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Hugh Hendry: Gold Is Very Silly 

Bloomberg Television
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Hugh Hendry, founder and former CIO of Eclectica Asset Management, shares his thoughts on Wall Street and markets.
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27 сен 2024

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Комментарии : 87   
@ahorrell
@ahorrell Год назад
Hugh sounds exactly like a dude who wants wasted people at parties to think he's smart.
@Brad-Harris
@Brad-Harris Год назад
Hugh sounds like a wasted person at a party who thinks he's smart.
@AmazianLinsation82
@AmazianLinsation82 4 месяца назад
@@Brad-Harris He may be a one hit wonder but he certainly is not stupid
@jenny4687
@jenny4687 Год назад
He needs to get back on Lithium.
@CraigTheBrute-tf6hx
@CraigTheBrute-tf6hx Год назад
Gold isn’t a silly asset. Gold isn’t an asset, period. Gold is money.
@brunoheggli2888
@brunoheggli2888 Год назад
Then you dont know what money is!So buy me a cup of coffe with your gold!
@americanaforever6725
@americanaforever6725 Год назад
Robin Williams character giving financial advice
@AMPKlickitat
@AMPKlickitat Год назад
Hugh Hendry is very silly. The guy has the affect of an LA music executive circa 1977. He hasn't managed a fund since 2017, and his claim to fame really being two good years. No one's made money on his advice since 2008, so hard to see why he's on Bloomberg beyond the amusing shtick. I suppose he wins a contest for "least dour Scot", but beyond that? Feels almost like he's having himself a joke at the expense of news editors, showing up on a buttoned down business show like he's fresh off a Tony Montana after party . . . as performance art, I guess I appreciate it.
@MrNikkertti
@MrNikkertti Год назад
He has really sharp observations about the market. Don't shoot the messenger even if the messenger is a bit flamboyant and coked up ;)
@dac8939
@dac8939 Год назад
He still manages his own funds
@tonydixon9579
@tonydixon9579 Год назад
@@dac8939 I bet u manage yours too
@user-pc7ef5sb6x
@user-pc7ef5sb6x Год назад
Wow, what did he do to you for such a personal attack? Sounds like you know him personally. No one would write such a long comment if they didn't
@AMPKlickitat
@AMPKlickitat Год назад
@@user-pc7ef5sb6x I don't know him personally. Have you watched the video? Its embarassing, nuts -- and likely the weirdest thing I've seen on the otherwise very staid Bloomberg. Check out other comments by other folks about this vid . . . I'm hardly alone in my opinion.
@cilldublin07
@cilldublin07 Год назад
If bono was a fund manager
@tonydixon9579
@tonydixon9579 Год назад
Too harsh. Hugh never went to flew with or went Epstin Island + Bono is possibly the biggest douche on the planet
@mp13r17
@mp13r17 Год назад
He comes across as one of those smart people who know what they mean in their own head, but don't realise they're unable to string meaningful sentences together. He exhibits Knights-Move Thinking which is consistent with psychosis, but its interdispersed with technical jargon so people just assume it's their own lack of understanding. Would love to have met him 10-15 years ago before he lost it.
@smithyboy572
@smithyboy572 Год назад
Completely agree.
@Bhgjjj
@Bhgjjj Год назад
He’s saying we have incredible deflationary events happening in the banking system that you cant see from main st. until it hits you with full momentum. Bank closures and Great Depression lineups at every bank. What the economy really needs is real negative inters rates to correct the market, but will eventually correct regardless. Gold has always and will eventually become the world reserve currency
@smithyboy572
@smithyboy572 Год назад
@@Bhgjjj thanks for the translation. Okay point on deflation, bank credit creation for consumer is up 12%. There’s a story to know about that situation involving the central bank. Rates don’t move the economy. Look at GDP X 10 yr - GDP leads rates. Gold, I’d rather own BTC.
@dac8939
@dac8939 Год назад
He is like me. 1st class mathematics graduate and masters in financial engineering. Prefer not to speak as most ask stupid questions, unless in the industry and can comprehend
@mp13r17
@mp13r17 Год назад
@@dac8939 He differs to you then in preferring not to speak. The guy doesn't stop once he gets started with flights of ideas. Like a beautiful mind but difficult to pin to a direct line.
@georgewright9914
@georgewright9914 Год назад
This Hugh Hendry guy gives off instagram fake guru vibes
@davidkennedy8929
@davidkennedy8929 Год назад
Gold is king, gold is real money and will always be.
@davidkennedy8929
@davidkennedy8929 Год назад
But he’s definitely on something! Where can I get what he’s on?
@ssuwandi3240
@ssuwandi3240 Год назад
He agreed to it he said he would own 15% of gold. But he also made a brilliant mockery "you can't win w gold in a manipulated constraint system but only when that system is finally broken" that's what he meant with silly nihilism.
@zippyvideospwns
@zippyvideospwns Год назад
The Great Humbling
@slovokia
@slovokia Год назад
Quantitative easing by central banks has taken the place of money creation by private banks. Most of the QE will never be unwound - it is defacto monetization of government debt. So don’t worry about deflation.
@inquisitive8903
@inquisitive8903 Год назад
Yeah, but look where the m1 m2 are heading in a high interest rate scenario? Where is this money going to be in?
@anassmsallem1977
@anassmsallem1977 Год назад
Gold isn’t silly but this guy on the other hand…is
@garyporter3919
@garyporter3919 Год назад
I like the idea if gold cracks that ceiling of $2070 we just might get a moon shot. I think he's right on being in that trade.
