One underperforming asset this year has been gold. The metal cleared $2,000 per ounce for the first time last year, then sank back. With inflation headlines dominating news in the past few weeks, the metal has been trending higher.
The move comes as many tech names have been in a bear market, and assets like cryptocurrencies have seen daily drops in the 10 percent range. This may simply be a rotation into an asset that’s performed the “least poorly” the past few months. But it may also be a sign that inflation expectations are likely to remain high for some time.
Precious Metals Prices
Price at week’s end (change over last week)
Gold $1,845.66 (+0.7%)
Silver $27.52 (-0.1%)
Platinum $1,235.65 (-2.1%)
Palladium $2,928.00 (-1.1%)
Now here’s the rest of the news:
Why Is Former Gold Skeptic Sam Zell Buying Gold?
Speaking to Bloomberg, Zell noted he’d previously counted himself among investors who viewed gold as a suboptimal investment compared to higher-yielding assets. But now? Zell now finds gold to be a safer option. Here’s why… [Read Here]
Billionaires Are Offloading Massive Amounts of Stock – Tyler Durden, ZeroHedge
When the country’s CEOs and billionaires start heading to the exits, it may be time to start paying attention. What do they know that we don’t? [Read Here]
May 18, 2020
I hope you had a great weekend. It’s great to see people out and about, masked or not.
I happen to live where things are opening up more quickly, and I have to tell you, it’s a relief.
The only problem is that what is true for one, is not true for the whole. The fallacy of composition across states is leading to a lot of uncertainty. That uncertainty is what’s holding the bulls at bay. There needs to be another bullish catalyst or the bears will want to come out of quarantine as well.
In Other News:
COVID-19 and the Retiree’s Dilemma – by Jim Pearce
The coronavirus pandemic has put nearly a quarter of the nation’s workforce in the unemployment line. In response, the federal government has pumped billions of dollars into programs designed to prop up businesses and keep idled employees on the payroll.
However, little attention has been directed towards retirees. Presumably, they have pensions, Individual Retirement Accounts, and Social Security benefits to keep them going. Although that was once mostly true, that is no longer the case.
A recent study by the National Institute on Retirement Security debunks that myth. It reveals that less than 10% of retired Americans receive income from all three of those sources. Even worse, 4% of them have only Social Security and nothing else.
“I’m focused and committed to what I am doing until it becomes systemized and successful!”
(Say this 3 times today)
When it comes to success, mediocrity, or failure, there is ONE word that separates the three. We’ll reveal the “secret” but maybe not-so-secret word in this video.
We’re seeing more and more restrictions being lifted across the world, but it’s still going to be a long-time until we’re back to ‘normal.’
Would you agree or disagree?
May 18, 2019
This post is going to show you and hopefully introduce you to the ‘world of PLR’.
Private Label Rights, what are they? Why are they important to know about? Below is a short video that explains “the concept”.
Now you can see how PLR products can save you a ton of time … AND have your visitors anxious to leave you their NAME and EMAIL in exchange.
And here is the Real Life pitch!
3 Powerful Visualization Techniques that You Need to Try
Creative visualization is the process where you see things in your mind how you would like them to be in reality. People of all walks of life, from professional athletes to Fortune 500 CEOs have found the creative visualization process helpful for achieving their desires and accomplishing their goals. Effective visualization requires you to imagine precise details. It isn’t good enough to just see yourself in your new home, but you have to provide that mental image the particular information, like where the new house is located, how many rooms it has, or what color the house will be. It is important to know that the clearer your mental image, the more real it will become. Here are three powerful visualization techniques that you can try to help you manifest your greatest desires.
1. The Mental Movie
Think about what would be included if you were to make a movie about your life. What would it be like? This particular technique requires you to act as the director of the film of your life where anything and everything is possible. You get to create the scenery, the plot, and the characters that are included in your film. You become the start of your movie, and every single detail that is included in the movie is up to you to determine.
2. The Obituary
After you die, how do you want to be remembered by society? What kind of things do you want people to say about you at your memorial service? This creative visualization technique allows you to determine exactly what you want to be said about you when you are gone. The script that you ultimately write will highlight your career, your friends, and your family. It will point out all of your strengths and your successes. You can picture yourself in any manner that you want and use this technique to define the essential things in your life.
3. The Letter to a Friend
This visualization technique has you writing a letter to your closest friend, but rather than the usual format, you will be projecting how you see yourself in five or ten years. When you write the letter, picture yourself as having already accomplished everything you want in your life, being as specific as possible. Regardless of the technique that you chose to practice your creative visualization, you want to be sure to practice regularly. By utilizing one of these powerful techniques, you will see your results skyrocket while manifesting everything you want and desire.
Hope you enjoy your eBook! … AND the PLR Training provided.