Debt Worldwide at 'Incomprehensible' Levels, 'I'm Holding Gold'

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  • Опубликовано: 13 дек 2024

Комментарии • 133

  • @StanRichard-w6i
    @StanRichard-w6i 10 дней назад +26

    I'm glad you made this video it reminds me of my transformation from a nobody to good home, $34k monthly and a good daughter full of love

    • @JenniferAlex-w8q
      @JenniferAlex-w8q 10 дней назад

      wow this awesome I'm 47 and have been looking for ways to be successful, please how??

    • @StanRichard-w6i
      @StanRichard-w6i 10 дней назад

      It's Elizabeth Regina Nelsen doing she's changed my life. A BROKER-like her is what you need.

    • @AlexEvans-k7g
      @AlexEvans-k7g 10 дней назад

      YES!!! that's exactly her name (Mrs Elizabeth Regina Nelsen) so many people have recommended highly about her and I'm just starting with her from Brisbane Australia🇦🇺

    • @CharlesBright-k5r
      @CharlesBright-k5r 10 дней назад

      Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio of $108,000 from my investments with my personal financial advisor i totally agree with you

    • @Softtan-v9q
      @Softtan-v9q 10 дней назад

      Wow! Kind of in shock you mentioned expert, Elizabeth Regina Nelsen. What a coincidence!!

  • @jasonbutler5064
    @jasonbutler5064 10 дней назад +14

    jim iis always so humble

  • @BlueWaterSTAX
    @BlueWaterSTAX 10 дней назад +7

    Thanks Jim .

  • @JohnDaniels
    @JohnDaniels 10 дней назад +4

    “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Henry Ford

  • @longgowhereto
    @longgowhereto 10 дней назад +6

    "The problem with the gold standard is: It works!" I loved that.
    75% pm, 20% cash, 5% stocks - no real estate. The plan B comes, when I know where B is - I want a freeB and have no clue where freedom will B.

    • @MarcoMasseria
      @MarcoMasseria 9 дней назад

      Absolutely love that. Does Jim say that? Still watching. If you made it up, its the first time I've seen it. Very cool.

    • @erickanter
      @erickanter 9 дней назад

      The problem with the gold standard American warmongers couldn't print money just to fight wars.

  • @JohnDaniels
    @JohnDaniels 10 дней назад +2

    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless" -Thomas Jefferson

  • @jasonprice34
    @jasonprice34 10 дней назад +1

    This convo is beyond my pay grade.

  • @bostonfrank6739
    @bostonfrank6739 10 дней назад +2

    tariffs will raise product prices for the public

  • @treymarrs6860
    @treymarrs6860 9 дней назад

    Problem with tariffs,is corporate schills tell us tariffs are bad yet say nothing about every other country putting tariffs on us goods

  • @nicolasbenson009
    @nicolasbenson009 9 дней назад +5

    Gold has always been natural money, but on the other hand, I'm skeptical that a recession will occur soon, and I think the stock market still has a runway. I'll divide 60-40 nonetheless and put 60% in stocks. Do you recommend any?

    • @TinaJames222
      @TinaJames222 9 дней назад +3

      Stock investments can offer great potential, but it's essential to approach them with caution. I recommend consulting a financial advisor who can help you determine the optimal times to buy and sell.

    • @tatianastarcic
      @tatianastarcic 9 дней назад +2

      Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

    • @Vincent-j8u
      @Vincent-j8u 9 дней назад +3

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

    • @tatianastarcic
      @tatianastarcic 9 дней назад +2

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @JacobsErick-u8r
      @JacobsErick-u8r 9 дней назад +1

      she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

  • @petruflorintofoleanu5865
    @petruflorintofoleanu5865 10 дней назад +1

    JIM ROGERS ❤

  • @xisigma
    @xisigma 10 дней назад

    Great questions jesse

  • @davidhemsted5372
    @davidhemsted5372 9 дней назад

    How about a US Gold currency (USG) defined as gold or gold credit denominated in grams?

  • @mydressmemos
    @mydressmemos 9 дней назад +109

    In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

    • @LUCIASMITH-d1z
      @LUCIASMITH-d1z 9 дней назад +1

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

    • @richardhudson1243
      @richardhudson1243 9 дней назад +2

      It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

    • @JacobsErick-u8r
      @JacobsErick-u8r 9 дней назад +2

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

    • @richardhudson1243
      @richardhudson1243 9 дней назад +1

      Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Melissa Terri Swayne" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

    • @richardhudson1243
      @richardhudson1243 9 дней назад +2

      My CFA Melissa Terri Swayne , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

  • @AmyOgdenMichigan
    @AmyOgdenMichigan 10 дней назад +1

    Wouldn’t tariffs increase inflation at first, then lead to more manufacturing in the US?

    • @garyschneider6644
      @garyschneider6644 10 дней назад

      Tariff fans would have you believe that. Disrupting supply chains might lead to a global downturn.

    • @t-roy2198
      @t-roy2198 10 дней назад

      Weak dollar and tarriffs = companies coming home, but first the rich get richer and the middle class squeal. If you keep pushing ⁵⁰/⁵⁰ it works.

    • @t-roy2198
      @t-roy2198 10 дней назад

      Most likely politicians will not have the stomach to see it through and it will just make things even worse

    • @erickanter
      @erickanter 9 дней назад

      It will lead to inflation. You act like America can put up plants overnight. It will take a decade or more for that to happen. In the meantime, people in America will be screwed.

  • @MichaelFichtinger
    @MichaelFichtinger 9 дней назад

    in japan?

  • @koshikawa555
    @koshikawa555 9 дней назад +1

    Gold!, Is it delicious?

  • @Zeljko-b2d
    @Zeljko-b2d 9 дней назад

    Total 325 cand. Cca 31 cd per day to pensio on 20. Spend 13 tobac. Food japy 4 cd, books 10 cs. At hand 5 cd at me. All document at bank box, 60 cs per yr, at my bank. Dlv of yapy for 100 cd. Dannar rules

  • @SandiDaly-j6z
    @SandiDaly-j6z 9 дней назад

    Thanks for sharing such valuable information! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

  • @JeffreyKassel
    @JeffreyKassel 10 дней назад +2

    I'm not sure gold is the solution. It used to be money but it's not anymore. It's only valuable because people think it's valuable. Why gold, why not plutonium which is even more rare. Why not some other rare commodity. We do have a debt problem and a debt crisis will come during the next business cycle downturn. It always happens eventually. Right now America's standard of living has been supported with massive amounts of debt, and we pay interest on that debt. We can get a nice house, but we're in debt 30 years paying it off. You can get an Ivy League education at Penn or Harvard, but it's $90,000 per year so a student must borrow...what 18 year old has $90,000 for the first year of college? You do not want to have debt in a credit collapse. Federal debt is now over $36 trillion, and interest on that debt is the #2 item in the federal budget, more than Defense or Medicare...and that number is growing. It's now over $1 trillion a year. Under Trump we added $8 trillion to the federal debt. Biden added $7 trillion. Inflation has been pretty serious. Think about what you paid for a house or car in year 2000. As a kid, I remember when a pack of cigarettes cost 25 cents. Now it's $10 in many places. When I was 18, I bought a brand new small car for $18,000. Now it's 10 or 15 times that number. It's all inflation.

    • @sudheerk67
      @sudheerk67 10 дней назад

      Calm down. Your Plutoniums and Uraniums cannot be used for trade, except in your imaginary world, just like BTC 😂😂
      Gold is stable, Gold is acceptable by most nations, Gold is timeless. Your fiat currencies come and go. Gold is here to stay.

    • @wayneparfitt3512
      @wayneparfitt3512 10 дней назад +3

      Look at what Gold does. It’s a safe haven. Crypto is a gamble. Been around for 2 minutes and turn the power off and what have you got? Gold has been traded for 6000 years. Some people do not learn from history however!

    • @markmewordz6860
      @markmewordz6860 10 дней назад +1

      The dudes whom actually run 'the shop' are obsessed about gold. Nuff said? ;)

    • @seeker2118
      @seeker2118 10 дней назад

      Gold is not money, it is an extremely good store of value. Value is not only based on scarcity, it is based more on human faith in something's intrinsic value. Gold has historically been perceived and accepted as value. As Jim stated he has lots of dollars now, his future issue is that he cant see now, is where he will store that value in the future to protect its worth as he doesn't see the dollar as a safe haven going forward.

  • @medusaskull9625
    @medusaskull9625 10 дней назад

    I can't understand why people kept on pushing for precious metals and miners. They are not performing at all. The miners are the one who suppressed the metals price.
    If you get rid of miners, precious metals will skyrocket.

  • @Zeljko-b2d
    @Zeljko-b2d 9 дней назад

    I paid yst sd at 112 in can

  • @Zeljko-b2d
    @Zeljko-b2d 9 дней назад

    Ud 1.41

  • @ML-un1gr
    @ML-un1gr 10 дней назад

    Jim Rogers said "I am old enough to have seen problems every few years" Well we seem to have survived them and I think he is right there are big problems coming but if you are prepared you will survive. Hold some cash for opportunities that present, keep the rest in excellent quality, profit making non-US stocks, plus some silver, platinum and palladium. A little bit in some of the top cryptos wouldn't hurt either ....Etherium, Solana and maybe ICP.

  • @ddubsr5886
    @ddubsr5886 9 дней назад

    Making your dad Adrien day proud boy

  • @gotamo65
    @gotamo65 10 дней назад

    Come on guys, all people stays and trade the markets to do money......I will be curious on how money has generated Jim Rogers portfolio compared to a permabullish on the tech stocks in the last two years.....

  • @rnish2958
    @rnish2958 9 дней назад

    A trillion is a one followed by 12 zeros. 36 trillion in debt? Its meaningless.

