"There's No Going Back After This, Prepare for a Global Gold Standard" - Bob Moriarty
Summary
TLDRIn this video, Bob Moriarti, founder of 321 Gold and 321 Energy, warns of an impending economic collapse due to the conflict between Western debt-based and Eastern resource-based systems. He predicts a stock market crash, exacerbated by geopolitical tensions, particularly the Israel-Hamas conflict, which could escalate into a global conflict. Moriarti emphasizes the importance of precious metals and tangible resources as safe havens, advocating for a shift to a sustainable resource-based economy and the potential return to the gold standard.
Takeaways
- π The West and East/South are in conflict over economic systems; the West is debt-based, while the East/South is resource-based.
- π Bob Moriarti, founder of 321 Gold and 321 Energy, predicts a significant stock market crash in the U.S., with the S&P 500 and other indexes having already peaked.
- πΌ The U.S. economy is heavily influenced by paper shuffling, which Moriarti estimates at 30-32% of GDP, but contributes nothing to real production or value.
- π‘ Moriarti emphasizes the importance of transitioning to a real economy based on tangible production and resources.
- π¨ He warns of escalating geopolitical tensions that could lead to the collapse of the global monetary system, with the potential for World War III.
- π£ The Israel-Hamas conflict is highlighted as a significant risk factor that could polarize and escalate into a global conflict.
- π The U.S. banking sector is facing a crisis, with banks hiding hundreds of billions in losses through the Federal Reserve's term loan facility.
- π China's selling of treasuries and the U.S.'s financial maneuvers, such as allowing the EU to 'steal' interest, indicate instability in the global financial system.
- π¦ Japanese banks are preparing for a significant sell-off of government bonds, which could trigger a chain reaction affecting interest rates and inflation.
- π€ Moriarti expresses skepticism about the West's ability to prevail in a global conflict, given its reliance on a failing debt-based system.
- π He is confident in the value of precious metals like gold and silver, which he believes will become more valuable as the world transitions to a resource-based system.
Q & A
What is the main conflict described in the video script?
-The main conflict described in the video script is between the debt-based system of the West and the resource-based system of the East and South.
What does Bob Moriarti predict regarding the US stock market?
-Bob Moriarti predicts a significant stock market crash in the United States, with the initial phases of the crash beginning in the current year.
What does Bob believe will trigger a series of events leading to a substantial stock market downturn?
-Bob believes that the current state of the US economy, the unfolding crisis in the banking sector, and the Federal Reserve's aggressive measures to curb inflation will trigger a series of events leading to a substantial stock market downturn.
How does Bob perceive the potential outcome of escalating geopolitical tensions?
-Bob suggests that escalating geopolitical tensions could rapidly lead to the complete collapse of the global monetary system and increase the likelihood of a global conflict.
What does Bob argue about the West's reliance on a debt-based system?
-Bob argues that while the West relies on a failing debt-based system, countries in the East, led by China, recognize the danger and are proactively transitioning to a more sustainable resource-based system.
Why is Bob confident that precious metals like gold and silver will become more valuable?
-Bob is confident that precious metals like gold and silver will become more valuable as events unfold, due to the shift from a debt-based to a resource-based system.
What unusual action did the fifth largest bank in Japan announce?
-The fifth largest bank in Japan announced that they were going to sell $63 billion worth of government bonds between the current time and March.
What is the term loan facility from the Fed, and how does it relate to US banks' losses?
-The term loan facility from the Fed allows banks to pretend that their bonds, which may have significantly decreased in value, are still worth their original amount. This has allowed US banks to hide hundreds of billions of dollars in losses.
What does Bob believe about the future of the global economy and currencies?
-Bob believes that the world will eventually return to the gold standard, with all currencies, including the US dollar, valued in terms of gold.
How does Bob view the situation in Gaza and its potential global impact?
-Bob emphasizes the importance of the situation in Gaza, stating that the US government must intervene to prevent the entire globe from being set ablaze, as the conflict could further polarize countries and potentially mark the beginning of World War III.
