05-MAY 02-2022

His plants!Good morning.
While the Russian ruble initially sank following sanctions against the country, it’s since recovered – and moved higher.  That’s because Russia’s resource-rich economy makes it a valuable trading partner, particularly for energy-hungry Europe.
Now, the nation is exploring the possibility of backing the country’s currency officially with gold.  That’s a bit of a throwback to the 19th century.  But in a world where most countries simply print money unbacked by anything, having even a small tie to a hard asset like gold could lead to the ruble rising further.
Investors and traders probably don’t need (or want) to convert their savings into rubles.  But it could also be a sign that commodity strength is here to stay.

Precious Metals - 2022-04-30

Now here’s the rest of the news:

Analyst Reveals the Number One Reason to Buy Gold Now
Since a stock market crash happens every time the Fed tightens during a Quad 4, one analyst is forecasting a minimum downturn in equities of…  [Read Here]

May 02, 2021

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy!

Naturally beautiful: Lots of things to do in beautiful, Newfoundland, Canada.

Newfoundland-Canada3

…on the Rock!

p.s. “It’s okay to modify the dream.” –Morgan H. Nichols

May 02, 2020

OverThinkingYou’re one of those people who are stuck in their ways.

It’s hard for you to change your routine.

We’ve all heard of the saying “You can’t teach an old dog new tricks.”

In reality, you can’t change your mind without a commitment to change.  Most people are ‘checked out.’

Processing, analyzing, and thinking are conditioned behaviors in our society.  Being checked out means that instead of being and staying attentive, you tell yourself that you don’t know the answer.  You tell yourself to move on.  In reality, you know that you possess everything required to be great.

Why does this happen?

To find that out, there are some questions that you must ask yourself.

  1. Did you grow up with passive-aggressive people in your circle of influence?  If the answer is yes, there’s a high probability that you always feel like you have to explain and justify what you do.
  2. Were you conditioned if you got an answer wrong or did something wrong in your household?  This might mean that you’ve lost your voice over the years for fear of saying the wrong thing.
  3. Finally, were you rejected or abandoned as a young child?  This can leave you analyzing and stuck in your head for years to come.

If you see a situation to be potentially painful, your left-brain will do what it is conditioned to do and has been doing for years; check out.  It will overthink and cause you to avoid the “perceived” pain, which in most cases is purely over-exaggerated fiction.

So you analyze and overthink…

Which leads to anxiety….

Which leads to procrastination…

Which quite frankly, keeps you stuck right where you are.

See the pattern!  Stay strong…

May 02, 2017

ListsWhen you look at your list as $$ signs, you forget the most important thing…

Each Lead On Your List Is a Living Breathing Human Being (With a Problem That They’re Asking YOU To Help Them Solve!)

You might want to read that line again and ingrain it into your mind.

Of course, it’s not your fault.  Because just look at how we describe our prospects when we speak about them.  LISTS!!

REW

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Come From Aways, Do You?

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05-MAY 15-2022

Today “small town” in Newfoundland is… Salt Harbour. May 15, 2021 Struggling … how to break bad habits? “Nothing is impossible.  The word itself say, ‘I’m possible.’” –Audrey Hepburn There’s no one single reason why we struggle — to break bad habits, achieve our goals, or excel in our desired domain — but more often than not, the biggest challenge is sitting between your two ears. Yes, your mind is incredibly powerful, and quite frankly, it’s a double-edge sword.  The stories you tell yourself, the things you believe about yourself, and the way you talk to yourself can either be

05-MAY 14-2022

Today! May 14, 2021 Good morning. One year ago, oil prices went negative as traders feared that the pandemic would lead to prolonged drops in oil use and got caught in trades they couldn’t get out of.  Today, oil and gasoline prices have held up well in inventory reports.  However, supply issues remain in the South and up and down the East Coast, even as Colonial pipeline paid a $5 million ransom to the hackers who shut down their system.  A number of states have declared emergencies as supplies have run low. It just goes to show that oil, one

05-MAY 13-2022

Good morning. Meme stocks are back!  Well, sort of. A spike in companies like AMC Entertainment (AMC) and GameStop (GME) occurred yesterday.  GameStop was even halted multiple times on the way up (but not on the way down).  Oddly, this may be an early sign that markets are looking for a short-term bottom, given the sharp reversals higher. On CNBC, analyst Jim Cramer came out against the traders of meme stocks using sites like Reddit’s Wall Street Bets, to find the meme stock opportunities in the first place.  Tough words for someone whose television show features sound effects.  But for

05-MAY 12-2022

Good morning. The good news?  Inflation has slightly slowed on a year-over-year basis, for the first time in seven months.  The bad news?  It’s still high at 8.3 percent.  And it came in higher than expectations. Looking at the data shows some reasons for the unexpected strength.  Most components of CPI still rose more than 6 percent in April.  But soaring food prices – which we’ve warned about fairly often — were a big contributor.  Another big move higher was record airfare prices, as high fuel costs and a reopened economy drove prices up. The data doesn’t give too much

05-MAY 11-2022

Good morning. Typically, growth stocks lead the market.  That’s because these companies have the ability to scale up rapidly, and one of the best signs of a stock heading higher over the long haul is increased earnings. Yet every few years, value stocks have their time to shine.  A year ago, Warren Buffett’s performance as being derided.  Yet he’s buying stocks now.  In contrast, Ark Innovation, the hypergrowth fund managed by Cathie Wood, is now not just down relative to Buffett — but it’s underperforming the S&P 500 since its inception. Can these trends reverse in time?  Yes.  Will they

05-MAY 10-2022

Good morning. Any econ 101 student can tell you that there’s a lag effect between something like, say, the creation of trillions of dollars in spending, and inflation rates reflecting that.  We’re seeing that trend play out today, with the highest inflation levels in decades. The good news?  Some of that new money first went to financial markets, rather than in goods and services.  That helped keep many things affordable, especially during the initial lockdown phase of the pandemic.  But today, we’re seeing the impacts of those past lockdowns (and current ones).  And we’re seeing that handing out money directly

05-MAY 09-2022

Good morning. People don’t mind inflation when it hits things like assets.  When stocks and home prices are rising, consumers feel wealthier.  This “wealth effect” tends to be beneficial to spending, which then become a self-fulfilling prophecy. The 2009-2020 market rally started with this effect.  The bank bailouts propped up the banks, but didn’t cause inflation on Main Street.  Today, thanks to the stimulus measures during the pandemic, Main Street went on a spending binge.  That’s caused a reverse wealth effect as the prices of goods like food and utilities are rising at a rapid rate — but now asset

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