“Monumental” Reset Looms, Think Twice Before Keeping Cash in the Banks Warns Swiss Banker

“Your purchasing power is being eroded literally by the day because the quantity of fiat wealth on the planet is going up every day,“ warns Clive Thompson, retired managing director for Union Bancaire Privée in Switzerland. In an exclusive interview with Daniela Cambone, Thompson paints a stark picture of our financial future. As national debts soar in the Western world, the cost of goods and services, even human labor, is destined to skyrocket. He also points out that within a century, the vast majority of currencies have crumbled into worthlessness, leaving a few survivors merely worth a fraction of their previous value. Thompson asserts that the bleak future of fiat currencies explains why central banks are amassing unprecedented quantities of gold, far beyond any previous decade. This accumulation points towards an ominous conclusion—a monumental monetary reset looms on the horizon. 📰 JOIN DANIELA’S NEWSLETTER: 📞 DON’T LET INFLATION ERODE YOUR WEALTH: As currencies decline, learn strategies to safeguard your purchasing power. Schedule your FREE 30-minute in-depth strategy session: or call 866-706-9061 “ITM did a great job of educating me on the history of the dollar, the financial markets, the banks, gold, and the laws so that I had a better understanding of things.“ - Kristen W. 📖 FREE DOWNLOAD: YOUR ULTIMATE DECISION-MAKING GUIDE ON GOLD AND SILVER: 📖 CHAPTERS: 00:00 Risks associated with cash in banks 10:11 Financial reset 12:32 Risks with the banks 13:50 Fed rate cuts 15:34 Commercial real estate 16:46 Gold 26:39 Bitcoin ETFs 27:41 Trajectory of gold price 29:43 Gold confiscation 32:00 Why gold? 33:39 Bitcoin 41:36 Clive’s investment in bitcoin 👋 STAY IN TOUCH WITH ITM & DANIELA 🟩 Schedule a Strategy Session: 866-706-9061 🟩 Email us at services@ 🟩 Official Homepage 🟩 Listen On The Go: 🟩 ITM’s Twitter: 🟩Daniela’s Twitter: 🟩Daniela’s Newsletter: 🌎 ABOUT ITM TRADING: For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets. Disclaimer: The views, opinions, and financial recommendations expressed in this video are solely those of the guest and do not necessarily reflect the views of ITM Trading. ITM Trading is not responsible for any financial decisions made based on the content provided in this video. ITM Trading Inc. © Copyright, 1995 - 2024 All Rights Reserved. #economy #gold #CliveThompson