Safeguarding Your Money in Uncertain Times | Simon Mikhailovich | TEDxWilmington

[@Shauntay76]

It's incredible how this video was made in 2017, and we are living this in 2022.

[@wearewaves3106]

Mr. Mikhailovich makes an excellent point and presentation. Duly noted, thank you Simon. The risks I see are; Individual private property rights laws, politics, authoritarianism.

[@misty671]

Excellent video still pertinent 3 years later. Too bad so few get exposure to this type of material.

[@vishnary]

Excellent video. Not only still relevant 5 1/5 years later; look at what has happened, where we are now economically (what's happening to the global reserve currency?) and where we are going.

[@livefreeordie5769]

Gold Silver & Vanguard index funds. 6 months supplies. Zero debt.

[@WayneWundrambb1]

Fantastic explanation. Well done.

[@kumarapuramsadasivan7551]

Gold has risen in 2019! His advice is very good.

[@pasaulissurezisuotas2617]

and today

[@cynthiamooney185]

very eye opening. a lot of food for thought here. excellent presentation.

[@denniswright5611]

Excellent presentation; full of truths. But.......not the subject most Americans want to hear and learn. Too difficult! That's exactly who it has such a low viewership. SAD!

[@roberthodgson3574]

Even more relevant in May 2020...

[@francesca2202]

He pin-posted it on his twitter account for our current situation.

[@ParisianThinker]

Bravo for presenting the truth

[@isaacrigel9231]

Anyone watching this in 2019?

[@pasaulissurezisuotas2617]

oh yes bro 😊😋 i com from Real vision chanel

[@klaytmorfoot5135]

Another Real Visioner trickling in. Been in crypto and poor mans gold for a long time. Long term focused for safety.

[@pasaulissurezisuotas2617]

Today bro🙋‍♂️🙋‍♂️

[@wardbertram6223]

Contrarian presentation + Wilmington = the guy in the last slide

[@samuelvance5674]

23,000 views and 34 comments? ? This guy is the heaviest guy ever, and that's all? I am listening for the 3rd time myself.

[@AlexPittiStockMan]

I want the slides

[@karthikckrishna]

Good one

[@andymclachlan7197]

Interesting.👍

[@khala1953]

Maybe he should explain what Warren Buffett thinks of Gold, considering he quoted Buffett to make his point that the world is ending.

[@wardbertram6223]

C'mon Wilmington! At least one laugh for the opening joke? Sheesh

[@danok5124]

Hear here👏

[@jeffmcilveen2796]

What if the Grand Canyon actually does have the largest reserve of gold. I've heard that but I really don't know if it does. Just asking, what if.

[@Kurzrein]

What if the moon were made out of cheese ? Just asking, what if.

[@michaelmclaughlin5806]

need a post stimulus checks update

[@howdy1192]

Buy and Hold Silvertokens that are fully redeemable anytime by anyone

[@Chamasettings]

Who is watching this in August 2021, waiting for the fed to taper

[@19battlehill]

Love Simon but we have not been on Gold Standard since 1971 --- Two major flaws in his thinking --- USD lost value in 1970's not because of money printing but because monopoloy oil pricing by OPEC - Oil went from $2 a barrel in 1970 to $40 a barrel in 1980. Oil is used in all applications of business - transportation & manufactering (did u know it takes 5 gallons of oil to make a tire- oil used to make synthetic materials plastics ects) --- This is what caused USD to lose value not money printing. We were not on a gold standard in 1970's. 2nd thing Simon is wrong about is what causes inflation - Money printing does not cause inflation (FED has printed 4 trillion) yet we have low inflation? Housing, education, & health care inflation caused by capital expansion & monopoly pricing so they don't count. WE have NO inflation. Japan has printed trillions and trillions - lowest inflation every. So if money printing doesn't cause inflation what does? Spending money causes inflation --- all assets that have increased in value are owned by the top 10% and really the top 1%. Average guy loaded up on mortgage debt, studen loan debt, & paying health care costs so he has no money to spend into real economy --- THUS NO INFLATION. And it is not coming anytime soon.

[@SimonMikhailovich]

1. Gold standard is merely a device that limits the ability of governments to overspend. The US went off the gold standard in 1971 because overspending was resulting in us running out of gold reserves. If oil were priced in gold, its price would not have increased 20x. Quite the opposite, commodities' price in gold declines over time. Excess money printing IS inflation. Rising consumer prices is but one symptom of inflation. It arises when the excess money ends up in the hands of consumers who spend it on goods and services. This time around, excess money ended up in the markets setting off massive asset inflation. There has been also tremendous inflation in luxury goods, real estate and services consumed by the holders of inflating assets. Finally, healthcare, education and many other essential services have seen very high inflation.

[@silvergoldtv6190]

In 2020 I think its was sooner

[@susantaylor2937]

2023 here… you were wrong. :(

[@maudecoulombe1640]

Until the seventhies, you could buy 1 ounce gold for 30usd. Then, the american government cancel this. The american dollar was not backed any more by gold.

[@3rdworldtrillionaire46]

Gold, what's all the fuzz about it ? It's only a barbarous relic and at most an old obscure banking tradition.