The One Chart Every One Must See...
The "Debasement Trade" is now all the rage... but we were there first...
Dear Fellow Traveler:
As you know, we focus our attention on the money sloshing around the world, momentum on the S&P 500, and insider buying.
By doing so, we’ve avoided every major downturn in the markets since we started using these measures in 2020…
But that’s not all we’ve done. We were way out in front of the hottest story to hit the markets last week.
JPMorgan has called it the “Debasement Trade” - the story of how the U.S. dollar and other fiat currencies are under deep pressure. This fiat debasement (which we’ve discussed at length) is roughly 6% to 8% per year, by my measure… and that’s on top of the 3% per year in inflation.
We gave our paid readers a report LAST MARCH called… The Hedge of Tomorrow…
In it, we recommended gold at $2,100, Bitcoin at $60,000, and silver at $25…
It’s great that JPMorgan is getting the credit…
Here’s what’s wild about this Debasement trade since the COVID crash…
If you measure performance in gold, things change drastically, especially our perceptions.
The Nasdaq is up 165% in dollars but only 7% in gold.
The S&P gained 102% in US dollars, but lost 18% in real money.
The average house?
Up 56% in dollars, but down 37% in gold.
This is the Fed’s masterpiece... making you feel rich while making you poorer.
This is also why we write the Capital Wave Report - and provide commentary each day in Me and the Money Printer (and once a week on the Insider Buying Report.)
I know you’re not a member - but I do rely on readers to help us build our publications, while providing them with a worldview and insight that is well ahead of Wall Street…
If you’re interested in joining… I’ll make it easy for you…
I’ve cut my annual subscription and monthly price by 50%…
And you can lock in that price… every year… forever…
Click the link… and you’ll soon get insights on our latest long-term strategy that will tackle continued debasement and ongoing liquidity surges in the years ahead…
Stay positive,
Garrett Baldwin