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BRICS Countries Dump $123 Billion in U.S. Treasuries in 2023

jeffpechenik@gmail.com (Jeff Pechenik) — Mon, 02 Oct 2023 20:05:37 GMT

From: Watcher.guru

A handful of countries from the BRICS alliance are cutting ties with the U.S. Treasury by offloading Treasury bonds. BRICS is increasingly looking to diversify its portfolios with gold, local currencies, and other commodities such as oil and gas. The move is a hedge against U.S. economic policies that will narrow down the dollar’s ability to fund its deficit. Recent data from the U.S. Treasury Department shows that BRICS dumped $18.9 billion in U.S. Treasury bonds just this month.

In 2023, BRICS offloaded $122.7 billion in U.S. Treasury bonds and is staying away from the government’s debt. BRICS member China is the highest, as it offloaded $117.4 billion worth of U.S. government debt this year. Between June and July, China reduced its holdings from $835.4 billion to $821.8 billion, a decline of $13.6 billion.

Other BRICS member Brazil followed suit and reduced its U.S. Treasury holdings this year. Brazil’s U.S. treasury declined from $227.4 billion in June to $224.7 billion in July, a slump of $2.7 billion.

Another BRICS member, India, followed a similar path and trimmed its holdings by $2.3 billion during the same period. India has also allegedly dumped the U.S. dollar in the forex markets to keep the value of the Rupee from falling. Read here to learn how India offloaded the U.S. dollar to make the Rupee end stronger this month.

Similarly, the UAE saw its U.S. treasury holdings fall by $300 million in July. UAE’s holdings slipped from $65.2 billion in June to $64.9 billion the next month. In total, BRICS has removed $122.7 billion worth of U.S. Treasury bonds from its reserves in 2023.

The alliance is finding various means to end the U.S. dollar’s supremacy and put local currencies ahead of the greenback. Read here to know how many sectors in the U.S. will be impacted if BRICS stops using the dollar.

The bloc of countries that wants to overthrow the US dollar is set to gain 6 new members — here's what the potential recruits have said about de-dollarization

jeffpechenik@gmail.com (Jeff Pechenik) — Mon, 02 Oct 2023 20:01:14 GMT

From: BusinessInsider.com

The BRICS group of emerging nations may have wrapped up its annual summit with no common currency last month and members issuing contradictory commentary about the greenback — but it doesn't mean its drive to de-dollarize is over.

The bloc is anchored by Brazil, Russia, India, China, and South Africa. It has invited six countries to join the alliance, which hopes to upset the dollar's dominance and become an alternative to the dominant Western world order.

BRICS's newly invited members are Iran, the United Arab Emirates, Egypt, Argentina, Saudi Arabia, and Ethiopia. Iran, which has been heavily sanctioned by the US, has been the most vocal about transacting in non-dollar currencies, while the others have taken various positions about alternatives to the greenback.

The inclusion of major energy exporters such as Saudi Arabia, Iran, and the UAE on the list of potential BRICS members is a big deal because energy commodities — which are typically denominated in US dollars — are heavily traded and a key component of the global economy.

Therefore, any move by these energy exporters to trade in non-dollar currencies could gain momentum in the broader economy.

"Together with fellow oil and gas exporters Iran and the UAE, the admission of Saudi Arabia to the BRICS grouping will inevitably focus the debate on the use of non-dollar currencies in trade," wrote analysts at the Dutch bank ING in an August 24 note, referring to the ongoing debate over de-dollarization.

Here's what the six new potential members have signaled about the move away from the dollar.

Heavily sanctioned Iran has long been trying to de-dollarize

Iran — a major oil producer — has been on a drive to de-dollarize for years.

Tehran made a major push to de-dollarize in a May meeting with 11 other countries including India, Russia, and Sri Lanka.

Given that Iran has been sanctioned for years, the Middle Eastern country has been discussing using the yuan to settle trade as far back as 2010. In 2012, China started buying crude oil from Iran using the yuan.

In February, Tehran and Beijing discussed increasing the use of the yuan and the Iranian rial for bilateral trade, per the Financial Tribune, an Iranian media outlet.

Iran also linked up with Russia's payment system, the System for Transfer of Financial Messages, in February, Al Jazeera reported.

Tehran has also called on India to conduct bilateral trade in local currencies — specifically in the Iranian rial and the Indian rupee, Iran's Tasnim News Agency reported in May.

The UAE has agreed to trade oil with India in the rupee

The UAE doesn't appear to have made a public declaration on moving away from US-dollar trade — but its actions indicate otherwise.

In February, top Indian oil refiners were buying Russian crude with the dirham, UAE's currency.

In August, India's top oil refiner used Indian rupees to settle an oil trade with the UAE's state-owned Abu Dhabi National Oil Company.

"The UAE has long deployed a multi-alignment strategy," wrote Kristian Alexander and Gina Bou Serhal, from Trends Research and Advisory in Dubai, on September 13, referring to the UAE's foreign-policy stance.

"By joining the bloc, the UAE signaled that it wants to move away from overreliance on Western partnerships and play a more prominent role in shaping the global order," they wrote.

Egypt is 'very, very, very strongly considering' trading in non-dollar currencies

Like Argentina, Egypt has been suffering from a shortage of greenbacks since 2022, when the US Federal Reserve started hiking interest rates, which boosted the dollar's strength.

The Egyptian pound has also lost about 50% of its value since March 2022, when the Fed started its rate-hike cycle. This makes dollar-denominated imports into Egypt more expensive.

In April, Ali Moselhi, the Egyptian minister of supply and internal trade, said the country was "very, very, very strongly" considering paying for its commodity imports in non-dollar currencies, reported Saudi Arabia's Al Arabiya news outlet.

Moselhi said Egypt was discussing using the Chinese yuan, Indian rupee, or Russian ruble to pay for its imports but has not reached a deal yet with any of the countries.

Egypt has already started issuing Japanese yen-denominated bonds earlier this year and is planning to issue Chinese yuan-denominated bonds soon as well.

Argentina has started using the Chinese yuan, but one prominent politician is still backing the dollar

Argentina appears to be of two minds about de-dollarizing its economy.

The South American country has already started moving away from the US dollar for some transactions — mainly because the country's economy has run very short on the greenback.

The option it has turned to recently is the Chinese yuan.

In April, Sergio Massa, the Argentinian economy minister, said the country would start to pay for imports from China in the yuan instead of US dollars. Two months later, in June, Argentina's central bank said it was allowing commercial banks to open deposit accounts in the Chinese yuan.

However, Argentinians have been hoarding the dollar for years to hedge against the volatile peso, so it's hard to envision the country completely de-dollarizing.

Javier Milei, the front-runner in Argentina's presidential election, has proposed replacing the peso with the dollar amid a massive slide in the local currency against the greenback. The peso has halved against the dollar so far this year.

Saudi Arabia is open to trading oil in non-dollar currencies

The most high-profile of the newly invited BRICS members is Saudi Arabia, an oil-exporting giant and the de facto leader of the Organization of the Petroleum Exporting Countries cartel.

The kingdom's potential entry into the BRICS bloc is a surprise since it's in a strategic partnership with the US and has an agreement to price oil exclusively in the greenback.

But the energy kingpin has signaled earlier this year it is open to trading in other currencies.

"There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal," Mohammed Al-Jadaan, the kingdom's finance minister, told Bloomberg TV in January.

"I don't think we are waving away or ruling out any discussion that will help improve the trade around the world," Al-Jadaan told the news outlet.

However, Saudi Arabia hasn't started pricing its prized oil exports in non-dollar currencies yet and hasn't accepted BRICS's invitation to join the bloc so far.

Ethiopia is dealing with a foreign-currency crunch

A civil war broke out in Ethiopia in late 2020, further destabilizing the African country's economy, which was already reeling from COVID-19-wrecked supply chains and a drought.

Ethiopia's civil war ended in 2022, but like Argentina and Egypt, it continues to face economic uncertainties and is experiencing a foreign-currency shortage.

Ethiopia doesn't appear to have publicly said anything about moving away from US dollar-dominated trade. The country's bid for membership seemed to have stemmed from a desire for an alternative world order.

The Ethiopian prime minister, Abiy Ahmed, tweeted on August 24 that BRICS endorsement of the country's membership was a "great moment" for the country.

"Ethiopia stands ready to cooperate with all for an inclusive and prosperous global order," he tweeted.

BRICS: France To Be the First European Country To Join the Alliance?

jeffpechenik@gmail.com (Jeff Pechenik) — Mon, 02 Oct 2023 19:58:41 GMT

From: Watcher.guru

The South African BRICS ambassador Anil Sooklal confirmed on Thursday that European countries have expressed interest to join the alliance. The development comes at a time when France is looking to end reliance on the U.S. dollar for global trade. French President Emmanuel Macron called for Europe to resist the pressures of becoming “America’s followers”.

Macron also called for the European Union to end reliance on the U.S. dollar as the currency comes with a “great risk”. He added that Europe must not be “caught up in crises that are not ours,” hinting at the dollar’s debt crisis.

While Sooklal did not mention the names of the European countries that have expressed interest to join BRICS, all indicators point towards France .

In March, France settled an LNG gas trade with China by paying the Chinese Yuan and not the U.S. dollar. The development was the first time that a European ally sidelined the dollar and chose the Yuan for cross-border transactions. The deal involved 65,000 tonnes of LNG gas from the UAE, becoming the first yuan-settled trade through the Shanghai Petroleum and Natural Gas Exchange.

France’s TotalEnergies completed the transaction that “involved LNG imported from the UAE” and settled it with the Chinese Yuan. Therefore, the developments suggest that France could be a leading contender in Europe to ditch the U.S. dollar and accept the BRICS currency.

Apart from France, the Eastern European country Belarus has also expressed interest to join the BRICS alliance. Belarus President Alexander Lukashenko called for an economic union with BRICS that provides zero restrictions for cross-border trade and transactions.

“The creation of a comprehensive economic union remains our priority,” Lukashenko emphasized. The President added, “There should be no barriers and no restrictions at all. This is a basic principle for building our union, and we must reach this target as soon as possible.”

BRICS expansion to accelerate decline of the US dollar

jeffpechenik@gmail.com (Jeff Pechenik) — Mon, 02 Oct 2023 19:46:16 GMT

From: Kitco.com

BRICS is a grouping of the world economies of Brazil, Russia, India, China, and South Africa formed by the 2010 addition of South Africa to the predecessor BRIC. The original acronym “BRIC”, or “the BRICs”, was coined in 2001 by Goldman Sachs economist Jim O’Neill to describe fast-growing economies that would collectively dominate the global economy by 2050. The BRICS have a combined estimated total population of about 3.2 billion, or around 42% of the global population.

The 15th annual BRICS summit took place this week in Johannesburg, South Africa, and was attended by the heads of state or heads of government of the five member states: Brazil, Russia, India, China, and South Africa. South African President Cyril Ramaphosa also invited the leaders of 67 countries to the summit. Several countries expressed interest in joining the BRICS group, and Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates were invited to join the bloc. Full membership will take effect on 1 January 2024. The debate over enlargement has topped the agenda at the summit, which could allow dozens of interested nations to seek admission as Beijing and Moscow push to forge it into a viable counterweight to the West.

BRICS has formally announced that they will be more than doubling the number of countries in their alliance by accepting six new nations. These are not small nations or insignificant moves, as most have traditionally been aligned with Western economic interests. Thus, we are seeing a major geopolitical shift take place this week that could have ripple effects for decades to come.

Let’s take a quick look at the nations joining the BRICS alliance.

Argentina has a long-running economic partnership with Western bodies including the IMF and World Bank. The IMF recently approved a$7.5 billion disbursement for Argentina, part of an existing 30-month, $44-billion program aimed at improving the dire economic situation. Argentina plans to use the disbursement to repay China part of the money it borrowed through a currency swap line. The World Bank has also approved two new projects for Argentina worth around $650 million. But the relationship between Argentina and these organizations has been somewhat adversarial or exploitative according to critics. So it is significant to see Argentina moving to join the BRICS alliance, which is seen as an alternative to Western economic groups.

Saudi Arabia is the de-facto OPEC+ leader and has been largely responsible for the US dollar having petrodollar status and strength over the past several decades. The rejection of the petro-dollar will lead to a large surplus of dollars in world trade that will not be used, causing massive inflation, especially in the US.

The United States government has been pressuring Saudi Arabia to continue pricing its oil sales in US dollars. Saudi Arabia originally agreed to do so in 1974, shortly after Nixon took the dollar off the gold standard, in exchange for the military protection of the United States.

The short version of the story is that the agreement created artificial demand for US Treasury bonds, debt and dollars. This was a major contributing factor to the dollar not crashing after losing convertibility to gold and remaining so strong in recent years despite the explosion of new dollar printed, soaring deficits and a US National Debt that is now nearing $33 trillion! Some are suggesting that the dollar is now dead, but we are more likely to see a slow, but accelerated, decline in the dollar’s dominance and value.

Some believe the Ukraine war is an attempt by the United States to save the dollar. But it appears that Russia is winning the war and likely to gain territory in any peace deal. And the war is pushing the military and economic superpowers of Russia and China even closer together. A defeat of Western ambitions in Ukraine is likely to add further pressure to the US dollar.

Egypt has received over $80 billion in U.S. foreign aid since 1978 and is seen as a strong ally of the United States. Total bilateral trade between the two nations is nearing $10 billion annually. Egypt is the United States’ largest export market in Africa, and American firms are active in most sectors of the Egyptian economy. So it is significant to see Egypt joining the BRICS alliance, which is likely to lead to a decline in trade relations with the West.

The United Arab Emirates (UAE) and the United States have had friendly relations since 1971 and have established formal diplomatic relations since 1972. The two countries have developed strong government-to-government ties, including close security cooperation. The UAE plays an influential role in the Middle East and is a key partner for the US. Bilateral trade has risen to $23 billion, and the UAE has participated in U.S.-led military operations in Kuwait, Afghanistan, Serbia, and Iraq as well as the NATO U.S.-led mission in Libya.

But the UAE decided to use Chinese technology in 2021, such as Huawei’s 5G telecommunications network, angering the United States. And while the move to join BRICS does not mean they are cutting off ties with the West, it is likely to lead to increased trade with BRICS nations and decreased trade with the United States. There is frustration in D.C. over the UAE’s role in enabling Russian business and capital to find a home from sanctions.

Iran moving to join BRICS is less controversial, as they have not been close allies of the United States or Western nations. But they have a GDP of $388 billion and are the world’s 21st largest nation by purchasing power. Their stock exchange has been one of the best performing over the past decade and they have 10% of the world’s proven oil reserves and 15% of gas reserves. They are an energy superpower and control strategically important land and waters in the Middle East. They have advanced military manufacturing, to the point that the US has asked them to stop selling their very effective drones to Russia.

