'Emergency' Fed rate cut by June, only 6 U.S. banks will be left by 2025 paving way for CBDC - Dowd

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  • Опубліковано 27 лип 2024
  • Edward Dowd, Founder of Phinance Technologies and former BlackRock fund manager, and Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, discuss the Federal Reserve's latest rate hikes, and why Dowd thinks Fed Chair Powell will be "forced" to cut rates by June of 2023, leading to a "controlled implosion" of the banking sector. Dowd forecasts that as banks consolidate, only 6 major banks will be left standing by 2025, paving the way for Central Bank Digital Currencies (CBDCs), digital fiat tokens issued and controlled by central banks. This, Dowd claims, could lead to "total government control" and a potentially dystopian future .
    Dowd also sees the dollar losing its dominance on the world stage with a "kinetic war" breaking out as the BRICS countries launch their own reserve currency.
    0:00 - Fed outlook
    9:56 - Inflection point
    12:00 - Banking crisis
    16:02 - Six banks left standing
    18:17 - Central bank digital currencies
    23:14 - Resisting CBDCs
    26:39 - Hidden agendas
    28:12 - New monetary system
    31:11 - U.S. Dollar dominance
    33:30 - De-dollarization and war
    37:10 - Investment implications
    39:00 - Civil unrest
    40:48 - New book and report
    #banking #federalreserve #money
    __________________________________________________________________
    Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
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КОМЕНТАРІ • 3,6 тис.

  • @naroddyzmow5356
    @naroddyzmow5356 Рік тому +129

    Government of criminals.

  • @freegatemy
    @freegatemy Рік тому +589

    now you know why this guy left blackrock, he is too honest

    • @andrewquinn6634
      @andrewquinn6634 Рік тому +35

      Exactly

    • @drooyrich1279
      @drooyrich1279 Рік тому

      Blackrock is a jewish run organization .. friends of Epstein ..

    • @maicolx7776
      @maicolx7776 Рік тому +15

      Or is he....?

    • @monicamontano7343
      @monicamontano7343 Рік тому

      @@maicolx7776 , yes, I believe he is!! Follow him on GETTR. He’s awesome!

    • @craigslist7437
      @craigslist7437 Рік тому +11

      I bet he is wrong. I'll be back in 1.5 years when we have far far far more than 6 banks

  • @andrewchandler0
    @andrewchandler0 Рік тому +892

    Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

    • @Tomtownsend485
      @Tomtownsend485 Рік тому +1

      My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

    • @robertosaviano215
      @robertosaviano215 Рік тому +1

      The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

    • @Zanrowe795
      @Zanrowe795 Рік тому +1

      Had a good run during my first year in the fin-market, I assumed I had a hang on it. However, things changed during the pandemic, and I needed to diversify into safe assets, so I approached a coach who devised a structure that matched my annual goal of 200k

    • @elliot985
      @elliot985 Рік тому +1

      @@Zanrowe795 Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @Zanrowe795
      @Zanrowe795 Рік тому

      @@elliot985 My advisor is ‘’Laura Marie Ray’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

  • @AIRJAMMER88
    @AIRJAMMER88 Рік тому +15

    My dad passed away in June 2022 stroke liver failure. He had received the 3 jabs.

  • @flicndills123
    @flicndills123 Рік тому +206

    I’ll say it for him. ITS A PLAN

    • @Nick-18
      @Nick-18 Рік тому

      Been a plan that kickstarted in 2019
      "4th industrial revolution" will step in and save the day

    • @irenemcguire7937
      @irenemcguire7937 Рік тому +31

      That's correct! Everything is going just the way it was planned to go!

    • @wiskyd
      @wiskyd Рік тому

      All planned starting with c19, they screwed up in 2008 and we are still paying for it no way out

    • @TheGLORIOUS-GOSPELof-CHRIST
      @TheGLORIOUS-GOSPELof-CHRIST Рік тому +2

      Indeed. BUT, God has a plan as well. 😉😊

  • @revrup
    @revrup Рік тому +118

    Courageous, caring, plain speaking man.
    Great questions from Michelle.

  • @sherburck
    @sherburck Рік тому +155

    In the 90’s I worked for a Wells Fargo bank where the Kiplinger Report was passed around, I remember one article which stated by the year 2020 cash would be obsolete and everything would be digital and personal accounts would be charged fees like business accounts…for every debit and credit. They also said there would be a consolidation to 5 world banks, of which Wells Fargo would be one. Others mentioned at that time were BOA, US BANK and JP Morgan CHASE. At that time 2020 seemed so far away.

    • @shirleyharris8450
      @shirleyharris8450 Рік тому +27

      WOW! WOULD THE 6TH BANK BE THE MARK OF RHE BEAST?

    • @poopiedoable
      @poopiedoable Рік тому

      Hi I. Uvihjj😅

    • @sweetcapricorn
      @sweetcapricorn Рік тому +1

      Wow 😢

    • @mst7897
      @mst7897 Рік тому +9

      26 minutes into video, he mentioned about people using cash... Workers should also feel comfortable about being able to receive physical checks as well.

    • @scottmccutcheon9828
      @scottmccutcheon9828 Рік тому +2

      @s burk GREETINGS!
      Wasn't it on the wall directly behind the receptionists' desk at "Cantor Fitzgerald" in their world headquarters office inside of one of the Twin Towers emblazoned "We Look Forward To The Day of A Cashless Society" ?

  • @billurban3940
    @billurban3940 Рік тому +47

    I imagine a one world money system leds to one world leader

    • @sashalu13
      @sashalu13 Рік тому

      Omg.....the orange loud mouth.

