Mario..It's amazing how much time, effort and resarch you put into your videos. I've been a subscriber for years and I watch, listen and learn from your shows every day! I've never once been disapointed. Thank You for all you do. You are a Stand Up Guy!
Absolutely agree from 🇨🇦. I’m in Agriculture Economics and there’s always something to learn from Mario and his experience. And for free?!? Sadly it all points in the same direction: be your own Central Bank and trust no one. 😅
I think there are some rude people in the comments today. If you don't like the content then don't watch it. If you have nothing nice to say then don't say anything at all. Simple. Morning Mario and Rudy. Thanks for your content. ☺️
Casting unsupported aspersions and making accusations that are mere name calling??? @@Freedom4Ever420 🤔 Hmmm how's your cubicle in the basement of BIS working out for you and your Mom? Bots your problem with Mario exactly? And btw "Freedom4Ever420" is the most retarded CIA name
@@Freedom4Ever420that's the dumbest thing anybody has said today, and that's pretty bad, because Mohammed Hijab set that bar pretty high before breakfast!
The administration's incompetence and corruption are becoming increasingly absurd. I feel horrible for people with disabilities who aren't getting the support they require. Thank you Leah Foster Alderman. Imagine investing $1.5k and receiving $6.5k in four days.
it makes me laugh when they say that, and also claim that rising bond yields have presented a chance to lower the opportunity cost of holding gold that has no return, gold as we know has returned about 10 percent per annum on average much better than thier fradulent currency, i mean rising bond yields is the opposite of what the banks and goverments want isnt it, and why because thier insolvent - makes me laugh
It's not complicated.....They got rid of the Gold Standard so they could print as much money as they wanted without having to revalue gold ....They have just gone crazy printing printing printing ever since.......Fiat has lost it's value against gold, that is why it now costs over 2000 Fiat dollars to buy an ounce.......
@@jean-louislalonde6070is that why when i tried to buy the exact same house with the exact same dollars as was used to buy it 30years ago, they laughed? Confusing coz same house, same dollars!!!
Let the complainers complain, 25 years ago when I retired I bought gold for less than three hundred$$. And now it's over twenty four hundred$$$. Its value is more than eight times what it was so I'm good.❤
I’m so gratified I learned about the fractional reserve banking rip-off decades ago and positioned myself properly. Nice to see Mario educating people in today’s world on how they steal from us, how our own governments are involved and how we can protect ourselves. Great work Mario!
I remember when I went to China about 7-8 years ago I saw an 2-pages article in in-flight magazine (in Chinese) explaining the history of fiat currencies and USD and explained why gold and silver are important. I took a pic of the pages unfortunately couldn't post here.. I have more confidence on buying more gold and silver since then and trust the Chinese govt more since I saw that because the CCP government also asking their citizens to invest in Gold and Silver.
Other countries are at least yellow by their citizens to buy silver,gold,water and food.Our government says don't worry,don't buy anything,TRUST US.We dint hsve to worry about China and Russia.We have to worry about our true enemy,the us government.
@@jaredrousselGo to China before you comment. Their government has a long term plan to build their society and massive investment in infrastructure is obvious. Western governments barely plan beyond the next election and their planning is short-sighted and based on trying to stay in power and fighting wars somewhere else. I don’t particularly trust any government but on balance China is working for its citizens.
From a societal prospective I am seeing it here in the U. S., especially where I live. The lawlessness/crime and the homelessness problem is off the charts. The local politicians have sat on their hands here while the fire rages.
It’s done by design - if you wish to usher in a new system with profound societal changes, you first have to let the old system crash and burn. Unfortunately for us, we are living through it.
The new uk government may survive for 2 years. Then, the currency, taxation, and housing market will collapse. Bartter and silver might be the way forward for many people.
We older people who knew what happened to the USA monetary system during the Great Depression have seen this coming since the 1970's. I do worry some about the Great Takening and what will happen when the government has to admit that they are bankrupt and that our cash is worth zero.
Not going to happen. Once the oil flows which will happen in 10 months , the entire economy of America will be the greatest recovery ever. Chevron decision by Supreme Court was a 40 year old scam which now Americans are free again . America is back and in a bigly hugger way . Rejoice
That's not possible, brown sold all our Gold at its cheapest for no good reason? I am sure you have a valid point, Reeves will be a disaster, as every labour chancellor has been, but brown set a high bar for 'stupid' and it will take something to pass that in my opinion.
