Mark O'Byrne, Max Keiser, SRU and Jim Willie Tuesday 8-18-2020

Mark O'Byrne: Skyrocketing Physical Demand and Currency Reset Looming

Aug 18, 2020

Mark discusses what a currency reset would look like today and why it will be a messy process. It would likely be a global event involving most fiat currencies and would occur along with bank holidays.

It could include fixing the price of gold at a specific price.

https://www.youtube.com/watch?v=rqqjOd0w9d4

Keiser Report | Free Money Drives Hard Money Higher | Summer Solutions | E1581

Aug 18, 2020

In this episode of Keiser Report’s annual Summer Solutions series, Max and Stacy chat to hard money advocate, Alasdair Macleod of GoldMoney.com, about the headline-grabbing moves in gold prices.

Goldman Sachs says that soaring gold prices are, indeed, signalling that the US dollar’s days as world reserve currency may be coming to an end.

And, while they spoke before it was announced that Warren Buffett has gone long gold miner, Barrick Gold, they discuss the shift of psychology around gold from the big investors and central banks as central banks go on a ‘free money’ printing spree as even the Economist magazine notes.

 Finally, they review the building trade and geopolitical tensions between the rising power, China, and the perhaps declining one, the USA, and whether or not this will drive gold higher and fiat lower as the world order disintegrates.

https://youtu.be/EgANf7V90Fo?t=4

Silver Report Uncut

People Are Dumping Houses On The Market In The Mass Exodus From Cities, New California Wealth Tax

Aug 17, 2020

People have begun dumping houses on the market that's the only way to describe it because there are not enough buyers coming in to meet the swelling Supply.

San Francisco is one of those markets it has been one of the hottest housing markets in the US in recent years however people are in such a rush to leave the city proper the inventory has jumped by 96% year-on-year wow new pending home sales have increased by 1.7%.

Another troubling sign is that in major cities all across the nation supply of urban homes is elevated compared to supply of suburban homes and the rate at which people are searching for suburban homes has not decreased even though some would suggest the crisis is over.

Now there's also been a lot of assistance programs that have helped support the housing market recently his help to hold off some of the foreclosures and significant events that will crush the banking system but those programs are coming to an end.

Many real estate analysts believed that the darkest days are ahead and that home prices could take a significant hit if this trend continues or accelerates.

Now there's also a new proposed wealth tax for California they wants to tax people who make a certain amount Millionaires and billionaires and it's going to be proactive so if people have moved out of the state of California in the past 10 years they're still going to have their wealth taxed and it covers just about every asset a person may own

The interesting thing is that this is not the only wealth tax that is likely to pass there was another one that was submitted in June.

They tried to submit a similar bill in New York but the governor said he was concerned about a mass Exodus of high-net-worth individuals from the cities the thing I think they're forgetting is it this is the most highly mobile people on the planet and maybe some of the reason we're seeing the damage to the San Francisco housing market which is one of the most expensive markets in the nation.

https://youtu.be/4yBuVazR_9U?t=1

JIM WILLIE | We Live In An Era Of Maximum Deceit, Maximum Debt, And Maximum Corruption.

Aug 12, 2020

https://www.youtube.com/watch?v=r_FDcoOnwPM