Jim Rickards: The Collapse That Will Change A Generation
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Chapters:
00:00 - How To Invest In The 2024 Recession
05:26 - Geopolitics & The Economy
08:05 - World War III, Israel, Middle East
09:45 - Make Money With THESE Bonds During Crisis
12:58 - Thoughts On 2024 Elections & Their Impact
15:41 - Decline Of The Global Economy
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► Special thanks to:
Jim Rickards
/ @jamesrickardsproject
Paradigm Press
/ @paradigmpress
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I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...
@@festusmadidi2634 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@Wilhelmina-Luisa My advisor is Victoria Carmen Santaella;
You can look her up online
@@festusmadidi2634 The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@@spacecadet6who is your advisor please, if you don't mind me asking?
*Gertrude Margaret Quinto* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
I'd advice you read up some good books on finances and investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree, having a portfoIio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $620k with the help of my advisor from an initial $120k investment thus far.
Impressive can you share more info?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
Collapse is generous 1st time in our history with a full generation that wasn't taught financial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming.
Asking for advice or assistance from a consultant or investment coach is the best line of action if you lack market understanding. Even though it sounds cliche or apparent, talking to a consultant has helped me stay afloat in the market and increase my portfolio to roughly 65% since January 2023. That, in my opinion, is now the most successful strategy for entering the market.
Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.
"Amber Russell Bennett'' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favourable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts or advisors with experience since the 08' crash.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over $2m
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Tenley Megan Amerson is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I'm pleased with the advisor's prompt and knowledgeable assistance. Their professionalism instills confidence. Looking forward to further discussions.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I'm mostly in cash and waiting for this market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $350k?
from my study, 90% of the time in an election year, the stock market stays positive for quite a long time. 2024 is no exemption, but it is better to be guided, ideally by a well experienced and licensed advisor
Agreed, I just use KZhead for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own. I have consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains in close to a decade of having one
Please can you leave the info of your investment advisor here? I'm in dire need for one.
She goes by ‘’Sharon Lynne Hart” I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Certainly. Exchange-Traded Funds (ETFs) are popular for long-term investments due to their diversified nature. ETFs offer exposure to a wide range of assets, such as stocks, bonds, or commodities, which can help reduce risk. Some top choices for long-term investing include broad market index ETFs, sector-specific ETFs, and bond ETFs, as they provide potential for growth and income over an extended period while minimizing the risk associated with individual stocks.
Numerous compelling stocks span various industries for you to consider tracking. While it's not necessary to act on every prediction, enlisting the guidance of a financial advisor is advisable. They can assist you in determining optimal entry and exit points for purchasing and selling shares or ETFs, ensuring well-timed decisions aligned with your investment goals.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 4years+ and I've netted over 2.8million.
Kindly share the details for reaching your advisor. With inflation negatively affecting my funds, I'm in search of a more lucrative investment strategy to optimize their performance.
Deborah Lynn Dilling covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Deborah up and send her a message. You've truly motivated me. Thank you.
It's fascinating how financial markets always seem to follow a cycle. Artur Grandi's book offers a great plan for securing investments and explores interesting opportunities, like investing in cryptocurrencies.
I’m debt free, I listened to my parents finally😊
Stockpile food, water, LEAD, everyday supplies, and yes, CASH. We are in a massive musical chairs game, and when the music stops, what you have is what you have.
Well said.
Amazing 😮 comment
Stockpiling cash actually isn't smart after $2k. Inflation eats anything after that. Better off putting the rest in silver, if you got a lot of cash gold. Also ammo is a very tangible asset as an offset to precious metals it maintains value and only goes up.
@umbrellacorporationwuhanfa3731 Actually, I spend most of my cash with supplies due to "transitory" inflation. I have zero debt and own everything I have. I find it difficult sometimes trying to figure out what else I can spend paper money. I don't stack any silver and gold. I believe the government has a plan for stealing people's real money. You can't eat silver and / or gold.
