I send my granddaughter 2-3 ounces of silver each month. I also send her one gram of gold each month. Her mom, my daughter, told me "If you keep sending my daughter silver/gold each month, she will be richer than me soon." Last Christmas we sent her a money finance kit to learn how to count and save money. Yes, she is young but is learning with the help of her mother. During our last phone call, she told me, "Grampa. Keep sending me silver."
Utterly outstanding! MvP packs so much information into every interview, and he makes it easy to understand. No FUD, no theatrics, no hair on fire. He just strips away all the fluff and gets straight to the point.
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through.
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1.3m retirement goal after subsequent investments.
I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
I just looked this lady up out of curiosity and found her web page easily. Read through her qualifications, which were all very impressive. So I scheduled a call with her.
Probably the very best narrative I've heard on why gold is a bastard step child. Ignore this explanation at your own peril. Probably the best interview you have ever done Tom. Well done! Top shelf!
We all know something has to give. We can all feel something changing. Don't be on the wrong side of history. Make sure you do what little you can to be prepared.
As I see it, what really matters is the standard of living, and nobody can honestly say that on average the standard of living is rising! My grand parents imigrated from Europe to Perú before world war one. They imported hardware from Europe and owned a hardware store in Lima. They lived modestly for the time, but ate at Home for lunch every day, their house had Marble floors, their furniture was oak and cedar, their cloth was cotton and silk. They drunk tap water, ate organic fresh foods everyday, had no mortgage, no insurance, no money, and best of all, they had no debt and all the time in the world for themselves! Today millionares dont live that good, even billionares live in apartments, buy their drinking water, eat sandwiches at the office for lunch, and need vacations often enough to compensate for their work load. I dread thinking of how will my grand children live!!
Gold is money … everything else is credit. Gold is not man made … it’s incorruptible … everything else is … including Bitcoin … because it’s man made!!
"Those who have collateral shall be paid." Sign hanging in the office of my mentor who taught me asset based lending. The caveat is "don't let the money out of the door until you KNOW how it is coming back in."
I'm so glad you asked him to explain the comment on gold being deliberately misunderstood. I haven't heard Matt say that before. I was going to be pissed off if you didn't come back to it. Lol Good job, Tom!
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Rose Strayer.
I'm surprised that you just mentioned Natalie Strayer 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.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
Thanks amazing, rewatched three times? Next time you question him if I can ask a question. What are soft assets he recommends for younger people or people with disadvantage in accumulating hard assets, example languages (Russian debt to gdp looks good + brics) or skills(ai + blockchain development skills after the crash) etc?
Extremely well spoken and explained. As a novice in investing and having a lump sum given in an inheritance just recently it is hard to go against the masses in this FOMO mega bubble and choose to avoid risk assests as i dont feel i could step out before the top. 08 crash was as obvious as this one, and everyone said who could have known? I always scratched my head thinking it was as plain as could be. Devalued money is the only financial option for the dollar. Why buy equities that are insanely overvalued now? But will gold tank short term when the bubble pops before it shoots higher after fed prints or will it stay high and just keep going. Id rather get as many ounces as possible but dont want to miss the window before the masses realize equities are in the toilet. Hmmm.
If you want to sit things out buy gold. If you want to make crazy high-risk high-reward plays... a lot of chaos is coming in the next 24 months. Best of luck to you.
@@deseosuhoI'm not smart enough to trade this chaos coming. I'd rather preserve in Gold and miss $ on shorting and timing. It will hurt to watch the masses get wiped out and broke in their older years. No home, can't pay real estate taxes, can't afford food and too old to earn income.
For me, the major concern is the high probability for WWIII. I'm not sure the US dollar will survive, and certainly, all our "investments" may become ashes in the ruins of our homes, brokerage accounts, real estate syndications, bonds, oil companies, and our precious gold.
My whole life I've watched the dollar go down the toilet. My first burger job in 1971 paid $1.65 and hour but then a candy bar was a dime. Now it's what? Don't know cuz I can't afford them anymore.
One thing Matt doesnt mention on debased curreny purchasing power is; The increase you make on your investment is taxable! So your purchasing power has decreased but because you have made more paper money it's seen as a taxable gain.
