The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Very true, you can be passively involved in the markts and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favourable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts or advisors with experience since the 08' crash.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
Would you be willing to provide information about the advisor who aided you? As a 39-year-old, I am eager to expand my stock portfolio and devise a retirement plan.
The advisor that guides me is Annette Christine Conte , most likely the internet is where to find her basic info, just search her name. She's established.
Tracy Annette webb is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
@@KimoKapaku yes, it’s the first time I’ve seen George and I’m impressed-by them both actually. Hope to see more of George in the not too distant future as his analysis really resonates with me.
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
I'd advice you read up some good books on finances and investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree, having a portfoIio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $620k with the help of my advisor from an initial $120k investment thus far.
It's a good time to buy and basically I've just got cash sitting duck in the bank too and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Michelle allows her guests to speak. She doesn't need to interrupt nor inject her opinion nor demonstrate her intelligence. this is why she is a great interviewer.
@@robertsattler8201 The central bank has shifted the liabilities of banks onto the back of the nation (public). So yea it will be harder, but not for the perpetrators who created these bad loans.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
Yes, Angela Rodriguez Elias she is a great woman of God who has the great insight on QFS, NESARA, XRPL and the Humanitarian Project. She will guide you on how to switch to the qfs banking before the global currency reset takes place. Don't be a victim of that great reset. Get ready for Gesara Nesara, switch into the QFS for your own safety.
This concerns a banking recession. The general population has been in recession for several quarters. The data we receive is constantly revised down. Normal people already know.
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
This is precisely why I like having an asset manager look over my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a manager for more than two years, and I've made over 85% of my initial amount
When I say that the market crash and soaring inflation have me genuinely anxious about retirement, I mean it. I've been experiencing financial difficulties for some time now, and while I understand that these times have their benefits, I'm going crazy. Consider the long term when investing, as it is a long-term endeavor.
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
I have learned so much from George Gammons. He is very modest about his understanding of macro economics. His white boards are a great teaching tool in three easy steps. He's a good guy.
Banks are struggling because loan portfolios are upside down right now. They lent trillions at sub 3.5%, now inflation is 8%-12% with the new "normalized" inflation projected to settle around 4%, which means all those loans are underwater after inflation. These will become the new "toxic assets" to be bought up by the Fed.
Wow, George really breaks down the complexities of economic indicators and banking behaviors in a way that’s both enlightening and accessible. His explanation of the inverted yield curve and its historical significance as a recession predictor are particularly insightful. It’s clear that he’s not only well-versed in macroeconomic trends, but also deeply understands the systemic risks that are often overlooked. This video is a must-watch for anyone looking to grasp the underlying currents shaping our economic future. Thanks for such valuable perspectives!
Interesting conversation on a deep, complex and critical topic. George Gammon gives explanatory details in ways that the non-professional audience (eg, me) can understand and learn from. I continue to be amazed how well Michelle can follow the guest’s arguments and have ready quotes and stats, and also tuck in definitions or background info to help the audience follow along. Either Michelle is supremely organized and prepared, or she has a support team that listens for trends in the conversation and shoots related material to her in case she needs it.
It was a good discussion but they are mixing up socio-economic factors with the state of the financial markets. If it's true as Michael Howell has been saying for ages that the market, especially since 2008-9 is basically a debt re-financing mechanism, all that really matters in terms of making an investment decision is global liquidity. How many people are homeless in some area of the country is not related to this, even if you think it's a sign that the economy is in / will go into a recession. In fact if you think there's a recession coming this is the best time for markets, as central banks are more likely to inject liquidity
I really enjoyed this. Loved how George commended Michelle on her “homework”…it makes her one of, if not the best in the industry. Who needs mainstream media…lol;) Thank you both.
@@mwilliamson4198 He is accurate and on top of his game. A dark set of days is coming. Did you see how the huge cargo ship hit the bridge.. By illustration… That is the “little” “slip” in the economy. It will come back over a bit of time.. long before the actual bridge will. The question is, will individuals come back or drag through misery for a long time??
