US Dollar to Get Re-Priced from ‘Widely Overvalued’ Levels, Massive Impact on Gold, Bitcoin Targets

Рет қаралды 259,806

8 күн бұрын

U.S. Treasuries will be dumped as global reserves by 2030 as the U.S. dollar will get re-priced from "widely overvalued" levels, Luke Gromen, founder and president of Forest for the Trees (FFTT), tells Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. Gromen weighs in on what he sees as the new global reserve asset and what it means for gold and Bitcoin prices.
Did you like this clip? Watch the full interview here: • US Economic Policies o...
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#gold #Bitcoin #dollar #Treasuries #Fed
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Пікірлер: 754

@kitco 7 күн бұрын

Liked this excerpt? Watch Luke Gromen’s full interview here: kzfaq.info/get/bejne/eqphdtGbrpi-Y58.html

@petejames1326 6 күн бұрын

does he have any price targets for gold short term and long term?

@kungfujoe2136 5 күн бұрын

imh they will never do that because china and russia have to got to much gold and they dont want ot help them

@DonaldMark-ne7se Күн бұрын

At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.

@kevinmarten Күн бұрын

You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.

@Jamessmith-12 Күн бұрын

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@JacquelinePerrira Күн бұрын

Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns

@kevinmarten Күн бұрын

How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

@JacquelinePerrira Күн бұрын

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

@mutantryeff 7 күн бұрын

A debt-based economy is just a variation of a Ponzi Scheme. New debt pays off old debt, and it takes more and more debt to sustain the economy.

@gmailCom-xs2up 7 күн бұрын

Precisely they can keep the can down the road for another 50/60 years. etc.

@marcmcreynolds2827 6 күн бұрын

It's a productivity-based economy. That's how a fiat currency works (or doesn't).

@mutantryeff 6 күн бұрын

@@marcmcreynolds2827 Productivity-based can be broken down into capitalism vs communism. In capitalism, you need closer to 100% of the GDP to be derived from private companies driving the economy; in communism, you will find that most of the GDP is driven by government spending. We are closer to communism than capitalism. Why do we have over 12% of the population receiving SNAP cards (skewed lower as children don't hold them, but are part of the population) - this is the bread lines of the 1930s. Debt-based is fiat; using gold is not a debt-based economy.

@GlobalAINewsInsights878 6 күн бұрын

@@marcmcreynolds2827 Productivity MY Rear End. In the USA it's ALL about GREED and POWER and CONTROL by those who are on Top, nothing else.

@jeffdenson3596 6 күн бұрын

@@marcmcreynolds2827 Trippens Dilemma says that we are eventually doomed. Fiat might work but because we can print money. We can buy goods with printed paper.

@JoeGarcia-cg1pp 7 күн бұрын

Politicians need to have terms like presidents based on performances

@johnnyronkonkoma5388 6 күн бұрын

And we need to get the money out of politics.

@abassmastera 5 күн бұрын

This

@GingerPeacenik 5 күн бұрын

Problem is, the real government is the Central banks and a handful of oligarchs. Politicians are just their puppets.

@ALANGREENSPAN420 7 күн бұрын

🚨SILENT🚨DEPRESSION🚨

@bradleyjordan5365 5 күн бұрын

Cheer up.

@noahhamilton1026 5 күн бұрын

Brics=💎 US dollar = 💩 😂😂😂

@ALANGREENSPAN420 5 күн бұрын

@@bradleyjordan5365 😉😎🤪

@charlesdunbar1211 6 күн бұрын

Using electicity to make bitcoin doesn't make it anything like gold. Dreamers.

@nahbro3240 6 күн бұрын

No but millions of people thinking there currency is going to toilette paper status mix that with billionaire buying it, watch it reach skyrocket in price when usd start dropping and panic starts, mix that with war time and here you go. Bitcoin is plundging right now, you think is expensive at 60kusd per, watch when shft. Prediction is 100k+

@johnkonor4285 6 күн бұрын

You are right but they need to promote technology of btc before enter cbdc

@TeddyBess 6 күн бұрын

Sure. And 'sakamoto' is a real person that, 'donated' 21mill btc to humanity. 🤣🤣🤣🤣🤣

@layhingsiu-munro8810 6 күн бұрын

Do you know how much it costs to mine gold to Earth?!!! The amount of forests destroyed and rivers poisoned because of gold mining? The slavery of miners who can be as young as 6 years old? Then Bitcoin mining is not nearly as costly as gold. Besides you need to store the lingotes and pay to have them kept by companies who make money out of keeping the gold safe. I mean... Bitcoin is short of making the damage the gold has done to the environment and humanity.

@neilcameron3021 6 күн бұрын

Has anyone proved the connection between mining and getting bitcoins.Why has microstategy.not shutdown its softwear side to " mine" bitcoins?

