by Steve St. Angelo
In Tom Cloud’s newest precious metals update, he discusses how the ongoing global contagion and supply chain disruptions won’t be something that will be resolved quickly. I agree. I believe this is by the far the most miss-diagnosed problem that the market, investors, and individuals fail to realize.
Once the reality of the supply chain disruptions become more in front of the public and investors face, then we are going to see huge losses in the global stock markets. Tom also states that bonds won’t be a good safe haven during this time. I would also agree with him.
I don’t believe enough people are taking this contagion seriously. If you haven’t already done so, it’s a good idea to go out and get some extra food and supplies just in case there are issues with the supply chain.