@@Demondcooks Gold futures are the only bullet-proof thing out there, and with the shortage of many r.e.e's, rare Earth elements is another avenue to explore when trying to be recession-proof one's portfolio.
Depends on your finances . 1000$ in NVDA17K is 4000 NVDA17K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
If the economy was doing well we wouldn't have so many people going to food banks and on food stamp cards. We are in a depression now. Can't afford car's housing food medical care
Where do you see that in massive numbers?! There are still many jobs not filled! The problem is many in USA abuse with drugs!! So of course they can not work and need food help and housing help if their families not helping them and they don't do rehabilitation seriously!
One of the best guests i have ever seen on this show. This man is smart and very good looking. I found his channel on you tube and now am a subscriber to Mr. George Gammin. So nice to see a guests that truly gets it and isn't afraid to speak his mind. Something very rare now a days. Great interview.
Best video I have seen in 5 years. I watch both of you often. Thank you for trying to let the American people know, Like Ostridge's with their heads in the ground. Thanks for honesty! Soooo refreshing,,,,,
*Amazing video, 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*
Great Interview. I agree with George, Michelle does great job of interviewing; does her homework and asks appropriate questions that helps me learn and understand the economy and markets. Knowlege =better decisions. I hope you will have George back!!
Our business has started to do well since last year. It only does well during a recession. We are definilty in a recession. People stay local and are more concerned with their pocket books. It has a 7 year up cycle during bad times (last gfc) and 7 year down cycle when economy gets better.
It's sad how difficult things have become in this recessive economy. I was wondering how to utilize some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my stock portfolio from decline, but haven't figured which way to go.
Very difficult indeed, but when the going gets tough, the tough gets going. You have to learn and handle finances properly. you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows. Don't go for penny stocks.
Yeah, it's supposed to have an element that the Chinese haven't cracked. Also, with digital currency, surveillance and storage are huge---but do you really want to support our path to slavery?
Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.
To "buy the dip" It will be profitable in the long run. However, investors should be wary of the bull run. It is advisable to connect with a skilled adviser to fulfill your growth objectives and prevent mistakes. High interest rates typically result in lower stock prices.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jessica Lee Horst” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.
ALL PLANNED OUT CONTROLLED DEMOLITION 💥 depression coming in 2029 symbolically of 1929 depression during next SHMITA 2028-2029💥debt market collapse imminent
He's mixing up socio-economic/macroeconomic factors with the state of the financial markets. If it's true as Michael Howell has been saying for ages that the market, especially since 2008-9 is basically a debt re-financing mechanism, all that really matters in terms of making an investment decision is global liquidity. How many people are homeless in some area of the country is not related to this, even if you think it's a sign that the economy is in / will go into a recession. In fact if you think there's a recession coming this is the best time for markets, as central banks are more likely to inject liquidity
soft landing is certainly part of the propaganda engine, but I think there is more to it. Many commentators including George mix up socioeconomic/macroeconomic factors with the state of the financial markets. If it's true as Michael Howell has been saying for ages that the market, especially since 2008-9 is basically a debt re-financing mechanism, all that really matters in terms of making an investment decision is global liquidity. How many people are homeless in some area of the country is not related to this, even if you think it's a sign that the economy is in / will go into a recession. In fact if you think there's a recession coming this is the best time for markets, as central banks are more likely to inject liquidity
