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“Foolish” Fed Rate-Hike Will “Cause Hyperinflationary Great Depression”, John Williams Says Hold Physical Gold
Nation And State ^ | 2-9-2022 | Gregg Hunter

Posted on 02/09/2022 2:00:20 PM PST by blam

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To: blam

So, Glenn Beck was right.


21 posted on 02/09/2022 2:58:39 PM PST by moovova
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To: plain talk

“because I have been holding gold while the stock market has grown 98% over the last five years and I want you to buy gold and drive up gold prices.”

JW knows. Early in 2020 he predicted rising inflation based on rising gold prices in 2019 and reiterated that gold prices PRECEDED inflation. A predictor of inflation, not an inflation hedge.

It could be an inflation hedge if interest rates stayed low but that doesn’t happen.


22 posted on 02/09/2022 2:58:47 PM PST by TexasGator (UF)
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To: blam

You matter what the situation total economic disaster/collapse is always imminent. That’s why it keeps happening I guess.


23 posted on 02/09/2022 3:00:42 PM PST by SaxxonWoods ("If you see no reason for giving thanks, the fault lies in yourself." - Minquass)
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To: DesertRhino

> All of this is about that. There is no other way out.

And the present policies are in place to push it to inevitability. At some point there must be a “crisis” to push it over the edge.

The tail is really starting to wag the dog.


24 posted on 02/09/2022 3:03:16 PM PST by glorgau
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To: PghBaldy
"The cure then caused a sharp, short recession (felt like a depression here in the Rust Belt Pittsburgh metro.) "

I was living in Houston at that time and there were many cars with Michigan license plates...some had bumper stickers that said, "Will the last person to leave Michigan turn out the lights."

I bought a new house there in 1980 with a 13% interest mortgage.

25 posted on 02/09/2022 3:04:46 PM PST by blam
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To: moovova

“So, Glenn Beck was right.”

Why are his predictions never listed?


26 posted on 02/09/2022 3:05:54 PM PST by TexasGator (UF)
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To: blam

Invest in base goods and metals, lead, brass, powder and primers.


27 posted on 02/09/2022 3:06:41 PM PST by cpdiii (CANE CUTTER-DECKHAND-ROUGHNECK-OILFIELD CONSULTANT-GEOLOGIST-PILOT-PHARMACIST )
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To: blam

It’s bad advice. Gold and silver at best hold their value in the face of inflation. If you think the market is underestimating future inflation the smart money invests in products that will increase in value over and above the inflation rate.


28 posted on 02/09/2022 3:08:01 PM PST by Renfrew
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To: TexasGator

Glenn always advertised...”Buy gold!”.


29 posted on 02/09/2022 3:10:12 PM PST by moovova
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To: moovova

“Glenn always advertised...”Buy gold!”.”

Paid commercial.


30 posted on 02/09/2022 3:14:36 PM PST by TexasGator (UF)
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To: TexasGator

This was not about how one lives but whatever.
I live very well off my investments in physical gold and silver with zero investments in stocks or anything Wall Street. All my money was from property investments. Go figure huh. Bubbles going to bust, bet, its only a matter of when.


31 posted on 02/09/2022 3:18:24 PM PST by cranked
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To: cranked

“This was not about how one lives but whatever.”

You opened the subject.


32 posted on 02/09/2022 3:21:39 PM PST by TexasGator (UF)
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To: blam

How else will they do the great reset? Destroy the economy and the pleebs beg Uncle Joe for a solution. Its all our fault for not standing up to a stolen election!


33 posted on 02/09/2022 3:25:42 PM PST by The MAGA-Deplorian ( 2022 - VOTE THE BUMS OUT —— ALL OF THEM! RE-ELECT NO ONE!!)
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To: cranked

“I live very well off my investments in physical gold and silver with zero investments in stocks or anything Wall Street. “

Did you sell in the golf bubble of 2011? Gold is lower now but recovered after a 40% decline.

Is gold in another bubble set to burst with rising interest rates?


34 posted on 02/09/2022 3:29:42 PM PST by TexasGator (UF)
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To: DesertRhino

All of this is about that. There is no other way out.

Pump and sell oil, natural gas, mine and sell coal. Like crazy.


35 posted on 02/09/2022 3:30:23 PM PST by Paperpusher
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To: cranked

golf >> gold


36 posted on 02/09/2022 3:31:04 PM PST by TexasGator (UF)
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To: TexasGator

I invest in physical gold and silver coins, etc. from the money I made and continue to make from real estate/properties. I’ll take the bubbles of them over the bubbles of stocks and Wall Street, any day. But to each their own.


37 posted on 02/09/2022 3:33:39 PM PST by cranked
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To: blam

“You are going to end up with an inflationary depression or a hyper-inflationary Great Depression.”

I’m not sure there is such a thing. Even in theory.

But it sounds scary, which is his goal.


38 posted on 02/09/2022 3:38:56 PM PST by Mariner (War criminal #18)
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To: cranked

My stock market REIT increased over 1000% since the purchase about 25 years ago.

Gold 550%


39 posted on 02/09/2022 3:50:51 PM PST by TexasGator (UF)
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To: TexasGator

Notice how you keep missing my investments in real estate and properties.......


40 posted on 02/09/2022 3:53:08 PM PST by cranked
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