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SPONSORED MESSAGE The following message is from our sponsor, Lear Capital. Views expressed here do not necessarily reflect those of Glenn Beck or Mercury Radio Arts, Inc. THE U.S. ECONOMY IS AT “THE CRASH POINT” Do your research and learn how to protect your hard-earned savings today If you jump off a tall building and flap your arms, you may actually think you are flying. The view is great, you may even see other birds flying with you and everyone is watching in amazement. You’ve done it. You have fulfilled your fantasy of being able to fly. You’re free as a bird. And then? …….. NOTHING! That is precisely where our economy is today. It appears to be flying high and then? ………! And one indicator has been 100% accurate over the last 50 years in predicting what happens next to the economy. Pay attention! You may hear the economy is strong, but here are some facts: 65% of consumers live paycheck to paycheck Auto Loan delinquencies are rising Credit card debt is up 10% year over year and, delinquencies are rising 60% of consumers can’t afford an emergency expense of $400 Major retailers are closing stores; Walmart, Bed Bath and Beyond, CVS, Best Buy, Macy’s and more Bankruptcies have surged 18% Amazon, UPS and Fedex laying off tens of thousands of workersStill skeptical? I mean reports tell us the economy is booming. What do you believe? If you don’t want to believe what’s actually happening in the economy and would rather believe “reports,” why don’t we look at some financial facts. “Economic Indicators”, if you will. What does history tell us about the real state of our economy? What does history tell us about gold when the economy goes into recession? ▻ Protect your savings. CLICK HERE to get your FREE Gold Investment Kit from Lear Capital Imminent Recession Anyone who has ever borrowed money knows you typically pay more interest on longer term loans than you do on short term. In the case of mortgages, a 30-year mortgage is obtained at a higher rate than a 20-year. And a 20-year is secured at a higher rate than a 15-year. In the case of the yield curve, that metric has flipped. Shorter term treasuries are yielding a higher rate than long term. This indicator has been refuted by some of the higher-ups, saying it’s not accurate. But, that doesn’t change history. Let’s have a look. You can decide for yourself.
As you see, the yield curve inversion started in November 2022. From the chart above we see that the longest time elapsed between the beginning of the yield curve inversion and a subsequent recession is 16 months. If history is any indicator, that means a recession is due in March 2024. And on average the S&P 500 drops 34.5% during those recessions. Perhaps this is why central banks are buying record amounts of gold. Glenn Beck – “I trust Lear Capital and am happy to recommend them.” There is nothing saying March is the absolute deadline for another recession. However, most believe another recession is imminent. The Road to $3200 Gold Jamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history – and experts say it could cost Americans their homes, spending power and national security. Today the “Crash Point Indicator” points us to $3200 gold. That’s about 50% higher than we are today. If debt and deficits accelerate higher, the $3200 gold price could also skyrocket. There are many other factors that could skyrocket the gold price. Some experts predict $5,000 or higher. Again, just one more reason Central Banks are buying record amounts of gold. So what will it be for you? A dramatic downward correction for stocks, or, owning gold which is projected to rise well above potential stock losses? Learn More Call 1-800-920-8371 or CLICK HERE for FREE information
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