It's highly ironic that the debt ceiling debacle and the ensuing US debt downgrade marked the botton for the dollar index around 72, a point or so higher than the low in 2008 on the Bear Stearns collapse. The dollar has been higher ever since, all the way to 2024. So this event was maximum negative dollar sentiment and then the big boys took it up and gold down once it reached $1923 a month after this interview. It probably illustrates that publicly announced fundamentals are often contrary indicators. Jim sadly never lived to see this current run to $2700 but he did see $2000.
@davebellamy486729 күн бұрын
8:44 "Be your own central bank."
@davebellamy486729 күн бұрын
This says 13 years ago in 2024 so before checking, I just know this is from the GATA London conference. I think it was starting around 2 August 2011, just as gold was crossing Jim's longtime target of $1650 and then $1764. Only a month before the top though. A late celebration on a VERY hot day. It was $800 to attend. I didn't go.
@davebellamy486729 күн бұрын
Isn't it ironic that gold had to clear $1600 40² and $1764 42² yet again in 2023 and this was the start of the run to $2650? The equivalent this time in 2024 might be 46² or $2116. Once cleared, it was at $2650 very soon afterwards.
@davebellamy486729 күн бұрын
0:52 The square of the numbers. 1600 is 40². 1764 is 42². Actually gold went only to $1923 after reaching 1764 so it was kind if right but only slightly.
@davebellamy486729 күн бұрын
I once heard an audio interview with Jim Sinclair who was of course a prime gold player in the 1970s. He said that he met Volcker somewhere just after the COMEX rule change in January 1980 that was going to crash the gold market and Volcker told him, "I got you!😊" To which Sinclair replied something like, "We got out of all our long positions yesterday.🤣" 👍👍👍 I'm looking for the interview. I think it was on KWN and I found this gem instead.👍👍👍
@KoDeMondoАй бұрын
WOWWW!!!! ❤
@CaioBrutusLeoniАй бұрын
Jesús Huerta de Soto Ballester is one of my Heroes ....
@petruflorintofoleanu5865Ай бұрын
WEIMAR AMERICA PRINT 🖨 1 TRILLION DOLLARS 💸 AT 100 DAYS IN 2024 FROM 2025 THEY WILL PRINT 🖨 2 TRILLIONS OR MORE AT 100 DAYS
@purepoverty83632 ай бұрын
Here before this blows up
@ActivoRefugioMX2 ай бұрын
¿Saben qué sucede con su Blog del Instituto Lips? 🇲🇽 Al parecer se encuentra censurado o no prosiguieron con el proyecto, lamentablemente...
@zsoltszopko98173 ай бұрын
I am watching it now. In 2024
@Aiyad-i1g3 ай бұрын
yes
@lindabell68463 ай бұрын
With 1764, exponential rises are POSSIBLE. Importantly, Sinclair says with 1764 "the King has no clothes on." 12 years later, the King has had no clothes on for years and the world is backing away from the dollar. We're now at 2400.
@Chris_RichardАй бұрын
$2580 2 months later…
@newaccount091Ай бұрын
@@Chris_Richardnow 2650 and on its way ⬆️
@davebellamy486729 күн бұрын
1764 is 42². Probably the new equivalent might be 2116, which is 46². Once that was breached in a daily or weekly close, it's had a fast move to $2650.
@JimmieJohn3 ай бұрын
This is why you need Bitcoin!
@electricman694 ай бұрын
Every war is worth alot of money and it's the same people
@CaioBrutusLeoni5 ай бұрын
I love Jesús Huerta de Soto Ballester;he's a Principle Economist that know very well :Hayek;von Mises;Robert Lucas;Murray Rothbard etc. He is a primus inter pares and his thousands of lessons are an optimum, the non plus ultra in market economy and libertarian like Rothbard. Ad maiora, semper!
