People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
@donna_martins2 ай бұрын
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..
@Walter_hill_2 ай бұрын
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
@Trevor_Morrow_LTD2 ай бұрын
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
@Walter_hill_2 ай бұрын
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@catdaddy5192Ай бұрын
Captain Obvious!
@mc-kz8zn2 ай бұрын
Stephanie is awesome! She just tears apart government data to the point that it's embarrassing for them. Really appreciate this interview, def. have her back on after the US elections!
@mkoscik59082 ай бұрын
Stephanie Pomboy is one of the best Economists I have ever seen. She is even, non-plussed, factual and certain of her analysis. I am always looking for podcasts where she is a guest.
@bestvideos4ever12 ай бұрын
is that a dude?
@thanatu762 ай бұрын
Do you work for Stephanie? I have yet to meet an economist that is ever right.
@raakmore44432 ай бұрын
@@mkoscik5908She's one of the hottest economists around That's a fact like gold going up with inflation and money printing! Yeeehaw🤠
@jaykoval59572 ай бұрын
@@bestvideos4ever1Although the green tie and white shirt may be throwing you, that is a dude.
@cjb89932 ай бұрын
@@bestvideos4ever1 No, Alden is however. Stephanie is above your pay grade though.
@skydog60332 ай бұрын
Excellent debut! Please have Stephanie back sooner than later as she calls it like we all know we all see it - but with a tempered delivery that should definitely resonate with some portion of the hopelessly programmed…increasing the odds of a reasonably intelligent society increasing as a percentage by the margin.
@VelascoNunez2 ай бұрын
around this time I’m more attentive! Its just inevitable that there's going to be peaks and troughs in the graph of economic growth or prosperity, there's never going to be one underlying cause that connects them all, embrace the opportunity, make interest, cashing up on dips.
@timcoady70952 ай бұрын
If you are not too savvy with the market, it’s the best time! just buy and hold on strong companies or best you seek out areas within sectors that can help you sustain a balance in both growth and value overtime. In certain cases, it's even wiser to speak with a smartvestor to determine options best meant for you, I personally did this, and it works pretty well..
@VelascoNunez2 ай бұрын
Well Tim, my question is which stocks sectors should I consider adding to my individual fidelity, I intend to hold on for a decade or more.
@timcoady70952 ай бұрын
right now I’m being focused on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.
@timcoady70952 ай бұрын
add Gold and silver as well.
@VelascoNunez2 ай бұрын
I genuinely think we are going all chips soon, these are shrewd sectors, seems like a lot of your interest is riding on this, I could really use your viewpoint, get me involved.
@Lisa-w4u2 ай бұрын
I agree 100% with Stephanie, 15% cash, 65% phys gold, 10% phys silver, 10% paper gold (for liquidity). I've got $200k set aside to put in the market.
@Marilyn-xm7ts2 ай бұрын
truth is that gold serves as an inflation hedge in the long run, but not profitable in the short run. only thing you can predict is a strong effort of wealth transfer from the people to the powerful. luckily some folks find solution in financial advisors
@Evelina-v3u2 ай бұрын
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
@Tetsu-p3g2 ай бұрын
Could you kindly elaborate on the advisor's background and qualifications?
@Evelina-v3u2 ай бұрын
I don't know if I am permitted to go into details here, but mine is Jenienne Miniter Fagan and you could also look her up though I'm not so sure she's taking on new people atm.
@Muller-o4d2 ай бұрын
Thank you for this amazing tip. I just looked up Jenienne, wrote her explaining my financial market goals and scheduled a call
@downmid2 ай бұрын
She makes good sense. Have her back soon to discuss gold.
@dtrout2 ай бұрын
Stephanie always speaks in understandable terms yet makes it clear what data she is compiling and why it may not tell the whole story. My favorite guest on several platforms along with Michael Pento.....two truth tellers.
@PMackenzie-vw3wb2 ай бұрын
Should I be holding Gold or selling with the current market ?
@Muller-o4d2 ай бұрын
If you're not familiar with market investing tactics, you should get advice from a financial counselor.
