In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
Sharon Ann Meny, is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
So how exactly can we guard against the coming financial reset Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.
I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.
Great gains! Can you share your CFP details? I'm gaining more cash flow from my job and want to invest in stocks and alternative assets to build wealth.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I know I’ll make profits.
You are right. The best approach I feel is to diversify investments by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
Sharon Ann Meny 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.
She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.
This video has got to be sidelined... It’s no way it’s only ~78k view after 9 days. But then again, at 53min, most people now can’t focus for more than 2min. Thank you for taking the time to put this together.
@@LongDefiant dude im turkish, my country is being governed by a gladio since 1945, guess who their master is. So you should assume yourselves best of the bad.
Our economy is facing challenges due to uncertainties, housing issues, foreclosures, global fluctuations, and the lingering effects of the pandemic, all contributing to instability. With rising inflation, slow economic growth, and trade disruptions, it's crucial for all sectors to take immediate action to restore stability and promote growth.
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
I've stuck with ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in our country.
Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
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 for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
around this time I’m more attentive! Its just inevitable that there's going to be peaks and troughs in the graph of economic growth or prosperity, there's never going to be one underlying cause that connects them all, embrace the opportunity, make interest, cashing up on dips.
people calling stocks momentum a flunk aren't considering the long run. The companies themselves have not changed, it's the market that changed. Steady as it goes, and it'll regroup in weeks.
If you are not too savvy with the market, it’s the best time! just buy and hold on strong companies or best you seek out areas within sectors that can help you sustain a balance in both growth and value overtime. In certain cases, it's even wiser to speak with a smartvestor to determine options best meant for you, I personally did this, and it works pretty well..
right now I’m being focused on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $300K stock portfolio from decline is my main concern, but I don't really know which way to go.
Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself
I agree. I've been working with a financial advisor since 2020, and I return up to 15k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.
Vivian Jean Wilhelm 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
She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.
We have no guarantee that the federal reserve or any other would take them away from you. If they wan't too reset the button they are most likely going too be stealing whatever you have. Gold, silver or whatever it is they are going too combine their currency with. But, personally i have some silver and i am going too be buying some gold also anyway. Because it's going too be very expensive in the future when the the world globe currencies are collapsing due too higher and higher inflation making having some money worth nothing.
The US government debt is on an exponential free fall and the only way to pay that debt is to keep printing . Hyper inflation is coming , housing crash , a recession and a possible depression too. i think is time investors redirected their focus to the equities market cause despite the severe bear market, I am aware of certain investors that have earned over $365,000.
The stock market is no different, to maintain such profit, you need to have some in-depth knowledge on the market, prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
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.
Agreed, It's essential to diversify your portfolio. While quality stocks are a solid foundation, you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 15% this year alone... maybe you should do the same.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
I remember reading my Eco 101 college textbook and when they got to the part about dropping the gold standard I had to re-read the paragraph. I thought to myself, "that cant be a good." I was anticipating the subsequent paragraphs to relieve my concern with an explanation. Nope. The authors dedicated just one paragraph to this in the entire textbook.
I took this class as well and when I read “The dollar bill is a currency soley backed from faith and trust alone and nothing else” I was telling my family who are 14+ years older than me, and they said “thats not true its back by gold (Gold Standard) I realized that all it will take for this country to fall or switch to another currency is another Generation to come in and one generation to die off. Roman empire tried fiat currency, the way they devalued their currency was by mixing silver with their bronze to be able to forge more money supply to their people. History doesn’t necessarily repeat itself but it rhymes my friend. Stay safe.
"In the best interest of the United States." Every politician says it, most believe it, but it's always about the interest of the politician, not the country. No matter what they say.
I am a retired US Government capital markets specialist. This documentary accurately reports the true cause of dollar devaluation and also accurately states that official inflation statistics are misleading. Please remember that the US dollar has lost well over 90 percent of its value since Nixon abrogated the gold exchange standard.
U should do a documentary on who set up this system. U can start at BIS and why BIS had private investors until 2001. And why some persons have the monoply to put the worth of gold in 70+ years, possibly inflating or deflating gold market as they wanted.
lol..i would agree! Not sure how old this doc is. However, the message remains the same. Everything discussed in this documentary is still relevant today. Nothing has changed.
