The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
'Stacy Lynn Staples' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I agree and not even hard assets can save you. Hard assets will have to be reevaluated meaning hard assets will also fall in price. Bitcoin is the only hard asset that’s scarce. I expect 1 million BTC in the 2032 “cycle”.
@@David-s6e4q Except.....Bitcoin is NOT a "hard" asset. It's digits on a screen. The amount of power requirements for both AI and crypto mining are astronomical. Physics will bite.
World? The rich get richer off loans of items they don't own and buy stocks with money they don't have, the middle class with debt is doing it for food, car payments and to survive
Part of social security is this SSI program for people never worked so not paid into program. These people never worked if need monies should be in some other government program. Social security setup for just workers that contributed over many years. This SSI is near a 100 billion payout each yr to those not worked. This confuses the whole social security program. SSI for non workers lumped into worker program in the 70s.
Social security is not a expense you can cut. It's the people's money. We gave the government aprox. 10% ( employees/companies) each paycheck,to invest for us....
No war, no crisis, no pandemic, full employment, record stock market, and yet the US still needs $2 trillion annual deficits to keep the economy on life support.
I don't understand why you would respect anyone who calls for a melt up, or a meltdown quarter after quarter, year after year without it happening. Seriously perplexing
The U.S. debt crisis is a topic that stirs up a lot of questions-and for good reason. If the United States were to default on its debt, the impact would be felt globally, not just within America. The U.S. Treasury securities are considered one of the safest assets, so a default would shake confidence in the entire financial system.
The economy is facing a range of issues tied to uncertainties, including housing difficulties, foreclosures, and global economic fluctuations, all leading to instability. Rising inflation, sluggish growth, and trade disruptions demand prompt intervention from all sectors to restore balance and encourage growth.
With $420,000 in retirement savings, it may be beneficial to diversify into assets that typically perform well during inflationary periods, such as Treasury Inflation-Protected Securities (TIPS), commodities, or foreign currencies. Additionally, considering global real estate, diversified foreign bonds, or high-quality international equities could provide protection against a depreciating dollar and inflation risks.
No, it is really easy. Debt jubilee. Then let the chips fall where they may. But they don’t want that - it would expose the corruption of the system. Graeber claimed that jubilee is the only real option. The other option - to let the system collapse - would be much much worse.
@@kensurrency2564 It is only a jubilee if there is a 50 year advance warning. Otherwise, it is just theft, and highly destructive. No one would ever get a thirty year mortgage again, or the interest rate would be unrepayable. There might also be a huge wave of inflation when all those outstanding bank loans (new money) did not have to be paid back, followed by a deflationary depression when lenders became afraid to lend.
I watched an interview with besson from two weeks ago, before nomination, and he said bretton woods. so many clues, I'm pretty sure they'll frontrun restructuring with gold revaluation and hyperinflationary debt jubilee. 'start over'. gonna get riiiicccchhhh biiiiccccchhhhh
A train wreck. The situation here in Japan is much worse. We have no debt ceiling nor debt brake nor OBR or 3% GDP target. All you need is a Cabinet meeting to print more money.
I find it very weird to hear a number of analysts speak as if the defense budget is untouchable. This is a HUGE area of the budget that can be reduced, between kickbacks, incredibly inflated costs for things like toilets, wars, etc.
Gold has not responded because they don’t have money to buy it. That’s what these forecasters forget. Hard assets can’t go up unless people have money to buy in and the people who are buying eventually run out of money to buy it. That’s how tops happen.
I know nothing compared to your guest but I think he missed an important point. People aren’t buying gold miners because they are wanting gold in their possession, not gold in the ground. Mines can be nationalised. Mines can be prevented from producing because of politics (see Australia’s largest silver mine unable to proceed, after five years of spending and preparation, due to a ‘secret’ indigenous claim.
