This Black Swan Event Could Derail 2024 U.S. Elections - Gary Cardone

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews investor and entrepreneur Gary Cardone, who says a Black Swan event could derail the 2024 U.S. election. Cardone weighs in on the chances of a massive cyberattack and shares his macro outlook for next year. He also breaks down his portfolio allocation and explains why Bitcoin is his second-largest position going into the new year.
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00:00 - Intro and 2024 Outlook
02:32 - Investment Strategy and Bitcoin Stance
07:37 - Geopolitics, Economy, U.S. elections
12:40 - 2024 Risks
27:31 - Bitcoin as an Investment and Safe Haven
41:47 - Unknowns
44:27 - Investment Strategies for an Unstable Future
49:41 - The Impact of Regulation on Bitcoin and Predictions for ETFs
01:09:17 - Long-term Outlook and Advice
#Bitcoin #elections #2024outlook
__________________________________________________________________
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[@kitco]

Swan Bitcoin - Swan Private - Go beyond legacy finance 👉 www.swan.com/wealth

[@stlouisix3]

Get Gary and Grant Cardone on at the same time for an interview next time.

[@astrogumbo]

yall do bitcoin now LOL

[@TrietLyCuocSongGSH]

You are one of the most inspiring people I have ever met, you are as real as can be and it is hard to find words to say how much I appreciate your work. It's amazing and very good

[@SCboi79]

😢

[@kevintewey1157]

Gary about those 30 or $40,000 projects. why don't you actually put your money where your mouth is? Tell us about it lots of people are looking for these opportunities. We don't believe it

[@europa3962]

"If voting mattered it would be illegal". Mark Twain

[@tenplus1025]

Awesome

[@Fddhjdthnbcfseyhvg]

Genius

[@ericsanjuan4901]

Damn

[@l.k.7940]

Not really! a stupid quote/saying.

[@garrettpatten6312]

lol vote harder!

[@bdek68]

This video is so refreshing! It’s not negative. It’s simply the truth that no one has the balls to say! Huge respect to Cardone. The world needs to wake up

[@josephjuno9555]

Yes, notca hard edge political slant to either side that is so common these days

[@1real-taylor]

Pray!

[@user-ts7mx9ok1c]

Amen

[@Michii308]

It sounds like either intuitively or directly Gary knows something is coming. I can feel his worry and anxiety throughout the interview and I appreciate him trying to warn the public as best he can.

[@gainlabs]

Oh he's worried, he knows he's lost everything.

[@Euroimports]

Something definitely going to happen this year. “The Calm Before The Storm “

[@digitalsamurai42]

Agreed, his body language and facial expressions and lack thereof, are extremely concerning. The problem tho, is that CIA created Bitcoin. Look into who created sha-256 encryption that Bitcoin uses. They have a backdoor.

[@Scorch428]

Some of the stuff he says is exaggerated, but hes right about the US trying to control money and trade, and that there will be a cost to that. 2-24 is gonna be nuts, I agree. It feels like a turning point. Perhaps for the stock market, perhaps for something else. Hes right about the Binance/CZ thing....I was thinking the same thing. How does the DOJ have jurisdiction over a forgein company? Why would he turn himself in unless they threaten to bomb him or track him down... that kind of stuff should be reserved for terrorists only, not someone who runs a fair and decent crypto exchange.

[@_Avocado_Hater_]

It sounds like he knows something 😂STFU. He don't know 💩💩

[@robertloughlin7588]

Gary is clearly a good guy and cares a lot about this country and his fellow Americans. Great interview Michelle!

[@Rick-tf4dl]

no he doesn't Gary cares about himself only

[@j.gan.2801]

@@Rick-tf4dl exactly! Gary is another unshaven, unkempt fool with ear buds jammed into his brain space.

