A recession AND soaring gold prices? Find out why analysts are predicting both

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The following message is from our sponsor, Lear Capital. Views expressed here do not necessarily reflect those of Glenn Beck or Mercury Radio Arts, Inc.

THE U.S. ECONOMY IS AT “THE CRASH POINT”

Do your research and learn how to protect your hard-earned savings today

If you jump off a tall building and flap your arms, you may actually think you are flying. The view is great, you may even see other birds flying with you and everyone is watching in amazement. You’ve done it. You have fulfilled your fantasy of being able to fly. You’re free as a bird. And then? …….. NOTHING!

That is precisely where our economy is today. It appears to be flying high and then? ………! And one indicator has been 100% accurate over the last 50 years in predicting what happens next to the economy. Pay attention!

You may hear the economy is strong, but here are some facts:

Still skeptical? I mean reports tell us the economy is booming. What do you believe? If you don’t want to believe what’s actually happening in the economy and would rather believe “reports,” why don’t we look at some financial facts. “Economic Indicators”, if you will. What does history tell us about the real state of our economy? What does history tell us about gold when the economy goes into recession?

▻ Protect your savings. CLICK HERE to get your FREE Gold Investment Kit from Lear Capital

Imminent Recession
There is one indicator that has been 100% accurate over the last 50 years – the Yield Curve. The yield curve is a comparison between short term treasury yields and long term. The 3-month treasury yield vs. the 10 year is the one to which most references are made.

Anyone who has ever borrowed money knows you typically pay more interest on longer term loans than you do on short term. In the case of mortgages, a 30-year mortgage is obtained at a higher rate than a 20-year. And a 20-year is secured at a higher rate than a 15-year. In the case of the yield curve, that metric has flipped. Shorter term treasuries are yielding a higher rate than long term.

This indicator has been refuted by some of the higher-ups, saying it’s not accurate. But, that doesn’t change history. Let’s have a look. You can decide for yourself.

As you see, the yield curve inversion started in November 2022. From the chart above we see that the longest time elapsed between the beginning of the yield curve inversion and a subsequent recession is 16 months. If history is any indicator, that means a recession is due in March 2024. And on average the S&P 500 drops 34.5% during those recessions. Perhaps this is why central banks are buying record amounts of gold.

Glenn Beck – “I trust Lear Capital and am happy to recommend them.”

There is nothing saying March is the absolute deadline for another recession. However, most believe another recession is imminent.

The Road to $3200 Gold
Another frightening indicator is rapidly rising debt. We hear the $34-trillion-and-rising debt story often. So often that people have become numb to this number. But there is a debt story that you may have never heard. We are now running $2 trillion dollar deficits. Interest alone is now $1 trillion. That means, we’re now borrowing money just to pay the interest on rising debt. We’re at the “Crash Point.” Who wants to lend money to someone who is borrowing just to pay interest on debt they already owe? While the “Yield Curve Indicator” forewarns of trouble ahead for stocks, the “Crash Point Indicator" points us all to the solution. GOLD!

Jamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history – and experts say it could cost Americans their homes, spending power and national security.
FORTUNE – Eleanor Pringle

Today the “Crash Point Indicator” points us to $3200 gold. That’s about 50% higher than we are today. If debt and deficits accelerate higher, the $3200 gold price could also skyrocket. There are many other factors that could skyrocket the gold price. Some experts predict $5,000 or higher. Again, just one more reason Central Banks are buying record amounts of gold.

So what will it be for you? A dramatic downward correction for stocks, or, owning gold which is projected to rise well above potential stock losses?

Learn More
If you want to learn more about the potential for $3200 gold ahead, call Lear Capital at 1-800-920-8371 or CLICK HERE for their latest “$3200 Gold” report and FREE Gold Investor Kit. You must learn now about the real historical risks to our market and our economy that lie ahead.

SPECIAL OFFER: Should you decide to do business with Lear, mention Glenn Beck and get $250 immediately added to your new account to help you get started.

Call 1-800-920-8371 or CLICK HERE for FREE information

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