THE US NATIONAL DEBT WILL NEVER BE PAID OFF! Every year for the rest of your life, part of your Federal tax bill will be spent to pay the annual interest payment on the National Debt. This debt occurs, in any given year, when Congress spends more money than they receive in taxes. Every year Congress only pays the “interest” on the National Debt. Congress does not pay for the money they borrow, Congress only pays the interest on the money they borrow. The total amount of money Congress has borrowed and not paid back is the National Debt. Presently it stands at $35 trillion dollars. So how can Congress never pay back the money they borrow? Because they make the rules on how to pay back money they borrow. An example: Suppose by July 2023 Congress has spent all the tax money the nation has sent in for taxes for 2023. Suppose an Interstate Bridge bridge falls down in Baltimore, Maryland in August 2023. Suppose a new bridge costs $5 billion dollars. Congress has no tax money, they already have spent all of it by July 2023. So they borrow the money. Congress tells the Treasury Dept: get me $5 billion dollars. The Treasury has an auction and does all the paperwork and lines up the lenders to provide them with $5 billion dollars. The terms are as follows: the Treasury will pay the lenders 5% interest on the $5 billion borrowed every year for 30 years. On the last day of the contract, the Treasury will return the original $5 billion. The bridge gets built. Hopefully nothing else will go wrong for the rest of the year or years, like a major Hurricane, or a major earthquake in CA, or a major military escalation in another part of the world, or any major repairs to any infrastructure critical to the nation, or another major epidemic, or an “out of nowhere” terrorist attack, or a recession or depression, etc. 30 years go by and it is the last day of the contract. Congress needs $5 billion to meet the final payment. Problem: Congress does not have $5 billion to pay the lenders. So the Treasury conducts auction (number two) to raise $5 billion, but this time the lenders want 6% interest. Both lenders and the Treasury agree. Same rules as before except the interest rate is now 6% vice 5%. The Treasury receives the $5 billion and pays off the $5 billion from the original auction. The Treasury will still need to pay $5 billion at the end of the next 30 year period. Congress only pays the yearly interest payment every year for 30 years and the process is repeated again. Bottom line: Congress never pays off the original loan. Congress only pays the interest on the loan. Congress basically uses an “interest only” credit card every time they borrow money. The original $5 billion loan is never paid off and is just added to the National Debt, which grows larger every year. The only time the US was completely debt-free was in January 1835, during the presidency of Andrew Jackson. Because of all the loans not paid off, America has now accumulated a National Debt of $35 trillion dollars. In 2024, Congress and the President authorized another $1.9 trillion dollars to be added to the National Debt. It does not matter whether a Republican or a Democrat is elected President - the American taxpayer will pay $1 trillion dollars in interest on the National Debt in 2026. Bottom line: The only practical way to decrease the National debt is for Congress to spend less than it receives in taxes. The extra money is used to pay off part of the debt. Do you think Congress, the President, and the American people can form a consensus to accomplish this objective?
At 10:00 ff George makes some very good points about the creation of dollars and conversely the downturn in the money supply. At 20:00 ff Selling off liquid assets before maturity is also an important point.
With Most Regional Banks at the risk of failing it could be an indication of an economic Recession which could be devastating .I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
My CFA Carol Vivian Constable, 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.
I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.
Accumulative Errors. If you start the Equation with incorrect data your result will always be wrong,and every other measurement in-between is wrong aswell
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
The banks are lending big time with business credit cards so they can get the big interest return to help offset the higher interest the banks must pay to depositors.
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Very true, you can be passively involved in the markts and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
George was especially sharp today and Michelle was smart to let him fully explain all of these concepts. Good job on both sides.
Very intuitive of you!
Agreed solid interview
yep , and lots of great info
Agree. I can't listen to him on his own channel. Waffles on too much. Straight to the point on this one (even if he repeated his points many times).
It's a slow moving hurricane. 😊
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favourable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts or advisors with experience since the 08' crash.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
Would you be willing to provide information about the advisor who aided you? As a 39-year-old, I am eager to expand my stock portfolio and devise a retirement plan.
The advisor that guides me is Annette Christine Conte , most likely the internet is where to find her basic info, just search her name. She's established.
Tracy Annette webb is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
George Gammon is legit and probably one of the best guests kitco gets periodically. His way of explaining things is by far the easiest to understand
😊
Imagine him teaching economics in a high school, he would produce the brightest financial generations.
@@rodrigopino9032Schools these days probably would not allow that.
