ITM Trading, Released on 2/5/24
Daniela Cambone interviews Bert Dohmen, founder and president of Dohmen Capital Research, discussing the banking sector, China, the Fed, and the importance of having a Plan B in their recent conversation. Dohmen warns that the failure with regional banks last year was not a “one-off” situation, and he emphasizes that a “gigantic systemic meltdown” is underway and would be hard to halt. He also expresses that we are currently in an era worse than the 1930s, marked by wars, riots, droughts, food shortages, and market crashes. Dohmen further advises people to email their Congress representatives to oppose detrimental legislation. Watch the video to delve deeper into his insights and learn how you can be prepared for the unfolding uncertainties.
0:00 China Crises
4:46 Regional Banks
11:31 Interest Rates
15:57 Gold
18:56 Deflation or Inflation
21:11 “Writing on the Wall”
27:36 Wealth Protection
Bert Dohmen is the founder of Dohmen Capital Research and an author. He is also a renowned technical analyst, having called most market turns within days for 43 years. Bert’s “Theory of Liquidity & Credit” has allowed him to predict stock market crashes such as the Crash of 1987, the NASDAQ in 2000-2003, and the near-meltdown in 2008. In 2007, he predicted the coming crisis in his book, “Prelude To Meltdown.”