@lewisstretch 6 күн бұрын

No one is happier than Peter Schiff. He’s been waiting two decades for his pay day and to be able to say I told you so.

@mwilliamson4198 6 күн бұрын

check out the Gold/Bitcoin price. hmmm...

@katieecat 6 күн бұрын

Lol but true

@Dori-cf7wo 6 күн бұрын

How can he celebrate an asset that isn’t keeping up with inflation? Besides, that asset is so manipulated, I wouldn’t touch it.

@ianlloyd4301 6 күн бұрын

@@Dori-cf7woyeah because nothing else is manipulated hahahahahahahaha okkkkay

@Ascendsean35 6 күн бұрын

@@Dori-cf7wo Yeah I don't get the Gold bugs. Like, they understand the monetary system and everything that's going on. But they just can't let the Gold thing go. I mean commodites in general, dividend stocks, "safe haven plays" make sense. Why do you gotta be obsessed with metals.

@Micaelbarnes 6 күн бұрын

Gold is the only tier 1 asset and paper contracts are 125:1 and silver are 400:1. I’m still bullish on silver.

@Str8TalkNoDiddy 3 күн бұрын

goof there's not one assets in their pyramid schemes that have outperform Bitcoin. Bitcoin was created to balance the wealth but poor people are still toooooooo dumb down. _Mr. Bitcoin_33 "next elite"

@imbonkers3629 7 күн бұрын

With the amount of usa debt it should be devalued by 50% 😮

@sailfly2869 7 күн бұрын

You shouldn’t say that, there are many countries that haven’t cashed in yet.

@blindluck3643 6 күн бұрын

Not even close. Try by atleast 98%

@DKK 6 күн бұрын

How about every other country with enormous debt? Thought so

@sailfly2869 6 күн бұрын

@@DKK Despite uncertain macro conditions, the dollar has continued to demonstrate strength - largely thanks to sticky inflation, a resilient U.S. economy and year-to-date highs in yields. Indeed, in a display of U.S. exceptionalism, the greenback has gained against just about every other major currency in 2024.

@SagittarianArrows 6 күн бұрын

@@sailfly2869 Well their politicians are idiots!

@ArapuniWizard 7 күн бұрын

Neglected to mention silver, which ALWAYS outperforms gold when metals rise. Never mind, it'll be our little secret!

@christinanapolitano6837 7 күн бұрын

I know right Silver is treated like a stepchild

@reddysteddy2195 6 күн бұрын

Silver is nowhere near as scarce as gold so doesn't get a mention in the macroeconomic mix for countries and trade/stability requirements, but the rising (GOLD) tide lifts all (PM) ships, which is great for us little squids.

@tz6516 6 күн бұрын

Silver isn’t Tier 1. But more importantly, if PM prices are going to 5x, why is Kitco selling? They shill PMs, but sell every day.

@prolific1518 6 күн бұрын

Silver is more volatile which makes it a worse storage of value. Same problem as Bitcoin. That's why gold has throughout history been used a money.

@reddysteddy2195 6 күн бұрын

@@prolific1518 I first bought BTC at $1,700 which is now worth $60k (was $72k) so it seems like a good problem to me. Especially considering USD has lost over 90% of its purchasing power in the last 30 years. We've been scammed.

@stevefowley8128 6 күн бұрын

Still the US media dont talk about BRICS and the fact that a lot of countries are trading in local currencies and dumping the dollar. The US is facing massive problems as there will be more dollars available that nobody wants, this glut will devalue the dollar and lead to big inflation. It also means you cannot just print money as there is a glut already, which impacts on national debt

@tebogomore6673 6 күн бұрын

They are hoping that if they don’t if they don’t mention BRICS, it will go away 😂

@Germany._.Kit77 Күн бұрын

If non Brick's members, staying together against Bric's members and go deglobalization, the Brick's is 5 years gone. Cause the Bric's can only survive if everyone will use it. Deglobalization will increase 70% em 11:51 ployment, and block bricks out, we have all resources to do it, keep Tarif higher on Brick's members, and bricks will be useless 😢 special stay away from Ev's fro their, we do not have the power grid and this vehicle are dangerous, in collision there's write offs , insurance will be times 4 starting this year 😢

@Germany._.Kit77 Күн бұрын

Before global market we could do it, we can do it again, block all bricks members can't survive, also gold prices will go down when all bricks members have enough 😢 deglobalization will create local economy jobs

@lovyrituraj 6 күн бұрын

20 years from now ...people will remember 1990-2020s ....nice sweet spot for America....good old days etc... then we blew it all up.

@ambivertical 5 күн бұрын

Not we, corrupt politicians.

