End of the Road: How Money Became Worthless

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Күн бұрын

Пікірлер: 4 200
@philipfletch
@philipfletch Ай бұрын
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
@RoseGuerra7862
@RoseGuerra7862 Ай бұрын
Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $500K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.
@martinheaway
@martinheaway Ай бұрын
It's always wise to be proactive and consider diversifying our investments to manage risks in uncertain economic times. I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments
@JaneClark7861
@JaneClark7861 Ай бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@martinheaway
@martinheaway Ай бұрын
Amy Desiree Irish is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
@JaneClark7861
@JaneClark7861 Ай бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@Joeknowsball247
@Joeknowsball247 27 күн бұрын
Creating wealth entails establishing positive routines, I had only $28k to my name at 42 when I first woke up to this reality. I decided to use the stock market as a growth medium and got an excellent fiduciary. Financial management is a crucial topic that many people avoid. Often leading to future regrets.
@williamJohnsonq8f
@williamJohnsonq8f 27 күн бұрын
Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $500K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.
@AaronTilt
@AaronTilt 27 күн бұрын
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
@camille_ann3
@camille_ann3 27 күн бұрын
Could you let me know how I can get assistance from your advisor? I need help with allocating my portfolio right now.
@AaronTilt
@AaronTilt 27 күн бұрын
Sure you can! Judith Lynn Staufer is the financial advisor I work with. Just search the name. You’ll find necessary details to work with to set up an appointment.
@mikefallert1306
@mikefallert1306 23 күн бұрын
excellent share, Just looked up her name and spotted her consulting page ranked top. after reviewing her credentials i reached out to her.
@clarkstephen7861
@clarkstephen7861 21 күн бұрын
Dividend investing is my jam! I'm building wealth with a buy-and-hold strategy in my Roth account, featuring rockstars like Berkshire B stock, SCHD, and S&P 500 and total market ETFs. My taxable account is also getting in on the action, generating regular income through dividend-paying stocks. It's a winning combo that's helping me achieve my financial dreams!
@RoseGuerra7862
@RoseGuerra7862 21 күн бұрын
Your strategy is a perfect example of a solid plan! Combining dividend stocks with a buy-and-hold approach sets you up for success.it's clear you've done your research. Yet, I still think consulting with expert advisors can take your success to the next level. They can offer valuable insights, help you mitigate risks, and optimize your strategy for even greater returns.
@martinheaway
@martinheaway 21 күн бұрын
I agree, though some doubt financial advisors. Mine has delivered, growing my portfolio by over $1 million for the past decade through savvy diversification. Financial security is my goal, and I'm pleased with my results.
@JaneClark7861
@JaneClark7861 21 күн бұрын
Could you recommend your financial advisor? I am seeking professional guide
@martinheaway
@martinheaway 21 күн бұрын
Amy Desiree Irish is the advisor I use and am just putting this out here because you asked. You can Just search the name.
@JaneClark7861
@JaneClark7861 21 күн бұрын
Wow!! her track record looks really good from what I found online.i just filled the form and scheduled for a call. Thanks to you.
@davonthemoon
@davonthemoon 7 ай бұрын
How is this documentary not blocked? You are spitting facts and yet you are still alive. I love this channel. Big up guys.
@buttercuptaylor7135
@buttercuptaylor7135 6 ай бұрын
It's not blocked because it NEVER mentions the US economy is based on imperialism nd constant war. The US spends more than 50% of its economy on the military industrial complex, invading countries, stealing their natural resources and lining the pockets of the oligarchs. We spend more on war than the next ten countries combined. That's the real problem, not social spending or job creation.
@ghjfij
@ghjfij 6 ай бұрын
@spaceindian3769
@spaceindian3769 6 ай бұрын
Because it's beyond The peasants doing anything
@ghjfij
@ghjfij 6 ай бұрын
@@spaceindian3769 Yes, where are you from
@sydeedee9198
@sydeedee9198 6 ай бұрын
Yes guys
@NatalieFormor
@NatalieFormor Ай бұрын
The US government debt is on an exponential free fall and the only way to pay that debt is to keep printing . Hyper inflation is coming , housing crash , a recession and a possible depression too. i think is time investors redirected their focus to the equities market cause despite the severe bear market, I am aware of certain investors that have earned over $365,000.
@ClaudiaSchreiber-b1p
@ClaudiaSchreiber-b1p Ай бұрын
The stock market is no different, to maintain such profit, you need to have some in-depth knowledge on the market, prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
@annaj.osorio
@annaj.osorio Ай бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@DanielOrstein
@DanielOrstein Ай бұрын
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
@annaj.osorio
@annaj.osorio Ай бұрын
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
@SloanJane-xp4kr
@SloanJane-xp4kr Ай бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@bookermyk
@bookermyk Ай бұрын
Hi! I’m excited to be here in your channel and I’m interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.
@ryannemdjen
@ryannemdjen Ай бұрын
Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $240K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.
@Simeonedavis
@Simeonedavis Ай бұрын
This is exactly why I appreciate having a portfolio coach to guide my daily market decisions. Their extensive knowledge of strategies like going long and short simultaneously, using risk for its asymmetrical upside, and hedging against inevitable downturns makes it nearly impossible for them to underperform. I've been working with a portfolio coach for over two years, and I've personally made over $650k. Meanwhile, my CFA is working towards six figures, which we expect to achieve by the end of 2024.
@MilaCruz-d5r
@MilaCruz-d5r Ай бұрын
Mind if I ask you to recommend this particular coach you using their service?
@Simeonedavis
@Simeonedavis Ай бұрын
My CFA, Judith Lynn Staufer, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
@bookermyk
@bookermyk Ай бұрын
Thanks, I just googled her full name 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 call.
@ChristopherAbelman
@ChristopherAbelman 4 ай бұрын
The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. Meanwhile, foreign nations continue to desire the U.S. dollar, despite their own economies facing significant challenges, some even worse than that of the U.S. This situation raises concerns about who will ultimately bear the consequences of these economic dynamics.
@PennyBergeron-os4ch
@PennyBergeron-os4ch 4 ай бұрын
They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.
@FinnBraylon
@FinnBraylon 4 ай бұрын
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.
@JosephineKenney
@JosephineKenney 4 ай бұрын
Mind if I ask you to recommend this particular coach you using their service?
@FinnBraylon
@FinnBraylon 4 ай бұрын
I can't divulge much but Sonya Lee Mitchell is the FA I work with you, you can do your due diligence as she's very much accessible to the public
@JosephineKenney
@JosephineKenney 4 ай бұрын
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.
@TinaMyles
@TinaMyles Ай бұрын
One lesson I've learned from millionaires is to always put your money to work, no matter how small. Even investing €200 per month can compound to tremendous wealth over decades. The key is to keep going!
@BaffySchenck
@BaffySchenck Ай бұрын
My advice for who wants to grow financially this year, invest. Saving is good, but investing elevates your finances. Thanks to my financial advisor, my portfolio is thriving, and l'm proud of last year's decisions.
@KentBrono
@KentBrono Ай бұрын
People often don't realize how important financial advisors are. Data from the last 50 years shows that people who work with CFAs usually earn more than those who don't. I've worked with a Adviser for 7 years, and now I have a $2 million portfolio.
@KentBrono
@KentBrono Ай бұрын
I've stuck with ''Julianne Iwersen Niemann" for some years now, and her performance has been consistently impressive. She's quite known in her field, look her up.
@Icarus169
@Icarus169 Ай бұрын
Scam…
@893263007
@893263007 Ай бұрын
This has almost nothing to do with the video. The video is about the national debt and its snowball effect.
@karenhegarty7244
@karenhegarty7244 Жыл бұрын
The best message here is, find out what's going on for yourself and empower yourself. Not just in finance, but in education, healthcare and international systems. Don't trust corrupt governments. They don't serve our interests. It's a big club and we're not in it !
@StoutProper
@StoutProper Жыл бұрын
Precisely
@fliphated
@fliphated Жыл бұрын
It's not just government to blame, but the owners of lobbying corporations who buy influence with the government. If you get the correct people who have good ideas themselves and are not swayed by the bribery occurring, you can use government to oust the corruption. Unfortunately, that is really the only method at our disposal to oust it, and it take superior intelligence and moral fiber by someone who is in the position to cash out into corruption. All the incentives say to be corrupt, so that's the choice most who have the opportunity take.
@dexxty183
@dexxty183 Жыл бұрын
Truth
@rawasya3148
@rawasya3148 11 ай бұрын
True
@dabbbles
@dabbbles 10 ай бұрын
Karen my Love!!! For the first time in 50 years I'm in love!! A woman with REAL brains!!! (not simply Feminist-mandated), ands willing to step outside of 'The Square'. And you appear to have absorbed the Gospel of Michael (ME!!😀) as well! Please DO keep in touch; here if necessary, but better: jollier2ATprotonmailDOTCOM Meanwhile: All the best. And keep your head down: the SHTF crowd aren't the dangerous ones!
@kenrie20022
@kenrie20022 6 ай бұрын
Finally this documentary has answer my question. My wife and I are both nurses working 45hours weekly yet standard of living is poor.
@lorenzonewhouse6552
@lorenzonewhouse6552 6 ай бұрын
Just curious. Do you live in NY or Silicon Valley area??.......I hear you!
@felixpope6073
@felixpope6073 6 ай бұрын
My mom was not working, we were 3 kids and never worried about money. Now my wife works, I have 2 jobs and money problems
@waterdd1
@waterdd1 6 ай бұрын
Chill, my dude. You just watched an hour long commercial for gold.
@emilio8530
@emilio8530 6 ай бұрын
I.O.U=I owe you?
@Knape-vz5ml
@Knape-vz5ml 6 ай бұрын
You probably spend unwisely
@RobbStonee
@RobbStonee 23 күн бұрын
I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?
@ashey-l3y
@ashey-l3y 23 күн бұрын
You should obviously consult a professional. However you have multiple options. 5% CD/Bond rates very low risk. Or buy equities and purchase puts for insurance. Either way you win.
@Chaser-o9h
@Chaser-o9h 23 күн бұрын
50% stock, 20% Bitcoin, 20% high yield CD/ bonds, 10% cash/ fully liquid stable asset
@Aarav-w1x
@Aarav-w1x 23 күн бұрын
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 75 cash earning 5.25 interest, 685k in roth ira, 120k in 401k, Gold and silver bars. age is 48. My advisr helped me realign my portfolio to my risk tolerance and it boomed shortly.
@BenTodd-fl8nv
@BenTodd-fl8nv 23 күн бұрын
I could really use the expertise of this advsors
@Aarav-w1x
@Aarav-w1x 23 күн бұрын
Marissa Lynn Babula is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@mathisnotforthefaintofheart
@mathisnotforthefaintofheart Жыл бұрын
The root cause of all the problems we have now is what happened on December 23th 1913. Minimalism started as some "cult"-like behavior but it is actually a very smart thing to do. Stay out of debt as much as you can. 2008 was never resolved and what's waiting for us ain't pretty.