@@KimoKapaku yes, it’s the first time I’ve seen George and I’m impressed-by them both actually.
Hope to see more of George in the not too distant future as his analysis really resonates with me.
He wud NEVER be offered a job at any college !!.@rodrigopino9032
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
I'd advice you read up some good books on finances and investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree, having a portfoIio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $620k with the help of my advisor from an initial $120k investment thus far.
It's a good time to buy and basically I've just got cash sitting duck in the bank too and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Michelle allows her guests to speak. She doesn't need to interrupt nor inject her opinion nor demonstrate her intelligence. this is why she is a great interviewer.
Well said ... she is always well prepared and let her guests elaborate freely.
The longer the crash is postponed - the harder it will be!
nope
@@datamine9833ok genius!
I shares pro short; qqq
Been postponed since “08” with deficit spending
@@robertsattler8201
The central bank has shifted the liabilities of banks onto the back of the nation (public).
So yea it will be harder, but not for the perpetrators who created these bad loans.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
I think QFS, XRPL and the Humanitarian Project are the solution for this.
Do you know how I can switch to QFS banking?
Yes, Angela Rodriguez Elias she is a great woman of God who has the great insight on QFS, NESARA, XRPL and the Humanitarian Project. She will guide you on how to switch to the qfs banking before the global currency reset takes place. Don't be a victim of that great reset. Get ready for Gesara Nesara, switch into the QFS for your own safety.
How may I reach her?
This concerns a banking recession. The general population has been in recession for several quarters. The data we receive is constantly revised down. Normal people already know.
Obama proved banks were to big to fail. Just ask Hank Paulson, his best friend.
The middle class and below have been in recession every single quarter since the mid 1970's hah
@@xraceboyex I worked for 3.00 per hour, for years back then.
@@BIgBass255 Minimum wage then, 3.00: avg house then, 40,000::minimum wage now, 7.25:avg house now, 400,000
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
This is precisely why I like having an asset manager look over my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a manager for more than two years, and I've made over 85% of my initial amount
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
"Jessica Lee Horst" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
Thank you for sharing, I must say, Jessica appears to be quite knowledgeable.
When I say that the market crash and soaring inflation have me genuinely anxious about retirement, I mean it. I've been experiencing financial difficulties for some time now, and while I understand that these times have their benefits, I'm going crazy. Consider the long term when investing, as it is a long-term endeavor.
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I love George Gammon. Thanks for having him on!
Excellent show. Appreciate it when you have this guest on. He has such great insights and great info. Keep him coming 🤗
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I have learned so much from George Gammons. He is very modest about his understanding of macro economics. His white boards are a great teaching tool in three easy steps. He's a good guy.
I am happy to see Rebel Capitalist on your show. He does well showing the charade. You all are so close to seeing the truth.
Lynette Zang is another one that I like to watch. She really explains things well and is entertaining!
Top class, George
Timing is impossible to predict, but the leading indicators that George identifies are spot on...
Banks are struggling because loan portfolios are upside down right now. They lent trillions at sub 3.5%, now inflation is 8%-12% with the new "normalized" inflation projected to settle around 4%, which means all those loans are underwater after inflation. These will become the new "toxic assets" to be bought up by the Fed.
Ty
This guy doesn’t get it
It is not just the underwater _Treasuries_ and other loans. It is the non performing commercial assets and other items that are falling off a cliff...
They will flood the banks with money to take ownership of the assets. You will own nothing and love it. 😅
@@mlbonfox8199He absolutely gets it
It was worthless paper money they kept printing and handing out
“HELLOOWWW FELLOW REBEL CAPITALISTS HOPE YOURE WEEELLLL!!!!HEHEHEHE”
🤣🤣🤣🤣🤣
Nailed it! :P
Agree, George. Michelle is an excellent interviewer.
