Comments by "Jin Kee" (@JinKee) on "Kitco NEWS" channel.

  1. the shame is that this won’t shift the price of platinum any more than printing a $100 bill changes the price of rag cotton paper
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  2. who's here because of Peter Grandich?
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  3. 5:20 this is the key - the crash is in the short term (eg 90 days, no later than Christmas) but inflation/stagflation over the next 5 years.
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  4. 6:07 remember that in the Great Depression people thought that the crash was going to be short and sharp, but instead it was three years of brutal Deflation with bull traps to destroy wealth all the way down.
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  5. I'm a software dev and Cardano is the cleanest crypto codebase out there. It is much better engineered and harder to write bugs. Bugs can cost you money, it is better to have a mathematically sound foundation to build on when real money is on the line.
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  6. While we were stacking precious metals and paying down debt, he studied the blade.
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  7. There is a war by the central bankers *against* sound money, and this guy thinks they're gonna win.
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  8. they're not independent, they outlasted three presidents from two parties. the president is subservient to them.
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  9. 5:00 if it is easier to pick the losers than the winners, then why not just short the losers?
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  10. It blows my mind that silver is so low that an ounce of the stuff barely buys a nice pair of shoes. If it goes any lower then the world is insane.
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  11. 22:05 in el salvador crypto has already replaced gold as money.
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  12. oil isn’t just about energy. i have one word for you, just one word. are you listening? plastics.
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  13. you don’t have to follow somebody when you listen to them.
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  14. wasn’t this the plot of James Cameron’s The Abyss?
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  15. i am going back into the cryptoverse. later brodudes
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  16. simpsons did it.
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  17.  @Ryan_Tinney  the streets in heaven are paved with good intentions
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  18. agreed. similar to how there are now silver-free solar panels and the grim outlook on the silver price
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  19. all predictions are true if taken across the whole timeline (and all the parallel universes lol)
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  20. sooo, i should go heavy on Gamestop calls?
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  21. This is an inflation driven meltup.
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  22. is that a threat? sounds like a protection racket
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  23. Jerome Powell: I wish inflation would go to 2%. *asset price inflation goes to all time highs* Jerome Powell: gee i wish i could see some inflation here.
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  24.  @TheTraderGuy  crypto, how does it work?
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  25.  @Critical-thinker85  peter schiff’s dad wrote a book about how to use gold to evade the IRS, so they imprisoned him and he died in jail. it’s pretty straightforward
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  26. After this is all over, do you think they're gonna ban trading on margin?
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  27. what do you call it when you pay one credit card with another credit card?
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  28. the bond market says recession, and bond yield curve inversions are never wrong
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  29. you can stack lithium in your house if you want, i like not being on fire
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  30. The evidence is in how overleveraged all the traders are. We are one margin call away from the circuit breakers failing. If nobody was borrowing to trade, then we could ride out the problems in the real economy without selling shares.
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  31. If you've already bought the rumor back in the "buy the trash" days of March, this might be a good time to sell the news.
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  32. 13:00 mining doesn't drive prices. If it did, then why is platinum so much cheaper than gold? it's demand that drives prices.
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  33. The PPI is exploding.
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  34. anybody like NUSI?
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  35. David Lim is the only reason why I watch Kitco
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  36.  @calvinvastelli6792  remember in the taper on the 1980s was called “the liquidation of labor” by Paul Volcker. it was designed to wreck everyone.
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  37. 18:30 Paul Volcker called his raising of rates “a liquidation of labor” it was designed to choke out growth in salaries and wreck everybody. since 1971 corporate productivity per capita raised 300% while wages were stagnant. there is probably room for wage rises with price stability
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  38. This is exactly right. Right now all the price action is vs the dollar, because the stock to flow on the dollar is unprecedented right now.
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  39. Everyone's placing their bets. Heresy Financial's Joe Brown just sold his bitcoin to buy gold miners.
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  40.  @romes3217  even raising rates to 2% would cause widespread bankruptcy including soverign default
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  41. bond yield curve control is trying to do price targeting on debt, which is crazy because gold is scarce and debt is apparently the most plentiful thing on earth. debt so large there isn't enough value in the economy to pay the interest. how did we get here?
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  42. wouldn’t proof of stake be preferred over bitcoin’s proof of work?
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  43. This was in Hidden Secrets of Money episode 7 with Mike Maloney
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  44.  @PompeyBoy66  they can ban, but then the value doesn't go to zero value, because you can still barter bitcoin for sex or bitcoin for drugs or bitcoin for guns etc.
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  45. is it too late to get to the punch bowl?
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  46. they need to fine the market manipulators
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  47. Yeah. If we see $1200 then okay it was a double top. Death crosses are lagging indicators in my book.
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  48. 2:10 the silver lining is golden
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  49. so we gonna ban them on accident?
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  50. there’s nothing to smile about
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  51.  @Critical-thinker85  that thinking about black market gold is how Peter Schiff’s dad died in prison.
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  52. shoulda bought bitcoin
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  53. Dollars
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  54. 13:26 in the great depression, every time people thought that it was the bottom and it was time to buy back in the market just fell lower. For three straight wealth-destroying years.
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  55. 7:40 the dollar milkshake theory as applied to gold
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  56. This J Powell is still puppetry and virtue signalling, only it is about money not gender.
