GOLD: Why You Should Be VERY NERVOUS Right NOW! | Adrian Day
Adrian Day warns that a U.S. recession is on the horizon, with the signs becoming harder to ignore. He also points out that unsustainable consumer spending trends are causing debt levels to get out of control, particularly with the increasing use of credit cards and buy-now-pay-later schemes. In our conversation, we also discuss interest rates, the gold market, investment strategies, and much more.
#gold #federalreserve #investing
------------
Thank you to our #sponsor CONTANGO ORE, Inc. (NYSE American: CTGO) - Developing Alaska's Next Gold Mines. Make sure to pay them a visit: https://www.contangoore.com/
------------
👨💼 Guest: Adrian Day
🏢 Company: Adrian Day Asset Management
🌎 https://adriandayassetmanagement.com/
📅 Recorded at the Rule Symposium 2024
Check out the recordings of ALL presentations from the Rule Symposium including Grant Williams, Danielle DiMartino Booth, Jim Rickards, Rick Rule and many more!
Register here: https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=SoarFinancial
---------------------
📆 Save the Date 📆
DEUTSCHE GOLDMESSE 🪙
November 21 & 22, 2024 in Frankfurt, Germany
www.deutschegoldmesse.com
Register today.
---------------------
►► Follow Us! ◄◄
Twitter: http://twitter.com/soarfinancial
Website: http://www.soarfinancial.com/
Chapters & Timestamps (AI generated):
00:00 Intro
00:28 Macroeconomic Environment and Gold
01:37 Overview of US Economy
02:17 Unemployment and Job Market Analysis
03:31 Government Jobs vs Private Sector Jobs
04:41 Consumer Spending Trends
05:48 Credit Card Debt and Buy-Now-Pay-Later Schemes
06:48 Government Handouts and Debt Forgiveness
08:10 Federal Reserve and Interest Rates
11:32 Impact of High Interest Rates on Households and Corporations
13:54 Political Implications of Rate Cuts
16:21 Timing and Lag of Recession
18:30 Hard Landing vs Soft Landing
20:27 Current State of the Gold Market
23:31 Central Bank and Chinese Gold Buying
25:00 Missing Components in Gold Market
26:50 Advice for Ordinary Investors
28:50 Valuation of Gold Stocks
31:04 Active Management vs ETFs in Gold Sector
33:00 Summary and Predictions for End of Year
35:32 Conclusion and Contact Information
**Disclaimer:**
Some of the links presented might be affiliate links. We might receive a commission if a purchase is made using those links!
Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary.
Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi (short for conflict of interest).
Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial’s content, each consumer of Soar Financial content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences.
#gold #buygold #investing #stocks #stockmarket #recession #recession2024 #USRecession #USDollar #FED #FederalReserve #MarketCrash #crash #adrianday #rickrule #rulesymposium #rulesymposium2024 #wealth #getrich
