Month: May 2020

The bloated budget of the U.S. is only going to be getting larger. And that means the Powers That Be will be seeking out new sources of capital.

Those sources?  ANYONE who has money lying around.

Let me explain…

The U.S. was already deep in debt before the economic shutdown triggered a depression. Government Debt to GDP was 106%, while total debt securities in the financial system relative to GDP was well over 400% of GDP.

Then the COVID-19 panic hit, and the U.S. economy was put on lockdown. Regardless of whether or not this move was justified, the end result from an economic and fiscal perspective is:

1)    Over 36 million Americans are now unemployed and receiving unemployment benefits.

2)    Tax revenues have collapsed bringing near-insolvent states (CA, NY, IL) to the brink of disaster.

The U.S. is dealing with this situation by throwing trillions of dollars at these issues.

From a monetary standpoint, the Federal Reserve has printed over $2.7 trillion since the end of February. Over the same time period, the federal government has performed a $2 trillion stimulus program. It is now voting on whether to implement another $3 trillion stimulus program.

Will this be enough?

Not likely.

A study from the University of Chicago has revealed that 68% of unemployed Americans are receiving MORE money from unemployment than they were receiving from their former jobs. In fact, the median replacement rate is 134%, meaning they are making 34% MORE money from being unemployed than they were from working.

What incentive, if any, will there be for these people to return to work when the economy reopens? If you can make more money from NOT working… why would you want to start working again?

My point with all of the above is that the U.S. is now facing the very real possibility that it will need to continue to finance trillions in unemployment benefits for much longer than was previously believed.

The debt markets will pick up much of the slack here, but at some point the political class will start looking for new sources of capital. 

That source will be you, me and everyone else.

The plan behind this has been in place since 2011. Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

Did you know the IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

You can pick up a FREE copy at:

http://phoenixcapitalmarketing.com/GWG.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The bloated budget of the U.S. is only going to be getting larger. And that means the Powers That Be will be seeking out new sources of capital.

Those sources?  ANYONE who has money lying around.

Let me explain…

The U.S. was already deep in debt before the economic shutdown triggered a depression. Government Debt to GDP was 106%, while total debt securities in the financial system relative to GDP was well over 400% of GDP.

Then the COVID-19 panic hit, and the U.S. economy was put on lockdown. Regardless of whether or not this move was justified, the end result from an economic and fiscal perspective is:

1)    Over 36 million Americans are now unemployed and receiving unemployment benefits.

2)    Tax revenues have collapsed bringing near-insolvent states (CA, NY, IL) to the brink of disaster.

The U.S. is dealing with this situation by throwing trillions of dollars at these issues.

From a monetary standpoint, the Federal Reserve has printed over $2.7 trillion since the end of February. Over the same time period, the federal government has performed a $2 trillion stimulus program. It is now voting on whether to implement another $3 trillion stimulus program.

Will this be enough?

Not likely.

A study from the University of Chicago has revealed that 68% of unemployed Americans are receiving MORE money from unemployment than they were receiving from their former jobs. In fact, the median replacement rate is 134%, meaning they are making 34% MORE money from being unemployed than they were from working.

What incentive, if any, will there be for these people to return to work when the economy reopens? If you can make more money from NOT working… why would you want to start working again?

My point with all of the above is that the U.S. is now facing the very real possibility that it will need to continue to finance trillions in unemployment benefits for much longer than was previously believed.

The debt markets will pick up much of the slack here, but at some point the political class will start looking for new sources of capital. 

That source will be you, me and everyone else.

The plan behind this has been in place since 2011. Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

Did you know the IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

You can pick up a FREE copy at:

http://phoenixcapitalmarketing.com/GWG.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The bloated budget of the U.S. is only going to be getting larger. And that means the Powers That Be will be seeking out new sources of capital.

Those sources?  ANYONE who has money lying around.

Let me explain…

The U.S. was already deep in debt before the economic shutdown triggered a depression. Government Debt to GDP was 106%, while total debt securities in the financial system relative to GDP was well over 400% of GDP.

Then the COVID-19 panic hit, and the U.S. economy was put on lockdown. Regardless of whether or not this move was justified, the end result from an economic and fiscal perspective is:

1)    Over 36 million Americans are now unemployed and receiving unemployment benefits.

2)    Tax revenues have collapsed bringing near-insolvent states (CA, NY, IL) to the brink of disaster.

The U.S. is dealing with this situation by throwing trillions of dollars at these issues.

From a monetary standpoint, the Federal Reserve has printed over $2.7 trillion since the end of February. Over the same time period, the federal government has performed a $2 trillion stimulus program. It is now voting on whether to implement another $3 trillion stimulus program.

Will this be enough?

Not likely.

A study from the University of Chicago has revealed that 68% of unemployed Americans are receiving MORE money from unemployment than they were receiving from their former jobs. In fact, the median replacement rate is 134%, meaning they are making 34% MORE money from being unemployed than they were from working.

What incentive, if any, will there be for these people to return to work when the economy reopens? If you can make more money from NOT working… why would you want to start working again?

My point with all of the above is that the U.S. is now facing the very real possibility that it will need to continue to finance trillions in unemployment benefits for much longer than was previously believed.

The debt markets will pick up much of the slack here, but at some point the political class will start looking for new sources of capital. 

That source will be you, me and everyone else.