@clovisholz245 7 күн бұрын

central banks are getting rid of the US government's junk bonds and the people can start wiping their asses with their dollars😂😂😂

@sailfly2869 7 күн бұрын

Why destroy the dollar when it stills buys PMs better than other currencies. I think toilet paper will do just fine here.

@ReynaldoVillaceran-jv1je 7 күн бұрын

😂😂😂

@robertk1834 7 күн бұрын

Better stock up on that toilet paper 🤣

@sailfly2869 7 күн бұрын

@@robertk1834 with the thought of a solar storm and then shortages during the pandemic and now with a possible civil war brewing you better have more than toilet paper. LoL

@ReynaldoVillaceran-jv1je 6 күн бұрын

@@clovisholz245 use toilet papers to get rid of this stinking USD.

@markamberg8362 6 күн бұрын

How do Central Banks buy all the tonnes of gold with digital currency they create from nothing at a price set by them in London and NY?

@0004612 6 күн бұрын

This is my question too. The writing is on the wall. Why are refiners accepting fake money in exchange for REAL MONEY.?

@prolific1518 6 күн бұрын

@@0004612 gold sellers are accepting fiat because they are unaware of the consequences.

@Pleiadian_starseed 7 күн бұрын

The reason I buy gold and silver ✨️

@r0m3y0 7 күн бұрын

He literally said gold would have to 19x to match the price level of 1980... Bitcoin is the correct answer. Blackrock and other asset managers agree.

@Pleiadian_starseed 7 күн бұрын

@@r0m3y0 when bitcoin goes to 0 I will laugh

@YUK7000 6 күн бұрын

😂😂😂 Fake NEWS!!! Do your own research or suffer the consequences. KITCO News primary focus is to sell bullion. Their process is to educate/ indoctrinate, so you proticapate!! Fear based news.

@DeusExMachina50 6 күн бұрын

@@r0m3y0 Where did Bitcoin come from?

@UptownSigma 6 күн бұрын

@@DeusExMachina50probably a combination of some three letter agency. BUT you still better buy some Bitcoin anyway

@OzkAltBldgCo-bv8tt 6 күн бұрын

I'm ready for the half cent, half penny, the 2 cent piece to make a comeback as well as the $500 bill and $1,000 bill We as a society need them.

@farhansiddique4182 6 күн бұрын

Honestly, I don't understand why you're discussing these dubious schemes. There are plenty of options like Unimantic and similar ones that are fast and profitable.

@carson3210 2 күн бұрын

Junk

@josephjames259 7 күн бұрын

It will make more sense one day to wipe with the dollar than try to buy toilet paper with dollars

@marcmcreynolds2827 6 күн бұрын

Let's start getting in practice for that. You send me dollars, and I'll send you toilet paper (the good USA stuff -- not the scratchy Russian version).

@tz6516 6 күн бұрын

And the Bank of Japan owns 100% of Japanese bonds, and the economy hasn’t collapsed. It’s not a healthy situation, but has not caused an economic crisis.

@DKK 6 күн бұрын

Keep dreaming 🤡

@brockbah2048 6 күн бұрын

if you think the US gov will allow that to happen peacefully, you're dreaming

@marcmcreynolds2827 6 күн бұрын

Inflation adjusted, the USD has been on a mostly declining trajectory since it peaked in 1895 (not a typo). Yet to this day, it remains one of the strongest currencies out there. So much for all of these slanted KZfaq channels.

@markphillips9822 7 күн бұрын

Taiwan is also selling treasuries. And a lot of em.

@DeusExMachina50 6 күн бұрын

Why do you think that is?

@markphillips9822 6 күн бұрын

@@DeusExMachina50 my opinion China told them to. But it's probably also to prop up their currency.

@DKK 6 күн бұрын

@@markphillips9822😂

@RolandLau4x 6 күн бұрын

I think Taiwan is force to buy US junk bonds and later exchange for outdated F-16. Sad

@loktom4068 6 күн бұрын

It only made smart sense financially.

@raydanielz9408 7 күн бұрын

RIP dollar and USA hegemony. The world has moved on 🚮

@DKK 6 күн бұрын

Sure thing 😂

@winstonsmiths2449 6 күн бұрын

Which country do you live in? Fool, that is not a good thing! You want Russia as the leader? China? European Union, they cannot manage themselves. How about middle east countries? Do you think they will do a Berlin Airlift for you should something like that happen in the near future? As an American, I am good with the world moving on. No more dead weight to hold up. I feel for those that know the reality and see the horrors that are coming our way.

@prolific1518 6 күн бұрын

@@DKK keep living in the past. The British had the same problem.

