Everything comes in cycles and nothing lasts forever: these are the forgotten lessons that U.S. dollar perma-bulls are being forced to learn in 2020. All of the assumptions are being torn down as King Dollar is being dethroned and no matter what you’re invested in – stocks, bonds, commodities, currencies, cryptocurrencies, or even real estate – you must pay attention to this.
The concern that unsophisticated traders are piling into precious metals is something that I’ve been hearing a lot lately. After seeing incredible gains in physical silver – and even bigger gains in the mining stocks I’ve been recommending – I can tell that some folks are worried about coughing up those profits.
The full picture of the “American dream” is supposed to involve the comfortable golden years: a time when you can finally stop working and relax for 20 or 30 years. After all, you deserve to enjoy those years after a lifetime of labor and sweat, not to mention the taxes and other contributions you paid into the system during that time.
The global pandemic, civil unrest and riots, a bitterly divided nation in a pivotal election year: 2020 is turning out to be an historical inflection point that will alter the course of America as we know it. If you expect that nothing will be the same after this year, you’re certainly not alone in that sentiment.
With President Trump’s words razor-sharp and able to cut through any competitor, you’d think the Democrats would pick a candidate with fresh ideas and a quick wit. Unbelievably, they came up with Sleepy Joe Biden, the 77-year-old Obama lackey who can barely form a coherent sentence, much less lead the nation.