Ethiopia is the second most populous country in Africa, remains an effective development partner, particularly in areas of health care, education, and food security. The United States has maintained diplomatic relations with Ethiopia since 1903 and is the largest bilateral donor in Ethiopia, providing an estimated $3.16 billion in humanitarian assistance since 2020. However in 2021 Ethiopia accused the United States of meddling in its affairs after Washington announced restrictions on economic and security assistance over alleged human rights abuses during the conflict in the northern Tigray region. This likely drove a wedge between the two nations and may have turned Ethiopia more enthusiastically toward the East.

BRICS to Control Over 50% of Global Oil Production and 33% of GDP

With the addition of Saudi Arabia, the United Arab Emirates and Iran to the BRICS, the Union will be able to control the lion’s share (over 50% with some estimates up to 80%) of the world’s oil production. BRICS nations are experiencing some of the fastest GDP growth and together amount to over $30 trillion in GDP.

The economic alliance that represented just 17% of GDP in 1995, now represents 32% of global GDP, surpassing G7 nations for the first time. This data was from April, but more recent numbers peg the BRICS share of global GDP at 33.5%. The BRICS alliance is now a force to be reckoned with and their growth is only getting started.

The Expanding BRICS Alliance is a Threat to the Dollar’s World Reserve Status

A staggering 40 countries have expressed interest in joining BRICS at the same time that African countries are kicking out imperial Western nations and flying flags of Russia. As Western hegemony dwindles, so will the value of the US dollar. This is partly blowback from historically heavy-handed US policies and fears from the dollar being weaponized against other nations. This has led to more and more countries converting out of dollars and into yuan and gold.

The United States and allies cut Russia off from the SWIFT payment system and froze over $350 billion of its gold and foreign exchange reserves. That type of economic warfare can massively reduce trust in the dollar-based monetary system, especially amongst countries in the Global South which have long been skeptical of US hegemony. If the US can do this to Russia, will they consider doing it to other nations that don’t toe the line? And do they really want to continue holding their reserves in the dollar?

BRICS nations have recently started dropping the dollar in bilateral trade in favor of the Chinese yuan or other local currencies. BRICS Pay offers a single payment system outside of the dollar, a cloud platform to connect national payment systems, financial messaging system, and a SWIFT replacement. Russia, China and Iran already have their own alternatives to SWIFT, but BRICS is expecting a common system within the next six months.

The expansion of BRICS is going to further accelerate global de-dollarization. In fact, new BRICS entrant Iran made it clear this is part of their mission.

“Iran supports efforts of BRICS in de-dollarization.”

– Iranian President Ebrahim Raisi tells the BRICS summit

Put simply, there has never been a threat to the dollar’s supremacy as significant as this. Dominant reserve currencies have a life expectancy of around 100 years. The U.S dollar took the title officially in 1944 as part of the Bretton Woods Agreement, but many argue that this date should go as far back as the 1920s as the dollar was already the dominant global currency then. Thus, the U.S dollar is nearing its 100-year shelf life.

Could time be running out for the U.S. dollar? How much longer can the dollar keep its faltering stranglehold on world reserve status?

Stanley Druckenmiller, who is known for being a legendary investor thanks to his study of history and macroeconomics, believes the USD will lose reserve currency status within the next 15 years, stating:

“I can’t find any period in history where monetary and fiscal policy were this out of step with economic circumstances, not one.”

The key driver of the fall of the Roman empire was excessive money printing and inflation. Well, not technically “money printing,” but Roman leaders continually lowered the amount of silver in the Denarius coin that gave it value. This was done so that more coins could be pumped into circulation and the government could spend more growing their military and expanding their empire. This was their version of printing money and it is eerily similar to what is happening in the United States today. Those who do not read history are doomed to repeat it, and it appears our politicians and central bankers either don’t read or don’t care.

“The budget should be balanced, the treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and assistance to foreign lands should be curtailed lest Rome become bankrupt.”

– Marcus Tullius Cicero

Cicero’s words are more relevant than ever as the United States continues sending tens of billions to Ukraine to fight a proxy war against the world’s largest superpower. The U.S. also maintains over 750 military bases in over 80 countries, spending more on the military than the next 10 biggest countries combined. The US also provides over $50 billion in aid annually to a variety of nations, by far more foreign aid than anyone else. Even if you believe this aid is always altruistic (it isn’t), this does not change the fiscal irresponsibility of this scale of overseas spending.

This has been made possible by the privilege of being able to print infinite amounts of the world reserve currency. But this only works when the rest of the world wants dollars for reserves and trading. If they start using something else, demand for dollars drops significantly, and the value of the dollar will follow. Thus far we have only seen gradual declines in the value of the dollar over time, but that gradual pace could become significantly more rapid over the next few years.

Bitcoin and Gold-Backed Currencies Offer Sound Money Alternatives

There is a good reason central banks throughout the world last year bought the most gold on record since 1950, in an effort to combat rising inflation and financial instability. They are trading in un-backed paper currencies for scarce assets. Smart money knows the fragility of our monetary system and are preparing for its collapse. Central bank gold demand hit 228t in Q1 of this year, 34% higher than the previous Q1 record, set in 2013.

Whether the alternative to the US dollar will be the yuan, a BRICS currency , or another gold or asset-backed currency in the future, many nations are seeing that the current global reserve may be on the decline for good.

Some also speculate that Bitcoin could become an alternative to the dollar and new world reserve currency given its scarcity, ease of storage and transport, decentralization and growing acceptance globally. Bitcoin operates on a peer-to-peer network and is not controlled by any government or institution. Unlike fiat currencies, which can be printed at will, there will only ever be 21 million bitcoins in existence. This scarcity and decentralization has led some to believe that Bitcoin could become a global reserve currency.

El Salvador already adopted Bitcoin as legal tender and added it to government reserves. In addition, Argentina and Paraguay have used Bitcoin to settle export deals traditionally done in USD, Venezuela has turned to Bitcoin for domestic and global trade, Malaysian officials are trying to spark legislative action to adopt Bitcoin, Chile is introducing non-USD backed investment instruments to entice investors, and there are large movements allegedly underway in Central and South America to become crypto-friendly. Russia has also announced the acceptance of cryptocurrency for commodities in an attempt to further reduce its dependence on the dollar.

While China may be attempting to replace the US dollar with a Yuan central bank digital currency (CBDC), there are obvious drawbacks. In addition to the Orwellian nature of CBDCs, where government’s could cut off your access if you post something critical online or don’t conform to their whims, CBDCs are just a digital version of current fiat money with no supply cap. Central banks can simply create as much of it as they like, which perpetuates inflationary risks. There is no scarcity and the centralization inevitably leads to abuse, corruption and an unfair advantage for those that can create it or are closest to its creation.

Bitcoin has digital scarcity and true decentralization, which is why many believe that it would be a superior world reserve currency. The protocol is not owned by anyone, it levels the economic playing field, prevents unfair concentration of wealth and has less of an impact in raising the strength of one country at the expense of another. Having a capped supply, governments would not be able to create infinite amounts to fund wars, buy influence, consolidate power, pay kickbacks and engage in their typical shady behavior.

The next Bitcoin halving is expected to occur in May 2024, reducing Bitcoin’s inflation rate to 1.8%, which is significantly lower than the average worldwide inflation rate. As adoption increases, this low inflation rate will translate into less volatility and a better store of wealth than fiat reserves. We could eliminate currency manipulation and governments blocking citizens’ access to their money, while operating a single shared global payment system. The Lightning Network would be ideal for the payment layer and hardware wallets could provide cold storage for those looking to save.

Some believe using a Bitcoin standard could create a fairer financial market for all nations, while reducing the wealth gap and incentivizing savings rather than consumption. Sound money provides a fertile environment for civilization to thrive and increase the standard of living. By contrast, the fractional reserve fiat monetary system allows for the concentration of wealth in the hands of a few, while rewarding corruption and centralizing power.

Bitcoin and gold might be able to work together to create a better monetary system based on scarce assets and sound money. I believe such a monetary system will lead to a more prosperous world and a smaller wealth gap. But those that benefit from the current system are unlikely to let go of the reins without a fight. And unfortunately they will resort to war or other drastic measures in order to continue with the status quo.

The addition of Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates to the BRICS alliance signifies a major power shift taking place. We are moving toward a more multi-polar world and a waning role for the U.S. dollar as it loses petrodollar status and world reserve status. This will negatively impact the standard of living for most people in the United States, but there are steps that investors can take to mitigate the impact, protect and even grow their wealth through this shift.

The simple solution is reducing exposure to U.S. dollars and increasing exposure to scarce assets such as gold, other commodities and Bitcoin. We also view mining stocks as being undervalued at the current time and think there are opportunities for leveraged gains in this sector.

Fisher Capital Announces Turning Point Action Conference 2023 Diamond Sponsorship

jeffpechenik@gmail.com (Jeff Pechenik) — Sun, 24 Sep 2023 15:09:51 GMT

From: WashingtonTimes.com

Fisher Capital Group, one of the fastest growing precious metal retailers in the US, has once again proven its commitment to conservative values and support for the American spirit by announcing its Diamond Sponsorship for the 2023 Turning Point Action Conference in West Palm Beach, Florida. Scheduled for July 15 and 16, the event promises to be an influential gathering of leading conservative voices in America today.

As one of the nation’s most rapidly expanding and patriotic companies, Fisher Capital’s commitment to advancing robust conservative dialog isn’t new; it’s ingrained in its DNA. CEO Alexander Spellane, a vibrant leader recently recognized among the top ten CEOs of 2023, skillfully navigated the company’s trajectory in alignment with conservative principles in today’s highly polarized climate. Fisher Capital takes these conservative principles and channels them into actions that create tangible, positive impacts on society.

Fisher Capital’s staunch commitment to conservatism is showcased in the brand’s continued support for organizations like Turning Point USA that foster open discourse around conservative ideologies among young people. In 2022, Fisher Capital was the Diamond Sponsor for the 2022 Turning Point USA AmFest, successfully bringing together a community of 15,000 supporters in Phoenix, Arizona. Like its predecessor, the 2023 conference will feature power-packed rosters of conservative luminaries, including Donald Trump, Tucker Carlson, and Charlie Kirk. Spellane will represent Fisher Capital alongside vice presidents Donovan Strydom and Nick Durst.

Fisher Capital’s association with Turning Point is just one facet of its commitment to conservatism and community engagement. As a Christian-owned company, the company has consistently demonstrated how a conservative ethos can shape business practices. Beyond helping clients protect their freedoms with precious metals, they have a long-standing employment program for veterans, providing much-needed support to these heroes who served their country with honor. Fisher Capital also supports military and veteran families, students, and educational non-profits.

In today’s climate where trust in institutions is increasingly strained, Fisher Capital’s commitment sends a clear message to their clients and the broader community: when you choose to do business with Fisher Capital, you are actively supporting a company that reinvests its profits to enrich the fabric of our great nation. Moreover, the Group’s continued involvement with Turning Point, manifested in its generous diamond sponsorship for the foreseeable future, ensures that Fisher Capital remains at the heart of the conservative dialogue in America.

“When customers trust their business to Fisher Capital, they can rest well knowing that their profits are not going to a woke liberal Wall Street-backed company using their money against them,” Spellane reiterates. “Supporting Fisher Capital is voting with their wallets since the company uses their profits to invest in the future of America through organizations like Turning Point USA.”

As the culture war rages on, Fisher Capital remains resolute in its mission of supporting conservative causes and ensuring conservative voices aren’t muffled. As they take center stage as the Diamond Sponsor of the 2023 Turning Point Action Conference, they do so as more than a financial institution. In our complex, modern world, Fisher Capital stands as a beacon, a testament to the resilience and relevance of conservatism.

How Supporting Veterans Helped Fisher Capital Become One Of The Nation’s Fastest-Growing Precious Metals Companies

jeffpechenik@gmail.com (Jeff Pechenik) — Sun, 24 Sep 2023 15:07:58 GMT

From: CalBizJournal.com

H ow does an aspiring musician from Cleveland make his first million? For Alexander Spellane, it wasn’t the music business in the city of the Rock & Roll Hall of Fame. It was finance and investing.

Spellane, CEO of Fisher Capital, discovered an interest in precious metals that led on a path away from music, eventually securing a VP position in a retail precious metals firm, and shortly following, the start of his own company.

Why not cruise along in a VP position that made him a seven-figure earner before the age of 30? “Once I gained that experience, I wanted to provide clients with ‘a higher level of service,’” Spellane told California Business Journal. “I knew I could teach other people ‘a better way’ to sell precious metals.”

Having recently been named by Forbes as one of America’s 5 fastest-growing precious metals companies, Fisher Capital outgrew its former location and has moved into what had been the New York Times offices in Los Angeles.

“There was stiff competition for that space,” Spellane says. “The larger space gives us more room for team building and training, with room for more growth in the future.”

What makes Fisher Capital different from other precious metals investment firms is that “our overall expertise, insight into the market and educating clients,” he says.

Another characteristic of Fisher Capital is that it is mainly composed of United States Military Veterans.

“All the founding team members of Fisher Capital are patriots, we love America. Nearly all of our clients are very vocal about their love for our country too,” says the company’s founder. “Who is a better fit for a patriotic company, with patriotic customers, than someone who has put their life on the line for America.”

Interest in gold and silver always escalate when inflation starts to increase — which means Fisher Capital has been especially busy this year.

“I talk to clients all across America, and they seem very worried about inflation eating away their savings,” says U.S. Army veteran and Senior Account broker Andrew Angelo.

Yet the conversation between a Fisher Capital client — who tends to be a high-net-worth investor over 50 — and the team members Spellane has assembled has remained relatively unchanged since the inception of the company.

“Precious metals are a critical element of a diversified investment portfolio,” he says, going on to describe different scenarios. For instance, a retiree may have primarily invested in IRAs and 401(k)s focused on stocks, bonds, and mutual funds. “Even in a bull market, it is still wise to hedge against inflation,” he explains. “When inflation grows, that just creates a greater sense of urgency for precious metals.”

Portfolio diversity is the core of the Fisher Cap pitch, and that doesn’t change whatever the markets are doing. Spellane recommends anywhere from 5% to 20% of your investment portfolio be devoted to precious metals.

Running any company takes ambition, and getting to the top of your field takes ambition — and a plan.

“My personal goal has always been to be the best at everything I do. America thrives on competition. My belief is when you have success, it’s when opportunity meets preparedness.”

The goal from the beginning of Fisher Capital was to focus on providing value over selling products.

“Our team approach to serving our clients has been the key to our success, as well as our meticulous skill and technique. We’ve had an overwhelming response to our approach,” Spellane says.

