Markets Are ‘Coming Unglued’: Why I’m All In on Cash and Gold- Stephanie Pomboy

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Kitco NEWS

Kitco NEWS

Күн бұрын

Пікірлер: 387
@oneillbilder
@oneillbilder 2 ай бұрын
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_martins
@donna_martins 2 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_
@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_LTD
@Trevor_Morrow_LTD 2 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_
@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.
@catdaddy5192
@catdaddy5192 Ай бұрын
Captain Obvious!
@mc-kz8zn
@mc-kz8zn 2 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!
@mkoscik5908
@mkoscik5908 2 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.
@bestvideos4ever1
@bestvideos4ever1 2 ай бұрын
is that a dude?
@thanatu76
@thanatu76 2 ай бұрын
Do you work for Stephanie? I have yet to meet an economist that is ever right.
@raakmore4443
@raakmore4443 2 ай бұрын
@@mkoscik5908She's one of the hottest economists around That's a fact like gold going up with inflation and money printing! Yeeehaw🤠
@jaykoval5957
@jaykoval5957 2 ай бұрын
@@bestvideos4ever1Although the green tie and white shirt may be throwing you, that is a dude.
@cjb8993
@cjb8993 2 ай бұрын
@@bestvideos4ever1 No, Alden is however. Stephanie is above your pay grade though.
@skydog6033
@skydog6033 2 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.
@VelascoNunez
@VelascoNunez 2 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.
@timcoady7095
@timcoady7095 2 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..
@VelascoNunez
@VelascoNunez 2 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.
@timcoady7095
@timcoady7095 2 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.
@timcoady7095
@timcoady7095 2 ай бұрын
add Gold and silver as well.
@VelascoNunez
@VelascoNunez 2 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-w4u
@Lisa-w4u 2 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-xm7ts
@Marilyn-xm7ts 2 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-v3u
@Evelina-v3u 2 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-p3g
@Tetsu-p3g 2 ай бұрын
Could you kindly elaborate on the advisor's background and qualifications?
@Evelina-v3u
@Evelina-v3u 2 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-o4d
@Muller-o4d 2 ай бұрын
Thank you for this amazing tip. I just looked up Jenienne, wrote her explaining my financial market goals and scheduled a call
@downmid
@downmid 2 ай бұрын
She makes good sense. Have her back soon to discuss gold.
@dtrout
@dtrout 2 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-vw3wb
@PMackenzie-vw3wb 2 ай бұрын
Should I be holding Gold or selling with the current market ?
@Muller-o4d
@Muller-o4d 2 ай бұрын
If you're not familiar with market investing tactics, you should get advice from a financial counselor.
@Mosley-vu7ff
@Mosley-vu7ff 2 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-vw3wb
@PMackenzie-vw3wb 2 ай бұрын
@@Mosley-vu7ff Pls do you mind leaving the info of your FA ?
@Mosley-vu7ff
@Mosley-vu7ff 2 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.
@simonwiltshire7089
@simonwiltshire7089 2 ай бұрын
Scam thread
@faithsrvtrip8768
@faithsrvtrip8768 2 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.
@Marquez919
@Marquez919 2 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?
@RobbStonee
@RobbStonee 2 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-Point88
@Tipping-Point88 2 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.
@ScottStraw
@ScottStraw 2 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-Point88
@Tipping-Point88 2 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.
@Tnks4cmin
@Tnks4cmin 2 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
@jwbnscacpt
@jwbnscacpt 2 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!
@CarlShanklin
@CarlShanklin 2 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.
@NatalieFormor
@NatalieFormor 2 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.osorio
@annaj.osorio 2 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 2 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.osorio
@annaj.osorio 2 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.
@Robbertskypes
@Robbertskypes 2 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.
@BruceChavers
@BruceChavers 2 ай бұрын
Aside from the financial insight, that blouse rocks Stephanie!
@5thdimension954
@5thdimension954 2 ай бұрын
Totally gorgeous blouse.
@TexasRiverRat31254
@TexasRiverRat31254 2 ай бұрын
@@5thdimension954 Goes along really well with her eyes. 😘
@5thdimension954
@5thdimension954 2 ай бұрын
@@TexasRiverRat31254 yes, she’s a beautiful woman and the blouse does accentuate her pretty eyes 👀
@KurtWittendorfer
@KurtWittendorfer 2 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.
@julianss3289
@julianss3289 2 ай бұрын
Stephanie, eloquent, competent and honest - is one of the very few economists I would listen to these days!
@Nelson-v7x
@Nelson-v7x 2 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!
@tyraelhermosa
@tyraelhermosa 2 ай бұрын
Great guest. I enjoyed this conversation a lot. She makes good points.