@samsulazlanosman2287
@samsulazlanosman2287 3 ай бұрын
i think it was after ww2, 1948 to be exact,, when US accept rockerfeller & rothchild as thier financer through federal reserve,
@geoms6263
@geoms6263 Ай бұрын
Stay out of debt as much as you can???? You don´t understand fiat sistem. Money are created true debt
@Discovery_and_Change
@Discovery_and_Change Жыл бұрын
4:00 The U.S. dollar was chosen as the world's reserve currency, but countries started asking for physical gold from U.S., so much so that Nixon called a halt to it 6:49 U.S. and Nixon stopped backing the U.S. dollar with gold in 1971 7:55 Without gold backing, we have fiat currency 9:19 Some countries devalue their currency so that they can be more desirable trading partners 11:23 When the government needs money, the Federal reserve prints it. The government sells bonds to raise money from people, countries, and institutions, which it promises to pay back with interest, which forces Fed. Reserve to later print more money 13:49 Since 1971, U.S. has trade deficit, meaning we buy more from other countries than they buy from us 16:40 By printing more and more money, the value of dollar decreases (inflation) 18:00 After U.S. dollar stopped being backed by gold and inflation rose, wives had to get jobs too, then inflation rose again and people were unable to save, then inflation rose again and people are in debt to get by
@gregorystarks2514
@gregorystarks2514 Жыл бұрын
Therefore our political oligarhs are a bunch of crooks ! period ,
@edhosea.
@edhosea. Жыл бұрын
Russia is gonna trigger A Global Depression on November 7th 2024 by an E.m.p upon America killing also almost the entire population of America by the end of 2025. But before that watch #7November 2023; the de@th of American president(B!den) for the confirmation of that.
@mrme3717
@mrme3717 Жыл бұрын
Central banks have obtained the Exclusive franchise to create ALL new Currency as Debt then loan it out at interest. This indebts the whole world in totally unpayable debts, whether through government bondage note or private bank loans. So that's the primary problem, but abolishment without a plan isnt a great idea. So what's the fix ? 3 questions occur to me in all of this. 1. Who in our society should have the right to create legal currency. This question leads to 2 more questions. 2. What should our money be ? 3. How should it be created ? To me, only Gold and silver can be money, but I don't mind considering copper and nickle as well. If this is the choice we make, then who gets to make it ? It's either government minted, or private or a mix of both. However, this gives a mining company an un wise position of power in the nation, basically it becomes the bank. So if we go bi-metalic, we will need to either nationalise such mines, OR, set a buy price for the metal. Setting a buy price is intervention in a market. That always brings another set of concerns, for one we need the metal to have a floating price. Nationalising mines and paying shareholders in metal brings the challenges of maintaining an enthusiastic exploration. industry. I think in the interests of the greater good, that being, the preservation of the purchasing power of the peoples wages and savings, that nationalising mines is the wisest choice, paying shareholders well for their risk taking in metal, minting gold and silver grams in 1, 3 5 and 10 grams, 999 pure, no denomination assigned, just weight and purity stamped, and let the free market decide its purchasing power. Now the question remains, what is a just and wise way to release new Debt free Currency into the nation, with the view to assist all. Well, you can't just give it to everyone arbitrarily without measure. That's inflation! There are 3 ways that occur to me to justify and wisely release new Currency into a society. 1. Infrastructure. 2. Pensions. (Depending on Capital availability and policy review) 3. Health care. National defence could also be considered. The point is, you have to have a policy for release if you go bimetallic. The goal is, stable currency allowing the efficient exchange of our productivity, with an average zero devaluation rate over time. This means the office of the currency releases new Currency as the population increases. It can also release new Currency to encourage more economic activity. There can be 2 forms of release. Not to be repaid. Such as the categories mentioned above. Repayable. As in loans to the people. I'd like to abolish interest, but in a free market that's not the easiest thing to do because it interferes with private property (your money) and it's a almost religious question and I don't want to get into the church and state question. The point is, if you want to loan for ca fee or at interest, we can't stop it and we probably shouldn't. But, should the government loan at interest ? I'd say, I'm not sure. Let's be aware that interest is a tool of harvest, leading to corruption. Let me explain how I see it. Reasons why humans develop money. 1. Convenient exchange. 2. Trustworthy Measure of productivity. 3. Trustwothy means of Storage. 4. Tool of harvest. Right now, number 1 works brilliantly, numbers 2 and 3 are not fit for purpose, and 4 works well. With interest, who ever starts with the most wins, unless they do something really stupid. You lock 100 people in a space and allow interest on their 'legal' means of exchange, and come back in 100 years and the person who has the most to start with will own all the other people and all the stuff. So, be aware that interest causes problems eventually. It may not be fully moral. It's a demand regardless of increase. Now the world is that locked room, and interest is the tool that enriches those who work out how to use it, and by which they then buy and control all the assets and resources and the very government, and so corruption always ensues. Also understand that easy money Always corrupts. Always! Why ? Because life requires cause and effect to live and to thrive. Ones actions in the natural environment dictates their results. This is nature, uncorrupted, and this natural law at work trains us to make wise, prudent, industrious and sound decisions, to be vigilant and productive, if we want to thrive. Easy money is the opposite. It grants us plenty for no action, and thus it creates sloth, dissolution, laziness. And so easy money ( of which Interst is a class) Always corrupts the human process of learning wisdoms and virtues. So I would teach this and let people decide if they want to charge interest. Remember, you don't need interest in a zero Inflation environment. Or in a stable currency environment. The 'time' factor of money isn't as relevant. The risk factor is relevant.
@friedfrawg
@friedfrawg Жыл бұрын
You da real MVP
@Discovery_and_Change
@Discovery_and_Change Жыл бұрын
@@friedfrawg you too
@evenberg8499
@evenberg8499 5 ай бұрын
Finally a lecture in economy that is not presented in jibberish.
@evanokeroa4877
@evanokeroa4877 4 ай бұрын
The British economist didn't agree
@evanokeroa4877
@evanokeroa4877 4 ай бұрын
It gave the us dominate power over everyone else
@evanokeroa4877
@evanokeroa4877 4 ай бұрын
Rather than an even equal share
@evanokeroa4877
@evanokeroa4877 4 ай бұрын
Equal and fair has never been that one's way
@richardmcdonald7565
@richardmcdonald7565 4 ай бұрын
@@evanokeroa4877 Because the Brits don't know wtf is up anymore.
@DonaldStokes-p
@DonaldStokes-p 20 күн бұрын
To attain upper-class wealth, a wise individual recognizes that building financial success requires smart investments, strategic tax planning, and informed decision-making. Although the stock market offers growth potential, effectively seizing these opportunities demands both skill and expertise.
@SeanTalkoff
@SeanTalkoff 20 күн бұрын
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.
@viviancarolgioao
@viviancarolgioao 20 күн бұрын
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.
@Tonyrobs2
@Tonyrobs2 20 күн бұрын
How can I reach this advisor of yours? because I'm seeking for a more effective investment approach on my savings
@viviancarolgioao
@viviancarolgioao 20 күн бұрын
My CFA ’’ Sharon Ann Meny, 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..
@Tonyrobs2
@Tonyrobs2 20 күн бұрын
I just googled her name 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 call.
@Glicklee
@Glicklee 18 күн бұрын
With these uncertain economic conditions, i'm looking for a more defensive approach so I won't lose my savings to inflation. I'm considering investing over $200k in stocks. However, I'm uncertain about best strategies to use.
@Cochran-j5d
@Cochran-j5d 18 күн бұрын
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
@DonKiebals
@DonKiebals 18 күн бұрын
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
@UYScuti-l6s
@UYScuti-l6s 18 күн бұрын
pls how can I reach this expert, I need someone to help me manage my portfolio
@DonKiebals
@DonKiebals 18 күн бұрын
Yeah, she is Victoria Louisa Saylor , look her up. Anyone is free to contact her.
@DonKiebals
@DonKiebals 18 күн бұрын
Her name is. ' Victoria Louisa Saylor ’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@PhilipMurray251
@PhilipMurray251 4 ай бұрын
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
@Christine-ce4xo
@Christine-ce4xo 4 ай бұрын
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
@Tsunaniis-j5l
@Tsunaniis-j5l 4 ай бұрын
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
@Alejandracamacho357
@Alejandracamacho357 4 ай бұрын
Could you kindly elaborate on the advisor's background and qualifications?
@Tsunaniis-j5l
@Tsunaniis-j5l 4 ай бұрын
Her name is. 'Linda Aretha Reeves’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@Alejandracamacho357
@Alejandracamacho357 4 ай бұрын
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
@robmckean7531
@robmckean7531 11 ай бұрын
On August 15, 1971 I was 8 days from age 17. I had $1,000 in the bank , saved since I was born . I worked as a paper boy at age 13, and had a few jobs as well as a landscaping business where my friends and I mowed 50 lawns every two weeks , did gutters and snow in fall and winter . The $1,000 I had in the bank would have bought exactly 28.5 Troy ounces of pure gold , worth $57,000 today at $2,000/ an ounce . That explains it all .
@wildmanmike100
@wildmanmike100 8 ай бұрын
Should be worth a lot more if central banks didn't hoard all the gold to control the price.
@BranFlakes112
@BranFlakes112 7 ай бұрын
That's pretty thrifty and industrious for a young person, respect to you at least for that.
@reneoppenneer9339
@reneoppenneer9339 7 ай бұрын
Four months later 2367 dollar for gold. The collaps started. If the world survives, China rules the world over ten years.
@ghjfij
@ghjfij 6 ай бұрын
When are you buying?
@oholimoli
@oholimoli 6 ай бұрын
You should have bought Bitcoin for 1000 USD when they released this film in 2012
@actualfacts1055
@actualfacts1055 6 ай бұрын
Printing money doesn't help ordinary people, it just increases the price of everything and reduces the buying power of your money.
@daszieher
@daszieher 6 ай бұрын
Unless you indebt yourself in exchange for assets. The assets maintain their value while the debt becomes smaller over time. Do not, however, indebt yourself to cover running costs. These must be covered by income.
@actualfacts1055
@actualfacts1055 6 ай бұрын
​@@daszieher The magic of inflation, population growth and economic growth.
@MrRIIISEN
@MrRIIISEN 5 ай бұрын
that's why it is printed
@Siclone23
@Siclone23 5 ай бұрын
It only helps people who can use the credit to take more wealth from the system.
@actualfacts1055
@actualfacts1055 5 ай бұрын
​@@Siclone23 You mean it helps people who risk their money to invest not those people who are too scared to venture out of their caves.
@Hondeer
@Hondeer Жыл бұрын
I've been working about 20 years now. My hours have gotten longer and my income has gone up three fold, my standard of living has dropped to less than what it was 15 years ago. We live *well* within our budget with everything thankfully paid off, never take vacations, buy store brand food and repair everything ourselves. But it's getting worse. I don't want all the hard work I've done through my life to be taken away due to a select few bankers in the FED.
@humbertorufino8224
@humbertorufino8224 Жыл бұрын
No mony. NO WORK
@winstonrocco1981
@winstonrocco1981 Жыл бұрын
I’m in same boat just glad I don’t have any payments
@Haloplayervfo
@Haloplayervfo Жыл бұрын
It's not just bankers it ALL of the corporate elite they are essentially the oligarchs of the capitalist world, there only interest to privatise everything and profit of people. We're essentially slaves to this system at this point.
