Insider Trading? Or Just Paying Attention?

There are many stories circulating regarding alleged insider trading by people in Congress who sold off stock before the crash occurred.

I would have to see actual evidence of insider information before I could endorse any charges being filed on these people.

The fact is, many weeks before the crash occurred I was warning people about what was going to happen. I tried to convince people to stock up on dry and canned goods gradually over weeks because store shelves were going to run bare. Likewise, I advocated selling stock because the disruption in the supply chain was going to cause retail and manufacturing shortfalls, resulting in large scale stock decline. Because declines in manufacturing and the supply chain in China led to decreased freight while freight was already low. A number of trucking companies in the US closed in the last quarter of 2019. This all led to an oversupply in the oil market, leading to steep declines in oil futures.

You can look back over my articles and videos from weeks ago and see where I had talked about these issues. I’m not making any of this up.

Likewise, I advised people to buy gold and silver as safe havens. Both are back on the rise and JM Bullion, one of the largest precious metals vendors in the country, is out of stock on all investment-grade gold and silver at this point. The reason prices have not increased far more substantially is because many investors have been liquidating their precious metals holdings because of…