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A2A with Willem Middelkoop

59

Willem Middelkoop is an Amsterdam-based author and commodity fund manager. Somehow it had been over a year since we last spoke with Willem so we had plenty to discuss today. Please be sure to give this podcast a listen.

Among the topics addressed in this 49-minute call:

  • the current similarities to the run-up to The Financial Crisis in 2008
  • how the falling dollar is impacting commodities
  • why China values physical gold and the likelihood of a global reset in price
  • which commodities or metals might benefit from the changes described in his new book, "The Tesla Revolution"
  • the future of the euro and the possibility of it challenging the US dollar as global reserve currency
  • Willem's interest and opinion on the Australian mining sector, specifically Artemis and Novo Resources
  • And a whole lot more!

I'm confident you'll find this audio to be interesting and very helpful. Thanks again to Willem for sharing his time and expertise.

TF

  59 Comments

lakedweller2 · Oct 12, 2017 - 4:01pm

1

RickshawETF · Oct 12, 2017 - 4:06pm

Silver!

Danforth Coxwell · Oct 12, 2017 - 4:11pm

Now to listen!

infometron · Oct 12, 2017 - 5:01pm
HOLD

Can't hold it any longer Marchas! I have to go pee! LOL!!

Ah! Now to listen... :^)

ArtL · Oct 12, 2017 - 5:21pm

5

remup181 · Oct 12, 2017 - 5:22pm

Great A2A excellent stuff.

silver10sguy · Oct 12, 2017 - 5:51pm

I enjoyed the interview very much. I was a bit surprised to hear his views that the dollar and PetroDollar may last another decade. That was a surprise and doubt I could stomach 10 more years of gold and silver manipulation! However, it would make sense to get the world's population more prepared to use cryptocurrencies. Guess I will just keep on buying.

Markedtofuture · Oct 12, 2017 - 5:55pm

https://ceo.ca/nvo?f2ea19bfb0d7 

Hey folks, for my shows, getting 1000 views within 24 hours of putting it out is a milestone. I don't buy any traffic so that is a pretty good sized audience. The show I did yesterday is 14 short with around 1 hour to go, if you missed the show, or haven't watched, it is must see TV for $NVO fans. Help push it over the top por favor. Gracias. https://www.allanbarryreports.com/single-post/2017/10/11/John-Kaiser-talks-Australian-Gold-Stories-Including-Novo-Resources-NVOV

boomer sooner · Oct 12, 2017 - 6:01pm

Lololololololololololololol

I laughed my ass off.

Dang, maybe should get some NOVO.

infometron · Oct 12, 2017 - 6:15pm
Dingo infometron · Oct 12, 2017 - 7:56pm

Would that be of KL taking over Artemis, De Grey and other tenement holders before mania sets in ?

Mickey · Oct 12, 2017 - 8:01pm

Per Ellen Brown and Pam Martens; 'what the Fed should do is QE it; buy PR's toxic assets just like they bought MBS.

That will help the banks and investors and is the moral hazard presented.

It is time investors especially the big banks and funds bear the consequences of their own bad decisions, buy bonds for example where they should have known there is no cash flow to pay debt service. Individual investors whose advisors buy this crap for them better have been told its high risk.

Its no different than the buyers of Illinois new 6 billion of debt. What kind of schmucks are peddling and buying this crap? The banks peddle it for their upfront, no risk, commissions. The buyers buy based on credit ratings that are too high, banks peddling the issuance and then the people not doing due diligence or using common sense.

what we need to do is heal the system which means somebody has to lose besides taxpayers. as it is, the losses of 75 billion wil result in ~20 billion of tax offset via write off. That on an investment that was tax free for federal purposes.

But what pushed investors to buy more risk to get higher return?

The Fed and monetary policies!!

So Chef, I do not think its such a hot idea.

So what happens to PR? IL? Other states following that path?

They all suffer with the consequences of their decisions. My view is pensioners have to take a haircut and IL and Madigan fighting it tooth and nail. They changed the IL constitution to "guarantee the benefits, which is killing state business and population. High income taxpayers are leaving and low tax paying individuals who actually take benefits and drain the system are moving in.

Those constitutional changes were made under duress and to counter a lie. for the benefit of the pensioners. These pensioners, used to go on strike every three years, and that was for the school districts, negotiating under duress. That should by law nullify deals. the whole thing is corrupted.

It is time for banks and investors et al stop looking to uncle sam to save them.

Wizdum · Oct 12, 2017 - 8:16pm

...who haven't yet seen this from years ago, share it with those who need it:

https://www.youtube.com/watch?v=SkOf9grZ0jk

infometron · Oct 12, 2017 - 8:20pm

“The goal is not to invest in companies, they do something and we sell the shares, the goal here is to invest in something, have that money we put in to develop and advance the project and make it better until a time that we come in and be owner-operator of the project.” So, possibly... NVO.V? DEG..AX?

scoremore · Oct 12, 2017 - 9:16pm

Bentley loved the surge.