[@billehall]

Grant Cardone

[@007Mugs]

This guy's spot on in my opinion. 2024 is gonna get real

[@bdek68]

When people regardless of where the live on the world have nothing and have no hope they either spend like there is no tomorrow! Sound familiar or do very desperate things. Wake up people

[@big_red_machine3547]

Yes. Realistic

[@wood1595]

100%

[@JohnJohnCrusher]

Dang

[@dgage1776]

We might get a real societal collapse this year

[@jamessantiago6883]

Props to Gary. He’s not really negative or lying. I mean when did the politicians not give us a black swan event the last few years.

[@garrettpatten6312]

Event 201 over and over again....

[@big_red_machine3547]

He knows

[@yehmate1528]

Can’t do anything but listen intently to this man, and respect him immensely.

[@jopuzzz480]

This guy mixes up a lot of false facts with theories and nightmare predictions. Europe produces many different kind of products like. It's literally the 3 largest economy in the World. Germany alone has a larger GDP than Canada and Australia combined. Also they did not blow up 1000 miles of pipeline but 3 holes into it. Apart from that, it was from Russia to Germany. Ukraine has not earned money from it. He might be successful but certainly not correct on many of his points, even though he makes some potential true assumptions.

[@ironworker5792]

Correction, sir. Germany ‘had’ not ‘has’ a robust economy.

[@marney3340]

I think this man is being very realistic and feels the same things many people are feeling and thinking. We should outlaw all computer technology to have an election; paper ballots and counting of them should be done by poll workers under supervision. Unfortunately we have some truly crazed people running our country and they don't care if we go broke, have nothing and blow up the world. So Happy New Year and may God Bless.

[@MAtRiXAgEnTFoXMuLDeR]

We ain't gonna see an election this year...

[@WitchNectar]

We need blockchain voting with ID requirements and pre-registration to vote. Why is it that the world's largest financial institutions will trust the blockchain to move billions of dollars, but we can't secure an election using similar technology? Answer: because those in power WANT a corruptible voting system. We're not going back to gold for money, and we're not going back to paper for voting.

[@diannebass1051]

The only way to have a real election !!

[@KN_6328]

if there was a black swan event, the most risky asset is crypto and fiat currencies. There is a good reason why all central banks have stockpiled gold in the last few years.

[@sambomambojambotango3961]

Grid down or Financial System Virus an deal blow to crypto.

[@monaorinji]

Which is why you should NEVER store your crypto on exchange, always store your crypto in a cold wallet inside a faraday bag or box.

[@changingplacestoiletfinder8061]

The bricks central banks have been buying gold but not the main western central banks.

[@robertmcintosh8773]

Obiden blew the pipe line up because he promised to do it..who else?

[@joanneel9708]

Obummer …Bye-den is the Pawn, No BRAIN CELLS ….💰

[@diannebass1051]

Exactly 👍

[@user-tz3yx8dr1j]

It's obvious: Means, Motive,Opportunity.

[@nichole2757]

Michelle Makori is the best interviewer I’ve ever seen for this format. So measured and knowledgeable. It’s a gift to have her asking the hard questions.

[@xmonikerhotmailcom]

She talks too much for my liking.

[@williambolster8047]

Shes so graceful and allows her guests to speak

[@xmonikerhotmailcom]

@@williambolster8047Naw, she is too busy trying to prove herself by talking all the time. Lin is better.

[@mrgazi2159]

She's so beautiful ❤

[@xmonikerhotmailcom]

@@mrgazi2159Take a cold shower kid.

[@fog8969]

I am thrilled beyond expression that Michelle Our Belle knows how to handle a weapon, that she called it a weapon rather than a gun, and that she's not afraid to say it here.

[@danielscott1409]

So he's saying there will be a massive cyber attack and you should store your wealth in computer money?

[@g.i.520]

😂

[@miltkarr5109]

😂😂😅

[@luap2551]

He owns all the physical things - Bitcoin will do well because it is in accumulation phase - Why argue, own some of everything if you can - Make sure you have food, water, guns and a bailout space to go -

[@Lowkeylowski]

You have to store it on a ledger system which is like a hard drive. But if a cyber attack happens most likely nothing would matter financially even gold and silver.