@Nova2Yung5 ай бұрын
im reading his book right now it sent me here
@m.bender5275 ай бұрын
Every "strategic" move this bunch of losers did with Bitgold/Goldmoney was complete failure... Goldmoney stock at all time low while Gold at all time highs... Kick-out of Bitcoin/Crypto customers in 2020 destROYed the company completely. Could be a billion dollar company now without these losers. Now they sold 70 million in Gold for overpriced commercial real estate just before Gold surged 25%... it's a shame that these losers still get big salaries... for what?
@m.bender5275 ай бұрын
That's how losers look like... 😂 look what they did to the GOLDMONEY stock - it's a shame... but these chatterboxes want to explain the world. How ridiculous!
@StefanOsfit6 ай бұрын
Roy is a genius
@treomobiel6 ай бұрын
merci
@white-hart6 ай бұрын
based?
@jstasiak22627 ай бұрын
Charles DeGaulle on the dollar crisis, February 1965: kzbin.info/www/bejne/jJeXo52KeqyiZtksi=ZBZk-CK3GqZVhqh6
@rafaelglobalsupport8 ай бұрын
Hi friends I invite you all to study with me about this es.wikipedia.org/wiki/Organización_de_Países_Exportadores_de_Petróleo
@rafaelglobalsupport8 ай бұрын
You are amazing!
@rafaelglobalsupport8 ай бұрын
It really is very interesting
@rafaelglobalsupport8 ай бұрын
For me Goldmoney was a beautiful experience
@JLRG00-BTC9 ай бұрын
Grest Interview! Buy Gold, Silver and Bitcoin!
@outshout10549 ай бұрын
High density populations have to rely upon fiat trust in the system due to complexity. As population reduces the complexity dies and the free riders easier detected causing distrust. A strong backstop like gold takes preference. 'No bilge rat can or should worry himself with draft, even though it might be him drown first'
@greedykidify9 ай бұрын
MAx went on to buy bitcoins😇
@IndigoStargazer9 ай бұрын
2024 , here we go again.
@huntermormo2619 ай бұрын
RIP!!!! Coach Red Pill 💊
@ItalianJew9 ай бұрын
Rest in Peace Gonzalo Lira, his passing is a result of being tortured over 8 months and 11 days in a Ukrainian prison for speaking out against the corrupt Ukrainian regime.
@nancyperreault37329 ай бұрын
Crime case.
@mondolilith791711 ай бұрын
It’s Dec 2023 now. Gold just hit an all time high, banks are struggling, and the people more. Add to that the BRICS. I think this spring is the end of their road to kick the can. Hold onto your butts! This will be their Hegelian dialect to roll out their CBDCs.
@glenandfriends901211 ай бұрын
Elected federal officials certainly know the US economy is a Ponzi scheme, but they do not care. They know that future generations, not them, will bear the destruction and collapse of this Ponzi scheme.
@torstenlange241811 ай бұрын
Great conversation!
@atlantaswelder11 ай бұрын
I'm listening 👂🏼
@uawsux11 ай бұрын
How in the hell did this interview happen
@Oasis38727 Жыл бұрын
When we see the current debt of our country (France), the economic method he wanted was indeed realistic. Future generations will pay dearly for this abandonment, and it's our institutions that will have to pay the price because extremists will take advantage. Just like after 1929. > In the light of the past, let us illuminate the future
@jimmchugh3476 Жыл бұрын
Nice video, Gold isn't money it's a store of value
@KevinKilgorepage Жыл бұрын
France was running the banks in Vietnam , i am not certain France was not in on it. This man says he got dollars in France, NOT, he was collecting them in Vietnam from soldiers using French banks. Vietnam was a french colony
@danijelsan81 Жыл бұрын
Listening to this in August 2023. A 40-year-long bull in sovereign debt has ended.
@mmartinez9764 Жыл бұрын
This will happen again. To save their failed experiment and ponzi monetary system, they will take all religions wealth this time
@escapefelicity2913 Жыл бұрын
What were your hopes for that fuking background noise?
@Troublesomenights Жыл бұрын
Nice called out the faud that is going on..and should be coming to an end soon..
@dme7689 Жыл бұрын
Goldmoney is a horrible company. Maybe not at one time... but it is now.