Spillane’s career path led him straight from high school into the workforce.

“I pursued a career in sales when I got out of school in Cleveland,” he says. “I wanted to gain experience in business, and found that experience in the precious metals industry.”

For a while, that was his day job while he pursued music, but after moving to Los Angeles, he decided it was time to build a business rather than work for someone else. The attention required to grow a business meant leaving music behind – except as a hobby.

The Fisher Capital portfolio includes Gold and Silver IRAs, along with gold and silver bullion. The firm also sells coins from the silver American Eagle and Australian Kangaroo, to Gold Canadian Arctic Fox and American Buffalo.

“One of the reasons we have multiple team members assisting each client is the supply issues that come with inherently scarce products like gold and silver,” Spellane says. “Last year, the US Mint stopped production on Silver Eagles for an entire month.”

Finding the amount of a product the client is looking for and securing that amount is the core of the job at Fisher Capital, whose client base is well educated on the precious metals market by the time they contact Fisher Capital.

“They know what they want, but need nuts and bolts expertise to secure the product they are looking for,” Spellane says. “We are exceptional at simplifying the process for our clients.”

Conserving and protecting wealth are really what precious metals investing is about. That is why Fisher Capital is expanding into traditionally conservative markets.

“The majority of our clients share our conservative values,” Spellane says. “Fisher Capital is one of the most patriotic and conservative companies I have ever come across.” says Parker Ellman, another veteran employed by the company.

While Fisher Capital has clients nationwide, it sees concentrations of clients in certain areas. “We are looking to Texas and Florida as key areas of expansion,” Spellane says.

Spellane sees offices in Texas and Florida as having the potential to provide more value and reach. The firm is looking to 2023 to move into one or both of those markets.

It all comes back to providing value. “One thing that separates Fisher Capital from our competitors, is our values.” says former U.S. Army paratrooper and current VP of Sales for Fisher Cap Nicholas Durst.

The success of being an elite precious metals retailer is about serving clients over selling products. That has been the formula Spellane has followed since Day 1 – “and so,” he says, “far has seen no reason to change.”

Redefining Workplace Values: How Fisher Capital Group Champions Veterans and Conservatism in LA

jeffpechenik@gmail.com (Jeff Pechenik) — Thu, 31 Aug 2023 13:03:47 GMT

Originally posted on: LAwire.com

From the streets of Cleveland to the top echelons of the precious metal retail industry, Alexander Spellane’s journey is a testament to how passion, perseverance, and expertise can transform a dream into reality. Today, as the CEO of Fisher Capital Group, Spellane is at the helm of one of America’s fastest-growing precious metals companies, a hub of economic prosperity that is rapidly emerging as a haven for military veterans and conservatives who value a nurturing, inclusive work environment.

Founded in 2007 by a group of U.S. military veterans, Fisher Capital was originally an ambitious initiative that aimed to offer clients an avenue for secure investments, specializing in the provision of bullion coins—a rare commodity in the open market. But under the visionary leadership of Alexander Spellane, the company has rapidly grown, catapulting it to national prominence.

Investing in precious metals has seen a resurgence due to its low volatility and proven potential as a safeguard against inflation. As a prominent player in the precious metal retail industry, Fisher Capital seizes this opportunity to provide its clients with the security they seek in their investments. At Fisher Capital, the mission isn’t just to assist clients with their financial decisions, but also to educate them about the myriad possibilities that precious metals present in the world of investments.

Spellane, a young man who made his first million by the age of 27, rose through the ranks of the industry, learning, evolving, and ultimately creating a company that is more than a business; it’s a hub for financial literacy and empowerment. With a team comprising predominantly American patriots, Fisher Capital embodies the spirit of unity, resilience, and commitment, mirroring the characteristics of the precious metals it offers.

The recent expansion of Fisher Capital Group is a vivid testament to its extraordinary growth trajectory. Outgrowing its former Beverly Hills base, Fisher Capital has now established its headquarters at the former New York Times office in Los Angeles—a sprawling property that reflects the company’s exclusivity and ambition. Now home to more than 50 employees, Fisher Capital has grown significantly from its humble beginnings.

Spellane’s leadership has been pivotal in navigating Fisher Capital through market volatility, recent fluctuations in the crypto markets, and inflation. His ability to adapt to changing economic landscapes is reflected in the company’s consistent growth, demonstrating his belief that precious metals are a reliable long-term investment.

But what truly sets Fisher Capital apart is its commitment to its employees and its unwavering adherence to conservative values. As a company that places a high premium on patriotism, Fisher Capital is a welcoming space for military veterans, and conservatives, providing an environment that is conducive to their values. “Success is when opportunity meets preparation,” as Spellane once noted, and it is this guiding principle that fuels Fisher Capital’s ongoing expansion plans, with potential branches in Florida and Texas under consideration.

Fisher Capital Group prides itself on its value-driven approach, where serving clients takes precedence over merely selling products. It is this unshakeable commitment to client satisfaction that has endeared Fisher Capital to its customer base and contributed significantly to its success.

At Fisher Capital Group, precious metals are more than just a form of investment—they are a symbol of enduring value, resilience, and security. And it is this ethos that has solidified Fisher Capital Group’s position as a leading precious metal retailer, mirroring the inherent worth of the commodities it provides. At the heart of it all is Alexander Spellane, a beacon of ambition and expertise, leading his company towards uncharted territories of growth and prosperity.

To learn more about Fisher Capital Group and the extraordinary opportunities they provide, visit their website FisherCapitalGroup.com . Here you can explore their diverse range of precious metals offerings, become familiar with their unique approach to financial education, and better understand why Fisher Capital Group is rapidly gaining recognition as a leading destination for military veterans and conservatives seeking a career in a supportive, values-based environment.

The Deep State Phenomenon: How Lindell, Stone, Trump, and Spellane Stand Their Ground

jeffpechenik@gmail.com (Jeff Pechenik) — Mon, 21 Aug 2023 23:52:25 GMT

Originally posted on: USINSIDER.COM

High-profile conservatives Mike Lindell, Alexander Spellane, Roger Stone, and Donald Trump, have reportedly faced targeted actions by government enforcement agencies. The sense of being under siege has galvanized their followers, amplifying the voices of those who believe in a concealed power structure, often referred to as the ‘deep state,’ operating within the US government.

The deep state, according to American political conspiracy theory, comprises a covert network of federal government members, notably within the FBI and CIA, collaborating with top-tier financial and industrial figures. This unofficial alliance supposedly wields power parallel to, or even within, the elected United States government.

The term ‘deep state’ traces back to the 1990s as a descriptor of a suspected perennial shadow government in Turkey. The concept migrated into the lexicon of American politics during the Obama administration but gained mainstream recognition under the Trump presidency. Trump alleged a ‘deep state’ acting against him and his administration’s policy objectives.

This notion, coupled with Trump’s proclivity for Twitter, incited a surge in right-wing populist movements and the emergence of various conspiracy theory groups, including QAnon. The idea of a deep state is not entirely new; it echoes past notions, such as the military-industrial complex hypothesis, suggesting a covert alliance of generals and defense contractors benefiting from propelling the country into ceaseless conflicts.

With the advent of the latest administration, several individuals, including Lindell, Stone, Trump, and Spellane, perceive themselves as targets of the so-called deep state, with alleged measures taken against them by agencies like the DOJ, CFTC, FTC, SEC, and IRS. The charges are broad-ranging, from attempts to dismantle their businesses to tarnishing their reputations, actions perceived by these figures and their supporters as politically motivated.

Despite these alleged attacks on their professional and personal lives, these conservatives continue to take a stand for their beliefs, embodying a compelling argument for the power and importance of free speech. Their tenacity has earned them not just sympathy but also respect and admiration from their followers.

Public opinion polls conducted in 2017 and 2018 suggest that around half of all Americans believe in the existence of a deep state. However, it is essential to differentiate between the concept of the ‘deep state’ as an organized, centralized force working towards a shared goal, and the more benign interpretation of entrenched bureaucracy resistant to change. The latter is a universally acknowledged characteristic of large administrative systems, including those in democratic societies.

Regardless of one’s political leanings, the stories of Lindell, Spellane, Stone, Trump, and provide a poignant narrative on the perceived power dynamics in modern American politics. They represent an enduring discourse on freedom of speech, political power, and the challenges inherent in safeguarding democratic ideals. Their experiences prompt us to reflect on our understanding of our political system, opening up a broader conversation on the checks and balances that define our democracy.

While the deep state theory remains disputed, its resonance with a significant proportion of the American public attests to the potency of these narratives. Amidst this ongoing dialogue, these four conservatives continue to be figures of interest, their stories a testament to their convictions and resilience in the face of perceived adversity.

Alexander Spellane: Why High Net-worth Individuals Are Still Choosing Gold

jeffpechenik@gmail.com (Jeff Pechenik) — Mon, 21 Aug 2023 23:50:39 GMT

Originally posted on: Networth.US

In an era of unpredictable economies and digital currencies, many high net-worth individuals are steadfast in their preference for gold. One individual that strongly champions this cause is Alexander Spellane, CEO of Fisher Capital Group. A well-versed expert in the precious metals industry, Spellane offers a unique perspective on why physical assets like gold still hold sway, particularly amongst the affluent.

“High net worth individuals are still choosing gold because they know that nothing is safer than something they can hold in their hand,” Spellane asserts. The sentiment captures an age-old wisdom that has guided many an investor. While the reasons for this enduring preference vary, three fundamental elements repeatedly arise: hedging against inflation, wealth protection, and diversification.

As economies fluctuate and inflation looms large, gold, with its historical reputation as a secure asset, invariably becomes a favored choice. Precious metals such as gold and silver tend to be more desirable in times of high inflation, offering a protective shield against economic turbulence. While fiat currencies may weaken under inflation, gold usually maintains its value.

Alexander Spellane: Why High Net-worth Individuals Are Still Choosing Gold

When it comes to wealth protection, gold takes on an even more prominent role. Gold and silver, through their intrinsic value, can help soften the swings of investment portfolios during times of market turmoil. This stability becomes all the more attractive to high net-worth individuals, whose vast assets could be significantly impacted by market downturns. Fisher Capital Group, under Spellane’s leadership, has built a reputation as a seasoned precious metal IRA business. It ensures clients peace of mind, knowing their wealth is anchored securely in gold.

Lastly, diversification remains an essential strategy in effective wealth management. The 2008 financial crisis saw many Americans, even those with ample retirement savings, lose over half of their wealth. Diversifying into precious metals provides a safety net, reducing exposure to stock market volatility. An investment in gold is an investment in a tangible, finite resource that retains its value irrespective of the market conditions.

Despite not attending college, Alexander Spellane was a millionaire before turning 30. As the CEO of Fisher Capital, he helps high net worth investors diversify their portfolios with precious metals. Under his leadership, Fisher Capital has grown from 20 employees to over 50 in just over a year. Recently, to accommodate his expanding team, Spellane guided the company in taking over the Los Angeles office of the New York Times.

Alexander Spellane: Why High Net-worth Individuals Are Still Choosing Gold

While the allure of new investment strategies and digital currencies may seem tempting, the charm of gold has not faded. For high net-worth individuals, its ability to hedge against inflation, protect wealth, and offer portfolio diversification makes it an asset of choice. With Alexander Spellane’s guidance, individuals can make informed decisions about how to best incorporate gold into their financial strategies. His words continue to ring true: “Nothing is safer than something you can hold in your hand.”

Spellane’s Fisher Capital Group and his personal website offer an abundance of resources for those interested in learning more about investing in gold and precious metals.

Alexander Spellane America’s Youngest Gold CEO Educated Gen Z how to Invest in Gold

jeffpechenik@gmail.com (Jeff Pechenik) — Thu, 10 Aug 2023 13:11:21 GMT

Many Gen Z’s are great at saving money but reluctant to invest it. According to various reports, more than half of Gen Z’s aren’t investing. This perceived cold feet is traceable to several reasons, including fear of financial loss, lack of proper education, and the high cost of living. In addition, investing has become a bitter pill to swallow, especially with next to nil account balance post-bill payment. Also, considering the volatile nature of crypto and the stock market, most prefer to save the remaining amount. However, Alexander Spellane has a different opinion.

While saving is important and provides financial security, cash savings accounts are not the best place to put your money, especially in today’s economy. In most cases, your savings don’t grow at the same rate as inflation, and even though you will gain a dollar, you will have lost the buying power, says Alexander Spellane. This is why Alexander believes gold is one of the best investment options for Gen Z.

Alexander Spellane has invested in gold and is leveraging this to build generational wealth. He is the CEO of Fisher Capital, a precious metal retail company helping investors who want to diversify their portfolios by expanding into precious metals.

As a young investor, Alexander uses his brand to provide more information on gold investments and how Gen Z’s strategically position themselves to achieve financial freedom. He is also sharing bits of his journey and the lesson he learned.

Alexander has been holding gold for over ten years. He started his research on precious metals like gold which led him to the growing gold market, and in the spirit of progressiveness, he joined Fisher Capital. Fisher Capital has a long standing track record helping young and older investors find the perfect precious metals for their portfolios.

“Gold is a dollar-denominated asset. This means that the price of gold can increase with the value of inflation, showing one of the best positive correlations in an inflation economy, and a great way to preserve wealth. Gold is also simple and easy to liquidate. With increased demand and delays in new production, it is easy to sell your gold at any time,” says Alexander.

But most people don’t understand the workings of the gold industry and how to trade gold. Alexander uses his online platforms to highlight different investment options that are great for Gen Z. He dives deeper into gold investments and how you can grow your money by investing in precious metals.

Gold can create a tax advantage if purchased through an IRA, explains Alexander. Unlike crypto or stocks, which are highly volatile, gold is known to maintain a long-term value and is a great hedge fund against inflation and deflation. Gold is also a good portfolio diversifier.

As the gold industry continues to grow and its value increases, Alexander and his team at Fisher Capital are helping investors bag more precious metals into their investment portfolios. He is influencing Gen Z on ways to start investing in gold. Alexander says that one of his goals is to help more young people build their wealth through tangible investment options by sharing what he has learned so far. In addition, Alexander hopes to assist more than 1M people in protecting their assets and retirements with precious metals.

Alexander Spellane - CEO of Fisher Capital

jeffpechenik@gmail.com (Jeff Pechenik) — Wed, 09 Aug 2023 13:07:56 GMT

Originally from: ideamensch.com

Alexander Spellane is the CEO of Fisher Capital, a retailer for precious metals that helps high net worth investors diversify their investment portfolios. Despite not going to college, Alexander still managed to make his first million dollars before the age of 30. Alexander has focused on managing his team behind the scenes, serving clients, and supporting his community.

