Warning: Lock Away Your Gold

Biden Bucks are coming… [The Daily FWD] May 03, 2023 [UNSUBSCRIBE]( Warning: Lock Away Your Gold Good morning Reader, Today, we’re going to cover issues like the China-U.S. solar war, how to beat Bidenomics, why you should stay clear of downtrending stocks (no matter how tempting the prices are) and how the Fed is using the wrong indicators to drive our economy. But first, Jim Rickards will give you the details on the latest bank failure. You’ll want to safeguard your gold… fast. Because he sees the latest banking crash as an early warning sign of the government’s plan to roll out Biden Bucks. Let’s get into it… [Click here to learn more]( News: Jim Rickards – Another Zombie Bites the Dust Another one bites the dust… First Republic Bank closed yesterday, with the majority of its operations sold to JPMorgan Chase at fire-sale prices. It was the second-largest bank failure in U.S. history. It was also the third bank failure in just six weeks, following Silicon Valley Bank (SVB) and Signature Bank. First Republic’s failure isn’t surprising. First Republic has been a zombie for a while. As we warned last month when the bank closures began, the crisis was far from over. Unrealized losses on securities held by FDIC-insured banks exceed $620 billion. That’s the amount of bank capital that would be wiped out if the banks were forced to sell those securities to meet demands from depositors who want their money back. That would cause additional bank failures and continue the panic that began in March indefinitely. Jim has written a lot lately about what he calls Biden Bucks. That’s his term for the central bank digital currency (CBDC) the government is currently preparing. What does this banking crisis have to do with Biden Bucks? Well, plenty, as it turns out. In fact, the government could get desperate and want you to surrender your gold in order to prop up their Biden Bucks surveillance system. Here’s why we have to make sure that doesn’t work… [⇒ Read More Here]( [read more...]( Politics: Ray Blanco – China Scoops Up America’s Solar Fumble America is doing its best to pave the way for an alternative-energy revolution. However, there’s one big problem. Wherever we look, the trail we’re trying to blaze seems to already be paved. While America is trying to loosen China’s grip on this critical market, it will likely be two years (or more) before we see the US begin to strip China of its dominance. Here’s what you need to know… [⇒ Read More Here]( [read more...]( Retirement: James Altucher – The Banker Who Beats Bidenomics Jim Simons' Medallion Fund has blown Warren Buffet, George Soros, Carl Icahn, and every other investor out of the water — and many people have never even heard of it. If you’d thrown down $100 on Medallion back when it launched in '88 and held on tight until 2018, you’d be sitting pretty with $398.7 million. And it never once once posted a negative return in its 31-year run, not even during the dot-com crash or the financial crisis. Usually, when you get higher returns on your investments, it's because you're taking on more risk. But that's not the case with Medallion - their risk level was actually lower than normal. Now, we don’t profess to be able to mimic their returns. But we do think we’ve discovered one of the financial world’s next best things. We want to introduce you to one of the ONLY men in America who is beating Bidenomics hand-over-fist… “The Banker”. He’s a man not falling victim to inflation or a crashing market. In 2022, while other hedge funds lost $200 billion... The Banker's model portfolio grew by an astounding 190%... Completely dominating hedge fund titans like Ray Dalio, David Tepper and even Ken Griffin (the man known for buying $238 million dollar penthouses.) He’s agreed to teach you his strategy – one that allows him to close income-generating trades in 10 days or less. ‘The Banker’ is sitting comfortably. And, unlike the folks at Medallion, he’s willing to spill the beans. [>>Click Here to Learn More<<]( [read more...]( Markets: Greg Guenthner – How to Trigger a Bank Crash Sometimes, the downfalls can be lightning fast. But most of the time, a company will gradually deteriorate and the stock will begin to slowly trend lower. Sellers are orderly at first. But if things start to fall apart, the real crash will happen quickly. Still, speculators love to gamble on potential snapbacks in stocks like the most recent failed bank. They even bought shares ahead of last week’s earnings announcement! Don’t be like them. Leave the banks alone – and all the other stocks struggling in downtrends right now. Here’s where you really should be looking… [⇒ Read More Here]( [read more...]( America: Jim Rickards – Fed’s Looking in Wrong Direction What’s the situation with the economy? The short answer is not good. There are literally hundreds of economic indicators and it’s important to know which ones are leading… and which are lagging. For reasons that are not clear, the Federal Reserve is obsessed with lagging indicators. This partly explains why they always get policy wrong. They tighten monetary policy after recessions have already begun, making the recession worse. They ease monetary policy when booms are underway, making asset bubbles bigger. Here’s what they’re getting completely wrong this time… [⇒ Read More Here]( That’s all for today, we’ll be back tomorrow morning with more of our top articles. 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