gold news

 Gold went up $87 last I looked today and silver also of course is flying overall over time. Silver will outperform gold and silver mining companies and gold mining companies are going to outperform anything that you're talking about just like they have all year so far more than real estate more than cryptocurrencies more than stocks nonp precious metal stocks. And we have been talking about this for so long and it's been gold just increasing in price this whole time and people thinking they're missing the

boat, missing the boat the whole way up to the top. Now, here's the big spoiler alert. I'm going to give you a gift of telling you what is going to happen with the economy next. It will be deleveraging. That simply means getting debt levels down. So, everybody owes on their mortgage, their car loan, their stock market investments. You're trading on margin. There's going to be a period and it'll be painful and people will lose a lot of money, but we will be deleveraging just like Japan did. This

is a situation that is just emerging now and we're going to start deleveraging pretty heavily. It's going to be ugly and at the end of it things will be healthier and stronger. What's important is during the deleveraging a lot of people will get wiped out then. So you want to be set up now so that you let the deleveraging wipe out everybody else and then you step in once it's run its course. But the point is when the deleveraging kicks in, that's really when the screws from the recession

tighten up and it really affects you and everything starts to happen at once. We're going to go through this crash slowly at first and then really rapidly.