13 Apr 2020
0

The Arriving Great Depression 2.0

Roger Rossmeisl, CPA
Current Events, Economic Concepts
The Arriving Great Depression 2.0

As  posted to the Peak Prosperity YouTube Channel on 4/3/2020 (Run Time: 25 min, 0 sec) When Starting Clip at Time Code 19:39 Author's Description of "The Arriving Great Depression 2.0" Segment of Clip "In the past two weeks (as of 4/3/20), 10 million Americans have already filed for unemployment. Moody's is now warning that 30% of all mortages could go into default this year. And the peak of the Coronavirus outbreak in the US still isn't projected to arrive for several more weeks. How bad will the economic fallout from covid-19 be? Truly epic. As in possibly "Great Depression 2.0" magnitude. Yes, the clown show in charge of dealing with this mess will likely just make things worse. But the reasons for the dismal economic outlook go far...

10 Apr 2020
0

The Importance of Wearing a Mask

Roger Rossmeisl, CPA
Current Events
The Importance of Wearing a Mask

As  posted to the Peak Prosperity YouTube Channel on 4/2/2020 (Run Time: 7 min, 4 sec) Author's Description of Clip "The most effective step each of us can take right now to beat COVID-19 is to start wearing a mask. It's cheap. It's easy. And if we call do it, it will give us a HUGE advantage in the fight against this pandemic. You don't need a fancy mask. A simple DIY version will suffice. Wearing one does the following: greatly reduces the particles a sick person can spread, prevents you from touching your mouth and nose, by far the most common way we can get infected, and substantially increases your odds of having a mild case, should you get infected If we all wear masks: I protect...

22 Mar 2020
0

The Financial System Just Broke

Roger Rossmeisl, CPA
Current Events
The Financial System Just Broke

(Part 1) Posted to the Peak Prosperity YouTube Channel on March 22, 2020 (Part 2) Posted to the GoldSilver.com YouTube Channel on March 22, 2020 Part 1 - Financial Armageddon (Run Time: 21 min, 04 sec) Part 2 - Is it Too Late for Gold & Silver? (Run Time: 19 min, 35 sec) Join Mike Maloney (GoldSilver.com) and Chris Martenson (Peak Prosperity) in this two-part discussion of the ‘financial armageddon’ taking place in markets, along with information on how they are investing and protecting themselves financially during this crisis. (This is Blog Post #770) Chris Martenson, is a former American biochemical scientist and Vice President of Science Applications International Corporation.  Currently he is an author and trend forecaster interested in macro trends regarding the economy, energy composition and the environment at his site, www.peakprosperity.com. Michael Maloney, founder...

20 Mar 2020
0

Jim Rickards on Unfolding “Ice-9” Situation

Roger Rossmeisl, CPA
Current Events, Economic Concepts
Jim Rickards on Unfolding "Ice-9"Situation

As posted to Kitco News YouTube Channel on 3/18/20 "We are potentially entering an 'Ice-9' situation where the entire world may 'freeze' over economically, said Jim Rickards, best-selling author of 'The Road to Ruin' and 'Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos.'” “If you shut down the New York stock exchange, and I can’t sell stocks and get cash, I’m going to sell my money market funds or redeem my money market funds. Then you’ve got to shut down the money market funds industry, and then people say ‘ok, I’ll go to the banks or the ATMs,’” he said. “And then you’ve got to shut down the banks so the point is, it spreads from exchange to money markets, to brokerage accounts, to banks, and...

15 Mar 2020
0

Preparing for a National Lockdown

Roger Rossmeisl, CPA
Current Events
Preparing for a National Lockdown

As  posted to the Peak Prosperity YouTube Channel on March 15, 2020 (Run time: 45 min 07 sec) In today's update, on the Wuhan New Coronavirus (aka "Covid-19"), Chris Martenson reports: "As the number of Covid-19 infections outside China now exceed those within, the masses across the world are starting to panic. Empty grocery store shelves. Fights over toilet paper. Schools closing and sending students home en mass. Desperate pleas from health workers to stay home when sick unless in truly dire condition. And this with just 170,000 total worldwide cases (that we know of). Now, just imagine what the fear factor will be like when that number is 1.7 million. Or 17 million. Or 170 million. Or (and this is possible) 1.7 billion. Chris predicts that more national...