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge my portfolio against inflation, Inflation is a money-eater so i'm worried about my savings around $200k
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
so much has happened but not much has changed since 2012, anything new produced today would use this doco as reference, I learned about this in 2005/6. not much has changed apart from the level of debt
Gold standard is great because someone shilling it is an instant tell they don't understand value, physics, or countless other things. Not a single one of them has ever paused long enough to ask what backs the backing
Beauty gold for whatever reason really itches a scratch in people. Either way be it divinity or something scientific there has never been a time in the history of man where gold has not held value
6000 years of human history, it meets all the requirements of real money. Something is needed as a medium of exchange and Gold just happens to be perfect.
I love how the guys right before and after 22:55 completely gloss over the role of greed in inflation and poverty. The guy after blaming the poor, who are poor because of greed inherent to our flawed economic system, for needing assistance is either evil of dangerous ignorance. It’s gross. Capitalist brain ish.
When I invaded Iraq there was fiat currency blowing in the streets like leaves in autumn. If it isn’t a post-apocalyptic asset, accessible without power grid, then it’s worthless…
Ive been stacking at 1 oz gold to 50 oz silver haha, and im almost done with my current oz of gold, silver is much nicer and more fun to stake than gold, but looking at my gold i can just feel it worth and power.
So sick of the scam phishing BS comments recommending a certain financial advisor after a staged back-and-forth in the comments about how well Mr A is doing with his investments. 🙄
The problem is almost everyone of these commentators is an investment banker or an economist who advise these same financial communities. It's the only game in town. Don't blame individual Americans for getting social security or seeking medical care. At least they contribute and pay for these programs.
Shiny metal is no proper basis for a currency. Money is not what you hold in your hand: its an idea, its an exchange medium and cannot be extrapolated away from the real wealth it represents. There is not substance possessing a special intrinsic economic value because there is no special intrinsic economic value particle- economic value is not a fundamental force, its just a derivative of an idea we made up, property...... these ideas can be useful but they arent real the way gravity is real, dont forget if these ideas arent solving problems we can employ other ideas.
I partly agree in what you say , the tallents ,skills and idea,s are money . But whit the history books in the back of my mind telling me ( those who had their wealth stored in the original store,s of valeu maintains his purchasing power , those who didn,t sufferd greatly ) . You can have idea,s but now look at afrika , those who have idea,s land up in jail . Why ? Because of corruption thats why . I heard story,s of afrikans studing in the west and when they returned and wanted to start something , they where treatend by the government . Welcome to the new feudalistic age of those who have money come in to power , competent or not . Those who have idea,s land into jail because you are a treath of those in power .
The other issue is we recognize currency is not the same as money.....however we are not discussing the difference of the currency which can be more beneficial as a tool rather than holding it as value. This video and their opinions only works if we constantly hold currency as money.
_The idea of gold toppling the Fed is a classic financial drama, but with the Fed stockpiling gold, it’s as if they’ve reserved front-row seats to their own demise._ _The Fed’s gold purchases are a shrewd insurance policy; if fiat crumbles, they’ll have the real money everyone wants. And while the federal government technically could intervene-let’s say Congress suddenly wakes up from its legislative nap and passes a law to seize Fed gold reserves-it would still require the executive branch to enforce it, likely setting off constitutional fireworks about the Fed’s autonomy._ _Meanwhile, BRICS nations backing their currencies with gold gives the Fed more headaches: rejecting the U.S. dollar in favor of a shiny metal standard undercuts dollar dominance and might even lure other nations to join their “We Don’t Need the Fed” club. In a twist of irony, it’s almost as if central banks everywhere are setting the stage for their own irrelevance, all while hoping their gold stashes keep them in the game._
All politicians say bs things like "its only temporary" but it became obviously quickly that going back on the gold standard was impossible so everyone just kept playing along with the charade. There was no other better option till Jan 3, 2009. But now we have a solution and it won't be gold that we move too because the same issues with trust remain- they can sell you gold certificates that are once again not actually backed by real gold in a vault somewhere and you can never verify it. But with Bitcoin, you can both verify it's total as well as hold it yourself and not need banks. You can then send/spend it person to person or business to business and our money will once again be backed by something that took work to produce. We are ready for the global currency crises.