What is Bob Moriarti's background, and what platforms does he use to share his insights?
-Bob Moriarti is a highly decorated former US Marine pilot, and he shares his insights on the natural resources sector through his online platforms, 321 Gold and 321 Energy.
Outlines
π Economic Systems Conflict and Predicted Market Crash
The video script discusses a looming conflict between the debt-based economy of the West and the resource-based economy of the East and South. It suggests that the current financial system, which includes a significant portion of paper shuffling that contributes nothing to the real economy, is unsustainable. The speaker, Bob Moriarti, founder of 321 Gold and 321 Energy, has been predicting a significant stock market crash in the U.S. He believes that the U.S. economy, banking crisis, and the Federal Reserve's aggressive measures to combat inflation will lead to a substantial and prolonged downturn. Moriarti also warns of escalating geopolitical tensions that could lead to a global monetary system collapse and a potential World War. He advocates for a transition to a more sustainable resource-based system and sees precious metals like gold and silver as valuable assets in such a scenario.
π Geopolitical Tensions and Economic Instabilities
This paragraph delves into the geopolitical tensions and economic instabilities affecting the global financial markets. It highlights the conflict between Israel and Hamas as a potential catalyst for further polarization and a possible world war, which would have dire consequences for global economies. The speaker criticizes the U.S. government's actions, such as allowing the EU to seize Russian assets and the Supreme Court's stance on misinformation. The narrative emphasizes the importance of tangible resources like precious metals as safe havens in the face of an anticipated economic collapse. It also touches on the leadership in Israel's aggressive stance and the potential for a nuclear conflict involving multiple nations.
π° U.S. Debt Crisis and the Future of Global Currencies
The final paragraph focuses on the U.S.'s massive national debt and its implications for every American citizen. Bob Moriarti expresses his belief that silver will outperform gold as investors seek safer alternatives during the predicted economic downturn. He calls for preparedness for the challenges facing the U.S. economy and the dollar, and possibly the global economy. Moriarti also predicts a return to the gold standard, where all currencies, including the U.S. dollar, would be valued in terms of gold. He acknowledges resistance from those benefiting from the current fiat system but maintains that gold will be seen as a stabilizer for the global economy when drastic measures are needed.
Mindmap
Keywords
π‘Debt-based system
π‘Resource-based system
π‘Paper assets
π‘Stock market crash
π‘Federal Reserve
π‘Inflation
π‘Geopolitical tensions
π‘Precious metals
π‘Treasury bonds
π‘Interest rates
π‘Gold standard
Highlights
The conflict between the debt-based system of the West and the resource-based system of the East and South is escalating.
Paper assets are predicted to return to their real value, indicating a significant shift in the economy.
Bob Moriarti, founder of 321 Gold and 321 Energy, forecasts a substantial stock market crash in the United States.
The US economy's paper shuffling is estimated to be around 30-32%, contributing nothing to the real economy.
Moriarti suggests that escalating geopolitical tensions could lead to the collapse of the global monetary system.
The Israel-Hamas conflict is seen as a potential catalyst for further polarization and possibly World War III.
Precious metals like gold and silver are expected to increase in value amidst the unfolding economic events.
Japan's fifth-largest bank announced plans to sell $63 billion worth of government bonds, impacting interest rates and inflation.
US banks are hiding hundreds of billions in losses with the term loan facility from the Federal Reserve.
China's sale of $53 billion in treasuries and the US's agreement to allow the EU to steal interest highlight international financial tensions.
The Supreme Court's stance on misinformation and government censorship could have significant implications.
Bob Moriarti emphasizes the importance of intervening in Gaza to prevent global escalation.
Moriarti believes that the world is transitioning from a debt-based to a resource-based system for sustainability.
The potential for nuclear conflict in the Middle East and the involvement of global powers is a significant concern.
The leadership in Israel is described as 'totally insane,' with threats of World War II being a real possibility.
The US is deeply in debt, with each American owing approximately a million dollars.
Moriarti predicts that silver will outperform gold as investors seek safer alternatives during an economic collapse.
