Considering the current market uncertainty, it appears prudent to consider investing in gold or a gold ETF. I'm contemplating allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is enticing, I recognize the importance of maintaining a long-term investment strategy.
Gold is seen as a safe bet during economic ups and downs. But investing in it can be tricky. Some people lose money because they don't understand how it works. So, it's wise to be careful. I suggest talking to a financial advisor who can help you figure out when to buy and sell.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
I like Peter and agree on an individual level of using gold as insurance policy. The Military industrail complex and the bankers will never be restricted by a gold standard. They may playcate us with a fractional gold currency that always become fait money
They appeared to be limited by the Gold Standard Currency during the 1960's colonial conflicts. The fiat currency was introduced to overcome the limitations of physical currency. How is it working so far?
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
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.
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 2.8million.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
We are living in a central planned economy where every good thing seems controlled, from real estate to stocks and now gold. I'm open to ideas how to safeguard and grow my wealth amid high inflation, can't let over a mil lose its value by just sitting in my bank.
Right, when it comes to situations like this, having a seasoned advisor diversify your portfolio for high performance is ideal and thankfully, I can attest to this approach, seeing my holdings of $800k grow by 240% in barely 3 years.
@@arlenehill4ril how to put my money to work has been my daily thought, did my research and most suggestions pointed at the stock market, the thing is i'm an absolute noob at investing.. mind sharing info of the advisor guiding you please?
Karen Lynne Chess is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Abby Joseph Cohen. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
I know this lady you just mentioned. Abby Joseph Cohen Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Abby Joseph Cohen has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
@ryancihet555 Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Been debt free for two years thanks to Abby Joseph Cohen Services. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
*Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Christy Fiore🇺🇸🇺🇸🇺🇸..*
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
in my opinion, it is better to gain money than to lose it, that's why I work with unimantic project, it is the best of all lines of projects at the moment.
*Let us watch what President Donald J. Trump does when he is returned back into the authority & power position by GOD'S VERY HAND.* God warned the righteous and the unrighteous (wicked) in Haggai 2:8, *"The silver is Mine and the gold is Mine, declares the Lord of hosts."* Those words should cause the wicked to be very concerned. *GOD WILL TAKE BACK WHAT IS HIS,* and He warns the wicked holding His silver and His gold in James 5:1-3, "Come now, you [wicked] rich, weep aloud and lament over the miseries that are surely coming upon you. Your abundant wealth has rotted and is ruined, and your garments have become moth-eaten. Your [fake] gold and your [fake] silver are completely rusted through, and their rust will be testimony against you and it will devour your flesh as if it were fire. You have heaped together treasure for the last days." Pondering this, God puts silver 1st in His pecking order, but the wicked put gold 1st in their pecking order. *LET'S WATCH GOD.* We've entered some amazing days for sure!
WOW... your show has gotten REALLY popular Robert. How can I tell? I'm getting TWO commercials every 180 seconds! 🤯 that's every 3 min btw. And then you run your OWN commercials! 🤬
Tell me this, where does the value of Bitcoin come from. Also what is backing it. For some time there was all kinds of coins. All these coins get there value from the dollar. Which has no value.🤔 If our country is in 35 trillion dollars in debt. 🤨 Really none of this has any value. We got played by the world Bank that started with the dollar will be covered by Gold. We buy currency with our Gold from the world Bank. Once the currency is gone. Then we have to buy more. So who's getting richer.🤔 The world Bank is. 🤓
Why do you continue to have Peter on this show, he is a clown, I Still don’t see a dollar collapse in our life time lol smh and he only has about 10 percent of his portfolio in gold lol
I really appreciate the stats and Data that you and others puts together for us daily, If you invest right now in Bitcoin, the sky is limit. If you invest in gold, you have my sympathies. I was a Peter Schiff customer disciple since 2010. Very disappointing returns. Perth mint silver. Negative returns. The government has gold and silver locked down. They aren't going anywhere significant. I don't know what many youtubers are talking about with assets. Most stocks give no dividends and when the company goes bust stock holders usually get zip, nothing. No risk. No reward....... it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin 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.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
is it possible to end money all together like the invention of the elevator and Jacque Fresco Venus Project- Machine government all resources for free no money 💵
Just agree to abandon Capitalism. That appears simple as most Humans never appear to enjoy any disposable income. It only requires agreement about respect for another system. People appear ready to accept that concept.
