The bottom line is that all government spending will ultimately be paid for either through direct taxation, or more likely, through this “secret tax” we write about today. But, of course, it will be ordinary people who foot the bill either way.
Nearly a decade ago, Porter made a big gold-stock recommendation that generated massive returns. Now we see another huge opportunity in this space. In fact, this setup could prove to be even better than the last one – because there is one key difference now.
The inflation outlook for Europe, England, and Japan is much worse than in the U.S. That means all those other central banks need to follow the Federal Reserve’s example and raise interest rates much more aggressively. So, we’re highlighting a way to capitalize on the coming dollar weakness.