  • @Zeljko-b2d
    @Zeljko-b2d 9 дней назад

    Seitz 1.625

  • @WORLDPEACE2628
    @WORLDPEACE2628 10 дней назад +1

    Jim Rogers got his history wrong about Uzbekistan......it was Mongolian Ghenghis Khan and his grandson that tried to conquered Japan...
    not Tamerlane....who was Turk claimed to have Mongolian blood.

  • @juandiegoramos4490
    @juandiegoramos4490 9 дней назад

    Never forget financial speculators are basically monetary liars

  • @onlineadvertisingnet
    @onlineadvertisingnet 9 дней назад +1

    Crack Up Boom Imminent!

  • @danw6380
    @danw6380 10 дней назад +3

    The world's richest 1% is sitting on $310 trillion in wealth. Let's ignore the real problem...

    • @sukhmaidickoff
      @sukhmaidickoff 9 дней назад

      If they create jobs then what is the problem??? Envious?

  • @gryphus64
    @gryphus64 10 дней назад

    Tariffs on Japan in the early 1940's led to American Industrial rejuvenation and a world war!

  • @douglasthompson9482
    @douglasthompson9482 10 дней назад +1

    Debt is caused by people and their habits….until people change their mindset, debt will continue. This is so obvious. Live within your means, countries live within your means. When that happens, then and only then will true prosperity reign.
    One thing…many of these great investors such as Jim live abroad…..why do you think?

    • @JeffreyKassel
      @JeffreyKassel 10 дней назад

      The borrowing will go on until no one is willing to lend. We've seen countries go bankrupt and experience a debt collapse, but those countries were relatively small like Greece or Venezuela or Greece. Debt in America is on a different level. If you look at all debt in America, it totals around $100 trillion which includes mortgage debt, car debt, state debt, city debt, county debt, federal debt, credit card debt, college debt and corporate debt. Recessions and Depressions can cause a debt collapse as jobs disappear and people can't make car payments, college loan payments and mortgage payments. When jobs disappear, income tax receipts will fall and federal and state debt will grow faster. There are people who believe we're heading into a serious recession but it hasn't happened yet. When that happens, we'll have defaults on debt that will chain react throughout our economy.

    • @seeker2118
      @seeker2118 10 дней назад

      From a point of view of poverty, you lend only what you can afford to lose. From the point of view speculation buying debt is a good investment. That explains why so many people are still poor today. Wealth is based on being irrational.

  • @gotamo65
    @gotamo65 10 дней назад

    These guys tell the same stories since 40 years ago.....one day probably they will be right.....as a broken watch.

  • @kentuckycowboy7660
    @kentuckycowboy7660 10 дней назад

    👍✅

  • @1lovefootball
    @1lovefootball 10 дней назад +1

    Second 😅

  • @herbclardy6697
    @herbclardy6697 9 дней назад

    Trump.another.10.trillion.in.debt.wall.st.100.you.0

  • @Pazzi-y3k
    @Pazzi-y3k 9 дней назад

    Own MSTR it owns Bitcoin…this dude is diluting the global macroeconomic Transformation Digital Cyberspace Global Trends

  • @oscarrlee18
    @oscarrlee18 8 дней назад

    Gold is heavy and must be stored. It will not rise much. Several large veins were found recently. Debt is worldwide now. Nations will look for alternatives that don’t always involve gold.

    • @maxcactus7
      @maxcactus7 8 дней назад

      Gold has already risen EIGHT FOLD since 2000! It's already risen > 32% this year alone. It's been money for > 5000 years. Central banks around the world have been on a non-stop buying spree for four years.
      Do enlighten us. Precisely which alternative will nations now be looking for and why exactly will gold not continue to increase in price over the next decade?! I'll wait.

  • @zsoltszopko9817
    @zsoltszopko9817 10 дней назад +1

    First

  • @TomEdwardi
    @TomEdwardi 10 дней назад

    !!!I am at the beginning of my "investment journey", planning to put 185K into dividend stocks so that I will be making up to 30% per year in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated.

    • @YevaSonia
      @YevaSonia 10 дней назад +1

      As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @OdessaYeva
      @OdessaYeva 10 дней назад

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..

    • @YevaSonia
      @YevaSonia 10 дней назад

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $200k passively by just
      investing through an advisor, and I don't have
      to do much work. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @OdessaYeva
      @OdessaYeva 10 дней назад

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.

    • @TomEdwardi
      @TomEdwardi 10 дней назад

      how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking??

  • @Pazzi-y3k
    @Pazzi-y3k 9 дней назад

    If you listen to this Decrepitude old man you lose money ! DOGE is here slashing expenses is inevitable Bitcoin Global Digital Cyberspace is Transforming Commerce our business accepts Bitcoin

  • @matthewriddle-tt8mi
    @matthewriddle-tt8mi 2 дня назад

    Takes 32 000 years to count to a trillion
    1dollar a second