The federal reserve is the ponzi scheme, not US government bonds. But what we are leaving out in this video is fractional reserve. Other nations have been using fractional reserve of the USD to create more USD within its nation. Fractional reserve is a means of the ponzi scheme. All this outside of the US government control. This was all happening on and off the food standard. The issue is Federal Reserve and the practice of fractional reserve.
U dont understand blockchain son bitcoin is also valued if so.ebody is willing to pay dollar on it , it😂😂 blockahin is decentarlized system built for immutability of data and non centralizing it and history for audit not pfr currency trading
90 day buy sell stock manipulation started in early 1900's . People actually took loans to invest so did the government. Loan rate of interest compared to investment gains are the HOLE on the doughnut. Interest Deficit. When you owe $10,000.00 credit at 30 percent you pay $700.00 for credit loan Payment. At $1000.00 you pay $30.00 a month. Credit card mindset equals Government loans, printing , late fees, taxation
This must be right after the Lehman Brothers? Imagine how much worse things are after the end of the petrol-dollar. Now, gold-backed currencies are back. Sad for the middle class for they will be hit the hardest. 😢
It all was stolen in 1933 by threat of 10 years in fed prison and 500 oz fine. Then they overspent for 30 years and there was no gold when countries starting calling asking for their gold back, we said no more gold dollars. And the world’s money became fake that day… we had “everybody’s” gold… we forced them to go bankrupt too at that same moment
anyone reading this comment, buy gold and silver while you can. protect your family and keep your holdings secret. they are pulling the rug on the American economy and no one will be coming to save you. god bless🙏✌️🇺🇸
It's a good thing we got off the gold standard because that would have caused deflation. The federal government doesn't need to take out loans. All they have to do is nationalize the Federal Reserve or reverse it so that the Federal Reserve issues bonds to the Treasury and pays back the Treasury. Those funds are then used to finance the government. Most of our debt is owed to ourselves through the Federal Reserve or the government, which they could just cancel out. The government doesn't even have to issue bonds; it's just a safe investment for private individuals, governments, and corporations.
"ALL CURRENCIES ARE NOTHING BUT DEBT FOR THE SOLE PURPOSE OF CREATING MORE DEBT." The game changed and we did nothing to even acknowledge it happening. Since 1946, the debt to no debt ratio of currency has slowly evaporated. Today, less than 0.8% of currency is non debt based. The inequality of financial backgrounds and markets is deeply rooted in such factors. Your dollar is worth less than a penny while the largest debt creating entities have a value in terms of goods, services and freedom they can afford that is 3x the value of the debt it creates. The solution to ending such a system and inequality is to invest in public projects with currency that is entirely non debt based and unable to be debt based which would eventually switch the entire world economy to a non debt based system.
You can't go back and buy gold, if you wanted it to. There is no gold left. Chinese and Russian have been buying them since 1984. Their currencies have been tied to gold ever since.
Politicians simply do not want to stop spending, even money they do not have, that is why politicians should not be given an inch or they will always ruin us
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Just about to watch this despite the poor title. Money, real money(Gold) can never become worthless. Only credit like fiat currency can lose purchase power
Here’s a question? What mashes gold so valuable? Other than being pretty. They say it’s used to conduct current but there are other elements that work considerably better. There’s not a shortage of gold found in the ground and you can’t really make anything out of it that can support weight because it’s so soft. So, other than thousands of years ago it was found to be beautiful.. why?
I'm struck by how all these problems begin with the debt accrued from LBJ's Great Society and Vietnam War escalation. If JFK had not been assassinated, these tragedies, and all that followed, could have been avoided.
29:35 ... or it could be something like high inflation causing the interests rates to go up, leading to overbought bonds inverting the yield curve, the japan carry trade unwind, endless wars in ukraine and middle east further destabilizing the world economy which leads countries to bail on the dollar and turn to brics.... leading to cutting interest rates, leading to a market crash a hyperinflation ;)
As is discussed here, money is not financial because the temporary medium of measured exchange is not how the value of measurement dimensionality is defined and money in bank is next to nothing of value without a living system attached. Individuals make the mistake of thinking that way, in a personal equivalent of the Ponzi Scheme, a "fractal" cog in the big wheels.