@alexandervanwyk7669
@alexandervanwyk7669 Жыл бұрын
Dear Friend, we live in a sich dishonest world, start discover the Bible, the Word of God. The worlds investments will collapse. Invest in the Kingdom of God and in the next life you will be blessed a hundred fold. Give to the poor. Do great things for the Lord, not for yourself and you will have a treasure in heaven. Hope you find the truth. Study Dr Johan Barnett or Robert Breaker's teachings. Love you from Africa.
@jefferysurratt5650
@jefferysurratt5650 8 ай бұрын
@@WaryofExtremes- Manufacturing is a vital economic sector in the United States.[1] The United States is the world's second-largest manufacturer after the People's Republic of China with a record high real output in 2021 of $2.5 trillion.[2] As of December 2016, the U.S. manufacturing industry employed 12.35 million people. A year later, in December 2017, U.S. manufacturing employment grew by 207,000, or 1.7%, employees.[3] Though still a large part of the US economy, in Q1 2018 manufacturing contributed less to GDP than the 'Finance, insurance, real estate, rental, and leasing' sector, the 'Government' sector, or 'Professional and business services' sector.[3] We are mostly a service economy. Cheap goods from other countries benefit both countries. Our biggest problem for most US workers is that wages have not kept up with the cost of living.
@patrickgallagher213
@patrickgallagher213 6 ай бұрын
This should be MANDATORY to watch this video for American students in ALL school
@Wandrative
@Wandrative 6 ай бұрын
If that happens then the crash will happen on the day they do it. Everyone will rush for gold and that will be when everything crumbles.
@PowerofRock24
@PowerofRock24 5 ай бұрын
There is a reason it's not taught. Hell, budgeting and saving isn't even taught to kids in schools nowadays. They want people to be financially dependent on their salary.
@joevi2593
@joevi2593 4 ай бұрын
Lmao those kids wouldn't pay attention at all.
@darianbarber3763
@darianbarber3763 3 ай бұрын
No as this video's creators oversimplify macroeconomics to a point that it's blatantly misleading
@RonaldChappell-lp7xx
@RonaldChappell-lp7xx Ай бұрын
And them the United States government an Bankers .​@@PowerofRock24
@perma45ACP
@perma45ACP 2 ай бұрын
Im 24 years old and have been researching our economy for the past 8 years, and trust me, the dollar will hyper-inflate in our life times. Love you all God bless America
@Danpron109
@Danpron109 2 ай бұрын
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
@priyankamahatma6672
@priyankamahatma6672 2 ай бұрын
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
@Joe.457
@Joe.457 2 ай бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
@kigletmary56
@kigletmary56 2 ай бұрын
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
@Joe.457
@Joe.457 2 ай бұрын
There is a lot of people sharing advisor's name here which i think is common now, but my advisor's name is `BONITA JEANETTE RODRIGUEZ’. i will recommend you to search her up and see the difference. There is a lot of people sharing advisor's name here which i think is common now, but my advisor's name is `BONITA JEANETTE RODRIGUEZ’. i will recommend you to search her up and see the difference.
@Joe.457
@Joe.457 2 ай бұрын
Her name is 'BONITA JEANETTE RODRIGUEZ’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@ericwong2674
@ericwong2674 Жыл бұрын
The number of children that an average family can afford, plan to bear, and really have, should be used as an important national index of economic situation.
@jordancarlin9687
@jordancarlin9687 Жыл бұрын
should and reality are 2 different things when families are the true carbon they want to reduce. expect a continued onslaught of lies in fnancial news, data and most news in general. the weather report is now the most trusted part of the show. population reduction is the aim. its over for families
@MBAZ1961
@MBAZ1961 10 ай бұрын
Which is now zero aka “dinks”
@jamesmichaeljean7840
@jamesmichaeljean7840 9 ай бұрын
Nobody want kids. That should tell you something.
@jamesmichaeljean7840
@jamesmichaeljean7840 8 ай бұрын
If you thinking that success is a measurement of how many kids you have, then the Spanish Latino is the winner. They have 7 kids each family on average.
@jamesmichaeljean7840
@jamesmichaeljean7840 8 ай бұрын
@@WaryofExtremes- these people having babies like rabbits, they are from Mexico, Guatemala, Venezuela, etc...their countries are third world shit hole, you call that success? 😂
@JamuliaDahrinAnone
@JamuliaDahrinAnone 9 ай бұрын
Financial Education yang Sangat2 Bermanfaat. Saya sangat Berharap Banyak Orang Indonesia🇲🇨 yang menonton ini.
@TheOnesAtTheBottom
@TheOnesAtTheBottom 9 ай бұрын
There are a lot of people out here blaming capitalism for many of the worlds woes but I truly believe that it was the removal of the gold standard that broke this system. Without gold they took a system that only could achieve relatively slow growth yet stable growth to one that was unlimited and fast. They back up money with money and if that money isn't worth anything except our collective acceptance of it's value, it's bogus. They basically took something tangable and made it make belief because, now they could make up and back any decision they wanted to make. They made a real thing in to something mythical and made it almost to a religion, church of the dollar. Who are they? Bankers and politicians - remember, they are the true enemy.
@patbona1963
@patbona1963 6 ай бұрын
In a real capitalist economy faiiling businesses are not bailed out, including banks. What exists now is clother to oligarchy.
@DizGuys
@DizGuys 6 ай бұрын
Agree. Just look at the national debt. Insane.
@francoissimmer5394
@francoissimmer5394 6 ай бұрын
banksters !!
@LaroonDynasty
@LaroonDynasty 5 ай бұрын
Bankers are a symptom of a capitalist system
@lebronejhames7265
@lebronejhames7265 4 ай бұрын
Look into the federal reserve act and fractulized reserve banking everyone likes to joke about a shadow government controlling things from the shadows but they're actually right in front of our eyes in 1913 the world's richest family's schemed together to make the federal reserve act they took it to congress while most were out for the holidays and somehow got it past and this act gave these ultra rich the express right to controll the production of money in the us then in 1971 they were the ones pushing to move off the gold standard then they purposely caused the 2008 mortgage crash to get a vice grip on the american people by giving the government trillions devaluing our dollar increasing our taxes and intrest rates while they got bailed out and walked away with the profits and its not the first time they've done it, literally like 20 years after the fed act the great depression happened and before that all the other financial crashes of the us were because these banksters used fractulized reserve banking I wouldn't be surprised if they somehow created covid to do the same thing
@dulcehahn12
@dulcehahn12 Ай бұрын
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
@AliceAnderson-in1et
@AliceAnderson-in1et Ай бұрын
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
@PearlTremblay
@PearlTremblay Ай бұрын
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
@dulcehahn12
@dulcehahn12 Ай бұрын
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
@AliceAnderson-in1et
@AliceAnderson-in1et Ай бұрын
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
@dulcehahn12
@dulcehahn12 Ай бұрын
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
@michelvandepol1485
@michelvandepol1485 Жыл бұрын
Absolutely the best documentary on this subject, very well put together and very easy to understand
@Scorch428
@Scorch428 Жыл бұрын
No wonder America is so far ahead. Theyve been stealing the wealth from around the world. I can see why America doesnt want to switch to bitcoin, but every other country should want to switch.
@peaceformula5830
@peaceformula5830 Жыл бұрын
The Money Masters On KZbin
@kevinw9073
@kevinw9073 Жыл бұрын
Fascinating documentary that is well done with a simple explanation to what is now unfolding in our economy. I would estimate 90% of the population have "deer in the headlights" viewpoint and refuse to recognize what we are now facing.
@wordup897
@wordup897 Жыл бұрын
It's been pretty obvious for a few decades now with the national debt basically going hockey stick since going off Bretton Woods. The bankers who made this happen would have absolutely known where this would end, but their greed knows no bounds so they went ahead with the scheme. I'm amazed it has kept going as long as it has, but that's only because they keep printing more and more fiat. When will this gigantic bubble finally pop?
@brucey5585
@brucey5585 Жыл бұрын
They are too busy worrying about the .5% being him/her. The government dont want them to start thinking.
@jameslatimer3600
@jameslatimer3600 Жыл бұрын
"a simple explanation to what is now unfolding in our economy". Yes, simple explanations for simple minds. This is not how things truly work.
@sajiktm
@sajiktm 6 ай бұрын
The ordinary people not intrested or thinking about it becasue thats why weeds are legalzed to hallucinate the people.
@jaysant6958
@jaysant6958 5 ай бұрын
@@jameslatimer3600What did you find wrong with the video?
@brutonano9521
@brutonano9521 Жыл бұрын
In the first 4 minutes and 45 seconds, all my suspicions from the past several years have become clearer than ever.
@ryanreedgibson
@ryanreedgibson Жыл бұрын
This video is old and flat out wrong. Sure, the history of currency and monetary policy is correct, but that's it.
@snokehusk223
@snokehusk223 Жыл бұрын
​@@ryanreedgibsonis that it? how is it wrong? didn't US just print 40% of money of all time in few years of covid crisis?
@stevechk
@stevechk Жыл бұрын
@@ryanreedgibson You're right Ryan, it is old..... it was made in 2012 according to the end credits. But what's wrong about it?
@stevewilson4718
@stevewilson4718 10 ай бұрын
​@@ryanreedgibsonwall street shill
@TheJoshuacheng
@TheJoshuacheng 8 ай бұрын
Giant advert for gold
@rifekimler3309
@rifekimler3309 6 ай бұрын
Money is never worthless, currency is worthless.
@asahinayanase3364
@asahinayanase3364 6 ай бұрын
gold and silver should be real money, paper and normal coin tras,h
@musicfuhrer
@musicfuhrer 6 ай бұрын
Send me your worthless currency. I will have it.
@chion918
@chion918 5 ай бұрын
@@asahinayanase3364 respectfuly disagree. true money is hard assets that can not be manufacture, and has to be rare, and back by something real. gold/silver can be mine and be stolen with ease - as illustrated will countless history books.
@janetmalcolm3403
@janetmalcolm3403 5 ай бұрын
Money is valuable when backed by real assets like gold, silver, and other resources.
@cc1drt
@cc1drt 3 ай бұрын
@@asahinayanase3364whats valuable about gold or silver thats different than paper? its all worthless. if civilization collapses you cant use gold or silver to do anything useful
@TitusAsingwire
@TitusAsingwire 8 ай бұрын
Thank you so much for this. Years from the world will give thanks to you for opening it to a whole new area of financial stability.Thank you.
@mattlongman543
@mattlongman543 8 ай бұрын
how are there not thousands of films screaming this from the roof!!!!!
@halilcekic6698
@halilcekic6698 7 ай бұрын
Because this is just a pr
@chrismay2298
@chrismay2298 7 ай бұрын
There are. Nobody cares. They love their serfdom.
@paulnyagini
@paulnyagini 7 ай бұрын
Even if the us would not have printed so much money do you think we would be this far? (Probably not expecially for technology)
@adamblack267
@adamblack267 6 ай бұрын
You say that like all this technology is a good thing.
@paulnyagini
@paulnyagini 6 ай бұрын
@@adamblack267 world would be way worse if technology didn't advanced. (Think about it for a second)
@rustymason3860
@rustymason3860 Жыл бұрын
Our money is not worthless, but it is worth less.
@MukadisAymen-ui8fy
@MukadisAymen-ui8fy 11 ай бұрын
😂😂😂😂😂 it's worthless
@stevewilson4718
@stevewilson4718 10 ай бұрын
What you have is a Currency, not Money Fiat is worthless
@chrismay2298
@chrismay2298 7 ай бұрын
It's not "ours", it's not money AND it's worthless.
@candyfloss184
@candyfloss184 6 ай бұрын
What do we do now? 😢
@vicerichter1163
@vicerichter1163 6 ай бұрын
lol love it. No not really but yeah, we are screwed. The govt. shat on the bed and isnt trying to hide it either.
@ivecadit
@ivecadit 6 ай бұрын
12 years later, still kicking the can down the road 😔
@roselynn816
@roselynn816 5 ай бұрын
Yep, that's what I was thinking. When is it gonna collapse?
@magnificentmuttley154
@magnificentmuttley154 5 ай бұрын
6:48 "Since 1971 the US has never run a surplus" To the contrary. Take closer look at the record, dummy. (I mean this so-called expert) Newt gingrich & his congress created a budget surplus. They proved that it can be done, in 1995-96. One of the ways they made that possible was to end billion-dollar giveaways to non-profits, & to big business. (Earmarks & corporate welfare) Naturally when bushy jr came into office in the year 2000, gingrich was no longer speaker of the house. The pendulum swung the opposite way & pelozi became speaker. So the gov immediately went back into its practice of grand-scale multi-billion-dollar debt
@supadupahilton6848
@supadupahilton6848 5 ай бұрын
48 years later!!
@thaddeus1604
@thaddeus1604 5 ай бұрын
Eventually you catch up to the can. And the road suddenly hilly af! Kick it & it rolls back to your feet.
@paulstetsun2208
@paulstetsun2208 5 ай бұрын
USD is provided with goods and services! Where to fall? In the most severe cases, there will simply be a war! Nuclear war! And everything will be restored again! The reason is in us! In our greed and stupidity! We are heading for a WW, there is no other way. Man is the cause of all Troubles.
@anonymousJAN2024
@anonymousJAN2024 Жыл бұрын
This is the best documentary I have ever seen on this topic.
@fireheart5004
@fireheart5004 9 ай бұрын
In the context of how money is created and its inherent issues, this documentary proposal is entirely misleading. When you study economics, this is one of the best chapters, and when you consider any country's finances, gold kind of a commodity may be enough, yet can not support the global economy itself, which is one of the main reasons to transfer to a fiat kind of system. Unfortunately, the issue is poor management and lack of transparency. To prevent any government or institutions from making lousy management decisions and increase transparency, the next evolution is to be blockchain technology. Old-school economists and governments hate it because it is decentralized control, and transparency is even more than gold-backed currency. Anyway, sooner or later, the US and EU and significant economies have to move to some form of blockchain technology-backed currency. Furthermore, this conversation discusses the Ponzi scheme of the money generation mechanism, and it is not 100% True. If the US still follows old-school gold-backed currency, this development is nothing but a dream.
@trappart9209
@trappart9209 8 ай бұрын
​​​@@fireheart5004why is it not 100% true and why documentary proposal is misleading? I am very curious
@XiangLiu-z7d
@XiangLiu-z7d 6 ай бұрын
@@trappart9209 I don't know much about economics, but the profiles of the people in the video raise my suspicion. Not a single one of them can be considered a proper economist.
@PhilipWong55
@PhilipWong55 Жыл бұрын
The US lost its superpower status in 1971 when President Nixon temporarily suspended the convertibility of the U.S. dollar to gold, effectively ending the Bretton Woods system. The US is no longer able to keep its commitment to exchange gold and the US dollar at a fixed rate of $35 per ounce. It was financially exhausted by spending on the Space program, the Great Society program, and the Vietnam War. A nation's power is based on its economic strength. The last time the US had a positive trade balance was in 1975, according to the U.S. Trade Balance report for 1970-2023. The US is now the world's largest debtor, reflected in its net international investment position (NIIP) of -$14.3 trillion, while China (including Hong Kong) is the world's largest creditor with a NIIP of $4.3 trillion. The last time the US had a positive NIIP was in 1988. A superpower does not borrow money from other countries to fund its military. The US national debt is more than $31 trillion, with 38% of it held by foreign entities. The US also has $38 trillion in unfunded Medicare liabilities and $17 trillion in unfunded Social Security liabilities. The US dollar is the dominant reserve currency, backed by its perceived strength, allowing the US to print unlimited dollars as long as the world maintains trust in it. The US dollar is the backbone of US power, and any actions that undermine confidence in the currency threaten to destabilize its position of dominance. Each unilateral sanction imposed by the US risk damaging the stability and credibility of the US dollar, leading to dire consequences for the nation's power and influence. The US is the only country actively undermining the strength of the US dollar. The freezing of Russia's $300 billion currency reserve by Western governments may lead countries to reconsider investing their funds in US Treasury bonds and finding ways to reduce their use of the US dollar. A significant portion of US dollars is held outside the US, estimated at 60-70% of all US dollars in circulation, due to its status as the dominant reserve currency and wide use in international trade and finance. The one trillion dollar trade deficit of the US is a consequence of being the reserve currency, as a strong dollar makes it difficult for US businesses to export goods and services while simultaneously making it easier for other countries to sell to the US. Countries are expending resources and labor making goods and shipping them to the US in exchange for green pieces of paper. The US is sending back mostly empty containers. The US budget deficit is $1.38 trillion in 2022 which must be paid for by selling more Treasury bonds. The interest on this debt is greater than the military budget. To pay the interest on its debt, the government sells more Treasury bonds, leading to a cycle of increasing debt. The US printing of dollars has been exporting inflation in other countries for decades, but will eventually increase US inflation. Raising interest rates to fight inflation decreases consumer and business spending, increases the trade deficit, and higher interest payments on government debt. Other countries will respond to the US raising of interest rate by raising their interest rate, risking global recession. The Plaza Accord addressed this issue in the past, but it will be challenging to implement such measures now. A well-run country collects taxes to fund essential services and infrastructure. In the US political system, wealthy corporations and individuals can lobby for tax breaks. The shortfall in funding for the US government has reached $31 trillion. Instead of collecting taxes from wealthy corporations and individuals, the government pays interest to them. Banks hold Treasury bonds for their safety, liquidity, regulatory compliance, and potential profitability. When interest rates on Treasury bonds rise sharply, the decrease in bond values reduces liquidity and makes it harder for banks to raise cash quickly. This causes depositors to lose confidence, triggering a bank run. In response to the current bank run, the government is issuing Treasury bonds to raise funds to compensate depositors for any lost funds. There are $19 trillion in deposits in US banks. The estimated unrealized loss on US banks' financial assets is $1.94 trillion, while the total size of their equity is $2.1 trillion. SVB had taken a $15 billion loss, while their capital is $16 billion. Around 2,315 of the 4,800 banks are currently sitting on assets worth less than their liabilities. It's a systemic issue. A similar issue is being played out with risker Mortgage-Backed Securities (MBS) valued at $12 trillion. The new Bank Term Funding Program (BTFP) help prevents discounted bondholders from taking losses when they have to sell them urgently. The BTFP accepts discounted bonds at face value to be used as pledges for loans to inject more money into the economy. Risking more inflation. It's a Ponzi scheme. Ponzi scheme cannot taper. We reached the can and there is no more road.
@titok77-o8j
@titok77-o8j Жыл бұрын
本质是国家家族化,利益阶层固化,底层活不下去。随后内战,国家分裂。轮回
@voidisyinyangvoidisyinyang885
@voidisyinyangvoidisyinyang885 Жыл бұрын
no mention of the PetroDollar? Oil is controlled by the US military.
@benjaminrush4443
@benjaminrush4443 Жыл бұрын
Great Comment. Thank you.
@viaroma8423
@viaroma8423 Жыл бұрын
How did they lose their position as a superpower when they’re the only ones that enforces their policies globally by military actions and sanctions.
@jgalt308
@jgalt308 Жыл бұрын
Foreign held debt according to government calculations is about 7.5 trillion... this would be a lot less than the 38%. Foreign ownership of U.S. debt, which includes both governments and private investors, is much higher now than it was about 50 years ago. In 1970, total foreign holdings accounted for $14.0 billion, or just 5 percent, of DHBP. As of December 2022, such holdings made up $7.3 trillion, or 30 percent, of DHBP.May 11, 2023
@ziontziont3106
@ziontziont3106 Жыл бұрын
How this even came to be is just mind blowing
@blakemcclaren
@blakemcclaren Жыл бұрын
Google the movie "Money Masters" and it will become more clear.
@larkatmic
@larkatmic Жыл бұрын
I’ve got $8000.00 in my savings. What do I do with it? Buy gold, silver?
@ziontziont3106
@ziontziont3106 Жыл бұрын
@@larkatmic don’t blow ur savings, but yeah, buy a little bit of gold. I would buy just a little bit every paycheck… slowly accumulate over time
@larkatmic
@larkatmic Жыл бұрын
@@ziontziont3106 I appreciate your advice. Thank you
@kelsiewilliams8193
@kelsiewilliams8193 Жыл бұрын
​@@larkatmicbuy some land..and raise some sheeps and goat. Also you can grow some rice, corn..and beans.
@FrankPatrick-no8zo
@FrankPatrick-no8zo 3 ай бұрын
My main worry for 2024 is how to increase my $240k reserve, which has been sitting idle for a very long time with little to no profits.know how much risk they can handle and diversify their portfolio. Some folks get help from money experts or do their homework before making investment moves. It's all about being smart with your funds.
@CrystalJoy-32
@CrystalJoy-32 3 ай бұрын
You must establish your own procedure, control risk, and adhere to the plan through thick and thin while also financial advisors have a lot more knowledge and expertise in this area and getting better because nobody knows anything.
@DennisJack-km8ho
@DennisJack-km8ho 3 ай бұрын
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 14.3%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an advisor.
@RonaldPaul-rs6kt
@RonaldPaul-rs6kt 3 ай бұрын
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@DennisJack-km8ho
@DennisJack-km8ho 3 ай бұрын
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Amber Michelle Smith” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
@RuthEvelyn-rc3bg
@RuthEvelyn-rc3bg 3 ай бұрын
Thank you for the lead, searched Michelle by her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!
@jimmyjones9780
@jimmyjones9780 Жыл бұрын
Fifty trillion dollars in debt and rising .... The dollar has been worthless for over twenty years ....
@rottenrobbie8466
@rottenrobbie8466 Жыл бұрын
The USA prints out half a trillion dollars ($500 billion) annually 'out of thin air' and circulates them into global financial market. Just sayin'.
@opoxious1592
@opoxious1592 Жыл бұрын
The Dollar is infected.
@laaaliiiluuu
@laaaliiiluuu Жыл бұрын
The US dollar is only the dominant currency because of its military.
@opoxious1592
@opoxious1592 Жыл бұрын
@Sasen91 But that is alo the basic problem. The more money they print, the less it's worth
@rodniegsm1575
@rodniegsm1575 Жыл бұрын
More than that. It always has been. It's the imagination of people that decides it worth. If people lose faith in it and stop using it like many countries are beginning to do ,what do you think will happen?
@thatguychris5654
@thatguychris5654 Жыл бұрын
Start using alternate money for your local transactions (this helps you and small businesses that are on board). Goldbacks, silver rounds, even things like local "honey money" will help preserve your weath and keep things going. Fight for your freedom, refuse CBDC!!!
@Grace.h-t8o
@Grace.h-t8o Ай бұрын
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
@BrendaHorne-y7k
@BrendaHorne-y7k Ай бұрын
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 trusted advisor in order to navigate this recession and achieve potential high yields.
@Kin-28-8
@Kin-28-8 Ай бұрын
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?
@berniceburgos-
@berniceburgos- Ай бұрын
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 $750k.
@Helen_white1
@Helen_white1 Ай бұрын
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
@berniceburgos-
@berniceburgos- Ай бұрын
My CFA ’Stacy Lynn Staples’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@spudeism
@spudeism Жыл бұрын
Funny how Muammar Gaddafi tried to make a gold backed African Dinar to be Africas one currency but for some odd reason Gaddafi had to go.
@petem68
@petem68 6 ай бұрын
He was a bad man, just like Sadam, who wanted to use the EURO instead of the US$ /s
@akitalovers3973
@akitalovers3973 6 ай бұрын
Both of them wanted to use there wealth for betterment of there nations how dare they mess with kabala and there money interest earning making more slaves but then came the BRICKS let’s see what happens now
@raya472
@raya472 6 ай бұрын
@petem68 He was a bad man because thats what the media told you. As as any good sheep, you believe it without even thinking. ​
@CARLIN4737
@CARLIN4737 5 ай бұрын
Oil must be traded in Dollars.
@janetmalcolm3403
@janetmalcolm3403 5 ай бұрын
.... the same reason why the US wants Putin and Xi to go? History teaches people valuable lessons. The entire world is watching now unfortunately.
@TXLionHeart
@TXLionHeart Жыл бұрын
This needs to be shown to every highschool student in the country
@MukadisAymen-ui8fy
@MukadisAymen-ui8fy 11 ай бұрын
It's not going to make any difference most of people today just want to live their life 😂😂😂😂😂😂
@leptir7110
@leptir7110 9 ай бұрын
Bravo ,nitko ni ne pomišlja na djecu​@@MukadisAymen-ui8fy
@HighTechFan_Geek
@HighTechFan_Geek 8 ай бұрын
Who cares? At our simple human level we cannot change it
@biggusotongus1121
@biggusotongus1121 6 ай бұрын
​@@MukadisAymen-ui8fy true
@Twinrehz
@Twinrehz 6 ай бұрын
If it had been factually correct, I'd agree with you
@tgundy2296
@tgundy2296 11 ай бұрын
Wonderful video. More people need to wake up and be aware of HOW the system is harming most everyday people. Most everyone can tell there's a problem, but the energy directed into solving it isn't focused to productive ends- instead, due to ignorance, it's dispersed into meaningless political and social disputes that are a fancy distraction from the truth
@Lateatnightshorts1
@Lateatnightshorts1 11 ай бұрын
It’s up to us
@Bitcoinzero
@Bitcoinzero 10 ай бұрын
Bitcoin is the key. Not your keys, not your coins.
@Wanderer975
@Wanderer975 10 ай бұрын
​@@Bitcoinzero Bitcoin is also backed by nothing 😂
@flexinclouds
@flexinclouds 10 ай бұрын
​@@Wanderer975True. But it atleast isn't controlled by anyone. Or any entity that can mis-manage it. There can also never be more Bitcoin created. So its atleast worth considering.. And there's also Ethereum.. which actually has more real-world use & stability than Bitcoin. Ethereum is the most commonly used crypto for transactions or payments along with a lot more related to digital property & assets etc. I dont have any trust in other lesser known crypto though
@flexinclouds
@flexinclouds 10 ай бұрын
I agree. But the political disputes are atleast very important.. Because who we choose to lead us decides if our country is ran into the ground or not
@sarahfern7128
@sarahfern7128 2 ай бұрын
This leaves out a big factor: that this system is designed to help only the very richest. For the truth see Richard Wolff's excellent lectures on economy.
@rlg222
@rlg222 Ай бұрын
Facts...
@runePV
@runePV Жыл бұрын
the problem is also that you can't trust anyone when it comes about money.. and those guys sell gold. That's the world we live in
@stevewilson4718
@stevewilson4718 10 ай бұрын
*currency Money is backed by something Fiat currency is backed by nothing
@paulnyagini
@paulnyagini 7 ай бұрын
​@@stevewilson4718 the gold standard was far worse than fiat
@stevewilson4718
@stevewilson4718 7 ай бұрын
@paulnyagini sure! go have your McDonald's
@paulnyagini
@paulnyagini 7 ай бұрын
@@stevewilson4718 looks like you lack macro economics knowledge. Your wisdom comes from KZbin videos.
@stevewilson4718
@stevewilson4718 6 ай бұрын
@paulnyagini No it's y0u who lack brain cells. That's the problem when y0u have scrambled eggs in place of brain.
@Eric-is1jt
@Eric-is1jt Жыл бұрын
Mr Wong explained the situation as completely as ive ever heard and it makes sense.Its very complicated but he made it very understandable to an average person,I must say,very good job of it sir!😅
@sinceredeku
@sinceredeku 6 ай бұрын
The real problem with debt is : those who make them can't be charged, they can go to infinity. While I, a student with student debt would go to jail if I simply ignored my debts.
@1p4142136
@1p4142136 6 ай бұрын
Watched this video 3 times already and I enjoy it every time
@YFolermira
@YFolermira 11 ай бұрын
Getting a head start by beginning to invest early is the most effective way to build wealth, with investment taking precedence. I've learned from last year's experience that starting early allowed me to create a better life through early investments this time around.
@VickyAlvy
@VickyAlvy 11 ай бұрын
I always consult a financial advisor before investing. During the pandemic, I used their tactics to minimize risks and maximize profits, generating around $3 million in three years with my advisor, Stacey Lee Decker.
@VickyAlvy
@VickyAlvy 11 ай бұрын
With the help of google you can book an appointment. She has a wealth of experience in the financial market gained over several years.
@antonnohr
@antonnohr 11 ай бұрын
After reading your insights, I researched her full name and found her online webpage. Thanks for your help.
@johnjay9404
@johnjay9404 11 ай бұрын
FOOLS. Because you still believe in the monetary system. It's already dying in intensive care.
@joekaplowitz2719
@joekaplowitz2719 11 ай бұрын
Cool.
@niteeshsane2315
@niteeshsane2315 9 ай бұрын
This is one of the best things I have ever watched on the internet. Thank for creating this masterpiece!
@BanBb1
@BanBb1 8 ай бұрын
You will be surprised that all it was is a selling pitch to get suckers to purchase gold. If this is the best, I feel for you.
@jotai99
@jotai99 10 ай бұрын
We all know it will happen, but nobody knows when ... that's the blessing!
@jamesmichaeljean7840
@jamesmichaeljean7840 9 ай бұрын
What when?? The collapse of the government? The dollar? Ww3? In those orders and 2 years apart. 😂😂
@ninawestlake14
@ninawestlake14 7 ай бұрын
Thank God for knowledge. This was very informative. It's well made and worth the watch. Thank you for sharing this with us.
@slametriyanto9107
@slametriyanto9107 Жыл бұрын
manusia terjebak derita dalam sistem yang ia bangun sendiri.mari kembali ke gua.ketika hidup masih sangat sederhana.....derita itu nyata oleh hasratnya yang tak terbendung,semoga semua tetap selamat,damai bagi seluruh kehidupan.
@wongsala4407
@wongsala4407 7 ай бұрын
di jaman gua manusia gampang kena penyakit
@imnotgivingmynametoamachin7507
@imnotgivingmynametoamachin7507 Жыл бұрын
You can also use money to build a house, buy land, build a farm, build a way to store and clean fresh water. These are all good ways to convert the crap dollar into actual wealth
@suzanmiller558
@suzanmiller558 9 ай бұрын
Yes you can do that but it’s not truly yours.
@halilcekic6698
@halilcekic6698 7 ай бұрын
​@@suzanmiller558my house is my house 😊
@giantent763
@giantent763 6 ай бұрын
@@suzanmiller558 Do you mean that literally or metaphorically? What you possess and can defend is yours.
@Fawn91193
@Fawn91193 4 ай бұрын
​@@giantent763Legally, it's not. It's called 'usufruct'.
@giantent763
@giantent763 4 ай бұрын
@@Fawn91193 Fortunately the law you cite is probably US law, which in the face of natural law means fuck all.
@Rhgeyer278
@Rhgeyer278 Жыл бұрын
Finding something to strive for and fight for, regardless of the circumstances, is crucial. Once you set the right goal, decision-making becomes easy and enjoyable. I'm also grateful for starting investments in my early 30s, moving from an average lifestyle to earning over 34k monthly. Diversifying my portfolio with savings accounts, stocks, bonds, and high-yield dividend funds has been key. Having a financial advisor like Samuel Peter Descovich has been invaluable. Working with a professional can help prepare for financial struggles. Don't let fear hold you back from realizing your dreams!
@Bradleyschaeffer376
@Bradleyschaeffer376 Жыл бұрын
It is always good to have a financial plan. I work with a professional planner and fixed-income strategist in NY. The fixed income portion of your portfolio won't simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.
@Ashleycorrie8494
@Ashleycorrie8494 Жыл бұрын
Found his website easily. It was like the first thing that came up when I searched his name. I'll surely touch basis with him to see what the best step is for me to take right now. THANK YOU!!!
@RandalHebert
@RandalHebert Жыл бұрын
It’s unfortunate most people don’t have such information, I don’t really blame people who panic cos lack of information can be a big hurdle. I’ve been making more than $65k passively investing with Samuel Peter Descovich, and I don’t have to do much work. It doesn’t matter if the market is crashing, I will always make good profit returns.
@d.d8381
@d.d8381 Жыл бұрын
scam
@vladimirseven777
@vladimirseven777 Жыл бұрын
Everything depends from person selling you their s*it, be it gold where they put their money expecting it to be a new money or consultations on how to lost your money.
@TaoSamrong
@TaoSamrong Ай бұрын
Thank you for recommending Sarah Jennine Davis on one of your videos. I reached out to her and investing with her has been amazing.
@anilhettiarachci8467
@anilhettiarachci8467 Ай бұрын
Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
@FreyaFreya3
@FreyaFreya3 Ай бұрын
Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my portfolio and plan my retirement
@TaoSamrong
@TaoSamrong Ай бұрын
​@@FreyaFreya3She's Sarah Jennine Davis
@TaoSamrong
@TaoSamrong Ай бұрын
+156
@TaoSamrong
@TaoSamrong Ай бұрын
1759
@Robb-jf7vg
@Robb-jf7vg 9 ай бұрын
I don't know when this was made but....... I've been hard at work trying to educate everyone I know, on this very SUBJECT. And most are totally shocked to understand what's actually going on with the dollar!!!!!
@tikitinatv1420
@tikitinatv1420 7 ай бұрын
As have I but not sure how you are convincing them because everyone I talk with is like some kind of crackhead addicted to the dollar. They literally refuse to believe. The problem is that they know no other way
@msrocker2121
@msrocker2121 Жыл бұрын
I would love to see a documentary outlining how exactly to spend or use gold bars if/when the economy fails. On a local level, I can’t imagine we could buy necessities with it.
@renelovemetal
@renelovemetal Жыл бұрын
Crops and live stock are the only thing that matter
@jackmckenna8410
@jackmckenna8410 Жыл бұрын
It's called gold and silver coins. We used to have them.
@carlywright5127
@carlywright5127 Жыл бұрын
Assets.
@paulyD123
@paulyD123 Жыл бұрын
You just go to the local coin dealer, find the one that will pay you the closest to the spot price, mine pays about 96% of spot, and then exchange for cash and go buy stuff. You don't actually spend the silver and gold coins at the store.
@EpicFantasyRPGOfficial
@EpicFantasyRPGOfficial Жыл бұрын
sanitation and medical supplies will be gold @@renelovemetal
@billybobkingston5604
@billybobkingston5604 Жыл бұрын
Good luck America, thanks for the music
@JaquelinHagenes7
@JaquelinHagenes7 Ай бұрын
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
@DawnRempel7
@DawnRempel7 Ай бұрын
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
@JaquelinHagenes7
@JaquelinHagenes7 Ай бұрын
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex. A widely known crypto consultant
@AlexieAuer
@AlexieAuer Ай бұрын
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
@DawnRempel7
@DawnRempel7 Ай бұрын
I'm a beginner please how can i reach out Alex
@JaquelinHagenes7
@JaquelinHagenes7 Ай бұрын
This is he’s telegrams user name
@imadkd
@imadkd Жыл бұрын
when u realize that this documentary was done at least 10 years ago when national us debt was around 12 - 14 trillion. now it is 34+ T and the inflation and interest rates are a much higher... it is human nature to dismiss possibilities of the occurrence of certain events if they haven't happened somewhere in their lifetime...
@turquoise_hexagon_sun
@turquoise_hexagon_sun Жыл бұрын
Exactly. This thing is gonna blow any minute.
@Eric-is1jt
@Eric-is1jt Жыл бұрын
Our government ĥas finally spent us into a socìalist,..communist system that we cannot go from.The billionaires own it and bureaucrats run it.Ohwell it could be worse and eventually will be?😅it ❤
@dinozedda1955
@dinozedda1955 Жыл бұрын
I'd like to add: The real backing of a currency is the natural resources and the abilities of people.
@-WarCriminal-22
@-WarCriminal-22 Жыл бұрын
Nah real backing is force. Everything in the world is decided through holding a biggest wall of loaded guns in the room. All the politics are only done between the strong people. If you're weak, you do not get anything. Power corrupts, unfortunately
@timopint1125
@timopint1125 Жыл бұрын
the cash you holding is a bet to have that in the future.
@o2807
@o2807 Жыл бұрын
circular ponzi scheme. lol
@svencejohanson9051
@svencejohanson9051 Жыл бұрын
No - it's whatever the product is they produce.
@eyesopentotruth
@eyesopentotruth Жыл бұрын
"it's not the source it's the function"
@oldieman730
@oldieman730 Жыл бұрын
Eleven years ago, when this was made, they had no idea that what comes after FIAT is Central Bank Digital Currencies. CBDC's are the gateway to a dystopian future with forms of Social Credit Score systems controlling what you can and can't do. My own Government Treasurer has said we will be fully compliant with CBDC's by 2028-30.
@jcymngo
@jcymngo Жыл бұрын
Yes. Exactly. They are basically ready to roll out. They let bitcoin flourish to see how it would behave and how people would respond.
@lil_miss_strange
@lil_miss_strange Жыл бұрын
Their next "trick"...
@raoulhery
@raoulhery Жыл бұрын
People are not victims of the system, they are accomplices.
@lil_miss_strange
@lil_miss_strange Жыл бұрын
@@raoulhery And when everyone realizes that, their smartest option will be to Opt out!
@ghjfij
@ghjfij 6 ай бұрын
You're with a very smart man
@tinman52
@tinman52 6 ай бұрын
So now we can't blame anyone but ourselves? That's just great. Thanks
@freedomfisher2496
@freedomfisher2496 Жыл бұрын
I've tried to explain exactly this to all my friends and family between 2009-2012 but of course everybody back then called you "conssspiracy theorisst"
@DattBoiiT
@DattBoiiT Жыл бұрын
Wow what a different time.. did you ever become successful from your economic predictions
@freedomfisher2496
@freedomfisher2496 Жыл бұрын
​@@C.I.A.RetiredI did not come up with it myself, I was taught by others, you think nobody noticed for many decades how this system works until suddenly just now? It always has been public knowledge. And please teach me since you are so smart, how this specific knowledge can make a person rich
@BruceKWill
@BruceKWill Жыл бұрын
Your friends and family are right.
@freedomfisher2496
@freedomfisher2496 Жыл бұрын
@@BruceKWillSo we don't live in a debt-based economy where a central bank just keeps printing more money and creating more debt and fool around with quantitative easing and interest while inflation goes on forever? And if so, you really don't think that one day the whole thing will come crashing down in a gigantic bubble? Or do you don't have arguments and just a NPC?
@gloryus8892
@gloryus8892 Жыл бұрын
@@DattBoiiT Judging by their lack of response it seems they haven't. If they actually know what they're talking about they would have quadrupled their wealth by now.
@mattm597
@mattm597 10 ай бұрын
UNSUSTAINABLE!! But just like an addict does not choose to get clean until they hit the rock bottom, our addiction to our fiat system will be no different. There will have to be a catastrophic economic event before we go back to the reality of a precious metal-based monetary system. We older folks are just hoping we can make it to the end of our life (retirement) before the collapse.
@stronzer59
@stronzer59 5 ай бұрын
Creating funds via loans is as good as it gets, Al Capone would have loved this gig
@benoitguillou3146
@benoitguillou3146 Ай бұрын
No just ANY loans , loans ONLY to people who serve your very peculiar interests
@stanislavbulatov9035
@stanislavbulatov9035 6 ай бұрын
With gold you could’ve bought the same value of goods 200 years ago, with fiat you buy less and with Bitcoin you will buy even more!
@wernererk4883
@wernererk4883 Жыл бұрын
100 tumbs up for educational merits........should be taught in each school and shown repeatedly in every serious channel.
@rickpicone9751
@rickpicone9751 Жыл бұрын
Problem with that is, everybody would catch on to the government corruption and they wouldn't be able to get away with ripping everybody off.
@rebeccahale4673
@rebeccahale4673 Жыл бұрын
This video explained so many things in a way that I could understand. Thanks!
@LoverOFhopeANDcompassion
@LoverOFhopeANDcompassion Жыл бұрын
No it didnt. Its a promotion to sell gold with no mention of reputable dealers; is gold in your hands before you give away your savings?? do you pay taxes while gold in your posession? taxes on gains when cashed? Never as simple as it looks
@BanBb1
@BanBb1 8 ай бұрын
I understood them also. But I know enough about modern economics to know most of it is pure unadulterated bullshit put together to sell gold to suckers. All the problems that we face today are due to the Neoliberal ideology that Ronald Reagan introduced and we have been under ever since. Since then American productivity has grown exponentially while wages have remained stagnant. The presenters take thease problems that we can all see and blame it on the Fiat system, which is bullshit. Where have the strong unions that use to control high wages, gone.
@Vladimirputin11111
@Vladimirputin11111 8 ай бұрын
​@@LoverOFhopeANDcompassion Yes It's not as simple as it looks...but It's not a promotion video of gold sell...
@BoydGilbreath
@BoydGilbreath Жыл бұрын
Very depressing and realistic. Criminals never win, except in the USA.
@katiajulien4841
@katiajulien4841 Жыл бұрын
Theres no rest for the wicked, said YAH
@komangthe1413
@komangthe1413 Жыл бұрын
AS adalah penjahat dunia😂😂😂
@Scorch428
@Scorch428 Жыл бұрын
Other countries trusted the US. In the future there will be no trust. only verification.
@CJ-gv6bq
@CJ-gv6bq Жыл бұрын
More anti American rhetoric. Criminals enjoy global success throughout all of history.
@raoulhery
@raoulhery Жыл бұрын
The sad part is that we agree to the system, somehow we are accomplices.
@int-64
@int-64 6 ай бұрын
This is going to be The Greatest Weslth Transfer in human history
@justinwise6781
@justinwise6781 6 ай бұрын
Can you explain?
@Mr196710
@Mr196710 6 ай бұрын
@@justinwise6781 You are joking. Right?
@aleksandrakowalczyk6043
@aleksandrakowalczyk6043 5 ай бұрын
He is meaning that it's about transferring money and wealth and assets to the richest. Disappearing of middle class. But the greedy is loosing twice (polish saying). People will come for rich like in France, that's why they are trying to uneducated people, occupy their attention, make people less likely to join a community to fight for their rights, divide them and then force to scrap for basic necessities.
@bravosix66
@bravosix66 4 ай бұрын
I believe he meant that the shift in capital and wealth will occur because those who hold practical value-those who possess the means of production, machinery, skills, and the capability to produce tangible goods, such as food-will become the true holders of real wealth. It won't be those who merely hold fictitious titles and currencies that generate imaginary interest based on a nation's wealth.
@Liam-zw1ek
@Liam-zw1ek 4 ай бұрын
@@bravosix66 Well said.
@micheltheberge2808
@micheltheberge2808 10 ай бұрын
Good advice. The only bad thing is the government keeps track of who owns precious metals to be able to confiscate in harsh times. Suggestion: buy in the black market.
@tomcox5063
@tomcox5063 4 ай бұрын
Pay cash
@poweredbychrist2879
@poweredbychrist2879 4 ай бұрын
Buy at your local coin shop.
@akampuriramartin1949
@akampuriramartin1949 Жыл бұрын
This is fantastic, guys thanks a lot, keep educating global citizens
@ben8405
@ben8405 11 ай бұрын
Pay cash as you go.
@andyp9985
@andyp9985 6 ай бұрын
so do we buy gold or silver, tangible gold / silver
@derek8149
@derek8149 Жыл бұрын
Last time this documentary came out, gold price hit peak euphoria before plummeting. Gold will eventually be a great investment when the dollar collapses, but watch out when this video pops out again and gold is currently near all time highs
@BigJohn-BigJohn
@BigJohn-BigJohn 7 ай бұрын
The last 2 spoken sentences of this documentary, were the most significant and by far the most meaningful and powerful sentences in this video! They speak to a much greater meaning!! - ".....Find out what's going on for yourself, empower yourself!"
@hardwired548
@hardwired548 Жыл бұрын
I just don't believe many people even understand this world we now live in today. And it's because they've not paid any attention to anything that we've all been watching for the last 25 years. We see so many debates over so many of these various geopolitical issues today, but we still don’t see anybody asking what this is all really about? Or even asking why this is all happening? Today, it seems that nobody wants to know, let alone try to work it out, (to then understand it). Only, when we just look at everything we’ve all seen over at least these last 25 years? Surely we all must understand at least a part of it? Only it seems it's the truth, that nobody wants to hear, and that's understandable, yet they'll also deny anything that can explain all of this, and deny it, without being able to offer up anything themselves, as I'll explain. When really looking at the big picture and the cause for this, could it actually be, that all we've been watching over these last 25 years, is the US carrying out a plan they’ve put in place, knowing their economy had to collapse? Could it be, the US has known for many years now, that the only way they can avoid complete collapse, would be to force in a "single world currency"? No, why not? The US has known for many years now, their economy had to collapse, (and I believe, they’ve actually planned for it). And everything else points to it. The effect of them doing so, would see the US, overnight, become completely debt free, this explains their endless massive military overspending, it also explains China being allowed to hold so much US debt with so many US government bonds - (US debt of about $1.4 trillion). And it would see the US achieve full global financial & military control, (a very nice achievement, some fools might argue). It would become American Tyranny, (in other words), and that's no different from Nazi tyranny. How Ironic! The US dollar is the world’s reserve currency, and is/was used by many countries to sell/purchase their oil/gas/energy etc, meaning billions of dollars are kept by those countries for their energy purchasing. What that allowed the USA to do, was to print billions of US currency, without ever-showing the real rate of inflation that would always arise from such massive currency printing, but because so much US currency sits in bank vaults all over the world those dollars would/should never find their way into the actual US economy, (meaning the USA could hold their rate of inflation well below the rate It always should have been). The problem today, is, that many countries are now buying and selling their energy in other currencies, and they'll all need to dump/exchange all those dollars they’ve held for so many years, with the currency they’re going to use. When those dollars filter into the main US economy, the inflation will explode (as It can’t be hidden any more). Without a single world currency, it will see hyperinflation, with the price of a loaf of bread, (for example), skyrocketing to well over $10, Collapsing the US as we’ve never seen before, the US will be left in enormous debt for hundreds of years to come, yet with no way of creating any more debt. It will all be over. And that will see a break-up of the Union, and a complete separation of the states, much like we saw with the collapse of the USSR. This is why we’re seeing this attempt to drag Russia and China into a war, as I'll explain. The US can't force in a single world currency, with both Russia and China's nuclear threats saying get lost, so, to avoid complete collapse, sees the USA, today, needing to remove those nuclear threats, (to then force in a single world currency), or it's soon going to be, all over, and the USA will collapse just like the USSR. They nearly had it done with the collapse of the USSR, (what an unexpected bonus that was), it meant they could do it, without war! Only they messed that right up because they took their eye off one man, - Putin. After the collapse of the USSR, the CIA were bribing Yeltsin throughout the 1990s, they created pro USA oligarchs, by selling off Russian resources in illegally set up and corrupt CIA led auctions, they took it so far many Russians were starving to death, and it ended with the US really believing that Russia couldn’t ever become a threat to them again. They kept Russia in a state of pandemonium through Yeltsin’s reign, believing they had sealed Russia’s fate to the toilet. When Putin came to power, the US could not work him out, but when they invaded Iraq, and Putin, (craftily as it bought him time), did not veto them, they believed they still had Russia under their control, and Putin was just a pushover like Yeltsin. - History will come to see Putin’s tactic of not vetoing the Iraq invasion, as a brilliant geopolitical move, and as “world changing”, as he completely fooled the US not to bother looking at Russia as any sort of potential threat, (and that really damaged their plans). As while the US were invading countries around the world, (with no one to stop them). Putin had quietly begun creating Russia an extremely effective military defence, and he'd upgraded all Russian weaponry to a level able to hold its own, if not beat, any nation on the planet. The US, blind to this, carried on, as they used NATO to murder Gaddafi, and as they kept Iraq destabilized, (by transferring hundreds of well known terrorist commanders, into Iraq from Guantánamo Bay), to help keep it in chaos over the next decade. They then set their sights on Syria, and were preparing for a ground invasion (as with Iraq), when out of the blue Putin vetoed that action, stopping them dead in their tracks.- The US then took a much closer look at Russia, when the US understood how they’d misread Putin, they then set out to demonize him throughout the entire world, but it still left the USA unable to use ground troops in Syria. In Ukraine, the US were at first all upbeat about Yanukovych winning the Presidency of Ukraine, because he’d shown an interest in joining the EU, and it was only when he saw the EU had added clauses he was unaware of, did he then refuse to sign to the EU, but instead, he asked Russia for a loan, and stated he was trying to work on a closer relationship with Russia, then all of this kicked off. And we're still seeing the results today. But it really is just another thing that does show Russia just how desperate the US is to force this all into a war. In Syria, the US decided to use proxy’s in the form of terrorists, they recruited, trained, armed, paid and then sent those terrorists into Syria, and they murdered people in the streets, they took over towns and cities across Syria with murder and butchery. It was all done long before we saw ISIS cross into Syria from Iraq. This is all about the USA’s attempt to force in a single world currency, and with NATO’s really treacherous and pathetic stance in all of this, it seems that if the US $ collapses then so does the Euro. Things have dramatically changed over these last 25 years, and they've changed to such an extent, that it sees us, today, becoming exactly what we fought the second world war to prevent. That’s the bottom line of what we’re all really facing. Putin knows all he needs is time, he knows he must avoid getting into a war with the USA, but never lay down to them, he knows that sooner rather than later it’s all got to start to collapse, so he’ll avoid war and let them crumble. After all, Russia had to start again, and they didn’t force it to war, (after getting an agreement that NATO would never encroach further towards Russia, they allowed it all to collapse). But the US know that’s what he’s doing, so we’ve seen them provoke and provoke Russia, they’ve non-stop encroached further and further towards Russia’s borders, using NATO’s ridiculous excuse of protecting the Baltic’s from Russian aggression. We’ve witnessed Putin, four times, seriously, and clearly warn them to stop this nonsense, and the US have purposely ignored him every time, because they don’t want compromise, they don’t want talks, and they don’t want peace, no, they must have war (to remove Russia’s nuclear threat), force in a single world currency, or they’re finished, and they will collapse. And collapse to the extent it will see a break-up of the Union and a separation of the States. This is what no one wants to admit. Yet, you only need to understand, that for all Western governments, and the mainstream media, to be following the same scripted lies? (unprecedented in history), we simply must know the reason is huge! It is! - After reading this, you can go back and look at everything that has happened leading up to now?, and you’ll now understand all of it. Things that made no sense at the time, and things you never really understood, now become very clear, and it becomes obvious exactly what the US are really doing, and you’ll now know WHY they're doing this. Only then?, well then, you’ll also realize the US will never stop, because they can’t, or they’re bankrupt to the point of complete collapse. This is what's facing us all, right now, as we speak. I mean, anyone, please do tell me I'm wrong? I'd love to be wrong! Only the problem you have now, is, you actually can't tell me I'm wrong, because this makes much more sense than anything you've ever heard coming from any of our criminal governments! But now, doesn't the whole picture become as clear as day?
@EliasTsakmakis
@EliasTsakmakis Жыл бұрын
i came to very similar conclusions myself following various sources and events. it does make a whole lot of sense and you have done a very good job compiling the history of the last 40+ years. what i find very interesting is Putin's veto on the Iraq invasion. I did not know that and If what you speculate is indeed true then it is an ingenious trap. My wake up call was the reaction of Europe's leadership to the Ukrainian situation when Putin finally invaded. I simply could not wrap my head around the fact that they went along with US's schemes and couldn't decouple themselves from a policy that was clearly destructive to the continent. I can only arrive to the fact that they, European Governments or ruling class or whatever, have invested so much in the American system that they have to take this gamble with them in hope of the slight chance that it succeeds because otherwise they are both fucked. Europe loses either way, i don 't see anything good coming out of this mess we are in. Now what is left to be seen is how far those idiots are willing to push it, because given how Ukraine appears to be on its last leg and Saudis and Iran joined Brics meaning no more adventuring in the middle east, i don't think Americans have it in them to accept defeat and back off and it is only a matter of seconds for something really stupid to happen.
@eyeswideopen7777
@eyeswideopen7777 Жыл бұрын
The USA and Canadian government keep ppl dumb with drugs and marijuana
@eyeswideopen7777
@eyeswideopen7777 Жыл бұрын
Unfortunately most ppl can't see what you see. They're too busy with simple things, survival and self gratifications of porn, phone, movies and drugs 😅
@stevewilson4718
@stevewilson4718 10 ай бұрын
100% agree
@angryyoungman4389
@angryyoungman4389 6 ай бұрын
I totally agree with you, this is American Tyranny.
@saranguys1
@saranguys1 Жыл бұрын
Thank for good documentary, we (Indians) have traditional method of saving more gold(real money) in their family,so we will get protect from crisis. Their 20-30% savings will go to physical gold investment, than any other fake investment (stock,Mutual funds scheme).
@ghjfij
@ghjfij 6 ай бұрын
Investing in stocks is stupid
@JohnSmith-cf4gn
@JohnSmith-cf4gn Жыл бұрын
I remember when Cokes were a nickel. You could eat lunch for fifty cents or less. Those were the days, the 1950s.
@annah5507
@annah5507 4 ай бұрын
Cokes were a nickel and had real coke to boot!
@domesticatedwolverine4152
@domesticatedwolverine4152 4 ай бұрын
Back in those days air conditioning wasn't available in cars.
@JohnSmith-cf4gn
@JohnSmith-cf4gn 4 ай бұрын
@domesticatedwolverine4152 My dad bought a 55 Ford Crown Victoria in 1957 and had after market A/C put in it.
@realtruth172
@realtruth172 2 ай бұрын
and we got along ok and people didn't build houses in the desert
@rlg222
@rlg222 Ай бұрын
I wish I was an adult in the start of the 50's when we started up the middle class. That way I could live a good basic life and pass away before I say all this mess get worse...
@gokulelumalai7819
@gokulelumalai7819 2 ай бұрын
One of the best documentary I ever watched
@Markbritsusaworldpeace
@Markbritsusaworldpeace Жыл бұрын
I feel so much better knowing the process that created the problem economically. Remarkably beautiful craftsmanship of truthfulness and logic.
@edhosea.
@edhosea. Жыл бұрын
Russia is gonna trigger A Global Depression on November 7th 2024 by an E.m.p upon America killing also almost the entire population of America by the end of 2025. But before that watch #7November 2023; the de@th of American president(B!den) for the confirmation of that.
@eyesopentotruth
@eyesopentotruth Жыл бұрын
Sarcasm at it's finest
@CelestialWoodway
@CelestialWoodway Жыл бұрын
Explain to me what good would it be for me to go out and buy gold and silver? I can't pay my rent in gold bars, I can't take gold coins and pay for my gas and groceries with them. Everything I need to pay for I pay for in dollars. This seems like a commercial for dealers in gold and silver.
@chrismay2298
@chrismay2298 7 ай бұрын
You have LOTS of research to do. Or don't. Up to you.
