Personal Finance

CODE RED: POTUS IN TROUBLE!

CODE RED: POTUS IN TROUBLE!

In one month, approximately ONE HUNDRED AND THIRTY Million Americans will vote, if past is prologue. They can either elect the sitting president, Mr. Donald Trump, or his adversary, Mr. Joe Biden. As we speak, Trump has tested positive for coronavirus, has been whisked to the hospital and is SUFFERING MILDLY and working through the disease.

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COLD SWEAT: Millennials Eating S**t – STOCKS SMASHED!

COLD SWEAT: Millennials Eating S**t – STOCKS SMASHED!

I’m currently in Tel Aviv, where the government has just approved a SECOND LOCKDOWN, more flexible than the one in March/April but still EXTREMELY PAINFUL for businesses (which are forced to shut down again), families (which are now tasked with parenting their children 24/7), the NATIONAL DEBT, which is reaching new highs not seen in decades, and for morale and spirit of individuals, who have seen the COVID-19 virus impact A TINY NUMBER of people compared with the comprehensive response the government is imposing — this is the REAL ISSUE here — the tradeoff between not overwhleiming hospitals (which are short of staff and on beds) and halting the lives of the millions, who will not impact statistics, since they’re not at risk.

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PREDICTING CHAOS: Gold – MOMENT OF TRUTH!

PREDICTING CHAOS: Gold – MOMENT OF TRUTH!

Since this pandemic began to TAKE ITS TOLL on the world’s governments, economies and mainstream media outlets, I’ve seen comparisons being made to The Spanish Flu of 1918, from the perspective of public health; to The Great Depression, when it comes to the FINANCIAL DESTRUCTION; to the 1930s, when discussing WEALTH AND INCOME INEQUALITY; and to The Great Recession of 2008, as it relates to CENTRAL BANKS’ RESPONSE.

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GOLD $2,057, SILVER $28.05: PRINTING RAGES ON!

GOLD $2,057, SILVER $28.05: PRINTING RAGES ON!

One summer ago, exactly on this date, my wife and I visited the picturesque port town of Portofino, near Genoa on the Ligurian Sea of Italy. It is considered one of the most beautiful destinations in the Mediterranean; mega-yachts park right next to the restaurants and pedestrians come up close to check them out.


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