'Greater Depression' is Here, Stack Gold and Exit the West: Doug Casey

[@markjamison9677]

Every family should have 1000 oz of physical silver and 10 oz of physical gold . At the minimum.

[@reverendfry6088]

Yeah, if you can't carry it. You don't own it.

[@ncabcabin]

I would say the average family should own 100 oz of silver and 1-2 oz of gold. If you have 1k oz of silver and 10 oz of gold, your family will be very well off.

[@tombox2759]

bullets?

[@shanedavison7473]

What about those of us who can't afford gold or extra houses etc because we barely make enough to pay the mortgage and buy food?

[@darinthesecularspiritualist]

I'd sell 10 Oz gold and get 777 eagles

[@johnbethea4505]

The USA 🇺🇸 is not the USA any longer. We are strangers in our own land.

[@LifeAsDane]

That's on you and no one else.

[@johnbethea4505]

@LifeAsDane I truly understand that we are the "Captains of our ships and the Masters of our Faith." Most of we older people don't recognize or enjoy this new Socialist World.

[@vknight7497]

We let the Jews take over the entire west. They’ve been intentionally deracinating and morally degrading our people for decades to the point most people have no concept of “our people” or any cultural heritage that they identify with much less seek to defend and preserve.

[@clenjones5748]

​@@LifeAsDane how so

[@goldismoney5899]

END THE FED. Gold IS money.

[@jimdevlin4949]

Imagine the us put redeemable in gold back onto the us notes.?

[@maxbootstrap7397]

@@jimdevlin4949 : At this point in history virtually *everyone* with a brain would understand that they would be *INSANE* to trust any such "guarantee".

[@sdrc92126]

@@jimdevlin4949 Where would they get the money for all of the things

[@billmorrow406]

just for whatever it is worth, i have not, for about 50 years, used only American Express credit card which is paid in full every month, i would NEVER use a visa, MC or discover unless paid in full every billing cycle, don't fall into that 24% debt trap..

[@GringoAzteco]

Running might have worked 10 years ago but this thing is worldwide 🌎 now…there’s nowhere to go that won’t be affected in some way ⚠️

[@CherylPowell-y5x]

That’s exactly what government is,a terminal cancer ♋️.

[@CommodityCulture]

Could not agree more.

[@peterwulff469]

- "a terminal cancer", very well put.

[@sdrc92126]

"The EU is the historical and ideological successor to the Third Reich. After the end of World War II, the US and its allies left Nazi criminals and Nazi ideology in Europe to be used as a tool against the USSR. Former German Nazis and war criminals served in NATO's highest ranks for decades" "Hitler vowed that Germany would never again be defeated by a lack of resources. In his unpublished second book, he lamented that “the German people is today even less in a position than in the years of peace to feed itself from its own land and territory.” In 1936, he glowingly spoke of the “incalculable raw materials” in the Urals, the “rich forests” of Siberia, and the “incalculable farmlands” of the Ukraine." --US Holocaust Memorial Museum

[@loft27ss]

True fact, and it is going on right now in Ukraine- boom of fascism

[@Tacman556]

The best Econ channel on KZbin, prove me wrong.

[@CommodityCulture]

That's very kind of you to say, thank you!

[@littlemanhovis]

Great interview thanks .Doug is right, no debt reduce your expenditure and put the proceeds of your work into physical gold and silver .

[@CommodityCulture]

Glad you enjoyed it!

[@darrenschroeder8914]

Doug is pure Awesomeness ❤😊

[@nmatthew7469]

They'll be strip mining landfills for compact discs.

[@daedalusjones3804]

You mean, "Exit the West and then stack Gold" it doesn't work the other way round.

[@CommodityCulture]

Yes.

[@dr.bodomuller7938]

Thank you!!!

[@gfan003]

Going back towards gold and silver currencies. Back in the old days, one gold sovereign is about 5 silver pound, 1 pound is 20 shillings or 240 pennies, buying a bread was only 3 pennies.