The new Quantum Financial system will do away with the Swift system and the fiat petro dollar.There will be large investments in tokenization of real world assets.
BRICS now represents a majority of resources available on this planet. The US Dollar appears to be one of their targets? They now are capable of bargaining for better Producer prices. the Consumer Nations like the USa used to appropriate resources by offering military threats. Now the USA Empire appears to have misplaced the funds that were assigned to develop the Military power.
Here is evidence why the dollar will go up and gold and bitcoin tank in the upcoming Recession/Depression. Look at what happened during the 2008 Great Recession. Gold dropped 30 percent while the US dollar gained 20 percent. From Mar 2008 to Nov 2008 gold went from $1038 to $676. From may 2008 to may 2008 to Nov 2008 the s and p went from $ 1400 to $700. This was during the Great Depression of 2008. The s and p dropped 50 percent, but gold dropped 30 percent, which is significant. From may 2008 to Nov 2008 the dollar (DXY) went from $71 to $88. The dollar rose 20 percent.
🤔If the dollar was backed by Gold. Then what's backing Bitcoin. 🤨Where does it's real value come from. Also how can you buy Gold with fake US currency. You said that are dollars have no real value. We just use it because that's what keeps our economy going. 🥴
DO THE ONE WHERE YOU SPEAK OF the Small time Buissness franchise Owners Who now about to go Super bust.. Ooo OR THE hurricane of Retirement 55+ Where people are default bankrupt
Petter last week said that GOLD is bullish :D but its in range almost for one montth, and you calling it the best ? we all know that in 2000years gold is climbing nothing is new. before 3 years You could guess when they started to talk about BRICKS that gold will rise up, so if this video was before years yes, but its very late when already is happening, they are not best , probably their more lucky
People don’t understand how inflation ultimately results in deflation. I will explain. The global economy is presently experiencing a stagflationary crisis. During this time currencies do lose value relative to assets. However, over time, as costs rise people are unable to save. This results in a contraction of gdp ie. recession/depression. As the recession lingers, demand for assets falls. Essentially you have the collapse of the everything bubble. Whoever holds US dollars then gobbles up assets at dirt cheap prices.
Return to gold std. ? You know that is impossible now, just coz you hold 2 gold coins you dream up impossible scenarios. you not helping anyone but yourself.
I believe investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market. 35% of my $270,000 portfolio consists of collapsing stocks that were previously respected, and I don't know where to go from here.
This was maybe 2010 2011 when cigarettes went from 450 to 750 and I said wow what a slap in the face. Coming out of a financial crisis and they just kick you when you’re not looking… I was playing Mortal Kombat with someone teaching him the game and I said “you want me to just let you win is that it?” He looked up and smirked at me and said “Yes, just let me win.” After he said that in 2011 I knew exactly where we were headed and this is exactly where we are…
Well this just perfectly explains the inverted yeild curve, why would foreign investors buy long term American municipal bonds which they know will loose value due to a collapse of the dollar
Unfortunately, correct. “And people are different, they are unequal…. If a man has an idea, he will try to find a few people who realize the value of his idea.” Other people, at first, may say: “ they are fools”; but they will stop saying so when they discover that this enterprise is flourishing, and people are happy to buy its products.- Mises
In today's world it makes way more since to keep gold in tech and jewelry. Admittedly came in as a skeptic, but in looking for why a shift back towards gold is needed, the answer from this video has a focus on that it's how we used to do things, and to have a basis on a tangible object. Not bad arguments if we were starting from scratch, but I'd like to fix the problems in the current economics by moving forward, not backwards.
Putin suggested the use of physical currency over 20 years ago. The BRICS Members began accumulating Gold a long time ago. But when you consider the fact that two of the largest Communist Nations, now are represented at the Head Table of a Trade Group that represent 70% of available resources, the endurance of Capital in World Markets , now appears to face some interesting challenges?
