Strategic Intelligence February Portfolio Update

With details of the new COVID spending program coming to light, injecting new cash into the system on such a massive scale will only cause more reliance on government spending than before. If we no longer have a self-sustaining economy, but one that’s addicted to perpetual multi-trillion-dollar deficits, then most investors are likely to be disappointed with the future, after-inflation returns of their portfolios. We continue to recommend a defensive portfolio posture. For now, read on as Dan gives guidance on all our open positions, including moving AG from a buy to a hold.

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Frank DeVechio

Frank is the managing editor for Jim Rickards’ Project Prophesy, Jim Rickards’ Strategic Intelligence, Jim Rickards' Crash Speculator, Jim Rickards’ Unrestricted Clearance, Nomi Prins’ Dark Money Millionaires and Nomi Prins' 25 Cent Trader.

He attended East Carolina University in North Carolina where he studied finance and economics. Frank has also written copy for Paradigm Press...

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