Since Alexander took over Fisher Capital, it has seen tremendous growth and has grown from 20 to now over 50 employees in a little over a year. Most recently, Alexander led Fisher Capital to take over the New York Times office, located in Los Angeles, to accommodate his growing team and facilitate his precious metal retailing. Alexander has hopes to lead Fisher Capital to become the nation’s number one precious metal retailer in 2022, and based on his growth in recent years, seems well within reach.

Where did the idea for Fisher Capital come from?

By chance. I originally got into sales because I wanted a 9-5 that supported my music career but ended up becoming passionate about sales and ditched music in the end.

What does your typical day look like and how do you make it productive?

I don’t ever have a typical day. I guess if I were to have a typical day, it would involve working with my team to help high net worth investors diversify their portfolios into precious metals.

How do you bring ideas to life?

I just believe in myself and do it. All it took for my current company to take off was for me to pick up the phone and put things in motion.

What’s one trend that excites you?

How volatile the stock market and crypto has been lately, because it gives more confidence to clients to invest in precious metals. Also, the fuzzy textured cloth that’s popular on furniture right now. I swear, 10 years from now everyone who sees my house will know I bought all my furniture in 2022.

What is one habit of yours that makes you more productive as an entrepreneur?

Discipline with work. All I do is work 12-16 hour days, every day.

What advice would you give your younger self?

Don’t ask anyone to do something I wouldn’t feel comfortable doing myself. Know that everyone’s perspective is different, so it’s important to practice empathy and understanding.

Tell us something that’s true that almost nobody agrees with you on.

Money doesn’t discriminate. It has no prejudice and will flow to anyone.

As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?

I recommend everyone consistently set short and long-term financial, mental, physical, and spiritual goals. I’ll often set unrealistic goals to challenge myself because even if I fail, the progress will still put me close to where I wanted to be.

What is one strategy that has helped you grow your business?

Rather than helping others replicate what I was doing, I focused on their strengths and weaknesses and helped them accordingly. Investing in people rather than processes really helped grow my business.

What is one failure you had as an entrepreneur, and how did you overcome it?

One failure I had was investing in cryptocurrency. I still haven’t overcome it financially. However, it did help me have more confidence in precious metals, so there was a benefit to learning this the hard way.

What is one business idea that you’re willing to give away to our readers?

Any business idea can be successful if you focus on marketing, sales and fulfillment. I will say that for anyone wanting to start their own business, using Facebook ads is an excellent way to gain traction.

What is the best $100 you recently spent? What and why?

I recently took an employee to lunch who was having a bad day. Immediately following the lunch, this employee’s productivity and confidence rose dramatically. Sometimes people just need to feel heard and seen.

What is one piece of software or a web service that helps you be productive?

I have the Jabra Engage 75 wireless convertible headset and that’s all I need to be productive. Its noise-canceling is incredible.

What is the one book that you recommend our community should read and why?

The Bible. There’s really no book better at teaching you life skills.

What is your favorite quote?

“It’s Time”, Bruce Buffer.

Key Learnings:

Nothing can beat hard work.

Try and practice gratitude daily.

The greater the sacrifice, the greater the reward.

Fisher Capital CEO Alexander Spellane Says Nothing Is More Manly Than Buying Gold

jeffpechenik@gmail.com (Jeff Pechenik) — Tue, 08 Aug 2023 13:03:36 GMT

Originally from: mensjournal.com

With people becoming disillusioned with the stock market and the crypto industry, another option attracting attention from central banks and individuals alike — gold.

The current economic landscape has been besieged with fears and worries. One such fear is that the stock market, which has been the vehicle for many people’s retirement, is too risky of an investment. Other options are available, such as crypto investing, but scams seem to lurk in every corner of this space. Additionally, this nascent industry is too volatile for someone seeking a safe retirement option. With so many people becoming disillusioned with the stock market and the crypto industry, another option seems to be attracting attention from central banks and individuals alike: gold.

Gold has long been considered a sign of wealth and success. It has been an important commodity in many cultures for centuries, with people trusting it to be the safest type of investment. But is it still so today? Can we still jump on the bandwagon and trust gold to stand the test of time?

Alexander Spellane believes there's never been a better time to invest in gold. In fact, he believes nothing is more manly than buying gold for several reasons, the main one being that it's the only form of money that doesn't rely on any government or institution for its value. Alexander is the CEO of Fisher Capital Group, a booming precious metal retailer company in the US, and has witnessed several indicators it's time to go for gold, literally.

Central banks are buying gold right now. The United States Central Bank has the largest gold reserves, 8,133.5 metric tons (MT), valued at US$528 billion. Germany comes second with 3,358.5 MT of gold, Italy third with 2,451.84 MT, France fourth with 2,436.5 MT, and Russia fifth with 2,301.64 MT. China, Switzerland, Japan, India, and the Netherlands hold positions six, seven, eight, nine, and ten, respectively. The IMF currently holds 2,814 MT, the third largest gold reserve in size.

Sepllane says the reasons for the central banks investing in gold are pretty similar to what other precious metal investors consider before investing. These are liquidity, independence from fiat currencies, a safe haven, a hedge against inflation, lack of risk, and diversification.

One question to ask before investing is always how liquid it is, i.e., whether people can easily buy or sell it at any time. Gold is one of the most liquid assets in the world because it has a wide variety of buyers and sellers around the globe. Gold also has no counterparty risk, meaning that when you buy gold, you maintain complete ownership and possession, as opposed to a third party holding custody of your assets.

Tax advantages are another reason to invest in gold. In the event of a retirement, a person's Social Security benefits may still be subject to income tax. However, it is possible to purchase gold through a self-directed IRA and reap the benefits of all the tax advantages of this type of account. Self-directed IRAs offer you much more flexibility than your typical 401k or Roth IRA, and your tax and investment advisor can help you make the best choice.

People have the right to take control of their finances. With the volatility in the economic landscape, diversifying your portfolio can help you minimize the hits you take should an investment fail. Spellane adds that holding gold and other precious metals also just feels good.

Fisher Capital Announces Diamond Sponsorship of Turning Point USA’s America Fest

jeffpechenik@gmail.com (Jeff Pechenik) — Mon, 07 Aug 2023 12:58:06 GMT

Originally on: APNEWS.com

Fisher Capital, " the fastest growing precious metals retailer in America ", is the Diamond Sponsor for this year’s Turning Point USA’s America Fest in Phoenix, Arizona.

LOS ANGELES, CA / ACCESSWIRE / December 8, 2022 / America Fest is an event that attracts thousands of attendees of all ages. The event is Turning Point USA’s flagship annual event. TPUSA is a 501(c)3 non-profit organization whose mission is to identify, educate, train and organize students to promote freedom. Fisher Capital Group is confirmed as this year’s Diamond Sponsor for the event which will take place at the Phoenix Convention Center from Saturday, December 17th, until Tuesday, December 20th.

The event agenda with times will be announced soon. For more information on the event and to get tickets, please visit https://amfest.com

Fisher Capital is the Diamond Sponsor of TPUSA’s America Fest 2022

Last year’s America Fest featured guests and speakers like Donald Trump Jr, Senator Ted Cruz, and Governor Sarah Palin. This year’s event is expected to be the biggest event of the year for the Conservative movement, and will feature notable speakers and leaders such as Charlie Kirk, Tucker Carlson, Steven Bannon, Candace Owens, and more.

America Fest will also feature six country artist performers, including Riley Green, Chase Rice, Raelynn, and more. As the Diamond Sponsor, Fisher Capital Group will be one of the top supporters of this exciting event, with the CEO Alexander Spellane also planning on hosting a break-off event on site for anybody interested in learning more about investing in gold and precious metals.

Alexander Spellane, known as one of America’s top gold experts stated, " We are so excited to participate as the Diamond Sponsor for the upcoming America Fest. This event draws thousands of people from all over the country, and we look forward to associating ourselves with this highly-attended event. We are grateful that our success as a precious metals retailer allows us to support organizations and events that we care about, which is why we chose to be the Diamond Sponsor for the largest conservative-focused event in the movement.”

About Fisher Capital:

Fisher Capital is a Conservative-owned precious metals, gold, and silver investment company that specializes in IRAs. Forbes named Fisher Capital the fastest growing precious metals company in America, and Success Magazine called the CEO one of America’s youngest gold experts. The company currently has the highest rating achievable in the precious metals industry.

For more information about Fisher Capital Group, go to www.fishercapitalgroup.com.

About Turning Point USA :

TPUSA is a 501(c)3 non-profit organization whose mission is to identify, educate, train and organize students to promote freedom. This year they will be hosting the second annual AmericaFest at the Phoenix Convention Center from Saturday, December 17th, until Tuesday, December 20th.

For more information about Turning Point USA’s America Fest, go to www.amfest.com.

Contact: Glazers Media - Vito Glazers

Email: Press@GlazersMedia.com

SOURCE: Fisher Capital

View source version on accesswire.com:

https://www.accesswire.com/731033/Fisher-Capital-Announces-Diamond-Sponsorship-of-Turning-Point-USAs-America-Fest

by Taboola

Top 5 Reasons Why Americans Should Buy Gold

jeffpechenik@gmail.com (Jeff Pechenik) — Thu, 03 Aug 2023 15:00:00 GMT

Originally from: Dailycaller.com

Gold is one of the most prized minerals in the world due to its high price and distinctive characteristics. Many people are unaware of its versatility and contributions to daily life because it is most frequently associated with jewelry.

Alexander Spellane is the CEO of Fisher Capital, a full-service, conservative-owned and operated retail precious metals company specializing in IRAs. Alexander became a self-made millionaire by the age of 27 and, according to Success.com, he is America’s youngest gold expert. Alexander also took over the NYT office space in Los Angeles and has hired dozens of US veterans as employees at Fisher Capital.

According to the young gold millionaire, there are numerous reasons why Americans buy gold. The five top reasons are:

Gold Metal IRAs Can Have Significant Tax Benefits

In Alexander’s opinion, tax advantages are one of the benefits of investing in gold. Although income tax may still apply to a person’s social security benefits after retirement, you can use a self-directed IRA to buy gold and take advantage of all the tax breaks offered by this kind of account. Compared to a typical 401k or Roth IRA, self-directed IRAs give you a lot more flexibility, and your tax and investment expert can help you determine the best option.

Gold Can Protect Against Inflation Risks

Gold is a haven and an inflation hedge. It typically costs more as inflation reduces the purchasing power of the dollar. Gold owners are therefore hedged against a declining dollar since the price of each ounce of gold in terms of dollars will increase as inflation soars and devalues the worth of the dollar. As a result, the investor receives more money for each ounce of gold as compensation for this inflation.

It’s a Good Way to Save Money for the Future

Alexander suggests it would be wise for younger people to diversify their portfolios to pursue gold. “Spreading your money among various investment types, as opposed to locking it up all in stocks and bonds, may help you better manage risk and return. You’ll increase your chances of seeing your money grow by investing a portion of your money in gold in addition to your other investments,” the Fisher Capital CEO adds.

Easy to Buy and Sell in the Market

Due to its numerous buyers and sellers worldwide, gold is considered one of the most fungible assets. Gold has no counterparty risk, so you retain full ownership and possession when you purchase it rather than having a third party keep track of your assets.

Portfolio Diversification

Finding investments that are not highly correlated to one another is the key to diversification; historically, gold has negatively correlated to stocks and other financial instruments. This is shown by recent history: the 1970s were excellent for gold but terrible for stocks; the 1980s and 1990s were excellent for stocks but terrible for gold, and 2008 saw stocks fall significantly as investors flocked to gold. To lower overall volatility and risk, well-diversified investors include gold in their portfolios, bonds, and stocks.

In addition to the above reasons, the self-made millionaire stated that gold does not require much maintenance. “It can be passed on easily to the next generations, and its price stability is a plus. Again, holding it in your hands feels good, and nothing is manlier than buying and owning gold.”

When asked about the future, Spellane said he looks forward to the day Fisher Capital will become America’s largest precious metals dealer.

Fisher Capital Group Announces Partnership with Salem Media Group to Offer a Strategic Marketing Approach

jeffpechenik@gmail.com (Jeff Pechenik) — Thu, 03 Aug 2023 14:45:00 GMT

From: NASDAQ.com

Los Angeles, California--(Newsfile Corp. - February 14, 2023) - Fisher Capital Group, a leading financial firm offering a strategic marketing approach to conservative audiences, is proud to announce its partnership with Salem Media Group, America's leading media company serving the nation's conservative communities.

Fisher Capital Group, a leader in financial planning and wealth management, is excited to partner with Salem Media Group and reach new and diverse audiences. The partnership, which began in late 2022, has already seen great success in marketing Fisher Capital Group's services to conservative audiences.

"We are thrilled to be partnering with fellow conservatives at Salem Media Group to reach audiences we believe are uniquely underserved in today's climate," said Alexander Spellane, CEO of Fisher Capital Group. "Our goal is to educate conservatives on the unique position they're in to diversify their interests and enjoy financial security, and we believe Salem is the ideal partner to help us achieve this goal."

This partnership is set to bring new and exciting marketing opportunities to both Fisher Capital Group and Salem Media Group. The companies are dedicated to educating conservative audiences and providing them with innovative and strategic solutions to achieve their financial goals.

Salem Media Group, a leading radio broadcaster, internet content provider, and publisher, serves audiences interested in Christian and family-themed content and conservative values. In addition to its radio properties, Salem owns Salem Radio Network, Salem Radio Representatives, Salem Web Network, and Salem Publishing. With 101 radio stations in the top 25 markets, Salem is well-positioned to reach a large and diverse audience.

For more information, please visit https://fishercapitalgroup.com and https://salemmedia.com.

What Makes Alexander Spellane Extraordinary Among America’s Young Gold Experts

jeffpechenik@gmail.com (Jeff Pechenik) — Tue, 01 Aug 2023 14:30:00 GMT

Originally From: Forbes.com

In recent times, various investment options have become prevalent in the financial sector, such as cryptocurrencies and non-fungible tokens. These digital investments are gradually gaining more attention than conventional stocks and real estate. However, investment in precious metals like gold still stands out due to its lower volatility and potential for high returns. The 2008-2009 recession demonstrated the downsides of the financial market and was a cause for alarm for retirees who relied solely on market trends for their survival. This period marked the resurgence of precious metals as a safe form of investment for younger generations, offering reliable returns despite market uncertainties and fluctuations in currency exchange rates.

Alexander Spellane is a renowned figure in the U.S. precious metal sector. Through his company Fisher Capital, he assists individuals in diversifying their portfolios. Fisher Capital is one of the fastest-growing precious metal retailers in America, with a well-established reputation. Spellane, along with a team of veterans, established the company, which provides comprehensive services for precious metal investment, from consultation to setup. The company’s mission is to assist first-time investors and those seeking financial stability after retirement.