[@Scorch428]

unless its by a quantum computer, its not gonna affect your bitcoin password in cold storage. Worst case, you just wouldnt be able to trade if for a few weeks, which is 0 problem for most hodlers.

[@feelnrite]

I like this guy, he puts it out there like he sees it and I think he is right.

[@tallstacker]

He’s a shmuck he’s been pitching and selling his “education” 10xing during massive bubble times now he’s like watch out guys lol. Your supposed to buy whenever bloods in the streets

[@beachluver149]

Trump will be back in NO DOUBT

[@johnshaff]

Gary is intense. I’m down with it. Keep bringing him on as a guest, I’ll watch every one!

[@ironworker5792]

Continued success in the new years with your career, Michelle. Thank you for having the courage to bring on guests who offer viewers another perspective.

[@TunaXPress]

Close your eyes and he sounds just like Matthew McConaughey. I kept waiting for him to talk about his Lincoln😂

[@dangerousdonnafit]

😂

[@LTzEz03z]

Squint your eyes, and he kinda looks like him too.

[@dangerousdonnafit]

@@LTzEz03z 😂

[@pogiboy3571]

alright alright. alright

[@tr8502]

Gary is an excellent guest for Kitco News.

[@TacoTuesday4]

Not really him and his brother are pretty sketchy.

[@theshillpill6937]

@@TacoTuesday4for real, they’re Scientologists

[@ellaskins]

All my questions answered in one video! This guy knows his stuff, acute and straight to the point!

[@amenlion88]

They tend to do these type of evil events because humanity is waking up. So they must throw off the momentum. Lets go Humanity stay strong, be good to your fellow man/woman, and be safe☀️

[@bretgreen5314]

I like Gary; never seen him before. Hope to see him again. Great interview.

[@Mekkalekka]

Michelle asks all the right questions. I love listening to her interviews

[@digitalsamurai42]

She's great

[@quiquepro69]

I think she stumped him on the cyber attack and Bitcoin vs silver/gold discussion... That's Bitcoin's Achilles heel. I hope I'm wrong.

[@chays19751]

Don’t keep it on the cloud that’s for sure.

[@mattmosca7244]

Yeah. Kinda caught that too!...

[@Mr_Hundredaire]

This guy has the vision and the justification

[@sudo2998]

Strangely, I agree with him, didn't think I would... We live in dystopian times, and I think he's voicing that frustration. Loved the part where he said that nations should only fight wars that their kids are fighting in.

[@petrolo72]

💯 I definitely have a better view of Gary after hearing him be candid on this interview. He’s definitely holding back on some insights that he has the future of the USA is looking very bleak indeed

[@BearMountainRancher]

Thank you for hosting this insightful interview with Gary. His brilliant mind and articulate insights make this one of the finest discussions on current macro-geopolitical and economic scenarios, including potential black swan trigger points.

[@dalewhite4759]

Just a guy with ADD here .. ok .. Grant and Gary are STREET SMART .. always UNDERESTIMATED

[@jaroslawklebaniuk6793]

Countries like Germany, Switzerland, and Netherlands are among the biggest exporters in the world and Mr. Cardone said Europe doesn't produce anything. It sounded a bit ignorant.

[@oliveoil7642]

Germany’s fool hardy jump into Green Energy and loosing affordable energy from Russia has diminished it’s manufacturing capacity significantly!

[@lynnelee4390]

They don't produce much anymore, they killed their energy, it takes energy to produce

[@user-rc7gz4ok4e]

How many "Black Swan" events can you have before they become the norm?

[@user-xg6yc8ho3w]

They are the norm. But most people aren't aware of that fact.

[@paulw7047]

They manufacture them whenever needed.

[@bigd1233]

They said 2000, then 2012 then 2023

[@dontjustbeanotherbrickinthewal]

Look up crisis actors they pay well

[@susiebonham3167]

They're the Elite's MO. Just need to pay attention and connect the dots.

