We could be on the brink of a major turning. I’m not just talking about a small, miniscule change – if the U.S. economy continues in this direction, inflation could reap the markets right open.
I’m not talking about the type of inflation, which propels stock prices to the sky, but to the kind, which scare investors about overheated economies and calls for intervention, governmental or otherwise.
Bond yields are confirming we’ve entered a generational cycle in rising borrowing costs for the world’s developed governments. The ENDGAME for non-stop deficit spending might be closer than any of us can imagine.
Now, Portfolio Wealth Global isn’t calling for double-digit inflation, but we are talking about 3%-3.5% over the course of a few back-to-back years, which translates to quite an earthquake for everyone.
Silver is the best measure for inflationary expectations, since it’s both an industrial and a precious metal for monetary uses.
The beauty in silver is that it’s also in tight supply as well, so it’s a perfect speculation in 2018. Literally no one is expecting it to rise right now, but it is the leading indicator for mining shares exploding, inflation gaining traction, and a stock market topping-off.
In the past 3 months, I’ve travelled through 8 different airports – there’s a boom. Hotels were packed, flights were full, people were and are splurging, and the added fuel to the already large fire is that due to the fact that America has so many retirees, there’s a shortage of workers.
This shortage is forcing employers to pay higher wages – the root cause of inflation.
These are prime conditions for a 1970’s style decade, and I’m personally preparing.
If you haven’t already, I suggest you own physical precious metals in multiple locations. Personally, I store mine in vaults spanning North America, Europe, and Asia.
Put together, their combined worth is about 2 years of expenses at my current burn rate.
On top of that, scour through your portfolio and make sure the companies you hold are either prepared for inflation or thrive in inflationary conditions.
Blockchain stocks will perform well. Mining shares will be like rockets and recession-resistant businesses, such as Kimberly-Clark will be the most important pieces of a well-rounded portfolio.
The U.S. government’s reckless balance sheet is going to pound hard on the world someday soon, and all you can do is prepare, since this path of destruction is unavoidable at this point.
Critical Briefing: DMG Blockchain Solutions (TSX-V: DMGI & US: DMGGF) just received its symbol in the U.S., which is a major development in terms of investor exposure and liquidity. We’re going to be covering the progress of this company for the years to come. Expect major progress from this aggressive management team.