08-AUGUST 02-2021

Holiday Monday in Canada!

Current Events_8Good morning.
August is usually a slow month for investors.  But, the market usually goes for a wild ride in September and October, which are historically the two worst-performing months of the year.  While October makes the history books for all the big down days (1929, 1987, 2008), September is worse on average.
In the meantime, while the economic numbers look great compared to a year ago, consumers are drawing down savings substantially.  And the end of a national eviction moratorium could lead to some unrest in the housing market.  These factors all point for some strong reasons to hedge, either by selling covered calls against stocks, or by raising some cash.  Traditional hedges like gold haven’t been a strong performer here, and likely won’t unless it’s backed by another immediate stimulus program.

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

Gold … $1,815.69 (+0.7%)
Silver … $25.57 (+1.3%)
Platinum … $1,056.50 (-1.3%)
Palladium … $2,692.50 (-0.6%)

Now here’s the rest of the news:

Gold Is “Dirt Cheap Financial Insurance”
Egon von Greyerz assesses the current risks in the markets.  Based on historic valuations, here’s why physical gold as the only “financial insurance” available to investors, and why it’s comparatively dirt cheap… [Read Here]

The Nobel Prize Solution to Retirement Anxiety
Retirement anxiety is at an all-time high, and for good reason.  Surveys suggest millions of Americans have given up on retirement altogether.  Here’s how to reduce anxiety by taking control, making a plan and reducing risks… [Read Here]

Upcoming Spending Spree Risks Economic Meltdown
Almost $4 trillion of proposed infrastructure and social spending is just too much (after the $1.9 trillion already spent in COVID relief already).  Stanley Druckenmiller fears it’s going to cause an economic meltdown… [Read Here]

August 02, 2020

DECLARATION FOR THE DAY:

“I choose to be a BIG fish in a small pond instead of a small fish in a big pond.”
(Say this 3 times today)

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

Describing its beauty!!!  Gros Morne National Park near Rocky Harbour, NFLD.

Gros Morne National Park near Rocky Harbour, NFLD

A tidal pool below the cliffs of Lobster Cove Head in …

August 02, 2019

Cash in on the International Currency

No matter what you do for work – whether you realize it or not – you’re in the networking business.

International NetworkingAny banker will tell you – an honest one anyway – that your greatest financial asset is your ability to earn income.  It’s not your house, your bank account or your car.  They don’t actually want your collateral, they want your payments.

What’s important to them is your ability to earn money on an ongoing basis.  That ability is based on your health (your capacity to work), your knowledge, you skills, your reputation and your experience.

It’s also based on who you know.  It’s always been that way.  Who you know and how well you know them counts for as much – if not more – than what you know and how good your product/service is.

Contact SportsWhen you network people together, everyone wins – you and the people whom you connect.  Your contact list – your network of coworkers, business associates, friends, golfing buddies and the like is a gold mine.  Treat it like one, and you’ll have an abundant supply of the New International Currency.

You must work your list.  Call People.  Send them referrals.  Maintain contact.  Networking is a contact sport.  Mail copies of articles they should find interesting.  If you want to build and maintain relationships, you have to be proactive.¹

“Some of the biggest challenges in relationships come from the fact that most people enter a relationship in order to get something: they’re trying to find someone who’s going to make them feel good.  In reality, the only way a relationship will last is if you see your relationship as a place that you go to give, and not a place that you go to take.” — Tony Robbins

Who you are shines through, who you are hoping to become.  😉

¹ The World’s Best Known Marketing Secret, by Dr. Ivan Misner [Business Network Int’l] www.BNInet.com

August 02, 2017

My Friend,

I will remember the days where I had to go to my 9-5 job…

I will remember the days when I was told to jump, I jumped.

I will remember the days when I was told to sit down, I sat down.

I will remember the days of essentially being a paid slave, and I hated it.

BUT, I WILL also remember the DAY I took the leap of faith & REALLY began the laptop lifestyle as I like to call it and truly beginning to put the ITT team to work for myself.

I WILL remember those days and while it was so exciting to see the possibilities of a new, brighter future, it was also a bit scary.

Now let’s turn the clock ahead in your life say, just five short years from now.

What will you look back on and remember?  The day you saw an oppor-tunity like this but did nothing, or the day you seized an opportunity like this and finally turned the comer‘?

It’s been said that 97% of the population does little to nothing with life’s best opportunities … so the question remains, are you gonna’ be one of the 3% or the 97%‘?

The choice is yours, but it’s just that — a choice that needs to be made.

Make the right choice!

REW

IMG_0712
Come From Aways, Do You?

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09-SEPTEMBER 18-2021

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09-SEPTEMBER 17-2021

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09-SEPTEMBER 16-2021

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09-SEPTEMBER 15-2021

Good morning. We’ve warned for weeks that stocks are at elevated levels, and that a modest pullback would be likely.  Now, however, investor sentiment has gotten heavily bearish, for more than just a small pullback. That’s somewhat concerning, as fears of a market pullback could lead to enough profit-taking and cash-raising that it becomes a self-fulfilling prophecy.  However, a market so quick to get so bearish could also be a sign that there’s still a major rally ahead.  Bull markets don’t die when investors get fearful.  Rather, it’s when investors get so bullish that they go all-in at record highs.

09-SEPTEMBER 14-2021

Good morning. With Labor Day weekend over, oil prices should be trending down.  The summer driving season in North America is over, and it’s largely an American phenomenon.  However, expectations for a potentially colder-than-average winter are keeping a bid under oil prices right now. At a time when traders typically expect lower prices going forward, oil is now at a 5-week high and trending higher.  And Bank of America analysts see crude oil pumping as much as $100 per barrel under an exceptionally cold winter scenario.  It’s likely that gas prices may remain higher for longer than expected, and can

09-SEPTEMBER 13-2021

Good morning. Last week, Treasury Secretary Janet Yellen warned that the measures underway to preserve cash at the US Treasury were likely to run out in mid-October.  Unless Congress acts to raise the debt ceiling, there could be a potentially debt cliff where a number of government programs simply don’t get paid. That’s a scenario that nearly unfolded in 2011. 10 years ago, it also provided the stock market with a flat return for the year and a closest thing to a selloff since the housing crisis two years before that.  Last week’s market weakness may be starting to reflect

09-SEPTEMBER 12-2021

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy! Describing its beauty!!!  Fishing boats on the River Gwaun at Lower Town in Fishguard on the Pembrokeshire coast in Wales,U.K. It doesn’t matter how you get there … only that you come to visit! September 12, 2020 Whew! This year has definitely been one for the books. Between the “illness”, unrest, and just general uncertainty 2020 can move anytime! But, you know what really helps me when things get super overwhelming? Gratitude. Staying focused on the things

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