‘Reset Of A Lifetime’; Markets Signal 'Global Deflationary Recession' | Mike McGlone

Поделиться
HTML-код
  • Опубликовано: 27 окт 2024

Комментарии • 540

  • @TheDavidLinReport
    @TheDavidLinReport  2 месяца назад +14

    Remove your personal information from the web at joindeleteme.com/DAVIDLIN, use code DAVIDLIN for 20% off DeleteMe international Plans: international.joindeleteme.com
    Which assets will perform the best during a "global deflationary recession"?
    Subscribe to my free newsletter: davidlinreport.substack.com/
    FOLLOW MIKE MCGLONE:
    Twitter (@mikemcglone11): twitter.com/mikemcglone11
    LinkedIn: www.linkedin.com/in/mike-mcglone-a8442513/

    • @stratcaptain66
      @stratcaptain66 2 месяца назад +1

      Blockchain technology was patented by IBM in 1991, then sold to the NSA in and around 2001, Bitcoin appeared just after the GFC. Would the powers that be want a totally traceable and digital currency? You bet they would.

    • @janejohndoe348
      @janejohndoe348 2 месяца назад +1

      Finally, an informative guest again

  • @TommyChong677
    @TommyChong677 Месяц назад +890

    The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly

    • @tinsleyLuna
      @tinsleyLuna Месяц назад

      You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings,

    • @Cynthia-mm1cv
      @Cynthia-mm1cv Месяц назад

      I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

    • @mandyyonge
      @mandyyonge Месяц назад

      impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

    • @Cynthia-mm1cv
      @Cynthia-mm1cv Месяц назад

      Lucia Alicia Cruz is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @mandyyonge
      @mandyyonge Месяц назад

      I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

  • @jeromesand
    @jeromesand Месяц назад +963

    I just want my money to keep growing faster than inflation. That’s why I’m looking for companies to invest my retirement savings of $250K I have sitting in the bank. I just don’t know the best strategies to use to make solid gains with steady cash flow.

    • @ChadRoberts-x6i
      @ChadRoberts-x6i Месяц назад +3

      Pick quality stocks and keep track of them. If that feels too complicated, consider hiring a wealth manager to grow your money. That's what I do.

    • @Aaronduckstein49
      @Aaronduckstein49 Месяц назад +2

      You're right. A few neighbours and I in the Bel Air area work with an advisor who prefers that we dollar-cost average across different promising sectors rather than making a lump sum purchase. As a result, my portfolio grew by 40% last quarter.

    • @richardhudson1243
      @richardhudson1243 Месяц назад +2

      I'm worried about my retirement portfolio and could use some guidance. How can I get in touch with your advisor?

    • @Aaronduckstein49
      @Aaronduckstein49 Месяц назад +2

      Annette Marie Holt is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @AdamGreene222
      @AdamGreene222 Месяц назад +2

      I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

  • @Helen-n8j
    @Helen-n8j Месяц назад +379

    Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich

    • @Steven-u2u
      @Steven-u2u Месяц назад +4

      Choose quality stocks and follow them up. If you're not one for such complexities, work with an Advisor to grow your portfolio. You can't go wrong with a sound CFA.

    • @Kin-28-8
      @Kin-28-8 Месяц назад +3

      You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we Dollar cost averaging across other prospective sectors instead of a lump sum purchase. Following this, my portfolio grew by more than 40% in the 2nd quarter.

    • @DhanaPayar
      @DhanaPayar Месяц назад +2

      I'm intrigued by this. I've searched for portfolio managers online but it's kind of hard to get in touch with one. Okay if I ask you for a suggestion?

    • @Kin-28-8
      @Kin-28-8 Месяц назад +1

      I've stuck with ‘’Jessica Lee Horst” for about 9 months now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @FrancisWilliam-mv8tv
      @FrancisWilliam-mv8tv Месяц назад +2

      Jessica sure knows her onions in this industry, from her intimidating profile which I went through, on her web home page. I started off last year tailoring a colleague's trading strategies but it didn't pan out well. Hopeful that Kathleen will attend to my message.

  • @roddywoods8130
    @roddywoods8130 2 месяца назад +679

    Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade Disruptions.

    • @selenajack2036
      @selenajack2036 2 месяца назад +3

      Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.

    • @JulianBarnes-dd2iq
      @JulianBarnes-dd2iq 2 месяца назад +4

      You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

    • @ZengYan-ub6pp
      @ZengYan-ub6pp 2 месяца назад +2

      I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.

    • @JulianBarnes-dd2iq
      @JulianBarnes-dd2iq 2 месяца назад +1

      ‘Lauren Marie Ehlers’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

    • @afriquenegocesarl3642
      @afriquenegocesarl3642 2 месяца назад

      Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

  • @tomami20x
    @tomami20x 2 месяца назад +102

    Mike has credibility. He isn't trying to sell you a newsletter or some other financial consultation. He just gives you the facts in the context of history. Excellent interview.

    • @hallcody3
      @hallcody3 2 месяца назад +1

      Agreed, I really enjoy mikes outlooks

    • @7Word
      @7Word 2 месяца назад +7

      And yet he's been consistently wrong

    • @5dc61
      @5dc61 2 месяца назад +3

      @@7Wordsure, but that’s everyone else also. No one can time the markets.

