Dollar on the Precipice of Losing Massive Purchasing Power Versus Real Assets.

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  • Опубликовано: 12 сен 2024

Комментарии • 508

  • @oliviaHill-w4e
    @oliviaHill-w4e 16 дней назад +380

    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.

    • @maiadazz
      @maiadazz 16 дней назад +3

      I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?

    • @ChadRoberts-x6i
      @ChadRoberts-x6i 16 дней назад +2

      There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

    • @Aaronduckstein49
      @Aaronduckstein49 16 дней назад +2

      Agreed, the role of advisors can only be overlooked but not denied. I was shocked that I made more money with investing than hard work, not even my CEO income. Earning ''return on investment'' fetched me millions within a space of 5 yrs.(But I still enjoy working)

    • @richardhudson1243
      @richardhudson1243 16 дней назад +2

      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

    • @Aaronduckstein49
      @Aaronduckstein49 16 дней назад +2

      Annette Marie Holt 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.

  • @menacedev6103
    @menacedev6103 16 дней назад +88

    The US economy is already in recession. Any rate cut will not ignite inflation. The banks will tighten even more, all consumer and corporate credit lending. This is the beginning of a deflationary period for your assets. Stocks markets will decline, and stock values disappear in a blink of the eye. Businesses will begin layoffs in earnest which will soon be reflected in the unemployment rate and unemployment claims, to further solidify the recession. In fact, when the FED cut rates in Sept, it will signify that the Titanic is going under, and it will suck everything down. Retail and housing sales will truly decline as consumer hold off their purchases. The inverted yield curve will then turn positive, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

    • @menacedev6103
      @menacedev6103 16 дней назад

      Sandy Barclays program is widely available online..

    • @jpgameplays2.075
      @jpgameplays2.075 16 дней назад

      Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

    • @MaxelDJ_256
      @MaxelDJ_256 16 дней назад

      Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.

    • @Birdman5902
      @Birdman5902 16 дней назад

      If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.

    • @SCH0OLP0KER
      @SCH0OLP0KER 16 дней назад

      Sandy Barclays’s understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. Her siignals are top notch..

  • @sallysaid4699
    @sallysaid4699 19 дней назад +217

    I'm a single mum, Australia and invested half my savings in gold and silver.. best thing I've done thankyou Mario for your easy to understand info. Sally

    • @mrbmrb5822
      @mrbmrb5822 19 дней назад +19

      You should buy more before it is to late.

    • @frederickmuhlbauer9477
      @frederickmuhlbauer9477 19 дней назад +12

      Invest the other half and you will be good I’m 90% in metals and rental real estate

    • @Ozman676
      @Ozman676 19 дней назад +11

      Make sure it’s physical,remember what happened at the Perth mint a few years ago.

    • @sallysaid4699
      @sallysaid4699 19 дней назад +13

      Appreciate your advice.. your right and I will

    • @frederickmuhlbauer9477
      @frederickmuhlbauer9477 19 дней назад

      @@sallysaid4699 no problem Godbless

  • @LaraeKuznia
    @LaraeKuznia 19 дней назад +51

    I plan to retire at the end of 2025 at 62 after 36 years in Telecom as a sales engineer. My wife will retire in May 2026 and she's loving life! But walking away from a good income stream and building the nest egg to living from the nest egg is a scary proposition couple with the alarming recession and CPI report

    • @YambaoDebien
      @YambaoDebien 19 дней 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.

    • @IshiharaCrowl
      @IshiharaCrowl 19 дней назад

      My advice: for newbies to grow financially this year, invest. Saving is good, but investing elevates your finances. Why newbie make huge losses on trade is because investing without proper guidance can lead to mistakes and losses. that will stop you from trading, this has been one of the biggest problem to new traders, I've learned this from my own experience

    • @YambaoDebien
      @YambaoDebien 19 дней назад

      Tracy Britt Cool Consulting was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Tracy.

    • @MichaelRitter-z2c
      @MichaelRitter-z2c 19 дней назад

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

    • @MichaelRitter-z2c
      @MichaelRitter-z2c 19 дней назад

      I keep hearing a lot about Mis. Tracy Britt Cool Consulting O'Reilly, she must be really good

  • @Malarkey-sh9od
    @Malarkey-sh9od 19 дней назад +78

    My Silver stack hit 400oz this morning.

    • @jeepstergal4043
      @jeepstergal4043 19 дней назад +2

      Mazel!

    • @overwatch2671
      @overwatch2671 19 дней назад +10

      Continue until they won't take the paper currency for the real money

    • @buy.to.let.britain
      @buy.to.let.britain 19 дней назад

      @@jeepstergal4043 no, because it was 600 last week. he spent it on birds.

    • @lowbloodprsure
      @lowbloodprsure 19 дней назад

      Gold I hope.

