#1 "Asset" $627 Trillion- Prediction: BIGGEST CRASH of All Time!!! $$$

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  • čas přidán 3. 07. 2024
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    @LocalSilverMint @silver @silverstacking Prediction
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Komentáře • 86

  • @gailcoates3432
    @gailcoates3432 Před 19 dny +15

    Dave you are so right about Financial Planners and Advisors, swap your toilet paper for physical silver!!

  • @cheaplaughkennedy2318
    @cheaplaughkennedy2318 Před 19 dny +8

    Many don’t understand the consequences of the currency destruction taking place and its repercussions.

  • @Spirit-FilledMindset
    @Spirit-FilledMindset Před 19 dny +7

    We are already in a depression. Have ben for over a year. The recession was in 2022.

  • @mlbaker40
    @mlbaker40 Před 19 dny +6

    A credit default swap is really just a bet. Otherwise known as an unregulated insurance contract. If you're the bank holding a loan, and you're looking for protection in the event of a default, I as an insurer collect premium from you and if the loan goes bad I am supposed to cover your loss. This is what pretty much blew up AIG. AIG was unable to meet their obligations when the 2007 crisis unfolded. The obvious problem is that the CDS market is not regulated so there are essentially no capital requirements to be the bookie. History repeats itself.

  • @donmathieu5049
    @donmathieu5049 Před 19 dny +11

    Dave just sit down dude!

  • @gservices8888
    @gservices8888 Před 19 dny +3

    Silver is white gold...........

  • @anarchistgreg4689
    @anarchistgreg4689 Před 19 dny +6

    Best Silver Channel Ever!

  • @user-fw3hc7cr2b
    @user-fw3hc7cr2b Před 18 dny +1

    it's a hedge against currency crisis. that is it.
    if you have some sort of net worth... then 20% should be in physical gold and silver.
    but.. 70% of Americans live paycheck to paycheck.. so they don't have any net worth to invest in anything.

  • @kuggie
    @kuggie Před 19 dny +3

    This channel rocks!!!

  • @bradknight2618
    @bradknight2618 Před 19 dny +1

    Love the Tree of Life rings on your windows.

  • @lawrencecole6527
    @lawrencecole6527 Před 19 dny

    If you guessed "Credit Default Swap" you guessed right. LOL.

  • @UKDark_Mark
    @UKDark_Mark Před 19 dny

    Wasn’t it toxic debt that caused the global banking crisis back in 2008? IMO we never recovered from that. Now $650 trillion? Wow 😮….. Good video - thanks!

  • @Coindom65
    @Coindom65 Před 19 dny

    That’s a different perspective that I’ve never heard before now I must research and ponder

  • @JeganBedpal
    @JeganBedpal Před 19 dny +87

    It's been dumping and pumping in this range for ages! It's technically just going sideways, sideways means generally stagnant. More emphasis should be put into day trading, as it less affected by the unpredictable nature of the market. Trading has been going smooth for me as I managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...

    • @RomanLansang
      @RomanLansang Před 19 dny

      I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service...

    • @LeightonCorrigan
      @LeightonCorrigan Před 19 dny

      As a beginner, it's essential for you to have a mentor to keep you accountable..

    • @duongtuan-od7kx
      @duongtuan-od7kx Před 19 dny

      Kerrie Farrell program is widely available online....

    • @MarcDillon524
      @MarcDillon524 Před 19 dny

      Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience....

    • @Jovenoli
      @Jovenoli Před 19 dny

      The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways...

  • @raiderdrew988
    @raiderdrew988 Před 18 dny

    At local silver mint all roads lead to the sale of 1/10 ounce silver 😂 buy dimes and quarters

  • @Steelythestacker
    @Steelythestacker Před 19 dny

    I'd love to stack some of those cool bars, but I just can't afford the premiums on most fractional silver. As cheap as constitutional is, it does the same thing for less than a quarter of the premium. I'll definitely pick some up off the secondary market from my LCS if he ever gets any in for a few bucks over the spot.

  • @partylee007
    @partylee007 Před 19 dny

    Thanks, Dave , I always hear/heard financial people talking about derivatives and credit default swaps. I wasn’t really clear on what it was but now I understand they just make up their own language so the common man and woman can’t understand what the hell they’re talking about. It’s just debt debt and more debt. And I have opted out of that system for four years ago now. Stack on!

  • @toddcofer6491
    @toddcofer6491 Před 19 dny

    Thank You Dave. I enjoy youre Real Education Videos.

  • @michelleeikeseth.3701
    @michelleeikeseth.3701 Před 20 dny +1

    Love it Dave.. funny too. Greetings from Norway.