It’s a race to the bottom by all governments….no mention of the much increased govt civil servants on the national payroll all doing nothing but fulfilling the so called improved service delivery, further driving the debt issue
That literally isn't the manner in which currency becomes debt. The entire concept of labor has been hijacked by the concept that labor is essentially slavery without the whip under a debt based system. To blame any labor market sector is just not valid. The currency they're being paid is nothing but debt, an illusion of accounting that means nothing except what the entities creating the most debt says it does.
This is actually a vote for BTC under current global macro & geo-political circumstances. The tech has proven itself. Processing higher value of transactions than visa & mastercard.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help
Sharon Ann Meny, is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
So how exactly can we guard against the coming financial reset Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.
I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.
Great gains! Can you share your CFP details? I'm gaining more cash flow from my job and want to invest in stocks and alternative assets to build wealth.
@@sabastinenoah Google Annette Christine Conte and do your own research. She has portfolio management down to a science
invest in land 😜
@@sabastinenoah Google Annette Christine Conte and do your own research. She has portfolio management down to a science
It’s crazy this doc was made years ago and nothing has changed. In fact its gotten worse.
😩been feeling uneasy about this. Hard to have the idea of kids. Corruption is ruining this beautiful country
Change 'doc' to 'dollars'
It was made years ago and everything they said is becoming reality! Scary shizzzzz
@@davidkim9898💯
Buy Bitcoin
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I know I’ll make profits.
You are right. The best approach I feel is to diversify investments by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
Could you kindly elaborate on the advisor's background and qualifications?
Sharon Ann Meny 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.
She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.
This video has got to be sidelined... It’s no way it’s only ~78k view after 9 days. But then again, at 53min, most people now can’t focus for more than 2min. Thank you for taking the time to put this together.
I would say this is the best documentary on TH-cam!
❤️🎬
It's good but has been around for over a decade. This one is just a replay, not original.
This video needs more attention
No it doesn’t because the less that people know the better off we will be. Stay ahead of the curve
I couldn’t agree more!!!! I’m trying to get friends and family to listen to it. But so far no one will, apparently it looks boring or too long.
It's not just the American dollar people have lost confidence in. I have no confidence in any American institution currently.
Why? Because youre still alive against all this shit? You should be respectful to them for being able to keep the system alive.
@@dogrudiyosuneverything is based on the profit motive now. There's no social contract, no shared values.
Democrats are in control of everything. And they're leading the US into feudalism
@@LongDefiant dude im turkish, my country is being governed by a gladio since 1945, guess who their master is. So you should assume yourselves best of the bad.
Me, too.
Our economy is facing challenges due to uncertainties, housing issues, foreclosures, global fluctuations, and the lingering effects of the pandemic, all contributing to instability. With rising inflation, slow economic growth, and trade disruptions, it's crucial for all sectors to take immediate action to restore stability and promote growth.
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
I've stuck with ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.
@@Agatha.wayne0 Beware . Spam Scam
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in our country.
Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
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 for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
around this time I’m more attentive! Its just inevitable that there's going to be peaks and troughs in the graph of economic growth or prosperity, there's never going to be one underlying cause that connects them all, embrace the opportunity, make interest, cashing up on dips.
people calling stocks momentum a flunk aren't considering the long run. The companies themselves have not changed, it's the market that changed. Steady as it goes, and it'll regroup in weeks.
If you are not too savvy with the market, it’s the best time! just buy and hold on strong companies or best you seek out areas within sectors that can help you sustain a balance in both growth and value overtime. In certain cases, it's even wiser to speak with a smartvestor to determine options best meant for you, I personally did this, and it works pretty well..
Well Tim , my question is which stocks sectors should I consider adding to my individual fidelity, I intend to hold on for a decade or more.
right now I’m being focused on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.
add Gold and silver as well.
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $300K stock portfolio from decline is my main concern, but I don't really know which way to go.
Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself
I agree. I've been working with a financial advisor since 2020, and I return up to 15k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you
Vivian Jean Wilhelm 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
She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.
In the end. No currency will matter. You'll either have food and shelter or nothing.😢
From the DR 🇩🇴
I am extremely thankful 🙏
thank you all for this documentary
Trust on your physical Gold. !!!!!
We have no guarantee that the federal reserve or any other would take them away from you.
If they wan't too reset the button they are most likely going too be stealing whatever you have. Gold, silver or whatever it is they are going too combine their currency with.
But, personally i have some silver and i am going too be buying some gold also anyway.
