STOP SPENDING - Debt Death Spiral, Gold & Uranium | Nomi Prins

The US Economy is obviously struggling, growth is financed by excessive debt. The consumer is hanging on by a thread. While the consumer keeps spending, credit card debt keeps rising. We discuss the impact of a potential FED pivot and future rate decisions. #gold #FED #money ------------ Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver ------------ 👨‍💼 Guest: Dr. Nomi Prins, Founder 🏢 Company: Prinsights 🌎 https://prinsights.substack.com/ 📅 Recording date: August 29, 2024 --------------------- 📆 Save the Date 📆 DEUTSCHE GOLDMESSE 🪙 November 21 & 22, 2024 in Frankfurt, Germany www.deutschegoldmesse.com Register today. --------------------- ►► Follow Us! ◄◄ Twitter: http://twitter.com/soarfinancial Website: http://www.soarfinancial.com/ Chapters & Timestamps (AI generated): 00:00 - Intro 00:21 - Discussion on Financial Delinquencies and Comparisons to 2006-2007 01:01 - Introduction of the Guest, Dr. Nomi Prins 02:08 - Analysis of GDP and Consumer Debt Trends 04:38 - Consumer Wages vs. Inflation and Debt 06:13 - Economic Indicators and Consumer Behavior 07:46 - Credit Card Companies' Strategies and Delinquencies 10:30 - Labor Market Concerns and Fed Policies 15:04 - Impact of Fed's Rate Policies on Inflation and the Economy 20:13 - Real Estate Market Dynamics 23:19 - Potential Policy Impacts on Real Estate and Capital Gains 29:19 - Infrastructure Bank and U.S. Economic Development 35:05 - Ongoing Commodity Price Escalation and Long-Term Projects 39:06 - Uranium and Nuclear Energy Developments 43:54 - Portfolio Diversification Strategies 44:23 - Where to Follow Dr. Nomi Prins 45:04 - Outro and Call to Action **Disclaimer:** Some of the links presented might be affiliate links. We might receive a commission if a purchase is made using those links! Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary. Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi (short for conflict of interest). Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial’s content, each consumer of Soar Financial content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences. #gold #goldprice #goldinvesting #jeromepowell #fed #federalreserve #brics #preciousmetals #technicalanalysis #investing #stocks #mining #money #wealth #silver #trading #stockmarket #portfoliomanagement #msa #nomiprins #debt #creditcarddebt #kitco #kitconews