This Would Mean Catastrophe For Financial System | Bob Moriarty
Liberty and Finance: 11-2-2023
An oil embargo would be catastrophic for the financial system, says Bob Moriarty, marine, naval aviator, and financial author.
The oil price spiking could collapse the banking system and send commodity prices soaring.
While an oil embargo would be devastating, WWIII would be a lot worse, he says.
He suggests having spare food, fuel and cash. He also says now would be a good time to get right with God.
INTERVIEW TIMELINE:
0:00 Intro
3:06 Oil embargo
8:39 Land or gold
11:20 Gold-backed system
12:46 Debt jubilee
14:52 Brokerage account bail-ins
15:53 Preparedness
16:50 Tax-loss selling
18:50 Hyperinflation
21:30 Fax story
https://www.youtube.com/watch?v=JKuF1PShy2A
Stock Market is Coming to a Financial Reset, Hard Assets to Benefit: Chris Vermeulen
The Jay Martin Show: 11-1-2023
Chris Vermeulen of the Technical Traders believes there is a shift occurring in the market, from overvalued tech names into hard assets, and most investors haven’t gotten the memo.
Chris thinks that in the meantime, playing defense and waiting for an inevitable crash is the best strategy.
https://www.youtube.com/watch?v=ivqVG8xIRe8
Market Correction Not Over, Fed Will Hike Again Into Recession | Gary Shilling
David Lin: 11-1-2023
Economist Gary Shilling, President of A. Gary Shilling & Co., who served on the staff of the Federal Reserve Bank of San Francisco and was the first Chief Economist of Merrill Lynch, discusses his outlook for the economy, stock market, and Fed monetary policy.
0:00 – Intro
1:16 – Market recap
3:29 – Fed monetary policy
7:00 – Yield curve
8:41 – Inflation
12:49 – Labor market
16:50 – Geopolitical risks
19:16 – Gary Shilling’s career
22:30 – Jamie Dimon selling JPM shares
23:50 – Now vs. 2008
25:25 – Hard vs. soft landing
26:22 – Portfolio allocation
29:50 – Safe havens
32:20 – Global reserve currency
