Are Surging Gold Prices a Sign of Coming Inflation?

Six-month on the Covid crisis continues with political unrest on the side, with that the stock hasn’t crashed and gold is reaching record highs in the $2,000 per ounce range. Millions are unemployed and receiving government assistance as large sectors of the retail, restaurant and entertainment industry lay idle, waiting for the lockdown to end. Cities fraught with violent riots under the cover of political protests are seeing businesses close and highly-productive citizens fleeing: New York, San Francisco, Seattle, Portland, Minneapolis are all seeing this trend accelerate. During it all how are the fundamentals of the economy reacting?

An upswing in gold prices is viewed traditionally as investors fleeing stocks in fear of inflation, however, those bets have often proven wrong in the past and may well be mistaken again. Inflation generally accompanies an overheating economy, not one that is slowing down. Gold prices also signal fear of a stock market collapse, but many sectors of the economy are proving resilient and one aspect of previous downtowns must be taken into consideration: an extremely powerful Internet infrastructure that allows for many businesses to continue operating remotely or providing services and selling products online. Compared with the downturn in 2008, the speed and power of Internet connections has increased 100 times in terms of backbone strength.

Such a trend has allowed millions of workers, teachers and school children tore main productive despite the lockdown, thus providing an economic cushion. Cities with safe environments will welcome millions of transplants fleeing lockdown and political unrest, causing some to cities to suffer a slow, painful decay while others prosper mightily. When this ends, a coiled spring of economic growth will result.

Q & A:

1. Will gold continue to rise and along with it the rate of inflation?

A: Gold has been going up the last few months in response to real fear of economic collapse, however, this is a knee jerk reaction as uncertainty grips everyone. Investors rushing for the exits may have missed many opportunities as many sectors of the stock market have proved sturdy and growing. But one question can’t be answered; when will the lockdowns end? Restaurants and real estate are bleeding out everyday they are not allowed to operate.

2. Is gold a true safe haven?

A: It depends on the form of your investment; are you taking the actual gold bullion or gold futures, big difference. Having gold bars in your safe is all nice and fine, but if the economy recovers and the fear of inflation dissipates then the price of gold, as it always does, will retreat along with other precious metals.

3. We are looking a fall season unlike any ever experienced in the lives of everyone, what can government leaders do now?

A: Well for one thing they should even talk about raising taxes, that would cripple an economy that is fighting to stay afloat. All one hears from the Democrats are further plans for sucking up the wealth of private citizens, whether if it higher personal income, capital gains taxes of abolishing 401k style retirement plans. These types of actions would be devastating.

4. What are the worst political leaders doing right now?

A: Cities and states are in a double bind, places like California, Illinois and New York are crippling the economy with lockdown policies and allowing violence to flourish. Asking citizens to endure both sides of this equation will only result in total disaster. You will get a shrinking economic base and empty cities run by criminals.

5. Even with all the uncertainty, the stock market has held up rather well?

Absolutely, I believe many smart investors know this economy was booming and is now like a coiled spring ready to blast forward. When the government gets out of the way it blast off and the gold investors will be left out in the cold. In our modern world capital flows rapidly and the Internet backbone allows for versatility.

6. Where may we get more information on your company, PatriotGold Group, investments and the economy?

A: PatriotGoldGroup.com

Jack Hanney has been in the financial markets for 20+ years and is widely heralded as an expert in his field.

Born and growing up in Westchester County, NY where his father was a successful politician and owner of an Insurance Brokerage Firm. Jack began subscribing to The Wall Street Journal at the age of 14 and moved to California in his early 20’s to study under William O’Neill, arguably the single most successful investor in the history of the markets and founder of Investor’s Business Daily and author of How to Make Money in stocks.

Jack Hanney went on to be the General Manager and Director of Sales at several algorithmic automated trading companies trading the futures and commodities markets working with Introducing Brokers out of Chicago, Geneva and NYC. Jack was recruited by several tech startups and made aname for himself at Infosearch Media, Virtumundo and The Design People before returning to Finance. Jack passed on Morgan Stanley and other reputable, prestigious Brokerage firms to be a CFP in their Wealth Management Divisions and opted for a position as Senior Executive Trader with MG Private Client Services where he spent 4 years 2010-2014.

Jack Hanney had spent two years as Director of Trading, Executive Vice President of WDM overseeing the Retail Division before collaborating with two other prominent experts in his field and opening PatriotGold Group a collective of Industry-Leading Experts bringing their clients Investor Direct Pricing and superior customer service.

Jack has written over 200M in business and trades maintaining outstanding relationships with his clients at Patriot Gold Group(PGG), where he is a senior partner, who he refers to as dear friends and family and now … welcoming them to the PGG family of investors. Jack resides in Los Angeles, California and is the proud father of his two daughters, Kate age 10 and Luna age 18.

The post Are Surging Gold Prices a Sign of Coming Inflation? appeared first on Good News!.

“The Little Flower” is an educational, inspirational and at times comedic one-man show set in the office of Fiorello H. La Guardia, during his last day as three-term Mayor of New York City in 1945. The stage is a theatricalized representation of the American-Georgian City Hall building in Manhattan’s City Hall Park. This show can be performed with either a full set, limited set or touring set on a limited budget.

“The Little Flower” presents a historic look into the life and career of Mayor Fiorello H. La Guardia – a courageous and flamboyant personality, who read comics to the children during a newspaper strike, fought against corruption and cleaned up city politics setting a new standard for mayors and politicians in America. He was a great statesman and champion of the poor and under privileged, and a father figure to millions of Americans living through the hard times of the 1930’s and 1940’s. La Guardia was a man of integrity with outstanding principles, morals and values whose voice resonated throughout America. He was steadfast in standing up for his beliefs regardless of obstacles, challenges or political agenda.

