How to Survive “The Great Reset”

Infrastructure investment is clearly needed in the U.S. and around the world, but if the Biden administration is going to make good on his promise to “build back better,” it’s going to have to do a much better job of allocating capital efficiently towards that initiative.

Bloomberg reported that a recent study from the University of Oxford and the United Nations Environment Program (UNEP) showed that out of $14.6 trillion in spending announced by the 50 largest economies in 2020, only 2.5% has gone towards green initiatives.

The bulk of that spending came from just five countries.
 

The world economy shrank by just over 3% in 2020.

With the vaccination rollout gathering momentum and Covid restrictions easing, the lure to make up for a coordinated shutdown of the global economy with a coordinated counterfeiting money operation will be hard to resist for governments that have unsustainable balance sheets.

The market knows it. Copper knows it. Real estate knows it. And Beeple knows it.

Not familiar with Beeple? Or NFTs?

Nick’s been telling you about NFTs and inflation for months. (Make sure you sign up to Daily Profit Cycle to get his editorials.)

Non-fungible tokens (NFTs) are the latest speculative asset class where you can pay for digital ownership — recorded on a blockchain —  of a moment in time.

Once upon a time, in 2007, Beeple — real name Mike Winkelmann — decided he would post a new work of his digital art everyday for the rest of his life.

He then took the first 5,000 of those posts and compiled them in a piece called ”Everydays.”

Neat little art project huh?

           

That neat little project just sold at Christie’s for over $60 million, making it the most expensive NFT ever sold at auction.

There is a rush around the world to diversify away from fiat currencies into asset classes that will survive "The Great Reset".

I’m no crypto or NFT expert. My asset classes of choice are gold, junior resource equities and real estate.

It’s been that way for quite some time and will remain that way.

The asset classes you use to diversify away from fiat currencies can be whatever you want them to be.

But now is not the time — if you’re able — to do nothing.

Here’s one thing I’m doing.

Let's get it!
 

Gerardo Del Real
Editor, Resource Stock Digest
 

For the past decade, Gerardo Del Real has worked behind-the-scenes providing research, due diligence and advice to large institutional players, fund managers, newsletter writers and some of the most active high net worth investors in the resource space. Now, he is bringing his extensive experience to the public through Resource Stock Digest, Junior Resource Monthly, and Junior Resource Trader. For more about Gerardo, check out his editor page.

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