I like Larry but I can't share his position on bitcoin. Originally it was intended to be outside the system but the US regime has had no problems seizing it as highlighted. The bitcoiners have embraced Wall Street and the government being 'orange-pilled'. The fact that this doesn't cause anyone to question its original purpose is quite troubling.
The alcoholic analogy made me think of the classic piece "Fear the Boom and Bust: Keynes vs. Hayek" If you haven't watched it, you should. A 6minute musical 101 on Austrian vs Keynesian economics. Most entertaining.
Thanks! Kitco bringing the cream of the crops of guests! Sound money threatens the power that the Anglo American Establishment has over the U.S. I think that they will choose war over giving up their control. Unfortunately.
Thank you for saying that, Larry. I would not wish to have a "modern" life that requires deaths of other people. There is no honor in our Government. A world of compassion is what we require - on Earth as it is in Heaven.
Im baffled by how many people here don't really understand Bitcoin. Gold bugs understand the problem with money, but still cling to their pet rock as the solution. The digital world is here. Bitcoin is digital gold.
@user-gr6og9dj7l True. However, that is one nation. Of course they made a speculative gamble that paid off with the increase in trading value. Why, Bitcoin isn't even truly backed by "stable coin".
@user-gr6og9dj7l I have read that there is consideration for digital currency along the lines of Project Embredge from the Bank of International Settlement but that would just be use of the block chain architecture applied to a digital version of existing currencies.
What are we to believe, it was said by many that the collapse would happen last fall, then it was this fall, so one has it right. I do think it will happen, too much debt and still climbing.
Who has 8 TRILLION to borrow every 4 years. Shouldn't we look at not paying the PRIVATE FED since they've stolen Americans wealth since their founding. 36 T American Dollar 💵 cannot be paid back. Congress owes a lot of Tax dollars to the FED. When you borrow from yourself, should the Treasurys coffers be 36 TRILLION richer?
Still, who will take measures to reduce the deficit? They speak of a Trillion as if of no consequence. US has a debt of 36 Trillion, how will repay? In all probability, they will try to write it off somehow.
gold stocks are not weak "because no one thinks the gold price is real" . It's because the miners keep disappointing. Many cannot manage their costs so inflation removes all the profit leverage (e.g., NEM) and others are perpetually under delivering (e.g. barrick). Some of the better miners have done better (e.g. aem, kgc) but not always clear that they are the best risk adjusted investment opportunity atm (or ever LOL).
We really don't want to impose the Tariffs, it's a tool to inlist cooperation from the governments involved. Tariffs are the preview of the Executive Branch, so Trump doesn't need Congressional approval.
Many thanks for the video. Everybody needs financial freedom. Let this be a thread for some more simple, reproducible approach from anyone who have build wealth. I have saved up $190k to get started.
My success was largely based off of a single, simple approach (portfolio Management) but remember, investing is a journey, not a sprint - take your time, stay patient, and stay focused on your long-term goals.
At the end of the day, there's no one particular way of bridging that gap. but starting to save early and investing in the financial markets can never go wrong. if I were to start over in 2024 with less than $50k I would still use the portfolio management play-book.
Sophia Irene Powell is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment. >Wishing you all the best !
Sophia Irene Powell 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.
people will pay off debt through inflationary taxation. they too have become too indebted by not saving. bu today, the world will unlike what happened in 1970s abandon dollar. there are alternatives such as gold, sdr, trade in local currencies barter. the world does not want to be taxed to help the west. neither does it want to pay criminal interest rates that volcker caused in 1980.
They won't be able to cut it without causing pain. American's won't want to live hard those people aren't alive anymore. Elon and Ram my Shwammy are trapped
Thank you gebtlemen. A sincere question. When gold, as established and as old as it is, is ‘undervalued’, then you are actually saying: * parties havent done their maths. * parties are not choosing to buy gold enough. I refuse to believe this is a reasonable possibility. We are talking professional parties and older generations who love gold in their portfolios. Is there another, unspoken option that can explain the development of the gold price? In a random interview by one of David Lin’s guests, it was suggested that the gold price is rigged, so not established by supply and demand. What are your ideas on this.