@DKK 6 күн бұрын

@@prolific1518just living in reality. The pound is doing just fine

@user-fk1rf4jm2j 6 күн бұрын

Don't worry, Trump and KITCO will give us BiTCon backed by nothing! As you heard this self proclaimed genius say that gold needs to go to $10,000 oz. to make it viable here and that absolutely "nothing" has a store of value better then tangible gold. America doesn't even have gold mines like SA which is with BRICS. America is over and these people think "nothing" will save them.🤣

@xiartist 4 күн бұрын

The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclays , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

@xiartist 4 күн бұрын

Sandy Barclays program is widely available online..

@Birdman5902 4 күн бұрын

Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.

@batiaz 4 күн бұрын

Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.

@bongogames3992 4 күн бұрын

The market is not necessarily a rollercoaster if you know your way around it, but If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. Took my own advice and as of today, my cash reserve has yielded from $350k to nearly $1m in months..

@jchall12 4 күн бұрын

Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to she’s so accommodating.

@texdevildog9174 6 күн бұрын

If there is a currency crisis and gold goes 19x, all commodities and cost of living will probably 10x also.

@tayclift5322 6 күн бұрын

No sh*t...

@0004612 6 күн бұрын

Why? Bitcoin has gone to 65k and nothing’s changed. Gold market and Bitcoin market are both very small.

@texdevildog9174 6 күн бұрын

@@0004612 bitcoin isn't 65k, LOL.

@user-ch9pz1uq9v 6 күн бұрын

@@0004612gold is about 15 trillion and Bitcoin is about 1.5 trillion. Thats expected to start to change. Many people think Bitcoin will overtake gold. As time goes on I tend to believe that also. Gold and silver are great long terms store of value but digital assets are taking over and being used everyday. Bitcoin is very similar to gold except in digital form hence why alot of people are calling it digital gold.

@Dori-cf7wo 6 күн бұрын

@@0004612gold is dinosaur bones. Let’s move on.

@dogbox2290 6 күн бұрын

Great chat. Great questions. Great answers ☀️🌴

@Thisworldisdoomed 6 күн бұрын

I have a clear understanding of the underlying concept of purchasing gold. However, a situation arises where a significant majority of the population, approximately 50%, expresses a desire to acquire gold. Considering the limited availability of physical gold, it seems highly implausible that such a substantial demand can be met adequately.

@Dori-cf7wo 6 күн бұрын

The days of gold are so, so over. There is zero reason we need to use slave laborers to dig up dinosaur bones, then to ship it all over the globe, to have a stable monetary system. It’s just dumb.

@brixmortar 5 күн бұрын

That's why the price will go up. More demand than supply.

@gregg4600 6 күн бұрын

Thank you Michelle and Luke, this is my first time listening to an in-depth discussion of the dumping of US Treasuries, and it's impacts.

@jp2412diu 7 күн бұрын

USD will be 50% discounted soon

@mwilliamson4198 6 күн бұрын

You might want to consider the arguments put forward by Brent Johnson (Dollar Milkshake theory guy), who claims that it;s much more likely that the USD will strengthen against other fiat as the debt continues to increase. Also Michael Howell has talked about how the USD debt situation may be bad, but the other fiat are even more bad. But it's partly a semantic confusion because yes USD may fall in value versus real assets - gold, bitcoin, commodites, equities, but that doesn't mean the dollar index (USDX/DXY) will fall because it's a measure of the USD versus other fiat (EUR, GBP, JPY, AUD, CHF etc)

@reddysteddy2195 6 күн бұрын

@@mwilliamson4198 dollar milkshake theory assumes USD hegemony continues as it is (or was) without other currencies being able to be used for major commodities etc purchases, but BRICS are putting an end to that for better or worse.

@SashaSasha-ck4vg 6 күн бұрын

Oh nice, a 50% discount. I love discounts.

@jessedavis6196 6 күн бұрын

@@mwilliamson4198they can’t keep printing selling bonds and treasuries if there are no buyers. The end of petro dollar and 90 countries and growing to join BRICS a commodity based currency. Saying the dollar will hold up better than other currencies doesn’t matter. The whole globe is crashing as it’s backed by our dollar. Be a fool don’t buy commodities but you will regret it.

@pierrematisse5381 6 күн бұрын

2 haircuts of 30% each = 50% devaluation

@oldschoolprogressive2100 6 күн бұрын

We will see this prophecy to become true around late 2020s and early 2030s. Recession-Depression-Stagflation-Hyper Inflation

@Patented2 6 күн бұрын

Very interesting and fascinating perspective!

@reginaldthorne 6 күн бұрын

Another Great interview.

@user-tr9hy9xf5i 7 күн бұрын

Awesome analysis Mr Groman. I don’t miss your macro analysis on GLD and BTC

@Schneiw 7 күн бұрын

Dollar is losing its position as a storage of value. Thats step 1. Step 2 is when the dollar stops being used as a means of exchange. This will take longer than step 1.

@zatronbuck8633 6 күн бұрын

So would you agree we have about till 2030?

