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

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Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver

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👨‍💼 Guest: Dr. Nomi Prins, Founder

🏢 Company: Prinsights

🌎 https://prinsights.substack.com/

📅 Recording date: August 29, 2024

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📆 Save the Date 📆

DEUTSCHE GOLDMESSE 🪙

November 21 & 22, 2024 in Frankfurt, Germany

www.deutschegoldmesse.com

Register today.

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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

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