    • @tsiwt
      @tsiwt 2 месяца назад +1

      He wants to sell gold

    • @toinengwyn3935
      @toinengwyn3935 2 месяца назад

      @@tsiwt and t-bonds, and any assets that might thrive in a recession

  • @annaj.osorio
    @annaj.osorio 2 месяца назад +907

    The Fed is undoubtedly responsible for the present catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...

    • @ClaudiaSchreiber-b1p
      @ClaudiaSchreiber-b1p 2 месяца назад

      Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

    • @ErinWarner-zc9jy
      @ErinWarner-zc9jy 2 месяца назад

      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.

    • @LejlaGöransson
      @LejlaGöransson 2 месяца назад

      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

    • @ErinWarner-zc9jy
      @ErinWarner-zc9jy 2 месяца назад

      Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

    • @IsabelleMarie-m1g
      @IsabelleMarie-m1g 2 месяца назад

      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.

  • @VioletJessica-
    @VioletJessica- 2 месяца назад +351

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...

    • @Elliot-Ivan
      @Elliot-Ivan 2 месяца назад

      I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

    • @VioletJessica-
      @VioletJessica- 2 месяца назад

      @@Elliot-Ivan That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

    • @Elliot-Ivan
      @Elliot-Ivan 2 месяца назад

      @@VioletJessica- My advisor is VICTORIA CARMEN SANTAELLA

    • @Elliot-Ivan
      @Elliot-Ivan 2 месяца назад

      You can look her up online

    • @EleanorMabel
      @EleanorMabel 2 месяца назад

      @@Elliot-Ivan The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

  • @Mosley-vu7ff
    @Mosley-vu7ff 2 месяца назад +399

    We've been hearing recession, recession, recession........What investment can I make to set myself up for retirement ?

    • @Chris-l5t
      @Chris-l5t 2 месяца назад

      If you're not familiar with market investing tactics, you should get advice from a financial counselor.

    • @Aron-r3m
      @Aron-r3m 2 месяца назад

      Yeah, brokerage AdvisoRs could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $140k ROI, and this does not include capital gain.

    • @Tetsu-p3g
      @Tetsu-p3g 2 месяца назад

      Could you kindly elaborate on the advisor's background and qualifications?

    • @Aron-r3m
      @Aron-r3m 2 месяца назад

      I don't know if I am permitted to go into details here, but mine is Jenienne Miniter Fagan and you could also look her up though I'm not so sure she's taking on new people atm.

    • @PMackenzie-vw3wb
      @PMackenzie-vw3wb 2 месяца назад

      Thank you for this amazing tip. I just looked up Jenienne, wrote her explaining my financial market goals and scheduled a call

  • @benjaminsmith3469
    @benjaminsmith3469 2 месяца назад +397

    This surely aged well, I'm no longer confident in my strategy following the recession. I'm approaching retirement with comfortable millions. What's the most effective strategy to protect my cash reserve?

    • @alicegomez7232
      @alicegomez7232 2 месяца назад +6

      Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, than save for retirement.

    • @Emily-le2op
      @Emily-le2op 2 месяца назад +6

      After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had major portfolio yields of over 88%, so I'm not going back to relying solely on banks.

    • @ConradGosling
      @ConradGosling 2 месяца назад +3

      pls how can I reach this expert, I need someone to help me manage my portfolio

    • @Emily-le2op
      @Emily-le2op 2 месяца назад +4

      I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with *Monica Shawn Marti* for years and highly recommend her. Look her up to see if she meets your criteria.

    • @billybrannon6394
      @billybrannon6394 2 месяца назад +1

      Thank you for sharing, I must say she appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled

  • @Redwood4040
    @Redwood4040 2 месяца назад +1065

    So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value

    • @SaintYvess
      @SaintYvess 2 месяца назад +4

      Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

    • @FelineAirstrip
      @FelineAirstrip 2 месяца назад +3

      True, my porfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a pro. Following the guidance of this CFA, my portolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portflio accordingly.

    • @FelineAirstrip
      @FelineAirstrip 2 месяца назад

      @@SaintYvess True, my porfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a pro. Following the guidance of this CFA, my portolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portflio accordingly.

    • @sting_grayl
      @sting_grayl 2 месяца назад +2

      @@FelineAirstrip pls how can I reach this pro, there's bloodbath on my portolio. I really need some help rn

    • @FelineAirstrip
      @FelineAirstrip 2 месяца назад +3

      Jennifer Leigh Hickman is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

  • @MikeCasey-z5m
    @MikeCasey-z5m 2 месяца назад +398

    As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement.

    • @campelm
      @campelm 2 месяца назад

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

    • @Millerj2450
      @Millerj2450 2 месяца назад

      Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

    • @Anderson_313
      @Anderson_313 2 месяца назад

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

    • @Millerj2450
      @Millerj2450 2 месяца назад

      “Jessica Lee Horst” is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment

    • @geraldhoward6351
      @geraldhoward6351 2 месяца назад

      Thank you for this amazing tip. I just looked up , I wrote her explaining my financial market goals and scheduled a call

  • @Jaymilnere
    @Jaymilnere 2 месяца назад +599

    I believe investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market. 35% of my $270,000 portfolio consists of collapsing stocks that were previously respected, and I don't know where to go from here.