[@adirare100]

Listened to his last interview a few months ago! When I saw his name I immediately clicked on the video and started listening! Great guest! Thank you Gary for your time and insight 🙏🏼🙏🏼🙏🏼

[@VileStail]

I'd wager that nothing substantial happens in 2024, certainly not like anything he's describing. The problem with doomsaying is that you'll be wrong every single time, except one. Those aren't good odds. Sounds like he's overexposed on btc and wants to pump his bags. If he truly believes in his scenarios, btc would be the last thing you'd want to be in. Michelle caught on to that and tried to get an answer but he just danced around the question and changed the subject.

[@dr.c7679]

would love to see them say no to the ETF and leave BTC alone

[@reefread1234]

Why they created it its all a ruse to get us all on blockchain

[@yellowledbutter]

KAS will replace btc anyway

[@mattfinch7403]

The globalists especially in the UK have been trying to get their claws into Russias resources since WW2. They will start a war in Syria and try and bring Russia into a second front in an attempt to wear them down. Iran and China possibly even Turkey will be forced in. I see NATO breaking apart, none of the countries have enough weopons or trained personnel to war now. But by 2028, its on like donkey kong. NATO have severely underestimated China and and Russian productive capacity. The sheer level of engineers and technicians vs the west is staggering

[@JohnJohnCrusher]

They may just do that. Printing should be their priority. Facilitating BTC investing detracts from that prerogative.

[@TheMrsorge]

​@@yellowledbutter hahaha

[@jboss1314]

I feel in my Heart if America is To Survive ..They'd Better Call in ppl like This Guest ..You can absolutely feel his Spirit & Energy is For Truth and Helping to Lift ppl ..Thank you Great Show 🌍🙏

[@samk9216]

Always great to hear Michelle asking proper/right questions....

[@noonebeer]

I'll answer Michelle's tech question for Gary, "Why bitcoin if there's a cyber attack?" Cold storage wallets aren't connected to the internet unless you want to make a transaction. Bitcoin by design is also decentralized. It'll be fine if there's a major cyberattack. That said, precious metals are still important. Going back to Gary's Blackswan theory, something spooked the Fed enough for JPow to mention a pivot...

[@scooterrockets7815]

People will own hundreds of bitcoin and it will be useless without any on and off ramps into the new digital financial prison they are rolling out. The moneychangers are not surprised by anything and they do not lose... unless we get over our collective dilutions and fantasies about money, debt and so-called "wealth."

[@andrewsahadeo2855]

Great interview many interesting perspectives from Gary Cardone on how he views current world events. Also his take on geopolitical events was insightful. It would be great to have him back in 2024

[@ginayoung6900]

Thank you for a great interview Michelle!! Happy New Year 🎉!!

[@salvadorgutierrez7947]

Thanks . Informative .

[@ridzuanali1919]

Thank you, Michelle, for having Gary on this program. Very refreshing and insightful. Take care. God bless.

[@todgravel7252]

Thank you for your reporting ❤

[@shawnrhem2721]

When Kitco sounds like Alex Jones you know the world is waking up.

[@l.k.7940]

😆🤣👌🤡 How many things that Alex Jones has said have turned true?!

[@glory7086]

@@l.k.7940. So far all of them

[@shawnrhem2721]

It’s hard to take anyone serious who communicates with emojis.

[@kennycarneal6765]

I think it will happen way before August, this economy can't last that long.😢

[@jamespossible2601]

Great interview, great discussion.

[@substation996]

If you tell the super rich they can't own it they will manipulate it down until you sell it to them

[@o4pureh2o]

That's the beauty of BTC you own it you take responsibility for it, yourself and your family. If they suppress the price buy more. DCA

[@crsnow6158]

Always good information from Gary and Grant

[@Triplesteeple]

Madam, you’re awesome. Mr. Cardone is a national treasure… knowledgeable, helpful, passionate, down-to-earth ,prophetic like that alarm … Madame, you nailed it on the poetic - prophetic comment … NEVER seen that done on a show, ever …As the interviewer you don’t seem beholden; solid pushback, promoter of ideas, supporter of the person yet curiously questioning …good conversationalist that knows how to flow with it… asked the right questions at the right time… good pacing. When all is said n done: this show is a public service contribution that has you both to thank.