[@stereomtl9001]

I am in Sofia , Bulgaria 😂 - I fled Canada in 2011, no regrets , just very sad what is happening there

[@ddprepper5227]

Excellent report 👍👍👍👍👍👍👍💯

[@CommodityCulture]

Many thanks!

[@justdoitsolutions269]

Whilst I have been a follower of Doug Casey for at least 30 years....don't forget he is a master of doom and gloom

[@mischa1880]

No he is not. This downturn is going on for a very, very long time. Very few people noticed it 30 years ago.

[@demri123]

Hes been right though

[@reneetuzun6089]

Hello from Turkey. Been watching your videos for quite awhile. Gold and silver is best way to go, plus keeping yourself debt free as much as possible. Thank you for all you.💙💚🩵😊

[@CommodityCulture]

Thank you for watching and I appreciate the kind words!

[@manfredh.7460]

Very fundamental questions discussed, thank you!

[@CommodityCulture]

Glad it was helpful!

[@David-yn7wl]

Casey is right

[@WW_SHTFF_WW]

Great show...Thanks!

[@CommodityCulture]

Thanks for watching.

[@kshane5575]

Ian is the best.

[@jimmillward3505]

Owning physical gold is like reserving your seat on the ARK for when the economic floods come. get it sorted and dont be the third monkey on the gangway when the SHTF

[@CommodityCulture]

Very well said.

[@j9cornwall80]

Love your comment.

[@vknight7497]

I don’t know who the hell you think under the age of 45-50 is spending 2600 for an ounce of gold. The youth are broke. The baby boomers robbed them of a future and a present.

[@kaspermortensen2677]

Brilliant interview Jesse

[@CommodityCulture]

Thank you!

[@deedevries1123]

Gold takes the fed and the central banks out of your life.

[@MBD-ec8wn]

Until the goons with the gun show up...

[@traceylankford8579]

I wanna buy some silver and gold. Where’s the best to get some? Any referrals?

[@perrylockhartiv8003]

SD Bullion is the lowest. Buy only the cheapest bullion rounds or bars, don't waste time on the "coins" (ie. A silver eagle, Canadian maple, etc). The premiums are higher on the coins so when you go to resell you get more money going with the straight up bullion.

[@williamcarr3976]

“Stack gold and exit the west” Have you ever tried exiting the country and/or entering another with stacks of gold? Try it and let me know how that works out

[@Funsun39]

How much jewelry can you have?

[@gmc9451]

Exactly. I think the most physical gold you can take out of the UK is £10Ks worth. Maybe better to invest in gold through a company such as Bullion Vault and convert to physical once abroad.

[@shawnsecrest4097]

Make steel toes boots but with no steel

[@CommodityCulture]

Well you can exit the West and then stack gold.

[@williamcarr3976]

That certainly may be something that needs to be considered. We may have stumbled on something that needs to be looked in to. 1. What PM dealers will ship your purchase to countries outside the US? 2. What are the issues of clearing PM’s through customs of non US countries? 3. What do PM dealers know about a particular countries customs regarding PM’s entering the country? 4. If you already hold PM’s, do they need to sell and then repurchase after they have relocated to a non US country? 5. What is the ease of buying and selling your PM’s inside the non US country in which you reside? These are all pertinent questions. My wife is from the Philippines, so If I were to relocate outside the US, it would most likely be in the Philippines. I have serious concerns regarding their border customs there and have seen where border customs planted firearm ammunition in the luggage of a foreigner. It is illegal to enter the country with firearms and ammo. On the flip side if that, if you know the right people and pay a big enough bribe, you could likely get anything you want through customs but that’s not something I would gamble on. Bribe taking by public workers and police is common in the Philippines and most 3rd world countries. So getting your PM’s to your residence, securely and safely, is a major concern outside the US.

[@David-yn7wl]

Buying physical

[@Gold_Silver.]

Dougy the 🐐

[@leeanderson2912]

Get out of debt. Live below your means.