    • @Angelavaldess
      @Angelavaldess 2 месяца назад +2

      Safest approach i feel is by spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a meltdown. its important to seek the guidance of an expert too

    • @biankabrodeur01
      @biankabrodeur01 2 месяца назад +1

      @@Angelavaldess Exactly, I used to undermine the efficiency of a financial advisor until my wife company assigned her an investment adviser back in 2020 and tbh, it’s been the best financial decision I’ve made.

    • @Jaymilnere
      @Jaymilnere 2 месяца назад +1

      @@biankabrodeur01 This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation

    • @Jaymilnere
      @Jaymilnere 2 месяца назад +2

      This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation

    • @biankabrodeur01
      @biankabrodeur01 2 месяца назад +2

      @@Jaymilnere I've stuck with ‘’Marissa Lynn Babula” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

  • @Tipping-Point88
    @Tipping-Point88 2 месяца назад +396

    Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm now thinking of ways to protect my portfolio worth of $800k from this.

    • @RobbStonee
      @RobbStonee 2 месяца назад +2

      Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

    • @ScottStraw
      @ScottStraw 2 месяца назад +1

      Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

    • @Tnks4cmin
      @Tnks4cmin 2 месяца назад +1

      I could really use the expertise of this advsors

    • @ScottStraw
      @ScottStraw 2 месяца назад

      Her name is ‘Marissa Lynn Babula’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @livia-s6t
      @livia-s6t 2 месяца назад

      I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her.

  • @zaree7040
    @zaree7040 2 месяца назад +395

    Recessions don't equal losses for everyone; some investors profit. I've saved $250k to invest, but I'm new to the game. Time to learn and adapt with the right mindset.

    • @hildacook8886
      @hildacook8886 2 месяца назад +4

      the market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of Investment coach at some point to thrive forward.

    • @cruz3076
      @cruz3076 2 месяца назад +3

      Well agreed, that's the more reason I prefer my day to day market decisions being guided by a investment-coach, seeing that their entire skillset is built around going long and short term, at the same time laying off risk as a hedge against inevitable downturns, coupled with the exclusive information & analysis they get, it's near impossible to not out-perform.

    • @charlotte.ethan4
      @charlotte.ethan4 2 месяца назад +2

      Who's your investment coach? I'm curious about coaching that involves hands-on guidance from a licensed advisor in your personal trading account, rather than just sending funds elsewhere.

    • @cruz3076
      @cruz3076 2 месяца назад +2

      She's known as a monica Mary strigle '. One of the finest portfolio managers in the field also widely recognized.

    • @cruz3076
      @cruz3076 2 месяца назад +3

      and my trading account is set up to mirror hers. The process is transparent and automated, so I don't need to be actively involved during trades. Just lookup-her name.Feel free to vet her if you'd like.

  • @dofi92
    @dofi92 2 месяца назад +109

    I dont think people appreciate quite what happened with the carry trade unwind. All those sellers had buyers. Who bought? A bunch of folks who were previously short selling the market. There isnt a massive level lower where big money will sell barring a black swan event so that is basically the bottom. It may sound odd but now that those short sellers spent a bunch of capital buying those shares we are likely priced below where most people think we should be. It might take days, weeks, or possibly months before we have another big reversal. Barring major recession issues popping up that was the bottom. If we do hit a recession I could see us going back to April lows, but lower than that is likely off the table for the market as a whole.....currently I've been engaged in active trading, which is generally safer, allowing investors to weather market volatility and also managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Aria Cookings, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

    • @dofi92
      @dofi92 2 месяца назад

      Aria Cookings program is widely available online

    • @Josealjornaavila
      @Josealjornaavila 2 месяца назад

      What I appreciate about Aria Cookings. is her ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly.

    • @22lsmall
      @22lsmall 2 месяца назад

      The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

    • @ZoraidaMayapis
      @ZoraidaMayapis 2 месяца назад

      Trading with an expert is the best strategy for beginners and busy investor's who have little or no time to monitor their trades.

    • @panoxa2
      @panoxa2 2 месяца назад

      I appreciate the professionalism and dedication of the team behind Aria's trade signal service.

  • @Trancredi-nx1
    @Trancredi-nx1 2 месяца назад +198

    I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024.

    • @MiddleclassAmerican-7220
      @MiddleclassAmerican-7220 2 месяца назад

      Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

    • @jtcouch45t
      @jtcouch45t 2 месяца назад

      Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @jtcouch45t
      @jtcouch45t 2 месяца назад +1

      I have a female advisor named Melissa Elise Robinson. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.

    • @fortnight-w2y
      @fortnight-w2y 2 месяца назад

      Thanks you for sharing.. I must say, LUCIA appears to be well knowledgeable, just came across her consulting page and went through her resume, very impressive!

  • @lihuabenchen
    @lihuabenchen 2 месяца назад +232

    just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

    • @iuordanmatkov261
      @iuordanmatkov261 2 месяца назад

      Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

    • @GeorgeWilliamSinclair
      @GeorgeWilliamSinclair 2 месяца назад

      Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

    • @adelineChulack
      @adelineChulack 2 месяца назад

      how can I participate in this? I sincerely aspire to establish a secure financial future and I am eager to participate. who is the driving force behind your success?