Fisher Capital is highly regarded among precious metal retailers, with top reviews on reputable online platforms such as TrustPilot, Consumer Affairs, and Google. This is due to the company’s commitment to educating its clients about their precious metal options. Under the leadership of CEO Alexander Spellane, Fisher Capital has reached new heights, processing millions of precious metal transactions each month. Despite not having a college education, In his late twenties, Spellane achieved his first million and has become a seasoned financial sales entrepreneur.

Spellane initially worked a 9-to-5 job in sales to support his music pursuits, but he was familiar with precious metals from a young age due to his father’s coin collection. He utilized his knowledge of precious metals to excel in his sales job and soon became passionate about the sales industry, leading him to leave his music career behind and focus on precious metals. Thanks to his expertise in exclusive bullion coins, Fisher Capital has become a well-respected leader in the industry. Many of the products offered by the company, such as limited mintage coins, are highly sought-after assets that are not readily available in the precious metal market.

The business model at Fisher Capital is simple. It earns revenue by buying precious metals at wholesale prices and reselling them at retail prices. The company started with a five-person team based in Beverly Hills and has since grown, now employing over 50 people. Recently, Fisher Capital took over the Los Angeles office of The New York Times to accommodate its expanding team. With a founding team made up of veterans who have a deep understanding and passion for precious metals, it was clear that Fisher Capital would continue to reach new heights each year.

After years of hard work and leadership, Spellane is now content to see the team flourish. Everyone at Fisher Capital who fell in love with the process managed to build a solid career in the precious metal industry. Spellane believes that serving clients alone cannot lead to the full-fledged growth of the company. It also needs the strong support of the community or the team working behind it.

Building strong work ethics by maintaining discipline at work has helped Spellane scale up the productivity level at Fisher Capital, which in return, brought success to the company. According to Spellane, a leader should never ask his team to do something that he is not capable of doing. Practicing empathy and understanding has been the pillars of team building at Fisher Capital. Investing in people and understanding their strengths and weaknesses, rather than only focusing on process, has helped him replicate success. He also knows that money doesn’t discriminate against anyone. It comes to those who work hard and also to those who make good financial decisions. This principle has benefitted both employees and clients at Fisher Capital.

Inspired by the teachings of the Bible, Spellane credits his success to the lessons he learned from it. He firmly believes that hard work is the key to success and that significant sacrifices lead to even greater rewards. Being a grateful person, Spellane is always appreciative of the effort put in by his team in elevating Fisher Capital to its current stature. With the remarkable growth the company has experienced so far, Spellane aspires to make Fisher Capital the top precious metal company in the United States.

Fisher Capital caters to accredited investors seeking to diversify their portfolios. Offering a wide range of bullion coins and providing professional guidance to new investors, Fisher Capital goes above and beyond to meet all of its clients’ needs. The company sets itself apart from its competitors by educating clients on how to take control of their finances and achieve their personal goals. Spellane leads by example, coaching his team to manage client expectations and ensure that all clients are fully informed about the options available in the precious metal market. This dedication to educating clients is what helps them find peace of mind in retirement.

How Alexander Spellane Became America's Youngest Gold Expert

jeffpechenik@gmail.com (Jeff Pechenik) — Mon, 31 Jul 2023 14:30:00 GMT

Originally posted on: Dailycaller.com

He’s not your typical gold expert.

Gold has always been a mainstay of the investing world. In times of economic uncertainty and crisis, gold is considered a smart way to park wealth, as it is free from the volatility and risk of other types of assets.

One person who has followed gold’s value and importance over the last few years is Alexander Spellane, a young entrepreneur and CEO based in Beverly Hills. At just 30 years old, Spellane is one of America’s youngest gold experts, and he credits the yellow metal with giving him financial security at such a young age.

But how did he get here? Let’s take a look at his story:

Spellane developed an interest in precious stones from a young age, as his father loved collecting unique coins. As a result, he took advantage of every chance to increase his knowledge of precious metals. This paid off, and he became successful. Afterward, his love for the sales industry only kept growing, and he later even decided to quit his music career to focus on precious metals.

As a result of this hard work, impeccable leadership, and dedication, Spellane has built a flourishing company( Fisher Capital-one of the USA’s fastest-growing and best-reviewed precious metals retailers) with a strong team. The company offers management, consulting, advisory services, financing, and research for investors seeking to invest in gold, silver, and other precious metals.

In addition to being recognized for its stellar investments, Fisher Capital has been recognized for its remarkable growth. The company has grown from a two-person operation to employing over 20 people.

Spellane attributes this success to his leadership style and focuses on growing the business. He is constantly focused on improving the quality of services offered by Fisher Capital and creating new revenue streams.

“To continue growing, we have to adapt our approach continually,” he said. “I believe in building a culture where everyone is engaged in finding ways to improve the company.”

His company also strives to guide and educate first-time precious metals investors and buyers about their options and achieving financial security post-retirement. His company works with a variety of clients looking to diversify their investment portfolios. In addition, Spellane goes the extra mile when catering to clients looking for professional expertise in precious metals. What sets Fisher Capital from its competitors is the zeal to mentor clients to take control of their finances while identifying their individual goals.

His Advice To People Interested In Trading Precious Metals And Coins

Aside from working in the precious metals retail business, Spellane also dedicates his focus and passion to advising and guiding those looking to enter the precious metals industry.

For anyone looking to get into the precious metals and coins industry, Spellane believes in creating a strong support system from your team and community. Maintaining discipline and building strong work ethics help build up productivity. Also, as a leader, don’t ask your team to do something you can’t do yourself.

Spellane believes it’s important to always be aware of the risks associated with trading in precious metals and coins. You should also be aware of your financial situation when making any investments.

He also encourages those interested in purchasing precious metals to learn about them online. “I try to do my research before I invest so I can make educated decisions,” he said.”If you’re going to invest, it’s important to read up on what each metal is made of and how it’s valued.”

His predictions on the future of precious metals.

Spellane has made bold predictions about precious metals as one of the world’s youngest gold experts. Spellane has predicted that gold will continue to be a smart way to build security for the future.

Spellane’s predictions are based on the fact that gold has always been perceived as a good option for storing wealth in times of volatility. Sometimes its not about how much something appreciates in value, but how to minimize risks. Spellane is also very vocal about his beliefs, mainly that Americans are investing in companies that don’t share their values.

Recently Spellane’s company, Fisher Capital, was the Diamond Sponsor of Turning Point USA’s America Fest. He wants his clients to know that when they choose to do business with Fisher Capital, they are vicariously supporting great programs and organizations that promote conservative values.

His final remarks on trading precious metals

Alexander believes that buying or selling precious metals can be profitable and satisfying, but it’s not for everyone. If purchasing precious metals sounds interesting, the best way is to get involved is with a reputable company like Fisher Capital that can teach you everything you need to know about getting involved with precious metals.

Fisher Capital Helps Bring Turning Point USA's AmFest To 15,000 Fans In Phoenix

jeffpechenik@gmail.com (Jeff Pechenik) — Tue, 25 Jul 2023 15:48:06 GMT

Originally posted on OKMagazine.com

Turning Point USA, a non-profit organization that advocates for conservative politics on high school, college, and campuses, recently held its annual Turning Point USA America Fest. The four-day event, which had 15,000 in-person attendees (an improvement from last year's 10,000), brought together high-profile names and industry leaders like Tucker Carlson, Donald Trump Jr, Candace Owens, Charlie Kirk, and more. The 2022 Turning Point USA AmFest was sponsored by Fisher Capital Group , one of the fastest-growing precious metal retailers in the US.

The Fisher Capital Group announced its 2022 Diamond Sponsorship of Turning Point USA's America Fest, held in Phoenix, Arizona. The group, which has been highly involved in community issues, helped bring Turning Point USA's AmFest to 15,000 fans.

In the past, Fisher Capital Group has been involved with helping veterans and supporting students. The company hires veterans to help them get back on their feet. As a full-service Christian/conservative-owned and operated company, Fisher Capital Group uses its resources to support its cause and give back to the community.

The group has over 50 employees and recently had to expand its offices. Mid-last year, Fisher Capital Group took over the New York Times's office in LA. According to the CEO, Alexander Spellane, they are looking to open other offices in Florida or Texas.

Their approach to serving their clients and involvement in community activities set them apart. Fisher Capital Group's main goal is to help clients safely navigate the growing precious metal market, and they have participated in talks with others in the industry.

During the recently concluded Turning Point USA AmFest, Alexander Spellane, the company's CEO, alongside Donovan Strydom and Nicholas Durst, two of the vice presidents, met with key speakers to discuss the future of gold and silver in the US and what needs to be done differently. Several of their agents were also present and talked with others at the event. Andrew Angulo, Joseph Bernstein, Parker Ellman, and Tylor Grimes, and other Senior Executives of Fisher Capital Group, were interviewed by the media.

The demand for precious metals like gold, silver, and platinum is increasing due to lifestyle changes and rising client disposable incomes. Many people are looking into secure investments, which include the precious metal market.

Fisher Capital Group works with high-net-worth investors looking to diversify their investment portfolios. They leverage their broad experience and connections in the industry to help their clients achieve this. They also help the public better understand precious metals and how they can use them to invest and grow. Fisher Capital Group coaches and mentors their clients on how to take control of their finances and identify investment options.

Their team of metal IRA experts helps clients learn more about gold and silver investing and how to protect their IRA and 401K.

Fisher Capital Group's portfolio includes gold and silver IRAs and gold and silver bullion. The company is one of the few precious metal retailers worldwide that have access to exclusive bullion coins.

Fisher Capital: The Gold Company Becoming a Conservative Haven for Veterans in LA

jeffpechenik@gmail.com (Jeff Pechenik) — Tue, 25 Jul 2023 15:45:18 GMT

Originally posted on LAWeekly.com

Despite the increase in the number of investment options like crypto, NFTs, etc. investment in precious metals never went out of style. This is because of its low volatility, which can provide huge protection against inflation. The US-based metal retail company, Fisher Capital , is helping people leverage this incredible investment option to not just safeguard their savings but also grow their wealth irrespective of the market. Fisher Capital is a company founded by a group of US military veterans. The company stands out in the industry for offering bullion coins, which are rarely available in the open market.

Incorporated in 2007, Fisher Capital quickly became the top precious metal retailer in the nation. It was ranked among “America’s Fastest Growing Precious Metals Companies” by Forbes. It all started with industry veteran Alexander Spellane’s growing interest in precious metals. Alexander Spellane is the founder and currently, the CEO of Fisher Capital. Raised in Cleveland, he found himself inclined to finance and investment rather than the business of music.

Alexander gradually worked his way to become the vice president of a precious metal retail firm. Shortly after learning the insights into the market and the incredible investment opportunities, he went on to start his own investment company, Fisher Capital. At 27, Alexander earned his first million dollars from the precious metal retail industry and knew there was no looking back. After learning the ins and outs of precious metal investments, he wanted to provide a higher level of service to his clients. With a goal to educate people on better ways of investing in precious metals, Alexander founded Fisher Capital and has stayed true to his mission.

Currently, Fisher Capital works with high-net-worth investors. The company diversifies investment portfolios with precious metals investments. Fisher Capital not only guides clients to identify all investment options but also educates them to take control of their finances. Besides its unparalleled customer services, Fisher Capital also makes access to bullion coins easier for clients. Bullion coins are highly sought-after currency in limited mintage and are difficult to get in the open market.

Recently, Fisher Capital outgrew its current location and took over the New York Times office in Los Angeles, a sprawling property that was in huge demand among companies. With this development, Fisher Capital found more space to train professionals and build a larger team to boost growth in the future. The team mostly comprises American patriots, who put their lives on the line to safeguard their country. The majority of the clients are also military veterans.

With the recent setback in the crypto and NFT space, investment in gold has seen a steep rise. Fisher Capital leveraged this opportunity to reach new heights and enhance its customer services. Alexander believes that precious metals are a critical element of a diversified investment portfolio. It is one of the best ways to inflation-proof the investment and achieve long-term financial security. Diversifying investment portfolios is the core service provided by Fisher Capital, and it will remain the same irrespective of the market condition in the future. With this principle, Alexander wants to scale Fisher Capital further offering true value to the clients instead of only selling products.

Fisher Capital Announces Diamond Sponsorship of Turning Point USA's America Fest

jeffpechenik@gmail.com (Jeff Pechenik) — Tue, 25 Jul 2023 15:35:03 GMT

Originally posted on Yahoo Finance

Fisher Capital, " the fastest growing precious metals retailer in America ", is the Diamond Sponsor for this year's Turning Point USA's America Fest in Phoenix, Arizona.

LOS ANGELES, CA / ACCESSWIRE / December 8, 2022 / America Fest is an event that attracts thousands of attendees of all ages. The event is Turning Point USA's flagship annual event. TPUSA is a 501(c)3 non-profit organization whose mission is to identify, educate, train and organize students to promote freedom. Fisher Capital Group is confirmed as this year's Diamond Sponsor for the event which will take place at the Phoenix Convention Center from Saturday, December 17th, until Tuesday, December 20th.

The event agenda with times will be announced soon. For more information on the event and to get tickets, please visit https://amfest.com

Fisher Capital is the Diamond Sponsor of TPUSA's America Fest 2022

Last year's America Fest featured guests and speakers like Donald Trump Jr, Senator Ted Cruz, and Governor Sarah Palin. This year's event is expected to be the biggest event of the year for the Conservative movement, and will feature notable speakers and leaders such as Charlie Kirk, Tucker Carlson, Steven Bannon, Candace Owens, and more.

Alexander Spellane, known as one of America's top gold experts stated, " We are so excited to participate as the Diamond Sponsor for the upcoming America Fest. This event draws thousands of people from all over the country, and we look forward to associating ourselves with this highly-attended event. We are grateful that our success as a precious metals retailer allows us to support organizations and events that we care about, which is why we chose to be the Diamond Sponsor for the largest conservative-focused event in the movement."

About Fisher Capital:

Fisher Capital is a Conservative-owned precious metals, gold, and silver investment company that specializes in IRAs. Forbes named Fisher Capital the fastest growing precious metals company in America, and Success Magazine called the CEO one of America's youngest gold experts. The company currently has the highest rating achievable in the precious metals industry.

For more information about Fisher Capital Group, go to www.fishercapitalgroup.com .

About Turning Point USA :

For more information about Turning Point USA's America Fest, go to www.amfest.com .

