Adam, further thoughts on content. Could you get someone on to talk through stop loss and limit orders. I haven't found a way for this to work for me, I wonder whether it's rigged for insiders....for example if you set a stop loss at 10, it often drops to 6 before the sale is triggered. So basically I'm saying how can retail investors not get left out in the cold.
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
*I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos*
If Bitcoin follows the same patterns it followed in the last cycles,we will have a 200k Bitcoin by the end of 2025.I think we can even have more than 200k because many catalysts will impact the crypto market in 2025:1-Central banks joining the Bitcoin bandwagon in January 2025,2-A new SEC commissioner will be nominated 3-More institutions will come to the market 4-A potential Crypto regulation will come out in 2025 5-FED lowering interest rates all year of 2025...never been a better time to be involved in the market........ I have managed to grow a nest egg of around 3b"tc to a decent 26B'tc in the space of a few months. Amidst this, the insights of a knowledgeable guide like that of Sandy Barclays can be crucial. Her expertise in navigating the nuances of trading has been the key for Me understanding and making the most of these emerging financial trends.
The pump and dump has been a perfect eyeopener for us all to really see how unpredictable the market can be and the need for us to be trading not just seat and hodl.
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.
At this point of market valuations and after the monumental run-up we’ve seen, IMO if you don’t have your dry powder ready in a big way, you are gambling heavy. I’ve booked profits and have some nat gas and oil stocks still in the game, but I’ve learned from previous downturns about not having cash ready to deploy. I might miss out on some up-side in the market if things continue but I sleep better knowing I won’t lose my shirt and I’m still making about 4.5 percent in the money market at the moment. As many have said before, it’s all about risk tolerance and I’m more a conservative in many ways. The next 3-6 months should be very interesting. Thanks to Adam and Jan for their time and efforts in bringing us this interview.
Adam I love how you are always taking your audience along by clarifying points with your guests to whom those things might be obvious. Thank you great session
If he had spent some time on it over recent months, maybe his viewers would have actually made some money. Instead of being constantly scared by 'fearful money'
The Whole "DOGE" thing sounds like a meaningless marketing exercise. I'm not sure why so many "experts" don't seem to see the obvious. Musk is an extremely successful salesman, he's not a process optimizer.
@@honestyfirst3994 AND a huge conflict of interest with Tesla too. I've never had such mixed feelings for a high-profile individual as I have for Elon Musk (and I have A LOT of mixed feelings about Trump, who I will never regret voting for three times!)
He scoffed at the idea of a 25% correction and sees a 10% correction max. He also doesn't believe Bitcoin is in a bubble and isn't scared to invest in India now, after a gargantuan rally that resembles the one the US had in the 1920's. Basically, he believes it IS all different this time. and to be honest, it probably is at this point. Even though it's never been different before. I really don't envy conservative, history-minded money managers like Mike and John at a time like this! No one will ever accuse them of not having convictions.
He also thinks A.I. gains will spread across the market. What gains... there are no gains apart from selling chips & infrastructure . AI itself doesn't really produce much if anything. China is probably only nation which uses AI for something productive.
Fantastic discussion Excellent analysis from Jan Thank you Sir Thank you to Mike and John too I always love listening to you Adam Merry Christmas to you all ! Thank You Gentlemen
Intellectual property, what we used to call Goodwill 😎😉 39:49 AOL Time Warner, $54bn writedown, just sayin. Great when the stocks rising, when it turns will force a recalc of the goodwill, which should be discounted probably 75%. So on goodwill alone the S&P should drop 40%. Given some overshooting, 50-60% off seems reasonable.
Im new to the crypto market. Every stocks that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the opportunities so far. I believe having $250K yearly income would be a good investment so I want to plug all my savings into the market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for good coins to buy and losing all the good opportunities.
Profitable trading requires experience, a solid strategy and preparation, which we lack, understand buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
Even with the right technique some investors would still make more than others, as a Capitalist, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to an adviser for management which was how I was able to grow my portfolio tremendously.
My advisor is Melissa Terri Swayne, a renowned figure in her line of work. 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.
thank you for this tip , I must say, Melissa appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
Reserve currency status means American deficits = growth (domestic and global). Stop spending and see how fast things unravel. The solution is to run it hot, negotiate Plaza Accord 2.0, and work with the world to grow our way out (perhaps by bringing a billion people in the global south or impoverished west into the global middle class). If we can't find a new source of massive growth, the crash is inevitable and austerity simply brings it forward in time.