    • @GeorgeWilliamSinclair
      @GeorgeWilliamSinclair 2 месяца назад

      I'd say a little due diligence on "Dianne Sarah Olson" truly exceptional.

    • @MonaghanMLOUISE
      @MonaghanMLOUISE 2 месяца назад

      just found her page.. she seems proficient and well-read... thanks for info

  • @jackelynbjackson
    @jackelynbjackson 2 месяца назад +25

    Mike is exactly who I want to be listening to on your show! So intelligent and amazing to learn from.

  • @Allie-ye8oe
    @Allie-ye8oe 2 месяца назад +155

    *Our God indeed is a covenant keeping God. Has he said a thing and not perform it? I watch how things unfold in my life, from penury to $356,000 every three months and I can only praise him and trust him more. Hallelujah 🙌🏻🙌🏻🙌🏻*

    • @Valliere-fy2jo
      @Valliere-fy2jo 2 месяца назад

      Thanks to my co-worker (Alex) who suggested Ms Susan Jane Christy

    • @SolangeMarro
      @SolangeMarro 2 месяца назад

      She's a licensed broker here in the states🇺🇸 finance advisor.

    • @SolangeMarro
      @SolangeMarro 2 месяца назад

      After I raised up to 525k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸and also paid for my son's surgery (Oscar). Glory to God.shalom.

    • @AthensPatao
      @AthensPatao 2 месяца назад

      Can I also do it??? My life is facing lots of challenges lately

    • @Vanzee-fb2xb
      @Vanzee-fb2xb 2 месяца назад

      I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of RUclips videos about it but I still find it hard to understand.

  • @Paul-dorsetuk
    @Paul-dorsetuk 2 месяца назад +7

    Thanks Mike!! Fastest talker of 100% sense on youtube!

  • @Lisahay-y5m
    @Lisahay-y5m 2 месяца назад +18

    Been right on TLT and Gold so far. Great Guest.

  • @wapiti3750
    @wapiti3750 2 месяца назад +33

    David Lin is the hardest working RUclipsr I've ever seen. He is like a well-oiled machine pushing out mega horsepower!.

    • @TheDavidLinReport
      @TheDavidLinReport  2 месяца назад +8

      Thanks for watching my content!

    • @wapiti3750
      @wapiti3750 2 месяца назад +6

      @@TheDavidLinReport I never miss an episode. You are super talented and your guests always offer valuable insights.

    • @mtrest4
      @mtrest4 2 месяца назад

      He's drinking hair tonic
      like Red Bull.
      That's his secret.

    • @philmaccall4943
      @philmaccall4943 2 месяца назад

      Best for guests...worst for boring adverts unfortunately

    • @OmegaShadow64
      @OmegaShadow64 2 месяца назад

      ​@@philmaccall4943Dude gotta eat tho 😂

  • @jerrycampbell-ut9yf
    @jerrycampbell-ut9yf Месяц назад +4

    Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.

    • @Peterl4290
      @Peterl4290 Месяц назад +3

      There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

    • @larrypaul-cw9nk
      @larrypaul-cw9nk Месяц назад +2

      Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.

    • @sabastinenoah
      @sabastinenoah Месяц назад +1

      I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?

    • @larrypaul-cw9nk
      @larrypaul-cw9nk Месяц назад +1

      Annette Christine Conte’’ 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.

    • @sabastinenoah
      @sabastinenoah Месяц назад +1

      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.

  • @julieg.5718
    @julieg.5718 2 месяца назад +3

    What a fantastic interview!!! Mike is excellent and your interviewing knowledge and skills in conversation with him are awesome, David!! Thank you

  • @artjogo
    @artjogo 2 месяца назад +4

    Dang great interview on both sides. David asking great questions as well. Love this conversation! I had to watch it more than once.

  • @junkscience6397
    @junkscience6397 2 месяца назад +11

    Great guest! Love Mike McFACTS. Have him back regularly, please!

  • @nicoleg619
    @nicoleg619 2 месяца назад

    Always a treat to listen to Mike McGlone! Please have him on again soon!

  • @chriswrerup
    @chriswrerup 2 месяца назад +2

    Another fantastic interview David!
    Mike is so detailed and knowledgeable… simple and concise also.
    Nice work gents!

  • @essenceflow
    @essenceflow 2 месяца назад +15

    Reset of a lifetime. Looking forward to it.

    • @catliath5384
      @catliath5384 2 месяца назад

      Beware, it’s gonna be scary. I’m afraid it will shift totalitarianism in fully…

    • @Be_Rational89
      @Be_Rational89 2 месяца назад

      Keep looking

  • @ellianaredick6817
    @ellianaredick6817 2 месяца назад +1

    Mike is the best! Always enjoy his analysis of markets and the economy. Thanks David.

  • @_Thoughtful_Aquarius_
    @_Thoughtful_Aquarius_ 2 месяца назад +1

    Another great interview on the David Lin Report!

  • @lrww5673
    @lrww5673 2 месяца назад +1

    Love to hear Mike back on TDLR. One of the best I've seen or heard!

