**Warren Buffet** Derivatives BOMB Can Spill into PRECIOUS METALS

Warren Buffett refers to derivatives As Weapons of financial Mass destruction, you will be shocked to hear the total level of derivative exposure within the financial services industry, with the multitude of stresses on the financial system right now, and major geopolitical turmoil, the house of financial derivative cards could fall anytime, this could be catastrophic for the United States of America and the other Western economies where these derivatives call home. Gold and silver price have seen the show a few times over the last 5000 years, I think they will survive.

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Reddit Wallstreetsilver

[MLTUP]

The last day on Earth. Silver will be $5000 and spot will be $22. LoL

[robinblood]

Excellent video Ron! Gonna show this one to family! You have a great talent for boiling down an extremely complex issue into the essential points, making it very clear to anyone. Thanks!

[PumpkinKingXXIII]

Wonder how the bad the premiums will be then

[josefunez]

You sound like those in the White house reporters
I think you were born for this !!

[paulorchard]

Anything could trigger the collapse, mid terms perhaps!

[theceltbeserk]

They did this with Mortgage Backed Securities which drove the Financial Crisis in 2008. Oh, you got to it. 😆

[XOXO-skmv]

Are all bankers corrupt or stupid? All this debt is backed by worthless paper, what could go wrong?

[benjamincapps]

Buffet is my boss!!! He knows his stuff!!

[tomliu]

Given this endless fiat trap to flip and flop metal exchanges on daily basis. No one seems to change anything. The price target for all metals are controlled and no hope can change them

[Vigilant_warrior_]

bankers and financiers still doesn’t wanna learn the lesson of bear sterns and lehman brothers

[MainYasuo-sleg]

They will slump pm's to clear out all the suckers!

[danburby]

ron, youd be better off planting a garden, greetings from the philippines

[hoytstill]

The derivatives are offsets. Black swan insurance. Winners and losers....just hedging on a big scale.

[thesarge]

The spooky pumpkin black and white, don't know if I'll be around for the $6000 Gold, but I did say I'm in it for the long haul. Thank You Sir.

[freedomwillring]

If we're going to hyperinflate, my metals probably won't make me rich unless I can pick up a few houses for a hundred ounces of silver a piece. Could it happen? Maybe. Will it happen? I doubt it.
"Plan for the worse, let good things take care of themselves." escapes me now)

[tomgrier]

In scientific notation a quadrillion is 10 to the 15th.

[Worldindecline]

Sounds absolutely terrible to me, because the world will be on fire

[deadeye]

This guy has a different price every other day.

[deebo]

I think it’s going to $5000. Russia and all over countries been saying

[bagboy]

What are you going to define how much Gold and Silver are worth if the dollar and all fiat currencies are worthless?