Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / * GOLD & SILVER Bubble * Do the Billionaires KNOW Something?

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* GOLD & SILVER Bubble * Do the Billionaires KNOW Something? · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

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  Bubbles, billionaires and what it means for silver and gold.
• 0:06
  Let's start with bubbles. How do you feel about it?
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  Do you think we're living in one of the greatest financial
• 0:12
  bubbles of all time? Some of the smartest guys in the
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  room, including the billionaires, think that's the
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  case. But we know one thing for sure.
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  There's no bubble in the silver price or the gold price.
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  But everywhere else we look, whether it be the stock market,
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  the real estate market, even the bond market, a lot of the
• 0:37
  smartest people are seeing, and you're likely seeing as well,
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  that we are in bubble territory. We know unlimited money
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  printing, unlimited debt, unlimited everything has led to
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  asset price appreciation like most of us could never have
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  imagined would occur in our lifetime.
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  Everything except for silver and gold.
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  But is that about to change? And are we living through one of
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  the greatest bubbles of all time?
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  Let's go to our friend Extra's Pyramid and see what they can,
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  what he can show us about a bubble.
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  When we look at Extras, Pyramid guys, everything above gold and
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  silver, remember those are the real assets.
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  Those are the base of the entire monetary system.
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  This of course is according to John Exter who worked for the
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  New York Federal Reserve and just died a few decades ago.
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  Everything above gold and silver, the real assets, the
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  base of the system. That would include base money,
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  bank money, government bonds, corporate debt, non monetary
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  commodities, derivatives, even crypto currencies.
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  All of that rests on this base of gold and silver.
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  And when you look at the sheer volume, the sheer size of all
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  those synthetic components again base money upwards in relation
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  to the size of the gold and silver market, it is crazy, I
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  heard someone recently say, what happens when Extra's pyramid
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  gets inverted. That doesn't mean gold and
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  silver go to the top. Gold and silver remain at the
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  bottom, but the pyramid becomes a regular shaped pyramid where
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  all that money that's at the top filters into gold and silver.
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  That means we have tremendously higher prices for gold and
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  silver. Are we in a bubble?
• 2:53
  That begs the question? Well hey, let's have some fun.
• 2:56
  Let's move over to this interesting political cartoon
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  that says first comes the bubble, then comes the bath,
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  next one, OK, there's the stock market.
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  Everyone's out there yelling for encore, encore.
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  And there's the bear, right? And there's the director and the
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  bear saying now, now, right, the bulls out there right now, right
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  And the bear saying now, now, and the director saying not yet,
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  but your time will soon come. Finally, let's look at this, a
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  fancy hedge fund specializing in highly complex derivatives and
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  exotic financial instruments for discriminating investors.
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  And what's the hedge fund manager saying?
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  Buy gold. Are we seeing that?
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  Let's go back to extras pyramid, right?
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  Are we seeing that now the size of the derivative markets
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  measures in the quadrillions. OK, remember a trillion right?
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  And a quadrillion is 1000 times a trillion.
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  But a trillion alone is 1,000,000 * 1,000,000.
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  We could be in for major major changes in the gold and silver
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  price if and when any of that synthetic components above the
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  gold and silver, just a little bit of that money starts to
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  filter down into the precious metals again.
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  Imagine this diagram with gold and silver remaining on the
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  bottom, remaining the base, but instead of it being an upside
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  down pyramid, now a right side up pyramid.
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  And when you imagine that, it doesn't take a lot to imagine
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  that we could get tremendously higher silver and gold prices.
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  But what about the billionaires? I promised you some information
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  about that. What are the billionaires saying
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  about silver and gold? Jeffrey Gunlock, right.
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  Double Line capital, One of the smartest guys in the room
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  recently said he'd consider cash and gold.
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  As financial markets are displaying, quote, increasingly
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  grabby behavior by investors. Jeffrey Gunlock talks about
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  gold. What about Paul Singer?
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  Billionaire, right? Elliott Management.
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  He's moving some of his assets into gold, right?
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  And this This isn't Warren Buffett, everybody.
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  That's the only billionaire Bill Gates and Warren Buffett that a
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  lot of us know. Guys, there's a lot of non name
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  brand billionaires out there. We're seeing is an increased
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  interest in their behalf in the silver and gold market.
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  We're going to talk about One last Billionaire, but before I
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  do that, I'm going to say thanks to our channel sponsors, First
• 5:39
  Mining Gold. You can learn more about them at
• 5:42
  firstmininggold.com, Fortuna Silver.
• 5:45
  You can learn more about them at fortunasilver.com and of course
• 5:49
  our friends at Pinbex who you want to check out Next time
• 5:53
  you're thinking about buying yourself some silver, gold or
• 5:56
  platinum like some of the billionaires are doing, go check
• 6:00
  out Pinbex. They've got great prices, great
• 6:03
  selection, and great service. But you need to discover that
• 6:07
  for yourself. Throw them into the mix.
• 6:08
  Next time you're online shopping for precious metals, I think
• 6:13
  you'll find what I found. With Pinbex, you always get more
• 6:16
  metal for your money. Who's the final billionaire that
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  we want to talk about today? How about Stanley Druckenmiller?
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  Everybody knows Stanley Druckenmiller and he's been
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  moving some assets into gold oriented investments, more
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  specifically into gold mining stocks.
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  But nonetheless, we're seeing the billionaires, Maybe they're
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  joining us here in the basement. Maybe what we're talking about
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  is making sense to them when this extras pyramid does invert
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  when there are cracks in the wall, right?
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  And it always happens, doesn't it?
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  I know every day goes by and it feels like everything's normal,
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  all that normalcy bias or recency bias.
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  But if we look at back at history guys, we know that
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  financial cracks will emerge. It's like the the mag magma
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  under the surface of the earth, right?
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  Eventually it finds its way and we have big fundamental issues
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  in the system right now. Do you think it's safe to say
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  that math shows no forgiveness on the altar of truth in the
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  math behind the current financial system can certainly
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  be called into question after any big party.
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  And I'm telling you, for the last 30-40 years in this
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  country, we've had quite a party, right?
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  We borrowed money like there's no tomorrow, spent like drunken
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  sailors. But doesn't there always come a
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  hangover? Don't the hens always come home
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  to roost? Hey, you need to make up your
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  mind for yourself. But when I look at all the
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  evidence, when the hens do come home to roost, I want to make
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  sure that I'm protecting at least part of my wealth with
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  precious metals. Thank you for joining me today.
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  You are the most important part of Ron's basement.
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  I hope you enjoyed your time here and I'll look forward to
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  seeing you again soon.