Never talk about social security without telling the American people that the American government borrowed 1.7 trillion dollars from the Social Security fund.😊
Hey here is a thought....How about billionaires and millionaires and corporations pay their FAIR SHARE of TAX, if debt is so important why won't you rich cats pay your share of TAXES? Do whatever it takes...... it takes you fat cats to pay your share of TAXES!
bitcoin is not sound money compared to gold. It’s a store value and you always need buyers to keep it moving in price up or down the day it stops moving it goes to zero it’s just a on ramp for CBDC
I hope the first thing on the Government Efficiency Dept’s chopping block is any and all spending on the idiotic ‘Space Force’ that trump created last time, with money we didn’t have then either! 😖
I like Larry a lot and he is a very smart well balance man but i vehemently disagree with his opinion that gold bugs and bitcoiners are on the same side, they are clearly not. The only thing that bitcoiners and goldbugs have in common is that we all know the banksters are killing us all financially and that every fiat currency ends badly...in the face of these facts bitcoiners seek great wealth with a highly speculative and risky asset. Goldbugs on the other hand seek the safety of a low risk asset in order to preserve what they already have. Thats like the difference between a gambler and a saver. The original bitcoiners who bought in when it was less than a hundred dollars had the right idea and some of them must be rolling their eyes at the idea of bitcoin being centralised and regulated as a strategic asset of the very banksters and government who they were trying to circumvent in the first place. I remember 15 or so years ago when max kaiser was on the Alex jones show talking about how bitcoin was going to bring these criminal banksters to their knees, it was such an exciting proposition but now bitcoin is willfully becoming the governments bitch.
Thank you for your videos mate.... With Trump's presidency, economic shifts are expected to be significant, especially given the current recession and the potential impact of future rate cuts. Although rate cuts might not boost inflation as hoped, they may lead banks to further restrict consumer and corporate lending, contributing to a deflationary period for various assets. This environment could result in declining stock values, retail and housing sales, and rising unemployment due to layoffs. For investors, a diversified portfolio especially with stocks and cryptocurrencies offers some protection, serving as a hedge amid volatility. Both long- and short-term trading strategies can help manage risks, providing stability as markets adjust. I have managed to grow a nest egg of around 130k to a decent 532k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
New survey has revealed rising adoption of cryptocurrency among the world billionaires, as they start experimenting in the digital currency, expanding their investments portfolio beyond traditional profitable assets.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
this is very insightful. Hope you don't mind me asking you to recommend your advisor?
'Stacy Lynn Staples' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thanks, i did a quick web search and i found Stacy, i hope she responds to my mail.
Lawrence is the best. Called both the gold and bitcoin rallies this year.
Larry is so clear and balanced. One of my favourites.
The entire world is addicted to debt. This will not end well.
I agree and not even hard assets can save you. Hard assets will have to be reevaluated meaning hard assets will also fall in price. Bitcoin is the only hard asset that’s scarce. I expect 1 million BTC in the 2032 “cycle”.
@@David-s6e4q
Commodities will not escape, correct.
Precious metals provide the best option.
But anything can happen.
Bitcoin for speculators.
Not me. Debt free. Home, car and all credit cards paid off. I’m not your average female bear and listen to my elders.
@@David-s6e4q Except.....Bitcoin is NOT a "hard" asset. It's digits on a screen. The amount of power requirements for both AI and crypto mining are astronomical. Physics will bite.
World? The rich get richer off loans of items they don't own and buy stocks with money they don't have, the middle class with debt is doing it for food, car payments and to survive
I’ll exchange my federal debt notes for real money while I still can, thank you very much.
Same. Bitcoin is the only way forward.
@@nickcrawford4953😂 Bitcoin is not real money. I’m referring to Gold and Silver.
No gold is real money BTC is speculation
@@williamhofford8116right that’s why BTC follows M2 so accurately right? Having a limited supply is the only way to have sound money.