Because it's going too be very expensive in the future when the the world globe currencies are collapsing due too higher and higher inflation making having some money worth nothing.
in 1880 aluminium was as expensive as silver
The US government debt is on an exponential free fall and the only way to pay that debt is to keep printing . Hyper inflation is coming , housing crash , a recession and a possible depression too. i think is time investors redirected their focus to the equities market cause despite the severe bear market, I am aware of certain investors that have earned over $365,000.
The stock market is no different, to maintain such profit, you need to have some in-depth knowledge on the market, prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
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.
Agreed, It's essential to diversify your portfolio. While quality stocks are a solid foundation, you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 15% this year alone... maybe you should do the same.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thanks for this docie I've never seen schiff so young
Whats crazy is that we the people allow this to continue to happen
Agree but most people just have no clue. Took me 44 years to figure it out. I was so knee deep in stress, bills, kids, life, etc
Buy bitcoin
LoL funny. Ive invested in tools, animals, and farming. I guess we have a different opinion of where things are headed
haha this is over 10 years old , imagine if they knew that today the US has 35 trilion in debt 🤣🤣
Yeah exactly... Or if Peter would have bought bitcoin... 😅
They knew it when they created it.
Don't worry.😂 next year 38 trillion. In 10 years we will be at 60 trillion.
Will be 60 trillion when I'm a dad
@@jacktsai7165do you kids a favor and don't have them😂 that dollar crashes the whole world is gonna go nuts
Grow a garden, make products with your own hands, and trade in your own community ... Everything beyond that is thin, cracking ice.
Nope. 1 word. Gold.
In other words , be like the Amish.
I remember reading my Eco 101 college textbook and when they got to the part about dropping the gold standard I had to re-read the paragraph. I thought to myself, "that cant be a good." I was anticipating the subsequent paragraphs to relieve my concern with an explanation. Nope. The authors dedicated just one paragraph to this in the entire textbook.
I took this class as well and when I read “The dollar bill is a currency soley backed from faith and trust alone and nothing else” I was telling my family who are 14+ years older than me, and they said “thats not true its back by gold (Gold Standard) I realized that all it will take for this country to fall or switch to another currency is another Generation to come in and one generation to die off. Roman empire tried fiat currency, the way they devalued their currency was by mixing silver with their bronze to be able to forge more money supply to their people. History doesn’t necessarily repeat itself but it rhymes my friend. Stay safe.
@@introspect9906
Exactly. It caused Rome to collapse. It could cause the US to fall if nothing is done.
I began amassing the PMs a few years ago. Not to make money but to have money 😊
One could argue this started with the creation of the federal reserve act by congress in 1913.
And went into hyperdrive after the assassination of JFK.
@@jennifersmall4027 hyperdrive may almost be an understatement at this point 😂
@@Gojiraa666 and the passage of the sixteenth amendment
Same year. Both in 1913
The Creature from Jekyll Island
I certainly enjoyed this program
"In the best interest of the United States." Every politician says it, most believe it, but it's always about the interest of the politician, not the country. No matter what they say.
I am a retired US Government capital markets specialist. This documentary accurately reports the true cause of dollar devaluation and also accurately states that official inflation statistics are misleading. Please remember that the US dollar has lost well over 90 percent of its value since Nixon abrogated the gold exchange standard.
U should do a documentary on who set up this system. U can start at BIS and why BIS had private investors until 2001. And why some persons have the monoply to put the worth of gold in 70+ years, possibly inflating or deflating gold market as they wanted.
Beutifully composed. Done subscribe. Keep up the good work!
I wish ALL PODCASTS would put dates on their podcasts so we would know if is current Aug 2024 or produced 1987 (I see charts 2000 - 2011).
lol..i would agree! Not sure how old this doc is. However, the message remains the same. Everything discussed in this documentary is still relevant today. Nothing has changed.
I’m guessing 2011.
Age of the speakers.
They said 40 years ago re. Nixon
I simple Google search solves your issue
yup! as soon as I saw Peter Schiff I realized that this had to be 10yrs old or maybe more
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge my portfolio against inflation, Inflation is a money-eater so i'm worried about my savings around $200k
Investors need to understand where and how to allocate funds to hedge against inflation and still make profits. or better consult wit a good advisor
Investors need to understand where and how to allocate funds to hedge against inflation and still make profits. or better consult wit a fiduciary
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
I've been thinking about switching but have been hesitant. Could you recommend your financial advisor? I'd appreciate some assistance.