@reshchak 6 күн бұрын

There are too many variables that may change the dollar trajectory. The BRICS, which include some of the most critical economies, will make major announcements in October. I will not be surprised if the fall of dollar excelarates considerably Then there is the orospect if wars and even these may depress dollar specially since US will be on the losing side.

@prolific1518 6 күн бұрын

Means of exchange doesn't matter after storage of value goes. Who would want to exchange and hold something with no value?

@smiffyLevel6 6 күн бұрын

Step 2 already happened when Saudi didn’t renew pricing of oil in USD in early June 24!

@alishakir1940 Күн бұрын

The US dollar was never a store of value. It is a means of exchange. Inflation built in to insure that people don’t hoard it and spend it to keep economic activity necessary to maintain the economy

@TheDeepStank 7 күн бұрын

Michelle is 🔥

@smetzgerful 21 сағат бұрын

She’s a babe……and also talented!

@bradleyozbun1012 6 күн бұрын

💯 for the news.

@spiritofgoldfish 6 күн бұрын

"Industrial policy" and "reshoring" means nothing out of context with the cost of living/cost of labor, with sky high costs for housing, education, and health care.

@oliviaralston1 5 күн бұрын

You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just a few months ago and now they are multimillionaires....

@ramadhanipongela1360 5 күн бұрын

I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..

@Bireshprema 5 күн бұрын

imagine investing in Btcoin earlier.... You could have been a multi millionaire precently

@sarkiali3958 5 күн бұрын

@@Bireshprema You are right. Been thinking of going into gold and cyptocurrency

@EudoraChristanne 5 күн бұрын

Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate

@RuthBailee 5 күн бұрын

You’re right but a lot of people remain poor due to ignorance

@JasonAmir-qo4uo 6 күн бұрын

Has anyone looked into gold ETFs or physical gold investing?

@GibsonJames-gr3on 6 күн бұрын

Both options have pros and cons. ETFs are convenient, but I think physical gold offers more control.

@TheDuke792 6 күн бұрын

physical gold doesn't come with management fees.

@OwenFlex 6 күн бұрын

I think it depends, ETFs are more convenient and offer diversification benefits, are more liquid and easily tradable. And you don't need to worry about storage

@Chaka2479 6 күн бұрын

Bitcoin is Gold 2.0!

@GreedyInvestor 6 күн бұрын

Great content

@barryg1965 7 күн бұрын

The Interest Rate should be about or greater than the Actual Inflation Rate or there's just no sense at all to any QT.Thanks.

@davebellamy4867 7 күн бұрын

Mannarino would say there is no QT. He says the Fed is buying it all through proxies, off balance sheet. I think he's right. Who else is buying those Treasurys?

@reddysteddy2195 6 күн бұрын

@@davebellamy4867correct - hidden QE.

@stanleymaxon 6 күн бұрын

You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

@user-hm5zb1qn6g 6 күн бұрын

I pray that KZfaq figures out how to filter out bitcoinbrah spammers.

@prarthanasharma2413 6 күн бұрын

@@user-hm5zb1qn6g😂 good one

@andrewk4669 6 күн бұрын

I’ve seen this comment EVERYWHERE!!!!!!!

@GingerPeacenik 5 күн бұрын

Scammers

@cheewee1979 5 күн бұрын

To push btc up they need more greedy fools!

@matthewholbrook1265 6 күн бұрын

He doesn't know that the Federal Reserve needs to remove surplus currency from circulation

@aaronhopkins6697 5 күн бұрын

When this happens, Does it mean a bottle of milk and a loaf of bread will cost around $40 ? And a basic wage will be $100,000 a year.

@davebellamy4867 7 күн бұрын

Then dollar index goes to 160, as Euro, yen and pound collapse first!😂🤣

@brianlowe3529 6 күн бұрын

All more reason to dump US dollars . And buy gold .

@YUK7000 6 күн бұрын

@mwilliamson4198 6 күн бұрын

@@brianlowe3529 it's not necessarily a reason if you need a fiat for spending. USD will be the best to own if you have an option at all. But yeah, getting into real assets for the most part is good idea

@tz6516 6 күн бұрын

The market can be irrational longer than you can remain solvent.

@user-ch9pz1uq9v 6 күн бұрын

@@tz6516absolutely. Most people don’t understand this

@JdDd-d7t 6 күн бұрын

Trading, as difficult as it seems is one of the surest ways out there to escape being in debt and broke.

@kelvinjeff3893 6 күн бұрын

Kinda like everyone's trading dz days, gave it a shot recently and it washt funny

@c.richardsmith3437 6 күн бұрын

If a stock is selling for x fed reserve notes aka dollars and the dollar is devalued will the stock price become 2x ? As i see it the values of the stock should not change if its median to est its value changes

@albollinger5431 3 күн бұрын

well said.. 👍🏽

@jimmillward3505 7 күн бұрын

Bitcoin is not, never was, and never will be digital gold. If the SHTF then we will see which assets is still standing and i dont see it being bitcoin.