Thank you for having Lawrence on. He knows what’s going on. Gold Bitcoin barbell is where it’s at long term. 🏋️♀️
kitco is killin it this week, cheers!
I think the debt has been talked about for the last 30 years. And the dollar has been buying less every year.
you ain't seen nothing yet
Always love the New Orleans Conference shows. So many great guests packed into one week. 👍🏾
Brilliant. I've a lot of time for Larry.
Always delightful to listen to Lepard. No BS, straight-shooter.
Good interview. Thx.
Big fan of Larry. Solid analysis and opinions.
Larry the legend!!!
Part of social security is this SSI program for people never worked so not paid into program. These people never worked if need monies should be in some other government program. Social security setup for just workers that contributed over many years. This SSI is near a 100 billion payout each yr to those not worked. This confuses the whole social security program. SSI for non workers lumped into worker program in the 70s.
Great interview
Social security is not a expense you can cut. It's the people's money. We gave the government aprox. 10% ( employees/companies) each paycheck,to invest for us....
Very good analysis.
Great interview
🔥🔥🔥
No war, no crisis, no pandemic, full employment, record stock market, and yet the US still needs $2 trillion annual deficits to keep the economy on life support.
This is an excellent conversation
I don't understand why you would respect anyone who calls for a melt up, or a meltdown quarter after quarter, year after year without it happening. Seriously perplexing
Jeremy clearly having some fun in New Orleans. Nice!
They need to get debt to GDP down below 100%.
Borrowing 30% of the budget every year when you're at 122% debt to GDP means that debt must be monitized
The U.S. debt crisis is a topic that stirs up a lot of questions-and for good reason. If the United States were to default on its debt, the impact would be felt globally, not just within America. The U.S. Treasury securities are considered one of the safest assets, so a default would shake confidence in the entire financial system.
The economy is facing a range of issues tied to uncertainties, including housing difficulties, foreclosures, and global economic fluctuations, all leading to instability. Rising inflation, sluggish growth, and trade disruptions demand prompt intervention from all sectors to restore balance and encourage growth.
With $420,000 in retirement savings, it may be beneficial to diversify into assets that typically perform well during inflationary periods, such as Treasury Inflation-Protected Securities (TIPS), commodities, or foreign currencies. Additionally, considering global real estate, diversified foreign bonds, or high-quality international equities could provide protection against a depreciating dollar and inflation risks.
Quote of the year, "I'm not sure God himself could solve this thing......it's a mess, a real mess."
No, it is really easy. Debt jubilee. Then let the chips fall where they may. But they don’t want that - it would expose the corruption of the system. Graeber claimed that jubilee is the only real option. The other option - to let the system collapse - would be much much worse.
God created gold n silver as money and it's in the bible
Man made problems and ask God to solve
@@kensurrency2564 It is only a jubilee if there is a 50 year advance warning. Otherwise, it is just theft, and highly destructive. No one would ever get a thirty year mortgage again, or the interest rate would be unrepayable. There might also be a huge wave of inflation when all those outstanding bank loans (new money) did not have to be paid back, followed by a deflationary depression when lenders became afraid to lend.
I watched an interview with besson from two weeks ago, before nomination, and he said bretton woods. so many clues, I'm pretty sure they'll frontrun restructuring with gold revaluation and hyperinflationary debt jubilee. 'start over'. gonna get riiiicccchhhh biiiiccccchhhhh
A train wreck. The situation here in Japan is much worse. We have no debt ceiling nor debt brake nor OBR or 3% GDP target. All you need is a Cabinet meeting to print more money.
I find it very weird to hear a number of analysts speak as if the defense budget is untouchable. This is a HUGE area of the budget that can be reduced, between kickbacks, incredibly inflated costs for things like toilets, wars, etc.
Gold has not responded because they don’t have money to buy it. That’s what these forecasters forget. Hard assets can’t go up unless people have money to buy in and the people who are buying eventually run out of money to buy it. That’s how tops happen.
