Simon Hunt: global financial collapse by 2025, BRICS+ to launch new currency

Simon Hunt joins Small Caps to share his views on the geopolitical situation around the world, including the state of the economy, the US dollar being replaced in trade, the introduction of central bank digital currencies (CBDCs), BRICS+ currencies to adopt a commodity backing, the value of gold, interest rate predictions and the rise of BRICS+.
Simon began his career in Central Africa as a PA to the chairman of Rhodesian Selection Trust, one of the two large companies in the then Northern Rhodesia, now Zambia. The copper group was Anglo American.
In 1961, he returned to the UK joining Anglo American Corporation of South Africa as a PA to a board director which included being part of a small copper sales and marketing team.
He then helped to establish a new copper development organisation, CIDEC, financed by copper producers where he focused on conducting end use studies in Europe.
He then went to London City to gain financial experience followed by forming Brook Hunt & Associates in 1975. He was instrumental in setting up the group’s cost studies which have become a bible for the industry and end use analyses.
He acted for the US copper producers in two ITC anti-dumping cases as both consultant and material witness in 1978 and 1984 winning both at the commission level.
Since 1993, he has spent 2-4 months every year in China visiting some 80 factories across the country every year.
In 1996, Simon founded Simon Hunt Strategic Services. The focus of the company’s work is to provide strategic advice including geopolitical and financial developments as well as structural and tactical changes within China in order to produce a balance outlook for the supply of and demand for copper.
Increasingly the work involves understanding the shifts taking place in the balance of global power including how BRICS+ will change the dynamics of the world and how these changes will impact the copper industry.
He is also on the board of directors the Great Eastern Gold Company in Australia and Copperman in Chile.
Simon Hunt's website:
simon-hunt.com/
-----------------------
Small Caps is Australia's #1 site for market news & information on ASX listed small cap companies.
-----------------------
WEBSITES
Australia: smallcaps.com.au/
Canada: smallcaps.ca/
US: smallcaps.com/
UK: smallcaps.co.uk/
German: smallcaps.de/
China: smallcaps.cn/
PODCAST
smallcaps.com....
SOCIAL MEDIA
Facebook: / smallcapsasx
Twitter: / smallcapsasx
LinkedIn: / small-caps
NEWSLETTER
smallcaps.com....

[@foobar5477]

Great interview. This guy plays it like chess looking many moves ahead. It all makes sense. Only 1 thing missing. A millitary nation in decline is a dangerous one!

[@lianasammartino8490]

especially with nuclear warheads.....

[@RuralmoneyOfficial]

Absolutely!

[@주순란-w3j]

@@lianasammartino8490 lijgv 4 and a few 😮😅😅😅😅😅yy😅

[@mosad7292]

Excellent point, America won't allow petro dollar to collapse without bringing the world down with it

[@abdulqadirabulawal.8158]

True. But an equally militarily strong and obsessed nation to challenge and change the world for the better, cannot be damned. It is equally very dangerous indeed. After all it has in its retinue of friends and alliances nations that are major challengers to such declining country. Likes of NKP, CHINA, IRAN, INDIA, SAUD ARABIA and more, these would not be mere observers folding their hands. They are commitment of create and dumpen that so to say empire definately in total decline.

[@jimmetan7031]

Mr Simon Hunt makes it so simple for me to understand. Thank You.

[@TheRealAsahi]

He makes A LOT OF SENSE to me. 💯 Thank you for the great interview.

[@adamday2067]

One of the best economic assessments I've seen and heard on KZbin. Please get Simon back again !

[@maxthemagition]

The USA DEBT Ceiling will in all probability be raised, heading towards $35TRILLION. This is bad, but it is especially bad if interest rates rise to 5%...What used to be the norm. Imagine at 5% p.a....This would equate to $2Trillion every year! So the debt ceiling would have to be raised by at least $2TRILLION every year just to maintain the status quo.....It is obvious to anyone that the USA cannot reduce it's Debt. Then there is the PRIVATE DEBT, which is ten times worse. No much wonder that banks and companies are going bust. This is not like the Great Depression which happened almost overnight, This is much much worse and is like trying to hold back the tide....Sooner or later the tide overwhelmes everybody....

[@eminalopatyuk6812]

It was an eye-opening interview. The China-Russia plan to dethrone the dollar and all the global trade avoiding the dollar makes me want to invest in gold and copper.

