Categories:
General Market Commentary
Topics:
General Market Commentary
Things Would Get Better If More People Did This
by Nick Hodge
For anyone who thought the end of a year meant the flipping of a switch for the end of political turmoil or the end of the virus or the end of asset inflation…
None of that has come to pass.
The US Capitol has been raided. There is a strong resurgence of virus cases and related lockdowns. And many asset classes continue to inflate rapidly.
Gerardo and I have been writing to you about these things on a weekly basis.
If you’re going to destroy the currency… If the printing press is going to continue to go “brrrrr”... If you’re going to send people $600 and $2,000 checks and unscrupulously give out PPP loans…
That money supply is going to find its way elsewhere, into other assets.
It’s how Bitcoin gets to $40,000 so quickly.
It’s how stocks continue making new all-time record highs despite terrible earnings and jobs numbers.
It’s how copper gets to eight-year highs.
It’s a transfer of value from printed dollars to financial assets.
You want to be the guy that owns copper stocks. Not the guy stealing copper to sell at the local scrapyard to buy booze with devalued dollars.
Not understanding this relationship between what the government and Federal Reserve are doing and how it makes your dollars worth less — not worthless, yet — is a good way to find yourself dollarless.
Maybe even homeless. Have you seen the street corners lately?
The shelters are overflowing and so are refinance applications.
I don’t mean to be callous.
But it’s not my system to fix. My responsibility is to myself, my family, and my immediate community circle. That includes you.
This simple indicator reveals where we are in that cycle — and what to do right now...
“The system” would improve drastically if more people took that responsibility seriously.
The best way I’ve found to be responsible is to ensure financial security amid what were interesting times long before COVID.
The record debt and dying dollar were already a plague.
We were already in a stock bubble.
The US was already headed headlong into a generational struggle for ethical direction and power that was already resulting in both farcical and violent political acts.
COVID wasn’t the cake, it was the icing.
And a new year is no magic wand.
So while Nancy and Mitch serve it up, make sure you’ve got your eye on what really matters.
It is going to be a bumpy few years of unemployment, recovery, and political turmoil.
Let’s continue to pad our accounts against it.
Starting this month, Gerardo and I are officially launching our financial publishing business — called Digest Publishing — entirely separate from Resource Stock Digest.
All our paid advisory and premium research services will be published through that company.
And our free market information — editorials, rants, ideas, and our podcast, Bizarro World — will be published at the brand new free e-letter Daily Profit Cycle.
You can get a sneak peek now.
But stay tuned for much more over the next few weeks!
Call it like you see it,
Nick Hodge,
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.
*Follow Nick on Twitter.