BRICS Summit Bombshell: The New World Order in Finance
Published: 2024-11-11
Status:
Available
|
Analyzed
Published: 2024-11-11
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
BRICS Pay aims to achieve independence from Western payment systems by the end of 2024.
"they say that their goal is to be independent of Western payment systems by the end of 2024"
Pending
The BRICS alliance could challenge the US dollar's status as the world's reserve currency.
"if bricks has its way that could change"
Pending
A potential BRICS-backed commodities exchange could impact oil and grain prices.
"we're talking about a bricks backed Commodities exchange potentially and if it actually gets traction oil and grain prices might start to shift"
Pending
The US dollar's usage in international trade could decrease if alternative systems gain traction.
"and if this alternative takes off we might see the dollar be used less and less in international trade transactions"
Pending
Continued printing of US dollars to pay debt is projected to lead to increased inflation within the US in the coming decades.
"and if we continue to print more dollarss as a means to pay our debt which is projected that that's exactly what's going to happen in the next few decades more dollars will stay in the US and more dollars at home means more dollars chasing fewer Goods which means prices will continue to go up"
Pending
Over 85% of surveyed high-net-worth individuals consider art a safe investment compared to traditional assets like stocks.
"UBS actually did this amazing study showing that over 85% of high net worth population that surveyed felt that art was a safe investment compared to traditional assets like stocks"
Pending
The international art market is experiencing significant growth, with ultra-rich individuals from China leading expenditure for the past 1.5 years.
"not just that the Art Market is actually growing like crazy internationally right now with the ultra Rich from China having the highest expenditure on art for the last year and a half more than double that of any other region"
Pending
Masterworks has achieved annualized net returns of 17.6%, 17.8%, and 21.5% from their 23 sales to date.
"not to mention they've delivered annualized net returns like 17.6 17.8 and 21 half% to investors from their 23 sales to date"
Pending
On a scaled representation of global assets, Bitcoin currently represents only 17 cents out of a $100 total, suggesting it is significantly undervalued compared to traditional assets like bonds, real estate, stocks, and gold.
"imagine the combined value of all this stuff is $100 this $900 trillion world is actually worth $100 right on that scale Bonds in real estate take up most of this with $33 in bonds and $36 in real estate Stocks by comparison hold a very tiny $11 or so and gold holds a tiny $1.78 now you might look at Bitcoin right now which is in the 70,000 or whatever it's at right now and think that's expensive right that's probably too late to buy now well today on this scale Bitcoin is a fraction of a dollar today it represents 17 pennies of the $100 bill that makes up the world's assets"
Pending
A hypothetical scenario suggests a shuffling of assets into Bitcoin, with potential inflows of $5 from real estate, $2 from stocks, and $0.50 from gold.
"all that's going to happen is just a re shuffling of a small percentage of assets shifting toward Bitcoin like a deck of cards being reshuffled right same deck just a different order now here's the hypothetical scenario let's say maybe $5 comes out of real estate and into Bitcoin maybe $2 comes from stocks and into Bitcoin and maybe 50 cents comes from gold and into Bitcoin"
Pending
By 2045, with global wealth quadrupled to $4,000 trillion, Bitcoin is projected to represent $7 out of $100 on a scaled representation, indicating significant growth.
"fast forward to 2045 20 years later and I think the world would look closer to this the world's wealth is now 4,000 trillion quadruple what it is today on that scale Bitcoin is still smaller than almost everything else just like today except now it's visible on this scale because out of $100 Bitcoin is now $7"
Pending
Bitcoin's price is projected to exceed $13 million per coin within 20 years, equating to an annual compound growth rate of approximately 28%.
"what's bitcoin's price over $13 million a coin over 20 years that's an annual compound growth rate or kager as the nerds like to call it of a very reasonable roughly 28%"
Pending
New institutional participants such as states, BlackRock, banks, countries, and pension funds are expected to drive Bitcoin adoption.
"not to mention new participants like States Black Rock Banks countries Pension funds"
Pending
Generational wealth transfer is expected to lead to a shift from less performing assets like bonds, gold, and real estate into Bitcoin by younger generations.
"the generational wealth transfer as kids inherit money from their parents their grandparents they will sell some of their less performing assets like bonds and gold or maybe real estate that is too expensive that they don't want to maintain and they'll put that somewhere that is performing something they do understand which for my generation is Bitcoin"
Pending
Following Trump's reelection, US banks are predicted to begin offering Bitcoin custody services and potentially yield on Bitcoin holdings.
"and now that Mr Trump is reelected and anti- crypto people are out of the picture I think banks will start to custody our Bitcoin and hold it for us and maybe even offer us a yield on it like a dividend"
Pending
US adoption of Bitcoin as a strategic reserve would significantly elevate its status.