Wow, George really breaks down the complexities of economic indicators and banking behaviors in a way that’s both enlightening and accessible. His explanation of the inverted yield curve and its historical significance as a recession predictor are particularly insightful. It’s clear that he’s not only well-versed in macroeconomic trends, but also deeply understands the systemic risks that are often overlooked. This video is a must-watch for anyone looking to grasp the underlying currents shaping our economic future. Thanks for such valuable perspectives!
820 credit score, asked my bank for a loan was told they are not doing loans....WTF are called a bank for???
Ditto lol. Worthless
The funniest part of it is that they don't even have the money they would be "loaning" to you. lmao
Interesting conversation on a deep, complex and critical topic. George Gammon gives explanatory details in ways that the non-professional audience (eg, me) can understand and learn from. I continue to be amazed how well Michelle can follow the guest’s arguments and have ready quotes and stats, and also tuck in definitions or background info to help the audience follow along. Either Michelle is supremely organized and prepared, or she has a support team that listens for trends in the conversation and shoots related material to her in case she needs it.
🎉🎉
It was a good discussion but they are mixing up socio-economic factors with the state of the financial markets. If it's true as Michael Howell has been saying for ages that the market, especially since 2008-9 is basically a debt re-financing mechanism, all that really matters in terms of making an investment decision is global liquidity. How many people are homeless in some area of the country is not related to this, even if you think it's a sign that the economy is in / will go into a recession. In fact if you think there's a recession coming this is the best time for markets, as central banks are more likely to inject liquidity
I really enjoyed this.
Loved how George commended Michelle on her “homework”…it makes her one of, if not the best in the industry.
Who needs mainstream media…lol;)
Thank you both.
No way would you get this insightful, independent long form analysis on the mainstream. Sometimes Bloomberg by accident gets guests on who get close.
They lie anyway!
'This time is different' - those are very dangerous words: Jim Rogers
The guy who invested in China and can’t get his money out?
I was a student of his in the 1980's. Smartest man I ever met.
@@mr.g1758 it's all simple, but not many can do it
Guess, everyone forgets Jamie Dimon told the world in a TV interview like 18 or 19 months ago that a “hurricane is coming “.
Let's hope he's about as accurate as most weather forecasters
They ignored him. Now they will pay the piper.
@@mwilliamson4198
He is accurate and on top of his game.
A dark set of days is coming.
Did you see how the huge cargo ship hit the bridge..
By illustration…
That is the “little”
“slip” in the economy.
It will come back over a bit of time.. long before the actual bridge will.
The question is, will individuals come back or drag through misery for a long time??
It was plainly obvious when you turned off the TV & understood that we are totally manipulated by the lying msn and their puppet masters
Money moves in a circle it’s always a hurricane 🌀
The best statement"if the economy is so good,than why aren't the banks lending?"
I believe banks actually lend if the economy is bad, that will be the time to print excess money
Maybe because people are actually borrowing LESS because its too expensive to service the interest rate?? Hmm??
george "Doom Loop" fearmongerer gammon
@@doppelganger9254 that doesn't make any sense on the face of it, why would people borrow LESS when times are GOOD.
@@JosephGarey-ei7iealso if times were good, why would interest rates be so high?
@@Demondcooks Gold futures are the only bullet-proof thing out there, and with the shortage of many r.e.e's, rare Earth elements is another avenue to explore when trying to be recession-proof one's portfolio.
The Fed has never engineered a soft landing. The question is…. Do they want to? Or does someone benefit by a hard landing?
You'll never get these answers on RUclips because the comment will be deleted. The Fed is an adjunction bank, so it is limited in its capabilities.
Interesting; who benefits from a “hard” landing? Let me know
If it's like 2008 easy to see....
@@anthonyperrone8083 Whoever is sitting in cash, the large banks, BRICs to name a few.
Only the elite benefits from a crash, unless you can short precisely at the right time. All modern monetary systems are ponzi schemes!
Great to see George on here.
Another great interview with Michelle.
