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EP. 92 The Gold Chronicles: March 2020 podcast with Jim Rickards and Alex Stanczyk

EP. 92 The Gold Chronicles: March 2020 podcast with Jim Rickards and Alex Stanczyk

Released Friday, 27th March 2020
Good episode? Give it some love!
EP. 92 The Gold Chronicles: March 2020 podcast with Jim Rickards and Alex Stanczyk

EP. 92 The Gold Chronicles: March 2020 podcast with Jim Rickards and Alex Stanczyk

EP. 92 The Gold Chronicles: March 2020 podcast with Jim Rickards and Alex Stanczyk

EP. 92 The Gold Chronicles: March 2020 podcast with Jim Rickards and Alex Stanczyk

Friday, 27th March 2020
Good episode? Give it some love!
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Topics Include:*Opening salvos of Global Financial Crisis II (GFCII)*The entire precious metals complex (gold and silver) has been cleaned out globally*The best time to act has past, now is the second best time to act*The global run on precious metals is probably less than 5% of the population, when the majority catches on to damage done to USD the demand could be historic*Price dis-connect between paper and physical gold price*How price discovery in the gold market is resolved *What happens when the Swiss refineries open again*The effect of key relationships with Swiss refineries on access to gold and silver*Mining output dropping due to mines getting shut down reduces available supply of gold*US Unemployment Claims hitting record levels, 3.28M claims in one week*Fed injecting capital into system trying to prevent liquidity freezes (Ice-9)*Why we are entering the next Great Depression*In comparison, during "The Great Depression" Dow Jones dropped 89%*The Great Depression played out over 3 years, we are a third of the way there in 3 weeks*Consequences of Supply Chain Shutdowns*Why the US could lose up to 50% of its economic output by the end of the downturn*The social and political consequences of QEternity *What happens when complex systems collide*Regarding mass migrations and unrest, watch South Africa and Mexico*Full Spectrum Warfare - Financial, Biological, Cyber, Social Engineering, Kinetic*What are the chances we will see kinetic warfare*Why China could be eyeballing Taiwan during the crisis*How the Covid-19 numbers out of China are questionable*CARES Bill - Whats in it*Whats happens to gold if we see massive deflation (Great Depression II)*The two ways gold is revalued in a massive deflation*It took 25 years for US markets to recover from the Great Depression*Jim: "Be wary of suckers rallies"*Practical things people can do during this crisis*Spoiler - Jim's new call on the US Presidential election and how the crisis has changed the probabilities

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