Contact: Glazers Media - Vito Glazers

Email: Press@GlazersMedia.com

Trader who predicted 2008 financial crisis bets $1.6bn on stock market crash by end of 2023

jeffpechenik@gmail.com (Jeff Pechenik) — Thu, 20 Jul 2023 16:13:27 GMT

From: Independent.CO.UK

An investor who was featured in the film The Big Short after he correctly bet on the housing market collapse in 2008 has now predicted that a Wall Street crash will take place by the end of this year.

Michael Burry , played by Christian Bale in the 2015 film directed by Adam McKay , is reported to have bet more than $1.6bn (£1.25bn) on the event happening in 2023.

Security Exchange Commission filings released on Monday show that he has taken out negative options on the S&P 500 and the Nasdaq 100 – both of which are representative of the US economy at large.

Mr Burry is reported by CNN to be using more than 90 per cent of his portfolio to bet on the market downturn.

His fund, Scion Asset Management, was shown to have bought large stakes in put options against both stock-market indexes. Put options give the right to sell an asset at a particular price.

Mr Burry bought $866m (£679m) in put options against a fund that tracks the S&P 500, and $739m (£580m) in put options against a fund that tracks the Nasdaq 100.

His bet comes as the S&P 500 has risen 16 per cent and the Nasdaq 100 38 per cent already this year.

Mr Burry became famous for his market movements in the mid-2000s, when he bet against the housing market during events that led to the worldwide recession.

It seems that he does not always get it right, however. In January, he tweeted the word “Sell” to his 1.4 million followers, but then in March he wrote “I was wrong to say sell”.

As of 17 August, his account appears to be inactive without any tweets whatsoever, after he deleted his activity in a stand against Elon Musk.

‘The Big Short’ was initially a bestselling book by Michael Lewis before it was adapted into the film, which also starred Steve Carell, Ryan Gosling and Brad Pitt.

Bale said in 2015, of meeting and playing Mr Burry: “He’s a man who knows himself incredibly well, and has a brain unlike any brain I’ve ever come across in my life, and who has not only this great understanding and love of numbers and feeling for numbers, but incredible emotion for the consequences.

“He completely understood what was happening here. Viewed himself not as a hero in the slightest.”

The S&P 500 could crash nearly 50% as a brutal recession takes hold, veteran technical analyst warns

jeffpechenik@gmail.com (Jeff Pechenik) — Tue, 18 Jul 2023 16:10:11 GMT

FROM: BusinessInsider.com

The S&P 500 could crash nearly 50% as the US economy sinks into a severe recession, a veteran technical analyst has warned.

"There's something very, very wrong with this market," Milton Berg said on the latest episode of the "Forward Guidance" podcast. Berg, who runs his own advisory firm, and has previously worked as a commodities analyst and trader, fund manager, and advisor to elite investors like George Soros and Stanley Druckenmiller, laid out a raft of reasons why he's deeply worried about the stock market's outlook.

For one, Wall Street has grown too complacent about the risk of a recession, he said.

"The reality is the economy has been weak and might get weaker," he said. "It's more likely now we'll get a recession than any time in the last two years."

Most investors have moved on from Silicon Valley Bank's collapse this spring. Berg cautioned that other banks, pension funds, endowments, and similar institutions have likely suffered deep cuts to the value of their fixed-income portfolios, as interest rates have surged over the last 18 months or so.

"SVB is just a canary in the coal mine, tip of the iceberg," he said.

Berg also pointed to a raft of technical indicators showing a lack of momentum that's more consistent with a bear-market rally than a bull market. Moreover, he warned a rare decline in the money supply earlier this year could be a "killer for stocks."

"The market has very, very weak legs that it's standing on," he said. "This is what you sort of see at market tops, where the liquidity that supposedly drives up all markets ... only a handful of stocks are moving up."

The chart expert likened the stock market to a "drunkard trying to walk on a tightrope" where "any little shift of wind could knock you over."

Berg said he anticipated that a brutal recession, and potentially a banking crisis, could tank the S&P 500 by more than 20% to below its October low — and could even pull it down by 45% or more to its pandemic low of below 2,500 points.

Fisher Capital Sponsoring Turning Point Action Conference in West Palm Beach July 15 and 16th 2023

jeffpechenik@gmail.com (Jeff Pechenik) — Thu, 13 Jul 2023 15:13:28 GMT

From: USReporter.com

Fisher Capital, a full-service, conservative owned & operated precious metals company, has made a notable impact on the precious metals industry in the United States. The company’s unprecedented growth can be attributed to its young leaders – Alexander Spellane, Donovan Southwood Strydom, and Nicolas Durst – whose remarkable life stories are as precious as the metals they trade.

As Fisher Capital grows, it continues to contribute to the future of America through its support for organizations like Turning Point USA. The company is proud to be sponsoring the Turning Point Action Conference in West Palm Beach on July 15th and 16th, 2023. This commitment ensures that customers’ profits are channeled into supporting organizations focused on preserving and promoting conservative values, rather than ending up in the coffers of a ‘woke liberal Wall Street’ company.

The event will host speakers like its founder Charlie Kirk, Tucker Carlson, and is even scheduled to have an appearance by former President Donald J. Trump. The event is expected to host about 4,000 attendees, mostly high school and college students with conservative values.

Alexander Spellane, CEO of Fisher Capital Group, marked his debut in the precious metals industry with an impressive milestone, making his first million at 27. Guided by his knack for selling and relationship building, Spellane resolved to establish the finest gold and silver agency in the country. His focus on top-notch customer service and assembling a team of industry veterans has driven Fisher Capital’s rapid rise to the top.

Joining him is Donovan Southwood Strydom, Senior Vice President of Fisher Capital Group. Immigrating to the U.S. with his single mother and a mere $5,000, Strydom overcame significant hurdles to scale the heights of success. Currently, he oversees daily sales and operations and has managed over $50 million in precious metals.

Vice President Nicolas Durst, an Army Paratrooper veteran hailing from California, displays his mettle as a resilient leader and committed sales professional. His leadership has resulted in the largest transactions in Fisher Capital’s history and a deserved role as Vice President and Broker of the Year.

While their ages might suggest otherwise, Spellane, Strydom, and Durst have quickly ascended to the summit of the precious metals industry. Their accomplishments speak volumes about their determination, leadership, and commitment to their clients.

Spellane, Strydom, and Durst envision a bright future for Fisher Capital. Their goal is not just to make it the nation’s number one precious metals company, but also to secure financial security for all Americans. Their commitment to providing top-tier after-sales service and offering clients superior investment opportunities outside traditional avenues sets Fisher Capital apart.

As the world’s largest precious metals retailer, Fisher Capital is poised to revolutionize the industry. Backed by its impressive leadership and unwavering commitment to customer satisfaction, the company is set to shine brightly in the precious metals industry.

The S&P 500 is massively overvalued - and likely to plunge like it did last year, top economist David Rosenberg says

jeffpechenik@gmail.com (Jeff Pechenik) — Wed, 12 Jul 2023 16:16:18 GMT

From: BusinessInsider.com

Get ready for a repeat of last year's slump in stocks, as investors wake up to the mounting risks in markets today, David Rosenberg has warned.

The Rosenberg Research president pointed to deflation in China, the prospect of higher borrowing costs for the US government after Fitch downgraded the country's credit rating, and a looming credit crunch after Moody's cut the credit ratings of several US regional banks. He also singled out the resumption of student-loan payments in September as a likely drag on young Americans' future spending.

"The stock market simply does not understand, or more charitably does not appreciate," those headwinds, Rosenberg said in a video uploaded to his firm's YouTube channel on Tuesday.

"It would be one thing if the S&P 500 was priced for these imperfections, but instead it is priced for perfection," the former chief North American economist at Merrill Lynch added.

Rosenberg explained that the equity-risk premium, or the projected difference in returns from stocks versus safe assets like government bonds, has tumbled to two-decade lows. Moreover, S&P 500 companies' valuations are in the top 9% of expensiveness in the index's history, he said.

The veteran economist noted his firm's Strategizer tool, which models future returns for different assets and markets, is now showing its lowest score for the S&P 500 since January 2022. He pointed out that the benchmark index slumped nearly 30% during the next nine months last year, as price-to-earnings multiples receded toward historical averages.

"We should expect a déjà vu, especially with interest rates so much higher than they were back then," Rosenberg said.

Investors should avoid the "uber-expensive" US stock market, and instead buy "undervalued and deeply shorted" US Treasuries, Rosenberg argued. He also touted stocks in Canada and Asia — excluding China given the geopolitical risks of parking money there now — as well as gold, a traditional haven asset.

Rosenberg has been pounding the alarm on stocks and economic risks for a while. In a recent research note, he compared the current hype around stocks to the mania that preceded the Great Crash of 1929, the dot-com bubble's implosion in the early 2000s, and the housing market's collapse in 2008.

Moreover, he warned that American consumers are burning through their savings and racking up credit-card debt as they weather historic inflation and sharply higher interest rates. They're now "at the end of the rope," paving the way for a painful recession, he said.

FISHER CAPITAL REVIEW 2022

jeffpechenik@gmail.com (Jeff Pechenik) — Thu, 27 Apr 2023 15:14:30 GMT

Contributed By Ammar Rangwala…

There are many precious metal dealers, and it is essential to conduct the proper due diligence and research when picking the right choice. Make sure there are great customer reviews, and customer service exhibits professionalism and knowledge with the appropriate information provided. Verifying this through a phone call or even an email is important. This Fisher Capital Group review will discuss the company’s history, pros, cons, pricing, reviews/ratings, and what you will need to open up an account.

WHAT IS A GOLD IRA COMPANY?

Gold IRA companies are investment firms that specialize in helping people invest in gold and other precious metals. They can help you set up and maintain a self-directed IRA that allows you to invest in gold, silver, platinum, and palladium. Some Gold IRA companies also offer storage and shipping services for your metals, and gold IRA companies usually charge annual fees for their services.

When you invest in a Gold IRA, you are investing in a physical asset that has been used as a currency and store of value for ages. Gold is a tangible asset that can be held in your hand, making it an ideal investment for those looking for more than paper assets. Gold is also a hedge against inflation and economic uncertainty.

If you are looking for an option to diversify your investment portfolio and safeguard your wealth, a Gold IRA may be the right choice for you. Contact a reputable Gold IRA company today to learn more about how you can add gold to your retirement account. It is also wise to read about 7 Gold IRA Scams to Avoid to educate yourself.

WHO IS FISHER CAPITAL GROUP?

Forbes Magazine rated Fisher Capital as one of America’s 5 Fastest Growing Metals Companies.

Fisher Capital Group is a Christian/Conservation owned company and can help clients invest gold and other precious metals into IRA accounts. They are located in Beverly Hills, California, and its CEO is Alexander Spellane. They pride themselves on faith, integrity, selfless service, commitment, and transparency. They also have membership in the following precious metals industry organizations: Numismatic Guaranty Company (NGC), National Coin and Bullion Association (NCBA), American Numismatic Association, and PCGS.

WHO IS THE DEPOSITORY FOR FISHER CAPITAL?

Fisher Capital works with some of the top depository firms, which helps provide flexibility for their clients. The firms are Delaware Depository, International Depository Services Group, and Brinks. All depository firms are located in the United States and are appropriately secured and insured.

WHO IS THE CUSTODIAN FOR FISHER CAPITAL?

Fisher works with the Strata Trust Company as their custodian of record. They are also located in the United States (Texas, to be exact). Strata Trust Company was founded in 2008 and is a part of Horizon Bank SSB. You can learn more about the company here .

WHAT TYPE OF PRECIOUS METALS DOES FISHER OFFER?

Fisher offers various gold and silver coins that are approved and meet IRA compliance standards. Here are a few examples:

Gold Canadian Arctic Fox
Silver St. Helena Sovereign
Gold Battle of the Coral Sea
Silver Australia Crocodile
Gold Austrian Philharmonic
Silver Australian Kangaroo

If you are interested in seeing the complete list, you can check them out here .

PROCESS:

Create your Fisher Capital Gold IRA account by calling us at 1-800-617-5373 .
You will need to work with your existing company and do either a transfer or an IRA rollover of the funds to your new precious metals IRA account. You can do a current gold IRA rollover as well.
Select the assets of your choice.

WHAT ARE THE PROS OF FISHER?

Fisher Capital has done a great job establishing a footprint in a competitive industry. They are backed by solid customer reviews, top ratings with BBB and Trustpilot, and membership in four prominent precious metals organizations. This, combined with the fact that the CEO has had extensive experience in the precious metals industry and top-notch customer service, it’s hard to find any negatives. As always, ensure you are doing the appropriate research and asking questions to make the best decision for your investment and funds.

WHAT ARE THE CONS OF FISHER?

It may be worth clarifying the pricing and minimum investment to open a precious metals IRA. People want to know upfront what they are getting into, which could help make the decision even more accessible. In addition, discussing whether you can ship your precious metals outside a depository would also be beneficial. Another point would be to discuss the type of rollover accounts eligible for a precious metals IRA.

WHAT TYPE OF REVIEWS DOES FISHER CAPITAL HAVE?

In addition to the membership of 4 prestigious precious metals organizations, Fisher Capital has received stellar reviews and top ratings with Better Business Bureau, Trustpilot and is accredited with Consumer Affairs. Trustpilot has rated Fisher Capital a 4.8 out of 5, and most customers can reach customer service and confirm that the information provided is satisfactory. BBB has provided an A+ rating. These are all very positive signs when conducting your due diligence on a company you plan to consider for your investment options.

PRICING

The minimum balance for an IRA would be $10,000 to open an account, storage fees are $100, and then an annual fee of $95. You can obtain further details when you call in to open up an account or consider rolling over assets.

SUMMARY

With top reviews and ratings, Fisher Capital is a gold IRA company you should consider when investing in precious metals. They have outstanding service, transparency, and a track record of taking care of their clients. This is a step above their competitors. I recommend calling them and walking through the process to see if this is the right fit for you. You can read about the best gold IRA companies to see how Fisher Capital fares to their competitors.

-Ammar has started several online businesses and is a blogger who loves providing quality content to help others. He is involved with affiliate marketing, domain names, NFTs, and cryptocurrencies. Check out his blog at https://ammarrangwala.com if you want to learn more about these areas and business in general.

Fisher Capital is a conservative-owned company focusing on precious metals

jeffpechenik@gmail.com (Jeff Pechenik) — Sat, 18 Mar 2023 23:56:52 GMT

Originally posted on: TheChefsDigest.com

Founded by Alexander Spellane in 2020, the CEO of Fisher Capital is a highly accomplished American media contributor, public speaker, and entrepreneur. He has managed teams of up to 50 employees, hosted his own speaking session at Turning Point USA alongside media icons such as Charlie Kirk and Tucker Carlson, and taken over the New York Times office in Los Angeles.

