🎉, the only tier 1 is gold. But silver is best. We are at war, China is on the March. The US government/ Brussels BIS/Deep State corporation$ are Declared the living men woman children enemy of the Roman system/ UCC code. Be advised.
"Saved up $275k in my emergency fund and finally ready to dip into this investing world. Everyone says rate cuts make stocks shoot up, but I’m here like… does it though? Or is that just Wall Street’s version of clickbait? Might just throw my money at index funds and see what happens. Any better ideas for a headstart?"
Hey, congrats on stacking that $275k! Rate cuts aren’t always a golden ticket, trust me. I thought the same, then realized markets don’t follow logic-they follow emotions and headlines. Honestly, I went the financial advisor route. Mine’s helped me focus on long-term gains instead of chasing rate cuts. Maybe worth a shot?
Honestly, I’ve been thinking of getting an advisor too. Trying to figure out how to start investing has my head spinning, and I know I need help. Any tips on how to find a good advisor? I don’t even know where to begin with that.
There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with 'Linda Aretha Reeves' for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.
Would love to see him address future occurring risks and how he handles these situations yourself. As for me, Even with my healthy cash reserve I can't figure buying into moat heavy, cash flow grantors, buy on dips, and enjoy the bull markets when they happen.
I need the market to go down some anyway. The small pullback at the beginning of the month wasn't enough. Many are overpriced now and buffet sold his. I was looking for a rough setback as I am eager to capitalize on the market.
@SlowrideHome91 Well it seems like a lot of your interest is riding on your source, I could really get well accustomed to your viewpoint, get me involved.
Everyone is advocating investing for passive income, but with a 70-hour workweek and limited financial knowledge, how can I manage it? RUclips videos say "BUY, BUY," but when and how do I sell for profit at the right time?
Well all i know is that you cannot go wrong taking profit at near high. No one ever went broke taking a 10% loss. It's best if you consult with a fiduciary advisor to get informed buying & selling decisions.
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like “Sophia Nadene Morgan” I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.
Is stock market actually getting better or is this the regular start of the quarter market manipulation to entice investors? I'm currently sitting on savings and i'm wondering do I invest in company stocks or just buy gold?
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
Not to blow her trumpet, but “Jessica Lee Horst” is exceptional in navigating tough markets. She has been planner ever since we met in London global economy conference. she's verifiable , so you could just search her and book an appointment. good luck!
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
It’s daunting if you ask me, the market has gone bonkers. What’s left of my 90000 portfolio now isn’t looking good, I am curious about ways to capitalize on the market
Absolutely! Fortunes are made in bear markets. We aren't in a bear market, but nibbling on heavy red days has proven to be fruitful for me over 3 years of investing. My portfolio is built to create generational wealth in all markets, especially (ironically) in red markets and just surpassed the ~$1m milestone. Don’t sell when the market is down. Even if you are a DIY investor, getting help from a CFA that puts the time in to research companies thoroughly and implement effective risk management strategies can be invaluable. This system has proven effective for me!
I’m trying to get an advisor for guidance but it’s harder than you think. Anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it’s not too much trouble
Henrik has been touting a massive stock market collapse for years and years. And thus far he has been completely off. He stated a few years ago before the Pandemic that gold was going to 800 USD yet after the 2015 low well before his proclamation, gold has continued to go higher and now is over 2400 USD. If I would have listened to him I would have been toast as interest rates before 2 years ago were close to 0 and parking money away with high inflation would have been a disaster as well as missing out on the gains. So, over the past 9 years with an average 17% annual return, strategically selling some PM, Uranium and tech and now with 30% PM, 25% bonds and the rest mostly stable dividend stocks I can weather the storm. NEVER LISTEN TO THIS GUY. Of course there will be a major correction at some point, there always is (2000, 2008, 2020 with some mod corrections between) but this doesn’t mean that Henrik is correct it just means the markets do what the markets do. I would never listen to him and turned off the video when he started speaking.
Thank you for pointing out his track record. Was wondering about it. One thing I also wonder about, is how so many doomsayers seem to forget how AWFUL a bear market 2022 was. It's not likely the markets crash the same way, already now again, later in 2024. That said, I do see a correction coming in the coming months. I don't agree with Zeberg's BTC call and blow-off top. I see more a possible sideways, perhaps downwards-sloping period of 3 to 7 months.
I have got out the stock market more than a year ago . I now hold real gold hundreds of K worth and property with no mortgages all paid in cash . I’m staying like that for the next 3-4 years
The question someone needs to ask Henrik is, specifically, how is he coming to these conclusions? In interview after interview with market forecasters like Henrik and David Hunter, you hear these dreadful prognostications, but no podcaster ever asks the obvious question, "What are the specific indicators that point to this?" Instead, we hear the usual vague generalizations about leading vs lagging indicators, debt and money printing. Debt has been a bogeyman for permabears for 40+ years, and yet the market just keeps going up. I don't dismiss Henrik's thesis, but it's important to challenge it expertly to determine if there's real merit to it.
I'm certain in the currency reset, people who worked hard, saved and were financially responsible will be cheated of the fruits 🍑 🍏 🍇 🥭 of their labor.
Money these days is Debt owed to the Fed and Money printing is even more debt owed to the Fed, both reasons why Gold priced in that debt has been doing well and I don't see that changing much.
Used to think investors lose out amid crash, meanwhile some make profits. I also thought folks went out of business during the great depression, but some went into business. Bottom line, there's always depression for some while others amass wealth gains.
well said, in my opinion, times are crazy now, hence everyone needs a sort of financial planning in order to thrive forward. ideally, investment advisors are the best reps for getting the job done
Right, a lot of folks downplay the role of advisors until being burnt by their own emotions, no offense. I remember years back, amid covid-19 outbreak, I needed a good boost to help my business stay afloat, thus researched for licensed advisors, and thankfully came across someone of excellence. She's helped grow my reserve notwithstanding inflation, from $350k to nearly $1m as of today.
I have worked with a few financial advisors before now but i ultimately settled for Lauren Marie Ehlers. She is SEC regulated and licensed in US. You can easily look her up
Interest pmts, taxes and insurance up significantly, prices of everything is outrageous….. horrible debt for everyone esp this government! It didn’t take a brain surgeon to see this coming. Been holding my breath for almost 4 years !!!
Thanks for the positive comment and for taking the time to view our content! If there is anyone else you would like to see interviewed on our channel please let us know.
I understand the argument of selling assets to address market liquidity issues, and that can be a relatively short-term phenomena if/when markets rapidly plunge, and gold will be sold at that time. But there are a couple of issues - a lot of that is paper trading, and physical metals may still be in very short supply during this period, so the plunge in a way maybe artificial, and short-lived. Secondly, if the fed is cutting rates, surely this makes the dollar less attractive, and is longer-term positive for gold and silver. To navigate these issues seems to require some difficult timing - regarding being in metals to take advantage of rate cuts, moving over to bonds during the liquidity event, and then back into metals when they are bottoming. Do I have this right?
