Gold Investing & Tips to Win the 2020 Recession

Be prepared! Investing in Gold today could yield enormous dividends. We'll look at Gold investing, some very scary upcoming economic trends, and how to prepare and even thrive in the upcoming recession.
Very serious topic today and whether you invest in gold or metals or not, listen to this information as what could happen in the near future will greatly impact you and your family.
In October 19th 1987 the US suffered the worst market crash in history dropping 23% in just a few hours.. All around the world markets dropped by similar amounts about 10% of global GDP wiped off the map. The very next day the fed announced they would step in, and the following week they cut interest rates by half a point.
They did the same thing this week. But here is the difference, back in 1987 rates were over 7% so half a point cut is not a big deal. Last week the rate went from 1.75 to 1 to 1.25%. Now dropping interest rates is one of the primary tools available to counter recessions. When you drop rates, people borrow more money, economy speeds up. Pretty basic premise. But we haven't even officially entered a recession and we are at one percent interest - what happens when we hit the recession? Where can you go from one percent or half percent interest rates? The answer is negative interest rates. Minus 1%, minus 2%, Many people still have not aware of this actual scenario but this is bizarro world, where you pay the bank for the privilege of holding your money, instead of them paying you. If you think that is crazy check this out.
Negative interest rates are already here in other countries. Most bonds in Europe and japan, and about 30% of all investment grade debt worldwide carries negative yields already. Countries had no other choice than to instate this crazy scenario and it has not resulted in the desired outcomes. Now US policymakers dont want to go to negative interest, in fact, because of the connection with the derivatives market which is a trillion dollar house of cards itself, to do so would be catastrophic. Now keep in mind despite that risk, President Trump has suggested the fed should drop interest rates into the negatives, this is so the US government can refinance it's 23 trillion dollar debt. Yes every taxpayer in the USA officially owes about $189,000 of this ever growing debt. And it's not just the USA it is around the globe.
Beyond the stock market we have other economic landmines like the student loan debt, second now only to mortgages as the highest consumer loan category, 45 million people hold 1.6 trillion in debt. 101 billion dollars from 5.1 million borrowers already in default. so 5.1 million people 1 year behind in payments. And that is how many are defaulting in a great economy what happens when the economy slows down? We also have the sub-prime car loans bubble, an inverted yield curve, which has with 100% accuracy always predicted recessions, massive derivatives bubble that some people suggest is globally over 1 quadrillion dollars, and this is horrifying, if you aren't aware of the derivatives issue Ill post a link at the ed of the video, we also have the collapse of retail, almost 10,000 retail stores closed last year, quantitative easing ie: printing money, we have election uncertainty, and of course, now on top of it all ....pandemics.
So while silver didn't do well in recessions, and gold did just OK, it definitely makes sense to have some on hand. If you set aside a few dollars every week and add to your stack you may one day be happy that you did. Most people are spending money on fancy coffee and entertainment every day like the economy will last forever,but what if it doesnt? Buying gold & silver is easy, there are many reputable online providers like Kitco, goldsilver.com, bullionvault.com.
In addition to gold there are many ways to insulate yourself from this economic downturn. Start a side hustle. If you have little to no money you can start a Youtube Channel, write a book, start a blog, become an affiliate. We live in the greatest time in history to make money. Even in recessions people still buy books, they watch video, they buy things. In fact in many recessions consumption of entertainment goes up, because people need entertainment to help them forget about how bad everything is. We just uploaded a video on side hustles and good business ideas in a recession, Ill post the link at the end of the video.
Start or buy a business. The best way to protect your job in a recession is to be the boss. People think its crazy to start a business before or during a recession. Recessions are a great time to be in business we cover that in the next video.

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