Jim Willie, Lynette Zang, and David Hunter "The Reset, Gold, Silver and more"
Jim Willie EXPECTED DAY! - Global Crisis Reset Has Begun and Continues
Oct 21, 2020
JIM WILLIE EXPECTED DAY! Global Crisis Came - BOMBSHELL INTERVIEW Jim Willie:
Reset Has Begun (Now The US Must Do These Two Things AND Get 10,000 Tons Of Gold)
Jim Willie - Global Crisis Reset Has Begun and Continues The global crisis has started and continues.
How long will we continue? What will happen to the policies of the countries?
Q&A WITH LYNETTE ZANG
Oct 23, 2020
Viewer Submitted Questions:
Ace 1 – What do you think about crypto as a safe Haven? 0:55
Leliu 5thElement - Do we have a Quantum Financial System in place for the GCR? 2:35
White Stone - I’d like to know Lynette’s opinion on Ripple? There are many articles about it becoming bigger as a tech vehicle or international money transfers? 3:03
Marat Azatian – What do you think might be better to sell first, gold or silver? What might be more difficult to buy back when the price goes down? Is silver only for barterability? Or payback loan too? 3:51
Skoda La Skoda - How does the economy pick up without more lending... paying down debt removes money suppler? 8:36
Linda Adrid - How do you get gold, silver, crypto into the system once we are all digital? 11:02
Bob Lazar – How will you use XRP? 12:44
David Hunter: 1970s Style Inflation Will Set Gold on Fire
Oct 23, 2020
Tom welcomes back experienced investment professional David Hunter of Contrarian Macro Advisors. David discusses the origins of the current secular bull market and how we are now nearing the end stages.
Markets move from excess to excess, and in the last stages, they can go parabolic.
He expects a deflationary bust and a new debt liquidation cycle to begin in the first half of 2021. The economy needs a stimulus package, and the soon to be announced GDP numbers will likely show an unprecedented annualized 30% decline.
Congress doesn't share the same level of urgency as many Americans who no longer have jobs. Parts of the economy, like housing and technology, are doing well, but other sectors like the hospitality industry, have been hit hard.
The damage to many small businesses has been massive and unprecedented. David uses the term "bust" to differentiate from a recession or depression.
What is coming will be more dramatic than 2008-2009 but won't be drawn out like a recession.
US Banks are reasonably healthy, but European, Asian, and Canadian banks will be more affected. The coming deflationary downturn will be widespread and catch most people by surprise.
Prices will be hit across the board, but the declines won't be long-lasting due to the amount of injected liquidity. He expects the Fed's balance sheet to balloon above twenty trillion by the end of next year.
The government's initial reaction will likely be too slow, and it will take a couple of years to get back to positive inflation. Inflation will begin to take off around 2025 to 2026 when the economy overheats due to the excess money creation.
We will then enter a period worse than the 1970s as double-digit inflation kicks in, which will take most people by surprise.
He discusses the outlook for the housing markets and mortgage rates over the next couple of years, along with some targets for oil, gold, silver, GDX, GDXJ, SIL, and SILJ. For the remainder of the year, the dollar will remain under pressure, but next year there will likely be a flight to safety, which will bid the dollar higher, possibly much higher.