In this video, we give you the latest breaking news on the current state of the dollar and economy with David Moadel of portfolio wealth global. What are the prospects of the stock market, crypto, and most importantly the dollar? Unfortunately, the data is in and yes the dollar will crash!
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PATREON
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OH YEAH since we are not corporate or government owned help us out
We take Crypto Coins
Bitcoin – 1F6oeUnhXfr5UMC95apbJg7CLjm3BUrT8V
Dash – XiZebHViTKxjngJ8U8Gekbz34XDcMjKe29
ETH – 0x9124589c4eAD555F04a7214214c86EA80E129abB
Bittube – bxdigY3LEr3hL2cScYqTJaiafeDxhpt9bK9FcxXbkuFeDyc9sZfF97iAmqSPR6NyfQ8wp34d7PeAU95gsZYQBpib1YEKz5aY4
I mean it’s been crashing for like a hundred years 😉
+Philippe B Probably. Sarcasm is my nature.
1900 value of 100$ = 100$ 2000 value of $100 = .10¢
totally inflated the currency over the century.
Nail it
I’m guessing you’re too young to have a reference here…
Buy GUNS AND GOLD and food/water
Gold is over priced. I been buying silver rounds. Much cheaper. Im also buying junk silver incase i need to barter
If I need to break into my food and water supplies, I will have no use for your gold. It will be worthless to me.
Welcome to Red Dead 2
Aha. So as people start to get desperate in an economic meltdown and everyone is armed to the teeth and as it all starts to descend into anarchy, how do plan to survive in constant shoot outs?
I take that back. When the bullets get scarce, we can melt the gold down to cast bullets. So like $1k today to cast like 10 bullets then. I’d invest in lead bro lol.
More money in debt, than actually in world bank. Money is fiction. So is economy.
+Slappy The Constitution which was created to fight the Bank of England (Rothschilds) specifically defined currency in terms of “assets” and not “debts”.
That’s why worldwide debt stands at $86k *per person* and continues to grow.
Debt based currencies have to get worse just like a Ponzi Scheme because they are effectively the same.
This was why the Founding Fathers banned debt based currencies.
Economy isn’t fiction. If you’ve ever traded anything for anything, you were part of an economy.
effort/work/output rewarded by a fungible instrument – that’s money.
double think
+Slappy
All countries should tell them to piss off.
this guy’s a dead ringer for peewee herman.
I half expected the chair in the background to start talking & moving around
+LordCommander Bram Indeed he is
David, i will ask my best friend Mike Nick Ger what he thinks. He has a degree.
+scott boysen Cool, I’ve got one of those degree thingies too. Not really using it much lately though.
I first started reading this was think Luke then dude came on funnest shyt I heard all week.
The USA brand is not appealing anymore. The USA=war, debt, slavery, meth and heroin addiction, homelessness, police brutality, illegal immigration, election rigging, Russian meddling, welfare, regulations, licensing and registration of every thing, fake news, free speech censorship, lying about WMDs, riots, school yard massacres, UN occupation, Israel First, failed education system….The USA is an illusion of freedom and the American people are waking up! The USA brand is losing and the USA is about to collapse!!
Have you ever had to depend on primitive tools, your hands, and own intelligence to survive? Much of native American existence revolved around getting and preparing food/water, clothing, and shelter. Leisure is a modern concept.
Federal reserve notes NEED to crash, they are WORTHLESS. Keeping them propped up is what keeps Americans and other nations enslaved to the banksters. We need our own currencies.
Casting blame is not useful for my purposes. I do not have the illusion that any one sect of the populace (regardless of distinction) has enough power over my Fate to make it any more than just another challenge in the “funnest game” of all.
I take responsibility for all of it.+TheHooseNutz
They are the zionist probably, banking and media.
You give them the status ‘as Gods’ over your Fates. You seem to believe you are powerless over these forces and ‘other interests.’… Do you *worship* them? +Alternative Facts Survivor
+Charles Patterson no, no, and of course no, if wasnt them would be other, we are fighting corruption and entropy, all structures that one of if not the principal structure that sustain it are ignorance, reveal it self to be very weak.
I can’t argue with those facts! +Alternative Facts Survivor
Most of us little people don’t have Any assets to invest in precious metals. Just get ready to do without all the comforts and excess we are used to.
I’m sick of hearing about this. (No offense, Luke) It’ll happen when it happens. And it’s unpredictable.
Store up toilet paper, soap, alcohol if you do not drink beans and things people really need.
Those that buy precious metals only get paper when invested. I also agree with you, money is tight plus why would anyone buy on paper, gold, silver, etc etc. Stupid begets stupidity.
