We're in For 'Decades of Pain' in Coming Bear Market: Dave Collum

Dave Collum thinks massive overvaluation in the broad market means we need a massive correction just to reach fair value, and he sees the inevitable reversion to the mean resulting in a catastrophic bear market that could last for decades. Dave discusses the main drivers he sees behind an inevitable market collapse, why hard assets could provide an escape hatch, his forecast for gold and silver, and much more.
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00:00 Introduction
01:19 We're in For Decades of Pain
07:53 Allocating Capital in a Bear Market
11:36 Black Swan Events
15:59 When the Fed Cuts, Run
18:21 Gold at All-Time Highs
20:29 Outlook For Silver
23:08 Platinum is a Contrarian Play
26:57 Is ESG Coming to an End?
29:22 Can Javier Milei Save Argentina?
33:19 Is the US Losing its Hold on Power?
37:31 What Should Investors Be Paying Attention To?
#bearmarket #bearmarket2024 #recession

[@hersdera]

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.

[@EddyAgnes-vy4kp]

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

[@bernadofelix]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@HectorWhitney]

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

[@bernadofelix]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@ScottKindle-bk3hx]

Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Melissa.

[@yanivpete]

The fact that Dave's still in academia is something to be optimistic about.

[@rz912]

This guy is based, agnostic, truthful, observant, logical, humanistic.

[@hounddog7256]

Dave is as close as you get to pure logic.

[@winthrop1630]

The first paragraph of the Declaration of Independence tells us what to do.

[@mutantryeff]

I almost feel that Powell will bump the rates up before dropping them.

[@user-pq5rb8ju4w]

He would have to initiate such a move, absent some crisis, in his rhetoric first. Powell has reiterated his favor of rate cuts, not hikes, at least twice now since the last meeting only two weeks ago.

[@kansasmile]

I am a doctor, 48 years old and burned out. Stressful work and long night hours. I have $4.7 million portfolio that has seen a sharp decline and i plan on retiring soon. So i'm curious about the besst strategies to correct this and hedge against market downturns

[@kashkat987]

Dollar-Cost Averaging is wise, especially in volatile markets. Considering the market conditions you've mentioned, thorough research and consulting a financial advisor are vital to align investments with your goals and risk tolerance.

[@Curbalnk]

I used to feel overwhelmed by the vast array of investment options available, but my financial advisor changed everything. They simplified the process, offering clear recommendations and ongoing support. Thanks to their guidance, I've been able to build a diversified portfolio that's well-positioned to weather market fluctuations and achieve my financial aspirations. i've made over 80% capital growth minus dividends.

[@greekbarrios]

Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and am interested in investing in stocks, and I'm seeking guidance.

[@Curbalnk]

*Jennifer Leigh Hickman* is her name. She is regarded as a genius. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@Curbalnk]

*Jennifer Leigh Hickman* is the licensed advisor I use. Just research the name. You’d find her webpage and necessary details to work with to set up an appointment

[@saltydog1196]

A decade of pain at best! 😢

[@eldandonsmith5372]

Depends upon how Prepped you are.

[@jeffsurfanderson]

If people are worried about the riches and think it's too late they should be Preppers and learn how to grow their own food do some husbandry with animals and set their self up for energy like solar you don't need to go with a Solar Company you just need a solar power generator with your own solar panels where you can move them anywhere you want. A water catchment system as well. If you set yourself up to not depend on the government you're better off

[@fightthebully3331]

Yeah... About that... The government is working on banning or taxing the hell out of those who dare to be self sufficient. From gardening to owning chickens to saving rain water. So yeah. You'll most likely have to fight.

[@snowyowl6892]

Biden is “allowed to be President” ? and. “allowed to run again” because he is being puppeted by ……………. (fill in the spaces). IMO

[@moriorinvictus]

Need Dave at least once a month. He's the 🐐

[@thomasjensen6243]

I'm 55 years old been poor my whole life....I ain't scared.

[@stratcaptain66]

Its ok, being a “wealthy soul” is worth much more.

[@thomasjensen6243]

@@stratcaptain66 absolutely it is and the Bible says as much Mathew 5:5

[@mikeware1002]

Poor is a state of mind Thomas, broke is a temporary situation.

[@thomasjensen6243]

@@mikeware1002 yep, I will no longer be broke when I'm in the arms of my Savior.

[@KingKong-li2lg]

You'd be scared if you were in room after all those beans I ate last night. Woof 😅 I may not survive the fumes today. Firing off some paint curlers today. My nose hairs are singed.