@@umbrellacorporationwuhanfa3731 how do I buy silver and I just hold it in my shoebox where my 2k is at??
In our neighborhood 70% decrease in delivery trucks, people are NOT buying anything they don't need.
Now that's a barometer of what is happening.
0:10: ⚠ Stock market warning for 2024: prepare for geopolitical impacts, consider defense, energy, mining, and increase cash allocation. 2:53: 💳 Impact of increased spending and deferred loans on personal finances leading to credit card debt. 5:18: 📉 Geopolitical tensions impact stock market; Ukraine conflict origins and local reactions. 7:49: ⚔ Predictions on economic warfare outcomes, potential two-front war, and speculation on US involvement in the Middle East. 10:10: 💸 Impact of recession on corporate bonds and US treasuries, with unusual yield rates for different maturities. 12:39: 💥 Anticipating a shift in interest rates due to economic conditions and geopolitical risks. 15:19: 💥 Global economic slowdown with potential impact on world's largest economies. Recapped using Tammy AI
I was considering what this guy said up until he said “You can’t loose money on cash” excuse me? Inflation has been INSANE the past decade. How could those words even leave your lips with the data from this decade….
You're not going to lose 80% like you will in the stock market when the crack up boom crashes.
@@LarsLarsen77 I hear that. I was just shocked at that statement. I’m not disagreeing that the market is past due for corrections and liquidity but you most certainly can lose money just having it sit as cash. Worst part is the real estate market is sky high as well so it seems just as risky putting your money into property atm.
not to mention CBDC's ffs!
@@coreyhahn2887 I think you might be reading into it. Cash to him is your cash sitting a cd or money market making 5%. In my mind this is basically cash and is very liquid.
@@coreyhahn2887when you live in a debt based Fiat system, everything gets more worthless. The pot is starting to boil....
Thankyou!!!!!!
Success usually comes to those who are too busy looking for it. If you're willing to do business or become an investor then you will be rich.
How can I make more profit from stock market🤦🏾♂️?
If you're unsure about investing or need personalized guidance, consider consulting with a financial advisor or investment professional. They can provide tailored advice based on your individual needs and goals.
I would suggest holding, but there are better options like day trading
But trading gets risky and a lot of people loose funds to it.
Usually it's risky trading the stock market even as an expert but then professional advice and guidance is always the best else losses become inevitable.
Great video as always the stockmarket is not a safe play to allocate your money right now.
Thanks Jim. A huge amount of helpful information in a short time. Amazing!
Thank you so much. I’m going to heed your advice. Appreciated. Energy, mining, defense. I hope this Monday isn’t too late.
He forgot pharmaceutical
cash is not money, it will be gone, hold real money precious metals...
LOL, nobody wants your yellow rocks, boomer.
Buy Bitcoin!
Yes.absolute
Gold
@@DannyBrooks1 not with my money but will use your seed money.....ponzicoin....
It's frustrating because whenever I warn people around me, they laughed it off like I was crazy or something. Anyone felt the same?
Same. Nobody wants to believe, or should i say, hear me.
Thanks for the update.
Te/e gram
@Ryanstrategy THAT IS HIS USER NAME
please make sure you write the USER NAME complete and He's verified
🛑 scam 🛑
💩 scam 💩
Jim, is one of the smartest people on the face of the planet.
Jim looks like a modern version of Benjamin Franklin
Exactly what I thought too!!😂
Why would you get out of Technology Sector!?, Technology is everywhere!! Semiconductors are needed in everything! All sectors depend on the Tech Sector!
I thought the same thing...
Because it’s risk on
Check it over 80 years. Index Funds work. Diversification reduces risk. If the top 500 companies fail we will have bigger issues.
For some people, losing money and then not getting it back until 13 years later after it's worth less than it was before they lost, it, is not working.
@@FreedomTalkMedia But the market outpaces inflation. so youre not getting it back 13 years later worth less than it was. Over a long enough period you will outpace inflation.