I know nothing compared to your guest but I think he missed an important point. People aren’t buying gold miners because they are wanting gold in their possession, not gold in the ground. Mines can be nationalised. Mines can be prevented from producing because of politics (see Australia’s largest silver mine unable to proceed, after five years of spending and preparation, due to a ‘secret’ indigenous claim.
Yeah there are all kinds of risks with the miners.
The USA has been averaging nearly $2 trillion annual deficits since 2008. Hyperinflation is our future.
How is Bitcoin sound money ?
“Sound” meaning the government cannot increase or inflate the supply like they can with fiat currency
Larry the king
Well said. Smart man. The American thinking I look for.
Ready for the reset when you are…🍿🍾🎊🎉
I like Larry but I can't share his position on bitcoin. Originally it was intended to be outside the system but the US regime has had no problems seizing it as highlighted. The bitcoiners have embraced Wall Street and the government being 'orange-pilled'. The fact that this doesn't cause anyone to question its original purpose is quite troubling.
The alcoholic analogy made me think of the classic piece "Fear the Boom and Bust: Keynes vs. Hayek"
If you haven't watched it, you should. A 6minute musical 101 on Austrian vs Keynesian economics. Most entertaining.
Larry 💪
Great show. I know he is a maxi but he is wise.
Lion's go down fighting...dont expect anything else from an empire of oligarchs and occultists...
Real money comes from real physical metals. I agree the only reason wars exist is because of inflation.
Well your “real money” inflates at 2% per year and has hundreds of trillions of paper gold on top of that.
I can't value BTC, it's just another Fiat currency minus the paper and ink. Number go up, still a box full of Air.
Have you read the whitepaper 🤨
It's the only asset that _is_ inflation-proof: as you just can't print more.
Exactly
@@TheContrarianThinker You can make bitcoin 2, 3, 4 and 10000 other cryptoes, it is not limited.
Someone could create Bitcoin 2.0 which is superior to current Bitcoin
"There will never be a pole big enough for me to ever touch bitcoin." Peter Grandich. There's Gold, everything else is credit...JP Morgan.
Wow, honest admission that he does not know! Impressive.
Thanks! Kitco bringing the cream of the crops of guests!
Sound money threatens the power that the Anglo American Establishment has over the U.S. I think that they will choose war over giving up their control. Unfortunately.
Gold and silver are money in the truest form but if a taped banana can sell for $6.2m, bitcoin can do likewise.
when things start to crash, that taped banana will be worth less than a banana 🤣
#EndUsury
It was a bitcoin millionaire that bought the banana.says it all!!!
Larry is really good! A must have on Kitco from time to time!
World debt in the quadrillions, that’s still payable. 🤔
Just great! Rey plausible!
Thank you for saying that, Larry. I would not wish to have a "modern" life that requires deaths of other people. There is no honor in our Government. A world of compassion is what we require - on Earth as it is in Heaven.
Im baffled by how many people here don't really understand Bitcoin. Gold bugs understand the problem with money, but still cling to their pet rock as the solution. The digital world is here. Bitcoin is digital gold.
And if the US don't have the gold then you have found Satoshi.
Two years. ? More like two months.
i 100% agree there's no way they make it two years without a crash and print
they have to cut the interest payments which means that the rates have to go down
and when they do cut rates...there will be zero economic growth this time
How can Bitcoin be equated to sound money? The valuation of Bitcoin makes no sense when it is not a currency and is not a real world commodity.
Tulips 🌷
@user-gr6og9dj7l And, Bhutan.
Some people are just slow, to comprehend.
@user-gr6og9dj7l True. However, that is one nation. Of course they made a speculative gamble that paid off with the increase in trading value. Why, Bitcoin isn't even truly backed by "stable coin".
@user-gr6og9dj7l I have read that there is consideration for digital currency along the lines of Project Embredge from the Bank of International Settlement but that would just be use of the block chain architecture applied to a digital version of existing currencies.
