Thanks as always for making GoldSIlver.com your bullion dealer.

Watching the market's ups and downs shows how quickly things can change. In the market, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...i have delve deeply into active trading and managed to grow a nest egg of around 127k to a decent 532k... I'm especially grateful to Flora Elkin, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

Worries about a potential recession have weakened my investment confidence. I aim to reallocate my $250 portfolio. What's the most effective strategy to hedge my portfolio and generate profits?

Thank you for your videos mate.. If there is one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. Bitcoin going up is good for the entire market and you can not tell if it's going bearish or bullish. I Would say More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market.I have made over 16btc from day trading with Antonia White insights and signals. in less than one months, this is one of the best medium to backup your assets incase it goes bearish...

We do have high unemployment. We just don't count most of the unemployed. We do have collapsing GDP but we count soaring government debt spending as GDP. We do have record inflation. We just use a manipulated formula to say its low. It's pointless to compare historical numbers that were calculated differently.

We were in recession last year. They just changed the definition. Why do people continue to deny it?

I lived thru the 70s. finally truly understand the concept of stagflation great explanation. thanks.

Brilliant Guest Brilliant Analysis Big Thanks Mike thumbs up - Like 👍👍👍👍

Im from argentina, if you are in a stagflation, the best things to invest is: stock, gold, food, products of any kind.

Great explanation of stagflation, I never quite knew what that term meant

Thanks! That explains it more clear than i heard before.

That’s why I was going so hard on silver. My steel was up 300% many of my parts were up over 150% . Rent was up 200% and silver was the same . I kept telling people but no one wanted to hear . I found products that had not sold out and not restocked at the new inflation adjusted prices . That is why silver was so obvious to me . I was able to see through the nominal confusion cause I’m good at math? And listen to smart people . Thanks for hidden secrets of money it started my stacking journey but also help me measure value against gold thus knowing if something is cheap or expensive

Intresting guest

Wonderful and insightful interview, thanks Mike!

Thanks Mike!

Well said SIR

Great and informative conversation!

Excellent interview

Excellent report 💯

Silver 80% price is industrial 20% price component is made by traders

During the 1970s the idea of current cost accounting was floated to take the effect of currency inflation into account. After the economy was stopped in its tracks by Paul Volcker which resulted in a significant drop in inflation, the idea of current cost accounting was dropped since the rate of inflation was thought to be low enough to ignore. This is a mistake since inflation is an exponential function so that the damage it does to the economy increases exponentially over time. Eventually increasing productivity can not keep up with the damage done by inflation and then there is an economic crash since the government continues to implement policies to forstall the consequences of damage done to the economy by inflation.

Two of the best in the game here

Mike and Russ thanks for the education. I always remember that Gold is money and although they can create currency they can’t create the things the currency buys. The real stuff matters not the IOUS or claims on wealth. I’ve more recently been trying to price things in Gold. I’d love a presentation on prices of stuff today in Gold especially with it’s All time high adjusting for inflation. Thanks again for all the work you do!

Spot on about value of gold in ounces. We should measure dollars in grams of gold (about 1/75 today), not the other way around.

I obtained a Zorkmid in the 1980s. Games helped productivity by developing graphics that later met the needs of business (despite opposition by IBM). That Zorkmid coin held value really well because the early adopters of computers had great paying jobs and were flush with cash when I sold it about 2005, even though the value of digital Zork, itself, had fallen.

Thank you Mike! Thank you Russell! Wow! That really twisted my feeble brain, but was very interesting! This will be extremely weird!

Excellent discussion! 😊

Thank you Mike for yet again another free and thought provoking video. Inflation has everything upside down.

So much knowledge. 👍🏽

PREPARE

Another great video. I'll be curious to see how many more people tune in to your channel with silver and gold running now. Could be worth putting out some new videos for beginners for them, maybe a video pushing them to check out your backlog of videos? I don't know, just seems like something that could help them. :)

"Nominal confusion" sound brilliant. If company not diluting shareholders investors will notice it Andean presious metals up 12 % on 14 30. Silvercorp will follow

Great video!

Great vlog....👍👌

Fed's favorite 'we will handle it' to Monty Pithon's 'and now something completely diferent'

Very good information

Using Treasury Direct to accumulate one month T-bills paying 5.5% yield compounded monthly. Treasuries are in Backwardation because the underlying asset, the dollar is poised to tumble in value.

NICE!

If fundamentals mattered markets would look different.

Love this🇦🇺👏👏

I'm done with buying gold. When silver hits $30/oz I'll be done with buying it. Anyway, it's always interesting hearing how the financial system works. The problem is putting all this info together to figure out how to position myself.

Add to the list of videos not to show in colleges.

In the future US is facing starvation or. Hyperinflation . debt 34 Trilion dollars 1 trilion dollars deficit per year 😢

Sir is it right time to purchase gold right now

@Goldsilver PBD wants you ON HIS SHOW! Better accept his invitation and get down to MIAMI FOR THE SHOW! His audience NEEDS YOU!

At the end the guest states "you gotta have debt". I didn't hear this supported in the discussion. Why should I take in debt?

