Written by Bryan Lutz, Editor at Dollarcollapse.com:
Every Sunday morning I send out three thoughts.
Sometimes these thoughts are on the economy, life, or hard assets.
If they’re helpful or hopeful to you, that’s great… Sometimes it just comes down to reality. That’s what I’m interested in…
So, here we go.
Here are three Sunday morning thoughts for you:
1. Most people watching the Jake Paul, Mike Tyson fight on Netflix were probably disappointed, but then again, they probably weren’t looking for the real treasure.
Like many people, I was drawn in by the Tyson vs. Paul media splash.
I expected Tyson to tear Paul apart – teach him a lesson, but that didn’t happen.
It was more like a lame sparring match with Tyson looking like someone who had just started boxing a few months ago…
But the real treasure, one that most people missed…
Was the upcoming value Netflix is about to create for a declining western world craving a distraction.
In between rounds certain small announcements were made. Maybe these were announced earlier this year in the news, but certainly the increase stock value has brought in more revenue for them.
These were the announcements I saw…
Starting in January 2025, World Wrestling Entertainment(WWE) will begin LIVE broadcasting on Netflix…
The NFL will LIVE broadcast a Christmas Day game on Netflix…
All while Jake Paul’s MVP plans on promoting more Boxing events to live stream, on NETFLIX.
You know what this means, Netflix has the potential to make deals with NFL, NHL, MLB, and all other major sports – to broadcast their events, live.
This is huge.
It basically cuts out more middlemen – another step away from cable television towards streaming.
So, Netflix looks like an interesting stock to consider in the short term.
Even in a recession, a $20 a month fee for entertainment will be one of the last things people cut.
2. Since RFK Jr. quit the Presidential race in August and joined Team Trump, Big Pharma stocks have been on the decline with another sharp collapse after the election results rolled in. You can only imagine where these stocks are going to go come January 20, 2025.
Trump appointed RFK Jr. as the Department of Health and Human Services and he’s going to go wild…
That’s what Trump said,
“I’m going to let him go wild on the food. I’m going to let him go wild on the medicines.”
RFK Jr. also made his declarations,
“There are entire departments, like the nutrition department at the FDA … that have to go—that are not doing their job. They’re not protecting our kids…”
Take a look at the Pandemic Big Pharma Pageant winners right now.
It appears that maybe there won’t be such an upward trend like there was in 2021-2022 for our friends at Pfizer, Moderna, and AstraZeneca.
And they also might not be so focused on profit…
Because Rand Paul has been appointed to Chairman of Homeland Security and Government Services, where he will be on the hunt to uncover what really happened during the pandemic.
3. Gold is the most oversold since October 2023. Now is a great time to “buy the dip.”
Gold is way oversold.
If you look at the graph below, it shows the price of gold with the Relative Strength Index(RSI) indicator at the bottom.
The RSI is an indicator that measures momentum for a stock or commodity. So, 70 is used as the baseline here, while the indicator is saying there’s been an overwhelming amount of movement down.
The fundamentals for gold say…
Gold should be much higher.
And that makes it a great time to buy the dip.
If one were thinking of doing that.