I get the impression you're planning on making Jan a regular part of this program. And in yesterday's weekly recap with Lance you alluded to having secured funding for new endeavors you wish to incorporate into the program. VanEck has a large footprint among the macro pundit class here on UA-cam, with their ads appearing on some of the most popular channels. Given your rise to the very top of this circuit, it's no coincidence that not only is he probably a part of this new funding you've secured, but he's also interested in appearing here in person. I've watched you from the beginning and I am a huge fan, having watched virtually every episode you've put out. I've watched many channels over the years and this one certainly stands out because of your professionalism & sincerity as well as your genuine desire to educate regular people like myself. And I was very happy to hear that you decided to strike out on your own last year to gain more independence in making decisions on which direction to take the show in. All that said, I don't like Jan and hope that you are able to maintain the independence of YOUR platform. Van Eck and others like him understand the importance of these forums in being able to not only fund their products, but move markets by shaping the predominant narratives driving investment decisions. He is a threat to the independence of this channel and many others. I urge you to be vigilant and do your part to stymy his efforts to transform successful social media personalities into mainstream talking heads that push the agendas of the wealthy & powerful. I find his endorsement of cryptocurrencies to be of particular concern, given that they have proven to be time and again the plaything of fraudsters, scammers, money launderers and criminals of all kinds far and wide. For a decade now I have followed these cycles over and over again with all the heart break and destruction that they have wrought. This time will be no different, as people will sooner or later realize that the same platitudes and promises behind these 'projects' are meaningless and worthless and offer no value to end users or society writ large. Jan wants in on the grift and is doing everything in his power to ensure that crypto reaches the elusive and coveted status of 'too big to fail' By placing the Wall St wrapper and seal of approval on this vaporware, we have essentially said to institutional investors that invest large sums on behalf of regular retirement savers, that it is safe and legitimate. It isn't. This is a ticking time bomb and a disaster is inevitable. I would hate to see your platform become the latest iteration of the mainstream financial media. The new CNBC, if you will. Value your independence above all else. Be discerning and don't let anybody else captain this ship
China has been uninvestable for 20 years, nothing's changed. Munger got fleeced. India interesting but a gamble - will they be shareholder friendly or will they be like Europe? There's a reason US equities are overvalued. If it's just a 10% correction, stay in the US and ride it out.
@@WorthyNorsemen Actually there's no reason for US to be overvalued, earnings haven't risen in 3 years. China is more investable, although US tries to sell it down. Munger made a fortune on BYD.
Everyone expects that $7 trillion on the sidelines to flow into the market. But what if those now up in the market, take their profits off the table and also sit on the sidelines? Everyday the layoffs pile up. NO, wages have not kept up for Main St. America.
The analysis of Great Depression causation is both right and wrong. Tariffs in the particular environment of the 1920s caused the deflation. The tariffs effectively broke down the financial chicanery the U.S., UK, France and Germany were using to nominally keep Germany on track with reparations while simultaneously financing a German and global economic recovery. Basically, the tariffs forced actual mark to market pricing onto a world where there was no agreement about what different currencies were worth (not everyone was back on a gold standard + the unique situation of Germany and France). Think of it as the same as when Lehman went under - everyone had to value their own book of mbs and guess the value of everyone else's book. That shut down trading and we all know the rest (funny how real price discovery so often leads to crashes). Beggar thy neighbor tariffs had the same effect in the late 20s into the 30s. Just look at relative pricing of commodities across the Atlantic in back half of 1920s.
We will have inflation and high for longer…. We will cut spending and employment is strong…. We are over valued but stay with stocks not long bonds, the crypto bubble will go way up, but it can go down 25 to 50 percent easily…..😊 got it!!!
Very interesting analysis on markets in general. I disagree with Jan on investing anything at Bitcoin, and also wouldn't bet on inflation coming back, but rather think bonds are good investment currently. Granted that my bond portfolio is only around 20% US. Also, a great point on MSCI world indexes - they *ARE* broken…. Expensive US way overweight on World indexes. MSCI also reduced China on their EM ASIA index exactly when China was at its cheapest this year, China up 30%+ since then. Luckily I invested most directly at China index… and recently a bit on Korea index (which is at its cheapest now AND meanwhile having its smallest allocation in recent histoy in EM Asia Index).