@BobbyLawblaw69
@BobbyLawblaw69 2 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
@mrlarry999
@mrlarry999 2 ай бұрын
Good stuff here. My first time hearing from Stephanie. 👍🏼👍🏼
@marksteven3534
@marksteven3534 2 ай бұрын
"Guns, gold, and a getaway plan" - Gerald Celente
@GoldKingsMan
@GoldKingsMan 2 ай бұрын
Getaway plan is .. now.
@kenporonin1
@kenporonin1 2 ай бұрын
A.K.A. Beans, Bullets and Bullion.....!
@Joyful-213
@Joyful-213 2 ай бұрын
Get away to where?
@mennobaron975
@mennobaron975 2 ай бұрын
And Goats 😁
@bv-zh6hy
@bv-zh6hy 2 ай бұрын
Wife and kids???
@vivalosbitcoins8266
@vivalosbitcoins8266 2 ай бұрын
I'm half in bullets half in gas
@wantonfuey1
@wantonfuey1 2 ай бұрын
You’re an absolute nut
@Nelson-v7x
@Nelson-v7x 2 ай бұрын
The New World needs Rick Grimes.
@wibuythehubforself-suffici6774
@wibuythehubforself-suffici6774 2 ай бұрын
Are you talking stocks
@HANZELVANDERLAAY
@HANZELVANDERLAAY 2 ай бұрын
Sounds like a lynard Skynyrd song..give me back my bullets
@GoldKingsMan
@GoldKingsMan 2 ай бұрын
@@Nelson-v7x Rick!!! Karll!!
@rhiannonskyeole
@rhiannonskyeole 2 ай бұрын
Stephanie talks truth to power...beautiful.🎉🎉🎉🎉❤
@photography-dx5dw
@photography-dx5dw 2 ай бұрын
Great insight. Stephanie is spot on the fed policy trajectory. It will be interesting to get her view on post-elections economy.
@jaynawilliams8923
@jaynawilliams8923 2 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.
@laarm888
@laarm888 2 ай бұрын
Interested to know how long your allocations have been like that for?
@jaynawilliams8923
@jaynawilliams8923 2 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).
@mrwolf750
@mrwolf750 2 ай бұрын
I think Steph has been all in cash and gold for the last twenty years.
@jackgoldman1
@jackgoldman1 2 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.
@MrEthos7
@MrEthos7 2 ай бұрын
smart
@obijuan3004
@obijuan3004 2 ай бұрын
She has lost a lot of money if she is not in the market.
@pirahnalasagne
@pirahnalasagne 2 ай бұрын
​@@obijuan3004 What is this 'market' you speak of? There are hundreds, if not thousands of tickers to trade.
@jamesrodgers9417
@jamesrodgers9417 2 ай бұрын
@@obijuan3004BS
@mrlarry999
@mrlarry999 2 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.
@MustangWriter
@MustangWriter 2 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.
@joewarren410
@joewarren410 2 ай бұрын
TY for saying what was needed in just 20 minutes! As typical, liars figure, figures lie. Steph calls it like it is.
@pirahnalasagne
@pirahnalasagne 2 ай бұрын
Thanks, Steph. Youre one of my favourite analysts.
@thinestboss1987
@thinestboss1987 2 ай бұрын
This was very valuable 😊
@michaelgibbons
@michaelgibbons 2 ай бұрын
Great interview. Great analysis by SB.
@MrEthos7
@MrEthos7 2 ай бұрын
Good guest. Thanks for the show :)
@alastairstaunton7081
@alastairstaunton7081 2 ай бұрын
Excellent interview. Note to Jeremy: it's exacerbate, not exasperate. Stephanie got it right.
@AnstettSkelly
@AnstettSkelly 2 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-r8r
@MalcolmStewart-r8r 2 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.
@Ragtosina
@Ragtosina 2 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.
@AlinaNitche
@AlinaNitche 2 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.
@Griffinguardian
@Griffinguardian 2 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-k91
@user-nt-k91 2 ай бұрын
think you could suggest any professional/advisors i can get in touch with? i'm in dire need of proper portfolio allocation
@Griffinguardian
@Griffinguardian 2 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-ut
@user-567-ut 2 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.
@SUNNMANN139
@SUNNMANN139 2 ай бұрын
Stephanie Pomboy has a very sharp analytical economic perspective. She pulls no punches. Just hard hitting facts that can't be denied.
@edwinpink5040
@edwinpink5040 2 ай бұрын
Stephanie is great. There is none better on the economy.
@stevekamitsis1327
@stevekamitsis1327 2 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.