[@user-ec2bs7dr2o]

Interesting advice,,thank u

[@tsharpe3555]

Excellent interview. Enjoyed your guest!

[@rockymountainyota4523]

Great interview thanks!

[@djGzusJuice]

This was awesome. Thank you!

[@glennhall767]

Love this show Michelle Makori Great subject matter and Gary Cordone was great.

[@TiborCsuprik]

Amazing Interview!

[@Mark-pb8kj]

This dude needs to be a guest on infowars.

[@MikeMeadows]

Awesome content! Very candid -Love Gary’s honesty

[@ggsd4903]

Actually, i retract my last statement. This dude explains stuff in a very coherent way. Props.

[@seandarrah828]

I agree with everybody here… Really like this guy… Someone you’d like to hang out with ,have a few laughs n beers together and pick his brain…, always as always. Great job Michelle.!!!

[@garycardone]

Come on down to St. Pete and that can happen....

[@seandarrah828]

Thank you Gary for the invite… That may be my vacation destination this year! you were my first Twitter follow also👍

[@dmr87]

Nice to see Gary popping up here and there!

[@Moon_Productions]

Very enjoyable 👍

[@MD-hd1cp]

Great guest Michelle, thanks

[@user-wb2yt5hj2t]

Thanks Gary!!! Awesome Michelle!

[@TrietLyCuocSongGSH]

You are one of the most inspiring people I have ever met, you are as real as can be and it is hard to find words to say how much I appreciate your work. It's amazing and very good

[@clarencehoover6748]

Why no report on why the Kitco retail website and data stream have been down for well over a week?? “A temporary disruption due to a cyber security incident” is no longer a plausible explanation. IT professionals could restore clones of virtual servers in a day or two, at the most. The silence speaks volumes.

[@tylershoemaker4886]

I would be worried about digital IDs and bitcoin. Once it’s no longer anonymous it has very little value unlike precious metals.

[@nonokodog622]

Agree...He spoke about fungibility then shills BTC ? If the world wanted crypto it'd choose Monero.

[@dadada396]

@@nonokodog622Glad you brought up Monero

[@korupt3dttv691]

More likely to bring up XRP.

[@diannebass1051]

Yes ,exactly.

[@GoodGolden]

Great interview

[@tubesoupio]

Great interview, more of this guy!

[@jordanutt5946]

Excellent interview!

[@Shane-yx2hi]

Best video yet

[@roberttoomey1755]

Great job!!!!

[@BBKeys1947]

But on top of that you are just the BEST. You always ask the exact right questions. The Best. Brilliant.

[@contemplating1015]

Aliens could decide to step-in during 2024 and say to us "enough is enough please, this madness needs to end."

[@007Mugs]

I would love that!

[@oioiii6271]

Oh OK your counting on a group of uneducated, brainwashed people that hate America and controlled. But there is always hope 😊

[@peterwulff469]

@@007Mugs - so would I! Being highly intelligent, the aliens will immediately stop humans´ nonsensical talk about covid, man-made climate changes, cryptocurrencies, there being more than two genders and numerous other liberal/leftist insanities.

[@richclarke1523]

I think this would have happened already, if there were alien beings that advanced. I have seen these flying objects, but they have not even transmitted over a TV station. It's as if our existence is of absolutely no concern to them. Perhaps the plan would be a " natural" self destruction, then a rebooting of the planet.

[@krissyyoung9264]

Mmmm….It’s certainly coming. However, it will be, not aliens, but the Lord God.

[@Tucknroll]

Michelle, great interview. VERY interesting. Also interesting the differences between the Cardone brothers.

[@patrickholland5478]

Absolute fantastic as usual. I do wish I could get these as podcasts though. I'd love to listen on the go. Just a thought.