    • @jennifermcgeorge6983
      @jennifermcgeorge6983 19 дней назад +5

      Fantastic, I also select goals to get to a certain number of oz. Then I think I have enough, and then I hear more information like in this awesome video and I raise the bar (pun intended Ha ha ha) and go purchase more 😂

  • @shryque
    @shryque 19 дней назад +38

    Inflation IS and ALWAYS has been a Government POLICY.
    The dollar has lost 97 percent of its value between 1965 and today.
    $1 Today == 3 cents in 1965
    Minimum wage in 1965: $1.25
    Minimum wage today: $7.25
    1965 Minimum wage in todays dollars equals $38.33.
    todays Minimum wage in 1965 dollars equals Between 21 & 22 cents.
    Talking strictly in Purchasing Power the 1965 Minimum wage is OVER ONE HUNDRED AND FIFTY times today's Minimum wage.

    • @Crosshatch1212
      @Crosshatch1212 19 дней назад +1

      Yeagh I've noticed .

    • @rubies200
      @rubies200 19 дней назад +2

      The U.S. middle class, and their ability to buy a home and a car, was built on this kind of purchasing power. Bretton Woods dollars.

    • @shryque
      @shryque 19 дней назад

      @rubies200 Incorrect, Government expansion and theft of the citizens wealth was built on Brentonwoods.

    • @davebellamy4867
      @davebellamy4867 19 дней назад +1

      I think the last bit is not correct because if it was, everyone in the US would be in a shotgun shack at best. You have to choose a unit, either 1965 dollars or todays dollars.

    • @davebellamy4867
      @davebellamy4867 19 дней назад +4

      It's an interesting calculation but I think you need to choose a unit and stick with that one consistently.
      7.25/38.33 for instance in today's $. ... That's = 0.189.
      So the minimum wage purchasing power is only 19% of what it was in 1965. That's down 81%. That's a feasible number that can be grasped, meaning the standard of living for lower wage earners has fallen massively.
      Or in 1965 $ it would be 0.22/1.25 or 17.6 % left, down 82.4%.
      Actially that's more accurate is todays $ is worth 3 old cents because that's a 33.333× difference and on that basis I would get that $1.25 in 1965 is $41.67 today instead of $38.33.
      What it means is that the governing class is deliberately destroying the masses with their policies. This is at a time of supposedly developing technology, which is largely a mirage and a means to solidify control and further wealth transfer. The useful and meaninfully beneficial technologies were already in place by the 60s, otherwise we would be sitting on Titan having lunch on a day trip by now.

  • @makeamericagreatagain-d8g
    @makeamericagreatagain-d8g 18 дней назад +74

    You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.

    • @fortnight-w2y
      @fortnight-w2y 18 дней назад

      The truth is that people are finally waking up to the fact that our systems are breaking down in thousands of different ways all around us. Personally, the financial market seems like the only way to go with my long-term horizon (accumulated about £557,000 in earnings since May 2021), but if you don't have that time luck, it's a tough market out there down almost nowhere feels safe!

    • @LeonDeniger
      @LeonDeniger 18 дней назад

      How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

    • @fortnight-w2y
      @fortnight-w2y 18 дней назад

      Mellissa Elise Robinson is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment...

    • @dannielleemarie
      @dannielleemarie 18 дней назад

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

  • @darinmullins4770
    @darinmullins4770 19 дней назад +52

    Vote with you dollars and vote for GOLD and its running mate SILVER .✔

  • @jerad4336
    @jerad4336 19 дней назад +44

    Yes I agree we will sea a hyperinflation scenario.

  • @scatterbolt2578
    @scatterbolt2578 19 дней назад +58

    A. Financial Fukushima
    B. Weimar 2.0
    C. Confetti Currency
    D. All of the above
    Choose one

    • @NikFeys
      @NikFeys 19 дней назад +1

      C

    • @jeepstergal4043
      @jeepstergal4043 19 дней назад +13

      D for "Definitely."

    • @extreme6.087
      @extreme6.087 19 дней назад +4

      D

    • @christopherk140
      @christopherk140 19 дней назад +6

      Worse than any one so it will be a combination of all.

    • @ct87gn25
      @ct87gn25 19 дней назад +10

      D. And what that will mean for the average citizen will be absolutely horrific. Most people haven't a clue what's coming, which will make everything even worse...

  • @END-THE-FED
    @END-THE-FED 19 дней назад +30

    The bubble is TOO BIG. Austerity at this point would easily cause the entire, derivatives based financial system, house of cards to come crashing down.

  • @dawn-FL
    @dawn-FL 19 дней назад +30

    Another excellent video, Mario. Your passion for learning/research/teaching is why your channel is growing the way that it is. We are fortunate to have you, Rudy, and Billy's memory!

    • @UnspokenWords2010
      @UnspokenWords2010 19 дней назад +2

      Funny how's Rudy sleeps on Billy's spot on the couch

    • @dawn-FL
      @dawn-FL 19 дней назад

      ​@@UnspokenWords2010It's beautiful.

  • @ashleylaw
    @ashleylaw 19 дней назад +20

    Jackson Hole Powell confirmed US T bills no longer any difference between Germany or France or UK bonds.
    This leaves only 1 First Tier Asset. The collapse is unstoppable.
    Great presentation thank you.