  • @motorxplorer
    @motorxplorer 2 месяца назад +1

    Fabulous interview, level headed, balanced perspectives

  • @drew997
    @drew997 2 месяца назад +7

    love Mike, has a great balanced perspective, no BS.
    I don’t agree with his takes on geopolitics (he is a committed soldier for the US establishment, vociferously opposes China/Russia etc) but when it comes to the markets & commodities he is just fantastic 🙏

    • @junkscience6397
      @junkscience6397 2 месяца назад

      So how far up Russia and China's rear would you put your own tongue. From the sound of it, you're already tasting what they ate for breakfast!

    • @pawandeep9136
      @pawandeep9136 2 месяца назад

      💯💯

  • @l.a.mottern3106
    @l.a.mottern3106 2 месяца назад +11

    Gold is moving up because Central Banks are buying it off the market in Quantity and holding as an asset.

    • @tobyk5149
      @tobyk5149 2 месяца назад +2

      yup

    • @geoms6263
      @geoms6263 2 месяца назад

      soon or later they gonna dump

    • @eremselle
      @eremselle 2 месяца назад

      @@geoms6263 Why?

    • @xxxxxxxxxx02
      @xxxxxxxxxx02 2 месяца назад +4

      @@geoms6263do you really think china is going to dump gold? To do what? Buy US bonds?

    • @bv-zh6hy
      @bv-zh6hy 2 месяца назад

      @@geoms6263they might take one dump on the US but they’ll hold gold. US will fold.

  • @smithbrady6173
    @smithbrady6173 2 месяца назад

    That was great ! Thankyou both very much !!

  • @hewdailyink
    @hewdailyink 2 месяца назад +3

    Love Mike. Thanks, David.

  • @jacobmartinez4892
    @jacobmartinez4892 2 месяца назад +39

    David must sleep in his tuxedo 😅

  • @joe-9256
    @joe-9256 2 месяца назад +2

    When the Fed starts lowering the interest rates, the US bond market, which has been beaten down for the past couple years, will start to heat up. That is yet another reason why the stock market will tank soon after the interest rates fall.

  • @samomarmd
    @samomarmd 2 месяца назад +2

    One of the best inverse indicators ever. He's not as vocal as flamboyant or as exposed as Cramer. But he is definitely a high signal strength inverse indicator.

  • @BlockchainRWA
    @BlockchainRWA 2 месяца назад +9

    Slow to hike rates into inflation.
    Slow to cut rate into deflation.

    • @tobyk5149
      @tobyk5149 2 месяца назад +2

      always

    • @5dc61
      @5dc61 2 месяца назад +2

      100%, raising and cutting rates has to be reactive or else it can go the wrong way quickly.

    • @tobyk5149
      @tobyk5149 2 месяца назад

      @@5dc61 yep but it goes wrong anyway and overshoots so the manipulation breeds oscillations and more manipulation. The FED involvement is simply a failed experiment but unfortunately they know nothing else and will continue to dig a deeper hole rather than set us up to prosper

    • @davebellamy4867
      @davebellamy4867 2 месяца назад +2

      ​@@5dc61The bubbles and crashes are deliberately generated by this.

    • @5dc61
      @5dc61 2 месяца назад

      @@davebellamy4867 not always. Wars, oil prices, housing, logistic routes, and several other factors can disrupt a balanced economy that then requires rates adjust.

  • @jimmydean4509
    @jimmydean4509 2 месяца назад +5

    Weisberger is going to have some words for you on Monday Mike. Great show guys, really enjoy both of your styles and great minds

    • @mtrest4
      @mtrest4 2 месяца назад

      Wise🦉 burger 🍔

  • @darrenb1117
    @darrenb1117 2 месяца назад

    I really enjoy listening to Mike. Another great video David.

  • @peterburanick8785
    @peterburanick8785 2 месяца назад +4

    Good interview, covered all aspects well.

  • @keithmahorney6533
    @keithmahorney6533 2 месяца назад +1

    Serious talk for Serious people. Great interview

  • @rd9102
    @rd9102 2 месяца назад

    I like this guy, he doesn't just push a narrative and tell you the Fed is stupid, he actually has a well thought out position and backs it up with facts and charts and not just conjecture.

  • @hb490
    @hb490 2 месяца назад +10

    Anything that decreases in value over time is worthless!

    • @djdigital3806
      @djdigital3806 2 месяца назад +2

      Everything is worthless 😊

    • @Mark-bp4lw
      @Mark-bp4lw 2 месяца назад

      ​@@djdigital3806 health?

    • @PolishprinceJG
      @PolishprinceJG 2 месяца назад

      My 2011 Mazda 2 is definitely worthless. At least it starts tho, so I guess better than financing a new Dodge Ram, lol

    • @germain9074
      @germain9074 2 месяца назад

      So bitcoin is valuable then

    • @aaronb8698
      @aaronb8698 2 месяца назад

      If that was always true than people are worthless just becase they get old, but its not true, everything that serves a purpose has value and its baced on what people will pay for it based on supply and demand at a given moment in time. If your on a deserted iland with a million bars of gold but no food what would you pay for a boat ride back to civilization? I think bitcoin is not backed by anything valuable so its over valued waiting for a painful correction, but it dosnt make it worthless today.

  • @rainman3927
    @rainman3927 Месяц назад

    My fav show, TY guys

  • @David-s6e4q
    @David-s6e4q 2 месяца назад +2

    For most people on the planet gold is the worst investment possible. That’s a fact. Mobility is the best asset and liquidity is its driver.

