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Top Three Videos – December 31, 2024

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Simon Hunt: GOLD: His Forecast Will SHOCK YOU, Be Prepared For 2025! (December 29, 2024)

Soar Financially...

Summary

 

The global economy is expected to face significant challenges leading to a potential recession by 2028, influenced by geopolitical tensions, market declines, and shifting alliances, before a predicted recovery and economic boom starting in 2025.

 

Economic Outlook

 

In 2025, a weak global economy for 6-9 months will be followed by a 2-year boom in equities, business activity, and commodity markets due to fiscal and monetary stimuli, potentially leading to rolling recessions or depressions.

 

The revised employment data from the BLS in February 2025 will show a sharp downward revision, with the Philly Fed’s assessment indicating a decrease of 800,000 from the original 1.1% figure.

 

Geopolitical Dynamics

 

The “Powers behind the throne” in Washington are desperate for Trump to have a big war to dismember Russia and gain control of its natural resources, while Trump aims to prevent war escalation.

 

By 2035, China’s military will have 435-475 ships compared to the U.S.’s 305-317, indicating a significant military buildup and potential threat to Taiwan.

 

Global Alliances

 

The BRICS alliance faces challenges in 2025, with the U.S. aiming to break it up by weakening Brazil’s resolve and preventing the development of strong institutions and a rival currency to the U.S. dollar.

 

India is quietly strengthening ties with Russia and China, despite playing both sides, and may face challenges from the U.S. trying to break its ties with BRICS, potentially causing problems in Bangladesh.

Grant Williams & Egon von Greyerz Discuss The Coming Paradigm Shift In Gold (December 25, 2024)

GoldSwitzerland...

Summary

 
 

Gold is increasingly recognized as a vital asset for wealth preservation amid economic uncertainties and currency failures, driven by rising demand from central banks and a paradigm shift in investment perceptions.

 

Economic Paradigm Shift

 

Central banks are gold’s best friend, as they consistently destroy economies and currencies, leading to a potential massive increase in money printing and the introduction of new currencies like CBDCs.

 

The gold price will increase multiples as fiat currency’s purchasing power declines, serving as a crucial inflation hedge and wealth preservation tool.

 

Historical Perspective

 

Every monetary era ends and every currency dies without fail, as evidenced by 5,000 years of history, making physical gold the most reliable form of wealth preservation.

 

Current Economic Indicators

 

In the past 22 years, the price of a US home has fallen 74% in gold terms, while the dollar’s value has decreased 97-99% since 1971, signaling the beginning of an exponential phase of debt and money printing.

 

The debt-to-revenue ratio in the US has increased 60-fold since Reagan, while tax revenue has only increased 7-8-fold, indicating an unsustainable system that may lead to revolution and riots before significant spending cuts can be implemented.

Peter St. Onge: The Mess they’re handing to Trump (December 30, 2024)

Peter St. Onge...

Summary

 

Biden’s administration is facing scrutiny over potentially inflated job growth statistics, as alarming economic data reveals significant job losses and rising unemployment, leading to increased voter skepticism and financial struggles for many Americans.

 

Economic Indicators

 

Official job creation statistics for Q2 2022 may be overinflated by up to 700,000 jobs, as the Philadelphia Fed’s data contradicts the reported 653,000 jobs created.

 

The BLS revised down 88,000 jobs from March 2022 to March 2023, significantly impacting sectors like manufacturing (-115,000)retail (-129,000), and professional jobs (-358,000).

 

Consumer Financial Stress

 

1 in 3 Americans spend 95% or more of their disposable income on necessities, while another third have been unable to pay their power bill in the past year.

 

Food banks are experiencing record levels of need, and Americans are spending less on Christmas by a 2:1 ratio compared to last year.

 

Economic Perception vs. Reality

 

Despite official statistics showing 3% GDP growth and 4.2% unemployment, a majority of voters believe the US is already in a recession, highlighting a disconnect between economic data and public perception.

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