Oil

The U.S. is spiraling into hyperinflation – the stuff straight out of a Zimbabwe playbook. And, just because the U.S. is the wealthiest country in the world, everyone believes that we will get away with it. But we won’t… Ask anyone who has lived in Argentina for the last 70 years.

With tension high in the Middle East after Israel attacked Iranian military sites, we turn the focus today to what happens to the economy and markets when there is violence in the region. The suggestion on how this should affect your investing… surprising.

In today’s Daily Journal, Porter writes that because of the speculation in gold and Bitcoin, and the country’s mountain of debt, America is going to default on its bonds. It happened in the 1930s. And it happened in 1971. And it’s going to happen again.