    • @sophirichmanfletcher4657
      @sophirichmanfletcher4657 Рік тому +3

      If not Klaus Schwab, the Pope...or both. (Church and state, like the Dark Ages). History repeats itself. Read Matthew 24. 🙏

    • @maryarnez3730
      @maryarnez3730 Рік тому +1

      Book of Revelation

    • @sgt.mayhem9737
      @sgt.mayhem9737 Рік тому +1

      Book of Revelation

    • @debbiemahoney2070
      @debbiemahoney2070 Рік тому +4

      The AntiChrist rises out of this system.

  • @patrickpellerin3384
    @patrickpellerin3384 Рік тому +609

    CBDC = S L A V E R Y

    • @trevormitchell9438
      @trevormitchell9438 Рік тому

      Think about this, they've already programmed the idea in most people's heads that 'CBD' is good for you. Making it easier to sell when they're ready to push it.

    • @andrewquinn6634
      @andrewquinn6634 Рік тому +24

      Exactly

    • @BaldFury1
      @BaldFury1 Рік тому +21

      CBDC + EMP = 0 Debt + 0 Value

    • @peterwilson9327
      @peterwilson9327 Рік тому +8

      Beware of
      The Powell Jowl

    • @zubinwarden7888
      @zubinwarden7888 Рік тому +5

      PM & Crypto’s is our salvation

  • @daveycrocket1306
    @daveycrocket1306 Рік тому +164

    Sad , depressing times. How man has ruined the world with greed , corruption and violence. 🙏🙏🙏🙏

    • @tubewayarmy2
      @tubewayarmy2 Рік тому +9

      The animals are going to suffer the worst, and they won't know why.

    • @1991windsor
      @1991windsor Рік тому

      Yes, it's very sad that our country's leaders (and most world leaders) are nothing but a bunch of malignant narcissists.

    • @j.gan.2801
      @j.gan.2801 Рік тому

      Yes and do not forget the Nazis running the WEF and their attempts at killing us all with gain of function research and a whole industry now dedicated to bio-genetic warfare, on We The People. Down with the the Fed, the WEF, the Big Pharma-Medico-Injection complex and down with the perma-warfare deep state MF'ers ! Rip their systems now! Start with "biden crime family"

    • @opheliaelesse
      @opheliaelesse Рік тому

      ​@@tubewayarmy2
      the animals have always suffered the most. go vegan, all else is a crime.

    • @jerrymoore838
      @jerrymoore838 Рік тому +5

      How some men and women ruin things. Lots of us live frugally

  • @bsetdays6784
    @bsetdays6784 Рік тому +1249

    It is unlikely that the market will experience big gains anytime soon in light of the latest developments involving SVB, therefore it is prudent to set reasonable expectations and get ready for a potentially protracted recovery period. It is advised to postpone making big investment decisions until the economic climate in areas of concern has stabilized. It is best to take precautions and stay out of the current disturbance.

    • @kaylawood9053
      @kaylawood9053 Рік тому +5

      The SVB situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor

    • @selenajack2036
      @selenajack2036 Рік тому +3

      I have learned to not trust corporations. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor, and it has been paying off, and I'm never going back to banks full time.

    • @adenmall7596
      @adenmall7596 Рік тому +3

      sounds really interesting. I've been thinking of pulling out my money too. Could you recommend who your advisor is? I could really use some help.

    • @selenajack2036
      @selenajack2036 Рік тому +1

      credits to Eleanor Annette Eckhaus, one of the best portfolio manager;s out there. she;s well known, you should look her up.

    • @brandywhite9317
      @brandywhite9317 Рік тому +1

      Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.

  • @RetiredPilot
    @RetiredPilot Рік тому +14

    I have been a perfectly healthy person all my life, since getting my booster, my health has gone down hill and I recently had a stroke and now have heart issues. As Canadians we had these shots in order to travel, now our health prevents from Traveling.

    • @ChrisWhite-et3xb
      @ChrisWhite-et3xb 2 місяці тому

      Very clever and sad systematic downfall perpetuated by those who want or are in control of the world thru satan. This had been predicted for over 2,000 years. No further prophecies have to be fulfilled before the Lord returns. We all need to get right with Jesus if we have any hope.

    • @taroman7100
      @taroman7100 2 місяці тому +1

      I hope you are doing better and you will get stronger. We are all at the mercy of our leaders.

  • @nitinbansal1631
    @nitinbansal1631 Рік тому +196

    Cash is the money you have earned and you own. Digital currency is only owned by you until government decides it's not. That decision, might not be morally correct always.
    Don't let cash go away.

    • @nakisperry
      @nakisperry Рік тому +3

      I am okay with CBDC if they end the Fed and the US Treasury issues and controls them.

    • @monicamontano7343
      @monicamontano7343 Рік тому +1

      Nitin Bansal, well said!

    • @gopalvora789
      @gopalvora789 Рік тому +1

      ​@@nakisperryunfortunately thay can't do that. Now it's not in their control.

    • @y_o_oj754
      @y_o_oj754 Рік тому +3

      ​@@nakisperry stop 🛑 the DS

    • @riskmanagement9106
      @riskmanagement9106 Рік тому +19

      @@nakisperry Your ok with the Government knowing and taxing everything you do? Even taxes you on a garage sale purchase? If you use to much electricity your ok with them cutting you off a few days? You drive to much they turn off your CBDC until they feel your back on track? Please look into the control of CBDC.

