the<00:00:00.160> rich<00:00:00.399> have<00:00:00.560> got<00:00:00.760> so<00:00:00.960> much<00:00:01.480> money<00:00:01.760> now<00:00:02.520> they

the rich have got so much money now they

the rich have got so much money now they have<00:00:02.760> to<00:00:02.879> do<00:00:03.000> something<00:00:03.280> with<00:00:03.399> it<00:00:03.600> they<00:00:03.719> can't

have to do something with it they can't

have to do something with it they can't just<00:00:04.000> sit<00:00:04.160> on<00:00:04.279> it<00:00:04.400> and<00:00:04.480> I<00:00:04.560> think<00:00:04.680> if<00:00:04.799> rates<00:00:05.040> do

just sit on it and I think if rates do

just sit on it and I think if rates do come<00:00:05.359> down<00:00:05.560> which<00:00:05.680> I<00:00:05.759> think<00:00:05.879> they<00:00:06.040> will<00:00:06.879> I

come down which I think they will I

come down which I think they will I think<00:00:07.160> in<00:00:07.279> the<00:00:07.399> next<00:00:07.640> sort<00:00:07.800> of<00:00:08.800> three<00:00:09.080> four

think in the next sort of three four

think in the next sort of three four years<00:00:10.040> what<00:00:10.200> ordinary<00:00:10.639> people<00:00:10.800> will<00:00:10.920> see<00:00:11.080> is

years what ordinary people will see is

years what ordinary people will see is the<00:00:11.320> mother<00:00:11.599> of<00:00:11.719> all<00:00:12.120> house<00:00:12.400> price<00:00:12.639> rallies

the mother of all house price rallies

the mother of all house price rallies especially<00:00:13.480> if<00:00:13.559> interest<00:00:13.839> rates<00:00:14.040> come<00:00:14.240> down

especially if interest rates come down

especially if interest rates come down but<00:00:14.879> you'll<00:00:15.080> also<00:00:15.280> see<00:00:15.440> it<00:00:15.519> in<00:00:15.639> stock<00:00:15.879> markets

but you'll also see it in stock markets

but you'll also see it in stock markets I'm<00:00:17.080> unbelievably<00:00:17.720> long<00:00:18.119> gold<00:00:19.119> um<00:00:19.960> I<00:00:20.039> think

I'm unbelievably long gold um I think

I'm unbelievably long gold um I think what<00:00:20.279> you'll<00:00:20.400> see<00:00:20.519> is<00:00:20.720> asset<00:00:20.960> price<00:00:21.160> is<00:00:21.240> going

what you'll see is asset price is going

what you'll see is asset price is going up<00:00:21.600> and<00:00:21.720> I<00:00:21.800> think<00:00:22.199> this<00:00:22.320> is<00:00:22.480> my<00:00:22.680> big<00:00:22.880> conf<00:00:23.519> like

up and I think this is my big conf like

up and I think this is my big conf like I<00:00:23.760> said<00:00:23.920> I<00:00:24.000> don't<00:00:24.119> want<00:00:24.199> to<00:00:24.279> know<00:00:24.400> your

I said I don't want to know your

I said I don't want to know your opinions<00:00:24.880> I<00:00:24.960> want<00:00:25.080> to<00:00:25.119> know<00:00:25.240> your<00:00:25.400> positions

opinions I want to know your positions

opinions I want to know your positions I'm<00:00:26.039> betting<00:00:26.279> on<00:00:26.400> asset<00:00:26.679> prices<00:00:27.000> going<00:00:27.160> up<00:00:27.519> I'm

I'm betting on asset prices going up I'm

I'm betting on asset prices going up I'm very<00:00:27.840> long<00:00:28.080> gold<00:00:28.400> I'm<00:00:28.519> building<00:00:28.800> a<00:00:28.920> long

very long gold I'm building a long

very long gold I'm building a long position<00:00:29.359> in<00:00:29.519> stocks<00:00:30.000> of<00:00:30.119> building<00:00:30.480> long

position in stocks of building long

position in stocks of building long position<00:00:30.880> in<00:00:31.000> Commodities<00:00:31.480> on<00:00:31.800> Long<00:00:32.040> property

position in Commodities on Long property

position in Commodities on Long property like<00:00:32.880> this<00:00:33.000> is<00:00:33.399> what<00:00:33.520> I<00:00:33.640> think<00:00:34.079> will<00:00:34.239> happen<00:00:35.120> um

like this is what I think will happen um

like this is what I think will happen um but<00:00:35.760> it's<00:00:36.000> really<00:00:36.399> interesting<00:00:36.800> to<00:00:36.920> sit<00:00:37.079> and

but it's really interesting to sit and

but it's really interesting to sit and think<00:00:37.440> what<00:00:37.559> will<00:00:37.680> it<00:00:37.760> mean<00:00:38.040> for<00:00:38.200> our<00:00:38.399> society

think what will it mean for our society

think what will it mean for our society and<00:00:39.280> for<00:00:39.480> our<00:00:39.719> political<00:00:40.680> situation<00:00:41.360> if<00:00:41.559> house

and for our political situation if house

and for our political situation if house prices<00:00:42.079> go<00:00:42.200> up<00:00:42.320> loads<00:00:42.920> I<00:00:43.039> think<00:00:43.160> it's<00:00:43.280> going<00:00:43.360> to

prices go up loads I think it's going to

prices go up loads I think it's going to be<00:00:43.719> unbelievably<00:00:44.480> divisive<00:00:45.440> because<00:00:45.960> you

be unbelievably divisive because you

be unbelievably divisive because you know<00:00:46.199> I<00:00:46.280> know<00:00:46.399> you<00:00:46.520> have<00:00:46.600> a<00:00:46.680> lot<00:00:46.800> of<00:00:46.879> younger

know I know you have a lot of younger

know I know you have a lot of younger viewers<00:00:48.000> that<00:00:48.160> straight<00:00:48.399> away<00:00:48.600> this<00:00:49.039> terrible

viewers that straight away this terrible

viewers that straight away this terrible but<00:00:49.680> there's<00:00:49.840> a<00:00:50.000> lot<00:00:50.160> of<00:00:50.320> people<00:00:50.520> in<00:00:50.640> this

but there's a lot of people in this

but there's a lot of people in this country<00:00:51.360> that<00:00:51.520> think<00:00:51.680> house<00:00:51.920> price<00:00:52.120> is<00:00:52.199> going

country that think house price is going

country that think house price is going up<00:00:52.520> is<00:00:52.719> good<00:00:53.480> and<00:00:53.640> I<00:00:53.719> think<00:00:53.960> that<00:00:54.199> this<00:00:54.359> is<00:00:54.480> what

up is good and I think that this is what

up is good and I think that this is what we<00:00:54.719> need<00:00:54.840> to<00:00:55.039> prepare<00:00:55.280> ourselves<00:00:55.640> for