Comments by "bighand69" (@bighands69) on "MHFIN" channel.

  1. Nobody really knows what is about to happen in the future. Markets are impossible to predict no matter what people tell you.
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  2.  @petercottier1376  Most of you gold end of the world types always attack people with absolutely no evidence only opinions.
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  3. Charlie for a long while has been saying that quantitative easing was going to come back to bite. This video is their Berkshire Hathaway meeting so they have to be careful what they say because every word is being listen to.
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  4. But that does not guarantee that gold will stay or track inflation. Historically speaking gold does very well in the market place but it does not mean it is a guarantee.
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  5. Nobody can predict that hyperinflation is going to happen no matter what they claim. 3 trillion of quantitative easy will affect the US economy at some point but that does not mean it will be hyper inflation. US asset base is in excess of 1000 trillion dollars. The government of the US can tap into about 200 trillion of that and currently have about 50 trillion of head room before they would not be able to do anything. We probably are at some point going to see a 1970s style economy or worse still a 1930s economy.
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  6. I wish some of you would listen to what he is saying. He is not saying he is against gold backed money, He is saying he does not invest in gold and many of you simply cannot hear that.
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  7. I have been noticing it on raw materials for the last several years and have made several large inventory buys that give a 18 month buffer on inflation but at some point I am going to notice it at as well. The truth is real historical inflation over the last several decades has probably been close to 7%.
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  8. @B.T. What are your current debt levels and total mortgage? Everybodies main goals should be to get mortgage free.
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  9. He says he does not buy gold as an actual investment.
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  10. Or how about he is correct. Nobody can predict how markets react or how gold is value. Markets are not predictable no matter what people tell you. You actually want to predict the future value of gold on the basis of the way David sits in his seat? Can I ask you do you read tea leaves.
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  11. Yes that is called inflation but that is not the same as hyperinflations.
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  12. Golds price is not guaranteed to inflation. The idea that is just pure speculation. There is nobody that can predict the markets and that also includes those that are into gold.
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  13. The reset has nothing to do with the current state of economy. It is a power grab by those on the left who want to use it to engineer society in their vision. The US still has the ability to deal with situation. US total assets are probably worth near to $1000 trillion with total debt liabilities of about maximum $100 trillion so there is still plenty of space to deal with the problem. Now the EU does not have that level of space because is new and does not have the trust or resources open to it.
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  14. Kevin Ford That makes no sense.
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  15.  @alanwayne7643  No amount of money can allow you to control markets. Even governments trying to put trillions into the market can control it with certainty.
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  16.  @dwightschrute7021  None of what you have stated would allow Buffett to succeed the way the has. He knows how to pick good companies and make money on them. There is no secret in what he is doing and he is not the only person to do this. Picking a business that is profitable, stable and with a bright future is not complicated and he is very clear in what he does. His businesses are not sitting 150 billion cash by accident or with luck.
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  17. But that does not mean gold will keep in line with hyperinflation. One of the key points with hyperinflation is the fact it is impossible to predict and to know its outcome. People throw the term around too easily and I do not believe the US is heading for hyperinflation.
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  18.  @charliesav4902  Water purification system can be made with a bucket of sand. Gold is something that has tangible worth as it has industrial usage and also is a good exchange constant. Gold is not an investment it is something to hold value nothing else.
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