How To Move Ahead – Amidst a Worldwide Economic Recovery

 iStock 134037630 1 iStock 1153879953As the world begins to prepare for a COVID-19 recovery period, it is no surprise that nearly every human life has been impacted. The devastation is centering around personal health, finances, supply availability, jobs, and businesses. In less than four months, the coronavirus epidemic created anxiety, along with grief and depression for individuals, families, and companies across the globe. In fact, according to the US Bureau of Labor Statistics, the unemployment rate went from an all-time low of 3.5 in December 2019 to 4.4% in March 2020, then 14.7% in April 2020, totaling over 22 million unemployed, and still growing! While it is indeed a time of uncertainty for many, it is also a time in which people and businesses can reflect, consider what we’ve learned, and begin to take action toward both recovery and a healthier, safer future.

 

We’ve Learned So Much

The coronavirus has impacted many people differently, but one thing is certain: such a crisis makes businesses and individuals re-evaluate identity, the current state of affairs, achievements, ability to move forward, health, and so much more. If there is a positive outcome from the terrible COVID-19 outbreak, it is “lessons learned.” While some regions are still in the middle of the devastation and other areas are just beginning to think about recovery,

there is still much to witness and learn. It’s just not over yet, but if we take stock of what we’ve learned so far, we can turn some aspects of this disaster into something good.

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What We’d Do Differently in Terms of Health?

From a health perspective, we’ve heard the daily briefings and online doctors over and over. Most health actions are common sense, but the reminders can never be stressed enough (especially as many people do not take the spread seriously). We need to take every precaution to protect ourselves, family, friends, and businesses.

  • Wear a mask or face scarf and gloves in the public
  • Keep a 6′ distance from other people
  • Wash/sanitize hands regularly
  • Sanitize all surfaces regularly
  • Keep sanitizing products on hand
  • Stock a supply of medical supplies and personal protective equipment (PPE)
  • Bring essential medical supplies and drug production back to the US
  • Create a will describing your wishes, and make sure it’s notarized
  • Consider a diversified investment (such as gold) and get a better night’s sleep

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What We’d Do Differently in Terms of Finances?

Personal wealth has been hit hard. Most long-term investment plans are shot. Many people living week-to-week are now behind on their payments. Small businesses are suffering, losing staff, applying for loans with no clue how it will be paid back, and possibly having to close their doors. Overall, financial portfolios have been devastated. While it seems there is no hope, we have learned that we will recover, but we must “be prepared” for a future disaster. Precious metals are indeed an attractive solution in times like these. There is urgency in making this type of investment because premiums on metals are fastly increasing due to current demand and limited supplies. Some actions to consider:

  • Create a financial disaster preparedness plan
  • Place our jobs back on American soil
  • Never be dependent on others or the government; work to be financially self-sufficient
  • Re-evaluate personal stock market investments
  • Order gold and silver now to hedge a financial portfolio with alternative investments while supplies last and before premiums increase
  • Set up a backup plan independent of government funding
  • Move money out of the banks and invest in other commodities such as real estate and metals
  • Search for alternative currencies
  • Move some funds out of the financial system

What We’d Do Differently in Terms of Goods and Supplies

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We’ve learned about the goods and supplies we desperately need daily, including fuel, food, health and sanitization products, and paper supplies. First and foremost, we’d stock up on paper goods and disinfectants! The real reason for the shortage of these items, however, is a result of human hoarding. Because of high volatility in the markets, the precious metals industry is encountering major problems accumulating metals to fund peoples’ orders because of hoarding. Also, mint production companies are closed; therefore, new inventory is not produced, resulting in limited supplies. If everyone stocked up in goods and supplies over time while they are readily available, next time, perhaps the need for hoarding would be minimized (doubtful). In the meantime, we’ve learned we may not be able to depend on the system to get the fuel, food, and the supplies we need. What can we do differently?

  • Create a personal disaster preparedness plan
  • No longer rely on other countries to supply us with oil, prescriptions, and medical supplies
  • Stock up on non-perishables such as dried foods, paper goods, and disinfectants – at least a three-month supply
  • Plant a garden and stock it with fruits, vegetables, and herbs (save the seeds)
  • Store some water; a water heater is an excellent supply, but one can’t have too much
  • Create a camping tub (or enhance an existing one) to camp out at home if needed, and that includes propane, a camping stove, lighting, etc.
  • Make a list of the personal items needed to survive in a crisis (medications, health and safety items, water, grooming aids, etc.), and keep them in stock (with expiration dates in mind)
  • Stock up on precious metals as a hedge against inflation before the metals cost more