Keep it going, be consistent, eventually you will be right. Might take another decade or two or three, but it will happen.
Great overview of what is going on and valuable tips on how to structure your portfolio for it. Thank you. I used to be non-tech but changed my mind because of Keith Fitzgerald. Some tech stocks will be winners and developments like AI could be big. But it will not be beneficial for the labor market and the rich will get richer. And they will find excuses (war or near-war etc.) to print money to kick the can further down the road longer than you can imagine.
Hey guys I'm looking to invest. But I don't know anything about the market, any help? As well who can I reach out to?
I would advise you seek professional assistance because creating a strong financial portfolio is more difficult if you have no experience.
Making touch with financial advisors like Margaret Burwell who can assist you restructure your portfolio would be a very creative option.
I agree with you! With her help, I diversified my 25k portfolio among different markets during this bearish market period.
I've had nothing but positive experiences with her. She's extremely knowledgeable about the market🎉❤
Please could someone kindly leave the details of this investment analyst here?
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024 Investing with Juliana Heidi
The first time we had tried, we invested $5,000 and after a week we received $23,400. That really helped us a lot to pay our bills.
Most people are retiring this year and has nothing to show for. But I assure you it's never late to get your financial life together again.. All thanks to JuLiana for I and my family.🏝 🇺🇸
Wow wow please is there any way to reach her services, I work 3 jobs and trying to pay off my loan for a while now, please help me..
*SHE'S ON TELEGRAMS MOSTLY, USING THE USER .*
@HEIDI39
Got it, thanks
Where can I invest in defenses, mining and energy?
From my observation and historical market pattern, there might be a bit of turbulence in the market coming up, but here's the deal: Trying to guess what's going to happen next is less important than spreading your bets when trading and thinking long term. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She is FrancineDuguay in TE L E G R AM...
That's an interesting perspective! It's true that timing the market is notoriously difficult, and diversification is a key principle for long-term growth. Here are some thoughts on your comment: Market Turbulence: While you can't predict the future, being aware of potential volatility can help you adjust your investment strategy if needed. Long-Term Focus: Commendable job on building your nest egg! Focusing on the long term and staying invested through market ups and downs is a smart approach. Diversification: Did you mention how you spread out your investments (diversified)? Sharing some details (without revealing specifics) could be helpful for others. Francine Duguay: It's great that you have a financial advisor you trust. Remember, it's important to do your own research and understand your investments regardless of any guidance. Overall, a well-balanced and insightful comment. Just be cautious about past performance not guaranteeing future results.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing....
Everyone needs more than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.
When someone is straight forward and good at what he or she does, people will always speak for them. To me I will say give Mrs Francine try and you will forever be happy that you did.
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
Thank you for sharing, I must say, Melissa appears to be very knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
🤮🤮 Scam
Buy gold. Silver. Some digital coin. Diversify!
Listen at 75% and you won't get a headache.
Time is making that better 2020 tp 2024
Sound advice.......
The yield on bonds have decreased especially on the long end (30 and 10 Y) indicating that the demand is still there even if the supply remains huge showing a preference for safety. I'm still at a crossroad regarding whether or not to liquidate my $138k
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
@@VigneshRishab Please will you be kind enough to share the details of the man that helped you?
Actually its a Lady. Yes my go to person is a 'MARY TERESE SINGH '. So easy and compassionate Lady. You should take a look at her work.
@@VigneshRishab Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Breeeeeeeeeth, calm down...
Being in cash in times of inflation?
Do not hold USD... get gold.. defence for global war
jim please explain where to place cash. I am afraid of third-party risk in everything, everything. first is the $250,000.00 FDIC ins. in place ? I believe it is not full funded. Is equities a place, I believe now, and if in even mining stock third party risk is always in our face...... my 401 K is not a plan I can remove funds from??? so I am in a prision to loose????? What to Do JIM????
If the government defaults cash is worthless paper
This must be the Obama/Biden agenda. That's why he wants to forgive student loans if he can. (it's illegal. It's not his money) and give away billions to foreign wars and not balance a budget. Bankrupt the country, then install the digital currency.