If the data shows that before the pandemic 18% of global trades were settled in US dollars and that increased to 36% of global trades, isn't that evidence that the dollar has devalued by 50%, hence the inflation experienced since 2020, due to the massive expansion of the supply of currency. ???
Ahh you've gone to the finest schools, alright Miss Lonely But you know you only used to get juiced in it Nobody's ever taught you how to live out on the street And now you're gonna have to get used to it
one thing to challenge matts view, the US govt cud be saying no more recessions from here because they possibly are saying this is the end game for the US and we know it so just enjoy it.
Our economy could be fixed if all states would legalize Marijuana and take 50% or more of the taxes and apply that to the national debt plus, remove the spenders from the administration as well as significant reductions in the military budget, close bases all over the planet and bring industry back. That is a solution for us.
The best thing to do is get rid of the government that we have now. They are the ones sending trillions to Ukraine,supposedly, to a war that is a no nothing. These politicians are dipping into the budget and helping themselves taking our money. The states need to secede from the Union and govern themselves.
I always like listening to Matt, but my concern with Gold is that if they do another major money print, as he claims they will, Gold just goes up in devalued dollars too. Add capital gains to it when you try to sell it, you get a double hit. I think it's great to own some, but those times where gold really outperforms, and behaves like a speculation, are very rare time, blood in the streets type of scenario. At times like this, there are probably many other big concerns to deal with. Factor in all the BS that the governments can do to F with the markets, or make it difficult to sell gold....Jeez, I don't know. Gold is a safe place to be but it's no panacea. You need other assets too, as he acknowledges.
While what he states about saving in gold and spending usd sounds great, what does he propose us do when in a couple years usd doesn't buy any amount of gold?
Why can't we get people like this in politics around the world? Change the school system to teach kids about money as the KEY subject because you spend your entire time on the planet chasing this crap, unless born into, in which case you're taught at home anyways.
Politics are simply actors and puppets for those who own and control the country as an unknown oligarchy. Schools are a place to guide the young in the population into being the best servants for the oligarchs. So the answer is because these people would never serve the oligarchs if they understood what was going on and they could not buy or control those that understand the system. Can't trick someone that knows the trick.
If you're playing the infinite game, then you're stacking the chips on your side of the table. So, when the winning hand finally flops, it won't make much difference in your status, because you won the game a long time ago.
The reason you don't use gold to buy things generally is because it will be worth a lot more in a year or 2, so you hang onto whilst it accumulates in value, the gold i bought in 2020 is worth maybe 25-33% more now, thereabouts, i knew nothing about gold but i knew i had to get my $ out of my superannuation fund, when the medical scam happened, i am a conspiracy realist and proud of it!🎉🎉🎉
No, gold did not outperform S&P 500. It shouldn't. Gold certainly outperforms USD, as it should because gold is anti-inflationary. But gold is nonproductive. In the long term, gold shouldn't outperform technology which is productive. Gold is therefore an insurance, not an investment in long-term. However, in a manipulated and distorted market like today's, gold can be a great investment for the near term or midterm. This is because of the timing, not because of its fundamental nature.
We can save all we can, invest in metals all we can afford, but for those lucky enough to even have a pension there's not a dang thing we can do to limit risk to that. Same is true of SS. Also, anybody not wanting to save in dollars in their brokerage accounts buying phys, pslv, gdx, miners, whatever - a huge correction will take those down with them as folks sell to cover their margin calls. Fair value might be determined after a bottom but not right now. We are strapped to the tracks and the train is arriving.
I think what's gonna vaporize are the govt pensions people are counting on. First the gold plated public sector pensions and then SS itself which is a Ponzi scheme. The banksters cleaned out the trough from 2008 onwards and it is now bare.
I really like Matt. He just made the ultimate pitch for Bitcoin. I'm bewildered how he hardly mentioned it. I have been going down the Bitcoin rabbit hole recently, and all I could think about was Bitcoin as he spoke. I'm a gold bug, too, but Bitcoin is finite, more easily portable, and seems to be a superior asset in the more high-tech world we are entering into.
For all the condescending comments from Matt, he seems to confuse US dollars and US Treasuries repeatedly. Isn't that like finance 101? If Treasuries (debt) lose value (e.g. when "foreigners dump them"), dollars GAIN value (vs other currencies i.e. DXY). That's because US interest rates go up in that scenario. Inflation is a totally separate matter.
