Debt Spiral Induced Market Crash Incoming? with Peter Grandich
WTFinance: 5-17-2024
On this episode of the WTFinance podcast I have the pleasure of welcoming back Peter Grandich – Founder of Peter Grandich & Company.
During our conversation we spoke about strong markets leading to a crash, the risk of a debt collapse, what happens if no deficits, BRICS, why unemployment data isn’t the full truth, gold and more.
I hope you enjoy!
1:04– Introduction
3:08 – Strong market for coming months before crash
4:53 – Risk of a debt collapse?
6:23 – How long has run been going?
9:53 – Wall Street Titans coming out against Biden
12:11 – What happens if no deficits?
16:50 – Who consumes China’s manufacturing?
19:11 – Can the change be prevented in US?
22:05 – Strong employment helping economy
24:30 – Assets to perform?
29:05 – Who is buying gold?
31:40 – One message to takeaway from conversation?
Beijing fortifies a rising gold price – LFTV Ep 173
Kenisis Money: 5-17-2024
In this week’s episode of Live from the Vault, Andrew Maguire guides listeners through the latest developments around the new BRICS currency, surging Chinese gold demand, and pivotal findings from the IMF’s latest report.
Timestamps:
00:00 Start
01:45 Community question: where are we in the physical vs paper war?
11:45 The BRICS gold-backed currency
18:15 Will massive Chinese gold demand continue?
32:45 The latest International Monetary Fund report
Gold & Silver Breakout: $30 Silver & $2400 Gold – What’s Next? | Bill Holter
Liberty and Finance: 5-17-2024
The physical precious metals markets in the East are overwhelming the paper manipulation in the West, says Bill Holter .
Metals and miners are rising and showing significant signs of strength. He expects a breakout coming. Rising gold prices are signaling a collapse of currencies, he notes and cautions against investors waiting to protect themselves with metals.
For those waiting for pullback, he simply says “good luck.”
INTERVIEW TIMELINE:
0:00 Intro
1:30 Physical vs paper
4:30 Fiat currencies collapse
5:25 Pullback coming?
6:39 Gold manipulation
7:58 Selling gold & silver
9:36 Gold/silver ratio
10:47 Is silver undervalued?
11:30 Pre-1933 gold coins
14:15 Gold jewelry
15:30 Currency crisis
16:47 Which currency will collapse first?
18:40 China’s national debt
21:40 Bank failures
25:00 Real estate and farm land
26:15 Relocation
29:08 Central banks & silver