11 Mar 2020
0

Unpacking the Economy’s Bubble Dynamics

Roger Rossmeisl, CPA
Current Events, Economic Concepts
Unpacking the Economys Bubble Dynamics

As  posted to the Peak Prosperity YouTube Channel on 3/9/2020 (Run Time: 49 min, 14 sec) Author's Description of Clip "For years, Peak Prosperity has been raising a loud warning of the 'Everything Bubble' that the world's central banks have blown in global asset prices. Over that time, we've debated with hundreds of economic experts on what will be the trigger to "pop" this mania. Well, now we're finding out. The economic damage being wrought worldwide by the Coronavirus is the black swan the system never saw coming. Trade is being strangled, and the necessary productivity needed to support that massive increase in global debt that has been taken on over the past decade is just not there. Bankruptcies are set to ripple across industries like wildfire. Mass layoffs...

05 Mar 2020
0

Currency Oblivion Coming

Roger Rossmeisl, CPA
Current Events
Currency Oblivion Coming

As  posted to the GoldSilver.com YouTube Channel on 3/3/20 (Run Time: 28 min, 07 sec) Mike Maloney believes that the Fed now has no option but to print the US dollar into oblivion, find out why in this comprehensive analysis of Tuesday’s (3/3/20) market action. The Fed's rate cut, bonds, gold and silver are all discussed. (This is Blog Post #759) Michael Maloney, founder of www.GoldSilver.com is also the author of the world’s best selling book on precious metals investing.  Since 2003 he has been advocating gold and silver as the ultimate means of protecting wealth from the games played by our governments and the banking sector....

05 Mar 2020
0

Supply Chain Disruptions Will Crash the Stock Market

Roger Rossmeisl, CPA
Current Events
Stockman on the Feds Rate Cut

As posted to the David Stockman YouTube Channel on 3/2/20 David Stockman appears on Fox Business Network's "Cavuto: Coast to Coast" to discuss the devastating effects that supply chain disruptions caused by the pandemic will have on the stock market. (This is Blog Post #758) David Stockman is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan and as the Director of the Office of Management and Budget under President Ronald Reagan.  He is the author of a number of books including "The Great Deformation: The Corruption of Capitalism in America" and, most recently, "Trumped! A Nation on the Brink of Ruin . . . and How to Bring it Back".  His current content can be found at davidstockmanscontracorner.com, ...

02 Mar 2020
0

Jim Rogers on Gold Market Meltdown

Roger Rossmeisl, CPA
Current Events
Jim Rogers on Gold Market Meltdown

As posted to Kitco News YouTube Channel on 2/28/20 "Pandemic fears continued to move stocks towards the worst week since the financial crisis. What is the key to navigating this sell-off? Joining Daniela Cambone for an exclusive interview is legendary investor Jim Rogers. The Dow Jones Industrial Average dropped 900 points, or more than 3%, and traded below 25,000. The S&P 500 slid 2.6% and gold futures were in freefall heading into the weekend, down close to 3.5% on the day, last trading at $1,583.90 an ounce. Rogers comments on where to keep your money safe." (This is Blog Post #757) James B. Rogers, Jr. is an American businessman, investor and author.  Currently based in Singapore, Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the...

02 Mar 2020
0

Could Pandemic Trigger the Monetary Reset

Roger Rossmeisl, CPA
Current Events
Unpacking the Economy's Bubble Dynamics

As  posted to the GoldSilver.com YouTube Channel on February 28, 2020 (Run Time: 16 min, 07 sec) "How serious could the pandemic get? Will it decimate world economies, or is this just a short term blip? Is it the virus to blame for the recent market action, or the fact that the world economies have been balanced on a razor’s edge for a decade?" Find the answers to all of the above in this 2/28/20 update with Mike Maloney (GoldSilver.com) and Chris Martenson (PeakProsperity.com) (This is Blog Post #756) Chris Martenson, is a former American biochemical scientist and Vice President of Science Applications International Corporation.  Currently he is an author and trend forecaster interested in macro trends regarding the economy, energy composition and the environment at his site, www.peakprosperity.com. Michael Maloney, founder of www.GoldSilver.com is...

ROGER ROSSMEISL, CPA

Kho & Patel CPAs
160 E. Arrow Highway
San Dimas, CA 91773

(714) 325-0442
roger@khopatel.com

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