Have you noticed, the UK 2yr and 10yr bonds are about to un-invert ? Historically, this has been a bad sign, with a serious downturn within 3 months of the un-inversion.....which times with your warning of October. 👍
Yes, silver will almost certainly outperform gold on a percentage basis no matter how the GSR improves. Heck, it comes out of the ground at 7:1 or 8:1. That's why so many expert stackers are heavy-weighted on silver.
@@sang3EtaMining output is only one factor that goes into the demand and gold-silver price ratio. Does Bitcoin only rise by the amount that it's mined? If so, you'd see a necessary doubling each time it halves. That's how people want it to work but clearly not how a market does work.
You have no apologies for believing the word of God. We can thank King James for the old English version of it. We can thank others for putting it in a version which is much easier to read for the commoner.
Nice the original 1611 had all those footnotes in the margin of alternative renderings of words. The 17 page introduction leaves no doubt the translaters encouraged other translations that would improve on their work. They did not believe it was the only authoritative and final translation.
Daniel 11:36-45, the west...vs. 45 tomorrow lol. Daniel 7 and 12, the fate of the self-chosenites Isn'trael. ISRAEL Isaiah 11, Zechariah 10, Zephaniah 3. How does this relate to money? See "everything you wanted to know about cbdc's, but were too afraid to ask" by Yoav Soffer and Michelle Makori. Yes this is the hexagram entity, no the mark is not the actual number 666, but a representation that requires understanding to count. See Revelation 13:18.
I've been stacking gold since 2010 / 2011. mostly Pre - 1933 gold. back when gold was * cheap * and below $2,000 dollars. I'm still continuing to stack, 1813 gold Napoleons, grams of gold. It'll just take me longer. to save more depreciating government IOU's ( paper currency ) for gold.
The dirty man’s safe seems like a pretty good idea. However, after watching the video, I see 1 major drawback. The safe is NOT metal detector proof and uses decoy washers to divert the attention of someone looking for your gold. Not to mention, you can build your own dirty man’s safe for about 20% of the cost at Home Depot or Lowe’s.
Hi Mario. I thought I was going crazy because, although I certainly don't have your experience in financial markets, I have been getting clear visions and feeling that something big is going to happen sooner rather than later - for exactly the same reasons you point out. Thank you for confirming I am not going crazy after all. And, thankfully - I have been stacking since 2014. I have just purchased my retirement property which settles at the end of October. Against my gold holding alone, the house purchase price has dropped $30k (NZ) just in the last 3 weeks. I expect it will be a lot cheaper by settlement day.
If gold was to start a "bull run", those who would benefit by the increase in price are the declared enemies of the US, who have been buying gold for the last decade and longer. The US gold reserves, which have never been audited, have presumably diminished ever since 1971 when the US dollar was taken off the gold standard and the US described gold as a "barbarous relic"....The same people who have been supressing the price of gold since 1971 are still supressing the price of gold today, and they are not likely to stop.
Rotfl The long term bill run started in 2001. I guess you missed that boat. Look at the historic chart. Far more profit was made at the start of the bull when gold was 360 and ounce.
@@thebubster0312 Right…. Golden chains! Why? Employment and social stability are more important in any modern society . A war or economic crisis ruins a gold standard. The UK was forced of the standard during the Napoleonic wars and 1st world war. Why! It was the way to finance victory.
Thanks! Your video calms me down everyday, Gold has long been hailed as a store of value and a hedge against economic uncertainty, cryptocurrencies offer a new paradigm of digital scarcity, decentralization, and disruptive potential. From Bitcoin to Ethereum and beyond, these digital assets are rewriting the rules of finance, captivating investors with their unprecedented growth and innovation..managed to grow a nest egg of around 7.2Biitcoin to a decent 26.4Biitcoin. At the heart of this evolution is Sandy Barclays, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment....
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
The truth is, with this recent economy everyone needs more than their salary to be financially stable. The best thing to do with your money is to invest it rightly because money left for savings always ends up used with no returns...
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.
Mario that newspaper is old news. In 2003 I bought a little over 200 ounces due to "Peak Oil" and that war in Iraq....btw Gold was at low low prices so I piled in !
Thanks Mario - and so glad you're still recovering well. We (on the whole) I think, are too short-term in thinking. I try and stay away from the daily charts for just this reason as you end up forgetting the rise to date - and remember instead the fall last week etc.
Born in 1952. I collected stamps and was quizzical when seeing a German stamp printed over. I heard a touching story of a little old lady that all she had was a silver necklace. She would take just one link to the grocer. Another is that like Zimbabwe they kept printing. The Weimar delivered more and more to the manufacturer and the wives would show up at lunch...go shop...and come back for larger amounts at quitting time. As far as Gold the percentage of folks that will figure it out is roughly the percentage of folks that FARM.