[@fnuclone1229]

Silver

[@mr.marvelousmess6986]

@@fnuclone1229gold and silver and platinum and uranium

[@ruleso]

Invest in Agriculture!

[@fnuclone1229]

@@ruleso How so? Where to begin?

[@kiwitrainguy]

In your backyard, literally.@@fnuclone1229

[@thealternativecontrarian9936]

I am glad you were finally able to get an interview with him. He's great to listen to.

[@PatSika]

Excellent interview…always enjoy listening to you Mr Hunt. Thanks to both of you.

[@jamesgeorge65]

Love listening to Mr. Hunt. I always look for his interviews on youtube.

[@MichaelCali]

Interviewer: PLEASE listen then follow up with appropriate questions: Why will derivatives market collapse when Iran blocks the Straits by sinking two battleships? Why will commodities fall after skyrocketing as the dollar falls and the Brics dollar takes over.... please ask questions based on his comments

[@AndrewCharnley]

These questions were not asked for two likely reasons: 1 - There is not adequate time to cover one question in any depth so these sort of interviews have to skim across the lake. 2.- If the person you are interviewing is perceived by you to know a lot more than you do, which is likely, otherwise you would not be asking their opinions - then the outcome will be lacking. I mean no disrespect to the interviewer as I do not know anything about this lady other than she is a pleasant and friendly Australian...!

[@brianadlich4406]

I believe Commodities will drop because the global demand will plummet if the global economy collapses therefore reducing demand for commodities. I had the same question as you with derivatives though.

[@Giddos_Prospecting]

Gold' Is money. Everything else is credit.'

[@cornstar1253]

Really? Try to purchase petrol or groceries with it.

[@ChrisBird1]

lol

[@1solo2mercedes]

@@cornstar1253 If gold is money, all else credit, thrn obviously he is suggesting holding the yellow metal as a hedge. Stocking up on groceries(long term type) might not be a bad idea! Hard to stock pile too much fuel but I did purchase a 1000 gallon tank to keep fuel on hand just in case. And just so you know, when the economy collapsed in Argentina, street vendors refused the local currency. People lucky enough to have any form of gold or silver (necklace, wedding rings,etc…) were cutting them into pieces, weighing them, and purchasing food, clothing, etc…..

[@Giddos_Prospecting]

I am referring to the dollar and fiat monetary system when you deposit money into a bank they lend your hard earned money out to be able to pay interest on savings. Banks used to have to keep 10% of money but now they do not have to keep a single cent of your money. So if you ever wanted your money back sorry to say but, Your Toast and all your savings disappear. Hahaha who's laughing now!!!!

[@sarahgill6088]

​@Dale Giddings, you think that hasnt happened many times over thousands of years with gold as the standard...gold is inferior and incredibly corruptible unfortunately

[@chuckmcconnell3446]

Brilliant, wonderful! Thank you. The reason I know Simon is worth listening to is that he agrees with everything I believe.😊

[@tjfamily9263]

So glad you got Simon. Thank you both.

[@MyNameIsINTERSTITIAL]

FANTASTIC interview and content. At last a professional in the Financial/Economics/GeoPolitical field, who tells it like it is !!!! Agree with so much of the content. Thanks 2 U both :)

[@francgmaj]

Always worth listening to every word he says. All one has to do is hang on to the coat tails of great economists such as Simon Hunt to guide us through this turmoil in the coming years to stand any chance of keeping our head above water.

[@BathshebaE1]

In an interview over a year ago he predicted $10 copper, not even close. And he's supposed to be a copper expert. How much confidence do you have with his predictions of other markets?

[@richieglasson8804]

Great episode despite the brutal assessment. Please bring Simon on more often

[@aoeu256]

We need general AI si that the collapse is followed by renaissance using replicating robots

[@mareecrick2379]

Interesting to hear about Iran / Israel risk assessment. It does cross my mind that war could be used as a proxy to accept austerity and decline in living standards in Western countries. I think the acceptance or rejection of cbdc by the population will be a big factor in continuing Western democracy.

[@tomhoulihan8285]

totally agree

[@marcopolotimetraveller]

Yes. War economy is here.

[@janemcdonnell8813]

If people accept the CBDC then we are finished in terms of having the freedom to use cash , to spend our money on what we want. The CBDC is a control mechanism to restrict our spending . It will be used after a while as a social credit system like the Chinese have . They will be able to block people from access to their money under this digital system . We all must fight against this coming in or we will be heading fast down the road to hell .

