I thought Daryl's explanation of the current economic situation was very helpful and I have already adjusted my investing approach to follow his suggestions.
We say No! to "Universal Healthcare" but that means our private businesses have to pay for the Healthcare if you are a decent company. But, our businesses already cannot compete with the global market because its employee's healthcare raises the business' costs by 30%. Let's give businesses in America a 30% break in costs by going to Universal Healthcare and then maybe our American businesses will not have such a great incentive to outsource so many jobs overseas.
U-H might give the companies a break, but that 30% is just passed along to taxpayers. It would give companies a break at taxpayer expense. No Universal Anything — especially healthcare. We need to disconnect healthcare from work by removing the regulations that keep low-cost insurance out of the marketplace.
Thanks for the postive feedback. Please consider joining the New York Investing meetup for more info and updates. Our web site address in other videos under my name -Daryl Montgomery.
These are all seperate bubble. Greenspan inflated at least 4 different bubbles. Bernake is just following his lead, but is blowing up an inflation bubble, which is going to crash the dollar and destroy the U.S. economy.
The Euro is about 20% higher than what it should be, because investors are loosing their trust in the American stability. This costs a lot to everyone, except to the Chinese economy, who keep their currency about 30% too low to be fair. That's where you have to look if you want to slove the problem. Not in Europe or the US.
vlogolution (the author of this video) uses a friend bot, which is why the friends option on their profile is hidden. just to get an idea of how many friends this user has, look at the number of bulleteins. 282,000. this user uses a friend bot to get people to view this account and subscribe. youtube should delete this account.
If my friend dies, and he does have two gold crowns, he is wondering if he can will them to me, to help me with rescued cats. Will the funeral home remove those, or would I need to, if he should die, so I can sell them in the hot gold market so the money can be used for little rescued kitties?
I'm a CPA/MBA, lots of real life investment ups and downs - remember the late 70's well, and traded gold, dmark options in the mid 80's (all my savings, daily). There is a definite move by the controllers to merge America, Mexico, and Canada into something like the European Union. To do so, they need to crash the dollar and make the people think the way out is the Amero and the NAU - they create the problem, then offer the desired solution.
Basic economics - if the dollar goes down, in theory, oil, silver and gold go up. SLV is a specific silver entity. Options come to mind, but the long term premium is often cost prohibitive. I support Ron Paul as he is aware of these manipulations and seeks to to stop it. Our old workable system is sick, but not yet dead. I do not think they can pull it off, but they are trying, whittling away a piece at at time. I wish I could have a better answer.
Basic economics - if the dollar goes down, in theory, oil, silver and gold go up. SLV is a specific silver entity. Options come to mind, but the long term premium is often cost prohibitive. I support Ron Paul as he is aware of these manipulations and seeks to to stop it. Our old workable system is sick, but not yet dead. I do not think they can pull it off, but they are trying, whittling away a piece at at time. I wish I could have a better answer.
But you know, this is a slow process, the dollar may rally tomorrow and bring the rocket ship of Oil down hard (I work in O&G). It is a long term trend line I am speaking of, not the immediate future. The CFR report I have seen quoted has a 7 year objective, pretty close - to bring about such a momumental change. Onward we peons go.
but on the serious matter hmm makes you think about those toy recalls in such a huge amount, or so i heard which some was unnecessary but guess the toy company doesn't want to get sued, "so let's all focus on China!" as they say
It's true. Consumers have to watch out for themselves and be smart how they invest. And don't live beyond your means *glances at closet full of shoes* Ehem...right. :D
"The US government is on a 'burning platform' of unsustainable policies and practices with fiscal deficits, chronic healthcare under-funding, immigration and overseas military commitments threatening a crisis... ...dramatic tax rises, slashed government services and the large-scale dumping by foreign governments of holdings of US debt. >>
>> "With the looming retirement of baby boomers, spiraling healthcare costs, plummeting savings rates and increasing reliance on foreign lenders, we face unprecedented fiscal risks.
"Billions of dollars will be needed to modernize everything from highways and airports to water and sewage systems. The recent bridge collapse in Minneapolis was a sobering wake-up call."
- David Walker - The Comptroller General of the US. (The Country's top Government Inspector.)
