Highlights
0:05 - Question: "According to the financial media, the world has 'fallen out of love with gold.' Is this really true?"
0:40 - The world cannot fall out of love with something it never loved in the first place - but it will fall out of love with fiat currencies.
2:03 - The time to buy gold is when everyone hates it. That's why it's so cheap.
2:30 - Question: "In your last Gold Videocast, Jim Rickards said that gold price manipulation is true. Why do you keep ignoring this issue"?
2:40 - Even if gold is being manipulated, I still want to own it.
3:10 - If manipulation is true, it allows my clients to buy more at artificially low prices.
3:38 - Manipulation cannot go on forever. Before long, free-market forces overwhelm artificial price controls.
4:17 - Question: "You keep warning about hyperinflation and a collapse of the US dollar, but it hasn't happened! Has our modern banking system solved this problem?"
4:43 - You have to warn about things in advance to give people time to prepare, which is exactly what I did with the housing bubble.
6:03 - A recent article mentioned widespread Shrinkflation. If a company charges the same price for less of a product, that's still inflation!
6:55 - Inflation will become hyperinflation if the government doesn't take drastic measures.
7:15 - Question: "You always recommend gold as the best way to protect one's wealth, but I can't afford it. Is silver a good alternative?"
7:28 - Silver coins are better for small barter transactions.
7:57 - There is more potential for upside in silver. So if you can only afford a little right now, why not get started with the metal that may give you more bang for your buck?
8:10 - Eventually, you should hold both metals, but for some people it makes sense to get started with silver.