Gold and silver boomed in 2025, alongside some of the world's major financial indices. Meanwhile, a bureaucratic paper briefing the incoming Australian government has warned the ongoing financial subsidisation of Baby Boomers by younger generations is undermining faith in democracy.
00:00When Donald Trump slapped tariffs on goods coming from islands populated entirely by penguins,
00:08it was a sign the economic year was going to be a wild ride.
00:13If you invested $100 into these different options in January, you'd have a silver surprise,
00:20as the commodity outpaced even AI company NVIDIA in its value surge this year.
00:25Bitcoin went up and then down.
00:28On global markets, mixed today, but let's zoom out.
00:32Astonishing rises in the value of the indices of some of the world's biggest markets.
00:38I can't tell you if it's a bubble, but it's certainly pretty frothy that all of the companies in these indices
00:44got significantly more efficient, innovative and profitable in the past year.
00:49Our market flat with a day off tomorrow.
00:53As the Aussie dollar powers towards the end of the year in the key 6.7 US cent range.
01:00And silver today took the gloss off itself after an astonishing run this year.
01:05A big economic warning sign was buried in a government brief written by the bureaucrats for the incoming government
01:13and obtained through the freedom of information process.
01:15It described a boomer boom threatening democracy as low and middle income people subsidise the income of seniors who have significant wealth beyond owning their homes.
01:27Not only did most people think it was unfair, it's affecting democracy because fewer people believe that hard work leads to a better life.
01:37What a great conversation starter for this evening.
01:40And that's finance.
01:42That's about the increase is also Jeepers.
01:43Congratulations.
01:44Thanks, thanks.
01:47Alright.
01:57For that being the question.
01:58Bad story andě˘ er tights this year is your grandfather and the journalist Hall,
02:00but there are plenty ofith Cruyjianos.
02:02A sweeping woman activists in situate that goal of all other people salsa Democrats oré caution
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