  • @boromirsonofdenethor2586
    @boromirsonofdenethor2586 Рік тому +119

    This guest was fantastic

  • @gregjohnston455
    @gregjohnston455 Рік тому +8

    People are always just 9 meals away from cannibalism. That means that after three days of not eating, hungry people will come to eat everything you have or to eat you if you don't have anything.

  • @russellb2464
    @russellb2464 Рік тому +33

    Saw this dudes hour long interview with tucker Carlson about the pandemic and it was brilliant. He’s the real deal I would heed his warnings.

  • @garyesada5766
    @garyesada5766 Рік тому +88

    Nothing is by accident. Everything that is happening is long planned.

    • @imconfused1237
      @imconfused1237 Рік тому +3

      Nah. I’m afraid humans aren’t that good at planning. You like to think that everything is controlled as the alternative of chaos is too upsetting.

    • @lorettacorrell7640
      @lorettacorrell7640 Рік тому

      Klaus Schwab has been grooming elites for years globally

    • @Lorenzo69
      @Lorenzo69 Рік тому +2

      ​@@imconfused1237 Agreed 👍

    • @Romoto131
      @Romoto131 Рік тому +4

      Including “covid”

    • @garyesada5766
      @garyesada5766 Рік тому +7

      @@imconfused1237 The rulers are very good at planning. They plan things 100's of years in advance. Maybe thousands.

  • @curtgomes
    @curtgomes Рік тому +420

    Edward Dowd..... a truth teller and a true gentleman. Great guest.

    • @michaelbond6186
      @michaelbond6186 Рік тому +19

      Wow, this take on the financial market is really big picture. It's hard to grasp all of this happening, but I can see the fundamentals. There is a lot of truth here.

    • @coleen2213
      @coleen2213 Рік тому

      The huge military complex seems to just be looking for fights/meanwhile, funding it (wars) to squeeze the last bit of $ out of U.S., b4 it goes belly up,& NWO/Tyranny, starts. War of Gog& Magog, up next/stopped by Israeli peace deal w/ the Antichrist- Watch & see-

    • @rokyericksonroks
      @rokyericksonroks Рік тому +1

      2020 : Cares Act
      2021 : American Rescue Plan
      2022 : (inflation ramps up)
      2023 : Omnibus Spending Bill
      Inflation is not going to be tamed with a few hikes by Powell. The job cuts have not yet even begun in earnest. Volcker tamed inflation? Yes, and it took him an entire decade.

  • @juliemathews5115
    @juliemathews5115 Рік тому +14

    We've been warned about this for over 2000 years

  • @smidgenofffarms2046
    @smidgenofffarms2046 Рік тому +12

    I appreciate his take on this. Sounds like a man that has done his homework!! Give this video HUGE thumbs up!!!

  • @BIPDSHAWAII
    @BIPDSHAWAII Рік тому +28

    6 months supply of food just in case??? Omg this is going to be really bad. He's being conservative in his opinion. 😢
    But God bless this man for speaking out. Protect him 🙏🏽💜

    • @darylyost7273
      @darylyost7273 Рік тому

      That way you will only starve for 18 months!

  • @puravida5683
    @puravida5683 Рік тому +44

    Debt crisis is the least of our worries. Much bigger, is the termination of freedom crisis! And, the realization of George Orwell "1984."

  • @janicejohnson1334
    @janicejohnson1334 Рік тому +7

    Did anybody here see the look on her face when he said 12 - 24 months CBDC roll out ? ? ?
    . . . Her jaw dropped and her eyes popped wide open . . . PRICELESS

    • @GladysGrace001
      @GladysGrace001 Рік тому

      Yes! She didn’t see that coming as a shocker.

  • @TheCaptainE
    @TheCaptainE Рік тому +80

    The FDIC does Not have enough money to even cover the 250k insurance for everyone they claim.

    • @MrBobochow
      @MrBobochow Рік тому +7

      Just print 10 trillion more dollars and everything will be fine.

    • @veronicacollins1762
      @veronicacollins1762 Рік тому +10

      Pay back in CBDC...hmmmm

    • @MrBobochow
      @MrBobochow Рік тому +1

      Collins we could do that also save on printing..

    • @lonnieo4676
      @lonnieo4676 Рік тому

      they're already broke,,, 180 billion for svb, 100 billion for sbny,,, when all they had was 200 billion to begin with... the bail ins are coming...

    • @judas_cobane
      @judas_cobane Рік тому +1

      Everyone doesn’t have $250k in the bank anyway.

  • @trevormitchell9438
    @trevormitchell9438 Рік тому +372

    CBDC paired with the rise of Artificial Intelligence is a double whammy we don't need.

  • @ladymariangray
    @ladymariangray Рік тому +4

    America is currently plagued by the hydra-headed evil duo of infla tion and reces sion. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Infla tion is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun.

  • @cynthiaarteaga9029
    @cynthiaarteaga9029 Рік тому +5

    I work as a cashier and most of my customers are now using cash. About 80%.

  • @amymullany1026
    @amymullany1026 Рік тому +95

    God bless this man and keep him safe!

  • @jjbraddock2702
    @jjbraddock2702 Рік тому +60

    The mark of the beast. Without it you cannot trade.

    • @elizabethcook9199
      @elizabethcook9199 Рік тому +13

      Bang on amen. Still cannot believe we're the generation to witness the mark.

    • @eric3434
      @eric3434 Рік тому +2

      They said that about credit cards too..
      And the same could be said about cash.

