Bob Moriarty: The Most Destructive Crash in Financial History
Bob Moriarty: The Most Destructive Crash in Financial History
Palisades Gold Radio: 7-28-2023
Bob Moriarty, a former Marine Corps fighter pilot in Vietnam and founder of 321 Gold and 321 Energy, once again shares his insight on the recent protests in France, which he believes is a result of the EU's unlimited immigration policy, rising inflation, and a worldwide revolution due to governments destroying the middle class.
He is highly critical of the US' involvement in Ukraine, claiming they are responsible for the energy crisis, and that the US' strategy of involving other countries such as Norway and Poland is a smokescreen.
He believes that the US' losing streak in wars in the Middle East has led to BRICS Nations creating plans of their own, and warns that the $300 trillion in debt will not be paid.
He goes on to explain the use of sentiment indicators, cautioning investors to be careful when investing in commodities.
Finally, Bob touches on his adventures in Australia and discusses the global warming narrative, which he believes to be incorrect.
Bob believes that the only way to protect the stability of the country and ensure people’s trust in the system is for governments to return to an honest money system.
Time Stamp References:
0:00 - Introduction
1:26 - French Protests
7:48 - Sanctions & Suicide
9:20 - Nordstream & Wars
12:08 - Winter in Europe
18:15 - Escalation Risks
23:54 - BRICS & New Currency
30:37 - Sentiment & Capital
38:29 - Rates & The Next Crisis
40:28 - Miners & Explorers
43:09 - Mining Stories
53:00 - Gold & Dollars
54:33 - Warming Narratives
57:37 - Wrap Up
Talking Points From This Episode
- Bob believes the recent protests in France stem from Europe’s unlimited immigration policy, resulting in rising inflation and a lack of trust in the financial system.
- Bob is critical of the US’ involvement in the war in Ukraine and its implications for energy costs and availability in Europe.
- Bob suggests that the only way out of the current energy and financial crisis is to return to an honest money system.