The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Very true, you can be passively involved in the markts and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
There’s so much more i wish i could have completed before this time came, but listening to you over the years I at least prepared with the limited funds i had available. Shelter, Food, water, security, barter-ability (gold and silver), community. Thanks Lynette for preparing us.
If you're online making comments; you've probably got electricity, hot/cold running water, food, shelter, sanitation, etc. For those things, we are all truly grateful.
@@lilblackduc7312 Sure we do now but Zang is discussing the inevitably of our economic system crashing and the need to be prepared through owing gold especially collectible coins prior to 1933. Listen to her other videos. Many others are predicting the same thing. The bubble is about to burst like in 2008 but will be worse,
Lynette, you forget to mention that a lot of these banks, the big banks like Bank of America and the bank that’s failing in Japan all have unrealized losses on their spreadsheets and if people start pulling their cash out of these banks, they will be forced to sell all of their holdings(investments) at a major loss and if there is a major huge bank run I think it will have a major domino effect if all decide to pull their cash out .
But as we already know they will not let that happen. They will close the doors and because you are an unsecured investor in the bank you loose everything. The only way you may get some of it is if you are very quick and manage to use your credit card on some resealable items like white ware before they shut off that access to. If you don't hold it in your hands you don't own it. Simple !
Ive watched this channel over and over and come to a conclusions that anything is possible! But getting overly hysterical will never mend the brokeness! I dont hunger wealth and i dont fear poverty! Keep your witts together take a chill pill ! Evolution is about bringing an ever advancing civilization, U CANT ALWAYS BE A WINNER IN THIS GAME OF LIFE, AND THATS ALL OKAY TOO!
Actually, I’m starting to see popular people on RU-vid talk about it - which means we are very close to seeing a collapse. The moment confidence is lost with people, is the moment everything falls aprt.
Paying attention and getting it done. Food, water, shelter, security, community, energy, barter-ability, and wealth preservation. One little thing each day.
The giant monster is wounded and wavering…faltering and off balance and on it’s heels…. Get control of your money and the beast falls over dead…. Run…!!
There is a reason why Christ was given Gold at His birth but sold out for Silver. Satan most likely showed Judas how much silver was going to be worth.
yes things that make you think when your eyes are open how about the huge 85% loses from profits at HSBC link to China Country Garden property collapse nothing much in news on that one try getting getting your money from China.
Nationwide Building Society’s board is pushing ahead with buying Virgin Money, the toxic remains of Northern Rock. Kiss goodbye to Nationwide’s mutual status when these toxic derivatives go boom!
It's also known as fractional banking system. The banks make money off our money. They can clearly fail and not be accountable. This has always been the way banks operate.
We will never own anything. We will never own our land , house or cars due to taxes. They can take it all away after we paid it off but if you dont pay tax to them, they can take it away. I think if you pay it off, you should own it and should not have to pay tax, because they already take money out of paychecks and crv tax or food tax and all the other hidden tax or fees.
Technically with fractional reserve banking, the banks turn your $100 debt into $1000 of "credit" that they sell, trade and borrow into existance. This is effectively printing money. That is inflationary, so they make oversized profits as your money looses its value. Thus to answer a readers question, the banksters can't create debts in your name (except with margin) but their system is guaranteed to make any currency you have valueless.
Owning and stacking PM’s is the best way to give the finger to the entire banking system, and the WEF “you’ll own nothing and be happy”. Wrong Klaus , we own money and you can’t steal it
Great point! We can “own” ALL of our FRN denominated assets if they’re converted to real money and they cannot physically confiscate it. It’s a big middle finger to these psychopaths.
Not the best way, not pver the last 14 years! The best asset for the last 14 has been Bitcoin, not gold. Prove me wrong 😮 Just so you know, I own gold & silver, plus gold & silver miners. But Bitcoin has outperformed all other assets including precious metals. A balanced portfolio is wise 😊
Guy, this is the Everything Bubble, gold, and zilver also go down when it burst. Not listen too gold salesman talk. Your money is save too 250k Dollars when bail ins are coming. When the US default on the national debt, gold goes down.
@@stefanonbekend8177 The US will not default. They will just "print" more money and pay people. With the printers running, precious metals will skyrocket.
@@JJuniverse1111 Considering a financial reset of the dollar, which may result in the resetting of assets denominated in dollars, to 1/1000....None of us can "afford" to lose anything.
Hi Lynette. At 3:10 you mentioned most of the contracts are rehypothecated through the City of London. Can you do a video explaining how the City of London is involved? I have been hearing various comments on social media about this but none have explained clearly. Thank you as always.
Fifteen hundred years ago everybody knew the Earth was the center of the universe. Five hundred years ago, everybody knew the Earth was flat, and fifteen minutes ago, you knew that humans were alone on this planet. Imagine what you'll know tomorrow." - Agent Kay, 'Men In Black'.
