Discern Report is the fastest growing America First news aggregator in the nation.
One of the biggest economic shifts from one United States president to another happened in 1981. The incredibly horrible economic policies of Jimmy Carter were rapidly reversed by Ronald Reagan. What followed was the most prosperous individual decade in history as our fortunes reversed, seemingly overnight. Today, we’re facing the opposite shift as we’re going from the man who delivered the strongest economy in the history of the world to a man who is determined to wreck it in a matter of weeks.
You’re probably already seeing the changes in prices at grocery stores, gas stations, and common services. Even before the monstrous $1.9 trillion “relief” bill is official, the economic turmoil that was finally starting to subside in the final months under President Trump are ramping back up again. What’s worse is that anything bad that happens in the economy will be blamed on President Trump and Covid-19 while anything positive will be positioned by the press as 100% due to President Biden.
Unfortunately, we shouldn’t expect a whole lot of positives to debate about. The stock market continues to perform well, but everyone in the know on Wall Street is on edge with the understanding that this is the biggest investment bubble since 2008, perhaps bigger. The bottom could fall out at any time. To be clear, I’m not one of those financial fearmongers who sees economic collapse around every corner. Even as stocks plummeted at the height of the lockdowns, I was confident they would bounce back and they did. This is difference. I’m legitimately concerned about 401Ks, inflation, and the collapse of the U.S. Dollar.
This is why I’m looking very seriously at two arenas: Precious metals and cryptocurrencies. As an obligatory disclaimer, I am NOT a financial advisor, economist, accountant, hedge fund manager, or prophet. The best part about ordering from Doordash is that it calculates the tip for me so I don’t have to embarrass myself at the restaurant. But I read. I read a whole lot. And I have a penchant for reading tea leaves regardless of whether they’re economic, political, or cultural. Right now, it doesn’t take a fiscal guru to realize that the economy is on shaky ground.
Precious metals and cryptocurrencies are very interesting for different reasons. Gold and silver in particular have always been used as a hedge against inflation. When the Dollar goes down, gold and silver tend to go up. When stocks go down, many investors lean on the security of precious metals to stabilize their portfolios. These things aren’t new. What’s new is the uncertainty in a market that seems to be morphing from bear to bull and back again in a matter of days.
Cryptocurrencies offer a different type of “security.” I had to use scare-quotes around “security” because there’s really nothing secure about the most volatile market out there. Huge gains and massive losses are the norm in cryptocurrencies which is one of the reasons they aren’t being adopted more. Yet. There’s also a technological barrier that doesn’t exist in most other markets, but that’s quickly fading as well.
What makes cryptocurrencies so interesting is that they also bet against the Dollar. It’s not as direct of a correlation as there is with precious metals, but the connection is there nonetheless. Fortunes are made and lost in minutes. Cryptocurrencies are not for the feeble. And while there is a push to pretend like they’re not similar to betting at a casino, they really are. Where precious metals have stability, cryptocurrencies have none. Nevertheless, the uncertainty surrounding the Biden economy makes it a smart move to dabble in cryptos. I would never recommend investing anything you aren’t willing to lose in a second. When I go to Las Vegas, I only go with money that I can live without. Any other strategy is foolhardy.
In the latest episode of NOQ Report, I explored these concepts more thoroughly. I also had an excellent conversation with Jack Hanney, someone who knows a thing or two about precious metals and investments. Hanney has been in the financial markets for 20+ years and is widely considered as an expert in his field. He studied under William O’Neill, one of the most successful investors in history. He is now a senior partner at Patriot Gold Group.
I’m not a financial advisor. Not even close. But it seems clear that as Joe Biden and Democrats set forth to wreck the economy through Modern Monetary Theory, precious metals and cryptocurrencies seem to be smart plays right now.
COVID-19 lockdowns are taking down an independent news outlet
Nobody said running a media site would be easy. We could use some help keeping this site afloat.
Colleagues have called me the worst fundraiser ever. My skills are squarely rooted on the journalistic side of running a news outlet. Paying the bills has never been my forte, but we’ve survived. We have ads on the site that help, but since the site’s inception this has been a labor of love that otherwise doesn’t bring in the level of revenue necessary to justify it.
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When I left a nice, corporate career in 2017, I did so knowing I wouldn’t make nearly as much money. But what we do at NOQ Report to deliver the truth and fight the progressive mainstream media narrative that has plagued this nation is too important for me to sacrifice it for the sake of wealth. We know we’ll never make a ton of money this way, and we’re okay with that.
Things have become harder with the coronavirus lockdowns. Both ad money and donations that have kept us afloat for a while have dropped dramatically. We thought we could weather the storm, but the resurgence of lockdowns that mainstream media and Democrats are pushing has put our prospects in jeopardy. In short, we are now in desperate need of financial assistance.
The best way NOQ Report readers can help is to donate. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal as well. We need approximately $17,300 to stay afloat through March when we hope the economy will be more open, but more would be wonderful and any amount that brings us closer to our goal is greatly appreciated.
The second way to help is to become a partner. We’ve strongly considered seeking angel investors in the past but because we were paying the bills, it didn’t seem necessary. Now, we’re struggling to pay the bills. This shouldn’t be the case as our traffic the last year has been going up dramatically. June, 2018, we had 11,678 visitors. A year later in June, 2019, we were up to 116,194. In June, 2020, we had 614,192. In November, 2020, we hit 1.2 million visitors.
We’re heading in the right direction and we believe we’re ready talk to patriotic investors who want to not only “get in on the action” but more importantly who want to help America hear the truth. Interested investors should contact me directly with the contact button above.
As the world spirals towards radical progressivism, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report going.
American Conservative Movement
Join fellow patriots as we form a grassroots movement to advance the cause of conservatism. The coronavirus crisis has prompted many, even some conservatives, to promote authoritarianism. It’s understandable to some extent now, but it must not be allowed to embed itself in American life. We currently have 11,000+ patriots with us in a very short time. If you are interested, please join us to receive updates.
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