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Monday, June 27, 2016
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Wayne Allyn Root – Brexit and Trump, Perfect Together
from Financial Survival Network
Wayne Allyn Root joined us today for a post-Brexit recap. Wayne’s new book Angry White Men is due out in just a couple of months and it’s already hit the top of the Amazon charts. Wayne has been all over Fox News lately. We talked about Trump’s recent speech, his support for Brexit and freedom loving people around the world and the sudden departure of Trump Campaign Manager Corey Lewandowski. And interesting take on things as usual.
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from Kerry Lutz Podcasts – Financial Survival Network http://ift.tt/29ibjOh
Is This Epicenter Of Serious Trouble About To Send Shockwaves Across The World?
In the aftermath of the stunning Brexit vote and subsequent global chaos, is this epicenter of serious trouble about the send shockwaves across the world?
The post Is This Epicenter Of Serious Trouble About To Send Shockwaves Across The World? appeared first on King World News.
from King World News http://ift.tt/296bwrH
How My Personal Portfolio Is Positioned Right Now
Executive Summary
If you have not yet read Part 1: Fortunes Will Be Made & Lost When Capital Flees To Safety available free to all readers, please click here to read it first.
So, given the conclusions in Part 1 -- as well as the larger risks to the economy and financial markets that we analyze daily here at Peak Prosperity -- how am I positioning my own personal investments?
I get asked this question often. Often enough that I'm deciding to open the kimono here and let it drop to the ground. Everyone interested to look will get the full frontal.
Before I do though, let me make a few things absolutely clear. This is NOT personal financial advice. The investment choices I've made are based on my own unique situation, financial goals and risk tolerance. And I may change these choices at any moment given new market developments. What's appropriate for me may not be for you, so DO NOT blindly duplicate what I'm doing.
As always, we recommend working with a professional financial adviser to build an investment plan customized to your own needs and objectives. (If you do not have a financial adviser or do not feel comfortable with your current adviser's expertise in the market risks we discuss here at PeakProsperity.com, consider scheduling a free consultation with our endorsed adviser)
Suffice it to say, any investment ideas sparked by this report should be reviewed with your financial adviser before taking any action. Am I being excessively repetitive here in order to drive this point home? Good...
OK, with that out of the way, let's get started. I'll walk through the asset classes I own and my rationale for holding each.
The strategy behind my portfolio allocation is of my own devise, though it has been influenced in no small part by the good folks at New Harbor Financial, Peak Prosperity's aforementioned endorsed financial adviser.
At a high level, it has been constructed to address my strongly-held conclusions that:
- Prices of most asset classes are dangerously overvalued
- The risk of another economic contraction on par with (or greater than) the Great Recession within the next 2-4 years is uncomfortably high
- The most likely path is we will experience a short period of coming deflation, followed soon after by one of high inflation as central banks starting printing currency without restraint (the Ka-POOM theory)
- Capital will increasingly want to flow from paper assets (tertiary wealth) into tangible ones (primary and secondary wealth)
- This is a time to prioritize protecting capital (defense) over speculating on how to grow it (offense)
- Diversification is wise: just be emotionally prepared that some of your bets, by definition, will not pay off
- In today's world of financial repression, no asset class is truly "safe". As such, asset performance is all relative.
This is not a swing-for-the-fences portfolio. It's much more of a prepare-for-the-storm approach...
from Peak Prosperity http://ift.tt/2962J7O
David Gurwitz – Brexit and the Long Way Down for Markets
from Cycle Economist
From The Desk of David Gurwitz: For new clients, we mentioned on CNBC in late 2014 that we would not see more than 5% upside in Equities until the big crash starting in 2017 At the time, the S&P Futures was trading around 2120 Although it reached that level a few times afterwards, we felt being long stocks was risky, and many stocks lost a big portion of their market capitalization We sent the study below as #2016 – 013 Charles Nenner Research Center – Summary of 5 Economic Indicator Forecasts and Some Thoughts on “Fundamentals” – Jan 24, 2016 Sunday It explains how cycles work We quote in part from that study: Late in 2014, based on our cycle work, we noticed instability in the markets For our new subscribers, we review our philosophy: Cycles predict the ways investors will react to the news and events – based on rigorous analysis and calculations of past patterns. We do not know these events, but they do not have to happen for the effect to occur – at cycle tops or bottoms For example, if the Fed only thinks about raising rates, it already has an effect At cycle tops, the media will bring up every negative detail they can come up with. At cycle bottoms, the opposite is true – the media will bring up every positive detail they can come up with. When President Reagan began serving in 1981, it seemed that he could do no wrong – and longer term equity market cycles were up from that point,. Therefore, we consider these cyclical and target patterns to be more fundamental than so-called “fundamentals”., The problem arises when long term investors decide – based on cycles – to leave the markets and short term investors take over.
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from Kerry Lutz Podcasts – Financial Survival Network http://ift.tt/299wvae
John Rubino – Of Course the Election Was Fair: Brexit Won!
from Financial Survival Network
John Rubino returns… The impossible of all impossible things has happened, Brexit won. Now for the blowback. Seems every problem in the world can now be traced back to the Brexit and the Elites like that just fine. Perhaps they’re out to teach the common folks a lesson; this is what happens when you exercise your fundamental rights, you screw everything up and you deserve to starve. Or perhaps we’re just imagining it. This is of course a hypothesis, backed up by nothing except speculation and gut feelings. So take it for what it’s worth, not much. But for now, it appears that the good guys have won.
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from Kerry Lutz Podcasts – Financial Survival Network http://ift.tt/299vYVP
James Turk – Global Market Turmoil Continues As This Greatest Danger Now Threatens The World
With major markets all over the globe on the move, today James Turk spoke with King World News about the the great danger that now threatens the world.
The post James Turk – Global Market Turmoil Continues As This Greatest Danger Now Threatens The World appeared first on King World News.
from King World News http://ift.tt/28Yh8DL