@Mosley-vu7ff2 ай бұрын
Agreed, this is why i now work with one. I’ve been investing by myself in the market for 11 years now, but the last 6 years is with the help of a financial planner. Throughout the 6 years of guidance alone, I've been fortunate enough to 10x my return as a DIY investor, summing up nearly $1.4m roi as of today.
@PMackenzie-vw3wb2 ай бұрын
@@Mosley-vu7ff Pls do you mind leaving the info of your FA ?
@Mosley-vu7ff2 ай бұрын
Jenienne Miniter Fagan is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@simonwiltshire70892 ай бұрын
Scam thread
@faithsrvtrip87682 ай бұрын
Big fan of Ms. Pomboy. Total class act. I have zero debt and have been stacking cash, montthly for four years. I pay my CC balance in full, every month. Not everyone is broke. I have a positive net worth but I cut back my discretionary spending 3 years ago! I lost my 2nd house in 2011. First mortgage and HELOC couldn't pay both had to walk away. Couldn't sell it was impossible to sell once both loans were under water. People are going to learn the hard way, as I did.
@Marquez9192 ай бұрын
I'm mostly in cash and waiting for this market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $350k?
@RobbStonee2 ай бұрын
from studies, 90% of the time in an election year, the stock market stays positive for quite a long time. 2024 is no exemption, but it is better to be guided, ideally by a well experienced and licensed advisor
@Tipping-Point882 ай бұрын
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
@ScottStraw2 ай бұрын
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
@Tipping-Point882 ай бұрын
*Marissa Lynn Babula* is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@Tnks4cmin2 ай бұрын
such an eye-opener! curiously inputted her name on the web and at once spotted her consulting page, she seems highly professional from her resumé
@jwbnscacpt2 ай бұрын
Jeremy, you’re an excellent addition to the Kitco team. I can tell you are getting better and more comfortable with your new role. Great interview!
@CarlShanklin2 ай бұрын
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
@NatalieFormor2 ай бұрын
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
@annaj.osorio2 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
@DanielOrstein2 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 portfolio allocation
@annaj.osorio2 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.
@Robbertskypes2 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.
@BruceChavers2 ай бұрын
Aside from the financial insight, that blouse rocks Stephanie!
@5thdimension9542 ай бұрын
Totally gorgeous blouse.
@TexasRiverRat312542 ай бұрын
@@5thdimension954 Goes along really well with her eyes. 😘
@5thdimension9542 ай бұрын
@@TexasRiverRat31254 yes, she’s a beautiful woman and the blouse does accentuate her pretty eyes 👀
@KurtWittendorfer2 ай бұрын
Stephanie always brings value to the table. And she’s modest with all the gifts God gave her. Always refreshing, even when the outlook seems dismal.
@julianss32892 ай бұрын
Stephanie, eloquent, competent and honest - is one of the very few economists I would listen to these days!
@Nelson-v7x2 ай бұрын
Great guest, Jeremy! And, as always, you are looking dapper, alert, and interested. Haha. Keep up the good work! I enjoy your show. Thank you and your team at Kitco!
@tyraelhermosa2 ай бұрын
Great guest. I enjoyed this conversation a lot. She makes good points.
@BobbyLawblaw692 ай бұрын
Cash to buy the dip after the crash and gold to surge as a safe haven. Up 30% from most recent low of $1800
@mrlarry9992 ай бұрын
Good stuff here. My first time hearing from Stephanie. 👍🏼👍🏼
@marksteven35342 ай бұрын
"Guns, gold, and a getaway plan" - Gerald Celente
@GoldKingsMan2 ай бұрын
Getaway plan is .. now.
@kenporonin12 ай бұрын
A.K.A. Beans, Bullets and Bullion.....!
@Joyful-2132 ай бұрын
Get away to where?
@mennobaron9752 ай бұрын
And Goats 😁
@bv-zh6hy2 ай бұрын
Wife and kids???
@vivalosbitcoins82662 ай бұрын
I'm half in bullets half in gas
@wantonfuey12 ай бұрын
You’re an absolute nut
@Nelson-v7x2 ай бұрын
The New World needs Rick Grimes.
