Have you considered some gold for Trump’s tariffs and a course correction? Because if you watched last night’s speech, it’s Trump time. Get your Trump watches first, then some gold.
Anyone holding up a paddle during Trump’s speech last night should exit the building and stay away. You’re not serious people. You’re the reason we’re in this mess. You were bought and paid for long ago. You stand for the wealth distribution of successful Americans in the name of DEI, ESG, and the Green Economy.
Clearly, you’re not on the side of voters looking to keep their families safe. It’s time to clean up city streets and kick the bums out. It’s time to Make America Great Again, not NAFTA. Anyone driving on Main Street, USA can see the jobs were shipped to China long ago in the name of globalism on a bipartisan level. That’s not investing in your family’s future.
When you look at the stock market, it’s good to see a course correction. It’s needed. You can’t have a Bull Market without a Bear. Stay tuned. And Nasdaq’s brief dip into correction territory intraday yesterday was not a surprise. Those dependent on prices aren’t investors, they’re speculators. They’re nervous. Look up the difference between the two here.
When you consider the uproar about protectionism or tariffs, maybe one should consider how elected leadership has destroyed your purchasing power. President Biden was a disaster. How do you think Kamala would have done? You can’t kick the can down the road forever.
Tariffs are like saving money. You do without today for your survival into the future.
Action Line: Work to save money. Invest to keep it. Simple. Hard to do. Email me at: ejsmith@yoursurvivalguy.com.
Watch President Trump’s speech below (Trump enters at about 10:30):
President Trump Addresses Joint Session of Congress, March 4, 2025 https://t.co/5NSLncn9nK
— The White House (@WhiteHouse) March 5, 2025
P.S. Here’s why you would consider some gold today. Since the convertibility of dollars into gold was ended in 1971, the value of the dollar has plummeted by over 87%.
And in gold terms, the value of a dollar has fared even worse. In 1971, the dollar was worth 1/43th of an ounce of gold. Today, it is only worth 1/2918th of an ounce of gold.
More recently, you have watched as gold has held up in value even when newer rivals like bitcoin have experienced high volatility. Look at the year-to-date performance of gold and bitcoin below.