What We’d Do Differently in Terms of Businesses and Jobs

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So far, we’ve learned that most small businesses and individuals are not financially self-sufficient for more than one month. However, disappointing that is, we recognize the need to make changes in order to create a three-month survival plan. Governor Gavin Newsom just announced on 5/15/20 that the State of California will quarantine for an additional three months because there is no vaccine or proven effective medication to date for the coronavirus. It was announced that we could wait 18 or more months for this to happen. As a business owner (or an employee), several actions can be taken to prepare for this delay or another unexpected event:

  • Prepare gold and silver tangible assets as your backup plan to manage risk, promote stability, hedge against the U.S. Dollar, and hedge against the upcoming inflation that may arise.
  • Stock up on supplies and equipment employees might need
  • Take on backlogged projects that need attention
  • Design a resiliency plan and present it to staff for ideas and testing
  • Revisit regular suppliers and ensure long-term relationships and agreements; so the company can count on them in the case of an emergency
  • Lead by example during a time of crisis; show work teams they are working for a caring company; assist in motivating and engaging staff to keep them on board
  • Maintain transparent communications throughout a difficult period
  • Visit the CDC and US Equal Employment Opportunity Commission (EEOC) to become familiar with current labor laws
  • Protect employee health and safety: Consider flexible schedules, PPE on hand, avoiding personal contact, health posters, symptom trackers in place, remote workforce or shift-work to minimize exposure, etc.
  • In the case of a layoff, provide employment options and guidance

We’ve Learned To Be Prepared 

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As a nation, there are many actions individuals and companies can take to prepare for the present and the future. Both worldwide and nationwide crises are inevitable, but rather than wait for the next disaster to happen, take action now. We’ve learned ONE crucial thing: we can be more prepared. It’s time to assemble health-, finance-, supplies-, job-, and business-preparedness plans. While no two disasters are the same, some or all of these areas of human impact are likely. Work with those you love and employ to devise plans today that could prove worthy for the future in this unsettled atmosphere in which we live and work. Consider gold and silver as stable insurance to hedge yourself and your family.

Learn how a Gold, Silver, & Precious Metals IRA can help you hedge against inflation

The Collapse of Fiat Currency Is Gold’s Moment to Shine.

A dramatic transformation is unfolding in the financial landscape, as gold reclaims its position as the ultimate safe haven. Amid growing economic uncertainty, the U.S. dollar has lost over 40% of its purchasing power compared to gold in just the past year — a staggering decline that signals deepening erosion of confidence in fiat currencies.

Yet, despite this dramatic devaluation, the story has not made the headlines it deserves. This speaks volumes about the growing disconnect between financial reality and public awareness, as gold sees a remarkable 23% increase since the start of 2025, proving its resilience in an increasingly unstable global economy.

In a recent PBS article, reporter Bernard Condon says that economists fear that the recent drop in the dollar is so dramatic that it reflects something more ominous — a loss of confidence in the U.S.

“The safe-haven properties of the dollar are being eroded,” said Deutsche Bank in a note to clients earlier this month, warning of a “confidence crisis.”

Investors Turn to Gold as Fiat Fears Mount

For global investors, the message is clear: the dollar is no longer the unchallenged cornerstone of financial stability. With persistent inflation, record-breaking debt levels, and growing geopolitical uncertainty, many are opting for the tangible security of gold.

“Since 2023, gold’s gone from $1,800 to $3,400 an ounce,” Forbes Media Chairman and editor-in-chief Steve Forbes told Fox Business. “That’s a sure sign we’re going to have a weak dollar ahead, which means, ultimately, turbulence and higher prices in the marketplace. Just look at the 1970s, and we can see where that leads unless something is done about it now. But I don’t see any sign that the authorities have any idea, constructively, of what to do, sadly.”

According to Bank of America’s most recent Global Fund Manager Survey, a net 61% of participants anticipate a decline in the dollar’s value over the next year — the most pessimistic outlook of major investors in almost two decades.

A CNBC article published on April 21 highlights an even more worrying trend. As the U.S. dollar weakens, other central banks may be forced to devalue their own currencies just to stay competitive. This “race to the bottom” in global fiat currencies could ignite even more inflationary pressure worldwide, making gold all the more appealing for investors who want out of this volatile spiral.

Global Currency Devaluation May Be Just Beginning

The exodus from U.S. assets also shines a light on the broader crisis of confidence, with potential spillovers such as higher imported inflation as the dollar weakens. The drop in the U.S. dollar has prompted other currencies to appreciate against it, especially safe havens such as the Swiss franc, Japanese yen, and the euro.

This is no mere market correction or cyclical fluctuation. As Bloomberg Intelligence’s Mike McGlone and many others have noted, we’re in the middle of just the fourth-ever capital rotation event — a strategic shift of investments across asset classes, sectors or regions in response to market conditions, economic cycles, and performance trends. “Gold is now the most expensive ever versus the U.S. long bond market,” he observed, pointing to deep structural issues in the American economy and financial system.