@@dudewheresmyguitar21 Yes if you want to sell them. I was talking about buying now... I can't afford to invest all my money on stocks and then watch them crash for several years, so happy to put some money in bonds for some gain & safety.
China is stimulating because it sees global growth slowing, and in particular they are seeing the US slipping into recession. This is the same play that they made in 2008 when they turned on stimulus when US demand for chinese exports was collapsing
I would like to ask your guest if he had created a China etf or would like to recommend one for a buy-and-hold investor? I think China's future is bright and will be wise for one to invest in.
I could only take about 9 minutes of this. What should you expect from someone like this - HE'S GONNA SELL HIS WALLET. Everything this guys says, he's selling his financial and political positions. This country has big deficits because the wealthy don't pay their share. He's so sanguine. LOOK, STOCK VALUATIONS ARE THE HIGHEST EVER RECORDED - MOST EVERYONE SHOULD BE ON THE SIDELINES WAITING, PULLING THEIR MONEY OUT OF RISK - AND WE GOT THIS GUY SAYING IT MIGHT RAIN - WHAT GREAT ADVICE.
Interesting to me when these financial guys comment about the cost of Social Security and Medicare in relation to ways to cut the deficit. Why do these financial pinheads never mention the defense budget as a way to cut with all its waste & unaccounted costs as well as the fact that our defense budget is bigger than the next 10 nations combined.
yup, the odds of seeing a new nuclear plant about the same as seeing a new oil refinery. Zero. I'm amazed that we actually have had a few LNG plants come on stream in the last decade.
The first new nuclear plant in the U.S. opened in two phases in 2023 & 2024. It was years behind schedule and billions over budget. Some things never change. And small nuclear seems wildly over hyped, every project is …… drum roll ……. Behind schedule and over budget.
@ thanks for that info, I was not aware. I find the miniaturization hype comical. We have had miniature reactors in nuclear subs for 60 years! A colleague pointed out that small land based reactors might make a convenient dirty bomb. 😂
@@MorganBrown @MorganBrown yeah it's counter-intuitive but what takes so long is the red tape and permitting. 4-5 years of just permitting and planning.
I found Van Eck disappointing. He started by shilling for Trump (ok, whatever). But I found his take on "AI" very "finance guy" and not "tech guy". Let's take his Salesforce example. Salesforce is presumably cannibalizing its user data and creating some type of AI model. Assume that their customers don't revolt and are willing to be upsold by this AI product. They are paying more to get more sales. Presumably the AI tool would give the salesforce customers more leads. But what happens when EVERYONE IS SELLING TO "MORE" LEADS? Will this trickle down to more revenue to the salesforce customers? In the long run, salesforce AI doesn't create more potential sales targets. Van Eck's "AI trickle down" is going to be a bust. And it's comical that Van Eck seems to conflate the much larger trends of automation with "AI" and TO THE MOON growth in NVDA and server farms. An oil company would benefit from automation technology to streamline field management. You can call this "AI" if you like, but why would oil company automation technology justify a giant server farm? It wouldn't.
At this point it actually feels like the appropriate way to “get long” this market is with longer dated call options where time is on your side and thus theta decay isn’t bad. Reduce capital exposure with some leverage and then at least it we do get a correction, then you’ll have more powder available and take smaller losses. Plus it’s also still a viable source of tax loss.
Wages are kept high,because small businesses has to keep up with Government job pay scales to retain staff. Not exactly fair when Government doesn't have to make a profit.
Demographically, India is a sure thing. But I would personally have to wait until after they get their first Western-style credit bust. I refuse to believe that they have perfected banking, credit, greed and markets and won't live the same "growing pains" the US markets did in the thirties, to at least some large degree.
His comment about India being independent of the US economy is simply not true. India's growth is being driven by US companies outsourcing labor to India in GBS and GCC projects. US companies are now looking to automate all of that work and that will cause extreme pain for the Indian economy. Think about call centers and IT desks that have moved to India in the last 5-10 years, these will all be re-shored and automated over the next 10 years. So I actually believe automation in US companies is going to cause the Indian economy to stagnate between now and 2030. I would not be investing there.
