Greg Hunter interviews Gordon Long, private investor and founder of MATASII.com, to discuss the financial markets, gold, and what he sees coming this fall.

Topics:

• "You can no longer call our economic system Capitalism!" -- bleeding the investment capital out of the system (1:36);

• "Debt today now consumes most of the productive capital being created" (4:06);

• It goes on until the (fiat) currency dies -- You do it until no one will take the money -- relationship between gold and interest rates -- gold manipulation (5:45);

• Gold and silver market suppression -- it could go on a bit longer -- credit cycle and business cycle is wanting to roll over -- central bank balance sheets will continue to explode (7:20);

• Gold and silver are cheap right now -- when the system breaks there will be an abrupt revaluation of gold and silver -- 70% devaluation of US Dollar -- stability will need to added back to the monetary system (8:31);

• Market phases chart - Stealth Phase (smart money), Awareness Phase (institutional investors), Mania Phase (Public), Blow Off Phase -- We are in the Mania Phase at the point of Delusion -- New highs still coming in stock market (11:34);

• When "Fear Strikes" there will be a flight into the US Dollar initially -- Driving a rebound in the market -- Quickly after that the US Dollar will collapse -- US Dollar will be last to collapse (14:39);

• Make sure you have: Physical gold, physical silver, cash, and assets that will withstand the collapse (ownership of land, house, car, and real stuff) -- No ETFs (15:55);

• "Delusion Phase" -- markets at (near) all time highs when threats of war -- more serious than Cuban Missile Crisis -- it is not a free market -- 72% of U.S. businesses not making money -- zombie corporations (16:50);

• Markets being held up by debt -- global yield chase (19:38);

• Who's buying the bonds? -- Unrepatriated Offshore Profits (US companies with most offshore cash) (20:40);

• What could possibly go wrong? -- decreasing cash flows -- law to repatriate the offshore cash (22:20);

• U.S. does not have a $20T debt, it is really a $84T debt based on unfunded liabilities -- we are now paying out more than is coming in -- $210T in contingent liabilities -- the world economy is walking a tight-rope (24:06);

• How soon is a collapse coming? -- Scare coming this fall, resulting in more quantitative easing -- larger collapse in consumer confidence coming the spring of 2018, but maybe a bit longer -- FED co-chair stepping down (26:44);

• U.S. retail space -- 10,000 stores shutting down this year -- massive wealth and capital destruction (30:30);

• And more...

34 minute video by Greg Hunter published 26 September 2017

Link Associated with this Interview

USAWatchDog Article: Gold Price Will Explode When System Breaks – Gordon Long

Source:

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