"and if the US adopts Bitcoin as a strategic Reserve we're talking about a whole other level"
Pending
20% of the speaker's net worth is allocated to the VTI ETF, representing the entire US stock market.
"and the other half is in an ETF called vti which represents the entire US Stock Market"
Pending
20% of the speaker's portfolio is in real estate (primary residence and a rental property) for stability and security.
"20% is in real estate across my house and one of my rentals because that's my base of solitude if all else fails I got a place to live"
Pending
If BRICS successfully builds alternative payment systems and attracts more countries, the US dollar may no longer be the sole world reserve currency.
"if bricks succeeds in building these alternative payments systems and they continue to attract more and more countries we could see a world where the dollar is not the only World Reserve currency"
Pending
Inflation is predicted to drive up the prices of assets, not just everyday goods.
"inflation pushes up not just the price of groceries but the prices of assets too"
Pending
BRICS Pay aims for independence from Western payment systems by the end of 2024.
"they say that their goal is to be independent of Western payment systems by the end of 2024"
Pending
BRICS Pay aims for independence from Western payment systems by the end of 2024.
"they say that their goal is to be independent of Western payment systems by the end of 2024"
Pending
The New Development Bank aims to provide at least 30% of its financing in local currencies, serving as an alternative to the IMF.
"now their goal is to give at least 30% of their financing in the local currency of the borrowing countries as an alternative to the IMF"
Pending
The New Development Bank aims to provide at least 30% of its financing in local currencies of borrowing countries, serving as an alternative to the IMF.
"now their goal is to give at least 30% of their financing in the local currency of the borrowing countries as an alternative to the IMF"
Pending
The US dollar's usage in international trade transactions could decrease if alternative systems gain traction.
"if this alternative takes off we might see the dollar be used less and less in international trade transactions"
Pending
If BRICS' alternative financial systems gain traction, the US dollar's use in international trade transactions could decrease.
"if this alternative takes off we might see the dollar be used less and less in international trade transactions"
Pending
By 2045, with global wealth quadrupled to $4,000 trillion, Bitcoin is projected to represent $7 out of every $100 in global assets.
"fast forward to 2045 20 years later and I think the world would look closer to this the world's wealth is now 4,000 trillion quadruple what it is today on that scale Bitcoin is still smaller than almost everything else just like today except now it's visible on this scale because out of $100 Bitcoin is now $7"
Pending
Bitcoin's price is projected to exceed $13 million per coin within 20 years.
"what's bitcoin's price over $13 million a coin over 20 years"
Pending
A potential BRICS-backed commodities exchange could shift oil and grain prices if it gains traction.
"we're talking about a bricks backed Commodities exchange potentially and if it actually gets traction oil and grain prices might start to shift"
Pending
Following Trump's reelection and the departure of anti-crypto individuals, banks are expected to begin custodying Bitcoin and potentially offer yields on it.
"and now that Mr Trump is reelected and anti- crypto people are out of the picture I think banks will start to custody our Bitcoin and hold it for us and maybe even offer us a yield on it like a dividend"
Pending
By 2045, with global wealth at $4,000 trillion, Bitcoin's value is projected to represent $7 out of every $100 of global wealth.
"fast forward to 2045 20 years later and I think the world would look closer to this the world's wealth is now 4,000 trillion quadruple what it is today on that scale Bitcoin is still smaller than almost everything else just like today except now it's visible on this scale because out of $100 Bitcoin is now $7"
Pending
Bitcoin's price is projected to exceed $13 million per coin within 20 years.
"what's bitcoin's price over $13 million a coin over 20 years"
Pending
Continued printing of dollars to pay debt over the next few decades is projected to lead to more dollars staying domestically, increasing prices due to more dollars chasing fewer goods.
"and if we continue to print more dollarss as a means to pay our debt which is projected that that's exactly what's going to happen in the next few decades more dollars will stay in the US and more dollars at home means more dollars chasing fewer Goods which means prices will continue to go up"
Pending
Following Trump's re-election, banks are predicted to begin custodying Bitcoin for individuals and potentially offer yields on it.
"and now that Mr Trump is reelected and anti- crypto people are out of the picture I think banks will start to custody our Bitcoin and hold it for us and maybe even offer us a yield on it like a dividend"
Pending
Increased dollar printing to pay off debt in the coming decades is predicted to lead to more dollars circulating domestically, causing inflation and rising prices.
"and if we continue to print more dollars as a means to pay our debt which is projected that that's exactly what's going to happen in the next few decades more dollars will stay in the US and more dollars at home means more dollars chasing fewer Goods which means prices will continue to go up"
Pending
If BRICS successfully establishes alternative payment systems and attracts more countries, the US dollar may no longer be the sole world reserve currency.
"if bricks succeeds in building these alternative payments systems and they continue to attract more and more countries we could see a world where the dollar is not the only World Reserve currency"
Pending