Rich people don't care about 30% more for groceries. The rest of us are still outraged when we go through the checkout. Concern about inflation is still there, the current price jump that isn't going back down. Wait until the second spike happens.
Adam was stunned at the potential Bitcoin price. I'm not sure why people can't get their head around Bitcoin. We are at the crossroads of a failing monetary system. Bitcoin is giving people a choice to opt into a system, which is counter to the current system. Not only that, Bitcoin is scarce, immutable, transportable, and ready for the new age of AI and technology. Great presentation Jan.
Bitcoin is not a medium of exchange or a store of value. Therefore, it can never be a replacement currency. It's a massively risky speculative asset, that's it!
Jan is an excellent guest. World experience. Incredible knowledge. I believe nuclear will be driven by small nuclear reactors. Much shorter time to complete and make operational.
Significant reduction of regulations will free up the economy, encourage business formation. Could be far greater impact than just the government cost cutting
His opinion, though right, is and has been UN-reasonable. The US has gone through a recession every 7-8 years and we're now overdue by a factor of 2. Longest run of American "prosperity" on record. The gamblers won this game of chicken big time and the history followers got head-faked and handed a bag of coal by the central banks (to put it kindly).
According to the guest, holding or even buying bitcoin at the all time level is good because it can go to $150K to $160K by the end of 2025 or early 2026. But, holding or even buying SPY is not so good because it's at all time high?
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Adam, further thoughts on content. Could you get someone on to talk through stop loss and limit orders. I haven't found a way for this to work for me, I wonder whether it's rigged for insiders....for example if you set a stop loss at 10, it often drops to 6 before the sale is triggered. So basically I'm saying how can retail investors not get left out in the cold.
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
*I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos*
Hello how do you make such??? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still believe in God
I'm guided by Josh Olfert. A widely known consultant
Always appreciate Jan as a guest. The opinion of someone overseeing a firm that has an ACTUAL $70B AUM is always valuable. Thanks Jan and Adam.
I think it’s like 120 billion
@@bigvic950I did make a purchase last week, they must had added an extra couple of zeros!
Bring Jan back in Jan?
If Bitcoin follows the same patterns it followed in the last cycles,we will have a 200k Bitcoin by the end of 2025.I think we can even have more than 200k because many catalysts will impact the crypto market in 2025:1-Central banks joining the Bitcoin bandwagon in January 2025,2-A new SEC commissioner will be nominated 3-More institutions will come to the market 4-A potential Crypto regulation will come out in 2025 5-FED lowering interest rates all year of 2025...never been a better time to be involved in the market........ I have managed to grow a nest egg of around 3b"tc to a decent 26B'tc in the space of a few months. Amidst this, the insights of a knowledgeable guide like that of Sandy Barclays can be crucial. Her expertise in navigating the nuances of trading has been the key for Me understanding and making the most of these emerging financial trends.
She mostly interacts on Telegrams, using the user-name.
@SandyBarclays .
The pump and dump has been a perfect eyeopener for us all to really see how unpredictable the market can be and the need for us to be trading not just seat and hodl.
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.
Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to she’s so accommodating.
Jan Van Eck is one of my favorite guests that you have on the show. Please have him on regularly. He is great!! Thank you.
Jan is one of my most favorite guests
He is the best! His communication is crystal clear, he has slides, doesnt over complicate things.
At this point of market valuations and after the monumental run-up we’ve seen, IMO if you don’t have your dry powder ready in a big way, you are gambling heavy. I’ve booked profits and have some nat gas and oil stocks still in the game, but I’ve learned from previous downturns about not having cash ready to deploy. I might miss out on some up-side in the market if things continue but I sleep better knowing I won’t lose my shirt and I’m still making about 4.5 percent in the money market at the moment. As many have said before, it’s all about risk tolerance and I’m more a conservative in many ways. The next 3-6 months should be very interesting. Thanks to Adam and Jan for their time and efforts in bringing us this interview.
Buy the crashes not the dips
Love this guy. Top 3 guests.
I really like this guest. He clarifies complex information into a form that the average investor can understand.
Adam I love how you are always taking your audience along by clarifying points with your guests to whom those things might be obvious. Thank you great session
Yes..this is excellent 👌🏻
I watch a number of these financial podcasts, and this one is by far the best. Great job Adam.
