Right now, after a financially decimating 2022, the U.S. Markets are rallying, not just rallying but eliciting talk of new bull markets. If you're not a day trader, a swing trader, or a financial genius, all my warnings from last fall are valid, and I do not rescind a single one. That is, what we're currently witnessing is "irrational exuberance." And it doesn't end well. In fact, it will end in catastrophic losses for the average American, their pension, and their IRAs. I am entirely out of the financial markets. Had I known 30 years ago what I know now, I would no doubt be a multi-millionaire today, as would many of you. But we're kept in the dark about the true nature of money, how it moves, and how to acquire and use it. This is why the rich get exponentially more wealthy while the lower and middle classes ultimately become destitute. They listen to the wrong people giving financial advice. The way to acquire wealth is NEVER to invest and hold, yet this is what 99% of all financial advisors tell their clients. It's all about profit-taking and reinvesting in hard assets.