[@jacobvanveit3437]

I’m impressed you got a smile out of captain black pill for the video thumbnail 😂 Jokes aside Simon has his fingers on the pulse! He knows where all the canaries are!

[@casienwhey]

Predicting a global financial collapse in 2 years is a bold view. I am dubious of people who make such claims to begin with and even more so when they put a timeline on it. The future has a way of proving such predictions wrong. While the dollar has flaws, it's been the international currency standard for at least 70 years. All the financial systems and international exchanges use it. So wanting to use something else and actually being able to are two very different things. Would you trust Russia or China with your money?

[@igorlpv]

Da! Khm...I mean yes!

[@TheRobynbrown]

And you obviously still trust the US????

[@krishanagurusamy]

​@@igorlpv76.b

[@brucemaddox]

Easy to predict when you know it's a controlled demolition on purpose to install I new system, so yea, 2 years to a financial collapse, I would put my life on that coming true from 2023

[@agoogleuser6902]

When he says, "get some contingency plans," it sends shivers down my spine

[@MasterPaul]

😊😊😊😊😊

[@MasterPaul]

Ww a77777

[@MasterPaul]

😊7😊☆u

[@suganj6635]

Great interview, bring him again 👍

[@Neo-African]

He doesn't say much,...but the short direct and straight forward things he says actually say a whole lot....

[@mskmsk7174]

Lots of IF this happens then THAT happens. Better to focus on what ACTUALLY is happening and forecast from there. Half of what he surmises is HOT AIR.

[@jeffwarrington4360]

Kerry another great interview, please have Simon return soon, there is a growing sense of urgency enveloping the planet….thanks so much for your wonderful service to grow knowledge

[@cherubimcherubim9515]

Analyst, Alasdair Macleod, suggested that China had accumulated 25,000 tonnes of gold between 1982 and 2003. The 30,000 tonne figure has come from Simon Hunt of Simon Hunt Strategic Services. Thus, its current gold holdings are probably north of 30,000 tons in contrast to the USA which has either sold or leased most of its gold.”

[@thecat8859]

Who really controls the WORLD, the Money Master of Privately-owned Foreign Federal Reserve Bank's CONTROL EVERYTHING purchased or used by YOU, ME, THEM,. LOANS to both side's in WAR, LOAN'S to Nation's, Vassel States, Government's, Congress, Corporation's, Bank's, Churchs, Military Industrial Complex, Churchs, Coutts trading company , powerful weapon

[@somejohndoe3004]

Great interview, enjoyed it a lot. Value content, thank you ! Would love to hear Simon's take on the post collapse financial repression in the next one.

[@paulwong3866]

Normalization of the yield curve will happen before year-end with no rate cut, and his forecasts will be remembered. Great interview with so much insight and knowledge, he spoke plainly.

[@SevenCostanza]

Stop talking like that Ure not an economist U just watched a couple KZbin vids

[@IgorRozinov]

Excellent content and the fact he looks like Brick Top delivering this information makes it even stronger.

[@ttfan3257]

Thank you Kerry !

[@vindiesel5466]

40k views Kerry, your killing it

[@richardkut3976]

Great News! Things will come to a head, those left will pick up the pieces. "History does not repeat but it rhymes"

[@gracelay05]

super good interview. thank you for sharing. please do another episode with Simon..or a few more!!

[@LIBlurr]

So if the Brics utilize a gold back/ exchangeable currency, does that make it likely Gold prices will stay fairly range bound, to protect that currency?

[@georgeseverent180]

After a revaluation

[@walden6272]

They will set fixed gold price to currency exchange. Then as economic conditions changes, they can adjust the price again. Just like how in the US, gold was set to $20 an ounce at the start. Then Roosevelt, change it to $35 an ounce. The BRICS members will vote on the new price so it's not decided by one member.

[@sonialola4329]

Thank you so very much for having Simon on. He is so informative so wonderful thank you thank you thank you blessings from California.

[@issenvan1050]

Does Simon view gold as money or as a commodity? How about silver?

[@MXB67]

Out of interest what’s the name of Russian economist mentioned here?

[@georgeseverent180]

Good video. A lot of specific forecasts, not sure I buy all of them, but completely agree with the general themes and advice.

