"We Track the Financial Collapse For You, so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

This field is for validation purposes and should be left unchanged.

Safeguard your financial future. Get our crucial, daily updates.

"We Track the Financial Collapse For You,
so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

This field is for validation purposes and should be left unchanged.

Top Ten Videos – June 3, 2024

► Searching for the best deals in Gold and Silver?

Email in**@***********in.com or Call 952-929-7006 to Contact Miles Franklin.

Mention “DollarCollapse.com” for Preferred Pricing.

Alasdair Macleod: Crisis For Bullion Banks Amid Surging Metal Prices (May 30, 2024)

Liberty and Finance...

Summary

 

Bullion banks are facing a potential crisis due to a shortage of physical gold and silver, driven by surging metal prices, increasing demand, and potential shifts in global economic and political policies.

 

  • The rising silver price is accompanied by dwindling physical silver on major exchanges, potentially reaching a crisis point of available physical silver.
  • The surge in demand for gold and silver is causing a crisis for bullion banks as they struggle to cover their short positions.
  • Alasdair Macleod predicts a dramatic response in the price of silver due to physical drawdown and depletion, potentially leading to a force majeure situation on the silver contract.
  • Alasdair Macleod highlights the consequences of the budget deficit and how it undermines the purchasing power of the dollar, concealing the true state of the economy.
  • The political class refuses to act until they have their backs against the wall, leading to a crisis-first solution-second approach.
  • “Money is there to secure the value of credit, and if you detach credit from money then it starts losing value.”
  • The dollar has lost over 98 and a half% of its purchasing power in 50 years measured in Gold.
  • The first sign of trouble could be not too far away if gold and silver prices continue to rise and start to destabilize the bullion banking system.

Jonathan Newman: Would Ending the Fed Cause a Depression? (June 1, 2024)

Human Action Podcast...

Summary

 

Abolishing the Federal Reserve and implementing a new monetary system, such as tying the dollar to the average market price of gold, could potentially lead to a stronger economy and better capital accumulation in the long run.

 

  • The dollar would almost instantly fall from the top of the world’s preferred currencies if the Federal Reserve was abolished without a replacement.
  • The central bank’s ability to inflate to bail out the government is rationalized and justified, but criticized when the Fed does it.
  • The CPI over the 20th century shows steady price inflation after the FED was founded, but it skyrocketed after the FED was unleashed from gold in 1971.
  • The central bank as a lender of Last Resort exacerbates the boom-bust cycle, making banks more aggressive and leading to more unsustainable booms and harder crashes.
  • Rothbard’s idea of abolishing the Federal Reserve and liquidating its assets for the privatization of the monetary system is a thought-provoking concept.
  • The idea of locking in the average market price of gold in dollars could have a major impact on the stability of the currency.
  • Removing the Fed could result in a stronger economy and better capital accumulation, outweighing any short-term adjustments.
  • The unsustainable boom fueled by the fed could lead to a big recession, creating a classic boom-bust cycle.
 

Jim Grant: Inflation & Interest Rates More Likely To Rise Than Fall In Coming Years (June 2, 2024)

Thoughtful Money...

Summary

 

Jim Grant believes that inflation and interest rates are more likely to rise than fall in the coming years, marking the end of a 40-year declining interest rate environment and posing potential risks to the banking system.

 

Economic Outlook and Trends

 
  • “I think we are in a time of persistent inflation and the risks to inflation and interest rates are to the upside rather than the opposite.”
  • Jim Grant believes that inflation and interest rates are more likely to rise than fall in the coming years.
  • Jim Grant believes that we are in a time of persistent inflation and the risks to inflation and interest rates are of the upside rather than the opposite.
  • The theme of higher interest rates for much longer is likely to be the unfall of viable over the course of many decades.
  • Jim Grant suggests that there may be a cyclical nature to interest rates and inflation, contrary to the quantitative fixation of many economists.
  • Rising interest rates are a fundamental explanation for the cycle of perspective.
  • The history of the 1946 to 1981 bond market shows 35 years of persistently rising rates and falling bond prices.
  • Jim Grant believes that there will be a moment when the labor market will begin cascading to the downside, leading to an increase in the number of unemployed.
  • Inflation & Interest Rates More Likely To Rise Than Fall In Coming Years
  • Long-term trends suggest that interest rates will be higher, marking the end of a 40-year declining interest rate environment.
     

