Economists Uncut

The Illusion Of Wealth EVAPORATES… (Uncut) 02-14-2025

you know everybody wants to be wealthy do you really want to be wealthy or do you just want that illusion of wealth as we see different markets go up while the value of the dollar goes down this is called Phantom wealth and that’s what we’re going to talk about today cuz it’s critical that you understand this and you understand the difference so first I’m going to go to the Millennials which are those that were born after 1982 according to the Federal Reserve and they are defining wealth as it includes

real estate consumer durable goods corporate equities mutual fund shares defined benefit pension entitlements okay Define contribution pen pension entitlements and private business assets where are the hard movable assets why isn’t sound money part of that we need to change that but take a look Millennial wealth in the US has nearly quadrupled since 2019 what happened in 2020 a ton of printing in fact I can use both of these hands at once a ton of printing which pushed which pushed those paper assets

up and those assets that were targeted for reflation let’s hope that those Millennials aren’t trying to buy their first house but St Louis fed reported between 2019 and 2022 home prices J jumped 44% and that is largely driven by real estate gains so those gains since 2019 largely driven by real estate gains the medium wealth of these younger people more than quadrupled during this three-year period now this is actually important to understand because if you see your you open up your statement and it looks like

something has gone up your retirement statement or your stock portfolio what have you then in theory anyway you feel richer and therefore you are more likely to take on more debt and spend more money but there’s a shift that’s happening and it’s really pretty easy interesting but even as households be became wealthier inflation and instability have left more people in the bucket of so-called Henry’s which are high earners not rich yet and the Henry phenomenon isn’t limited to Millennials or gen Z it’s harder for every

generation to feel financially comfortable when the management of so much risk we’re coming back to that related to employment employment Health Care retirement pensions insurance and other components of economic well-being has been shifted to individuals during a period of rapidly Rising prices and and the reality is is this shift from the few from the corporations to the many to the public that really don’t understand how these markets work well that’s been happening actually since the since the

early 7s when Nixon took us off the gold standard and then the central banks were in charge of regulating the rate and speed of inflation and therefore helping you feel more wealthy as the devaluation of the currency added to gains paper gains at any rate so the question that you have to constantly be asking yourself and this is a question that I ask myself all the time has enough risk been transferred from the few to the public so that during this next Crisis it will be too expensive to bail out that’s what

everybody needs to know so let’s take a look at the probably more truth median household income by state and remember I have the links to all of this work below make sure by the way that you give us a like subscribe and share share share it’s so important but Maryland has the highest income average income median income I should say at $887,000 a year which might sound like a lot to you Mississippi has the lowest income of $46,500 a year interesting enough well how about the cost of living because it

doesn’t matter how many of these things you have it matters what you can do with it period end of discussion I have a 10 trillion dollar Zimbabwe note and I can’t buy eggs with it or anything else eggs are another story for another day but let’s also look at the cost of living for a family of four in each state Maryland with the highest income earners their cost of living even though the the average the median income is 87,000 their cost of living is targeted at $99,000 that’s a pretty good shortfall

and Mississippi that has the lowest income at $46,500 their cost of living is 88,000 almost double what the median wage is do you see the problem and so what people do in order to sustain theirr current standard of living is they take on debt which also creates new money inside of the system the total average debt by generation going back 2020 2021 22 23 and then the last one is anticipated in 2030 the Fiat money bridge between that that difference of income and expenses is debt and you can see that that debt

continues to go up though the Millennials have the fastest rate of debt increase isn’t that interesting no wonder they feel poor and at the same time we’re looking at economic growth that is slowing and slowing and so what does that mean fewer job opportunities and if you’re afraid of of not being able to easily get another job then you accept lower wages is and how does that help you the US gross domestic product and and remember inflation is in those numbers they don’t want you to realize that but our inflation is running at

roughly if you believe their numbers which I don’t but if you do isn’t it interesting that the growth is roughly the same amount as inflation H H there’s no real growth and there isn’t going to be real growth growth but there is going to be a whole lot more inflation and so how is this going to impact people’s standard of living if you’re wealthy all of this inflation that we’ve been experiencing doesn’t really impact you but if you’re living paycheck to paycheck which a lot of people making up to

