The world is under pressure right now, and the oligarchs are facing a real uprising from the people. Some cities are literally seeing street gangs take robbery to the next level. Over the weekend in Oakland, California, a story came out that, to date, was something we only saw in movies.
40 to 60 criminals swarmed an Oakland train station and commandeered a train car, forcing passengers to hand over bags and cell phones and leaving at least two with head injuries.
It’s why our friend Doug Casey told us in 2012 to “make as much money as you can as fast as you can, because the U.S. is like a pressure cooker ready to explode.”
Or Gerald Celente, who warned us last year that many parts of the U.S., like California, are like a collapsing 3rd-world country.
To add to the stress, robots and government regulations are killing jobs.
Over the weekend, we shared some new data showing that 65% of Americans are losing sleep over financial issues. Even the prudent and wise investors are still subject to the daily, manipulative attacks from central planners and hedge fund algorithms.
As I said in 2008 when I 100% called the housing crisis and collapse of Lehman and the markets, there is nothing worse than being right and losing money! I was dead right about it all, but I tried to flip 8 houses that year in order to rush a few more hefty profits in and it all turned into a disaster.
It’s one of the reasons why I avoid time-sensitive investments now. It’s better to look for inevitable trends or cash flow and then just wait.
As we predicted, the odds of a rate hike in June are surging, increasing our certainty that gold will indeed make new 52-week highs in the very early summer. Even as the gold cartel strikes it down, it’s holding up great due to underlying fundamentals and the bull market that began nearly 18 months ago.