Impact on Banking System

 
  • Jim Grant believes that we are setting up for higher inflation and disappointment from people expecting relief from lower rates, which will test a banking system that is very low on a margin of safety.
  • Rising interest rates and overexposure to commercial real estate could lead to trouble in the banking system, especially for smaller and mid-sized banks.
  • The higher interest rate environment makes banks more vulnerable due to the weight of these higher interest rates with their impaired assets.
     

Investment Strategies and Asset Performance

 
  • “I think that gold is going to do better in a time of warranted doubts spreading and warranted doubts about the judgment and the methods of modern Central Banking and the currencies that the central Bankers produce in such profusion.”

Peter Krauth: Pro Tips On Stacking Silver And Investing In Silver Stocks As They Break Out (May 30, 2024)

The KE Report...

Summary

 

Silver has broken out and is expected to rise, with potential for significant gains in silver stocks and a new floor at $30, leading to increased interest and potential mergers and acquisitions in the sector.

 

Silver Market Analysis and Price Predictions

 
  • “We finally have a breakout in silver, this is really big news because silver has tested the 28 to $30 range three times.”
  • “I think that now that we’ve across this level we can hold above 30. 30 will absolutely become a new floor in my view.”
  • Silver is catching up to gold in the Precious Metals bull market, driven by industrial demand and potential short squeeze.
  • The industrial side of silver encompasses medical, industrial, electronics, and electrical applications, as well as the booming solar industry.
  • “I’m not convinced I think that we are in some kind of a new paradigm where the holders of that silver understand the value of it understand how dramatically undervalued that it is.”
  • There is not a lot of pricing resistance between $30 and $50, indicating a potential breakout in silver prices.
  • “It’s like trying to push the contents of Hoover Dam through a garden hose.” – Doug Casey on the potential FOMO effect in the silver equities sector.
     

Investment Strategies and Opportunities in Silver Stocks

 
  • Silver juniors still have a lot of opportunity and are attractively priced, making it a good time to invest.
  • “I’m prepared to buy X number of say Juniors for example. What dollar amount you would put in and by the way Juniors I would not go less than at least probably five different names because they’re so volatile.”
  • Developers are the most obvious targets for M&A in the silver space because they are lower on the risk spectrum and are advancing their projects, making them more attractive to larger producers.

Doug Casey: We Can See It. Can You? The End of America is Near. (May. 31, 2024)

Doug Casey's Take...

Summary

 

The current geopolitical situation, including the NATO declaration and the possibility of a draft, is leading to increased concerns about the potential for World War III.

 

  • “You can’t believe your own eyes certainly because it’s contradicted by everything that you see on television and read about in the news.”
  • “I remember you saying at the beginning of the year. You predicted that 2024 would be the worst year in living memory… I think we’re well on our way.”
  • The declaration issued by NATO standing with Ukraine until Victory is damn close to a declaration of war.
  • The possibility of a draft and World War III is becoming increasingly likely, and it’s time to start seriously considering it.
 

How Depression Facilitates Self-Transformation (June 1, 2024)

Academy of Ideas...

Summary

 

Depression can serve as a catalyst for self-transformation and inner growth, leading to valuable insights and resilience.

 

  • “Hidden in the darkness of depression is a psychological treasure which can facilitate self-transformation.”
  • Depression serves as a catalyst for inner transformation during transitionary periods in life, preparing us for the next stage.
  • The disappearance of meaningful rites of passage in modern society may be leading to the generation of depression as a way for the psyche of young males to initiate the transition to manhood.
  • The unconscious holds valuable elements that, if discovered and integrated, have the potential to renew and transform our lives.
  • Carl Jung believed that voluntarily descending into the dark depths of depression can lead to personal growth and transformation.
  • Instead of anesthetizing his suffering, Tolstoy faced “the jabbing questions” of life’s purpose, leading to a profound self-transformation.
  • Depression can lead to internal change and resilience, as Carl Jung stated: “Only when we bear our situation and accept our depression will it be possible for us to change internally.”
  • Surviving depression has made me less afraid of life, and more courageous, not because the world has changed, but because I have changed.

 

Chen Lin: Silver to Hit $50 in June, China Driving the Surge (May 30, 2024)

Kitco News...

Summary

 

China’s dominance in precious metals buying, particularly silver, is driving a surge in the silver market, with predictions of silver prices reaching $50 by June.