    • @user-xg6yc8ho3w
      @user-xg6yc8ho3w Рік тому +6

      I'll trade without it.

    • @leslieiris7093
      @leslieiris7093 Рік тому +9

      Also soon these corona vaccines and digital mark will be enforced or mandatory very very soon to be able to buy and sell. Avoid it at all costs

    • @suzanneweiss4347
      @suzanneweiss4347 Рік тому +12

      The beast system getting ready to roll in.

  • @shannoncook9915
    @shannoncook9915 Рік тому +8

    Why can't "WE THE PEOPLE" Stop this?!

    • @seasquawker
      @seasquawker 2 місяці тому

      Because most people are ostriches

  • @roseroland1998
    @roseroland1998 Рік тому +388

    The recent bank bailout serves as a timely reminder for businesses to diversify their financial holdings and mitigate risk. It is essential to allocate funds proportionately across multiple investments to prevent significant losses in case of any financial turmoil or market downturn. I'm still at a crossroads deciding if to liquidate my $138k stock portfolio, what’s the best way to take advantage of this bear market?

    • @louisairvin3052
      @louisairvin3052 Рік тому +3

      I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

    • @Curbalnk
      @Curbalnk Рік тому +2

      @@louisairvin3052 True. I first came across investing in the market in 2019. Already stashed about $80k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best investment decision I've made since then.

    • @Curbalnk
      @Curbalnk Рік тому +2

      @Alexis Anders Haha. I definitely share your sentiment about these firms. When I was starting out, I checked out a couple of freelance investors online, so you could do the same. I personally work with KAITLIN ROSE STERNBERG, and she's really good.

    • @starglow4375
      @starglow4375 5 місяців тому +1

      Pretty Girl is reporting a repeat of the typical BS mainstream
      media is not informing you of who really controls the American
      Federal Reserve ISRAMERICA who are ready to close the banks
      and keep your money. Then we have the Central Bank Digital
      Currency (CBDC) who are going to CHARGE YOU FEES FOR EACH
      AND EVERY TRANSACTION AND LIMIT YOUR WITHDRAWALS AND
      YOUR SAVINGS WILL HAVE AN EXPIRATION DATE ON IT TO BE
      USED BY AND IF YOU DONT USE IT BY THE EXPIRATION DATE
      THEY TAKE YOUR MONEY AWAY. THEY WILL BE MONITORING
      EACH EVERY OF YOUR MONIES MOVES, THE CBDC IS A BIG
      GLOBE SCAM.

  • @edwardmoreno8211
    @edwardmoreno8211 Рік тому +297

    Ed Dowd was very succinct throughout this interview. I also must compliment him for being so brave and steadfast in stating the obvious concerning the jab. Michelle you have been on fire with your interviews this week, having thus moved up to my go to podcast of the day!

    • @BOBPortlandOr
      @BOBPortlandOr Рік тому +5

      Hi Ed

    • @invisiblecloak9228
      @invisiblecloak9228 Рік тому +1

      @@BOBPortlandOr 😂

    • @lambertois11
      @lambertois11 Рік тому

      Hey Brother, you have been unmasked! You are a lousy looser Wumao troll paid by the CCP propaganda apparatus to propagate lies, falsehoods and deceptions.

    • @creativeflow33
      @creativeflow33 Рік тому

      🤮🤢the only thing you missed was kisses on his boot, and backside... I wonder if you will feel the same about him when you have nothing, the world is burning, and your neighbor is trying to eat you. THEY PLANNED THIS!

    • @edwardmoreno8211
      @edwardmoreno8211 Рік тому +3

      @@creativeflow33 Hello Nicole, I am sorry that you felt I put this man on a pedestal. Actually I felt he was simply sounding the alarm for people to wake up to the calamity we are in. I have Been aware of the current economic situation for near five years. As a result preparations have been made for no electricity, water or food in the future. I have worked to become self sufficient for myself and loved ones. My advice to you would be to start a garden, buy precious metals, work to secure some type of solar power, pay off debt and above all pray to the LORD GOD ALMIGHTY daily. I will also pray for you and yours as there is no better mind to be in than one comforted by the grace of GOD! Eddie

  • @jimosrs9414
    @jimosrs9414 Рік тому +481

    Ed Dowd is a genius. I’m glad he’s been getting more interviews lately

    • @neutralobservation9418
      @neutralobservation9418 Рік тому +11

      ​@@dappercanuck1852Wrong.

    • @damiangrouse4564
      @damiangrouse4564 Рік тому +4

      @@dappercanuck1852 blackrock alumni

    • @888strummer
      @888strummer Рік тому

      @@dappercanuck1852 I don't think he advocates for anyone. I think he studies the markets and gives his opinions

    • @oneviwatara9384
      @oneviwatara9384 Рік тому

      ​@@ChickityChicken
      You must be high on crack 😅😂

    • @djmotise
      @djmotise Рік тому

      Not quite a genius. Come on.

  • @joelanderson3562
    @joelanderson3562 Рік тому +54

    Some people are born Great, some achieve Greatness while some have Greatness trust upon them. Only a brave heart take the risk involved in making great achievement

    • @madisonhuff5148
      @madisonhuff5148 Рік тому

      Rich people are not born rich. The fact is that they value investing more than spending

  • @billbixby4431
    @billbixby4431 Рік тому +4

    This guy hit the nail on the head and pounded the nail into the wood with one blow!

  • @brandoncook6383
    @brandoncook6383 Рік тому +40

    Yea because he knows the plan. Blackrock is in charge of this financial crisis.thats why he left. He found out the plan. I'd listen to everything he predicts. Because it will come true.