Yeah, she is Victoria Louisa Saylor , look her up. Anyone is free to contact her.
Always a good watch but old from 2012, do we have any recently produced pieces like this, since so much has happened over the decade.
Yes, many, but it's basically all the same story.
so much has happened but not much has changed since 2012, anything new produced today would use this doco as reference, I learned about this in 2005/6. not much has changed apart from the level of debt
One group of people behind all chaos and money frauds.
very insightful. thanks!
Gold standard is great because someone shilling it is an instant tell they don't understand value, physics, or countless other things. Not a single one of them has ever paused long enough to ask what backs the backing
Beauty gold for whatever reason really itches a scratch in people. Either way be it divinity or something scientific there has never been a time in the history of man where gold has not held value
Its a physical ledger
6000 years of human history, it meets all the requirements of real money. Something is needed as a medium of exchange and Gold just happens to be perfect.
I am speachless...
Professor Jeffrey Sachs should be included in the interview for his opinion to make this video credible.
BRILLIANT NIGEL
NUMBER 10 & THE GREAT BRITISH PUBLIC AWAIT
It's crazy how this video has aged in 2024.
GOD BLESS AMERICA PRAYING FOR ALL OF US!
Incredible. It's just so true.
I love how the guys right before and after 22:55 completely gloss over the role of greed in inflation and poverty. The guy after blaming the poor, who are poor because of greed inherent to our flawed economic system, for needing assistance is either evil of dangerous ignorance. It’s gross. Capitalist brain ish.
When I invaded Iraq there was fiat currency blowing in the streets like leaves in autumn. If it isn’t a post-apocalyptic asset, accessible without power grid, then it’s worthless…
Ive been stacking at 1 oz gold to 50 oz silver haha, and im almost done with my current oz of gold, silver is much nicer and more fun to stake than gold, but looking at my gold i can just feel it worth and power.
So sick of the scam phishing BS comments recommending a certain financial advisor after a staged back-and-forth in the comments about how well Mr A is doing with his investments. 🙄
We had legislation to balance the budget, but the politicians always refuse to honor it by signing an agreement to borrow more.
$1 = $0
🤯
The problem is almost everyone of these commentators is an investment banker or an economist who advise these same financial communities. It's the only game in town. Don't blame individual Americans for getting social security or seeking medical care. At least they contribute and pay for these programs.
My take away from this video is that money is just a social agreement. Gold is just a historical fiat currency, so the call to action falls flat.
That's why I own stocks and not money. Poor people have money (or not even that), rich people have stocks.
It’s crazy !
Instead of ending the war and stopping deficit spending they decided to just shunt responsibility
I remember the tool for games called Artmoney. Looks like government is using it for outside of the games 😅
Back to gold? Sounds good.
Shiny metal is no proper basis for a currency. Money is not what you hold in your hand: its an idea, its an exchange medium and cannot be extrapolated away from the real wealth it represents. There is not substance possessing a special intrinsic economic value because there is no special intrinsic economic value particle-
economic value is not a fundamental force, its just a derivative of an idea we made up, property...... these ideas can be useful but they arent real the way gravity is real, dont forget if these ideas arent solving problems we can employ other ideas.
I partly agree in what you say , the tallents ,skills and idea,s are money .
But whit the history books in the back of my mind telling me ( those who had their wealth stored in the original store,s of valeu maintains his purchasing power , those who didn,t sufferd greatly ) .
You can have idea,s but now look at afrika , those who have idea,s land up in jail .
Why ? Because of corruption thats why .
I heard story,s of afrikans studing in the west and when they returned and wanted to start something , they where treatend by the government .
Welcome to the new feudalistic age of those who have money come in to power , competent or not . Those who have idea,s land into jail because you are a treath of those in power .
The other issue is we recognize currency is not the same as money.....however we are not discussing the difference of the currency which can be more beneficial as a tool rather than holding it as value. This video and their opinions only works if we constantly hold currency as money.
