One of Wall Street’s most bearish skeptics told Business Insider last month that he thinks the “worst market crash since 1929” is coming.
Mark Spitznagel, chief investment officer of Universa Investments, is known for being a “permabear” when it comes to the stock market outlook.
Spitznagel told Bloomberg in an earlier interview that we’re witnessing the “greatest credit bubble in human history.”
Spitznagel’s main advice to everyday investors is not to chase the market, but rather to build a portfolio that can withstand the impact if the market crashes.If you share Spitznagel’s incredibly bearish view on the state of the U.S. economy, here’s how you can prepare your portfolio.In an interview with New York Magazine’s Intelligencer last year,Spitznagel likened the Fed’s “constant monetary intervention” to forest fire suppression.He went on to say “when you suppress it enough, it gets to a point where you can no longer afford to have any fires […]
Read the Whole Article From the Source: endtimeheadlines.org
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