@mwilliamson4198 6 күн бұрын

you do realise that "digital gold" is a metaphor right.

@wakeupamerica399 6 күн бұрын

EBS

@wadeseth9596 Күн бұрын

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

@DorcasDorcas-bz4oy Күн бұрын

Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.

@floralola398 Күн бұрын

I spread out my $25k portfolio across various markets to diversify my investments.

@ElenaWhite-tw9px Күн бұрын

Expert Naomi is the best

@alrent2992 7 күн бұрын

They can only print so much money. Unless they make more printing machines! There is a limit. And are going in a deficit.

@terririchter2279 6 күн бұрын

no no theres not a limit...no printing ..key strokes....that why in this mess ..fractional banking and key strokes

@Ken-wg4zy 5 күн бұрын

Dollars in reality isn't paper, it's digital on a balance sheet, savings and checking accounts, etc. Still inflationary when you "Magiclly" produce more dollars- Digital or Paper. :(

@sebastianburnaz6760 6 күн бұрын

Brilliant!

@jameskikuoka4863 5 күн бұрын

There have been many people who have said the Dollar would lose 50% of its current value, back to fair value. This would occur in TWO 25% devaluations. Well, since the end of the pandemic, the Dollar has lost 24%. Only 26% more to go😢. Everything ALWAYS revents back to its mean. That includes the Dollar. Buy GOLD

@FrankieJizking-js3yv 6 күн бұрын

The markets says the left one is bigger than the right. Still very nice.

@troywalkertheprogressivean8433 6 күн бұрын

😏

@asiv70 7 күн бұрын

How does that impact real estate

@felixloveseat 6 күн бұрын

thanks

@CherylScottino99 6 күн бұрын

As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Linda Wilburn’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 732k. Kudos to the journey ahead!

@CherylScottino99 6 күн бұрын

@Lindawilburn

@0r00ney 6 күн бұрын

I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.

@seandavis8930 6 күн бұрын

It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals.

@charadreemurr4221 6 күн бұрын

Nice, I was just hodling before I found Wilburn. In my opinion she is the very best out there.

@georgigeorgiev6521 6 күн бұрын

In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Linda’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.

@user-sk8jx4rx7h 6 күн бұрын

I'm here for Michelle ''ASSETS''...!!!...noting else...!!!!

@ishaks8152 6 күн бұрын

Wow.

@jessiemartinfostersr.6067 6 күн бұрын

The us treasury , the silver certificate was with drawn from circulation in 1970 ...

@chadwick634 7 күн бұрын

This on the other hand is a guest worthy young chap. 👌

@theinflationsituation8870 6 күн бұрын

He's sharp! I listen everytime.

@chadwick634 5 күн бұрын

@@theinflationsituation8870 I see! 👌

@jwinwin9215 7 күн бұрын

Bitgarbage will never replace real money aka GOLD/SILVER !!! Bitgarbage is fake also called virtual

@corporatemcmahon2815 7 күн бұрын

Your brain might be garbage. Bitcoin is the new digital gold. It like buying Manhattan. Digital land!

@YourLifejacketFirst 7 күн бұрын

Idk it has it's place. Easy to move internationally..gold isn't

@tayclift5322 6 күн бұрын

@@lexluthor9509BlackRock have basically put that to bed.

@metalheadmaynard2684 6 күн бұрын

Tell me you don't know shit about bitcoin without saying it

@bar8665 6 күн бұрын

@YourLifejacketFirst to change ownership is NOT hard at all. It doesn't have to go anywhere. To change a custodian of the physical does take money and time if that's desired.

@wesleykawakami8563 6 күн бұрын

US wants the dollar to devalue because that's the only way they can pay off their debt. Think of it this way, the US borrows $100 a year ago, now the $100 is only worth $50, so the US debt just got reduced by 50% just because the dollar gets devalued.

@bestprice1776 5 күн бұрын

That is exactly why you need Bitcoin

@Trygveful 2 күн бұрын

Merry me Michelle!

@EdwinBoettcher 6 күн бұрын

Inflation and recession are currently wreaking havoc on America. The worst aspect of this crisis is that consumers are accruing credit card debt. Credit card debt rose 20% in April alone, while interest rates have doubled in a year. Customers are going into debt to purchase basic necessities due to severe inflation. The collapse has undoubtedly begun.

@dudeinthewoods 6 күн бұрын

Look, I love gold as much as the next guy, but we have been bombarded by main stream media telling everyone to get into gold. Does this have something to do with the liquidity issues we will be facing? Yes get into gold, bit not because media tells you to.

