4 Ways to Protect Yourself in the Coming Recession

A recession is well on its way, and there’s nothing anyone can do now to stop it. A recession is well on its way, and there’s nothing anyone can do now to stop it. [Energy and Capital logo] 4 Ways to Protect Yourself in the Coming Recession [Jeff Siegel Photo] By [Jeff Siegel]( Written Apr. 16, 2020 There are no two ways about it … A recession is well on its way, and there’s nothing anyone can do now to stop it. Bailout checks, Federal Reserve Hail Marys and bureaucratic buffoonery will be the equivalent of putting a piece of gum on the crack of a failing dam. It sucks. Make no mistake, the falsified data from China, the WHO’s glaring incompetence, lack of preparation from Washington, and continued partisan pissing matches have all screwed us. And it doesn’t take a rocket scientist to see that a recession is inevitable. How bad it will be, however, is still up in the air. JP Morgan (NYSE: JPM) thinks it’s going to be severe. 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He’ll be fine, as will the bank. When the proverbial poop hits the fan, banks and CEOs just have to wait in line to get their government cheese. It happened during the last recession, and it’s happening again, as we head into this next one. You’ll also be getting a check from the government, but it isn’t really a bailout since you and your kids will be on the hook for the debt that will be incurred from it. Make no mistake, when that check arrives, you may breathe a sigh of relief, but to survive this next recession, don’t count on the government for a damn thing, other than more thievery, lies, and misinformation. A Golden Silver Lining Despite running headfirst into another global economic meltdown, there is a silver lining. When everything bottoms out, you will pick up dozens of stocks selling at massive discounts. At the moment, I’m eyeing up some that are gearing up for a very nice run off of recent lows. Some have already started [like these.]( Utilities, industrial, and vice stocks. They’re all cheap and will probably stay that way for the next few months. And everyone loves gold during these uncertain times, too. Now I’ve opined on this in the past. Owning physical gold because you think it’s the only currency you’ll be able to use if the world goes to hell, is, for lack of a better word, stupid. If the world really goes to hell, you’ll be much better served owning things such as firearms, seeds, water, electricity, video surveillance equipment, livestock, and plenty of tools. Just the idea that people will conduct day-to-day transactions with gold coins is absurd. However, when things get bad, the overwhelming consensus is that gold is the perfect hedge against inflation. I think that’s debatable, too. But what’s not debatable is that the consensus is that this is true. Thus the reason I also have a bit of gold in my portfolio. I’d be stupid not to. For Your Eyes Only Your internet speeds are about to get a revolutionary upgrade. And it'll pass thanks to a little tech firm that I almost guarantee you’ve never heard of. The new generation of internet is finally here, and I’ve figured out a way you can ride this wave for over 750% profits... But only if you get in right now. [Click here to see why your internet is about to get 20 times faster]( and to discover the little-known firm behind it that’s leading the charge. The question you need to ask yourself, though, is what’s the best way to play gold right before a recession hits? I would suggest tier two gold, which comes from the world’s secret emergency reserves, and can cost you about half of what gold is trading at right now on the open market. Basically, it allows you to [buy gold at a huge discount.]( And it’s all perfectly legal. You can learn how to get some for yourself by [clicking here](. To a new way of life, and a new generation of wealth … To a new way of life and a new generation of wealth... [Jeff Siegel Signature] Jeff Siegel [[follow basic]@JeffSiegel on Twitter]( Jeff is the founder and managing editor of Green Chip Stocks, a private investment community that capitalizes on opportunities in alternative energy, organic food markets, legal cannabis, and socially responsible investing. He has been a featured guest on Fox, CNBC, and Bloomberg Asia, and is the author of the best-selling book, Investing in Renewable Energy: Making Money on Green Chip Stocks. For more on Jeff, go to his editor's [page](. Enjoy reading this article? [Click here]( to like it and receive similar articles to read! 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