The plan behind this has been in place since 2011. Elites knew well in advance that another crisis was coming, and they put in place legislation that would allow them to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

Did you know the IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

You can pick up a FREE copy at:

http://phoenixcapitalmarketing.com/GWG.html

Best RegardsParagraph

Graham Summers

Chief Market Strategist

Phoenix Capital Research

As exciting as the stock market action appears to be on a day to day basis, the reality is that the market have been trading in a range for the better part of a month. The S&P 500 continues to struggle at the 61.8% retracement of its March meltdown.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

There are three slots remaining for this offer… don’t miss it.

CLICK HERE NOW!!! 

———————————————————–

While stocks continue to tread water, precious metals have begun exploding higher. Gold has already recouped all of its March losses. The precious metal has just broken out of a wedge formation to test overhead resistance at $1,775.

Silver is now playing catch up. The silver to gold ratio has reclaimed its trading channel as silver begins to DRAMATICALLY outperform gold. This trend will likely continue for the coming weeks.

Silver miners are performing even better than silver. The silver miner to silver ratio broken its downtrend (blue lines) as well as its consolidation phase (red lines). This is EXTREMELY bullish for this sector.

So, to recap, stocks are in a consolidation phase. Meanwhile precious metals are exploding higher. Gold is outperforming stocks, silver is outperforming gold, and silver miners are outperforming silver.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you (hint they’re all precious metals plays) as it rips through the financial system in the months ahead

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector.

We are making just 100 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The markets exploded higher yesterday, inducing short covering and panic buying.

Stocks appear to have finally broken above the 61.8% retracement of the March meltdown. This level is typically used to determine whether a post-meltdown move is simply a bear market bounce or the start of a new bull market.

However, we need to see some follow through for this to be a confirmed break. Again, it’s too early to determine if this rally is the start of a new bull market, or if it remains a bear market bounce.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

There are three slots remaining for this offer… don’t miss it.

CLICK HERE NOW!!! 

———————————————————–

While stocks remain in a kind of limbo, precious metals, particularly gold, have ERUPTED higher. 

Unlike stocks, gold has already recouped ALL of its March losses and is now approaching its all-time highs in $USD.

Even more importantly, this move is occurring in every major currency: dollars, yen, euros and francs.

This is a signal that precious metals are now in a MAJOR bull market. And why wouldn’t they? Central banks have made it clear that they are going to print trillions in their respective currencies to combat the depression triggered by the COVID-19 shutdown.

Historically, gold has been an excellent hedge against currency devaluation. As such, it remains one of the key sectors to invest in going forward.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you (hint they’re all precious metals plays) as it rips through the financial system in the months ahead

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector.

We are making just 100 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The markets exploded higher yesterday, inducing short covering and panic buying.

Stocks appear to have finally broken above the 61.8% retracement of the March meltdown. This level is typically used to determine whether a post-meltdown move is simply a bear market bounce or the start of a new bull market.

However, we need to see some follow through for this to be a confirmed break. Again, it’s too early to determine if this rally is the start of a new bull market, or if it remains a bear market bounce.

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

There are three slots remaining for this offer… don’t miss it.

CLICK HERE NOW!!! 

———————————————————–

While stocks remain in a kind of limbo, precious metals, particularly gold, have ERUPTED higher. 

Unlike stocks, gold has already recouped ALL of its March losses and is now approaching its all-time highs in $USD.

Even more importantly, this move is occurring in every major currency: dollars, yen, euros and francs.

This is a signal that precious metals are now in a MAJOR bull market. And why wouldn’t they? Central banks have made it clear that they are going to print trillions in their respective currencies to combat the depression triggered by the COVID-19 shutdown.

Historically, gold has been an excellent hedge against currency devaluation. As such, it remains one of the key sectors to invest in going forward.

On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you (hint they’re all precious metals plays) as it rips through the financial system in the months ahead

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector.

We are making just 100 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Stocks are exploding higher this morning.

As usual the financial media is looking for a reason for this move. The reason is that stocks had been consolidating for more than two weeks. Lengthy consolidations like this typically resolve themselves in explosive moves.

Indeed, as I noted last week, stocks had previously performed two periods of consolidation since the market bottomed March 23^rd 2020 (red squares in the chart below). As you can see, each one resolved in an explosive move higher. This third one is no different.

The latest breakout has stock rising to challenge the 61.8% retracement of the March meltdown (roughly the 2,930s).

What happens here is key.

Historically, if stocks are able to break above the 61.8% retracement and stay there, then the rally is no longer considered a bear market bounce but is instead the beginning of a new bull market.

This is the line everyone is watching today.

If stocks can break above this level and hold it, then it will trigger a major flow of new capital into the markets as traders and institutions take this to indicate this is the start of a new bull market.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Stocks are exploding higher this morning.

As usual the financial media is looking for a reason for this move. The reason is that stocks had been consolidating for more than two weeks. Lengthy consolidations like this typically resolve themselves in explosive moves.

Indeed, as I noted last week, stocks had previously performed two periods of consolidation since the market bottomed March 23^rd 2020 (red squares in the chart below). As you can see, each one resolved in an explosive move higher. This third one is no different.

The latest breakout has stock rising to challenge the 61.8% retracement of the March meltdown (roughly the 2,930s).

What happens here is key.

Historically, if stocks are able to break above the 61.8% retracement and stay there, then the rally is no longer considered a bear market bounce but is instead the beginning of a new bull market.

This is the line everyone is watching today.

If stocks can break above this level and hold it, then it will trigger a major flow of new capital into the markets as traders and institutions take this to indicate this is the start of a new bull market.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research