[@rajeevjain6644]

*HISTORY WAS CREATED TODAY IN INDIAN STOCK MARKETS* FIIs pumped a staggering Rs 39610cr or $4.5billion in cash + derivatives. This is is a record single day buy till date. FIIs have open index long at 5.25 lacs contracts which is highest ever in Indian stock market history.

[@whiterabbit3439]

(Sorry, there is a "but"coming). Always enjoy, Doug and Jessie has a pleasant demeanor, but I was hit with ads every 2 minutes...felels like my mind has gone thru an industrial washer/dryer! 😮

[@TwoGrainsOfGold]

20:45 👍 subscribed just for that!! 20:49

[@stevehisey389]

After today's action in the dollar, gold, and silver after a 50 point cut,,,,,who believes in free markets ?

[@longgowhereto]

The thing with diversification is, that all seems worse than what I did. Look at the world, where do you want your wealth or life? In Northamerica? In Europe? Only Serbia comes to mind, as there are farm houses, but migrants run through the country and the language is not mine. Hungary is somewhat equal, but still in EU. And what do you do with three houses in three countries? Dreams can become nightmares quickly. James Dines called these times "the age of no travel!". To me it seems important to own and live "behind the fence". Thanks.

[@CommodityCulture]

Migrants do not run through Serbia, have you actually been here? What do you do with three houses? lol I appreciate the comment but unless you've spent time extensively in these countries recently, you shouldn't be proclaiming things about them. By the way, almost everyone speaks English in Serbia, and they're very happy to speak English with foreigners.

[@majorpayne8373]

Oh, Doug..... Honestly!!!

[@peterkurth933]

guest:" the world is gonna end. Thats kind of a general overview, if you wish" Jessy:"fantastic"

[@FreedomTalkMedia]

There is another way to get ahead than to cut your living expenses. Grow your income. Get better skills. Get a better job. Start a business. Do a side business. My income this year is nearly 3 times what it was 3 years ago. I didn't cut my expenses but I now have thousands of dollars a month more than I need. I save more money than I used to to get in net pay.

[@jonathanisrael9714]

USA outlawed gold during last depression.

[@xelzbrod...3533]

All we got to do is make sure that everyone has clean drinking water.

[@loft27ss]

We moved to the land, planted hips of fruit trees and other food crop, installed 2 huge water tanks…. You can survive on the land

[@mortliverpool7704]

There is nowhere to hide 😂

[@robertdagge200]

I went back into Adriatic Metals recently - since Mexico is messing up its mining sector, buy your silver in Serbia.......

[@jays7318]

Some of us can't survive well with an income outside of our country. Look at the salaries of the locals in Argentina, etc

[@CommodityCulture]

Absolutely good point, the key there would be to create a business you can operate from anywhere, or a business in the country you want to move to, and generate income that way. Easier said than done, but worth putting time and effort into imo.

[@goldenneedle5980]

There are many other reasons for not moving besides debt. Family, job, etc. Besides, there’s nowhere to run. It’s all fear based.

[@CommodityCulture]

There are many, many places to run. I can list 20 countries off the top of my head.

[@atgratgr4162]

Who's "We"?

[@joeemergingfromthecave1680]

Three countries of residence, Three passports, Three places to store your gold and other assets, sure this sounds like great advice for the average Joe....😉

[@lanab4103]

Ya all ppl that talk gold, i never hear it explained it is sold in a troy ounce A heavier weight than our regular ounce

[@michaellutherdavies]

31.1 against 28 grams i think.

[@lanab4103]

@@michaellutherdavies I read there are 12 troy ounces in a pound.. against 16 regular ounces in a pound. That is enough difference to add up for stackers.

[@xelzbrod...3533]

My standard of living can only go up.

[@perrylockhartiv8003]

I've been there... I'll keep you in my prayers.

[@FredCarver]

Should leave Canada and where to, I am 81

[@CommodityCulture]

Totally sympathize with you and of course the answer to that question depends on your situation. Assuming you're retired and have some wealth, or even if you're just living on a pension, there's several options for countries that will grant you residency where the cost of living is 30-60% cheaper than Canada. I would look into South American countries, maybe the Balkans.

