Building Wealth For years, the pundits have been dead wrong...
For nearly a decade, it seems like everyone has been expecting higher interest rates. Except for us. We've been skeptical that rates would rise.
So far, we've been right.
And yesterday afternoon, the Fed again decided not to raise interest rates. It also lowered its expectations for economic growth... and interest rates... in the coming years.
Although the Federal Reserve finally made its first rate hike in December, the yield on the 10-year Treasury still sits at 1.6%, near an all-time low. And yields are crossing into negative territory elsewhere in the world.
With this in mind, today I'm featuring part of a recent Stansberry Digest written by my colleague Justin Brill. It relates to one of my favorite topics... interest rates, inflation, and gold. If real rates go negative, watch out...
This may be one of the most valuable notes you'll read all year...
For nearly a decade, it seems like everyone has been expecting higher interest rates. Except for us. We've been skeptical that rates would rise.
So far, we've been right.
And yesterday afternoon, the Fed again decided not to raise interest rates. It also lowered its expectations for economic growth... and interest rates... in the coming years.
Although the Federal Reserve finally made its first rate hike in December, the yield on the 10-year Treasury still sits at 1.6%, near an all-time low. And yields are crossing into negative territory elsewhere in the world.
With this in mind, today I'm featuring part of a recent Stansberry Digest written by my colleague Justin Brill. It relates to one of my favorite topics... interest rates, inflation, and gold. If real rates go negative, watch out...
This may be one of the most valuable notes you'll read all year...
We note sovereign yields have plunged to new record lows again...
The yield on 10-year U.K. government bonds hit a record low of 1.11%. Japan's 10-year government bond hit a record negative-yield low of -0.155%. Swiss 10-year government bond yields also hit a new negative record.
And as we feared last week, the yield on 10-year German "bunds" – the benchmark debt for virtually all of Europe – has now dropped below 0% for the first time in history. Bund yields touched as low as -0.033%.
No, what is happening today is not normal...
Foolish central-bank policies are creating distortions unlike anything we've ever seen before. And they are guaranteed to end in disaster.
No one can be certain when these problems will come to a head. But the recent acceleration in plunging yields suggests it could be sooner than even we expect.
We're beginning to feel like a broken record, but if you still haven't taken our advice to put a portion of your savings in physical gold (and silver), we urge you to do so soon.
Regular readers know we've also recommended putting a small percentage of your portfolio in select gold- and silver-mining stocks.
Why? Because during a bull market, certain precious metals stocks will move 10, 20, or 50 times the price of gold and silver.
To be clear, these stocks are incredibly volatile... So you wouldn't want to put a huge part of your portfolio in them. But when bought at the right time and in the right way, they are one of the few legitimate ways to make a fortune in stocks.
This is why Porter launched his very own gold- and silver-focused investment service – Stansberry Gold Investor – for the first time this spring.
The results so far have been incredible. All 15 of the open stock recommendations in the Stansberry Gold Investor portfolio are up double digits. They're up an average of 36%. And the feedback from subscribers has been overwhelmingly positive.
But we have received one big complaint about this new service...
Many readers were simply not in a position to spend $1,500... $2,000... or more on gold research.
We have some good news for these folks...
For a limited time, you can get access to some of our best, hedge-fund-quality research on gold and silver stocks for a tiny fraction of the cost of other gold research.
Even better, right now you can claim an extra year of this service absolutely free.
In short, if you weren't able to benefit from the big rally in gold and silver stocks this year, you no longer have an excuse.
You can now lock in access to some of our best precious metals research for the next two years for just pennies a day.
Click here for the details. (This does not lead to a promotional video.)
Foolish central-bank policies are creating distortions unlike anything we've ever seen before. And they are guaranteed to end in disaster.
No one can be certain when these problems will come to a head. But the recent acceleration in plunging yields suggests it could be sooner than even we expect.
We're beginning to feel like a broken record, but if you still haven't taken our advice to put a portion of your savings in physical gold (and silver), we urge you to do so soon.
Regular readers know we've also recommended putting a small percentage of your portfolio in select gold- and silver-mining stocks.
Why? Because during a bull market, certain precious metals stocks will move 10, 20, or 50 times the price of gold and silver.
To be clear, these stocks are incredibly volatile... So you wouldn't want to put a huge part of your portfolio in them. But when bought at the right time and in the right way, they are one of the few legitimate ways to make a fortune in stocks.
This is why Porter launched his very own gold- and silver-focused investment service – Stansberry Gold Investor – for the first time this spring.
The results so far have been incredible. All 15 of the open stock recommendations in the Stansberry Gold Investor portfolio are up double digits. They're up an average of 36%. And the feedback from subscribers has been overwhelmingly positive.
But we have received one big complaint about this new service...
Many readers were simply not in a position to spend $1,500... $2,000... or more on gold research.
We have some good news for these folks...
For a limited time, you can get access to some of our best, hedge-fund-quality research on gold and silver stocks for a tiny fraction of the cost of other gold research.
Even better, right now you can claim an extra year of this service absolutely free.
In short, if you weren't able to benefit from the big rally in gold and silver stocks this year, you no longer have an excuse.
You can now lock in access to some of our best precious metals research for the next two years for just pennies a day.
Click here for the details. (This does not lead to a promotional video.)
What We're Reading...
- The greatest time to own gold... when real returns on fixed-income securities turned negative.
- The tax implications of owning gold bullion vs. gold funds and mining stocks.
- Something different: Nine insults that make the presidential campaign seem civilized.