@hsingkao2024 6 күн бұрын

Under-capacity of producing valuable commodities cause weak economy.

@user-qd8yg1fp7i 6 күн бұрын

Makes sense.

@DJ-Illuminate 7 күн бұрын

I'm sorry but KENNEDY is also running.

@Dori-cf7wo 6 күн бұрын

And hopefully he is going to win!

@jjrossphd 6 күн бұрын

Excellent point. Without an increase in productivity the debt spiral will only get worse. The Government can't keep just borrowing and spending.

@fatimailao1529 6 күн бұрын

Do you believe when he said usa holds about 260million ouncez of gold? Has there been an audit?

@brianstewart9470 4 күн бұрын

Not in 60yrs...Ft Knox holds only dust and it ain't gold dust I'm referring to😂

@briank2022 6 күн бұрын

Up to 10% of the world’s gold is plated tungsten. Who is going to audit and verify these reserves that central banks are going to put on their balance sheet?

@CathySerena 5 күн бұрын

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.

@MattRivera333 5 күн бұрын

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super

@TimBeglin50 5 күн бұрын

I paid off my $929k 2.625% 15 years loan in 25 months. Started in October 2020 last payment was November 2022. Now totally debt free with 3 paid off rentals. Love having no debt for the last 1.5 years. Thank you Elizabeth Wesley

@AmeliaNguyen414 5 күн бұрын

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

@MagnusHartwin221 5 күн бұрын

I'm new at this, please how can I reach her?

@DoughertyRober 5 күн бұрын

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

@TyB.-to3ek 4 күн бұрын

GOOOOLD!!!!

@SeanEustace-zk3mc 6 күн бұрын

Oil is harder to store, but why not just store copper? plumbers do this all the time so do electricians.

@theinflationsituation8870 6 күн бұрын

Luuuuke!!!

@Annie-wf4um 6 күн бұрын

Us lost the reserve currency!!

@DKK 6 күн бұрын

When’s that happening? 😂

@nichill7474 5 күн бұрын

You meant the petro dollar? When Saudi Arabia decided recently to accept other currencies for oil, the power of the petro dollar began to cease but its not done yet. As far as a reserve currency, the US could just pick something else as its reserve but who knows if they will actually do it. It’s possible that the US is trying to find a crypto option / data driven reserve.

@sonisandipkumar 6 күн бұрын

Great resat

@user-wj9ld9vm6y 6 күн бұрын

I’m not sure about your bitcoin thesis.. you describe bitcoin the way they use to describe the fiat dollar and we see where that went…I’m 68 my memory is pretty good on this!!

@patrickc113 6 күн бұрын

It will also cause maximum inflation for sure. So that they can devalue the debt.

@Baumfarm 6 күн бұрын

The Brics will go to a gold backed currency then there is no use for Fiat treasuries. There will no trade fiat for Gold. Bitcoin is another fiat and will go down with the dollar. Gold must go must higher to become a reserve asset to balance world wealth and trade requirement. i think gold has to go 10x and above.

@user-xg6yc8ho3w 6 күн бұрын

You know nothing about Bitcoin to label it as another fiat.

@ishaks8152 6 күн бұрын

It's not fiat but fake.

@brianstewart9470 4 күн бұрын

Bitcoin has been proven to be a PONZI scheme and that's FACTS💯

@156154484651 4 күн бұрын

@@ishaks8152 Please, explain how it is fake?

@popo24ize 6 күн бұрын

17:20 gold 3x btc 6 x...why btc outperform

@jeffs.8970 6 күн бұрын

I thought that as of January 1, 2025 that central banks will be allowed to hold up to 2% of their reserves and bitcoin ?

@tjacobs411 3 күн бұрын

MIchelle is always looking fantastic!

@AngelEyes-xm7el 5 күн бұрын

We do not have full employment. Unless working 2 part time jobs is considered full time.

@LM67559 6 күн бұрын

Michelle is such a gem, great looking and good talent

@stay-informed5258 3 күн бұрын

Besides China is selling 50B US treasury bond, Japan has sold 61B US treasury bond in Q1 this year...

@josephdeutsch 6 күн бұрын

14:29 someone please explain this energy-link argument. You've proven you can burn up some natural resources to solve a math problem, so... The energy isn't transferable. In essence this argument makes Bitcoin an inverse energy derivative. If the cost of energy goes up, it becomes more economically nonviable to mine or use.

@siripornatsawathanaphaisan789 4 күн бұрын

I hope gold will go up a lot higher, thanks so much 😂😂😂😂🎉🎉🎉

@MiroPribanic 6 күн бұрын

Luke, thanks for pointing out to your viewers who is to blame for the - in your words - "subdued gold price....

@AmyPorterfield11 5 күн бұрын

The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. It is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into it.. My two cents.

