Stocks & Equities
With airlines facing a $250-billion loss in revenue for 2020 at a minimum, the additional $35 billion they might have to pay in the form of refunds over the next few months makes for a staggering amount. The dire situation has led pundits to ponder whether the industry might be willing to climb into bed with the government in a quasi-nationalization plan that would bail them out.
The rules of the airline bailout game changed mid-match. Congress had promised $58 billion to the airlines in the form of a bailout in line with the CARES Act. Of that, $50 billion was to be directed to passenger airlines, with $25 billion in grants and $25 billion in loans to be paid back. At the 11th hour, however, that $25 billion in grants was reduced to $17.5 billion, with the remainder another low-interest rate loan….CLICK for complete article

Regular listeners to MoneyTalks know that we’ve been warning since last September about a major change in the markets starting on January 20th. We featured Martin Armstrong, who forecast a panic to hit in the last week in February. Four months later, at the World Outlook Conference several speakers reiterated these warnings.
So here we are after a waterfall decline in stocks that began on February 20th, and a 50% retracement on the heels of massive central bank intervention led by the Federal Reserve who stated they were prepared to commit “unlimited” amounts of money to keep the investment markets functioning.
Not surprisingly there are no shortage of questions about stocks, bonds, precious metals and currencies. But before we can respond…
Two Big Questions Need To Be Answered
Analysts concur that the global economy is going to take a massive hit – including the US and Canada. The question is – how much of the negative news have the markets already anticipated? Have they factored in a 10% drop to growth and earnings? A 20% drop?
How you answer the question (along with your own personal circumstances) will determine whether you should sell – because there is much more negative news for the markets to digest. Or buy – because you think the market has already discounted a worst case scenario so there’s nowhere to go but up.
A second question regards the statement by the Federal Reserve to spend “unlimited” amounts of money to assure the smooth functioning of the investment markets. The stock market took that as a major positive, while gold took it as inflationary. It pleased the bond market because the Fed and other central banks are guaranteeing to be there to buy when very few investors are willing.
But will it be enough in a world awash with over $255 trillion in debt? Can the Federal Reserve bail-out everyone? Or will problems in other countries erupt to derail North American financial institutions, hedge funds and other investors? That’s a big question. Some would say THE question.
So What Do Some of The Best Analysts In The World Think?
You’ll have a chance to find out in the coming weeks thanks to some private videotaped conversations that I’m going to have with some of the top analysts. The ones who warned about the massive decline.
For example, on the evening of February 7th at the World Outlook Financial Conference, Mark Leibovit, who was just named Timer’s Digest Timer of the Year, warned investors, “I would not be a buyer until the end of the year.” Not a fun recommendation made two weeks before the panic set in but I liked how he emphasized the wide variety of indicators that were negative by reminding us that even the Super Bowl was giving a bearish signal! The winners, the Kansas City Chiefs, play in the AFC and 90% of the time a victory by teams in that conference coincided with a down market.
Mark also forecast a big rally in the bond markets, which also happened. Not surprisingly people want to know what’s next. Mark talked about two corrections, is the second coming and will it retest the lows?
What about bonds and interest rates? Have they reached the lows and is it time to bail-out of bonds? And what about gold? It’s rallied, but can it break through above $1765 close to confirm a new level?
Over the next month we are going to feature weekly private interviews with some of the analysts, like Mark Leibovit, whose work was correctly aligned with the market movements – and we are going share these interviews with subscribers of our Inside Edge Service. The interviews will get right to the point. Twelve to fifteen minutes to get the bottom line on buy and sell signal for a variety of markets.
In order to survive and thrive in these highly volatile markets we need a road map and that’s the goal of these interviews. For current members of the Inside Edge access is absolutely free.
If you are not currently a subscriber this is a great time to consider joining. Not only do you get access to these private interviews, you also receive the regular weekly updates from our network of analysts, AND as an added bonus your subscription will include access to ALL the 2020 World Outlook Financial Conference archive videos. There will also be the option to purchase access to the upcoming private interviews on an individual basis. CLICK HERE for more information and to subscribe.
I hope you take advantage of this opportunity.
My sincere best wishes for you and your family,
Mike

ValOre CEO Jim Paterson shares his personal approach to hedging against market downturns, and how it keeps him comfortable with his long positions in precious metals stocks. ~Ed
For more details on ValOre and it’s new uranium asset in Nunavut CLICK HERE

The oil price crash has attracted all the media attention to the dire state of the U.S. crude oil-producing sector with cash-strapped drillers struggling to make any money at $20 oil. The collapse of the price of oil, however, could be the first step toward higher U.S. natural gas prices as early as next winter, helping the gas-oriented shale firms who survive the next few months to have their gas selling for more than double the current rates.
The U.S. natural gas industry is set to suffer a lot in the short term, but the medium-term gain could be around the corner after the short-term pain, analysts say. The American natural gas market could be yet another example of the saying that ‘the cure for low prices is low prices.’
On Thursday, the benchmark price of natural gas at the Henry Hub closed at $1.733 per million British thermal units (MMBtu), down by 2.8 percent on the day. Earlier in April, the price had dropped to as low as $1.552/MMBtu…CLICK for complete article

Any safe haven asset worth its salt is supposed to rise and shine when all hell breaks loose in the financial markets, providing an escape hatch from market turmoil. Going by that criterion alone, bitcoin and the crypto markets have failed investors miserably during the ongoing COVID-19 crisis.
Last month’s epic collapse by bitcoin and the rest of the crypto universe eclipsed the equity markets selloff and seriously undercut crypto’s safe haven credentials. Instead of buying more bitcoin as cities and entire countries went into total lockdown, the coronavirus outbreak just proved how much people value cash–and toilet paper.
Investors rushed to liquidate their financial assets–including cryptocurrencies– en masse and stockpiled on huge rolls, leading to bitcoin crashing 60% in a matter of weeks and #toiletpapergate and #toiletpapercrisis suddenly trending on social media…CLICK for complete article