    • @fnuclone1229
      @fnuclone1229 18 дней назад

      I guess they really meant it when they said an equal / level playing field is coming

  • @argusc3310
    @argusc3310 19 дней назад +16

    Did a quick calculation. One $USD currently is worth about 12 milligrams of gold, compared to 889 mg when Nixon closed the gold window.

    • @blancau8223
      @blancau8223 19 дней назад +2

      Thanks wow

    • @damienr4612
      @damienr4612 19 дней назад +6

      It will worth soon 1 milligram of gold !

  • @aksaime
    @aksaime 19 дней назад +13

    Hi Mario, What a great show today, I feel like I am back in college, fantastic charts. Thanks to your good advice I have continued to add gold and some silver and when funds allow I will continue. Thanks 🙏🏻 again.

  • @rickmiles5297
    @rickmiles5297 19 дней назад +13

    It feels like it is going hyper already. As a business owner, i dont want to hold any cash because it is losing value so fast. I buy new inventory as fast as i can every week. This is hyper.

    • @UnspokenWords2010
      @UnspokenWords2010 19 дней назад +2

      Not exactly, that's called money velocity, the speed at which money gets spent as it's value declines and it definitely plays into hyperinflation

    • @user-nq2oz8tf2l
      @user-nq2oz8tf2l 19 дней назад

      @@UnspokenWords2010 No one wants to be the one spending their time bailing out ship doomed to sink.

    • @Briand-ei1gs
      @Briand-ei1gs 19 дней назад

      Money velocity is complete horseshit. The commenter is exactly right. Hyperinflation is a psychological phenomenon when confidence is lost in currency and no one wants it. Buyers or sellers.​@UnspokenWords2010

  • @carlywright5127
    @carlywright5127 19 дней назад +30

    The only one who talks sense (in my opinion) re China is the former Banker Prime Minister Keating. Covid 19 bio weapon they never even listened to the Australian people protesting Mandate. That was showtime of the what, not the if.

  • @lightyplays3390
    @lightyplays3390 19 дней назад +17

    good morning Sir Mario! glad we've been preparing for quite some time now, thanks for hinting people into right direction!

  • @982spyder5
    @982spyder5 19 дней назад +4

    Maneco this is so insightful! So succinct and truthful.
    "The Federal reserve is there to socialize the losses of the private international bankers and to privatize the profits."

  • @Outrjs
    @Outrjs 19 дней назад +47

    The joke is on us. We were programmed to worship money and not the Father of Heaven.
    We are getting what we deserve.

    • @Sola_Scriptura_1.618
      @Sola_Scriptura_1.618 19 дней назад +9

      Amen! Gold is God's money!
      Christ is King!

    • @indy5542
      @indy5542 19 дней назад +6

      Amen 🙏✝️❤️

    • @davedismantled
      @davedismantled 19 дней назад +1

      Yeah, because an all powerful Creator requires the worship of humans in order to be validated. You’ve been programmed by a man made religion and so you are disconnected from God.

    • @indy5542
      @indy5542 19 дней назад

      @@stephenpack2202 he loves us and offers eternal life. Our job on earth is to use our free will for good; not bad or evil.

    • @Sola_Scriptura_1.618
      @Sola_Scriptura_1.618 19 дней назад +4

      @stephenpack2202 I see you believe everything came from nothing! It would take way too much faith for me to become an atheist!
      Christ is King!

  • @BeanyBamBoozal
    @BeanyBamBoozal 19 дней назад +3

    Just bought 1/2 gallon of milk and 4 croissant for $13 while listening. This is really starting to hit home.

  • @Sgtrp-cp9qp
    @Sgtrp-cp9qp 19 дней назад +13

    I’m happy because I have been stacking silver, waiting for ratio then I will get my gold.

    • @genesis2936
      @genesis2936 19 дней назад +1

      Smart. The traditional ratio of ag to au is 16:1, now it’s 84:1

    • @des_smith7658
      @des_smith7658 19 дней назад

      Smoke me a kipper

    • @indy5542
      @indy5542 19 дней назад +5

      There may not be any available when this happens.

    • @rubies200
      @rubies200 19 дней назад

      Even if the fiat currency spot price of gold drops, you will need a lot of silver to buy gold. Why not just sell your silver now and use the proceeds to buy gold now--before the next high?

  • @dr.vonslifeinvesting6485
    @dr.vonslifeinvesting6485 19 дней назад +4

    I read Benjamin Roth’s book a number of years ago, great read. I read it to my 6th grade social studies class when we cover the Great Depression.

  • @genesis2936
    @genesis2936 19 дней назад +9

    I’d buy silver, why, gold to silver value now is 84:1 the traditional ratio is suppose to be 16:1

    • @martinbeckmann9376
      @martinbeckmann9376 19 дней назад +1

      A once in a millennium opportunity waiting for those who understand this.