He appeared to leave out the small detail of Gold/Silver shorts - but "when the Bitcoin shorts are broken...it will explode..." - or is Gold/Silver not shorted?
9:54 The FED is always late not because they are stupid or following a lagging indicator. They are late because they want tight 'control' of the 'business cycle' while hiding behind the appearance of ignorance.They use the most important lever in society to gain power, slowly but surely.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Yes he made a good call especially after that move in early Aug.
You keep saying they're late on cutting rates. The price of everything is already double and triple. If they cut rates now, everything is going to go up again. Housing is already unaffordable enough and if you cut rates, it goes up again. We're in a very bad situation in a way that no matter what policy you exert you are bound to face pain. I would say, let WS suffer and big corporate suffer in exchange of killing inflation. Of course, the risk is higher unemployment rate tho.
Credit rates need to come down. Housing will drop when foreclosures are allowed after the Presidential election. People need to tell elected officials to bring jobs back, eliminate the tax deductions for corporations to outsource work, and deport the illegals who undercut compensation while getting tax paid benefits - Americans do not recieve while working.
A lot of data support that Henrik is correct. But the more we drum on this, the more likely its not playing out as predicted with regards to the timing. So far he pushed the predictions forward a lot of times. I think he will keep on doing this and we will end up in Q1-Q2 2025. Let’s see. Exiting times.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Its a tough job being a forecaster but I think what is distorting everything is the trillions of dollars the Biden admin is spending.
Truth is that the market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?
I had a similar experience. A financial advisor could really help you re-adjust and identify blindspots that you yourself do not notice, like mine did in advising me during COVID on how the pandemic will shape things, and I made it out big and still make up to at least 20k in dividend per month.
'Sharon Ann Meny' 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
well folks don't think the sahm rule or a yield inversion matters anymore either. Did all the leading indicators in history just stop working. Of course not it just means folks are in the denial phase of the cycle and we are about to have a come to Jesus moment. I am going to sell (short) into the next big really if we get one.
Gold's role has changed a lot. As far as I know the average investor holds less than 1% of his funds in gold. That used to be different. So, gold selling for liquidity won't happen on the scale Henrik suggests. The central banks driving up the price won't sell. The western investor is not part of the price movement anyway. So, Henrik will be proven wrong. We will see how his prediction on BTC will play out.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I am with you. Gold will not rip like btc but I think its safe to say it will be around in 5k years, I dont think btc will be.
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*
Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
Brian Humphery Services 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 Brian.
Not to hate on the Buffet Indicator, but why use it to gauge the US stock market valuation relative to US GDP, when companies are doing business everywhere in the world?!
I think Henrik's calls have been better than chance in the past. That said, there's not a lot of time left to hit 6000 before unemployment data sours in a big way. I'd give 80% odds that we've reached the jobs inflection point, where every month's increase in unemployment will equal or exceed the last month's. That happens every recession. The trend holds for at least 6 mo, usually.
It's Jimmy Connor, thanks for the comment/question and for taking the time to view our content! The CBs have been acquiring gold since early 2022. You might recall after Russia attacked Ukraine, the US froze $300 billion of Russian assets. Other governments at risk of having their assets frozen started buying gold which is held within their own country so it cant be confiscated. In addition, gold is a hedge against depreciation of US assets such as T-Bills.
It's Jimmy Connor, thanks for the comment/question Peter! Keep in mind this is one man's opinion and you know what they say about opinions. I don't give investment advice but I do like gold as an asset class and always have 10-20% weighting and have other weightings in staples and financials. You will have to speak with your investment advisor to determine what is best for you.
buffet the greatest investor? what makes you think that he doesn't have connections in the finical arena and directly into these companies that gives him a heads up
, the only tier 1 is gold. But silver is best. We are at war, China is on the March. The US government/ Brussels BIS/Deep State corporation$ are Declared the living men woman children enemy of the Roman system/ UCC code. Be advised.
Bitcoin is the best preforming asset in history mate! Sorry to break the shocking news to you. Just pull up the chart and look if you don’t believe me.
I totally disagree with Henrick where the s&p is going. I think it will go down until 10/31 24, then might go up a little in 11/24 & 12/24 then goes down 1/25-12/25
Appreciate this video but will either U S presidential candidate have the ability to avoid printing more money during their administration? One will increase the printing of money by cutting taxes and the other by funding more programs. Either of these outcomes has the potential to increase asset values but both seem certain to be accompanied by some form of global economic bifurcation already underway in response to the dollars diminishment as a store of value for nations that want greater economic autonomy.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! You are correct in that inflation is not going away unless of course we get a major reset.
I don't believe him when he says the stock market will collapse and yet gold will collapse as well but bitcoin will moon,hes not making sense,there are plenty of none correlated assets that act in certain ways in times of crisis and he is saying the opposite. I gold normally goes up when internet rates go down,I don't believe bitcoin going to 110 or 105 either..
It will be a vicious cycle for the next 12 -18 months. Just pray that the banks can withstand the bad debts otherwise the whole financial system will implode, and you will lose all your savings overnight. You might then see another round of even higher inflation after 24 months as the printing press begin to print more fiat currency, primarily to save the banks and maybe some big corporations. Let's hope there are no bank bail-ins then even if you're employed it will be useless. Your purchasing power will erode further but it will be meaningless as the banks are bailed -in and you lose access to your accounts / funds. Will there then be CBDCs??? Will they then ban the sales of Gold and Silver? Even government bonds might not be safe! The repo market will seize up. The Risk of bank bail-in will be a real game changer this time. Your best bet might be to have cash and gold under your mattress.
His statement about Gold is concerning. Many in finance and economics feel Gold will go up, but people like Harry Dent and Henrick Zeberg feel it will go down. Looking at March 2008 to October 2008 there was a 34% drop, but by August 2011 it was up approximately 170% from October 2008. That is great if you don't need to touch the investment and have the fortitude to stay the course. For me, I'd be freaking out. The 2020 drop in gold lasted about a month and then upward. I understand the lack of liquidity deflating Gold, but he does not get into the inflationary affect except to mention a DXY drop. If the FED comes in hard, it would seem to me it would create an Inflationary environment that Gold thrives in due to the DXY declining. Which will it be - Inflationary or Deflationary?
This is just a blip. I worked on the exchange in 87 through 2017. A panic a crash was 87. All you that have only been in the markets for last 20 years have seen nothing.
It's Jimmy Connor, thanks for the comment/question! Henrik believes we are going into a deep disinflationary cycle where prices of all assets collapse including gold.