+Farming and Gardening in the South Southern View You can buy physical gold & silver; also your ‘money’ is paper
i used to say stuff like OP, not so long ago even, but for me it was a problem of not knowing how to manage money
the majority of ppl live on credit and dont realize THAT is the problem
if u spend more than u make its almost always going to go bad
get urself under budget and then learn for urself what is a good way to invest that extra u have to gain the most now
Well. I live paycheck to paycheck, no 401K, draw retirement from law enforcement agency I retired from. I hunt for my own food, have canned goods stocked in every room. Burn wood to heat my home, have many weapons, lots of ammo, come to be in a grid down situation, you won’t make it over my fence, and even if for some reason I allowed you to, I wouldn’t trade you a bottle of water or canned food for all the “precious” metals you can pack up the mountain. Just me.
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Way to destroy faith we are strange! Just be sure to throw gas on the Sparks. That’s the right thing to do
I am a former soldier and I can tell you: Surely nobody can make it alone …
a plan and a united community is fundamental
The truth of the matter when it comes 2 the dollar is the fact America controls the Petro dollar, a world currency ! The only way the dollar collapses is WAR the economic warfare , sanctions , trade embargoes with China is just the start America will not go down without a fight
I made 15k shorting EA stock, half of which will be going into silver.
Hope everyone else is getting ready.
The guy who predicted the crash michael Burry also predicts the same.
Interestingly investing in Gold does not make you own any Gold…..
+Eric Linz
wrong wrong. for every ounce they have they sold over 400 ounces in paper Gold
WaynesWorkVlog Well they confiscated gold in 1933. Pres. Roosevelt.
+Multi Verse
duh, thats what i said above… its 2018, that was 1933… it happens every 100 years or so… damn, thanks for reiterating my point tho… lol
+Multi Verse
my main pont, since you clearly r/whooshed it…
they don’t need to take gold from people anymore. they can close all accounts, freeze em, ban em, crash that currency, whatever they want. you will lose all online accounts. bet.
the point is to bankrupt the people and make them totally subservient to the gov.
as we can clearly see from history.
Some great points made here. It’s nice to read some intelligent points made here.
You will know when the dollar starts crashing , when the price of precious metals starts skyrocketing and so far thats not happening .trust me i have been waiting and all i hear is Wolf ! Wolf ! Wolf! and no wolf 🙁 So keep preaching it time is on your side
the key to persuading someone to buy your product is to create urgency; to induce as much fear as possible in order to convince them that what you’re selling is what they need.
precious metal will still be stable it will never goes skyrocket
you wont get super rich investing in its it just that your asset will be safe
Chris Costello
PM is being devalued by the banking sector and the stock market gurus.
right now the price is suppressed on precious metals. it’s prolly a good time to pick up some silver.
Some commodities as well
Before markets crash, buy more guns and ammo.
use cash, not credit
blessings 2 all!
@Unperson84 And before the Democrats make it illegal. It seems they’re committed to destroying the second amendment at all costs. Eighty percent lowers are the best route to take.
Buy your guns on debt. When they come to collect, shot them.
It’s been crashing since JP Morgan fucked about with the stock exchange
Have you seen the new three part series at CorbettReport:
“The WWI Conspiracy”
Very well done and like the video “Everything is a Rich Man’s Trick”.
Eric Linz
I have, Corbett is awesome.
When isn’t there a global financial crisis?? xD Since 9/11 we have lived with dozens of financial crisis!
Manni
But those were actually based on events.
This time it will be based on our system being unsustainable.
I predict when it happens it will be worse than the 29 depression.
I also predict a small adjustment before the actual crash comes.
This adjustment is now happening.
There will be a short recovery of maybe a to several years.
I predict the main failure will be in the early 2020s.
America will do anything to save the petrodollar…. ANYTHING…even war
+styouer lastsent what are you… twelve?
@andrew wright Yes, if the petro dollar goes it will also cause massive death just like war
War, we’ve been doing that, and it’s no longer working.
+Nothing to Lose America has them plastic coffins we have all see ready to go. Government is like a boy scout…always ready
Is this why Homeland security is now recommending all Americans have 6months of food on hand? I know the reason given was the possible attack on the grid. But if Ron Paul is right, this will be a bad experience for a lot of people.
Fatjohny100, they’ve been saying that for years……
blinded journeyman, learn to hunt and forage
Yes, now is the time to buy what you really need. One of my favorites is Hormel corned beef. I love the taste and it has a four year shelf life. White rice is also good, it has an indefinite shelf life.
The question is prep but for how long? 3 months? 3 years?
I can’t wait to watch Dindu Nuffins and his family starve to death.
Actually when the market crashes like in 29, the best investments for the average Joe (meaning no portfolio nor gold or silver because food and heat are more important) is the dry goods market: dried beans flour dried meat … something that might sound weird booze and tobacco (for the addicts) something that you will be able to exchange when money is no longer available
Ron Paul and peter schiff have correctly predicted 29 of the last 2 recessions.
yes they have and thats why they are richer than you
Lol
The perfect excuse to fully implement the cashless worldwide system…