PREPARE FOR FOOD WARS WORLD WARS AND SPIRITUAL WARS - MARKETS NEED MORE MEDICINE ASAP

jeremiah babe
23 Aug 202422:26

Summary

TLDRIn this video, the host discusses the market's impressive performance with stocks, gold, silver, and Bitcoin soaring, despite the Federal Reserve's rate hikes. He questions the effectiveness of these hikes in controlling inflation, which he believes is higher than reported. The host warns of the potential collapse of the US dollar and advises viewers to invest in tangible assets like gold and silver. He also touches on the dangers of government price controls on food and the importance of addressing personal weaknesses to prepare for uncertain times.

Takeaways

  • 📈 The markets had a positive day with the Dow Jones up 462 points, NASDAQ up 258, S&P up 63, Russell up 68, gold up $30, silver up 80 cents, oil up $1.89, and Bitcoin up $3,300.
  • 📉 Despite market surges, there's speculation about the Federal Reserve potentially cutting rates, which could weaken the US dollar further.
  • 🏦 There's a noted panic buying in assets like gold, silver, cryptos, and bonds, with the 10-year bond yield at 3.79%, indicating a fear of future inflation.
  • 💵 The speaker anticipates increased inflation and suggests holding tangible assets, criticizing the Fed's rate policies as potentially ineffective against rising prices.
  • 🏭 The US economy is criticized for its reliance on imports and consumption rather than production, with concerns about the sustainability of the stock market's growth amidst high national debt.
  • 🏠 The housing market and Social Security are highlighted as potential long-term concerns due to a shortage of young men in the workforce, which could impact economic growth.
  • 💼 A crypto scam led to the downfall of a federally insured bank, emphasizing the risks of cryptocurrency investments and the importance of vigilance against scams.
  • 🛒 There's a warning against potential government price controls on food, which could lead to shortages and increased prices, affecting the availability and affordability of food.
  • 🔒 The importance of self-sufficiency and preparedness is stressed, with recommendations to invest in tangible assets like gold and silver, and to focus on personal weak links.
  • 🗳️ The speaker encourages responsible voting, suggesting that informed choices can influence the direction of the country and its economic policies.

Q & A

  • What was the speaker's forecast for the markets in the previous day's video?

    -The speaker forecasted that the markets would have a very nice day and that gold and silver would also have a positive performance, which came true.

  • What were the increases in various market indices and commodities mentioned in the script?

    -The Dow Jones was up 462 points, NASDAQ up 258, S&P up 63, Russell up 68, gold up $30, silver up 80 cents, oil up $1.89, and Bitcoin up $3,300.

  • Why does the speaker believe that the Federal Reserve should not raise rates?

    -The speaker believes that everything is going up and skyrocketing, and that raising rates would smash the dollar, leading to more inflation and panic buying.

  • What is the speaker's opinion on the current state of the U.S. manufacturing and economy?

    -The speaker thinks that the U.S. doesn't manufacture much anymore and relies heavily on imports, which, combined with record debt levels, raises questions about the sustainability of the stock market's rise.

  • What does the speaker suggest as a good idea for individuals to protect their wealth?

    -The speaker suggests holding tangible hard assets like gold and silver as a means to protect wealth amidst the current economic climate.

  • What is the speaker's view on the effectiveness of past rate hikes by the Federal Reserve?

    -The speaker believes that past rate hikes have been ineffective and may have even contributed to higher inflation and increased costs of living.

  • What is the speaker's stance on the current inflation rate reported in America?

    -The speaker is skeptical of the reported inflation rate of 3%, implying that it is much higher in reality.

  • What advice does the speaker have for those interested in buying gold or silver?

    -The speaker advises to buy gold and silver, emphasizing their historical performance and suggesting that they are a safe investment compared to the volatile dollar.

  • What is the speaker's perspective on the role of the Federal Reserve in the current economic situation?

    -The speaker criticizes the Federal Reserve for potentially sacrificing the U.S. dollar for the stock market by continuing to prop up the markets with lower rates and quantitative easing.

  • What is the speaker's warning about the potential consequences of the Federal Reserve's actions?

    -The speaker warns that the Federal Reserve's actions could obliterate the middle class, the U.S. dollar, and most people's purchasing power.

  • What is the speaker's view on the importance of food and water as assets in the current climate?

    -The speaker considers food and water as essential assets, especially in light of potential price controls and shortages, emphasizing the need for individuals to prepare and secure these resources.

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Market AnalysisInflation ImpactFed PoliciesInvestment AdviceEconomic TrendsGold InvestingSilver MarketCryptocurrencyDebt CrisisConsumer StrugglesFinancial ProtectionEconomic ForecastDollar DeclineAsset DiversificationScams AwarenessFood SecurityPrice ControlsPolitical Influence
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