  • @BlueWaterSTAX
    @BlueWaterSTAX Рік тому +84

    Buy gold and Silver ASAP guys. Don't get wiped out. Thanks Kitco

    • @gordonmarr6463
      @gordonmarr6463 Рік тому +4

      Agreed. I am retired and set up to move investments into metals next week after meeting and a day of thought. But I feel I must protect my assets before too late. This is for long term protection. And I think these bankers and Fiat money managers have suppressed metal values.

    • @PhillyBol86
      @PhillyBol86 Рік тому +2

      Where do I buy gold and silver for the best price?

    • @orionchevalier2032
      @orionchevalier2032 Рік тому

      ​@@PhillyBol86Apmex is a good site. Being serious. Do some research and get it done

    • @rafaelmariscal9170
      @rafaelmariscal9170 Рік тому +11

      ​@@PhillyBol86 i recently started buying silver from SD Bullion and found their pricing to be the most competitive at the time. It took a little longer than I expected to get my coins but got them within about 2 weeks with free shipping. I was going to buy more but price has recently shot up. If we get a pullback in silver I would like to buy some more. Overall I was able to to save several hundred dollars as compared to some local coin dealers in my area. Personally I like the silver rounds that don't have much of a premium and cost just a few dollars over spot price.

    • @modo203
      @modo203 Рік тому

      @@rafaelmariscal9170cool. Join the other bag holders who bought silver 40 years ago and still haven’t recovered.

  • @nourishedinspired
    @nourishedinspired Рік тому +4

    thank you for sharing this with care and heart, and clarity. Beautifully done

  • @Lovedis4
    @Lovedis4 Рік тому +9

    Protect this man at all costs!

  • @TomTom-io8lc
    @TomTom-io8lc Рік тому +147

    Does anyone think this wasn't their plan all along

    • @katinasnapp3572
      @katinasnapp3572 Рік тому +21

      Yes, I can see it has always been the plan.

    • @ianbardon8581
      @ianbardon8581 Рік тому +9

      Sure

    • @foreverfreeshu
      @foreverfreeshu Рік тому +9

      Absolutely

    • @kittyfeline6857
      @kittyfeline6857 Рік тому

      Plan? The greed of these people is the cause, doubtful they planned to be so incompetent, history shows the path of empires before us and how they fell but we are taking their path anyway.

    • @dmc3202
      @dmc3202 Рік тому +18

      There are no accidents or coincidences in politics, religion, or wars.

  • @jama17gill
    @jama17gill Рік тому +63

    All by design: CoV, Stimulus, bank failures, Fed Now soon, expect UBI, etc... Make the irresponsible learn to be more disciplined with their finances. The responsible will be more fortunate. Love this guy by the way!!!

    • @steverunswithscissors
      @steverunswithscissors Рік тому +14

      The debt slaves will be forgiven so that the debt economy can continue. This includes most banks, corps and people, the government will decide who wins and who loses. The frugal will bear the burden, the irresponsible will be rewarded

    • @jama17gill
      @jama17gill Рік тому

      @@steverunswithscissors I think Edward Dowd is correct. Most banks are going to be non-existent eventually. The Fed Now will rule. The old way is failing, which is obvious. Fed Now will be somewhat controlling to force people to pay their bills. They wouldn't be bringing a system like this in if they wanted to let irresponsible people be rewarded. They'd just let it continue on as is. UBI will be very basic and more restrictive than welfare. Just my opinion. Also: I think if Gesara/Nesara is a real thing and is ever used, it will just be for Government, etc..., but not the regular people. If debt slaves are forgiven, the debt economy wouldn't be able to continue. Are you familiar with the Draining the Swamp - Monetary and Fiscal Policy Reform: The NESARA Story book by Harvey F Barnard?

    • @lovly2cu725
      @lovly2cu725 Рік тому +7

      FOOD PLANTS ON FIRE, SUPPLY CHAIN, THE LIST GOES ON

    • @jerrymoore838
      @jerrymoore838 Рік тому +6

      The goal is absolute global micro-control

  • @rebeltoo37
    @rebeltoo37 Рік тому +5

    Best Guest Ever! Thanks would have never heard him without you. Last 5 minutes by him. Must watch.

  • @chadjeromenichols
    @chadjeromenichols Рік тому +24

    This guy is a gem. Thanks for the interview!

  • @jschudel777
    @jschudel777 Рік тому +116

    The pandemic was the test run to check the pain points and the measures that can be applied.

    • @user-xg6yc8ho3w
      @user-xg6yc8ho3w Рік тому +19

      Bingo

    • @MrsWhite-jt1gw
      @MrsWhite-jt1gw Рік тому

      Excuse to flood $15 trillion into the monetary system and set the stage for the one Central Bank of the World

    • @kaka2nd62
      @kaka2nd62 Рік тому

      "They" could be in for a big surprise, though. Many people would rather inject an unknown substance into their bodies and wear a mask than lose their money and savings.

  • @StoneZhong
    @StoneZhong Рік тому +38

    Even with a 5% interest rate, saver's actual return is still negative since inflation is higher than 5% for the past 12 months.

    • @GT380man
      @GT380man Рік тому

      True, but you can mitigate to an extent the wealth erosion caused by inflation.

  • @roberttormey4312
    @roberttormey4312 Рік тому +6

    This aged well, Fed promising two more hikes before year end as of end of June.