[@matthewmckee9914]

Great video i got alot of insight on the markets and the crazy times that we find ourselves in.

[@Hades-fi5wc]

Great Show Michelle as always HNY.....

[@rifleman42051]

Solid interview! Love Gary's point of view!

[@dangaines405]

Gary is a very smart analyst! He is to be taken seriously!

[@williamhanna5224]

Excellent video !

[@Nsx234]

Time to Move past this form or GOVERNMENT!!! IT IS NOT FUNCTIONING!!!

[@optionout]

Yeah, Daniel 2:44.

[@Edward-tm1dm]

It’s our duty to replace this existing government, and it’s time to do it.

[@haze1123]

I like Gary. Thanks for this one.

[@michaelohmann2856]

great interview Michelle. Good guy

[@dogbox2290]

I doth comment too much. Love your show Michelle ☀️🌴

[@zipperdeedooha]

Great guest. Wealth plus wisdom.

[@captainobvious9209]

She nailed him. He is worried about a cyber attack, but does he not realize how susceptible Bitcoin is? It also requires electricity and internet. He’s a prepper relying on the grid...

[@Surpillow]

He’s saying if bitcoin goes down with the power, so does everything else, everything

[@davidkennedy3945]

Good video

[@btceatsfiat6641]

Great interview!

[@davidcoe9384]

WOW NOW THIS IS A REAL GUEST ... LOVE TO HEAR HIM PONDER

[@jvin248]

Michelle, everyone is predicting a Black Swan Event this year, but a true BSE is unanticipated and unplanned for. Seems like all the anticipation is foiling that game, just a bunch of regular swans ahead. Of course, when you've got a political system that is farming only black swans then where are the non-black swans?

[@Cards36555]

OUTSTANDING Interview 👍👍👍

[@waynefeigenbutz4309]

Great Interview !

[@berniebouma664]

excellent interview. This guy thinks out of the box.

[@Griffintheelder]

Europe doesn’t produce anything is a bold statement to make, and one that raises a few eyebrows towards Gary. Perhaps after the interview, wearing an Armani top and Gucci shoes, stepping into his Mercedes Benz powered by gasoline distilled from North Sea Brent oil, glancing down at his Rolex wristwatch through his Prada shades he might see that there is still time to get a bottle of dom perignon to celebrate the new year while reflecting on those poor Europeans who don’t know how to make anything.

[@Javeli05]

😂 Great mix!

[@RWROW]

Yes, and little Netherlands was the second biggest agricultural products exporter after the U.S. last time I checked.

[@dallaspowell2457]

Very chilling

[@darren2351]

Ha! Loved the ending with the cleaning the closet comments 😂😂 Best Kitco interview ive seen in a long time kudos for discussing some real topics

[@DavidSagala-vs7yf]

I love this guy. Great ideas he speaks of.

[@michaelgarza7549]

GODSPEED TO GARY... LOTS OF GOOD INFO... IT WOULD BE NICE TO WORK UNDER A GOOD...HONEST... AND OPTIMISTIC GUY LIKE THIS...

[@tommyflynnmusic]

Gary is so Interesting and intelligent . Great episode

[@Exit.The.System.]

awesome guest 👍🏽

[@SUNNMANN139]

Gary Cardone made a very important point when he stated the fact that people must have a community of capable individuals when a societal meltdown occurs. Single individuals, couples, and small groups will not make it through. In the coming societal meltdown paper currencies will be worthless. Barter will rule. The transaction of goods and services among all survivors will be with tangible valuables - Silver, Gold, Food and Skillsets. I think it's obvious where humanity is being led. The mistakes of the past are too great not to be corrected. The Correction is coming. Bitcoin will be sent to the waiting room.

[@justincadle7070]

🤦‍♂️

[@youngraymond9293]

100%

[@l.k.7940]

you and your doom and gloom prophets can go eat some grass!!

[@okifax]

That was your best interview yet.