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Videos on Precious Metals

Video log

(YouTube) Overdose: The Next Financial Crisis. Published July, 2010. Duration: 46:22. Dated, but still very relevant. Other videos from same poster here: Journeyman on Demand.

(YouTube) US Debt Crisis Global Economic Collapse. Published 8/10/2011. Old, but still accurate. Uncle Sam gets $2.2T in taxes but spends $3.8T. The difference is made up through debt (called bonds).

(Bloomberg) David Stockman on U.S. Fiscal Policy, Deficit Talks. Posted 12/19/2012. Also comments on Japan's collapsing bond market near the end of the interview.

(YouTube) Prison labor booms in US as low-cost inmates bring billions. Posted 12/9/2012. US breeds a Chinese-style inmate labor scheme on its own soil. Both state and some of the biggest private companies are now enjoying the fruits of a cheap and readily available work force, with tens of millions. See, for example, unicor.gov

(YouTube) How Raising Taxes Will Not Balance the Budget: More Evidence. Posted 11/15/2012. Although it may seem counterintuitive, raising taxes on the rich does not actually increase the amount of taxes the government collects. In the six+ decades since the end of World War II, tax rates in the US have been all over the board. Yet during this time, the US government has only managed to collect roughly 17.7% of GDP in tax revenue. See also: Guess What They Are Not Cutting In The Fiscal Cliff.

(YouTube) Ron Paul: Secession Is an American Principle. Posted 11/13/2012. Pledge of Allegiance was written in 1892 by a socialist.

(YouTube) Is a college degree worth the cost? You decide. Posted 11/13/2012. Graduates with degrees in mathematics, robotics, neuroscience, engineering, accounting, business administration, economics, biology, communications, graphic design, marketing, and linguistics. All working at a night club to make ends meet.

(YouTube) Dont Talk to Police. Posted 6/21/2008.

(YouTube) What Can We Cut to Balance the Budget. Posted 10/16/2012. Excellent video (2:22 seconds) describing the 2011 Federal Budget and the dilemma.

(YouTube) Frank Giustra Speaking at the Canaccord Resource Conference. Posted 10/20/2012. Giustra is a billionaire.

(YouTube) James Turk: 'Everyone should have a precious metals portfolio'. Posted 10/3/2012. Discusses the gold/money index and over $10,000 gold price to reach an overvaluation for gold. Notes that the gold/petroleum ratio has essentially remained constant over the years.

(YouTube) Cut & Bleeding: Austerity-bitten Spain stands up in fury. Posted 10/1/2012. Mass demonstrations in Madrid turned to violence earlier this week, as police were forced to fire rubber bullets to calm the fury of the public.

(YouTube) The Fuse Is Lit, Pt II: Asian Ascendance. Posted 10/1/2012. Excellent analysis if China's economy and predicaments relative to the United States. See also the first video: The Fuse is Lit: European Perils.

(YouTube) A word to rioting Muslims. Posted 9/20/2012.

(YouTube) The Truth About Dishonesty. Posted 9/14/2012.

(CNBC) Dalio On Gold: Buffett Is Making A Big Mistake. Posted 9/20/2012. CNBC interview. Dalio runs the biggest hedge fund in the world. Discusses future social unrest and belief in gold.

(RT.com) Keiser Report - with Jim Rickards. Posted 9/20/2012. Rickards summarizes the current state of affairs with QE to infinity, the euro and the gold standard. Very informative. Rickards predicts $7,000 gold at some point. See Dollar Reaches “Pre-Avalanche Moment”; Gold $7,000, Jim Rickards

(YouTube) US arms sales spike to record levels, Gulf leading buyer. Posted 9/16/2012. U.S. arms sales have tripled from 2010 sales. Half of the increase has been to Saudi Arabia.

(CNBC Video) Former Chairman and CEO of Wells Fargo Bank Dick Kovacevich lays out what caused the 2008 financial crisis. 9/12/2012. Five safety valves (and checks and balances) failed, leading up to the 2008 financial crisis: (1) credit agencies, (2) Fannie and Freddie (70% of the mortgages were guaranteed; no one would have bought if the government would not back them up), (3) SEC (i.e. the regulator for the credit agencies), (4) regulators, and (5) state regulators for the mortgage brokers.

(Bloomberg) The “Bond King”: Buy Gold, Not Bonds. Posted 9/10/2012. Bloomberg video. Amazing to hear. "[There's] a diminished or dying cult of both bonds and stocks from the standpoint of a belief that they can return 10%....Gold can't be reproduced. It could certainly be taken out of the ground in an increasing rate but there's a limiting amount of gold....Gold is a fixed commodity that has a considerable store of value that paper money has not....When a central bank starts writing checks and printing money in the trillions of dollars, it's best to have something tangible that can't be reproduced, such as gold....Gold ... is a better investment than a bond or a stock, which probably will only return a 3 to 4 percent return over the next 5 to 10 years."

(YouTube) Full Interview With Billionaire Frank Giustra. Posted 9/3/2012. Excellent interview. He's a heavy investor in gold and farmland, besides his core assets in mining, entertainment, etc.

(YouTube) Chris Hedges on "Days of Destruction, Days of Revolt". Posted 5/11/2012. Authors set out to take a look at the sacrifice zones, those areas in America that have been offered up for exploitation in the name of profit, progress, and technological advancement.

