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Financial Repression

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Published : November 05th, 2014
497 words - Reading time : 1 - 1 minutes
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Category : Gold and Silver

SPECIAL GUEST: NICK BARISHEFF, Nick Barisheff is the President and CEO of Bullion Management Group Inc., a bullion investment company which provides investors with a cost-effective, convenient way to purchase and store physical bullion. Widely recognized as a North American bullion expert, Barisheff has written and been quoted in numerous articles on bullion and current market trends.

24hGold - Financial Repression

33 Minutes

Nick Barisheff Talks FINANCIAL REPRESSION and the Real Chinese Gold Inventories.

Financial Repression is a massive wealth transfer from the savers to the borrowers, where the borrowers are primarily the government and Wall Street. It is done so subtly that the vast majority of people are unaware of their loss of purchasing power over the years of true financial repression.

It is simply about real negative interest rates which are worse than most realize if you use John Williams' ShadowStats inflation rate of close to 10% in the US. Presently negative real interest rates are witnessed worldwide in all the heavily indebted developed economies.

24hGold - Financial Repression

These Governments haven't been able to get out from under too much debt by either: 1- Austerity measures, 2- Taxation policies, 3- Inflation or 4- Economic Growth. The only politically expedient solution left is Financial Repression. The middle class feel this in two ways: 1- Lost interest income and 2- Earned income through wages not keeping up with inflation.

As a gold expert, Nick Barisheff believes gold should be included in investor's portfolio as insurance. Gold should normally be 10% of assets but presently should be considered strategic and the allocation should be closer to 20%. He cites why but startling lays out the degree to which China is presently acquiring Gold.


The Real Chinese Gold Inventories?

Nick believes China is closer to 5000 tons of gold than the 1000-1700 currently reported by official sources. He believes China is acquiring physical Gold in its Sovereign Wealth Fund which doesn't have to report it to anyone. The last time they did the Chinese Central Bank Gold Reserves went from 800 to 1600 tonnes. They haven't reported in five years.

24hGold - Financial Repression

During this 5 years Nick argues the gold is coming from Leased Gold. There has been approximately 1500 tonnes per year in net leasing over the last 10 years.

Nick believes when this all becomes properly understood it will send shock waves through the system


Gold Expropriation

There is no answer to how governments might react to markets suddenly pushing Gold prices up dramatically. Nick is skeptical of countries expropriating gold from its citizens like the US did in the 30's but investors need to be prepared for surprise reactions. His view is the best answer is Diversification within the 6 Investment Asset Classes and within the Precious Metals class to be diversified between gold, silver and platinum. There have never been government attacks on Silver and Platinum.

  • Investors should be Diversified
  • Investors must Educate themselves
  • Investors Under Current Conditions should Strategically hold 20%

This is a most watch video for anyone interested in Gold Investing.

Data and Statistics for these countries : China | All
Gold and Silver Prices for these countries : China | All
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Mr. Long is a former senior group executive with IBM & Motorola, a principle in a high tech public start-up and founder of a private venture capital fund. He is presently involved in private equity placements internationally along with proprietary trading involving the development & application of Chaos Theory and Mandelbrot Generator algorithms.
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