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Gold to Infinity and then a Reset Via CBDC. Interview with Clive Thompson
#dollar #debt #money #investing
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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Video Chapters:
00:00 Introduction
01:45 Clive's view on the Federal Reserve's rate cut
03:30 We are in a scenario where all currencies are losing value rapidly
04:50 Gold versus the dollar index
06:37 Government debt on an unsustainable path
09:10 Gold is the ultimate measure of value
09:26 Central banks continue to load up on gold
15:04 CBDCs - We are moving into a world of more control and monitoring of your assets
15:56 Clive explains the mechanism of a CBDC
18:20 Unsustainable government debt and a currency reset via a CBDC would
24:48 A crisis will be used to freeze your old currency into your CBDC digital wallet
27:30 A reset would help the government wipe out the debt and start again from scratch
31:22 Reset will hurt the wealthy but help the wealthy who have a lot of non financial assets
34:52 Gold and silver in a currency reset
38:04 The alternative to a CBDC - the free market would decide
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