[@mutantryeff]

It isn't about a hard or a soft landing; it is about landing in quicksand and it being extremely painful to extract yourself - think about the last several decades for Japan, but worse.

[@alberttu8120]

Dave reminds me of Red Forman for some reason

[@matthewsmith2362]

Yea he does I keep waiting for him to call me a dumbass

[@user-pq5rb8ju4w]

He's got no more f's to give and is sick and tired if being sick and tired. Probably doesn't help he's interacting with today's youth at an ivy league institution. Gets kinda hopeless when today's "best and brightest" are nothing more than purple haired navel-gazers.

[@user-ey4od6jp9n]

Never hard this Guy. I LIKE HIM! Good work Jesse bringing this guy out of the woods.

[@thehungergames8918]

Thank you guys 😄✊🍀🍀🍀

[@jod5834]

thanks!

[@williamwallace1635]

Thank you sir. Keep saying it like it is.

[@mutantryeff]

"What is history but the story of how politicians have squandered the blood and treasure of the human race?" Thomas Sowell

[@clffeingold]

Awesome discussion!

[@jxschw]

I enjoy listening to Professor Dave regardless of whether it makes me a better commodity investor. I'm also a contrarian...meaning I did great during 2022 and expected it to continue. I have also rode the miners down and am holding on while they're going back up!! Woohoo

[@DixiDarlen]

These markets always have one of these early on. No telling where it stops, but after there's a sizeable retrace. People get excited until the retrace and then they get sad, start calling it a bull trap and that goes on for a little while. Then it happens again, bigger, another retrace, some people saying it's a trap, lots of people saying it's going to a zillion. Slowly sentiment builds to the point people think it's going to continue forever and before you know it's bear time. My two cent more emphasis should be on trading, as it offers more stability in the face of market unpredictability. Personally, I have learned from you and other Youtubrs especially my mentor Francine Duguay, who taught me how to make trade and increase my crypto from 5btc to 27btc that no one really knows what is going to happen in the market. my opinion so people should make their own investment choices based on their own research...

[@DixiDarlen]

She is FrancineDuguay in TE L E G R AM...

[@ZopiDomul]

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....

[@Jmans2003]

When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.

[@bluejeremydragon]

Francine Duguay program is widely available online..

[@efrinajolie]

When someone is straight forward and good at what he or she does, people will always speak for them. To me I will say give Mrs Francine try and you will forever be happy that you did.

[@jeffsurfanderson]

Malay is not doing what we want but he's doing the right thing. He is a free market capitalist advocate. I love the fact that he went to Davos and told them to shove it up their

[@BigTomInTheBasement]

He actually gave them a lesson on capitalism and how good it is for people, in general. It was great.

[@stmartinhk]

He is a wolf in sheep's clothing. He is a Marranos and a follower of Chabad, a j3wish supremacist cult. Do you really think he has the interests of the g0yim at heart? Argentina will be stripped of everything for the benefit of private hedge funds. Stop looking to politicians to save you. How do you think these two-faced slimey creeps get into these positions of power? By being open and honest? Grow up. Stop believing in superheroes come to save the day and instead just concentrate on saving yourself.

[@idramhawk]

I have gold, silver, stocks, savings, what is enough to pass this cycle? How certain you are on gold and silver prices?

[@stratcaptain66]

Silver and gold is good, however you don’t own your stocks and bonds, you have a lowly “security entitlement”, check it out.

[@modernsaver-km5ex]

Yeah I've reduced my cash and stock holdings and added to Gold

[@dexplorer1611]

Go read The Great Taking by David Rogers Webb to understand your “rights” to your stock portfolio.

[@kahvac]

@@modernsaver-km5ex Smart move !

[@snowyowl6892]

@@stratcaptain66 if u can’t hold it in your hand .. you don’t own it.

[@ask_why000]

The problem is: The US military (fighting everywhere, on all fronts, all the time) are losing the hearts and minds of the American people. The US government can make up a "hot war" all they like, but absent support of the people, it's all very Vietnam.

[@user-pq5rb8ju4w]

Another reason the US dollar will lose its world reserve currency cache. Much of the dollar's backing comes from the willingness AND ability to "reach out and touch" people. That will is waning, not waxing.

[@jeffsurfanderson]

Every time the currency fails in a superpower becomes weak there is a war. If you watched Ray dalio's changing of the world order it is very insightful and correct

[@TheCrackupboom]

Wow, he talks about a New York bridge before the ship lost power in New York Harbour and just about hit the Verrazzano-Narrows Bridge. Prescient.

