I made the mistake of watching this video. This person is absolutely clueless, and is obviously hoping to get a following and start an advisory service eventually. Has to support himself somehow.
"Confiscate the gold." This is a Trading and Disaster 101 rehash of standard Impending Collapse.
He has no clue what is going to happen, but dredges up some thing he heard and as above makes a completely groundless prediction using simplistic numbers. If it accidentally follows what he says, he will crow and shout about it. If if does not, it will be "just wait" or some other excuse.
Nothing to see here, folks. Totally a waste of time, and definitely avoid the paid service when it comes out... There are plenty of free ebooks about the "Economic Collapse of the Global System." Too bad, he is a couple years late - this already started at least a couple years ago. It is called CDOs and overleveraged and people with mortgages in houses they could not afford and a bunch of other things.
Opinion went down 3 stories after watching the video. Before, I just thought he was Chicken Little. Now, he is Chicken Little meets Jesse Livermore Wannabe...
For those wanting to find their inner "Vulcan:"
