05-MAY 14-2021

Gas Price IncreasesGood 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 of the most, and likely the most heavily watched commodities in the world, is one where even the experts can get blindsided.  It’s a sign that traders should be nimble and have a plan for emergencies.  Think of it as having the equivalent of an extra gas can at home.

Precious Metals Prices
Price at week’s end (change over last week)

Gold   $1,833.07 (+3.5%)
Silver   $27.56 (+6.0%)
Platinum    $1,261.72 (+4.5%)
Palladium    $2,960.10 (-0.4%)

Now here’s the rest of the news:

2021’s “Tragic Trifecta” Will Makes Retirement Saving Tougher
A record trade deficit, scary inflation and a dollar in decline: it’s not a pretty picture. So how’s a retirement saver supposed to win in this environment?  Here’s one way to hedge your bets… [Read Here]

Russia’s Long Game?  Gold. –Jim Rickards
“U.S. dollar inflation is just one reason the Central Bank of Russia has been loading up on gold for years. [Read Here]

May 14, 2020                                                                          

Post-It NotesGood morning.
In Chairman Powell’s prepared statement, it was clear that he was going to let everyone know what the hard reality we are facing right now economically and where the Fed was not prepared to go, namely NIRP.  There’s a real battle being fought over whether the market is overvalued or properly valued.
On CNBC the had a guest, Bill Miller, saying that the market as fairly priced and then you also had on CNBC David Tepper saying it’s the most overvalued since 1999, on the same day! It won’t become immediately apparent overnight, but the risks to the downside are significant, it’s only a matter of when they will be realized.

How are you doing?

No, really.  “How are you doing”?

If you’re like a lot of business owners out there, the virus hit you by surprise, and you’re still not totally sure what to do with the rest of your year.

Maybe you’re in one of these 3 categories…

1. Head in the Sand: You’ve been doing everything but figuring out your business.  You’ve been cleaning house, gardening, and tackling personal projects you’ve been meaning to do for a while, which is all lovely… but at some point, you have to start paying business bills again.

2. Busy Bee: You’ve been trying to show up everywhere you can virtually — doing Lives and videos, going to virtual networking events, posting like a wild woman in Facebook Groups… but all that work hasn’t turned into much cash flow.

3. Creation Mode: You’ve been creating so. so. much.  New programs, new videos, new assets, new systems & processes, new copy for your website, a book… but when you take a step back and look at everything you’ve been creating, you realize that none of it is revenue-generating in the immediate…and you’re starting to worry about those pesky bills.

Whatever category you’re in, know that there’s no shame…

…it’s just that now is the time to create a new plan and get your business back on track.

So let’s create a FOURTH category…

…how about: Strategic & Wealthy Business Owner?

Good news is — that’s exactly what we’re talking about in our new FREE Masterclass…

CREATING PLAN B            →  →  →            Save your spot here for free!

May 14, 2019

Thanks ‘Big Al’ Awesome Tip #41

BAD, VERY BAD, EXTREMELY BAD (five words).

If we start with the words:

“Let me tell you about …”

This won’t end well.  This means we are talking about us and what we offer, and not about our prospects.

Prospects are selfish.  They don’t care about us, or what we have to offer.  They care about their problems.

We should encourage our prospects to talk about their challenges and problems.

Then, when we can present a solution, we will be interesting to them.  […this is a blatant invitation for YOU to check out 1-of-2 new websites.  They are free and packed with business building resources.]

  theITTteam.com   …is full of various industry leaders at your disposal!¹

  WorkWithWalker.com   …is designed around specific areas-of-necessity for the building of YOUR businesses home or aways!

Hope to see YOU there soon! 

¹ P.S. ‘Big Al’ Schreiter is a contributor to our success team.

IMG_0712
Come From Aways, Do You?

More Posts

06-JUNE 18-2021

Good morning. The biggest bombshell from the latest Fed meeting was the acknowledgement that inflation was coming in far higher than expected.  While the Fed continues its policy of trying to talk the market into always going up, some see a tapering of its asset purchases sooner rather than later. While that doesn’t mean higher interest rates right away, what it does mean is a big slowdown in money creation and addition to the central bank’s balance sheet.  That’s likely why both bond yields and gold prices have been dropping.  While tapering might spook the market, the prospect of lower

06-JUNE 17-2021

Good morning. Yesterday’s Federal Reserve meeting minutes kept interest rates at 0 percent, as expected.  And the Fed isn’t ready to taper its asset purchases (money printing) anytime soon.  But in trying to please everyone, the central bank sometimes ends up pleasing no one. The central bank made a big revision in its inflation estimates, from 2.4 percent to 3.4 percent.  While calling higher inflation “transitory,” the market isn’t so sure.  And, after the March meeting indicated no potential for an interest rate hike until 2024, there’s now an increasing possibility of a rate hike in 2023. The only real

06-JUNE 16-2021

Good morning. Michael Burry is a fund manager best known for going against the housing market in the runup to the meltdown.  Today, Burry sees inflation as the biggest threat to the economy.  And with prior stimulus measures boosting the price of everything from stocks to housing, the biggest threat is a nudge into hyperinflation.  Burry sees that happening this year.  Burry also sees the stock market as not only the greatest market bubble of all time, but the biggest by at least “two orders of magnitude.”  As investors adjust their return expectations for inflation, that bubble may burst. Time

06-JUNE 15-2021

Good morning. Most financial news is predicated around the idea that markets are either going up or down.  But sometimes, like now, indices are largely trading sideways.  When that happens, traders will start to look for clues as to what happens when the sideways trend ends. For most market conditions, a sideways trend can last anywhere from 6-12 months in part of a broader bull market.  That looks like the case here, given that most indices are still near all-time highs.  But it’s a time to find companies that have been hit the hardest and look set for the biggest

06-JUNE 14-2021

Good morning. There’s an old Wall Street saying that the cure for high prices is… high prices.  That’s because when prices are high, competition comes into play and customers seek substitutes.  Recent inflation data showing a jump in home and car prices (both new and used), is also leading to potential buyers to hold off on making a purchase. That could reduce demand enough to keep prices from heading higher in those areas.  A slowdown in governmental assistance to the economy in the form of stimulus checks and high spending may also help nip this rising inflation in the bud. 

06-JUNE 13-2021

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: Newfoundland, Canada. …pink and very colourful! P.S. “In order to succeed, your desire for success should be greater than your fear of failure.” –Cosby Show June 13, 2020 “What you can create will absolutely astound you, but you have to start now.” —Marie Forleo Top 10 Benefits of Using Resistance Exercise Bands 1. ADAPT EASILY FOR MULTIPLE FITNESS LEVELS…  Resistance bands come in multiple resistance levels, usually light, medium or heavy.  You can further adjust

06-JUNE 12-2021

The Power of Positivity Motivational speaker Jim Rohn is famous for saying, “You’re the average of the 5 people you spend the most time with.”  Take some time to think about that.  Seriously. Are those 5 people you associate with most positive-minded, encouraging, and supportive?  Do they energize you and inspire you to be your best?  Do they share similar values and goals.  Do they listen to you and empathize with you? Are they there for you through thick and thin?  Do they give you a genuine pat on the back for your accomplishments?  Do they provide you healthy accountability and

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a comment

Send Us A Message