Crude Oil has just hit a new 2023 high of $89.24 per barrel.
Apple (AAPL) is priced for perfection with an enterprise value/revenue ratio of 7.30 and its profit margins are about to decline dramatically. AAPL is at risk of a 50%+ decline from its current share price.
Most international stock markets benefit big from rising oil prices. Brazil will benefit most, and we expect iShares MSCI Brazil ETF (EWZ) to become the #1 largest gaining ETF.
As crude oil rises and international stock markets rise, the U.S. Dollar Index will resume its downtrend.
Gold will hit new all-time highs prior to crude oil hitting new all-time highs.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
