The thing every investor has to realize about this space is that gold mining companies are flat out dogs for 20+ years. If and when you catch lightening in a bottle, you could make 10-20x returns. But it happens so infrequently that most will dump their positions before the launch due to opportunity cost elsewhere. It must be the most agonizing industry to invest in.
"Can always get worse, trust me on that". Yeah, I don't need to trust you, I have already been living it for years now. That being said, I am loaded with miners now.
@@goldismoney5899 haha i feel you, i invested in 2015, barely up since then but my silver stack has more than doubled since then in swedish krona. I see signs of things shifting soon though, the market is just way too depressed
Love this guy fears: monetary collapse and fast reset. Mentioned 4th turning, smart to watch and know cycles. He also knows what a curse high Precious metals prices mean. Cant save them all. Peace be with you, God bless you
In 2008, the Banksters, the Fed, and the Gov choose Quantitative Easing to Infinity and Beyond. We are on the inflation train, trying to hang on for as long as we can, but, we all know where the inflation train is going.
I just don’t see how holding the physical metals is ever going to be beneficial. The spreads that dealers charge are really big. The coin shop near me will buy a roll of junk silver for $60 but then sell it for $100.
It can and will get worse...Tax loss selling will hit hard...a major market dump will take gold down with it. The whole system is on the brink and when the real panic selling starts it will spare nothing.
Great to hear from Larry again, I love his honest, call it as he sees it take on things! 👍💛
This man’s honesty and decency always shines
Hats off to Larry! 🥇
Always great to hear from Lawrence Lepard!
I like Larry. Intelligence, common sense, and no nonsense. My kind of gentleman.
Larry 👍
The thing every investor has to realize about this space is that gold mining companies are flat out dogs for 20+ years. If and when you catch lightening in a bottle, you could make 10-20x returns. But it happens so infrequently that most will dump their positions before the launch due to opportunity cost elsewhere. It must be the most agonizing industry to invest in.
They been saying all this since 2012 and each year they dilute there shares and saying gold price will go up this year 🖕
Great discussion.
Can always get worse, trust me on that. But yeah it Looks very very promising
"Can always get worse, trust me on that". Yeah, I don't need to trust you, I have already been living it for years now. That being said, I am loaded with miners now.
@@goldismoney5899 haha i feel you, i invested in 2015, barely up since then but my silver stack has more than doubled since then in swedish krona. I see signs of things shifting soon though, the market is just way too depressed
Love this guy fears: monetary collapse and fast reset. Mentioned 4th turning, smart to watch and know cycles. He also knows what a curse high Precious metals prices mean. Cant save them all. Peace be with you, God bless you
In 2008, the Banksters, the Fed, and the Gov choose Quantitative Easing to Infinity and Beyond. We are on the inflation train, trying to hang on for as long as we can, but, we all know where the inflation train is going.
A little incongruous viewpoint from a professed BTC holder. Gold is not scarce as it can be mined more as price increases.
Go Gold!
It’s Difficult to Make Predictions, Especially About the Future , since jears somthing will break .
What a champ!!!
Let’s go gold and silver…..
I just don’t see how holding the physical metals is ever going to be beneficial. The spreads that dealers charge are really big. The coin shop near me will buy a roll of junk silver for $60 but then sell it for $100.
the history of fiat currency is always the same..( what comes from nothing eventually goes to nothing )
Ain't that the truth. Just look at the US debt clock: it says it right there, "Money Creation."
Poor interviewer who had no appreciation of Lawrence and didn't deserve him as a guest
It IS getting worse. Sorry Larry, you've been wrong for the past years.
It can and will get worse...Tax loss selling will hit hard...a major market dump will take gold down with it. The whole system is on the brink and when the real panic selling starts it will spare nothing.