Thank God for the innocence of kids. They keep us hopeful and glad they do not have to worry about the world just having fun. I hope soon we all will be back to normal and enjoying life. Stay safe.
This guy makes more sense than all those other tossers crapping on about a V shaped recovery. Very moderated opinion. The problem is politicians don't like reasonable people.
@@dutchmaster1999 And our land area is similar to the U S , but with more desert. That is why most Australians 'live on the verandah' of the country i.e. around the fertile edges! Not like The Netherlands ( my bro-in-law is Dutch)
took a full 20 minutes for this guy to get to his breakthrough idea that money printing continues and precious metals are a hedge in a portfolio. Nothing new, painful to watch.
Love this guest. Very plainspoken and well-researched. Information PACKED. My bottom line and takeaway(s) - we are in a different world that has much more debt and risks; any previous historical valuation paradigms are fundamentally and fatally flawed.
He never said buy only precious metals. He said invest in companies individually not in an index i.e. active not passive investing and have more than the standard 0.5-2.0% precious metals.
A traditional 60/40 portfolio did very well through this down turn. You need to think very carefully about switching from that to a long/short strategy. With a long/short strategy you put your thrust on the manager of the fund and are basically betting on the managers skills compared to others. That part about adding some gold makes sense, think of it like and insurance of things are not going to turn out well.
If the value of every company dropped by 1/2 I'm sure gold won't be keeping its value. Gold and precious metals don't actually pay you anything. Equities and property trusts generally pay a dividend plus the possibility for a capital gain down the line. Holding gold and hoping it's going to go up, and getting nothing while you wait seems foolish.
Over the last 20 years gold has returned on average 7% per annum. I remember considering buying gold in 2006 at $600 AUD and was talked out of it by my brother. I purchased in 08-15 and in AUD terms its doubled since then. I have a 10% allocation, I own property, share and cash too. In the end you have to do your own homework and invest in what your comfortable with.
Yes.....but the Fed has postponed this with the printing and borrowing of so much paper money. "Don't bet against the fed", so perhaps today with tightening and dumping it's balance sheet you will finally be right (6/4/2022 US date today)
Great talk. I hope he isn't right about the long term outlook with economic restructuring... He seems like quite a risk adverse person when talking about all the potential perils in modern day economy. However I would counter that economies have been through this before and have over time, come right and expanded. Wars, plagues, debt etc. So what makes the long term outlook worse this time?
Carp! Those big corporations will have to start making things locally, paying people in their own country a fair wage, and making quality products. Brave new world.
Clearly your attention span wasn't capable of digesting what was said. Some fantastic insights and really exposes the house of cards that our economy/financial markets are. Even went as far as to offer alternatives to outperform this circus of a market. Did you want a hand written list of stocks poised to run 100% in the next 2 weeks?
Not interested in yet another expert telling us how bad things are....that is obvious. It would be good to hear someone advise specifically what to do about it instead of talking all around the subject.
Now you can get the latest news faster than ever by following us on Google News
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Finally someone who speaks sense and doesn't spruik. A breath of fresh air.
@King Kong Keep beating your chest
That fresh air has a weird smell though.. 😂
Great call!
Those kids sound like they are having way too much fun, haven’t they heard the latest unemployment numbers .?
Thank God for the innocence of kids. They keep us hopeful and glad they do not have to worry about the world just having fun. I hope soon we all will be back to normal and enjoying life. Stay safe.
Johnny Pep the stimulus is working the jobs picture has improved it has a bit to go
@@TheRealSneakyPlayz This is the new normal; the virus hasn't gone away!
This guy makes more sense than all those other tossers crapping on about a V shaped recovery. Very moderated opinion. The problem is politicians don't like reasonable people.
Hahahahaha!
Dude!!!! It wasn't just V shaped! It was the most V shaped recovery in history!!!! 😂
Total population of Australia: 25 million. Total unemployed in the USA: 23 Million. Perspective.
Only 25 million in Australia?? Holy crap
That’s like nobody for an entire continent
@@dutchmaster1999 perspective: similar populations: Canada, Australia, and California.
@@dutchmaster1999 You got it! So does my Dutch brother-in -law
@@dutchmaster1999 And our land area is similar to the U S , but with more desert. That is why most Australians 'live on the verandah' of the country
i.e. around the fertile edges! Not like The Netherlands ( my bro-in-law is Dutch)
@@linmal2242 Oh wow, sounds like a beautiful place. Would love to visit sometime. Thank you for sharing
took a full 20 minutes for this guy to get to his breakthrough idea that money printing continues and precious metals are a hedge in a portfolio. Nothing new, painful to watch.
