‘This is going to be worse than the Great Depression’ — Andrew Maguire & Rob Kientz

Kinesis Money, Released on 8/18/23

In this week’s episode of Live from the Vault, Andrew Maguire is joined by Rob Kientz of GoldSilverPros.com to evaluate the immediacy of another major US banking crisis and the ricochet effect this could have on people’s bank deposits. The two precious metals experts examine whether spiralling debts – now in the trillions – are designed to break the system and usher in a ‘build back better’ financial period even darker than the great depression.

00:00 Start
03:00 What Rob sees as the most important drivers of gold and silver in America
08:00 How imminent is a US banking crisis?
12:00 What about student loan debt
17:30 Are they trying to break the system so it can be built back better?
25:00 Why this will be worse than the great depression
29:30 The central banks are buying gold; they don’t believe in their own product!
33:00 How much gold does China own and what is Russia doing?
42:30 These markets are not fit for purpose they’re just to make money
49:00 What to do with depreciating dollars

Robert Kientz runs GoldSilverPros.com and has over 20 years of investment experience in the bond, stock, real estate, commodities, Forex, and precious metals markets. His research and weekly educative videos on YouTube focus on: Precious Metals Analysis, Economic Forecasts and Macroeconomics. 

Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund managers, bullion banks, directors and metal traders globally.

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