WORRIED ABOUT THE MARKETS? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion’s endorsed monetary advisors at Do the current headlines speculating that Saudi Arabia could also be prepared to surrender the petrodollar and begin pricing oil in grams of gold? Luke Gromen sees that as “inevitable” Here’s the hyperlink to the Howard Marks investor letter talked about on this interview: And here is the hyperlink to the energetic administration funding strategy dialogue with New Harbor from final week: _________________________ At Wealthion, we present you how you can shield and construct your wealth by studying from the world’s prime consultants on finance and cash. Each week we add new movies that offer you entry to the foremost specialists in investing, economics, the inventory market, actual property and private finance. We supply distinctive interviews and explainer movies that dive deep into the tendencies driving as we speak’s markets, the financial system, and your individual web value. We provide you with methods for monetary safety, sensible solutions to questions like “how you can develop my investments?”, and efficient options for wealth constructing tailor-made to ‘common’ buyers similar to you. There’s little doubt that it is a very difficult time proper now for the common investor. Above and past the current financial impacts of COVID, the brand new period of document low rates of interest, runaway US debt and US deficits, and trillions of {dollars} in financial and monetary stimulus stimulus has modified the principles of investing by dangerously distorting the Dow index, the S&P 500, and almost all different asset costs. Can costs maintain rising, or is there a painful reckoning forward? Let us make it easier to put together your portfolio simply in case the long run brings a number of of the next: inflation, deflation, a bull market, a bear market, a market correction, a inventory market crash, an actual property bubble, an actual property crash, an financial increase, a recession, a despair, or one other international monetary disaster. Put the knowledge from the cash & markets consultants we function on Wealthion into motion by scheduling a free session with Wealthion’s endorsed monetary advisors, who will work with you to find out the fitting subsequent steps so that you can absorb constructing your wealth. SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion’s endorsed monetary advisors right here: Subscribe to our YouTube channel Follow Adam on Twitter Follow us on Facebook #oil #gold #inflation ____________________________________ IMPORTANT NOTE: The info and opinions supplied on this video by Wealthion or its interview friends are for academic functions ONLY and may NOT be construed as private monetary recommendation. We strongly advocate that any potential selections and actions chances are you’ll absorb your funding portfolio be performed underneath the steering and supervision of a top quality skilled monetary advisor in good standing with the securities business. When it involves investing, previous efficiency isn’t any assure of future outcomes. Any historic returns, anticipated returns, or likelihood projections could not mirror precise future efficiency. All investments contain danger and should lead to partial or complete loss.

24 thoughts on “Pricing Oil In Gold Is “Inevitable” | Luke Gromen

    1. 27:00 – Very unnatural to force John and Mike to agree with Luke who has been wrong all year.

      Please stop shoehorning bad guest ideas, and treating them as equals with new harbor. It’s highly unprofessional.

    2. @Lights & Stars Could you explain what Luke has being wrong about? And what John and Mike had said differently in the past? thanks

  1. I’m so happy I made productive decisions about my finances that changed my life forever. I’m a single mother living in Melbourne Australia, bought my second house in September and hoping to retire next year at 41 if things keep going smoothly for me…….

    1. i invested with her too,considering the huge profits generated by Mrs Karen Johnson, she is such a genius in trading and the 15% commission charged by her is fair compared to the effort she puts in making huge profits

    2. With the consistent profits I’m getting investing with Mrs Karen, there is no doubt she is the most reliable in the market such a genius

    3. investing successfully in the market requires the expertise of a professional broker, that is why i have made profit since i started trading with her, she is the best

    4. I am surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news few weeks ago..

  2. Saudi is building SOR facilities in China and filling them. They are building a oil field above ground.

    1. WRITE ME 👆💯


  3. Dementia Grandma Yellen, on the economic chopping block, suggests as a “twist”….refinance your 2% 30 year fixed home mortgage to a 5 year variable with an initial 4% interest rate mortgage? This IS her solution…would you do this transaction for your household re-fi?

    That’s the financial strategy of the US Treasury….any insights? Ahem The FED is insolvent with a mark to market $1.2 Trillion Balance Sheet LOSS and $100 Billion operating cash flow loss with current 7% inflation, unprecedented for 109 years…THE FED IS BROKEN = DOH!

    I’m a major financial textbook outlier with significant cred, but US zero risk liabilities now have default risk. Lance etal better woke up and analyze this in his next article?

  4. No, oil will never be priced in gold. No currency will ever be priced in gold. No gold rubles, no gold yuan. You know why? Because no country will ever allow physical redemption, thus making it a promise to pay supported only by “hopium”. You collapse-a-tarians are a hoot.

  5. As a business owner, we’ve seen $25,000 less in income this year. That’s a 20% decrease from last year. But because of how we used the monies, we aren’t starving by any means.

  6. I like how people think holding your crypto keys is solutionl. Not much different than holding a barrel of fiat worth zero. At least you own it right.

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