Alex... thanks for inviting a guest to your show... this is a good video... I am predicting a global recession because of all this...our markets are global and the whole world is going to hurt from this... also, notice, after the rate cut the yield on 10-yr bond increased... ---caused me to get a 7.25% rate when I purchased my investment property yesterday..
glad you enjoyed it snakeyez. one thing I was really shocked about myself is I had no idea credit cards were charging as high as 39% annual interest rates. And that doesn't even seem to be for those with the worst credit. Talk about usurious to the verge of slavery. And it makes perfect sense that the credit card companies would go nuts if people can't even declare bankruptcy over the charges.
I found an interesting community loan site where people can bid on debt (prosper. com). It was shocking to see people hoping to consolidate 39% AMEX loans to more reasonable 20% APRs!!! I remember watching a movie based in the 1800's where a man was reprimanded by a court for making loan in the 10% APR range, despite it being consider "high risk". Boy have times changed!
Great vid, thanks. But as you can see there are too many pseudo economists who think that they understand how our economic and monetary works. Keep doing this kind of videos you'll help people understand what's going on with their money even tough there will always be people in denial. Thanks for the info again.
Excuse me Professor Brainiac, I took a semester of economics in a community college once and for your information the dollar would never match the euro becuz of the annually fixed rate percentage which would keep inflation at a steady pace.
huh hoodys what does that even mean??? $0.80 US used to get you $1 EURO. Today, $1 EURO will get you almost $1.42 US DOLLARS. oh yeah, and maybe you can take another community college class in spelling and effective writing! Did your class also teach you that the Canadian Dollar couldn't be at par with the US dollar either - oops, didn't that just happen?!!
You don't even understand, Rule #1 of economics: All you have to do is believe in yourself, and anything can happen. I learned that without even knowing anything about economics
no Kevin, all you have to do is believe that your trading position will keep going exactly the way you want it to for maximum profit, and if you believe really really hard, and give it your best shot, and work really hard to totally believe it will succumb to your efforts and positive thinking, then it'll do exactly what you want and you'll be set!! of course, I'd bet for inflation instead of against it... good luck, bro!
lol thats what u get told in "university" to keep u dumb... dollar will son face a super inflation, it is already nothing worth anymore, wait until world trades oil in euros, like in 2000 saddam said like others too, google petrol dollar circle
dont waste money, stock pile some food, and informe your selfs as much as you can, this is serius people, this crap is happening all over the world,they want to get ride of money, want to centralize peoples info, destroy our liberties, they want full control of our lifes, i just wander what would happen when they be abble to use nanotech to manufacture all they need, maybe workers wont be needed any more.
"America - From Freedom to Fascism" & "Money as Debt" are two free documentaries brilliantly explaining the fraudulent FED, IRS and the way banks are controlling this world.
montgomory brns?
milstein91 7 months ago
Dude.... you provided no real insight on the specifics of what to do!!!! A HS Senior could have given that speach...
frontier1701 3 years ago
> you provided no real insight on the specifics of what to do!!!!
Yes he did, right at the end... 'you have look at what they did to make money in the seventies, rather than the eighties or nineties'.
I think he means we should go back to selling heroin and coke instead of crack and meth.
ByeCruelWorld 3 years ago
He gave a far better picture of the macro economic situation than the talking heads on the finance and invest shows did at the time.
He spoke of gold, silver, oil, and ETFs & said the profitable strategies in the inflationary 1970 would be better now than those in the 90s..
Follow Cramer and the CNBC crew and you would have lost your shirt.
1ccfjeff 1 year ago
you guys are the fucking BEST!!!!!!! your wife is a honey too dude you are one lucky dude.
spanishaustralian 3 years ago
I thought Daryl's explanation of the current economic situation was very helpful and I have already adjusted my investing approach to follow his suggestions.
abukini 3 years ago
We say No! to "Universal Healthcare" but that means our private businesses have to pay for the Healthcare if you are a decent company. But, our businesses already cannot compete with the global market because its employee's healthcare raises the business' costs by 30%. Let's give businesses in America a 30% break in costs by going to Universal Healthcare and then maybe our American businesses will not have such a great incentive to outsource so many jobs overseas.
