"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 Three Videos – September 9, 2023

Doug Casey's Take: How the World Looks in Five Years and What To Do About It Now

Doug Casey’s Take

Quick Summary Bullets:

Government and Economic Concerns

  • “The US government is our enemy.”
  • Jeff Thomas’s article on the prospects of gold confiscation provides tight, logical, and realistic reasoning, suggesting that it could happen again.
  • If all you have is a brokerage account, it’s important to be concerned about the potential impact of a financial crisis and consider diversifying into real assets like agricultural property and precious metals.
  • Banks in the US have unrealized losses of $568 billion on their balance sheets, which puts most banks at risk and could have systemic consequences for everyone.
  • “The state is the problem and getting red people there as opposed to blue people does not solve the problem which is the state itself and that way of organizing or controlling all your fellow men.”
  • “These people that say that they love the average guy. They actually hate the average guy and don’t listen to what they say watch what they do and things like this.”
  • The America we used to know and love is being permanently washed away and changed before our very eyes.
  • “I bought this Farm in Uruguay. So I sold stocks to buy that so I I moved things into other productive assets.”
  • Hearing contrarian ideas from leaders like Victor Orban can be refreshing and offer a different viewpoint.

Personal Fulfillment and Purpose

  • Changing the basic morality and ethical system of every individual is crucial for meaningful progress, regardless of economic improvements.
  • Having kids gives you a purpose for the future and is a courageous bet on optimism in a world where elites want to depopulate or destroy lives.
  • Doing meaningful things in life, such as having children, can bring greater meaning and fulfillment.

Technological Impact on Society

  • Moving towards a technocracy where experts govern our lives may lead to people becoming more isolated from the physical world and reliant on screens and technology.
  • In 50 years, assuming we don’t have a global thermonuclear war, we may have passed the singularity and entered a realm of unimaginable positive changes.

Transcript Summary:

  • 00:00 In five years, the world will become real, as the speaker discusses the use of the word “we” in reference to the US government, the potential rise of technocracy, and the preference for holding onto Bitcoin rather than using it as a currency.
    • Casey is asked why they use the word “we” when referring to actions of the US government, and they explain that it is a matter of language and clarity.
    • He discusses the use of the word “we” as a rhetorical device to create a sense of unity, but acknowledges that it is mental sloppiness and that the US government is actually the enemy.
    • Casey discusses the issue of using the word “we” and gives an example from a Lone Ranger movie to illustrate the point.
    • He discuss their use of cryptocurrencies, with one preferring to hold onto Bitcoin rather than use it as a currency, and they also mention the possibility of technocracy resulting from the dialectic between capitalism and communism.
    • Technocracy, defined as being governed by experts, is being implemented now and although it may be necessary due to our reliance on technology, it is not preferred as it isolates people from the physical world and may be associated with a high-tech digital Gulag.
    • In five years, the speaker believes that the world will become real.
  • 08:19 Millions of migrants in the U.S. are causing chaos and will face more challenges in the future, while the next five years will be difficult with economic reckoning and the likelihood of war, so it’s important to prepare by positioning yourself in a place where you can endure the difficulties ahead, keeping money in securities, owning gold and silver coins, and having real assets outside of the financial system.
    • Millions of migrants in the U.S. without homes, skills, or language are causing chaos and will face even more challenges when winter comes.
    • The next five years are going to be gruesome with international flights locked down, and there may be a positive outcome 50 years from now, but the immediate future looks very difficult with an economic reckoning and the likelihood of war.
    • Prepare for an uncertain and chaotic future by positioning yourself in a place where you can endure the difficulties ahead, as there may be a risk of brokerage firm failures and the potential loss of securities and debts.
    • Keep large amounts of money in securities instead of dollars, own gold and silver coins as they are less likely to be confiscated, and read Jeff Thomas’s article on the prospects of gold confiscation happening again.
    • If you have real assets outside of the financial system like agricultural property and precious metals, you should be less worried about the incoming economic crisis, but if all you have is a brokerage account, it would be wise to have multiple accounts in foreign countries in case the US is hit the worst, and it’s also advisable to have a lot of silver coins as they are unlikely to be confiscated compared to gold.
    • Banks are facing unrealized losses on their balance sheets, particularly from government bonds and mortgages, which could have systemic consequences if the banks fail.
  • 19:52 Individuals should prioritize themselves and their loved ones, address moral indoctrination, and focus on what they can control instead of engaging in political conflicts, as changing the system alone is not enough for success; a Libertarian Paradise is unlikely to exist.
    • Charity begins at home, so individuals should prioritize themselves and their loved ones, and while it is possible to change the system and turn the economy around with strong leadership, it is important to also address the moral indoctrination of young people to prevent societal decay in the long term.
    • Casey emphasizes the need to change the indoctrination of individuals’ thinking and beliefs in order to turn around the economy and improve society, as good policies alone are not enough for success.
    • Focus on what you can control in your own world instead of engaging in a futile battle of ideas and political conflicts, as the state itself is the problem and changing the political parties in power will not solve it.
    • Argentina is not on track to become a Libertarian Paradise, as populating an area with like-minded individuals does not guarantee a utopian society, and the speaker wants to leave the country.
    • A Libertarian Paradise is unlikely to exist as demonstrated by the failed free state project in New Hampshire, which may have become a target for rounding up Libertarians and enemies of the state.
  • 27:25 Land prices in Argentina are cheap, but it’s difficult to buy small plots; smart electric meters in the UK are causing potential consequences for exceeding electricity usage; those in power who claim to love the average person actually hate them; getting married and having children is a personal choice; having kids gives clarity and purpose; having multiple children increases chances of success.
    • Land prices in Argentina are very cheap, but it is difficult to buy small plots of land, as it is more common to buy larger plots and build a house, although it is possible to find bargains from American expats who have built high-quality properties and are looking to sell.
    • Casey discusses the implementation of smart electric meters in the UK, which allow for digital regulation of electricity usage and potential consequences for exceeding a certain amount, attributing it to the global warming hysteria and the strain on the electrical system caused by the promotion of electric cars.
    • Everything is organized for fewer people, with a smaller lifestyle and intentional restrictions, and those in power who claim to love the average person actually hate them, as evidenced by their anti-human actions, and perhaps the average person deserves the consequences for their compliance with these oppressive rules.
