You were too early to the party. The USD has at least another year or two. But you’re correct that when the US loses world reserve currency status. Btw, I pray I’m wrong as well. But our national debt is a HUGE problem
Suggestions on the best hedges against what our economy will become? Besides gold and silver, what are other commodities that would gain value in the scenario described in the video?
@garnetnard4284 Silver is a viable option. My opinion is for every 1 Tory ounce of gold you hold. You should have at least 20+ Tory ounces of silver. My personal actualised situation is right now for every 1 Tory ounce of gold. I have approx just a shade under 16 Tory ounces of silver. I have just over 1000 ounces of silver. I intended to increase my stock of silver after July 25th.
Third world status is now at arms length away. Treasure it and take moments to stop time and reminisce of the reprehensible pain and suffering this nation brought upon humanity over the past 7 - 8 decades.
Foreign holders of US debt will not dump it quickly as it would hurt them. The deleveraging is happening but will take years to unwind. A lot of this debt is in long term treasuries that do not trade in the open market. New treasuries, especially long term, will continue to find less foreign buyers and will be bought by the buyer of last resort, the Fed. Sound fiscal and monetary policy could deal with this time horizon. Given the stooges in charge I would not hold my breath on this happening.
I want to ask a question commodity start falling bond start rising unemployed data rises.. Many currencies start falling.. What direction is shown by these data .. Is market going to collapse
@@peanut0brain that’s not what i meant. It’s literally a different status. Thomas Jefferson was not a u s citizen. American national, secured party creditor, etc. different status. There are no Americans. Mainly because people are uneducated.
Gonall in indian stock market big financial institution pumping there money in india only country and dits stock market prediction to grow by 7-8% in next decade while other struggle to hit 3-5%
@@navusingh6125 actually I'm interested in the Indian stock market. Are there any Indian companies you can suggest that I can buy shares traded on the NYSE or Dow?
Doesn’t China import gas from the the Middle East and Africa and Russia because they don’t have it? Or is France buying natural gas from China after refines it because of the European sanctions on Russian oil and gas?
Pariah nations Russia and Iran? Go to the countries and you'll see in many areas the US looks more like the pariah.. go to the rest of the world and talk to the people.. most of them will talk of the US as the pariah..
A lot of the facts that confuses you regarding of irrational government decisions and policies are explained very well in documentary named Europa The Last Battle, would really advance everyone to watch it, will give a new insights for sure.
Peter, consider "America", is not a country! ...it is actually the name of our CONTINENT... having 35 sovereign countries and over one billion people! Many American countries are over 100 years older the even Jamestown (our oldest US city). Many Europeans became accustomed to emigrate to North and South America as they sought greater opportunity and freedom. The United States as well as Mexico, Brazil, Argentina, etc. Welcomed millions of Europeans over hundreds of years. During WWII, many Canadians and Unitedstadians plus a smaller amount of Latin Americans were the AMERICANS that helped the Europeans fight against Hitler. The United States does not own America, nor do they speak for the interests of all Americans! Stop this name ignorance!!! I love my country, USA!!! What to call the fine people of the USA? South Americans call us UNITEDSTADIANS! I agree with that!
Bro, you in your bubble think russia and iran are pariah nations. Once the bubble bursts you will see your opinion is overwhelmingly the minority opinion.
"Gone are the days of luxury, now you gotta work for it" Great words.
This channel is SO VALUABLE!
Thank you for this information 🥳
Please keep the videos coming
Damn. I love this channel. So clear and concise.
This should have happened 30 years ago, but the Pentagon stepped in and did some bullying, and bought us some time.
This channel should have 100,000 subscribers.
And they will come to the "rescue" with their programable CBDC...
Well said, my friend. Thank you.
Inflation will explode.
I appreciate your no BS info
Well put. Thanks for this🎉
You were too early to the party. The USD has at least another year or two. But you’re correct that when the US loses world reserve currency status.
Btw, I pray I’m wrong as well. But our national debt is a HUGE problem
Thanks for sharing 🙏
Found you from twitter. Great post
Thanks for coming!
So sounds like everything is on track.
With the recent debt ceiling increase to 4Trillion, do you see this scenario playing out faster?
Vernon Smith was saying that the Fed is at least partly to blame because they supplied no budget discipline.
The Fed Are absolutely to blame.
Which part, 99% or 99.9%?
Please update for 2024
Suggestions on the best hedges against what our economy will become? Besides gold and silver, what are other commodities that would gain value in the scenario described in the video?
The standout is Bitcoin
yep, aside from gold (not silver) definitely Bitcoin
@@Profstonge why not silver?
@garnetnard4284 Silver is a viable option. My opinion is for every 1 Tory ounce of gold you hold. You should have at least 20+ Tory ounces of silver. My personal actualised situation is right now for every 1 Tory ounce of gold. I have approx just a shade under 16 Tory ounces of silver. I have just over 1000 ounces of silver. I intended to increase my stock of silver after July 25th.
please tell me what happens to our loans that we owe. would the payments go up?
