Posted on 04/24/2016 9:32:34 AM PDT by Right-wing Librarian
An interview with Bill Holter, by "Dave" at the X22 Report.
27 min
“I fast forwarded to the last minute figuring it was a gold guy. I was correct.”
Thanks for saving me the time. There’s only one way to safeguard whatever wealth you have - diversify into many different asset classes. Gold can be a portion, but not a lot.
Asset classes move up and down relative to each other. In 2009 the best asset to have was cash - think how much more real estate and stocks you could buy with the same amount of cash compared to a couple of years earlier.
What happened in August of 2008?
*************
Wall Street demanded a payout from the gov’t and a stronger crony in Obunghole... and they got it.
Ain't no way we collapse unless and until ....
This is the year.
The Shanghai Gold Exchange just came on line, and precious metals pricing is moving away from paper games at the COMEX.
BaFin have finally forced Deutsche Bank to admit that they’ve been fraudulently suppressing the Gold price for years. In their confession DB have implicated other banks. Billion-dollar lawsuits have begun to boil out of the woodwork.
Goaded by the gold thefts from their Swiss accounts, and alarmed by the imminent possibility of their elite being (rightfully) prosecuted over 911, Saudi Arabia is threatening to end the petrodollar, sells its mountain of USTs and buy gold.
And the rest of the world is rapidly moving away from using the Federal Reserve Note as its reserve currency. The petrodollar will end this year - unless the White House manages to start a large enough war.
If you can get out of paper assets, best do it now. Make sure you have precious metals, longarms and that you’ve made the usual FReeper preparations.
Eventually something really bad will happen. But it won’t be until a conservative, or republican, is president. The banks won’t allow anything to crash hard when their policies will be blamed. The day after a Cruz or Trump would be sworn in the banks can crash and the whole world socialist order will be crying “YOU SEE YOU SEE. Conservativism kills the economy. ONly socialism works.”
“Will we still have our new Tubman’s to spend...”
The left is already puling that the new bill could make people think (wait for it .....) that black people are only worth $20. You can’t make this chit up.
Anyway, we’re doomed.
Dooooooooooooomed!
I’ve been reading these stories for 8 years and they have yet to come true. There is some truth to them but honestly, I think the barons in control of the banks have finally figured out how to work together and tweak the system every time a crash begins. Basically they can keep pumping it up indefinitely or at least until inflation finally makes the people revolt.
Well....to be honest...it is probably a matter of ‘when’, not if, our unsustainable economy finally collapses. It’s like predicting Armageddon. We know it will happen eventually, but we hope it will come later rather than sooner. It would probably help if we didn’t already have, in place, a radical leftist administration that seeks to destroy us, Clower-Piven style, from within, I suppose.
Right. The day ANY Republican is sworn in, the feds will magically and abruptly say “Hey, guys. This printing money stuff just ain’t working so we’re gonna have to quit that and raise interest rates.” Bank on it.
yep with Gold stocks you would have doubled your money in 4 months
Yes, they are shaping things up to do exactly that, like a perfect storm, and will project blame off of them. Honestly, at this point, who in their right mind would want the job?!?
My Dad and I got rid of all of our silver coins in 1980, when silver was at $50 an ounces.
Silver prices collapsed shortly thereafter.
It was probably the only time in my life that I sold something at the top of the market.
Don’t worry.....your silver coins at present are worth substantially more than face value. Silver will go up again. They’re better than paper fiat currency, which our fouled-up government keeps printing day and night.
They can thank Obama's inflation for that.
Originally the left wanted to put her on the $10 bill.
October is the first month of the new fiscal year for U. Sam.
The 10 yr. T Bill yields 8%.
Gold soars, greenback is tanking.
Buy lead, and gun powder.
J/k
5.56mm
But at least they are still worth their face value.
= = =
Until possession of silver coin is outlawed.
Then they are a liability.
If running the printing presses was legitimate way to run an economy they would have been doing it for decades. In all our ignorance an hubris do we believe that another Great Depression can never happen again?
Ten things...
1. The labor situation in the United States is appalling
2. We can put 40 to 80 million people back to work
3. The increased government receipts will be $0.9 to $1.8 trillion per year
4. Eight (more like six) years of this and you have a massive dent in the government debt
5. Our government debt is high, but it can, should be, and will be addressed under Trump
6. No, our government shouldn’t be printing so much money
7. Our government needs to overhaul Social Security and Medicare. At the end of the day starting with folks just entering the labor market, we need to move year by year toward self indemnification of people’s own retirements and medical needs.
8. As this transition takes place, people will wind up partially supporting two systems. The up side is that they will also retire earlier with a much better quality of life as a result of the portion they paid for themselves. It will have been more than worth it.
9. A forty year transition to the new system is much less monumental than folks might think. In twenty years we will have moved half the populace into the new system. A large portion of the people in retirement will have passed on. Twenty more years, and the government would no longer have this unfunded mandate hanging over it’s head. It never should have in the first place.
10. We are forty years from full health, if we adopt Trump’s plans and adopt a few more as well. We could be an amazing society.
I also believe the federal government needs to turn a discerning eye towards welfare. It needs to be cut by 80%.
We currently dump about half a trillion in each year.
Cut that to $100 million and you’ve got a lot more surplus, and you’ll have tax receipts also.
Likely another world war.
US To Paint New Pictures on It’s Dying Barbarous Relic of a Currency
https://www.youtube.com/watch?v=aT7tRWhwjBQ
Bill Holter was also interviewed by Greg Hunter recently.
https://www.youtube.com/watch?v=oF8i_hLZb3k
Rob Kirby was also recently interviewed.
https://www.youtube.com/watch?v=9FI01zevYxM
What Do They Know? Why Are So Many Of The Super Wealthy Preparing Bug Out Locations?
http://www.zerohedge.com/news/2015-01-31/what-do-they-know-why-are-so-many-super-wealthy-preparing-bug-out-locations
https://www.youtube.com/watch?v=7_1gKJm4iBo
Beyonce Inciting Mass Violence In Her New Music Video
https://www.youtube.com/watch?v=aSsgB1_wIaY
Why Are the Super Rich Leaving Major Cities, Even Renouncing Citizenship (Videos)
http://beforeitsnews.com/politics/2016/04/why-the-super-rich-are-leaving-major-cities-even-renouncing-citizenship-videos-2796336.html
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