British Pound Outlook, The United Kingdom Can Break Up
The United Kingdom has huge debts. The United Kingdom is one of the most indebted nations in the world on any kind of comparative data. They don't have as much debt as the United States as it's a much smaller country. There's huge, gigantic debts which people don't seem to pay too much attention to. I pay attention to.
The United Kingdom has huge debts. The United Kingdom is one of the most indebted nations in the world on any kind of comparative data. They don't have as much debt as the United States as it's a much smaller country. There's huge, gigantic debts which people don't seem to pay too much attention to. I pay attention to.
This story is not going down because of Boris Johnson. I mean, maybe he's contributing, maybe he's a needle causing the
pinprick but no, Sterling has got huge
problems and whatever happens it's going
to get worse. It looks to me like the
political problems are certainly going
to make it much much worse, I mean the United Kingdom could break up.
US Dollar, Gold
US Dollar, Gold
Many things that are
gonna make the next problem very very
very serious and a alternative an
alternative is the the US dollar
I expect the US dollar to get overpriced
I expected it maybe turn into a bubble
but often when that happens gold goes
down you know if the dollar is very very
strong go this week so my plan but don't
pay too much attention my plan is that
the US dollars going to get
oh Christ I'm gonna sell my US Dollars
and as gold goes down in that crisis as
it often does I will put my US dollars
into gold.
Gold or Silver?
If somebody came in and said, "You gotta buy Gold or Silver!" I would buy silver today.