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SAYONARA RECOVERY: Virus Outbreaks Return – GOLD KAMIKAZE!

Tom Beck
May 11th, 2020
Portfolio Wealth Global
Comments (7)

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

Clouds of Uncertainty – The World Awaits Re-Opening

Take a DEEP BREATH; whether you are like me and believe that the BEST COURSE OF ACTION is to protect the elderly and the immune-weakened, while the rest of us continue BUILDING our lives, unleashing the full power of ingenuity towards alleviating the suffering and fear of the compromised, so they can ALL return to normalcy – or – whether you’re of the opinion that everyone should stay at home, the fact remains that the PANIC PHASE is behind us. Now it’s time to defeat it COMPLETELY!

Things aren’t going back to normal anytime soon, though. Most people, even if they feel safe themselves, have families to consider. Going about your day as normal has now become a biological crime, a politicized topic.

Many grandchildren, sons and daughters aren’t visiting their parents and grandparents and I do expect that to continue for a while.

Malls have opened in many places, but consumers choose to STAY AWAY, even though the owners are making EFFORTS to keep the compounds sterile and clean.

We can’t just SNAP THE FINGER and go back to normal is my point.

Courtesy: Zerohedge.com

This is where the above chart COMES IN. About 18M Americans, who represent roughly 12% of the workforce, believe that they’re only TEMPORARILY out of a job. In other words, out of the 38M who are currently officially unemployed, more than half believe it’s a PASSING PHASE.

These are STAGGERING numbers of people, who are presently not being productive in the marketplace.

Just 20 years ago, in the year 2000, the federal debt to GDP ratio stood at 58%. It has DOUBLED since then, sitting at 117% right now.

As you know, once a country goes above that 100% THRESHOLD, it is considered a banana republic of sorts.

The debt per taxpayer is $202,531 and the debt per citizen is $76,279. The official budget deficit for 2020 is OVER $2.1T and rising!

Courtesy: Zerohedge.com

We need to understand why it is that Warren Buffett isn’t PULLING THE TRIGGER. We know it’s not because he shies away from buying after major dips. His biggest winners were American Express, bought right after the Oil Salad Scandal; GEICO, bought after bankruptcy; Coca Cola, bought after 1987; Wells Fargo, bought in the 1990 recession and The Washington Post, bought during the 1970s recession.

Clearly, Buffett isn’t scared of turbulence. If he isn’t buying, it’s because prices are TOO HIGH, not because he feels the world is ending.

I’m not saying that there is NOTHING ATTRACTIVE out there, only that the market itself is DECOUPLED from reality.

Personally, I’m following the guidelines I’ve set and purchasing according to the WATCH LIST.

This past Friday, the worst-ever unemployment report came out, yet markets rallied. These moves mean that investors are, as a whole, CLUELESS about the lurking danger.

As countries re-open, some cities, states, and countries will panic and DECIDE TO resume Stay-At-Home measures.

Courtesy: Zerohedge.com

Bond yields CLEARLY REFLECT that investors are questioning the SWIFT REBOUND.

Huge sums of money are being loaned to the Treasury at the lowest-ever interest rates. This tells me that big players are attempting to RIDE OUT THE STORM, remaining liquid, so they can dance on the graves of the weak, who will get shaken out. CLEARLY, the most sophisticated money managers anticipate FALLOUT of epic proportions.

I’ve heard from highly REPUTABLE SOURCES that some believe they will not need to purchase businesses from others, but will be given them FOR FREE, as owners will only seek to be employed in the enterprise they once owned and rid themselves of the liabilities.

These predictions don’t make me happy.

In the next 12-18 months, your ability to WITHSTAND adversity, to see years of hard work go down THE TUBE, will be tested.

I can’t stress enough how valuable it is to own GOLD in times like these.

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
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Date: May 11th, 2020
Website: https://www.portfoliowealthglobal.com/

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7 Comments...

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  1. I’m high-risk and I would like to continue to stay home so the rest of the healthy people can go about their lives until this pandemic is over. However, continuing to stay home (like I should be doing) is not an option. I’ll lose my health insurance, my job will not continue to be held, I’ll deplete my savings. If the government wants to open the country back up, then why not come up with an actual plan to assist the elderly and high-risk to stay home?

  2. Andrea.Iravani. says:

    Obviously, it is unsafe to stop social distancing because people are exhaling deadly CO2, so, until businesses are able to go off the grid and start creating their own energy, like Johnson Controls did, with their own solar system, and public transportation starts using Toyota’s hydrogen battery busses. It is just not safe. The government also has to subsiddize every American to go off of the grid using renewable energy. Just too much CO2. And Trump has to make good on his promise of planting 1 trillion trees, to increase oxygen and reduce CO2. Toyota also makes hydrogen battery cars.

  3. B-17 says:

    I agree stay home, and buy food, make food come out of the ground buy, and stock up on medical supplies, and other things.
    BUY FOOD, MAKE FOOD COME OUT OF THE GROUND.

  4. Darth Skippy says:

    “the fact remains that the PANIC PHASE is behind us”

    Which phase was the “panic” phase? 1,2,3, or 4?

    Official channels tell you, explicitly, how mandatory vaccination would be rolled out in 4 phases and that you will not be able to re-enter the formal market, without an internal passport, imprinted into your skin.

    You have Christians, from the state church, claiming to be in the role of prophet and pastor, saying that it should probably be safe.

    Maybe. They hope so. They think this is a dry run or pilot test.

    A live DNA vaccine and mark required of all who would buy or sell.

    Do you get to make this choice, multiple times?

    Can we characterize you, on the very first try?

  5. Andrea.Iravani. says:

    Why didn’t anyone tell me that journalists were sort of WWF announcers of world events, not only in a total fake news show, but of a totally rigged game?

    Listen to George Galloway! He sounds just like a WWF announcer!

    https://video.img.ria.ru/Out/MP3/20200511/2020_05_11_MOATS47_twy10s2x.mbr.mp3

  6. Cmoore says:

    It’s hard to know what to do exactly. I agree with the comment above me, raise food. We have bees and chickens, raise enough food for ourselves and left over to give away. I think having very little debt or none is good. I still don’t understand how 526 people can put 330 million people into unbelievable debt. I think every taxpayer is responsible for about $225,000 in debt. Crazy!!

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