Love Matt. Every time I hear him, I am energized and depressed. It's odd but true. Buy gold when you can.
I love a guy who gets to the point quickly like Matthew Pipenburg does, and the way he explained things. Excellent job!!!!!
Matthew is so coherent and clear in his assessment in a way others seem to struggle to match. Thanks for this interview.
I send my granddaughter 2-3 ounces of silver each month. I also send her one gram of gold each month. Her mom, my daughter, told me "If you keep sending my daughter silver/gold each month, she will be richer than me soon." Last Christmas we sent her a money finance kit to learn how to count and save money. Yes, she is young but is learning with the help of her mother. During our last phone call, she told me, "Grampa. Keep sending me silver."
Utterly outstanding! MvP packs so much information into every interview, and he makes it easy to understand. No FUD, no theatrics, no hair on fire. He just strips away all the fluff and gets straight to the point.
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through.
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1.3m retirement goal after subsequent investments.
@@williamDonaldson432 Could you kindly elaborate on the advisor's background and qualifications?
I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
I just looked this lady up out of curiosity and found her web page easily. Read through her qualifications, which were all very impressive. So I scheduled a call with her.
Probably the very best narrative I've heard on why gold is a bastard step child. Ignore this explanation at your own peril. Probably the best interview you have ever done Tom. Well done! Top shelf!
Thanks guys. Excellent discussion 👌
Superb interview…I’ve listened to the Pip for quite a while now, but have never heard him lay it out like this.
Matt's is always great guest ... thanks for bringing him on💯👍🙌
one of my favorites. Thanks for having Matthew on.
Thank you for the podcast and content! Great conversation
We all know something has to give. We can all feel something changing. Don't be on the wrong side of history. Make sure you do what little you can to be prepared.
Gold is going to give...
Too many gold bugs.
@@mtrest4BS!
As I see it, what really matters is the standard of living, and nobody can honestly say that on average the standard of living is rising! My grand parents imigrated from Europe to Perú before world war one. They imported hardware from Europe and owned a hardware store in Lima. They lived modestly for the time, but ate at Home for lunch every day, their house had Marble floors, their furniture was oak and cedar, their cloth was cotton and silk. They drunk tap water, ate organic fresh foods everyday, had no mortgage, no insurance, no money, and best of all, they had no debt and all the time in the world for themselves!
Today millionares dont live that good, even billionares live in apartments, buy their drinking water, eat sandwiches at the office for lunch, and need vacations often enough to compensate for their work load. I dread thinking of how will my grand children live!!
Excellent like always Tom thank you mate!
Excellent guest thank you Tom!
Top marks Gents
Much appreciated 👍
Thanks Tom
Great information. Thank you both for all your efforts 🙏
This interview was gold 🎉
Gold is money … everything else is credit. Gold is not man made … it’s incorruptible … everything else is … including Bitcoin … because it’s man made!!
"Those who have collateral shall be paid." Sign hanging in the office of my mentor who taught me asset based lending. The caveat is "don't let the money out of the door until you KNOW how it is coming back in."
I'm so glad you asked him to explain the comment on gold being deliberately misunderstood. I haven't heard Matt say that before. I was going to be pissed off if you didn't come back to it. Lol Good job, Tom!
Sobering
Thank you, MP, for sharing your thoughts with us all. God bless.
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Rose Strayer.
I'm surprised that you just mentioned Natalie Strayer 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.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
Glory to God shalom.
Also post WWII, there was no SS, no Medicaire, little welfare if any. There were few entitlements. Military spending was reduced heavily. 14:54
I've been hearing this song and dance for decades.
Guess you are ok with your money being worth 25% less than it was 2 years ago.
At 36:10, Matthew lays out the best example I've seen of gold as a store of value. That example should make sense to everyone.
Great stuff, thanks again!
I'm really interested to see what happens around September and October.
Red October
Thanks amazing, rewatched three times? Next time you question him if I can ask a question.
What are soft assets he recommends for younger people or people with disadvantage in accumulating hard assets, example languages (Russian debt to gdp looks good + brics) or skills(ai + blockchain development skills after the crash) etc?