The world may eventually return to the gold standard, with currencies valued in terms of gold.
Influential individuals benefiting from the current fiat system will resist a shift to gold standard, but it may become necessary.
Transcripts
we are in a conflict between the debt
based system of the West and the
resource based system of the east and
south and the bricks paper assets are
about to go back to their real value
okay I I think the paper shuffling is 30
or
32% of the US economy and frankly
shuffling pieces of paper adds nothing
to any economy we need to go back to
real Economy based on real production
and real value and we're going to okay
Bob moriarti is the founder of 321 Gold
and 321 energy online platforms where
the highly decorated former US Marine
pilot and his wife share their insights
on the natural resources sector Bob has
been forecasting a significant stock
market crash in the United States in
recent months last August he predicted
that the SNP 500 and other us stock
market indexes had peaked and that the
initial phases of the crash would begin
this year according to moriarti the
current state of the US economy the
unfolding crisis in the banking sector
and the federal reserve's aggressive
measures to curb inflation regardless of
the impact on citizens will set off a
series of events leading to a
substantial and prolonged stock market
downturn in his latest interview with
Andy Mallette on the natural resource
stocks YouTube channel Bob gives even
more alarming and dire predictions about
the US economy and heightening
geopolitical tensions worldwide He
suggests that escalating geopolitical
tensions could rapidly lead to the
complete collapse of the global monetary
system Bob believes that the Israel
Hamas conflict will further polarize
countries in the West and East and could
even Mark the beginning of World War I
as the situation escalates the
likelihood of a global conflict
increases which would undoubtedly have
severe consequences for Global Financial
markets Bob also expresses doubt that
the West would emerge victorious in such
a scenario he argues that while the West
relies on a failing debt-based system
countries in the East led by China
recognize the danger and are proactively
transitioning to a more sustainable
resource-based system this is why Bob is
confident that precious medals like gold
and silver will become even more
valuable as events unfold we will
present clips from Bob Mora's interview
please share and like this video also be
sure to subscribe to the channel turn on
post notifications and leave your
comments and observations below thank
you and enjoy the video there was a very
interesting report coming out of Japan
the fifth largest bank and I I I would
not like to insult Myself by trying to
pronounce it because there's no way I
could do that but the fifth largest Bank
in Japan publicly announced that they
were going to sell $63 billion worth of
government bonds between now and March
and that was a bizarre thing to say
because first of all it it's going to
make every other bank in Japan front run
them and and second of all a big hit in
interest rates and inflation in the
United States that is pulling the plug
on the sess pool and is is going to get
ugly we know the US banks are hundreds
of billions of dollars in losses but
they've been able to hide it with the
term loan facility from the Fed so the
FED says look if you got $100 million
worth of bonds that are only worth $60
million now we will pretend it's really
worth 100 million at well well front
running the money well that's all well
good but it doesn't change the fact that
when insance rates rise as fast as they
did in the last two years somebody's
going to get hurt severely so in in
March of last year when they had three
or four Banks crash at the same time the
FED stepped in and back stopped banks in
the United States but these guys are all
sitting on hundreds of billions of
dollars in losses that they're going to
have to take at some point well they
don't have that situation in Japan and
Japan actually has to write their losses
so this literally is the start of
flushing the to there are 360 or
something like that banks in the United
States are underwater and at some point
they're going to go under there are so
many things happening that are dangerous
to the dollar that at some point it's
going be obvious to everybody uh China
just sold 53 billion in treasuries and
they've been unloading treasuries for
two years and and either in the G7 I
think it was G7 or the peace conference
in in Switzerland uh the United States
agreed to allow the EU to steal $50
billion in interest on whole Le Russia a
and candidly that stealing okay I I
don't care how you term it I don't care
why you term it that's Steely and to
steal $300 billion in total and then the
interest from that to feed the military
industrial complex and the most corrupt
country in Europe Ukraine is absolutely
to me so the United States has just said
we're get steal from you if we can get
away with it now I'll give you one
better because I I don't care how
