1 00:00:00,000 --> 00:00:05,180 Speaker 1: A currency reset is the kind of event that happens maybe once in your lifetime and when it 2 00:00:05,180 --> 00:00:11,400 Speaker 1: comes it does not treat everybody the same. Some families walk out of it a lot poorer than 3 00:00:11,400 --> 00:00:17,760 Speaker 1: they thought possible and a small number walk out richer than they went in and Hugh here of 4 00:00:17,760 --> 00:00:23,740 Speaker 1: course is our in -house currency expert but in all seriousness the difference is not luck 5 00:00:23,740 --> 00:00:28,940 Speaker 1: and it is not how much they started with it is what they were holding when the music 6 00:00:28,940 --> 00:00:35,940 Speaker 1: stopped and I keep getting asked the same question when this happens what assets actually 7 00:00:35,940 --> 00:00:42,120 Speaker 1: hold value and there are three and I'm going to show you why so today I'm going to answer 8 00:00:42,120 --> 00:00:48,880 Speaker 1: exactly this properly it's not about buried gold bars not some doomsday prepping here 9 00:00:48,880 --> 00:00:55,500 Speaker 1: just a real plan for real money and the part that catches people out as this. 10 00:00:55,880 --> 00:01:02,020 Speaker 1: One of these three assets is the one almost everyone assumes gets wiped out first. And 11 00:01:02,020 --> 00:01:07,940 Speaker 1: we'll get to it. And once you see why it holds, you will never quite look at your money in 12 00:01:07,940 --> 00:01:12,660 Speaker 1: the same way again, which is really the goal here. And by the end of this video, we're not 13 00:01:12,660 --> 00:01:18,060 Speaker 1: going to panic. We're going to have a plan. So stay with me. If you're wondering who I am, 14 00:01:18,160 --> 00:01:21,940 Speaker 1: my name is Felix Nicholas Preen. I'm an economist. I'm a former investor and banker. I'm 15 00:01:21,940 --> 00:01:26,560 Speaker 1: also the founder of the Preen Institute, where we publish economic research and research on 16 00:01:26,560 --> 00:01:30,820 Speaker 1: financial markets and also provide instructions on how they actually work. I take zero 17 00:01:30,820 --> 00:01:36,580 Speaker 1: sponsorship, zero endorsements ever. So me and Hugh here, we can say whatever we like. Now, 18 00:01:36,660 --> 00:01:41,800 Speaker 1: there's quite a lot to cover here in terms of ground. So I've put the whole thing into a 19 00:01:41,800 --> 00:01:47,120 Speaker 1: short free report that you can download and read in your own time at FelixFriends .org 20 00:01:47,120 --> 00:01:52,760 Speaker 1: slash holds. There's a link down below in the description as well. So grab it. It'll make 21 00:01:52,760 --> 00:01:57,360 Speaker 1: the whole thing stick with you a little bit more deeply. And one more thing before we 22 00:01:57,360 --> 00:02:02,360 Speaker 1: start. If you're watching this, you're actually already ahead of most people. Why? Because 23 00:02:02,360 --> 00:02:07,860 Speaker 1: most people will hear about this from, you know, a headline in 18 months or something like 24 00:02:07,860 --> 00:02:13,320 Speaker 1: that. So you are early. And that is a wonderful thing to be. It's a wonderful thing to be 25 00:02:13,320 --> 00:02:17,780 Speaker 1: early if you are in this situation. So let's be clear about what a reset even is in just 26 00:02:17,780 --> 00:02:21,860 Speaker 1: plain terms because the word gets thrown around and nobody really defines it right but a 27 00:02:21,860 --> 00:02:28,060 Speaker 1: currency reset is that once in a lifetime moment where the system rewrites the value of 28 00:02:28,060 --> 00:02:33,540 Speaker 1: everything priced in the old money it's not necessarily a crash a crash is loud and you can 29 00:02:33,540 --> 00:02:38,060 Speaker 1: see it a reset is a little quieter than that and in some ways it is much much worse because 30 00:02:38,060 --> 00:02:43,880 Speaker 1: it changes the rules underneath well you're still playing by the old rules so here's the 31 00:02:43,880 --> 00:02:49,460 Speaker 1: mechanism people don't really talk about. Most people keep their life's work as a claim 32 00:02:49,460 --> 00:02:55,360 Speaker 1: inside the system. Cash in the bank, ordinary savings. The balance you were told to keep 33 00:02:55,360 --> 00:03:00,600 Speaker 1: for safety, pension you can't touch for years, all of that is a promise written in the old 34 00:03:00,600 --> 00:03:06,840 Speaker 1: money and it only exists as a record on somebody else's computer. And a record can be, 35 00:03:06,840 --> 00:03:13,340 Speaker 1: well, altered. It can be tapered. It can be quietly written down. And the bigger the 36 00:03:13,340 --> 00:03:18,180 Speaker 1: balance, the less it tends to be honored because the bigger balances are where the money 37 00:03:18,180 --> 