Jan is just right to the point. Excellent
After seeing Elon Musk's masterful purchase of Twitter, I am assured.
🤣
Absolutely enjoyed Jan’s session. Loved to see him back.
Thank you Adam, and thank you for not spending energy on bitcoin.
Ngmi
Not everyone can be saved.
@@AMD-dx6yz you get it at the price you deserve
If he had spent some time on it over recent months, maybe his viewers would have actually made some money.
Instead of being constantly scared by 'fearful money'
@@friendlychat34 yep. this channel is detached from reality
The Whole "DOGE" thing sounds like a meaningless marketing exercise. I'm not sure why so many "experts" don't seem to see the obvious. Musk is an extremely successful salesman, he's not a process optimizer.
Musk has a conflict of Interest with MIC, he should be disqualify and if honest to disqualify himself from DOGE.
@@honestyfirst3994 AND a huge conflict of interest with Tesla too. I've never had such mixed feelings for a high-profile individual as I have for Elon Musk (and I have A LOT of mixed feelings about Trump, who I will never regret voting for three times!)
Listen to Ron Paul and he thinks they will quickly get stopped by the powerful interest groups.
Not sure how i missed Jan's last two visits with you. Shame on me! Really enjoyed this video. Thanks to both
Glad you enjoyed it
Great deal of wisdom in one hour 👍
He scoffed at the idea of a 25% correction and sees a 10% correction max. He also doesn't believe Bitcoin is in a bubble and isn't scared to invest in India now, after a gargantuan rally that resembles the one the US had in the 1920's. Basically, he believes it IS all different this time. and to be honest, it probably is at this point. Even though it's never been different before. I really don't envy conservative, history-minded money managers like Mike and John at a time like this! No one will ever accuse them of not having convictions.
He also thinks A.I. gains will spread across the market. What gains... there are no gains apart from selling chips & infrastructure . AI itself doesn't really produce much if anything.
China is probably only nation which uses AI for something productive.
Fantastic discussion
Excellent analysis from Jan
Thank you Sir
Thank you to Mike and John too
I always love listening to you Adam
Merry Christmas to you all !
Thank You Gentlemen
Jan is an awesome guest, very informative!
Glad you enjoyed it!
The future is uncertain...imagine that!
Great, great interview with Yan. He provided so much great info! Thank you!!
I’m all cash rn, but still riding the market up by selling puts on earnings. Up 10% in the last month. This market is stupid.
Intellectual property, what we used to call Goodwill 😎😉 39:49 AOL Time Warner, $54bn writedown, just sayin. Great when the stocks rising, when it turns will force a recalc of the goodwill, which should be discounted probably 75%. So on goodwill alone the S&P should drop 40%. Given some overshooting, 50-60% off seems reasonable.
That even reaches to seeds - not allowing farmers to save their own seed. It's nuts.
Another great interview. Thanks!
Amazing interview! What a great guest!
Im new to the crypto market. Every stocks that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the opportunities so far. I believe having $250K yearly income would be a good investment so I want to plug all my savings into the market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for good coins to buy and losing all the good opportunities.
Profitable trading requires experience, a solid strategy and preparation, which we lack, understand buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
Even with the right technique some investors would still make more than others, as a Capitalist, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to an adviser for management which was how I was able to grow my portfolio tremendously.
Pls can you recommend this particular coach you using their service?
My advisor is Melissa Terri Swayne, a renowned figure in her line of work. 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.
thank you for this tip , I must say, Melissa appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
Reserve currency status means American deficits = growth (domestic and global).
Stop spending and see how fast things unravel.
The solution is to run it hot, negotiate Plaza Accord 2.0, and work with the world to grow our way out (perhaps by bringing a billion people in the global south or impoverished west into the global middle class). If we can't find a new source of massive growth, the crash is inevitable and austerity simply brings it forward in time.
