The Global Monetary Reset Has Begun
Published: 2024-10-03
Status:
Available
|
Analyzed
Published: 2024-10-03
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Increased gold buying by China, Russia, and India has contributed to a surge in gold prices over the past 12 months.
"we've seen China ramp up their gold buying Russia has been ramping up the gold buying and even India has been loading up on gold and this is part of the reason why we've seen gold prices surge over the last 12 months"
Pending
The US dollar is a fiat currency, its value is based on government decree, not backed by precious metals, unlike its historical backing.
"the United States dollar is a fiat currency meaning it's a paper currency that has value because the United States government says that the dollar has value it's not backed by any precious metal like physical gold or anything like that although it used to be we used to have our dollars backed by physical gold"
Pending
The US dollar was completely removed from the gold standard by President Richard Nixon in 1971.
"it really wasn't until the early 1970s that the dollar was completely severed off of the gold standard when President Richard Nixon in 1971 completely took the dollar off of the gold standard"
Pending
The US national debt has increased due to government spending exceeding revenue, contributing to significant inflation over the past five years.
"the government's national debt has been racking up because the government keeps spending more money than what they bring in and this has contributed to the big inflation that we've seen over the last 5 years"
Pending
The Federal Reserve targets a 2% inflation rate, believing it is low enough not to negatively impact the average consumer's daily life.
"The Federal Reserve Bank just wants to see 2% inflation because they believe that this 2% inflation is low enough that it doesn't affect the everyday consumer in a way that would negatively affect them dayto Day"
Pending
Approximately 30% of the country's spending originates from the government.
"about 30% of our country spending is from the government"
Pending
In 2019, despite a seemingly strong economy, the Federal Reserve cut interest rates by 0.75% due to concerns about a potential slowdown, and the stock market (S&P 500) rose by 28% that year.
"back in 2019 we were already in a supposedly strong economy but the Federal Reserve Bank began cutting interest rates preeminently because they were worried about a potential economic slow down ahead so the Federal Reserve Bank cut interest rates by 0.75% in 2019 and the markets Rose by 28% over the year"
Pending
During the 2008 Great Recession, the Federal Reserve cut interest rates by 4.75%, but the stock market still declined by over 38%.
"let's go back to 2008 the Great Recession and during that time the Federal Reserve Bank cut interest rates by 4.75% and Market still fell by over 38%"
Pending
In 2007, the stock market reached new highs, and despite the Federal Reserve cutting interest rates by 1% due to economic worries, the market rose by 32%.
"let's go back to 2007 the stock market also broke a new record high but the Federal Reserve Bank was cutting interest rates out of worries of our economy they cut interest rates by 1% and the stock market Rose by 32%"
Pending
In 2003, the Federal Reserve cut interest rates by 0.75%, and markets rose by 26%.
"let's go back to 203 in 2003 the FED cut interest rates by 0.75% markets Rose by 26%"
Pending
In 2001, during the dot-com bubble, the Federal Reserve cut interest rates by 4.75%, and markets fell by over 9%.
"then we go back to 2001 The Fed cut interest rates by again 4.75% this is the dot bubble and markets fell by over 9%"
Pending
The speaker's entire real estate portfolio is cash flow-producing.
"if you look at my real estate portfolio 100% of it is Cash FL producing"
Pending
The speaker's speculative investments include startups and cryptocurrency, acknowledging their high-risk, high-reward nature.
"my speculative Investments are things that I know could make a lot of money but can go right back down to zero and I understand that I invest in startups those are my speculative Investments I also invest in crypto those are another part of my speculative Investments"
Pending
2% of the speaker's portfolio is physical gold, viewed as 'doomsday insurance' for saving hard money, rather than an investment.
"2% of my portfolio is physical gold I don't look at this like an investment I look at this as a way for me to save hard money because well just in case something bad happens it's that doomsday insurance"
Pending
The US government is projected to spend approximately $6.5 trillion, which is $2 trillion more than its projected tax revenue.
"the United States government is on track to spend about $6.5 trillion which is about $2 trillion more than what the government is going to bring in from taxes"
Pending