A2A with Jeff Berwick of The Dollar Vigilante

100

We welcomed a new guest to A2A this week, Jeff Berwick of The Dollar Vigilante, for a wide-ranging discussion of centered around the ongoing collapse of the global financial system the end of The Great Keynesian Experiment.

Listeners will quickly realize that, unbeknownst to Jeff, he's a Turdite at heart! Much of what we discuss in this podcast and what he covers at The Dollar Vigilante is right along the lines of the focus of TFMR. Namely, The End of the Great Keynesian Experiment is upon us and we all need to prepare accordingly. To that end, some of the topics covered include:

  • the current state of the financial system, including Brexit and DB
  • the value of owning physical gold and silver
  • the rationale behind holding Bitcoin and other crypto-currencies
  • the idea of Shemitah and Debt Jubilee
  • and much, much more.

It was great to get to know Jeff and I'm confident that you'll enjoy listening to this podcast.

TF

  100 Comments

AIJ mike97
Oct 6, 2016 - 4:29pm

DB paper longs

Maybe the Chinese are the buyers?? or an agent of them??

Clarkii Stomias
Oct 6, 2016 - 4:31pm
AIJ
Oct 6, 2016 - 4:37pm

And then there is Bitcoin

Yawn......that's a good thing....

benque
Oct 6, 2016 - 4:39pm

One day the berskank

will dump tons of $100 bills from his helicopter, and no one will care....but he'll be heavily fined for littering.

tyberious
Oct 6, 2016 - 4:41pm

Great interview! Thanks Jeff

Great interview!

Thanks Jeff and Turd.

AIJ
Oct 6, 2016 - 4:44pm

We should have seen this one coming...

  • Ubiquitous Rickards is traveling the world proclaiming the SDR
  • Writing book after book on Gold
  • Warning the SDR date of Oct 1st
  • TPTB licking their chops on the potential
  • Congratulations Jim you are:
    • A very devious person
    • A very useful dunce

Bo Polny hall of Shame has another member......

The good news is, we are probably close to the end of this nonsense.

I'm glad I didn't load up much for this big rinse....

I'm glad I concentrated on Bitcoin the last 6 months.

Langley boys hit the BTC, I need more......

Wizdum
Oct 6, 2016 - 4:59pm

If you were China...

...would you not have figured out how to buy/sell even when your house is closed?

BillD
Oct 6, 2016 - 5:21pm

FWIW .... BITCOIN

Just kinda coasted thru this gold beatdown... up a couple of bucks to $611 or so... lol

Antony von Clearwell
Oct 6, 2016 - 5:25pm

China

If I were China and I couldn't get the paper longs of DB (as assumed) but I still wanted to have 'it' I'd not level the SGE to the comex's on the open, but slowly lower it to the then ruling spot price. Arbitrage will then take care of it. Minor side effect could be that offloading dollars as such the euro will strengthen a bit which will help in raising eurodollars which will help db which China wants to preserve.... Also yuan will strengthen a bit which then allows to be weaken a bit more. That's good for gdp.

Or they don't care and prices level instantaneously. In that case they might have different plans. Remember that the chinese are patient.

Or they open where they closed and leave it at that level. In that case it will be over soon!

Thoughts, just thoughts. Most probably very wrong as I do not understand any of this crap going on :)

However for us mere mortals:

The only way not to lose is not to play. - Joshua, wopr, war games, 198x

And: let's get physical, physical, phisycaaaaal... - Olivia newton john, also 80-s?

BillD
Oct 6, 2016 - 5:29pm

China... the thing is...

China could be the one buying up all of the DB gold longs as the price drops... still may end up owning 'um and could go for delivery?

Somebody is buying them and prolly good to get them out of the hands of DB and into some kind of a market ... lol

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