Fitch Downgrades U.S. from AAA to AA+.

11 months ago
462

#debt #government #interestrates #dollar

Today we will look at the big headline that come out after the markets closed on Tuesday, August 1, 2023, and that was the downgrade of the United States by Fitch from AAA to AA+

We will look at what this will mean not just for the U.S. government/treasury but also investors and the dollar.

Fitch Downgrades the United States' Long-Term Ratings to 'AA+' from 'AAA'; Outlook Stable: https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023

Interview with Tradium about Strategic Metals: https://youtu.be/Fmzzta8m6Uc

Where to Buy Precious Metals:

In North America:

Are you looking for ways to protect your wealth during these uncertain times? Learn how to develop a customized strategy to safeguard your assets with ITM Trading's expert Gold & Silver analysts team. Learn more ➡️ https://learn.itmtrading.com/maneco64 or call 866-989-4368. US mailing address required.

Miles Franklin Precious Metals Investments: send an email to info@milesfranklin.com and mention Mario or maneco64 or call on 1-800-822-8080

In the U.K.

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/
1 troy ounce gold Krugerrands at only 1% over spot.

In the U.K. and U.S.

GlintPay App, Save and Spend in Gold - Use referral code marioGlint79
https://glintpay.com/

SUPPORT the Channel:

https://wideawake.clothing/?sca_ref=4111775.wgYmKdIDoj

Teespring Store: https://www.youtube.com/channel/UCAvSnci_3qHF_7c2LQnP_wg/store
PayPal: https://www.paypal.me/maneco64
Patreon: https://www.patreon.com/maneco64

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase. However, I only recommend products or services that I believe in.

Video Chapters:

00:00 Introduction
00:40 My interview with Tradium, a company involved in strategic metals
02:05 The downgrade of 2011
03:08 Secretary of the Treasury protests
04:04 Gold will never be downgraded or become junk
04:40 The US's standing among sovereigns
05:32 What does the downgrade mean for the U.S. and investors
07:31 PPT busy controlling markets overnight
11:33 Fitch's announcement
15:45 This is why I will keep stacking gold and silver
16:56 Market Update

Loading 2 comments...