10-OCTOBER 11-2021

Monday

Good morning.
The term “unicorn” was created to describe startup companies that had a valuation of over $1 billion based on their latest round of funding. The notion was that such a company should be rare, as at that size it would make sense to take a company public.
Yet today there are hundreds of unicorns. The rare species has become a herd. And none is bigger than SpaceX, the space exploration company run by Elon Musk. A recent funding round has led the company to become the first centi-billionaire firm, with a valuation of over $100 billion.
By the time the company goes public, there may not be much upside left for retail investors, a problem even smaller unicorns have faced, given the lackluster returns of IPO stocks in the past year. Investors would be wise to note that, even in the age of centi-billionaire firms, valuation matters. If a privately-held company can grow so large, valuations are still high… and likely to remain so for some time.

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

Gold … $1,758.46 (-0.2%)
Silver … $22.76 (+0.5%)
Platinum … $1,034.50 (+5.4%)
Palladium … $2,111.13 (+8.1%)

Now here’s the rest of the news:

With Stagflation Ahead, How Will Gold Respond?
We’re seeing a toxic brew of high inflation and slow economic growth develop, and the Fed seems ill-equipped to fix either. Here’s what that might mean for gold’s price… [Read Here]

Is The Small Business Sector Being Deliberately Targeted for Destruction?
Small businesses nationwide are failing at historic rates. Brandon Smith of Alt-Market.us speculates this may be a deliberate policy choice… [Read Here]

How the Housing Market Went from Overheated to Raging Inferno
How can homes be both unaffordable and in a bubble? In the background, unnoticed by most, the Fed has conjured another housing bubble… [Read Here]

October 11, 2020

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!!! St. John’s Row Houses … in Winter!

I’ve been told that if anything Newfoundland winters are good about, it’s their ability to clear the snow off the streets.

October 11, 2019

Good morning World! Although the unemployment rate has fallen to 3.5 percent, new data on job openings shows a drop to 17 months lows. What’s more, the level of hiring and quitting is also showing a slowdown. [Although these are USA stats … Canadian unemployment stats have also improved.]

This is typical when the job market reaches full employment, and many have argued that even a 5 percent unemployment rate is a worthy goal. But given this slowdown, which hasn’t showed up on a rising rate yet, the window appears to be closing, if ever so slightly, on finding a new, higher-paying job.

** ** **

Should you be thinking of change, job related, here are four keys to remember:

Believe in yourself and your message first, before attempting to make anyone believe in you. Your own conviction will manifest in your words and actions. You’ve probably heard about cult leaders who relayed their messages with such intensity and unfettered emotions that the audience would do anything being told to them, even if it means ending their own lives! But of course, you should use this only for good means.
Be consistent. Establish trust so people are more likely to believe you. Then say words that are honest and consistent with your actions and body language, so your future messages are more credible. Make sure that your voice volume, pitch, and tone, as well as your gestures, are appropriate for the current situation. Just imagine the insult and awkwardness if you’re attending a funeral and you suddenly laugh. Be aware of your words and movement always.
Be yourself. Don’t be someone you’re not. If you’re in love with someone, for example, but have qualities not compatible with him and fake your behavior or “wing” things just to impress him, sooner or later, you’ll be found out. Don’t claim to be someone you’re not.
Never lie. One lie, just one lie you say, will make people doubt whether all the past things you’ve said are true. That will ruin their trust in you, and they might never believe you again.

Whatever you say from then on, they will scrutinize first and ask themselves, “Can that be true?” And when you’re persuading people, you possibly allow them to have any doubts in their minds!

“There are no limitations to the mind except those we acknowledge. Both poverty and riches are the offspring of thought!” —Napoleon Hill

To your success … however YOU define it! 😉

08-AUGUST 17-2022

Good morning. The pandemic and ongoing supply chain issues that stemmed from it have reversed a 40-year trend of globalization. That trend created a level of efficiency that arguably acted deflationary by keeping prices from rising as much as they would have otherwise. Today, the trend is de-globalization as supply chains return home. These forces are inflationary, as they result in many supply chains instead of one large global one. That can benefit some, such as those who would not have had a job in their home country otherwise. But it also means higher prices for goods and services. That’s

08-AUGUST 16-2022

Good morning. Last year, we cautioned that low interest rates and historically low mortgage rates wouldn’t last. If you timed the bottom in rates last year perfectly, mortgage rates were about half of what they are today. As that trend looks to continue higher, housing is starting to show signs of slowing down as well. For those who own their homes, that may mean a drop in the home’s value. If you’re not looking to sell anytime soon, that’s not a problem. But for investors, this can mean an opportunity to get into the housing market in the next few

08-AUGUST 15-2022

Good morning. The market rally of the past few weeks has helped take stocks off their recent lows. On Friday, stocks recovered a full 50 percent of their losses from the market top. Many traders view a 50 percent retracement as a sign that a market rally is sustainable, and not just a bear market rally that could end up leading stocks lower. In short, this is the strongest “all clear” signal yet following weeks of the market trending higher. While this is usually a bullish sign… such signals also tend to occur when interest rates are falling or flat,

08-AUGUST 14-2022

We can almost taste the sea air… St. John’s, NFLD. August 14, 2021 10 Benefits of Helping Others “Be helpful. If you see a person without a smile, give him one of yours.” –Zig Ziglar Volunteering your time, money, or energy to help others doesn’t just make the world better – it also makes you better. Studies indicate that the very act of giving back to the community boosts your happiness, health, and sense of well-being. Here are 10 benefits of lending a helping hand. 1. Helping others feels good. There is some evidence to suggest that when you help

08-AUGUST 13-2022

Today! August 13, 2021 Good morning. The latest jobs numbers are looking good, with fewer new claims being filed and unemployment dropping. But there’s a critical mismatch: There are still over 10 million job openings and as many as 12 million still receiving some kind of unemployment benefit. The Fed has committed to keeping the monetary spigot open while the labor market is under full employment, but some will always be between work or unable to work. This mismatch may start to resolve itself later in the year, as extended federal unemployment benefits end in states that didn’t end the

08-AUGUST 12-2022

Good morning. Oil prices have been driven by an imbalance between supply and demand for the past few years. While OPEC has looked to gradually raise output, the cartel is now expecting markets to move into surplus this year. That’s in contrast to other estimates right now. OPEC’s research may be the first step towards moving to cut its total output, potentially later in the year by likely some time in 2023. That could help put a floor under oil, which has ranged as low as $90 recently after getting as high as $120 earlier in the year. While oil

08-AUGUST 11-2022

Good morning. It finally happened. After months of rising higher and higher on an annualized basis, inflation has finally cracked. While the market liked the read of “only” an 8.5 percent year-over-year increase, it’s still incredibly high by any standard. And inflation is cumulative. So the longer it’s higher than average, the more destructive it will be for investors over time. While it’s a sign of good news, getting inflation down faster still means the economy will need to see a bigger slowdown from where it’s at now. So while markets jumped on the news, it’s possible that as the