CPM has been writing about the wisdom of holding increased portions of one’s wealth in gold as economic, political, and financial market problems rise. We see the next five years, maybe longer, as being particularly hostile to consumers, investors, and small enterprises for a variety of reasons.

Then the Coronavirus epidemic turned into a pandemic, which changes everything. It accelerates and heightens the hostile economic, political, and financial developments. Several clients, reporters, and others in recent weeks have said to us, ‘you can’t prepare for the unforeseeable,’ to which we have replied: Yes, you can! The subject of “How You Can Prepare For the Unforeseeable” is a central premise to the wisdom of holding some of your wealth and portfolio in gold.

CPM’s thinking here started with an interview at PDAC two weeks ago. The reporter said she guessed no one can prepare for the unforeseeable. I said, “Of course you can. You can assume with 100% certainty that:

• There will be many recessions in the future,
• Major global and national financial crises,
• International political disputes, and
• Global epidemics.”
  • You also can add: Natural and manmade disasters and
  • Ineffective government responses,
  • Stock market crashes and bear markets.

These obviously will occur, as they always have. You just do not know when, how deep, how widespread, and how long they will last, and what they will do to you personally. But you can be sure they will happen, and yes you can prepare for them. Just looking at the medical epidemics of recent years:

                  SARS 2002 – 2004
                  Swine Flu H1N1, 2009
                  MERS 2012
                  Ebola 2013 – 2016
                  And now Covid-19
                  Don’t forget all the ones before 2002, including the swine flu pandemic of 1919.

No one should have assumed the risks of global medical epidemics and pandemics ended with Ebola. Laying in the ability to isolate yourself and take care of yourself is no different than preparing water, batteries, lanterns, and such if you live in hurricane country, a flood plain, earthquake fault line, or tornado zone.

You prepare by:

• Buying and holding gold
• Diversifying one’s wealth
• And doing other things like diversifying where your assets are stored.

CPM Group Gold Yearbook 2020 – Release and briefing

CPM Group will release its Gold Yearbook 2020 with a live webcast from New York City on 24 March 2020. CPM Group’s Gold Yearbook 2020 contains detailed statistics on the international gold market. It includes analysis of supply and demand trends, bullion and futures market activity, central banks, investment demand, projections for the next year, and much more.

Live Webcast 24 March 2020 – 10:00 a.m. – 11:30 a.m. Agenda: 10:00 – 11:00 2020 Yearbook briefing
11:00 – 11:30 Q&A

Click Here to register for the event.

Click Here to purchase the yearbook.