_The idea of gold toppling the Fed is a classic financial drama, but with the Fed stockpiling gold, it’s as if they’ve reserved front-row seats to their own demise._
_The Fed’s gold purchases are a shrewd insurance policy; if fiat crumbles, they’ll have the real money everyone wants. And while the federal government technically could intervene-let’s say Congress suddenly wakes up from its legislative nap and passes a law to seize Fed gold reserves-it would still require the executive branch to enforce it, likely setting off constitutional fireworks about the Fed’s autonomy._
_Meanwhile, BRICS nations backing their currencies with gold gives the Fed more headaches: rejecting the U.S. dollar in favor of a shiny metal standard undercuts dollar dominance and might even lure other nations to join their “We Don’t Need the Fed” club. In a twist of irony, it’s almost as if central banks everywhere are setting the stage for their own irrelevance, all while hoping their gold stashes keep them in the game._
Didn’t he just say it was only going to be temporary in the speech how come nobody’s argued that just curious
All politicians say bs things like "its only temporary" but it became obviously quickly that going back on the gold standard was impossible so everyone just kept playing along with the charade. There was no other better option till Jan 3, 2009. But now we have a solution and it won't be gold that we move too because the same issues with trust remain- they can sell you gold certificates that are once again not actually backed by real gold in a vault somewhere and you can never verify it. But with Bitcoin, you can both verify it's total as well as hold it yourself and not need banks. You can then send/spend it person to person or business to business and our money will once again be backed by something that took work to produce. We are ready for the global currency crises.
They are still patiently waiting to be brought back 🤣
Presidents after Nixon had a chance to reverse the removal of "gold standard." Now, we will inherit the financial whirlwind!
Gold is the only competitor for government currency, that's way every central bank coordinating eachother to make gold prices keeping low
It's cool when the government does it. It's a problem when I do it
The federal reserve is the ponzi scheme, not US government bonds. But what we are leaving out in this video is fractional reserve. Other nations have been using fractional reserve of the USD to create more USD within its nation. Fractional reserve is a means of the ponzi scheme. All this outside of the US government control. This was all happening on and off the food standard. The issue is Federal Reserve and the practice of fractional reserve.
Buy BTC. Don't engage in needless consumerism. Become a minimalist. Support small businesses.
Another ponzi scheme.
buy actual gold. If the economy goes to crap and the dollar actually becomes worthless, the grid wont power the computers to use fake crypto money.
Up
U dont understand blockchain son bitcoin is also valued if so.ebody is willing to pay dollar on it , it😂😂 blockahin is decentarlized system built for immutability of data and non centralizing it and history for audit not pfr currency trading
@@rdj127 Learn to spell
90 day buy sell stock manipulation started in early 1900's . People actually took loans to invest so did the government. Loan rate of interest compared to investment gains are the HOLE on the doughnut. Interest Deficit. When you owe $10,000.00 credit at 30 percent you pay $700.00 for credit loan Payment. At $1000.00 you pay $30.00 a month. Credit card mindset equals Government loans, printing , late fees, taxation
Money ❌
US Dollar ✅
This must be right after the Lehman Brothers? Imagine how much worse things are after the end of the petrol-dollar.
Now, gold-backed currencies are back. Sad for the middle class for they will be hit the hardest. 😢
Nixon ended the gold standard because our federal reserve does not have enough gold available to back it's own currency. That's why
Rotchild take all gold deposit
It all was stolen in 1933 by threat of 10 years in fed prison and 500 oz fine. Then they overspent for 30 years and there was no gold when countries starting calling asking for their gold back, we said no more gold dollars. And the world’s money became fake that day… we had “everybody’s” gold… we forced them to go bankrupt too at that same moment
Cool
🎬❤️
anyone reading this comment, buy gold and silver while you can. protect your family and keep your holdings secret. they are pulling the rug on the American economy and no one will be coming to save you. god bless🙏✌️🇺🇸
Guess how much a single grapefruit cost at my local market? $2.75
It's a good thing we got off the gold standard because that would have caused deflation.
The federal government doesn't need to take out loans. All they have to do is nationalize the Federal Reserve or reverse it so that the Federal Reserve issues bonds to the Treasury and pays back the Treasury. Those funds are then used to finance the government.
Most of our debt is owed to ourselves through the Federal Reserve or the government, which they could just cancel out. The government doesn't even have to issue bonds; it's just a safe investment for private individuals, governments, and corporations.
Longest gold commercial EVER.
