. Let personal CREDIT control whether you have a credit card (because I don't) and your bank account control whether you have cash available to your debit card. Pretty simple.
let me understand, tomorrow i go to the mall e they will tell me they don't accept fiat money, how are thinking to sell their stuff, The majority of the people don't own gold. Greetings from Turin Italy
The thing with these hosts is that ultimately themselves they couldn't care less in what financial situation or circumstances most of the listeners are living as they are well off financially, and a law of human nature states that if one is doing good, fine and dandy the rest won't matter, they mostly are invited to express their expert point of views, and such RU-vid exposure gives them some kind of headlight about what they achieved, they know and are advising, that being said they do offer great advice, wise advice for some, and great info but they're humans as well and they do that for their recognition and ego satisfaction deep down first and foremost
So different than my experience...there is no rapture...and if Jesus ever comes back it will be happier times...and a nice day at the beach with friends..not a sad scary day..but to each his own.... fear for if you like..your choice 🎉
With the money printing and rates policy the trades 40 years ago were to be in bonds, stocks and real estate. Gold was not the trade then. We started with high rates of 17 percent and no QE and over the next 40 years we had rates go to zero and QE infinity. The money in bonds, stocks and real estate has been made. Now its golds turn because of the degradation of the currency. The institutions have already made their money and they will be out of the old trades.
Grant, like nearly all traders and HF mgrs, has absolutely no clue how companies and the economy actually operates. There are trillions in long term commercial contracts across all industries worldwide that are denominated in USD. These currencies do not contemplate switches into other currencies. They are locked into USD. Period. Currencies are not only affected by FX traders like traders and HF mgrs think. These long term contracts, present and future, provide a natural hedge against market volatility. One might say that we see FX crises in other currencies so why would the USD be immune. Thats true but these are not USD crises. These are in currencies that DO NOT denominate trillions in commercial contracts. They are merely currencies used in domestic trade or at best currencies used in neighboring countries. They are not the global reserve or trade currency. There will be a crises in USD but it will unfold over many years, not overnight
Haha today, wed. I watched has everyone else has the price of gold Klein and continue to slowly climb so if you have mining stock that should climb also you would think but when it started climbing so fast and so much none of the mining company stocks climbed there was a slow here and there up and down and as it had climbed six cents over the week suddenly out of the blue there was a massive massive sell-off bringing the stock from 51 cents down to 45 in about 5 minutes later why we all were still trying to absorb the shock of the huge drop the gold price started coming down imagine that it's as if they knew ahead of time that the gold price was going to come down
My summer was going great until, the drive ring on the rear wheel of (one of) my eMTBs I just rebuilt, failed (30,000kms) DAMN! Salmon fishing perhaps???
Grant is wrong on this currency collapse. This collapse will involve technologies to move humanity forward, not like previous collapses. Understand where we are going not where we’ve been!
Gold and silver are priced in all currencies (fiat currencies, with no tother backing than faith). If the dollar collapses the price og gold an silver will go up in dollar terms. It is not gold and silver being worth more, just fiat currencies (like the dollar) that devalues over time. There could also be a revalutation of gold over night meaning that your purchasing power decreases from one day to the next, where gold would keep its purchasing power ebcause of the revaluation. I dont know if that helps?
The Gold would no longer have Dollar value but it would still be of value compared to our Currency the Dollar the same could be said about more then just Gold.
Gold *IS NOT* priced in Dollars. Dollars are priced in Gold. The Dollar was originally created as @1/20th an oz of Gold. Then Rosevelt revalued the Dollar to 1/35th an oz. Then Nixon removed the Dollar peg to Gold in 1971, it was still "supposedly" 1/35oz 😆😅😂🤣 Now the Dollar is 1/2400 an oz. As Gold is $2400USD/oz Nothing, NOTHING says the Dollar can't be 1/50,000 an oz, or more. Gold is not going UP in Value The "Dollar" is going DOWN in Value. The USD is worth 0.833 % what is was worth 100 years ago. What used to cost $20 in 1918, now costs $2400 in 2024 Currency Printer go Brrrrrr. GO FED !!! Welcome to 🤡 🌎
As I see it, everything will be priced in grams of gold. Forget silver. It's an industrial metal. Remember: World Money = Gold 💰, Gold = Tier 1 asset, World Currencies = CBDC'S, CBDC'S backed by gold (40%).
Broker/Dealers control what is marketed to the public, as well as what investment advisors and stock brokers can legally discuss with their clients. The investing/speculating public is driven to the options broadly marketed... it seems disingenuous to continue being surprised that physical gold investment is not to the public more broadly acceptable.
With a low tax rate and huge energy production The US has a lot of room in a real crisis. US debt would be a non issue if taxes were hiked 15 percent across the board. Look to the dollar as a share certificate. It represents the Entire US economy and future productive power.
The issue isn't America if the rest of the world does not have a functioning economy who exports to America? Does the average American think that the rest of the world will just suffer and America won't feel the burden?
Not true. The same people who say "not everyone has gold" or "it's difficult/impossible to sell gold" etc are in denial about how many people don't actually own BTC or even crypto.
@jc5331 I may have to someday use a crypto currency when the government forces us to use a CBDC. But until then, I have more digital currency usage with my debit & credit cards than I need. I try to pay with cash whenever I can.
