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Hi @fufubass - we don't see your question posted anywhere, do you mind reposting or you can email us directly at services@itmtrading.com if you prefer.
The 2008 crash cost me a 900k dollars, and I was so shocked that I didn't invest again until 2020. After conducting thorough research, the result was an initial $1.3 million return in 17 months. My anxiety has since eased as I continued to see positive results
depreciation gives me anxiety. You mentioned your returns, how do you distinguish between results driven by research and plain luck? luck is downplayed in investing
Consistent outcomes aren't luck. research was the challenge until it led to Emily Ava Milligan, a top fund manager, her strategy made 340k into this and counting
after I pasted her name into my browser, her page was the first thing i found. from our interaction It's clear she's in high demand. I wish i had your example to reference earlier. thanks
Point, the Fed's do not have the money for a bail out. We're $34 trillion in debt. Can you imagine what is going to happen when we hit $50 trillion Debt. ???????
Not me. I own a 1.2 million $ home debt free. Zero debt of any kind. And plenty of physical. I’m good unless it comes at me from an angle that is not currently known.
@@zeryphex Who’s selling? Not me! It would be decades before I’d need to access finance from my home. If it came to that, it would mean a total financial meltdown. Financial security would be second place to survival.
I am 66 and still working. I hit full SSI retirement age in 10 days. I have no debt, and I have a decent pile of PM. I am worried that my pension (which I can take as a lump sum) will go "POOF" when the Commercial Real Estate bubble pops. I might ought to retire asap, get the money out of the system, then decide if I want to start drawing SSI or go back to work for a bit. But at least I would have the pension out of the system (I would likely put most of it into PM for now).
If you count to 1 million it will take you 12 days. If you count to 1 billion it will take you 32 years if you count to 1 trillion it will take you 32,000 years. If you count 1 quadrillion it will take you 320,000 years now you have your reference point
In 08 my wife lost her job and we lost our house. But I didn't lose sleep because I knew we'd be fine. This time we're much more prepared but the collapse is going to so much worse that I'm not confident we'll be OK.
@@ChancetheCanine During that period of time, all assets have been inflated and transferred to insolvent banks from 2008. And all losses (and future liabilities) have been transferred to the taxpayers. Long live Crony Capitalism !!
Crash definitely coming gold best bet dollar eventually will b replaced sooner or later thankyou lady for great videos central banks are not our friends Ron Paul thankyou too!
I think its more so the leveraged bets on all that junk that is concerning. All banks are expecting taxlayer funded bailouts and bonuses when it crashes, even as they pocketed the profits on the way up.
ITM sells antique coins of which I own some. With all the problems we have today, gold and silver are moving up, but antique coins are not. What is the catalyst we are waiting for which will make antique coins actually move? I be no one will answer this question.
Hi @jjakejones - The collectible market is driven by true supply and demand. While the spot price has been rising and breaking records, it has prompted some people to sell their coins for cash, causing premiums to decrease. However, when another scare occurs in the US economy, demand will increase and push premiums higher, as it always does. For those who own collectible coins, the goal should be to hold them until hyperinflation or a reset, as that is when their value will significantly increase.
The real problem with the GFC was that synthetic CDOs which jumbled A rated with C rated and marketed as A, to retail investors and the residential mortages were also held by and distributed throughout the system and globally. With commercial mortgage owners being richer and more collaterlised for the downside and the mortgage backed securites more centerlised, it will be easier to organise and structure than 08. So I expect maybe 40-50% crash, mach sharper than 08 but a sharper correction with less bankruptcies that will supress commercial releastte for a few years but without the associated liquidations due to the nature of the clients being more sophisticated. Similiar to 08 but less sever and more akin to 1987 recession.
Interesting tie in. It is the age of the universe that is 14 billion year, Earth is only about 4.5 billion. So if you over the length of time of the universe you were to issue quadrillion contracts, you would issue one ever 7.5 minutes. A quadrillion is a big number.
My take on this and other problems that are known to exist, is the following: finantial engineering is money stealing art. In the end it always makes some win money at the expense of many loosing their savings.
😂 No crash is coming, June 2022 was the 20-25% dip when rates doubled overnight, that dip lasted until February 2023. Especially in the strong markets, such as the Bay Area, the strongest, it’s been doing very well since March 2023.
The reasons for the 2008 real estate crisis are completely different than today. It will not spread into residential real estate. You should specify "Commercial" in your title. It's a bit misleading, given your audience. More than a bit click-baity. Not cool to get people's hopes up falsely. In fact, it's kind of cruel.
How do you figure? People are losing their jobs, inflation is double digit, 40% of residential mortgages have been created since c19, personal debt is almost $18 trillion, CC and auto loan defaults are higher than ever, people cant afford property taxes or insurance, on and on.