@wibuythehubforself-suffici67742 ай бұрын
Are you talking stocks
@HANZELVANDERLAAY2 ай бұрын
Sounds like a lynard Skynyrd song..give me back my bullets
@GoldKingsMan2 ай бұрын
@@Nelson-v7x Rick!!! Karll!!
@rhiannonskyeole2 ай бұрын
Stephanie talks truth to power...beautiful.🎉🎉🎉🎉❤
@photography-dx5dw2 ай бұрын
Great insight. Stephanie is spot on the fed policy trajectory. It will be interesting to get her view on post-elections economy.
@jaynawilliams89232 ай бұрын
I agree 100% with Stephanie, 15% cash, 65% phys gold, 10% phys silver, 10% paper gold (for liquidity).And THAT is my whole protfolio. All extra income goes to paper gold. Oh yeah, no effing debt.
@laarm8882 ай бұрын
Interested to know how long your allocations have been like that for?
@jaynawilliams89232 ай бұрын
@@laarm888 Well, I actually was pretty much like that with some other stocks and etfs mixed up in there,, but within the last few days, I have reallocated to my current one, and I am quite happy and relaxed about it, and will just keep adding to that, for now. I have about 7-8% physical silver. I am converting t-bills to paper gold (GLD) and might add some paper silver (SLV) at some point. The paper gold and silver is for liquidity, just hiding cash there).
@mrwolf7502 ай бұрын
I think Steph has been all in cash and gold for the last twenty years.
@jackgoldman12 ай бұрын
gold has outperformed stocks for the past 25 years by 100%. If you made $200,000 in stocks, would have been $400,000 in gold. Not a bad return.
@MrEthos72 ай бұрын
smart
@obijuan30042 ай бұрын
She has lost a lot of money if she is not in the market.
@pirahnalasagne2 ай бұрын
@@obijuan3004 What is this 'market' you speak of? There are hundreds, if not thousands of tickers to trade.
@jamesrodgers94172 ай бұрын
@@obijuan3004BS
@mrlarry9992 ай бұрын
Don’t forget about all of the hi tech layoffs paying $150,000 or more, with 6 months of severance pay. They cannot file for unemployment until the severance payments cease. Those people are applying for jobs that don’t exist. That’s another story. But no high tech companies are currently hiring. They post job openings to harvest resumes.
@MustangWriter2 ай бұрын
This is my introduction to Ms. Pomboy and I am totally onboard with her economic assessment. I appreciate how she (with grace mind you) completely vicerated the government data that is being pushed. I am looking forward to hearing more from this gracious yet succinct economist.
@joewarren4102 ай бұрын
TY for saying what was needed in just 20 minutes! As typical, liars figure, figures lie. Steph calls it like it is.
@pirahnalasagne2 ай бұрын
Thanks, Steph. Youre one of my favourite analysts.
@thinestboss19872 ай бұрын
This was very valuable 😊
@michaelgibbons2 ай бұрын
Great interview. Great analysis by SB.
@MrEthos72 ай бұрын
Good guest. Thanks for the show :)
@alastairstaunton70812 ай бұрын
Excellent interview. Note to Jeremy: it's exacerbate, not exasperate. Stephanie got it right.
@AnstettSkelly2 ай бұрын
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@MalcolmStewart-r8r2 ай бұрын
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@Ragtosina2 ай бұрын
Many thanks for the video. Everybody needs financial freedom. Let this be a thread for some more simple, reproducible approach from anyone who have build wealth. I have saved up $190k to get started.
@AlinaNitche2 ай бұрын
My success was largely based off of a single, simple approach (portfolio Management) but remember, investing is a journey, not a sprint - take your time, stay patient, and stay focused on your long-term goals.
@Griffinguardian2 ай бұрын
At the end of the day, there's no one particular way of bridging that gap. but starting to save early and investing in the financial markets can never go wrong. if I were to start over in 2024 with less than $50k I would still use the portfolio management play-book.