  • @simonbad
    @simonbad Рік тому +1069

    Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

    • @LarsBergstrom-uh2eu
      @LarsBergstrom-uh2eu Рік тому +3

      Big moving stochastics are not the secret to high returns. It involves controlling risk in relation to reward. Putting on the proper size and spinning your edge as many times as required to achieve your objective. That is valid for both day trading and long-term investments......

    • @IrenaDolinsek
      @IrenaDolinsek Рік тому +5

      @@LarsBergstrom-uh2eu 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.

    • @Erinmills98
      @Erinmills98 Рік тому +4

      @@IrenaDolinsek Who is this Expert and how do I get in touch?

    • @IrenaDolinsek
      @IrenaDolinsek Рік тому +7

      @@Erinmills98 Kathleen Yanelli Carole, she was in the news when she revived Grumac in 2018. You can look her up online, there isn’t much I can say here so it doesn’t seem as if i am promoting an agenda.

    • @legacyturbo8485
      @legacyturbo8485 Рік тому

      If everyone refuses the governments Orwellian digital currency it won’t go anywhere ..!! Simple wake up sheeple

  • @cordovabayresidents9210
    @cordovabayresidents9210 Рік тому +31

    Ed dowd is bang on about everything he talks about. His record proves it.

  • @douglaslindner3902
    @douglaslindner3902 Рік тому +11

    Great work Ed. Thanks to you and your team for looking out for us!

  • @annettepezzotta5585
    @annettepezzotta5585 Рік тому +3

    This is worse than I thought.we have been destroyed by the minds of evil.

  • @geoffrey1967
    @geoffrey1967 Рік тому +10

    This is definitely by design, they want this to happen where there will be a World CBDC.

  • @schlemmermaul5224
    @schlemmermaul5224 Рік тому +89

    Best most convincing plot/hypothesis to date. First heard from this guy as opposed to Rule, Foss, Booth, Alden and other top flight money managers and macro finance minds.

    • @garcon8552
      @garcon8552 Рік тому +8

      Agree with his position that once everyone is panicked, and looking for a way our, the CBDC in form of USD fiat replacement will be on our doorstep.

    • @jackd1582
      @jackd1582 Рік тому

      @@chrislambert5571 ......plans come to fruition

    • @randyrandall2148
      @randyrandall2148 Рік тому +2

      @@chrislambert5571 100% certain

  • @sandranewman3461
    @sandranewman3461 Рік тому +38

    Ed Dowd is a fresh bold voice We need to hear more from him

  • @maryuline2585
    @maryuline2585 Рік тому +25

    Thank you for this excellent interview! Listening to Mr. Dowd, I understand a lot more of what's going on.

  • @captkeebz
    @captkeebz Рік тому +8

    "Never let a good crisis go to waste."
    - Churchill
    "Make crises we can exploit."
    - every nefarious actor since

  • @meganne8
    @meganne8 Рік тому +38

    Edward Dowd is smart and spot on every single time using data anyone can find! Babylon is falling, stay calm✝️🙏🇺🇸

  • @Ashnola
    @Ashnola Рік тому +128

    Big kudos to Kitco for interviewing Edward and asking him about his book. Nice to know that not every news outlet censors opinions they may not agree with!

    • @JoeyTheNit
      @JoeyTheNit Рік тому +1

      Lmao how gullible are you? Kitco is heavily invested in gold

  • @alexdmd
    @alexdmd Рік тому +6

    Unfortunately, people are not going to use cash because with all the self-checkouts that don't take cash, cards are becoming a lot more convenient

    • @janicehizon7704
      @janicehizon7704 2 місяці тому

      we can line up at cashier, one consumer at a time :)

  • @j2mforlife
    @j2mforlife Рік тому +5

    Real journalism, and good questions being asked, 👍.

  • @SandyB453
    @SandyB453 Рік тому +25

    Legend, his work looking at excess deaths after jabs in Australia was seriously eye opening.

    • @sashalu13
      @sashalu13 Рік тому

      Covid was a wujan revengge tool imo and used by fauci and others to suppress our power. The jab was way too fast to not have serious side effects. The govt lied and taped our freedom of speach shut with duct tape.😮 the elite think they deserve the earth for themselves.

  • @danielwoolman8969
    @danielwoolman8969 Рік тому +93

    This reporter is good and Ed is super smart and straightforward

  • @johnnycanuck6923
    @johnnycanuck6923 Рік тому +6

    Its about taking power and control away from big government and giving back to the people, where it should always have been. Thank Michelle for brining this to us, your great!

  • @MyMicl
    @MyMicl Рік тому +3

    Thx Ed and all your doing to keep us informed with facts.

  • @dwaynecarroll7985
    @dwaynecarroll7985 Рік тому +25

    Getting completely out of debt will allow you to see clearly
    Debt is the tool to keep you distracted.
    when it is gone, you can see the calm seas for miles and miles

  • @catliath5384
    @catliath5384 Рік тому +117

    Thank you for having Ed Dowd, a voice of clarity and reality! If you didn’t report this, many will miss this disaster happening in real time. Mainstream doesn’t give a $hit about what’s going on because they are funded by those who are making it happen…as someone who lost 10 months of work and life in NYC upended due to tyrannical mandates, I personally feel Ed’s support every time I hear him speak!

    • @djmotise
      @djmotise Рік тому +9

      Hes not the only one saying this. Ever hear of Gerald Celente? And many others.

    • @pamelag7553
      @pamelag7553 Рік тому +7

      Celente is a national treasure.

