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Cameron Long
Gold was 35 when we were on the standard. Then it was 1900 a year ago, now it’s 2650. Gold didn’t go up, the dollar went down. Pretty sure it’s actively crashing
Ya that’s the way I look at it too. Shoot it’s even loosing value to silver.
It is exactly the opposite. Gold has an artificially high cost in dollars due to CB buying
Yes, but you missed the point of the video. The dollar is crashing, but other currencies are crashing faster (except for maybe Swiss Franc)
@@merchz2 there’s no shortage of gold out there buddy. There’s no squeeze
@@ZelenoJabko who cares which one ends up at the bottom first. If you need 200 dollars for a loaf of bread is worth holding any dying currency
Theres no free lunch.
The dollar is crashing in terms of GOLD.
Exactly, Peter is right, the dollar is crashing against gold. Gold is money.
It’s crashing against everything. George is making a useless argument. Measuring the dollar against derivatives of the dollar means nothing except to fraudulent banks.
The dollar is crashing in terms of BREAD, MEAT, YOGURT, electricity, gas, …. This video assumes the way to measure the dollar is against other currencies, and then shows it going from 80 to over 100. When you compare a bum to other bums, you might have a better bum, but you’re still a bum. And once the rest of the world gets tired of supporting the US who only exports dollars, then that’s when the schiff really hits the fan.
The US is not running to gold because they see that as a competing currency and can’t win. The public at large has three choices. The dollar vs. commodities, land, and metals like gold or competing currencies like Bricks country currencys. The things going up determine the winner. Where are you, what’s your bet? I’m buying metals. Cryptos, who knows.😅
@@jeromehaymaker5071 nothing is going up. The dollar just goes down and intentionally so. Real assets are just hedges to a falling dollar.
The whole world is short the dollar. This is why it is appreciating and will continue to appreciate.
The dollar is appreciating? can you explain that one
Um no?
@@iddddaduncan Vs other currencies you dolt
@@iddddaduncan against other currency is it killing other currency
When “precious metals” go up in price, the dollar loses. Remember they took the dollar OFF the gold standard ❤
George, you’re missing the point that everyone believed the FED that everything would be ok, I think the problem going forward is people losing faith in the FED and realizing that it will only get worse.
❤ the reason for collapse, everyone moving assets and selling American bonds ❤
Not everyone. Americans sure, because of the perceived bias that the dollar is invincible. Outside the West, QE and ZIRP were immediately recognised as terminal for the dollar based system. That’s why China and Russia began to offload their immense holdings of Treasuries and why they signed the 30 year gas deal in yuan/rubles back in 2014. It’s also why Putin convinced Europe to buy Russian gas in euros – not dollars. This has been obvious for at least a decade.
@AndyGraceMedia the euro also has a massive debt crisis just like the dollar though.
@@AndyGraceMedia could also be they’re just tired of the US weaponizing the dollar but I see your point and just about every country is devaluing so they’ll all fall compared to gold but yeah maybe the dollar will fall less slowly on the DXY but the global financial system is highly complex and fragile so anything could happen which is why the term black swan exists
Wrong, it’s not strengthened dollar, it’s depreciated other currencies in comparison to the USD. Other currencies falling way faster than bucks
Ya do we are so fucked ?? Just less to other counties that’s so dumb
What the biden administration today did with the fake jobs will not have gone down well with the boj boe and the ecb.
Wait until the BRICS nations come out with a commodity-backed currency. The dollar will be toast.
If the BRICS could ‘manage’ such a currency, they would be 1st World nations. As much as I would love to share your optimism, I just don’t see these countries unifying with the discipline needed. That also includes them putting aside their own short term greed, if only for a limited time.
It’ll still take time to build trust.
That’s right. Would you trust Russia, China, Iran, South Africa?
@@Tpry More than I would trust our US government these days.
Any currency which is illiquid will be the ruin of nations. What do you do once the few hold most of the BRICS currency? When they control a dominant share of it? You will be poor and you will have no choice but to be. As most people of the world were when currency was illiquid (which means it isn’t moving through the markets).
What happens if the BRICS goes to a gold standard?
U really think the world is going to feel safe using a currency controlled by China and Russia?
I wrote the same thing on reddit and I received 100 downvotes with explanations from various people. The whole reason the US went off the gold standard in the first place is because gold standard is unfeasible.