Clear and concise, thank you Gentlemen
Probably Pipenburg’s best observations yet
Great conversation today, thanks
Extremely well spoken and explained. As a novice in investing and having a lump sum given in an inheritance just recently it is hard to go against the masses in this FOMO mega bubble and choose to avoid risk assests as i dont feel i could step out before the top. 08 crash was as obvious as this one, and everyone said who could have known? I always scratched my head thinking it was as plain as could be. Devalued money is the only financial option for the dollar. Why buy equities that are insanely overvalued now? But will gold tank short term when the bubble pops before it shoots higher after fed prints or will it stay high and just keep going. Id rather get as many ounces as possible but dont want to miss the window before the masses realize equities are in the toilet. Hmmm.
I'm not exactly sure what Matt is saying, but I think he is saying to buy gold...did I get that right lol
If you want to sit things out buy gold. If you want to make crazy high-risk high-reward plays... a lot of chaos is coming in the next 24 months. Best of luck to you.
@@deseosuhoI'm not smart enough to trade this chaos coming. I'd rather preserve in Gold and miss $ on shorting and timing. It will hurt to watch the masses get wiped out and broke in their older years. No home, can't pay real estate taxes, can't afford food and too old to earn income.
Great interview. Thank you for your knowledge.
I respect Matthew bevause he is honest man and speaks the truth. It is bery rear these days.
Piepenburg is super sharp !
For me, the major concern is the high probability for WWIII. I'm not sure the US dollar will survive, and certainly, all our "investments" may become ashes in the ruins of our homes, brokerage accounts, real estate syndications, bonds, oil companies, and our precious gold.
US is best prepared for WW3 among all nations.
The other side will be in a heap of trouble.
He is awesome 👏
Matt you rule. Only thing better 1 gold oz is 2.
great guest ty
Outstanding interview, thanks guys!!
I always appreciate Mathew apiepenberg
Thumbs 👍👍👍👍👍👍👍😺😺
Great interview
My whole life I've watched the dollar go down the toilet. My first burger job in 1971 paid $1.65 and hour but then a candy bar was a dime. Now it's what? Don't know cuz I can't afford them anymore.
Wow..smart man
Which movie he’s mentioned here can anyone help
Mid class broke. 10yr chillin.. risk on. Rich going 2.0. No official recession. App gigs #1 job.
One thing Matt doesnt mention on debased curreny purchasing power is; The increase you make on your investment is taxable! So your purchasing power has decreased but because you have made more paper money it's seen as a taxable gain.
If the data shows that before the pandemic 18% of global trades were settled in US dollars and that increased to 36% of global trades, isn't that evidence that the dollar has devalued by 50%, hence the inflation experienced since 2020, due to the massive expansion of the supply of currency. ???
And that's same scenario in every Western country!!
Why Gold wouldn't be the only thing that you put into your portfolio ?? I do !! I own my weight in Gold !!
Every❤knee will bow and every tongue confess that Jesus Christ is Lord❤
Conditions to make dollars reserve currency disappear step by step. It takes time but it will end dollar current form
Well said all of it.
Ahh you've gone to the finest schools, alright Miss Lonely
But you know you only used to get juiced in it
Nobody's ever taught you how to live out on the street
And now you're gonna have to get used to it
Avg home price in 1920 was $3,500….but it wasnt the same house as we get today.
Money was gold back then fixed at $20 per ounce or so.
In today's terms:
3500 / 20 = 175
175 * 2200 = §385,000
@@mtrest4 home prices wouldn't have inflated on the gold standard
Excellent!
What’s meant by “family offices”?
one thing to challenge matts view, the US govt cud be saying no more recessions from here because they possibly are saying this is the end game for the US and we know it so just enjoy it.
🙏🙏🙏
Our economy could be fixed if all states would legalize Marijuana and take 50% or more of the taxes and apply that to the national debt plus, remove the spenders from the administration as well as significant reductions in the military budget, close bases all over the planet and bring industry back. That is a solution for us.
The best thing to do is get rid of the government that we have now. They are the ones sending trillions to Ukraine,supposedly, to a war that is a no nothing. These politicians are dipping into the budget and helping themselves taking our money. The states need to secede from the Union and govern themselves.
