Middelkoop is an interesting guy to listen to - here's a Feb 5 interview - mainly about silver, gold, palladium, etc, but in the middle he discusses the [avoidable] collapse of the fiat money system. He keeps bringing up in this interview the speech of Mark Carney , then Bank of England boss, at Jackson Hole, Wyoming July 2019 [pre Corona time....] when the looming crisis was analysed. Middelkoop though that Carney was brought in to deliver this because he was at arm's length from the dollar. 25 per cent of all dollars created have been in 2020! The dollar is becoming worthless against gold, iinflation is increasing. But Middelkoop reckons the central banks won't allow their system to collapse, or that they would invest themselves in bitcoin.xileffilex wrote: ↑Sun Nov 08, 2020 5:17 pm ^^ good find, Rachel. I guess Middelkoop's Big Reset is rather buried by mentions of the Great Reset since June 2020.
His twitter feed is interesting and informative, and he's naturally highlighting his prognostications from 2014 at the moment.
video interview to watch from 2014...
Not sure if keeping money in a stocking is much use now as the huge amounts of fiat money being created at the moment must lead to inflation [at a time of negative interest rates]
The digital SDR could include the Chinese Yuan and some degree of revalued gold. But he isn't pressed by Daniela Cambone on what and when and how long printing the dollar - or other currencies - can continue in 2021.
Other commentators suggest a collapse in the dollar which could be soon and fast, in contradiction of Middelkoop.
Sit tight. Perhaps buy physical gold and silver...
This will be, though, the big monetary reset. So perhaps no Weimar style hyperinflation, but who knows what.