Why This Time is Different: A Total “Decimation” of the Financial System is Imminent

by | Apr 28, 2024 | Inflation Hedge

Why This Time is Different: A Total “Decimation” of the Financial System is Imminent




“Physical economy is basically the same and there’s a one new ownership, which is really disheartening,” says David Morgan, founder of The Morgan Report. In an interview with Daniela Cambone, he emphasizes that while a financial reset entails a change in ownership dynamics, it doesn’t interrupt economic activity; rather, it recalibrates ownership within the existing physical economy. He also advises investors to prioritize the intrinsic value of gold over its face price, recognizing its stability amid financial uncertainties. Lastly, he concludes the interview with a piece of life wisdom. “In the turmoil of financial uncertainty, the true wealth lies not in what we possess, but in our resilience to adapt and persevere.”

📰 JOIN DANIELA’S NEWSLETTER:

🔒 PROTECT YOUR ASSETS FROM FINANCIAL UNCERTAINTY: Discover how precious metals can anchor your portfolio against inflation and systemic risks. Secure your FREE 30-minute strategy session now: or call 866-706-9061

“ITM did a great job of educating me on the history of the dollar, the financial markets, the banks, gold, and the laws so that I had a better understanding of things.” – Kristen W.

📖 FREE DOWNLOAD: YOUR ULTIMATE DECISION-MAKING GUIDE ON GOLD AND SILVER:

📖 CHAPTERS:
00:00 Financial collapse
5:43 Wealth taking away
8:31 How to be prepared
12:54 Gold price
16:12 The value of gold
18:44 Fed interest rates cut
21:35 Life wisdom

👋 STAY IN TOUCH WITH ITM & DANIELA

🟩 Schedule a Strategy Session: 866-706-9061
🟩 Email us at services@itmtrading.com
🟩 Official Homepage
🟩 Listen On The Go:
🟩 ITM’s Twitter:
🟩Daniela’s Twitter:
🟩Daniela’s Newsletter:

🌎 ABOUT ITM TRADING:

See also  Roth IRA and IUL: Deciding Between the Two

For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.

Disclaimer: The views, opinions, and financial recommendations expressed in this video are solely those of the guest and do not necessarily reflect the views of ITM Trading. ITM Trading is not responsible for any financial decisions made based on the content provided in this video.

ITM Trading Inc. © Copyright, 1995 – 2024 All Rights Reserved.

#economy #gold #DavidMorgan…(read more)


HOW TO: Hedge Against Inflation

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing


As the world continues to grapple with the far-reaching impacts of the COVID-19 pandemic, there is growing concern that a complete “decimation” of the financial system may be looming on the horizon. Unlike previous financial crises, this time it appears that the consequences may be more severe and long-lasting.

The current economic landscape is characterized by a perfect storm of factors that are contributing to the potential collapse of the financial system. The pandemic has caused widespread job losses, business closures, and a sharp decline in consumer spending, leading to a severe contraction in economic activity.

See also  Why Everyone Is Experiencing Financial Strain in the 2023 Recession

Additionally, governments around the world have implemented massive stimulus packages to support businesses and individuals affected by the crisis. While these measures have helped to cushion the economic blow in the short term, they have also resulted in unprecedented levels of government debt and inflationary pressures.

At the same time, global stock markets have experienced extreme volatility, with sharp fluctuations in asset prices and investor confidence. The rise of speculative trading, driven by the popularity of online trading platforms like Robinhood, has further exacerbated market instability.

Furthermore, the growth of cryptocurrencies and decentralized finance (DeFi) poses a significant challenge to traditional financial institutions and regulatory frameworks. The rise of blockchain technology and decentralized systems has the potential to disrupt the traditional banking industry and create new paradigms for financial transactions.

In light of these factors, many experts warn that a complete “decimation” of the financial system is imminent. The collapse of major financial institutions, widespread bankruptcies, and a global economic depression are all real possibilities in the near future.

However, despite the ominous outlook, there is also hope for a brighter future. The crisis has underscored the need for stronger regulatory oversight, greater transparency in financial markets, and a shift towards sustainable and equitable economic policies.

In order to avert a total collapse of the financial system, governments, central banks, and financial institutions must work together to implement coordinated measures to stabilize the economy, protect vulnerable populations, and promote sustainable growth.

Ultimately, the current crisis presents an opportunity for a reset and reevaluation of the existing financial system. By learning from past mistakes and embracing innovative solutions, we can build a more resilient and inclusive financial system that is better equipped to withstand future shocks and challenges.

See also  David Rosenberg warns that high rates could trigger a worse-than-expected consumer-led recession.

In conclusion, the complete “decimation” of the financial system may be upon us, but this time it’s different. It’s up to us to seize this moment of crisis as an opportunity for positive change and transformation.

Truth about Gold
You May Also Like

0 Comments

U.S. National Debt

The current U.S. national debt:
$35,951,601,173,936

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size