This was recorded yesterday. We discuss particularly the outlook for the dollar and why it will be printed in increasing quantities, to rescue banks and zombie businesses
Thank you Alasdair..and thank you especially for starting this substack forum it has been quite honestly life changing. One incredibly eye opening revelation was to learn while we all get out of credit be mindful of what we jump into ( other assets priced in dollars/credit)..I'm thinking real estate ; exactly correct. When sold it has no more value measured in dollars than the similar houses in your neighborhood, so what have you gained ( I guess if you move to a poorer neighborhood). This is not to mention all other increases food,energy, other forms of paper assets etc...anyway I am only repeating what we all know, just wanted to say a great big thanks....I'm buying physical Gold as fast as I can ..and only keep enough credit for daily living..
Superb and to the point ( As Ever ) - I notice how ' Maxmark ' in his initial comment , noted that what you had to say was - " A Bit Gloomy " . Yes , somewhat ' BUT ' it is a truism that " The Truth " as in this context more than often , if not almost certainly - " Hurts " . Far better though to know what's lurking around the corner in order that we can all prepare as best as possible - rather than be " Wise After The Fact " and not have done anything by way of protection .
Alasdair, listening to your interview with our friends in Australia, you mention that none of the politicians have a coherent plan for fixing the American economy. What would you advise whoever wins the American election in this regard? Thanks
Quite so , none of " The Politicians " ( Nigel Farage & a handful of others apart ) have any
" Coherent Plan " to fix any of their economy's ( US / UK / Eurozone / Aus - et al that you're alluding to . They are instead following an age old plan of their ' Establishment Paymasters '
to take down their economy's - stealing , impoverishing and robbing we ' The Little People '
of all of our freedoms and civil liberty's along the way . This is - " Plain as a Pikestaff " as all of us with our minds and eyes wide open can all too clearly see . A rough ride awaits us all ..!!
" A Bit Gloomy " - YES , but 100% truthful & 100% factually correct . ' IF ' you're tied to the rail tracks - better to see the lights of the express train as it enters the other end of the tunnel and be able to do something to save yourself - than only noticing the locomotive as it's almost upon you ....??
I think I'll wait for the Scotch on the Rocks when I'm " Free in a single mighty bound " ( as per Batman - The Original ) and can see the lights on the rear of the Caboose disappear into the Ravine .
For all here, if you're not a David Jensen subscriber, I suggest it. He's posted a free article at this link any PM bug is gonna wanna read, excellent content!
Thank you Alasdair..and thank you especially for starting this substack forum it has been quite honestly life changing. One incredibly eye opening revelation was to learn while we all get out of credit be mindful of what we jump into ( other assets priced in dollars/credit)..I'm thinking real estate ; exactly correct. When sold it has no more value measured in dollars than the similar houses in your neighborhood, so what have you gained ( I guess if you move to a poorer neighborhood). This is not to mention all other increases food,energy, other forms of paper assets etc...anyway I am only repeating what we all know, just wanted to say a great big thanks....I'm buying physical Gold as fast as I can ..and only keep enough credit for daily living..
Thank you have a great weekend 😊
Superb and to the point ( As Ever ) - I notice how ' Maxmark ' in his initial comment , noted that what you had to say was - " A Bit Gloomy " . Yes , somewhat ' BUT ' it is a truism that " The Truth " as in this context more than often , if not almost certainly - " Hurts " . Far better though to know what's lurking around the corner in order that we can all prepare as best as possible - rather than be " Wise After The Fact " and not have done anything by way of protection .
Alasdair, listening to your interview with our friends in Australia, you mention that none of the politicians have a coherent plan for fixing the American economy. What would you advise whoever wins the American election in this regard? Thanks
Balance the budget by cutting spending. That would be a start!
Quite so , none of " The Politicians " ( Nigel Farage & a handful of others apart ) have any
" Coherent Plan " to fix any of their economy's ( US / UK / Eurozone / Aus - et al that you're alluding to . They are instead following an age old plan of their ' Establishment Paymasters '
to take down their economy's - stealing , impoverishing and robbing we ' The Little People '
of all of our freedoms and civil liberty's along the way . This is - " Plain as a Pikestaff " as all of us with our minds and eyes wide open can all too clearly see . A rough ride awaits us all ..!!
Sorry, hearing the rest of the interview, I hear your recommendations. Thanks :-)
" A Bit Gloomy " - YES , but 100% truthful & 100% factually correct . ' IF ' you're tied to the rail tracks - better to see the lights of the express train as it enters the other end of the tunnel and be able to do something to save yourself - than only noticing the locomotive as it's almost upon you ....??
Maybe better to have a scotch on the rocks when you see those lights Simon, lol
I think I'll wait for the Scotch on the Rocks when I'm " Free in a single mighty bound " ( as per Batman - The Original ) and can see the lights on the rear of the Caboose disappear into the Ravine .
Thank you Alasdair.
Fantastic interview, Alasdair. Thanks for sharing this information with us, even if it is a bit gloomy. I think it's time for a good beer. :-)
For all here, if you're not a David Jensen subscriber, I suggest it. He's posted a free article at this link any PM bug is gonna wanna read, excellent content!
https://open.substack.com/pub/jensendavid/p/the-london-gold-market-is-relying?r=1ny8xp&utm_campaign=post&utm_medium=email
It's not just London. As I've been writing about the shorts on Comex and the continual stand for deliveries on Comex this time we face a paper crisis.