About the 'Reset'The macro fundamental behind owning gold and silver mining stocks is global currency devaluation.
All governments worldwide are in debt created by deficit spending. In response they have printed more money which they spend on short term treasuries issued by commercial lenders--the banks--who take their markup--a sweet no risk profit--and get that cash into the economy in the form of loans.
This has been going on forever. It degrades the value of money. In response precious metals go up in value. Historically, money is money until it is not and then gold and silver become the ONLY money. To justify their recommendations of precious metals forecasters emphasize this situation.
That's what Carrasco was doing in his interview with Andrew Bell. He just called it a 'reset' which in econimist speak means 'this epic debt combined with massive new money creation cannot end well'.
How much you agree/disagree with this roughly corelates with the size of your investment in precious metals.
But observe that just as consumers live paycheque to cheque with their credit cards maxed out for years so too can governments...by printing more money.
Its called 'muddling through' which should be, in economic textbooks, an official category of economic activity. Its been going on for a really long time. I expect it to continue. I don't pretend to know for how long. Or know how it will end.
So when the Carrascos of the world get a tad melodramatic with their talk of the oncoming 'great reset' take it with a grain of salt.
In the meantime we do well to watch our SCZ shares appreciate in a currency that has not yet been turned into a Zimbabwean dollar in which a quart of milk costs a trillion dollars.