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Top Three Videos – June 4 2023

Protect your savings from bank failures and Dollar collapse
▶ Click here to get Gold IRA info from Birch Gold

Bob Moriarty- Banks, Hedge Funds, & Insurance Will FAIL

Bob Moriarty, Marine, naval aviator, and financial author. He believes more banks, in addition to hedge funds and insurance companies, will fail due to these stains. We’re headed towards a crisis worse than the Great Depression, he says.

Get a free digital copy of Bob’s Amazon Bestseller,” Nobody Knows Anything” A gift to Dollar Collapse readers:

Key insights

  • Moriarty predicts a depression worse than 1929 for the US economy.
  • Most Americans are not prepared for what’s upon us.
  • Everything we’re being told by the media and politicians is a lie.
  • Banks, hedge funds, and insurance companies are at risk of failing due to soaring interest rates and hyperinflation.
  • Perfect storm for real estate, both commercial and residential.
  • “The stock market is going to crash and it’s going to be a lot worse than 2008.”
  • The IMF predicts that the FED will have to hold rates at 5.25-5.5% through the end of 2024, which is “absolutely catastrophic.”
  • Interest rate hikes will be catastrophic for banks, insurance companies, hedge funds, and real estate – “It’s going to be far worse in 2008, far worse than 2000, and it’s going to be comparable or worse than 1929.”
  • US getting desperate because know how to admit it has lost a war. And the US and NATO have lost the war in Ukraine.
  • Silver and Platinum are the cheapest precious metals right now. That’s what Bob is buying.
  • Gold can function as both money and an insurance policy, making it a valuable asset to invest in during times of uncertainty.

Coin Shop Owner Shows Easy Silver Testing Tricks - PROTECT YOURSELF

Key insights

  • Protect yourself against buying fake silver and gold by purchasing from reputable coin shops and sellers.
  • Mike demonstrates easy silver testing tricks that people can use to protect themselves from buying fake silver.
  • Coin shop owner emphasizes the importance of buying closer to spot for good value when purchasing silver.
  • Fake gold and silver bars are a real problem in the industry, with even experienced employees being fooled by them.
  • It’s important to protect yourself from fake silver by learning how to test it properly.
  • The sound of a coin can reveal if it’s counterfeit or real, according to a coin shop owner who uses this trick to protect himself from fake currency.
  • Fake silver coins and bars are becoming more sophisticated and can be difficult to detect even with packaging that looks authentic.
  • A rare earth magnet can be used to test if a piece of silver is real or fake, as it has a certain reaction to silver and copper.
  • The sound of silver can be a useful test for authenticity, as it has a lower pitch and fuller sound compared to copper.

Attorney Steve Lehto: Dave Ramsey Hit w/$150 Million Lawsuit

Key Insights

  • Dave Ramsey is well known Christian broadcaster and “financial advisor.”
  • He’s facing a $150 million lawsuit from 17 plaintiffs who claim they were scammed out of millions of dollars by following his financial advice.
  • Ramsey emphasizes the importance of avoiding credit card debt and paying it down militantly to avoid getting trapped in high interest rates and maxed out cards.
  • Dave Ramsey discloses his paid endorsements, but emphasizes the importance of disclosure when promoting a product.
  • The allegation against Dave Ramsey is that he was paid a lot of money to promote Timeshare Exit Team without disclosing it, potentially violating Federal Trade Commission rules.
  • The lawsuit alleges that Ramsey should have been aware that the timeshare exit team was not to be trusted due to his expertise in personal finance and faith-based programs.
  • Some people are willing to buy timeshares just to get a free three-day cruise, despite the risks and downsides of owning a timeshare.
  • The plaintiffs claim that they may have behaved differently if they had known about Ramsey’s relationship with the advertiser.
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