Investing in an Unprecedented Era of Global Economic Disaster

Mario Innecco and Jack Gamble don't have a lot of positive trends to point out when it comes to the current market environment and global economy, but they do have some words of caution for investors who see tech stocks ripping and want in on the action. The duo explain why the broad market is massively overvalued, discuss the importance of gold and silver, give their take on rising global conflict, and much more.

Nobody Special Finance: @NobodySpecialFinance
maneco64: @maneco64

00:00 Introduction
00:37 Is the Broad Market in a Bubble?
09:39 Gold Bull Market
14:31 Silver Could Shock the World
20:32 Japanese Yen Collapsing
28:29 Accelerating Global Conflict
35:20 What Investors Should Be Watching

#marketcrash #stockmarketcrash #preciousmetals

[katiekilbo]

Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult

[DaveCulbertson]

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kathleen Chandler

[meinking]

Two of my favorite Fintech dudes. Well done Jack and Mario!

[joeysocks]

Wow, 2 of my favorite guys on YouTube. Excellent interview and information 👍🏼

[johnnagle]

Two of my favourites leading the way against financial tyranny

[normal_norm]

Great panel. And it's always fun to listen to Jack talk about China. Good for a laugh but I'll listen to a couple other Americans who live there for reality. Mario knows as well but he wasn't asked.

[Carlos-imhn]

interest rates are rising and so are Gold and Silver; just like the 1970's. This is like an Austrian crack-up boom. Real inflation on the rise.

[QuaaludeCharlie]

Thank you gentlemen . This was fun :) QC

[deriklewis]

Love seeing Mario's dog kicking back on the couch and taking it easy! We are talking about world wars and financial collapses... better to be a dog these days!

[georgebasonathan]

I'm so happy I made productive decisions about my finances that changed my life forever, hoping to retire next year.. Investment should always be on any creative man's heart for success in life

[CobraPR]

Which of the big 4 audit - consultant firms are the auditors for Nyvidia? 😅 On going concern? 1999

[kingedoftheworld]

lol Japan being passive is the biggest April fools joke ever

[whiskey_tango_foxtrot__]

Engineers make the best financial analysts!!!

[KoDeMondo]

Three hundred trillion dollars. That is the record debt which global governments, households, financial corporates and nonfinancial corporates owed in June 2022, as estimated by the Institute of International Finance. The $300 trillion is equivalent to 349% of global gross domestic product, 26% higher than the pre-GFC figure of 278% (June 2007, see chart 1). The $300 trillion works out to $37, 500 of debt for every person in the world, compared to a GDP per capita of just $12, 000.

[KoDeMondo]

People often overlook the necessity for the mining industry to decarbonize its operations to align with the new regulations outlined in the AGENDA 2030 sustainable development goals. Having worked in the cargo shipping industry and maritime law, I've witnessed the implementation of various measures such as ballast water treatment, gas scrubbers, EEDI/EEXI, EPL, and underwater acoustic reduction systems to meet these guidelines. While I'm uncertain about the specific steps mining should take to follow a similar path, it's evident that the price of iron ore has been declining since its peak in 2021. China, seeking alternatives to Australian iron ore due to sustainability concerns, faces challenges in obtaining green steel certification for its products. Additionally, Mexico, a major silver producer, is considering banning open-pit mining. Concurrently, the oil and gas industry is also transitioning towards decarbonization efforts, leading to dwindling oil reserves and higher prices. The industry cites low returns on investment and diminishing cost-effectiveness as factors contributing to this shift.

[KoDeMondo]

You don't need an Oxford degree to understand that if you mindlessly give away money for ten years, encouraging people to go into debt, and then suddenly do the exact opposite, the country will go into disarray.

[davidbradley]

Great video. We The People will demand that our monies be paid back in full. Paying in $600K average in payroll taxes over a 40 career should generate $95K at a mere 5% return. The government wants to pay back $40K per year? We The People paid into this....etc.
These people/politicians need to get this right.

[KoDeMondo]

the challenge faced by home investors who are hesitant to sell their properties. The potential for profit still exists, so why not take advantage of it? Additionally, there's the issue of repaying capital gains tax. Although they might earn some money, the surging property values in recent years mean they'll likely have to reinvest the proceeds back into property, making it a less worthwhile endeavor. It creates a loop where they can't break free, unless they subscribe to unfounded conspiracy theories and decide to sell everything. Ideally, avoiding property ownership altogether might be a more sensible approach. But the main question remains they will do it??

[cg]

Anyone have any idea what Gold price would be if inflation was actually factored in?

[alisra]

You don't know anything about China 😂