I get the impression you're planning on making Jan a regular part of this program. And in yesterday's weekly recap with Lance you alluded to having secured funding for new endeavors you wish to incorporate into the program. VanEck has a large footprint among the macro pundit class here on UA-cam, with their ads appearing on some of the most popular channels. Given your rise to the very top of this circuit, it's no coincidence that not only is he probably a part of this new funding you've secured, but he's also interested in appearing here in person. I've watched you from the beginning and I am a huge fan, having watched virtually every episode you've put out. I've watched many channels over the years and this one certainly stands out because of your professionalism & sincerity as well as your genuine desire to educate regular people like myself. And I was very happy to hear that you decided to strike out on your own last year to gain more independence in making decisions on which direction to take the show in. All that said, I don't like Jan and hope that you are able to maintain the independence of YOUR platform. Van Eck and others like him understand the importance of these forums in being able to not only fund their products, but move markets by shaping the predominant narratives driving investment decisions. He is a threat to the independence of this channel and many others. I urge you to be vigilant and do your part to stymy his efforts to transform successful social media personalities into mainstream talking heads that push the agendas of the wealthy & powerful. I find his endorsement of cryptocurrencies to be of particular concern, given that they have proven to be time and again the plaything of fraudsters, scammers, money launderers and criminals of all kinds far and wide. For a decade now I have followed these cycles over and over again with all the heart break and destruction that they have wrought. This time will be no different, as people will sooner or later realize that the same platitudes and promises behind these 'projects' are meaningless and worthless and offer no value to end users or society writ large. Jan wants in on the grift and is doing everything in his power to ensure that crypto reaches the elusive and coveted status of 'too big to fail' By placing the Wall St wrapper and seal of approval on this vaporware, we have essentially said to institutional investors that invest large sums on behalf of regular retirement savers, that it is safe and legitimate. It isn't. This is a ticking time bomb and a disaster is inevitable. I would hate to see your platform become the latest iteration of the mainstream financial media. The new CNBC, if you will. Value your independence above all else. Be discerning and don't let anybody else captain this ship
China has been uninvestable for 20 years, nothing's changed. Munger got fleeced. India interesting but a gamble - will they be shareholder friendly or will they be like Europe? There's a reason US equities are overvalued. If it's just a 10% correction, stay in the US and ride it out.
@@WorthyNorsemen Actually there's no reason for US to be overvalued, earnings haven't risen in 3 years. China is more investable, although US tries to sell it down. Munger made a fortune on BYD.
Mark my word, Trump and Musk won't reduce the deficit by a penny. They dump all the "savings" on their cronies.
Yep. I suspect they will make a lot of noise and make some trims, to save face but ultimately they gravy train will continue.
Excellent information!
Glad it was helpful!
Thanks, Adam.
Everyone expects that $7 trillion on the sidelines to flow into the market. But what if those now up in the market, take their profits off the table and also sit on the sidelines? Everyday the layoffs pile up. NO, wages have not kept up for Main St. America.
Why would money come off the sidelines to get some 40 PE apple stock, it's not happening assuming it's smart money like Buffett's $325 billion
The analysis of Great Depression causation is both right and wrong. Tariffs in the particular environment of the 1920s caused the deflation. The tariffs effectively broke down the financial chicanery the U.S., UK, France and Germany were using to nominally keep Germany on track with reparations while simultaneously financing a German and global economic recovery. Basically, the tariffs forced actual mark to market pricing onto a world where there was no agreement about what different currencies were worth (not everyone was back on a gold standard + the unique situation of Germany and France). Think of it as the same as when Lehman went under - everyone had to value their own book of mbs and guess the value of everyone else's book. That shut down trading and we all know the rest (funny how real price discovery so often leads to crashes). Beggar thy neighbor tariffs had the same effect in the late 20s into the 30s. Just look at relative pricing of commodities across the Atlantic in back half of 1920s.
Thank you Adam
We will have inflation and high for longer…. We will cut spending and employment is strong…. We are over valued but stay with stocks not long bonds, the crypto bubble will go way up, but it can go down 25 to 50 percent easily…..😊 got it!!!
Very interesting analysis on markets in general.
I disagree with Jan on investing anything at Bitcoin, and also wouldn't bet on inflation coming back, but rather think bonds are good investment currently. Granted that my bond portfolio is only around 20% US. Also, a great point on MSCI world indexes - they *ARE* broken….
Expensive US way overweight on World indexes. MSCI also reduced China on their EM ASIA index exactly when China was at its cheapest this year, China up 30%+ since then. Luckily I invested most directly at China index… and recently a bit on Korea index (which is at its cheapest now AND meanwhile having its smallest allocation in recent histoy in EM Asia Index).
