Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🔥 Market MELTDOWN 🔥 - THIS is WHY! - (Gold, Silver, Crypto)
Transcript
- 0:00We have a massive amount of fear and anxiety in the markets right
- 0:05now. In this video.
- 0:06I do not want to scare you more, but I do want to share with you
- 0:11the reasons why this is happening so that we can be
- 0:16prepared for what could be coming down the road.
- 0:19Look, over the last few days we've had near record drawdowns
- 0:23in the stock markets. This is a big deal, but let's
- 0:27talk about why it's happening and what we could possibly
- 0:31expect as we move through the coming hours, days and weeks.
- 0:43The first thing we have to recognize is that we are in a
- 0:46period of massive change right now and it's happening at a very
- 0:51fast pace. Look, right now the Department
- 0:55of Government efficiency is in the process of eliminating
- 0:59thousands of jobs that is going to have that is having a major
- 1:04negative impact on the economy. This is not a political
- 1:08statement, has nothing to do with politics.
- 1:11We're just stating the facts. This is all happening very early
- 1:15in the new presidential administration.
- 1:17It's been what, 8-9, ten weeks? And this is already had a major
- 1:22impact on things like employment in this country and will
- 1:26continue as we move into the coming months.
- 1:29The economy will feel the reverberations.
- 1:32But on top of that, also in these first few months, we get
- 1:37news of the massive tariffs being placed on almost every
- 1:41country throughout the world. This is unprecedented, and not
- 1:46only does it send massive reverberations within the
- 1:50world's largest economy, the United States of America, but
- 1:54this has major impact on the world economy as well.
- 1:59On top of that, we're facing a geopolitical situation in the
- 2:03world, wars and conflicts that aren't calming down and in some
- 2:09instances even getting worse. We have this trifecta of
- 2:14influencers that are impacting what is going on in the world
- 2:18and creating massive, massive amounts of fear.
- 2:23Now, this in a market environment where stocks were
- 2:26already in bubble territory. And I got some bad news for you.
- 2:31They still are, generally speaking, in bubble territory,
- 2:35despite the fact that in the last two days we've seen 11
- 2:40trillion dollars of value erased from the stock markets.
- 2:46A record. OK, 11 trillion, that's like 1
- 2:51trillion is equal to 1,000,000 * 1,000,000.
- 2:54That would be like 11,000,000 millionaires losing all their
- 3:00money. Imagine like how many people is
- 3:0311,000,000? That's like Chicago and Saint
- 3:07Louis combined, right? And all of those people lose,
- 3:11losing $1 million on top of that.
- 3:16Sorry, I promised I wasn't going to try to scare you, but I'm
- 3:19just telling you the facts here. On top of that, we're in a
- 3:22situation in the United States, the world's biggest economy,
- 3:26where we have a debt level that's through the roof, $36
- 3:30trillion, a debt level, right, That most people who can work a
- 3:35calculator can see that we're in a debt spiral in this country.
- 3:41So that's the bad news. That's the reason why we find
- 3:45ourselves in this position. Some people will say that it was
- 3:48inevitable, right? You can only live beyond your
- 3:51means for so long. Whether you're an individual, a
- 3:54family, a company, a church, a country, no matter what,
- 3:59eventually the laws of mathematics apply.
- 4:01But what's going to happen next? There's a lot that could happen,
- 4:06all right. We haven't heard anything from
- 4:08our current president Donald Trump in regards to his hardcore
- 4:12stance on these tariffs. I'm recording this around noon
- 4:16on Sunday, the 6th of April 2025.
- 4:19We could get a statement from the White House that eludes to
- 4:24them softening or negotiating with some countries that could
- 4:28on Monday send the markets flying higher.
- 4:31We could hear from Jerome Powell, even though Jerome
- 4:35Powell just on Friday alluded to the fact that there were no
- 4:39immediate plans to adjust monetary policy based on the
- 4:43current situation in the world economy.
- 4:45Look, Jerome Powell changes on a dime, and we know from
- 4:49experience that what he says and what he does are often two
- 4:54different things. But in the big picture, the way
- 4:58this plays out is one of two ways, guys.
- 5:01Either we have more money printing, right, to deal with
- 5:06paper over the rot that's going on in the US economy right now.
- 5:12That's what they've done basically since 1999 and in
- 5:16earnest since 2008. Print, print, print, print,
- 5:19print. Inflate away everything right,
- 5:22Make everything OK, no consequences for anybody.
- 5:26Or the other option is right, which is probably less
- 5:30palatable, but in real terms, pretty much about the same thing
- 5:34that we get a big bad recession, may I say, right, Potentially
- 5:40even a depression. I don't know, right?
- 5:43But it will work out one of those two ways.
- 5:47I predict they'll go with money printing.
- 5:49It's the easier, softer way. It keeps the politicians in
- 5:53office. It makes everything seem OK,
- 5:57right? It's the short term medicine
- 5:59that they paper over the problems.
- 6:02And in the end, right, at some point, the United States is
- 6:06going to have to face the reality that we need to balance
- 6:08our books. I digress.
- 6:10This was really about telling you why, what's going on right
- 6:15now, why the reasons why we're facing this situation.
- 6:20It'll be interesting to see how it plays out.
- 6:22Thank you for watching. OK, Thanks for being part of the
- 6:24basement. Don't forget, don't forget.
- 6:26Please, like, share, subscribe, and make sure you come back.
- 6:31See me again down here in the basement.
- 6:33Thank you.