ITM Trading, Released on 3/4/24
Capital control and government confiscation could catch you off guard. Nick Giambruno, founder of The Financial Underground and contributor to International Man, sounds the alarm in his conversation with Daniela Cambone. He reveals why it’s crucial for everyone to wake up to the urgent financial realities we face. Your money in the bank isn’t what you think, he warns. Are we living in a financial illusion? Giambruno thinks so, and he’s here to prepare you for the storm. Dive into the discussion for four essential solutions to safeguard your wealth. Don’t wait until it’s too late – tune in now!
0:00 Definition of Capital Controls
5:10 Capital Controls in Canada and the U.S.
6:26 Four Ways to Prepare for Capital Controls
10:33 Benefits of Gold and Bitcoin
13:09 Avoiding ETFs
14:11 Potential Failure of CBDCs
17:07 Economic Reforms in Argentina
Nick Giambruno is Doug Casey’s globetrotting colleague and runs the website The Financial Underground. He’s also contributor to International Man. Nick Giambruno knows that the best time to buy—as Baron Rothschild correctly observed—is “when there’s blood in the streets.” He writes about geopolitics, value investing in crisis markets, the global cannabis market, international banking, second passports, and surviving a financial collapse, among other topics. In short, Nick’s work helps people make the most of their personal freedom and financial opportunity around the world. He’s lived in Europe and worked in the Middle East, most recently in Beirut and Dubai, where he covered regional banks and other companies for an investment house. Nick is a frequent speaker at investment conferences around the world.