    • @Have.An.AmicoDay
      @Have.An.AmicoDay 19 дней назад

      @@martinbeckmann9376 well, i been trying to study the ratios... the ratios go very high during a crisis... aka 1999, 2001, 2008, in 2020 it went to 120 to 1... when they start to resolve, then the ratios slam down. Same thing happened in Weinmeir Germany in the 1920's... Gold/Silver ratio was 1 to 160 during hyperinflation... yes, the silver could still buy you same amount of bread it did in America, so it saved you, but if you converted silver to gold at the end, when things normalized to about 1 to 23 you 5xed your money. People with small amounts of silver already spent them to 'stay alive'... only the rich who could ride out the storm had any to trade back in. Its at 1 to 85 right now... i think it will go up again past 1 to 100 by the election time in the US.

    • @rosetrekkers7543
      @rosetrekkers7543 19 дней назад

      Well this explains the gold mine near me. It’s called the “16 to 1 Mine”

    • @jardenc
      @jardenc 19 дней назад

      If you're buying in UK the working ratio is more like 55:1 due to premiums and VAT on silver

  • @markmathews6876
    @markmathews6876 19 дней назад +27

    the whole US shit show seems to be a mass of lies & incompetence and there is no one home /rudderless , it amazes me that they have as much sway as they do

    • @ssuwandi3240
      @ssuwandi3240 19 дней назад +1

      Eehh how about China? You or Mario should try having Yuan regressed to the original value without 4 decades of daily adjustments. Aud will have serious setback since the largest exports have been too concentrated with China trades

    • @jean-louislalonde6070
      @jean-louislalonde6070 19 дней назад +1

      It really looks as if NO ONE is at the wheel, that the boat is rudderless and headed toward the coast for a major shipwreck.

    • @davebellamy4867
      @davebellamy4867 19 дней назад

      Destruction by design. They can afford to be incompetent because they have the power to transfer all the wealth from us to themselves, whatever type of collapse happens. We have allowed them that power over the past century or so. We are contentvto be lied to every day. Noone wants to facecthe truth. It's actually too late. The collapse of the west has to happen. No technology will not save it because there is no really useful new technoligy and the latest computer tech developments are just means to further control.

    • @davebellamy4867
      @davebellamy4867 19 дней назад

      Destruction by design. They can afford to be incompetent because they have the power to transfer all the wealth from us to themselves, whatever type of collapse happens. We have allowed them that power over the past century or so. We are content to be lied to and further subjugated every day. Most people actually want that. They vote for it. No-one wants to face the truth. ... It's actually too late. The collapse of the West has to happen. No technology will save it because there is no meaningfully useful new technology and the latest computer tech developments are just means to further control.

    • @davebellamy4867
      @davebellamy4867 19 дней назад

      ​@@ssuwandi3240Since 2008, I was thinking along the lines of 1 dollar = 1 Euro = 1 Pound = 1 Yuan. That would give about the correct balance of standard of living between productive and debtor nations.

  • @foxmoongaze
    @foxmoongaze 19 дней назад +4

    It has been a much slower build up compared to the Weimar collapse, but I wonder if the problem is so big now that end phase could happen just as quickly once it starts.

    • @ace9840
      @ace9840 19 дней назад +2

      My guess is yes since they’re printing tens of millions out of thin air every single day. When you look at the U,S. Treasury the only difference between $1 and $1 Trillion is 12 key strokes.

  • @davidf1031
    @davidf1031 19 дней назад +12

    Mario, I guess soon Monopoly money will be as valuable compared to the US dollar bill. If you are already stacking pm's it's soon gonna be time to store water, food, fuel and ammo.

    • @des_smith7658
      @des_smith7658 19 дней назад +1

      I've got some ammunition, in a rather damp condition

    • @wimvanaerde6249
      @wimvanaerde6249 19 дней назад

      Sorry but I've been hearing this forever now

  • @ansonholley6651
    @ansonholley6651 19 дней назад +3

    I’m broke … 😢😢😢what little I have left .. the government , food and mandatory insurance puts me into slavery …

  • @JM-si8xr
    @JM-si8xr 19 дней назад +8

    If Trump is for the constitution then he must return USA to a gold and silver standard since the dollar is defined in silver. Of course the best way is to use grams and let gold and silver float in value and be determined by free market forces.

    • @BigHotSauceBoss69
      @BigHotSauceBoss69 19 дней назад

      nope, Bitcoin reserve. its the 21st century sir. digital money.

    • @user-nq2oz8tf2l
      @user-nq2oz8tf2l 19 дней назад +1

      Unfortunately that's impossible without enough silver and gold to back it up. Silver stores were sold off long ago and gold hasn't been audited in ages. There wouldn't be anywhere near enough to back every dollar currently floating around anyways. They could just crash the dollar and restart with a new currency, but a lot of people are going to be unhappy because only those with hard assets will have anything.

    • @fnuclone1229
      @fnuclone1229 18 дней назад

      Then he must take down UCC and maritime legal fiction scams. I highly doubt he can or will....

  • @jennifermcgeorge6983
    @jennifermcgeorge6983 19 дней назад +4

    I agree with Dawn FL, you are a great teacher. I have learned a lot from you. I only started educating myself on these issues in the past few years. I was totally ignorant about finance and I so appreciate each time you take a moment to explain details like the connection between why exactly does the lower interest rate lead to a financial collapse. I struggle to understand this but I'm slowly getting it. Thank you.