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Melissa Elise Robinson is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
such an eye-opener! curiously inputted Melissa Elise Robinson on the web and at once spotted her consulting page, she seems highly professional from her resumé
@maxwolf8055 “Fear God, and keep His commandments: for this is the whole duty of man.” Jesus, the Preacher, Book of Ecclesiastes “The fear of the Lord is the beginning of wisdom.” The Holy Bibl
@maxwolf8055 “Fear God and keep His commandments: for this is the whole duty of man.” Jesus, the Preacher, Book of Ecclesiastes “The fear of the Lord is the beginning of wisdom.” The Holy Bible
I would agree to most of the reasoning here, and I do believe that those indicators pointing to a weakening consumer would eventually lead to recession this year or the beginning of the next. That said, NVDA losing 90%-70% of its value is day-dreaming. Stocks that will lose 90% would be those with fwd P/E >100. NVDA fwd P/E = 48 as of today, which makes it expensive, but I would hardly see it losing more than 40% (for a final fwd P/E of 30), since it is the leader of the growth stocks in the S&P500 right now (stellar growth expectation, great business model, market share and its well ahead of the competition, and the AI cycle just beginning).
The S&P almost got there in March 2020.... The funny numbers representing stock markets are ridiculous. Random and meaningless. Bitcoin at whatever price you want to give it... It is for the last man standing to decide if he is tricked into buying it at an inflated price...
Better to closely monitor and track the banks' credit delinquency rates, non-performing accounts rates and amounts, bad debts provisioning amounts, bad debts write-off amounts and especially the banks’ capital ratios. Bank bail-ins is a serious threat to the entire system and to one's wealth and well-being
Even with hundreds of highly paid analysts watching Lehman Brothers and thousands of overpaid PhD economists both at the central bank and in private industry watching 👀, not one of them predicted 2008. That gives you an idea of their competence. You will know when it happens when you read about the CEO having fled to the Cayman islands.
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. In the next 6 - 12 months more companies will report forward guidance on their earnings.
Housing bust will not happen. Oh, how I wish it would! I would love to buy that $900,000.00 house in Myrtle beach for $475,000.00. I am not that lucky. Cost to build has never gone down in my lifetime and I was born in the 50's. New car prices have never gone down either. Both will only go up.
@tmo4330 I watched your exact scenario play out in 2008... and that was nothing compared to the current situation. You won't want anything to do with that condo in the heat of the collapse.
@@jkeller2129 I also think the current problems are much different than the 08-09 crash. To be honest, I believe we will have hyperinflation with everything only going up. In other words, I do not see "less dollars" buying "more goods" in the future. If anything, I see housing going straight up in price from here. I see the dollar being worth less and less, and prices going up and up. What is your opinion?
This is just the beginning. Remember 2007 then a couple of small banks went under. Then the flush out from Oct 2008 until Mar 2009. Can the FED save the Banks? The European banks are even worst off. I'll save my cash and Gold under my mattress.
Time horisions matter. IMHO I think BTC goes to 10k before it goes to a million. That will take years not 5 months. Define your time horizion. It matters.
Gold is likely to have a significant pull back once we get a blow off top like what happened in Jan 1980 and Aug 2011. Then it will be a good time to add more to positions. The politicians will always chose to create more debt and fiat money.
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
James, I do not think Buffett is a great investor. The internet says he only makes 10% per year for the past 30 years. Did Buffett sell half his apple stock because he thinks the price is going down? So, why didn't he sell all of it?
It's Jimmy Connor, thanks for the comment Frank and for taking time to view our content! No one knows why he sold. Maybe he was raising cash to buy something right now or maybe he was just taking his weighting down because it grew too much.
It's a pleasant change to hear the analysis and perceptions of a macro economist outside the US. One observation I notice on almost all financial videos are complaints of viewers who claim incompetence of guests. It's tiresome and only reveals the naivety and lack of sophistication of these commentators. Life, itself is completely unpredictable. How can the financial markets be forecast, time wise. Few people can accept that everything evolves very slowly until it suddenly, usually with no forewarning, something unravels. Most everyone knows typical consumers are tapped out. Lately, I track the wealthy. The upper 20%. I'm beginning to see better dressed customers when grocery shopping in my local co-op. For the upper 5% I watch LUX and LUXX on my Brokerage account.
Not sure about his conclusions. Bitcoin didn't go sideways it dropped 20% & is pure speculation #gamblingchips. Yet Nvidia is a bubble with earnings, profit & demand all still up? I'm not saying it won't come down ever but this is the start of ai investment not the end.
Reading the comments below concerning the sell off of Gold , shows major bias of defending one's perspective with emotion ! Gold will get monkey hammered when the Sovereign Debt bubble burst always has and will again , sorry ! Then it will rebound as the initial panic subsides , this is just how it works out in the real World , remove your emotions from it all , or you will panic when it happens ! I did my first arbitrage deal in Silver starting in June of 1973 and watched the entire Hunt Brothers debacle unfold 1979-1980 and that's when I learned if things don't go according to plans for the Govt. , they merely change the rules !
Author in this field, kinda. I 100% agree, almost every time inflation is followed by a drop to normal and the much worse inflation - and we dont really know why it happens
@@windfall35 people are unable to live within their means. I started my working life in 1980 at the start of back to back recessions so I am very familiar with austerity. The debt doom loop we are in sickens me! Whatever happened to saving up for what you wanted?
@@thevanman4498 It all came to a crashing halt when government made free money, did not reward saving or prudent allocation of capital that had a cost tied to it and promoted the 'bubble of everything...'
So… Bitcoin is going up to $110-115k then down. Stocks are hitting new highs then crashing. Oil is going to $10/barrell. Gold is going down. Real estate is heading south. Where does one put their cash right now?
After a volitile trip up and down, 1800 on the S&P as a long term bottom sounds like a realistic target that is sadly needed to get us out of the bubble economy and going in the right direction to work our way out of the debt overhand. A solid start for a few very hard years.
I do feel bad that Bitcoin will probably crash… But I agree. People will need to take that money to pay margin calls, etc. and that’s the time when Black rock and countries will sweep in and buy it at a lower price. I will definitely have cash on the side to buy, but it makes me feel bad that people will be forced to sell.
Before the days of YT folks would have had to pay significant $ to hear these types of insights at seminars. Thanks for democratizing and decentralizing it for us.
How will gold collapse when its been real money for 3000 years? Even JP Morgan said gold is money everything else is credit. Meaning that Equals debt in reality
FED dont cut interest rate bc REAL inflation in the US is WELL ABOVE what they show in reports...same fir the other G7 countries...So enjoy stagflation sliding into depression while the US govt continue to spend money like drunken sailor😂😂😂
I agree. The US Government has a choice. They can save the stock market of they can save the dollar. They can't do both. If they save the dollar the stock market crashes. If they save the stock market the dollar goes to zero even faster. Not hard to figure out which one they are going to save.
Always talking about the crash. But how often go we hear of the crash up since 2011. Mkts across the board are so inflated. These mkts have to crash 50 -75% for a median value.
I have this idea. Bitcoin is the same part of the dollar system as the dollar itself. Bitcoin reflects the level of liquidity in the system. Example - Bad employment report on July 29, Bitcoin went down on July 29, the Fed passed on July 31, Nikei 225 started falling on August 1, gold is trying to test a new height on August 2. It seems that Bitcoin foresaw the events. (According to logic, the system will collapse, Bitcoin will disappear. I mean the system, not the dollar itself).
Gold ignores the short term noise and is more a measure of whether people trust their govt. The less the trust, the higher the gold price on average in that currency.
@@mtrest4 The dollar has fallen relative to gold, i.e. it has lost its value in the reserve ratio. This is inflation which has made the interest rate higher to compensate for the loss of the reserve ratio. This is noticeable on credit cards.
So REALLY!? AFTER ALL OF THE DOOM TALKED ON THIS INTERVIEW, NO QUESTIONS AS TO HEDGES? What DOES HE "RECOMENDS" DOING? OR WHAT IS HE DOING SINCE THIS IS NO FINANCIAL ADVISE RIGHT? HOW COME YOU DID NOT ASKED THAT
We organized this interview in a very short period of time during the weekend. We focused on what to do now which is not panic...buy the market. Henrik believes the S&P moves to 6100 then begins to stall out and move lower in the next 1 to 2 years.
I’ve looked at the charts and barring a black swan event , this is my prediction.The 30 year yield has uninverted July 15 2024.The 2/10 will uninvert Sept 2024.The 3 month will uninvert Nov. 2024.We will have a melt up to a peak by Feb. 2025.I expect the Dow Jones will be at 50K.After this peak we will start crashing to a bottom by Sept 2026.I expect the Dow to be below 25K.This recession/depression will last 2+ years.
Right now it's all about protecting our money! Check out Henrik's newsletter jc1.krtra.com/t/a2r9pgo0Fu9c
😅😊9😮
this videos cuts out after a minute or so ... other youtube videos are fine. Someone else in the comments said the same thing.
🎉, the only tier 1 is gold.
But silver is best.
We are at war, China is on the March.
The US government/ Brussels BIS/Deep State corporation$ are Declared the living men woman children enemy of the Roman system/ UCC code.
Be advised.
Ķeep on spreading fear...
Why would gold collapse?
"Saved up $275k in my emergency fund and finally ready to dip into this investing world. Everyone says rate cuts make stocks shoot up, but I’m here like… does it though? Or is that just Wall Street’s version of clickbait? Might just throw my money at index funds and see what happens. Any better ideas for a headstart?"
Hey, congrats on stacking that $275k! Rate cuts aren’t always a golden ticket, trust me. I thought the same, then realized markets don’t follow logic-they follow emotions and headlines. Honestly, I went the financial advisor route. Mine’s helped me focus on long-term gains instead of chasing rate cuts. Maybe worth a shot?
Honestly, I’ve been thinking of getting an advisor too. Trying to figure out how to start investing has my head spinning, and I know I need help. Any tips on how to find a good advisor? I don’t even know where to begin with that.
There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with 'Linda Aretha Reeves' for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.
Just looked up Stacy Lynn staples, and she seems like exactly what I need to get my investments rolling. Appreciate the recommendation!
"Watched Stacy Lynn staples on Bloomberg Finance Summit 4 years ago, and her presentation was amazing! Totally knew her stuff."
Would love to see him address future occurring risks and how he handles these situations yourself. As for me, Even with my healthy cash reserve I can't figure buying into moat heavy, cash flow grantors, buy on dips, and enjoy the bull markets when they happen.
I need the market to go down some anyway. The small pullback at the beginning of the month wasn't enough. Many are overpriced now and buffet sold his. I was looking for a rough setback as I am eager to capitalize on the market.
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased.
@SlowrideHome91 Well it seems like a lot of your interest is riding on your source, I could really get well accustomed to your viewpoint, get me involved.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Everyone is advocating investing for passive income, but with a 70-hour workweek and limited financial knowledge, how can I manage it? RUclips videos say "BUY, BUY," but when and how do I sell for profit at the right time?
Well all i know is that you cannot go wrong taking profit at near high. No one ever went broke taking a 10% loss. It's best if you consult with a fiduciary advisor to get informed buying & selling decisions.
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like “Sophia Nadene Morgan” I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.
I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.
Is stock market actually getting better or is this the regular start of the quarter market manipulation to entice investors? I'm currently sitting on savings and i'm wondering do I invest in company stocks or just buy gold?
The 5 percent fixed incomes are a safe bet. Save your cash for when the market actually shows sign of recovery or better still seek professional help.
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
pls how can I reach this expert, I need someone to help me manage my portfolio
Not to blow her trumpet, but “Jessica Lee Horst” is exceptional in navigating tough markets. She has been planner ever since we met in London global economy conference. she's verifiable , so you could just search her and book an appointment. good luck!
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
LOL! The market is still like 30% up since a year ago even with this drop and everyone is panicking
Yes so true! This market is like a run away train but that's what it does...sucks everyone in and boom!
It’s daunting if you ask me, the market has gone bonkers. What’s left of my 90000 portfolio now isn’t looking good, I am curious about ways to capitalize on the market
Great Buying opportunities today. Embracing pullbacks and correction is key. This is where the money is made!
Absolutely! Fortunes are made in bear markets. We aren't in a bear market, but nibbling on heavy red days has proven to be fruitful for me over 3 years of investing. My portfolio is built to create generational wealth in all markets, especially (ironically) in red markets and just surpassed the ~$1m milestone. Don’t sell when the market is down. Even if you are a DIY investor, getting help from a CFA that puts the time in to research companies thoroughly and implement effective risk management strategies can be invaluable. This system has proven effective for me!
I’m trying to get an advisor for guidance but it’s harder than you think. Anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it’s not too much trouble
Henrik has been touting a massive stock market collapse for years and years. And thus far he has been completely off. He stated a few years ago before the Pandemic that gold was going to 800 USD yet after the 2015 low well before his proclamation, gold has continued to go higher and now is over 2400 USD. If I would have listened to him I would have been toast as interest rates before 2 years ago were close to 0 and parking money away with high inflation would have been a disaster as well as missing out on the gains. So, over the past 9 years with an average 17% annual return, strategically selling some PM, Uranium and tech and now with 30% PM, 25% bonds and the rest mostly stable dividend stocks I can weather the storm. NEVER LISTEN TO THIS GUY. Of course there will be a major correction at some point, there always is (2000, 2008, 2020 with some mod corrections between) but this doesn’t mean that Henrik is correct it just means the markets do what the markets do. I would never listen to him and turned off the video when he started speaking.
Thank you for pointing out his track record. Was wondering about it.
One thing I also wonder about, is how so many doomsayers seem to forget how AWFUL a bear market 2022 was. It's not likely the markets crash the same way, already now again, later in 2024.
That said, I do see a correction coming in the coming months. I don't agree with Zeberg's BTC call and blow-off top.
I see more a possible sideways, perhaps downwards-sloping period of 3 to 7 months.
How is this guy making a living? Inaccurate for years.
I also didn't enjoy hearing gold was going to crash 😢....
I hope he is wrong, and if gold goes down, it's not by much.
Basically do the opposite of what he is saying.
So the market is massively overvalued, and the Fed is late to cut rates? Lol, this guy hasn’t a clue.
I have got out the stock market more than a year ago . I now hold real gold hundreds of K worth and property with no mortgages all paid in cash . I’m staying like that for the next 3-4 years
The question someone needs to ask Henrik is, specifically, how is he coming to these conclusions? In interview after interview with market forecasters like Henrik and David Hunter, you hear these dreadful prognostications, but no podcaster ever asks the obvious question, "What are the specific indicators that point to this?" Instead, we hear the usual vague generalizations about leading vs lagging indicators, debt and money printing. Debt has been a bogeyman for permabears for 40+ years, and yet the market just keeps going up. I don't dismiss Henrik's thesis, but it's important to challenge it expertly to determine if there's real merit to it.
Permabear that will be right eventually
I'm certain in the currency reset, people who worked hard, saved and were financially responsible will be cheated of the fruits 🍑 🍏 🍇 🥭 of their labor.
Don't fight the Fed
Yes, si many finance type discussions are lacking in analytical rigour and are unguided and often padded out with irrelevances
Money these days is Debt owed to the Fed and Money printing is even more debt owed to the Fed, both reasons why Gold priced in that debt has been doing well and I don't see that changing much.
Used to think investors lose out amid crash, meanwhile some make profits. I also thought folks went out of business during the great depression, but some went into business. Bottom line, there's always depression for some while others amass wealth gains.
well said, in my opinion, times are crazy now, hence everyone needs a sort of financial planning in order to thrive forward. ideally, investment advisors are the best reps for getting the job done
Right, a lot of folks downplay the role of advisors until being burnt by their own emotions, no offense. I remember years back, amid covid-19 outbreak, I needed a good boost to help my business stay afloat, thus researched for licensed advisors, and thankfully came across someone of excellence. She's helped grow my reserve notwithstanding inflation, from $350k to nearly $1m as of today.
Glad to have stumbled on this, Mind if I ask you to recommend this particular coach you using their service ?
I have worked with a few financial advisors before now but i ultimately settled for Lauren Marie Ehlers. She is SEC regulated and licensed in US. You can easily look her up
I just googled Lauren Marie Ehlers now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Interest pmts, taxes and insurance up significantly, prices of everything is outrageous….. horrible debt for everyone esp this government! It didn’t take a brain surgeon to see this coming. Been holding my breath for almost 4 years !!!
Thanks. Very easy to understand, straight forward. I liked listening to his podcast. ❤❤
Thanks for the positive comment and for taking the time to view our content! If there is anyone else you would like to see interviewed on our channel please let us know.
I understand the argument of selling assets to address market liquidity issues, and that can be a relatively short-term phenomena if/when markets rapidly plunge, and gold will be sold at that time. But there are a couple of issues - a lot of that is paper trading, and physical metals may still be in very short supply during this period, so the plunge in a way maybe artificial, and short-lived. Secondly, if the fed is cutting rates, surely this makes the dollar less attractive, and is longer-term positive for gold and silver. To navigate these issues seems to require some difficult timing - regarding being in metals to take advantage of rate cuts, moving over to bonds during the liquidity event, and then back into metals when they are bottoming. Do I have this right?
Recession in India? Indonesia? I didn't see it in Jakarta last month.
He appeared to leave out the small detail of Gold/Silver shorts - but "when the Bitcoin shorts are broken...it will explode..." - or is Gold/Silver not shorted?
It's Jimmy Connor, thanks for the comment/question! I will clarify in our next interview.
Come on. Gold has held its value well for centuries!!!!!!!😊😊😊
Yes in fact for 5000 years! If it drops 50% I will be buying more!
Damn right.
No come.. Value has held its centruries well for gold.
@@BloorStreetCapital 5000 years in fact for yes. If I will be buying more it drops 50%.
9:54 The FED is always late not because they are stupid or following a lagging indicator. They are late because they want tight 'control' of the 'business cycle' while hiding behind the appearance of ignorance.They use the most important lever in society to gain power, slowly but surely.
Thanks for the comment and for taking the time to view our content!
You are right across the board!
So far he’s been pretty on the mark over August
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Yes he made a good call especially after that move in early Aug.
Thank you so much 🙏🙏🇺🇸🙏🙏
You keep saying they're late on cutting rates. The price of everything is already double and triple. If they cut rates now, everything is going to go up again. Housing is already unaffordable enough and if you cut rates, it goes up again. We're in a very bad situation in a way that no matter what policy you exert you are bound to face pain. I would say, let WS suffer and big corporate suffer in exchange of killing inflation. Of course, the risk is higher unemployment rate tho.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! We are very close falling into a financial abyss.
Meanwhile Russia is mostly insulated from all this madness ironically@@BloorStreetCapital
Credit rates need to come down. Housing will drop when foreclosures are allowed after the Presidential election. People need to tell elected officials to bring jobs back, eliminate the tax deductions for corporations to outsource work, and deport the illegals who undercut compensation while getting tax paid benefits - Americans do not recieve while working.
A lot of data support that Henrik is correct. But the more we drum on this, the more likely its not playing out as predicted with regards to the timing. So far he pushed the predictions forward a lot of times. I think he will keep on doing this and we will end up in Q1-Q2 2025. Let’s see. Exiting times.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Its a tough job being a forecaster but I think what is distorting everything is the trillions of dollars the Biden admin is spending.
Truth is that the market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?
I had a similar experience. A financial advisor could really help you re-adjust and identify blindspots that you yourself do not notice, like mine did in advising me during COVID on how the pandemic will shape things, and I made it out big and still make up to at least 20k in dividend per month.
Wow, that's incredible. Could you recommend who you work with? I really could use some help at this moment please.
'Sharon Ann Meny' 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
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
We are no longer allowed to have recessions
DEFINITELY not allowed one before Nov.
Joe Biden will build back better @@piccalillipit9211
True 💯! Keep printing money 💰 and get everybody up to their heads in debt. Monthly payments until your end. 😳
In Jesuscoin?
@@piccalillipit9211 just like in 2008...
Cool video, guys. Very rational and informative, instant SUB.
Thanks for the comment Raz and thanks for Subscribing! If there is anyone else you would like to see interviewed please let us know.
Wow a video talking about the "collpase" what a new concept haven't heard that before
Today West Texas oil made $80 and Henrik says oil will be at $10 in 2025. That is a wild estimate.
Yes I would agree. The market did hit the love $20s in 2020 but those were very unusual circumstances.
loved the content, intersting perspective
It's Jimmy Connor, thanks for the comment Augusto and for taking time to view our content!
Any suggestions on where to allocate funds in 401k during the recession? Currently in a 80% stock and 20% bond fund.
I don’t think the Buffet Indicator is applicable for the US. There are a lot of foreign companies that are listed on US exchanges.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
well folks don't think the sahm rule or a yield inversion matters anymore either. Did all the leading indicators in history just stop working. Of course not it just means folks are in the denial phase of the cycle and we are about to have a come to Jesus moment. I am going to sell (short) into the next big really if we get one.
Gold's role has changed a lot. As far as I know the average investor holds less than 1% of his funds in gold. That used to be different. So, gold selling for liquidity won't happen on the scale Henrik suggests. The central banks driving up the price won't sell. The western investor is not part of the price movement anyway. So, Henrik will be proven wrong. We will see how his prediction on BTC will play out.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! I am with you. Gold will not rip like btc but I think its safe to say it will be around in 5k years, I dont think btc will be.
So Bitcoin doubles and gold crahes with everything else.
I wonder how much he has in Bitcoin
On Twitter he claims that Bitcoin will crash aswell
btc will crash together with everything else. 40k inc.
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*
Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
Brian Humphery Services 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 Brian.
He is really a good investment advisor. Was privileged to attend some of his seminars.that's how I started my own crypto investment
Henrik is the best analyst I know. Congrats for your clear analysis. Great job!
They’re crashing too
Hi Antonio, are you subscribed to his service, any comments on his service, I am interested in joining.
He is literally just repeating all what David Hunter is telling, except Gold and Silver. And seems to be wrong on that…
True. His webinars are worth your money.
1% is the most pathetic biggest ever crash since 1929 ever
Some bold statements there by Henrik and commitment. Been following Henrik for a couple years now and the majority of what he predicts comes true!
It's Jimmy Connor, thanks for the comment Stephen and for taking the time to view our content!
No it doesnt. What the f**k are you talking about lol
I’m glad to hear someone talking about the same exact numbers and timeline I’ve been watching for😄
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
Not to hate on the Buffet Indicator, but why use it to gauge the US stock market valuation relative to US GDP, when companies are doing business everywhere in the world?!
First, the markets soar to fantasy highs, and then they come crashing down. Bull and bear markets are great for money making.
I think Henrik's calls have been better than chance in the past. That said, there's not a lot of time left to hit 6000 before unemployment data sours in a big way. I'd give 80% odds that we've reached the jobs inflection point, where every month's increase in unemployment will equal or exceed the last month's. That happens every recession. The trend holds for at least 6 mo, usually.
Could Henrik tell the viewers what's in his portfolio e.g. in the last four years and how his portfolio has been doing?
It's Jimmy Connor, thanks for the comment/question Ron and the next time I interview him I will ask.
Does Zeberg consider the effects of latest international geopolitical events, I don't think he mentions that often or at all?
That's because he already knew
Oil still dropping bro.
When Iran and Israel kick off, it will be going a lot higher
Did you forger about 1987. It dropped one third in one day.
Why are all the central banks buying gold ?
It's Jimmy Connor, thanks for the comment/question and for taking the time to view our content! The CBs have been acquiring gold since early 2022. You might recall after Russia attacked Ukraine, the US froze $300 billion of Russian assets. Other governments at risk of having their assets frozen started buying gold which is held within their own country so it cant be confiscated. In addition, gold is a hedge against depreciation of US assets such as T-Bills.
So if gold and shares are doomed to collapse where do we put our funds
With one of the many "financial advisors" that show up in the message section promising to manage your funds to glory.
It's Jimmy Connor, thanks for the comment/question Peter! Keep in mind this is one man's opinion and you know what they say about opinions. I don't give investment advice but I do like gold as an asset class and always have 10-20% weighting and have other weightings in staples and financials. You will have to speak with your investment advisor to determine what is best for you.
We predicted this, will this affect housing market?
I so hope for this!
buffet the greatest investor? what makes you think that he doesn't have connections in the finical arena and directly into these companies that gives him a heads up
Of course he does, that goes without saying. No different then Pelosi or any politician.
And let me guess, just like during the pandemic Market crash, they told us its ''just a correction''
Another Bitcoin clown speculating
My I recommend you read "broken money? I thought so too but not now.
, the only tier 1 is gold.
But silver is best.
We are at war, China is on the March.
The US government/ Brussels BIS/Deep State corporation$ are Declared the living men woman children enemy of the Roman system/ UCC code.
Be advised.
Bitcoin is the best preforming asset in history mate! Sorry to break the shocking news to you. Just pull up the chart and look if you don’t believe me.
anything goes up fast will down fast..@@kentswanson4979
@@kentswanson4979no its not. Not even close
I totally disagree with Henrick where the s&p is going. I think it will go down until 10/31 24, then might go up a little in 11/24 & 12/24 then goes down 1/25-12/25
Time will tell but it is going to be an interesting year!
We are 35 S&P points from intraday high.
What about the Indian markets Henrik
It's Jimmy Connor, thanks for the question! The next time I speak with Henrik I will bring this up.
@@BloorStreetCapital thanks for your prompt reply dear. Regards
Marking Oct in my calender
Thanks for the comment! Me too!
Appreciate this video but will either U S presidential candidate have the ability to avoid printing more money during their administration? One will increase the printing of money by cutting taxes and the other by funding more programs. Either of these outcomes has the potential to increase asset values but both seem certain to be accompanied by some form of global economic bifurcation already underway in response to the dollars diminishment as a store of value for nations that want greater economic autonomy.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! You are correct in that inflation is not going away unless of course we get a major reset.
I don't believe him when he says the stock market will collapse and yet gold will collapse as well but bitcoin will moon,hes not making sense,there are plenty of none correlated assets that act in certain ways in times of crisis and he is saying the opposite.
I gold normally goes up when internet rates go down,I don't believe bitcoin going to 110 or 105 either..
Good points!
What about gold !?!
I remember last year people were saying this before November and then we hit a massive bull run.
It's Jimmy Connor, thanks for the comment and for taking time to view our content!
It will be a vicious cycle for the next 12 -18 months. Just pray that the banks can withstand the bad debts otherwise the whole financial system will implode, and you will lose all your savings overnight. You might then see another round of even higher inflation after 24 months as the printing press begin to print more fiat currency, primarily to save the banks and maybe some big corporations. Let's hope there are no bank bail-ins then even if you're employed it will be useless. Your purchasing power will erode further but it will be meaningless as the banks are bailed -in and you lose access to your accounts / funds. Will there then be CBDCs??? Will they then ban the sales of Gold and Silver? Even government bonds might not be safe! The repo market will seize up. The Risk of bank bail-in will be a real game changer this time. Your best bet might be to have cash and gold under your mattress.
Crypppppptooooo
His statement about Gold is concerning. Many in finance and economics feel Gold will go up, but people like Harry Dent and Henrick Zeberg feel it will go down. Looking at March 2008 to October 2008 there was a 34% drop, but by August 2011 it was up approximately 170% from October 2008. That is great if you don't need to touch the investment and have the fortitude to stay the course. For me, I'd be freaking out. The 2020 drop in gold lasted about a month and then upward. I understand the lack of liquidity deflating Gold, but he does not get into the inflationary affect except to mention a DXY drop. If the FED comes in hard, it would seem to me it would create an Inflationary environment that Gold thrives in due to the DXY declining. Which will it be - Inflationary or Deflationary?
S&P 1800? That is quite a pull back. So much for my pension.
Yeh mine too! If it does I will back up the truck!
Has this got anything to do with Iran's potential attack on Israel today?
No but everything to do with a slowing economy as evidenced by the higher unemployment numbers.
This is just a blip. I worked on the exchange in 87 through 2017. A panic a crash was 87. All you that have only been in the markets for last 20 years have seen nothing.
Brics will crush the petro dollar system and replace it with digital currencies, USA did it for itself..
Exactly... I missed the GFC. I will not let this next crisis go to waste.
Was 87 more of a shocker than 08 ?
Why would gold collapse?
It's Jimmy Connor, thanks for the comment/question! Henrik believes we are going into a deep disinflationary cycle where prices of all assets collapse including gold.
@@BloorStreetCapital During disinflationary periods, wouldn’t the Treasury yields go down materially, which does benefit gold?
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
for majority, the solution to their problem can be found in specialized knowledge, so can as well seek guidance from a well experienced advisor
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Melissa Elise Robinson is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
such an eye-opener! curiously inputted Melissa Elise Robinson on the web and at once spotted her consulting page, she seems highly professional from her resumé
Eventually gold wins because after it's low it will fly up it has out perform the stock morket.
It's Jimmy Connor, thanks for the comment Juan and for taking the time to view our content! We love gold!
Good time to invest in Jesus now.
Very little time left
In Jesuscoin?
@maxwolf8055
“Fear God, and keep His commandments: for this is the whole duty of man.”
Jesus, the Preacher, Book of Ecclesiastes
“The fear of the Lord is the beginning of wisdom.”
The Holy Bibl
@maxwolf8055
“Fear God and keep His commandments: for this is the whole duty of man.”
Jesus, the Preacher, Book of Ecclesiastes
“The fear of the Lord is the beginning of wisdom.”
The Holy Bible
@@RundbarkKonark
Will He “laugh at your calamity”, when your anguish comes, and he leaves you to “your own devices”?
Awesome, thanks Henrik!
It's Jimmy Connor, thanks for the comment Paul and for taking the time to view our content!
I would agree to most of the reasoning here, and I do believe that those indicators pointing to a weakening consumer would eventually lead to recession this year or the beginning of the next. That said, NVDA losing 90%-70% of its value is day-dreaming. Stocks that will lose 90% would be those with fwd P/E >100. NVDA fwd P/E = 48 as of today, which makes it expensive, but I would hardly see it losing more than 40% (for a final fwd P/E of 30), since it is the leader of the growth stocks in the S&P500 right now (stellar growth expectation, great business model, market share and its well ahead of the competition, and the AI cycle just beginning).
It's Jimmy Connor, thanks for the detailed comment and for taking the time to view our content!
Henrik says the s&p is going down to 1800. Ridiculous
Actually, he's correct... But it will be several years from now.
@@jackwild1111 Correctly, he´s actual. From now it will be several buts for years.
The S&P almost got there in March 2020.... The funny numbers representing stock markets are ridiculous. Random and meaningless. Bitcoin at whatever price you want to give it... It is for the last man standing to decide if he is tricked into buying it at an inflated price...
Better to closely monitor and track the banks' credit delinquency rates, non-performing accounts rates and amounts, bad debts provisioning amounts, bad debts write-off amounts and especially the banks’ capital ratios. Bank bail-ins is a serious threat to the entire system and to one's wealth and well-being
Even with hundreds of highly paid analysts watching Lehman Brothers and thousands of overpaid PhD economists both at the central bank and in private industry watching 👀, not one of them predicted 2008.
That gives you an idea of their competence.
You will know when it happens when you read about the CEO having fled to the Cayman islands.
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. In the next 6 - 12 months more companies will report forward guidance on their earnings.
Housing bust will not happen. Oh, how I wish it would! I would love to buy that $900,000.00 house in Myrtle beach for $475,000.00. I am not that lucky. Cost to build has never gone down in my lifetime and I was born in the 50's. New car prices have never gone down either. Both will only go up.
There is no reasonable basis to predict anything other than hard times for a long time.
Costs don't matter when market prices go down.
@tmo4330 I watched your exact scenario play out in 2008... and that was nothing compared to the current situation. You won't want anything to do with that condo in the heat of the collapse.
@@jkeller2129 I also think the current problems are much different than the 08-09 crash. To be honest, I believe we will have hyperinflation with everything only going up. In other words, I do not see "less dollars" buying "more goods" in the future. If anything, I see housing going straight up in price from here. I see the dollar being worth less and less, and prices going up and up. What is your opinion?
This is just the beginning. Remember 2007 then a couple of small banks went under. Then the flush out from Oct 2008 until Mar 2009. Can the FED save the Banks? The European banks are even worst off. I'll save my cash and Gold under my mattress.
This is the guy who predicted $1,200 gold before it hit $2,460. He predicted $100,000 BTC when it was $70,000, and it's now 50,000.
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! It's tough being a forecaster!
Time horisions matter. IMHO I think BTC goes to 10k before it goes to a million. That will take years not 5 months. Define your time horizion. It matters.
Gold is likely to have a significant pull back once we get a blow off top like what happened in Jan 1980 and Aug 2011. Then it will be a good time to add more to positions. The politicians will always chose to create more debt and fiat money.
Great interview. Can I get my money back on the BILLIONS in the Inflation Reduction Act?? 😅
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! Never loose your sense of humor! 😆😆😆
If one says pretty much the same for many years, there will be a time that one is right. That time might be not so distant this time though.
It's Jimmy Connor, thanks for the comment Johans and for taking the time to view our content! I would agree!
Interesting, how do I go about it? I am still a newbie in this investment trading
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided
by a widely known crypto consultant
Hattie Glover
Please educate me. I've come across this name before. Now I am interested. How can I reach her?
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
Yeah that's right I think it's right to invest with professional at least it saves the trauma of too much loses
James, I do not think Buffett is a great investor. The internet says he only makes 10% per year for the past 30 years. Did Buffett sell half his apple stock because he thinks the price is going down? So, why didn't he sell all of it?
It's Jimmy Connor, thanks for the comment Frank and for taking time to view our content! No one knows why he sold. Maybe he was raising cash to buy something right now or maybe he was just taking his weighting down because it grew too much.