current you are there are things
happening that are so scary that you you
cannot possibly keep up what did the
Supreme Court just say about
misinformation they got to finish their
term by 30th okay so they just came out
today and said if the government wants
to censor this information they can't
now I'll ask his simple question I
always ask simple question Ordinary
People can answer who is the biggest
source of disinformation in the world
the US government thank you it's no news
that the General State of Affairs in the
US and pretty much elsewhere in the
world is quite unpalatable to say the
least our systems are collapsing rapidly
and our governments could not care less
it would seem they are more interested
in obeying organizations like the world
economic forum and helping them achieve
their dastardly aims for the world
during the interview with Mallette Bob
emphasizes the importance of what's
happening in Gaza stressing that the US
government has to intervene to bring
things under control before the entire
Globe is set Ablaze whatever lies ahead
for the global populace and economy Bob
is certain that people will find safety
and shelter in precious metals and other
tangible resources as he believes the
world is finally moving on from a
debt-based system to a more sustainable
resource-based system let's get back to
the
video Israel invades L and has La
attacks Israel with 100,000 to 150,000
Rockets and missiles we will have
nuclear war Israel is begging to Nuke
Lebanon and they were begging to n Syria
and they are begging to n Iran and of
course if they do that Egypt will come
in Turkey will come in Russia will come
in China will come in and and I I wish
someone would get on the phone with BBE
and make a deal with it and and we could
stop this problem in in one V call hello
B we're going to let you drop the first
nuke okay but when you do we're going to
Flack Israel with the second uh the
strange thing is the the leadership and
I use term in the loosest form the
leadership in Israel is totally insane
right now they are threatening uh World
War II and they they they went into
Lebanon in 2006 HB kicked ass you didn't
read about it in the mainstream media in
the west because nobody reported it but
hasah through Israel out of Lebanon in
2006 now again a semick question BBE
Netanyahu defined the purpose of the
invasion in Gaza to eliminate Hamas have
they succeeded no absolutely not if you
ran a campaign for recruiting Hamas you
would do exactly the way BB Netanyahu
just did it we are in a conflict between
the debt based system of the West and
the resource-based system of the East
and the South and the bricks paper
assets are about to go back to the real
value okay I I think the paper shling is
30 or
32% uh of the US economy and frankly
shuffling pieces of paper adds nothing
to any economy we need to go back to a
real Economy based on real production
and real value and we're going to okay
but right now given the choice between
holding shares in a resource company or
holding a t- b it's like no question at
all you could sniff the t- bill and
realize somebody used it it's toilet
paper uh resources are important and we
need resources and we don't need t-s I
I'll give you a number it's scary you're
going to enjoy this please how's your
math poor but give it to me anyways okay
we are about 40 34 trillion in Deb ni
and we have a nice number we have about
340 million Americans how much debt is
there per American I am I don't know but
tell me but if you put the numbers up
because you got 34 on the top and 34 on
the bottom all you to do is G zero we
got a million dollars in debt per
American I am screwed a actually I was
talking to the head of the treasury
today and he he he knew I was going to
talk to you and he wants your check for
million tomorrow Bob moriarti believes
silver will outperform gold as investors
seek safer Alternatives during the
anticipated economic collapse however
the veteran investor remains grounded
focusing Less on price surges and
unrealistic targets he urges Americans
to prepare for the impending challenges
facing the US economy the dollar and
potentially the global economy
regardless of how one views the
situation it is clear that difficult
times lie ahead and we must be well
prepared to navigate through them
successfully he also believes that the
world will eventually return to the gold
standard with all currencies including
the US dollar valued in terms of gold he
asserts that the influential individuals
who currently benefit making trillions
of dollars annually from the existing
Fiat system will resist this change
however he believes that when a drastic
measure becomes absolutely necessary
gold will be seen as the solution to
stabilize the global
economy what are your thoughts on Bob
morat's interview and his grave warnings
for Americans please share your comments
and observations in the section below
additionally don't forget to like this
video subscribe to the channel and turn
on post notifications for more content
like this thank you for watching
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