Silver Soars To
14 Year High As Central Banks Stockpile Gold And How Al Pacino Went Broke TWICE
In this week’s Money Tips Podcast:
Silver reaches 14 year high amid global economic slowdown,
wars and Trump tariffs.
Silver to Gold ratio narrows as nations like Turkey, China
and India hoard more Gold.
Gold overtakes the Euro as preferred reserve currency.
See full video podcast - https://youtu.be/IyHS2rk5Otk
Should you hold gold and silver as part of your
portfolio? To learn more Check out my SMART MONEY COURSE - https://bit.ly/4klq0mv
World Bank forecast lowest growth rate for the decade since 1960s.
Rachel Reeves on massive spending spree, while business
confidence and jobs plummet.
Where is she going to get the money from? Taxpayers and
businesses, us!
UK economy declined in April, as growth stagnates.
Job vacancies and recruitment falling, as higher taxes drive
business away.
See Smart Money
Is Moving East – Is the UK Finished? - https://youtu.be/_5jK8oHuj8o
What can you do to secure your financial future in
this changing world?
Could Japan’s debt crisis cause a worldwide recession?
The more money I made the less I had.
Al Pacino, legendary Hollywood actor
Despite earning millions from hit movies such as The
Godfather trilogy, Scarface and The Scent of a Woman, Al Pacino was almost
broke TWICE at the height of his fame and fortune.
Living “high on the hog”, spending $3-400,000 per MONTH!
Flying private jets and renting
a huge house in Beverley Hills for 20 years!
He once flew his family and nannies on a private Gulfstream
500 to London and took an entire floor at the Dorchester.
He left his finances in the hands of a crooked accountant to
the celebrities, who was later sentenced to seven years in jail for running a Ponzi
scheme.
Pacino loved acting but admits that he was not paying
attention to his finances and failed to invest.
In his book, Sonny Boy, he said, “I would give money away
because I had it” and “it didn’t feel real, but it was, as I later found out”.
“The amount of money I was spending was so f****** crazy, a
montage of loss” the Godfather star added.
Pacino said when you make $10 million dollars for a movie
you don’t get $10 million dollars. After lawyers, agents and the government
take their share you end up with around $4 million.
His living expenses alone were at least that amount before
he put his own cash into arthouse films which made no money and in many cases
were not even distributed.
Things were out of control as his staff and expenses
expanded.
He owned two cars, but was paying for sixteen, along with multiple
cell phones, salaries and a $400,000 a year for a landscaper on a house he
didn’t even own!
The list goes on and the star wasn’t even signing his own
cheques and his money was draining out faster than a leaking pipe.
Hangers on took advantage of Pacino’s generosity as his
staff and expenses eventually grew beyond his means.
He said, the more money he made the less he had!
What can we learn from Pacino’s mistakes?
You don’t have to be a movie star to experience the same
issues.
Managing your money is important whether you’re making
$100,000 a year or $100 million!
Check out my SMART MONEY COURSE - https://bit.ly/4klq0mv
What can you do?
As Warren Buffett said,
financial education is the key to building wealth. It’s the stuff they don’t
teach you in school.
·
Learn how to build and
protect wealth.
·
Learn how to manage your
money.
·
Learn how to invest in assets
rather than losing money by lending it to the banks.
·
Learn about the invisible
taxes like inflation which is eating up your savings.
·
Learn about Gold and Silver,
the only real money.
·
Property
·
Stocks and Shares
I teach this and much more in
my SMART MONEY COURSE – check out the link below:
Join my SMART MONEY COURSE - - https://bit.ly/4klq0mv
#GlobalPowerShift, #UKEconomy #BritainInDecline, #MoneyTipsPodcast, #SmartInvesting2025
#gold #silver #goldsilverratio #japandebtcrisis #globalrecession #alpacino
#thegodfather #scarface
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