To subscribe to our publication and get notified of recent exhibits, please go to Tom welcomes a Jeff Clark again to the present. Jeff is Senior …
To subscribe to our publication and get notified of recent exhibits, please go to Tom welcomes a Jeff Clark again to the present. Jeff is Senior …
Tesla went 10x, and many more stocks gone 10x. Those opportunities are gone so next opportunity will be gold, silver and commodities in coming years
Wow another buying opportunity 8 years later how wonderful probably be saying the same thing 8 years from now. If you cant tell I am getting pretty salty hearing the same crap for almost a decade.
I’m happy to hear that Jeff is excited about Maple Gold. I own that company as well.
What do you mean "we'll see"? It's done, Biden will be President!
Why are you so sure there will be more stimulus to come? If the Republicans control the Senate, they will block all stimulus proposed by the Democrats just to sabotage Biden.
jeff clark by the age of 120, still gold is 1820, on his death bed: "I am glad we had another pull back on gold… it allows me to accumulate more..
I don’t know who needs to hear this but stop saving all your money, invest some of it if you want financial freedom….
Buy MTA A royalty company that takes profits no losses.
Where do all these crypto people come from? Talking gold and they swarm in it is funny and sad at the same time.
Just wait people are sick of digital illusions of wealth. Can’t hold crypto, can’t see it and it is the same as a digit on a screen.
Fake…..
I follow a lot of "experts". Jeff is one of the very best.
"The last opportinity" has been thrown around and used for several years now. I buy both metals, but I avoid the hype on where it is going.
Be realistic, gold may go up or down but polticians will NEVER be clean.
Probably, the best moment to sell physical gold will be when everyone will be looking at the inflation numbers. Or when my mother will ask me how to buy gold.
This guy is new to me but really like listening to him.
Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.
I follow his logic 100%
They will raise taxes and start gold confiscation through taxation when inflation appears
The Yellen quote about the debt was from Nov 2017, when the US debt was 20 trillion.
Bitcoin is the new gold.
Do what Raoul Pal did. Sell all your old and buy bitcoin.
Don’t be too alarmed by “monetary velocity”. Every new loan made by a bank is the creation of “new money” out of thin air. Banks do not lend their deposits. It’s all a mad game, but manipulation of all kinds will keep the show alive.
Dollar to the moon 🌙
The dollar is backed by the productive capacity of the nation. Spending on unproductive things like excessive military buildup beyond that which is needed for national security, expensive wars in the Middle East that add nothing to protect national interest and are not won, and tax breaks for the wealthiest people who have ever existed in the history of our species on this planet, contribute directly to dilution of the dollar. However, spending on infrastructure projects that strengthen the economy doesn't. Jeff Clark, you need to be more discriminating about your blanket condemnation of deficit spending and national debt. Of course, you are right about expenditure that does not lead to increased productivity and improved national infrastructure.
Now here is the rub. Not everyone agrees on where the grey margins are.
Does social security add to increased productivity? Payments might make some people lazy and less inclined to work. In other cases the payments might prevent family tragedies and bankruptcies, incurring huge individual losses, through periods of temporary unemployment, disability or sickness, ultimately resulting in improved economic circumstances for the individuals in the long term, and therefore increased national welfare. The European model seems to suggest that generous social security brings a net good. Please be more subtle in your opinions, otherwise you lose your credibility.
Now, there are other reasons to think we are in for a secular cycle reset, and big debt deleveraging, with a great deal of pain. But the cause of this is not Biden's infrastructure proposals. Read this:
https://www.dropbox.com/s/nf0rfkmhliex7pp/Secular%20Cycle.pdf?dl=0
Metals are killing me right now…my buy the dip fund is exhausted!
Excellent interview!! Thank you.
The worst part is Biden isn’t the only one planning to burn dollars. The Eurodollar market is also going nuts. The Belt & Road extravaganza is running on dollar debt. Everyone wants debt denominated in a currency that will be worthless. The outside the USA dollar pile is bigger than the domestic pile. This could get very ugly for US savers.
