How much Money i Lost investing in Stocks [5EDepncCkWQ]

So it's been about 4 months since I last

made a stock market video update, and I

thought I'd make another video telling you

how it's going now. Unfortunately, it's

gotten a lot worse and it's not going very

well. If you've been following the stock

markets at all, you'll know that the stock

market has just kind of started to crash

really badly. Even though it's been 4

months since my last stock market update,

instead of making more money, I've

actually lost even more money. So in my

main account, I'm now down £12,552.

In my second account, I'm down £414.

In my copy trade portfolio, I'm down about

$200. And like I mentioned in the previous

video, I also lost about $2,500 trying to

do day trading. And if you remember my

last video, I stated that I was going to

focus on 3 main areas of industries in the

stock market because I predicted and

correctly predicted that inflation would

carry on rising. Unfortunately, the 3 main

industries that I decided to focus on have

not really done extremely well. So the 3

industries that I discussed in the

previous video that I was going to invest

in were number 1, tobacco stocks, number

2, energy and big oil, and number 3,

Lockheed Martin. So a little bit of an

update on those stocks. I don't have any

of them anymore because number 1, tobacco

didn't really do very well. Actually, it

went down about 17% since after I made

that video. So I lost 17% on my tobacco

stocks. And energy stocks haven't really

done anything. I think they've moved up

maybe 0.24% since that time. And Lockheed

Martin Martin has barely moved at all as

well. So basically, I had one really bad

trade with the tobacco stocks and two

trades that didn't really do anything,

which were the energy stocks and Lockheed

Martin. I don't know why those stocks have

barely moved at all, considering the fact

that energy prices have just gone through

the roof and the price of gas and

electricity is only going to get more

expensive when we head towards winter. I

don't know why tobacco stocks have just

plummeted so much as well. I guess people

aren't smoking as much as they used to. I

don't know. Okay, so next I'm going to

talk about my current investment

strategies and my predictions for the

future of the economic markets. So first

of all, I am invested in these 4 main

stocks as of right now. So first of all,

I've got AbbVie and Walgreens Boots

Pharmaceuticals, and these are basically

pharmaceutical medicine companies. So

AbbVie develops medicines and vaccines and

other kinds of treatments, and Walgreens

Boots, they sell medicine and stuff like

that. So I think those 2 areas,

pharmaceutical companies, are a good

industry to invest in because we're coming

up to winter now and people are gonna

start getting sick from the flu and other

kinds of viruses, and they're gonna go and

buy some medicine and they might go to

Walgreens Boots and AbbVie might develop

more vaccines and stuff like that for more

potential future outbreaks of the you know

what. And as you can see, my AbbVie

investments are up over 8%. So I think

I've chosen a pretty good stock to invest

in. And the other 2 stocks I'm invested in

are Barrick Gold and Rio Tinto. And I

believe these to be my main 2 conviction

stocks. I've got a lot of confidence and

belief in these 2 industries. And the

reason why I've decided to choose Barrick

Gold and Rio Tinto as my main 2 stocks is

because, well, if you've been following

the currency exchange markets, then you'll

notice that the Dixie or the dollar index

has just gone straight through the roof,

which basically means that the value of

the US dollar is really high right now. I

don't know why the dollar has such a high

value right now. I think it's because the

US government and the Federal Reserve are

trying really hard to prevent the dollar

from crashing, which it probably will from

the impending and upcoming recession,

which is going to get even worse as we

move into winter. I also think that the US

government and the Federal Reserve want

the US dollar to maintain its status as

reserve currency of the entire world, and

they're trying to prop up the value of the

dollar so that it holds on to its status

and its respect as a reserve currency. If

people start losing confidence in the

dollar and the dollar gets really weak,

it might not really hold any value as a

reserve currency anymore, and then other

countries are going to look towards other

currencies instead, which would be very

bad for America and its allies.

Basically, one of the main reasons why

America has so much influence in the world

is because the US dollar dollar is the

world's reserve currency, so it makes

sense for the US government and the

Federal Reserve to make sure that the US

dollar stays strong. However, that bubble

will pop eventually, which is really great

for me because I actually earn most my

money, or nearly all of my money, in US

dollars, and then I convert that into

pounds. And I'm actually making more money

now thanks to the dollar being worth more

and the value of it going up higher. But

unfortunately, as everything in the stock

market, when things keep going up and up

and up, they eventually come down and down

and down. And I believe that right now

gold and precious metals are very cheap

because the dollar is so inflated right

now. But when the dollar eventually

crashes and the Dixie crashes down, I

think that gold and precious metals will

have a big rally, and everyone's going to

pile their money into commodities like

gold and copper and iron ore because they

have real value, unlike fiat money, which

is basically just paper that's being

printed out at this point. They don't

actually have any intrinsic value apart

from people who need it and want it so

they can buy goods and services. But once

the inflation gets really bad, the value

of the dollar is just going to become so

worthless that people are going to go into

commodities like metals and food and wheat

and stuff that is actually important for

building stuff and sustaining life. So

right now, all of the other currencies,

the main currencies in the world like the

British pound and the European euro and

the Japanese yen, all of their values are

just crashing down. They've never been

weaker than ever before. And you know

what's going to happen next? The US dollar

is going to follow in the same way. And

when that happens, people are going to be

scared of having lots of US dollars, and

they're going to transfer their money and

wealth into things like gold and other

precious metals, and that's where I hope

to make some money. So as you can see,

the fundamentals support my theory for

gold and precious metals. But not only do

the fundamentals stack up, the technical

analysis on gold stocks, gold mining

stocks, also stack up as well. As you can

see on the Barrick Gold stock charts, we

are forming a triple bottom, and we also

have an oversold indicator on the RSI,

which is extremely bullish. So my current

investment strategy right now is I'm going

to keep an eye on the Dixie as we move

into the midterm elections in the US. I

believe that after midterm elections, the

stock market will start to crash really

heavily and the US dollar will plummet.

And that's when gold and precious metals

and commodities will start to take a

massive rally as people pour their money

into these industries. Historically in the

stock market, September has usually been a

very bad month, usually one of the worst

months in the entire year. And then what

we might see is a dead cat bounce up until

the midterm elections. And after the

midterm elections, the Federal Reserve

doesn't really have any reason to keep

people happy anymore, and they're just

going to turn on the engine to 100% to

tackle inflation. And the result of that

is they're going to crank up the interest

rates to unbelievable high amounts. And

that's when the entire market and economy

is going to crash into the toilet. Maybe

there's going to be a tiny relief rally

going into Christmas, but next year is

going to be pretty ugly if you're holding

stocks like tech stocks, Apple stocks,

Amazon, or other kinds of tech stocks that

are in the NASDAQ. I feel a bit sorry for

you. I think you're going to regret

holding on to NASDAQ or tech stocks going

into next year. I sold all of my tech

stocks back in May or April, and I'm so

glad I did because tech stocks have just

gone down even more. And I'm 100% fully

into gold and precious metals and

pharmaceuticals. And really, I want to get

more gold and maybe even an entry into the

S&P 500 short. I want to go inverse S&P

500 because I think next year is going to

be very ugly for investors if you are into

things like tech stocks. So my plan is I'm

going to hold on to my current stocks, my

current holdings, until around the end of

this year, and then I'll make another

update video on my YouTube channel. So

tune in for that to see how my predictions

played out, to see if my gold predictions

actually made any sense, and see how much

more money I've lost by the end of this

year. Thanks for listening and goodbye.