{"id":35550,"date":"2024-05-15T13:02:36","date_gmt":"2024-05-15T20:02:36","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=35550"},"modified":"2024-05-15T13:02:36","modified_gmt":"2024-05-15T20:02:36","slug":"daniela-cambone-you-best-defend-your-money-the-biggest-financial-disaster-is-in-the-making","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/daniela-cambone-you-best-defend-your-money-the-biggest-financial-disaster-is-in-the-making\/","title":{"rendered":"\u201cYou Best Defend Your Money\u201d – The Biggest Financial Disaster is in the Making"},"content":{"rendered":"

\u201cYou might need hard assets to buy groceries,\u201d says market expert Todd \u201cBubba\u201d Horwitz, founder of BubbaTrading.com. He warns that political uncertainty from the U.S. presidential election could drive people to rely on hard assets like gold or silver as alternative currencies. “Whether it’s going to be a revolution or another civil war that are being created here… people better have another form of currency, which would be in the fact of gold and silver.” Horwitz predicts silver will break through $30 and reach $40. Lastly, he criticizes the Fed for \u201cdestroying free market price discovery\u201d and argues it should be abolished.<\/p>\n

CHAPTERS:<\/strong>
\n00:00 US inflation
\n4:03 Labor market
\n6:28 Stagflation
\n7:50 Gold
\n11:00 Nvidia vs gold
\n13:10 Platinum deficit
\n15:31 Silver
\n16:41 Fed
\n19:09 Meme stocks<\/p>\n

SOURCES:
\n<\/strong>https:\/\/www.youtube.com\/watch?v=21PPCwoeZLs<\/a><\/p>\n

https:\/\/www.youtube.com\/watch?v=sKxJuc3njBw<\/a><\/p>\n

https:\/\/www.reuters.com\/markets\/us\/ny-fed-survey-finds-americans-bracing-higher-housing-costs-2024-05-06\/<\/a><\/p>\n

https:\/\/www.newyorkfed.org\/microeconomics\/sce\/housing#\/<\/a><\/p>\n

https:\/\/www.bloomberg.com\/news\/articles\/2024-05-13\/us-inflation-home-price-expectations-pick-up-in-ny-fed-survey?embedded-checkout=true<\/a><\/p>\n

https:\/\/www.nbcnews.com\/business\/economy\/stagflation-us-economy-what-is-it-are-we-there-rcna150275<\/a><\/p>\n

https:\/\/ca.finance.yahoo.com\/this-is-bananas-canadas-labour-market-blows-past-expectations-adding-90k-jobs-in-april-145825013.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAIJJbPtAIkS4BcVKDzcvG8OuyWQnXfLBz0v1CR16kP1fmM8KIdS29sopHyTo5Bf-BU7DR_2EQmkWD5sSpPvU727Ue-yZUYcSwHAHTKEdejOAyh9tXuK13hI0LnNUACzqHhLbEdR4eUhEjoeMJr6f2hInwHKzndSY04yiIn1WdhCQ<\/a><\/p>\n

https:\/\/www.youtube.com\/watch?v=o0unztmcLvA<\/a><\/p>\n

https:\/\/www.foxnews.com\/opinion\/bidenomics-strikes-again-shocking-number-full-time-jobs-lost-over-past-5-months?intcmp=tw_fnc<\/a><\/p>\n

https:\/\/www.google.com\/finance\/quote\/GCW00:COMEX?sa=X&sqi=2&ved=2ahUKEwj40_21neWEAxUEHkQIHb1XC4kQ3ecFegQIDRAX&window=YTD<\/a><\/p>\n

https:\/\/www.cnbc.com\/id\/100772235<\/a><\/p>\n

https:\/\/www.wsj.com\/articles\/feud-at-smithfield-foods-parent-company-shows-messy-underside-of-chinese-takeover-11636626600<\/a><\/p>\n

https:\/\/www.reuters.com\/markets\/companies\/0288.HK<\/a><\/p>\n

https:\/\/www.google.com\/finance\/quote\/BTC-USD?sa=X&sqi=2&ved=2ahUKEwjW2PvQtY6GAxW0LUQIHahgC9oQ-fUHegQIGhAY&window=YTD<\/a><\/p>\n

https:\/\/www.bloomberg.com\/news\/articles\/2024-05-13\/nvidia-rivals-gold-as-shield-against-inflation<\/a><\/p>\n

https:\/\/www.reuters.com\/markets\/commodities\/weaker-supply-will-drive-platinum-deficit-higher-than-expected-2024-wpic-says-2024-05-13\/<\/a><\/p>\n

https:\/\/www.google.com\/finance\/quote\/PLW00:NYMEX?sa=X&sqi=2&ved=2ahUKEwiEo6LZuI6GAxVFHUQIHcZ-AWcQ3ecFegQILBAX&window=YTD<\/a><\/p>\n

https:\/\/www.google.com\/finance\/quote\/SIW00:COMEX?sa=X&ved=2ahUKEwji_of0uY6GAxUgJUQIHX1SBoAQ3ecFegQILBAX&window=YTD<\/a><\/p>\n

https:\/\/www.zerohedge.com\/political\/why-establishment-fears-trump-led-fed#google_vignette<\/a><\/p>\n

https:\/\/www.cnbc.com\/2024\/05\/13\/gme-jumps-as-trader-roaring-kitty-who-drove-meme-craze-posts-again.html<\/a><\/p>\n

https:\/\/twitter.com\/TheRoaringKitty<\/a><\/p>\n

https:\/\/www.google.com\/finance\/quote\/GME:NYSE?sa=X&ved=2ahUKEwilqoSyu46GAxVHKEQIHSEvD_sQ3ecFegQIMxAZ&window=5D<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cYou might need hard assets to buy groceries,\u201d says market expert Todd \u201cBubba\u201d Horwitz, founder of BubbaTrading.com. He warns that political […]<\/p>\n","protected":false},"author":23,"featured_media":35553,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2922],"tags":[36,53,59,89,114,301,322,456,551,1378,1573,1683,1932,2024,2249,2490,2499,2826,2831,2951,3827,3828,3829,3830,3831],"class_list":["post-35550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daniela-cambone-show","tag-buy-gold","tag-federal-reserve","tag-gold-2","tag-itm-trading","tag-silver-2","tag-economy-2","tag-precious-metals","tag-investing","tag-platinum","tag-lynette-zang","tag-commodities","tag-stagflation","tag-coins","tag-consumer-expectations","tag-monetary-policy","tag-trading","tag-meme-stocks","tag-job-market","tag-wealth-protection","tag-daniela-cambone","tag-todd-bubba-horwitz","tag-bubbatrading","tag-economic-recession","tag-government-data","tag-gamestop"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=35550"}],"version-history":[{"count":1,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35550\/revisions"}],"predecessor-version":[{"id":35552,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/35550\/revisions\/35552"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/35553"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=35550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=35550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=35550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}