Brink Of Civil War? Economy Enter ‘Suffering Phase’, Threat Of Violence Real | Adrian Day

[@TheDavidLinReport]

Enjoy 10% OFF on all Hoverpens and free shipping to most countries with code DAVIDLIN North America & other countries: bit.ly/davidlin_novium UK & Europe: bit.ly/davidlin_noviumeu Do you think that the chances of a civil war in the U.S. are greater than 30%? Comment below and don't forget to subscribe! FOLLOW ADRIAN DAY: Adrian Day Asset Management: adriandayassetmanagement.com/

[@BoomBustProfits]

Lag Effects...especially of monetary policy are around 18 months.

[@rogerburn5132]

Adrian Day is Brilliant he works For Peter Shiff . 👍👍👍👍

[@notgunnadoit7461]

I believe the quote is more eloquent. "Very slowly at first and then all of a sudden!"

[@masteryoda9044]

The quote is originally attributed to a young entrepreneur Mia Khalifa 🎉

[@petersheenan4482]

@@adamtatusko "The Sun Also Rises" is the best piece of literature by ay Americsn author.

[@romoore2094]

Like a mudslide

[@adamson760]

“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

[@KoDeMondo]

You don't need an Oxford degree to understand that if you mindlessly give away money for ten years, encouraging people to go into debt, and then suddenly do the exact opposite, the country will go into disarray.

[@MobyGoCollection]

^ This. And both guys will claim that they have the solution when neither one of them saw it coming.

[@douglasthompson9482]

I do agree with Adrian and many others. Millions of people are very agitated politically and financially. Education and society are in a deep demise. No rules, no religious convictions. Yes a major awakening is in the making….

[@AKATenn]

I think we need to stop calling 5% interest rates high, just because they were lower than that for 20 years doesn't make 5% high.. The whole problem with the debt is people buying stuff with other peoples money, that needs to stop, and higher rates will stop it, but they need to be much higher than 5%.

[@patrickduckbutt3249]

I agree but our debt is so high it has a bigger impact unfortunately

[@graemejones9707]

The level of leveraging now versus 30 years ago makes 5% very, very high. Collapsing the housing markets to reset "traditional" rates and multipliers is not an option. The dollar would collapse. Instead what we need to do is accept that things always do and always will change.

[@AKATenn]

@@graemejones9707 but we should not want a bunch of people to live in crushing debt for years or even the rest of their lives.

[@JasperMulder100]

As a South African, I am amused no end about people saying rates are high. My first house was bought at 19% interest rate. Your interest rates are pathetically low and the very cause of the mess your in right now.

[@graemejones9707]

@@JasperMulder100 And what was your salary and ratio of salary to loan? If people had listened to people like you 20 years "don't borrow high multiples" then they'd still be renting and homeless now! Nothing will change, it will break again and rates will collapse again and stay near zero. The only way out is end of fiat or a debt jubilee

[@investoreyes1]

people need to wake up and realize politics is theatre. stop giving it your energy

[@whetwilly1]

First economist that I have heard from that strikes me as understanding the economy of the US population in total. Wealthy are doing fantastic. All the people living in gated neighborhoods and chatting in the executive suites have a very myopic view of the overall economy…Bottom 1/3r to 1/2 of people quality of life ranges from just hanging on to down right struggling. Potential for unrest increases proportionally to the widening gap between the haves and the have nots. In the past the “solutions” to these inequalities can be downright frightening.

[@treeghost04]

that is my problem... 1 truck with 200k, 1 car with 192k... I refuse to buy a vehicle at higher prices and high interest rates. I will keep fixing them.

[@williamcarr3976]

Same here....1 truck with 355k and the other truck with over 500k and I ain’t buying another We are almost at Cuba levels though with parts, you can’t find parts and the ones you do find are junk

[@mountainpadproperties]

Phenomenal interview. Worth listening to this all the way through.

[@michaelferriss4594]

Be debt free, have an emergency fund of 6 months expenses, invest your money, run debt free business (real Estae) pay your house off quickly. If you do this you are fine. Also do some prepping, grow a garden ect..

[@cultleader3572]

70% pay check to paycheck with debt raising the fastest ever. 😂

[@PonziZombieKiller]

We is doomed... Janet Yellen and Jerome Powell are killing off the poor peeps.

[@JaeCi-sh6fx]

People getting mad over who wins the election as if these two old farts aren’t two sides of the same coin 💀

[@jonEmontana]

They are different on energy, regulation, public safety and taxes. Those matter.

[@TomTom-du5qv]

@@jonEmontana It's rearranging deck chairs on the Titanic, overall regardless of policies, both will add to the National Debt and as a result of the expansion of debt, increase inflation. It's just favoritism by using debt, and that works until it doesn't. We're rapidly approaching the point that it doesn't.

[@ConfucianScholar]

If you believe Trump and Biden are two sides of the same coin, you're so numb to reality and so clueless that watching this type of video does you no good.

[@aslkdjfzxcv9779]

you see the trees...the rest alludes you.

[@tinaevans825]

​@jonEmontana too bad they all serve the central bankers

[@leslieread556]

Totally agree with Adrian's analysis...thank you both. -Leslie

[@TheKietNguyen-dy1dz]

I totally agree with both of you guys about Asia are buying gold like crazy and in Vietnam all my neighborhood are buying it and they no taxes here when you buy gold 🪙 and it very easy to buy gold here 😊

[@user-im6fy4qp6m]

what kind do they buy? coins or jewelry?

[@TheKietNguyen-dy1dz]

@@user-im6fy4qp6m they buy one oz bare gold or one oz rings gold 🪙

[@andrewpintex]

1​@@user-im6fy4qp6m

[@brandonsmith6965]

they buy the fake stuff. lots of it out there

[@Sergio_21M]

Barrick has stated their focus is in Copper moving into 2024.

[@genebaughbba]

The minimum wage is immune to inflation. It is failed to keep up with inflation for over 50 years.

[@davebrewer7170]

Have you looked at what democrats are doing on the border? Why do you think wages are low at the low end ?

[@grampagrit]

Copper is out of control. This will drive the economy over the cliff. 😮

[@Chuck68ify]

It's what happens when you underinvest in such a necessary commodity. Thank the Bureaucracy .

[@billspencer8540]

Awesome ! - Accelerate !

[@deborahcurtis1385]

Buy gold and copper producers then.

[@Michael-qy1jz]

Lower rates to ZERO again so you can WEALTH TRANSFER the rest of the Wealth to the very TOP!!

[@SofaKingShit]

The rich love high interest rates because they are rentiers. They own the banks and whatever little they have in the bank pays high interest, so even though they themselves are the people who pay that interest the net result is lots of money for themselves. The fed wants to keep inflation high because then it's easier to pay back loans if you have trillions of largely worthless dollars floating around, like Germany post WW2.

[@talisikid1618]

No. Raise rates for top 20%, lower them for bottom 60%. Permanently tie the min wage and SS payments to the real inflation rate. Raise both to compensate for past inflation rates and tie SS to needs test. All wealth past $52k/yr is taxed at the earned rate and is subject to all federal taxes including SS taxes. This includes individuals and businesses. Unearned income can be taxed more than earned but never less. Let inflation, massive tax increases, and dedollarization reduce the drastic, third world wealth disparity that deficit spending and reserve status have created.

[@kasRose311]

The “civil war” movie seemed like a soft threat.

[@MrAnderson3]

David really had to sell a pen LOL Sponsored by Wolf of Wall Street

[@garybacher236]

The huge difference is the cost of everything

[@robertlehr4702]

What the hand does the mind remembers. ~ Maria Montessori

[@scepisle4970]

David.. always listen.... great information... thx .❤

[@PJ_MIKE]

Another great conversation! Thanks!

[@stevejames3857]

I couldn't go one podcast without hearing that Hemingway quote 😂

[@rudeawakening3833]

GREAT guest !!!! Stellar job David Lin on this MOST useful and informative interview !!!

[@matteojensen5186]

Has anyone started combining these market ratios with crypto data? Ive always felt like i could see the future of stocks by watching btc. I rarely pay attention to the stock market but I keep my eye on bitcoin whie actively trading all the time and I always find myself saying well this is different right before something big happens in the stock market. I give Bitcoin credit for the soft Landing. Not the Federal Reserve....I've engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....At the heart of this evolution is Francine Duguay, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.

[@pascallaubin]

Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!

[@Marty_Bent]

The internet is filled with so many useful information about Francine Duguay crypto….

[@maartenuil]

This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.

[@DetlefWerner-ph3fe]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@Matt-Carvalho2]

I read about her too on the website. That is how I get connected to her. Thanks for putting this down here

[@1FrenchConnection1]

The huge difference today is the globalization is not there anymore also.

[@Reflect50]

Great guest. Thank you both very much !!!

[@nancygreen8186]

If it was just a few months of inflation that's one thing, but when it's years of inflation and that higher cost continues it gets more and more and more of a strain on the budget. It keeps stealing more and more of your money or it will put you more and more into debt .

[@b1burck]

Another great interview...we need more people to understand what drives inflation, the markets ..why gold is important

[@mechannel7046]

31:00 GLD, gdx. Western consumers not buying gold, but eastern countries are 35:00 gold miner stocks still hugely discounted

[@JimmyHat-k4t]

Jewelers don't benefit from higher gold prices they profit from sales and making charges if retail is down how is anyone benefit

[@b.janecowie1033]

Thanks for continuing to have great and very interesting conversations with old men... Who are articulate and have a lot to say based on their experience. Providing a large variety of perspectives is so informative.

[@StevenReyWolf]

32:17 more people are calling to sell gold than buy isn't because of lack of interest, it's because people need money right now to make ends meet.

[@investoreyes1]

Most people who own gold aren't the type to sell it for food... think about that.

[@petersheenan4482]

Most people are stupid.

[@davefromkansas5600]

When the yield curve un-inverts, history has shown all hell breaks loose.

[@ZenStrive52]

David is doing a basic marketing HR interview with the PEN!

[@Ascendsean35]

Sigh, to sell the house before the election before i get stuck in a place i don't want to be. Or not to sell and lose the interest rate and cheap mortgage. Stressful year and time is ticking..

[@lisadinthongsai1383]

Me too, what to do?

[@genestone4951]

imo, plan to sell house before end of 2028. That's my plan, likely 2026.

[@Ascendsean35]

@@genestone4951 yeah could be right. I just do my best to put as little $ as possible into anything that isn’t structural or increases the value. It’s super bare inside lol. What gives you that timeline though?

[@robertruiz8704]

Great interview, enjoyed Mr. Day's insight .

[@nickt007007]

Great interview David, and well, Adrian makes it easy. He is in a class of his own when it comes to thoughtful answers that don't go off on a tangent, and he is always very aware of the most recent events and investing environment.

[@christopherdavies8839]

That guy knows gold

[@Reza16888]

I always skip your ads. Don't do it. We skip it. We don't watch them.

[@mtrest4]

He has got to make money for the free content he provides.

[@lotfyken2759]

Adrian one day or another gold will go up above it's inflation adjusted ATH

[@robertdagge200]

100% tarrifs on foreign EV's sounds inflationary.

[@tomdonovan4842]

Good review

[@mutantryeff]

DIMON is just another way to write DEVIL

[@michaelbananas461]

The almost certain scenario, if you have even a basic understanding of history and human nature, is that things will not improve and return to some semblence of normality under the existing monetary system we have. It will deteriorate further and further until the pain is so great that the alternative is better, and a new monetary system will come into effect. Drug addicts dont turn towards religion or go to rehab halfway down the spiral towards meltdown, they hit rock bottom and have nowhere else to go but up or death.

[@dassa0069]

Mr Twain how did you go broke? At first slowly and very very gradually and then suddenly and all-at-once!

[@ednorton47]

The South will rise again!

[@pauldemeester9298]

Perhaps the government could reduce spending severely add remaining with the current interest rate for a period of 10 years would squash inflation totally , the key is to reduce spending

[@p51mustang24]

If government reduces spending the it will put the economy into recession, which will lower tax receipts and paradoxically increase the size of the deficit …which is inflationary.

[@BrandonB-s5r]

People getting sick of the fact that people out here having to choose between getting a broken tooth pull that hurts bad or fit their family.

[@billadama]

Sell me this pen, David.

[@wheatcandle]

Watching this interview with Adrian made my Day!

[@wheatcandle]

Is Adrian A Day Trader?

[@PushpanderRawat]

Revux's team is top-notch. Expecting big developments soon!

[@RajeshKumar-nu5gf]

Presale investments have been my go-to, and Revux is my latest pick. Early birds catch the worm!

[@levratalex4929]

Great content

[@vijjreddy]

WELL, SUFFERING IN USA MEANS PEOPLE ARE DRINKING MCDONALD COFFEE INSTEAD OF STARBUCKS COFFEE... HARDLY MAKES ANY DIFFERENCE

[@PonziZombieKiller]

Not at all. .

[@momomama2510]

Not this time brother

[@stevechilcoat2353]

Costco has some pretty good organic coffee, too. 10 dollars a bag only.

[@simonlo9956]

Americans are spoiled. We just don’t know it.

[@_m_K_.]

Back when McDonald's had $1 coffee, it was really good. I was a well balanced medium/ dark roast with a good flavor. Then it changed. I think maybe around 2017 or so, they changed it up. I dont dei k it everyday, so if you only have it every fre months you can notice the difference. Starbucks has always tasted like a burnt dark roast coffee, with washed out flavor. Initial dark roast taste but no real flavor. This is why all their money comes from blended drinks.

[@rohit_gaming823]

Revux's impact on payment could be revolutionary. Glad to be in early!

[@Stonks519]

You want to be in sales huh? Sell me this pen. David: "Hold my beer"

[@seanzhang5554]

Is this old George Constanza😅-Big Hello! Well said😊

[@Fddhjdthnbcfseyhvg]

Great video. Thanks Adrian and David, this is one of the most useful insights I have heard in awhile. Strong dollar and elections are going to dampen gold, but when it comes alive again, that means it too late to stop it

[@sushmashrma-ts7nw]

Been tracking Revux's development. Impressed with the progress!

[@j.corona8118]

Who’s the star, of this interview David. CNBC has nothing on David.

[@georgeboutwell6069]

Credit rates… other consumers credit facilities are going to go up even with no more hikes and even with rate cut. Credit is going to be continental will go up even with Fed Reserve is dismantling

[@nohopeequalsnofear3242]

"Sell me this pen" Wolf of wall street

[@allen2zulu]

government wants inflation. It is an effective tax increase for the poor (more income to tax with less wealth)

[@nikbiz]

"Sell me this pen". - Today's sponsor to David.

[@1FrenchConnection1]

Dave please you need to have Jeff Rubin on your show! He just put a new book out A Map of the New Normal. Is vision and knowledge is outstanding!

[@gwoodlogger4068]

There will be a caretaker government because both candidates will be on life support😮

[@TScott-vp9zv]

Thank you for the hope and inspiration about the future of the economy!😬🥴

[@AdityaNegi-r1m]

In the next bull run, keep an eye on DOT, VRA, and SOL, but don't overlook Revux's RVX

[@LindaMassage]

Excellent!! Program!

[@TGRMANISHGAMER01]

Revux's roadmap looks promising. Exciting times ahead!

[@williambudd2850]

When people stop spending unnecessarily, price increases will stop and everything will be fine.

[@Jdhsjdgjshdhdh]

Just increased my holdings in Revux. Feeling confident about this one!

[@LukeT-]

Love this.

[@JayK99]

Have been hearing since the last 2 years that Economy is in suffering phase, yet the asset prices keep on going up including the risky one's and people are fine. One day we will see recession but no body can predict it.

[@Chuck68ify]

Maybe we should let the market decide what the cost of money is? Crazy, I know. 😊

[@aheroictaxidriver3180]

All markets are rigged. The only reason to have a market is to rig it.

[@graceamsterdam5404]

Thank you gentlemen.

[@HTub-bo2yl]

Rates may be at 5.5% but finally you can also get 5% on savings! Who wants lower rates, this is just fine.

[@sjoncb]

No worries. The S&P 500 is balling outa control 🙂👍

[@Sonvati_volgs_777]

Revux stands out in the crowded crypto space. A real gem!

[@Carnivorelion]

These predictions are ridiculous. We could be at 2500 be end of week lol. Predicting 3000-4000 this year far more realistic. No way this rally is even close to being over.

[@CarlRoberts-s7s]

Trivael.

[@Act1veSp1n]

Is the pen ad some sort of a joke on "sell me this pen" challenge?

[@aslkdjfzxcv9779]

cvl wr? i wish, but the left and right are in a dom/sub relationship, respectively.

[@simongrier8552]

What's going on with Costco selling 200 million dollars of gold bullion

[@randolphwilson5192]

Might have to get that pen!🤔

[@Shanwaz-ys3ky]

Revux's whitepaper blew me away. RVX is the future of crypto!

[@thezyg6311]

Is this finance or QVC?

[@philfortner1805]

Newsflash, we've been in the suffering phase since 2021. Next up is the empire collapsing suddenly phase and Bitcoin taking over the world.

[@lucanidae100]

Loved the commercial🍖🦴. I am a big fan of pens. I havesome of the best mechanical pencils made on this planet from Pentel. Cross pens are still the best, but unfortunately the refills are made in China

[@hughjass7914]

The Chinese bond sale is cyclical. Heavy for the cycle, yes, but within norms unless and until it extends to next year, Q2 or so.

[@julietrapp1764]

David, why would you have a conversation about gold and not bring up Bitcoin? Are their rules in these interviews?

[@undergroundsubway7023]

The fact you’re trying to sell me a pen just shows that this discussion is for boomers only

[@tooolip7408]

I LOVE writing my hand. Pens= brilliant!

[@strangetrip837]

The constant crises of capitalism 🙄

[@comment2250]

Anything Jamie Dimond says has to be suspect, or taken with a grain of salt. He has an agenda, what it is is anybody's guess, but I would hesitate to act upon what he says.

[@damncars2618]

What's the prediction for reaction to SSI cuts?

[@pmh1nic]

Short term I don't think it will happen. Long term it's going to happen. At a minimum slower growth, higher age requirements, higher SSI taxes.