Carol Roth

It's because it's all tied into keeping, like you said, the biggest bombs and that threat in place. Because if we don't have that, then things shift pretty significantly and once again not in our favor. And probably pretty quickly. Yes.

Joten tietysti tämä ei ole taloudellinen suosi, voin vain kertoa sinulle, mitä teen. Ja tietysti olen erilaisessa taloudellisessa positiivisessa kuin muut, jotka voivat katsoa. Ymmärrän sitä. Joten tämä on vain minun ajatuksiani ja tehdä sitä, mikä on tärkeää sinulle. Mutta todellisuus on, kuten sanoin, että menet ulos ja kulut elämäsi ja tuntemasi.

Mielestäni tuotantopäällikköiden voima on jatkuvasti pysyvällä. Minun mielestäni olen käsitellyt rauhallisia rauhoja, erityisesti kylmää. Kylmää on jatkuvasti. Minä olen nyt syönyt kylmää, koska rauhoja on muuttunut. Olen tehnyt todella, todella hyvin, joten en ole epäonnistunut siitä. Minä voin aloittaa uudestaan, mutta olen nähnyt sitä enemmän kaupungilla.

I have a little bit of it, but most of that's gone. But gold has a 5,000 year social contract. We've seen gold as a backer of our financial system for pretty much like the last thousands and thousands of years. And it really is only since 1973 that this weird fiat industry

bubble kind of started to percolate. So I just see that things always kind of go back to where they were before. We're seeing central banks around the world instead of going into treasuries. It

Instead of going into some of your U.S. assets are starting to go into gold. And I think it's going to be very meaningful for the United States. And I expect that they will probably do a revaluation at some point in time. So again, just my insight, but I think that gold, my perspective on it is it doesn't go up in price.

It just maintains its price, but the dollar goes down. And so if you're trying to hedge out against your dollars, you want to have some of your portfolio. It used to be like 5 to 10 percent of your portfolio. I am personally, we're pushing towards 20 percent right now.

Just because we think that's what makes sense in today's day and age. And it's expensive. So dollar cost averaging is great. Every week you put a little bit or every month you put a little bit in. And whatever the price is, some months or weeks it's going to be higher and some it's going to be lower. But over time you're going to get that average price of where it's been. And you're not going to wait and see it move up many more legs and go, oh, I wish I would have gotten in. Or if it falls down.

sinä jatketaan seuraamassa sen vähemmän kohdalla, joten et voi aikataulua. Luulen, että se on helpompi paikka mennä siihen. Se on haastavaa, koska jos ostat rauhallisia metallia, sinä olet maksamassa seurauksen, ja jos ostat sen, sinun täytyy löytää paikka, jossa se on oteellinen.

If you buy GLD, there's always a differential. That's the paper ETF between the spot price of gold and GLD. And sometimes it runs above and sometimes it runs below. But it makes it easier to get in and out of. I'd be very careful selling because you are taxed at a collectibles capital gains rate instead of a regular capital gains rate. Sell your gold on the black market, guys. Don't sell it to anybody. But the whole...

But the whole point for me is to just hold it. It's the anchor to my dollars. Now, I'm also invested in the market because I do believe that the stock market needs to continue to go up. The president has told you that he's going to run things hot. This is going to be on what's called a nominal basis, so the headline number, not adjusted for inflation. On a real basis, adjusted for inflation,

It probably is not doing well. In fact, the S&P has not kept up with gold. It looks really ugly if you look at the charts of the stock market compared to gold. But again, that's why you have that in your portfolio. But just to keep up on a nominal basis, the one part that we have to worry about with stocks is

is that there is a ton of international money that's in the market. And at some point that money is probably going to get drawn out for their own crises and maybe thrown into gold or whatnot. And that's going to have a downward effect. But again, I think that they're going to use tools like Fed tools and whatnot to pump it back up.

Koska jos taloudellinen markkini mennään takaisin, sekä suoraan että ilmaisempaan, hallitus saattaa saada hieman vähemmän rahaa. Se voidaan käsitellä ja se voidaan lopettaa kriisin. He tietävät, että heidän täytyy jatkaa tukea sitä. Jos näet recent postin Donald Trumpista, jossa hän sanoo, että DAO on 100 000.

Ja taas, kun hän ei, etten sano, että se ei ole välttämättä oikea suunnitelma, hän kertoo sinulle, että minä menen tämän kaupungin. Ja niin, he jatkuvat hintoja tähän, joten minä luulen heille. Joten minä ajattelen, että pitkällä aikavälillä se on tärkeää, että on asioita, mutta taas.

Pricing may get all over the board, so if you do it on the regular, you keep that dollar cost averaging, you do something broad like the S&P 500, so you get that breadth of exposure, that may be the way to play it and just have a diversified portfolio.

If you have the opportunity, if you work for a company and you have the opportunity to get equity, you believe in what you're doing and you can get some ownership in what you're doing, I think that's another great way to participate. Everybody always wants the cash, but they don't want that ownership, that participation. And given where we are in the financial cycle and also the fact that you get rich with assets,

yrittäisi saada, jos pystyy, yrittäisi ratkaista itselleen osa yrityksestä, jotain asioita, muutamia vaihtoehtoja. Monet yritykset ovat onnellisia, eivätkä he anna sinulle niitä dollarit, jotta voit antaa hieman arvoa, ja en usko, että tarvitaan tarpeeksi ihmisiä, mutta se on toinen hyvä asia, jos uskot yrityksestä, jota työskentelet, ja olet onnellinen. Carol, kiitos paljon. Tiedän, että pitäisi olla paljon ihmisiä, jotka haluavat mennä yhdessä maailmaasi ja seurata. Mikä on paras paikka heille tehdä sitä?

So I have a free economic newsletter. We talk about the things like we talked about today in layman's terms, plus a couple of funny things every time I send it out. And that's at carolroth.com slash news. And I am cross social media, but spend most of my time on, I still call it Twitter. You can call it active, call it whatever you want. And I'm at caroljsroth there. And as you mentioned, I've got three different books. Most recent is, funny enough, called You Will Own Nothing.

It's fairly – there's a good conversation going on right now at GlennBeck.com.