Dr. Mark Skousen, PhD Economist, is famous as one of the world’s foremost Perma-Bulls.
Over his 40-year career, he’s always bet on America and told his subscribers to believe that good times will continue going forward.
And that’s always paid off.
But now, he says it is different.
For the first time in his 40-year career, he’s issuing a stark warning.
He says, “I am more worried about stocks now than any time in my career.”
Well… just look at the numbers.
The Federal Reserve just released an estimate that 47 million Americans will lose their jobs… growing the unemployment rate to a staggering 32%.
Keep in mind, the highest unemployment rate ever in The United States was 24.9% in 1933 in the middle of The Great Depression.
32% blows that away.
And there is more.
The Wall Street Journal says a debt crisis that could devastate pension funds, insurance companies, and mutual funds is on the way.
And there’s a brewing mortgage crisis too.
The New York Times reports that a full 40% of tenants were already not paying rent in the first month of the meltdown.
And mortgages are headed for default on a massive scale:
From Politico: “Usually, a mortgage company can withstand a few borrowers failing to make payments, but the breadth of the coronavirus pandemic has sparked industry estimates of between 25 and 50 percent of borrowers being unable to pay.”
There are a lot of reasons to be worried.
So what should you do with your money?
Dr. Skousen has the answer.
He’s found a zero downside investment where you cannot lose one penny of your principal.
And yet, from 2000 to 2019, this investment actually performed BETTER than stocks.
It pays 489% more than savings accounts and 176% more than Treasuries.
If you want a little piece of mind amidst the chaos, Dr. Skousen has put together a full presentation detailing this zero downside investment.
Click here to get his full breakdown now. If you want to sleep well at night during this chaos, I don’t recommend waiting.
“Mark Skousen should get the Nobel Prize in Economics.”
“Mark Skousen is one of the best economists I know.”