Bonds have been horrible and i dont see any reason why they will stop being horrible
@@dudewheresmyguitar21 Higher interest rates give better deals when buying bonds.
@@thetjt if youve held them the last 2 years waiting for lower rates so your bonds can appreciate in price the last thing you want now is higher rates
@@dudewheresmyguitar21 Yes if you want to sell them. I was talking about buying now... I can't afford to invest all my money on stocks and then watch them crash for several years, so happy to put some money in bonds for some gain & safety.
China is stimulating because it sees global growth slowing, and in particular they are seeing the US slipping into recession. This is the same play that they made in 2008 when they turned on stimulus when US demand for chinese exports was collapsing
Jan can talk for an hour about inflation coming back, yet 1 day ago you released lances answer to inflation coming back which was “it cant”
LIKED!! 😊👍
Great. But happy Christmas - not happy holidays please.
Agreed, I hate the term happy holidays. Although in European traditions Yule is also ok, it was the whole season of Christmas.
I would like to ask your guest if he had created a China etf or would like to recommend one for a buy-and-hold investor? I think China's future is bright and will be wise for one to invest in.
I could only take about 9 minutes of this. What should you expect from someone like this - HE'S GONNA SELL HIS WALLET. Everything this guys says, he's selling his financial and political positions. This country has big deficits because the wealthy don't pay their share. He's so sanguine. LOOK, STOCK VALUATIONS ARE THE HIGHEST EVER RECORDED - MOST EVERYONE SHOULD BE ON THE SIDELINES WAITING, PULLING THEIR MONEY OUT OF RISK - AND WE GOT THIS GUY SAYING IT MIGHT RAIN - WHAT GREAT ADVICE.
Every money manager comes on and says to keep giving them money
It’s definitely a risky jurisdiction, but you should check out Brazil with the new port and railroad, which will open them up to Chinese markets.
Interesting to me when these financial guys comment about the cost of Social Security and Medicare in relation to ways to cut the deficit. Why do these financial pinheads never mention the defense budget as a way to cut with all its waste & unaccounted costs as well as the fact that our defense budget is bigger than the next 10 nations combined.
INDIAN NUMBER 1.
exactly, Adam. At the margin, and given high valuations, the impulse is very negative.
When was the last time the SPX traded at the 200 day moving average?
Great discussion, only comment I have is the 5-6 years to make a nuclear facility. Not a chance in hell. 10 years at least.
yup, the odds of seeing a new nuclear plant about the same as seeing a new oil refinery. Zero. I'm amazed that we actually have had a few LNG plants come on stream in the last decade.
The first new nuclear plant in the U.S. opened in two phases in 2023 & 2024. It was years behind schedule and billions over budget. Some things never change. And small nuclear seems wildly over hyped, every project is …… drum roll ……. Behind schedule and over budget.
@ thanks for that info, I was not aware. I find the miniaturization hype comical. We have had miniature reactors in nuclear subs for 60 years! A colleague pointed out that small land based reactors might make a convenient dirty bomb. 😂
@@MorganBrown @MorganBrown yeah it's counter-intuitive but what takes so long is the red tape and permitting. 4-5 years of just permitting and planning.
Unemployment rising, he had to cut
Adam can you make a video about the sudden booms in quantum computing stocks like QBTS and QUBT?
Easy to recognize the bottom. difficult at the top. Each of us knows when to start. Nobody knows when to stop. 😱😱😱😱
I found Van Eck disappointing. He started by shilling for Trump (ok, whatever). But I found his take on "AI" very "finance guy" and not "tech guy". Let's take his Salesforce example. Salesforce is presumably cannibalizing its user data and creating some type of AI model. Assume that their customers don't revolt and are willing to be upsold by this AI product. They are paying more to get more sales. Presumably the AI tool would give the salesforce customers more leads. But what happens when EVERYONE IS SELLING TO "MORE" LEADS? Will this trickle down to more revenue to the salesforce customers? In the long run, salesforce AI doesn't create more potential sales targets. Van Eck's "AI trickle down" is going to be a bust. And it's comical that Van Eck seems to conflate the much larger trends of automation with "AI" and TO THE MOON growth in NVDA and server farms. An oil company would benefit from automation technology to streamline field management. You can call this "AI" if you like, but why would oil company automation technology justify a giant server farm? It wouldn't.
