Raking In Devalued Dollar Clams
by Nick Hodge
And most of the money in the just-passed $900 billion stimulus isn't even going to people who need it. It’s going to corporations.
The federal government has now spent more than $3 trillion to combat the effects of the stimulus.
Oh, and the Federal Reserve now owns $6.6 trillion in securities.
It’s an orgy of money printing.
I paid $50 for a single geoduck for Christmas dinner!
It’s a direct result of a flaccid US dollar that put in new annual lows over the past week.
Talk about getting screwed.
The $600 most folks are about to receive can buy twelve clams.
It’s a raw deal any way you slice it.
Unless of course you own the assets that are inflating as the dollar deteriorates — gnawing away at that bulge in your pocket.
While too many families need that $600 — and much more — to put non-phallic food on the table this holiday season while prices soar… asset owners can simultaneously watch their accounts swell to new highs.
I told you about copper and Rio Tinto last week.
Bitcoin has run to over $24,000.
Stocks similarly can’t be stopped.
A few weeks ago I told you to stuff your turkey with inflation, outlining why I told premium members of my Foundational Profits letter to buy a rare earth SPAC called Fortress Value that would soon take over MP Materials and the Mountain Pass rare earth mine.
The stock was trading below $14.00 at the time. It has since soared to over $40.00 for a 200% return in less than a month.
That’s better than a government check.
Foundational Profits is Nick Hodge’s monthly newsletter for all investors.
Monthly issues track and comment on the performance of major global economies, currencies, and interest rates… and reveal how they influence stock and commodity prices.
Cyclical themes — trends — are identified and exploited for profit via highly-liquid companies and sector-themed funds listed on major exchanges.
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And now you have new narratives — and government dollars — coming into the market along with a new year and a new presidential administration.
Cleantech, electric vehicles, hydrogen, and now nuclear stocks are all seeing inflows. And so are the raw materials that make it all possible.
This stimulation, though, will eventually risk becoming over-stimulation. Just be careful not to pull out too early.
When it finally goes the other way, the clams will be cheaper... but we’ll have one heck of a mess on our hands.
Enjoy a light holiday week and expect more changes around here in the new year as we look to bring you new ways to profit and protect yourself in these fast-moving markets.
Call it like you see it,
Publisher, Resource Stock Digest
Nick Hodge is the co-owner and publisher of Resource Stock Digest. He's also the founder and editor of Hodge Family Office, Family Office Advantage, and Foundational Profits . He specializes in private placements and speculations in early stage ventures, and has raised tens of millions of dollars of investment capital for resource, energy, cannabis, and medical technology companies. Co-author of two best-selling investment books, including Energy for Dummies, his insights have been shared on news programs and in magazines and newspapers around the world.
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