GRetrieval 3 years ago
U-H might give the companies a break, but that 30% is just passed along to taxpayers. It would give companies a break at taxpayer expense. No Universal Anything — especially healthcare. We need to disconnect healthcare from work by removing the regulations that keep low-cost insurance out of the marketplace.
rctube1958 3 years ago
Bubble bubble bubble.
Who needs a bubble.
bornbillsmith 4 years ago
I would say invest in oil.
WITH INDIA AND CHINA EXPANDING THEIR MIDDLE CLASS, AND THEY CONSUME MORE FUEL, THE PRICE OF OIL HAS TO GO UP.
I WOULD INVEST IN FIRMS DOING BUSINESS IN THE THIRD WORLD COUNTRIES.
bornbillsmith 4 years ago
Excellent insights, thank you!
dsfgjsbdfgd 4 years ago 2
Thanks for the postive feedback. Please consider joining the New York Investing meetup for more info and updates. Our web site address in other videos under my name -Daryl Montgomery.
NYInvestingMeetup 4 years ago
Honey is the food version of gold it can be used as a sweetener and it doesn't spoil as quickly. That would be one thing to get rid of your money on.
PaineInHead 4 years ago
How do you know that the bubble hasn't simply moved from dotcom to real estate and now to the euro?
repo1911 4 years ago
These are all seperate bubble. Greenspan inflated at least 4 different bubbles. Bernake is just following his lead, but is blowing up an inflation bubble, which is going to crash the dollar and destroy the U.S. economy.
Montgod 4 years ago
The Euro is about 20% higher than what it should be, because investors are loosing their trust in the American stability. This costs a lot to everyone, except to the Chinese economy, who keep their currency about 30% too low to be fair. That's where you have to look if you want to slove the problem. Not in Europe or the US.
chti78 4 years ago
thanks guys. very good overview.
pootron 4 years ago
way too long‼
K1NGofNYC 4 years ago
Yes, you're correct. We are trying to shorten them.
Montgod 4 years ago
ok...
K1NGofNYC 4 years ago
vlogolution (the author of this video) uses a friend bot, which is why the friends option on their profile is hidden. just to get an idea of how many friends this user has, look at the number of bulleteins. 282,000. this user uses a friend bot to get people to view this account and subscribe. youtube should delete this account.
thescarscrow 4 years ago
This comment has received too many negative votes show
The guy in blue is creepy looking.
Lmfaoyeah 4 years ago
I'm sure he's a nice guy, but he does look like some one who breaks into peoples houses at night and eats their children.
Santa is that you?
acidie 4 years ago
i like his voice it sounds like Bobby's voice,unforgetable voice of a hero
mariam1319 4 years ago
If my friend dies, and he does have two gold crowns, he is wondering if he can will them to me, to help me with rescued cats. Will the funeral home remove those, or would I need to, if he should die, so I can sell them in the hot gold market so the money can be used for little rescued kitties?
Catweedhigh 4 years ago
All you need is big f---ing pair of pliers man!
packrat76 4 years ago
lol wat is this
Alidore4 4 years ago
This comment has received too many negative votes show
what planet these assholes from anyway.
space3007 4 years ago
thanx 4 sharing, its interesting
justbeen12 4 years ago
Tankiu Very Much , investidor or Brezil
coesjrp 4 years ago
thanks!
marcomonsalve 4 years ago
Pretty good summation. For another look listen to the John Stadmiller show on RBN on Tuesdays with Bob Chapman from the 'International Forecaster'.
lancifer93 4 years ago
I'm a CPA/MBA, lots of real life investment ups and downs - remember the late 70's well, and traded gold, dmark options in the mid 80's (all my savings, daily). There is a definite move by the controllers to merge America, Mexico, and Canada into something like the European Union. To do so, they need to crash the dollar and make the people think the way out is the Amero and the NAU - they create the problem, then offer the desired solution.
jkentc 4 years ago 4
ok... so what do we do now?
