I noticed that the price of cars doubled every decade. 1960's $1500. 1970's $3000, 1980"s $6000, 1990's $12000 2000's $24,000, 2021's $ 48,000 and the price for a ford f150 today $80,000.. That pretty much confirms what Mr Oliver say's about doubling the money supply.
@@userjoe4321 As precious metals investors, I thought we already had that skill downpat ;) I liked Schiff in the 08 era, I just haven't heard anything new or useful from him since. I'm just saying my tank is full as far as Schiff is concerned.
OMG Gold & Silver & Uranium are SURGING this morning and my money tree is growing considerably. ..Definitely money is rotated from Tech stocks to G&S...Magnificent 7 look ugly in red...Govt can not keep pumping money to hold up the market..the Tech bubble is burst!!..
Gold = rookie numbers, central banks have all the gold. But when Michael mentioned "...end of the Fed..." BINGO! Demand for physical silver's epic already. The asset will hit "no bid" post-COMEX--watch physical silver be 1:1 with gold. Or exceed.
India imported 2,295 metric tons of silver in February, up from 637 tons in January. In February, India imported 939 tons from UAE silver imports surged to 2,932 tons in the first two months of 2024 compared to 3,625 tons for all of 2023. India already has 10,000 metric tons of silver plus all this they've brought recently. And China already has 70,000 metric tons of gold been buying since 1930s. Gold will even go higher some say $240,000 a ounce. India brought 8% of world silver in Febuary if they buy that each month that be 96% of all the silver in the world at end of December for one country so silver price will go up some say $300 in 6 years time other say it go up $50-$70,000 a ounce.
these guya always say “ gold knows this” who are they refering too? im a big gold and silver guy but just curious as to who there talking about like gold is an individual making a decision.
Are you taking in the consideration for the flow cash or the flow of currency? This is a very important factor when 10 million immigrants come into our nation housing cause go up food prices increase you need people to help them and police them. The flow of cash or currency has to be replenished due to the amount of jobs. The government is creating this means the the flow of currency is too low. The federal reserve has to increase the currency for all these jobs. This keeps rates higher for longer the longer the rates are high. The national debt goes high. That means gold gonna go higher. People are using it for inflation that’s how come Costco is selling 200 million bars a month of gold
I noticed that the price of cars doubled every decade. 1960's $1500. 1970's $3000, 1980"s $6000, 1990's $12000
2000's $24,000, 2021's $ 48,000 and the price for a ford f150 today $80,000.. That pretty much confirms what Mr Oliver say's about doubling the money supply.
Michael is one of my fave PM commentators. Right up there with schiff.
schiff is a goof and a broken record and nothing close to Oliver
Schiff is also a legend
@userjoe4321 was a legend now just a broken record
@overlordsshadow learn how to accept that other people won't always agree with your opinion
@@userjoe4321 As precious metals investors, I thought we already had that skill downpat ;) I liked Schiff in the 08 era, I just haven't heard anything new or useful from him since. I'm just saying my tank is full as far as Schiff is concerned.
A favorite guest. Always worth listening to.
Michael Oliver is top notch. Great analyst!
Been posting it for years. GOLD IS MONEY!
PATRICK Absolutely terrific interview Thanks
Thx for the kind words. Glad it was well for you.
Me thinketh thanks Patrick, another good one and also like the... time summary!@?🙂
Very welcome
Another great interview. Thank you Patrick
Boy, that was better than watching Titanic.
Excellent report
Great show!!!
Excellent Program !!! Thanks
You are welcome!
Gold just hit $2400!!!
Silver almost 29!
$3750 in Australia
Gold price is $2480 in Shanghai.
OMG Gold & Silver & Uranium are SURGING this morning and my money tree is growing considerably. ..Definitely money is rotated from Tech stocks to G&S...Magnificent 7 look ugly in red...Govt can not keep pumping money to hold up the market..the Tech bubble is burst!!..
Gold = rookie numbers, central banks have all the gold. But when Michael mentioned "...end of the Fed..." BINGO! Demand for physical silver's epic already. The asset will hit "no bid" post-COMEX--watch physical silver be 1:1 with gold. Or exceed.
What about the physical demand in both Silver and Gold in the East.
Paper Silver has no use in industry.
The cost to get it out of the ground
India imported 2,295 metric tons of silver in February, up from 637 tons in January. In February, India imported 939 tons from UAE silver imports surged to 2,932 tons in the first two months of 2024 compared to 3,625 tons for all of 2023. India already has 10,000 metric tons of silver plus all this they've brought recently. And China already has 70,000 metric tons of gold been buying since 1930s. Gold will even go higher some say $240,000 a ounce.
India brought 8% of world silver in Febuary if they buy that each month that be 96% of all the silver in the world at end of December for one country so silver price will go up some say $300 in 6 years time other say it go up $50-$70,000 a ounce.
India knows. China is driving prices now. Silver will be 1:1 gold or higher due to demand.
Have you noticed the MMT advocates are conspicuous by their silence. I thought debts didn't matter.
I’m a perma bear, but current earnings are pretty good
He is everywhere nowadays.
And
How has tyranny been defeated throughout history?
these guya always say “ gold knows this” who are they refering too? im a big gold and silver guy but just curious as to who there talking about like gold is an individual making a decision.
The smart money (such as central banks and sophisticated investors) that buys gold.
@@userjoe4321 thats what i figure too just curious why that isnt said like many others.
Are you taking in the consideration for the flow cash or the flow of currency? This is a very important factor when 10 million immigrants come into our nation housing cause go up food prices increase you need people to help them and police them. The flow of cash or currency has to be replenished due to the amount of jobs. The government is creating this means the the flow of currency is too low. The federal reserve has to increase the currency for all these jobs. This keeps rates higher for longer the longer the rates are high. The national debt goes high. That means gold gonna go higher. People are using it for inflation that’s how come Costco is selling 200 million bars a month of gold
THE FED IS THE LEACH ON PUBLIC WEALTH AND FREE MARKET. THE FED NEEDS TO GO!
Too much damage
Too much damage to US & global financial system to get Humpty Dumpty back up on The Wall!
Selection, not an election
$70,000/oz
What kind of paper currency is that?
Lol. 🙃🤣
✌️
GOLD DOESNT KNOW ANYTHING. ITS ALL TO DO WITH MARKET PERCEPTION.