September Song: Day 13

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Wall Street: Where the Elite Meet to Cheat
Trump makes worse an already problematic situation with pensions. So whimsical. POTUS makes an historic monetary policy decision by endorsing negative interest rates, probably unaware of the epic controversy that he opened by doing so. Savers and pensioners thrown under the bus!

This is why I think a comprehensive and in a sense ‘final’ global financial crisis is so likely. It will provide the cover for massive debt write-offs, but also painful and scary policy innovations… (Continue to full article)

Medical Debt Is Crushing Many Americans
Is The Health Care System On The Verge Of Collapse? Americans who have insurance coverage are struggling to afford medical bills. As the research shows, health insurance won’t completely protect you. Many people have been bankrupted by high deductibles and other out-of-pocket expenses. This is why you should try to have at least the amount of your deductible in savings. Rising healthcare costs have serious implications for many Americans… (Continue to full article)

MORE… ‘UVA has ruined us’: Health system sues thousands of patients, seizing paychecks and putting liens on homes

US Suicide Rate Hits 50-Year Highs, And There’s Concern That It’ll Go Much Higher
Despite the fact that more money is being spent on suicide prevention efforts than ever before in our history, the suicide rate in the United States continues to rise dramatically. One new study has discovered that our suicide rate actually increased by 41 percent between 1999 and 2016. Even though we have the highest standard of living that any generation of Americans has ever enjoyed, we are an exceedingly unhappy nation and we are killing ourselves in unprecedented numbers. This shouldn’t be happening, but unfortunately the forces that have taken over our culture have convinced multitudes of Americans that their lives are not worth living any longer

If this is happening now, while economic conditions are still relatively stable, what is going to happen to the suicide rate during the next major U.S. economic downturn?… (Continue to full article)

Could THIS be the reason why???

Men’s “Real” Earnings Below 1973 Level
Top 20% households made out like bandits, bottom 40% got crushed. The median earnings of men working full time year-round in 2018 ticked up to $55,291. Adjusted for inflation, this was below the amount they earned in 1973, according to the annual data trove released by the Census Bureau today. In other words, there has been a “real” income decline for men over the past four-plus decades!… (Continue to full article)

Citigroup Says Gold Could Go to $2,000
Citigroup released an analyst’s note yesterday stating that “We expect spot gold prices to trade stronger for longer, possibly breaching $2,000 an ounce and posting new cyclical highs at some point in the next year or two.” Gold was last on a record-breaking streak in 2011 when it shot through handles of $1500, $1600, $1700 and $1800 from April through August of that year. On an intraday trading basis, gold reached a high of $1,917.90 an ounce on August 23, 2011 and another intraday high of $1923.70 on September 6, 2011… (Continue to full article)

U.S. is Losing the Trade War! It Has Killed 300,000 Jobs and Cost Americans Over $1.6 BILLION
There will be no winner in this trade war, and already, the United States looks a lot like the loser. Casualties are coming in the form of farm bankruptcies and lost jobs, not to mention the rising costs of goods further harming those already living paycheck to paycheck. The fact is the trade war is causing measurable damage to the U.S. economy, with the pain likely to worsen in the coming months… (Continue to full article)

What more can I see? – er – I mean, “say.”…

The Coming CRASH Is Good For Gold & Silver, Experts Say Gold Ready To Skyrocket
Josh Sigurdson reports on the rise of the gold market in recent months as recession indicators flash red and countries grow more and more wary of the US Dollar.
It has been said before and shall continue to be said that all fiat currencies eventually revert to zero. This time will be no different. The printing of currency has got to eventually be met with resistance and we are certainly seeing those tell tale signs of a complete collapse on the near horizon… (Continue to full article)

The Coming Moves In The US Dollar And A $2,000 Gold Price…Before June 2020!
The recent movement in the precious metals markets, an incredible 33% upside price move since August 2018, has reflected an increased level of fear and greed throughout the global markets. Particularly, throughout the foreign markets. Precious metals, specifically Gold, has skyrocketed to some of the highest levels in recent times as foreign currencies devalue against the US Dollar. Still, consumers, institutions and central governments/banks are buying as much as they can right now… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

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P.O. Box 579
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