HomeRancho Mirage InsiderSell In May and Go Away: 70s Style Catastrophe - Stagflation and...

Sell In May and Go Away: 70s Style Catastrophe – Stagflation and Record Drawdown Global Fixed

Written by Jack Hanney, CEO of Patriot Gold Group

Patriot Gold Group “Stagflation Protection No Fee For Life IRA”

“For decades, the idea that you should sell in May has been an important part of stock market folklore. Of course, investing should not be that easy, but the odd thing is that, compared with other rules, this one has held up rather well over history.” – Forbes Soaring consumer prices, supply chain shocks, rising energy costs and a hawkish Federal Reserve determined to bring inflation under control: these are the worrisome attributes of the U.S. economy that have some experts sounding the alarm over a possible return to 1970s-style “stagflation.”

Stagflation is the combination of economic stagnation and high inflation, characterized by soaring consumer prices as well as high unemployment.
Former Treasury Secretary Larry Summers wrote, “The Fed’s current policy trajectory is likely to lead to stagflation, with average unemployment and inflation both averaging over 5 percent over the next few years — and ultimately to a major recession.”

Another major consequence is the global bond market that has suffered unprecedented losses as The Fed tightens policy to combat surging inflation. This is a major blow to money managers accustomed to years of consistent gains, backstopped by loose monetary policy. The slump also poses a particular threat to the expanding elderly population in many major economies, given retirees are often heavily reliant on fixed-income investments.

The retreat in both fixed-income and stock markets in 2022 is upending the dynamics of a classic 60/40 portfolio that is meant to balance out any losses from riskier share markets with the more stable cash flow of bonds.

Bank of America, Goldman Sachs and Wells Fargo all forecast gold to surpass $2,000 an ounce in 2022 and Bloomberg goes on to say it could soar as high as $3,000 an ounce; isn’t it time to look into preserving your retirement and savings in physical gold and silver? We offer a FREE and No Sales Pitch Precious Metals Investor Guide when you confirm your delivery method by calling: 800-974-4653 Patriot Gold Group is based out of Seal Beach California so if you’d prefer meeting in person, we can arrange for that as well, whether it be in Palm Springs or The Ranch in Seal Beach.

If you’ve read this far, you’re interested, (you should be), why not make the call (800-974-4653), request a FREE Precious Metals Guide and open that poolside next week instead of Vanity Fair. Plan ahead, so next winter you can be sitting poolside again enjoying the sunshine and have one less thing to worry about.

Call the Patriot Gold Group at 800-974-4653 (GOLD) for exclusive details about our incentives, and FREE information for new investors. We’re here to help, be of service, and adhere to that altruistic principle that made Consumer Affairs recognize Patriot Gold Group as the Top IRA Gold and Silver Dealer nationwide for an unprecedented six years in a row (2016–2021).

This article is a written by, and is the expressed opinion of Patriot Gold Group.* Call Patriot Gold at 1-888-526-4509.

*The opinions expressed in this or other articles written by 3rd parties and are those of the 3rd party writer, not of The Sun City Insider or their affiliates. Please understand that all financial advice and facts should always be verified by independently. Investments carry significant financial risk – speak to a qualified financial advisor before making any financial decisions.

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