This is the most critical week since the Covid-19 disease was declared a pandemic. In the U.S. alone, there are over 110,000 REPORTED CASES and that means that the real NUMBER is probably in the neighborhood of double or even TRIPLE that amount.
10% of Americans now say they know someone who carries the disease.
Both the federal government and the non-Federal Reserve Bank have LAUNCHED stimulus packages, which are far and above anything the world has ever witnessed before.
Trillions have been announced and trillions have ALREADY been invested, so if we don’t want to see $12 trillion of our money, our children’s money and our country’s money GO DOWN THE DRAIN, the government must flatten the curve this week or face a disastrous outcome.
We don’t have to look at the numbers to understand whether or not this is more lethal than a seasonal flu, but we have to treat it like it is. Even if the mortality rate is 1%, the TOTAL number of people catching it is huge.
There are over 30,000 deaths worldwide thus far and the reported number of cases is closing in on 700,000. We can assume that the number is probably over 5,000,000 and growing. The measures taken to stop the spread are ADMIRABLE.
Never did I think that we would see a time when virtually all of the resources at our race’s disposal would be devoted to defeat one problem, yet here we are.
This pandemic is so ECONOMICALLY disruptive that even after all of the bailouts were announced, banks still DON’T trust each other and still charge EXTREMELY high rates from counterparties in overnight lending.
We have entire countries where citizens are staying at home in nearly 150 nationalities
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
Before the world’s governments begin to release the masses into society, the healthcare system must be ready to absorb the increasing number of patients, since what my sources are telling me is that some hospitals have so few respirators that patients have to sign a waiver, stating they understand that they might not receive one.
It’s that bad in some areas.
Therefore, once every American PERSONALLY knows at least one family member, friend or co-worker who is fighting for his life, the working thesis is that the baby boomers will begin liquidating their portfolios in droves.
Therefore, the Federal Reserve is buying a gargantuan quantity of stocks, bonds and mortgages. After 2008, we all KNEW that in the next crisis the FED would be unstoppable, since the markets are ADDICTED to it.
The more DELUSIONAL the system – where governments borrow at 0% from other governments, their own central banks or the public – the more STUPIDLY HURTFUL the inevitable JUBILEE or DEFAULT will be.
The more we wait, the more this mess will come back to bite us hard.
We simply have a screwed up system, which we inherited from Richard Nixon’s decision to take everyone off the gold standard in 1971.
Courtesy: U.S. Global Investors
The price of oil has CRATERED so badly that the energy industry is on the verge of mass bankruptcies, if it isn’t restructured.
As you can see, gold has been such a key asset to own.
In the weeks ahead, as corporations and everyday Americans receive the bailouts, I expect the dollar to fall so hard that it won’t KNOW WHAT HIT IT!
That’s going to be the cue for the new bull market in mining stocks and it will be one for the ages.
Research Partner, PortfolioWealthGlobal.com
Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.
Please read our full disclaimer at PortfolioWealthGlobal.com/