Weekly Newsletter March 4, 2019
March Turmoil is upon us , but this time it doesn’t involve basketball!
March Madness looks to be shaping up as a brutally tough contest among The Worlds Superpowers. The U.S. / China trade deal is beginning to look a lot more like wishful thinking than that of one actually coming to a mutually beneficial decision. Britain’s rocky departure from the Brexit community is one that will shake the global foundations to their core. We also have the EU all in a frenzy over the U.S. tariffs beginning to hurt international auto sales, imports, and exports. President Xi Jinping has his hands full as March is the When the Chinese parliament will sign off on the government’s economic plan for the year. The centerpiece announcement will be the annual growth target, in which many believe the top Chinese financial analysts will report a much slower pace than expected on whether Beijing is succeeding in re-stimulating China’s growth. It will be interesting to say the least to see if an extremely lose monetary policy can help guide the World’s second largest economy forward. If the data comes back showing that the opposite is occurring, we could most certainly should begin to worry. If that’s not enough to make you want to hedge your bets within your investment portfolio, The Federal Reserve, European Central Bank and Bank of Japan will all be making critical financial policies.
A Professor at Yale University is gaining a lot of attention as he reminds us of the housing market issues, he believes will be a major factor that pulls us into to the next recession, as well as slowing growth already in the 1Q in San Diego, San Francisco, Seattle, as well as several others. I could try to discredit the information reported if it wasn’t published by the 2013 Nobel prize winner Robert Shiller. To fully understand how severe the repercussions of not only March, but the rest of the year could be, the Central Bank has reported that they’ve bought more gold in the last twelve months than any other twelve-month period since the opening of the Central Bank in 1913. The Central Bank has historically been net sellers of gold, not buyers. What and how big are the risks they’re looking at that leads them to believe they need to hedge their holdings of paper currencies and replace them with gold? Here at Big Thicket coin and Bullion, LLC we’ve always believed in having a balanced portfolio. You may not get rich by rolling over a portion of your portfolio into gold, but one thing I can guarantee you is that you most certainly won’t go broke putting a fiat currency into the world’s longest lasting form of wealth. Give one of our account representatives a call today to get protected.