Global Asset Bubble 2020 Update - The World Has Gone Mad

Global Asset Bubble 2020 Update - The World Has Gone Mad
In today's video I share my updated thoughts on a range of topics relating to the global asset bubble. This video will dive into stocks, bonds, interest rates, property, currencies, central banks, retirement crisis, debt, banks, governments, Bitcoin, Gold & Silver. With so many distortions in global asset markets another financial crisis or collapse of world asset markets becomes more likely with each passing day. #Finance #Economics #Bitcoin

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❗ DISCLAIMER ❗

Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind.

Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.

The viewer should always:
1. Conduct their own research,
2. Never invest more than they are willing to lose,
3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.

[wrongthink]

The well being of the people should come first in any society. Our current system is totally sick.

[UToobUsername]

They prefer dishonesty. Having the illusion of wealth is more imortant than actual wealth.

[PCgonemad-ihpr]

When this all tumbles down, both NZ and Australian governments - will say, This is a once and a lifetime event, that nobody could predict!! 🇳🇿🤣 great vid cheers

[roar]

Thanks Nugget's News, always keeping us Up to Date with the news. Best channel on YouTube.

[crazylegs]

So if I lose my job the central bank will print billions and give it to the banks, corporations, hedge funds and investors. Phew, thank goodness. I was worried for a minute there.

[mrwolf]

Our prime minister SloMo calls for a royal commission into the Bushfires?....yet the RBA is more than happy to send our dollar down to the Pacific Peso levels. There needs to be a royal commission into the operations of the RBA!

[TheFox]

Killer video Alex, brilliant macro recap!
Totally agree, the fundamentals are out the window, but this can still go on for quite a while... haven't had any taxi drivers tell me they've just put all their money into stocks, so we haven't hit the top yet. That being said I already hedged with gold and silver last year (100% agree GDX is due for a catch up too) for when the inevitable occurs.

[markmathews]

thanks nugget, the times are a changing

[mackelby]

Bought 50 lbs of rice and beans last weekend. Buying loads of liponase vitamin c this weekend. That word is spelled wrong. It's the vitamin C that is 80% available.

[rodneygrinter]

Real Vision is a great avenue for awareness.

[jonathantodd]

Lovin the content lately man. Joined up to your group too. Surely this cant keep going on for much longer until a crash?

[MrADTNZ]

IF/When this bubble pops its going to be at another level

[falakoala]

I think realities are slowly seeping into Australia. The aud was slammed today. Everyone on USD software subscriptions will be in pain and that's not going to get better. Cash is trash and everything else is high risk 😰 wages not moving up. All hard assets are. The average good dollarmite saver is going to get evaporated and not even understand how it happened. Boomers now have to live for 20 years not employed. Unless they owned 2 houses the equity hardly matters. You still got to live somewhere.

[JettyBuilder]

The clock is ticking Mr Nugget, thanks for the informed updates

[justiceg]

my aussie super fund is probably the only one not to go up over the last 5 years as they focus on shorting and hedging, what you would expect to do well if not for the QE scam

[philipjames]

Whichever way one looks at it, the BIS upgrade of gold from Tier 3 to Tier 1 status is highly significant and hugely bullish for the metal. I would buy it on the strength of this development alone. This decision doubled the value of many thousands of tons of gold held by Reserve banks around the world. Think about it!

[isabellajones]

I would add, I live o/s, and use US$. For the past 5 months or more, the exchange rate has been in the 0.56 - 0.58 region. I have no idea where people get the idea from that it's 0.65. Neither the Commbank, nor Western Union nor Visa card give that. My Aus income is shrunk from being $ for $ 5 yrs ago, to half. And no sign of any improvement.

[bradthekiwi]

$AUD is now almost in $0.65 is loving it

[NebulaMusic]

. Very few crypto youtubers have a good understanding of the economy generally (it’s mainly indirectly through interest in crypto) but you seem to have a solid understanding of what’s going on. Thumbs up.

[shingnosis]

System is fundamentally broken and central banks working in tandem are part of the problem. We're heading towards a Weimar Republic 2.0 scenario but this time all the major economies around the world are marching hand in hand and it's going to happen on a global scale. Fundamentally it's about human psychology, everyone wants a free lunch and easy solutions. The political will for real solutions, which might take 10 years of hardship to play out, are less than nil.