The Govt defaulting would lead to deflation, not inflation. Best get the Correction overwith instead of kicking the NUCLEAR CAN down the road to our grandkids.
And what do you think will happen to stock market?
whre can one invest at the moment
what about food stocks?
I think it works like any other stock, just be aware its food and not tech, so its more volatyle.
@@GatochanBolivia what?
a lot of these guys information is great HOWEVER THEY SEEM TO ALWAYS FORGET THAT CRYPTO WAS NOT A FACTOR EVER BEFORE , so be careful, I would not be caught with a pile of cash right now, when the banks stop accepting it but have to honor your digital amount, which do you want to be stuck with
...Jim Rickards = "If you can't dazzle them with brilliance, baffle 'em with bull$hyte"!
😂 that is so true🤣
Dont go by the content creators.... U r the best investment advisor u know ur financial situation... U should have some allocation to physical assets like Gold depending upon ur investible amt, rest should be instocks rotate them according to bull market and bear market... In bear market also people dont stop consuming all the companies would be working with little less profits so stick to basics.... Too much of data and details would confuse u and stop u from taking decision and further action
I build up cash every month. I invested in my 401K for 35 years right out of college.
Good job my friend. Patience is a Virtue.
Jeeze what a Jabber Box
One day, guys like this will be right lol. If you would have listened to these guys years ago, you would be sitting with cash that it worth much less, and watching the market hit record highs over that time.
That's why you don't put all the money in one investment category (like treasury bonds in this case). You diversify.
Does anyone know when the Build back better starts? ANYONE!
God, Gold and Guns... THATS an investment strategy for 2024 and beyond.
But when?
Gold is money according to constitution, not fiat bank notes
You sir are almost right but missing some poor people will bring a new kind of people
Why do they think these little checks were so significant???
little until multiplied by millions of people. When you throw fake money into a hyperinflated mess it does nothing but push inflation and make people have false hope so they go more into debt and relax instead of what they should be doing which is paying off debt and building their savings.
They were cut with printed money. It was the printed money that was significant. Also, it wasn't just those checks, it was the PPP loans that went to small businesses's payroll and therefore into everyone's bank accounts. Trillions of dollars between all three stimulus packages. The FED printed 70% of all money that existed at the time.
In two seconds 4 generations, will lose everything
Yes. But they will be happy right? Owning nothing.
@@smobach every other generation will be happy, but the other two generations will be extremely angry
They already lost it... they just don't know it yet. But they will.
Are US Treasury bonds safe?
You're a fast talker Betty Crocker.
Here in Tahiti I can’t go to the general store and spend under $ 50.00 ! for basics. It’s world wide there’s even trouble in paradise…
Can anyone explain to me, how holding cash can be useful, in a very inflationary environment?
Bingo
When stocks are becoming risky or just flat out bad investments normally bonds are where you want to put your cash. Right now is kind of scary because not only is the stock market high but so is real estate… normally people would liquidate their money from the market and put it in properties/bonds. But what do you do when everything is fucking sky high?!?! SHORT SHORT SHORT 😅😂
He just said they're going to lower interest rates, that's deflationary.
@@coreyhahn2887 Everybody being short is WHY it's going up.
Yes - even if you are losing 10% of your purchasing power a year due to inflation it will be a HELL of a lot less painful than watching your stock portfolio lose 40-50-60%+ in a long over due crash and there have been multiple periods where the market takes 10+ years to regain its previous high, during the great depression the mkt crashed in 29-33 and didnt regain precrash levels until 1953-4 - TWENTY FRIGGEN YEARS? do YOU have 20 yers to wait for the mkt to come back? I don't!! and MOST of the macro guys that are really smart think this next crash will be as bad or worse than 29' - so yes you will lose $ by being in cash - if you cant stomach that level of loss and you dont want/need the liquidity buy gold and silver - BTC is pure speculation
I remember the 1970's as a boomer entering my work life. Stocks were not attractive, at first, for my cohort. Long increases in equities can be followed by long declines or stagnation Think Nikkei 1989. Could happen here but my generation got theirs. You would think boomers would be generous and not so consumed by consumption.