  • @CDmatt
    @CDmatt 19 дней назад +17

    Don’t worry Mario. The everything bubble will deflate, just very fast!!!!!

  • @Quadman72
    @Quadman72 19 дней назад +14

    Guten Tag Mario und Rudolf

  • @SubtleReed
    @SubtleReed 19 дней назад +2

    They already have a single form of currency. It's called the "unit" from Russia with love❤😊

  • @brigitteh4825
    @brigitteh4825 19 дней назад +5

    I appreciate you simplifying the whole subject of currencies and the economy so that I can educate myself and prepare for the future.

  • @terryoneilp1421
    @terryoneilp1421 19 дней назад +12

    Good morning Mario,your good lady,and Rudy.

  • @siewkonsum7291
    @siewkonsum7291 19 дней назад +1

    The US, UK and some EU countries had been, and are still printing their individual currencies ie Dollar, Sterling Pound & Euro;
    To cover their annual deficits for the past 2 decades which caused annual inflation in their domestic markets, which gradually exported out to the global markets.
    And among themselves they set-up exclusive currency swap lines to cover each other import-export deficits payments. These countries are a bane to Humanity!

  • @gollwoods3854
    @gollwoods3854 19 дней назад +6

    Good stuff .. forewarned is forearmed!! People better start preparing

  • @blankstares4355
    @blankstares4355 19 дней назад +7

    Good morning Mario and Rudy. Thank you for your steady work sharing this info and insights with us.

  • @mw3516405
    @mw3516405 19 дней назад +6

    Good Morning All, Everything is changing ! Yes , inflation is terrible! Hi Rudy 🐶 Thank you !

  • @carldorschner6996
    @carldorschner6996 19 дней назад +2

    the value of the dollar is the faith and trust of the American TAX payer because the tax payer gives 20% every year of their hard work when the Babyboom workers really retire . .... things will change the tide will go out! ...

  • @davebellamy4867
    @davebellamy4867 19 дней назад +1

    Since 2008, I was thinking along the lines of 1 dollar = 1 Euro = 1 Pound = 1 Yuan. That would give about the correct balance of standard of living between productive and debtor nations.

  • @Discovery2024-rn8kn
    @Discovery2024-rn8kn 19 дней назад +14

    Why should any independent country use a third party currency?

    • @ssuwandi3240
      @ssuwandi3240 19 дней назад

      Because Yuan isn't liquid and has been heavily supported for 4 decades. Mario should try to regress the actual value of Yuan against USD and he might see the code problem worse than dollar Fiat

    • @seeker2118
      @seeker2118 19 дней назад

      ​@@ssuwandi3240The Renminbi/ Yuan would also be a third party currency if the trade is between countries that don't have the Renminbi/Yuan as a national currency. So avoiding a third Party would be countries trading in their own currencies. It will eventually be difficult to avoid the Yuan/Renminbi as China is the world's biggest importer/exporter.

    • @gregorygreene1940
      @gregorygreene1940 19 дней назад +1

      Ask the people of Zimbabwe. The native population in the middle of Africa would rather use US dollars then a gold backed currency by their own country (ZIG). That's how ubiquitous the US dollar is and the idea it's going to collapse suddenly is pretty stupid.

    • @martinback187
      @martinback187 18 дней назад

      Ask Gaddafi, Saddam Hussein and others what happened

    • @ssuwandi3240
      @ssuwandi3240 18 дней назад

      @@martinback187 not sure why wars gotta affect the Fiat dollar. Pls enlighten the hard working citizens beyond the typical rhetoric

  • @davebellamy4867
    @davebellamy4867 19 дней назад +1

    16:20 Mario, I think it's 99% to the nearest percent. That's 98.5% or more. The max/min is 7000 odd %. It would have to be 10000% to be exactly -99%. That would happen at $3500 gold, since it was $35 in 1953.
    In grams, 0.0125/0.8927 = 0.014002. So still 1.4% left but that's 1% to the nearest unit of course!😮

  • @AshleyGraetz
    @AshleyGraetz 19 дней назад +4

    Neo Bolshevik evolution talking over the world

  • @michaelsiemering513
    @michaelsiemering513 19 дней назад +1

    Thanks Mario for the book: The Great Depression, a Diary by Benjamin Roth, it really helps someone understand, and all you do

  • @FelixTheCat69
    @FelixTheCat69 19 дней назад

    You are so right Mario on how to counter inflation, and that is with deflation of the currency. I even catch myself calling rising prices inflation because we are so conditioned to speak of it like that. Thanks for continuing to educate us.

  • @gmachlin
    @gmachlin 19 дней назад +18

    Invest in Bitcoin before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.✳️✳️

    • @WinniAltieri
      @WinniAltieri 19 дней назад +3

      Many new tra-ders struggle without proper guidance. I found success through James Clark's expertise.