[@marktracey4018]

Hi Kerry, Great interview, when you have him on next time ask him how do you think Australia will hold up with the stuff he was talking about so we can be more prepared. Eg bad weather, food, ect. Cheers

[@ronfesta771]

Me thinketh great guest Kerry., very calculated, measured and.........confident analysis@!?😉

[@alanzum3077]

New Development Bank which is the Brics appointed bank has stated that they have no plans to launch the new currency any time soon. India is making it even harder to make this happen as they are stating that they want to work on making a Rupee stronger and stronger and are not interested in gold backed currency. Seems like this Brics new currency is up in the air but that it requires an incredible amount of trust between the Brics nations. Hard to pull off any time soon.

[@marcopolotimetraveller]

Historically the currency of the losing side in major wars collapses/hyperinflates after being defeated. Germany and Austria 1919-23, Hungary and Italy post WWII. Russia post Cold War 1990s etc....

[@DBEdwards]

Simon Hunt superb. The show very informative. A wonderful interview. A must see! The Commonwealth rules!

[@mikkimikki5376]

Wow! Hang on tight! 😮

[@lindsaysmith8119]

I don't see how metal prices will collapse. Western governments seem hell bent on this transition to renewable energy and EVs and if it continues, it would seem that many of the metal inputs into this transition will skyrocket.

[@chillyg]

metal prices will go down temporarily due to margin calls and desperation, the scum bankers pushing the renewable shit will tell their paid off presstitutes that it's not feasible and a new narrative will emerge.

[@ValMartinIreland]

I did not hear him say that, a depression would reduce the money available to buy metals. It must be remembered that Renewable Energy and EV are a scam. Wind farms could not repay their capital cost in 200 years.

[@jeffready2446]

Hi All. If all of these things happen, you may be well of, but in a very dangerous world, scary.

[@edwardmorris8141]

Simon really blows my mind with his analysis !

[@ricogreen2538]

Jack the ripper was from Yorkshire. It time to put that whiskey Down And replace it with yorkshire Pudding Lol

[@nicolaidelahaye8209]

Excellent information - more of this please.

[@computerman9580]

Loved Simon!!!

[@jvs333]

Great show. Please invite Chad Freeman on for a geopolitical discussion and its affects on global economic shifts

[@philipstallwood9813]

Always a great guest. His manner and knowledge give him great gravity

[@Eli-qr9hc]

I just can’t see the dollar being replaced at least another generation.

[@akhonazasembo3016]

Its collapse will wake you from your delusions

[@Eli-qr9hc]

@@akhonazasembo3016 you’re dreaming. Wake up.

[@johntheaccountant5594]

A generation is 25 years. I believe it will be replaced as the reserve currency within 10 years.

[@madeleineenrique2521]

Are u in denial

[@mna7308]

It's western financial collapse not global

[@lunafringe10]

Greedy Americans

[@wl5609]

Actually, it's the collapse of Keynesian economics. Buy Bitcoin.

[@mna7308]

@@wl5609 gold

[@mna7308]

@@wl5609 lots of it

[@sandynightingale273]

It will be a global dominoe effect

[@tankeryankernomore6499]

Great interview. Worth a second watch.

[@dt5656]

Great show Kerry and Simon!!

[@victoriabourlakou2532]

Πρέπει να δούμε γιατί έχουμε φτάσει σέ αυτό τό χάος και να συνεργαστούν όλοι για να το διορθώσουν.👍

[@dave8212]

Nice work Kerry, I always enjoy hearing from Simon but he's a tricky person to interview! (Maybe it's because he's from Yorkshire) 😉

[@stardust5467]

He's a strange and rather wooden person, poor Kerry had to drag everything out of him. And let's remember that these are his predictions, which may or may not come to pass..

[@thehungergames8918]

Awesome 😃✊

[@tuubbyhubby55555]

Great info. Thanks for your help

[@johncarpenter4083]

America's greatest indiscretion has been the wanton leveraging of economic sanctions against far too many countries and individuals. Judicious use of the power of sanction has never been an American virtue.

[@kiwitrainguy]

With so many countries thrown out in to the cold, the cold doesn't remain so cold after a while.

[@bestvideos4ever1]

how he can predict the MARKT cycles so precise?

[@MDProtv]

Because he is an economist and he knows many things behind Closed door

[@bestvideos4ever1]

@@MDProtv please don't come up with that. behind closed doors and secret societies bull-trap. a MARKET cycle is not TOP-Secret -AREA 51 guarded SECRET ! its publicly open but raver few understand where we are right now. i guess my question is beyond some onse capabilities of indeapth market understanding basic things

[@markdayment3917]

Remember it is only a prediction. One of many.