Meanwhile, central banks around the world are bolstering their gold reserves at record rates, a move that signals long-term distrust in the global fiat system.

“Global trust and reliance on the dollar was built up over a half century or more,” University of California, Berkeley, economist Barry Eichengreen told PBS. “But it can be lost in the blink of an eye.”

As the dollar falters, gold is reclaiming its historic role as the foundation of monetary confidence. For investors seeking real, enduring value, the message has never been clearer: the future is golden.
“Gold is clearly seen as the favored safe-haven asset in a world upended by the trade war,” Nitesh Shah, commodities strategist at WisdomTree, told Reuters. “The U.S. dollar has depreciated and U.S. Treasuries are selling off hard, as faith in the U.S. as a reliable trading partner has diminished.”

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Gold Breaks $3,300: Experts Say $4,000 Is Now in Sight

Gold soared past the $3,300 mark on April 16, once again shattering an all-time high as investors and retirees continue to seek safety amid growing global uncertainty. The precious metal climbed more than 6% in the last week and is up over 25% year to date, fueled by escalating U.S.–China trade tensions, a faltering dollar, aggressive central bank buying and recession fears.

“Gold is clearly seen as the favored safe-haven asset in a world upended by the trade war,” Nitesh Shah, commodities strategist at WisdomTree, told Reuters. “The U.S. dollar has depreciated and U.S. Treasuries are selling off hard, as faith in the U.S. as a reliable trading partner has diminished.”

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New Tariffs Crush the Stock Market: Why Gold Is the Safe Haven You Need NOW

The stock market was already beginning to crumble this year under the weight of inflation, economic uncertainty and the threat of global war. But since the latest tariffs went into effect on April 2, the stock market has been dealt yet another devastating blow — while gold continues to stand strong and see record stability.

On April 4, the S&P 500 fell 291 points (5.4%) by the afternoon, while the Dow Jones tumbled 2,150 points (5.3%) and the Nasdaq slid 5.8%. The free-fall carried over from the previous day, when the indexes recorded their biggest one-day drop since 2020, with $2.5 trillion in investor wealth being erased from the S&P 500. The Dow and S&P 500 each sank more than 4%, while the tech-heavy Nasdaq plunged nearly 6%.

Despite these incredibly uncertain times, gold is up nearly 3% over the last month, while the S&P 500 is down over 13%. This stark contrast highlights gold’s resilience as a safe-haven asset when traditional markets falter. As investors scramble for stability, the surge in gold prices continues to underscore its long-standing reputation as a reliable store of value in times of crisis.

The Impact of Trump’s Tariffs on the World

The latest tariff announcements include steep levies on key imports, particularly from China, the European Union and Mexico. In response to Trump imposing 34% tariffs on Chinese goods — which were already subject to a 20% levy — China hit back on April 4 with a 34% tariff on all U.S. products starting on April 10.

This comes after Canadian Prime Minister Mark Carney said that Canada will match Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States.

“We take these measures reluctantly — and we take them in ways that is intended and will cause maximum impact in the United States and minimum impact in Canada,” Carney said.

One of the most concerning aspects of these tariffs is their inflationary impact. Higher import costs will translate to rising prices for goods, squeezing American households already burdened by inflationary pressures. Companies facing higher production costs may either pass expenses onto consumers or cut jobs to maintain profit margins — both scenarios spell trouble for economic stability.

Gold’s Surge Amid Market Chaos

Historically, gold has served as a hedge against economic uncertainty. In today’s uncertain and scary times, that has been rang more true. While equities crumble under the weight of trade tensions, gold has surged by more than 12% since the start of the year, while the S&P 500 has plummeted by over 15%.

Gold’s appeal lies in its independence from government policy and currency devaluation. Unlike fiat money, which can be manipulated through monetary policy, gold maintains intrinsic value, making it a trusted store of wealth in times of crisis. With fears of a prolonged trade war and potential stagflation on the horizon, investors are ditching the uncertainty of stocks and moving their hard-earned capital into tangible assets.

Why Investors Are Turning to Gold

With global instability accelerating, more investors are seeking protection — not speculation. High-risk assets like stocks are increasingly vulnerable to sudden shocks, policy changes, and economic downturns.

While stock traders brace for more volatility, Deutsche Bank, one of the world’s leading financial services providers, is looking beyond the panic — and betting big on gold. The bank just raised its average price forecasts for gold to $3,139 for 2025 and $3,700 for 2026, signaling strong long-term confidence in the precious metal.

“We conclude that the bull case for gold remains strong despite this week’s correction and further upgrade our year-end forecast to $3,350/oz.,” the bank said in a statement on April 7.

This shift reflects a growing recognition: gold isn’t just a hedge, it’s a foundation for financial security. In times like these, where headlines shift hourly and markets react in real time, gold remains a steady and trusted asset.

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