00:03:23,820 Speaker 1: is. And this has happened before over and over throughout history. Every few generations, 38 00:03:24,060 --> 00:03:28,980 Speaker 1: the debts grow too large to ever be repaid in honest money, and the system finds a way to 39 00:03:28,980 --> 00:03:33,900 Speaker 1: rewrite them. And sometimes it's very sudden and sometimes it's very violent, but most of 40 00:03:33,900 --> 00:03:40,820 Speaker 1: the time it's slow and you barely notice it until it's all over. But the pattern is always 41 00:03:40,820 --> 00:03:46,840 Speaker 1: the same. The people who held claims inside the system paid for it. The people who held 42 00:03:46,840 --> 00:03:52,120 Speaker 1: real things outside the system did not. So this is not a conspiracy theory. It's just 43 00:03:52,120 --> 00:03:58,520 Speaker 1: arithmetic. And when the debts cannot be paid, somebody's savings become the payment. So 44 00:03:58,520 --> 00:04:03,840 Speaker 1: think about who that hits hardest. It's not the reckless gambler. It's the sensible saver 45 00:04:03,840 --> 00:04:08,180 Speaker 1: it's the person who did everything they were told to do they worked they were careful they 46 00:04:08,180 --> 00:04:13,160 Speaker 1: kept their money in the safest form they could find and that safe form is the exact form a 47 00:04:13,160 --> 00:04:18,460 Speaker 1: reset can reach so the careful ones are actually the most exposed because they followed the 48 00:04:18,460 --> 00:04:25,320 Speaker 1: rules too closely now the gambler or he spent it or moved it or whatever the saver 49 00:04:25,320 --> 00:04:31,380 Speaker 1: left it sitting exactly where the reset can find it in one place that felt safest of all so 50 00:04:31,380 --> 00:04:36,220 Speaker 1: this is not losing money in a market you can watch and react to. This is agency being 51 00:04:36,220 --> 00:04:42,000 Speaker 1: removed. It arrives sort of wrapped in soft language, fairness, sustainability, stability, 52 00:04:42,120 --> 00:04:46,280 Speaker 1: that sort of gibber. And you'd be told it's for the common good and you'd be told it's for 53 00:04:46,280 --> 00:04:50,800 Speaker 1: your own good. And while you're being told all that, the one form of money you trusted the 54 00:04:50,800 --> 00:04:56,820 Speaker 1: most is being changed. So the question stops being will this happen? And it becomes much 55 00:04:56,820 --> 00:05:02,180 Speaker 1: more, it becomes a much more useful one. What do you move your money into so that when the 56 00:05:02,180 --> 00:05:07,360 Speaker 1: rules get rewritten, it's already started, your share is in a form the new rules cannot 57 00:05:07,360 --> 00:05:12,540 Speaker 1: quietly take. And that's the point of this entire video. Before I show you the three 58 00:05:12,540 --> 00:05:17,380 Speaker 1: answers here, I just want to be clear. Reading what is about to happen to your own money 59 00:05:17,380 --> 00:05:22,900 Speaker 1: before it shows up in the headlines is a skill. It's a real one. It's not luck. It's not a 60 00:05:22,900 --> 00:05:28,440 Speaker 1: gift you were born with. It's a thing you learn and nobody ever taught it to you. think 61 00:05:28,440 --> 00:05:33,360 Speaker 1: about that you were taught plenty of things at school you've never used since and and and 62 00:05:33,360 --> 00:05:39,140 Speaker 1: this they never covered never how money actually moves never how to tell what holds its 63 00:05:39,140 --> 00:05:44,600 Speaker 1: value from what gets taken never how to read the early signals before the news catches up 64 00:05:44,600 --> 00:05:50,980 Speaker 1: and again it isn't your fault you cannot be blamed for a lesson you were never given but 65 00:05:50,980 --> 00:05:57,880 Speaker 1: here is the the tough part and if i'm honest with you and i can be honest with you 66 00:05:57,880 --> 00:06:02,340 Speaker 1: because i'm not accountable to anybody which is the wonderful thing if you want to keep 67 00:06:02,340 --> 00:06:08,200 Speaker 1: what you have spent a lifetime building learning this is now your responsibility no one's 68 00:06:08,200 --> 00:06:13,580 Speaker 1: coming to do it for you no politician is going to bail you out but the good news is you can 69 00:06:13,580 --> 00:06:17,960 Speaker 1: learn it you already learn to walk you already learn to swim you learn to ride a bike and 70 00:06:17,960 --> 00:06:22,620 Speaker 1: those are actually fairly hard things to do and you weren't born knowing how to do that. So 71 00:06:22,620 --> 00:06:29,120 Speaker 1: I'm going to teach you this live and for free for about two hours. How a reset actually 72 00:06:29,120 --> 00:06:34,460 Speaker 1: moves your savings and pensions step by step in your portfolio and how to tell the assets 73 00:06:34,460 --> 00:06:39,040 Speaker 1: that hold from the ones that get taken and the early signals that I watch for, the ones 74 00:06:39,040 --> 00:06:43,960 Speaker 1: that move long before any of it reaches the news. And you can ask me questions directly. 