HIT BELOW THE BELT: USD Dumps – Gold COMES BACK!

This is a critical update from one of the best financial commentators I know, a good friend of ours, Mr. Tom Beck, who runs PortfolioWealthGlobal.com and we’re excited to share this one with you!

This has been an incredible year to be an investor. We’re up, across all sectors. Since December’s -19.2% drop, September 2018’s bottom in gold, and December’s bottom in Bitcoin, it’s been an OCEAN OF GREEN!

Gold and silver are up double-digits, both over 20%. Bitcoin is the BEST-PERFORMING asset of the year. The S&P 500 is up over 30%. Our Dividend Aristocrats have outperformed the index. Out of our 4 MUST-OWN stocks – three are up over 30%, with one of them up 75% this year.

On top of that, our December 2018 REBOUND PLAYS have been WILDLY PROFITABLE!

I don’t know when the next major downturn will occur, but I’ve already prepared a shopping list of 4 companies to bid on once that happens, and will publish it on a timely basis. The whole strategy behind it is to find companies that are getting punished, due to the general pushback, but are otherwise ready to rally big.

One of the major phenomena that America is undergoing is the longevity of the average person’s life. In the past, the younger generation had opportunities abound, when leaving college and starting a life. Today, careers begin to pick up steam and soar only when people reach their late 30s or early 40s.

In fact, the average recipient of an inheritance is 51 years of age!

Over 25% of people receive inheritance money in their 60s, which is a major CONTRIBUTOR to the increasing wealth gap. The older generations (50 years and above) own assets and have the highest salaries. Because of the end of traditional retirement plans, they also HOARD cash, not spending it. Consequently, trillions of dollars are parked in stocks and bonds, but are not trickling to Millennials, who remain mostly without assets, savings or high-paying jobs.

Life begins at 50 in the U.S. in the age of globalism, since most high-paying jobs are at the executive level – and that requires decades of experience to reach.

Take a look at this major trend:

Courtesy: Zerohedge.com

This is the reason that Millennials are postponing family unit creation and are not buying homes. The opportunities that await them in the U.S. have been stripped, due to globalization and technology.

America’s government FAILED miserably at keeping the national interest on the table and allowed U.S.-based corporations to pursue capitalistic agendas, without regard to American citizens.

In other words, corporations were allowed to outsource and exploit the world as their oyster, which has had a tremendous effect on the dominance of American enterprise on the global economy. But this has created a casualty: the worker, who isn’t at the top of his or her enterprise and doesn’t make decisions.

The difference in salary and compensation between employees doing the actual work, and those making the key decisions, has never been WIDER.

For a decade, the dollar has drawn investors to it, because it has been a safe haven compared with alternative fiat currencies. It is now starting to lose momentum, especially as the trade deal is getting closer by the day.

There are still some tough negotiations going on; each side is showing the other it won’t blink first, but it is looking more and more like a Phase 1 is at hand.

No one blink now because China and President Trump are giving us a world-class chess match, a boxing fight that is the stuff of legends; they are at each other’s throats and the entire world is WATCHING, glued to the trading screens.

China and the U.S. are exchanging blows and this is going to reflect itself IMMEDIATELY in the prices of assets, from precious metals to stocks, interest rates and bonds.

Take a look:

Courtesy: Reuters.com

From here on, the markets are CONVINCED that the deal is done (at least Phase 1) and that throughout 2020, Trump will be able to focus on his re-election campaign, postponing all secondary deals (or a final one) into his 2^nd term in office, if he wins.

In other words, most of the optimism is baked into the current prices, but the downside isn’t.