@user-nt-k912 ай бұрын
think you could suggest any professional/advisors i can get in touch with? i'm in dire need of proper portfolio allocation
@Griffinguardian2 ай бұрын
Melissa Elise Robinson is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment. >Wishing you all the best !
@user-567-ut2 ай бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@SUNNMANN1392 ай бұрын
Stephanie Pomboy has a very sharp analytical economic perspective. She pulls no punches. Just hard hitting facts that can't be denied.
@edwinpink50402 ай бұрын
Stephanie is great. There is none better on the economy.
@stevekamitsis13272 ай бұрын
Steve in Florida caught your video and enjoyed it thank you, this young lady did a good job of pointing out that basically customers went from a higher cost store to the lower Walmart, hence Walmart increase,and yes people are spent out.
@redryder86222 ай бұрын
Very good interview. What a great guest.
@waynefaulkner21802 ай бұрын
Stephanie, you are looking beautiful 😍 The big question we all have and West doesn't want to talk about it, is the BRICS new currency, the "Unit". What effect will the gold backed Unit have on the non-BRIC nations?
@kevinhoffman54832 ай бұрын
Love her. Thanks for having her on. I hope it becomes regular.
@pentagon1985Ай бұрын
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..
@izshaanrizwalАй бұрын
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who knows how much losses I would’ve had by now. Lol.
@Jonathan-hardwick95Ай бұрын
@@izshaanrizwal Lol, I lowkey I envy you, I am still trying to recover from losses I incurred in 2022/2023, Gold was my eye opener and since then I have been looking for worthwhile stocks. Who is this adviser you work with,I'm intrigued and could use some quality guidance.
@pentagon1985Ай бұрын
@@izshaanrizwal Wow, that’s impressive! I’m still working on bouncing back from some setbacks in 2021/2022. Would you be willing to share more about the kind of guidance or support you’ve found helpful for your investments? I’m curious and open to learning more.
@Dantanalicious2 ай бұрын
She has always been solid in her analysis.
@Aries612 ай бұрын
Stephanie is fabulous!! Love her!!! Thank you for having her on! 🙏👍
@kjax762 ай бұрын
When has there ever been a "soft landing?" Ever?
@stargazer50732 ай бұрын
She is correct! Smart lady.
@Eco_KAT2 ай бұрын
"Gold, ever the silent witness to our world’s shifting uncertainties and inflation's relentless advance, endures as a profound anchor in the tumultuous ebb of economic life. In the face of traditional systems faltering, it stands as an eternal testament to stability, a quiet sanctuary for those who seek refuge amidst the storm of investment."
@DanBreit-g1t2 ай бұрын
I like this woman. She is sharp with very good arguments for her positions.
@adamnealis2 ай бұрын
I took a long time to really come round to this way of thinking. It seems clear (need to back test) that parking cash in T bills has underperformed gold and/ or silver.
@lawLess-fs1qx2 ай бұрын
In 2014 A3 bed apartment was $100,000 across the road. My son was 12. The missus and I were joking saying if we could buy it for our son because it would treble by the time he was 25. $1000,000 was 83 ounces of gold in 2014. we decided to buy his deposit. 15% which was 12.45 ounces of gold. we bought 14 ounces of gold. Interestingly the same apartment is on the market today for 205,000 which is 5k more than 83 ounces of gold. No price appreciation in gold terms but double the price in fiat. By the time he is 25 gold should be 2700. He will have gold worth $40,000 for his deposit. The apartment should be around $250,000. His $210,00 mortgage will be covered if he rents the other 2 bedrooms out.
@kimmyj15122 ай бұрын
She drops hard hitting analytical bombs in a calm nurturing tone. Love💚💚💚 her. Thanks 🙏🏼
@generalstack65402 ай бұрын
She is 1/2 in beans and 1/2 in rice. She is worried about the apocalypse
@SandcastleDreams2 ай бұрын
Anybody not in a coma right now is preparing for that.