  • @williambreeze2659
    @williambreeze2659 2 месяца назад

    This was a good conversation 👌

  • @titchglover2601
    @titchglover2601 2 месяца назад +3

    thanks guys

  • @ericjovenitti6747
    @ericjovenitti6747 2 месяца назад +7

    This means by people they weren’t allowed to talk about this in 2008

    • @mtrest4
      @mtrest4 2 месяца назад

      They are only allowed
      to rap about it

  • @diciplineisfreedom8384
    @diciplineisfreedom8384 2 месяца назад

    Mike thank you for your knowledge great guest as always

  • @JM-gu3tx
    @JM-gu3tx 2 месяца назад +1

    You know somebody is articulate and erudite when they know the word "disconcerting".

  • @GillerHeston
    @GillerHeston 2 месяца назад +11

    The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?

    • @jcurdrayeric243
      @jcurdrayeric243 2 месяца назад +8

      Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

    • @rogerwheelers4322
      @rogerwheelers4322 2 месяца назад +7

      The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

    • @FabioOdelega876
      @FabioOdelega876 2 месяца назад +6

      @@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

    • @FabioOdelega876
      @FabioOdelega876 2 месяца назад +5

      Excellent share, just inputted Marisa Breton Dollard on the internet, spotted her consulting page ranked top and was able to schedule a call session. I’ve seen commentaries about advisors but not one looks this phenomenal.

    • @TestChannelWow-bh7ys
      @TestChannelWow-bh7ys 2 месяца назад

      buy indexes, don’t lose out on gains because of dumb bear youtube video spam

  • @terryelliott9016
    @terryelliott9016 2 месяца назад

    Great conversation

  • @stevem5580
    @stevem5580 Месяц назад

    Thanks Mike!

  • @jerome.77
    @jerome.77 2 месяца назад

    Great interview!

  • @issenvan1050
    @issenvan1050 2 месяца назад +1

    Prices do not cause inflation/deflation, changes in the money supply do, w/ a lag.

  • @PaulbylPaulbyl
    @PaulbylPaulbyl 2 месяца назад

    Mike McGlone firing on all cylinders. One of your best guests 👍

  • @keithdavis9897
    @keithdavis9897 2 месяца назад

    McGlone is the sharpest tool in the shed !!

    • @mtrest4
      @mtrest4 2 месяца назад

      Why is he in the shed.

  • @brunofloyd8124
    @brunofloyd8124 2 месяца назад +7

    I've learned a lot about cryptocurrency advancements and want to get involved. I'm hoping to find a good mentor.

    • @becky6696
      @becky6696 2 месяца назад

      I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached

    • @becky6696
      @becky6696 2 месяца назад

      Evelyn Turner is the professional who guides me, and her optimal returns are impressive

    • @Gilmore-ho8rz
      @Gilmore-ho8rz 2 месяца назад

      Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!

    • @melissaziglar6620
      @melissaziglar6620 2 месяца назад

      Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.

    • @Samuel-bh6ei
      @Samuel-bh6ei 2 месяца назад

      Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a RUclips referral like this

  • @davebellamy4867
    @davebellamy4867 2 месяца назад +1

    1:18 Key level I've seen is 1BTC at 32oz or 1 kilogram of gold. Bitcoin edged just past that several times very short term but was rejected at that level at the least 3 times in the past 4 years. Right now, 1 kilo Au is 80k vs BTC around 60k. This is a key test. Who will swap 1kg of Au for 1 BTC? It's a big ask.

  • @FecklessFroghopper
    @FecklessFroghopper 2 месяца назад

    David Lin was the inspiration for the sigma grindset meme.

  • @ongaga-vb6zf
    @ongaga-vb6zf 2 месяца назад +4

    He is one of my favs too. And Danielle D

  • @MS-cs7gt
    @MS-cs7gt 2 месяца назад +3

    Europe reduces tarrifs for Chinese EV just to make them affordable. 😂 people don’t have money to buy. Full stop!

  • @dw6064
    @dw6064 2 месяца назад

    Time to get depressed and listen to Mike

  • @Dressy7
    @Dressy7 2 месяца назад

    Mike is one of the best guests on the RUclips financiosphere, and I’ve seen them all lol

  • @dmonty4354
    @dmonty4354 2 месяца назад +4

    The Fed has ignited significant job cuts and hedged reporting gig type work as FT employment.

    • @SalKay-ur5nk
      @SalKay-ur5nk 2 месяца назад +4

      And govt spending as adding to GDP as well as credit card debt lol😢

    • @junkscience6397
      @junkscience6397 2 месяца назад

      @@SalKay-ur5nk Are those NOT "domestic products"? Make your own silly stats...which no one will bother with, if it makes you feel any better.

  • @tobyk5149
    @tobyk5149 2 месяца назад +7

    Rug-pull incoming

    • @mtrest4
      @mtrest4 2 месяца назад

      Rug-push coming

  • @dassa0069
    @dassa0069 2 месяца назад

    Spot on!

