News: Top 3 Assets To Buy Going In To A Recession
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 6 July 2023
⏱️ 16 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello, fellow Rebel Capitals. Hope you're well. I wanted to go over a investing video, |
| 0:06.0 | kind of some tips, the top three assets to buy, headed into a recession. |
| 0:11.3 | Most of you know I have a service called Rebel Capitalist Pro. It's a |
| 0:15.7 | membership site with Lynn Alden and Chris McIntosh and we do periodic live streams for our members. |
| 0:24.0 | And one of the questions I got a couple times actually last Sunday |
| 0:29.0 | was a couple members that had purchased silver, |
| 0:33.0 | another one had purchased quite a few gold stocks |
| 0:36.8 | and they were down significantly on the position |
| 0:40.0 | and they were asking me what I would do. |
| 0:42.8 | You know, I can't really give them personal advice, |
| 0:44.6 | but I tell them what I would do if I was in that situation. |
| 0:48.0 | And it's what prompted this video |
| 0:50.4 | because I think there's so many arguments out there for commodities and for |
| 0:54.8 | gold and for silver and all these things that people get super excited about |
| 0:59.0 | it so they run right out there and buy not understanding that although that may be attractive long term, |
| 1:05.2 | maybe, maybe now is not the right time to buy and if you do, you're going to have to go through a 20, 30, |
| 1:12.2 | you know, 50% paper loss before things start to turn around. |
| 1:15.8 | Now you say George, long term that's no big deal because silver is going to go a lot |
| 1:19.3 | higher over the next 10 years. |
| 1:20.5 | Listen, I agree. |
| 1:21.8 | But unfortunately, we are human beings and we are driven by emotion. And even if you're someone that believes that silver as an example is going to be higher in five years, taking a 50% haircut on a position, it makes you |
| 1:37.4 | do things that you otherwise wouldn't do. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from George Gammon, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of George Gammon and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