75 00:06:43,960 --> 00:06:47,700 Speaker 1: I'm going to show you exactly what I'm watching or what I'm looking to buy and everything 76 00:06:47,700 --> 00:06:54,180 Speaker 1: else. Well, this guy here still sniffs around, and he might be there too. This is a little 77 00:06:54,180 --> 00:06:59,900 Speaker 1: Hugh. Well, he was little. Now he's getting rather large. But seriously, most people will 78 00:06:59,900 --> 00:07:06,180 Speaker 1: act after the reset, once the prices have moved, once their portfolio is in the, you know, 79 00:07:06,320 --> 00:07:12,960 Speaker 1: and by then the lesson is very expensive. Right now it's free. So here's what you do. You 80 00:07:12,960 --> 00:07:17,980 Speaker 1: go to survivethebubble .com. The link is in the description down below. it's pinned in the 81 00:07:17,980 --> 00:07:24,220 Speaker 1: comment and you grab yourself a free seat and then you're going to write the word act in 82 00:07:24,220 --> 00:07:29,460 Speaker 1: the comments a c t and that way i know that you've done it you know that you've done it and 83 00:07:29,460 --> 00:07:33,160 Speaker 1: everybody else knows that you've done it and then you come straight back here because i'm 84 00:07:33,160 --> 00:07:36,980 Speaker 1: going to give you the three asset classes that actually survive this so asset number one 85 00:07:36,980 --> 00:07:42,220 Speaker 1: it's it's gold so why does gold survive a reset when the cash doesn't well the reason is 86 00:07:42,220 --> 00:07:47,580 Speaker 1: simpler than people really make it. Gold does not sit on anyone's balance sheet. It isn't a 87 00:07:47,580 --> 00:07:53,580 Speaker 1: promise. It is not a record. It needs no conversion because it's not a claim on anything 88 00:07:53,580 --> 00:08:00,500 Speaker 1: else. It's just itself. And money is a promise of some value by the government. A 89 00:08:00,500 --> 00:08:04,940 Speaker 1: share is a promise that you own a piece of something, right? But it's all just a piece of 90 00:08:04,940 --> 00:08:10,680 Speaker 1: paper. So gold can't be printed. And when money is printed which is what they're doing 91 00:08:10,680 --> 00:08:15,320 Speaker 1: every slice of the pie gets smaller and smaller because there is more money chasing the 92 00:08:15,320 --> 00:08:21,180 Speaker 1: same amount of real stuff and that's actually inflation more claims same pie smaller slices 93 00:08:21,180 --> 00:08:26,560 Speaker 1: gold has no pie to dilute nobody can wake up tomorrow and create a hundred years worth of 94 00:08:26,560 --> 00:08:31,840 Speaker 1: new gold to pay a bill it's going to be dug out of the ground at great cost it's slow it's 95 00:08:31,840 --> 00:08:35,960 Speaker 1: painful it's you know there's a real genuine scarcity there's not some sort of marketing 96 00:08:35,960 --> 00:08:41,120 Speaker 1: trick. It's actually a feature of the product. And that's why you see central banks, the 97 00:08:41,120 --> 00:08:45,580 Speaker 1: very people who print the money. And you can see it here, who's buying the gold, how much 98 00:08:45,580 --> 00:08:50,440 Speaker 1: of the central banks are buying here in the last, actually, this year so far. And we've got 99 00:08:50,440 --> 00:08:55,680 Speaker 1: the data through to July, waiting for the August and September data to come out. And 100 00:08:55,680 --> 00:08:59,280 Speaker 1: they're buying record amounts. And these are the guys who are printing the money, which is 101 00:08:59,280 --> 00:09:04,120 Speaker 1: kind of an interesting take on it, right? So they're hedging against their own money 102 00:09:04,120 --> 00:09:08,260 Speaker 1: printing. But there's a trap here and it catches a lot of careful people so please write it 103 00:09:08,260 --> 00:09:13,120 Speaker 1: down there is real gold and there's paper gold real gold is the actual metal you hold it 104 00:09:13,120 --> 00:09:17,520 Speaker 1: and you can put it in the storage unit which is what i would recommend paper gold is a 105 00:09:17,520 --> 00:09:24,140 Speaker 1: promise written on gold it's a record that says you are owed some and 106 00:09:24,140 --> 00:09:29,860 Speaker 1: a promise can be inflated like anything else there are more paper claims and there is metal 107 00:09:29,860 --> 00:09:35,540 Speaker 1: in the vault then the paper gold is not really outside the system it is just another piece 108 00:09:35,540 --> 00:09:41,140 Speaker 1: of the very system and if you look out here how much gold is left in the vaults well you 109 00:09:41,140 --> 00:09:46,220 Speaker 