  • @venture.brothers
    @venture.brothers 2 месяца назад

    Been watching Mike on Market Mavericks as well. Love his insights / experience

  • @markneilson1044
    @markneilson1044 2 месяца назад +6

    We can't use Bitcoin as an alternative currency. And Its not really a good store of value. I think thats what a lot of people are starting to realise.

    • @davebellamy4867
      @davebellamy4867 2 месяца назад +3

      It was an amazing speculative play last decade. It seems to be getting near to finding some kind of equilibrium.

    • @xesentertainment
      @xesentertainment 2 месяца назад

      Yeah tell that to the ETFs who just put in hundreds of billion of dollars they see something the normal person doesn't

  • @bad8brains8
    @bad8brains8 2 месяца назад

    waw this guys is really good at explaining!

  • @jaykraft9523
    @jaykraft9523 2 месяца назад +1

    He talks a lot of sense.

  • @bvyner5727
    @bvyner5727 2 месяца назад +1

    Is he suggesting that Long bonds 10,20,30 years are better than BTC?
    Maybe over the next 6 months, but NO way am I holding a 30 year government bond!

    • @mtrest4
      @mtrest4 2 месяца назад +1

      He's suggesting to sell all long bonds,
      and buy long johns
      to protect the family jewels 💎.

    • @bvyner5727
      @bvyner5727 2 месяца назад

      @@mtrest4 hahahahahahaha!!!!!!!

  • @LukinoH
    @LukinoH 2 месяца назад +10

    If he really believed in bitcoin since 2011, he wouldn't be doing a slave for Bloomberg now.

    • @rubicon3416
      @rubicon3416 2 месяца назад +3

      Exactly. He'd be on a super yacht in the Mediterranean right now. Lol

    • @heyjavey
      @heyjavey 2 месяца назад +1

      Bloomberg is a good job and provides credibility. Bitcoin hasn't exactly provided credibility over the years

    • @Fearzero
      @Fearzero 2 месяца назад

      ​@@heyjaveyBitcoin is up 37000% since 2014. Don't say ignorant things.

    • @curtissnow9546
      @curtissnow9546 2 месяца назад

      Yeah cause the federal reserve is known for its credibility, not to mention bloombergs friendly relationship with the ccp so he can access their market and shill his terminals

    • @Mdaddy4
      @Mdaddy4 2 месяца назад +1

      Good point. He’s be a billionaire or at least a centimillionIre

  • @dennisbembenek9759
    @dennisbembenek9759 2 месяца назад

    Skimming the high level on a bunch of trends and synthesizing them is not a good strategy for predicting the future. Gotta get the roots of some of these trends.

  • @WEF2030SLAVE
    @WEF2030SLAVE 2 месяца назад +2

    He was wrong about BTC already, why should I listen him again.

  • @wapiti3750
    @wapiti3750 2 месяца назад +1

    Thanks!

  • @eh7599
    @eh7599 2 месяца назад +11

    One of your best guests!

  • @CoreyJKeating
    @CoreyJKeating 2 месяца назад +1

    I see a massive Cup & Handle on Bitcoin’s weekly chart. I respect Mike, but we are currently in the handle and consolidating for a breakout!!!

    • @sirus312
      @sirus312 2 месяца назад +1

      Same. Looks like its about to shoot to the moon and everyone will chase over 100k

    • @CoreyJKeating
      @CoreyJKeating 2 месяца назад

      @@sirus312 C&Hs can 3-5X the length of the neck line to the base. $100K is already in the cards. With Trump and RFK JR teaming up, who knows how high this will go!!!

  • @bruce7992
    @bruce7992 2 месяца назад

    Love MM!

  • @TestChannelWow-bh7ys
    @TestChannelWow-bh7ys 2 месяца назад +2

    another day, another bear video that doesn’t pan out

    • @xxxxxxxxxx02
      @xxxxxxxxxx02 2 месяца назад

      He sounds pretty bullish on commodities to me.

  • @PastaNoose
    @PastaNoose 2 месяца назад

    Great, thanks !

  • @BILLY-f1l
    @BILLY-f1l Месяц назад

    this guy is smart.

  • @codypecholt2561
    @codypecholt2561 2 месяца назад

    Markets are climbing a wall of worry

  • @akashpaul6891
    @akashpaul6891 2 месяца назад

    wasnt debt to gdp in the 1970s just as bad from the recovery from WW2? which suggests we have been here before and avoided a global depression right?

  • @Patriot293
    @Patriot293 2 месяца назад

    I'd like to know Mike McGlone's thoughts on silver since it's part precious metal and part industrial metal, where the former should go up and the latter should go down according to Mike.

  • @henriquezfamily5135
    @henriquezfamily5135 2 месяца назад

    The breakouts and inversions in the market, timing is everything, know all sectors the future is yours

  • @JML-TruthBelongsToEverybody
    @JML-TruthBelongsToEverybody 2 месяца назад +22

    from a credit standpoint, US is weak and getting weaker. $35T and Fed stated they expect debt to be $50T by 2030.
    Fed has 2 choices:
    1. Let the balloon collapse game over or
    2. Keep inflating the balloon and inflate away the debt.
    There is no fiscal discipline entering the game, when they lower rates and increase M2 gold and bitcoin will reach all time highs.
    Fed won’t let S&P fall, its the only measure of wealth left for boomers

    • @dvaritek434
      @dvaritek434 2 месяца назад +5

      There is a 3rd option. Some war, significant enough for us to need bail out nato/other countries. War debt is excruciating. Fed rolls debt into central bank digit currency at 1000 to 1 ratio to "extinguish" foreign allied debt. Us debt reduces by the same factor. Gdp can be manufactured rebuilding and helping other rebuild. Bretton woods 3? 4? I forget what number we are on

    • @gezenews
      @gezenews 2 месяца назад +1

      @@dvaritek434 You are describing more and more government spending. Everytime you suggest some form of "getting away with it" the market feels it while you with your utopian solution does not. Inevitably you have removed a share of the value that society can offer to people to be productive and innovative. Eventually you get enough people like you that think the music never stops and that is when you get the beginning of the end. In the face of your debts you suggest borrowing more.