Depends on your finances . 1000$ in NVDA17K is 4000 NVDA17K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
This is a fantastic way to jump on the fast track to losing all of your money
8==D~~😅
This dude is whacked
SPAM
All I hear from this comment is: "Commodities are on sale, commodities are on sale, commodities are on sale"
If the economy was doing well we wouldn't have so many people going to food banks and on food stamp cards. We are in a depression now. Can't afford car's housing food medical care
Truth
Yes. "Doing well" is a relative term.
Where do you see that in massive numbers?!
There are still many jobs not filled! The problem is many in USA abuse with drugs!!
So of course they can not work and need food help and housing help if their families not helping them and they don't do rehabilitation seriously!
@@l.k.7940 Massive numbers? How about all the defaults on debt payments?
@@RussCR5187 Are you just assuming that or where you base it on? Bcoz have not seen any reports about any massive debt defaults either.
One of the best guests i have ever seen on this show. This man is smart and very good looking. I found his channel on you tube and now am a subscriber to Mr. George Gammin. So nice to see a guests that truly gets it and isn't afraid to speak his mind. Something very rare now a days. Great interview.
Best video I have seen in 5 years. I watch both of you often. Thank you for trying to let the American people know, Like Ostridge's with their heads in the ground. Thanks for honesty! Soooo refreshing,,,,,
Thanks for watching!
Tour de France analogy is brilliant. Thank you.
WISH..HED SAID..ALL CRASH TOGETHER..WHEN THEYRE ENTIRE ROADWAY..OPENS INTO A CREVASE:)
Also 40 banks just failed in China. It is going global.
China is printing like crazy now. The money will make it into the market.
@@Fearzero Boi, your dumb with that comment
Anymore BS from CIA & MIC dummies ???
Doesn't China own at least 10% of our economy, and our nuclear program? They will want collateral, if we offer them promissory notes.
@@cambriawellness3102They also own 60% of our politicians.
Excellent show. Thanks.
Wow kitco brings in George? Impressive
Been on a few times
They're bringing in the heavy artillery now.
You must be a noob.
Kitao has been wrong about gold for so long, they had to pivot.
That's so cool, Georgie at Kitco 😁
*Amazing video, 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*
Waking up every 14th of each month to 210,000 dollars it’s a blessing to I and my family… Big gratitude to Maria Frances Hanlon🙌
She's always active on Whats~App... 🎉
Her number down below ✨
+136
1596
Great Interview. I agree with George, Michelle does great job of interviewing; does her homework and asks appropriate questions that helps me learn and understand the economy and markets. Knowlege =better decisions. I hope you will have George back!!
Our business has started to do well since last year. It only does well during a recession. We are definilty in a recession. People stay local and are more concerned with their pocket books. It has a 7 year up cycle during bad times (last gfc) and 7 year down cycle when economy gets better.
Michele, your questions are so on point, also love how you provide ample time to reply to such articulate in depth questions. Love your interviews.
It's sad how difficult things have become in this recessive economy. I was wondering how to utilize some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my stock portfolio from decline, but haven't figured which way to go.
Very difficult indeed, but when the going gets tough, the tough gets going. You have to learn and handle finances properly. you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows. Don't go for penny stocks.
This guy is smart and she’s asking the right questions 🎉
🚨BANK RUN SEASON🚨
Why is NVDA17K doing so well? That is concerning to me.
AI
Yeah, it's supposed to have an element that the Chinese haven't cracked. Also, with digital currency, surveillance and storage are huge---but do you really want to support our path to slavery?
SCAM
Chips used to enslave you.
jeet scam spammer
Michelle is glowing !! 😊 Geo,,,,, it's cocktail time
Are you kidding? they continue to make loans to people who can't afford them.
Best bet for 100x is going to be NVDA17K , once its on major exchanges it will explode.
You all must think people are stupid... everyone knows that this is bot paid advertising
Troll !
@@margrietlaan8020 -- worse! - the OP is a scambot!
@@adamhatcher6620 --- yes!
automated, AI bot fraud!