    • @MrJohn-zb2bi
      @MrJohn-zb2bi 19 дней назад +2

      ​@@WinniAltieriexactly that's why I always seek Mr J Clark's guidance in all I do 😊

    • @happyferet69
      @happyferet69 19 дней назад +1

      James Clark's market insights have consistently led to profitable decisions.

    • @semendx
      @semendx 19 дней назад +1

      I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?

    • @AseoLimpieza
      @AseoLimpieza 19 дней назад +1

      Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.

  • @PonziZombieKiller
    @PonziZombieKiller 19 дней назад +5

    Powell stepped down/out yesterday. Inflation has won ! 😮

  • @CDmatt
    @CDmatt 19 дней назад +8

    Good morning from USA

  • @frederickmuhlbauer9477
    @frederickmuhlbauer9477 19 дней назад +4

    I’m having back surgery in Istanbul on Sept 1st Will be buying more metal as well My wife will have to carry it though 😀

  • @peterbrunsgaard2012
    @peterbrunsgaard2012 19 дней назад +6

    Good morning Mario, Rudy, and everyone! ☕️🥓🍳☀️

    • @indy5542
      @indy5542 19 дней назад

      Did you move to Russia?

  • @jjvsqz
    @jjvsqz 18 дней назад +1

    Thank you for all your awesome knowledge. I am lucky I discovered you.

  • @paulgipson4682
    @paulgipson4682 19 дней назад +1

    Good morning Mario I will be making another silver and gold purchase on Monday hope you have a great weekend all is good in Orcutt

  • @14Unow
    @14Unow 19 дней назад +1

    Well they admit to 800k unemployment revision, but the figures may well be even higher for much longer period of time.

  • @grantharding8868
    @grantharding8868 19 дней назад +3

    I'm glad I have my PM stack.

  • @FredericJeon
    @FredericJeon 19 дней назад +1

    We are currently living in an era of unprecedented cumulative inflation and debt. The FED should have set its management targets on cumulative PCE and debt levels, rather than just the PCE rate. It seems they realized from the start that these were unattainable goals and instead aimed for a showy response to the PCE rate, coupled with populist interest rate and monetary policies. Unfortunately, individual crisis management is now necessary...

  • @Sgtrp-cp9qp
    @Sgtrp-cp9qp 19 дней назад +4

    Think l’ll go by my Local coin dealer on Tuesday when he opens and see.

  • @BlueWaterSTAX
    @BlueWaterSTAX 17 дней назад +1

    Well said Sir. Thanks Mario

  • @chriseustace9734
    @chriseustace9734 19 дней назад +3

    Might the Launch in October of the 40% Gold based Commodities by BRICS Plus Put the Cat Amongst The Dollar Hegemony Worshippers ?

    • @gregorygreene1940
      @gregorygreene1940 18 дней назад

      Do you trust the BRICS nations to tell you the truth about how much gold they have? This is the fallacy of the gold backed solution. It's still based on trust in the government, or worse, trust in the dictatorships of Russia/China. No audits by truly independent sources will be done. If they need more gold to create more units they will simply say we have more gold. It's just another way to print money out of thin air. Anyone thinking the US was not guilty of this during their own gold standard run is naive. The gold standard is not the answer.

  • @indy5542
    @indy5542 19 дней назад +2

    Excellent presentation. Be safe.

  • @chriseustace9734
    @chriseustace9734 19 дней назад +2

    One could be forgiven thinking a need for higher interest rates requires a Major Worldwide Conflict to reinstate old fashioned values once again !

  • @christasgamingchannel6120
    @christasgamingchannel6120 19 дней назад +6

    Exchange all your dollar to GOLD.

    • @rubies200
      @rubies200 19 дней назад

      Not "all". We don't know how long the fiat dollar will have some utility.

    • @BigHotSauceBoss69
      @BigHotSauceBoss69 19 дней назад

      exchange them all in to Bitcoin

  • @user-qo6lk5ec9f
    @user-qo6lk5ec9f 19 дней назад

    The value of the dollar to gold will be asymptotic unless the dollar becomes worthless. Even in Weimar Germany the currency wasn't worthless so the ratio will tends towards zero but unless it collapses it will not equal zero.

  • @darrellcross4538
    @darrellcross4538 19 дней назад +4

    Regards from Australia 🇦🇺

  • @DavidG-qe7yn
    @DavidG-qe7yn 19 дней назад +2

    Thanks Mario 😎

  • @bruced47
    @bruced47 19 дней назад +3

    The odds that Jay Powell will admit he was dead wrong about inflation are the same as the sun rising in the west tomorrow morning. 😄😄😄

  • @gregorygreene1940
    @gregorygreene1940 19 дней назад +1

    People have been predicting the collapse of the US dollar for a long time. They will still be predicting it 10, 20, 30 years from now. Doesn't mean you shouldn't have a percentage of your investments in precious metals though. You should always be as diversified as possible. This year I started building a position in the IBIT ETF as I wanted to get in on crypto. Perfect compliment to my gold/silver miners and SLV position. Whatever you do, do not go all in on one asset. Spread it out.

  • @dongonzales7077
    @dongonzales7077 19 дней назад +1

    Thanks for always starting out with today's date

  • @marney3340
    @marney3340 19 дней назад +1

    Morning Mario, Rudy and good people. Hyper inflation is starting, prices are going up on everything. You are right Mario, interest rates in the US should go up, not down. The price we will pay is going to be catastrophic. Have a good weekend.

  • @verypleasantguy
    @verypleasantguy 19 дней назад +17

    If *_"Dollar on the Precipice of Losing Massive Purchasing Power"_* then that will make the people in the United States of America even more happy !

    • @frederickmuhlbauer9477
      @frederickmuhlbauer9477 19 дней назад +12

      More like more miserable

    • @verypleasantguy
      @verypleasantguy 19 дней назад

      @@frederickmuhlbauer9477That's what I said !

    • @davedefea5530
      @davedefea5530 19 дней назад +2

      Why?

    • @fredjohnston7022
      @fredjohnston7022 19 дней назад

      @@davedefea5530 Think of it this way. The USA has been printing money for 50 years to buy 'things' from other countries. Those other countries have to WORK to provide those services/products. Massive international build up of manufacturing and industry, as the USA closes everything down because we can just print money and buy things with all the debt created.
      They work. We print. Once they don't take US$ anymore, what does the USA provide now in exchange for those REAL products/services? All of a sudden the US$ has less (or no) value to others which means they want something OTHER than just printed US$. USA can't continue printing because of inflation, or hyper inflation if we do.
      America is consuming 30% + more than we can afford without the WRC (World Reserve Currency (US$)). That means a cut in lifestyle of at least 30%. BUT, it does not end there - the depression created by that 30% cut will require another cut - so USA is probably living 2X above it's means right now. Add on top of all this foreigners that own property in USA (real estate and stocks) won't need them anymore without WRC which will send prices of stocks/property back to their utility value - what people can afford to live.
      It's time for America to get back to work - and it's going to be brutal once the wake up call rings (likely a stock market crash starts it all). Long run it's a good thing.

    • @gollwoods3854
      @gollwoods3854 19 дней назад

      Because goods will increase in price. Many people have no extra income. Things are high now. ​@@davedefea5530

  • @modus_operandi2508
    @modus_operandi2508 19 дней назад +4

    I'm in for some alternative economics,let's do this.😁👍

  • @grantharding8868
    @grantharding8868 19 дней назад +1

    I am old enough to remember the late 70s when had oil shock and CPI spiked and it triggered the explosion on PM prices.
    We could very well be facing a black swan event that could trigger the closure of the Straits of Hormuz

  • @JesusPeopleSF
    @JesusPeopleSF 19 дней назад

    I don't care if inflation is at zero or negative. It doesn't make up for the fact that real wages are not anywhere near the extant price rise in food and housing.

  • @11imech
    @11imech 19 дней назад +5

    What is your timeline prediction Mario?

  • @s1988teve
    @s1988teve 19 дней назад +10

    Two countries entrusted with God's word and the Gospel, and have gone apostate: the UK and USA. They should prepare to be punished.

    • @lins3082
      @lins3082 19 дней назад +3

      Those guys with small hats parasited into both .. . Very slowly over couple of centuries .

    • @davebellamy4867
      @davebellamy4867 19 дней назад +1

      The bankers have tempted the masses and savings have been dissipated and replaced by debt. Now, the debt is unpayable. Soon, the interest will be unpayable and the most meaningful fall in standard of living and quality of life will come to the West.

    • @davebellamy4867
      @davebellamy4867 19 дней назад +1

      Last part of Psalm 149. It's in there in black and white. 3000 years ago.

    • @user-nq2oz8tf2l
      @user-nq2oz8tf2l 19 дней назад +1

      @@lins3082 Wait til they learn what Christianity is based off of.

    • @lins3082
      @lins3082 19 дней назад +1

      @@user-nq2oz8tf2l true Christianity or the vat a con

  • @TomiAnneTimm
    @TomiAnneTimm 19 дней назад +2

    What shall be done unto the man whom the king delighteth to honour? Wherefore God also hath highly exalted him, and given him a name which is above every name: that at the name of Jesus every knee should bow...

  • @jledford5644
    @jledford5644 19 дней назад

    Wow. Thank you Mario.
    Telling it like it is! 😮

  • @rumpelstiltskin9768
    @rumpelstiltskin9768 19 дней назад +1

    127 yen to the dollar? That will make Ueda happy. He was under presesure at 160. He did come out and say "he is going to watch things very carefully".

  • @French_Connection
    @French_Connection 19 дней назад +3

    Sure your message is CONSISTENT. From Sg, Sg.

  • @andrewking9435
    @andrewking9435 18 дней назад

    As Buffet says need income producing asset like property, farm or value business.
    Then debt incurred to buy it will be devalued with inflation while capital value increases over time and cashflow from price of goods and services produced can increase with cpi.