 

  • China continues to dominate precious metals buying, driving the surge in the silver market.
  • Chen Lin predicts a rapid surge in silver prices, reaching $50 by June.
  • “I see potentially if investor see what I see a huge squeeze on Silver coming first stop is 50 but I believe long-term silver price probably support 30 to $50 somewhere.”
  • The demand for silver is skyrocketing due to the increasing use of solar panels, potentially driving the price to $50 in June.
  • The underutilization of the solar panel industry, with less than % utilization, could lead to a potential 500 million deficit next year.
  • The diverging path between the US and China is leading to a surge in silver prices driven by Chinese buyers.
  • Chen Lin has a big portfolio on gold and silver, with a focus on K Rosco’s great bear feasibility in the second half of the year.
  • Silver is expected to hit $50 in June, driven by China’s surge in demand.
 

Jim Rickards: The Real Danger is Not U.S. Treasuries Collapsing but Something Far Worse (May. 30, 2024)

ITM Trading...

Summary

 

The global financial system is at risk of catastrophic consequences due to the potential collapse of U.S. Treasuries and the lack of understanding and foresight of U.S. officials.

 

  • The real danger is not U.S. Treasuries collapsing, but something far worse.
  • Jim Rickards predicts gold heading towards $27,000, based on deep research and analysis.
  • If people lose confidence in the US dollar, they’re not going to run to other currencies, as they are all part of a global US dollar system.
  • The proposal to issue a $50 billion bond backed by Russian assets is just a backdoor way of stealing the assets.
  • Putin could retaliate by expropriating Western oil and energy assets in Russia if the US steals Russian treasuries.
  • U.S. officials’ lack of understanding and foresight could lead to catastrophic consequences in the global financial system.
  • Trump’s model is to end the currency war, similar to what Ronald Reagan and James Baker did at the Plaza Accord in 1985 and the Louvre Accord in 1987.
  • Countries may have to turn to gold as their only choice once they move away from government securities.

 

Egon Von Greyerz & Matthew Piepenburg: Navigating Economic Cycles: Gold & Silver's Role in the Chaos Ahead (May 28, 2024)

VRIC Media...

Summary

 

The collapse of the US dollar and the global monetary system is inevitable due to mismanagement of debt policies and reliance on a devalued currency, and investors need to prepare for it by protecting against the collapse and considering alternative wealth preservation assets like gold and silver.

 

Economic Collapse Predictions and Consequences

 
  • “The inevitable collapse of the currency is on the horizon like all currencies in history.”
  • Forecasting the date when the dollar is going to die serves no purpose, but investors need to prepare for it and protect against the inevitable collapse.
  • Predicting the collapse of currencies is unnecessary because it is happening in real time, and the purchasing power of major currencies has been objectively and empirically declining since the gold standard was removed.
  • The mismanagement of debt policies and the reliance on an indebted IOU and devalued US dollar is driving key buyers like China and Russia to move away from the dollar.
  • High interest rates and debt are a recipe for disaster, leading to a disorderly and chaotic economic reset.
  • Governments will lose control, countries will break up, and there will be a debt collapse leading to a collapse of the entire monetary system.
  • The inevitability of cbdc is the inevitability of desperation, masking failure with euphemisms and clever uses of capitalized letters to hide what is really a massive problem.
  • Debasement of currency follows in the wake of a debt-soaked Nation Empire regime that’s over its skis and dead absolutely incapable of taking accountability for their own sins.
  • “Truly objective open debate with math and facts and history as opposed to politics, propaganda, and excuses is all combining right now.”
  • The endgame of centralization is playing out right now, and many people don’t understand it because they lack knowledge of history and markets.
  • Dr. Charles Nenner claims that events of the world unfold through cycles that are almost a force of nature, impacting the stock market and political events.
  • History doesn’t come to an end, it cycles, and it always cycles with people over their skis using debt to stay in power selfishly at the expense of the masses.
     

Role of Gold and Silver in Economic Chaos

 
  • Gold and silver should be seen as a wealth preservation asset, not just for speculation or chasing narrow tops.

JP Sears: Exclusive Interview with Robert De Niro! (June 1, 2024)

Awaken with JP...

Summary

 
 

Robert De Niro warns about the potential loss of freedoms if Trump returns to the White House and supports the idea of stopping the current election to prevent this from happening.

 

  • Robert De Niro warns about the potential loss of freedoms if Trump returns to the White House.
  • De Niro supports the idea of stopping the current election to save future elections by preventing Trump from returning to the White House.

Contact Us

Send Us Your Video Links

Send us a message.
We value your feedback,
questions and advice.



Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.

This field is for validation purposes and should be left unchanged.