BREAKING: this could create an economic catastrophe...
170919 Like and subscribe. This is an archive, check the link in the end if you are owner. Recent attacks create big risks for many investments -- WHAT WINS - WHAT LOSES. Use holiday discount code Thx24 for 24% off the online courses & meet ups (San Fran 11-16-2019 is next!) EXPIRING 11-25-2019: https://meetkevin.teachable.com
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Some more background: Donald Trump wants to prevent a recession to help him get re-elected. He's possibly using what I call the "Trumpercession" to his advantage in negotiating with China and setting up 2020 for a strategic, trade-success for him. AKA short-term volatility for big wins in 2020 would catapult him into office again in 2020. This new oil disaster in Saudi Arabia creates massive problems as Saudi Arabia is a top-3 global oil producer. With Houthi rebels and/or Iran attacking the Kingdom of Saudi Arabia's largest plant, oil production is down 50% in the country affecting 5% of the world's oil production. Increased conflicts in the Strait of Hormuz will dramatically increase problems in the oil market leading potentially to greater inflation, less consumer spending, less discretionary income, and problems in stocks, real estate, bonds, and impacts to gold, silver, and Bitcoin. Watch to see what gets destroyed with high oil prices and what does well.
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