    • Casey discusses the idea of getting married and having children at a young age, but states that it depends on the individual’s desired path in life, and mentions their personal choice of having dogs and horses instead.
    • Having kids gives you clarity, purpose, and a vested interest in the future, making it a courageous and optimistic choice that could help steer the world back on track.
    • Having multiple children increases your chances of having at least one turn out well, despite the negative influences of the world.
  • 38:28 In the next five years, it is important to start a family at a younger age, but choose a life partner wisely and wait until you are mentally and financially established before having kids; North Korea is unlikely to become a free country or a good investment destination; there is no reliable evidence of UFO sightings and claims made by whistleblowers may be part of a conspiracy.
    • Starting a family at a younger age may have its challenges, but it can also provide opportunities for personal growth and experiences, and choosing a life partner wisely is more difficult at a younger age due to a focus on physical and superficial aspects.
    • Having kids should not be seen as an obstacle to building a remarkable life, as even if there are risks and challenges like divorce, it is still possible to make it work and find meaning in life through meaningful actions and having assets can provide motivation.
    • Casey discusses how personal ambitions and motivations are influenced by relationships and the desire to provide for others, but highlights the issue of societal corruption and the lack of responsibility in raising children.
    • Avoid getting married before the age of 30, but if you want to have kids, wait until you have established yourself mentally, financially, and in other ways, as the 25-year-old male is generally immature and lacks knowledge.
    • North Korea is unlikely to become a free country or a good investment destination in the next few years due to historical examples of divided societies like East and West Germany and Vietnam, suggesting that the values and characteristics ingrained over time are unlikely to change.
    • There is no personal evidence or reliable testimony of UFO sightings, and the speaker is skeptical of claims made by whistleblowers and believes they may be part of a conspiracy to create a common enemy for the American people.
  • 48:35 Casey discusses the importance of indentured servitude and the au pair program as a means of improving society, suggests taking action in response to permanent changes in America, and advises buying productive assets and participating in the market cautiously to mitigate risk.
    • Christianity’s role in the banning of slavery in Europe is unclear, but the speaker believes that there is nothing wrong with indentured servitude as a form of improving upon the current socialist society.
    • Indentured servitude, a practice that allowed people to finance their new life by working for a set period of time, still exists today in the form of the au pair program in the United States.
    • Having a system of au pairs would be a better way to bring in immigrants, as it allows for proper integration and responsibility, compared to the current system of allowing young males to come in and take over buildings.
    • Casey discusses the permanent changes happening in America and the need to take action, possibly by liquidating stocks and bonds, despite the possibility of a gradual process.
    • Buy productive assets like a farm in Uruguay and participate in the market cautiously to avoid being washed away by the tidal wave of risk.
  • 54:28 Freemasons are a mysterious group, the speaker discusses the difficulty of separating fact from fiction regarding conspiracies and the need for trustworthy sources of information, while also questioning the World Economic Forum’s corruption; the speaker shares their personal experience with an evil organization, and expresses mixed hopes for the future of Argentina.
    • Freemasons are a mysterious group with marvelous temples, and while some believe they conspire and have been around for centuries, the information available on them may be unreliable.
    • Most people in this example only engage with reading material for social reasons, but if you are ambitious and interested, you can gain a deeper understanding and potentially remove yourself from the group.
    • Casey discusses the difficulty of separating fact from fiction regarding conspiracies and the need for trustworthy sources of information, while also questioning whether the world economic forum is corrupted by globalists.
    • He believes that the person in question is genuine and not controlled by external forces, and also discusses the possibility of attending the WEF.
    • Casey discusses their personal experience with a previously unknown organization that was revealed to be evil and out of control, and expresses surprise at their previous lack of understanding about it.
    • He believes that the Argentine population is angry and wants change, but they are unsure of what the new leader will bring and have mixed hopes for the future.
  • 01:01:15 Malay’s populist revolt in Argentina is unlikely to succeed without physical force, Americans should listen to non-English speaking leaders like Victor Orban for a broader perspective.
    • Malay’s actions may be considered a populist revolt, but it is unlikely to succeed without physical force and overthrowing the current order, as history has shown that it is difficult to remove those in power once they have control of the state apparatus.
    • Casey discusses the upcoming events in Argentina and mentions that not many Americans are aware of the situation, but Tucker Carlson is interviewing someone there.
    • Americans should listen to leaders from outside the U.S. who don’t speak English to gain a broader perspective, such as Victor Orban’s interview with Tucker Carlson and the potential actions of Malay in Argentina.