[@TheCrackupboom]

@@MaryGwenDungan It could mean many things; possibly, the fact that it is so easy to destroy a nation from within and maybe people will see this as a possible terrorist attack, thereby changing the attitude of people to uncontrolled entry of ten million people in the last three years, hundreds of thousands who in all likelihood are terrorists. It could also mean that the inability of the US to clear the channel and fix the bridge in a timely manner (Chinese contractors could have cleared the channel in a week, fixing bridge will take US many years but China could do it in a year) may change the attitude of a lot of people as to the lack of capability which exists in a financialized economy and maybe that will change the failed status quo. I could come up with others but those would be my top two.

[@debralabarge614]

Wonderful information

[@Myscentsei]

🚨99 commercials

[@snowyowl6892]

??? 🤔🤔

[@jxschw]

Only a professor knows that he produces his annual report once a year...LOL...I'm laughing with you not at you

[@andrewsaporetti3614]

Silver at $28 🥈👀

[@whydotheathensrage]

Some day, some bear, may be right, but in the market, timing is everything! And most bears are dead wrong on timing a manipulated market.

[@alee2578]

Russell mayfield? Did I get the name right?

[@DaveCollum-1000]

Russell Napier

[@peterfrohwein4961]

By my studied calculations......AT LEAST 20 years !

[@mutantryeff]

We need a video on the future of all the Russian stocks that have gone to zero like RSX

[@albertinsinger7443]

When things go down a lot everything gets crushed except shorts. The only game in town is cash.

[@user-gl9iz1bp1r]

This is all intended by TPTB. Awareness buys you time, time buys you options - until it doesn’t. Stay awake, aware, and prepared. Market tops are incredible vehicles of wealth transfer. So are wars.

[@fingersm]

Dave has called 89 of the last 3 recessions

[@peterbedford2610]

Yup!!😂

[@LongLivedCoins]

🍯🐝🌻

[@stebo-pv2hq]

where will oil be?

[@HarrisonCountyStudio]

That answer depends on the financial circumstances ahead. If the dollar continues to be debased, oil prices continue to inflate. If the dollar is destroyed, then no amount of U.S. Dollars will buy oil. If the FedGov allows oil producers to develop oil fields and produce oil domestically, the price of oil will drop.

[@user-pq5rb8ju4w]

It's a limited commodity that is REQUIRED GLOBALLY and is hated in the western hemisphere. Engage your economics 101 prowess and understanding of supply and demand to answer your own question.

[@fruitloops3718]

Once the market crashes, you can do dividend stocks for income and commodities for the remainder.

[@user-hb2ku5oq5r]

We are near of the end of a economic cycle??

[@user-pq5rb8ju4w]

End the Fed put and see where thIis market goes. Oh yeah, can't because the S&P 500 is the national 401K plan now. The answer? Low rates and implicit promise to print money whenever the market cries hard enough. Privatized gains and socialized losses is REALITY.

[@mutantryeff]

A debt-based economy using fiat is basically a variation of the Ponzi scheme. The government just uses new debt to pay old debt, and it takes more and more debt to sustain the economy.

[@luxboss2388]

Correct!! It cant function without debt it would crash!!

[@user-pq5rb8ju4w]

CONFIDENCE is also required. I remember Time magazine articles of my youth showing the Chinese on a gazillion bicycles, now smog surrounds their cities. The world ain't what it once was and neither is the US dollar. The new Cold War is financial and commodities based. The West is going to wake up one day and realize 85% of the world ain't playing the old game and them US treasuries aren't as appealing as they once were.

[@goldismoney5899]

Luongo has some great ideas but he is way too self assured and convinced he is right on everything he thinks.

[@stmartinhk]

Libertarian = deluded. They talk as if human nature doesn't exist. Nobody can exist alone and apart. Humans live in societies and families and tribes - hierarchies of power and authority - and there are plenty of bad and evil and crazy selfish people. Given this, I don't think that the libertarian "non aggression" principle is very realistic. "If only we didn't have governments then everything would be okay." Childish.

[@user-pq5rb8ju4w]

Luongo is a thought provoker, that's it. He's a financial neophyte.

[@petrcech101]

look into platinum demand in the future Toyota solid hydrogen fuel cell innovations

[@frederickmatthews4259]

please explain and/or suggest sources for info. I'm beginning my exploration of this hated sector. thx!

[@johns4412]

Recession to the mean makes no sense in a world of persistent currency debasement

[@user-pq5rb8ju4w]

Nominal versus REAL...start there. Gold is telling you right now.