1: can see it's declining right so all those paper promises are now backed by less and less 110 00:09:46,220 --> 00:09:53,220 Speaker 1: and less but the hard gold it holds so this is the warm -up right it's not 111 00:09:53,220 --> 00:09:57,720 Speaker 1: the promise of the whole video let's look at what else there is and then we get to the one 112 00:09:57,720 --> 00:10:04,620 Speaker 1: that is actually my my favorite so the second one is property now 113 00:10:04,620 --> 00:10:11,360 Speaker 1: property is on the one side it has a real value intrinsic value it's shelter people always 114 00:10:11,360 --> 00:10:15,840 Speaker 1: need somewhere to live and somewhere to work in any system under any currency that demand 115 00:10:15,840 --> 00:10:21,480 Speaker 1: doesn't completely vanish right so property is not a claim the way cash is it's a real 116 00:10:21,480 --> 00:10:26,700 Speaker 1: thing bricks and mortar or whatever and it does a job but on the other side property has 117 00:10:26,700 --> 00:10:32,980 Speaker 1: two weaknesses but gold does not and the third one also doesn't it cannot be moved and it's 118 00:10:32,980 --> 00:10:38,000 Speaker 1: very easy to tax you cannot carry a house out of the country in your pocket and the 119 00:10:38,000 --> 00:10:42,980 Speaker 1: government always knows exactly where it is and exactly who owns it so the property stays 120 00:10:42,980 --> 00:10:48,080 Speaker 1: very reachable by the system in a way that metal in your hand does not it holds its 121 00:10:48,080 --> 00:10:54,100 Speaker 1: usefulness but it stays with an arm's length of whoever is rewriting the rules there's a 122 00:10:54,100 --> 00:10:59,060 Speaker 1: nuance that actually matters here and it's again one people miss the more productive and 123 00:10:59,060 --> 00:11:02,560 Speaker 1: self -sufficient the property the more resilient it is so there is a world of difference 124 00:11:02,560 --> 00:11:07,140 Speaker 1: between you know a glass box in a city that only works when everything around it works you 125 00:11:07,140 --> 00:11:11,740 Speaker 1: know the power the water the supply chains and so on and then there is one that you know 126 00:11:11,740 --> 00:11:16,880 Speaker 1: land that can grow something a place with its own water its own power its own ability to 127 00:11:16,880 --> 00:11:21,720 Speaker 1: keep functioning when the wider system is under strain So a home that feeds and runs itself 128 00:11:21,720 --> 00:11:27,080 Speaker 1: is worth far more through a crisis than one that is just an expensive address that needs 129 00:11:27,080 --> 00:11:30,940 Speaker 1: air conditioning to be able to be livable. And there's a second layer to this too, because 130 00:11:30,940 --> 00:11:36,620 Speaker 1: property is rarely just property. Most people buy it with a large loan. So when you own a 131 00:11:36,620 --> 00:11:41,940 Speaker 1: house with a mortgage, you actually hold two things, a real asset, the building, the land, 132 00:11:42,120 --> 00:11:48,320 Speaker 1: and then a debt written in the old money. And here's a strange twist. in a reset where the 133 00:11:48,320 --> 00:11:55,200 Speaker 1: money is being devalued a fixed debt in that old money it also becomes worth less 134 00:11:55,200 --> 00:11:59,700 Speaker 1: and less and less because you're going to repaying it in money that is worth less and less 135 00:11:59,700 --> 00:12:04,780 Speaker 1: and less when you borrow it so the real thing the property holds its value while the debt 136 00:12:04,780 --> 00:12:10,080 Speaker 1: against it actually declines in value so it's one of the few places in the whole system 137 00:12:10,080 --> 00:12:15,240 Speaker 1: where being a borrower can really really work in your favor as long as the loan is fixed 138 00:12:15,240 --> 00:12:21,200 Speaker 1: and you can always make the payments. So property holds with a condition. The more it can 139 00:12:21,200 --> 00:12:25,280 Speaker 1: look after the selves, the more it protects you, the more it depends on everything else. 140 00:12:25,460 --> 00:12:28,960 Speaker 1: Well, if it doesn't, then it depends on everything else being fine, which is truly not what 141 00:12:28,960 --> 00:12:34,740 Speaker 1: you want. Maybe think about if you live in a property you own, how dependent is that 142 00:12:34,740 --> 00:12:39,480 Speaker 1: property on everything around it function? And here's the third asset. And it's the one 143 00:12:39,480 --> 00:12:44,660 Speaker 1: people assume gets wiped out in a reset. People look at the market in the last weeks and go 144 00:12:44,660 --> 00:12:48,940 Speaker 1: oh my god everything is going down and all that stuff and the lazy view goes like this 145 00:12:48,940 --> 00:12:54,680 Speaker 1: shares are