FORBES: AMERICA’S 5 FASTEST-GROWING METALS COMPANIES

jeffpechenik@gmail.com (Jeff Pechenik) — Mon, 05 Sep 2022 15:08:48 GMT

from Forbes.com…

For many Americans, their only retirement plan is Social Security. With this system facing major financial problems, people look for other options that offer safety and security through economic pressure and inflation.

Here are America’s 6 fastest-growing precious metals companies:

Fisher Capital

Incorporated in 2007 by a team of industry veterans, Fisher Capital is the fastest-growing precious metals retailer in America and one of the best-reviewed across all websites like TrustPilot, Google, and more, based on customer experience.

Fisher Capital focuses on helping clients from consultation to set up, supporting first-time buyers as well as others looking to retire as comfortably as possible.

By staying true to the company’s conservative values, they have become one of the most trusted precious metals companies in America.

Read the full story here…

WHAT IS THE FEDERAL RESERVE DOING TO AMERICA?

jeffpechenik@gmail.com (Jeff Pechenik) — Fri, 15 Jul 2022 15:04:37 GMT

Are you feeling the pinch?

Gas. Groceries. Diapers. Everyday items are skyrocketing in cost and hitting the wallets of every working American.

Like most people, we pull in our belts and adjust. That’s the way we were raised. But sadly, that’s probably not going to be enough.

Washington wants to meddle with the costs of other things: other vitally important things. At a time when you can least afford them to change.

You see the headlines: The Federal Reserve is raising rates. Rate hikes ahead. Rate hikes needed to stem inflation.

Rising rates can spell disaster, no matter what the cause.

Every time the Federal Reserve fiddles with interest rates from their policy committee rooms, real Americans are affected. Think car loans, the job market, credit card borrowing and one of the biggest stressors of all: home mortgages.

To be fair, the Federal Reserve doesn’t set interest rates on credit cards directly. Same for mortgages and personal loans. But it does control the federal funds rate, which controls the cost of borrowing for banks that lend to you. So the Federal Reserve’s rate changes tend to lead to changes in consumer interest rates that mirror their movements over time.

Here’s some big impacts that everyday Americans should be bracing for:

MORTGAGE RATES WILL RISE

Adjustable-rate mortgage holders, get ready for a wallop. Home equity borrowers should prepare for ballooning costs as well.

All this at a time when your house might actually be losing value, catching you in a longer term trap.

Some homeowners are considering fixed-income loan conversions: a pricey option. Others are reconsidering those big ticket dream homes or quick flip investment opportunities, which previously might have seemed like effortless money-making decisions.

If you’ve extended yourself a home equity line of credit, your rate might increase by 1-3 percentage points ahead. One rate hike tends to lead to another.

A lift in borrowing costs can price out home buyers who previously might have given their all to bid for certain properties.

Alternative assets aren’t as exposed to changes in interest rates. Gold and silver are something to consider if the real estate market isn’t as appealing as it has been.

CREDIT CARD RATES WILL RISE

Many Americans have gotten used to playing loose with their credit cards and credit lines. In a time of rising real estate values and easier job markets, high monthly payments can seem doable.

These consumers are in for a nasty shock. A rise of 1% or more in credit card rates could badly shake consumers who’ve borrowed using variable rate loans or just let credit card balances rise to “permanent” revolving status.

Some might begin hitting limits, while others might start missing payments altogether, bringing down their financial house of cards quickly.

JOBS WILL BE HARDER TO FIND

UCLA is forecasting a 4-5% rate of unemployment in 2023 – a significant rise.

The Federal Reserve is essentially sacrificing American workers to make sure inflation comes down. At the end of the day, either is a bad blow for individuals and their families, but two at once can be much worse.

CONSUMERS WILL BUY LESS STUFF

One of the hardest effects of Federal Reserve rate hikes is the way they can crush demand by consumers.

Less consumer demand means less of everything we need to survive and thrive: factory hours, shipping and delivery work, innovation. Companies size down to adjust and the front line workers are always the first to go.

Even if you are lucky enough to have a stable job, you might go out to eat less and maybe let your gym membership lapse. Cut out excess subscriptions you don’t use. Wait a bit more for that big screen television, economy car or new bedroom set.

For now, many consumers are hanging on and taking advantage of bargains that pop up from supply chain oversupply. Savings actually rose during the pandemic as many Americans used their pandemic payments wisely to pay down debt and build savings for the future.

But now that free money no longer flows, and everything is more expensive, that national savings kitty will be expiring fast.

WALK THE PATH LESS TAKEN

The herd always follows a few steps behind a leader. Are you following in the herd?

If your leader sends you off a cliff, there’s not enough time to see the danger before you are toppling off into space.

Don’t let this happen to you.

Many Americans have spent their lives building a financial legacy they can count on to sustain them through the thick and thin times, regardless of what happens in the stock markets, the Federal Reserve, government policy makers and more.

Time to think for yourself and get protected. Secure assets like gold and silver offer true diversification vs other traditional stock and bond markets, real estate and other assets.

Physical silver and gold also offer the opportunity to hold your asset in your own safe or safe deposit box. Wherever you’ll know it is safe.

HYPER-INFLATION: WHAT ARE THE WARNING SIGNS?

jeffpechenik@gmail.com (Jeff Pechenik) — Sun, 26 Jun 2022 15:00:30 GMT

Everyone is feeling higher gas prices at the pump and bigger bills at the checkout line. But when does painful inflation turn to hyper-inflation?

If the signs are there, how do you prepare now?

WHAT IS HYPERINFLATION?

Inflation measures how fast the price of goods and services are rising over time. A typical year would see a modest 2% rise in prices for things you buy every day.

If inflation rises more than 50% in a month, that’s called hyper-inflation. Think excessive. Think out-of-control. Think extremely rapid.

On an annual basis, that could be a rise in prices of over 1000%.

Imagine a set of mobile headphones that cost $10 today, suddenly costing $10,000 to buy tomorrow!

A coffee could cost $5 in the morning and $6 in the afternoon.

If you know your history, you’ll know this threat is very real if an economy is mismanaged.

Germany, Zimbabwe and Venezuela are examples in the 20th century that suffered crippling hyperinflation due to a combination of bad leadership, bad timing and bad luck.

Venezuela hit an incredible 65,000% price rise in 2018. Zimbabwe saw its prices doubling every day by 2009. Incredible!

That’s not the way America is supposed to be. Americans have come to enjoy a certain stability in their currency and what it buys over time, though most of us accept that things get a little more expensive every year.

Hyperinflation is something altogether different, and like nothing any American has experienced in their lifetime.

This is why having all your retirement assets denominated in dollars or any other fiat currency is a risk you shouldn’t be taking.

WHAT CAUSES HYPERINFLATION?

When the government increases the money supply, by say… sending checks to every American, that means the dollars already in circulation are not worth as much. This is known to the old-school people as “printing money.”

Gold and silver are scarce natural resources that can’t be created out of thin air. They are intensely difficult to find and unearth.

The other kind of inflation comes from a surge in demand that can’t be met by supply. The USA has had a lot of that since 2020. The supply chain has been clogged physically all over the world.

Trying to adjust to an ever-shifting political landscape during a major pandemic created disruption everywhere. War in eastern Europe does the same thing.

That means higher prices.

When consumers see prices rising, they tend to buy faster… for a while. When they run out of excess cash, the demand crashes fast. Then a new area of mismatched supply/demand occurs.

WHAT HAPPENS WHEN HYPERINFLATION HITS?

Everybody starts to act differently in an inflation bubble.

Hoarding becomes a big problem. Remember the toilet paper shortages of 2020? The baby formula shortages of 2022? Everyone hoards milk, bread, formula, diapers, toilet paper and more when things start to get pricey.

That is only a preview of what could be ahead for a wide range of basic human needs.

CASH IS TRASH WHEN HYPERINFLATION STRIKES

Seniors and retirees are always in for a serious blow when hyperinflation comes calling.

Savings in anything like dollar cash loses value quickly. If you are on a fixed income (or will be soon), this is a chilling thought.

Nobody wants to outlive their savings in this cold, cruel world.

The next stage can be really ugly.

Elderly lose their homes and are driven to relatives or shelters. People lose savings. Banks go belly up as loans crater in value. The fiat currency drops in value on global currency exchanges. Jobs evaporate. Tax collection drops and revenue isn’t there to support government programs. If the government tries to run the printing presses, inflation just jumps more and more.

It’s a vicious cycle waiting to happen.

GOLD HAS BEEN VALUABLE THROUGHOUT HUMAN HISTORY

Unlike any other store of value through time, nothing has equalled the trust and heritage of gold and silver precious metals.

There has never been a fiat currency that has lasted anywhere near as long as gold.

The US Dollar alone has only been in circulation as a global reserve currency for about 100 years. Since 1500, no fiat currency has survived more than 110 years.

Gold and silver have never been worth zero.

Hyperinflation is a real concept that you should take really seriously. What is your plan to protect your retirement plan from the ravages of inflation?

BLOOMBERG: FISHER CAPITAL TAKES OVER NEW YORK TIMES OFFICES IN LA

jeffpechenik@gmail.com (Jeff Pechenik) — Tue, 31 May 2022 14:57:41 GMT

from Bloomberg Business News…

Fisher Capital has taken over the former New York Times Office located in Los Angeles. The 5000 square foot building is well known for its exclusivity and class.

Fisher Capital was incorporated in 2007 and has focused on maintaining a customer-centered approach ever since.

The office is a perfect fit for the precious metal retailer, whose original home base, located in iconic Beverly Hills, California, is now bursting at its seams with employees after Fisher capital saw tremendous growth this past year.

Having originally started as a small retail company, Fisher Capital now employs over 50 people.

“Success is when opportunity meets preparation and we saw it coming and planned accordingly. It’s truly an amazing time for our industry,” said CEO Alexander Spellane.

Read the full story here…

THE GREAT RESET: WHAT AUTHORITIES SAY

jeffpechenik@gmail.com (Jeff Pechenik) — Tue, 26 Apr 2022 14:51:21 GMT

Influential figures have been sounding the alarm on The Great Reset for several years now.

This is why physical gold and silver is something to consider now.

Here’s a sampling of recent comments:

ARCHBISHOP CARLO MARIA VIGANÒ

“Daily we sense the attacks multiplying of those who want to destroy the very basis of society: the natural family, respect for human life, love of country, freedom of education and business. We see heads of nations and religious leaders pandering to this suicide of Western culture and its Christian soul. A global plan called the Great Reset is underway. Its architect is a global élite that wants to subdue all of humanity, imposing coercive measures with which to drastically limit individual freedoms and those of entire populations. Behind the world leaders who are the accomplices and executors of this infernal project, there are unscrupulous characters who finance the World Economic Forum and Event 201, promoting their agenda.”

LAURA INGRAHAM

“Powerful people … use this pandemic as a way to try and force radical social and economic change across the continents…The fact is all the signs point to Joe Biden’s team being fully on board with this cynical and sick subversion of American independence and sovereignty.”

TUCKER CARLSON

“This is our chance to impose unprecedented social controls on the population in order to bypass democracy and change everything to conform with their weird academic theories…What does the Great Reset look like? This is what it looks like: The people in charge doing whatever they want because they’re in charge. There will be no live music in the Great Reset. Choirs will be illegal unless they are singing the praises of Kamala Harris. Christmas will be banned. ‘Sorry, put on your mask and spend the holidays alone. Good luck.’”

GLENN BECK

“[The Great Reset] will use the threat of COVID and climate change to force private businesses and corporations into bending the knee to their government overlords. I’ve been warning about the Great Reset for almost a year now, and people need to get familiar with it really soon because Joe Biden and John Kerry are very familiar with it.”

BEN SHAPIRO

“[The Great Reset is] an attempt by members of the political left to grab control of things they do not own and leverage those things on behalf of their own interests. This will not be the first or last time that you see the great reset, you’re going to see it with regard to climate change, you’re going to see it with regard to COVID, and you’ll see it whenever the next crisis appears on the horizon and if there is no crisis they will simply manufacture the crisis for the future.”

STEVE BANNON

“[The Great Reset is] globalization on steroids…a combination of state capitalism and authoritarian rule that let your ‘betters’ [rule] as they depopulate.”

MICHAEL RECTENWALD: CHIEF ACADEMIC OFFICER, AMERICAN SCHOLARS

“The Great Reset is real. Indeed, just last year, Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF)—a famous organization made up of the world’s political, economic, and cultural elites that meets annually in Davos, Switzerland—and Thierry Malleret, co-founder and main author of the Monthly Barometer, published a book called COVID-19: The Great Reset. In the book, they define the Great Reset as a means of addressing the “weaknesses of capitalism” that were purportedly exposed by the COVID pandemic. But the idea of the Great Reset goes back much further. It can be traced at least as far back as the inception of the WEF, originally founded as the European Management Forum, in 1971.”

THE GREAT RESET: 5 BIG MYTHS

jeffpechenik@gmail.com (Jeff Pechenik) — Sat, 26 Mar 2022 15:36:48 GMT

There’s a lot of misinformation spreading around the Internet. Time to shatter some common myths about the World Economic Forum and The Great Reset.

MYTH 1:

THE GREAT RESET AS A GLOBAL ELITE TAKEOVER IS A CONSPIRACY MYTH

Many people don’t bother to follow the social media trends, which change like the wind. But across Twitter, YouTube, Facebook, Instagram, Parler, Gab and Telegram, references to the Great Reset are increasing.

The term “Great Reset” has received more than eight million interactions on Facebook and been shared almost two million times on Twitter since the initiative was launched, according to BBC Monitoring research.

There’s a lot of mainstream articles talking about The Great Reset. They tend to brand any criticism of it as fake facts from conspiracy theory nuts.

But it is clearly underway. The intent is plain as day. You can judge for yourself.

MYTH 2:

THE GREAT RESET WILL BRING GLOBAL PROSPERITY AND ECOLOGICAL HARMONY

Think of some of the promises you’ve heard from the World Economic Forum:

Universal income

Universal healthcare

Universal vaccination

Health passports

Digital IDs and population contact tracing

Canceling of individual debt

Renunciation of private property

Somehow, even the most basic of these promises have turned out exactly the opposite of what you’d expect.

Five years ago, would you have believed that you’d be under threat of arrest for leaving your home, walking down the street, breathing freely, opening your business for the day and going to church on Sunday? That happened, and it could happen again.

Nothing comes for free.

MYTH 3:

IT’S TOO LATE TO DO ANYTHING ABOUT THE GREAT RESET

The plan is clearly underway. The power and money and influence behind it is absolutely terrifying. However, it isn’t too late for you to do something to protect your family today.

Traditional stocks and bonds are the cornerstone of most retirement portfolios. But they aren’t the whole picture.

