1971 to 1980 the gold price went from $35 to $800 which is 22x the starting level. In the 2000 example gold went from $260 to 1,900 or 7x the starting level. This bull market began at $1,050 in December 2015. We are up to $2,300 or over 2x the starting level. With the severe monetary dysfunction that we have outlined above we see no reason why the endpoint of this bull market could not be a similar multiple. Even if we do not get to 22x or 7x as in previous bull markets, we will achieve outstanding fund performance even if gold only gets to $3,000 per ounce.
THE COST OF THE AMERICAN DREAM HAS EXPLODED.
Owning a home.
Buying groceries.
Driving to work.
Paying insurance.
Even your morning coffee.
Nearly every major household expense costs dramatically more than it did just a few years ago.
Over the last 7 years:
• Coffee: +127%
• Home prices: +60%
• Auto insurance: +51%
• Gasoline: +49%
• Electricity: +44%
• Shelter: +35%
• Groceries: +33%
And that's before paying for healthcare, transportation, or eating out.
This is why so many families feel like they're falling behind even when they get a raise.
The biggest financial problem for millions of Americans is that everything is going up at the same time, while the government keeps showing a 2% inflation target.
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Biohacker Bryan Johnson claimed he cloned himself as a newborn for the purpose of providing him blood and cells.