GOLD $1,495: DONALD Brings It HOME!
*** For everything that could be said about President Trump, I believe his first term in office will be most remembered for the fact that his policies will send the price of gold to $1,495, on the low end, and to $1,720, on the high end.
In other words, by November of 2020, gold prices will be much higher, as I see it.
Today, I want to show you precisely why this will occur and also update you on an important call I had with the most legitimate Founder/CEO I’ve ever worked with.
This upcoming stock suggestion is so unique and potentially lucrative that I arranged for the multi-millionaire tech guru, who is navigating this mothership, to meet with one of our closest contacts, a person whom you all know, to assess how big this opportunity is, from his perspective. They hit it off so quickly, as they are both friends with some of the key billionaires in North America.
One week from now, I’ll have all the details ready. On Sunday, June 10th, at 09:00 AM CST, Wealth Research Group will be the first newsletter on the planet to plant a flag on this stock, well ahead of major financial institutions! ***
One Year From Now, The Tides Will Completely Change
Between now and 2028, the U.S. will probably experience its last, great economic decade of this century.
By 2028, not only will it no longer be the largest financial powerhouse, but in all likelihood, it will have the lowest labor participation rate in its history.
You see, the Baby Boomers are retiring at a rate of one person every ten seconds, give or take. More people are exiting the workforce than entering it.
Therefore, Millennials are going to find it easier to get a job, maybe even a high-paying one, as long as they can meet the requirements and skills necessary, which is one of the reasons we see businesses paying over-time today to their long-time employees – the Millennials are still not seasoned career personnel.
In 3-5 years, though, they will see the immense wealth of the Baby Boomer generation trickling into their bank accounts. This will cause them to start buying homes (getting out of rental zones), buying electric cars (not commuting on public transportation as much), going on vacations (watching less Netflix), and moving up the food chain, saving, and investing (putting money into the stock market).
In other words, save for brief cooling down periods and recessions, which I see as short-lived occurrences, as long as the USD remains the reserve currency, which it likely will for the coming decade, the U.S. will not be the laggard, dragging global growth down, but a pulling force, pushing it up.
This will not come at zero cost, though.
The fact that labor participation is at record lows already means that the wealth gap between the working-class corporate world, along with the wealthy, will continuously grow larger.
Take a look:
Over 100 million Americans are currently out of the workforce – that’s close to one out of three people. No wonder, then, that unemployment rates are at record-lows, since the pool of employees has shrunk to 5-decade lows, as well.
One of the reasons that the U.S. is booming, in terms of hiring, is the policies implemented by the Trump administration.
For every new law they legislate, many old ones are squashed and removed.
Businesses feel better under his roof, and they take steps, which they were afraid to act on during Obama’s era.
With lower taxes and higher interest rates, though, you’re seeing the precise cocktail to bring about an inflationary recession between now and 2021.
See, tariffs are about to send car prices higher by about 20%-30%, just as Millennials will start shopping for them. Construction costs will be much higher, just as the demand for housing will increase. Consumer products will get more expensive, as bans for Chinese goods persist.
It’s already happening:
Courtesy: U.S. Global Investors
Gold, though, will be huge, but I’m not buying a single ounce.
As I said before, I have calculated my monthly spending rate, multiplied it by 24 months, and bought physical gold and silver for that amount. I’m storing it, never to be touched, unless catastrophe hits, as central banks fail to manage our fiat currency system.
The most intelligent precious metals analyst in the world, a leading Canadian banker, has been saying recently that the miners are now seeing healthy returns for the first time in four years, so as interest rates continue to slowly head higher, making traditional stocks (S&P 500 companies) less attractive, the mining sector will rise as its replacement for high returns.
This is the key:
Courtesy: U.S. Global Investors
During the rare years, in which we officially experienced 3% inflation or higher, gold advanced by 15% annually.
We haven’t had an official 3% year in a long time, so judging by today’s price of roughly $1,300, our next station is $1,495, then $1,720.
I expect the returns we make in the coming three years to be outrageously high, as mining becomes one of the most favorable industries in the world, along with the fact that we will be the first newsletter in the world to focus on Artificial Intelligence.