John Feneck, founder of Feneck Consulting, discusses the coming stagflationary period that will erode the average saver’s wealth with David Lin, Anchor and Producer for Kitco News at the PDAC in Toronto.
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email john.feneck@yahoo.com
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Newsletter = “Feneck Commodities Report”, covers all Commodities
0:00 – Bear market
2:41 – The Fed’s hawkishness?
4:29 – Recession
7:38 – Silver, gold and miners
12:22 – Assets with most downside
13:20 – Oil and inflation
14:25 – GDX and miners
17:26 – Palladium
#gold #stocks #recession
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46 Comments
Jesus is the way, the truth and the life
🕊️🌺🤍
After the crash, the Fed chickens out and reverses their policy and lowers interest rates again and restarts the printing presses, flooding the world with dollars, igniting hyperinflation.
First they wipe out debtors with high interest rates, then they wipe out savers with hyperinflation. The only people left standing in the end are those who held on to hard assets through the whole rollercoaster ride.
It would be great if these interviews, started with, telling the date.
Sometimes they get reposted, by other sites, months later.
He looks like a shorter.
Good picks from John, I like AUMN and Clean Air Metals myself
John so knowledgeable and humble. A rare combination 👏
50 Grand a year with a family? That is not even middle class. Inflation has gobbled up purchasing power so quickly that I suspect a family income has to be at least 80 k to be middle class in modest cost of living areas and 120;k on the coasts.
This is 2 weeks old!
Because price is driven by investment demand- in a recession many folks especially in Asia sell their silver ( savings) off driving the price down.
The times have shown you should never go all in on any trade, no matter how much you know it’s gonna go. It will go, but on it’s time frame not yours. Leave some money for dips and trade other plays in meantime. No matter how small or large you’re working with.
Most of the country is already in a recession. Wait till it hits the top 20%.
Investing anywhere other than bitcoin during these early adoption years is inefficient
Nothing perplexing at all it’s all manipulated by the goddamn rich
WE MUST ALL PRAY TO DONALD TRUMP!!!! ONLY HE CAN ENSURE THIS RAIN EVENT WILL ACTUALLY VERIFY!!! ONLY DONALD TRUMP CAN MAKE IT RAIN!!!! ONLY TRUMP CAN SAVE HOUSTON FROM DROUGHT!!! WE MUST BOW DOWN AND WORSHIP DONALD TRUMP!!! WE MUST PLACE A CROWN OF GLORY ON HIS HEAD!!!!!!! DONALD TRUMP IS GOD ALMIGHTY!!!!!!
Silver is the dumbest trade ever.
Doesn’t silver oscillate between $17-27 dollars pretty consistently? I’ve heard that you could trade silver alone for like 20-30% returns annually it you just buy the low and sell the high.
And silver is more so an industrial metal than it is a store of wealth. Plus its manipulated by big tech.
Oil prices are up due to hidden Biden policy against the industry.. not Russia. Watch Mark Moss on the subject – most informative video out there regarding oil prices.
I keep lossing money … When I buy duplex ? Andngo for a arich life ? 😂
Why wait over 10 days to publish
🔥
Old Interview from June 14th.
His honesty is refreshing. Thank you!
thanks for the videos
Asset prices moving toward real value is joyful. Its' certainly not painful. I love real asset prices.
When I lost my job I thought I’ve lost it all. with the little cash of 2500 USD turned that into 14500 USD in just 7days thank you julia
BIG INSTITUTIONS TRICKS!!!!
When market was WAY UP they told US to buy buy buy. When it's way down they create panic, fear to keep retail investors out. I'm buying the DIP & HOLD. WAKE UP PEOPLE!!!
Great guess great interviewer I remember Dave been not so good even praising the Fed back in 2020. He has improved notably and certainly besides gathering so much knowledge through his guests the guy is very intelligent
These guys who prey upon the uninitiated using fear tactics are just like Don "The John". Pitiful.
Lin!
Excellent
Born-again/Rapture: The ONLY Escape !!!!!
dont go over your skis. a favorite saying of his
Validity of Fiat Currencies is at stake
Sounds like he heavily shorted travel and tech stocks.
nonsense David – your clickbait headline says "man who called market crash" … but within a few seconds you say "let's be technical – you called for a correction". Tacky!
Despite the economic downturn,I'm so happy I have been earning $ 60,000 returns from my $7,000 investment every 13days
John Feneck is an expert in the mining sector especially when it comes to explorers. Offers a great consulting service and definitely recommend for retail investors that need help with juniors.
The reason that Silver is still down, is because there is FAR too much paper silver out there!!!
"There is less places people can put their money" my girlfriend dont seem to have a problem with that
This guy gets it, look around you. Travel expenses for businesses are outrageous nowadays, big changes are coming, couple that with bad airline experiences business travel will be down 20% next year because of pricing outweighed by the value proposition for both business and leisure.
Scandal'Us
Depression and lose of global reserve
Clean air Metals is a Solid Buy
John is a great guest, very knowledgable!
I think we will be in a world wide depression in 12-18 months
Great interview 👍
Thanks for another great interview…David is one of the best.