Chelsea sits down with Richard, aka The Plain Bagel on YouTube, to give his expert thoughts on crypto, NFTs, and anticipating and preparing for a recession.
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LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Loved this episode! Informative, sane, and well-considered as always.
As one wise man said, if money is not scarce, everything else is scarce.
These two nerds are so cute together. Love this for us.
Crypto just seems like colonialism in digital currency.
Richard is amazing, same with Ben Felix!
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs Lisa A Preston
What happened to the rapid fire questions?
I found this channel after getting hooked on Minority Mindset, and this video led me to a disheartening realization… that Jaspreet is exactly that kind of untrained overconfident influencer you talked about here. 🙁
32:00
Great show!!
Great content. At the novice level, a good broker is required to handle trade mutable to reciprocate good profits. I deligate to all rookies my broker Mrs Amelia Lopez. Her trader-friendly draw up and honesty stands her in her prime.
I cannot thank you enough for this channel.
The funky thing about inflation right now is that it is hard to gauge how bad inflation is really. This is partially because not only have demand and supply changed, but also the mix of goods people want has changed(for example: see graphics cards. About as many graphics cards likely made their way into pcs as always, but there are a lot more people who want a pc rn). This means that actually getting good measurements on how prices have actually changed is somewhat difficult, and this makes the existing difficulties with getting reasonable measures of inflation worse.
Really liked this podcast!
I have a quick question. What is your opinions on outlawing the charging of interest to people not receiving the living wage of their location?
Great show! Not that I think we're headed to mad-max times and I'm not a complete gold-bug myself, but keeping gold isn't that crazy. The value of gold is that for millennia it has been a known value holding currency-like commodity (divisible, financially liquid, limited, non-consumable). Gold in particular is a denser store of wealth (compared to silver or other physical goods) and you can store coins weighed ~0.5kg/1lb and equivalent to ~$32k USD in about the size of a soda can (16 troy ounces @ $2k/oz).
Even in rare-yet-believable situations (economic hyper-inflation, war refugees, house fire, etc.) Being able to carry even an ounce or two (~$2k-4k USD) can be enough to keep your family fed or housed for a short time, or to fund a fast escape.
As for caveats: I don't think North America is headed down a dark road that fast, people should definitely be creating emergency funds and starting on long-term investing before diversifying into gold, and gold is definitely a less-liquid store than cash in a bank account during normal times. Plus, you can have gold stolen from you or lose it if you're not careful.
With crypto, it is all to likely someone is holding the rug and will pull it at any time.
Nice video! the best decision I ever made in my life was investing in financial market with a professional broker Mrs Harrison Camela Trust me guys
Policy genius denied both my partner and me. She has serious issues but I have just a few “normal” things. Flat out denied. No options at all. Tired of them advertised everywhere.
Wow it’s the collab I never knew I needed! I love both your channels. Thanks for the insights
she helped me realize a lot of earnings on bitcoin investment.