By David Forest, editor, Strategic Investor

David Forest

A crisis is unfolding in America.

As you know, millions of Americans have been decimated by the economic damage of the coronavirus.

To stave off total collapse, the federal government took desperate action.

Interest rates plummeted… evictions paused… and Congress even deposited checks directly into American bank accounts.

Yet… look around. Americans are still piling into food lines. Millions are still jobless. The country still sits on the edge.

And as bad as this is, it could get much worse…

Our Wallets Are Feeling the Crunch

We’ve just hit 7.5% inflation, year-over-year.

And that’s affected the prices of major goods:

  • Used cars and trucks are up 40.5%

  • Gas prices are up 40%

  • Utility gas services are up 23.9%

  • New vehicles are up 12.2%

  • Commodities other than food and energy are up 11.7%

We’ve also seen a surge in civil unrest. Violent protests and riots left a trail of destruction in their wake, causing billions of dollars in damage.

Most people chalk the unrest up to political division and social justice. But here at Casey Research, we don’t view things through the lens of popular opinion.

That’s why I view the rioting and violence as something different.

Social injustice isn’t what’s causing violence in the streets. That’s just an excuse. I see it as the ever-growing wealth gap. And it’s only going to get worse.

But fortunately, at Casey Research, we look for the big picture trends that will come out of this surge in inflation… and ways to protect (and grow) our wealth in the face of crisis.

The Wealth Gap Is Widening

Today, 10% of the U.S. population controls 70% of the country’s wealth. Thirty years ago, that figure was 60%. What’s more, the top 10% own 28 times more wealth than the bottom 50%. In 1991, it was only 14 times.

Chart

In fact, according to the Bloomberg Billionaires Index, the top 57 wealthiest Americans have more wealth than half the U.S. population.

However, it’s not just an index telling us something’s not right…

An Inevitable Uprising

According to a report from The New York Times, an estimated 1.5 million New Yorkers can’t afford food.

Next door in New Jersey, the Community FoodBank of New Jersey warned 1.2 million state residents are food insecure.

And it’s just going to keep getting worse as inflation keeps eating away at paychecks…

It all comes down to money. Or the lack of it.

As people use more and more of their paychecks to buy less and less food… as retirees see their savings dwindle… and as everyday Americans see their nest eggs get completely sideswiped… that’s when we’ll see a true uprising.

In fact, regular readers know our founder, Doug Casey, sees a breakup of the U.S. as inevitable.

But as this crisis plays out, there is a way for investors to keep themselves shielded from the worst effects. In fact, if you act quickly… you can come out of this storm safe, secure… and ahead in your investment account.

I’ll give you all the details on what to do… how to keep your nest egg from getting wiped out… and where to park your money as this plays out in my urgent briefing right here.

Keep walking the path,

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David Forest
Editor, Strategic Investor

P.S. I’ve also put together a report on what 27 items you need to buy right now to hedge against price increases… and to weather whatever comes in the months ahead. Learn more here.

Casey Research Is Hiring… Could You Be the One for the Job?

Casey Research is searching for a highly experienced, connected, credible senior research analyst. What makes you tick? All things electric vehicles.

You believe in the technology… you believe it will change the layout of the world… and you understand the enormous investment opportunities in the EV sector.

You also have big ideas about what’s ahead for the electric vehicle industry… and which niche areas of the market are set to boom based on the demand for metals, tech, charging stations, safety, you name it.

To put it simply, if you have smart ideas… you have a vision for the EV market… and you can demonstrate how investors can make money from it, we want to talk with you.

The outcome: potentially partner with the Casey Research team to help lead our EV research efforts.

Responsibilities

  • Immerse yourself in everything related to electric vehicles

  • Be the go-to expert for EV investment analysis and commentary

  • Research and analyze trends in the EV industry

  • Augment existing research on EV-related companies

  • Help develop investment themes and ideas

  • Build on existing industry contacts, travel to trade shows, industry events, and conferences

Qualifications

  • Ideally several years in the EV industry, working for a related company, in consulting, or private equity

  • Bachelor’s degree a plus but not required for a real industry expert

  • Demonstrable industry connections/network

  • Deep understanding of EV supply chain

  • Strong analytical skills

  • Can handle multiple, complex issues, and prioritize in demanding situations

  • Sedentary work that primarily involves sitting/standing

  • Visual acuity for reading and using the computer

  • Ability to hear

  • Ability to freely move about the office

  • Ability to use the phone/computer/keyboard/mouse/general office equipment for extended periods of time

  • Ability to communicate well with others in order to exchange information

  • Fluency in the English language

If you think this sounds like you, send a message to [email protected] with the subject line: Your Go-To EV Expert.

About Legacy Research Group

From the beginning, independence has been the key to our success. Unlike the mainstream press, we don’t make our money from corporate advertisers. And unlike Wall Street, we don’t take commissions or fees from the companies we cover in our newsletters.

Instead, we offer ideas, opinions, and recommendations.

Our mission is to provide readers with a broad view of the world. So, we ask questions. We research and test. But we do not claim to have the last word on every issue. We explore ideas with our readers… so they can decide for themselves.

That means we don’t have a one-size-fits-all approach to finance and investing… just like each of our readers has his or her own personal investing style.