Italy has the third largest gold reserves in the world, behind America and Germany.
If we calculate gold per capita Italy had some of the largest central bank reserves in the world, certainly within the Eurozone.
Italy is in a huge financial mess, government debts are large and there is very little prospect of the Italian government paying back it's debts, this will trigger a crisis within the Eurozone and could possibly cause contagion across the global since fiat money only works while users in the system have confidence.
In a post financial collapse world, Italy would likely to be one of the first countries being able to rebuild itself because of its large gold reserves, in a previous video we calculated a estimated gold price of $14,500 per troy ounce would be needed to return to a gold standard (priced in today's dollars since post collapse the USD will have devalued and the gold price could be anything)
#Gold #FiatMoney #FinacialCollapse
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https://www.youtube.com/watch?v=xWlA2QFdR9U
Looking at the research on heat output efficiency of smokeless coal and dried woods on both multifuel/wood burning stoves and for open fireplaces.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/933099/burning-wood-consult-bsria-report1.pdf
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https://www.youtube.com/watch?v=2csVXnsmxl8
Coronavirus COVID-19 will be a huge, recession cauing blow for the UK, Europe and Global economy.
#CoronaRecession #Recession
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https://www.youtube.com/watch?v=PfikNH3ZX1w
Boris Johnson's power struggle against the UK Civil Service.
#BorisJohnson #DominicCummings #CivilService
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https://www.youtube.com/watch?v=buKG03wfQ2I
How safe is your money in the bank?
Could we see further runs on the banks, similar to Northern Rock in 2007?
#Meltdown #Recession
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https://www.youtube.com/watch?v=JwIJkFPqQJg
Jeremy Corbyn appearing on Sky News and stating he is unsure if there should be a second referendum on the UK leaving the EU, and if there is a referendum he wouldn't know if he would vote leave or remain.
Long term Eurosceptic Corbyn also said in 1996 he was worried about the single currency, and how undemocratic the European Commission is.
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https://www.youtube.com/watch?v=BWIJz5Mqe5I
Keynesian economists have shaped fiscal and monetary policy for the last two decades, but will it work this time?
#Bubble #Economics
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https://www.youtube.com/watch?v=Q4RohlGmYk8
How to assay a gold or silver coin at home.
Using a spectrum analyser app on a phone one can determine with high probability that a gold or silver coin in genuine.
#Gold #Silver #Bullion
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https://www.youtube.com/watch?v=VTy_BGCE3kQ
Footage from 2013 of Labours Jeremy Corbyn talking about the socialist revolution in Venezuela.
Overlaid with the painful reality of socialism, which always comes crashing down.
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https://www.youtube.com/watch?v=5fPAUDOY4vg