Stocks plummeted this week & investors are terrified, notes Mark Skousen, growth stock expert and editor of Home Run Trader.
And Morgan Stanley just announced a “20% drop in the S&P 500 (SPX)” could happen any moment. It's time to prepare for a market moment that could define your wealth for the next decade. A small group of US investors are in line to receive advance notice of the exact day of the next market crash.
“There will never be peace in the world as long as Communism exists. We are in a war to the death, and not of our choosing.” -- Fred Koch 1960
Fred Koch, the father of libertarian billionaire Charles Koch, wrote those words in a pamphlet entitled A Business Man Looks at Communism. He had first-hand experience doing oil business in the Soviet Union in the 1930s, witnessing poverty, brutality, and atrocities under Communism. He also was prophetic when he wrote on p. 18, “At the proper time you will see that Venezuela is as Communist as Cuba.”
Fred Koch was pessimistic about the fight against Marxism-Leninism. He did not foresee the collapse of the Berlin Wall in 1989 or the fall of Soviet socialist central planning in 1991.
But he was right about one thing—the Marxist Communist threat is still alive; world peace is elusive. Russia may have officially renounced the Soviet state, but Vladimir Putin, a former KGB agent, is an authoritarian and brutal dictator and the greatest threat to peace and prosperity since World War II. The outcome of this battle in Ukraine is still to be determined.
Meanwhile, the Russian invasion has destabilized economies and the markets, and threatened the future of globalization. International trade used to expand every year, but since 2020 has been on the decline. The Russian war has also ignited a major bull market in oil, precious metals and other commodities.
It is also a stimulus to the military-industrial complex that President Dwight Eisenhower warned us against some 60 years ago. As Randolph Bourne, an anti-war writer during World War I, warned, “War is the health of the state.”
Military conflict will increase the pressure on our financial resources at a time when we are vulnerable. The national debt is already over $30 trillion due to profligate spending by Republicans and Democrats. More inflation is on our way.