Many experts are now recommending a small percentage of physical gold and silver as well to add secure assets to your retirement legacy.

MYTH 4:

OUR FOOD SUPPLY, OUR PERSONAL DATA, OUR FREEDOMS AND OUR VACCINES ARE BEST TRUSTED TO GOVERNMENTS, CORPORATIONS AND GLOBAL ELITES

Are you ready for a takeover of global governance that affects our food, our data and our vaccines? The World Economic Forum seems to think that the COVID crisis, as awful as it already is, should now be used as an excuse to fix all the marquee liberal issues of the world.

Would you rather have questions about your health and safety under your control, or at least under the control of your local leaders? How much freedom are you willing to sacrifice?

What do billionaires in Davos know about life in the heartland of America?

MYTH 5:

COVID IS WANING, SO THE GREAT RESET WON’T HAPPEN AFTER ALL

The fun is just beginning for the global elites who are coming for your hard-earned freedom. Royalty can’t wait to see it happen. In fact, Prince Charles was one of the first to reveal the next stage of The Great Reset: climate change.

“The threat of climate change has been more gradual [than COVID-19]—but it’s a devastating reality for many people and their livelihoods around the world, and its ever greater potential to disrupt, surpasses even that of Covid-19. We have a golden opportunity to seize something good from this crisis — its unprecedented shockwaves may well make people more receptive to big visions of change.”

– Prince Charles, British Royal Family

If you support free markets and free ideas, or even just freedom in general, you’ll need to stay on top of this developing crisis. The Great Reset is a terrifying concept that is gaining influence and traction fast.

What is the solution for everyday people like you and me?

Don’t get scared – get prepared.

Make sure your retirement plan – and your plan for your family’s financial legacy – isn’t reliant on just one thing. One currency. One banking system.

Traditional stocks and bonds are part of everybody’s portfolio, sure. Gold and silver are something to consider seriously as well.

Sleep easier at night as the magic of diversification helps to smooth out bumps of volatility in traditional markets.

TALK WITH FISHER CAPITAL NOW AND SEE HOW WE CAN HELP.

THE GREAT RESET: HISTORY YOU NEED TO KNOW

jeffpechenik@gmail.com (Jeff Pechenik) — Sat, 26 Feb 2022 16:16:12 GMT

In June 2020, the so-called “Great Reset” initiative was launched by the World Economic Forum.

Does that organization sound familiar? Yes, it is that World Economic Forum: the one that sponsors the annual Davos conference in Switzerland. The one which teems with billionaires and heads of state rubbing shoulders and cutting secret deals.

The Great Reset was a deal to end all deals! (If you’re a global corporation)

This one was far from secret, however. It had a great sounding public goal that the PR flacks got right to work on. Using the magic words coined by WEF Chairman Klaus Schwab, “stakeholder capitalism” is the future.

This began in 2008 during our huge economic crisis, in the form of a 600-page report that said governments should give power over to corporations and non-governmental stakeholders.

For Klaus and his billionaire pals, corporations should become custodians of society along with the government to transform our world in their image.

‘We’re reducing any global inequality and environmental problems created by the coronavirus!’ they said.

But the truth was much more chilling.

UNTOUCHABLE PEOPLE WITH UTOPIAN DREAMS

A handful of almost “untouchable” people feel entitled to decide what is correct for everyone else, no matter where they live or who they are.

This entitlement extends to utopian dreams of global societies, global cooperation, and global prosperity – under the direct control of the elites. No matter who gets in the way.

That utopian wonder stuff may be a fun future to talk about, but for sure this plan won’t get you and me there. This plan is about something else – and for someone else.

Global control. Control over you and your family.

Harris Gleckman, senior fellow at the University of Massachusetts, said this proposal was “the most comprehensive proposal for re-designing global governance since the formulation of the United Nations during World War II.”

Global elites are trying to reorganize global affairs – our economies and societies included – in a way that benefits them and their misguided goals.

Who pays the bill, every time? The ordinary American citizen.

“Where does utopian, elitist, globalist totalitarian thinking lead to… every time? Totalitarian regimes with aspirations of global control.”

— Alexander Spellane, Managing Partner, Fisher Capital Group

ATTACKS ON AMERICA FROM ALL SIDES

Attacks on the American way of life are coming from every side. Attacks on fundamental things that are part of our nature: respect for the family unit, love of country, freedom of speech, business and education. These cherished values can be lost quickly in the tide of a mob misled by fake news.

We have a health emergency, but experts fear it could be compounded by an even worse emergency: your loss of rights and freedoms that we may never get back.

Just a few months after The Great Reset was announced, the Catholic Archbishop Carlo Maria Vigano wrote to President Donald Trump with a grim warning:

“A global plan called the Great Reset is underway. Its architect is a global élite that wants to subdue all of humanity, imposing coercive measures with which to drastically limit individual freedoms and those of entire populations. In several nations this plan has already been approved and financed; in others it is still in an early stage. Behind the world leaders who are the accomplices and executors of this infernal project, there are unscrupulous characters who finance the World Economic Forum and Event 201, promoting their agenda.”

–Catholic Archbishop Carlo Maria Vigano

THERE’S STILL TIME TO PREPARE

The good news is that The Great Reset is just beginning.

You have time to prepare for the worst.

Physical gold and silver can’t be erased or hacked by a keystroke. There’s no “crypto” involved and you can even store it at home in a secure safe – no bank involved.

Your privacy is ensured.

We keep gold and silver in our IRAs, safe deposit boxes and our home safes. If one “goes bad,” there are still two others to rely on.

This is also why coins in fractional sizes can give you peace of mind with your future options. If, for any reason, you need to sell for dollars or British pounds, having a range of sizes gives you much more flexibility. This is why so few people end up with big bars like you see in the movies!

Choose what is best for you and your family and get prepared today.

THE GREAT RESET: WHAT 2022 COULD BRING

jeffpechenik@gmail.com (Jeff Pechenik) — Wed, 16 Feb 2022 15:45:19 GMT

Every day, the earth experiences tragic, but unforeseeable news events. Pandemic, mass shootings, hurricanes, and sudden war.

We suffer them, we mourn them, and we learn from them.

What is the normal human reaction? To want to fix and control something – TODAY. Something that just can’t be easily solved or controlled with a quick fix. Try and rewind the clock, but you can’t.

Global elites use their influence over the news against you. They want you to think they have the right answer for everyone… and make you act before you can think for yourself.

You might not be able to see their fingers on the scales. But be aware: they are balancing facts and events to cloud your thinking and override your best instincts.

2022 is not a year to look away and get complacent. Getting informed is the first stage of true readiness.

–Alexander Spellane, Managing Partner, Fisher Capital Group

A “PERFECT STORM” FOR THE GREAT RESET TAKEOVER

Today’s elites, which include media wonks, self-serving politicians and billionaires, like to make quick fixes (often with expensive price tags) the only options you see right after a sad news event. They love to rush through legislation before anyone has a chance to read and understand it.

2022 is a year of pandemic, civil unrest, major warfare, mass shootings, rampant homelessness, skyrocketing costs at the supermarket and gas pump, and so much more. The perfect cover to accomplish lots of things in Congress and in the cultural/societal landscape that we’ll sorely regret later.

For the last 2-4 years, The Great Reset has been a cultural invasion that has all three horsemen of disaster pulling its wagon:

A noble-sounding mission to save the world
A powerful, seemingly-altruistic hero (World Economic Forum)
Tons of ego, money, political and media influence

Sounds like a Marvel movie, right? Unfortunately it is real life.

REAL WORLD PROBLEMS ARE COMPLEX

You know as well as I do… quick fixes are only the stuff of childhood fairy tales and action movies. Real-world problems are complex and so are their solutions.

Even worse, many quick fixes are way worse than the problem.

Think of all the waste piling up in landfills because of the endless and conflicting directions to “mask up” in the face of a common flu-like illness. Think of all the millions who lost their precious livelihoods because they were told to stay home for a year or two!

Rather than go to their jobs everyday like they want to, so they can provide for their families.

The mastermind behind some of the most dangerous thinking today is The World Economic Forum. This is a global foundation headquartered in Switzerland that lobbies and influences governments and business leaders under its own agenda.

It’s known for its annual meeting in Davos, where politicians, business leaders, celebrities and journalists fly in on private jets, sip cocktails and get cosy at a tony mountain resort to discuss global issues that can affect their pocketbooks.

It is a snowy ski-friendly area, so it isn’t surprising to hear there are big bonfires keeping the participants warm.

However, this time… they are roasting America over the coals instead of marshmallows.

AMERICAN CULTURE AND VALUES UNDER FIRE

American sovereignty? Under fire. American prosperity? Under fire. American spirit and culture? Under fire.

A new plan is underway, and you won’t like it.

“Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a ‘Great Reset’ of capitalism. …All aspects of our societies and economies” must be “revamped,” “from education to social contracts and working conditions.”

–Klaus Schwab, the founder and executive chairman, World Economic Forum

Under the guise of freedom, libtards want to put everyone under their control. New laws and new mechanisms that will encroach on your natural freedoms and come at you in your school, your city hall and your society.

A WHO’S WHO OF LIBERAL CONTROL

Who is financing The Great Reset?

The list behind the World Economic Forum reads like a Who’s Who of the rich, famous and entitled:

Oil companies like Saudi Aramco, Shell, Chevron, BP
Food companies like Unilever, The Coca-Cola Company, Nestlé
Technology companies like Facebook, Google, Amazon, Microsoft, Apple
Pharmaceutical companies like AstraZeneca, Pfizer, Moderna
Investment titans like BlackRock
Wealthy monarchs like Prince Charles of the UK
Gina Gopinath,chief economist at the International Monetary Fund
António Guterres, secretary-general of the United Nations
Activists such as Greenpeace International

They are operating from a playbook that will be familiar to you from the campaigns of Senator Bernie Sanders and Rep. Alexandria Ocasio-Cortez and their socialist, progressive Green Deal Plan.

WHAT CAN I DO TO GET PREPARED TODAY?

There are many ways to get prepared for what could happen as your freedom and personal autonomy get eroded and stripped over time.

Most important is taking full control of your financial life.

It is easy to get complacent about retirement planning, because it can seem far away. “Set and forget” the experts say. Where will they be in a year or two?

Now would be a time to get informed, get prepared, and take action.

Make sure your portfolio has:

Secure assets (diversified from traditional stocks/bonds)
Physical assets (not just electronic accounts)
Privacy

The easiest way to add these elements to your retirement legacy are with physical gold and silver. They have been regarded as secure assets for thousands of years and have never been worth “$0.”

Gold and silver coins and bars are also known as tools for diversification, because they don’t move with the same market forces that affect stocks and bonds. This helps “smooth out the bumps” when markets go sideways and can help keep your overall volatility down.

Don’t let your family’s financial legacy fall victim to an exploding stock or market crash.

Get prepared today.

salomonlawcorp

BRICS Countries Dump $123 Billion in U.S. Treasuries in 2023

From: Watcher.guru

The bloc of countries that wants to overthrow the US dollar is set to gain 6 new members — here's what the potential recruits have said about de-dollarization

From: BusinessInsider.com

BRICS: France To Be the First European Country To Join the Alliance?

From: Watcher.guru

BRICS expansion to accelerate decline of the US dollar

From: Kitco.com

Fisher Capital Announces Turning Point Action Conference 2023 Diamond Sponsorship

From: WashingtonTimes.com

How Supporting Veterans Helped Fisher Capital Become One Of The Nation’s Fastest-Growing Precious Metals Companies

From: CalBizJournal.com

Redefining Workplace Values: How Fisher Capital Group Champions Veterans and Conservatism in LA

Originally posted on: LAwire.com

The Deep State Phenomenon: How Lindell, Stone, Trump, and Spellane Stand Their Ground

Originally posted on: USINSIDER.COM

Alexander Spellane: Why High Net-worth Individuals Are Still Choosing Gold

Originally posted on: Networth.US

Alexander Spellane America’s Youngest Gold CEO Educated Gen Z how to Invest in Gold

Alexander Spellane - CEO of Fisher Capital

Originally from: ideamensch.com

Fisher Capital CEO Alexander Spellane Says Nothing Is More Manly Than Buying Gold

Originally from: mensjournal.com

Fisher Capital Announces Diamond Sponsorship of Turning Point USA’s America Fest

Originally on: APNEWS.com

Top 5 Reasons Why Americans Should Buy Gold

Originally from: Dailycaller.com

Fisher Capital Group Announces Partnership with Salem Media Group to Offer a Strategic Marketing Approach

From: NASDAQ.com

What Makes Alexander Spellane Extraordinary Among America’s Young Gold Experts

Originally From: Forbes.com

How Alexander Spellane Became America's Youngest Gold Expert

Originally posted on: Dailycaller.com

Fisher Capital Helps Bring Turning Point USA's AmFest To 15,000 Fans In Phoenix

Originally posted on OKMagazine.com

Fisher Capital: The Gold Company Becoming a Conservative Haven for Veterans in LA

Originally posted on LAWeekly.com

Fisher Capital Announces Diamond Sponsorship of Turning Point USA's America Fest

Originally posted on Yahoo Finance

Trader who predicted 2008 financial crisis bets $1.6bn on stock market crash by end of 2023

From: Independent.CO.UK

The S&P 500 could crash nearly 50% as a brutal recession takes hold, veteran technical analyst warns

FROM: BusinessInsider.com

Fisher Capital Sponsoring Turning Point Action Conference in West Palm Beach July 15 and 16th 2023

From: USReporter.com

The S&P 500 is massively overvalued - and likely to plunge like it did last year, top economist David Rosenberg says

From: BusinessInsider.com

FISHER CAPITAL REVIEW 2022

Fisher Capital is a conservative-owned company focusing on precious metals

Originally posted on: TheChefsDigest.com

FORBES: AMERICA’S 5 FASTEST-GROWING METALS COMPANIES

WHAT IS THE FEDERAL RESERVE DOING TO AMERICA?

HYPER-INFLATION: WHAT ARE THE WARNING SIGNS?

BLOOMBERG: FISHER CAPITAL TAKES OVER NEW YORK TIMES OFFICES IN LA

FURTHER READING ON THE GREAT RESET

THE GREAT RESET: WHAT AUTHORITIES SAY

THE GREAT RESET: 5 BIG MYTHS

THE GREAT RESET: HISTORY YOU NEED TO KNOW

THE GREAT RESET: WHAT 2022 COULD BRING

A “PERFECT STORM” FOR THE GREAT RESET TAKEOVER

REAL WORLD PROBLEMS ARE COMPLEX

AMERICAN CULTURE AND VALUES UNDER FIRE

A WHO’S WHO OF LIBERAL CONTROL

WHAT CAN I DO TO GET PREPARED TODAY?