If you're a young 20- or 25-year-old guy or gal, would you move to another country? What would you do?
Если бы Вы были молодым человеком(дев) 20-25 лет, Вы бы уехали из страны?
We still have a great country. We're going through a period of economic pain. It's happened before. This is the kind of thing that's taken us decades to get into and it will take
У нас все еще великая страна. Да мы прохоим через болезненные экономические проблемы. Десятки лет мы двигались к этому и столько же займет чтобы выкарабкаться
us decades to get out. Although the hyperinflation is going to be limited largely to the U.S., the economic downturn will affect things globally. I can't tell you how things will go with a hyperinflationary Great Depression, which is where I see things going.
Так же гаперинфляция не останется в переделах страны, а затронет весь мир. И я Вам могу сказать как будет выглядет гиперинфляционная великая депрессия.
It's the type of thing that will tend to lead to significant political change. People tend to vote their pocketbooks. You could have the rise of a third party. You could even have
Это приведет к значительным политическим изменениям. Люди голосуют своим кошельком. Может быть появится 3-я партия. Могут даже быть беспорядки на улицах.
rioting in the streets. I'm not formally predicting that — anyone can run these different scenarios. For the individual, what you need to do, from an investment standpoint, look to preserve your wealth and assets. Don't worry about the day-to-day fluctuations in the markets. What I'm talking about here is over the long haul...
[Gold is] going to be highly volatile, as will the dollar, over the near term, but longer term, physical gold I would look at as a primary hedge for preserving the purchasing power of your wealth and assets. Maybe some physical silver. Get some assets outside the U.S. dollar. I might even look to move some assets physically outside the United States. The key here is to look at a longer range survival package, battening down the hatches, and preserving your wealth and assets during a very difficult time. Once you're through that, you'll have some extraordinary investment opportunities, and I can't tell you what it's going to be like on the other side of this crisis.