priced in the old money and it exchanges and brokers to trade so they sit fully 146 00:12:54,680 --> 00:12:59,700 Speaker 1: inside the system and the system will reshape them however it likes and therefore shares 147 00:12:59,700 --> 00:13:04,460 Speaker 1: are doomed right and you've probably heard some version of that now it sounds sort of 148 00:13:04,460 --> 00:13:11,340 Speaker 1: clever but it's also mostly wrong and understanding why is the most valuable thing in this 149 00:13:11,340 --> 00:13:17,040 Speaker 1: entire video because the mistake is treating shares as one single thing. They are not. A 150 00:13:17,040 --> 00:13:22,420 Speaker 1: share is not a lottery ticket. A share is a part ownership of a real business with real 151 00:13:22,420 --> 00:13:26,840 Speaker 1: buildings, real brand, real customers, and real cash coming in the door every day. I mean 152 00:13:26,840 --> 00:13:33,800 Speaker 1: the money loses value. Those businesses do not at all behave the same way. Some get 153 00:13:33,800 --> 00:13:39,140 Speaker 1: crushed and some do something that feels almost impossible until you see it, they hold 154 00:13:39,140 --> 00:13:45,820 Speaker 1: their real value and a few of them actually grow during it. So what separates those 155 00:13:45,820 --> 00:13:52,500 Speaker 1: two? Well, one thing above all, pricing power. Let me explain pricing power simply because 156 00:13:52,500 --> 00:13:57,320 Speaker 1: this is the heart of everything. Inflation is the force destroying your cash. It's 157 00:13:57,320 --> 00:14:02,220 Speaker 1: ultimately money printing, but we call it inflation. So prices go up, your money buys less, 158 00:14:02,400 --> 00:14:08,020 Speaker 1: your savings shrink in real terms. Now imagine a business that can raise its own prices 159 00:14:08,020 --> 00:14:14,600 Speaker 1: just as fast or faster when the money is losing value. What happens to that business? Its 160 00:14:14,600 --> 00:14:21,340 Speaker 1: costs go up, yes, but its takings go up at least as much because it can just charge more 161 00:14:21,340 --> 00:14:27,040 Speaker 1: and its customers keep paying. The very same force that is gutting your savings inflation 162 00:14:27,040 --> 00:14:31,540 Speaker 1: flows straight through that business and comes out the other side as higher revenue. Its 163 00:14:31,540 --> 00:14:37,640 Speaker 1: real value is preserved. It can even grow. So the thing that destroys legacy money becomes 164 00:14:37,640 --> 00:14:43,560 Speaker 1: the thing that lifts the right company's income up. And that's the whole secret. The right 165 00:14:43,560 --> 00:14:49,060 Speaker 1: businesses do not fight inflation. They actually love inflation. So how do you find that 166 00:14:49,060 --> 00:14:53,620 Speaker 1: business? We don't need a finance degree. You just need three questions. And you can ask 167 00:14:53,620 --> 00:14:57,960 Speaker 1: them about any company you already know. Question one, can it raise prices without losing 168 00:14:57,960 --> 00:15:04,520 Speaker 1: its customers this is about whether people have to have it or simply want it or there's no 169 00:15:04,520 --> 00:15:10,020 Speaker 1: real alternative for it a strong brand people trust a habit people will not break and by 170 00:15:10,020 --> 00:15:14,020 Speaker 1: habit does sort of mean you know addiction to smoking or something and a product that is 171 00:15:14,020 --> 00:15:20,100 Speaker 1: close to a necessity is also very good something with no real substitutes when a company 172 00:15:20,100 --> 00:15:25,140 Speaker 1: puts its price up and people grumble and pay anyway that's pricing power you can see with 173 00:15:25,140 --> 00:15:29,400 Speaker 1: your own eyes. And you've probably paid a higher price for something this month without 174 00:15:29,400 --> 00:15:34,460 Speaker 1: even switching. That company has it. So think about the things in your own life you kept 175 00:15:34,460 --> 00:15:39,620 Speaker 1: paying for even as everything got more expensive since COVID. Maybe it's the brand of 176 00:15:39,620 --> 00:15:44,860 Speaker 1: coffee you won't swap, the software your whole working life runs out, the everyday products 177 00:15:44,860 --> 00:15:49,420 Speaker 1: you've bought for years without once checking whether there is a cheaper version, the 178 00:15:49,420 --> 00:15:54,900 Speaker 1: medicine you simply have to have. Each of those is a company proving it has cut pricing 179 00:15:54,900 --> 00:15:59,240 Speaker 1: power. And your wallet is, quite frankly, the evidence. So you don't need a spreadsheet to 180 00:15:59,240 --> 00:16:02,820 Speaker 1: spot them. You already know who they are, actually, because you are the customer who keeps 181 00:16:02,820 --> 00:16:07,760 Speaker 