Gordon T Long: Governments & Central Banks Are 'All In' on Financial Repression
Economy | Information | History | Online | Facts | World | Global | Money
Jason Burack had on former Fortune 500 executive and private equity investor Gordon T Long http://gordontlong.com/ on again for another in depth discussion. During this hour+ discussion, Gordon gives his basic definitely of financial repression, why the US, Japan, UK and EU all want it and why it's about to go global for every country as many developing countries are looking to create their own version of capital controls similar to FACTA for US citizens. Jason and Gordon discussion oil prices, oil price manipulation and OPEC, the Swiss Gold Referendum failing and where they see investment opportunities during this insightful in depth discussion. (HINT: Gordon likes oil companies now)
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The establishment is becoming desperate; Oil and Gold have been interminably linked since 1971 the same year the U.S. went off the gold standard, and created the Petro-Dollar.
Recently there has been a concerted effort in the MSM to convince the American People that Saudis are OUR friends and it is safe to trade missiles for Oil.
This is a clear indication that the Western Central Bankers are running out of gold.
This is how the current Oil for Gold trade works…
All OPEC Nations must trade their Oil using the US Dollar, including Venezuela, who is one twelve members: Algeria, Angola, Ecuador, the Islamic Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, and the United Arab Emirates.
As all OPEC members have agreed to trade their Oil using the US dollar; so has the Western Central Bankers agreed to make concession for OPEC’s cooperation.
The Western Central Bankers have set up clearing houses which enables OPEC Nations to exchange their dollars for gold.
The Western Central Bankers would like to change this situation, because they are quickly depleting their gold reserves. -
Currently we are experiencing inflation in nondiscretionary spending, and deflation discretionary spending.
Gas and Oil will continue there downward trajectory, due to over supply in production, and corresponding weak employment numbers. -
Less fuel consumption, due to higher unemployment = Falling equities, falling currencies and higher Gold prices.
That means that more than 41 percent of all working age Americans do not have a job.
This means less fuel consumption through higher unemployment.
According to the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working.
Bureau of Labor Statistics publishes the ‘employment-population ratio’ a statistic that tells us that the percentage of working age Americans, that actually have a job has been below 59 percent for more than four years in a row…
In other words; 41 percent of all working age Americans do not have a job. -
Gordon, I love your perspective and insight and could listen to you all day long, but you should NOT be allowed near a mic or sound controls by yourself! I totally agree with Dan Ihde (see below). It doesn't take big bucks for good sound quality! I vote for financial guys not ever being allowed to touch audio/video controls!
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Gordon's analysis is data driven which is nice.
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Thanks for this. Long was about to elaborate on his optimism by revealing some appropriate investments for a future with even lower interest rates... but the topic changed. Could someone fill me in? What does long invest in? Where are the safe havens... [a broad overview is just fine]. Thanks
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Great interview with Gordon again. Could I ask a favor? I listen to your channel with a laptop computer and I find it very difficult to hear your interviews. I don't know how you could step the volume up. It would be great if you could because you have a lot to offer your listeners, but some of us find it hard to hear you. Thanks.
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Great interview! Agree with you and Gordon on multiple levels. On a related front, I have been a long term investor in MLPs. Nothing like seeing one's investment drop 5 or 10% in a day, particularly after they report solid earnings just a few weeks ago and have take or pay contracts for 3 to 7 years.
Deflationary forces kicking in with this manipulated price plunge in oil. I agree with Gordon that this is a set up for the Central banks to come to the rescue and crank out a new counterfeit program. This will all come to an end some day. In the interim, I am trying to diversify away from the market and buy a small long standing family business. The risk reward is much better than this phony market at the mercy of the banking cartel. Silver and Gold Holiday Cheers! Time to imbibe! -
Mr Long, is probably the best on youtube. Thanks Jason, you are doing well.
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Excellent interview, Gordon T Long makes a lot of sense.
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