@redryder8622
@redryder8622 2 ай бұрын
Very good interview. What a great guest.
@waynefaulkner2180
@waynefaulkner2180 2 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?
@kevinhoffman5483
@kevinhoffman5483 2 ай бұрын
Love her. Thanks for having her on. I hope it becomes regular.
@pentagon1985
@pentagon1985 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..
@izshaanrizwal
@izshaanrizwal 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 knows how much losses I would’ve had by now. Lol.
@Jonathan-hardwick95
@Jonathan-hardwick95 Ай 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.
@pentagon1985
@pentagon1985 Ай 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.
@Dantanalicious
@Dantanalicious 2 ай бұрын
She has always been solid in her analysis.
@Aries61
@Aries61 2 ай бұрын
Stephanie is fabulous!! Love her!!! Thank you for having her on! 🙏👍
@kjax76
@kjax76 2 ай бұрын
When has there ever been a "soft landing?" Ever?
@stargazer5073
@stargazer5073 2 ай бұрын
She is correct! Smart lady.
@Eco_KAT
@Eco_KAT 2 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-g1t
@DanBreit-g1t 2 ай бұрын
I like this woman. She is sharp with very good arguments for her positions.
@adamnealis
@adamnealis 2 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-fs1qx
@lawLess-fs1qx 2 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.
@kimmyj1512
@kimmyj1512 2 ай бұрын
She drops hard hitting analytical bombs in a calm nurturing tone. Love💚💚💚 her. Thanks 🙏🏼
@generalstack6540
@generalstack6540 2 ай бұрын
She is 1/2 in beans and 1/2 in rice. She is worried about the apocalypse
@SandcastleDreams
@SandcastleDreams 2 ай бұрын
Anybody not in a coma right now is preparing for that.
@Nelson-v7x
@Nelson-v7x 2 ай бұрын
​@@SandcastleDreams I'm 1/4 each in beans, rice, salt, and power generation to pump water out of the ground. 😂😂😂
@GoldKingsMan
@GoldKingsMan 2 ай бұрын
And Pombears
@SandcastleDreams
@SandcastleDreams 2 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.
@SandcastleDreams
@SandcastleDreams 2 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.
@slaurie7
@slaurie7 2 ай бұрын
We aren't being given the whole picture. Just the good bits and pieces..
@michaelbarker2966
@michaelbarker2966 2 ай бұрын
Stephanie gets hotter every year! ❤
@twx4184
@twx4184 2 ай бұрын
almost looks like AI clone
@rudeawakening3833
@rudeawakening3833 2 ай бұрын
I agree . Totally HOT !
@KurtWittendorfer
@KurtWittendorfer 2 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.
@jonathanmagic5633
@jonathanmagic5633 2 ай бұрын
Great info thankyou from Australia.
@SaveManWoman
@SaveManWoman 2 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.
@marcusbennemann
@marcusbennemann 2 ай бұрын
Why not Bitcoins ? Stefanie is a great analyst.
@metaljam7197
@metaljam7197 2 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!
@theinflationsituation8870
@theinflationsituation8870 2 ай бұрын
Ms. P is a legend! Thanks Szafron. 🥇🚀
@Genebaket
@Genebaket 2 ай бұрын
Am investing in the big three. Hookers, fine Whiskey, and valium.
@hawk4366
@hawk4366 2 ай бұрын
Welcome to the show. I like it
@spaceshipmoon69
@spaceshipmoon69 2 ай бұрын
She’s so awesome!
@MK7779-
@MK7779- 7 күн бұрын
Excellent advice , thank you
@Buddhist_Gnome
@Buddhist_Gnome 2 ай бұрын
credit cards get wiped out in bankruptcy. makes me think i should have put my college degree on credit cards.
@gregm6801
@gregm6801 2 ай бұрын
Pay back your own fn loan. Bankruptcy someone else pays for it !!! Wtf
@Buddhist_Gnome
@Buddhist_Gnome 2 ай бұрын
@@gregm6801 Already paid back and then some but still not paid off...predatory lending at it's finest.
@digitalnate00
@digitalnate00 2 ай бұрын
Excellent takes. Xray vision.
@pdfull
@pdfull 2 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.
@DBro54
@DBro54 2 ай бұрын
Inflation is now under 3%
@Slick70
@Slick70 2 ай бұрын
@@DBro54you’re naïve if you believe that!
@ILLUMINATOR49
@ILLUMINATOR49 2 ай бұрын
Intelligent and eye catching top shelf 👍🙏
@ccaputa
@ccaputa 2 ай бұрын
Finally, someone who is honest and tells the truth!
@Jamesjerome0
@Jamesjerome0 2 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.