AGGGHHH! That was painful. The contortions people have to go through to try and explain inflation/deflation are excruciating. Jeff has the dynamics right, but the terminology wrong. You can't have "inflation" and "deflation" at the same time in the same currency. But he doesn't mean "inflation" when he says "inflation." He means "price increases." You can have price increases and decreases at the same time: it's normal. Prices fluctuate all the time, up and down. Economists didn't coin the term "inflation" to be a synonym for "price increase."
"Inflation" is short for "inflation of the currency supply" and always caused by the central bank. They rarely create deflation for any length of time, because its often too late to do so, politically. While governments do influence supply and demand using regulations and taxes, they are doing so in the same manner as weather, social fads and manias, optimism, pandemics, innovation, mudslides, droughts, and all the other forces that influence market behavior. The market force of supply and demand is the unmanageable portion of this dynamic: It has control of the velocity of currency (and of real money) because market members increase or decrease their transactions. The only thing the central bank/government absolutely controls is inflation and deflation of the supply of currency, and it can try to manipulate velocity through regulatory influences on the market's demands (allowing interest rate fixing; fractional reserves, etc.).
Prices are always a function of supply and demand by the markets, measured in currency or money. The currency goes up and down due to the inflation or deflation of the supply of it, caused exclusively by central banks and governments. Money (real money) gets goosed by an increase in demand when the public figures out the currency is being devalued (supply inflated) by the central bank. To conflate the word "inflation" with "price increases" confuses everyone. They say, "See? Prices aren't going up–we don't have inflation." But if the bank is "printing" Trillions of dollars for the government to spend, that's inflation; it will take time for the market to 1. finish their going-out-of-business sales and clearance prices, 2. realize what's happening, 3. readjust demand and supply, and ultimately increase velocity of transactions when they detect the devaluation of their buying power (starting with increased demand for gold, for example).
Inflation is 100% the fault of the government's creation of a central bank (and the voters who allow this). The good news is that Inflation is a currency-killer. It's self-destructive. In order to make sure the market (including voters) understand what's happening, they need to understand who is responsible for what. The market is in control of prices and velocity (and often rejects "free" gifts of currency, or refuses to spend it, at some point). The central bank/government is in control of the supply of currency, and when it inflates, it devalues. The market will decide where, and when, that will play out in prices.
The only thing I would disagree with is judging CEO's on how much their stocks have gone up in their tenure as this is something that is beyond their control to a large degree.
It looks like the financial powers are able to slam the PM paper prices down time and again. It just doesn't stop. Too much at stake for them. I love PM's but don't hold your breath for 2000 gold or 27/28 silver
what country is he living in that Biden might not be the next US president? a communist country?
FREEDOM!!!
Silver is focus and then gold
i followed some of Jeff's pickes he made in 2018. every single one was a huge win. He knows his stuff! Thanks Jeff!
AND OE MORE POINT. If the Fed does not print money the whole economy will collapse in a second
This guy is preaching the dame old shit. Hundreds of these better buy gold videos and gold continues to be a Dog with Fleas. Buy Bitcon and Crytos. Gold will continue to slump
Gold was never about Covid. Gold was rising before Covid. Gold has and always will be about Low Interest Rates, Fiscal Stimulus, Quantative Easing, Monetary manipulation, and a weaker Dollar.
JEFF
What if someone gets sick from it?!?!
Get on twitter Jeff, lots of sick people after the poke 🤮
🎅Happy hoho jeff
Can the host of this be my husband? Handsome goldbug manly and a great interviewer. Subbed!
Many people have participated in human trials and they have turned out badly. See here. https://www.firstpost.com/tech/science/australia-stops-covid-19-vaccine-trials-as-many-volunteers-generate-hiv-antibodies-9101801.html and https://granthshala.com/usa/cnn-dont-be-alarmed-if-people-start-dying-after-taking-the-vaccine/ and https://www.bitchute.com/video/Hi6ZTLhdpybJ/ and https://www.zeebiz.com/world/news-watch-nurse-faints-after-pfizers-covid-19-vaccine-allergic-reaction-on-live-tv-144116 and https://79days.news/watch?id=5fd40b88163f457aa7b97604
You will never sell if you wait for honest politicians.