This guy loves his country. A practical, common sense conversation with Daniela. Daniela, you allow your interviewees' to express their opinions while maintaining measured control throughout. Thank you.
I'm approaching retirement with comfortable millions, yet scared of a market crisis and how to benefit from a possible correction. Where do I best grow my money?
Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, than save for retirement.
For me investing with the help of an advlsor set me up for life. Retired with about $1.6m in stock portfolio only. I max out my 401k and have few properties. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me achieve early retirement.
Melissa Elise Robinson is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Great interview. From a friend from Brazil: With respect to his comments on the fact that Canada has been spending an enormous amount of money outside of Canada and not enough inside Canada, my father has always told me and my siblings, "we can help more when we are in a better shape". There's a very logical reason why whenever we are watching those emergency presentations in an airplane we are always told to put our masks first and only then help the others.
Or what is going -10x. Forever 1/oz of silver was $1.00. Now with silver at $30.00 the true value of the Petrodollar is $0.03. $1.00 divided by $30.00 = $0.03
The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
Rate cut should lower prices when everyone panics and sell before hyper inflation crushes everyone but, to big to fail banks. Invest in things people need to survive.
When you sell gold or silver you get dollars. If we look at the inflation of the past 25 years gold is not worth $2500 an oz it is worth $450 an oz. All assets that are tied to the dollar are losing value even if the number is going up. There is one asset that is not inside the system and is not tied to the Dollar and that is Bitcoin. Which is why it is the best performing asset of all time. Should we get a complete crash and the dollar goes to zero I am not sure what good gold is going to do. Will you use it to buy food, gas, your electric bill? No silver will be much superior to gold in that instance. Gold is supposed to be a store of wealth. I am not so sure. I think folks think they undertand gold and silver but they don't really. They just buy it because they have been told it is a good idea. I would rather buy something that folks can't steal (FDR stole America's gold in the new deal) and something that the Govts cannot print away to nothing. This is why Bitcoin is so much better than gold. Any drop or correction in BTC is a buy opportunity. Just my two cents.
@@bpb5541 you don’t get dollars. A dollar within the law is a certain weight and measure of SILVER COIN. A dollar is a unit of measurement. When you sell your gold and silver you get worthless Federal Reserve Notes or other fiat currency.
Gold got to $1920 in September 2011 so it wasn't far off. 10 years minus one month later to get back there. In Monaco they have no income tax, no wealth tax, no capital gains tax, no inheritance tax, no corporate tax. I'm not surprised that they have 90% loans. The people that live there can probably afford the repayments at any interest rate. Canada will soon be rid of Trudeau so don't worry!
Canada will be forced to buy/hold all mined physical gold in Canada, 200 tons or 6,500,000 Oz's. Sell the US Bonds and buy our gold production. The Canadian CBDC = 1 gram of gold. Under the old SDR system the US $ would be worth $67.00 US, today!
Nationalizing mines would make sense in Canada. Why allow those resources to be profited by foreign entities. It would enrich investors and help the Government with its asset/liability issues. Other sectors that have been subject to nationalizing have done well, such as telecommunications, electric power, fossil fuels, railways, etc. It would stabilize the industry and provide the confidence needed for pension funds to enter.
The work opportunity tax credit (WOTC) can be worth up to $9,600 per qualified employee for businesses that hire workers from certain targeted groups facing unusually high rates of unemployment . There go our jobs .
Funny how that is as his mines keep expanding..you wonder why jow public dont invest in silver miners .plus his bank account keeps adding digits as investors get destroy.no different than the bankers on wallstreet.i look forward to the destruction of this fraud system
Thank you, Daniela - and thank you, Rob. Your level headed, calm realism spreads wisdom over the dim landscape of feudalism fracturing our nations. May peace be with you and the wisdom of the ages bless your life.
While I support mining, I think it is short sighted to assume that the Middle Eastern countries don’t have homelessness, crime and such problems just because you don’t see it. Laws are very strict for example in those countries and labour is dirt cheap; that is how their economies are funded. Western countries have done the same. The difference is we haven’t swept our problems under the carpet.
The man is spot on. Everything he said in simple, soft-spoken English is right on point. No fancy words or economic models or theories. Just the basic hard chilling truth. Tho his argentine investments are a disappointment, argentina will never change, corrupt greedy shameless people..who will welcome foreign investment and then snatch it.
China banned from investing in Canadian critical minerals, CPP should be banned from investing outside of Canada. Great interview! One of my favorites.
I appreciate the insights from the professionals discussing forecasts for gold and other precious metals. However, I believe the rise of bitcoin, which skyrocketed from mere pennies to around $60,000 to $70,000, caught many experts off guard. In today's global economy, where consumers can make purchases seamlessly through apps or online, the demand for alternative assets is shifting. Given the limited supply of precious metals and the vast global purchasing power, I wouldn't be surprised to see Gold values soar to $10,000 or even $20,000, especially if we don’t experience significant economic turmoil. This scenario suggests a transformative change in how we perceive value and investment in these commodities. A lot of these guys are just experts at their own opinions with different data from their own experience
I have MUX in my portfolio because I believe that this guy is one of the smartest ( and most decent) owners in the mining space. Also, I wanted a silver miner, so there is that.
Canada has rich resources, but you can’t sell the country off to foreign investmen, to a point where we don’t own the ground we stand on. This is and always has been about money, greed, profit and power. Till this changes , getting back to basics , the downward spiral , will kerp repeating itself. Farming is an example, which is being destroyed at a unbelieveable rate. We need wnergy true, but we slso need food, water, and small farming to come back, as our soil microbiome has become so depleted, along with polluting our food supply with pestisides, herbicides, ect. Get ready for trillionaires, as its all about money greed proit and power. Its not or will never be about the basics , till the Wealthy wakeup, and fake meat, ect isn’t the answer. Ty✌️
Historically, gold and silver go down with equities. It may take a few months to follow but it usually does. If you are assuming the market will tank, your gold and silver will most likely go with it.
👍👍Rob McEwen is a breath of fresh air. Common sense approach in what he does and his intelligent view on what governments fail to see and do. Great interview DANIELA.
Rob is a real businessman. Clean and lean not greed and money money money. I'm probably wrong but my choice after the crash is CPFXF Copper Fox Metals inc.
This was a great guest. Have more like him. They are out there. They are few but they are out there. I hope some of what he is trying to do makes more good people like he seems. Most at his level are above the people but I really don't think he is he is a very down to earth guy. That can communicate with the average person