Gold was also $176 in the 70’s. It looked better for me
Holding cash is the best way to lose everything. Just ask the Confederate South.
How about the sin stocks?
I never heard Jim talk so fast...😂
Well I'm still gonna buy more Solana 💰
“Everything is self inflicted “ as the speaker mentions. It’s really sad.
THE SPKER IS STUPID SORRY
"two years of Joe Biden not being home and their taking advantage of it!" classic!
When you say cash do you mean not in the Bank like really have cash in under the mattress
I mostly agree and follow Richerts with one exception: “Trump in jail” is a flippantly incorrect opinion and lacks the factoring in of the Chinese 1am jump in tallying votes. I also believe on good info that there will be no WWIII. GITMO will play a major role in future. Economically Rickerts is correct but lacks insight to world leadership.
Us debt 130% of gdp and backed by reserve currency...japan debt 240% debt..they are surviving
Hold your cash... I would still buy physical silver. right now. as well as gold. gold and silver ain't going down. the price is currently manipulated and artificially suppressed right now. and China is hoarding all the physical gold at current suppressed price that is why you see the price arbitrage between Comex paper gold price and Shanghai Gold Exchange physical bullions and meanwhile... stock market is in a huge bubble. detached from the reality. it will crash. it is inevitable. they can't prop up stock market forever with stagflation and national debt of 35 trillion and when stock market finally crashes, with cash you have been holding, buy stocks in energy, food and mining and commodities I recommend Exxon, Nestle, Barricks gold. you understand what I am tying to say
You were doing so good. Trump ain't going no where. 🇺🇸🇺🇸🇺🇸
You won't lose money on cash assuming inflation is not bad. That's a crazy assumption.
Is it just me or did he contradict himself on the rates?
It's you
You folks that are in cash? What happens if the dollar goes worthless? Cash is high risk, find an alternative.
I would NEVER vote for a Democrat ever for President.
***BRICS ***SUPER PESO ***GOLD
everyone said the same thing on 2008😂
Jim Rickards has been talking about a stock market crash for many years, but he can't predict it 😂😂😂
What Cash,we don't have enough to our basic food bills
A friend I know stopped paying his credit cards and found he could stick some money in the sock, remarkable how the credit card thing is a quicksand scenario.
Hi
CBDC will be backed by GOLD 💪🏿 BRICS NATIONS+ 🙏🏻
Good luck trading with the west, the west won’t tolerate that nonsense and the west is the biggest customer and biggest exporter for many of the “ brics”
How much gold go if market economy and dolar crash?
Total UCC violations and trumps trademarked name violations...
He’s off on so many things that he has an obvious agenda
Hold cash? Like toilet paper money or gold n silver real money.
The elders buy gold, the youngsters buy bitcoin.
And doing both is an even better idea !
They should teach trading in school.
They will never. You have to be dumb with money, as they want it.
Lead and gold 😂
Buy silver and gold and vote Trump and get all your money out of this Deb system
Well, Trump? We need to drain the swamp not put in a bigger swamp monster...
Keep those traitors in jail 😊
All good and sensible until the Right Wing political rant started.
fiat monopoly money os finished and all the money grubbers know that
"hold your cash" has to be the worst advice I have ever seen lol
The solution to all this is to buy a truck for $70,000 which is half the price they were when I worked at Ford when I was a teenager....."Joe Biden"
Did Jim call Treasury notes safe? Maybe he forgot about the $34 trillion debt owed by the Treasury Department.
Well if Trump's in jail when he becomes president real simple fix he just gives himself a pardon.
And that just proves how broken America really is. Not just in this, but in taxes, in inequity, in rights being erroded, books being banned, etc etc etc.
That works for federal crimes, not state.