4.8 • 758 Ratings
🗓️ 10 February 2025
⏱️ 32 minutes
🧾️ Download transcript
Wow we are heading into the Fourth Turning very fast now! The markets straining, debt's in the stratosphere - and mad stuff is happening to Gold. We explain it all here :-) Note: PureGold Company UK is the only place to go for physical Gold/Silver etc. - they'll look after you via this link: https://thepuregoldcompany.co.uk/ivor-cummins/
Mark's lovely Irish coins here: https://www.taracoins.com/
The mentioned Mike Maloney video - a full education in itself: https://www.youtube.com/watch?v=6Rsk-3n_AXc
Click on a timestamp to play from that location
0:00.0 | What is money indeed? Well, today's session is going to be 35 or 40 minutes on what you need to |
0:06.3 | crucially know about macroeconomics, finances, investment and all the rest. This is not investment |
0:12.4 | advice, but there you go. So I've got Marco Bern here today, a pal of mine in Ireland. He was |
0:18.0 | founder of Goldcore, Bullion Company, though he's now moved on, so he has no |
0:22.9 | conflicts of interest. And he's also set up Tara coins with some beautiful Irish merchandise. |
0:28.8 | But in any case, Mark, great to see you again. Great to see you, Ivor. Thanks for having me on. |
0:33.6 | Not at all. And we're going to talk kind of money and finances and all that stuff. We might start |
0:38.8 | off with the kind of lunacy of what's going in the, or going around at the moment in the world of |
0:44.0 | macroeconomics and finance in general. Yeah, it's, it is lunacy and it's hard to keep up to lunacy. |
0:50.4 | Hour by hour, it's just, it's, I mean, I've been in the markets for 20 years. I found a |
0:56.3 | Gold Court 2003 and I used to do a daily market update every single day for nearly 17, 18 years, |
1:02.6 | you know, and there was a lot of crazy times over the years. You imagine 2008, 2008, 2009, 10, |
1:07.0 | 11, a lot of crazy things. But in recent days, wow, it seems to be, it's escalated the |
1:12.2 | crazy that it doesn't go that way. And the risk is huge. And we don't seem to be focusing on |
1:16.2 | the risk that's there, you know, people seem to think that, you know, keep calm, carry on, |
1:21.0 | keep putting your money into the stock market, the bond market. And all these financial risks |
1:25.3 | are being completely ignored. They're not being covered in the media, which is unbelievable. |
1:29.0 | And that the monetary risk, that that's the real risk, because we all, we focus on finance and economics, |
1:35.1 | we don't realize and look at the money side of it and the monetary side of it. |
1:39.6 | And what is money? |
1:41.0 | Because ultimately all these assets that we own are pensions and investments are denominated in what are called fee of currencies, euros, dollars, pounds. |
1:48.9 | And they are at risk now. |
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