Important Silver & Gold Market Updates Thousand Oaks

New Record Highs…thanks President Biden!

 Since the beginning of the year, the US has had to face the mounting issues caused by this unprecedented pandemic. Gas prices have doubled (or more) and inflation is beginning to spiral out of control. Now, thousands of small businesses (and even many corporations that have yet to shut down are struggling to find enough workers to keep operating..

Despite all this, the US stock market…to be more specific, the S&P 500…has surged 37% since Nov. 3, 2020, capping off its best year following a US presidential election in history.

 

new records
Source: Bloomberg

 

 According to Bloomberg, Charles Schwab UK Managing Director Richard Flynn said the “everything rally” began following the vaccine rollout. But anybody who has been paying attention to markets for over the decades, ( especially since the start of the pandemic ), knows that vaccines probably have nothing to do with the US equity market’s performance. Now, professional money managers are finally admitting that the market’s performance has more to do with the “everything rally” than any specific policy decision

The real driver of the rally is…as it has been since the Fed launched its grand monetary experiment in the wake of the financial crisis…THE FED!

 

The Trillions and Trillions of dollars the Fed has added to circulation have had an impact…

fed balance sheet
However, in reality the state of the economy has only deteriorated since the 2020 election.
As the earlier chart shows, no other president has seen such money pumping during their first term.  Not too long ago President Trump had to literally bully Fed Chairman Jerome Powell to keep the taps running…

So…..when is the bubble going to pop?

Why wait and risk your wealth in a “frothy, over-exuberant market”?

 

Call us to learn how you can protect your wealth today with physical gold and silver like the banks are doing right now….before the bubble pops.