[skhunted]

It’s easy to make such a convincing video. Convincing to those with no expertise in the subject. But in 5 years when it hasn’t come to fruition will you remember how wrong he (and by extension you) are? Another conman will take his place and come up with a nice sounding theory that also boils down to: gold!

[jf22]

There have been videos like this one by different people every other year to. This is just the latest one saying the same thing.

[palmfacehn]

Saying what exactly?

[palmfacehn]

I think I follow what your intended point was, but from where I stand you appear to be tilting at an imagined opponent. Maybe you can clarify by elaborating on what you imagined the 5 year prediction to be?

The "Dollar Milkshake" theory is simply something I found to be a plausible response to the inflation doom predictions of the 2008 cycle.

I did look for a concise text summary before posting the video. They didn't capture the full concept. Here's Google's infobox:

>The milkshake theory basically holds that there simply aren't enough US dollars created to keep up with the rising demand. And when the greenback rises high enough and fast enough to lead to defaults abroad, the demand for dollars swirls up and its supply shrinks, leading to an epic squeeze higher.

[skhunted]

In 5 years you’ll likely forget about this theory and this person because nothing will come of whatever predictions this person is making. For 50 years these sorts of people have been making the same sort of predictions and they have all been wrong. Empires all come to an end so eventually one of these charlatans will be right but not because of possessing insight. It’ll be a coincidence.

[palmfacehn]

> Empires all come to an end so eventually...

This is pretty much what he says in response to the Peter Schiff types of predictions. The critiques in this thread would be more aptly applied to those debating against "The Dollar Milkshake Theory".

It isn't a cult of personality or specific investment advice. Mining stocks aren't being promoted. Rather it is an observation and theory about how the USD strengthens at points in the business cycle where many expect it to weaken.

I'm not sure why HN needs to be so obtuse. If we cannot have a discussion about the actual contents of an observation rather than the perceived theme, if every post needs to be prefaced by several layers of disclaimers ("I don't own a crystal ball...") about what it isn't saying, then I'm not sure it is possible to have a discussion here.

[skhunted]

Brent Johnson is CEO of a wealth management firm. He dupes people into investing with his firm by exploiting peoples’ propensity to think “this time is different”. In the same way people are disinclined have a discussion on the merits of flat earth beliefs people are disinclined to discuss the merits of ideas from the Brent Johnsons of the world.

Five years from you’ll have forgotten all about the dollar milkshake theory because it is most likely nothing more than plausible sounding gibberish. I could be wrong. The country may collapse and the doomsayers are right this time.

[palmfacehn]

>flat earth ... gibberish

I'll try one more time. If this is how you engage with an attempt to reply to your questions, I'm not sure why you asked them? From my perspective I'm citing a supporting argument against near-term doom.

In your post above you posed reasonable questions. Hope you still have some curiosity in regards to those questions.

https://www.google.com/search?q=brent+johnson+dollar+bull

>Brent Johnson to the show. They discuss the reasons Brent thinks the U.S. Dollar bull market isn't over

>The US Dollar Milkshake Theory: A Sweet Deal for USD Bulls?

>Brent Johnson explains why he is a dollar bull and believes that structural issues in the global economy will ultimately force capital into the dollar.

>So the Dollar Milkshake theory supports the USD bull market argument ... Dollar Milkshake Theory Predicts a Bull Market in USD - Brent Johnson.

[skhunted]

Let him manage your wealth.