fbpx
Coronavirus Critical

COVID19: The Deep State Has Made Its Move

Economic Collapse is Imminent!
This Is It! Lock And Load... Final Warning!
The Shit Is About To Hit The Fan... Download Our Immediate Action Plan Now!

CONGRATS POWELL: Reflation Playbook – OWN GOLD STOCKS!

Tom Beck
May 19th, 2020
Portfolio Wealth Global
Comments (5)

This article was contributed by Tom Beck of Portfolio Wealth Global.

JUST NOW, America is starting to grapple with the ENORMOUS TRAVESTY that it has still yet to face in the months ahead.

Up until now, there was MISPLACED HOPE that this could all be just seasonal flu and there were BAILOUTS and helicopter money to help float the losses a while longer, until re-opening, but that bubble is popping; coronavirus is here to stay in our lives. For most, it won’t be a health issue, but more of a lifestyle/financial one.

From here on, it’s PURE PAIN, as we all adjust our lives to this. I hate to say it, but the numbers SPEAK FOR THEMSELVES:

  1. April retail sales collapsed to record lows, on a month-to-month basis.

 

  1. April industrial production plunged by 11.2%, which is the worst month-to-month drop since 1919.

 

  1. Capacity Utilization collapsed to a record low 64.9%, which means that America’s GDP is falling off a cliff right now!

 

Courtesy: Zerohedge.com

We have NEVER SEEN anything like this; it’s the price of SHUTTING DOWN the economy and of social distancing. It’s the price of re-arranging the lives of billions of people.

My biggest concern is that the consumer polls show that their outlook is PESSIMISTIC, which means that whatever the private sector leaders and government do in the days ahead, IT BETTER BE FAST and it better be CORRECT.

We are past the point of making errors.

People’s livelihood, dignity, future prospects, mental health, physical health, and peace of mind are at stake.

Do not wait for the government; whatever you do, strike out of your calculations the aid you will receive – think of it as the cherry on top, but don’t use it to make financial decisions. If you need additional income sources, FIGURE IT OUT fast. There are many ways to earn an extra $100-$300 a month online, starting this second.

Courtesy: Zerohedge.com

We will continue to see central banks monetizing debt; we will continue to see GOVERNMENT BONDS issued at a larger scale than what the central banks can buy – this is the GOURMET RECIPE for gold to reach new highs, above $2,000/ounce.

Newmont Mining, Barrick Gold, Yamana Gold, Equinox Gold, Alamos Gold and MANY OF THE OTHER world-class gold companies are trading at or NEAR all-time highs!

All of the above are COMPONENTS of the GDX index and some are also listed on the GDXJ index as well. We are part of the breakout and making GREAT RETURNS.

These indices are a ONE-STOP shop to trade in the sector. They are both the equivalents of the S&P 500 or the Russell 2000 indices for traditional stocks.

Courtesy: Zerohedge.com

Gold is in a BULL MARKET!

In the past weeks, silver has been closing the gap.

These are the telltale signs of IMPROVING CONDITIONS for the sector, in general.

In the past few years, since 2016, owning a basket of gold stocks, like the GDX, or owning the top-quality miners, has been WILDLY PROFITABLE.

Investors have ignored mining stocks, though. The sector is UNDER-WEIGHTED in most portfolios.

Courtesy: Zerohedge.com

20 years ago, investors also WERE IN LOVE with the tech giants and with innovation, in general – as they are today.

Many of these companies are INCREDIBLE success stories, but we have to remember that the timespan it takes to get a mine from discovery to production now approaching TWO DECADES, peak gold is REAL.

Companies that own PROVEN, VERIFIABLE resources, both Measured & Indicated and even Inferred, are sitting on VALUABLE REAL ESTATE for these giants mentioned above, who are ready to make ACQUISITIONS.

Other commodities, which are essential to our everyday lives, are also reaching peak production.

When the industry is making big profits, the giants bid for the quality juniors.

The time to position IS NOW!

EXCLUSIVE REPORTS, Featured In This Article and in Others, Which Are Considered ESSENTIAL READING:
1. Gold Investing – DOWNLOAD HERE!
2. Trump’s War with Mainstream Media – DOWNLOAD HERE!
3. Covid-19 Round2 Sell-Off Playbook – DOWNLOAD HERE!
4. Why The Dollar Is Dead – DOWNLOAD HERE!

President Trump is Breaking Down the Neck of the Federal Reserve!

He wants zero rates and QE4!

You must prepare for the financial reset

We are running out of time

Download the Ultimate Reset Guide Now!

Author: Tom Beck
Views:
Date: May 19th, 2020
Website: https://www.portfoliowealthglobal.com/

Copyright Information: This content has been contributed to SHTFplan by a third-party or has been republished with permission from the author. Please contact the author directly for republishing information.

SHTFPLAN is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

CBD Oils, Isolates, Supplements And Information

5 Comments...

Vote: Click here to vote for SHTF Plan as a Top Prepper Web Site
  1. Darth Skippy says:

    Imagine any useful item for barter, say a hammer or a can of beans. Now, just forget that it exists, until teotwaki. My guess is that it gets left behind by some elderly person, or when people moved away from an abandoned house.

    People die of thirst with a full canteen and go undressed while the moths eat their favorite outfits.

    Use gold in a parallel economy. Speculate with gold. Make it do anything, other than just sitting there.

  2. Anonymous says:

    Lior Gantz,, Jim Davis, and Tom Beck are the same person.

    They all pump PMs and have the same annoying habit of every other word in ALL CAPS like they are shouting. Very difficult to read.

  3. Archilochus says:

    I have been investing Gold Stock mutual funds for years, what has happened in the last few months in its value has been phenomenal. Very happy right now.

  4. Andrea.Iravani. says:

    There can not be an economic recovery with this corruption. Can’t happen. Won’t happen. Not going to happen! Delude yourselves as long as you would like to. It is a fool’s errand!

    You can always spot a fool by their goals!

    Sticking with stubborn and wrong is a sure sign of a fool! It is a path to destruction!

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Commenting Policy:

Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn't immediately available. We're not trying to censor you, the system just wants to make sure you're not a robot posting random spam.

This web site thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.