@johncarter9054 3 күн бұрын

B C is still fiat digital based on a fiat dollar. No securety there. Physical Gold and Silver are the only real money to base a currency on.

@kylebrooks4147 4 күн бұрын

Wrong. Bitcoin is not a store of value. It is a speculation play.

@nap41hb67 6 күн бұрын

Tons of over printed US dollars worth less and less!!!!

@user-rz6cy3op5r 6 күн бұрын

It's too early to speculate Be careful who you follow

@nicholas296 6 күн бұрын

This dude gets it

@pvajit1109 2 күн бұрын

USD devaluation will make prices of gold skyrocket. USD is over valued right now. The basket of freely traded currencies pegged to the Dollar should also be corrected in value.

@manmm8947 6 күн бұрын

nice

@vintageexcellence 6 күн бұрын

9:39 so will gold go up 19x or will bitcoin 🤔

@GameCatenstein 6 күн бұрын

The fact that you're asking, means you should sell your Bitcoin. I own gold because I am convinced that in 10 years, I will be able to use it to make my life better. 5000 years of evidence to support that. People own Bitcoin to make more monopoly money. Bitcoin has the same value as a roulette wheel; a means to make federal reserve notes quickly. Or, lose them quickly.

@vintageexcellence 6 күн бұрын

@@GameCatenstein you sound like someone who’s investment hasn’t kept up with inflation and needs a 19x return to be where he wants to be. Blackrock put $10bil into a roulette wheel? A $1.5tril wheel. Sounds like you could use some more research, watch some Michael Sailor vids.

@directedby100 4 күн бұрын

Mostly a compelling thesis, that gold becomes the leading asset used by central banks. Gold will rise a minimum of 3 to 6 times current value (usd 7,000 to 15,000). Time frame? 2030 ...

@julians472 5 күн бұрын

BIS has already made gold a Tier1 asset! Interesting how they implement their new wholesale CBDC? Or the IMF come in with their SDR?

@SlotHits777 3 күн бұрын

they can literally just make a handful of new 5T denominated platinum coins and magically pay off debt and its perfectly legal

@rickengle7208 7 күн бұрын

To those saying, "I dont understand why anyone would want gold." Try this, go buy however much you can afford. Take it out of its package and hold it in your hand. Then youll get it. Humans intrinsically value gold. We can make up a ton of reasons why but they are all an attempt to explain something we xant really explain. Humans WANT gold. That gold is worth more than the money you paid.

@1aatlas 6 күн бұрын

In a situation where gold where will be needed, food will be needed more, Can u eat gold?

@Khadija39952 6 күн бұрын

@@1aatlasYou can either give gold to buy food or buy land that produces food.

@webrunner2407 6 күн бұрын

People loved gold because of the hype. It is an outdated asset. Try and let it go. Try collecting 100 year old '30 year old' Chivas Regal liquor in an unopened bottle. Screw gold. It's a dead commodity. If the Stuff Hits The Fan, and there is no more food, housing, electricity, potable water etc. Just eat your gold...

@reddysteddy2195 6 күн бұрын

Unlike USD, there's a high likelihood gold will be worth more tomorrow than it is today. Inflationary macroeconomics is destroying us, deflationary is better - increasing purchasing power (not decreasing), incentive to save for the future/retirement, tendency to not rely on debt, etc.

@betod3113 6 күн бұрын

@@1aatlasu could trade fractional gold and silver for goods with others or anyone food,water, led etc think about it!!!!

@haider1950 6 күн бұрын

Everybody is no better financially.

@luckyskivvy6077 6 күн бұрын

Buy and Hold. I listened stock trader re-tell a story of how his family went from working class to affluent. His family was a taxi driver. His father had a special client. A gold trader. At the time gold traded at $35/ounce. The trader advised Oliver's father to buy gold because the price was manipulated. Eventually gold repriced by 10x. 1955-1967 (12 years): $35/ounce. 1968: Gold increases. 1971: US is off gold standard. 1979: $306/ounce. 2024: $2300/ounce (7x).

@Dori-cf7wo 6 күн бұрын

Gold prices aren’t even keeping up with inflation today.

@luckyskivvy6077 6 күн бұрын

@@Dori-cf7wo Did you listen to the video? He said gold will have to be repriced by at least 3x ($6,900) and up to 19x ($43,700) based on today's spot price. Other experts have said gold is being artifically keep low as to keep the dollar strong. That's why gold hasn't kept up with inflation.

@Dori-cf7wo 6 күн бұрын

@@luckyskivvy6077 then the paper hands will destroy the price. Gold is highly manipulated. If they don’t shut down the futures market nothing will change. Yeah, I heard it. I just don’t think it makes any sense to go backwards, digging dinosaur bones out of the ground, on the backs of slave laborers, when turning off the printers would do.