Dear Reader,
Over the holidays, the U.S. saw its strongest performance since 2006!
But what’s revealing is what led the $700 billion in sales last year during the holiday season:
1. Building materials and supply stores (8.1% growth)
2. Furniture (7.5% growth)
3. Electronics (6.7% growth)
Building supplies, new sofas, and TVs are signs of a NEW boom happening in the U.S.
This is at a time when all of the central bank emergency measures are still in place, making for a rip higher in the economy, but this will all ultimately lead to a very unsustainable situation in 5 to 10 years.
In our analysis, 2018 is going to be the year both the economy and inflation experience a breakout to the upside!
The U.S. Treasury Department reported that 90% of paychecks will see more in take-home pay over the next 30 days as a result of the historic tax cut.
For a worker earning the national median income of about $60,000, the net savings is $112 per month, or $1,344 per year.
Considering the average American has almost nothing saved, this extra pay is going straight into consumption, which will further add to the gains the economy has been making in the past year.
We suggest taking the extra money and saving it all through physical gold, cash in the bank, Litecoin, setting up a cash value whole life insurance policy, or investing into one of our income-producing FinTech recommendations, like FundRise.com or PeerStreet.com.
Enjoy the booming economy and the complete melt-up we are going to see in assets across the board, especially the commodities.
Earlier this month, we stated that $1,400 gold (and possibly even $1,600) were baked in the cake for 2018… I’ve never been so certain about a price prediction.
Expect the gold market to run higher in 2018. Remember that it was actually up 13% last year, but the sentiment was just horrible. This year, we expect the mood to change. When that happens in the second quarter of this year and institutional money starts to pour in, some of these gold stocks we’re suggesting could go vertical.
Always keep in mind that with the precious metals sector, it’s tiny, so it won’t take much to move these stocks 2 to 3x just off of an increase in volume.
Have a great Sunday!
Expect great things this year (especially Thursday morning, as I’ll have a surprise for everyone).
Best Regards,
Daniel Ameduri