What Holds Its Value In a Currency Reset, and Why?
https://www.youtube.com/watch?v=Tgw8-fW5pH4
Language: en | ASR: large-v3-turbo @ 0a363e9161cbc7ed1431c9597a8ceaf0c4f78fcf

[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
[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
[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
[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
[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
[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
[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
[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
[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.
[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
[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
[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
[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,
[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
[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
[00:01:26.560 --> 00:01:30.820] Speaker 1: financial markets and also provide instructions on how they actually work. I take zero
[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,
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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,
[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
[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
[00:03:18.180 --> 00:03:23.820] Speaker 1: is. And this has happened before over and over throughout history. Every few generations,
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[00:04:36.220 --> 00:04:42.000] Speaker 1: removed. It arrives sort of wrapped in soft language, fairness, sustainability, stability,
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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.
[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
[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
[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
[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,
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[00:09:57.720 --> 00:10:04.620] Speaker 1: that is actually my my favorite so the second one is property now
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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,
[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
[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
[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
[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
[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
[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
[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
[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.
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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,
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[00:16:58.500 --> 00:17:02.660] Speaker 1: companies borrowed very, very heavily. And I'm talking about these sort of neocloud
[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.
[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
[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
[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.
[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
[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
[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
[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
[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
[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
[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,
[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.
[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.
[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
[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
[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
[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.
[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,
[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
[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
[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
[00:18:39.060 --> 00:18:39.420] UNKNOWN: um
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[00:21:05.540 --> 00:21:11.120] Speaker 1: property, shelter that does a real job, residential as a higher
[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
[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
[00:21:21.300 --> 00:21:24.700] Speaker 1: there is what actually compounds throughout the storm. And those are the businesses with
[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
[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
[00:21:35.700 --> 00:21:41.640] Speaker 1: losers plainly because cash and ordinary savings will definitely lose money in my humble
[00:21:41.640 --> 00:21:47.180] Speaker 1: opinion. It's like historic pattern. The heavily indebted business with no pricing power,
[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
[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
[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.
[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
[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
[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
[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
[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
[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
[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,
[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
[00:22:41.400 --> 00:22:45.680] Speaker 1: diversify. You need companies in different industries that are not related. Again,
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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
[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.
[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,
[00:24:37.220 --> 00:24:40.960] Speaker 1: share them the link to the training, and I wish you all the best.
[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
[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
[00:24:51.400 --> 00:24:52.840] Speaker 2: safety into the bond market.