Henrik Zeberg Latest - How To Prepare For Collapse
ฝัง
- เผยแพร่เมื่อ 24 พ.ค. 2024
- Check Out The Zeberg Report jc1.krtra.com/t/a2r9pgo0Fu9c
Hard Assets Alliance For All Your Gold Needs hardassetsalliance.com/?aff=BSC
WAIVER & DISCLAIMER
If you register for this webinar/interview you agree to the following: This webinar is provided for information purposes only. All opinions expressed by the individuals in this webinar/interview are solely the individuals’ opinions and neither reflect the opinions, nor are made on behalf of, Bloor Street Capital Inc. Presenters will not be providing legal or financial advice to any webinar participants or any person watching a recorded version of the webinar. The investing ideas and strategies discussed on this webinar/interview are not recommendations to buy or sell any security and are not intended to provide any investment advise of any kind, but are made available solely for educational and informational purposes. Investments or strategies mentioned in this webinar/interview may not be suitable for your particular investment objectives, financial situation, or needs. You should be aware of the real risk of loss in following any investment strategy discussed in this webinar/interview. All webinar participants or viewers of a recorded version of this webinar should obtain independent legal and financial advice. All webinar participants accept and grant permission to Bloor Street Capital Inc. and its representatives in connection with such recording. The information contained in this webinar/interview is current as of May, 2024, the date of this webinar/interview, unless otherwise indicated, and is provided for information purposes only. Bloor Street Capital was paid a fee for this Interview.
Hey everyone, It's Jimmy Connor, thanks for joining us today! Let me know what you think our Henrik's analysis in the comment section below.
We have GEO risk of war and dollar destruction and bank failures and he thinks gold will go to 1250 ?? I think he is not considering the factors invovled
My money is on silver and gold right now, never has been in the past but I believe this is where we're going. @@dwaynediesel6079
worst than >__< Not “worst then”
@@dwaynediesel6079y😊uyu yuh got y Ruth thy guys yuh b h hu
@@dwaynediesel6079 It's Jimmy Connor, thanks for the comment Dwayne! Yeh I forgot about the regional banking crisis. It's amazing how the Fed and the government are able to contain these events.
People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
Vivian Jean Wilhelm is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Loved every second of my watch to the very end. I could really use your help, I’m 52 and disabled since 2007, still own a small business with $480K in savings. And I'd still love to grow my investments ahead of my retirement.
Just buy BITCOIN and hold. Or find quality stocks that have long term potential, and ride with those stocks. But advisably, just seek counsel from a market strategist.
@@Jaymilnere It's gotten especially difficult since the pandemic, hence why I decided to use the expertise of an advisor, my spouse kicked against the idea initially, but oh well guess who's best buddies with our advisor now
@@Angelavaldess Sounds interesting! Mind sharing details of your advisor please? I'm looking at putting money into stocks and assets. I'm old enough to know that someone with experience would be very helpful.
She's known as Alicia Estela Cabouli. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work on her web page.
@@Aurierserge50 She's known as Alicia Estela Cabouli. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work on her web page.
Is gold really worth it to buy ? In terms of the short term considering taxes and overall cost of upfront purchase then trying to resell when I actually need the liquidity, is physical or gold stocks more worth the cost ? Because it seems to be when people speak of gold their not being specific to the short term or Long term approach to justifying the purchase. Let me know your thoughts , thanks anyone
Only worth it for your long long term investment, short term a guaranteed loss. It's all manipulated and so is Mike bias on gold because that's his business. Always keep that in perspective.
For sure I thought so, it seems to be a good hedge against inflation in the long term, thanks for your feedback
Gold is often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.
@@williamDonaldson432 Impressive can you share more info?
@@williamDonaldson432 Impressive can you share more info?
The best thing I ever did was get to debt zero. No mortgage, no car payment, no credit card. It was very hard, I live very modestly but I sleep at night.
Thanks for the comment Bryan and for taking the time to view our content!
BANG ON!!!!!
The best thing I ever did was take out as many mortgages (rentals) as I could when rates were at 3%.
Well done sir, just one thing though, credit cards are smart, just don't carry debt, pay off each month. Way safer than going around giving every company direct access to your bank account, where getting your money back for any reason is a lot more complicated and timely.
I migrated to Canada with 300 dollars in 1988, and it was hard, but probably the best thing I heard was, a bird I the hand is worth 2 in bush, for a long time I have no debt everything paid!
Investors are extremely alarmed by the impending recession and the Fed's rhetoric of raising interest rates. My $600,000 stock portfolio has lost 25% of it’s value. Whats the best way to hedge my portfolio to make profit in this coming recession
Everyone is uneasy due to the continuous wars in the Middle East. To get assistance with your portfolio, you ought to speak with an FA.
True, some folks employ hedging strategies or devote a portion of their portfolio to defensive assets that perform well during market downturns and such pointers are provided by engaging the services of market experts just like i did in 2019, amid rona-outbreak, and as of today, i can boost of a 45% enhancement on my $1m portfolio after acquiring assets recommended by my advisor.
That's impressive! I could really use the expertise of this advsors.
Lauren Marie Ehlers is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Fed made no errors, this is by design. The destruction of the middleclass
It's Jimmy Connor, thanks for the comment but do you really think so? I think it's policy error driven by plain stupidity. I recently did an interview with Danielle DiMartino and she summed it up nicely, they are just a bunch of academics who are out of touch with reality.
@@BloorStreetCapital they aren't stupid they're corrupt and it's definitely on purpose and by design. They're like Malthusians they have a generational agenda.
@@craigbrison4241agreed, no one at the Fed is stupid. DiMartino has been dead wrong on her bear call for the last 2 years as well as all the other bears.
They knew if they flooded the economy with money people would just spend spend spend and travel, buy property, and eat out and spend on entertainment. So they did it with lock downs to stop people from spending and force all the money into the financial system. They pumped the bubble as hard as they could now they are tightening as hard as they can.
Literally engineered a boom bust cycle and made it as bad as they could.
@@BloorStreetCapitalJ Powell was a lawyer and an investment banker. He has risen to the most powerful position in the world (yes, that’s right). Do you seriously believe he is a stupid academic that’s out of touch? DiMartino Booth is cut from the same cloth. She wants to shift blame from her former employer by claiming ignorance on their behave, because if it’s not ignorance then it must be malice and she’d have been complicit. The FED is intent on creating a recession to undo the bubble it has created to kick the can further. The long lag effect, which it knows very well, gives it cover by dissociating the FED’s actions from the real-time observables in the hoi polloi’s eyes. The FED is playing stupid when it purposely hinges all their decisions on real-time data, which just now reflects what happened at the wheel that was cranked months to a year prior, with a super tanker the size of the world economy. Cycles of bubbles and collapse are how the bankers and wall street strip mine the masses. This is all by design, when quasi-gov’t agencies like the FED, FNMA, FMCC, etc were created, namely how to maximize profit to, ie maximize risk taking by, the bankers and financiers and shift all the risks to the taxpayers and savers, while at the same time keep the masses ignorant of their role. Now that is not to say everyone working at the FED have ill intent. They might very well think that they are helping the economy and financial system. But when a system is designed to shift risk from the risk takers, then the necessary consequence is moral hazard. With such a system, booms and busts are inevitable, that is, by design.
I used to think every investor lose out during recession, meanwhile some make millions. I'm nonetheless considering to invest $150k in my portfolio. What is the greatest approach to profit from the market?
The mkt has gone berserk! Whether you’re a newbie or a veteran trader, everyone needs a sort of coach at some points to thrive forward.
I’ve been using a coach for over 3 years and my portfolio has yielded from initial $500k to a ballpark estimate of $1.85m as of today. you should not make investment decisions without consulting with an FA
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
@@AshleyKeith-vw7ws This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
@@LeahLewis-ny9iu Just research the name Desiree Ruth Hoffman. You’d find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
My god.....this dude has been saying the same thing for eight years!
That’s the problem with these guys…they scare everyone, the market continues to go up, and you end up losing an opportunity to make money… for older folks, that is time lost… you have to keep an eye on the overall trend and when broken either get out or go short
Exactly. Same nonsense doom and gloom. Oooo big crash, everything crash, apocalyptic crash..
Such clowns these guys are.
Whistle blowers alerted Madoff 10+ years before anything happened. But if you listened to them you saved yourself. NOW does this mean to go all cash and hide? No it means invest some, save some and have an out when a crash hits to roll Funds in for the recovery. Being all cash and timing is DUMB embracing the crash and maximizing how you get out is the fun part! 😊
Harry Dent 2.0?
@@countchivas More like it.
It seems everyone is still relying too heavily on the charts now. Imho, when the ETF's stepped into Crypto it changed the game. The Bitcoin Baby has been born and will grow up fast. The Crypto Market now has a rubber stamp of approval. Wall Street is in the game now and It will become the store of value we have been talking about. The rules are already changing. We would have normally had a corrective retrace by now, yet Bitcoin has been steadily rising. The name of the game is getting out with profit, but when exactly to get out this Super Cycle is going to be a tricky one. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 3.4Bitcoin to a decent 18Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.
I´d take with a pinch of salt Henrik´s forecast on gold. I heard him talk on another vlog back in Feb´23 that a decline in gold was imminent and that the move would be a substantial one. At that time gold was trading around the US$1840 level and his minimum target was US$1200 with a possible move towards US$800 or US$900.
It's Jimmy Connor, thanks for the comment Brian and for taking the time to view our content! Yes I can not envision the scenario where gold will be down 50% and if it is we are all screwed.
@@BloorStreetCapitalpersonally we should stop measure gold in dollar term it should be the other way round. The unit of measure is not the dollar, which is a derivative of gold and not viceversa. This type of content are disappointing and diseducational.
Im an Electrical contractor based out of Toronto and my entire industry is down at least 30% for the year.
It's Jimmy Connor, thanks for the comment Adrian! Now that is a great stat! Do you mean your revenues are down 30% yoy? What's driving that decline in business?
Overall Construction and Maintenance has slowed. I would say all sectors.
I'm guessing the increase in interest rates has started to cut into the construction budgets of
The various businesses that hire our services.
At present, we calculate our companies overall volume of business is down 20 to 30%. I'm sure profits will follow accordingly. Strange thing is is just how suddenly it has happened.
Year over year figures
I’m at work right now, 2nd year electrician in SoCal and I just asked one of our owners if he’s felt the economy changing and he seemed surprised I asked that. Our solar has slowed down due to nem 3.0 / policy / batteries basically required but all of the conversations I hear here with us normal workers is that it’s downturn. Materials handler with another contractor told me their company was 50 employees q4 last year, now it’s 25 so they laid half of employees off. I imagine we’ll continue to see downturn, not really taking advanced economic knowledge to see it now
@@adrianfranco1028 you havent seen anything yet. 2027 will be fukin nuts
Yield curve has been inverted for 675 days and headed to 900 days as Fed will not cut in an election year with CPI still running red hot. Only two 500 day + inversions have ever occurred in history with the first bringing an 83% decline (the Great Depression) and the other being the 1980-1982 period which was the greatest catastrophic economic setback since the Great Depression. This time will not be different. Get ready!
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Great comment on the inversions. When were those two times?
@@BloorStreetCapital
Longest since 1980 major catastrophic double recession began and the other occurence is the Great Depression. It’s bad.
Was 80 to 82 that bad.
Problems back then seem insignificant.
2008 seems a better comparison as leverage was beginning to avalanche.
Will be different our major banks were never connected to the Fed before so won’t have the deflation effect because banks can be infused with capital immediately off setting losses.. people don’t pay attention at all…
Personally I think they are going to keep the economy propped up, let Trump win the election, then let the economy tank to then tarnish Trump and blame him for the crash of the economy.
Gold and Silver will surprise a lot of people, people don't know what's coming their way
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I hope you are right! I've been long for a few years and they are killing me!
I'm glad this guy isn't managing my money.
It's Jimmy Connor, thanks for the comment!
Lol , same
*Hallelujah!!!! The daily jesus devotional has been my a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Christy Fiore🇺🇸🇺🇸🇺🇸..*
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
Thanks to my co-worker (Alex) who suggested Ms Christy Fiore.
She's a licensed broker in the states 🇺🇸
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!!
Please help me.
With the currency worthless, why in the world wouldn't gold hit $27,000? It shouldn't require so much time.
Inflation and recession are the two deadly hydra-headed monsters that America is currently facing.
We face a new challenge every day. The new normal is this. We now see that this is the new normal and must adjust, having formerly believed it to be a crisis. Everywhere in the country, this year will be extremely painful economically. What can we do to increase revenue while undergoing quantitative adjustment?My hard-earned $180,000 in savings must be allowed to disappear.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Mind if I ask you to recommend this particular advisor you using their service?
My CFA ’’ Vivian Carol Gioia, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
How does the 'people will sell it for liquidity" argument work for gold, but not for crypto?
It doesn’t bc Bitcoin is a NSA CIA project that they used to operate criminal black markets,, arms deals, human trafficking , and intelligence agencies blackmail operations so they could get the deep state into a position of absolute power and in order for bitcoin to have a remotely stable market price a great deal of money has to remain in the blockchain system. Bitcoin isn’t a investment or a currency it’s a way to move massive amounts of money and wealth under the table so all the illegal transactions are never investigated or made public. The second phase plan for bitcoin was to use it to make people comfortable with digital currencies which will eventually lead to a government issued digital currency that will take away every freedom that people have left. The sad thing is people blindly believe in a digital currency system they don’t understand and never really studied. If you see a huge politician or music star putting money into bitcoin it’s most likely to fund their drug addictions and or perverse behavior with children and women who are trafficked against their will. If people knew the truth about bitcoin it would go to zero in a couple minutes.
IMHO next comes a liquidity, collateral, and credit crisis all at the same time. I think all assets go down in value. Gold, Silver, stocks, bonds, real estate, BTC all of it. Noting is going to be safe. Folks will realize that they are worth half of what they think they are. This will cause them to fire sell everything. At market tops and espeically when bubbles pop the unwind is usually very nasty. Gold will probably do okay. Ie not go down that much but it is still going to go down. I think we are the edge of the start of the Great Depression 2.0 on steroids. I could be very wrong but I have placed a lot of money where my mouth is and that is to short the hell out of the market. My time horizion is 2 to 3 years to close that trade out. Maybe longer... I will follow the chart. Now when BTC goes below 10k... that is a buy opportunity not a sell event. In fact when the VIX gets above 75 that is when we cover our shorts and start going long on all the great companies and assets we want. Until then folks going long anything right here are insane to me.
Wow this guy has never been right- even a broken clock .....
We are getting close to a liquidity, collateral, and credit crisis. Do not be lulled into the story that everything is just fine. The elites own all the media companies, they want you to think that so they have somone to sell to. Rich people are not buying here. They are selling... who do you think they are selling to? This is just another way they take from the middle and poor classes.
His point of view is based on the FED to stop printing money.!!!
Please tell me.? In your life time OR anyone's life time that has happened!??
Oil prices aren't just affected by driving, but oil is used in the production of hundreds of products.
This is another reflection of why oil prices are low, less buying by consumers.
Nobody much is travelling to China, not tourists and not businesses from the West.
Who is this economy actually booming for? food prices have doubled, gas prices have doubled, home prices have doubled, and my wages have stayed the same. ow can I actually stay on top of things, I see every TH-cam video saying BUY BUY! But when and how do I sell for profit at the right time?
I also think everyone needs a Margin of Safety in their portfolios and just remember, It's time in the market versus timing the market.
Well all i know is that you cannot go wrong taking profit at near high. No one ever went broke taking a 10% loss. It's best if you consult with a fiduciary advisor to get informed buying & selling decisions
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.
I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "AMBER KAY WRIGHT" I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.
Out of my latest three year stint truckin' job all over here in the U.S, large and small companies droppin' like flies. Sleepin' on a tarp in a field in a small town in Central California. At least it's warm.
This guest has been pretty accurate as to how and why the markets have been behaving. I may not agree with every point or how far the extremes of the number his models tell him, but overall a good understanding of why and most importantly, when things will happen.
One comment on whether gold will act historically is that the setup is different than ever before. He calls for gold to drop 50% until the fee prints. Historically, he is spot on. But we have never seen an eastern appetite for metals - both retail and central banks - like we are seeing now. With due respect to Henrik, Begay we he’s a genius, again he is giving a historically accurate opinion. Now the East’s rush to buy metals may be a new “gold put,” much like the old fed put. Has it not acted historically inaccurate recently? It is nothing but confounding to economists who have never had to assume a new and higher eastern market. War is the only way to try to stop it, but that would have the same effect. Russia struggles with Ukraine like we struggled with Afghanistan. Do you really think NATO could defeat and occupy Russia and China? The quiet accumulation of metals in the east IS the war. The US is not fighting for Ukraine, it is fighting for the dollar. It is not just fighting Russia, we are at war with China. The hopes for controlling the resources of the old Soviet Union are well and gone. The US strength os not it’s military, it’s the dollar and the fact it has been the reserve currency. This allowed for the largest and best military. We have just bombed China with tarrifs. They are constantly firing missiles at us by getting rid of their treasury holdings. This is the war. It’s upsetting to the current congress and administration because they are so inextricably intertwined with China, including many individuals who may have unethical relationships with China. Bottom line, we are in all out war, but it is so big no one can see it.
Great to see insightful comments like this under financial videos, thanks
Me thinketh a great understanding., even more so than some of our financial.......experts@!?😉
He said gold is going to $10-20 per ounce 😆
Reality is gold and silver have been money for over 5,000 recorded years of human history, and always will be money. Other reality is we live under a treasonous globalist tyrannical rule that needs to be dealt with.
Russia is not struggling with Ukraine, it's nothing like Afghanistan, gold will rise further, imo
USA is using Ukraine to get at the Russian assets because it skint.
gold is held by "consumers" who need liquidity... how smart is this guy
Yeah! Not sure I'm buying into his argument. True gold and silver went down during the pandemic, but he doesn't mention anything about the high premiums. Doesn't that factor into the price as well?
From $7K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me
I agree just reached my goal of $100k monthly trade earnings. Setting realistic goals is an essential part of trading
Please educate me, i'm willing to make consultations to improve my situation
Get yourself someone like Stacey Macken who understands the market very well and is also a professional in placing trades. That's the key
I made a lot from last week, a vision of the effective signals alone assured me of the turnovers. all thanks to Stacey Macken .
Stacey's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her signals are top notch .
I agree with his analysis, the level of speculation in this market is unmatched in the history of financial markets. NFTs, Metaverse, Web3, AI is Tulip Mania and the South Sea Bubble and Tech Bubble all wrapped up in one. Its going to get very ugly.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! NFTS!!! Yeh I forgot about them Remember when someone paid $69 million for a Bipple NFT.
So if you agree then surely Gold is the asset to hold in a time like that?🤔
@@aidenfreedom Exactly, why is he so bullish crypto and bearish gold. One has far greater volatility and will be sold like gold if consumers need liquidity.
Lol you're a clown. You're comparing the present stock market to valueless NFTS and Damm tulips? Clowns like you have always been wrong.
Recssions come, recessions go.
Certain hard commodities should still do well. Copper, lithium and gold for starters.
How has gold been overbought? Geopolitics and trade is completely changing around the globe. Central banks are pumping the price, not retail.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I always look to the equities to see if they correspond with the underlying commodity. Currently, the stocks are not pricing in $2400 gold or even $2000 gold so either the stocks are under priced or spot gold is over priced. If Central Banks stop buying, look out.
Too many gold bugs🪲
Totally agree with you, the man is brainwashed into crypto bull shit.
@@BloorStreetCapital The playbook may have changed after covid. We are in a world of currency debasement. Hard assets, I believe, are the way forward.
@@BloorStreetCapital The central banks are not stupid, they see what coming and gold is the only other tier one asset. The East are selling Tbills and buying gold. Why? there's no third party risk and it's highly liquid. ..far better than potentially having the US gov block or steal dollar assets.
Why do you guys look at stock market? It has nothing to do of what is really going on in the economy. All you have to do is look what is going on at your home. That is the real indicator!! Food has doubled... that is not 3% inflation.
He literally said nothing. When asked what data he is looking at....he says..."I have a model.". Brilliant.
Yer and that was a cross answer as he was talking about his wife
Henrick’s gold forecast has been embarrassingly wrong to say the least 😂
Thanks for the comment but what exactly has he been wrong on? He was bullish all through 2023.
@@BloorStreetCapital are you joking? When gold was around 2k this year he was calling for 1600 this year and he continues to call for it despite being so wrong, and last year he was calling for even lower
@@BloorStreetCapital did you even listen to his answer to your question? He’s calling for $1250 now 😂🫵🏼
@@StockGenius152 Forecasting is a tough game and no one is 100% correct or anywhere near it. Yes he has been wrong on gold but one thing is for sure, the gold equities are not factoring in $2400 gold or anywhere near it. I think the equities are correct and the only thing keeping gold up is Central Bank buying. If they stop buying, look out.
@@BloorStreetCapital signs are showing that liquidity is coming.
How's gold over bought when USD has lost 25% of its value to gold the past year. Had this guy looked at USA debt level increasing the past year he'd likely realize it's not sustainable with a dropping GDP
Nobody with millions wants to start over with a new currency. These people are fat dumb and happy, expect they aren’t dumb.
So many can't see that,😮
I agree currently the USA is printing $1 trillion paper every 100 days in a world where only 18 countries exc USA actually have a GDP in excess of $1 trillion. It’s like borrowing three times the total output of Saudi Arabia annually. Do you think that’s not going to devalue the dollar. As to gold being over bought. Gold is money it doesn’t change in value. It’s the things around it that change in value. The USA is going into debt at the rate of $3 trillion a year, its interest bearing debt is $35 trillion it’s non interest bearing debt requires servicing payments of nearly 3 trillion annually add the cost of pensions and interest on its debt that’s equal to its taxation income. All other payments comes out of new debt. Add to that the movement out of US treasuries by BRIC countries after Russian holdings were confiscated add the fact that Saudi Arabia no longer requires oil to be purchased in USD that represents 96% of world commodities that no longer need to be paid for in USD. Will that not drop the demand for USD.
Very nice interview, Jim. Thank you.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
Great discussion
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson
Jefferson and Washington, greatest American presidents.
$20 oil with reserves depleted and China playing war games around Taiwan? My old school fear means I will hedge with gold. Bifurcation is hiding a weak economy, making a recession call a useless measure.
Zeberg and Harry Dent are at the same level in their forecasting abilities regarding gold and the markets .....
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Should I get Harry Dent as a guest?
I followed Harry Dent long time ago. He was always wrong
" For reasons I have never understood, people like to hear that the world is going to hell" Deirdre N. McCloskey.
It's Jimmy Connor, thanks for the comment Bill and you are so right! Just human nature I guess.
I think people just want confirmation that what they are seeing in their day to day, is what most are seeing. I'm completely debt free including no mortgage. My coworkers and friends who have mortgages, rent, children, credit card debt, car payments, etc....are still maintaining their lifestyle on debt. People are using 401k, HSA, home equity, credit cards, and buy now pay later to keep the party going. It feels like 2006.
@@anniealexander9616 Its' definitely that type of situation in my circle as well. The people maintaining their lifestyle on debt are carrying on like business as usual. I guess we gotta wait until folks are maxed out to see any kind of sense taking place. The people I know like myself who have assets and liquidity are not spending. They are on the sidelines.
People should be more upset at the choices they made or didn’t make….You are the pilot and careful if you want to be the passenger because i guarantee that won’t be fun…..
Thank you!
Recessions are a normal part of the economic cycle, therefore your only option is to be prepared and make plans accordingly. 2009 saw a recession when I started my profession. My initial job out of college was performing aerial acrobatics on cruise ships. I have built my own company, work as a vice president for a significant organization, own three rental properties, make investments in stocks and companies, and have experienced a two million dollar increase in my net worth in the last four years.
Thanks Jimmy and Henrik! Please get David Rosenberg back to discuss the Canadian economy and housing market.
It's Jimmy Connor, thanks for the comment Mike and for taking the time to view our content! I will def get David back.
He predicted gold at $800 in 2020, he's predicting gold at $1250 this time, expect gold to go at all time highs.
It's Jimmy Connor, thanks for the comment Rob! Don't forget to Subscribe to our channel and thanks for your support!
Its not possible to be worse than 1929, when economic disaster was fueled by perfect storm of circumstances. In 2024, they dont do recessions, they do Fed interventions.
It's Jimmy Connor, thanks for the comment! Yes it is amazing how the Fed and the government is able to control so many aspects now of the economy and do so with such precision. Someone mentioned the regional banking crisis and I totally forgot about it because the Fed was able to make it go away but you cant make $35 trillion in debt go away. Some day this will come back to haunt us.
I love it when you have Henrik on. I like listening to what he has to say. Thank you.
Many well known economists and CEO's believe that the recession started in late 2023 and that the SOHM rule indicates that now that the level of unemployment has gone up by half a percentage point from its lowest level of unemployment !!
I think you might be right.
Gold to 1200$ is difficult to believe in that but I respect the opinion. We will see soon what happen with gold
It's Jimmy Connor, thanks for the comment Cesar and for taking the time to view our content! I agree, it will be one ugly situation to get gold down there and if it does I will back up the truck.
This is what I like. Bold predictions, reasonable timeline. Mr Zeberg puts his balls on the anvil, here. You'v got to respect that.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Happy you enjoyed Henrik's interview.
Great Video!
Great discussion Jimmy and Henrik and thanks for the update
It's Jimmy Connor, thanks for the comment Jim and for the ongoing support!
Will this mean mass scale jobless people? Introduction of CBDC to support people?
I believe the digital currency will be brought in due to an alleged Russian cyber attack.
It's Jimmy Connor, thanks for the comment/question. if we get a pullback like Henrik is suggesting then yes, massive unemployment.
Cbdc will fail, this is how luciferians manipulate masses
Support people sounds like the wrong set of words.
More like the hook 🪝 to get the poor and desperate into a system of slavery and monitoring.
Bill in the house passed banning cbdc.
Good to hear different perspectives
Thanks for the comment and for taking the time to view our content!
At least he knows Bitcoin and crypto only exists due to the the excessive money supply created since 2008
In March 2020, the entire world economy practically shut down due to COVID-19 and S&P only dipped to 2300. It will be interesting to see what the future holds. I'm slowly positioning myself to purchase for a sale when it happens, but another Great Depression???
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Time will tell! I hope it does so I can back up the truck like 2020.
Yeah, these dramatic calls from the doom and gloom types are overdone if you ask me. Did they live through the Great Depression?
The economy failed due to gov't policy in response to COVID not by COVID pandemic
@@BlueTorontomy grandmother always told me the great depression was a millionaire maker. She died a multi-millionaire and she taught me what she did so I can be ready to do it too.
@@believeroftheword4627 Yeah open a chart and just look at it during the depression. The "depressed" ppl were the ones who got caught buying at ATH. Anyone else was green the entire decade while the market was either down or flat. Ever since I saw that I only nibble at the market until I see some type of major drawdown. These drawdowns are indeed inevitable because at some point they have to reset the clock.
we are all being over taxed, lower employment tax and companies will do better and lower the tax on individuals and they will spend more. no re bates because the individual doesn’t know how much they will get. reduce tax now and the recession will be softer
It's Jimmy Connor, thanks for the comment! Try living in Canada! Highest taxes in the world. We have taxes on our taxes.
Agreed. They keep adjusting the tax brackets based on the official inflation rate, which we all know is BS. Now people like me are taxed like rich people but are barely middle class. System is broken. Does not help that NYC has an extra income tax
Great discussion and info. Just scratching my head a little that he doesn't think that we're currently experiencing a recession and are stepping our toes into a stagflation environment already. Jim Rickards believes that...
It's Jimmy Connor, thanks for the comment Donna and for taking the time to view our content. I am interviewing Jim Rickards later this week.
I look forward to seeing that.
Thank you guys 😃👊
The yield curve has not been inverted for a record amount of time… It was constantly inverted in the late 1800s and into 1900s. It can stay inverted for a lot longer lol. And it likely will stay inverted for some time. I dont see a 1929 style recession until end of decade. We will see a series of smaller crashes and slowdowns until then.
The shit needs to hit the fan, NOW
It's Jimmy Connor, thanks for the comment Justin! I think it will but when you have the powers that be ie. the Fed and the White House, trying to win the next election, they will do everything they can to keep this economy going strong.
The s... has hit the , look at food prices, car and rv markets collapsing, home sale numbers are being hidden by big boys making bulk dwals with builders, job layoffs are starting to snowball, it is a major situation and now China is selling off treasuries and who is going to buy them- the fed.
Hhhhmmm, if you can print money why do you need yo borrow it....
BRICS will be a major player to stop this slavery.
You can drown,
while that Titanic takes forever to sink.
@@BloorStreetCapital agreed. So with the greatest respect,why all the different shows on utube stating when. Because it’s only when they are ready,as they have the power to do what’s required. They haven’t got this far to fail now. We also know,the more they spend,the worse it’s going to be.😊
Dont hold your breath! We dont want to lose you. 😅
Henrik Zeberg is a brilliant analyst. I totally agree with him. Bags of cash on the sideline.
Greetz from Holland. Match against Poland today!⚽️⚽️
It's Jimmy Connor, thanks for the comment and good luck in the soccer tournament!
It really doesn’t matter if Gold goes way down, people who have physical Gold hold it for what’s on the other side of the collapse..not during..it will be how many ounces you own not what the FIAT dollar amount is 👍
Hi could you please share your thesis on what will happen to the stock market, if both inflation and precision metals go out of the roof from here on ? And time frame on your last up bull leg ?
The last leg up will likely be a spike up for a few weeks, or a definitive head and shoulders top which when it breaks the right shoulder, it will make a sickening plunge.
Inflation = everything goes up.
Market will top this week or next. We are right at the top of the 1929 and 1999 peak trendlines
If you don’t hold it, you don’t own it. Gold and silver are money. Platinum too is worth speculation, everything else not a commodity is irrelevant.
@@shanejones578 You make relevant points but I think it's worth suggesting that commodities--in the event the Fed tries to inflate us out of this morass, will likely be a better market to invest in than stocks. But if debt defaults start happening (and I'm convinced that our U.S. govt will default eventually) that's when deflation will affect every asset class, gold included.
When did the conversation take place ?
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Yesterday, so fresh off the press!
Don't believe everything just because it's on the net!
Nice boyz, thanks again 👍
Zeberg's call on the S&P has been bang on but gold call dead wrong. Gold not going to $4000 or $5000 but neither is it going to $1200.
It's Jimmy Connor, thanks for the comment Dan and for taking the time to view our content! Forecasting is a tough game and no one is 100% correct.
Gold will rerate to 4-5k as fiat falls apart
@@graemejones9707 Yes I agree with you, that follows history of Gold in times like this, this time it is even more extreme even according to this guy?
@@aidenfreedom Gold pretty much always cancels out inflation and money supply growth it is a protector of value, as the saying goes an ounce would buy you a Savile row tailored suit in 1980 and it will today
Money supply has gone ape, Gold will catch it up.
This time there is a big fake in town too, Crypto. When all that gets blown out of the water, Gold could rocket
When gold hits 5k the country collapses. Or silver 100. And we’re 36 months or less away.
Everyone is calling recession despite record earnings...how on earth does that work?
Depends how the counting is done and accounting not done.
Lies, manipulation of data. If your gov tells you something, assume the opposite is really happening.
Inflation
Real vs nominal.
@@fahadkn90 There is a difference between recession and inflation! Inflation also impact earnings and the market is right sizing, it may not mean you are richer but it does mean it is fairly valued
The US job numbers are a mirage. They are always revised lower. Most of the jobs are part time. The US has more people working 2 or more jobs than ever before, and they are actually shedding good paying full time jobs. Energy exports and fiscal stimulus are keeping them from going into recession. jmho...cheers!
I'm a Contrian Trader ( I never follow the deluded crowd) I shorted the August ( gold Future contract) I'm currently up 126 points. I read the false breakout .......knowing Losing
Traders, ALWAYS...BUY at the MOON Levels! We'll see how the Trade continues. I'll sit tight and be Fearless, EVEN through the rallies!
It's time for Gold and Miner's
It's Jimmy Connor, thanks for the comment! I hope you are right 'cause I've been long for a few years and its costing me moula!
We are already living it. The 40+% inflation has surpassed any economic low in US History.
Been crushing on Hedrick for ver since I saw his early vids! Simply Gorgeous and intelligence makes him even MORE special.
❤
I'm out of the stock market now so I'm ready.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Are you all cash now?
But liquidity is coming.
I have a 401 k with 249,950 with my employer. I’m 55 years old and was in the market for 35 years straight. I just pulled out and went to 100 percent cash yesterday for first time ever. Your thoughts?? Did I pull out a month or 2 early?? My friend says he is going to stay in until August and then pull out
@@roberthanson5157 I honestly have no idea. I took a defensive stance in 2022 and it has cost me dearly. The S&P was up 20% in 2023 and I didn't participate. The only thing I know for sure that 10 years from now the S&P will be a lot higher.
@@BloorStreetCapital look at the trend… when the trend is broken either get out or go short
Get ready for hoovervilles in your city and town. This country has let us all down.
It's Jimmy Connor, thanks for the comment but what the hell is hoovervilles?
@@BloorStreetCapital American history lesson, my friend. Look them up.
@@BloorStreetCapital It was the nickname for the shantytown that was built by unemployed people during the Great Depression. Herbert Hoover was the president during the time hence the name.
Been plenty of '[Hide]rvilles' out there all over for years ...
It’s going to look like Rio de Janeiro here in the states.
Henrik Zeberg should be doing Ted Talks on "How to make yourself relevant, when you really are not."
I know, that is so funny, lol lol lol....
What's hell is he talking about?? House cleaners are paid 150K in Florida 🤦🏻♂️
Tell zeberg to follow David Hunter if he wants to make accurate forecasts, it will help him
Do not follow anyone.
Be an independent thinker.
@@user-lb8bg6kj9m lol, you clearly don’t understand the nuance of this comment
His opinions are based on all things being equal. The elephant in the room is the black swan. US ejections are on the near horizon. I think economists these days are hamstrung. I’m sure if you pressed him he’d say he believes it’s probable it won’t be business as usual over the next six years in terms of normal cycles. The question I think that should be asked is how to protect against a black swan. Obviously, if you ask the person being interviewed how this would alter their opinions, any answer they could give would be wild speculation, which isn’t saying a lot, since the “experts” today have future opinions that are 180 degrees apart. The truth is, nobody knows, and they are all making educated guesses. You pretty much have to find someone you believe and trust, and follow their advice to your benefit or detriment. In the end, this will all unwind in ways that will surprise us all, and no prophetic economist will have gotten it right.
It's Jimmy Connor, thanks for the comment Mark! I recently saw an interview with Jeffrey Gundlach and David Rosenberg and they bother were stumped by what's happening in the current economy. Nothing makes sense.
Second ad: buy gold
Henrik: you don’t want to be holding gold
😂😂😂😂
Agreed …A massive AI bubble is developing .. the market cap of the Ny Stock Exchange alone us almost $30T …not to mention other markets, incuding Real Estate ... If there is a massive demand to liquidate , it will not be pretty….
Gold down at 1200??????? i do not think
It's Jimmy Connor, thanks for the comment Walter! If it does it will be a massive buying opportunity!
i really like when you both meet
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
Fiscal policy is overwhelming the monetary policy. Nothing the FED does will matter if the government does stop dumping money in give away programs. So the FED tightens and the administration “forgives” 250 billion in debt or a trillion in green loan guarantees that will be defaulted on.
Interesting to listen to Henrik's views some are different from the current narartive. Be interesting to hear how the future of BRICs will impact US dollar, gold, etc
Henrik is a GOAT
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
I think he's wrong. I think BRICS Nation purchases of metals will send it higher while Bitcoin falls by the wayside when there is a cbdc issued in the western Nations. Ponzi scheme of Bitcoin is just about up
Holding that much crypto is incongruent with his economic forecast.
No IT s not.Blow of Top ist comming and Crypto will so x3 smaller x6 against the Stockmarket...but 😅the hard part will ne sell BTC at 90k 95k ..105k..115k...when all Scream 200k..7000sp500
@@michaeld.4174 FAFO
1. The US government paid $659 billion in net interest costs in fiscal year 2023
2. As of December 2023, total federal debt was $33.1 trillion
3. The amount of state and local government debt: While New York leads the country in terms of per capita government debt, at $18,411 per person, California, the most populous state, has the largest amount of total debt, at $507 billion.
4. Total unfunded USA government obligation: $73.2 trillion. Medicare and Social Security are responsible for 100 percent of the unfunded obligation
5. Is the Fed Monetizing Government Debt? What is the total value of the U.S. Treasury bonds? $27.0 trillion
How many treasury bonds does the Federal Reserve hold?
Longer-term Treasury notes and bonds (excluding inflation-indexed securities) comprise two-thirds of that expansion, with holdings of those two types of securities more than doubling from $2.15 trillion on March 18, 2020 to $4.97 trillion on June 8, 2022.
gold can go to 50 dollars. I do not care
stack physical silver and gold and hold on to them
It's Jimmy Connor, thanks for the comment and stats! The numbers are staggering!
There are two people that I believe are the best prognosticators of the future market conditions. One is Michael Pento and the other is Henrik Zeberg. Henrik is top of the class with his financial forecasting.
I disagree with your guest strongly, he is a bit coin boy, I am adverse to cryptocurrency, yes you can speculate with it but it is backed by NOTHING!! Gold on the other hand is solid, he can keep his shiite crypto, I'll stick to the trusted Gold, we will see if history repeats itself, I think he will lose everything if this depression happens. Back then a few ounces of Gold would buy a street of houses in New York?
Bitcoin≠Crypto
Crypto=degenerate gamblers
Bitcoin=Gold 2.0-faster, verifiable, easily transportable.
Bitcoin>Gold. It will eat the lunch of treasuries, gold, real estate. The game theory is baked into the cake. Tic tok next block
Thank you for having Henrik on your show. I follow him and he has helped me make money.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
Look at the labour market with a cautious eye, 2 casual jobs do not produce as much tax as a full time job…want a true measure of employment, look at payroll tax collected from employees, this will give a more accurate measure of the economy rather than officials smoke and mirrors.
The numbers are all skewed! We have the biggest wealth transfer happening now!
Boomer consumer has no debt, pays no interest but gets a lot profit to spend on services driving inflation.
I m expecting sp500 will bottom at 1500 by May 2028 . 72 % sell from now.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! How do you get 1500?
@@BloorStreetCapital I time and price market I bit complex to write it all and I do a lot of research . I trade 15 years. If you look at sp500 35 years chart if had top in 2000 1575 that is a top, then an other top 2007 1575 that is a top and now its 5300 so its call Dom in technical analyses so 1575 -1500 will be the bottom in 4 years from now. One more on 3/6/2009 market bottomed at 666.79 + 710% =around 5350 as we at now. If you take out 0 from 710 comes 71 %. 5350-71%= around 1550. I m numerologist . I also can tell that it was 4000 days from 3/6/2009 to COVID drop on 2/20/2020 and market will be 7000 days on 5/8/2029 from 3/6/2009 and sp500 will be around1500. I wish some one interview me and give air time I got other measures to time and price market
If it follows the 1920s pattern , you may be right.
10:18 'give me some crazy ideas' - sure we can do that. It doesn't get much crazier than now.
It's Jimmy Connor, thanks for the comment Dean and for taking the time to view our content!
I agree with much of what Henrik said. It feels like a massive lift off coming in the stock market driven by AI and FOMO. I'm not a believer in BTC but the approval of BTC and Ether by the SEC has created a whole new level of interest and this will add to the FOMO.
It's Jimmy Connor, thanks for the comment Jamie and for taking the time to view our content! Psychology and FOMO is so much of what's driving the markets.
Warren Buffet has 168 Billion in Cash out of the market.... What do you expect to be coming?
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! That is a great point!