5 Shocking Comparisons. What To Do Now ...

In the last big cycle, investors could have made 2,300% gains in a global asset that almost always surges in this kind of environment.

But in this cycle, the environment is far more favorable for that asset.

So the potential for profit today is larger, and it can all come to fruition in a shorter period of time.

The asset I’m talking about is gold. And the periods I’m comparing are the 1970s with today.

In the 1970s, the yellow metal soared from $35 to $850 per ounce, or about 2,300%.

And that surge was primarily driven by the same kinds of underlying factors we’re seeing today — easy money, a loss of faith in the government, and a decline in the U.S. dollar.

But those factors were far less extreme than they are right now.

Sure, back then, the budget deficit was growing, and the Federal Reserve periodically tried to hold interest rates down to stimulate a faltering economy.

And yes, that helped kindle inflation, driving investors into gold.

But the drama we’re witnessing today makes the hectic 1970s look like a Sunday walk in the park.

Consider these five shocking comparisons ...

Shocking comparison 1. The Fed has knocked its Fed Funds rate down to 0.10%.

In the 1970s, even the very lowest Fed Funds rate was 3.29%.

That’s 33 times higher than today.

So, back then, there was a great disincentive to own gold: You’d be giving up a lot of interest income.

Today, with interest rates near zero, there’s nothing to stop stop investors from moving cash into gold.

Shocking comparison 2. Just in the past year, the Fed has expanded its balance sheet from $3.8 trillion to $7.06 trillion (as of last Wednesday, Sep. 16).

That means they’ve suddenly flooded the U.S. economy with $3.26 trillion in newly printed paper money.

In the 1970s, that kind of reckless money printing was absolutely unthinkable.

Shocking comparison 3. The Fed has just promised to keep rates near zero through 2023. In the 1970s, the Fed wouldn’t dream of making such promises. Even just for one month!

Shocking comparison 4. The only way the Fed can keep rates near zero through 2023 is to continue printing money at an unprecedented pace.

Shocking comparison 5. The budget deficit is now expected to reach $4 trillion. That’s 98 times bigger than the biggest deficit of the 1970s and also far bigger in proportion to GDP.

And never forget: In the 1970s, gold bullion surged more than 23-fold in value. So, imagine how much it could surge this time around.

All of this is truly unprecedented, but things are just getting started.

Congress is trying to pass another $3 trillion in economic relief. Even if they pass “only” $2 trillion, it will mean at least a 50% jump in the federal deficit in one fell swoop.

Still, the unemployment rate remains dangerously high, businesses are still going out of business in large numbers, and no one knows when we’ll return to normalcy.

How will our government deal with all this?

Even bigger budget deficits and far more money printing!

So ...

Now can you see why investors are rushing into gold? Now can you see why a second, more dramatic phase of this gold rush is imminent?

Given the urgency, we have decided to hold a major briefing dedicated to gold and silver.

Here are the specs ...

Title: The Great Reckoning

Presenter: Sean Brodrick

Topic: A massive shift of capital into precious metals, unleashing unprecedented profit opportunities for early investors

Date: Wednesday, Sept. 23

Time: 2 p.m. Eastern, 11 a.m. Pacific

Cost: Zero for our readers

Where: Our online video center

How to attend: Secure your place with one click here.

If you haven’t done so already, be sure to grab your ticket now. (Tomorrow is the last day to do so.)

Then, check your inbox for your confirmation with instructions on how to attend.

Good luck and God bless!

Martin

About the Weiss Ratings Founder

Dr. Weiss is the founder of Weiss Ratings, the nation’s leading provider of 100% independent grades on stocks, mutual funds and financial institutions, as well as the world’s only ratings agency that grades cryptocurrencies. He founded his company in 1971, and thanks largely to his strict independence, has established a 50-year record of accuracy. Forbes called him “Mr. Independence.” The U.S. Government Accountability Office (GAO) reported that his insurance company ratings outperformed those of A.M. Best, S&P and Moody’s by at least three to one. And The Wall Street Journal reported that investors using the Weiss stock ratings could have made more money than those following the grades issued by Merrill Lynch, J.P. Morgan, Goldman Sachs, Standard & Poor’s and every other firm reviewed.

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