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  57. after the BTC ETF, there will be the Bitcoin Taproot upgrade in November. Smart contracts on Bitcoin baby!
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  58. teach them to save silver.
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  59.  @Anklespank  if it is so easy, you launch your own coin and see how it fares against BTC
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  60.  @m5a1stuart83  unless the AI that kills us chooses bitcoin for its new economy
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  61.  @Anklespank  ok nocoiner
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  62. before the crash bitcoin put in a few weeks of all time highs
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  63.  @ericblust5923  they sent Peter Schiff's dad to jail when they made gold illegal, yet Peter Schiff still owns gold.
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  64. well here we are
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  65. 9:30 the saudis betrayed us and broke faith with the petrodollar? we are in the final dedollarization phase with russia and now china? holy smokes everybody
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  66. Being right but early is the same is being wrong.
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  67. is there any way to avoid a deep depression? all you can do is delay it, the debt to gdp ratio is too far gone.
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  68. bitcoin 5x and gold 2x lol
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  69. Agreed. The M3 is the most important number in the world right now and we are burning through it so they aren't going to give us live updates on how much rope we have left.
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  70. Number go up BRRRRR!
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  71. 1:09 will a 1tn platinum coin finally help platinum prices recover?
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  72. it is january 2022 roving packs of cannibals traded bottlecaps for my skull that a local artisan made into a wineglass
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  73. David is back! He always asks the questions I'm thinking.
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  74.  Jimmy E Moorby  0:50 bitcoin isn't going up, it is the dollar becoming inflated away.
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  75. "You can't taper a ponzi" - Max Keizer
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  76. Has somebody told Steve Van Metre to take off the crown yet?
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  77.  @lotsofthisandthat9791  if you can’t tell the difference between provably scarce pristine capital and digital fiat, go buy yourself a pet rock
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  78. 10:22 he wants a central bank digital currency? Or a blockchain tokenized gold etf? If we are talking interest, then proof of stake would be the way to go.
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  79. sometimes if you’re going bald you wear a hat indoors.
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  80. 30% is not a crypto crash my sweet summer child
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  81. if you can get the physical silver at a low premium sure. also try to stack it over time. i lugged 30kg in monster boxes in a backpack once and it was not fun
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  82. It's a phrase that should be clarified. It doesn't mean "we printed too few dollars" because we printed too many dollars. What it means is "nobody is loaning any dollars." Which is a disaster - because the pent up energy in the system is ready to be unleashed.
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  83.  @maxhubert3785  the economy is nothing more than a way to con farmers into giving food to people who aren't farmers. If the economy siezes up or gets flooded with cash, expect bad things to happen.
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  84. Jimmy Carter got voted out due to runaway inflation and then Paul Volcker raised interest rates to crash the economy and liquidate wages to curb inflation. Donald Trump left office in an age of runaway wealth inequality, and isn't wealth inequality just another way to say "asset price inflation"?
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  85. 9:43 could bitcoin be targeted to prevent rich people fleeing with their capital using some kind of bogus "it's used for online gambling" rationale, like it was in Turkey recently? You can move a billion dollars in an hour for a fistful of dollars using the bitcoin blockchain.
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  86. George Gammon's Rebel Capitalist Show has entered the chat
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  87. how much of that is due to USD money printing?
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  88. @JT MONEY the Katsuragi Expedition is behind schedule
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  89.  @tulsaguy9963  Decentralized Finance (DeFi) platforms like Uniswap on Ethereum do the work of 10,000 bank employees with 0 staff, completely automatically, 24/7 on computers owned by ordinary people around the world who get a small transaction fee for running the network. Bitcoin supports social media platforms like Gab and parler which have been banned from the visa payments system and traditional banking, and has been a store of value in Venezuela that has literally been the difference between survival and starving to death. That's the value to it. Blockchain kills banks.
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  90. That's a good point. I think he thinks he's quick enough on the draw to sell his stocks now, wait for the crash, buy real estate and then escape the bail in. He thinks he's going to be one step ahead.
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  91. 22:39 silver is clearly in the b wave of an elliot wave correction
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  92. KITCO IS BACK INTO THE CRYPTOVERSE
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  93.  @cg3868  it's only what 31kg? Lift more bro.
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  94. Get Brian Belski to debate Steve Van Metre
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  95. no the current price of gold vs food is at it's lowest price. fiat number go up as money printer go brrrr
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  96. but silver is still in low double digits per oz. triple digit silver, when?
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  97. just make your Ark big enough for two of each of all the animals you want to save
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  98.  @calvinvastelli6792  then Paul Volcker failed
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  99. holy shit it's wyckoff? as in the wyckoff method?
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  100. $29000
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  101. 12:33 if you're talking venture capital in Africa, what do you think about Capetown based Invictus Capital's IHF (Invictus Hyperion Fund)?
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  102. fuck Jim Cramer is telling people to buy the dip, which means it is Bear Stearns Bears time.
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  103. If bitcoin finally decouples from the stock market and gold and breaks to the upside vs the over inflated dollar, it will be utterly annihilative to TradFi. Whether that would be a good thing or a bad thing depends on if you have bitcoin. On the other hand if Bitcoin follows Gareth's scenario and dumps when the dollar goes to the moon then EVERYONE gets poor because only the US Government can mine more dollars at the Fed - that kind of deflationary death spiral is the road to serfdom.
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  104. 17:06 how do they enforce the california exit tax?
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