I guess you are right about the vloggers, as everybody, each has his own agenda. And I also agree about Greg Mannarino, he seems to be one of the very few who doesn't try to sell you anything. May be he get some money for the videos from YT, but I doubt that is worth mentioning. He has not that many clicks, really. I don't know how good his trading advice is, I don't trade. And sometimes I wondered what causes the dark shadows around his eyes... :)
To Greg Hunter, I dont know if he gets payed to bring people on. Some of them are such weirdos, I guess they have to pay to get invited anywhere.
I always looked at those as entertainment. Like Clif High, or the guy who claims everything is predestined by the bible.
But what annoyed me lately about Hunter is his cheerleading for Trump. Trump the saviour, Trump cleaning out the swamp, Trump this Trump that. No matter what BS he just twittered again, Trump will save the USA.
With Peter Schiff at least its clear what he stands for: his investment company, the jewellery company he is involved with, and so on.
But in essence they all have a point in what they say - that the current system of debt and the expectation of infinite growth everything is depending on - cannot function forever.
May be number get exeggerated to serve the narrative at times, but if the Chinese decide to dump the bonds, and may be the Russians join them, then the US Dollar is toast. And then the whole debt house of cards will come down, as everything is interconnected today, also the Euro region, Japan ect.
And in that case only some hard assets can save your ass, not shares or such things, even if they are from decent companies. Because they are payable in Dollar, and thats useless paper.
But well, if that happens we all need to get creative to stay alive.
You have a advantage: you are used to crappy coffee already - I will have to cut down then. :)
But I’m telling u the euro is going down before the dollar. U are right there are events that can prove me wrong but I see it as 70/30 dollar for a 1-2 year window can surge before loosing value. I guess it doesn’t matter cause if I’m right it will just take longer abs still same result anyway
Well, may be the Euro goes first. Its also just a debt bubble, artifically kept afloat. But if the european banks go under, they will take the US banks down with them, its like a domino chain falling. Even if something less than a total Euro collapse happens, like Deutsche Bank going bust, it may trigger the decay world wide.
The network of debt between the banks is so huge, that there are hundreds of billions or even trillions missing if one goes belly up. Of course they could just say "Who cares, its just numbers on a computer screen" and thats actually the truth. But that would destroy the image of doing serious legit business, and show that its actually all just a hoax.
It’s funny it’s been over 4 years since this time. Oh the future we had coming 🤯
Maybe funny is wrong word but just crazy the happenings we had coming
I just got access to the old account 🤯
4 years later….
Ha! Took some time to find your password, hey? :)
You wouldn’t believe me if I told ya. But hey steem was a dime or so and Hive didn’t exist so it’s a win. Would of been nice when we hit $3.00 to get my 500 hive out but can’t complain.
It is a weighted geometric mean of the dollar's value relative to other currencies:
Euro (EUR), 57.6% weight
Japanese yen (JPY) 13.6% weight
Pound sterling (GBP), 11.9% weight
Canadian dollar (CAD), 9.1% weight
Swedish krona (SEK), 4.2% weight
Swiss franc (CHF) 3.6% weight
So if the Euro crashes, by default, the USD will rise. Maybe the Jim WIllie theory of having the USD rise, rise & rise, the collapses could be true.
Yea hunter is way off in my opinion! He seems to have a certain agenda exactly as y say above. We agree on most of this! Well we shall see that is for sure my friend
Dont get me wrong, I dont think Hillary would have been the better choice. She would have not done anything better economically, simply because that is not possible without a revolution. And thats sure not her thing. Probably things would have been less noisy, but not really better.
Actually, Trump is not doing that bad - he is nearly at mid term and hasn't started a war yet. Thats not a bad average for a US president... :)
I agree
Hunter
Yep he was a total trump shill. He was paid to be.
Oh man hard to believe this was 4 years ago. Wild. Cheers @beatminister 🍻
Yeah, I didn't hear of him for a while now. I don't listen to most of such channels anymore. Even Greg Mannarino, its kind of the same all the time. May be more relevant for share traders, which I'm not.
The only one I still listen to at times is Gerald Celente. He is a bit of a weirdo, but has the heart on the right spot, I think.
For more profound information on metals and economy and stuff, check out the YT Stansberry Research channel and its show hosted by Daniela Cambone. She invites mostly really serious experts, who know what they talk about. If you don't know it yet, check it out here: