GOLD & Government Blunders - 40 Years of PAIN Ahead | Dave Collum

Dave Collum correctly called the Dot.com Bubble back in 1999, now he is worried about the state of the market again! Insane economic policies, deficit spending, and skyrocketing debt are clear warning signs. Also, the gold price has exploded recently - Dave predicts 40 years of financial market pain ahead. An interesting and a bit of different conversation with Dave! Enjoy!
#gold #marketcrash #economy
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Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: bit.ly/BUYGoldSilver
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Guest: Dave Collum
Company: Cornell University
𝕏 @DavidBCollum
Recording date: April 19th, 2024
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DEUTSCHE GOLDMESSE
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Twitter: / soarfinancial
Website: www.soarfinancial.com/
Chapters & Timecodes (AI generated)
00:00 Intro
00:00:01 Economic Overview and Governance Commentary
00:01:06 Channel Introduction and Acknowledgments
00:02:10 Guest Introduction and Background
00:03:35 Detailed Analysis of Current Economic and Political Conditions
00:05:14 Financial Markets and Economic Predictions
00:07:14 Government Spending, Policies, and Their Economic Impacts
00:09:00 Business Dynamics and Market Analysis
00:10:03 Wage Disparities and Inflation Discussions
00:11:03 Technological Impacts and Modern Industry Valuations
00:13:09 Artificial Intelligence and Its Role in Productivity
00:15:05 Healthcare and Its Economic Implications
00:17:11 Geopolitical Risks and Global Economic Trends
00:19:02 Future Economic Challenges and Unfunded Liabilities
00:21:09 Bond Market Trends and Financial Market Predictions
00:23:27 Investment Strategies and Commodity Insights
00:25:00 Economic Lessons from History and Current Policy Implications
00:27:16 Social and Economic Effects of Inflation
00:29:17 Gold Market Dynamics and Price Analysis
00:31:08 Global Political Dynamics and Perceptions
00:33:10 Trust and Credibility of Global and National Institutions
00:35:09 Predicting Political Outcomes and Market Responses
00:37:25 Historical Economic Resolutions and Modern Implications
00:39:57 Future Economic Outlooks and Final Thoughts
00:41:03 Wrap-Up and Concluding Remarks
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#USEconomy #Economy #SP500 #SP5000 #stockmarket #stocks #tedoakley #investing #money #gold #soarfinancially #marketcrash #recession #inflation #bonds #bondmarket #bondauction #usbonds #consumerdebt #FED #goldprice #goldinvestment #investments #money #savings #bankingcrisis #bullmarket #bulltrap #mag7 #nvidia #tesla #microsoft #apple #aapl #msft #alphabet #googl #amazon #amzn #nvda #meta #tsla #zerohedge #silver #silverprice #silvermarket #marketbubble #fomc

[@grantw7946]

Dave Collum - 5 star Interview !!!!!

[@anneerickson6347]

Dave is 100% correct. Love hearing his perspective. 🇺🇸

[@scottmartin1845]

This must have been recorded before yesterday’s announcement from US Treasury, bond redemptions will be purchased by Fed to provide market liquidity. 😂

[@pstut1960]

Dave is always GREAT!

[@Christian-wb4ke]

David is 100 % correct. Very smart and full of insight. Would love to have a real conversation with him. I have been following him for 4y now.

[@joelguth1520]

Thank you Gentlemen for the great interview.

[@johnvanblaricome2452]

I don't hear much about the infrastructure like roads and bridges that are crumbling. Soon in my town you are going to need a 4 wheel drive just to get around. Now they want us to drive Electric cars and trucks that weigh twice as much. When these people come up with an idea they always leave something major out. Is anybody considering this? I am just an Iowa farm boy and it is pretty obvious to me. It is all going to fall apart anyway.

[@cameronmilne5319]

Everybody needs to be dragged out of their comfort zone and decide where they stand on so many important and history defining matters. Thanks gentlemen

[@auntiefiat9769]

I really cannot find anything to disagree with Dave on. My brother from another mother.

[@barbieturner3251]

This fellow nailed the geopolitics 👍

[@user-vj9nz9cj4x]

Kai thanks for all you do to help us understand what's happening in world economics and so much more 😊

[@ddprepper5227]

Excellent report 💯

[@edwardmarcetic9874]

Listening to Dave is always a treat!!

[@leoshakriventsov5507]

Dave is awesome

[@glenndallaire3449]

Very informative and interesting conversation. Thank you gentlemen.

[@SoarFinancially]

Our pleasure! Thanks for tuning in.

[@cc2832]

Mining companies are getting big government grants as well. For efficiency and EV stuff.

[@m777axy]

Great show

[@jayneweaver8695]

Great guest! Sat and listened to entire conversation, excellent questions, brilliant to let professor Collum talk. Thank you 🙏 for all of us.

[@SoarFinancially]

Thanks for listening 🙏

[@Alexander-Bunyip]

55mins...wow, that went quickly

[@user-pr6fd4gp2f]

Great interview.Many thanks .Sadly Thinking Dave spot on .

[@SoarFinancially]

You are welcome. Thanks for tuning in. Dont forget to subscribe :)

[@gastUCR]

Wage inflation is not a result of productivity.

[@TheWealthandhealth]

Great true interview

[@federicocapitani8490]

So meaningful, thank you

[@firedudeW]

Fantastic mind stretching conversation. Thanks

[@clarencehoover6748]

19:25 What Dave is describing is the intractable issue of unpayable debt. We are past the point of “fixing” the US debt/currency crisis. Default is the only outcome, whether implemented honestly or via inflation subterfuge. Every corporation and every currency has a finite life. The wall approaches. What’s coming won’t be like “last time.” Expect the default and resolution of the debt of the United Stated Corporation (and other sovereign states). Sound radical? Get your popcorn and strap in friends.

[@stephenburnage7687]

Default is not the only way out. Inflation is the other route out.

[@l.a.mottern3106]

War is another way of Defaulting.

[@livinthedream7714]

Excellent shit

[@stephenburnage7687]

Dave is 100% correct. We need to rethink the value of GDP as a measure. As its currently constructed, GDP is not a meaningful measure of wealth.

[@dwardodwardo643]

Just the start of a good conversation. Good points, bad points. An even panel with folks speaking truth could help us find the way forward.

[@michaelnelson2970]

Tell him to run for president .

[@BatmanBoss]

Thanks

[@Popnpoff]

Excellent

[@franksinatra1070]

Spot on as usual Dave. Why don't you run for president?

[@BV-fr8bf]

Thanks Kai! Great interview

[@SoarFinancially]

Thanks for watching - much appreciated.

[@bruceposch1449]

We really are in Oz and we can't get home by clicking our heels...this is not a bad dream

[@chadsiewert893]

Dave never challenged my comfort zone.

[@markusfrey4256]

...one of the few wise professors - unfortunately.

[@ACzechManGoingHisOwnWay]

Not sure if the guest understands, how culturally sensitive and politically incorrect some of the topics he brought up are for a German. I had a good laugh. :D

[@chaunceyhart1346]

Dropping some major red pills in the last 10 minutes there. Great guest.

[@auntiefiat9769]

But Dave...only us boomers wear tube socks! LOL

[@jeffsurfanderson]

I would love to see some retribution for the corrupt wrongdoings of the democratic party I mean the uni party

[@hans614]

Kai, Dave, both of you guys rock

[@erskerbobbles]

Dave!

[@deehendon4204]

Both are pretty accurate. Seems too high but the facts are what they are.

[@caseyrindal1815]

Inflation is used to break anyone or any country that is tied to the currency that is forced to use said currency

[@povarful]

I won't miss magnificent 7 at all. They need to go!

[@user-dl7mq6uz3u]

I was told a few years ago: by the end of 2024, you wont recognize the world anymore…. The person was definitely right

[@lilythedog9734]

Your intro is wildly loud. Level the audio.

[@ALANGREENSPAN420]

🚨SILENT🚨DEPRESSION🚨

[@kgutie02]

Thanks! Your video calms me down everyday, Gold has long been hailed as a store of value and a hedge against economic uncertainty, cryptocurrencies offer a new paradigm of digital scarcity, decentralization, and disruptive potential. From Bitcoin to Ethereum and beyond, these digital assets are rewriting the rules of finance, captivating investors with their unprecedented growth and innovation..managed to grow a nest egg of around 7.2Biitcoin to a decent 26.4Biitcoin. At the heart of this evolution is Francine Duguay, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment....

[@Lisafinth]

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

[@AndersomDamasceno]

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

[@Jocelyn.339]

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

[@DougDuhart-do6oi]

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

[@Regina-Murphy]

It really helped trading with Francine Duguay analysis and info, even with the market in a downward trend. Definitely riding the market wave is a good perspective..

[@anlatak]

The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. It's obvious we are neck dip on inflation,it is always the poor who take the hit.

[@Hofkins]

I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Caroline. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.

[@mehditaba6303]

There is wage inflation It is only inflation and that is excess expansion of money supplies. Wheel and axel were AI and millions lost their job.

[@CD62XX]

INVESTING RULE NO.1: You can be 10 years early but not 1 Second late.

[@vincentyeo88]

When in doubt, get out. Also, when in doubt, stay out. -- Not financial advice.

[@nevillokapi3617]

Stack PLATINUM,PALADIUM,RODIUM 🙏🙏🙏💕💕

[@dannygonzales7923]

YOU BEEN LOOTED BY THE RICH VIA FIAT !!! SO DONT BE FOOLED !!! JUST KEEP DUMPING THAT DOLLAR DEAR WORLD !! LET THE EMPIRE EAT ITSELF !!!!!!!!!!!!!!!!!!!!!!

[@stephenburnage7687]

$1.4 million (per household) of unfunded liabilities just for medicare? Wow.

[@user-dl7mq6uz3u]

Everything we have known is dying….

[@ALANGREENSPAN420]

🚨BANK🚨RUN🚨SEASON🚨

[@issenvan1050]

P.s. Humans do not create.

[@thorstentrapp274]

Dave is talking like if Germany was sovereign. Kai has no clue about Germany either. His reaction was pretty silly when asked by Dave about the way Germany dealt with the refugee crisis.

[@sebastienloyer9471]

😮

[@justpete2748]

Pffffh …. He’s been waiting 43 years for the markets to be cheap!?!??? Surely at some point you say your valuation metrics aren’t working for you.

[@marcritchie4968]

Eaten twice because he was tastey and they had seconds, then made a noise like Anthony Hopkins talking about a nice chianti

[@ALANGREENSPAN420]

🍄STACK🥬SEEDS🍄GROW🥬GARDENS🍄

[@freedom4all581]

Hasn't been through a crisis yet!?!?!?! So he's never heard of hyperinflation in Weimar Germany? Or any of the other hyperinflation countries.

[@freedom4all581]

Can anybody tell me if he was referring to bitcoin because I thought he was referring to gold

[@stephenburnage7687]

It's clear that he was saying that Bitcoin has not yet been through a crisis. He specifically said that Bitcoin was not established in 2008, so that was not a test.

[@ALANGREENSPAN420]

💩NETFLIX/META/NVIDIA/APPLE💩

[@gaspardfigueroa]

I know nothing about trading /investment and I'm keen on getting started. What are some strategies to get started with?

[@SC-4rqub]

As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant

[@SC-4rqub]

Mrs Nancy Williams Laplace

[@-vv3rv]

Nancy is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.

[@gaspardfigueroa]

Please how can I reach her?

[@SC-4rqub]

She's mostly on Telegrams, using the user name

[@coryhilleboe6938]

Why does everyone keep calling this AI technology we haven't given it consciousness we have question and answer technology trial and error at the fastest computing pace possible I don't understand it's not artificial intelligence it has no intelligence we can find it😊

[@coryhilleboe6938]

Also this technology has been here since 2000 there's nothing new melt up FOMO

[@Popnpoff]

✨️🇺🇸👍

[@henrypadilla7571]

AI is the a latest thing we have invented to deceive ourselves. Clever monkeys.

[@fatfatthewaterrat5010]

Dave’s as terrible a market prognosticator as Pater Schiff is

[@majorpayne8373]

He's actually quite good at calling macro trends. Schiff is a broken record however...

[@lepton31415]

you are joking right? with gold at all time record highs and stonks dead ? lol. I'm so glad I listened to Peter.

[@davebrewer7170]

I’d trust comments from Dave before you, so ….

[@user-ox7dp5md5n]

Dave Collum 'Bubble Boy', annoying guy

[@JP-cl4hh]

Most boring show

[@paulkieffer1189]

No pain for me. I have bitcoin. Get some

[@peterfrohwein4961]

Everyone on earth will experience some lever pain from the coming storm. There will be no completely save place to hide. But some counties will be safer and freer than others. If you have bitcoin, but live in an unsafe country, then the bitcoin will do you little or no good.

[@majorpayne8373]

Wait till the grid goes down. Bitcoin is a speculative play. Not a store of wealth.

[@rogerburn5132]

Sorry I have Gold and Silver. Good luck using Bitcoin without electricity. and don't put Bitcoin in your pocket 😂

[@petsatcom]

The question to ask is How does it benefit society? AI facebook Google And we make nothing,---- all gone to low cost labor markets China, Vietnam, Mexico et al . Our People move to low wage jobs, fast food, services Healthcare, Nursing Homes, Drug rehab it goes on and on---- no production producing nothing. Massive unproductive activities, A Massivly complex TAX system, employing 100,000 people, accountants, lawers etc. producing nothing.

[@ALANGREENSPAN420]

🪙STACK🪙SILVER🪙GATHER🪙GOLD🪙