Will your gold save you? Gold vrs National Debt . . .

Hey there, it's Painless Trader. In this video, I delve into the correlation between the price of gold and the U.S. federal debt, shedding light on the impact of inflation. I highlight how the rising federal debt is devaluing the dollar, leading to potential hyperinflation. No specific action requested, but valuable insights shared.

00:00:00 - Introduction to Gold and Federal Debt
00:00:13 - The Correlation Between Gold Prices and Federal Debt
00:01:07 - Understanding Hyperinflation and Its Causes
00:02:43 - The Future of the Stock Market
00:03:36 - The Role of Bitcoin in Asset Allocation
00:04:39 - Investing in the Stock Market vs. Holding Cash
00:05:23 - The Value of Gold as an Asset
00:06:06 - Historical Context of National Debt and Inflation

00:00:02 - "I just wanted to show you something interesting that I found on a gold chart that is going to help you maybe understand inflation and what is causing it."

00:00:34 - "So, I'm actually surprised that they allow the public to see this stuff, but they assume you're all stupid and, you know, maybe they're right and keep voting for the same people."

00:00:50 - "It's not so much the price of gold that's going up in value as it is the dollar is falling in value because the politicians have sold our country into debt."

00:02:11 - "Once you reach the parabolic phase, the interest compounds so quickly that the debt almost goes up in a straight line."

00:02:54 - "The federal government is not going to stop spending money. They're not going to balance the budget."

00:03:25 - "This is exactly what it was like leading up to the Weimar inflation in Germany, except it's happening in the United States."

00:03:36 - "You can try to get as much of your assets as possible out of the dollar."

00:03:58 - "At least the U.S. dollar has the U.S. military backing it up. There's nothing backing up Bitcoin."

00:04:50 - "If the stock market collapses, the government's going to print more money and they're going to prop it up."

00:06:06 - "Gold has been something for thousands of years, as opposed to the U.S. dollar, which has been nothing."