Love this guest. Very plainspoken and well-researched. Information PACKED. My bottom line and takeaway(s) - we are in a different world that has much more debt and risks; any previous historical valuation paradigms are fundamentally and fatally flawed.
This did not age well
I have to agree, you can not stop listening to Jerome it make sense. Thank you and more of those. Subscribed!
Great interview! Really down to earth
So buy more BBOZ? Done.
I held it through the last run up and wish I sold. But feeling confident it should go back to where it was and maybe further. Buy the dip!
26:00 "More skill based returns..."
Yessir.
As soon as I can free up my currently 85% in-cash company Super fund, it's all going this guy's way. 👍🙏
How will companies go broke if they can sell bonds at low interest rates provided by central banks buying corporate bonds?
He never said buy only precious metals. He said invest in companies individually not in an index i.e. active not passive investing and have more than the standard 0.5-2.0% precious metals.
A traditional 60/40 portfolio did very well through this down turn. You need to think very carefully about switching from that to a long/short strategy. With a long/short strategy you put your thrust on the manager of the fund and are basically betting on the managers skills compared to others. That part about adding some gold makes sense, think of it like and insurance of things are not going to turn out well.
does this make sense to you? what do you think? cause to me iit doesnt this my dad talking
If the value of every company dropped by 1/2 I'm sure gold won't be keeping its value.
Gold and precious metals don't actually pay you anything. Equities and property trusts generally pay a dividend plus the possibility for a capital gain down the line.
Holding gold and hoping it's going to go up, and getting nothing while you wait seems foolish.
Over the last 20 years gold has returned on average 7% per annum. I remember considering buying gold in 2006 at $600 AUD and was talked out of it by my brother. I purchased in 08-15 and in AUD terms its doubled since then. I have a 10% allocation, I own property, share and cash too.
In the end you have to do your own homework and invest in what your comfortable with.
hi this is my video
So basically invest all your money is precious metals? umm ok.
Yes.....but the Fed has postponed this with the printing and borrowing of so much paper money. "Don't bet against the fed", so perhaps today with tightening and dumping it's balance sheet you will finally be right (6/4/2022 US date today)
Good call. Hope you still have a job mate!!!!
I think we’re heading for a bathtub shaped recovery.
Record job losses in April
Best month of gains for DOW since the 80s
There is no portfolio that did not lose 45 percent at the last crash, diversified or not.
Ever heard of long-short portfolios?
Proper, intelligent, rational thinking.
Really..
Ya wow this guy was really good
Lol.. ok
Deflation first and then hyperinflation! Cant wait for real estate to collapse!
So hyperinflation won't affect property?
Someone report those children in the background to the nearest Social Distancing officers
Lol
Great talk. I hope he isn't right about the long term outlook with economic restructuring... He seems like quite a risk adverse person when talking about all the potential perils in modern day economy. However I would counter that economies have been through this before and have over time, come right and expanded. Wars, plagues, debt etc. So what makes the long term outlook worse this time?
Carp! Those big corporations will have to start making things locally, paying people in their own country a fair wage, and making quality products. Brave new world.
Meanwhile, the kids in the background are all spreading the corona virus.
Laif returns aren’t very good.
This guy is really good.....I just discovered a gem...
No. You didn't.
Who is he talking to?
Blah blah not saying nothing
Clearly your attention span wasn't capable of digesting what was said. Some fantastic insights and really exposes the house of cards that our economy/financial markets are. Even went as far as to offer alternatives to outperform this circus of a market. Did you want a hand written list of stocks poised to run 100% in the next 2 weeks?
Not interested in yet another expert telling us how bad things are....that is obvious. It would be good to hear someone advise specifically what to do about it instead of talking all around the subject.
Take all the money the government is willing to give you and turn it into something that actually has real value
All fairy tails have an end...sooner or later.
Was this filed at a zoo?
Comedy
Wow..Talk about talking a lot but saying nothing. Invest in gold and learn to swing trade
Watching the video
What's the best performing asset of the last decade & year to date, better than gold?
Bitcoin.
Oh wow we've a bitcoin ass-kisser here, huh?
@@prateekpatil5524 now there is 2. Bitcoin is the uncorrelated asset.
@@swaaalla I check bitcoin from time to time, but it seems more correlated than not.
@@prateekpatil5524 Is there an asset that has outperformed it over the last 10yrs? No. Your loss not holding it.