The U.S. is on the brink of a dangerous recession in 2025, warns Edward Dowd, Founding Partner of Phinance Technologies. In this episode of our 2025 Outlook Series, Dowd joins Daniela Cambone to dissect the economic challenges ahead, pointing to unprecedented government spending and migration issues as key factors dragging down the economy. “Immigration has been the elephant in the room for the last two years. That’s one of the major reasons President Trump was elected” he says. Dowd also delves into the role of central banks and fiscal stimulus, predicting that inflationary pressures will drive gold higher in 2025, reminiscent of the economic turbulence of the 1970s.
📖 FREE REPORT: Discover Daniela Cambone’s Top 10 Essential Lessons for Safeguarding Your Wealth in Uncertain Times—get it now at www.danireport.com!
📞 ACT NOW, BEFORE IT’S TOO LATE: Edward Dowd warns of rising global tensions, a collapsing middle class, and the fall of the dollar. Gold is your best safeguard in uncertain times. Protect your future with physical gold and silver today: or call 866-706-9061
“ITM did a great job of educating me on the history of the dollar, the financial markets, the banks, gold, and the laws so that I had a better understanding of things.” – Kristen W.
👋 STAY IN TOUCH WITH ITM & DANIELA
🟩 Schedule a Strategy Session: 866-706-9061
🟩 Email us at services@itmtrading.com
🟩 Official Homepage
🟩 Listen On The Go:
🟩 ITM’s Twitter:
🟩Daniela’s Twitter:
🟩Daniela’s Newsletter:
🌎 ABOUT ITM TRADING:
For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.
Disclaimer: The information provided in this video is for educational purposes only and should not be construed as financial advice. Gold and silver prices are influenced by many factors and may fluctuate. All assets carry some risk and past performance does not guarantee future results. The views expressed by our hosts or guests do not always reflect the views of ITM Trading nor guarantee a specific outcome. Always conduct your own research and consult a financial advisor before making any investment decisions.
ITM Trading Inc. © Copyright, 1995 – 2025 All Rights Reserved.
#finance #gold #immigration
source

27 Comments
That guy is an absolute nut
Sounds like right wing economics that Biden and Obama were suckers for. Both deported more without tearing up the Constitution!
Your guest is also racist though!
Quit being so racist Daniela! You totally missphrased the question. He had to rephrase it for you.
The crash will dwarf the Great Depression and will go into the history books to write about for a thousand years.
Halting immigration, stop hiding the true health of the economy by printing money all this will show how actually deep in the toilet we are and all that the Liberals and NDP will do is point fingers.
Our inflation rate is double digit, our growth is stagnant, job losses are increasing, food banks are struggling and the housing market which Canada is dependent on is crashing….
Negative 👎! We have enough people here already. Let's for once focus on them. 🤓
Ed is a living legend!
Take a hike ED
Come on really the flow of migrants being cut off is going to cause a recession. Are you out of your freaking mind?
So, Dowd thinks that the government wasting hundreds of Billions of $ bribing illegals to come here, taking our food, medical care, education, jobs etc., is what is propping up the economy? Not sure that's true, but even if it is, it isn't worth it. Our country is bankrupt. Putting more on the 'credit card' of the $37 billion national debt isn't going to fix it. We need to get back to basics, and Trump is doing that as we speak. It may be tough for a while, but it is necessary to get back to a productive and honest economy.
All they have to do is lower the costs of all their products……cut into some of the profits of these big companies….they are all greedy for the share holders.
The economy is a farce. Bernie Madoff called it a ponzi scheme. The dollar ( U.S and Canadian ) is toilet paper.
Daniela Cambone is beautiful 💞 obviously
All these comments show how ignorant the majority of the viewers are. Very MAGA to deny economic reality. FAFO!😂😂😂😂
Lol. NO.
Tax cuts again? It didn't work the last time. The rich got richer and other americans got poorer.
I'm not buying it either. So many things to offset the flow. Can't blame it on the deportations, it's all been on the verge for a very long time. In fact, to destroy the DS, it all NEEDS to come down, not with a CBDC reset, but a fair and honorable one.
An illegal alien costs the US Government over 30,000 usd they need to be feed, housed, given medical care, spending money, educated and incarcerated if necessary. These people are a drag on the economy and increase taxes to the tune of their support.
Some contribute to the economy, most do not. Most work in the underground economy and contribute no taxes. America is 36 trillion in debt, our currency has been devalued to the extent of 20 to 30 percent in the last 4 years.
The only segment that benefits from this is Walmart, Target, food industry, and the like. The rest of legal America pays through the . Our schools are over crowded and citizens are being deprived of a quality education.
Get these illegals out, come through the legal system setup. The Immigration System is not broken, it is just not used by the people who seek economic asylum, only about 5 percent of the immigrants qualify for legitimate asylum.
I,m not buying it sorry.
We've been in an unsustainable downward spiral. Pain is coming bc Biden and those before him spent more to sustain the economy, and kicked the can further.
Give me the financial crisis! Please 🙂
is this dude Canadian🍁
GDP is not a good indicator of civilizational improvement. For instance, tearing down all homes and rebuilding them would be a big rise in GDP. But the net benefit to society would be vastly negative.
the strain on medical and housing ( for free) for the illegals is the problem , once that returns thats GOT TO bring back at least 3to 4 % of GDP.
Why tremors?
OTOH, not spending all that taxpayer money will help with the deficit. That’s the bigger problem right now.