OUTLOOK 2014: US To Be World Economy's Engine, Gold in Triple Digits? - EDC Comments - Kitco News

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1. I come from the fuuuutuuuureee....... And everything this guy said was a lie.
2. The origin of the world inequality is simple and easy to calculate:
    
   Modern world is ruled by the great oligarchies: businessmen, merchants, politicians, clerics, and army.
    
   They and their fans, keep half of humanity in misery on behalf of their insane privileges, and they are corrupting and devastating the whole planet.
    
   “Do not dream of the vanity of becoming rich, because you will increase the poor”: Pythagoras, 6th century B.C.
    
   Actually these five castes and their henchmen, have only two option: change their behavior trying to repair the destruction and suffering they are causing, or pray for God does not exist, because, if He exists, surely He is engaged in preparing for them precious luxury suites in Hell.  ("Money can´t buy Heaven": Martin Luther, 1517).
    
   As Pythagoras well calculated, if there exist poor people, it is because there exist rich people, so: What is the right price of goods and services?  The answer is …..
    
   (To read the complete writing follow the link: “Ad Gut-Gar-Google+” in your browser. There, choose the button: “About”, and the writing is in “Story”)
3. hope so!
4. These are exciting times now. Spiritually, physically and consciously, there is a shift occurring, we are about to experience spectacular changes. The U.S. and worldwide, people are waking up. People are standing up for their rights and fighting corruption in their country. Look what Iceland did. They arrested the criminals in their government, chased the cabal out of their country and rewrote their constitution. We will too. The Event (Freedom Movement) will happen very soon and peacefully. Everything is in place and ready. Just waiting for the green-light. Don't do anything crazy and start rioting. That's not who we are. The cabal is desperate and are throwing all kinds of false flags at us. The cabal/political elites are defeated at all fronts and all will be arrested very soon. The Constitutional Sheriffs and the positive military needs to help kick start this Event into full gear. We the People are the rulers of our country and the Constitution is the supreme law of the land. We the People will run our country for now on. Congress and the Federal branches are not needed. As we have seen, position of power entrusted to a few is the gateway to corruption. The government is a service program for the American People, not our big brother. Wake Up People and Be Aware!!! Spread the word!
5. 3:00
   Thank's North Dakota
6. Man, is this guy gulping down the Keynesian cool aid. I could only listen to half the interview since I found his reasoning simply brushed aside the dire reality. Anyone that cites government stats and the market as evidence of economic strength is either inept, dishonest, or a true believer.
7. It has only taken $1trillion a year to keep a miniscule amount of growth. In fact all positive gdp growth has been a product of artificially low rates and fed balance sheet expansion and market operations. Good luck unwinding the balance sheet while keeping rates low... lol. 
8. a great guest
9. Recovery...maybe this guy has never been to walmart or is that Chinamart.
   If nothing is made here anymore, then there is no recovery.
10. Recovery? More likely the biggest bubble in the modern history...
11. What is the Canadian Export Credit Agency (CECA)? 
    
    Answer:
    
    A Canadian government corporation and I quote their website;
    
    "We collect interest on our loans and premiums on our insurance products. We also have a treasury department that sells bonds and raises money in global capital markets."
    
    If any employee bureaucrat of the CECA talked down the economy and talked up precious metals then he or she would be looking for a new job!
    
    Let's deal with the facts:
    
    - The printing presses are working overtime and increasing numbers of Western Country middle class jobs are being outsourced to Asia and India. 
    
    - A lot of capital is being allocated at home to speculation and abroad to Asian economies.  The winners and workers of these economies save with gold. 
    
    - The building and housing industries are one of the last employment draw cards left and so the UK, US, Australia and Canada are all inflating their property markets but this risks an eventual collapse.
    
    - Bonds and many financial derivatives are just about ready to self-destruct and the CECA bond placement division wouldn't exactly have a positive outlook on gold regardless of the situation.
    
    - CECA clients would most likely be exporting to the US and China and if the US economy 'tanks', then CECA clients are going to struggle, as will the financiers of the exporters (ie the CECA).
    
    - We can certainly hope that the US has a massive recovery that lifts the World out of its financial depression but hope just doesn't stack up against all the debt, the massive youth unemployment and the fact that China is hording gold and is no longer buying US treasuries.
    
    - History shows that when Western treasuries start to drain of real money (gold & silver) then the battleships are launched to correct the trade imbalances. 
    
    - I am quite positive about the US economy in the long-term but only because they will seek to do what the British did during the Opium Wars and the outcome for gold will be spectacular - if you can avoid being killed in the conflict.   There is just a little problem in that nuclear weapons will need be used.
12. Dubious and Largely Keynesian conjector,I would bet against his rosy outlook!
13. Gold Paper will be zero.
14. us will fail. debt can not be paid now nor never.this is a waiting game hope you no how to play the game
15. looking at these comments, thank god im not the only one who is like wtf with this video. How are we suppose to have any growth once they allow interest rates to go up? and if they dont, hyper inflation in assets will continue, and then with the massive amount of people(baby boomers) pulling money out of their 401k which will start to get hit hard in 2016 due to the tax rule that they have to start withdrawling at age 70, and more and more people coming into retirement, it will cause inflation to transfer from assets to the consumer side... correct me if im wrong, but were on track for the next depression, not like anyone didn't expect it. Average time Is 75-80 years.... I wonder how long they can hold this off for...
16. U.S. To Be World Economy's Engine, Could That Mean #Gold In Triple Digits? — Export Development Canada's Chief Economist Speaks w/ #Kitco News' Daniela Cambone | #OUTLOOK2014 ▸ http://youtu.be/G4zW7ZAqy4o
17. There won't be any available mined gold left if price drops under 1000$, instead of importing 130 tons a month, China would import 250 tons a month...