1: paying. And then the second question is, does it own something that is genuinely hard to 182 00:16:07,760 --> 00:16:13,660 Speaker 1: copy? A brand built over decades, a network that gets more useful the more people use it, a 183 00:16:13,660 --> 00:16:18,920 Speaker 1: license or a patent nobody can get, know -how that took a lifetime to build. And if a 184 00:16:18,920 --> 00:16:23,040 Speaker 1: competitor with a pile of cash could copy the whole business in a year, well, then, you 185 00:16:23,040 --> 00:16:27,160 Speaker 1: know, the pricing power is not bad. And then the third question, and that's kind of the 186 00:16:27,160 --> 00:16:33,440 Speaker 1: killer here really, is does it owe a mountain of money? A reset and the tighter money 187 00:16:33,440 --> 00:16:38,920 Speaker 1: around it make old debt brutal unless it's at a fixed rate, in which case could actually be 188 00:16:38,920 --> 00:16:44,220 Speaker 1: a good thing. So a business that borrowed heavily at low rates and now has to refinance 189 00:16:44,220 --> 00:16:49,220 Speaker 1: that debt at a much, much higher cost can be destroyed even if the product's good. So the 190 00:16:49,220 --> 00:16:53,800 Speaker 1: third question is quite simple. When the money gets hard, can this company stand on its own 191 00:16:53,800 --> 00:16:58,500 Speaker 1: cash or does it collapse the moments the lenders get nervous? You're seeing a lot of the AI 192 00:16:58,500 --> 00:17:02,660 Speaker 1: companies borrowed very, very heavily. And I'm talking about these sort of neocloud 193 00:17:02,660 --> 00:17:08,380 Speaker 1: companies. Well, that business would not function if they had to pay a lot more interest. 194 00:17:08,380 --> 00:17:12,440 Speaker 1: Now, you might be thinking, okay, how do I find this? Again, in the Winstern app, we 195 00:17:12,440 --> 00:17:17,060 Speaker 1: actually have that data. You can play around with it completely for free for a month. You 196 00:17:17,060 --> 00:17:20,520 Speaker 1: just click on stocks there on the left. Generally speaking, I click on highest rated. 197 00:17:20,820 --> 00:17:25,680 Speaker 1: That's kind of what I'm looking at. And then in the filters, you can select an industry if 198 00:17:25,680 --> 00:17:29,700 Speaker 1: you wanted, but maybe just the United States or maybe you're in Europe or the UK or Germany 199 00:17:29,700 --> 00:17:33,540 Speaker 1: or wherever you might be living where you want to invest. And they'll then give you those 200 00:17:33,540 --> 00:17:40,300 Speaker 1: stocks with our score. The score does like what we call a moat. Now, what's a 201 00:17:40,300 --> 00:17:44,200 Speaker 1: moat? A moat is exactly what we're talking about. It's basically pricing power. So you 202 00:17:44,200 --> 00:17:47,960 Speaker 1: generally want to be looking at companies with a very high moat score. And you'll see some 203 00:17:47,960 --> 00:17:52,440 Speaker 1: companies on here at the top of the list that you probably are not super familiar with, 204 00:17:52,560 --> 00:17:58,620 Speaker 1: right? I mean, who invests in Sezzle or CarGurus or DHT Holdings? Well, very few people. 205 00:17:58,740 --> 00:18:02,960 Speaker 1: But if you actually look at the moat, it's pretty impressive. So you can go through that. 206 00:18:02,960 --> 00:18:07,340 Speaker 1: And in fact, what you could also do is you could click on, you could click on a couple of 207 00:18:07,340 --> 00:18:10,600 Speaker 1: these and say, hey, I don't really know what these people do. Let me, let me, let me, let 208 00:18:10,600 --> 00:18:15,360 Speaker 1: me find out. Right. You select a bunch of these, maybe add pallets to the mix, and you hit 209 00:18:15,360 --> 00:18:19,020 Speaker 1: the compare button. Actually, let's make it easier. We just click compare top 10. Okay. 210 00:18:19,500 --> 00:18:24,720 Speaker 1: That's a little easier. And it will compare those top 10 for you. And you will see, okay, 211 00:18:24,940 --> 00:18:28,880 Speaker 1: how the stock prices perform. But that's not really what this is about. this is about the 212 00:18:28,880 --> 00:18:34,420 Speaker 1: actual business the quality the cash flow the you know all that stuff and it gives you all 213 00:18:34,420 --> 00:18:37,980 Speaker 1: that information you can go even deeper if you wish but it's a really good place to start 214 00:18:39,060 --> 00:18:39,420 UNKNOWN: um 215 00:18:39,420 --> 00:18:43,720 Speaker 1: and that's essentially what i what i do when i look at a business i look at well you know 216 00:18:43,720 --> 00:18:48,200 Speaker 1: do these guys have cash are they stable are they going to survive what i think is coming 217 00:18:48,200 --> 00:18:52,880 Speaker 1: again there's a link down below click on that play around with it