It's called greed... Bitcoin owned by the rich wants this to go up...
You're showing wrapped BTC on Solana: can you swap between chains?
What are we to believe, it was said by many that the collapse would happen last fall, then it was this fall, so one has it right. I do think it will happen, too much debt and still climbing.
Dollar and gold standard is very clear...It's in our construction
What's the negative impact will this have on our retirement and pension? How do we protect it?
Silver is UNDERRATED , UNDERVALUED , and the BEST DEAL PRESENTLY !!!
There is no gold in Ft. Knox.
I’m not in any one camp ,gold or BTC I want both 👍🇦🇺🚀
Ill never understand how some feel BTC (1’s and 0’s) can be the same as useful precious metals.
bitcoin is quick fix, its not replacement for time tested gold
Huge fan of Larry's, except for his love of Bit-con. I don't have to like everything about someone to be a big fan, though!!
It's dicy now bro! It's over 😮 Washington is insane😮
Who has 8 TRILLION to borrow every 4 years. Shouldn't we look at not paying the PRIVATE FED since they've stolen Americans wealth since their founding. 36 T American Dollar 💵 cannot be paid back. Congress owes a lot of Tax dollars to the FED. When you borrow from yourself, should the Treasurys coffers be 36 TRILLION richer?
Still, who will take measures to reduce the deficit? They speak of a Trillion as if of no consequence. US has a debt of 36 Trillion, how will repay? In all probability, they will try to write it off somehow.
I think I heard they are going to downgrade the US credit rating again soon, sure that will make Bitcoin explode.
Banner diagram shows it starts in 2026, I think end of 2024:-)
God will solve the whole problem this time
gold stocks are not weak "because no one thinks the gold price is real" . It's because the miners keep disappointing. Many cannot manage their costs so inflation removes all the profit leverage (e.g., NEM) and others are perpetually under delivering (e.g. barrick). Some of the better miners have done better (e.g. aem, kgc) but not always clear that they are the best risk adjusted investment opportunity atm (or ever LOL).
Bitcoin is sound money... BWAHAHAHA!!!!!
US can adopt Bitcoin internally all they want but rest of world will not accept it.
Please talk about what trump’s going to do to Canada with his tariffs
🎉🎉🎉🎉🎉🎉🎉🎉🎉
We really don't want to impose the Tariffs, it's a tool to inlist cooperation from the governments involved. Tariffs are the preview of the Executive Branch, so Trump doesn't need Congressional approval.
So forget about the $6 Trillion covid dollars how about the first $30 TRILLION DOLLARS
I don't understand how free-floating crypto-currencies like BitCoin can be "Sound-Money".
I don't like fiat, bond too. Also drugs and bombs producers;-)
Many thanks for the video. Everybody needs financial freedom. Let this be a thread for some more simple, reproducible approach from anyone who have build wealth. I have saved up $190k to get started.
My success was largely based off of a single, simple approach (portfolio Management) but remember, investing is a journey, not a sprint - take your time, stay patient, and stay focused on your long-term goals.
At the end of the day, there's no one particular way of bridging that gap. but starting to save early and investing in the financial markets can never go wrong. if I were to start over in 2024 with less than $50k I would still use the portfolio management play-book.
think you could suggest any professional/advisors i can get in touch with? i'm in dire need of proper portfolio allocation
Sophia Irene Powell is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
>Wishing you all the best !
Sophia Irene Powell 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.
Bit coin is vapor ware
people will pay off debt through inflationary taxation. they too have become too indebted by not saving. bu today, the world will unlike what happened in 1970s abandon dollar. there are alternatives such as gold, sdr, trade in local currencies barter. the world does not want to be taxed to help the west. neither does it want to pay criminal interest rates that volcker caused in 1980.
The economy will also create unemployment due to Artificial Intelligence based job loss
Same broken record 🥱
Canada Mexico joining BRICS in case tarifs... US suicidal.
