THIS Investment Might 2-3x **SOON** -- NEW INVESTMENT
FULL TRANSCRIPT
you don't believe what UBS had to say
about gold today and it is a red flag
for the economy it's pretty loud out
here so let's run in really quick okay
so UBS came out with a piece and
suggested that
gold might indeed be a leading indicator
not just of those geopolitical tensions
that we're seeing but also of
recessionary
fears and they gave prices for where
gold can go in recessionary times they
use three examples
1972 1978 and 2008 in each of those
instances gold doubled or tripled in
value now this makes sense it
corresponds with a recession it also
corresponds with real rates going
negative which also makes sense just so
you know that's a really fancy way of
basically saying the FED is cutting
interest rates below the level of
inflation they do that because they want
to stimulate the economy and minimize
the fact that oh no we actually have a
potential recession on our hands and
that'll lead to joblessness and then the
other side of the fed's Dual mandate
becomes a lot more important which is
the labor
side at the same time though gold and
gold related stocks moved substantially
uh again look them up yourself one of
the easiest ways to get exposure might
be a gold-based ETF which might be like
an I I don't have any exposure to I
another one uh that a lot of folks are
paying attention to which I do have
exposure to is uh baric gold that's just
a gold mining company they've got
somewhere around 7 to800 million of free
cash flow they've got a substantial set
of assets relative to the debts they
have they're about 50% debt relative to
their actual like plant property and
Equipment which makes a lot of sense
that you would Finance some of your
equipment uh or your land and while
there's still work to do in terms of a
full fundamental analysis on that
company it is interesting as a potential
macro hedge and that's what a lot of
folks are paying attention to is gold
potentially a macro Hedge for recession
now here's the problem with pitch and
gold and I don't want to come across
pitching gold but this is UBS suggesting
that if we go into a recession gold
could do really well and guess what
could do really poorly equities now that
makes sense it would make sense that
equities wouldn't do that well in a
recession and gold would do really well
and the question right now is do we
really see signs of a recession and so
on that front no we don't lagging
indicators are doing very well like jobs
uh but again lagging indicators one of
the signs we got from the banks today
was actually from a company like you may
have heard of them JP Morgan and Chase
and what did they tell us loan growth is
finally slowing and so net interest
margins or net interest income is
starting to grow at a slower Pace or
decline and a lot of folks thought that
the growth that we were seeing at Banks
would not end that's a little bit of a
problem because when you get markets
that assume growth isn't going to stop
you get frothy valuation
this is potentially what you've seen in
the AI trade as well speaking of trade
by the way I had a bad day yesterday uh
yesterday on a day trade I was down like
at one point like
$35,000 we ended that day trade down uh
net net with the gains and losses down
about
10,200 so that sucked uh and I I did a
whole explanation video in the course
member live this morning in terms of
mistake I made and how I could prevent
that in the future the good news is I
implemented part of the strategy and
today we were able to day trade call
options on Tesla when it hit its floor
twice and pulled out a 20K gain we also
pulled some other trade uh this morning
which uh which also worked out pretty
well depending on uh the timing of how
you played it so point of this is if you
want all those stocks and psychology of
money Mone trade alerts make sure you're
part of them not always a win but even
in the losses there are big lessons and
they help us set up for wins the next
day so check those out you get all the
trade alerts in the stocks and
psychology and money group linked down
below now as far as recession do I am I
all of a sudden a recession bear no I'm
I'm re I'm just reading to you what UBS
is warning UBS put out a big piece
yesterday and other companies like macro
ear and other researchers are going oh
wa they're paying attention to this
what's interesting is about a month ago
we did a piece on the channel where we
talked about Goldman Sachs saying hey
now might be a time to go long
volatility as a hedge to your portfolio
so you buy call options on like the vix
for example or a derivative of the
vix that ended up working out really
well over the last week or so because I
mean the vix today was up like 25% so
sometimes what these researchers are
saying in terms of hey like I want to
pay attention to
this they're not without Merit consider
for a moment that yes with the time
potentially to set up a hedge for a
recession is when nobody's expecting a
recession we've gone from last year
everybody thinking there was a 50%
chance of recession to like now most
people going ah we're probably back to
normal levels like 20% chance of
recession the problem though is the
longer we keep rates higher for
longer the longer
we basically start putting pressure
against the recessionary wall and then
things start to break things start to
break when we start seeing debt bubbles
starting to explode not seeing that so
much yet you're seeing pain in a
subprime Autos we saw that in the FED
minutes we saw that in the um JPM
earnings call uh and we're seeing a lot
of commercial property distress but not
so much in multifam that's being
considered relatively stable we're
seeing rents stabilize but we are seeing
people who have a lot of debt buy now
pay later date debt Consumer Debt uh you
know variable interest R uh rate loan
debt and so we're seeing foreclosures
start to rise certainly in the multif
family side and also on FHA so some of
the early signs of cracking are starting
to show up and that might be why gold
hit $2,400 an ounce today now we did get
rejected at $2,400 an ounce we're back
down to 2350
but based on that UBS survey a lot of
folks think or maybe not survey their
research a lot of folks think hm does it
actually make sense to start exposing
yourself to maybe you know 1 to 5% gold
as a hedge I don't know it really
requires a recession for that to play
out if you don't get a recession you
might be buying at levels where Gold's
already gone up a chunk you know we're
up somewhere around what $3 $400 just
over the last few months on on a you
know per ounce basis of gold which is
somewhere around 15 20ish per. so it's
possible that if we just keep getting
great economic news maybe that's a bad
move and I'm not advocating for anything
one way or another but what I am saying
is UBS is under the impression there's a
big opportunity there and again when
what they say is watch for real rates
going negative because it pumps gold
watch for recessions because it pumps
gold in 72 78 look at the chart in 2008
2 to 3x I think it was 3X 3X and 2x if I
remember correctly so again not here to
Shi it got a tiny bit of exposure to
baric Gold it's super super nominal and
I don't even know if that's the best
play yet so it's not certainly not
research here this is not Financial
advice it's not personal advice by any
means uh these are just opinions based
on what I read from UBS we read that in
our course member live stream uh and and
and we talked about it in our public
live a little bit this morning and I
wanted to go a little bit more into
detail on it uh and how it's somewhat
relating to what we're seeing with banks
concerns about debt uh and uh as sort of
a hedge tool which we saw pitched with
the vix as well and Goldman was right on
that so what I want to know now is Will
UBS be right as well let me know in the
comments down below and check out the
stocks and psychology of Money Trade
alerts again we're up 20K today and that
is financing my trip today cuz we're
looking at real estate out here and I
pay for the flights and I think I just
paid for a lot of fuel let's go
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