Only This Can Save You as Global Sovereign Debt Bubble Bursts, System Collapses

Only This Can Save You as Global Sovereign Debt Bubble Bursts, System Collapses

Daniela Cambone:  8-28-2024

“You must own gold in this environment. And we're going to own it until there is an honest, sound monetary system,” says Jeff Clark, editor of Paydirt Prospector.

In an interview with Daniela Cambone, Clark emphasizes the importance of owning physical gold as a hedge against systemic risks until a stable monetary system is established.

"We're going to be overweight gold, meaning 20% of your portfolio in physical metal stored outside of your home until the monetary system is revamped.” While Jeff is bullish on gold and silver, he advises against going all-in on one asset class.

A balanced portfolio is important to mitigate risks.

CHAPTERS:

00:00 Gold 3:35

Bullish for gold

 4:45 Jeff’s interactions with gold

8:03 Bitcoin

9:00 Gold standard

10:05 Silver

 12:08 S&P

 13:44 Copper

15:14 Junior miners

21:50 Physical gold

22:53 How can investors better prepare?

https://www.youtube.com/watch?v=GA6CZevj2To

 

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