SBTV spoke with Nick Barisheff, founder and president of BMG Group Inc., about his $10,000 gold forecast and why the US debt is sending the country towards hyperinflation.
Nick Barisheff’s BMG Group: https://bmg-group.com
Discussed in this interview:
00:00 Introduction
01:53 Hyperinflation
05:02 Asian Bretton Woods
06:18 China’s ‘hidden’ gold
11:47 Silver is price inelastic
16:57 Wait out the storm in gold
18:42 Problems with ETFs
22:25 $10,000 gold forecast
25:50 Flight into bullion
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The only way out is a new currency.
THANKS FOR INTERVIEW, NICK is always worth listening too
I'm 67 in 2022, in the 70's when the system pushed on us all, there were almost no CC, and people weren't in debt as today, it's a big mess presently, many option's out there…
Thumbs up 👍
Great Channel – Patrick is a great Host
Thanks for what you do
I'm 100% in silver,that makes me a super genius
For years leased gold is often spoken about as though the lease never expires.
What Nick fails to mention is that both Russia and China are economic basket cases, and its not because of anything the USA did. India will be the one calling the shots soon as their economy surges.
The dollar is rubble
If they got 8000 tons why no audit last 40 plus years
Would love to see silver go from 30 a ounce to 800 like gold…. no disrespect to gold but it really is cowards trade… You just want to sleep at night screw silver regardless if it is at least twice as undervalued as he said gold is.
I always wonder just HOW SLOW some of these sleepy "slow talkers" walk down a sidewalk ?
😄🤠😆✌️
(8:40) Leased gold from western central banks in China's growing stockpile!!! Of course!! Never thought of that. Great interview.
there is a way out the Fed fiat caused it throw the bankers out and since they are private let them worry and bankrupt, their a corporation in Admiralty, and throw the derivatives in the burn pile soon we start anew
Thank you Sir, A Gift from the sky,,, Buy Buy Buy Physical, Any fiat left Repeat, They cant print Silver /Gold
100% gold, wow. I’m not that ballsy. Right now 35% physical gold and silver, 40% foreign divided equities 15% miners and 10% cash in various forms.
Awesome analysis guys. Thanks 👍😀
Audit fort knox
Anytime a government wants to subsidize gold and silver for paper. It is a criminal organization and if the people do not stand up against it. They always wind up where we are today. Always according to history. It's repeated over and over and over and over and over and over and over again.
The reason they rush the CBDC is because they know all fiat currency has reached its end. The central banks will destroy all fiat because when its valued to zero or hyperinflated. The population will have no other option but to embrace CBDC. At that point most sheeple will se the CBDC as a saviour. This is a move to take all wealth and power from the people to the central banks and globalists. The last move of this global ponzy scheme. This move is mostly focused on the European continent and US. The rest of the nations have a sligthy different agenda.
I hope Nick doesn't narrate his own audiobooks.
THE EAST WILL SET THE PRICE OF GOLD (COMMIDITIES ) IN THE NEAR FUTURE – OTHER THEN THAT NICE INTERVIEW
No offense but this guy just speaks waaaaay too slowly……
Imagine how rich a totalitarian China would be, if gold is 80.000$/oz with 6000t of it. You can be 100% right about Gold and still be miserable.
Your guest talks much sense
The only way out is by enabling and empowering the people to be autonomous via technology and public spending programs to level out any crevasses that exist in society. Like a school of fish in the sea swimming together. The cultures of the world swim in the waters of life together. sometimes in the same direction, sometimes in opposite directions. In other words… the usury thieves have to give back at some point. that power always gets recycled at the end.
Great guest!
Patrick Terrific interview Thanks
Decerning is not something done for you at the Cern project .
Which are the gold mine stocks that he's talking about? And did he say that the 401k's are dead meat?