PLIM Financial Preparedness Notes Sunday, 12-20-2020
Dr. Lee Warren, BA, PLIM Inc. Founder & CEO
Scripture Lesson: Neh. 10:31
Topic: Everyone Is Talking About the Reset
Neh. 10:31 And if the people of the land bring ware or any victuals on the sabbath day to sell, that we would not buy it of them on the sabbath, or on the holy day: and that we would leave the seventh year, and the exaction of every debt.
God Bless the USA - Lee Greenwood
Click here to view video.
Introduction
This is our last Financial Prep session for 2020. As we reported for the last five years or more, 2020 would be a year of great change, which it was.
I told you that the country would face great economic dislocation or depression.
CoVID-19 was the stimulus that caused the great Great Depression worldwide. As a result of CoVID-19 the whole world economy was shut down for three months. This resulted in devastating the world’s economy.
The results of CoVID-19 caused widespread layoffs in the US and this reduced consumer spending. 40 to 60 millions people got laid off. Industries, like airlines, rental cars, hotels, retail, etc. got shut down. With consumers spending greatly reduced, this reduced the money flow and the gross national product (GNP).
For the first half of the year, the GNP dropped 33%. Gold and Silver exploded. Gold went up 40% and silver went up about 100%. The US propaganda was there would be a V recovery, but it looks more like an L recovery, which is a very slow recovery. What is startling about the recovery is that 25% of all money printed happened this year, which is part of the stimulus package which consisted of $4-5 trillion dollars. This was the largest money printing in the history of the country. Experts speculates that they will need $4-8 trillion dollars in 2021. This would bail out corporations, industries, CoVID-19 help, etc.
Will 2021 be the bottom?
See videos below.
Bill Murphy: COMEX To Hit The Wall - US$100 Silver Explosion
Millions Run Out of Cash as Stimulus Cutoff Approaches! December Rent Not Paid!
Gold Price Will Do a Moonshot in 2021 With a Checkmate for the Federal Reserve | Lawrence Lepard
Jeffrey Gundlach "Stock Market Is Headed For A Crash"
Jim Rickards: Prepare For The New Great Depression
Shocking Decline In Retail Sales During Make Or Break Holiday Season, "Stimulus" Driving Wealth Gap
Cardinal Burke: Forces of the 'Great Reset' have used COVID to advance 'evil agenda'
Silver Roundtable: Bill Holter, Andy Schectman, Lobbo Tigre, Chris Marcus, & More
Would you really want $10,000 gold? Peter Hug gives his 2021 outlook
What's Behind the Coming Flood to Gold & Silver?
Bill Holter: Prepare Yourself For a Total Financial Collapse - New World Order Is Already Here
CDC Issues New Guidelines, Launches Probe After 1000s Negatively-Affected Following COVID-19 Vaccination
Breaking: Trump Calls For Americans To March On DC January 6 To Stop Foreign Takeover
Acting Defense Secretary Suspends Meetings With Biden Transition Team
Trump Signs Bill That Could Remove Chinese Stocks From U.S.
Trump: Supporters Should Join ‘Wild’ Protest in DC on Jan. 6
Stimulus update: Congress finalizes agreement on $1 trillion COVID-19 relief bill
Dr. Lee Warren, BA, PLIM Inc. Founder & CEO
Scripture Lesson: Neh. 10:31
Topic: Everyone Is Talking About the Reset
Neh. 10:31 And if the people of the land bring ware or any victuals on the sabbath day to sell, that we would not buy it of them on the sabbath, or on the holy day: and that we would leave the seventh year, and the exaction of every debt.
God Bless the USA - Lee Greenwood
Click here to view video.
Introduction
This is our last Financial Prep session for 2020. As we reported for the last five years or more, 2020 would be a year of great change, which it was.
I told you that the country would face great economic dislocation or depression.
CoVID-19 was the stimulus that caused the great Great Depression worldwide. As a result of CoVID-19 the whole world economy was shut down for three months. This resulted in devastating the world’s economy.
The results of CoVID-19 caused widespread layoffs in the US and this reduced consumer spending. 40 to 60 millions people got laid off. Industries, like airlines, rental cars, hotels, retail, etc. got shut down. With consumers spending greatly reduced, this reduced the money flow and the gross national product (GNP).
For the first half of the year, the GNP dropped 33%. Gold and Silver exploded. Gold went up 40% and silver went up about 100%. The US propaganda was there would be a V recovery, but it looks more like an L recovery, which is a very slow recovery. What is startling about the recovery is that 25% of all money printed happened this year, which is part of the stimulus package which consisted of $4-5 trillion dollars. This was the largest money printing in the history of the country. Experts speculates that they will need $4-8 trillion dollars in 2021. This would bail out corporations, industries, CoVID-19 help, etc.
Will 2021 be the bottom?
See videos below.
Bill Murphy: COMEX To Hit The Wall - US$100 Silver Explosion
Millions Run Out of Cash as Stimulus Cutoff Approaches! December Rent Not Paid!
Gold Price Will Do a Moonshot in 2021 With a Checkmate for the Federal Reserve | Lawrence Lepard
Jeffrey Gundlach "Stock Market Is Headed For A Crash"
Jim Rickards: Prepare For The New Great Depression
Shocking Decline In Retail Sales During Make Or Break Holiday Season, "Stimulus" Driving Wealth Gap
Cardinal Burke: Forces of the 'Great Reset' have used COVID to advance 'evil agenda'
Silver Roundtable: Bill Holter, Andy Schectman, Lobbo Tigre, Chris Marcus, & More
Would you really want $10,000 gold? Peter Hug gives his 2021 outlook
What's Behind the Coming Flood to Gold & Silver?
Bill Holter: Prepare Yourself For a Total Financial Collapse - New World Order Is Already Here
CDC Issues New Guidelines, Launches Probe After 1000s Negatively-Affected Following COVID-19 Vaccination
Breaking: Trump Calls For Americans To March On DC January 6 To Stop Foreign Takeover
Acting Defense Secretary Suspends Meetings With Biden Transition Team
Trump Signs Bill That Could Remove Chinese Stocks From U.S.
Trump: Supporters Should Join ‘Wild’ Protest in DC on Jan. 6
Stimulus update: Congress finalizes agreement on $1 trillion COVID-19 relief bill