  • @chrisjwilson736
    @chrisjwilson736 19 дней назад

    Why don't' the fed revalue gold at say 50,000 dollars an ounce and say silver at £5,000 dollars an ounce.
    That would make a big contribution to the 35.25 trillion dollar debt?

  • @christopherf3918
    @christopherf3918 19 дней назад

    Thanks for all the great information. Thats what it is. Information. Take it for what it’s worth. But, I believe it is priceless. We’re being lied to by the elected officials and their appointees.

  • @disneytakeshugedix7463
    @disneytakeshugedix7463 19 дней назад +3

    Currency 💵 bubbles 🫧 implosion ! Look 👀 at the Japanese 🇯🇵 Yen 💴, the first G7 currency 💵 to collapse ! Sigh 😮‍💨

  • @davidbradley9204
    @davidbradley9204 19 дней назад

    IMO they're playing us. The recent run up in the Dow, S&P, etc. will be offset when they don't raise. The Dow back to 38K or so. They'll see saw until the confidence is broken. They know that they can't raise.

  • @chriseustace9734
    @chriseustace9734 19 дней назад +1

    The WW1 Allies recognised the 100 Million Mark reparations should be made in Gold Marks which occasioned the eventual currency collapse. Equate US Debt to this scenario!

  • @erastusturnipseed8318
    @erastusturnipseed8318 18 дней назад +1

    For what shall it profit a man, if he shall gain the whole world, and lose his own soul?

  • @QuaaludeCharlie
    @QuaaludeCharlie 19 дней назад +1

    I remember all of this , It's just like the other thing . Got to get Metals and Save them . Happy Weekend :) QC

  • @judithparker4608
    @judithparker4608 19 дней назад +1

    Metric Petro Pound....1972....Not Imperial Pound Sterling £ s p....Ended 1972...NO SECRET !!!

  • @pauljames9056
    @pauljames9056 19 дней назад

    Best knowledges sharing on RUclips!!! You create your own self.

  • @Mynx2022
    @Mynx2022 19 дней назад

    Excellent, as always! Thank you Mario ❤

  • @Myscentsei
    @Myscentsei 19 дней назад +1

    Tungsten to skyrocket

  • @flakieflake9616
    @flakieflake9616 19 дней назад +1

    The Chinese economists who appear to be very good reckon 4 years or $50Tn debt before USD collapse. They are one of the few groups to give some hard numbers and time scales.

    • @ABC-xp8he
      @ABC-xp8he 19 дней назад

      That analysis seems to coincide with China's 2030 plan. 50 trillion seems like a breaking point.

    • @fnuclone1229
      @fnuclone1229 18 дней назад

      ...and that debt is the credit of the US citizens! Biggest scam in history

  • @Blueberryredbull
    @Blueberryredbull 19 дней назад +2

    Oy veyyyyy

  • @christyeasley6235
    @christyeasley6235 19 дней назад +2

    What good would raising rates and handling over the rest of assets to Bank's who used faked debt to obtain. How will up , down or any direction of rates help anyone but the 1% they can create fake debt and buy all the gold, raise rates to 50% then what?

    • @cockyhemi
      @cockyhemi 19 дней назад +1

      It’s one big shit burger, and everyone’s gonna take a bite.

    • @Crosshatch1212
      @Crosshatch1212 19 дней назад

      Gonna be a big cuboaddfull of gold find ,soon ,

  • @lowbloodprsure
    @lowbloodprsure 19 дней назад

    Mario the dollar to gold can never go to zero. It's like halving something to infinity. Never zero.

  • @Ampermetras
    @Ampermetras 19 дней назад +3

    Occultists families trying to create Paradise on planet Earth but always fail.

    • @jamesers99
      @jamesers99 19 дней назад +2

      They're trying to create paradise for themselves only, while the rest of us starve and go broke.

    • @fnuclone1229
      @fnuclone1229 18 дней назад

      Elohim cult

    • @patienceobongo
      @patienceobongo 17 дней назад

      Tikkum Olam

  • @advdad1129
    @advdad1129 19 дней назад +3

    What will happen to US inflation when the chickens (US dollars) come home to roost?

  • @Andrew-rc3vh
    @Andrew-rc3vh 9 дней назад

    I don't think gold is the index of value. The value of a currency is what it will buy for you. True value would be indexed on a basket of goods in proportion to how much of each you use. Gold is like any other commodity, it is unstable and rides a curve on supply and demand dependence. There is just a lot of gold buying going on right now, hence the price is pushing above the basket of goods index.

  • @MrMoto948
    @MrMoto948 19 дней назад +4

    Whats going to happen to the currency of the grovelling 51st state of the US, the aussie dollar?

    • @cockyhemi
      @cockyhemi 19 дней назад +1

      Don’t be silly. The 51st state of the US is Japan. Lol!

    • @anonamous6278
      @anonamous6278 19 дней назад +2

      @@cockyhemi nah man it's the uk

    • @Rdott82
      @Rdott82 19 дней назад

      Their all in each others pockets

  • @rutgerborjesson4552
    @rutgerborjesson4552 19 дней назад +1

    What was the price outside Germany during the same time frame?