for a month you've got 218 00:18:52,880 --> 00:18:57,340 Speaker 1: some value stick around if not just cancel it if you forget to cancel it just send us a 219 00:18:57,340 --> 00:19:01,180 Speaker 1: message in the in the in the support chat there's live support chat and say hey forgot to 220 00:19:01,180 --> 00:19:05,200 Speaker 1: cancel this can you guys refund me of course we'll do that for you so let me let me show 221 00:19:05,200 --> 00:19:09,360 Speaker 1: you one more thing so for the companies that i follow i get alerts and you can set that up 222 00:19:09,360 --> 00:19:14,920 Speaker 1: as well and one of the alerts you get is for example insider sales so the big story of last 223 00:19:14,920 --> 00:19:21,740 Speaker 1: week was core weave where the stock's down 25 percent and insiders have sold 3 .3 billion 224 00:19:21,740 --> 00:19:25,720 Speaker 1: dollars since this ipo'd well would you have known that yeah you would have known that 225 00:19:25,720 --> 00:19:30,400 Speaker 1: because you would have gotten these little alerts here of all the selling and it would have 226 00:19:30,400 --> 00:19:35,600 Speaker 1: told you well it's a bit dubious isn't it when insiders are dumping this much of their own 227 00:19:35,600 --> 00:19:39,600 Speaker 1: holdings and maybe therefore it's something we should look at and it would have probably 228 00:19:39,600 --> 00:19:44,560 Speaker 1: also warned you that well these guys are running out of cash in three months right and it's 229 00:19:44,560 --> 00:19:48,580 Speaker 1: important information to have so just go through it at least for your own holdings take you 230 00:19:48,580 --> 00:19:52,940 Speaker 1: five minutes and then you'll be in a much much better place and at the top you can also see 231 00:19:52,940 --> 00:19:57,220 Speaker 1: you know winston's worried about it so that's kind of our other sort of headline ranking 232 00:19:57,220 --> 00:20:01,680 Speaker 1: there so where does this olivos well the asset everyone assumes gets wiped out shares is 233 00:20:01,680 --> 00:20:06,200 Speaker 1: actually one of the very best things you can hold throughout the reset on one condition you 234 00:20:06,200 --> 00:20:11,180 Speaker 1: hold the right kind not shares in general businesses with real pricing power something hard 235 00:20:11,180 --> 00:20:17,500 Speaker 1: to copy and no mountain of debt waiting to get refinanced and that company isn't just going 236 00:20:17,500 --> 00:20:22,940 Speaker 1: to be a survivor in this situation it's actually going to come out the other side brilliant 237 00:20:22,940 --> 00:20:27,620 Speaker 1: and part of that is because the weaker rivals didn't make it so actually it's easier for 238 00:20:27,620 --> 00:20:33,800 Speaker 1: them to compete and that's how and that's how the skilled people not the smart people not 239 00:20:33,800 --> 00:20:39,420 Speaker 1: the rich people no the skilled people walk out of this wealth here because they own the 240 00:20:39,420 --> 00:20:46,060 Speaker 1: businesses that pass the inflation on sort of drowning in it so if we pull the three 241 00:20:46,060 --> 00:20:50,260 Speaker 1: together into one simple way of thinking because that's really what i want you to do what i 242 00:20:50,260 --> 00:20:55,500 Speaker 1: want you to walk away from you look at the stuff that needs no conversion the hard money 243 00:20:55,500 --> 00:20:59,920 Speaker 1: right real gold it doesn't just sit in your on someone's balance sheet it's it's a real 244 00:20:59,920 --> 00:21:05,540 Speaker 1: thing and it stays and then there is what stays useful whatever happens, the productive 245 00:21:05,540 --> 00:21:11,120 Speaker 1: property, shelter that does a real job, residential as a higher 246 00:21:12,360 --> 00:21:16,600 Speaker 1: real need than, say, an office, because we all did it without offices, right? I sold my 247 00:21:16,600 --> 00:21:21,300 Speaker 1: office just as COVID started, never been back since. It's been a beautiful thing. And then 248 00:21:21,300 --> 00:21:24,700 Speaker 1: there is what actually compounds throughout the storm. And those are the businesses with 249 00:21:24,700 --> 00:21:29,580 Speaker 1: the genuine pricing power, the moat, the ones that take the force destroying your cash and 250 00:21:29,580 --> 00:21:35,700 Speaker 1: turn it into higher income, higher profits. And then we've got to just be honest about the 251 00:21:35,700 --> 00:21:41,640 Speaker 1: losers plainly because cash and ordinary savings will definitely lose money in my humble 252 00:21:41,640 --> 00:21:47,180 Speaker 1: opinion. It's like historic pattern. The heavily indebted business with no pricing power, 253 00:21:47,340 --> 00:21:51,740 Speaker 1: we have to refinance. And that's true for quite a lot of the AI space and tech space right 254 00:21:51,740 --> 00:21:56,340 Speaker 1: now. The story is exciting, but it's only exciting when money is cheap and hey, money is no 255 00:21:56,340 --> 00:22:02,080 Speaker 1: longer cheap. But very importantly, Don't walk away and put all your money in one of these. 