Something you can use…. Financially….. NH best state in the USA. No state income taxes, no sales taxes, soon no interest and dividends taxes. Locate in a town with low real estate taxes and by far you pay the least taxes in all the USA unless you have high net worth and get the Puerto Rico exclusion.
I suggest you offset your precious metals and get into digital stocks, Downturns as bad it can be, provides good buying opportunities in the markets and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
To the newbies I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet.
Weather is beautiful here and we'll enjoy that shortly, we appreciate your insight regarding this and it's important to us. Thank you for sharing. Times are on shaky ground.
Go look at the gold chart again. I think we're further along the exponential curve than you think. It should double in way less time than 12 years. Think more like 1-3.
Obviously there are fluctuations in any market I'm talking about average prices over long periods of time. From the start of the Federal Reserve in 1913 until the 2010s gold went up an average of about 4% compounded but obviously every commodity went through the roof during 2008.
The ratio of silver and gold in the US has been set at 50:1. So, there maybe could be one last silver bull run while in this fiat system, but overall it could be lacking in massive price gains in the US if it sticks to its fixed ratio.
Bullion banks, net short 22.8M oz at futures price 2400 = 54.9B USD worth of gold. As of Tuesday June 25th. During summer of 2020 they were net short about 38B worth, which was considered high at that time.
So the banks think Gold will go out of style😂 and only they will stand the test of time 🤣 what practical & industrial uses does paper money have again? None!
34:40 / 35:00 Also, it's similar to the price action in the 1971 to 1980 bull market. Consolidation was 1974 to 1976 and new high above the $200 1974 high was around 1978, then kaboom to $850+ in January 1980. Though there wasn't much of a pause in 1978, like there was in 1921 and is now from 2020-2023. The longer time might be because this hyperinflation is in many countries, not just one. It's on an entirely different scale, as is the debt load.
Little correction: NATO bombed Serbia. I was born in Yugoslavia. When West decided to break it apart so they can steal our natural resources (thru privatization) etc. Serbia and Montenegro tried to claim exclusive succession right and fraudulently kept the name 'Yugoslavia' but that was baseless and faded away soon. Thus, it is incorrect to say they bombed Yugoslavia becuase it was Serbia as the failed warmonger hegemon. I am not approving NATO's crimes but Serbia & Montenegro were anything but innocent! War consequencess and destruction they inflicted on Croatia & Bosnia were indeed horrendous. I survived their balistic rockets and war planes attacks... I don't pity Serbs for being bombed by NATO
Hi Mario, I’ve been watching and learning from you for 3 years. Quick question. Do you think the miners will catch up with the metals prices. It’s been a frustrating few years.
I remember watching an interview with a CEO of a mining company back in the early 2000s. Gold was around $270 an ounce. He basically was saying it was costing them $250 an ounce to mine the stuff, and that, unless gold was no longer money, it must be the bargain of a lifetime at those levels. Fast forward to 2024, and gold is up 9x. Go figure! Moreover, a year or two ago, I remember a silver miner saying something similar about the cost of mining an ounce of silver. Silver was around $18 an ounce, and the AISC were then $16 an ounce. If the same historical analogy were to be applied/happen to silver as it were to gold, then perhaps in time we will see $145 an ounce silver (in the next 20 years, I mean, possibly sooner). That would be an amazing return from current levels. My last point is regarding Gordon Brown, and his decision to sell a chunk of the UK's gold reserves at around the $300 per ounce level. How wrong was he to do so! But it goes to show that even Chancellors/central banks/so-called experts can be way off in their predictions and policy decisions. One suspects history is repeating itself today.
Except now it cost the miner 2000 dollars to mine 1 oz of gold. Inflation in equipment, labor, insurance, land, etc. Even if there are known deposits it's still not profitable for mining companies. Look at gold stocks income is down.
4:11 10-11 July 1999? Wasn't that within a month of the $253 low in the gold market and the start of the bull market?😂 FT as the perfect contrarian indicator!🤣🙄
My parents bought their house in 1972 and it's appreciation was significantly higher than gold since 1972 except that houses are only good for 50 years and they had to remodel in 2014. In the first hundred years or so since the establishment of the Federal Reserve gold average about 4% compounded meaning that it doubles every 17.5 years but it's been significantly higher than that since 2017 when I bought gold.