    • @tomryannova
      @tomryannova Рік тому +4

      Why stay in NYC when it is a place of central control?

    • @catliath5384
      @catliath5384 Рік тому +4

      @@tomryannova yeah, I finally left, but I was born & raised there so it was still hard to leave…

    • @legacyturbo8485
      @legacyturbo8485 Рік тому +2

      I hear you on that ..!!

  • @TheNowhereman4442
    @TheNowhereman4442 Рік тому +3

    We aren't coming out of this for aVEEERRRYY LONG TIME.

  • @randydurham4709
    @randydurham4709 Рік тому +4

    Hard to have a good verbal floor when you’re reading a Teleprompter when you’re not familiar with the material

  • @danburby7936
    @danburby7936 Рік тому +60

    GREAT INTERVIEW MICHELLE ,GREAT GUEST..YOU ASK THE RIGHT QUESTIONS AND ALLOW THE GUEST TO ANSWER THEM

  • @maxlemesurier
    @maxlemesurier Рік тому +152

    Great to see Ed Dowd on Kitco.

  • @violetdsaint1635
    @violetdsaint1635 Рік тому +5

    Great interview. Extremely informative and beneficial. The kind we all need to hear now. :)

  • @PB111627
    @PB111627 Рік тому +24

    This guy knows his stuff better than anyone I have heard so far.

  • @ThinkForYourself8258
    @ThinkForYourself8258 Рік тому +31

    Even with cash, the central planners can force every retailer to use fingerprint scanners or any other biometrics, or simply scan your digital-ID. No to central bank ledger systems.

    • @katadam2186
      @katadam2186 Рік тому +5

      Throw the phone

    • @trishflorida4250
      @trishflorida4250 Рік тому +7

      Mark of the Beast

    • @GT380man
      @GT380man Рік тому

      Small traders wouldn’t demand you to have to use biometric ID.

  • @matthawksworth
    @matthawksworth Рік тому +15

    Its been the plan for over 100 years, well documented.

  • @americanpatriot7247
    @americanpatriot7247 Рік тому +3

    Bummer.....Well, thank you both for "laying it on the table". Appreciate you.

  • @paulmitchell2857
    @paulmitchell2857 Рік тому +327

    Thank you Michelle for interviewing Edward Dowd. This is a person we should all be listening to. Everyone needs to check out his book or at least his research on non cause mortality over the last few years.

    • @dontbugme7362
      @dontbugme7362 Рік тому

      That’s ALL CAUSE mortality

    • @stijnvdv2
      @stijnvdv2 Рік тому

      He's a smart guy. However I don't buy his '6 banks will be left'. This crisis will escalate to a bond panic. When that happens it's basically game over, as governments have used issuing bonds and upping their debt for bail outs ever since WW2... well the implication of the crisis is they can no longer do that because there is no one to issue it to. When that happens governments can't even role their own existing debts that they never planned to pay off in the first place and default. Governments defaulting is their modus operandi since the dawn of time, at least going back 6000 years ago.

    • @441kingstonrd.2
      @441kingstonrd.2 Рік тому

      *All-Cause Mortality

    • @lambertois11
      @lambertois11 Рік тому +1

      Hey Brother, you have been unmasked! You are a lousy looser Wumao troll paid by the CCP propaganda apparatus to propagate lies, falsehoods and deceptions.

    • @DigitalNetworkInsights
      @DigitalNetworkInsights Рік тому +3

      All cause mortality?

  • @Willfully_Ignorant
    @Willfully_Ignorant Рік тому +14

    “The life blood of our economy is credit”. The fact that our whole economy runs on borrowing money you can’t afford should tell you everything you need to know about how screwed our system is.

    • @baus7
      @baus7 5 місяців тому

      Agree

  • @steveedwards4635
    @steveedwards4635 Рік тому +3

    Great interview! Subbed! 😎🤙🏾

  • @littlebitmckee8234
    @littlebitmckee8234 Рік тому +3

    Fabulous guest! When we do go to CBDC please have him back on so he can tell us how to support the movement he will be taking part in. I will follow his advice and pay as much as possible in cash. That’s a great idea. It will be wonderful to see new people leading big movements. Blessings to him and all that are on his path.

  • @Blurry2222
    @Blurry2222 Рік тому +163

    Great interview. Ed is very lucid and Michelle is my favourite interviewer. Thank you 🙏🏼

    • @kitco
      @kitco  Рік тому +17

      Our pleasure!

    • @The_Dougie
      @The_Dougie Рік тому +5

      She should not interrupt guests so much

    • @danielwarton5343
      @danielwarton5343 Рік тому +21

      Michelle actually asks the tough questions and holds people to account

    • @DuncanL7979
      @DuncanL7979 Рік тому +3

      There was only once in the interview where she aggressively forced an interjection and should have excused herself. She does a good job

    • @The_Dougie
      @The_Dougie Рік тому +1

      @@DuncanL7979 she does it regularly. Not just this time

  • @ronaldkulas5748
    @ronaldkulas5748 Рік тому +118

    I think Ed Dowd is one of the finest analytical minds about current affairs that we have. I like to hear anything he has to say.

  • @juanitahall9190
    @juanitahall9190 Рік тому +3

    Walmart, hyvee, self checkout DO NOT TAKE CASH!!!!!!!🤬

  • @firerox4474
    @firerox4474 Рік тому +2

    Totally by design!! Yup, at one point there were about 28k banks in the US, in the mid to late 2000's they wrote back then about bringing it down to 8k. We are currently less than 4 k banks in the US. This has been in play for a while.

