2:10 How did you know this situation would get worse? 7:28 What are the implications of the “Chinese bioweapon”? 14:35 How fast do you think this virus could spread? 18:47 How do you think this will play out and what will be the impact on the economy? 25:28 Can the Fed really save the markets? 28:28 How do you think the Coronavirus will impact the election? 31:52 How can people protect their wealth? Jim suggests a variety of possible protection measures. They are outlined in this brand-new Financial Pandemic Shelter report. Click Here: pro.agorafinancial.com.au/m/1511687
💙🧡💛💚 Summary: Hold Gold, Bitcoin, Cash. Wait for cheaper Asset prices, then convert the rest of your Cash over. Keep cash on hand because Depression is here 💙🧡💛💚
Yes he said 10% Gold & the rest Cash in his book. But in the US is there no fear of Bail-In? Thats where the Govt takes money from people's bank accounts to bail out a bank in crisis, like Greece & Cyprus. If thats the potential then i say 50% precious metals, 50% cash. Wait for stock market to bottom and go from there.
So as we see it the situation looks in the downturn.....Jim IS Ok .....not ur average man buying wk to wk for his fam.....no utimate worries ...intelectually sound ...bot out of touch ...share wth ur brother anf ir sister....dont hide in ur bunker...😛
@@twinkletoes22221: Two things you should never underestimate are the ability of the public to panic and the ability of the government to not have our best interests in mind. I live in a hurricane prone area and being prepared for these storms carries over into my thoughts and anxieties about our current national and global economic deficiencies. Having an amount of cash to cover your basics for a set period of time is a prudent thing to do come rain or shine. Living in a digital age as we do does not guarantee that you will always have access to your credit and debit cards. Banks, both here and abroad, have in the past and will continue to close their doors and ration YOUR money in THEIR control. Always better to control your money yourself.
Thankyou J. I lived off grid alone for 10 years up a mountain.The only time I shot my old shotgun was a poachers tires.. (mama and cubs).. nothing much scares me .. however, I found out anxiety is a side effect and so won't try to control that. Rather be prepared. So.. how about US cash as compared to the plastic cash Canada has replaced the linen bills with?
More specific: 5%-10% gold, then cash. Should be out of stocks. If not, hold. I question even this advice. Not worth your time. Go to Greg Mannarino instead.
Isn't now a good time to buy some famous stock and just keep it I am sure you'll make money on time when the situation is over and when things come back to normal step by step.
I like to watch Jim but why economist is explains about the corona virus? is people don't know about the virus? This is the stupid interview I ever seen. I just skipped many time and doesn't stop the same news over and over again and I am writing about this and Kill the view. Just wast of time.
Wouldn't going back to the gold standard and eliminating the income and property taxes give a boost to the economy and give people a better outlook in going back to work and stimulating the economy?
Jim is a fantastic source of information, heaven help the world if Biden gets in. He talks about statistically Biden could get in. Statistically no party has ever put up a candidate with dementia before.
Why Iran? Chinese engineers working on one belt one road. Why Northern Italy? 300,000 Chinese garment workers back and forth from China. This is a big problem for China and blowback that will be coming next. I blame Communists in China 100%.
You can't buy gold there's no gold around because nobody wants to sell. So huge demand yet the price still more or less the same. Now doesn't that look like manipulation?
Trump can always defer the election due to exceptional circumstances. As for predictions, I always hear that the stock markets will fall lower. Well, the bond markets are several times the size of the world's stock markets, and if confidence disappears from governments, then money will shift out of bonds.
According to Scripps institute and others, I researched that COVID19 was not developed in a Lab and Rickards should not be listened to on this subject. I don't know what he's trying to create here but he needs to not be taken seriously anymore.
I just read that there a 3 major cell phone companies in China. These companies have noted there are 21 million users that dropped off using their cell phones since January-February?
Jim rikards being a ex CIA himself should find out the truth. A biolab in fort detrick, Maryland was shutdown in Aug because of sterilization system. Then a armywoman working in that biolab took part in Wuhan military games in Oct. Her brother Ben benassi also was tested positive . during the games in Wuhan 5 US athletes was hospitalised for covid29 like disease. Jim should find out what happen to those athletes. Fort Derrick could be ground zero for this pandemic.
He says you can always buy some gold. How does one go about doing that. Gold stocks are not the same. I keep hearing this buy gold...Where are ppl buying gold? Anybody?
Binion,,,,is a liar ,, , Look online you can find bars and buy from a reputable sites make more it has bbb, better business bureau,,,,,Allah bless , Jesus bless keep the word
Jay Richest.I buy from the perth mint in oz.They actually pour the gold into bars and manufacture the coins there.guarenteed by the govt.you can buy allocated(the actual bar) you choose the size, you can pay for them to fabricate and store it or you,collect it or they will deliver to you in armoured truck (not smart) or unallocated (on the net 24 hrs a day,and no storage cost) but i print all my invoices,as the internet can be broken,and you have no proof of ownership,but many take delivery (or collect)then you hold it in your hand,(a trust issue).but they back up all their info off site anyway. Various precious metal exchanges in most major cities. Google buying actual gold,not shares.
By sitting on cash do you mean keeping money in the bank? if so, what if the banks do down? A friend suggested this would happen and invested all his money in gold as he said the federal reserve is printing so much money it will all become valueless and only gold will have value...I have no experience with this subject so what do you investment experts think? I would really appreciate any advice...Thanks .. p.s here in New Zealand it was quietly mentioned in the paper months ago that the Government passed a law that the bank could take a large percentage of our money from our accounts if the bank went basically bankrupt. This is why I am concerned!
@@itrthho I just checked. The FDIC doesn't apply in New Zealand! NZ and Israel are the only 2 countries where bank deposits are not guaranteed. I guess I'll have to see about putting money in an Australian bank? Even though ASB is an Ausie owned bank it is not guaranteed in NZ
If due to loss of confidence on the USD (or other factors) and the price of gold remains above $1,500 (or more), senior gold producers will become extremely profitable and their stock prices will increase significantly.
Thanks for the insight Jim. The entire segment is 38+ minutes long and the headline portion is about 5 minutes long. Let us be TRUTHFUL about what we are doing here.
Love Jim. But as soon as he said he was getting key info from Johns Hopkins I switched channel to Max Keiser. That place is full of BS. Simulations and models.... laughable. Go do your research, they are full of it. Off to Stacy and Max :-)
EVERYBODY ADVISING ON HOW TO PROTECT OUR HEALTH DURING THE PANDEMIC, AND THESE GUYS ONLY THINKING ON HOW TO PROTECT YOUR WEALTH. WELL, IF YOU GET THE DISEASE AND DIE, IT IS IRRELEVANT IF YOU PROTECT OR NOT PRTECT YOUR WEALTH!!!!
