Daniela Cambone sits down with Edward Dowd, founder of Phinance Technologies, to discuss the potential for a financial breakdown in 2024 and the role of central bank digital currencies. He highlights the unraveling of the banking system and the need for sound money. Dowd also explores the impact of political factors, particularly in an election year, on the stock market and the overall economy.
📞GOLD & SILVER BUYER CONSULTATION
Ready to explore Gold & Silver and how a proper strategy can not only protect your wealth but create opportunities during crisis? Schedule your strategy call now: or call 866-706-9061
📖 FREE REPORT: “Ultimate Guide to CBDCs: How It Affects Your Future, Retirement, and Freedom” 👉 Download Now:
CBDCs threaten to hand over unprecedented control of our finances to governments and central banks. Learn how to maintain your control and power. Download the report today.
📖 CHAPTERS:
0:00 Edward Dowd
0:57 Breakdown of System
4:16 Great Reset
8:05 CBDC
13:10 Fed’s Next Moves
16:27 Election 2024
19:25 Smart Money
👋 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.
ITM Trading Inc. © Copyright, 1995 – 2023 All Rights Reserved.
#economy #gold #cbdc
source
34 Comments
📆Adapt to 2024's Financial Challenges: In a time of potential financial upheaval, learn how gold and silver can play a crucial role in protecting and growing your wealth. With expert insights on the impending banking changes, shifts in currency, and market instability, be prepared for the impacts of central bank digital currencies and political shifts in an election year. Don't miss out on strategic guidance tailored to navigate these uncertainties. Book your strategy session now at https://calendly.com/itmtrading/500?utm_content=DC12132023 or reach out at 866-706-9061.
CBDC is programmable …they will restrict and control your spending
At some point in the past banking got people to take their cash from under the mattress a deposit it in a bank. We can see benefits of that, right or wrong. Which benefits are the big boys seeking now? By moving into cbcd
Prediction, a CBDC won’t survive, if they try….it will be an even worse meltdown
So if the citizens start creating their own ways to create different forms of money then it will fail .
Wait ! What covid wee Planned ?
No one will go for this
What was missed here imo and maybe I missed it but, we all know the Administration currently in power will pull out all of the stops to prevent this from happening before the election. I believe they will keep us on life support till then, all the while they will openly tell everyone CBDC will never happen. Then after the election "an event" will happen which the media will hype up. The media will also hype up the CBDC as the only way out, and they will use that as an excuse to make the switch. This is how my mind sees this through. Now if Trump wins how do they pull it off? I guess the same scenario could play out…..
So the money in the bank who get it
After the election in November, all hell will break loose🥵🥵🥵🥵🥵
Federal Reserve banks are private companies. Their CBDCs are a form of company scrip. Script was outlawed in the Fair Labor Standards Act because it locked in labor to the system operated by company controllers. CBDCs are a substitute for government-issued legal tender or currency because it can only be exchanged in company stores or stores accepted by the controllers of the block chain. This is unconstitutional and illegal.
I'll never support another politician. We need self representation, not some other people who lie, steal, and kill us off in order to feed our enemies.
The USA will fall behind the rest of the world regarding CBDCs. Charlatans like Ed Dowd will be reviled when people realize that CBDCs enable the public to hold governments accountable. Look to the Philippines, India, Nigeria, China and Russia to lead on CBDCs.
So how do people keep from getting sucked up into the CBDC trap.
Dollar around the world , its world eide.
I love cash and change
I dont gamble , i dont want my 401k in stocks , I want my money . They want to give me 100.00 a month , what is that going to do for me. I want my 54,000.00.
It's all been a ponce scheme from the beginning. Gamblers , dont cry when you loose. The problem is we work our lifetime , they gamble our retirement and lose it. That's where we have a major problem.
The billionaires are all selling their stocks
Great video. If you’re in the market now, basically keep a sharp eye on it and keep the mouse cursor hovering over that SELL ALL button.
They are just debasing the currency. When you "create" fiat out of thin air it means you dilute/debase the value of the current FRN in circulation- your wage, savings and investments. Yes investments melt up, but they actually have far less purchasing power than they did before the melt up. Workers are hardest hit as the "1-2% raises pretax" amount to $30 a paycheck usually gobbled up by massive health insurance premium increases. The 300K 401K of 2010 bought far more retirement than the 1.2M 401K now.
Russia is doing great financially. 😅
Regarding CDBC some reality in needed has it already been tested ? No. So quickly implementing it is not possible. Takes time folks 😀. And if it comes we get booming black markets for sure. A control state always creates solutions to work around CBDC, that is human nature. We are creative spieces you know.
Cbdcs are already dead. They are unconstitutional.
War will be the reason the can go back to money printing. this is why they are ratcheting it up as they are trying to beat Russia up with a thing called "The Ukraine"
Smart people telling us it’s going down… I have been hearing this for 15 years. Seriously this time is different. This is now two months old.
Why can’t we have a CBDC without their controlling us. I don’t see the need for facism just to have a digital economy. I do think Klaus is a Nazi, based on the way he wants to execute his fantasy.
Exactly what Jim Willie started saying probably almost a decade ago. When this thing ends, the dollar is going to rise, rise and rise some more, then poof, vanish
It's been called " The quickening "
Ending the Central Bank system would NOT be easy. They would not go along with that! Look what happened with Kennedy.
i've been listening to you Ed and you're correct people aren't using cash much these days i always use cash in shops and fuel stations!
Cyberattack
Resist CDBC. Every aspect of your life will eventually be controlled. 1984 is coming !
History tells us that a country will destroy its currency before it collapses.