@Nelson-v7x2 ай бұрын
@@SandcastleDreams I'm 1/4 each in beans, rice, salt, and power generation to pump water out of the ground. 😂😂😂
@GoldKingsMan2 ай бұрын
And Pombears
@SandcastleDreams2 ай бұрын
@@Nelson-v7x We've got that covered, too! Also getting a multifuel generator that can cover the entire house including AC. I can't survive long with Temps above the 90's with the high humidity. Now, I bought an engine cooling fan that can run off solar of need be. Lady had a video where she used it to cool her greenhouse. That won't work during a hurricane. Got diesel heaters, and a fireplace, too.
@SandcastleDreams2 ай бұрын
@@Nelson-v7x Our Save A Lot Grocery store just went out of business! I'm still in shock over it. We walked in there today because they had some stuff on sale I wanted...walked through the door and the freezers were empty, the produce was empty...They actually had price tags on their freezers for sale.
@slaurie72 ай бұрын
We aren't being given the whole picture. Just the good bits and pieces..
@michaelbarker29662 ай бұрын
Stephanie gets hotter every year! ❤
@twx41842 ай бұрын
almost looks like AI clone
@rudeawakening38332 ай бұрын
I agree . Totally HOT !
@KurtWittendorfer2 ай бұрын
Credit card companies issued zero interest for 12-18 months (with an upfront 3% entrance fee), baited borrowing to new highs, then hit their little fish with 20-25% when the balance was difficult to pay back. Rich people, on the other hand, borrow when they get that special rate of 10 basis points per annum.
@jonathanmagic56332 ай бұрын
Great info thankyou from Australia.
@SaveManWoman2 ай бұрын
Hold on to Gold and cash only is correct. I saw 5-10 listings in my county in California and all of a sudden I woke up to 120 listings over night. WTF just happened ? Someone knows something.
@marcusbennemann2 ай бұрын
Why not Bitcoins ? Stefanie is a great analyst.
@metaljam71972 ай бұрын
Great content, Stephanie rocks! It's crazy to me that the government issues data based conclusions and then has massive revisions. I worked in high tech finance for 30 years, you only publish actuals when they are solid, and forecasts are never best case. I would have been fired if I operated like the Federal Government!
@theinflationsituation88702 ай бұрын
Ms. P is a legend! Thanks Szafron. 🥇🚀
@Genebaket2 ай бұрын
Am investing in the big three. Hookers, fine Whiskey, and valium.
@hawk43662 ай бұрын
Welcome to the show. I like it
@spaceshipmoon692 ай бұрын
She’s so awesome!
@MK7779-7 күн бұрын
Excellent advice , thank you
@Buddhist_Gnome2 ай бұрын
credit cards get wiped out in bankruptcy. makes me think i should have put my college degree on credit cards.
@gregm68012 ай бұрын
Pay back your own fn loan. Bankruptcy someone else pays for it !!! Wtf
@Buddhist_Gnome2 ай бұрын
@@gregm6801 Already paid back and then some but still not paid off...predatory lending at it's finest.
@digitalnate002 ай бұрын
Excellent takes. Xray vision.
@pdfull2 ай бұрын
I have a feeling the data is skewed. Too many revisions. Inflation is a joke. People are getting laid off and if not scraping by.
@DBro542 ай бұрын
Inflation is now under 3%
@Slick702 ай бұрын
@@DBro54you’re naïve if you believe that!
@ILLUMINATOR492 ай бұрын
Intelligent and eye catching top shelf 👍🙏
@ccaputa2 ай бұрын
Finally, someone who is honest and tells the truth!
@Jamesjerome02 ай бұрын
Loved every second of my watch to the very end. You are a great teacher. I’m 36 and own a small business with $380K in savings. But I'd still love to grow my investments ahead of retirement. Do you mentor others? Really need some guidance to financial freedom.
@GaryNicka2 ай бұрын
consider growth stocks! in the world of investing, they are the ferraris.. however you may need expert guidance to avoid any fiasco
@jonEmontana2 ай бұрын
Good to see you over on Kitco Stephanie! "Recession is here!" For sure. Cut down on doo dads out there in Vail!
@qtrhors12 ай бұрын
The numbers are lies.