[@lanedeyoe714]

Great interview. Thanks Kerry. Hope to see you at the Rule conference in July. Simon's outlook is very similar to David Hunters.

[@VeganTrove]

Oh dear. He's blaming socialism for this? 😂😂😂

[@aihong2971]

What about the Euro and SWIFT?

[@peaceevol]

Who knows what the world will look like tomorrow so forget about years from now ☮️

[@user-eo6bj8qb2k]

Reach out to EMILIA E ARIAS for assistance just search the name online. They are, an approved broker.

[@MyNameIsINTERSTITIAL]

Only subject I wish had been discussed, is the WEF's role in short- and long-term future ..... if NATO etc are going to cease to have a role, wherefor the WEF?

[@issenvan1050]

US & Australia do have resources, too.

[@lindaweekes8161]

This is a very challenging person to interview, requiring huge preparation ahead of time. This interviewer seemed incapable of managing this interview and missed opportunities to question Simon on his reasons for his opinions. The interviewer needed to have done more homework.

[@marcelloblasi2479]

Very good Content Kerry, Simon was excellent. Thank you.

[@martinleepgg]

Simon seems to have good advice coming from a clear overview of the current worldwide financial/ economic mess/ crisis.

[@Angeline-gp4jg]

Pandemic hit laws bank. Just for emergency essential reasons good support that all the chiefs can view and use accordingly Ask the popes of u.s.a. 1st they need to give blessings then Chief mr trump can ask the chiefs of north america not the fsin nor tribal chiefs they caused the pandemic they are grounded this need to be updated

[@steventan2550]

The silver lining for the US is that with the devaluation of the dollar, American goods will become more competitive in the global market.

[@jz295491]

wot American goods.. Oh, you must be talking about all those manufacturing plants that have moved overseas..Like China for example ?

[@philfortner1805]

Remember that China manufactures for 400-500% LESS than America can. They have what's called the 996 culture, as in 9am to 9pm 6 days/week shifts. Plus the pay 8-10x less. You only compete with that is large tariffs, like we did at our founding.

[@sirstoic1187]

Great interview

[@michaela.ouellette5446]

This Sounds like an Inside Job, Politically Motivated to bring in "Digital I.D."‼️‼️‼️ 🇨🇦👍

[@vcash1112]

Yes, the Fed coin is coming!🎉

[@UsaqMadiq]

Link to NOAA 2020 document? Thx

[@noreenryan1144]

I have just discovered Simon, I love him

[@jakewilson9136]

Great show

[@BatmanBoss]

Thanks

[@francoisepiaf4419]

One question: Why will the commodities collapse? Did anyone understood his anser on that (time: 20:00)?

[@samuelo.4298]

Thanks alot Simon for the upload

[@Froy363]

Very good interview

[@ValMartinIreland]

The most interesting part was that defaulting on a loan to a western lender does not debar a BRICS country from partaking in BRICS.

[@sumthinfresh]

Brilliant

[@matheuspetter367]

I don't know. I think Simon values ​​the BRICS nations to highly. Each one of them have so many social problems inside their borders that it will be very hard for the creation of a stable BRICS currency. Of course having tons of commodities is very valuable but it's more valuable than tons of enterpreneurs like the ones in US or in the EU?

[@tvl6347]

I think when the dollar is going to be crash, then most of the entrepreneurs from Europe and the US going to be bankrupt. The big advantage about the Brics/+ countries is that, they have a monopoly on raw materials. From China, Russia and the upcoming Brics+ members like Indonesia, Saudi Arabia, Iran and Argentina. They will control crude oil, rare earth's, lithium, palladium, magnesium, iron ore and many other materials.

[@thefairone3142]

It is great to have them but from what I gathered here, the financial framework is shifting. Entrepreneurs will still exist and adapt, but the framework with which they operate within will be impacted. Social problems in countries doesn't seem to be an issue when you consider global economics and influence. Unfortunately China and Russia are proving this. Even with awful human rights records and a lack of care for global warming etc, they are showing the West that they can survive and thrive and still maintain their own values. I think the West needs to wake up and change course. We can't hold the moral high ground if we want to do well economically.

