As the sun sets over the Pacific, and the vibrant poppies bloom in springtime, the Golden Gate Bridge stands majestically amid the fog of San Francisco Bay.
Yet, despite these enduring images of beauty, California’s brilliance has been gradually diminished over the past five decades, mainly due to the actions of self-serving individuals in positions of power.
The remnants of a once responsible, moderate government have been systematically eroded, much like 19th-century miners who dismantled the Sierra Nevada foothills. The situation is dire.
Right now, officials in Sacramento are in a state of frenzy. Under the pretext of COVID-19, they are advancing a myriad of legislative proposals that threaten personal privacy, exploit minors, intimidate healthcare professionals, and jeopardize livelihoods. Let’s examine a few examples…
For instance, AB1993 mandates that all employees and independent contractors in California provide proof of COVID-19 vaccination to work. Additionally, AB1797 seeks to establish an immunization tracking system, granting all government agencies access to the vaccination records of every individual.
And this is just the beginning. Continue reading
The rise of Central Bank Digital Currencies (CBDC) is imminent, and it’s occurring at a pace that many might not expect. Are you prepared?
Currently, approximately 90 central banks, including those of the European Central Bank and the Federal Reserve, are either experimenting with or implementing CBDCs. This includes all G20 nations, collectively accounting for more than 90 percent of global GDP.
It’s crucial to recognize that the introduction of a CBDC in your country would likely coincide with the elimination of cash. Of course, this would be framed as a measure to combat illicit transactions and black market activities.
If financial privacy and the freedom to manage your own spending are important to you, the fast-approaching deployment of CBDCs represents a serious concern. The mandatory use of a CBDC, such as a digital dollar, would grant central authorities unparalleled oversight and control over your financial affairs. Continue reading
Are you a homeowner or a renter?
Your answer to this question likely shapes your view of inflation and the economy.
But what if the very forces influencing your perspective are on the verge of a dramatic reversal?
We suspect that significant, seismic shifts are occurring in the credit market. What may seem like a solid foundation could soon give way, much like saturated soil during an earthquake.
Where shall we begin…
In the early 1980s, many investment experts were attempting to predict the future based on past trends. In the wake of a decade marked by soaring price inflation, the prevailing wisdom was to fill one’s portfolio with gold coins, fine art, and antiques—considered the go-to solution for safeguarding wealth.
It appeared as though the U.S. was on the brink of experiencing hyperinflation. Howard Ruff, through his investment newsletter The Ruff Times, foresaw the dollar turning to “hyperinflationary ash,” akin to conifer trees engulfed in a California wildfire. This scenario was deemed both inevitable and imminent! Continue reading
The Federal Reserve finds itself in a difficult situation due to decades of questionable practices. Their aggressive market interventions have set the stage for a potential significant downturn.
Key indicators such as price inflation, unemployment, interest rates, and stock market valuations are all positioned in a manner that makes it challenging to successfully execute the “Powell put” anytime soon.
Price inflation is currently at a 40-year high. The unemployment rate hovers around 3.8 percent, close to its historical low. Simultaneously, the 10-Year Treasury note yields 2.15 percent—though this percentage is on an upward trajectory, it remains near a historical low.
Despite the recent volatility, the S&P 500 index has shown remarkable resilience. As of market close on March 17, it stood at 4,411, down only 7.83 percent from its record high of 4,786 reached on January 3. There’s still around 12.17 percent before it hits bear market territory. Continue reading
