A country that's been badly managed for years & years and still is. It can go with hefty pricetag as you are experience now.All those retiree plans are now almost worthless. You've all been scammed by your government.
Jim is not in my top 10 analysts. He speaks fast and quietly...not good. I rarely listen to him. Well intentioned but full of himself and get a hair cut jim its over for you.
Frequent viewer here. Jim, you're correct about the fact that we've really been in a Depression since, 2007. In, December of that year, I tried to cash an insurance check for, $ 14.7**.00, @ the BOA, and they couldn't do it. I could only get about, $ 3,000.00 & "change". All of the rest I had to take as Cashier's checks.
Thanks for watching! Agree. It has been an inflationary depression since 2007 which is now approaching a "Crack Up Boom." Everyone feels good in nominal terms with asset prices going up but in real terms after all the inflation has been factored in we haven't gone anywhere.
Same thing happened to me at Wells Fargo. Took them two weeks to get the amount together. Told me they would add it to the branch’s next monthly draft.
FIDC insurance is for the elites and the central bankers. The middle class has no chance of ever being bailed out by FDIC. Rickards has been pedaling all this for years. Eventually his predictions will come true and then he can go write his next best seller claiming how he predicted everything. You go Jim!
Who deals in gold? I asked my bank why they didn't deal or sell gold. If I get hooked up with my pure CASH, get into a bank money market, and I get interest .they must use my money? I am no good at understanding this and I feel the bank is conning me into giving my cash for them to use. I don't know what to do with my money. 😢
Fear and uncertainty create major wealth. It's those who take the risk and have strong gut to endure the bloody days. When i notice extreme dips i tend to actually move more money to crypto..
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
You are explaining with a lot of inside terms which make it difficult to understand. Also the close caption does not at all match what you are saying. I appreciate your knowledge, but as a lifelong tradesman I simply cannot understand.
I don't understand why at the end of the video he says if you are a Bond holder get ready to take a haircut. If we are going into a crash. Fed is going to cut rates. Bond prices will rise. Defaults? Maybe, but only on low quality.
If the crash is bad enough the government will tell you you're only getting X percent of the bond value back. Hasn't happened to the US yet in my lifetime but it's happened in other nations and it can happen here if things get bad enough.
Jim is referring to the Banks bonds not government bonds in this case. Banks are highly leveraged. In a banking crisis the equity (investors in the stocks) will be wiped out and investors in the debt (bond holders) will also take haircut depending on how much the bank's asset values fall.
@@Radagast49230The interesting thing I see in the American investor is that they believe that we can never have an extreme crash like that. Anything is possible.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.
‘’Marisa Breton Dollard’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
If the Chinese economy is imploding, why is the IMF saying that the their economy will grow by 5.2% in 2024? Who is giving the wrong information here? I need to know
.haha..The Currency called Petro-Dollar is a Hybrid Currency Rate of Exchange..it is based both in Gold & Black oil....The only currency that will not fail is that based only in Gold...In Gold we Trust...Gold is synonymous with God..
Obviously jim has not been on the Internet when multiple people try and acces the same site.... They crash. They would halt trading and websites long before a bank run.....
You keep enough fiat in your account monthly- everything else should have been converted into gold years ago. You still have money in a bank? Why? What interest rate do they pay you? Gold is up 20% since January. Up 35% in 22 months. It’s not too late , gold is going to 3000 this year.
There's only one solution to the entire financial mess: Buy Bitcoin. In 2 to 4 months the Supply Runs Out unless you're very rich already. Btc owners will be.
