Is the US economy on the verge of a monumental crash? Vinny Lingham, renowned entrepreneur, and investor, joins us on The Milk Road Show and shares a contrarian view, comparing his current feelings to Michael Burry's pre-2008 crash sentiments. While many predict a Banana zone and a crypto bull run, Vinny explains why he's betting on gold, silver, and real estate. He breaks down the Fed's missteps, the looming US election impact, and the global tensions influencing his risk-off strategy. What you'll learn: Why Vinny's moving his assets into gold, silver, and real estate?Vinny's take on the Fed's recent interest rate cuts and their potential consequences.How the US election could impact the crypto market.Vinny's advice for young investors navigating uncertain market conditions. 🤝 HELP US GROW 🤝 Subscribe to our YouTube channel 🔥 Don't forget to enter our raffle! We're giving away access to our crypto investing masterclass, Milk Road PRO subscriptions, and a mystery box! Just subscribe to our YouTube channel and post a screenshot on Twitter or Instagram tagging @milkroaddaily for an extra entry. Winners will be announced once we reach 10,000 subscribers! 💰 Unlock up to 4.9% APY on your USD with Uphold now: https://out.milkroad.com/Uphold2024Podcast 🥛 Get smarter about crypto in 5 minutes with our daily, free newsletter: https://link.milkroad.com/pod-newsletter 💰 Go PRO and become a better investor with the #1 crypto research and analysis: https://link.milkroad.com/pro-podcast ✊ Follow Milk Road on Social Media: 👉 Milk Road Twitter: https://link.milkroad.com/pod-x 👉 Milk Road Instagram: https://link.milkroad.com/pod-ig 👉 Jay's Twitter: https://link.milkroad.com/pod-x-jay 👉 YouTube: https://www.youtube.com/@MilkRoadDaily?sub_confirmation=1 🎙 GUEST INFO 🎙 Vinny Lingham's X: https://x.com/VinnyLingham Vinny Lingham's LinkedIn: https://www.linkedin.com/in/vinnylingham ⏱ TIME POINTS ⏱ 00:00 - Intro 00:53 - Uphold 01:34 - Vinny Lingham's investment journey 03:45 - Vinny Lingham's contrarian economic view 09:23 - Current market cycle analysis 11:04 - Is a bear market approaching? 15:01 - Key catalysts on Vinny Lingham's radar 18:01 - Vinny Lingham's investment strategy 22:26 - Investing tips for the next generation 📃 Disclaimer 📃 The information presented in this video is for educational and informational purposes only. It should not be considered as financial, legal, or tax advice. The views and opinions expressed by the speakers, are their own and do not constitute professional advice. The speakers are not licensed financial advisors or registered investment advisors. Investing in cryptocurrencies carries significant risks, including the potential for substantial losses. The speakers do not guarantee any specific outcome or profit. Viewers should consult with a qualified financial professional before making any investment decisions.
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39 mins