Thankyou !
"All credible sources say DOGE will do very little."
Immediately, you should think, DOGE is going to do a good amount of cutting.
lol
Elon and DOGE isn't gonna do shit.
At this point it actually feels like the appropriate way to “get long” this market is with longer dated call options where time is on your side and thus theta decay isn’t bad. Reduce capital exposure with some leverage and then at least it we do get a correction, then you’ll have more powder available and take smaller losses. Plus it’s also still a viable source of tax loss.
That sounds like a way to throw your money away for no reason
@@gentronsevendepends if you’re investing or speculating
I'd have to say this guy needs to debate Danielle dimartino booth in saying that the markets are hot or the economy is hot
Why is service inflation continually going up when low wage workers are in abundance through immigration??
Wages are kept high,because small businesses has to keep up with Government job pay scales to retain staff. Not exactly fair when Government doesn't have to make a profit.
If you are interested in investing in India, besides $INDA etc, $INCO outperforms.
Demographically, India is a sure thing. But I would personally have to wait until after they get their first Western-style credit bust. I refuse to believe that they have perfected banking, credit, greed and markets and won't live the same "growing pains" the US markets did in the thirties, to at least some large degree.
His comment about India being independent of the US economy is simply not true. India's growth is being driven by US companies outsourcing labor to India in GBS and GCC projects. US companies are now looking to automate all of that work and that will cause extreme pain for the Indian economy. Think about call centers and IT desks that have moved to India in the last 5-10 years, these will all be re-shored and automated over the next 10 years. So I actually believe automation in US companies is going to cause the Indian economy to stagnate between now and 2030. I would not be investing there.
Any concerns of the government stealing Chinese stocks?
Get the likes up people!
Workers? Adam still not done his homework.
Cost of goods is lower now than it was in 2021?????
Remember why Granny reused her aluminum foil. Always buy the heavy duty stuff.
What are you up to right now?
This person manages $100+ billion in assets but doesn't understand how tariffs caused the prices of those goods to decline? WTF!
Yaaaa boy.
One hour 21 minute vid w/no time stamps hard pass.
I wish dear friend Adam would just allow the guest to talk. It would be less work for him and better content.
Rich people don't care about 30% more for groceries. The rest of us are still outraged when we go through the checkout. Concern about inflation is still there, the current price jump that isn't going back down. Wait until the second spike happens.
2nd, 15 December 2024
India, very expensive, earnings are missing, economic data missing, Adani corruption goes to the very top ...good luck
Adam was stunned at the potential Bitcoin price. I'm not sure why people can't get their head around Bitcoin. We are at the crossroads of a failing monetary system. Bitcoin is giving people a choice to opt into a system, which is counter to the current system. Not only that, Bitcoin is scarce, immutable, transportable, and ready for the new age of AI and technology. Great presentation Jan.
Bitcoin is not a medium of exchange or a store of value. Therefore, it can never be a replacement currency. It's a massively risky speculative asset, that's it!
@Eric-m2f3d it may surprise you. Lots of things are happening in the space on different layers. It's out in the wild and being used worldwide..
Jan is an excellent guest. World experience. Incredible knowledge. I believe nuclear will be driven by small nuclear reactors. Much shorter time to complete and make operational.
His numbers are all wrong 😂WTF ? !!!
Significant reduction of regulations will free up the economy, encourage business formation. Could be far greater impact than just the government cost cutting
If he think that india will be like europe it means he has never been there ..
🤣
You haven’t talked about Bush Tax cuts for the rich! How is this fair? Hardship for
Workers but not billionaires!
it is never about the workers. Never!
Finally a reasonable wall st fat cat instead of the 16 year doomsayers
the US became industrially dominant because the rest of the world destroyed their industry. But I guess you need a dream or something
His opinion, though right, is and has been UN-reasonable. The US has gone through a recession every 7-8 years and we're now overdue by a factor of 2. Longest run of American "prosperity" on record. The gamblers won this game of chicken big time and the history followers got head-faked and handed a bag of coal by the central banks (to put it kindly).
According to the guest, holding or even buying bitcoin at the all time level is good because it can go to $150K to $160K by the end of 2025 or early 2026. But, holding or even buying SPY is not so good because it's at all time high?