TriRRRam 4 years ago
Basic economics - if the dollar goes down, in theory, oil, silver and gold go up. SLV is a specific silver entity. Options come to mind, but the long term premium is often cost prohibitive. I support Ron Paul as he is aware of these manipulations and seeks to to stop it. Our old workable system is sick, but not yet dead. I do not think they can pull it off, but they are trying, whittling away a piece at at time. I wish I could have a better answer.
jkentc 4 years ago 2
interesting. what might you suggest i do to protect my financial future?
plzhelpj 4 years ago
Basic economics - if the dollar goes down, in theory, oil, silver and gold go up. SLV is a specific silver entity. Options come to mind, but the long term premium is often cost prohibitive. I support Ron Paul as he is aware of these manipulations and seeks to to stop it. Our old workable system is sick, but not yet dead. I do not think they can pull it off, but they are trying, whittling away a piece at at time. I wish I could have a better answer.
jkentc 4 years ago 4
But you know, this is a slow process, the dollar may rally tomorrow and bring the rocket ship of Oil down hard (I work in O&G). It is a long term trend line I am speaking of, not the immediate future. The CFR report I have seen quoted has a 7 year objective, pretty close - to bring about such a momumental change. Onward we peons go.
jkentc 4 years ago
thx.
HiIiIiIiIiIiIiIiIH 4 years ago
Thanks for sharing this information. I will look further into becoming more involved.
onemon22 4 years ago 2
Darly likes to raise his eyebrows... allot ;d
but on the serious matter hmm makes you think about those toy recalls in such a huge amount, or so i heard which some was unnecessary but guess the toy company doesn't want to get sued, "so let's all focus on China!" as they say
minivuvu 4 years ago
useful info!
minigothvampire 4 years ago 2
its every man for himself,its a dog eat dog world
leaders and followers.indians and cheifs
noelie74 4 years ago
very interestin' vid indeed! Thanx for sharin' vlogolution, ya can bet i'll be seein' them other vids of Mr. Montgomery.
qualqui 4 years ago 2
BORING LOL, nah i am just kidding this is very useful
omgxuxrockxNOT 4 years ago
It's true. Consumers have to watch out for themselves and be smart how they invest. And don't live beyond your means *glances at closet full of shoes* Ehem...right. :D
lau2wild 4 years ago 3
haha he's short
rcubetape 4 years ago
My God, We NEED Ron Paul BADLY!!
furnitureguy67 4 years ago 3
thanks for sharing this information.
jessekoh121 4 years ago
Thanks for the info: )
GenSL 4 years ago
mmmmmmmmmm
carreraandcarrera 4 years ago
"The US government is on a 'burning platform' of unsustainable policies and practices with fiscal deficits, chronic healthcare under-funding, immigration and overseas military commitments threatening a crisis... ...dramatic tax rises, slashed government services and the large-scale dumping by foreign governments of holdings of US debt. >>
RBLA818 4 years ago
>> "With the looming retirement of baby boomers, spiraling healthcare costs, plummeting savings rates and increasing reliance on foreign lenders, we face unprecedented fiscal risks.
"Billions of dollars will be needed to modernize everything from highways and airports to water and sewage systems. The recent bridge collapse in Minneapolis was a sobering wake-up call."
- David Walker - The Comptroller General of the US. (The Country's top Government Inspector.)
RBLA818 4 years ago 2
it does not matter what people do with their money cause the FED will win while the little guy loses.
XboobtubeX 4 years ago 3
The only man with a plan to fix the current system! Vote in the primaries for Dr. Ron Paul, and then in the 2008 Presidential Election.
GinsingSullivan 4 years ago
Ron Paul 2008
mauricepeyton 4 years ago
oh we in my country have a big inflation, thk!
huguito82 4 years ago
Alex... thanks for inviting a guest to your show... this is a good video... I am predicting a global recession because of all this...our markets are global and the whole world is going to hurt from this... also, notice, after the rate cut the yield on 10-yr bond increased... ---caused me to get a 7.25% rate when I purchased my investment property yesterday..
snakeyez85 4 years ago
glad you enjoyed it snakeyez. one thing I was really shocked about myself is I had no idea credit cards were charging as high as 39% annual interest rates. And that doesn't even seem to be for those with the worst credit. Talk about usurious to the verge of slavery. And it makes perfect sense that the credit card companies would go nuts if people can't even declare bankruptcy over the charges.