@kneedeepinit
@kneedeepinit Год назад
I hate to sound like a syncophant, but I agree with everything he is saying. 50 % tlt, 25% gold, 25% commodities is exactly my portfolio
@Plaga341
@Plaga341 Год назад
best interviews in the game
@christophersurnname9967
@christophersurnname9967 Год назад
What was he saying about TLT? Is he bullish on it or not?
@tonydixon9579
@tonydixon9579 Год назад
Wouldn't worry either way. Ultimately he blew his fund up. Made his money from fees.
@michaelmackey754
@michaelmackey754 Год назад
Hugh is awesome
@workforceworkshop
@workforceworkshop Год назад
Tech workers scramble to make ends meet.
@easterntechartists
@easterntechartists Год назад
he says don't own stocks then says buy amazon 😂
@gilliebrand
@gilliebrand Год назад
Uses lots of words, but doesn't say a great deal.
@theusualyt
@theusualyt Год назад
"gold is nihilism" 🤣🤣🤣
@gmo709
@gmo709 Год назад
Yes..gold...no intrinsic value. Better hedge against inflation is natural resources. Stocks....best way to beat inflation over time, but grab a slice of the market. Market is up more often than down by the way. Side gig...learn how to evaluate businesses and buy good ones at a discount. Lastly, turn off financial media..blah blah
@eh7599
@eh7599 Год назад
He is wrong. Gold is held by central banks as a source of value no matter what. Gold has been the only thing that has been reliable for CENTURIES.
@royprovins7037
@royprovins7037 Год назад
Stand up comedy
@biobillionairwill731
@biobillionairwill731 Год назад
Sweet
@robertbachmann8141
@robertbachmann8141 Год назад
he's on drugs.
@jorgegomez524
@jorgegomez524 4 месяца назад
He should have bought when he gave this interview . He was death wrong
@OsheaJones
@OsheaJones Год назад
Gold should be reserve currency. This guy is a nut!
@ktrain1100
@ktrain1100 Год назад
He just got back from a Woodstock party.
@sumitomoO0O
@sumitomoO0O Год назад
Inflation should be zero, so that we dont end up getting the shaft at time of retirement 40 years later
@paxundpeace9970
@paxundpeace9970 Год назад
Then move to japan.
@ssuwandi3240
@ssuwandi3240 Год назад
Not anymore. 3.6% inflation in Japan. All retirees must do their own farming what you do all day just lounging
@hangender
@hangender Год назад
Yea gold is like pet rocks
@TheOhmae
@TheOhmae Год назад
he looks like doing drags🤣
@swedesam
@swedesam Год назад
The word salad master makes another appearance.
@Mikewee777
@Mikewee777 Год назад
Federal bonds and frozen bank certificates are the closest thing to secured by the government right now.
@madmoe3461
@madmoe3461 Год назад
Despite the very bad delivery, he has solid points
@boyitelluwhat
@boyitelluwhat 5 месяцев назад
I have never witnessed an “expert” saying so many words without saying anything at all. All I got from this stream of consciousness was that TLT is great and gold sucks. Fast forward to today and gold is up25% and TLT is down 15%. Why does anyone talk to this guy.
@dancovrboski9135
@dancovrboski9135 Год назад
Bitonot I lokymot. Ə od edən hovek koj ə itologihno İmişli newto neverovatno izym 02nasto.eeee zanego sə wose dvizi vo svetot I negizema do 2029 godinasam samo za. Spas od. Global a ekonomia. Ako sakate dase pridryzam vlozyvate
@jwkoeniger
@jwkoeniger Год назад
Guys with English accents sound smart to us Americans. Hugh sounds like Cramer with a British accent. Or is it Irish or Scottish? I'm American, whaddoo I know?
@chavruta2000
@chavruta2000 Год назад
speaking of silly..
@Rnankn
@Rnankn Год назад
What the caterpillar calls the end, the rest of the world calls a butterfly
@dac8939
@dac8939 Год назад
What is his networth?
@fiftyoneindustries2
@fiftyoneindustries2 Год назад
I need the whole segment please. It was so good
@lcuie
@lcuie Год назад
Lol the comments. Go hugh 🤣
@AtlanticIslander
@AtlanticIslander Год назад
Soooo, don’t own equities and gold is silly but then…own equities and be heavily exposed to gold…huh, what?
@lorenzmuller3542
@lorenzmuller3542 Год назад
The title is misleading.
@ssuwandi3240
@ssuwandi3240 Год назад
He's just telling the growth that we have known of, required a systematic negative real rate. Which was true. Without it you will see a deflation because the US is largely a service based economy. Almost everything was imported and resold here.
@elgavio
@elgavio Год назад
Yeah, he’s saying Gold is silly it only works when everything else is broken. The lady misunderstood him.
@lorenzmuller3542
@lorenzmuller3542 Год назад
@@elgavio He said he's long ag and gold.
@ThickBanana
@ThickBanana Год назад
Index funds are as good as gold
@eh7599
@eh7599 Год назад
Wrong.
@rooftime4730
@rooftime4730 Год назад
gold is going to 1750.00 soon , silver to 15.00 don't buy manipulated to no end .
@breecedjpancake8565
@breecedjpancake8565 Год назад
Lol
@taylorkaplan2614
@taylorkaplan2614 Год назад
Ill buy it off you for 1750
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