Thanks Lynette, what impact in your opinion will this have here in UK (Britain)? My Mother passed in December and our family estate is tied up in a large Financial Bank here, one of the biggest, lots of delays getting probate so we are no where near acquiring all the funds, my stupid controlling brother put it all into one institution against my advice? I have warned my brother and sister time is of the essence but they just don't take my warnings, to get their finger out!! I am quite prepared that my large inheritance may never materialise for all three of us, so be it if the Universe wills it? All the best Lynette, look forward to your next podcast. Aiden
It makes sense why the stock market keeps going up then. They want you to park your saving here on heavy margin. You definitely will own the margin debt.
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.
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.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Good info Lynette, thank you. For a more granular perspective, read Webbs “The Great Taking”. You better sit down & have a nice bottle of scotch while you read…. 😊🇺🇸🏁🏴
I've seen others saying to keep cash out of banks, is cash going to be worth anything?? I have a little silver..but worried what will happen to my social security when it all goes down!
I've got over $60,000 that I've lost access to in this mess. I am 100% doing a bank run the second I get my money back (which is starting to feel less and less likely). It is all going directly into my Bank of America account until I start distributing it among fintech, banks, and credit unions. Although after all this I might even become one of those people who buy gold and keep it hidden under my mattress. Most the missing money seems to be gone from my fintech in particular, so looks like I'll be one of the people holding the bag. No government agency will step in, lawyers won't touch this with a 10 foot pole, regulatory bodies all say it's not their problem, and all the banks keep changing their stories and pointing the finger at Synapse (which no longer exists). :(
Lynette, is there a way to flip this on this chain of “owners?” Seriously, is there a way for ME to use part of that chain to leverage THEIR “possession” to one up them where a judge in a court (as will inevitably happen) side with ME when I score a huge profit-play?
Hi Lynette, have you read the book The Great Taking by David Rogers Webb? In the book it explains how the banks with Government help can take possession of all your assets. The Author, because he thought it so important has offered it in a Free Download PDF form and it is Free on RU-vid as an Audio Book.
thats right,they always say,peoples behaviour are changing...but actually their the ones changing the system.i dont think the average joe in trhe street wants CBDC
Another contributory issue to the collapse of the financial system is the unwinding of the Japanese Carry Trade occasioning the sale by Japanese Banks etc of their massive US Treasury Holdings, which when arriving back in the US forces further depreciation on the Dollar Value leading to eventual bankruptcy!
What would be your opinion of Thai gold jewelry for investment? They have high quality 96.5% gold jewelry in Thailand from reputable gold markets there, some been in business over 100 years.
Back in 2022 when btc was at its cycle low, people where saying btc is done for it's going below $15k US it's going to zero. Well it's down 10% from mid March ath 2024 and now everyone is shitting themselves. That doesn't make any logical sense especially for crypto.Its just a shake out phase, chill people go zoom out at old charts. We are at around 1.4 trillion market cap and only growing, just wait and see the price next year in March it will double....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....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.
Talking about "if you dont hold it you don't own it"...all property deeds are kept with county or municipal office. They only provide you with a copy of the deed when you buy it. So technically you dont own property either.
Last week the Synapse guy behind the Evolve Bank and Trust was in San Jose pitching various Silicon Valley Teams for them to invest in his Humanoid project. What I don’t understand is why is he not trying to get our money back rather than a new startup.
Are Canadian banks at the same risk at the same time as the US banks? I know for sure that CDIC has less than 1% coverage (.7%) for each insured dollar deposit.
Would it be wiser to buy South American coins like the Brazilian 10k Reis at .2643 Troy Oz or the 1930 Uruguay 5 peso at .2501 Troy oz for $20 less than the more recognizable pre 33 US $5 half eagle at .2419 Troy oz for an extra $20.what is better the extra weight or the recognizability?
That is an interesting point about there being more digital gold than real gold that will ever exist. In 1970, when the US told Germany they would have to wait seven years for their gold, that was bad enough. But if countries or individuals are going to be told they will never get their gold, just when they need it, things will turn ugly.
That's exactly what they are doing and have been for decades. They are selling the same oz of silver to 400 people in a paper contract. At $30 400 times would make that oz worth $12,000
Ummm....on my capitol one credit card account, I paid off what I owed on the card, but the available credit is not filling back up. I'm not 100% sure, but, I don't remember it normally working that way. It's something that surprised me and I've been checking on the last few days.
Yes, they do, and the irony of that is that they don't need to do that. Banking is a very conservative enterprise and cannot be run successfully in any other way. But the banks that are run conservatively still make lots of money for the bank, their shareholders, and their bank officers. Running as they have been run in the last 40-50 years is due to pure unadulterated greed and nothing else. This will not end until banking in this way ends. And it needs to end so that the wealth of the nation is not thrown away by those too greedy and incompetent to actually run a bank correctly. The Bank of North Dakota could serve as a model for all banks. The BIG NYC based banks, however, are symbols of all that is wrong with banking. Aren't we ALL just tired of being strapped to this milking machine?
$85 million is couch cushion change when it comes to the bail out conversation, but it is enough to rattle a small bank. I remember the SVB situation, initially the Fed/Treasury was going to let depositors take a haircut beyond the $250K coverage limit, then they caved and bailed everyone out. The Treasury and Fed can’t afford banking chaos, printing fiat confetti… ahem…I mean currency is the answer to a bank run.