I hope when the depression hits that the metals actually go UP. I have a feeling we'll look back at these current prices and wish we sold (At least the mining stocks) to buy them back for half price.

Obviously we've had an inverted curve for a while. It could be, that they're expanding the money supply so much, that old metrics no longer matter ????? Bc if you went strictly by the "we're going to have a recession bc the yield curve is inverted" philosophy, then you've missed out on some good stock gains. Could a correction be imminent? Certainly.

Couldn't help but notice how odd the construction methods are on Mike's deck. Double top plate rail and no beam supporting the roof at the support post cantilever.

If i should be counting my wealth in ounces...how many ounces do i need to be wealthy?

Did he say one should have some debt? That doesn’t sound right. Surely with interest rates bound to rise debt is the last thing you want long term.

Wait a second... I thought stagflation was a dinosaur?? 🦕😂

Some one killed the golden goose.

Productivity of ‘70’s vs ‘20’s is totally different - USA doesn’t produce anything today (w/ few exceptions).

Faith in the funny money being eroded daily as shown through the bond markets

Mr Gray should read “The Great Depression: A Diary” if he thinks owning a lot of properties is a good idea.

17:15 - Yeah, but if I have 5 ounces of gold at $2,000, I have my mortgage payments for the next year (if needed). But if I have 5 ounces of gold at $100,000, I pay off my mortgage and own my house free and clear... and still have 4 ounces of gold. 😉

Truthfully, younger people intrinsically understand stagflation which is why they aren't jumping up to participate in the economy. For anyone under 45 the goalposts have been perpetually moved on us. I was born in 81 which is right around the time you are drawing parallels to. So it's only those who have benefited from that arrangement who are worried now because they are past their prime earning years and depend on the welfare state they so chastised vehemently for 30 years.

Great talk by your friend Russell. Mike does not interrupt him. This means he also likes it and he nails exactly what is going on in our fucked up world. About the labor market the part time jobs of illegal immigrants go up but the full time jobs of native Americans go down. Is this also inflation ;-)

We are not in recession, we are worse off than the Great Depression so we are in The Greatest Depression. Is this when we should start reusing aluminum foil?

“Inflation” describes an action that takes seconds to a day or so to accomplish: approve a loan or issue more currency. The reason it is a fiat phenomenon is because a few people can do it by fiat (mandate). The wannabe alchemists can’t do that to real money. Mere price adjustments done by the market under the Law of Supply and Demand is an ongoing process with variable velocity and there is no way to measure it unless you can find a relatively stable basket of commodities to measure by (to remove seasonality, demand, supply and supply chain, regulatory, and all the other factors of supply and demand influence). On a historic scale, these are gold and silver, but sometimes food and energy are better. Cost of living done right is a good yardstick for measuring prosperity. Inflation, though, is not that complicated. It is measured by the currency supply which is added or removed by a few individuals. The velocity with which it oozes out into the market’s value calculations and how it shows up is a process of gazillions of individual choices made. The the solution to inflation is simple and easy: don’t use fiat currency controlled by a few individuals. We outnumber them. They are at our mercy. Stop making “inflation” a bigger problem than it is. Prices are a much, much, more complex thing controlled by a much stronger natural law of supply and demand which includes inflation in its never ending process. All prices are a combination of calculations from which it is impossible to separate them into components. Inflation’s impact flows into the soup at variable times and velocities. Measure it at the moment someone issues it, and see the influences over time. This definition of “inflation” is every bit as important as the one between “fiat currency” and “money.”

The stock market and economy will continue become more and more distorted from each other until it finally collapses.

Everyone hates SILVER It's MEANS, it's time for me to get more GIVE me what everyone hates it..

inflation never going away until they pay the debt down... interest on the debt is 7% inflation by itself ... even tho lying about the real inflation ,its still there stacking up.

It's engineered. Jack up the cost of inputs, rent, tax and regulation, reduce the population = higher price + less demand spiral.

Time to... #EndTheFed 🇺🇸

People so afraid to just say Depression, and it will be.

THE MARKET WILL NEVER CRASH AGAIN BECAUSE OF MONETARY POLICY

A lack of inflation is a big problem too.

Jobs being sent overseas since Clinton Bush were Presidents. Now we have declining populations in some respects. Don't forget that overtime jobs naturally have become more efficient with new technologies.

Stagflation is more contribution to how the rich get richer and the poor get poorer.

Met this guy on a cruise. Was very very arrogant in basic conversation. But regardless, in this video he pretends he came up with these concepts, such as nominal confusion lol. No Russ... you didn't. The only one confused is you. Keep telling yourself you are someone you're not.

Criminal manipulation due to money printing.

So in other words, we are f’d. Neither trump or biden can get us out of this sheet sandwich.

I'm favoured financially, Thank you Jesus. $32,000 weekly profit regardless of how bad it gets on the economy.

Silver the con trick of the century 😂 once the depression economic collapse happens its going back to 18$. I have been stacker since 2010 i regret it so badly now!! Only my bitcoin and real estate saved me from a terrible decision. Mike sells you the fake dream while he buys bitcoin with your commissions 😂. At least he was doing that back in 2017! When bitcoin was a few 1000$ 😂