[@matheuspetter367]

@@thefairone3142 You brought really good points. But first let's evaluate this "shift" in the financial system. The idea of using a gold based trade sysyem it wouldn't be an enourmous problem for the western economies since they have the biggest reserves of this mineral (I believe that the US alone has more than 50% of the total amount of gold reserves). Second, social problems aren't a problem until they hit the economy and sometime in the future they will hit (I live in Brazil and I'm very aware of how social problems like high crime rates affect business and increase the cost of goods that consequently results in more inflation). The hole problem of the western approach and why it's losing ground for this BRICS initiative in my opinion it's the lack of investment and bilateral partnership with much of third world countries. In many ocasions we see a protecionism behaviour that disenable trade mostly based on values (like global warming/wornking conditions etc) wich aren't that important for this countries (If you live in the amazon and your yearly payments are less than 3.000 dollars you dont care about the enviroment at all) and China, Rusia and other countries are getting ahead in trade deals because of that.

[@thefairone3142]

@@matheuspetter367 I think we agree on the same point by the sounds of it. My main concern is we are going into trade and inferring our morals and values which don't serve developing countries. Russia and China have capitalised on this. I think the question is, given the recent history of the west in global affairs, can the west win the developing nations back into their sphere of influence?

[@matheuspetter367]

@@thefairone3142 The west has for sure the economic power to convince developing countries, but unfortunately I don't see any diplomatic interest.

[@issenvan1050]

Why would the 10-yr. yield 10%?

[@renkodoodle]

Wild extrapolations based on very little more than extravagant statements.

[@malekmalek9064]

The more you can do yourself/ independent is relevant and beneficial in all times,but will be more in the future

[@nadiActive]

He is smart ive forward this onto others

[@williamparsons6073]

Irish Whiskey my love! Great content 👌!

[@directedby100]

It would be great if he could create an infographic with time (quarters) along the x-axis, and the main economic activity sectors along the y-axis. So in the 2023.Q3 column he predicts prime int. rate, equity market moves, commodity average prices, inflation level, etc. So as you read across you can get a sense of the changes moving through economic activity from quarter to quarter. This would be hugely useful.

[@jacknaneek1681]

This guys logic is wanting.

[@Angeline-gp4jg]

Coffee over here , good morning

[@user-eo6bj8qb2k]

Reach out to EMILIA E ARIAS for assistance just search the name online. They are, an approved broker.

[@wl5609]

Please interview Saifedean Ammous, the best Austrian economist on the planet...

[@fnuclone1229]

I wonder what Simon suggest how to invest in copper w out stacking in physical since its waaaayy to heavy.

[@kingston163]

Actual by mid 2023 at the hand of the Great I AM and all in a day just like at the Red Sea Crossing long ago.

[@abdrazak8310]

The world must equal...currency gap is very big..something must do...now or never

[@AshishBagade-hv4el]

Not islamic world they are just way to regressive because of their religion…I am atheist BTW

[@katarinakrajna4911]

Verím že BRICS si dá pozor a vyvaruje sa všetkých chýb ktoré robilo USA😂 Prajem mu šťastie a úspech👍👏❤

[@issenvan1050]

If DXY falls sharply, how can commodities fall with it?

[@lindaweekes8161]

Perhaps, that once the bond markets and rising bond yields cause a depression with defaulting corporations and a rise in unemployment, this will cause a loss of demand for products, energy, and commodities, prices for all sectors of the economy will fall with the exception of precious metals which will behave as the basis for a monetary system and a store of wealth. So , even though commodity inventories held by BRICs nations will be backing their currency, the commodities will be affected in value by the depression and resulting fall in production Simon sees developing.

[@issenvan1050]

@@lindaweekes8161 Will silver behave like gold or copper?

[@lindaweekes8161]

@@issenvan1050 Without more to go on than intuition, I believe silver will ultimately behave as a monetary metal, reverting closer to the traditional mean of the gold to silver ratio, that is it will respond strongly once the precious metals break out....and perhaps we are seeing the start of that now.

[@issenvan1050]

@@lindaweekes8161 Gold has outperformed silver today. Why should that ratio be important?

[@jimmylee1776]

Thanks for this enlightening video . We have to prepare for a global recession. If the US economy goes into recession, it will impact on other economies . So for those who are working (not retired) they have save money, in case they lose their jobs & be unemployed. For retired people we also have to save in case inflation keeps rising & eroding the purchase power of money.

[@lucylovitt9583]

Just explain how retired people save in a highly inflationary environment - when pension funds have been working in a net zero interest rate situation for over 7 years????

[@option1497]

I am listening to this rambling at 150% speed and it's still too slow....his thesis could have easily been summarised in 1 paragraph. 99.9% is speculation anyways.