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

[@roseyfischer]

The cost of living keeps rising, markets are unstable, and people are talking about stacking gold and even moving away from Western economies

[@camela8445Mar]

I get why people are turning to gold. It’s seen as a safe haven when everything else is shaky. But it’s not just gold-I've heard some serious discussions about diversifying investments into assets that aren't so tied to the U.S. or Western markets

[@WillParffit34]

That makes sense. The idea of moving money away from the West or even physically leaving to live in other regions seems extreme, but when you look at the uncertainty, especially in the West’s financial system, it's not totally far-fetched

[@Robby767]

Honestly, stacking gold and running for the hills sounds like a panic move to me. You have to think long-term. It’s about balance. Yeah, gold could be part of that, but you can't just abandon everything else

[@Patrick-x1h]

Exactly. My financial advisor always talks about balancing your portfolio for moments like this.

[@Patrick-x1h]

Joseph Nick Cahill -he’s been in wealth management for over 20 years, and he's really helped me rethink the way I invest

[@hping168]

Given the ongoing global economic challenges, it's crucial for everyone to diversify their income sources, especially those not dependent on government support. Now is an ideal time to explore investments in assets like gold, silver, and digital currencies such as Bitcoin, Ethereum, and XRP. Thanks to Loraine Souvenir for her outstanding proficiency and guidance in these fields.

[@colzi10]

I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this

[@Charlieadkins-g6x]

It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!

[@bigmack1993]

It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure

[@Mosin-c7b]

The beauty of her approach is her dual focus: while she aggressively pursues profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.

[@Brayan-o7v]

Nice to see this here. A lot of folks downplay the role of advisors until they’re burned by their own emotions-no offense. I remember last year, I needed a good boost to help my business stay afloat, so I researched licensed advisors and thankfully came across Loraine. She’s helped grow my reserve, despite inflation, from $152k to nearly a 7-figure sum as of today..Her insights and daily siignals are worth following.

[@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

[@goldismoney5899]

END THE FED. Gold IS money.

[@jimdevlin4949]

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

[@inflationmillionaire-df3mn]

try and get along with your neighbors and if your neighbors hate you, move. Live in a red state. Stack, prep, live below ur means is excellent advice. food, water, solar, pew pew, security.

[@talvalon999]

I think your statement about moving if your neighbors hate you is very profound and wise. If they hate you now it will only go south from there.

[@inflationmillionaire-df3mn]

@@talvalon999 I've done a lot of stupid things when i was younger. Wisdom is suffering.

[@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

[@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..

[@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.

[@darrenschroeder8914]

Doug is pure Awesomeness ❤😊

[@nmatthew7469]

They'll be strip mining landfills for compact discs.

[@littlemanhovis]

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

[@daedalusjones3804]

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

[@CommodityCulture]

Yes.

[@Tacman556]

The best Econ channel on KZbin, prove me wrong.

[@CommodityCulture]

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

[@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.

[@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

[@dr.bodomuller7938]

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...

[@David-yn7wl]

Casey is right

[@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.

[@ddprepper5227]

Excellent report 👍👍👍👍👍👍👍💯

[@CommodityCulture]

Many thanks!

[@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.

[@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 ⚠️

[@kshane5575]

Ian is the best.

[@xelzbrod...3533]

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

[@manfredh.7460]

Very fundamental questions discussed, thank you!

[@CommodityCulture]

Glad it was helpful!

[@David-yn7wl]

Buying physical

[@WW_SHTFF_WW]

Great show...Thanks!

[@CommodityCulture]

Thanks for watching.

[@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.💙💚🩵😊

[@kaspermortensen2677]

Brilliant interview Jesse

[@peterkurth933]

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

[@stevehisey389]

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

[@majorpayne8373]

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

[@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.

[@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.

[@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

[@JamesMillner-k6k]

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

[@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.

[@mortliverpool7704]

There is nowhere to hide 😂

[@xelzbrod...3533]

My standard of living can only go up.

[@TwoGrainsOfGold]

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

[@atgratgr4162]

Who's "We"?

[@MrADTNZ]

What about XRP and BTC

[@robertdagge200]

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

[@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

[@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.

[@AbrahamChristie]

#currencycollapse #hyperinflation 4/5 Decade #hyperinflationarydepression

[@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

[@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.

[@Notrocketscience101]

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

[@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.

[@waynesmith-h5f]

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

[@sherilynn101]

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

[@StuStevens-rn7rb]

Greater Depression prophesied by prophets already.

[@tombox2759]

lol

[@caugas]

More misinformation when will this stop. The greater depression what a joke

[@thunderbird3694]

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

[@lotfyken2759]

Too much ads

[@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.