I always like listening to Matt, but my concern with Gold is that if they do another major money print, as he claims they will, Gold just goes up in devalued dollars too. Add capital gains to it when you try to sell it, you get a double hit. I think it's great to own some, but those times where gold really outperforms, and behaves like a speculation, are very rare time, blood in the streets type of scenario. At times like this, there are probably many other big concerns to deal with. Factor in all the BS that the governments can do to F with the markets, or make it difficult to sell gold....Jeez, I don't know. Gold is a safe place to be but it's no panacea. You need other assets too, as he acknowledges.
Exceptional ❤
While what he states about saving in gold and spending usd sounds great, what does he propose us do when in a couple years usd doesn't buy any amount of gold?
Why can't we get people like this in politics around the world?
Change the school system to teach kids about money as the KEY subject because you spend your entire time on the planet chasing this crap, unless born into, in which case you're taught at home anyways.
Politics are simply actors and puppets for those who own and control the country as an unknown oligarchy. Schools are a place to guide the young in the population into being the best servants for the oligarchs.
So the answer is because these people would never serve the oligarchs if they understood what was going on and they could not buy or control those that understand the system. Can't trick someone that knows the trick.
If you're playing the infinite game, then you're stacking the chips on your side of the table. So, when the winning hand finally flops, it won't make much difference in your status, because you won the game a long time ago.
Too many
gold bugs 🪲
No gold bears 🐻
Is gold in a bubble 💭
No the bubble is not global, but in the G7 western world.
This is gonna B Good Johnny.
How about Silver what do you think about that
The dollar wont die, just like the zimbabwe Dollar or the Argentna Dollar hasnt died. That doesnt prevent it from losing a tremendous amount of value.
10/10 !!!
The reason you don't use gold to buy things generally is because it will be worth a lot more in a year or 2, so you hang onto whilst it accumulates in value, the gold i bought in 2020 is worth maybe 25-33% more now, thereabouts, i knew nothing about gold but i knew i had to get my $ out of my superannuation fund, when the medical scam happened, i am a conspiracy realist and proud of it!🎉🎉🎉
bitcoin is still in primary school. Imagine leaving your savings with a kid
Every bubble has been the last bubble since the 80's
Trust? Come On Man!
What if the USA continues to de-industralize.
I've got high heeled credit. 😅
A real goldbug. :)
No, gold did not outperform S&P 500. It shouldn't. Gold certainly outperforms USD, as it should because gold is anti-inflationary. But gold is nonproductive. In the long term, gold shouldn't outperform technology which is productive. Gold is therefore an insurance, not an investment in long-term. However, in a manipulated and distorted market like today's, gold can be a great investment for the near term or midterm. This is because of the timing, not because of its fundamental nature.
We can save all we can, invest in metals all we can afford, but for those lucky enough to even have a pension there's not a dang thing we can do to limit risk to that. Same is true of SS.
Also, anybody not wanting to save in dollars in their brokerage accounts buying phys, pslv, gdx, miners, whatever - a huge correction will take those down with them as folks sell to cover their margin calls. Fair value might be determined after a bottom but not right now.
We are strapped to the tracks and the train is arriving.
I think what's gonna vaporize are the govt pensions people are counting on.
First the gold plated public sector pensions and then SS itself which is a Ponzi scheme.
The banksters cleaned out the trough from 2008 onwards and it is now bare.
Five Star Content ☆☆☆☆☆
Selling gold gives you capital gains
How do you talk your book by not talking your book....? 😊
Why would you save because they lay off . for a rainy day. Yes a slave wait till the population figure it out
spx increased more than gold from 1950 to present!
Wasn't gold fixed price before the dollar was taken off gold standard in 70s?
Dont wanna listen the whole stuff - what is his gold target - thank you!
I really like Matt. He just made the ultimate pitch for Bitcoin. I'm bewildered how he hardly mentioned it. I have been going down the Bitcoin rabbit hole recently, and all I could think about was Bitcoin as he spoke. I'm a gold bug, too, but Bitcoin is finite, more easily portable, and seems to be a superior asset in the more high-tech world we are entering into.
For all the condescending comments from Matt, he seems to confuse US dollars and US Treasuries repeatedly. Isn't that like finance 101? If Treasuries (debt) lose value (e.g. when "foreigners dump them"), dollars GAIN value (vs other currencies i.e. DXY). That's because US interest rates go up in that scenario. Inflation is a totally separate matter.
Selling fear
It’s not fear, it’s basic math.
Very basic analysis.
Yet no one understands it.