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Want the cheat code to protect and grow your wealth? Check out Rebel Capitalist Pro https://rcp.georgegammon.com/pro
All downturn are scheduled by the fed in their attempt to drain our and everybody else economy. Central foreign owned banks is why there is a business cycle🎉
This George guy is maga
J bravo is a good mentor
@@richardkemp1525j bravo is maga
Let us know when you’re about to sell would you? 😂
What crash are we on now? I fell like these YouTube channels have been talking about an imminent crash for going on 6 or so years now. Eventually you’ll be right but the amount of profit people have missed out on due to this perpetual fear narrative is fucking unreal.
Yeah over 120% missed if you sat out the market for 6 years
1300 to 3650 hmmmm goober
He told you to buy gold , which has doubled that performance in that time frame … so listen harder I guess
Around 2018 I noticed an uptick in the fear mongering, infact you can youtube (recession 2018)(-2026) and find a video for each year! Its the new business model unfortunately
You don’t have to worry about missing out when the market crashes it’ll wipe out 10 years of gains
Is it a bubble or are currencies failing?
Both
@@thatman6488 yes.
@@thatman6488Starting to look like a Venezuela scenario.
Yup, both
Good point, a lot of other countries have been moving money into US stocks because of their own currency issues, I forgot about that
At minimum take profits and pay off debt.
Why? That would be responsible and we would never get enough leverage in the system to crash. Guys like you are killing all the fun.
George : The only ones that make money are the insider trading in “Congress” !
They are doing Gods work.
Just buy NANC or GOP etfs
Then do what they do.
I’m preparing to start a garden next year. At least I wont starve when the market crashes.
Maybe you should learn how to make your own underwear out of old burlap potato sacks too while you’re at it 😆
Until the Bolshevik’s come up with a fine garden tax.
Yes it’ll work for a few yrs bu some day home gardens will b illegal
I was shown this back in 1997
I assume it’ll be monsanto pushing for this
But im going to build a greenhouse n hope to be able to grow food at least for a few yrs
Home gardens are high cost and low output. Just stack long term storage food and grow some fresh herbs and tomatoes.
I’ve been through the options and done the math on costs. Stack food, grow herbs and tomatoes.
Better get cracking on that garden. I have tried for four years and I suck at it. Not as simple as planting seeds, that’s a start and then watch.
I’ve mostly stayed in the market but I don’t believe in it at all. Whatever was left of capitalism ended in 2008. Interventions have created inflation and oligarchy among many other things.
Should have taken our medicine and allowed those big banks to fail. I know it would have been a world wide crash, but we wouldn’t be facing this future disaster. Just my opinion of course.
@@richardallen1816No, I believe you’re absolutely correct. Citizens United along with the bailing out of banks instead of people laid a strong foundation for how things should be. And it’s the way things have been for a long time: there is no more room for the common man. There are the elites and then the scraps the rest of us fight over.
Hi as a lesbian , I totally agree with this
grift economy has made this place a Ponzi capitalize it and get out
Exactly right, I posit that there has been no organic growth since 2009 & all ‘growth’ since 2019 has been state funded.
The Buffet indicator has been at a crazy level since 2018, yet ever higher we rise.
It’s not over-levered enough yet. That seems to be what causes and ultimately bursts bubbles. We need euphoria and excessive leverage driving prices to insane levels, not companies like Nvidia simply being given high valuations because of a revolutionary new technology that is delivering a lot of value.
And harder we will fall. It’s inevitable.
It’s just a bunch of perma-bear BS. A broken clock gives the right time twice a day and that’s what these ****ing Gammon guys are like — just broken clocks spewing endless unfounded fear and BS
@@ericwood3709 as soon as Biden spoke of 80 billion into chip manufacturing millions immediately poured into companies like Nvidia. Of course they all got in first, likely recommended by Nancy Palosi. They will get out first too lol
Buffet is still holding his stocks. However, if you have any earnings, you should probably cut them by 50% right now since nobody really knows how the market is going to react to these recent changes.
I can predict the stocks, when I buy they fall and when I sell they go up
🤣
Story of my life 🙃
😂😂😂 I’ve done that at the beginning of my investment journey.
Hugh sigh ! Welcome to the club.
thats why you hold
Asset prices in real terms are not going up.
The value of the dollar is going down and down faster and faster.
Everyone is counting their profits wrong.
Global Venezuela, all currencies are going down compared to assets. That doesn’t mean there won’t be short term crashes along the way, governments can’t afford negative GDP because they’re all in massive debt, so their currencies are all failing to maintain the global GDP/growth illusion.
It’s not just the dollar it’s every currency, many are much worse than the dollar.
Say hello to Zimbabwe 🇿🇼
Then why is total market capitalization vs. M2 at highest levels ever?
@@KippinCollars foreign buyers, look at global debt, Money supply. They shifted from US T-bill holdings to stocks.
@@kentcontreras4692Yeah could be
He’s preparing for death and everyone thinks he cares about markets lol
lol,,, just bury me in my giant vault of cash!!!
He told his wife when he dies: 90% SPY 10% Cash
The dumb money have never been more complacent than right now.
When you said it crashes, I end up buy more and I have tripled my money already. Thank you!
Summary of the video: You don’t know what you are doing, he will teach you, all you have to do is give him your money.
Yes, and share information AFTER its +65% up 🤦🏻
exaaactly
To make a stronger case it would be beneficial to show your yearly returns and how much your strategy outperformed SP over the last 10 years.
Mevstake: Because I like my money working harder than I do.
The average hedge fund isn’t beating the market this year
Warren Buffet just bought 5 million shares of United Health worth 1.6 Billion.
it was like a month ago
@@thisiswherethefunbeginsand it was after a sell off to make it actually worth investing in
All these indicators have been wrong in current times. The market will crash when the current technology boom starts leveling off to a plateau and investors pull back causing a ripple effect of everyone trying to get their profits out. I’m not an expert on any of this but my feel is that we still have a few more years of boom before real danger hits.
Thank you! George Great presentation and excellent information as usual!!