vlogolution 4 years ago
I found an interesting community loan site where people can bid on debt (prosper. com). It was shocking to see people hoping to consolidate 39% AMEX loans to more reasonable 20% APRs!!! I remember watching a movie based in the 1800's where a man was reprimanded by a court for making loan in the 10% APR range, despite it being consider "high risk". Boy have times changed!
vlogolution 4 years ago
ohoh
nissemajs 4 years ago
Great vid, thanks. But as you can see there are too many pseudo economists who think that they understand how our economic and monetary works. Keep doing this kind of videos you'll help people understand what's going on with their money even tough there will always be people in denial. Thanks for the info again.
rzrzky 4 years ago 2
the economy sucks. i can't waite for Bush to get out of office. on the bright side, i wear polo shirts too.
tonyfamous 4 years ago
Good interview, and a different viewpoint. ***** Hans:-)
enigxxx 4 years ago
the old guy sounds gay ((secret lol))
134134id 4 years ago
omg lmao!!! no offence dude
TurtlesForeva 4 years ago
This is scary,but a good video,thank you.
jcska823 4 years ago
nice teeth dude
dumbasstheredneck 4 years ago
Great vid.
reddragon7600 4 years ago
I don't understand this
WorstNinja 4 years ago
interesting....
cuteyamal 4 years ago
so interesting interview. goob job O_O
Hanayima 4 years ago
is That you!
angie1398 4 years ago
dollar fall good ,,and you need low instrest, call me in the morning if it persist
bigeyedgoldfish 4 years ago
omg soooo cool
ilove2lovecena 4 years ago
Oh my God... my actions will go down!
jaja...
Escamilla78 4 years ago
More celebrity Hump it or Dump it PLEASE!!!
lilmamaness 4 years ago
damn euro
videoviewer224 4 years ago
Excuse me Professor Brainiac, I took a semester of economics in a community college once and for your information the dollar would never match the euro becuz of the annually fixed rate percentage which would keep inflation at a steady pace.
hoogys 4 years ago
huh hoodys what does that even mean??? $0.80 US used to get you $1 EURO. Today, $1 EURO will get you almost $1.42 US DOLLARS. oh yeah, and maybe you can take another community college class in spelling and effective writing! Did your class also teach you that the Canadian Dollar couldn't be at par with the US dollar either - oops, didn't that just happen?!!
vlogolution 4 years ago
You don't even understand, Rule #1 of economics: All you have to do is believe in yourself, and anything can happen. I learned that without even knowing anything about economics
KevinFennessy 4 years ago
no Kevin, all you have to do is believe that your trading position will keep going exactly the way you want it to for maximum profit, and if you believe really really hard, and give it your best shot, and work really hard to totally believe it will succumb to your efforts and positive thinking, then it'll do exactly what you want and you'll be set!! of course, I'd bet for inflation instead of against it... good luck, bro!
vlogolution 4 years ago
lol thats what u get told in "university" to keep u dumb... dollar will son face a super inflation, it is already nothing worth anymore, wait until world trades oil in euros, like in 2000 saddam said like others too, google petrol dollar circle
beatnutone 4 years ago
"...and as you can see, Daryl is also a midget."
robtran 4 years ago
.. or maybe I'm just really really tall - it's all relative! :-\
vlogolution 4 years ago
...or maybe I'm just an inveterate smartass. ;-)
robtran 4 years ago
dont waste money, stock pile some food, and informe your selfs as much as you can, this is serius people, this crap is happening all over the world,they want to get ride of money, want to centralize peoples info, destroy our liberties, they want full control of our lifes, i just wander what would happen when they be abble to use nanotech to manufacture all they need, maybe workers wont be needed any more.
SquareElix 4 years ago
Snooooooooorrrrrrrr
Fo5t3r 4 years ago
8th! lol
trickskater915 4 years ago
7th lol!
ohsweetness1296 4 years ago
6th comment lol
brolly2000 4 years ago
5th comment i go to sleep
w00tparkour 4 years ago
3rd
chelseacrazy 4 years ago
"America - From Freedom to Fascism" & "Money as Debt" are two free documentaries brilliantly explaining the fraudulent FED, IRS and the way banks are controlling this world.
DStyle86 4 years ago
nice
cardzone1000 4 years ago