@GaryNicka
@GaryNicka 2 ай бұрын
consider growth stocks! in the world of investing, they are the ferraris.. however you may need expert guidance to avoid any fiasco
@jonEmontana
@jonEmontana 2 ай бұрын
Good to see you over on Kitco Stephanie! "Recession is here!" For sure. Cut down on doo dads out there in Vail!
@qtrhors1
@qtrhors1 2 ай бұрын
The numbers are lies.
@billnope7840
@billnope7840 2 ай бұрын
Love Stephanie Pomgirl! 😉
@JohnDoe-ll9uh
@JohnDoe-ll9uh 2 ай бұрын
Great guest
@Xylo58
@Xylo58 2 ай бұрын
Cash and gold 👍
@CK-ie4hp
@CK-ie4hp 2 ай бұрын
Stephanie is great
@SlimFatman
@SlimFatman 2 ай бұрын
Fabulous guest. Hard to agree with her more.
@sewnsew6770
@sewnsew6770 2 ай бұрын
We have two economies One for top 10 percent Other for lower 90 percent So lower 90 percent are having recession
@garrettpatten6312
@garrettpatten6312 2 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".
@garrettpatten6312
@garrettpatten6312 2 ай бұрын
Ironically if the 90% saved more the top 10% would have a crash
@sewnsew6770
@sewnsew6770 2 ай бұрын
@@garrettpatten6312 ya that’s the danger
@Spacenow869
@Spacenow869 2 ай бұрын
Does anyone adds number of people being laid off from mega stores which are closing up in hundreds
@stevem9393
@stevem9393 2 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.
@raesmart3305
@raesmart3305 2 ай бұрын
Empty office buildings with defaults and sold at 10 cents on the dollar
@Plant-Free_RN
@Plant-Free_RN 2 ай бұрын
Stephanie is not in on Bitcoin?
@supersteve8305
@supersteve8305 2 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-qr9hc
@Eli-qr9hc 2 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
@nathancasey3391
@nathancasey3391 2 ай бұрын
Been all cash gold and silver before covid. Im way ahead. 😮
@KurtWittendorfer
@KurtWittendorfer 2 ай бұрын
3 part time job without benefits. Maybe higher retail sales are more price oriented with an actual decrease in volume?
@citizeng7959
@citizeng7959 2 ай бұрын
You cannot have moral hazard in an immoral society.
@Life_with_Darnell
@Life_with_Darnell 2 ай бұрын
What would happen to the market if there’s no rate cut in September 😅?
@Joeblow49
@Joeblow49 2 ай бұрын
Stephanie is the real deal
@drock430
@drock430 2 ай бұрын
How so? Cash and gold is a losers bet
@afterdark6822
@afterdark6822 2 ай бұрын
Jeremy has been hitting it out of the park since David left.
@vancoker-t6z
@vancoker-t6z 2 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?
@raesmart3305
@raesmart3305 2 ай бұрын
Wait …..
@davecollins1998
@davecollins1998 2 ай бұрын
Excellent!!!
@jeromedodson5178
@jeromedodson5178 2 ай бұрын
I have been all in cash and gold for the last two years or more.
@taranjitsingh2714
@taranjitsingh2714 2 ай бұрын
Best book on this situation of masking data with averages: The Flaw of Averages.
@MuhammadAfzal-if9kz
@MuhammadAfzal-if9kz 2 ай бұрын
Will gold come down r will go up on thursday???
@argusc3310
@argusc3310 2 ай бұрын
Gold I understand…but what are you calling “cash”? Fiat dollars?
@garrettpatten6312
@garrettpatten6312 2 ай бұрын
I think there are a lot of people who consider short term t bills cash as well.
@ClownXmachina
@ClownXmachina 2 ай бұрын
prob short dur treasuries ?
@_JimmyBeGood
@_JimmyBeGood 2 ай бұрын
Treasuries
@adamnealis
@adamnealis 2 ай бұрын
Treasuries because they are so liquid, and ordinary citizens have cheap access to buying and selling them
@GoldenDiamondBalls
@GoldenDiamondBalls 2 ай бұрын
Keep your cash and gold I'm all in in Bitcoin and crypto💯
@Genebaket
@Genebaket 2 ай бұрын
I don’t know, the guy looks like a game show host on TV
@VP-km1ru
@VP-km1ru 2 ай бұрын
more like Mcauley Culkin...i was waiting for him to put his hands on his cheeks and scream
@sarwarkhan1185
@sarwarkhan1185 2 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-francoiskener6036
@jean-francoiskener6036 2 ай бұрын
That's me right now: cash and gold. Literally. Not even treasuries or crypto.
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