256 00:22:02,320 --> 00:22:09,320 Speaker 1: Don't become a gold bug. It's a bad idea because gold will move quite violently up and 257 00:22:09,320 --> 00:22:13,340 Speaker 1: down depending on what people are doing. In the short term, it's the traders who determine 258 00:22:13,340 --> 00:22:18,220 Speaker 1: it. In the longer term, countries have quite a lot to do with it. And, you know, the Middle 259 00:22:18,220 --> 00:22:21,520 Speaker 1: East is probably selling quite a lot of gold right now. So the gold price isn't looking so 260 00:22:21,520 --> 00:22:27,620 Speaker 1: good. So you never want to be dependent on one thing because one thing can always turn 261 00:22:27,620 --> 00:22:31,800 Speaker 1: against you. The goal is to move your money out of the thing that's definitely going to 262 00:22:31,800 --> 00:22:36,820 Speaker 1: lose into several forms that cannot reach so easy. That's the whole move. And honestly, 263 00:22:36,940 --> 00:22:41,400 Speaker 1: actually, again, shares, the easiest thing to diversify. And I mean, generally, you need to 264 00:22:41,400 --> 00:22:45,680 Speaker 1: diversify. You need companies in different industries that are not related. Again, 265 00:22:45,740 --> 00:22:49,780 Speaker 1: something you can look up in the Winston app. Just put your portfolio in. It'll show you 266 00:22:49,780 --> 00:22:56,280 Speaker 1: exactly how you're correlated and how you're impacted by inflation here. so if we look at 267 00:22:56,280 --> 00:23:01,660 Speaker 1: the inflation shield so to speak it'll just show you like what company stocks you own and 268 00:23:01,660 --> 00:23:05,780 Speaker 1: are they in the same are they inflation affected and are they in the same industries very 269 00:23:05,780 --> 00:23:11,780 Speaker 1: very useful thing to do again just play around with it for free and honestly this is the 270 00:23:11,780 --> 00:23:17,280 Speaker 1: this is the biggest thing that's going to happen to us in our lifetimes here the stakes are 271 00:23:17,280 --> 00:23:21,780 Speaker 1: enormous and they're human they're not just money financial this is going to feel like a 272 00:23:21,780 --> 00:23:26,760 Speaker 1: gift to the people who understand this because they're going to get a lot wealthier. And 273 00:23:26,760 --> 00:23:33,260 Speaker 1: the people who don't understand this, well, they're going to see their life's work 274 00:23:33,260 --> 00:23:38,380 Speaker 1: halved or worse. It's got nothing to do with whether you're lucky or whether you are in the 275 00:23:38,380 --> 00:23:42,560 Speaker 1: world or how much money you've got or how clever you are. No. It's just about understanding 276 00:23:42,560 --> 00:23:48,180 Speaker 1: this system that we've seen again and again and again in history, fairly recent history 277 00:23:48,180 --> 00:23:52,660 Speaker 1: even, and knowing what to do about it. Because right now, you still have that choice 278 00:23:52,660 --> 00:23:59,080 Speaker 1: because we're still relatively early but that will not be the case in some months down the 279 00:23:59,080 --> 00:24:04,120 Speaker 1: road so if you want me to actually show you how to read this properly before it reaches you 280 00:24:04,120 --> 00:24:08,980 Speaker 1: know mainstream media headlines that's exactly what the free live training is for that's 281 00:24:08,980 --> 00:24:13,900 Speaker 1: exactly what the point is of this community here i'll walk you through how this affects 282 00:24:13,900 --> 00:24:20,620 Speaker 1: specifically your stocks your pension your setup and what gets taken the early sick notes 283 00:24:20,620 --> 00:24:26,860 Speaker 1: and everything else. So just join us on Saturday at survivethebubble .com. And this isn't 284 00:24:26,860 --> 00:24:33,040 Speaker 1: about panic. This is about having a plan. So I hope to see you in the training on Saturday. 285 00:24:33,040 --> 00:24:36,820 Speaker 1: If you think someone else might get some value out of this, share this video with them, 286 00:24:37,220 --> 00:24:40,960 Speaker 1: share them the link to the training, and I wish you all the best. 287 00:24:41,100 --> 00:24:46,440 Speaker 2: Right now, I think we're going through some sort of weird phase transition. And normally 288 00:24:46,440 --> 00:24:51,400 Speaker 2: when you get bad economic news or you get bad jobs data that people are going to fly to 289 00:24:51,400 --> 00:24:52,840 Speaker 2: safety into the bond market.