It doesn't take a genius to figure out that if you spend money you don't have then there's going to be an imminent collapse😢
no wonder i can figure that out...thx!
It's a pleasant change to hear the analysis and perceptions of a macro economist outside the US.
One observation I notice on almost all financial videos are complaints of viewers who claim incompetence of guests. It's tiresome and only reveals the naivety and lack of sophistication of these commentators. Life, itself is completely unpredictable. How can the financial markets be forecast, time wise. Few people can accept that everything evolves very slowly until it suddenly, usually with no forewarning, something unravels. Most everyone knows typical consumers are tapped out. Lately, I track the wealthy. The upper 20%. I'm beginning to see better dressed customers when grocery shopping in my local co-op. For the upper 5% I watch LUX and LUXX on my Brokerage account.
Not sure about his conclusions. Bitcoin didn't go sideways it dropped 20% & is pure speculation #gamblingchips. Yet Nvidia is a bubble with earnings, profit & demand all still up? I'm not saying it won't come down ever but this is the start of ai investment not the end.
Thank you.....This video was packed with so much great information. Wow!
It's Jimmy Connor, thanks for the comment and for taking the time to view our content!
Reading the comments below concerning the sell off of Gold , shows major bias of defending one's perspective with emotion ! Gold will get monkey hammered when the Sovereign Debt bubble burst always has and will again , sorry ! Then it will rebound as the initial panic subsides , this is just how it works out in the real World , remove your emotions from it all , or you will panic when it happens ! I did my first arbitrage deal in Silver starting in June of 1973 and watched the entire Hunt Brothers debacle unfold 1979-1980 and that's when I learned if things don't go according to plans for the Govt. , they merely change the rules !
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! You nailed it when you said the gov just changes the rules.
Contrarian here, rates need to stay the same and then rise. Will get a boomerang on inflation if rates drop and will come back stronger than before.
Author in this field, kinda. I 100% agree, almost every time inflation is followed by a drop to normal and the much worse inflation - and we dont really know why it happens
@@piccalillipit9211 it’s because everyone thinks this time is different and they can go back to their loose spending ways.
We taught a generation to lever debt and spend. That habit won’t go away any time soon or any time easily…
@@windfall35 people are unable to live within their means. I started my working life in 1980 at the start of back to back recessions so I am very familiar with austerity. The debt doom loop we are in sickens me! Whatever happened to saving up for what you wanted?
@@thevanman4498 It all came to a crashing halt when government made free money, did not reward saving or prudent allocation of capital that had a cost tied to it and promoted the 'bubble of everything...'
So…
Bitcoin is going up to $110-115k then down.
Stocks are hitting new highs then crashing.
Oil is going to $10/barrell.
Gold is going down.
Real estate is heading south.
Where does one put their cash right now?
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agreed .... cuts out after a minute or so ... other you tube videos are fine
This market is ready to correct 20% in one day then the rest will come!
After a volitile trip up and down, 1800 on the S&P as a long term bottom sounds like a realistic target that is sadly needed to get us out of the bubble economy and going in the right direction to work our way out of the debt overhand. A solid start for a few very hard years.
Come this was expected, one was due and of course it'll recover to a newer high and repeat. People actually wait for this and play the system.
I do feel bad that Bitcoin will probably crash… But I agree.
People will need to take that money to pay margin calls, etc. and that’s the time when Black rock and countries will sweep in and buy it at a lower price. I will definitely have cash on the side to buy, but it makes me feel bad that people will be forced to sell.
Great interview. Thanks Jimmy and Henrik.
It's Jimmy Connor, thanks for the positive comment and for taking the time to view our content! Wish had more of these comments.
Before the days of YT folks would have had to pay significant $ to hear these types of insights at seminars. Thanks for democratizing and decentralizing it for us.
So Friday is bring a gas can to work day?no pay check just IOUs
Unless u r like berkshire hath' ...overweight in cash now is kinda scary
How will gold collapse when its been real money for 3000 years? Even JP Morgan said gold is money everything else is credit. Meaning that Equals debt in reality
FED dont cut interest rate bc REAL inflation in the US is WELL ABOVE what they show in reports...same fir the other G7 countries...So enjoy stagflation sliding into depression while the US govt continue to spend money like drunken sailor😂😂😂
That's exactly what's happening. Quite similar to the collapse of the USSR. Stagflation and overspending on the military.
I agree. The US Government has a choice. They can save the stock market of they can save the dollar. They can't do both. If they save the dollar the stock market crashes. If they save the stock market the dollar goes to zero even faster. Not hard to figure out which one they are going to save.
It's an election year....invest accordingly........good call Henrik
Thanks for the comment Larry and for taking the time to view our content!
Always talking about the crash. But how often go we hear of the crash up since 2011. Mkts across the board are so inflated. These mkts have to crash 50 -75% for a median value.
Here we go, experts predicting crash when crash already happened. 😅
It's Jimmy Connor, thanks for the comment and for taking the time to view our content! It hasnt even begun yet.
I have this idea. Bitcoin is the same part of the dollar system as the dollar itself. Bitcoin reflects the level of liquidity in the system. Example - Bad employment report on July 29, Bitcoin went down on July 29, the Fed passed on July 31, Nikei 225 started falling on August 1, gold is trying to test a new height on August 2. It seems that Bitcoin foresaw the events. (According to logic, the system will collapse, Bitcoin will disappear. I mean the system, not the dollar itself).
Gold ignores the short term noise and is more a measure of whether people trust their govt.
The less the trust, the higher the gold price on average in that currency.
@@mtrest4 The dollar has fallen relative to gold, i.e. it has lost its value in the reserve ratio. This is inflation which has made the interest rate higher to compensate for the loss of the reserve ratio. This is noticeable on credit cards.
So REALLY!? AFTER ALL OF THE DOOM TALKED ON THIS INTERVIEW, NO QUESTIONS AS TO HEDGES? What DOES HE "RECOMENDS" DOING? OR WHAT IS HE DOING SINCE THIS IS NO FINANCIAL ADVISE RIGHT? HOW COME YOU DID NOT ASKED THAT
We organized this interview in a very short period of time during the weekend. We focused on what to do now which is not panic...buy the market. Henrik believes the S&P moves to 6100 then begins to stall out and move lower in the next 1 to 2 years.
I’ve looked at the charts and barring a black swan event , this is my prediction.The 30 year yield has uninverted July 15 2024.The 2/10 will uninvert Sept 2024.The 3 month will uninvert Nov. 2024.We will have a melt up to a peak by Feb. 2025.I expect the Dow Jones will be at 50K.After this peak we will start crashing to a bottom by Sept 2026.I expect the Dow to be below 25K.This recession/depression will last 2+ years.
Thanks for the comment Chris and for taking the time to view our content! Love the prediction!