  • @chuck3441
    @chuck3441 Рік тому +21

    Get this guy back soon.

  • @jonathanmagic5633
    @jonathanmagic5633 Рік тому +17

    From Australia, Great Interview thankyou. My son had a heart attack and my brother went blind in one eye both within three days of Covid jabs, but of course that's just coincidental.

  • @darrell8167
    @darrell8167 Рік тому +5

    Controlled implosion that's 911

  • @GMrRager
    @GMrRager 8 місяців тому

    Thanks Michelle for heads up

  • @tomdoyle5720
    @tomdoyle5720 Рік тому +121

    Ed Dowd is the definition of Speaking Truth to Power

    • @atranimecs
      @atranimecs Рік тому +6

      He worked for Blackrock, of course he witnessed all the BS happening.

    • @tomdoyle5720
      @tomdoyle5720 Рік тому +3

      UA-cam deleted my response to you - Speaking Truth to Power

    • @rockstarofredondo
      @rockstarofredondo Рік тому +3

      @@tomdoyle5720 adjust any potentially “offensive” words with spacing, incorrect spelling, etc.

    • @tomdoyle5720
      @tomdoyle5720 Рік тому

      @@rockstarofredondo can you see my previous response to you?

  • @CarmenFalkenburg
    @CarmenFalkenburg Рік тому +128

    Edward is a man of immense integrity,a very authentic and compassionate person .He is so highly intelligent and knowledgable . He cares about humanity 🙏🏼🙏🏼

    • @MrWaterbugdesign
      @MrWaterbugdesign Рік тому +4

      Sure, OK. But that's not how social media works. He repeated many times "I'm not in the room", "this is just speculation" but few listeners will hear that. Social media consumers love drama, that the world is coming to the end.

    • @libertyfirst4083
      @libertyfirst4083 Рік тому +5

      @@MrWaterbugdesign To be clear, Ed has never said the world is coming to an end. He *_has_* said the world is not ending, it's just changing.

    • @darylfoster7944
      @darylfoster7944 Рік тому +1

      I first saw him discussing his Covid book on YT.

    • @acornsucks2111
      @acornsucks2111 Рік тому

      @@MrWaterbugdesign I've only been hearing the banking system is coming to an end for 33 years, give or take.

    • @SK-ov1ll
      @SK-ov1ll Рік тому

      He is very intelligent, but remember, he does not circulate information that is a benefit to the average citizen. If anything, many of these heads, circulate information with the intent of the average citizen to take action that actually benefits the head of these organizations, not ordinary citizens.

  • @susanlaws7739
    @susanlaws7739 Рік тому +2

    Excellent reporting!

  • @stephenwhite4568
    @stephenwhite4568 Рік тому +1

    thanks Edward and Michelle for keeping this news alive

  • @dant3232
    @dant3232 Рік тому +18

    Thank you for talking about this cbcd issue that many Americans consider conspiracy theory.

  • @anamericanman
    @anamericanman Рік тому +31

    I live in a small central American place, and just in the last month I have watched all of the banks get tied together to limit withdrawals in any 24 hour period. Nobody here voted for that, or even knows it.

    • @comicthrill
      @comicthrill Рік тому +3

      Ongoing? I hope we find out why.

    • @eugeniebreida1583
      @eugeniebreida1583 Рік тому +1

      Are you using an American bank then? Are you permitted to keep funds in US or other int’l banks?

    • @anamericanman
      @anamericanman Рік тому

      @@eugeniebreida1583 ye, American banks. But I am sure that if you had a local bank like BCR then tried to use your card at BAC, another local bank, the same thing would happen. In fact, I would bet the limits would be even more stringent. Not prohibited.

  • @rocknroth764
    @rocknroth764 Рік тому +4

    This control will impact CAMPAIGN CONTRIBUTIONS...

  • @alfredhilljr.8802
    @alfredhilljr.8802 Рік тому +1

    Kudos Bro we need more people warning the public.

  • @mathewbacsik8681
    @mathewbacsik8681 Рік тому +20

    ‘Cash is a way of protesting’ 🙌🏾 It most certainly is if we all ban together on this

  • @ilovethewiggle-crypto8033
    @ilovethewiggle-crypto8033 Рік тому +45

    God help us all

  • @raspberryberet4544
    @raspberryberet4544 Рік тому

    Useful info. Rock on Ed.

  • @stef6279
    @stef6279 Рік тому +3

    One of the best interviews out there, great guest 👌 very knowledgeable with solid ground understanding about economics

  • @illusions46n2
    @illusions46n2 Рік тому +920

    The covid vaccine was the ultimate IQ test.

    • @dustin9551
      @dustin9551 Рік тому

      I would argue it was the ultimate common sense or discernment test. Many low IQ people didn't take the bioweapon. Many people with higher than average IQ's did.

    • @Nick-18
      @Nick-18 Рік тому

      ​@@GetReal77 Then you don't get it
      Go back to September 2019 that kickstarted everything.
      It's a controlled demolition

    • @marcroche9324
      @marcroche9324 Рік тому +70

      Also, darwinism.

    • @tking1539
      @tking1539 Рік тому +102

      Lots of people still asleep and the ones that woke up has regrets.

    • @torta2012
      @torta2012 Рік тому

      ​@GetReal so you're the biggest moron alive.

  • @dickesonc
    @dickesonc Рік тому +107

    LETS TRY USING THE CONSTITUTION AND USE THE COINS AND TREASURY THAT IT MANDATES!😡