[@AbrahamChristie]

#currencycollapse #hyperinflation 4/5 Decade #hyperinflationarydepression

[@Notrocketscience101]

This guy has been predicting this since i was a teen in 1982. Run from these prognosticatores who know nothing.

[@denisemiller6793]

Great advice to have 3 different places to go.. sadly, it ignores those of us who do not have the assets. ..to which you reply, "If you don't have the money to do it that, 'Shame on you!'". Doug, when did you become such an insensitive elitist? Not at all who I have believed you to be over the years of faithful listening.

[@CommodityCulture]

That also caught me a little off-guard. I will say that even if you don't have the resources now, you do have the opportunity to plan and build up assets to the point where you can move and conduct business remotely or in another country eventually. Even if it takes 5 years, it's worth it in my view.

[@jameskelly9243]

Your just a socialist looking for a handout. Not my problem you screwed up your life plus not saving for your old age

[@perrylockhartiv8003]

Yeah he came across as a real a** by saying that. Completely not in touch with your average person, or even above average for that matter.

[@19fetzohr90]

Why should we pay attention to this guy when he doesn't know that institutions own over 60% of CDE, SSRM, HL, & WPM.about the same as NEM, AEM, etc? CDE and HL just popped by about 30% and 20% and counting in 3 days since I bought a position in them. He should have known this and told us about it.

[@9huginnmunnin93]

I feel like they never tell us ANY stock tips, zero. We're all left to do our own 'due dilligence' and for most of us we dont have the time because of a fulltime job and family. So its useless advice mostly

[@CommodityCulture]

What on earth are you on about? People on the internet are required to inform you about certain companies? lol

[@CommodityCulture]

I can tell from your comment that the investing / speculating game isn't for you. Buy some ETFs or mutual funds and live your life.

[@9huginnmunnin93]

@@CommodityCulture haha okay Jesse. I get the game but its all general advice whilst everybody themselves is selling newsletters

[@19fetzohr90]

@@CommodityCulture I turned $300 into $100K during the worst year for stocks since 1931 plus I have hundreds of followers and subscribers on an investment board. You are so hopelessly and uselessly full of horse hockey.

[@I_Dolemite]

Why bother given that Casey had been predicting the "Greater Depression" for the last 50 years a few more years (or decades) won't make much difference.

[@keithkantrowitz7591]

Amsterdam has some nice night life, friends tell me

[@CommodityCulture]

I can neither confirm nor deny this statement.

[@xelzbrod...3533]

I'm only going to live with honey. Our life is only started. We are going from greed,

[@darinthesecularspiritualist]

Gold is suitable if you are a central bank... buy silver cuz you get 7777percent more precious metal

[@MrADTNZ]

What about XRP and BTC

[@KredAssenstein]

#Gazans_Out_Of_Israel

[@KredAssenstein]

#Jordanians_Out_Of_Israel

[@craigf2696]

Don't be an expert. Expert; One who exc-ludes otherwise pert-inant information.

[@sherilynn101]

Like his financial & economic advice, but calling immigrants "feral"? Yikes.

[@waynesmith-h5f]

Doug that should trickel up to you you at the top of the pyramid

[@Blueblackngold]

He’s been wrong for 50 years

[@StuStevens-rn7rb]

Greater Depression prophesied by prophets already.

[@tombox2759]

lol

[@JamesMillner-k6k]

How are people supposed to get their silver and gold out of the country with them? We have no freedom.

[@thunderbird3694]

cuckoo!... cuckoo!... cuckoo!...

[@MomentswithDavid]

Ya, bro needs to retire

[@howardbeale5303]

You're an idiot. Casey has forgotten more knowledge than you've ever learned.

[@bobbiecrider6964]

@@MomentswithDavid Don't spank me, we already did. Listen! Information gained, it happens. Open to the message.