They won't be able to cut it without causing pain. American's won't want to live hard those people aren't alive anymore. Elon and Ram my Shwammy are trapped
It seems like it was just 35 trillion! 😝
Thank you gebtlemen.
A sincere question. When gold, as established and as old as it is, is ‘undervalued’, then you are actually saying:
* parties havent done their maths.
* parties are not choosing to buy gold enough.
I refuse to believe this is a reasonable possibility. We are talking professional parties and older generations who love gold in their portfolios.
Is there another, unspoken option that can explain the development of the gold price?
In a random interview by one of David Lin’s guests, it was suggested that the gold price is rigged, so not established by supply and demand. What are your ideas on this.
Watch David Schweikert
the 7 seals are about to be opened
Never talk about social security without telling the American people that the American government borrowed 1.7 trillion dollars from the Social Security fund.😊
Hey here is a thought....How about billionaires and millionaires and corporations pay their FAIR SHARE of TAX, if debt is so important why won't you rich cats pay your share of TAXES? Do whatever it takes...... it takes you fat cats to pay your share of TAXES!
2 years. You wish. 😅
Larry thinks ponzi scheme bitcoin is the same as gold. Lol
bitcoin is not sound money compared to gold. It’s a store value and you always need buyers to keep it moving in price up or down the day it stops moving it goes to zero it’s just a on ramp for CBDC
Exactly. It's amazing how people can't see that it's purely a piece of cheese designed to get all the mice.
is CBDC the mark of the beast
I hope the first thing on the Government Efficiency Dept’s chopping block is any and all spending on the idiotic ‘Space Force’ that trump created last time, with money we didn’t have then either! 😖
Military is the one actual thing the Frderal Gov should be funding. Use your brain.
So naive thinking Trump is the answer. I guess will see
So, Scamala is the answer, according to you 🤨🤣🤣
He's the best of the worst; which _all_ Western politicians are!.
He never said that. He said despite Trump’s better policies, we’re still screwed.
@@TheContrarianThinker The King of Debt that has declare bankruptcy numerous times is the best of the worst. Interesting take.
There is some fat?
I like Larry a lot and he is a very smart well balance man but i vehemently disagree with his opinion that gold bugs and bitcoiners are on the same side, they are clearly not. The only thing that bitcoiners and goldbugs have in common is that we all know the banksters are killing us all financially and that every fiat currency ends badly...in the face of these facts bitcoiners seek great wealth with a highly speculative and risky asset. Goldbugs on the other hand seek the safety of a low risk asset in order to preserve what they already have. Thats like the difference between a gambler and a saver. The original bitcoiners who bought in when it was less than a hundred dollars had the right idea and some of them must be rolling their eyes at the idea of bitcoin being centralised and regulated as a strategic asset of the very banksters and government who they were trying to circumvent in the first place. I remember 15 or so years ago when max kaiser was on the Alex jones show talking about how bitcoin was going to bring these criminal banksters to their knees, it was such an exciting proposition but now bitcoin is willfully becoming the governments bitch.
I think if Elon does a good job he will be our next president
He was born in South Africa.
Thank you for your videos mate.... With Trump's presidency, economic shifts are expected to be significant, especially given the current recession and the potential impact of future rate cuts. Although rate cuts might not boost inflation as hoped, they may lead banks to further restrict consumer and corporate lending, contributing to a deflationary period for various assets. This environment could result in declining stock values, retail and housing sales, and rising unemployment due to layoffs. For investors, a diversified portfolio especially with stocks and cryptocurrencies offers some protection, serving as a hedge amid volatility. Both long- and short-term trading strategies can help manage risks, providing stability as markets adjust. I have managed to grow a nest egg of around 130k to a decent 532k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
Sandy Barclays program is widely available online..
New survey has revealed rising adoption of cryptocurrency among the world billionaires, as they start experimenting in the digital currency, expanding their investments portfolio beyond traditional profitable assets.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to she’s so accommodating.
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon.