Economy Entering 'Death Spiral'? Markets Are 'Cornered'

Economy Entering 'Death Spiral'? Markets Are 'Cornered' | Clem Chambers

Рет қаралды 65,256

Күн бұрын

Clem Chambers, CEO of Online Blockchain, gives his outlook for gold, Bitcoin, stock markets, and monetary policy.
Sign up for an IRA with iTrust today using this link: itrust.capital/David
*This video was recorded on April 26, 2024
Listen on Spotify: open.spotify.com/show/510WZMF...
Listen on Apple Podcasts: podcasters.spotify.com/pod/sh...
FOLLOW CLEM CHAMBERS:
Twitter (@ClemChambers): / clemchambers
FOLLOW DAVID LIN:
Twitter (@davidlin_TV): / davidlin_tv
TikTok (@davidlin_TV): / davidlin_tv
Instagram (@davidlin_TV): / davidlin_tv
For business inquiries, reach me at david@thedavidlinreport.com
*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.
0:00 - Intro
1:00 - Market correlations
4:50 - Inflation and fiscal spend
8:47 - Gold price outlook
15:10 - Bitcoin price outlook
18:05 - Stock market outlook
19:43 - UK market
21:53 - Tech stocks
23:50 - Capital gains tax increases
29:33 - Economic death spiral
33:19 - Most bullish asset
#stocks #bitcoin #economy

Пікірлер: 368

@brayanmartinezmartinez8862 Ай бұрын

Nice work. I’ve been on the AMS66P train for a while, never sold as they are always building.

@wongangpeng459 Ай бұрын

As always, David Lin asked very intelligent questions and reflected on his wide reading and deep knowledge of the subjects. He was to the point and no unnecessary words and gave room to the guest speakers to speak. Bravo David.

@VikasSharma-kv6dj Ай бұрын

He is a great interviewer

@masteryoda9044 Ай бұрын

Thank you

@ktms1188 Ай бұрын

Someone I knows work at one of the largest trucking companies in the US, LTL and FTL, ie. all the stuff you order larger than a small parcel. Slow and late pays are skyrocketing. I can’t really go into all the details, but things are not looking good right now for small and large corporations.

@spacechalklate Ай бұрын

USPS overnight shipping rate rose by 50%, and their employees tell me the rates are going to continue to increase.

@pavementstoneguy Ай бұрын

I work in insurance... it's a complete mess in this industry right now. I can't say the company, but they are definitely cheating people by not paying out on common claims that we would automatically pay pre-2019

@Ascendsean35 Ай бұрын

This guy has always been one of my favorite guests

@Tucknroll Ай бұрын

David, this was a particularly good one. Thanks, Clem is a trip

@user-vi1pf5ss8b Ай бұрын

I love Clem's perspective on current economic conditions.... Love it!!!

@danielmarks5133 Ай бұрын

Clems over the target 🎯 baby!

@gregero Ай бұрын

I love this man. He is hilarious

@fleshpistol Ай бұрын

Yeah we need these two in a daily morning show.

@SkipDulcet Ай бұрын

"Buy when they cry!" I just stole it. D. Lin--best YT channel!

@tenplus1025 Ай бұрын

Great interview D Lin!

@dtrout Ай бұрын

Clem is awesome! The ending was hilarious…. fun but thought provoking interview. For the USA the spiraling debt costs are going to keep inflation very sticky and unless the politicians focus on spending based on tax revenue and stop looking for methods to suck more money away from American households, inflation will remain high and growth will slow or go into reverse. Stock market will eventually have to endure a price correction and it might be 40 percent or more. Some of the reduction is coming this summer according to a source that I trust, but not likely a crash unless the Treasury auction fails. Not a time to be bullish nor speculative IMO unless the Fed makes a significant change in its heading and throws liquidity into the system and assists struggling banks with much cheaper cost of money….. letting inflation re-ignite as a result. There’s a lot of headwinds working against the bulls IMO.

@Chuck68ify Ай бұрын

They sucking $$ in from the future.

@Pangora2 Ай бұрын

I believe this is the right sentiment. The US will attempt to hold the line on all major news so it can't get blamed for the return of mega evil orange fella. Once that's in the clear they'll let some air out. They might let a little air out in bursts beforehand as well, but just for show

@essenceflow Ай бұрын

Exactly. This market doesn't feel like an investment but a craps table. Gambling mindsets.

@iansheppard2493 24 күн бұрын

@@essenceflow well put from the both of you. This is an accurate and genuine reaction to the real situation for any single private investor

@josephmorabito4439 Ай бұрын

I never knew Ricky Gervais was so well versed in finance, investing, and economics. Excellent interview as always, David. Bring Ricky back again, soon.

@vv247 Ай бұрын

Great guest 👌

@30guarino Ай бұрын

Sounds like David was interviewing the gecko 🦎 from Geico lol

@robertfansler7800 Ай бұрын

The person that voiced the gecko is James Burke, who made the PBS documentary series; Connections.

@gregero Ай бұрын

He has little weird jokes like him too. Makes me laugh.

@trailguy Ай бұрын

I think the us is less interested in keeping the gold price down now because tha5 only makes it easier for other central banks to load up on it.

@user-ku4wq8xk7u Ай бұрын

Here we have the consequences of not having respect for the dollar . Spending and barrowing without control . The free market was destroyed by the goverment , and lots of regulations with in our economy . ¿ what else could we expect ? Printing, and printing millions , billions , trillions of dollars . We are going strait to Zimbabwe , except for the very rich .

@wisdoma4860 Ай бұрын

BLA BLA BLA ECNONOMY IS ON DETH SPIRAL NONSENSE, ALL LAST YEAR SAME OL NONSENSE WHILE SOME OF YOU MISSED STOCKS AND CRYPTO GAINS. NOW ELITES NEED TO MANUEFACTURE A CRISES, SO MEDIA WILL INSTALL FEAR FEAR SO YOU DONT PERFORM IN YOUR BUSINESSES, THEN YOU LAY OFF PEOPLE SO POWELL REACHES HIS 2% INFLATION.GOOD THING, MORE AMERICANS ARE AWAKE TODAY, THERE ARE MORE OPPORTUNITIES TO MAKE MONEY IF YOU WANT TO WORK, SELL GOODS ONLINE, KZfaq LIKE THIS KZfaqR IS DOING, LOL, ITS FREE WITH KZfaq TO START A CHANNEL AND MAKE MONEY IF YOUR NOT LAZY AND COMPLIANING THINKING ELECTEING ANYONE OF THESE POLTICIANS WILL HELP YOU. WHEN STOCKS OR CRYPTO DROPS? THOSE ARE PEOPLE FROM BELOW TAKING PROFITS THEN DOLLAR RISES, INFLATION WILL INCREASE, MAKE MONEY TO HANDLE IT. DYOR.

@francoissimmer5394 Ай бұрын

et en europe en France c est une catastrophe !!!

@louishall3700 Ай бұрын

The issue for everyone else is the Fed reserve proxy aka the USA is a giant bully with an army. The fed powers actually increase with inflation.

@END-THE-FED Ай бұрын

The question is, when will hyperinflation of the dollar begin?

@user-nx8yj3iu1z Ай бұрын

It starts very soon

@brandonsmith6965 Ай бұрын

as soon as the US election is over. or maybe sooner if they can't prolong it

@RealLifeFinance Ай бұрын

It started in 2021. I don't believe govt inflation #s one bit, I look around with my own eyes. Depending on what exactly you look at we've had 2021 - 20% 2022 - 20% 2023 -15% And were running at 10% now In a few years 10% will look dreamy

@simonlo9956 Ай бұрын

It already happened two years ago

@geraldinetoughey9622 Ай бұрын

Its worrying if the US economy goes down. They sometimes go to war, Reaganomics, to improve their economy. This is worrying.

@josephhartman2343 Ай бұрын

I jut put all of my retirement in physical gold. $2 million of Gold. I am so excited.

@user-lb8bg6kj9m Ай бұрын

Not that I know anything but do not put all your eggs 🥚 in 1 basket 🧺

@NooeeeNNN Ай бұрын

Yes I wouldn’t encourage putting all of my assets in one basket but this is a near guaranteed bet! Gold has outperformed the entire stock market since 2000. Excited for you

@wapiti3750 Ай бұрын

Where have you hidden it? 🙂

@josephhartman2343 Ай бұрын

@@wapiti3750 my bug out cabin deep in the wilderness.

@JustForRita Ай бұрын

@user-lb8bg6kj9m incorrect, one of the best investors in the world Stanley Druckenmiller's moto is "Put all your eggs in one basket and watch it like a hawk"

@peterkeil1797 Ай бұрын

Refreshing guy and interview!

@johnmorelli3775 Ай бұрын

Great interview. Davis please put this out as a podcast!

@wesleyt4109 Ай бұрын

"He's the CEO of Online Blockchain." And I'm gone.

@IDNeon357 Ай бұрын

Did you shjt your pantjes?

@Pangora2 Ай бұрын

As to the election, Trump was behind polling in 2016, further behind in 2020, in which he barely lost by a hundred thousand 3am ballots. This time he is polling ahead by several percentage points in every swing state.

@mehditaba6303 Ай бұрын

More money is inflation and not the cause of it.

@placebogazebo9671 Ай бұрын

Fantastic analysis. I'll be looking for Clem's material.

@susanneschmidt6159 Ай бұрын

I keep seeing those headlines in thumbnails but nothing changes. Just status quo

@MACOO7. Ай бұрын

Love it .. what an enjoyable fun informative watch

@markrafferty992 Ай бұрын

Thank you!🙏🏻

@markkovachis2932 Ай бұрын

Clem is based

@bssb936 Ай бұрын

Great video thanks

@vcjones Ай бұрын

You are a great interviewer David - I really enjoy your interviews! 😊👍🏻

@eponaepona Ай бұрын

Excellently explained. "Taken their boot off the gold"

@spacechalklate Ай бұрын

"I can't see the market running away" - except we continue to see all time high's, breaking over-and-over. They keep saying "there's a LOT of money on the sidelines! Everyone is in cash, ready to buy the dips!" - so if a lot of the large institutions went into cash, how is the market still making ATH's? If markets are "cornered" - it seems like it's cornered to keep going up.

@mattclark6482 Ай бұрын

Yeah, a lot of contradictions there

@Jaydoggie1 Ай бұрын

smart money has been selling into retail money over the last couple of months. Why would institutions buy now when they can just wait until interest rates fall and buy with free money?

@spacechalklate Ай бұрын

@@Jaydoggie1 sure, so if retail doesn’t sell, how do prices come back down to reality?

@Jaydoggie1 Ай бұрын

@@spacechalklate lol you really think retail who bought BTC for example at 70-73k wont eventually sell when they see btc failing to get anywhere near those levels. Plus the longer the interest rates stay higher the more likelihood people will need to sell their investments in order to fund the high cost of living.

@juliantucker354 Ай бұрын

ATH lead by fomo of AI.

@DjmMik Ай бұрын

Nice interview David!

@frankfighter6409 Ай бұрын

You do a great job, David

@brandonbaker5884 Ай бұрын

Not a conspiracy. Poven . See $920 Bilion fine in US courts.

@Benji_The_Ghoul Ай бұрын

Conspiracy doesnt mean its not true.

@pdel303 Ай бұрын

The best quote "The politicians are mad and stupid". I consider that a complement.

@michaelongaga2013 Ай бұрын

You guys have a special relationship. I remember the last time he was on the show. He got me to actually look into crypto. I was able to find a 25x coin. (The one he suggested was a nothing-burger, but he go the in the door) I'm forever grateful.

@user-tm8km1po6k Ай бұрын

When Clem is on, i always listen 👍

@Andysfishing Ай бұрын

Taxes on the rich need to be more. I’m not young nor poor, but our inequality must stop before society breaks down.

@louisburton5830 Ай бұрын

You do realize that if they took ALL your money, it would still be insufficient. They need to quit spending (read "buying" support).

@TubeBoobforyou Ай бұрын

You could confiscate the entire wealth of the top 1% and run the Govt for a few months. We have a SPENDING problem. The rich already pay nearly 50% of all the tax revenue which is highly punitive....

@masonguritz6758 Ай бұрын

Government needs to stop the spending. They get plenty of money already

@Jaydoggie1 Ай бұрын

@@ikeanderson6466 lol corporations will just pass these taxes onto the consumers in the form of higher prices

@dtrout Ай бұрын

Nobody ever taxed their way to prosperity. Art Laffer

@chrysisd Ай бұрын

Great interview covering markets in the US and abroad. Thank you David for the spot on questions. Very much loved the bullish stance of Clem putting his money where his mouth is. Bullish on FTSE did not expect that!

@TOMinPDX Ай бұрын

I haven't heard of Clem before but I really enjoyed this episode. I'll have to search out some other interviews with him 👍

@robbobcat7286 Ай бұрын

love seeing Clem again.

@RMM919 Ай бұрын

I really enjoy your interviews. You belong on CNBC or Bloomberg. If thats what you want, I hope it comes your way sooner rather than later.

@smcha4 Ай бұрын

He's better than that, hence doing his own thing.

@SpicyPumpkin99 Ай бұрын

The thumbnail gets me every time!

@cybermuse6917 Ай бұрын

Great analysis by Clem, and a good example of thinking critically. Great perspective and bang on.

@user-im6fy4qp6m Ай бұрын

lmao what critical thinking? he is literally treating the last election like it was legitimate and somehow voter turnout is going to matter.

@user-hz8xb2fk6d Ай бұрын

I didn’t know David Brent from The Office UK talked macroeconomics.

@regwatson2017 Ай бұрын

Hahaha - I had to replay that a couple of times to hear that voice "They did that....." He needs some voiceover cartoon work 🙂

@gilliebrand Ай бұрын

the background/green screen was struggling at times...or is Clem an AI of himself? 😁

@VisionClearly Ай бұрын

This guy is excellent!!

@maureenviola Ай бұрын

I wish this guest would use a different virtual background. When he moves his head it pixelates in and out, a head rest or something appears and disappears, so I know it is virtual. But maybe get a better scene for a background without the door and the light sticking out or whatever it is - a better harbor scene maybe? Personally I think virtual backgrounds are disturbing if they do this pixalating. What’s wrong with a nice office wall? It would be much less disturbing. Been waiting for years now for him to change it! It’s time, please! Clem!!!! Please! 😊

@deltadigger2833 Ай бұрын

This guy has an awesome metal detecting channel too. Cool guy

@christopherdavies8839 Ай бұрын

The first person with David Lin that is actually stating the obvious in a clear way

@gregorysagegreene Ай бұрын

I'm an Aussie expat in the U.S. and, although I didn't jive with some of his rosy outlooks on this world, I was tickled by his pommy slants on what the idiots are doing and how it'll go toward the end of the year. Having 'Minder' and 'Monty Python' giving me a 'back alley' view was a treat.

@wilfhigginson465 Ай бұрын

Great optimism…probably misplaced but refreshing nonetheless 👍🏼

@francisleong7989 Ай бұрын

I like David's response when that guy said "your viewers like conspiracy theories". and by the way, that guy said HSBC isn't British (21:21) ?

@thebarryman Ай бұрын

That was very funny.

@juliantucker354 Ай бұрын

I think you’ve misunderstood what he meant by “not being British”. He’s saying companies like shell, hsbc, rolls royce are international companies which produce worldwide but are undervalued compared to us equalities like chevron, Bank of America, GE etc. Does that make sense?

@matutetute9290 Ай бұрын

The conspiracy doesnt make sense because ETFs nees to buy real Bitcoin and Bitcoin is open auditable. You cant create more by the ETFs. Contrary, Gold is impossible to be audited, no one really knows how much real gold is held by banks and ETFs they can issue more ETFs than real gold to manipulate the price.

@erinsweet8147 Ай бұрын

This dude is funny too, like watching Monty Python 😂

@lance4883 Ай бұрын

Sounds like Ricky Gervais at times.

@AnnaCentauri Ай бұрын

as kooky as he was, I really liked that guest. Very down to earth

@KadirSerdar-vo9tu Ай бұрын

It would be great if you had a deep dive on the AWMKPX

@danieljanz Ай бұрын

We are no where close to the bottom. And yes a bottom will come and if you are smart you will have an amazing opportunity to invest.

@MrPnggold Ай бұрын

🆙💯🚀

@deanchristie3829 Ай бұрын

The word 'death' is spelled wrong, it should read 'debt'. But then, death is more dramatic.

@briannewman6216 Ай бұрын

Clem is good.

@viewerone Ай бұрын

Dude, we’re at the top and waiting for the bottom.

@GEOPOLITICALANALYSIS Ай бұрын

Clem!!! Awesome :)

@fooling6373 Ай бұрын

LOL David, "You should come sometime."

@MeteEsra Ай бұрын

I am with 90% on BTC and also keep some in AWMKPX thanks for the video as always!

@mattg8431 Ай бұрын

Why is it that bears are always wrong? Market has had all the reasons to go lower but it's done the opposite

@donragnar8430 Ай бұрын

The track record and PnL of all of these macro analysts should be shown before they start reciting their Aesop Fables.

@PinarNurmuhammet Ай бұрын

Fully believe into AWMKPX and the comeback for IOTA, they are promosing and the technology is just next level

@OsmanOzlem Ай бұрын

What a statement, damn. So its said that AWMKPX is just about to launch and I think that will really change a lot of what was happening in the previous years, 2024 will shine yay

@SorensenBjerring Ай бұрын

Love you hair 😅😂❤

@NagihanOzlem Ай бұрын

Been collecting the AWMKPX this cycle as that has the right place in this time

@jeffmbateman Ай бұрын

I am curious. Bitcoin and gold may be correlated right now, but will this correlation maintain itself as the supply of available Bitcoin decreases or as it moves off exchanges into cold storage? As ETFs soak up Bitcoin supply, I personally think that unless there is market manipulation, that the correlation won't last long.

@b.runnels9106 Ай бұрын

Unrealized gains tax is ridiculous. Will they in return me unrealized losses?

@andrewsnyder9262 Ай бұрын

I just won’t invest anymore. I’ll blow all my money as I see fit.

@ZerinEsra Ай бұрын

No more DCA if things are progressing and we are at the first step for new ATHs. Hopefully AWMKPX was the right pick as you recommended earlier

@HayriFethi Ай бұрын

Got my fingers crossed for BRETT and AWMKPX

@user-mk4fh2fq7p Ай бұрын

Let’s cancel the debt. Let the people who own the debt lose it all.

@ace9840 Ай бұрын

You must not have a retirement plan.

@bssb936 Ай бұрын

Great video thanks 😊😊

@AyseYildiz-fd5hf Ай бұрын

Swapping my ETH and swapping to AWMKPX. Already up as expected. I wish I left on all the junk way earlier to step deep into this ride, they rock!

@earl272007 Ай бұрын

but u cant pull money out the system when its so over leveraged thats not correct! we wont level out

@skydragon23101979 Ай бұрын

You can slowly and you don’t fight China’s rise. China will supply you with cheap goods which would reduce the pain of a slowing economy.

@MetinMehmet-qz1xt Ай бұрын

All of them are reasonable picks. But the heart goes to AWMKPX and this vision is definitely something else.

@user-sz9dj1py4l Ай бұрын

This guy should have that Ear Looked at by a professionaL doctor😂😂😂😂

@RealLifeFinance Ай бұрын

His flapping ears? 😅

@mlbonfox8199 Ай бұрын

My new favorite guest; have him i on again please

@mcgems754 22 күн бұрын

A fav and Dav

@seemamalik369 Ай бұрын

Timestamps are very important, i would watch half the interviews if there are no timestamps

@AykutVeysel Ай бұрын

In 2024 with the ETFs and halving and everything coming up the biggest change to everything will be AWMKPX hands down. They worked for years to get this done and needless to say how much impact will rise from that.

@CemSeref-vn6rx Ай бұрын

I think Gala going to be the leader in the gaming section, but AWMKPX overall high contender in most areas, tech, ecommerce etc

@petermartyn9701 Ай бұрын

When the fed got rid of its gold standard it took the need for regulation away and this started the demise of the dollar and turbo drove the printing presses.

@ilkerYasemin Ай бұрын

Just leaving this here.. My heart goes to the entire community for AWMKPX building up something which is worth it for everyone. This is so smart by them to launch and shatter the doubts and fears of the common folk, which was misplaced by all the drama we had last years. Everyone knows the state of inflation and recession now and the way out is already in progress. Now its just about catching the big fish, ya feelin?

@bobleib737 Ай бұрын

Hey David I'll start an I Trust Capital account but instead of 100 bucks make it a million.

@dabomboo7o Ай бұрын

Moving in tandem so they crash it all at the same time

@MegaArtManiac Ай бұрын

Dont know about boot But we are willing to buy at 52 and 44 long and mid term anything else is a Daily trade

@MeteEsra Ай бұрын

Got in at AWMKPX with $1 but I will keep it until it hits $50. Still low with that number as the market cap is not close to where it should be

@AbdulSerdar Ай бұрын

All of them are fine picks. But they can't match the vision and purpose of Amazons AWMKPX at any point, big difference.

@boombustinvest Ай бұрын

He's dismissing recession risk completely

@hugoclarke3284 2 күн бұрын

He knows how to be on the right side of the tidal wave

@erniekeller1093 Ай бұрын

Is this my favorite Death Spiral? All the other ones were kind of disappointing to be honest. I want bread lines, I want people selling gold for chickens! What I think is that people who are doing OK like to see stuff about how horrible things are so they can be thankful they're not in huge debt and can still afford premium cat food for the kitties. The dirty secret is most people pay their CC bills with all deliberate speed and ride out inflationary spikes like always. When it subsides they think about something else.

@jamesconley9753 Ай бұрын

If you can’t figure out the mag 7, you can’t see what’s coming. This is what you get when you are only technical in a market that is running on feelings right now.

@HayriFethi Ай бұрын

All guys stacking AWMKPX before next bull are smart apes for sure