    •  2 месяца назад +1

      Needs to collapse. Can't inflate away the debt... that's how it got here and there isn't enough credit left.

    • @junkscience6397
      @junkscience6397 2 месяца назад +1

      You "can't inflate away the debt"? LOL Watch and learn.

    • @huwhitecavebeast1972
      @huwhitecavebeast1972 2 месяца назад

      JFC, it's amazing how few people understand the monetary and banking system. People do not understand MMT. The debt is meaningless under the current system, and so are deficits.

  • @Silver-Canada
    @Silver-Canada 2 месяца назад +1

    What about Silver & Copper? If we get a big dip in Silver price would it be wise to buy Silver Metals or Silver related Equities?

  • @ShahzadAli-f1m
    @ShahzadAli-f1m 2 месяца назад +1

    I've been smelling something fishy from past two quarters too friend.

    • @mtrest4
      @mtrest4 2 месяца назад

      I forgot to take out the left overs 🐟

    • @ShahzadAli-f1m
      @ShahzadAli-f1m 2 месяца назад

      @@mtrest4 that's a nice one 😂

  • @michaelbananas461
    @michaelbananas461 2 месяца назад

    For those who are still confused about the yield curve with their "recession has been predicted for 2 years and hasnt come" nonsense....the inverted yield curve means the conditions are such that a recession becomes more likely or as some say "baked in". It doesnt mean a recession is here now. The longer the yield curve stays inverted, the chances of a recession become higher, not lower. The recession comes when the yield curve reverts back positive, usually sharply. And in many ways, it kind of has to spike back positive, hence the "baked in" idea. Its how the business cycle works.

  • @sbain844
    @sbain844 2 месяца назад +3

    This clown has been wrong about deflation for so long that he has decided to redefine the term rather than admit his error!

    • @curtissnow9546
      @curtissnow9546 2 месяца назад +4

      There will be a deflationary crash, look at what happens during every downturn (2008,2001,91, etc.) people and business will default on their loans and it will destroy money that has already been printed

    • @sbain844
      @sbain844 2 месяца назад +1

      @@curtissnow9546 Yours is a curious take on history, what is happening now is far more severe given our debt situation. You are correct that people will default, but our credit situation is such that our banks cannot survive such defaults. The solution will be to print money (QE to infinity), and the result will be chaos. This is already baked in, the worst economic catastrophe in living memory, and nothing can prevent it. Good luck to you, I mean that, this will be awful.

    • @davebellamy4867
      @davebellamy4867 2 месяца назад

      ​@@sbain844It will easily be bad enough for people to accept a new system of complete dependency, in the west anyway.

    • @sbain844
      @sbain844 2 месяца назад

      @@davebellamy4867 Yes, that is a very serious possibility... and God help us all if it comes to pass...

    • @terranceramirez4816
      @terranceramirez4816 2 месяца назад

      @@sbain844the solution the elites have actually planned is the Great Taking, where the government just yoinks the savings of the people that are invested into anything that has a certificate (stocks, bonds, real estate that hasn’t been paid off, etc) plus deposits in the banks and gives it to the banks to recapitalize them, aka “bail-ins”. Then offers to “make the people whole” by giving them CBDC to make up for their losses.

  • @MrMatisse22
    @MrMatisse22 2 месяца назад

    Actionable interview!

  • @Organized.Chaos.00
    @Organized.Chaos.00 2 месяца назад +7

    Why can't Milke afford a new microphone? He goes on every podcast with the same one and It sounds like it was made in the early 2010's.

    • @5dc61
      @5dc61 2 месяца назад +1

      If it ain’t broke don’t fix it lol jk. I think only he knows.

    • @mtrest4
      @mtrest4 2 месяца назад

      Times are tough

  • @RWROW
    @RWROW 2 месяца назад +4

    Mike mentioned 1929 an awful lot.

    • @tobyk5149
      @tobyk5149 2 месяца назад +3

      do you not know what the significance is of that year?

    • @junkscience6397
      @junkscience6397 2 месяца назад +2

      Well, the US stock market is priced higher than at any time in history except for....which year?

  • @davebellamy4867
    @davebellamy4867 2 месяца назад +1

    15:48 You can't really have deflation in some sectors. No we are not experiencing deflation yet. Price inflation overall is still above "target" and central banks are cutting rates into it. Plus the M2 money supply is booming.
    Of course though, modern money isn't really money. Most things are already in "deflation" against real money, gold. Maybe that's because the gold is all moving east and the real money (gold) supply is limited.