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Top Comments (10)
One word, debasement. Since 1933 the United States has debased the currency from $20 per ounce of gold to $3,800 per ounce. The ounce of gold never changed. The dollar fell from $20 to $3,800, down 99.5%. Dow was 18 ounces of gold in 1929, at the peak, and 18 ounces of gold in 2024. Nobody cares. This is a zombie economy eating its children for food, selling our children into debt slavery. It is an IOU currency debasement hoax. Big Tech is taking over as a cancer, subsidized by worthless IOUs. Got gold?
Great speed pulling up the charts today Danny responding to your guest quickly in real time. Been watching your channel for a while now and will continue to.
Great guest and channel. The whole West is going down!
Michael is one of the best.
Michael and Danny, Thank you both for sharing your knowledge.
May…he’s optimistic. Long end won’t crash cause they’ll buy them. It’s only inflation for us here on out
Margin Call: when you’re the first one out the door, it’s not PANIC.
🚨Claim your EXCLUSIVE $1,000 discount on my #1 favorite newsletter, Capitalist Exploits, and access top asymmetric stock picks NOW! 🚀: https://capitalistexploits.at/insider-special-price/?orid=36010 📺 Check out my last interview with Chris Macintosh HERE: https://www.youtube.com/watch?v=U5PONV4fkDE Become a paid member on Substack to support my work, and get AD-FREE, EARLY-ACCESS, and UNCENSORED versions of my videos HERE: https://capitalcosm.substack.com 🌟Support the show by checking out our sponsors below🌟 ✅ Unlock a 🌟SPECIAL🌟 10% Discount on The Trends Journal using coupon code CAPITALCOSM: https://trendsjournal.com/ref/139/ ✅ Get your SPECIAL $300 DISCOUNT to Uranium Insider HERE: https://members.uraniuminsider.com/a/2148128421/ujimRAqa ✅ GET 10% OFF YOUR DIRTY MAN SAFE HERE: https://affiliates.dirtymansafe.com/capitalcosm/
Michael Pento is correct in his assessments. Generally speaking, this is America in 1957 for a typical middle class family. They could have built or bought a 3 bedroom home for $15000 and raised 4 children with only one parent working full time. Also, they could have gone to the movies for $0.75 and bought a candy bar for $0.10. Some commentators say that the majority of the downfall since then came after Nixon took the US off the gold standard in 1971.
From England - Go Michael Go
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Top Comments (10)
One word, debasement. Since 1933 the United States has debased the currency from $20 per ounce of gold to $3,800 per ounce. The ounce of gold never changed. The dollar fell from $20 to $3,800, down 99.5%. Dow was 18 ounces of gold in 1929, at the peak, and 18 ounces of gold in 2024. Nobody cares. This is a zombie economy eating its children for food, selling our children into debt slavery. It is an IOU currency debasement hoax. Big Tech is taking over as a cancer, subsidized by worthless IOUs. Got gold?
Great speed pulling up the charts today Danny responding to your guest quickly in real time. Been watching your channel for a while now and will continue to.
Great guest and channel. The whole West is going down!
Michael is one of the best.
Michael and Danny, Thank you both for sharing your knowledge.
May…he’s optimistic. Long end won’t crash cause they’ll buy them. It’s only inflation for us here on out
Margin Call: when you’re the first one out the door, it’s not PANIC.
🚨Claim your EXCLUSIVE $1,000 discount on my #1 favorite newsletter, Capitalist Exploits, and access top asymmetric stock picks NOW! 🚀: https://capitalistexploits.at/insider-special-price/?orid=36010 📺 Check out my last interview with Chris Macintosh HERE: https://www.youtube.com/watch?v=U5PONV4fkDE Become a paid member on Substack to support my work, and get AD-FREE, EARLY-ACCESS, and UNCENSORED versions of my videos HERE: https://capitalcosm.substack.com 🌟Support the show by checking out our sponsors below🌟 ✅ Unlock a 🌟SPECIAL🌟 10% Discount on The Trends Journal using coupon code CAPITALCOSM: https://trendsjournal.com/ref/139/ ✅ Get your SPECIAL $300 DISCOUNT to Uranium Insider HERE: https://members.uraniuminsider.com/a/2148128421/ujimRAqa ✅ GET 10% OFF YOUR DIRTY MAN SAFE HERE: https://affiliates.dirtymansafe.com/capitalcosm/
Michael Pento is correct in his assessments. Generally speaking, this is America in 1957 for a typical middle class family. They could have built or bought a 3 bedroom home for $15000 and raised 4 children with only one parent working full time. Also, they could have gone to the movies for $0.75 and bought a candy bar for $0.10. Some commentators say that the majority of the downfall since then came after Nixon took the US off the gold standard in 1971.
From England - Go Michael Go