Radioarbitrage its gonna break one way or the other...hoping it is straight down.

Would of replied earlier but during the work day I only get to come in for a couple of quick minutes.

Two views...

capture101217.png

Price of Gold

scoremore · Oct 12, 2017 - 9:21pm

So just to be clear I love Gold. I love Silver.

Do not mistake me posting this chart as having something against Gold.

It is purely about the out of wack value against each other right now.

Silver IMHO is absolutely the superior value right now at 75-1.

With a drop I will trading in most of my stack for Gold and become a Gold FREAK.

And I say FREAK with love.

AGXIIK · Oct 12, 2017 - 9:50pm

20% of his fund's investable capital!?!? That is a serious amount of commitment

Sprott with $150,000,000 into KM and NOVO Ditto

mavens · Oct 12, 2017 - 10:09pm

Bitcoin just broke 5600 USD....

FYI.

Docdhj · Oct 12, 2017 - 10:32pm

If Trump pulls the trigger on this..... it is HUGE! The Executive Order earlier today set the table.... this is equivalent to flipping the table over!

Obama and his crew funneled $300 billion out of Fannie & Freddie into the insurance industry pockets to prop up the exchanges and insurers for the past 4 years..... this would put it all to an end. 

Dave

https://www.zerohedge.com/news/2017-10-12/trump-scrap-crucial-obamacare-...

Docdhj · Oct 12, 2017 - 10:41pm

If Trump does this, he will completely torpedo any kind of "deal" he had worked out with Schumer and Pelosi.

That means, it's all back to square one. No deal on budget. No deal on taxes. No deal on debt ceiling. No deal on government shutdown. 

This puts us back to Sept 6 with USDJPY at 108 and CDG at $1360. Get some popcorn and enjoy the theater.

scoremore · Oct 12, 2017 - 11:01pm

I'd love to go back to 108 and $1,360...

It is a start...

Not sure how that will work for everything else though.

RickshawETF · Oct 12, 2017 - 11:15pm

May be time to pull the trigger on some BTC for Gold . . .

lakedweller2 · Oct 12, 2017 - 11:18pm

What does that mean? If insurers lose subsidies, does that mean they will raise premiums and cancel policies?

Mickey · Oct 12, 2017 - 11:25pm

in the meantime, with the weinstein affairs, puns intended, and now Amazon getting named, via coverup Bezos being named in coverup, and harassment, is this the event that changes things.

TF · Oct 12, 2017 - 11:26pm

Apparently, it's official.

This is Political War. I've already seen some rumblings that the Dems will call this an impeachable offense. No matter. GAN2017 is officially dead. The "markets" may not know it yet but they might by this time tomorrow or next week.

onesong · Oct 12, 2017 - 11:42pm

How to cook a Black Swan… | Scenarios and Strategy

NW VIEW · Oct 12, 2017 - 11:44pm

We cannot allow the continual events, always changing, to shake us from our core values nor our outlook on life. My grandparents saw WW1 coming and the events of 1913-14, in Europe, was not a great place to be. The Jews were surly not having a holiday.

The family snuck out of the Ukraine, walked across Poland and made their way to Bremen, Germany. Grandma was pregnant with my dad and they only had the things that they could carry. If they were caught, they would be shot. What is our problems?

We have not seen anything yet. The tribulation of old were also deadly and we have become soft. One of the keys is the inner conviction to leave everything behind, not being attached to anything and seek the freedoms before us. If one has things that they just cannot give up, you will be a victim. Most of the family, who were attached to their land and culture, staying in the old country, were killed.

This would be a good time for a quality rant. Jim

Ben Stackin · Oct 13, 2017 - 12:09am

about your "GAN is over" theme, Turd.

It Ain't Over - Animal House (1978)

so now we know what the "calm before the storm" comment from Trump was referring to. We're not going to attack NK. Not now that they have nukes. It's all about health care and blowing up GAN '17 for good. Of course NK might attack us. It's not like we're firing on all cylinders right now. Fukking Navy can't even keep from running into cargo ships etc etc....

onesong · Oct 13, 2017 - 12:15am

of Mike Maloney saying he holds 500 ounces of physical silver for every ounce of physical gold? I might have to trade some gold for silver. I don't think I'll like it short term but long term the math screams YES. I got some 1980 1 oz. Grants and some 1908 1 oz. Korona's any ideas... maybe junk silver or American Eagle monster boxes. Anybody need to improve their ratio? Give me a PM.

lakedweller2 · Oct 13, 2017 - 12:18am

We can put bankers in jail. We can develop a health plan. We can fix taxes. We can pull back the military. We can reverse Citizens United. We can reinstate Glass Steagall. We can do whatever needs to be done...but you have to get rid of every criminal that won't do it. 

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