(YouTube) Chris Hedges on "Empire of Illusion". Posted 3/22/2010. Corporatism, inverted totalitarianism, destruction of the manufacturing base, cannot distinguish between the real and illusion (i.e. Hollywood's ability to create the pseudo in place of the real), destruction of personal wealth, destruction of our financial system, tremendous debt, borrowing to sustain an empire and lifestyle we can no longer afford, celebrity culture, reality programs with false ethics and morality (i.e. promotion of me above others), we are throwing tons of money on a system that has already failed, psychologists used by the military to break souls, America is functionally addicted to war, military complex has has largely destroyed the domestic industry, foreign aid is mostly used to buy U.S. military weapons, etc.

(YouTube) Greg Mannarino Interview: People Are Going to Suffer on A Biblical. Posted 8/19/2012. Greg Mannarino, a former Bear Stearns floor trader in the mid 1990's, says, "The global debt bubble is the biggest in all of mankind, and every single one has burst in the past." Greg Mannarino is a rising star on the internet for his YouTube commentaries regarding the ongoing financial crisis. He predicts, "I am certain we are going to see violent crime erupt on a global level."

(YouTube) Michael Burry Talks Investing in Farmland Real Estate. Posted 10/24/2010.

(YouTube) Michael Burry the 8.4 Billion Bet. Posted 10/24/2010.

(YouTube) Energy Expert Byron King on Peak Oil, Natural Gas and Rare Earths!. Posted 6/14/2012. Excellent interview.

(YouTube) Still Report #45 - Bill at Philly - Bill Still. Posted 5/28/2012. Excellent presentation on flaws with a gold standard and other important monetary issues. Bill Still proposes (and has been proposing) the control of the monetary system by the people and not the FED or any private institution. He believes the federal government should be prevented (by a Constitution amendment) to get into debt or support a fractional reserve system. Thus, the federal government would have no debt, there would be no interest payments on debt (since there is no debt), and banks would not be allowed to lend more than they hold (no fractional reserve system).

(YouTube) Fake Numbers. Posted 5/7/2012. Discusses the magnitude of the distortions in government GDP (Gross Domestic Product = private Consumption + private Investment + Government spending + (Exports - Imports)). Distortions occur in Imputations (16% of non-commercial activity). In the 1960s and earlier, GDP was not used but rather GNP (Gross National Product), GNE (Gross National Earnings), and NNP (Net National Product). The GDP includes Government Spending but does not subtract Revenue (i.e. Taxes, Licenses, Fees, etc). Investments equals "Stock Investments" which was one-third of GDP last quarter. That's why the FED puts so much effort at keeping the stock market up. There is a HUGE distortion in the "private Consumption" component, in that it constitutes the overriding (71%) share of the equation. It doesn't make sense to consider 71% consumption as economic growth. Also, the formula does not take into account when *both* Exports and Imports are falling--i.e. there is no net change when in fact economic activity is decreasing. Hedonics (e.g. ABS brakes were originally expensive, but in time the dropped in price, so the government adjusted inflation downward). In Substitution, if a price goes up, then change to a lower priced item (e.g. Chicken for Steak, or a Compact Car for a Family Car, if the Family Car went up in price).

(YouTube) Why You Shouldn't Trust the BLS Number. Posted 5/2/2012. The BLS ( Bureau of Labor Statistics) unemployment percentage number are based on a Census Bureau survey of 60,000 households sent by mail, with probably half of respondents used for the numbers. In other words the unemployment percentage number touted and argued about endlessly is the result of 30,000 responders out of millions of households. How accurate can that be?

(YouTube) No U.S. economy in 2027. Posted 3/26/2012. Secretary Timothy Geithner admits to it on video before a government committee hearing.

(Audio) Ellis Martin Report with Jim Sinclair and the Nuclear Economic Trigger. Posted 3/19/2012. James Sinclair outlines not a scenario but a reality that is here now. The US has pulled the nuclear economic trigger on India and Japan in the interest of coercing them to cease trading for oil with Iran. The gun is actually pointed at ourselves. Listen and hear why the dollar is ultimately doomed as these countries now look to the Yuan and Euro as a trading tool instead of the dollar. That’s India, Japan, Russia, China, Europe, etc.

(YouTube) The Vote Pump. Posted 1/27/2012. Excellent video describing how much the federal government receives in taxes and spends.

(YouTube) Your Wages Will Be Cut In Half! Posted 1/20/2012. The text for the video is here. Expecting inflation to 20% in less than a year.

(YouTube) One Hundred Million Dollar Penny. Posted 12/13/2011. If a penny was worth $100,000,000, how much could you buy?

(Video) Mohamed El-Erian tells us that he believes QE3 is coming and that the Age of Credit is at Risk. Posted 1/13/2012. Interview with El-Erian, gives good summary and many layman-level terms to describe the world financial condition. To skip the very long intermission at around 13:15, click here.

(CNBC) Three Scary Sectors for 2012. Posted 1/3/2012. CNBC interview with Reggie Middleton. Explains the problems with F.I.R.E. (Financials, Insurance, and Real Estate) going into 2012. Mentions Bank of America's insolvent condition.

(Video) In Depth with Author and Journalist Chris Hedges. Posted 1/1/2012. Three-hour interview Pulitzer-price winning news correspondent and author worth listening to. Topics covered include the economy, terrorism, religion and politics. He believes the great evil in the world's economies is corporatism in all its forms.