    • @teamofstars
      @teamofstars Před 19 dny

      ah Norway... the home of the best of the best singers on The Voice Norway,,, there are dozens of editions of that show from many countries... the singers from Norway are amazingly talented... search CZcams and see for yourselves

  • @sh4969
    @sh4969 Před 19 dny

    I've stopped stacking and gone back collecting rare coins , the main coin I'm looking for is 1828 gold sovereign only 7 Known minted

  • @nitdiver5
    @nitdiver5 Před 19 dny +1

    They will definitely come far and wide to offer you the business end of their gun.

  • @marceloacuna6479
    @marceloacuna6479 Před 19 dny

    Silver Dave You are now my financial advisor weather you like it or not

  • @makazz1071
    @makazz1071 Před 19 dny

    Dave you are one of the best man, I can't wait one day to visit your shop and your amazing team, by the way I am from Lebanon (M.EAST) and I hope one day you will open a shop in the (M.EAST) area, because sadly we donn't have this opportunity here to buy such type and kind of silver. God bless you brother

    • @Karim-ik5ij
      @Karim-ik5ij Před 19 dny

      Your only hope is the USD for now but I'm guessing people in lebanon are a bit concerned about that too

    • @makazz1071
      @makazz1071 Před 19 dny

      @@Karim-ik5ij Yeah you right

  • @primalsmash5801
    @primalsmash5801 Před 19 dny

    Yeah I need to get some lsm barter coins

  • @kaynefryday6637
    @kaynefryday6637 Před 10 dny

    Excellent video

  • @500grain9
    @500grain9 Před 19 dny

    Dave, you remind me of Howe Mandell 😂

  • @davidcarlson2880
    @davidcarlson2880 Před 19 dny

    Dave you are such a beautiful soul and lovely guy . Love ur posts mate keep them coming

  • @chespi_tv4837
    @chespi_tv4837 Před 19 dny +1

    Greetings from germany ♡

  • @chrisfrizzell7197
    @chrisfrizzell7197 Před 19 dny

    Great video

  • @Hildameyer770
    @Hildameyer770 Před 19 dny +9

    I know nothing about trading /investment and l'm keen on getting started. What are some strategies to get started with?

    • @joannSCOTT2
      @joannSCOTT2 Před 19 dny

      As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided
      by a widely known crypto
      consultant

    • @joannSCOTT2
      @joannSCOTT2 Před 19 dny

      Mrs Julie Alma Stevens

    • @felipejones
      @felipejones Před 19 dny

      This is correct, Julie's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started..

    • @blancacraig110
      @blancacraig110 Před 19 dny

      Julie is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.

    • @yann4476
      @yann4476 Před 19 dny

      The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional

  • @Mike-sr6gd
    @Mike-sr6gd Před 18 dny

    What comes after trillion... Let's go for that
    Said fjb while eating ice cream

  • @Popnpoff
    @Popnpoff Před 19 dny +1

    ✨️🇺🇸✌️ Awesome

  • @williamfender661
    @williamfender661 Před 20 dny

    Someone is about to take a really short haircut.

  • @kaarejstokke5154
    @kaarejstokke5154 Před 19 dny +1

    Sitt down!!

  • @jamesrashbrook9485
    @jamesrashbrook9485 Před 19 dny

    How can anything be that big....that's exactly what my wife said on our wedding night

  • @user-on3ns8qx4d
    @user-on3ns8qx4d Před 19 dny

    627 no problem it's fake money. Double down is nothing to them. And no your not a financial advisor. Your smart not dumb like them. You don't trade gold for a piece of paper.

  • @kenfiddes6024
    @kenfiddes6024 Před 19 dny +1

    Where us the background music, I thought it sounded cool 😎

  • @darinmullins4770
    @darinmullins4770 Před 19 dny

    Global ecconomic collapse

  • @spring984
    @spring984 Před 16 dny

    Get a better mic. Too much echo. ❤️

  • @MrSymbolic7
    @MrSymbolic7 Před 19 dny +1

    How much speedl has this guy swallowed ? I stopped watching after 5 minutes of constant rotation !

  • @kenarrington7098
    @kenarrington7098 Před 19 dny +1

    Walking in circles again?

  • @catfishcustoms6358
    @catfishcustoms6358 Před 19 dny +2

    Dave I disagree , why can’t you shave off 1/10 of and ounce of silver and weigh it , silver is silver no matter what form …

    • @500grain9
      @500grain9 Před 19 dny

      The integrity of pieces of silver is very questionable if you were to bring it into a store to barter it maybe difficult to exchange. You would be better off taking it to a “We buy Silver and Gold kiosk and then change for cash.