The Top Prophecy of the Week

Governments Giveth and Taketh Away [Gilder's Daily Prophecy] May 07, 2022 [UNSUBSCRIBE]( | [ARCHIVES]( CAUGHT ON CAMERA: Baltimore Woman Shocks American Investors… You’ve GOT to see [this.]( It’s a strange video clip from Baltimore, Maryland where a female interviewer goes live on camera and SHOCKS the financial world. [Click here to learn more]( [00:22]( Her name’s Brooke Rogers. And what she says at the twenty-two second mark will leave you utterly speechless. But don’t take my word for it. [See the explosive video clip for yourself right here.]( Governments Giveth and Taketh Away [Jeffrey Tucker]Dear Daily Prophecy Reader, By now, we all surely know that the “GDP” means almost nothing, except that it means everything. More specifically, it is a purely technical measure, easily distorted by crazy inclusions and exclusions. On the other hand, the data reporting alone has a huge psychological effect on markets and investor sentiment. One more quarter and the recession will be officially declared. Two things about that. 1) Absolutely everyone in mainstream financial media will be united in messaging that this is purely a technical and very mild recession, if it is a recession at all. They will be out in full force to dial back the worry and panic. 2) It is more correct to say that we are actually entering into the third year of an authentic recession. We just don’t see it, due to wild government spending and money printing. There are, however, some pieces of data that government cannot hide. Let’s look at the latest punch in the chops: real disposable personal income. This is the stuff that people actually care about, unlike GDP. Here we see the biggest shell game in the modern history of government fiscal and monetary policy. It shows that: we were rich! And then suddenly we were not. They gave us lots of money! Then they took it all away by depreciating the purchasing power of that money. If there is a case for mass outrage, this is it. Sadly, most people cannot figure this out. It is opaque and the lines of cause and effect are too complicated for the Facebook and Tiktok generation. We know what happened now, thanks to reporting from March. This is a beautiful yet terrifying picture of trickery and robbery. [chart] Now let’s flow the data a bit differently, looking at percentage change year over year. You can see here how suddenly all of this caught up with everyone. The valley mirrors the peak almost exactly. [chart] And guess what? Inflation is still rocking in real time, right now running 12.1% according to the data tracker at Truflation (which I’ve come to trust). That’s a very slight pullback from a month ago but nothing to celebrate. And there’s every indication that this problem will get worse over the summer. So you can take a ruler and plop it on the down turn in the above chart and draw a line. Here is a perfect picture for why so many among the not-ridiculously-rich are now seething in anger. They sense prosperity draining away. They are spending and adding debt like there’s no tomorrow. And that’s because there are widespread expectations that tomorrow is going to be much worse. Consumer confidence is right now lower than it was during the depth of lockdowns. And this is because policy has done nothing to repair the grotesque damage and much to make it worse. [chart] “The Mainstream Media Is Lying To You!” The media would have you believe that the worst of the supply chain issues are over. But the opposite is true… Behind the scenes, things are getting much, much worse. Bob Biesterfeld, CEO of one of the biggest logistics firms in the world, warns “the pressures on global supply chains have not eased, and we don’t expect them to any time soon.” This is going to impact every American’s life in a potentially major way… And I’m urging everyone I can to prepare now. [To see the #1 move to make before this problem gets any worse, click here now.]( And Yet the Flowers Bloom Spring has bloomed all over the country and people are out and about rediscovering the meaning and beauty of life. It’s a happy time that masks deep hurt and depression. In the South and most of the West, apart from crazy California, there are no masks to be seen. In the Northeast, there are still some sad sacks out and about wearing masks, perhaps 5-10% of the population that is still very confused. They got vaccinated and boosted and maybe boosted again and still got Covid. They mask up because they don’t want to get it again, completely oblivious to the reality that natural infection is protective, while the mask is not. The truth is that public health messaging for two years has been nothing but obfuscation and duplicity. As a result, we lost many souls and people lost their minds too. Still, it’s great that the pandemic is officially declared to be over. But we might ask why. The reason is entirely political. The DNC has discovered through its polling that it faces an absolutely political calamity in November. The party is flying into action, doing its best to dramatically change the public mood. The CDC went along and changed the color coding on its inflection map and is ever more saying that infections don’t matter, only deaths. We are now in another seasonal downturn, so it works out. Currently seroprevalence data show that 60% of the country has been infected and recovered. What is the right percentage for the absolute achievement of herd immunity? No one knows because it really does depend on the prevalence of the strain it is above 50% and below 100%. What this means is that there are likely many more people who are vulnerable to catching this thing two years later. This leaves open the possibility of a complete repeat of the hysteria starting after November. The ruling class has now full confidence that it can turn on panic and turn it off in a matter of weeks, with just the right messaging. Will anyone believe them next time? Maybe… The Crypto Shift As financial markets continue to weaken, and the dollar loses value, plus many in the housing industry are anticipating that the peak for prices is over and now the industry could face a crisis, there is a real question about where the smart money is going now. The obvious answer is crypto. But here there is tragedy too. Almost the entire industry has gone custodial, meaning that third parties control most all access. Here we had the perfect technology for the achievement of absolute financial independence but it has been eschewed due to intimidation and widespread ignorance. As a result, there is a real recession in the distribution and deployment of Bitcoin ATMs across the country. That of course could turn around in the next bull market for crypto. But in the meantime, we are seeing all the big financial houses shift to allow ever more investment in crypto from 401Ks and other investment funds. This seems like a good path for diversification but it is far from being the ideal and it betrays the promise that crypto hoped to offer ten years ago. Meanwhile, spring has sprung, the flowers look sweet, and people are glad for a return to normalcy, no matter how degraded it is relative to three years ago. If governments would leave the markets alone, recovery could be real. But there is almost no chance of that, regardless of who takes control of the machinery of the state starting in November. Regards, [Jeffrey Tucker] Jeffrey Tucker P.S. This has nothing to do with tech stocks, energy stocks, precious metal stocks, or industrials stock. Instead… This is a new asset class that Worth Magazine says is already “[minting the next class of millionaires]( As a result… We ask you not to share these tickers with anyone else. Simply because these ideas are truly rare and life-changing… So the more people who get these ideas now… The less valuable they are to YOU today. [Go here now to get ahead of the crowd](. The Top 7 Metaverse Stocks to Buy RIGHT NOW Wired Magazine reports: “The Metaverse is arguably as big a shift as the telephone or the internet.” Which is why a small group of Metaverse stocks have ALREADY been stacking up [3x… 5x… even 11x gains]( over the last two years. [Click here for the details on the top 7 Metaverse companies we’re recommending today. (Plus: FREE ticker revealed inside)]( [Three founders Publishing]( To end your Gilder's Daily Prophecy e-mail subscription and associated external offers sent from Gilder's Daily Prophecy, feel free to [click here](. If you are having trouble receiving your Gilder's Daily Prophecy subscription, you can ensure its arrival in your mailbox by [whitelisting Gilder's Daily Prophecy](. Gilder's Daily Prophecy is committed to protecting and respecting your privacy. Please read [our Privacy Statement.]( For any further comments or concerns please email us at GildersDailyProphecy@threefounderspublishing.com. Nothing in this e-mail should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. © 2022 Three Founders Publishing, LLC., 808 Saint Paul Street, Baltimore MD 21202. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Three Founders Publishing, LLC. EMAIL REFERENCE ID: 401GDPED01[.](