I’d like to know to and if the dollar is worth less that could get really bad fast.
Yeah but if we can only get Kamala in as Prez then she will fix all of this ASAP - LOL
Third world status is now at arms length away.
Treasure it and take moments to stop time and reminisce of the reprehensible pain and suffering this nation brought upon humanity over the past 7 - 8 decades.
Foreign holders of US debt will not dump it quickly as it would hurt them. The deleveraging is happening but will take years to unwind. A lot of this debt is in long term treasuries that do not trade in the open market. New treasuries, especially long term, will continue to find less foreign buyers and will be bought by the buyer of last resort, the Fed.
Sound fiscal and monetary policy could deal with this time horizon. Given the stooges in charge I would not hold my breath on this happening.
china is already dumping treasuries because of sanctions while Japan is one of the largest holders of these .
So whats the solution. How can we beat it
I want to ask a question commodity start falling bond start rising unemployed data rises..
Many currencies start falling..
What direction is shown by these data ..
Is market going to collapse
Only a gold standard or Bitcoin standard can save the economy for those that are not close to the FED trough.
I would like an update. The US dollar has already dropped to number 10. So I’m curious what Americans can do to mitigate this.
Elect trump..artest aoc,ob uma,Biden pelosi and so on
How does this impact WTI and BRENT Crude Oil?? Please explain if you can.
I appreciate your video. You are detailed in economics. Not so much in status. There are no Americans only u.s. citizens.
True. I'm ŰŠ citizen with Chinese face so I ain't no American.
@@peanut0brain that’s not what i meant. It’s literally a different status. Thomas Jefferson was not a u s citizen. American national, secured party creditor, etc. different status. There are no Americans. Mainly because people are uneducated.
Are there any better Stock Markets to invest in, or are all of them in the same boat? Is it better to buy GOLD instead?
Gonall in indian stock market big financial institution pumping there money in india only country and dits stock market prediction to grow by 7-8% in next decade while other struggle to hit 3-5%
@@navusingh6125 actually I'm interested in the Indian stock market. Are there any Indian companies you can suggest that I can buy shares traded on the NYSE or Dow?
so basically a Zombie apocalypse 🤨
Doesn’t China import gas from the the Middle East and Africa and Russia because they don’t have it? Or is France buying natural gas from China after refines it because of the European sanctions on Russian oil and gas?
🎉 silver and gold should go up PSLV and PHYS
What should I do before dollar collapse as I use rupees and live in India.... Pls answer my question.
He said, buy gold or bitcoin, really simple
Exchange for Singapore dollar
Well Brics are here in 2024
Which regulationis give China a stranglehold on our perscription drugs?
How will you pay your War Machine now?
Pariah nations Russia and Iran? Go to the countries and you'll see in many areas the US looks more like the pariah.. go to the rest of the world and talk to the people.. most of them will talk of the US as the pariah..
He was being sarcastic 🤦🏻♂️ he’s making fun of the deep state which gaslights us Americans into viewing Russia and Iran as pariahs
I’ll be looking to flee the US with my Bitcoin seed phrase when it gets really bad. Canada please accept US Refugees
US dollar becomes toilet paper 🧻🗞️
VIVA LA FRANCE!!
gold near all time highs.
A lot of the facts that confuses you regarding of irrational government decisions and policies are explained very well in documentary named Europa The Last Battle, would really advance everyone to watch it, will give a new insights for sure.
folks - either buy crypto or physical precious metals.
History shows the govt will come to confiscate your precious metals and make it illegal to own it. Check history. 1971
Dollar is going higher........its going to take 30yrs to unwind the reserve currency.
This video only has 8,000 views, that’s scary. I can’t help you, I can only take profits. GLTA
foreign wars
Peter, consider "America", is not a country!
...it is actually the name of our CONTINENT... having 35 sovereign countries and over one billion people! Many American countries are over 100 years older the even Jamestown (our oldest US city). Many Europeans became accustomed to emigrate to North and South America as they sought greater opportunity and freedom. The United States as well as Mexico, Brazil, Argentina, etc. Welcomed millions of Europeans over hundreds of years. During WWII, many Canadians and Unitedstadians plus a smaller amount of Latin Americans were the AMERICANS that helped the Europeans fight against Hitler. The United States does not own America, nor do they speak for the interests of all Americans! Stop this name ignorance!!! I love my country, USA!!! What to call the fine people of the USA? South Americans call us UNITEDSTADIANS! I agree with that!
Nobody wants?
What if!? Hahahaha...get real man!
buy some mf bitcoin
Bro, you in your bubble think russia and iran are pariah nations. Once the bubble bursts you will see your opinion is overwhelmingly the minority opinion.
MMT will save the day, don't worry mates
Bitcoin is the only answer. Hardest asset on earth ever created.
Usa 🇺🇸 is screwed 😢
1 year ago... Nothing happened
Russia is a pariah nation? 😂😂 Iran is a pariah nation? 😂😂. Both thousand plus years old nations. PHD? 😂😂