"ALL CURRENCIES ARE NOTHING BUT DEBT FOR THE SOLE PURPOSE OF CREATING MORE DEBT."
The game changed and we did nothing to even acknowledge it happening. Since 1946, the debt to no debt ratio of currency has slowly evaporated. Today, less than 0.8% of currency is non debt based. The inequality of financial backgrounds and markets is deeply rooted in such factors. Your dollar is worth less than a penny while the largest debt creating entities have a value in terms of goods, services and freedom they can afford that is 3x the value of the debt it creates. The solution to ending such a system and inequality is to invest in public projects with currency that is entirely non debt based and unable to be debt based which would eventually switch the entire world economy to a non debt based system.
You can't go back and buy gold, if you wanted it to. There is no gold left. Chinese and Russian have been buying them since 1984. Their currencies have been tied to gold ever since.
Politicians simply do not want to stop spending, even money they do not have, that is why politicians should not be given an inch or they will always ruin us
The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 😂
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
What about bushes 🍑 😅
Just about to watch this despite the poor title. Money, real money(Gold) can never become worthless. Only credit like fiat currency can lose purchase power
This is why I stack silver.
It became worthless the day that article1 section 8 of the constitution was abolished.
Period.
Wasn't abolished, just being ignored because we let them.
@dissy5563
Sad but true
2500 devided by 35 equals 71. The buying power of US dollar today is 71th of what it had in 1944.
UK is not immune from this as well...
Here’s a question? What mashes gold so valuable? Other than being pretty. They say it’s used to conduct current but there are other elements that work considerably better. There’s not a shortage of gold found in the ground and you can’t really make anything out of it that can support weight because it’s so soft. So, other than thousands of years ago it was found to be beautiful.. why?
Nothing will be changed and the money will keep being printed and being poured into the market.
As long as human population is increasing and human intelligence is rising, money printing would not cause any collapse.
the main problem is GREEDINESS.
I'm struck by how all these problems begin with the debt accrued from LBJ's Great Society and Vietnam War escalation. If JFK had not been assassinated, these tragedies, and all that followed, could have been avoided.
There's a limit to the gold supply and they wanted more money on the books then gold could cover
The USA might want to back up the dollar with oil, thus all these advances
Money is worth less than the paper it is printed on.
Gold is only worth what you can make from it, just like every other metal.
How does the uber wealthy hoarding money affect the dollar? 🤔
29:35 ... or it could be something like high inflation causing the interests rates to go up, leading to overbought bonds inverting the yield curve, the japan carry trade unwind, endless wars in ukraine and middle east further destabilizing the world economy which leads countries to bail on the dollar and turn to brics.... leading to cutting interest rates, leading to a market crash a hyperinflation ;)
If 40/50 yrs has brought us here l don't want to imagine what might happen in the next 50 yrs.
By then money will be wallpaper
Can you imagine? 50,000 dollar average rent. Hahahahahaha. Humanity is stupid as fuck. Hate it here
Look at the 1600s for reference; very ugly time period for the globe indeed.
the modern economy is a speculative economy.
As is discussed here, money is not financial because the temporary medium of measured exchange is not how the value of measurement dimensionality is defined and money in bank is next to nothing of value without a living system attached. Individuals make the mistake of thinking that way, in a personal equivalent of the Ponzi Scheme, a "fractal" cog in the big wheels.
Don't worry a shiny metal will save you, why, no reason.
USA has to wake up and save herself, figure out what is going, not more dreaming.
Immmin da wrong time line *back to the future part 2*
The American Dream~ Holding the world hostage while they freefall xD
It’s a race to the bottom by all governments….no mention of the much increased govt civil servants on the national payroll all doing nothing but fulfilling the so called improved service delivery, further driving the debt issue
That literally isn't the manner in which currency becomes debt. The entire concept of labor has been hijacked by the concept that labor is essentially slavery without the whip under a debt based system. To blame any labor market sector is just not valid. The currency they're being paid is nothing but debt, an illusion of accounting that means nothing except what the entities creating the most debt says it does.
This is actually a vote for BTC under current global macro & geo-political circumstances. The tech has proven itself. Processing higher value of transactions than visa & mastercard.
Exactly . I like when he said it’s impossible to move people their gold . BOOM BITCOIN
But Kaspa is the perfect money