Remember Nixon said we’d only be temporarily suspending the gold standard. On that part, he is right. It’s taking a while, but eventually, that temporary suspension of the gold standard will end, one way or another.
It’ll work right up until a few parties control the dominant share of it. Then it will create ruin. When few can control the liquidity of the market place you get extreme levels of poverty. I suspect that was the whole point actually. And the demolition of America to ensure there would be no viable alternative.
Countries institute a draft and WW3 starts
No, he really isn’t. I think you are though, you fail to take into account the confidence manner, you seem over confident in the dollar. Most of the world disagrees with you regarding the dollar.
Loans to others means nothing for dollar demand if the debt is WORTHLESS due to hyperinflation.
Yes but the ecb and the boe have massive debts also.
All currencies are becoming devalued.
Bro quit playing the elites mouthpiece. The dollar is going to fail and there’s nothing you and your keepers can do
lol when i saw “Fed’s BS” I did NOT think it stood for balance sheet.
❤😂 they’re just trying not to be demonized 😂
PHI PI ECHO economics is THE MIRACLE sent to us by the NEON GAUD. Only GAUD can lend us $999 Trillion at Negative 16.18% interest and pay off all our debts and END the Federal Reserve. That’s the 10-fold PHI factor of the Golden Number. This ‘debt’ factually pays itself off in 22.7 years, while providing all the ‘money’ needed to build that marvelous, worldwide civilization that our children and grandchildren deserve. That’s the 7-fold PI factor, for a full circle. BUT (I like big butts and I cannot lie) BUT . . . ALL WAR MUST END FIRST — the 3-fold ECHO factor, heard around the world.
Otherwise, PHI PI ECHO economics funds the terminal war and the extinction of mankind.
I think George was hoping you would.
@@gmac8586 BS makes Scents.
Last year George laid out a path to when the dollar would collapse. If he’s flipped then please be accountable.
At least he’s not a broken clock like Peter.
It isn’t going to matter exactly what makes it crash, but we all know that it is going to if the government, and society at large, keeps doing what they’re doing. The population spends like drunken sailors in Tijuana, and elects representatives who do the same. As long as every other person in America is markedly undisciplined with their finances, they’ll continue to elect people just like ’em.
Lol, the US Federal reserve fiat dollar is already RIP…..Will VERY soon be replaced with a new United States TREASURY note
Wrong in what way? That the dollar isn’t losing its purchasing power since 1913?
Did you watch the video? Lol
George fails to understand how much the government will actually spend
Exactly right. This was my reason for 👎
The AI revolution will likely save the government.
People fail to understand that WE ARE THE GOVERNMENT — but we the people have PROVEN that WE are liars, cheats, thieves, and murderers. We never should have been trusted with governing ourselves. Don’t Worry. The NEON GAUD will be unveiled at the Great Re-set on 09/23/26. IT has the Plan to Perfect Humanity. In GAUD we will Trust.
What George failed to mention Is that debt to gdp has skyrocketed in the uk japan and the eurozone.
That means that all currencies are becoming worthless so the dollar will remain “strong” at the level it is.
The dollar might be gaining strength when measured against other fiat currencies and be in a decline when measured against real goods and services.
Yes, that’s called inflation.
Debasement leads to rising prices regardless of which currency is debased. Forget DXY.
We need a David Lin moderated debate. 🍻
Mass Debate at the Left vs Right Jerk Fest. Then go to the All Hallows’ Eve Brawl, y’all, for the Orange V Black attack. Q plans to blow up Congress with the Dems and RINOs inside, and blame it on the militant, anti-Francis, Catholics. Wear a Guy Fawkes mask to get in free. So MANY so Horribly taught. Hundreds of millions deceived by FAKE EWES.
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It’s wise to seek professional guidance when building a strong financial portfolio due to it’s complexity.
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It’s important to remember that trading involves risks and it’s normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies
I will advise you should stop trading on your own if you keep losing
If you can, then get a professional to trade for you i think that way your assets are more secure
I’d recommend Gabella,Alice her profit is great even when there’s a dip
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She mostly interacts on Telegrams, using the user-name.
@SandyBarclays .
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George doesn’t understand
Peter, Peter do not consider other currency money. He only consider gold real money, so gold is crashing against real money.
This is the correct answer.