IT WILL EXPLODE AND CRASH!!
George is my favorite guest. Fantastic interview. Thanks Michelle!
Mine too. Rarely wrong!
Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.
To "buy the dip" It will be profitable in the long run. However, investors should be wary of the bull run. It is advisable to connect with a skilled adviser to fulfill your growth objectives and prevent mistakes. High interest rates typically result in lower stock prices.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jessica Lee Horst” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.
Bravo George Gammon!!!
Good to see the Nonad on Kitco
Thank you, Michelle & George!
Nice to report the data in the beginning, should be done every week.
Every time i listen to George Gammon i take notes
Another brilliant video thanks
Go George go!
It did happen in 1981-1982 and we had a huge economic boom in 1983-1990
ALL PLANNED OUT CONTROLLED DEMOLITION 💥 depression coming in 2029 symbolically of 1929 depression during next SHMITA 2028-2029💥debt market collapse imminent
George is a macro master, he points out that we’re in a recession already.
He's mixing up socio-economic/macroeconomic factors with the state of the financial markets. If it's true as Michael Howell has been saying for ages that the market, especially since 2008-9 is basically a debt re-financing mechanism, all that really matters in terms of making an investment decision is global liquidity. How many people are homeless in some area of the country is not related to this, even if you think it's a sign that the economy is in / will go into a recession. In fact if you think there's a recession coming this is the best time for markets, as central banks are more likely to inject liquidity
Storm clouds have been hovering for the last three years. I no longer listen to RUclipsr economic experts.
Is Gammon wearing a Ric Flair shirt?? I love this guy. 👍😂
Yes! Looks like Flair…bring back WWF 🤼
Woooooo!!!🤣
Wooooooo!!!
Thank you 🎉🎉🎉
Two of my favourite people 🎉🎉🎉🎉
I still can’t believe citizens fall for the sweet talk about a “Soft Landing”??? There has never been one
Exactly
the money supply is going up, again
soft landing is certainly part of the propaganda engine, but I think there is more to it. Many commentators including George mix up socioeconomic/macroeconomic factors with the state of the financial markets. If it's true as Michael Howell has been saying for ages that the market, especially since 2008-9 is basically a debt re-financing mechanism, all that really matters in terms of making an investment decision is global liquidity. How many people are homeless in some area of the country is not related to this, even if you think it's a sign that the economy is in / will go into a recession. In fact if you think there's a recession coming this is the best time for markets, as central banks are more likely to inject liquidity
Michelle inquires. That's the difference. No punditry, striving for transparency 👌
The most anticipated recession ever. Still waiting….
THE US NATIONAL DEBT WILL NEVER BE PAID OFF!
Every year for the rest of your life, part of your Federal tax bill will be spent to pay the annual interest payment on the National Debt.
This debt occurs, in any given year, when Congress spends more money than they receive in taxes. Every year Congress only pays the “interest” on the National Debt. Congress does not pay for the money they borrow, Congress only pays the interest on the money they borrow. The total amount of money Congress has borrowed and not paid back is the National Debt. Presently it stands at $35 trillion dollars.
So how can Congress never pay back the money they borrow? Because they make the rules on how to pay back money they borrow.
An example: Suppose by July 2023 Congress has spent all the tax money the nation has sent in for taxes for 2023. Suppose an Interstate Bridge bridge falls down in Baltimore, Maryland in August 2023. Suppose a new bridge costs $5 billion dollars. Congress has no tax money, they already have spent all of it by July 2023. So they borrow the money.
Congress tells the Treasury Dept: get me $5 billion dollars. The Treasury has an auction and does all the paperwork and lines up the lenders to provide them with $5 billion dollars. The terms are as follows: the Treasury will pay the lenders 5% interest on the $5 billion borrowed every year for 30 years. On the last day of the contract, the Treasury will return the original $5 billion.
