You must have feverishly googled to find dirt on him. Either that or you dismiss ANYONE offhandedly simply for being precious metals dealers. If so, you won't believe the integrity of Andy Schectman either, though he is one of the most knowledgeable commentators regarding the financial future of the global economy.
I also will cite Robet Wolf, a Marxist economist who presents a strong case that supports the "fraudsters" as you call them.
Ask Prof Wolff: Is the U.S. Dollar in Trouble? Wolf states that (From Transcript)
quote:...as the dollar loses its Primacy as more and more people around the world stop using the dollar(or) reduce using the dollar all those advantages and many more I don't have the time to go into will be/are being lost and the impact on the American economy will be large and cumulative over time well then why is the dollar losing its Primacy much of it has to do with geopolitics to put it very bluntly and simply other parts of the world don't want to keep having workers produce and businesses produce valuable goods and services shipping them to the United States and getting in return dollars they want the benefits of a currency like the United States has gotten but they want to share in it too by having their currency become as important as the United States...
And of course Schectman also has a grasp of the implications of the future in global finance. You likely wont watch his presentation either which is fine...but none of you have any valid counter arguments due to the fact that you are simply spoonfed your financial knowledge through listening to mainstream news and the Central Bankers. You are the ones being duped...not I. Oh and by the way, present your evidence that Dr.Stephen Leeb is a fraud.
Next you can look up Schectman. I did, and found nothing that discredited him.
All of the information that Schectman claims can be found easily. Some of it is now font page news. As I said before, you skeptics here at EvC will soon find my "whacky youtube pundits" will soon become mainstream news as the dollar does, in fact, start to unravel.
Quantitative Easing is one synonym, though to be more precise:
Government Debt Monetization In and of itself, the theory has some credibility in the past, though global debt has skyrocketed. The #2 person at the Federal Reserve is a Modern Monetary Theorist, which, as you all know, I disagree with (that philosophy)
Oh and by the way, present your evidence that Dr.Stephen Leeb is a fraud.
Well that took me 15 seconds.
Fund Manager and Publisher Charged With Investment Fraud
"In an administrative complaint, the agency charged that from "at least" March 1992 until "at least" September 1993, Stephen L. Leeb, a fund manager and investment adviser based in New York, and KCI Communications Inc., a publisher of several newsletters based in Alexandria, Va., used a newsletter Mr. Leeb edited as a marketing vehicle to promote a fraudulent investment strategy."
Je suis Charlie. Je suis Ahmed. Je suis Juif. Je suis Parisien. I am Mancunian. I am Brum. I am London. Olen Suomi Soy Barcelona. I am Ukraine.
"Science adjusts it's views based on what's observed. Faith is the denial of observation so that Belief can be preserved." - Tim Minchin, in his beat poem, Storm.
So, an explanation completely devoid of information.
Stop Tzar Vladimir the Condemned!
What if Eleanor Roosevelt had wings? -- Monty Python
One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie
If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy
The reason that we have the scientific method is because common sense isn't reliable. -- Taq
Why would I trust anything Schectman has to say about gold? He sells it for a living. That is literally his job. He is not an expert on the global economy, he is a guy that sells precious metals. I guarantee he has never said that precious metals were not a good investment. About | Miles Franklin
I also will cite Robet Wolf
It might help if you actually knew the names of the people you cite. His name is Richard Wolff. Not surprisingly he is not a well-known or well-respected economist. As I am not a Marxist I disagree with the basic premise of his argument. Are you now a Marxist? I guess you and Wolff need to provide evidence that more of the world is stopping the use of the US dollar.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens
Facts don't lie or have an agenda. Facts are just facts
"God did it" is not an argument. It is an excuse for intellectual laziness.
If your viewpoint has merits and facts to back it up why would you have to lie?
What if Eleanor Roosevelt had wings? -- Monty Python
One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie
If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy
The reason that we have the scientific method is because common sense isn't reliable. -- Taq
A common refrain heard around here focuses on who is and is not an expert in a particular field of study and/or business. Public perception of a problem and varied opinions on the severity of a problem are often dismissed as uninformed and uneducated. How a bug scientist from Oregon could understand finance any better than a self taught grocery clerk with a voracious appetite for knowledge is puzzling. Can a Dragonfly teach you ANYTHING at all about History? About Global Trends? About shifting public opinion? Can simply watching speeches by Jerome Powell and Janet Yellin put you at any more ease than what they are in fact designed to do? (Which is to calm the public and quell rumors) The sources of information which I see are varied, but they all essentially tell me what I need to know. Powell and Yellin are theoretical intellectuals with no clue as to the insights of daily public transactions regarding the money which they are supposed to know about. In such a case, a grocery clerk who interacts with the people who actually spend their hard earned money counts just as much as any vague economics theory degree.
Theodoric writes:
The idiot still has no idea how the economy, financial markets and the government work. You would think with all of his whining, bitching and misinformation he would.have learned something.
Nor does the Historian know anything about how finances work. All that you know, if even that, are orthodox terminology and definitions of terms. You believe your government. You appeal to authority, even though there is no evidence that the authority even knows what they are doing. All that you have to show me is a resume of their college degree qualifications. And thats not good enough.That's because inflation is global right now due to shocks to the global economy by the Covid pandemic, but the actions by the Fed has kept inflation much lower here than in many other countries.[/qs] Did you know that the US essentially "exports" our inflation to other less powerful countries?
Tanypteryx writes:
Please show me where I have ever expressed any opinion about the strength of the dollar.
Im sorry, but I had you confused with Taq. He is the one arguing that the dollar is strong. Numbers and graphs alone do not tell the whole story, however.
How a bug scientist from Oregon could understand finance any better than a self taught grocery clerk with a voracious appetite for knowledge is puzzling.
I'm sure it is.
Phat writes:
Can a Dragonfly teach you ANYTHING at all about History? About Global Trends? About shifting public opinion?
Are you daft?
Phat writes:
Powell and Yellin are theoretical intellectuals with no clue as to the insights of daily public transactions regarding the money which they are supposed to know about.
Yeah, I bet they've never spent money on groceries.
Phat writes:
The sources of information which I see are varied, but they all essentially tell me what I need to know.
And we have watched the things you say here and most of them are devoid of meaning, but they do not demonstrate that you understand the basics of how U.S. and global economy actually works. We are judging your knowledge based on what you say.
Phat writes:
You appeal to authority, even though there is no evidence that the authority even knows what they are doing.
Still waiting for YOUR solution.
Edited by Tanypteryx, .
Stop Tzar Vladimir the Condemned!
What if Eleanor Roosevelt had wings? -- Monty Python
One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie
If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy
The reason that we have the scientific method is because common sense isn't reliable. -- Taq
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