Commodity Culture, Released on 2/12/25
Bob Moriarty thinks the general public is distracted by Trump’s breakneck pace since taking office, while they ignore an insurmountable debt crisis in America that is threatening to take down the entire economy, and the BRICS nations are licking their chops as they watch the US circle the drain. Bob discusses why he believes a return to honest money in the form of gold and silver are the only way out of our current predicament, the reason gold mining stocks appear to be so undervalued compared to the gold price, and much more.
00:00 Introduction
00:46 Market Trends to Watch
02:28 Trump’s Tariff Threats
09:22 Current State of BRICS
11:36 Debt and Deficits
16:06 Road to $3,000 Gold
20:59 Central Banks Will Buy Silver
26:21 Crypto Scams
27:54 Valuation Gap Between Gold and Miners
33:49 We Could See $300 Oil
38:15 Global Conflict on the Rise
Bob Moriarty is the founder of 321gold.com, a popular website which features articles, editorial opinions, pricing figures and updates on current events affecting precious metals. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 14 international aviation records. He is the author of Nobody Knows Anything and Basic Investing in Resource Stocks.
The USA is insolvent, soon to be bankrupt, and has defrauded the world economically.
Like any criminal, it can fight the charges or negotiate a plea deal with the international community. Trump appears to want to fight,
And like a criminal before the court, being accountable and showing some sincere remorse goes a long ways.
I don’t believe Trump has it in him to be accountable, as President, for the USA (let alone himself).
Should be interesting to watch the collapse unfold.