Your Survival Guy

Preparing your investments and family for when disaster strikes.

Disclosure

RAGE Gauge: The Roar of the Silent Majority

By

You heard the silent majority speaking loud and clear in November’s presidential election, and now the results are in. For the first time in 3-years there was a decline in year-over-year background checks for pistols—a barometer for sales—and a 29% decline from the same month last year. Isn’t it amazing what a president can do to the psyche of a nation?

But a populist in the White House won’t be cheap and that’s reflected in the 5% surge last month in gold prices as the market anticipates higher inflation down the road. How much higher? Populism can be expensive.

If You’re Serious, Sign Up for My Email. But Only If You’re Serious.

Continue to invest with caution. Even in a best case scenario the new administration begins with stocks close to nosebleed prices (see chart below). Remember this will be a polar night for many investors. Don’t let the lights go out on your portfolio.

The following two tabs change content below.
My Twitter profileMy Facebook profileMy Instagram profile

E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.