5 Ways to Prosper in the Coming Crisis - Episode 11
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5 Ways to Prosper in the Coming Crisis - Goldnomics Episode 11 For details of the Exclusive Offer made during this episode visit: https://info.goldcore.com/exclusive-offer-march-2019 (https://www.youtube.com/redirect?v=h0FPNYbgw2c&event=video_description&redir_token=xSUZxo72BJjFOzFsDo9kqfdUwWV8MTU1MzEwMDI1MUAxNTUzMDEzODUx&q=https%3A%2F%2Finfo.goldcore.com%2Fexclusive-offer-march-2019) In the 11th Episode of The Goldnomics Podcast Mark O’Byrne and Stephen Flood are in conversation with Dave Russell as they discuss 5 ways to prosper in the coming crisis. Listen to the full episode or skip directly to one of the following discussion points: 00:59 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=59s) - The coming crisis: meaning, focus and scope - Mark O'Byrne 01:37 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=97s) - The coming crisis is economic, political, financial and monetary in nature. 03:15 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=195s) - Environmental & ecological degradation, income inequality, Brexit, Italexit, China - USA - Russia trade wars: Potential triggers for global crisis. 04:02 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=242s) - Potential global crisis: Fact or fiction? - Steve Flood 05:38 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=338s) - How reliable are market fundamentals for predicting the market today? 07:25 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=445s) - Political apathy, poor governance, bad fiscal management and misuse of debt: Biggest contributors to past and potential future global crisis. 8:29 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=509s) - #1 Diversify savings and investment as a means of living through and prospering in the coming crisis. 10:46 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=646s) - Humongous debt and debt to GDP ratio: Evidence that the global economic and financial system is broken. 11:46 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=706s) - Economic recovery/boom generated by ultra-low interest rates, zero and negative interest rate policies, and quantitative easing is artificial and unsustainable. 13:06 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=786s) - Permanent Portfolio Theory: Diversification of assets with bonds, equities, cash and gold could cushion against the coming crisis. 13:38 (https://www.youtube.com/watch?v=h0FPNYbgw2c&t=818s) - Same holdings,