Went to the website and sat thru 5 minutes of it could not take it anymore.

Is it some kinda scam or fear mongering?

Please dont watch this video. What a waste of 1 hour. To sum it up Hyperinflation - buy gold.

It's and hour!!!!Rather go to the dentist and get a few teeth pulled.

Wish i bought some gold back in 2002

Many of you are too young to remember the "end of america as we know it" during the Carter administration. Carter repeatedly told us we would be cold in the winter, not eat as we were accustomed to, and America was finished as we knew it. We survived that and we can survive this.

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"Stansberry & Associates Investment Research (and affiliated companies), employees, and agents must wait 24 hours after an initial trade recommendation is published on the Internet, or 72 hours after a direct mail publication is sent, before acting on that recommendation. Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202"

 

It is a fancy infomercial by a broker selling gold.

The commerical said the guy predictected other stuff that happend in history i don't know who this guy is?

the "event" this guy is talking about ( the one he uses in his ads to get you to listen) is the dropping of the US dollar as the worlds reserve currency. and he believes that will lead to hyperinflation and then "the end of america".

I did see part of it where he said every other country buys oil in us dollars. How can that be? If it's true.

Except, China and Russia do NOT use the dollar anymore when dealing with each other. Do you see the writing on the wall. GOLD, GUNS and AMMO. Will be the future wealth!! JMHO!

I did see part of it where he said every other country buys oil in us dollars. How can that be? If it's true.

 

Because we're in bed with the Saudis and they require their oil be purchased with dollars. Since everyone else is an also-ran when it comes to oil, they had to follow suit.

 

This makes dollars something people buy so they can buy oil. Imagine if foreigners stopped wanting to buy dollars on the FX markets because the Saudis would accept any ole currency. The dollar would instantly lose value.

 

It's all smoke and mirrors right now. Pretty soon only the fed and a smattering of buyers will buy treasuries then rate will climb and the whole shittery falls down.

Because we're in bed with the Saudis and they require their oil be purchased with dollars. Since everyone else is an also-ran when it comes to oil, they had to follow suit.

 

This makes dollars something people buy so they can buy oil. Imagine if foreigners stopped wanting to buy dollars on the FX markets because the Saudis would accept any ole currency. The dollar would instantly lose value.

 

It's all smoke and mirrors right now. Pretty soon only the fed and a smattering of buyers will buy treasuries then rate will climb and the whole shittery falls down.

So that is true then.

I better stay out west there's more animals to eat if we collapse.

Oil trades on the futures market in USD... just like gold.