It Won’t Be Pretty, They Say…

On Sunday, I landed in Milano, rented a Mercedes Vito van and took my entire family to the Italian region of Aosta Valley; about a 2-hr drive North West of Milano, the Italian, French and Swiss borders meet on the Alps.

We’re in a ski town called Cervinia that is on the foothills of the famous Matterhorn.

The Italian and the Swiss have recently connected Cervinia and Zermatt by lift, in what is considered to be one of the most advanced and cutting-edge gondola systems, anywhere in the world.

This upcoming Sunday, I’ll share more about the journey to the highest panoramic station in Europe called Matterhorn Glacier Paradise, as well as a publication I have been working on for months regarding the NEW ORDER ORDER {we are in a major reset, seen only once in 75-100 years}, but today I want to tell you about the feared market crash.

To start off, I personally don’t believe there’s one coming imminently and I haven’t thought so for over eight months. In October 2022, I was writing about how the NASDAQ was already down 33% and that this is a time to turn-off gloom and doom media and focus on value.

The reason I’m putting this publication together is because I went canyoning yesterday with my wife and our 6-yr old daughter and it was intense and the topic of an impending market crash was raised.

The other family that joined us from the Netherlands was very nice and I got to talking with the father. I asked about their local economy and he kept getting back to his cash position and to his fear that the entire stock market is a bubble and that we’re going to see 50% declines.

Before we could dive deep into his psyche, the guide asked all the adults and the children to practice jumping into the water pools. The temperature was 18 degrees Celsius, so I was eagerly waiting to hear from my little girl how hitting the water shocked her system.

I didn’t need to ask about the impact; it was written all over her face… she was cold.

Jumping into water holes is one part of canyoning; another fun part is sliding on rocks that are characterized by running streams into water pools. You sit back, put your hands on your belly and slide down.

These are fast and the pools are cold and deep, but the suit helps you float. She mastered that too, but during a rappel with shackles on the rope, I slid, bumped her and took her with me.

We were hanging on the ledge; tied, of course, but she was traumatized a bit and I wanted to see how long it took her to snap out of it, so I kept observing, not correcting the situation or preaching that she should walk it off.

From that point on, she was much more emotional, but she kept on doing everything (sliding, jumping and hiking), even while freezing cold and scared.

My wife told her: “We are in the middle of a canyon. We must finish this to get back in the car” and I think that reality sunk in.

The stock market looks to adults like deep water holes and rocky cliffs that you need to slide into feel for kids; it is not the first thing most people would choose to do, but when we ate lunch at the end, in a panoramic restaurant at the top of Mont Avic Resort, she told me: “Dad, I would definitely do this again.”

Don’t let fear stop you from investing in the American markets, one of the premier wealth vehicles to ever exist, even if it looks like it’s an impossible jump to take at first.

I was so proud of her, by the way.

Best Regards,

Lior Gantz
President, WealthResearchGroup.com