[@ask_why000]

12:03 If Americans know what their government is plotting, why would said plot be effective in any way?

[@treycaldwell4118]

I think I'm actually more confused after listening to this

[@user-pq5rb8ju4w]

How so? He just told you mean reversion is a thing. Where is the market right now? Do you believe in mean reversion as "a thing"? Do you believe the Fed can endlessly keep the incredible debt financed? Do you believe a free lunch is America's birthright?

[@cdmorrissy3692]

I went to arksgo and you have to call to get Gold prices - this is crap !!!

[@Jantv81]

Nesara/Gesara is the way we will have to go!! Gold is the standard. BTW: we are already in a recession!!

[@meagain2222]

Maitreya says the world will eventually adopt a one world currency which gets its value from all commodities. This would eliminate individual countries having their own currency which can be inflated at will and that makes the currency worth less and less.

[@richardwarren3863]

Along with a Dictator and one world gov't.

[@user-pq5rb8ju4w]

Block chain technology has arrived and will make this a reality. Problem is that there's going to be a struggle for who controls it. For the time being, it's going to be BRICS versus the rest.

[@mmm-cake]

😆🤙🏼✨

[@billhansard635]

We have the capability to take somebody out but global implications temper our actions.

[@Joshigore]

It's such a contrast how you remind me of past and how Renee Marie Harrison changed my Life from a nobody to a home, $83K biweekly and good pretty daughters! I don't know why I'm saying this here but I kinda feel like I'm supposed to, few years back I was nothing but now I feel like I own the world and can achieve anything I want.

[@WillieAnneMarin]

Awesome transformation, Tell me about it!!!!🙏

[@Joshigore]

$500K monthly is something you should feel differently about.....

[@Joshigore]

After I raised up to 325k trading with her I bought a new House and a car here in the states also paid for my son's surgery (Oscar). Glory to God.shalom.....

[@RogerStaplergeorgieva]

Absolutely! I've heard stories of people who started with little to no knowledge but made it out victoriously thanks to Renee Marie Harrison.

[@WillyThompson-jh8iv]

I know that woman (Renee Marie Harrison) If you were born and raised in new York you'd know too, she's my family's Broker for 3yrs till now and a very good one if you asked me. No doubt she is the one that helped you get where you are!!!!

[@alanburge1680]

Dave seems to be hording reams of paper! Do we have a tree shortage?

[@williewill1237]

It will be an excuse for the British to go after Argentina

[@15kilkenny]

With what??? We don't have a military

[@BathshebaE1]

Gee Dave, maybe you should learn how to trade short.

[@user-pq5rb8ju4w]

He does. He told you how much gold he's holding.

[@user-zl1oo3ff4w]

Despite all the financial struggles i and my family faced, everything is finally falling into place! $47,000 weekly profit and riches I'll always praise the Lord!!!

[@MichaelKen-vz1bh]

Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners?

[@user-zl1oo3ff4w]

Sincerely speaking. I will continue to trade and stick to expert Wil burn daily signals and guides as long as it works well for me.

[@HenryGary-fy9zj]

I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent, and have strong hands to back it up.

[@Henrygeorge67]

She is really a good investment expert. was privileged to attend some of her seminars. That is how I started my crypto investment

[@user-zl1oo3ff4w]

she's mostly on Telegrams, using the user name.

[@thehungergames8918]

🏅🥈🛢️🚀🚀🚀🧐👋👋

[@mutantryeff]

The preachers covering the religion of PMs brings to mind the following: The letters in 'atheist' also spell 'eatshit'

[@libra211061]

yes the bear market for the stock market collapse

[@azaugurz6799]

"for reasons I don't understand" - we get it, you are not the sharpest pencil in the box.

[@R.E.A.L.I.T.Y]

Live from little Russia.. SERBIA.. block

[@JoshuaCovan]

Below poverty the first 40 of my life. Whats another 40 ¿-

[@snowyowl6892]

… we create our reality with our thoughts. Thought first > energetic structure 2nd > manifestation of that thought 3rd >> HEY PRESTO !!!

[@mutantryeff]

ESG: Extra Stupid Game

[@ddprepper5227]

HBO historical buying opportunity😊🎉❤

[@maxwolf8055]

😂 It is very hard to understand what he is talking about. I can't listen to him for few minutes. 😮😮😮

[@billflipper1130]

The sky is falling! We must run to tell the 🤴

[@douglasmacarthy-vw9oq]

Japan is the new Ukraine.