@billnope78402 ай бұрын
Love Stephanie Pomgirl! 😉
@JohnDoe-ll9uh2 ай бұрын
Great guest
@Xylo582 ай бұрын
Cash and gold 👍
@CK-ie4hp2 ай бұрын
Stephanie is great
@SlimFatman2 ай бұрын
Fabulous guest. Hard to agree with her more.
@sewnsew67702 ай бұрын
We have two economies One for top 10 percent Other for lower 90 percent So lower 90 percent are having recession
@garrettpatten63122 ай бұрын
Unfortunately it is all one big globalized mess of an economy, we would actually be wise to form an economy that is seperate from "theirs".
@garrettpatten63122 ай бұрын
Ironically if the 90% saved more the top 10% would have a crash
@sewnsew67702 ай бұрын
@@garrettpatten6312 ya that’s the danger
@Spacenow8692 ай бұрын
Does anyone adds number of people being laid off from mega stores which are closing up in hundreds
@stevem93932 ай бұрын
"Moral hazard" forgiving student loan debt? How about the GROSS moral hazard of the last 40 yrs where the government has issued one massive tax credit after another to the wealthiest corporations & people who in return were supposed to create "10's of millions" of good paying middle class American jobs. Instead, as we now know, they bought back shares of their stock while shipping our jobs to Mexico, China, et al.
@raesmart33052 ай бұрын
Empty office buildings with defaults and sold at 10 cents on the dollar
@Plant-Free_RN2 ай бұрын
Stephanie is not in on Bitcoin?
@supersteve83052 ай бұрын
It was funny they celebrated people down spending at Walmart. Credit card debt at all time high. repossession of vehicles at all time high. Such great news. SMH. Just bizarre.
@Eli-qr9hc2 ай бұрын
I’m adding cash and waiting for mid September or 1 of October for BRICS to announce their gold backing system then I’m stacking more Precious Metals
@nathancasey33912 ай бұрын
Been all cash gold and silver before covid. Im way ahead. 😮
@KurtWittendorfer2 ай бұрын
3 part time job without benefits. Maybe higher retail sales are more price oriented with an actual decrease in volume?
@citizeng79592 ай бұрын
You cannot have moral hazard in an immoral society.
@Life_with_Darnell2 ай бұрын
What would happen to the market if there’s no rate cut in September 😅?
@Joeblow492 ай бұрын
Stephanie is the real deal
@drock4302 ай бұрын
How so? Cash and gold is a losers bet
@afterdark68222 ай бұрын
Jeremy has been hitting it out of the park since David left.
@vancoker-t6z2 ай бұрын
Just made a home sale sitting on $545K equity, not sure where to go from here. Is it a good time to buy into stocks or do I stay 100% cash?
@raesmart33052 ай бұрын
Wait …..
@davecollins19982 ай бұрын
Excellent!!!
@jeromedodson51782 ай бұрын
I have been all in cash and gold for the last two years or more.
@taranjitsingh27142 ай бұрын
Best book on this situation of masking data with averages: The Flaw of Averages.
@MuhammadAfzal-if9kz2 ай бұрын
Will gold come down r will go up on thursday???
@argusc33102 ай бұрын
Gold I understand…but what are you calling “cash”? Fiat dollars?
@garrettpatten63122 ай бұрын
I think there are a lot of people who consider short term t bills cash as well.
@ClownXmachina2 ай бұрын
prob short dur treasuries ?
@_JimmyBeGood2 ай бұрын
Treasuries
@adamnealis2 ай бұрын
Treasuries because they are so liquid, and ordinary citizens have cheap access to buying and selling them
@GoldenDiamondBalls2 ай бұрын
Keep your cash and gold I'm all in in Bitcoin and crypto💯
@Genebaket2 ай бұрын
I don’t know, the guy looks like a game show host on TV
@VP-km1ru2 ай бұрын
more like Mcauley Culkin...i was waiting for him to put his hands on his cheeks and scream
@sarwarkhan11852 ай бұрын
And why I don’t Care About the markets any more. It’s the debt . Just keep buying Assets with Less taxation and you will be better off
@jean-francoiskener60362 ай бұрын
That's me right now: cash and gold. Literally. Not even treasuries or crypto.