If This Happens, It’s Over!
Peak Prosperity
Chris Martenson
4.7 • 591 Ratings
🗓️ 26 December 2024
⏱️ 61 minutes
🧾️ Download transcript
Summary
Chris and David discuss gold and silver markets, central bank gold purchases, market liquidity, a “silent financial crisis,” inflation, geopolitical tensions, and predictions for future economic conditions, including potential interest rate changes and asset market volatility.
Transcript
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| 0:00.0 | Nothing in this program should be considered investment advice. |
| 0:03.2 | It is for educational purposes only. |
| 0:05.3 | Please hit pause and read this disclaimer in full. |
| 0:10.5 | None of this is happening in a vacuum. |
| 0:13.3 | If we look against the backdrop that there is, there's the geopolitical tension, there is |
| 0:17.4 | the de-dolarization, there's the bricks, social unrest, there is the polarization |
| 0:23.2 | of politics, particularly in the US that we've seen. There is a lot of uncertainty here. |
| 0:30.0 | Looking against that backdrop, we're not looking at these things in a vacuum. We're on a very |
| 0:34.8 | precarious position at this moment in time. |
| 0:42.4 | The following is the audio version of a video released at peak prosperity.com. |
| 0:48.2 | Visit peakprosperity.com to watch the video and to find other insightful content, such as articles, discussion forums, and exclusive subscriber-only content. |
| 1:00.9 | Thank you. forums and exclusive subscriber only content. Hello, everyone. |
| 1:01.9 | Welcome to this edition of Finance You. |
| 1:03.7 | We are going to be again talking about all things related to markets, macro, gold, gold |
| 1:09.3 | and silver with David Russell of Goldcore. David, so good to see you again. |
| 1:13.8 | Thanks for having me back on, Chris. It was good to chat with you. Well, here we are. We're coming |
| 1:18.1 | into the holiday season, obviously a lot of cheer and merriment going on. You just went to an |
| 1:24.4 | LBMA dinner, I understand. I'm just, I'm curious. From your perspective, what's going on in the gold and silver markets right now, sort of like wholesale, retail, what's the word on the street? Sure, sure. I suppose, let's talk about it from a kind of wholesale perspective anyway. We're seeing, and you know, you can look at the price and the price tells the story since the |
| 1:44.3 | election the prices you know we've seen gold sell off that's moved fairly much |
| 1:48.5 | it's moved fairly much sideways there's still the beginning of this rally was very much |
| 1:53.8 | a central bank led rally and if you go back to it was it was primarily Asian |
| 1:59.9 | central banks Asian agencies that were that |
... |
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