Bill Holter: Complete Collapse & Meltdown - The Dollar Will be Destroyed

Palisades Gold Radio

Quick Summary Bullets:

  • “We live in a fantasy world. Now reality has been destroyed. This is the time that you really need to pay attention.”
  • “I think we have a complete collapse and meltdown directly in front of us.” – Bill Holter predicts a complete collapse of the financial system.
  • Owning physical metals and holding them yourself eliminates counterparty risk and provides proof of ownership, protecting against potential financial collapse.
  • “The reason you own gold is to get your serious wealth from here to the next system intact and still have capital.”
  • “The best way to protect your purchasing power is with gold and silver.”
  • “There’s going to be defaults all over the place and the only two monies that cannot default are gold and silver.”
  • Rather than defaulting on its debt, the U.S. is more likely to print whatever money is needed, even if it means destroying the dollar in the process.
  • “The Dollar Will be Destroyed”

Transcript Summary:

  • 00:00 Gold’s value is expected to increase significantly as interest rates cause the value of U.S. treasuries to decrease, leading to an affordability crisis in real estate despite higher prices.
    • Gold’s value is expected to increase significantly, making it a favorable investment in the current economic climate.
    • The increasing interest rates are causing the value of U.S. treasuries to decrease, which is shrinking the collateral and weakening the foundation of the financial system.
    • Interest rates have been gradually decreasing since 1982, but now that they have reached the levels of 2001-2002, it is causing an affordability crisis in real estate despite prices being more than double what they were back then.
  • 03:54 Higher interest rates are causing a collapse in banking and real estate, with four big banks already collapsing and a liquidity crisis looming, indicating an imminent crash in the equity markets.
    • Higher interest rates are causing a collapse and meltdown in the banking and real estate sectors, with commercial real estate prices already dropping significantly.
    • Four big banks collapsed, with their combined assets greater than the 2007-2009 financial crisis, leading to a liquidity crisis and impacting the real economy, indicating an imminent crash in the equity markets.
  • 07:14 Owning physical stocks and metals in certificate form and holding them yourself eliminates counterparty risk and ensures ownership in the event of a collapse or meltdown scenario.
    • To protect yourself during a time of risk, it is important to have stocks delivered to you in certificate form as holding them with a broker puts them on the broker’s balance sheet, and in a meltdown scenario, if the clearinghouses go down, you may lose your capital.
    • To ensure ownership of stocks in the event of a collapse, request physical certificates from your broker and transfer them to a transfer agent for a small fee.
    • Owning physical metals and holding them yourself eliminates counterparty risk and ensures ownership regardless of bankruptcies, similar to owning stocks in a company that doesn’t go bankrupt.
  • 10:20 Cash may temporarily rise in value during a collapse, but it will eventually lose its value as people realize it’s just paper, while silver is expected to outperform gold in the next system.
    • Cash will likely rise in value temporarily during a collapse scenario when access to credit cards and debit cards is lost, but at some point, it will lose its value as people realize it is just paper with printed numbers, while silver is considered more speculative and volatile compared to gold.
    • Silver should outperform gold in the next system based on the current ratio of 80 to 1, despite the fact that it comes out of the ground at a ratio of 10 to 1.
  • 12:45 Gold and silver are undervalued compared to fiat currencies, and as the global economy collapses, they will be revalued higher, potentially triggered by a failure to deliver on the COMEX, leading to a currency war and a high risk of escalation into a hot war due to the lack of physical metal to meet demand.
    • Silver has a storage problem and is undervalued compared to gold, but as fiat currencies are debased, gold and silver are a good way to protect purchasing power.
    • Gold and silver cannot go bankrupt, unlike every currency on the planet which will likely go bankrupt due to non-payment or overprinting, leading to defaults everywhere, making gold and silver the only two monies that cannot default.
    • Gold and silver will be revalued higher due to the end of their artificial suppression and the event that triggers this could be a failure to deliver or a decision by China and Russia.
    • There will be a failure to deliver on the COMEX, whether it’s caused by a default or a revaluation, and this will lead to gold and silver being valued more than dollars.
    • The risk of a currency war escalating into a hot war is high due to the lack of physical metal in the vaults to meet the high demand.
  • 18:54 The US’s lack of audited gold reserves, potential hot wars, and China’s large gold holdings may lead to the destruction of the dollar.
    • Hot wars between Russia and the United States, as well as the potential invasion of Taiwan by China, pose significant global risks, while gold is flowing towards China and Russia.
    • China has over 25,000 metric tons of gold compared to the US’s claimed 8,300 tons, which has not been audited since 1956, suggesting that the US’s gold reserves may not actually exist.
    • The US cannot remonetize its gold due to the high amount of debt, and instead, they may resort to nationalizing gold mines or printing more money, leading to the destruction of the dollar.
  • 23:26 The declining M2 money supply, rising interest rates, and decreasing velocity of the dollar could lead to a loss of faith in the currency and a shift away from the petrodollar system, causing a complete collapse and meltdown of the dollar.
    • M2 money supply has been declining for 18 months, which is unprecedented since the Great Depression, and this, along with rising interest rates, is a cause for concern.
    • The problem is that it’s requiring more money to make debt payments, and for the first time in 20-25 years, velocity is turning, which could lead to a Hot Potato moment where no one wants to hold dollars because they are losing faith in them and recognizing that they don’t buy as much tomorrow as they do today.
    • The petrodollar system, where oil was exclusively traded in dollars, is changing as countries like Saudi Arabia now accept other currencies, leading to the liquidation of dollar reserves by foreign sovereigns and a decrease in the percentage of global commodity contracts priced in dollars.

Rafi Farber: Is This the Dollar Rally That Triggers the Final Liquidity Crisis?

Arcadia Economics

Quick Summary Bullets:

  • The current dollar rally, breaking through the 50-week moving average for the first time since 2021, could potentially trigger the final liquidity crisis.
  • “I just think it’s very unlikely for this reason and here we can actually thank ETFs because in this case they’re pretty useful so why I’m not worried about gold confiscation.”
  • The decline in the total gold ounces held in paper gold ETFs since 2020 suggests a potential shift in investor sentiment towards gold.
  • “Be aware that when you buy ETFs, the monetary system crumbles and things get more volatile both up and down.”
  • “The purchasing power of the dollar is rising even as its value plummets because all other commodities are plummeting even faster.”
  • “When you start to raise interest rates, the first thing that happens is that the debtors…can no longer borrow so they stop borrowing and consume less because they can’t consume as much because they were borrowing to consume.”
  • Dollar rallies tend to be long events, taking several months for the rally to run its course.
  • A dollar rally in this environment, where there is a limited reserve tank and increased debt costs, could lead to a fire sale of assets and a positive feedback loop, ultimately resulting in a liquidity crisis.