The show is set in “present time-1945” and “flashbacks.” Chronologically, it re-enacts important events in La Guardia’s life and the lessons he learned. It moves colorfully through the first half of the 20th century in America, and provides a clear vision of a man who not only lived through those times, but helped shape them. The problems La Guardia faced parallel those we are facing now. He held strong convictions on family values, inflation, women’s suffrage, financial responsibility, education, unions, political corruption and prohibition. He transcended political party barriers while holding strong to his plan of action that served him well then and could serve the American people today!

What this world needs is another La Guardia, and I am truly honored and excited to present “The Little Flower”, the return of our One-Man Show. This adaptation is enlightening and inspirational. His legacy will live on forever!

Please contact me upon receipt of the enclosed so that we can discuss the project in further detail at your early convenience.

“The Little Flower”
Starring: Tony Lo Bianco
Tony Lo Bianco (born October 19, 1936) is an American actor in films and television.

Lo Bianco was born in Brooklyn, New York, the son of a taxi driver.[1] He is known for his tough guy, Italiante blue-collar roles in the cult films The Honeymoon Killers, God Told Me To, and The French Connection. Lo Bianco was a Golden Gloves boxer and also founded the Triangle Theatre in 1963, serving as its artistic director for six years and collaborating with lighting designer Jules Fisher, playwright Jason Miller & actor Roy Scheider.[2] Lo Bianco won an off-Broadway Obie award for “Yanks-3, Detroit-0, Top of the Seventh.” Most notably, Lo Bianco was nominated for a Tony for his portrayal of Eddie Carbone in Arthur Miller’s ”A View from the Bridge”.[3] He also won the 1983 Outer Critics Circle Award for this performance.[4]

Lo Bianco first portrayed the larger-than-life 1934-1945 mayor of New York City Fiorello H. LaGuardia in a one-man show, Hizzoner!, written in 1984 by Paul Shyre. Lo Bianco continued his work on the life of LaGuardia in a revised revival of the piece in 2008, titled LaGuardia.[5] His third incantation of the mayor’s life is set to debut in a limited run Off-Broadway in October 2012, titled The Little Flower. [6]

Lo Bianco, an Italian American,[7] was the National Spokesperson for the Order Sons of Italy in America.[8] His many humanitarian efforts have earned multiple awards, including Man of the Year for Outstanding Contributions to the Italian-American Community from the Police Society of New Jersey; a Man of the Year Award from the State of New Jersey Senate; a Lifetime Entertainment Award form the Columbus Day Parade Committee; the 1997 Golden Lion Award; Humanitarian Award of the Boys’ Town of Italy.[9]

THE CRITICS RAVE!
“A delight! New York’s most colorful mayor comes alive. A wonderful evening of theater. Tony Lo Bianco is brilliant!”
Jeffrey Lyons, WNBC

“Tony Lo Bianco shines in his stirring solo show about New York’s legendary mayor. Lo Bianco’s impassioned delivery of a vintage campaign speech could have been written yesterday. A highly energetic and entertaining performance!”
Frank Scheck, The Hollywood Reporter

“Tony Lo Bianco is a supremely talented and innovative actor who brings Mayor Fiorello La Guardia to life in an evening so exhilarating that New Yorkers – especially political junkie types — who don’t catch this one-man show should be fined. It would be a crime to miss it”
Linda Stasi, New York Post, commentator, NY1

“Bravo Tony! A wonderful performance about Mayor La Guardia,
a man of his time and ours.”
Pia Lindstrom

“Tony Lo Bianco gives a mesmerizing and beyond brilliant performance. His transition into La Guardia captures the essence of this lovable man. I for one nominate Tony Lo Bianco to run for mayor!”
Jules Peimer, Broadway After Dark

“Mr. Lo Bianco’s award-winning performance should not be missed! Please take time from your busy schedule and go see Tony Lo Bianco’s extremely realistic performance. You will not be sorry. He is so convincing you feel as though you are looking at and hearing
Mayor Fiorello La Guardia live on stage.”
James C. Lisa, Italian American Journal

SO DO THE POLITICIANS!

“It was wonderful. Now I know what to do.”
Mayor Michael Bloomberg after seeing “La Guardia.”

“Brilliant! A man of and for the people. Government at its best.”
Peter Vallone, Fmr. Council Speaker, New York City

“Lo Bianco is a knockout. He captures La Guardia’s essence in this funny and poignant play.”
“He is inspiring!”
Congressman Mario Biaggi

“La Guardia’ is brilliantly performed by Tony Lo Bianco and transports
you to a bygone era in NYC’s history. It is as topical as
today’s news with a history lesson to boot.
Tony is superb in delivering a fascinating performance.”
Joe Bruno, Commissioner NYC OEM

“Fiorello La Guardia truly comes to life on the stage. This one-man tour de force is a must see for anyone who loves the history of what makes New York City the unique city that it is. Lo Bianco gives a skillful and passionate interpretation of this extraordinary leader!”
Thomas DiNapoli, New York State Comptroller

AND THE FAMILY!

“Tony Lo Bianco is LaGuardia! To watch the joyous faces of all who see him in this role reminds us of the great love New Yorkers still have for their former Mayor”
Katherine D. LaGuardia, granddaughter and Chair, Fiorello H. LaGuardia Foundation

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