We are on the brink of a historic recession. There will be pain, but this also brings with it a wealth transfer opportunity that might come only once every generation. We are seeing assets across the board, from stocks to real estate and precious metals start to crash and if you want to build wealth, you need to prepare to scoop up these assets on the cheap. The economy is going to get worse, but this won’t last forever and a recovery will happen. And you want to position yourself to take advantage of this when the time comes.
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✅ Timestamps & Chapters:
0:00 The Great Wealth Transfer Is Coming
2:35 This Will Be A Global Crash
3:56 Prepare For An Earnings Recession
5:51 Cash Is King
8:04 Have A Strategy
9:58 Assets Will Be On Sale
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Helpful videos for gold investing:
– Start With Silver Or Go Straight For Gold?: https://youtu.be/rDy3xOuC0j8
– How Much Gold To Own: https://youtu.be/pnildJSdmnY
– How High Can Gold Prices Go: https://youtu.be/aaHTVACqGYg
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5 Comments
First! 🏆
When all of this started I quit my job and got hired on at a China owned pork processing facility…. I figure food will be safe and it’s owned by China…I also donate plasma twice a week and that is the money I live on
So all of these youtubers should have stated to hold cash not buy metals. These channels are very misleading.
Time to stay really defensive and take minimal delta risk.
Will buy gold monthly.
Can't see the benefit of holding cash when hyperinflation is possible and bank closures in the discussion.
As for stocks, totally ran to value at this time. Bonds seems to be a trap, especially if Dollar collapses.
Will wait and see about land, right now it is still way too high.