$250,000 a year are doing we got a real problem because what is that do to the default rates and we’re seeing signs of this distress all over the place because in reality a rising gold price is a signal of distress and when you have the dollar and gold Rising together wait a minute wait a minute let’s think about that because this is sound money this is government Fiat money they’re both money they’re the flip side of the coin so in theory what you expect to see is if the dollar goes up it’s really going up against those trading

partners or other currencies other Fiat currencies but you would see the dollar go up and the spot gold market go down and vice versa and if you’re looking just on a day-to-day basis that’s mostly what you’re seeing mostly the inverse relationship between the two always reasserts itself and he is the precious metals analyst the chief one at HSBC is that true now if you just take his word for it that’s one thing but let’s look at the data and we’re even talking about the manipulated spot market and this goes from 99 to

13125 and the red is spot gold but can you see all the way back here oops I didn’t grab my little thingy here we go can you see over here where yep it was a mirror image of each other this is when I first came into the gold market when this shift started to take place because I knew since I’ve studied currency life cycles since 1987 I knew this was the end of this systems experiment I can never tell you when because goodness gracious they can come up with all sorts of things to keep things looking a certain way however it

is the Public’s experience and when they start to see this rapid inflation then they start to lose confidence and when all confidence is gone there you go but I do want you to seriously look at the spot US dollar this is a contract right and where they want it they want you to think that oh that always reasserts itself well I don’t think this man knows history I don’t think this man understands currency life cycles and frankly that that’s what I find from most people and we can see these cup formations that

I’ve talked about and once it broke out you can also see how they manipulated the price down but it really doesn’t matter once that breakout occurs it occurs accept it and understand that that is a pattern shift that bears watching and playing into moving into this is what we’re talking about is sound money because you’ll see these kind of technicals on all sorts of things but what do we know we know that the stock markets the bond markets the real estate markets are severely overvalued can they go up more sure I

think we’re we are definitely in a melt up phase but with the new Administration there’s going to be a lot of volatility in these markets so what I really say is get to safety what is the safest thing you can do sound money and we have a strategy that’s built in layers every single person on this planet needs a foundation and sound money because that’s what’s going to protect you from all of this and also we’re going to see as time goes by who’s going to survive this mess and guess what if you’re holding your purchasing

power intact you’re going to be able to take advantage of what still yet lies in our future but don’t be fooled by the hype because they don’t want you to look at physical gold and physical silver once you own it you hold it you own it outright no counterparty risk all this other stuff completely counterparty risk so you can look short term and see one thing but frankly over time and history you can see more of the truth now is this really reflecting even above 2800 is that reflecting Gold’s True

Value no it does not reflect TR Gold’s true fundamental value that is a trading market and hey if you’re a Trader rock and roll hoiku I can’t tell you what to do but if you are a strategic investor like I am you get into POS position you do not get blinded by those numbers because you understand that this is designed to lose value and the markets going up are designed to sucker you in and if all you’re doing is gold ETFs you’re still suckered in it has to be the physical markets period end of discussion that you pull outside of the

the system and then you let the markets do what they’re going to do what if I’m right what if I’m wrong if you can do something where it doesn’t matter whether you’re right or wrong would you not do that cuz I do all day long if I can do what doesn’t matter if I’m right or wrong even if it cost me a little premium as long as I’m clear on what the true value of this asset or instrument is going to do because I can’t give you a lot of guarantees but I can guarantee you that I will show up and do the work

because that’s my biggest commitment to you and I can also guarantee you that at some point all assets all instruments move to their fundamental value which in terms of Fiat money and I don’t care what currency it is anywhere in the world that’s zero but for physical gold and physical silver in terms of this garbage which once you see that you’re not really going to want to convert it in unless you’re going to execute part of the strategy the truth will always Prevail and to further proof just look at what

you would have gotten had you been paid in sound money gold even going back to 1913 you don’t want to go that far go to 1971 and quite frankly had you been paid in Gold without a raise you would be earning right now $710,000 6 at the current spot if you owned that if you were paid the same amount of gold and what if you were paid the same amount of silver you’d be at 22 36452 I rest my case now make sure that you click that like button leave us a comment we need to get the conversation going share

share share make sure you subscribe and also make sure you check out our most recent videos about the japanization of the US and actually I’d even go so far as to say the world and what that really means for you and I’m going to tell you this and I know it look in the mirror and ask yourself if not me who if not now when join this community help us grow let’s create that very quiet Revolution and put sound money back in your hands take back your power and until next we meet I know that together we can make a positive

difference really for the whole world please be safe out there bye-bye

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