John Rubino returns… Go big or go home so says Janet Yellen. The new government is spending the money with two hands. Between Powell and Yellen, why would anyone worry? Easy Money is on the way! Buy Everything Rally today, gold, stocks, real estate… Gold smack-downs getting ridiculous. Gold and silver are way up today. Maybe it’s time for inflation hedges after all. Will PM longs out perform stock bulls? Clean tech is rocking under Biden. Go green young man! The day they bail out Illinois could be the day that gold goes to $5000. Government bailouts for governments around the country. Multi-trillion in bailouts coming. The Dukes of Moral Hazard have returned. Then comes any troubled economic sector. It was going to be bad no matter. Watch the interest. Turbo-charged fiat currency destruction.
Sam McElroy graduated from Hampton University, magna cum laude, and holds several financial licenses. He says that there’s no alternative to the stock market. Investors are staying in the market because they believe that the market always comes roaring back. They were slammed in March, but now they’re up for the year. The market could continue to advance and this has created complacency. However, a wise investor is always prepared for the inevitable pullbacks that inevitably occur. We could very well see a reversion to the mean. Will it be this year or next? Beware of corrections, but the timing is the tough part. Whenever the market is pushing higher, bears are always portrayed as alarmists. And then in a matter of days they can appear to be prophets. Covid has put a dent global wealth with 200-300 million people unemployed and trillions of wealth lost. Q1 pullback in equities? Or perhaps a consumption boom? Let’s see what happens next.