Dear Utopian Global Members,

With gold hitting record highs could this be your last chance to buy before the precious metal jumps out of your price range?

Could gold investors soon go into ‘panic buying’ mode, sending the price soaring…and forcing another supply shortage...while stocks plunge again?

Could we see a global sell off out of shares and into safe-haven assets like gold — just like we saw in 2008?

Gold has shot up in value more than 24% since last year, reaching all-time highs in early August, as private investors rushed out of stocks and into ‘safe-haven’ assets during the panic.

Silver has risen 40% since last year. As the common folk cleared supermarket shelves of toilet paper, the wealthy people piled up on gold and silver and dealers were being cleared of physical gold, in the form of bullion and coins.

Some dealers were charging 25% premiums and more over the spot price.

We did not! We always kept it at 3% for paid subscribed Affiliates and 8% for Customers.

Something weird going on in the markets. See, while unemployment soars...while businesses are shuttering operations and furloughing staff...while GDP sinks like a stone...stock markets seem to be in a state of complete denial.

In the midst of this economic turmoil, many stocks have regained the heavy losses they suffered earlier in the year.

How long will this last?

Between the first of March and the first of June, the Federal Reserve added $3 trillion to Wall Street’s play money. They created fake money, stock prices rebounded…and went higher than ever. This was despite falling GDP growth worldwide…and falling earnings/share growth, too. In other words, there was no reason for it — except the flush of the Fed’s new money. But now…a new phase begins. The feds are going to be forced to do for Main Street what they’ve been doing for Wall Street. That is, they can’t permit a substantial recession — caused themselves so they need to fix it which they will try to do through the printing press just as they have done before therefore further devalue your purchasing power.

But here is the reality, along with sliding stocks, last week, it became more evident that the Main Street ‘recovery’ is not happening.

As per https://www.barrons.com/topics/research-reports The nation’s trade deficit widened by nearly 19% in July and on Wednesday, the Federal Reserve’s showed that many layoffs related to the pandemic are becoming permanent.

The feds thought they could turn off, and then turn back on, the economy — like putting a movie on pause.

They thought they could just pick up where they left off. But it doesn’t work that way. Sales, wages, and profits are lost forever…People are working remotely from home. When they work from home, they do not stop at the nearby coffee shop to drink coffee and eat breakfast. That means the coffee shop closes…it stops buying sugar and flour…and on…and on and on…all the way to the cane fields of Brazil or Coffee producers in Colombia.

When they do not go to work they do not need new clothes to look nice, what effect does that have on the clothing industry and we could go on and on.

Think about it! People don’t want to drink coffee or eat muffins at the coffee shop. They don’t want to go to the office…to restaurants…on cruises…or on vacations to Europe.

Unlike the pre-crisis period, now, they don’t want to spend the money besides being afraid to contract the disease. So as result savings rates soared from only about 7% in February to over 30% in April. Now, they’ve fallen back down, but are still running about three times what they were last year. Remind you our economy is based on debt, encouraging people to spend not save. Yet now for many, saving — not spending — is the new status symbol. It is ‘socially responsible’, they tell themselves. It prevents them, and others, from getting sick. It helps ‘the environment’. And it makes them look less like greedy while the rest of ‘the people’ suffer. Besides, along with the money the feds showered upon them from helicopters, it leaves them with more cash…and a feeling of well-being and safety.

So understand that the money the wealthy don’t spend is the money the non-wealthy don’t earn…so they don’t spend it, either. And it’s also the money that doesn’t show up in GDP statistics.

Then on top of it you have China and Russia — who’ve both stockpiled tonnes of gold in recent years —which we over and over mentioned on our calls to watch out- are now systematically working to reduce their dependency on US dollars. Where does that leave the US Dollar? Just look back in 2015, 90% of all trade between the two countries was conducted in US dollars…as of last year, that figure had plummeted to 51%.

Could this be just the beginning of a much larger plan to dethrone the US dollar as the world’s reserve currency?

The effects could be devastating, not only for the US, but for the entire global financial system. History shows us, time and time again, that paper currencies collapse. And when they do, it’s a good idea to be holding gold.

What did all of these nations have in common before their currency collapsed?

Chronic debt thanks to cheap credit leading into the crisis, and high inflation. Now, you might be thinking that couldn’t happen in Europe, Australia, Africa, or in the US... Well after all the US greenback is the world’s reserve currency. Well think again! As of restricted access to US dollars, China has doubled down in its efforts to promote the global use of the yuan. Even mainstream media now is saying ‘The era of the U.S. dollar’s “exorbitant privilege” as the world’s primary reserve currency is coming to an end.’ – Bloomberg.

So the question is what is your financial Game Plan. What will you do? What are you stock piling or saving in?

Remember, at Utopian Global are all about building generational Wealth. Wealth that can be past onto generations. We do not give financial advice we inform and educate and we give you options. See Governments and central banks only think and plan until the next election. But economic and monetary forces don’t adhere to these pointless deadlines. And neither should you.

Disclaimer: None of the information contained here constitutes an financial advice, offer (or solicitation of an offer) to buy or sell any product or to make any investment, or to participate in any particular strategy.

Utopian Global does not take into account your personal investment objectives, specific investment goals, specific needs or financial situation and makes no representation and assumes no liability to the accuracy or completeness of the information provided here. The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort offered or endorsed by Utopian Global.