[@INTERNETVID]

Acquiring actionable information from this guy is like pulling teeth. Fortunately I stopped at 19:00 after about the 10th 'I don't know'. Not even a hint of a prediction. Waste of time.

[@christopherstewart9874]

What are you talking about? Within the first five minutes he said the market is substantially overvalued and will correct to "fair value" - which he thinks means a 70% drawdown, which he believes will last for decades. Actionable: get out while the getting's good. If you want the exact date or the exact level of the peak, no one can give you that. Might the market go higher? Sure, but protecting what you have is more important than squeezing the last few dollars out of the rally. You are free to disagree, but he did give you actionable information. Edited to add: about 17:30 he said when the Fed cuts, run, don't buy!

[@goldismoney5899]

What a baby.

[@INTERNETVID]

@@goldismoney5899 It's an opinion, cuckold.

[@mutantryeff]

The Ukraine/Russia war is more about the Fiat Federal Reserve Note vs BRICS+

[@luxboss2388]

Why do you say that?

[@mutantryeff]

@@luxboss2388 There is always a hidden agenda. Look at how all the countries involved with BRICS are under economic attack from different angles. Attacking Russia by having it squander its resources on a war that was provoked by NATO is just part of the hidden hand manipulating the hidden agendas.

[@snowyowl6892]

Russia is part of BRICS+ SO. it can be trusted . Ukraine (orig called Khazaria) has always been the “laundering” haven for the Deep State. imo.

[@philiscoolerthanu]

If I noticed I liked the sound of my voice too much I probably would speak less. "Pride makes us artificial and humility makes us real."

[@15kilkenny]

If Trump gets in and its a big IF, what could he do??

[@gussoldtimeradioshows4902]

This video will not age well. This is just the beginning of a muti-decade bull market

[@HarrisonCountyStudio]

Do you really believe that we are at the beginning of a “multi decade bull market”? Most realize that the U.S. Dollar has lost 80% of its purchasing power since 1970… how much do you think that dollar will buy in another decade?

[@snowyowl6892]

NOPE

[@user-pq5rb8ju4w]

You're post gives me hope. Just added to my shorts into Friday close.

[@ClearOutSamskaras]

Jerome Powell doesn't care where Nvidia is priced nor should he.

[@thomasjensen6243]

When he bragged about how rich he is....I'M OUT!

[@qwerty90615]

Why? I don't like bragging, but the discussion is about investment strategies. A tangible qualification of expertise is a record of financial success, measured in wealth, isn't it?

[@qwerty90615]

In AD 43, Emperor Cladius invaded Britain, which was a tough sell. They were terrified of sailing into the deep water. They didn't know what they were getting into, or what gain, if any, was possible. But the political and economic situation back home was politically threatening. It worked great. War is the health of the state.- Randolph Bourne

[@goldismoney5899]

Baby.

[@charlesbritschge7467]

Start taking advice from a poor man and see how you do.

[@thomasjensen6243]

@charlesbritschge7467 how I do about what?

[@fatfatthewaterrat5010]

Dudes like Dave have been calling for “Wylie Coyote moment” for 15 years straight. Taking this as investment advice could be catastrophic to your portfolio. Get long stay long

[@pam7022]

Nice try, wannabe Dave

[@aaronsullivan1628]

Dave… what can you buy that will save you from that aging body you are in… that is dying.

[@soundsnags2001]

Christ defeated death, aging is no big deal. Let the body age out and wither, it's all good. Dave is gonna have a rad time through the coming chaos!

[@randy2009]

Once he started dissing bitcoin, I stopped, listening guy lives in the past

[@Chisca22]

@randy2009 Because it’s an over leveraged tech stock. Cry less 😭 😂

[@HarrisonCountyStudio]

Who cares what bitcoin is worth, it’s a trap. Once the governments have total control of your digits, they will do what ever they desire to you.

[@RBAILEY57]

Cryptos will revert (like Fiat currencies) To their true value, which is nothing.

[@user-pq5rb8ju4w]

I'm over 50 and actively trade crypto. Why is the crypto youth so fragile? Perhaps it reveals some underlying angst regarding the electrons they're all holding in them Ledgers and Trezors.

[@paulkieffer1189]

Not with bitcoin. Nothing but great times ahead!!! The world is so so great ahead

[@HarrisonCountyStudio]

Bitcoin will usher in the next dark age. Governments are salivating for the opportunity to control your spending.

[@jeffsurfanderson]

Malay is not doing what we want but he's doing the right thing. He is a free market capitalist advocate. I love the fact that he went to Davos and told them to shove it up their