The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. BITCOIN is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into BITCOIN.
I regret not investing in Bitcoin earlier and instead kept my funds in a HYSA. Now, with $200k to invest, I want to avoid FOMO and buying at the peak. What's the best approach for a beginner to navigate the market?
Consider using dollar-cost averaging (DCA) instead of making a lump sum purchase. Consult an expert for informed decisions. Time in the market is crucial. Following this strategy, my portfoli0 grew to $700k.
That is exactly the reason I stopped taking advise from RU-vidrs; in the long run, I only end up with a jumbled collection of stocks and bonds. Whereas all I needed to earn over $350k in less than two years was guidance from a true market expert.
I hope you don't mind if I ask you recommend this particular professional you use their service? I have quite a lots of difficulty sorting myself out in this downtime.
She goes by "Melissa Elise Robinson" I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
The gamestop thing really exposed how haywire the stock market really is. Its so over complicated. Its more of a casino than investing in acutal companies that produce things.
GREAT interview and I'm only half way though. Glad he notes reinforce why gold won't work for countries (lack of trust, rehypothecation, ...) Foreign gov'ts buying US debt is going to continue to go down percentage wise because US debt level is blowing up from year to year. Maybe the charade could have ran longer if not for covid and excess printing.
Bitcoin is mostly held by a few large entities. What keeps them from doing the same thing as they did with gold. Currency pegged to bitcoin and then hypothicated. Seems like a given. Except with gold theres no third party such as internet or electricity availability.
Great conversation! But! One thing I know for sure is that gold and silver has been around for the last five thousand years. Bitcoin? Not sure how long it’s gonna last.
Thanks for great content. What about the elephant in yhe room? If central bank finance most government activity by QE, money loses all value since it's supposed to represent value of labor.
I’m not sure in the case of Japan that monetizing the debt is stealing from the Japanese citizens because for them in this period they were experiencing deflation. So purchasing power was increasing the whole time. But I did not hear this point addressed in today’s broadcast. A key point I think ❤
At 27:28 he's speaking about yenterventions, he should mention that Japan is dumping their USD reserves partly because they see more and more countries dumping the USD and holding reserves in Yuan. There's also a benefit to that trade
Gold is a tier1 asset. BIS has the most influence over the Central banks and monetary system. BIS does not state that Bitcoin is a tier 1 asset or ever will. BIS is experimenting with CBDC, and project MBRIDGE. Gold is obviously in future plans with it being designated as a Tier1 asset
Bitcoin is a naturally emerging asset. The BIS will preach endlessly how bitcoin wont work bc they know they cannot control it. The people will eventually decide global monetary policy and they will favor bitcoin. The BIS will slowly fade away as bitcoin adoption increases.
Gold is antiquated bitcoin. Fiat has counter party risk. When people can eliminate counter party risk with a neutral asset, trust expands; therefore money expands.
AROUND 1hr15min-1hr20m regarding gold and btc, Won’t they just find similar ways to manipulate btc w futures and “I owe you’s”?….PS that was an awesome conversation thanks!
With re: to this "Dollar denominated debt"..... One thing I keep saying..and have yet to get a response to...... There is NOTHING keeping this debt from being re-valued in another currency. If some Chinese Co owes debt to a Russian Co.... they don't HAVE TO demand repayment in USD, because that's how it originated..... a LOT of this "USD Based Debt" could easily be revalued into another currency....eliminating this "demand" for future USD.
You need to look into brics currency more. I do believe they have found a way to tokenize real world assets in an algorithmic way that makes it decentralized. So conflicts between the Nations involved wouldn't be a problem
When I realized what "money" is amd what Bitcoin is, I quit throwing my money away into a savings account and put it all in Bitcoin. Best decision I ever made
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Slone
Wow. I'm a bit perplexed seeing her been mentioned 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.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
Look at the price of Gold in Yen over the past decade 😳 and I’d look into the “Unit” 40% Gold, 60% basket of currencies and no single currency can hold more than 30% of the 60% basket 🧐
BRICS will have a transition currency. After whatever version of WW3 is over, the victor will have the next real reserve currency. Right now that looks like China, but the process could be chaotic.
I expect emp's...then them to intro THEIR digitisation of mankind..to be emp'd too?? (What better way to end it?...and repeat, pointing at each other, for "victory"..learn to subsist, asap!!
The only way one person can deal against hyperinflation is independent manufacturing of any basic goods. Bitcoin has proved to be absolutely useless in the real world. May be metals have a little chance to help surf the hyperdebasement of the currencies.
You do realize that any currency being valued in the 1000s of another currency is not sustainable as usage for a global currency. The dollar would not survive if it took 10,000 pesos or 10,000 of any other to world currency to get one dollar. @@masonsoutdoorsportsmenadve4933
Jfc this host is annoying. Peruvian Bull says something Robert : wow PB talks Robert : mmmmm PB talks Robert : mmmhmmm PB talks Robert : mmm right PB still talking Robert mid PB sentence : MMMMM mmhmm right
I think it sets a bad president. You basically telling everybody that made really stupid choices that they can make stupid choices and somebody will save them....