@kirkD9349
@kirkD9349 6 ай бұрын
Buy bitcoin
@Kittiesinclair5
@Kittiesinclair5 6 ай бұрын
@@chrismay2298 Are you criticizing this person for their real situation? Many people dont have money to buy gold. They still have to eat and live somewhere. I think this person has clearly described the problem for the average person: thanks to the decades long emphasis on currencies which are easily manipulated by corrupt ponzi schemers in every country, gold has become out of reach as a measure of the worth of a person’s work or efforts over the course of their life. Would it be better for this person to have thousands of gold bars, but be dead from starvation? This documentary appears to say that gold holds its value, but does it? When corrupt accountants and bankers re sell the same ounce to multiple buyers, what is the value? Unfortunately gold has become just another tool that the corrupt use to rob others.
@christianm5032
@christianm5032 6 ай бұрын
@@Kittiesinclair5 so if u plan on buying it buy the actual physical gold so u dont have the same ounce that 20 other ppl have
@cranetrucker1298
@cranetrucker1298 5 ай бұрын
Exactly gold is still an earlier form of money...which no one uses day to day currently, thats why true forms of value are food, shelter or protection...so the real thing to own and be rich is vegetables...meat....farms.....building materials...wood...iron.... amunition & guns
@ttltm
@ttltm Жыл бұрын
BRICS making their own currency cannot have come at a better time.
@AlecHadden
@AlecHadden Жыл бұрын
I'm very glad I made wise financial decisions that transformed my life permanently; I'm aiming to retire next year... For any creative individual to be successful in life, investment should constantly be on his mind.
@SmithMiller5
@SmithMiller5 Жыл бұрын
I agree with you and believe that the key to financial security is having the correct investment ideas to allow you to earn more money. I'm not sure who agrees with me, but I recommend real estate, cryptocurrency, and stocks.
@Bridie_Aine
@Bridie_Aine Жыл бұрын
Yeah!! It would be more advantageous and profitable if you actually traded on the digital currency bitcoin; I've been trading since the dip and have made a lot of dollars through trading.
@Colin_Firth
@Colin_Firth Жыл бұрын
@@Bridie_Aine How does all of this trading work? I'm quite interested, but I'm not sure how to proceed. I've heard that some people make a fortune trading.
@Bridie_Aine
@Bridie_Aine Жыл бұрын
@@Colin_Firth Trading is easier with correct direction, especially from a professional. For newcomers who are unsure of how crypto genuinely works and want to profit from it, I would recommend investing with a professional like Andrew Glenn Adams, as it helps safeguard and limit the possibility of losses.
@Ritchie319
@Ritchie319 Жыл бұрын
@@Bridie_Aine I'm amazed; it's wonderful to hear others acknowledge Andrew Glenn Adams. I lost my job in April 2022, but now I'm back on top, and I always win with his help. He earns my honor since not only does he make my trading easier, but his cryptocurrency market analysis is excellent.
@nyquil762
@nyquil762 28 күн бұрын
Watching this video should be required in high-school, college and graduate school.
@lecoqjeannot3358
@lecoqjeannot3358 Жыл бұрын
Very nicely put together and easy to understand.
@Scorch428
@Scorch428 Жыл бұрын
The solutions it proposes are off. Countries arent going to go back to gold when the US govt owes them so much and isnt going to give it to them. So theyll switch to something else, likely a CBDC. Eventually all govts will have to. The people can opt out with bitcoin. Its going to be hard to supress the price of that without acutally sending it.
@edwardturner1282
@edwardturner1282 6 ай бұрын
Glad I saw this before it is taken down.
@wyldmansix7
@wyldmansix7 7 ай бұрын
Greatly appreciate the work involved in the making of this documentary. Well done and very enlightening!
@supremereality6086
@supremereality6086 3 ай бұрын
The question of whether we are living in a false economy is a complex and multifaceted one. There are several arguments that could be made for and against this idea. Some arguments for the idea that we are living in a false economy include: 1. Debt-based economy: Our economy is largely based on debt, with governments, businesses, and individuals relying heavily on borrowing to finance their activities. This has led to a situation where the economy is fueled by debt rather than genuine economic activity. 2. Fiat currency: Most currencies are fiat currencies, which means they are not backed by any physical commodity but rather by government decree. This has led to concerns about the stability and value of these currencies. 3. Financialization: The economy has become increasingly financialized, with a growing emphasis on financial transactions and profits over real economic activity. 4. Inequality: The economy has become increasingly unequal, with a small elite holding a disproportionate amount of wealth and power. 5. Environmental degradation: The economy is based on a model of constant growth and consumption, which is unsustainable and has led to environmental degradation and resource depletion. On the other hand, there are also arguments against the idea that we are living in a false economy, including: 1. Economic growth: The economy has experienced significant growth and development over the past century, lifting millions of people out of poverty and improving living standards. 2. Innovation: The economy has driven innovation and technological progress, leading to improvements in healthcare, transportation, and communication. 3. Global trade: The economy has become increasingly globalized, allowing for the free flow of goods and services and increasing economic interdependence. 4. Social welfare: The economy has provided the resources for social welfare programs and safety nets, which have improved the lives of millions of people. Overall, whether or not we are living in a false economy is a matter of perspective and interpretation. While there are certainly concerns about the stability and sustainability of the economy, it has also driven significant growth and development.
@katz-yd2yu
@katz-yd2yu Жыл бұрын
How the hell did they get away with this? The world sure has been sleeping
@eyeswideopen7777
@eyeswideopen7777 Жыл бұрын
Because there's not enough ppl to raise this issue to government. MSM don't inform the public but keeps distracting us with Kim Kardashian, prince William, harry and Megan trash news
@MarinMarius-d1x
@MarinMarius-d1x Жыл бұрын
Suntem niste roboti lasi si manipulati de bani ...americani trebuie sa lase china sa conduca lumea si poate ne va fi mai bine la toti .
@seane6616
@seane6616 Жыл бұрын
KZbin shadowbanned all replies :(
@poweredbychrist2879
@poweredbychrist2879 4 ай бұрын
Public education.
@MT1983ful
@MT1983ful Жыл бұрын
The last key phrase says it all "Get out of currency, buy money"
@jefferysurratt5650
@jefferysurratt5650 8 ай бұрын
The problem with gold or silver is that both went down in value during the 2008 recession. If you purchased gold in 2011 @ $2,000 per oz, it would need to go to $2,800 just to have the same value. You would of missed all the gains of the stock market since then. The Banksters are in control of the commodities exchanges, if they want gold to go to 500 per oz. They can make it happen. My silver bullion purchases since the lows of 2017 have not even kept up with inflation. The best thing we all can do is get family and friends off the DEBT train. I use credit cards for the cash back and always pay off before any interest can be charged. I have floated $25,000 on zero interest credit cards since 2020. Current balance $11,000 and it will be paid off Jan 2025. I have cut my budget to the bone and I am able to save $20,000 per year of my $45,000 retirement income.
@chrismay2298
@chrismay2298 7 ай бұрын
@@jefferysurratt5650 You're valuing your money in currency terms. Completely backwards, just like most people. Still worshipping that dollar... LOL
@rhaspiece
@rhaspiece 6 ай бұрын
@@jefferysurratt5650 1 kg gold 1 is kg gold. what do you not understand?
@adamblack267
@adamblack267 6 ай бұрын
And you can't eat gold or silver......
@2A-Bear-Arms
@2A-Bear-Arms 6 ай бұрын
@@rhaspiece Only problem with gold is where do you keep it? How do you spend it at the gas station, the supermarket etc? You have to exchange your gold for paper money to buy anything. Talk about the ultimate inconvenience.
@carolanderson117
@carolanderson117 Жыл бұрын
This was made in 2012, I looked it up in IMDb. I really wish it was listed by the title, (not the posted date…)
@pdudde6042
@pdudde6042 6 ай бұрын
Yes it was made in 2012. Damn it's alot worse now 12 years later.
@kentucky_alaska4025
@kentucky_alaska4025 5 ай бұрын
I’m 30 years old and I know in my life time I’m going to see this scam fall apart. I’m definitely putting my money in gold and silver but also tools and guns and ammunition. And other valuable items Great video
@ConnorJaksik
@ConnorJaksik Жыл бұрын
It's interesting that this documentary was first published in 2012... here we are 11 years later... I'm curious how many more decades this will go on for.
@LaFonteCheVi
@LaFonteCheVi Жыл бұрын
The situation has become a lot worse.
@jordancarlin9687
@jordancarlin9687 Жыл бұрын
2020 was the clear beginning of the destruction of the middle class. so it wont continue much longer and youll soon be eating chichi beans
@sharyn4271
@sharyn4271 Жыл бұрын
I wish they’d show original release dates in descriptions. I did a search on the title, as I thought Peter Schiff looked a bit younger.
@thekrazyasian
@thekrazyasian Жыл бұрын
if you bought gold in 2012 you'd be rich now!
@flexinclouds
@flexinclouds 10 ай бұрын
Damn, its so fitting to what were seeing now.. which was largely made worse by Dems & the current administration. I could've sworn this was recently made😅
@aussieebayfashion
@aussieebayfashion 6 ай бұрын
Constant buying of physical gold and silverI is the way to go, I live 30 minutes from Perth mint!
@deebow0865
@deebow0865 Жыл бұрын
Real money, Gold and Silver. 💯
@KaricAh
@KaricAh 8 күн бұрын
Merci pour les mises à jour continues, je préfère trader en bourse car c'est plus rentable. Je gagne beaucoup d'argent par semaine même si je fais à peine du trading moi-même.
@giovan-he3
@giovan-he3 8 күн бұрын
Je suis favorisé financièrement, merci Jésus, bénéfice hebdomadaire de 32 000 $, quelle que soit la gravité de l'économie.
@DrwtUte
@DrwtUte 8 күн бұрын
Comment ..? Je suis un débutant dans l'investissement cryptographique, pouvez-vous me guider sur la façon dont vous avez réalisé des bénéfices ?
@RatyZeelas
@RatyZeelas 8 күн бұрын
Merci à Mme Florence.
@RatyZeelas
@RatyZeelas 8 күн бұрын
Elle est une courtier agréée ici aux États-Unis
@AdamUzik-qu7vu
@AdamUzik-qu7vu 8 күн бұрын
OUI!!! C'est exactement son nom (Florence), tant de gens l'ont fortement recommandée et je commence tout juste avec elle 😊 de Brisbane en Australie🇦🇺
@MinhTháiTrần-o8i
@MinhTháiTrần-o8i Жыл бұрын
Thật sự cuối con đường kinh doanh hay con đường của khoảnh khắc cuộc đời, dù tiền ích hay nhiều, nếu có thể hiện nhân tâm tốt, làm được nhiều việc tốt đẹp cho bản thân cho xã hội đó là nhận thức đạo đức trí tuệ góp phần xây dựng nhân tâm lành mạnh cho thời đại văn minh thế giới nhân loại cũng là tài sản giá trị thừa kế cho thế hệ mai sau, cảm ơn video chia sẻ của bạn rất hay, chúc bạn sức khỏe và hạnh phúc.
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