Transcript Summary:

The key idea of the video is that a potential liquidity crisis may be triggered by a significant dollar rally, leading to a final financial crisis.

  • 00:00 Farber discusses significant developments in the silver market and the possibility of the current dollar rally triggering the final liquidity crisis.
    • He discusses the current state of the silver market and highlights that although the price action may be boring, there are still significant developments occurring.
    • He discusses why they are not worried about gold or silver confiscation by the government, the graphical perspective of silver as money compared to other commodities, the inflection point between higher interest rates and consumer prices, and the possibility of the current dollar rally being the final one before the end game.
  • 02:21 The completion of the performance test at the segela mine indicates successful construction and commissioning, with 21,716 ounces of gold produced, while gold confiscation is unlikely due to the presence of ETFs.
    • The completion of the performance test at the segela mine signifies the successful construction and commissioning phase, with the mine producing a total of 21,716 ounces of gold.
    • Gold confiscation is unlikely to happen again because ETFs make it less likely.
  • 04:13 The government has the power to easily confiscate gold from paper gold ETFs, equivalent to half of the gold in Fort Knox, with a snap of fingers or an executive order, just like Roosevelt did in the 1930s.
    • The total amount of gold held in paper gold ETFs is 123.678 million ounces, equivalent to 3847 tons, which is about half of the gold in Fort Knox, and the government can easily confiscate the ETFs with a snap of fingers or an executive order.
    • The government has the power to take gold from ETFs, just like Roosevelt did in the 1930s, but back then there were no ETFs, so they had to rely on voluntary contributions.
  • 05:54 The government is unlikely to confiscate gold and silver during a monetary crisis due to the difficulty of obtaining enough gold from people’s safes, and the value of silver has been increasing relative to other commodities as the monetary system crumbles.
    • The government is unlikely to confiscate gold and silver during a monetary crisis because the ratio of silver to gold in ETFs is about 11 to 1, and even if it were to increase to 15 to 1, the government would only be able to double its gold supply, making it difficult to confiscate from people’s safes during a hyperinflationary crisis.
    • The value of silver relative to other commodities has generally trended higher since 1990, with increased volatility as the monetary system crumbles.
  • 08:25 Despite a deflationary period in 2020, the value of silver spiked while the dollar also rose due to a liquidity crunch, resulting in increased purchasing power for the dollar; gold is stable, silver maintains purchasing power regardless of its dollar price, and higher interest rates lead to rising consumer prices according to the Fed’s beige book.
    • During a deflationary period in 2020, the value of silver spiked to an all-time high relative to other commodities, but the value of the dollar was also rising due to a liquidity crunch, resulting in the purchasing power of the dollar increasing even as its value decreased.
    • Gold is the most stable, but even in a hyper deflationary environment, silver will maintain its purchasing power regardless of its dollar price, and higher interest rates eventually cause consumer prices to rise, according to the Fed’s beige book.
  • 10:19 Higher interest rates initially cause prices to rise less or even fall, but eventually lead to weaker companies going out of business, reduced production, and an increase in prices due to decreased supply.
    • When interest rates are raised, consumers borrow less and demand falls, causing prices to rise less or even fall initially, but eventually higher interest rates affect producers who are unable to pass on their costs to consumers.
    • Weaker companies go out of business and others reduce production, leading to a decrease in supply and an increase in prices.
  • 12:15 The economy cannot handle high interest rates for much longer, and there may be another financial crisis before the dollar reaches its final value, as shown by the rare phenomenon of the dollar index crossing the 50-week moving average since 2005.
  • 13:33 A potential liquidity crisis may be triggered by a significant dollar rally due to excessive money printing, leading to companies selling assets to raise dollars, and this could be the final rally before the end game.
    • Every time the dollar breaks through the 50-week moving average, there is a significant rally, indicating that we may be at the beginning of a significant dollar rally and a potential liquidity crunch.
    • Excessive money printing has created a surplus of dollars that banks and debtors can use to pay off debt, but once this reserve runs out and interest rates rise, companies will have to sell assets to raise dollars, leading to a liquidity crisis and a dollar rally.
    • This could potentially be the final dollar rally before the end game, and the speaker encourages viewers to sign up for a free trial of the end game investor or join their Patreon for more in-depth discussions on the current state of the world.

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.