The bridge gets built. Hopefully nothing else will go wrong for the rest of the year or years, like a major Hurricane, or a major earthquake in CA, or a major military escalation in another part of the world, or any major repairs to any infrastructure critical to the nation, or another major epidemic, or an “out of nowhere” terrorist attack, or a recession or depression, etc.
30 years go by and it is the last day of the contract. Congress needs $5 billion to meet the final payment. Problem: Congress does not have $5 billion to pay the lenders. So the Treasury conducts auction (number two) to raise $5 billion, but this time the lenders want 6% interest. Both lenders and the Treasury agree.
Same rules as before except the interest rate is now 6% vice 5%. The Treasury receives the $5 billion and pays off the $5 billion from the original auction. The Treasury will still need to pay $5 billion at the end of the next 30 year period. Congress only pays the yearly interest payment every year for 30 years and the process is repeated again.
Bottom line: Congress never pays off the original loan. Congress only pays the interest on the loan. Congress basically uses an “interest only” credit card every time they borrow money. The original $5 billion loan is never paid off and is just added to the National Debt, which grows larger every year. The only time the US was completely debt-free was in January 1835, during the presidency of Andrew Jackson. Because of all the loans not paid off, America has now accumulated a National Debt of $35 trillion dollars.
In 2024, Congress and the President authorized another $1.9 trillion dollars to be added to the National Debt. It does not matter whether a Republican or a Democrat is elected President - the American taxpayer will pay $1 trillion dollars in interest on the National Debt in 2026.
Bottom line: The only practical way to decrease the National debt is for Congress to spend less than it receives in taxes. The extra money is used to pay off part of the debt. Do you think Congress, the President, and the American people can form a consensus to accomplish this objective?
You just answered your question in the same sentence. The government lieing about the numbers.
"Lieing"?
At 10:00 ff George makes some very good points about the creation of dollars and conversely the downturn in the money supply.
At 20:00 ff Selling off liquid assets before maturity is also an important point.
With Most Regional Banks at the risk of failing it could be an indication of an economic Recession which could be devastating .I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
My CFA Carol Vivian Constable, 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.
I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.
Phenomenal interview. Gammon has great perspective.
Love George and his laugh!
Infectious!!
Finally someone who makes completely sense
No he doesn't, he looks at only 1 or 2 indicators, been saying this stuff for yrs and yrs.
Love his hat
Thank you for all the expert professional information.
Accumulative Errors. If you start the Equation with incorrect data your result will always be wrong,and every other measurement in-between is wrong aswell
George Gammon is top shelf!! Stiff drink time for those that know. Highly recommend his channel.
And ppl say that men don’t like good looking and smart women. Her intellect brings her good looks even more to shine!
Who says that, lol? Dream woman
She looks old here. She looks better and younger just a year ago 😊
George is so good, thanks from Australia.👍🏼
2 great voices in the world financial space
Great guest. He knows his stuff!!
Thanks for NVDA17K And AERO
Michelle here, and to a lesser degree George, give us an excellent view of the bust up ahead.
ISWYDT 😂
Speaking of bust, I'm here to check out Michelle 😊
After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
I'm 37 and have been looking for ways to be successful, please
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
Great to see you guys talking about her, she changed the game for me.
@@AngelicLove1its BS
Thank you kitco!
The banks are lending big time with business credit cards so they can get the big interest return to help offset the higher interest the banks must pay to depositors.
Also, worth mentioning; the Nature Boy shirt should speak to every (retail) Investor. Those of us... (pesky) Generation X. Thanks again George!!
Yessss George. Highly recommend his RUclips channels. You will learn a lot
Great summary of the situation. Well done, both of you.
Excellent, thank you!
This guy has so much knowledge, so well worth the full listen
Love George....
After he mentioned Trump, I just realized I just wasted 1 hour 13 minutes of my life. Damn!!!
Best interviewer on you tub
Great content! Great interview. Danielle gives me hope knowing there are genuinely good people in these industries.
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
Great and insightful interview
Great stuff, let's go Rebel Capitalist!