Your explanation is clear and practical. Nevertheless, the market can undergo manipulation in various ways. While I initially grasped trading crypto assets, my technical analysis skills were a limiting factor. This changed when I came across Leah Foster Alderman's strategy. Day trading deserves increased attention, given its resilience to the market's unpredictable nature.
The dollar's devaluation occurring because we're circulating more of them. The more in circulation, the cheaper its value. Tying it to a commodity may limit the government's ability to print more by restricting/tying printing to possessing this commodity.
I often dont watch shows of Uncle Robert but even when i watch i learn new things, what are suprised when we know our position as a debtor in the inflation times
The world costs of Commodities was going up by 2015. BRICS has now gained a Trade Group with around 70% of available resources. That seems to be what is driving costs up.
1 hour of Peter Schiff is a masterclass in Austrian Economics. He explains free market capitalism better than any other economist. Thank you for having him on. Great to see these 3 greats together teaching financial education. 🙏🙏🙏
Peter has been a long-term gold bull as I have, but he missed the whole Crytpo bull market which significantly outperformed gold for the last 15 years. He can be great at explaining Austrian Economics, but the only thing he focuses on is Gold and he misses many other opportunities in other sectors. Fintech is taking off, and digital assets will be a big part of the new financial future, and he will probably miss that trend too... luckily I will cover it in the Financial Liberties newsletter and on our channel.
@@stephenpaul4258a smarter question is: "How much money have you from these guys' advice?" That's better than taking the envious/hopeless/know-it-all perspective.
Local coin shops or online you want to keep it safe at home do what most do and dont tell anyone you cant be robbed of something if they dont know you have it,loose lips sink ships and all that 👊
And that’s why I put a reverse mortgage on my home (no payment) and took the opportunity to put my cash flow into metals. If taxes and insurance go up, the metals should too, and my solar loan is a fixed rate, so I won’t have to worry about electricity. Fix any costs you can and diversify.
@@felixschneider1398 Yes, that’s what I did. So far, so good. I already had other assets, but saw what was coming in real estate (I’m in the California bubble), so this was a good way to diversify into non-real estate assets even further without changing my residence. These assets should do very well no matter what happens to the financial system and give me options in real estate or other investments later, after the dust has started to settle.
Contrary to popular belief, Gold, Bitcoin, Stocks, Bonds, will all collapse as yields rise. However, the US dollar will go up, as it is the best hedge against inflation because when asset prices drop (caused by the inflation) the US dollar will be able to buy gold, bitcoin, stocks, bonds, at dirt cheap prices. The more they print money, the more inflation they create, the more bond yields will rise, the more bigger the collapse will be. To prevent this they will raise taxes, but in the long term this will make things worse as they then create a massive depression.
The US dollar doesnt hedge well against the current price of a candy bar at the grocery store so how will it do better when hedged against these assets that have much higher demand?
@@williamcancilla4615 Extremely easy to answer your question. In the present time the global economy is in stagflation. And yes in the present time, all currencies will be losing value. However, this inflation will result in depletion of savings, which will result in a contraction of GDP ie. Recession/Depression. Demand will then drop dramatically. That’s when deflation sets in and all asset prices drop! Ie. a collapse. Those who have US dollars buy up assets at dirt cheap prices.
@@Barr894 Its an interesting argument and I appreciate you carrying on the discussion. Many of us believe that savings will not be depleted assuming wealth can be stored utilizing other assets such as Bitcoin and Gold. These assets are tied to the value of the dollar to some degree but if these assets take on some form of medium of exchange they will far surpass the dollar in granting consumers purchasing power. Many of us will hold our bitcoin and Gold during a recession/depression. Eventually, they will have there own value that is isolated from the dollar.
@@williamcancilla4615 From Mar 2008 to Nov 2008 gold went from $1038 to $676. From may 2008 to may 2008 to Nov 2008 the s and p went from $ 1400 to $700. This was during the Great Depression of 2008. The s and p dropped 50 percent, but gold dropped 30 percent, which is significant. From may 2008 to Nov 2008 the dollar (DXY went from $71 to $88. The dollar rose 20 percents. These are facts that support my contentions but prove your argument invalid.
