Goldtent TA Paradise

Martin Armstrong – A Great Depression is About to Begin

1. Plunger says:

   May 20, 2023 - 7:04 am at 7:04 am

   So the market says buy the dip as it keeps running higher

   • Farmer says:

     May 20, 2023 - 7:13 am at 7:13 am

     Hunh? Not sure what you mean Plunger.

     This video is way too long by the way. I probably should not have posted it because Marty keeps repeating the same old stuff. But I agree with him on an approaching depression. It is inevitable due to the money supply contraction and rising interest rates. We are heading for that world of not being able to determine the value of assets. Debt is always known since debt is fixed. But assets are a fiction in the eye of the beholden. My house is worth XYZ is the perfect example….until its not and nobody wants it nor can they borrow to buy it. That’s when real value comes back into play and the actual debt has meaning.

2. Farmer says:

   May 20, 2023 - 7:42 am at 7:42 am

   Just skip ahead to the 45:00 minute mark if you have not already watched this. That way you can avoid Marty’s old repeat material and get to the nuts and bolts where he talks about why stock markets will rise in this next crisis along with gold and housing.

3. Nightingale says:

   May 20, 2023 - 7:55 am at 7:55 am

   Of course a Depression is full force ahead. Not only due to inflation due to all its causes and certainly with people having no job wanting to sell stuff to get some money to make things end BUT the main driving cause for depression is and will be the diminishing population. At a certain point All ITEMS will be in over-supply while demand is (literally) diminishing. This includes RE as well. That is also why I have stated before that Au/Ag at certain point gives no value. Hence the phrase: you cannot eat gold. Years back we ‘goldbugs’ could not have foreseen this scenario. And here we are. Forget about becoming rich with Au-investment. This time is truly different.

   This is 101-economics. Brace yourself. IMO.

4. Spock says:

   May 20, 2023 - 8:42 am at 8:42 am

   One may be hedged against a currency collapse and sovereign debt default.

   But war after 2024 is the main concern. How many young people will die? And for what?

   • Farmer says:

     May 20, 2023 - 2:03 pm at 2:03 pm

     I have to admit Armstrong is getting confusing. On the one hand he says we need to crash and burn and on the other he says that housing and stocks will rise in the Depression. What kind of a depression is that where people get wealthier? How is that like a crash and burn which obviously implies destruction of assets and wealth? Makes no sense to me.

     • Fullgoldcrown says:

       May 20, 2023 - 2:59 pm at 2:59 pm

       He needs to address that Sir Farmer. Good Point . Do you have a connection to ask him wtf he is talking about ?