Dr. David Eifrig’s Financial Lockdown Prediction has gotten people talking and in this article, we will be taking a closer look at it.
According to Dr. Eifrig, we are about to encounter financial catastrophe that may hit the market hard and change people’s lives irreversibly.
Allow me to walk you through Dr. David Eifrig’s presentation where I will highlight the main talking points. Then you can decide whether what he is talking about has merit.
Before I start…
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Dr. David Eifrig Financial Lockdown Prediction Review
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Introduction to Dr. David Eifrig Financial Lockdown Prediction
Dr. David Eifrig’s Financial Lockdown prediction centers on a crisis that he thinks is about to engulf the country. The crisis he is referring to is the fact that America may be about to experience one of the greatest inflationary periods in its history.
And it is quite ominous that the country is already going through its highest inflation in decades, which Dr. Eifrig warns may not be transitory as leaders have been suggesting over the past few months.
The danger of inflation, according to Dr. David Eifrig, is that it may push millions of Americans out of the middle class, out of private retirement, out of private health care, and deprive them of independence and privacy.
As he talks about the inflation, he is careful to note that the prices of goods and services going up is not the main issue here. He says that we should be more concerned by the value of money going down because it usually signifies the start of a period of massive inflation and a collapsing currency.
Money Illusion
Dr. Eifrig says that people are finding it hard to understand this, a phenomenon called “Money Illusion.”
Money illusion happens when people measure their wealth in nominal terms instead of real terms. They count their wealth in terms of the amount of money they have rather than what that money can actually buy.
Money illusion also gives people the impression that everyone around them is getting rich. Then when they find out that holding cash is not the answer, they start spending it in the fear of missing out.
Eifrig says that this is why Americans are pouring money into the markets and other wild speculations in record numbers. They’ve gotten reckless and the velocity of speculation has increased.
David Eifrig says that more than 90% of the American public has Money Illusion and are living in denial of what is happening to the financial system.
And this is bad because people will continue to cling to their increasingly worthless money.
Another sign of massive inflation and monetary devaluation is currency speculation.
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A New Inflationary Era
With all that is happening in the markets and the money illusion, Dr. David says that we are about to enter a New Inflationary Era that will happen like it did in the sixties and seventies.
Dr. Eifrig says that from 1961 through 1965, annual U.S. inflation averaged just 1.28%. People felt rich thanks to the Money Illusion and the prices of stocks and real estate rose.
In 1965, the federal government started spending money overzealously, going into huge budget deficits for the Vietnam war and social benefits like Medicare, Medicaid, Head Start, urban renewal, environmental issues, and new immigration policies, just to mention a few.
Dr. Eifrig notes that all these measures sound a lot like the new programs that the federal government under President Biden has been proposing.
When the government started overspending, inflation was gradual at first. Then it began climbing.
It reached 3% in 1966 and then 2.8% in 1967. The S&P 500 stock index hit an all-time high in late 1968 and everyone felt good about things.
But things started getting out of hand. Inflation hit 5.97% in 1970 and 11% by 1974. The stock market lost 35% of its value and then inflation finally peaked at 13.5% in 1980.
Eifrig tells us that all this threatened the dollar’s status as the world’s reserve currency because other nations started to lose faith in it.
Another consequence of such inflation was that even the companies that were considered safe and stable start collapsing.
For example IBM fell 57% after peaking in 1972 and it took nine years to get back even.
Coca-Cola fell by 70% and General Electric 60%. Both of them took nine years to regain the value that they’d lost.
He says that if this were to happen where your portfolio loses half its value, you cannot afford to wait nine years for it to recover while prices soar. He’s not the only financial guru to make these kind of predictions as covered in Jeff Brown’s prediction series.
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The Financial Lockdown
Applying those historical lessons to the current situation, Dr. David Eifrig says that the inflationary period we may be about to witness may lead to a financial lockdown.
A financial lockdown, he says, will create a scenario where everything you do will be governed and controlled by the state.
“More welfare and eventually Universal Basic Income. Medicare for all. “Free” college. More debt… and more debt forgiveness for a select group of individuals and corporations.
More “income security” handouts. We’ll see price controls. Much higher taxes. More and more Americans not actually working.”
Some of these are already happening and Dr. Eifrig warns that it may get worse if you fail to prepare for it.
How does he want you to prepare?
He has four steps he wants you to take to get yourself on the right track.
Step 1
The first step is to read his The New Era Playbook. It is a guide that talks about how a major asset inflation is underway and the rising inflation of the next few years. It will help you to grow and protect your wealth in the years to come.
Step 2
The second step is to read Dr. David Eifrig’s Research Report called The Perfect Inflation-Era Portfolio that focuses on how investors can grow their wealth sustainably.
This is a detailed report that reveals which stocks to buy, which to sell, and how to allocate and maintain your portfolio.
Step 3
There is a third special report — The 100% Stock Boost — which focuses on the perfect software database system that will allow you to track and maximize your gains. Dr. Eifrig also reveals the best moment to buy or sell your investments to maximize your gains.
Step 4
The fourth steps involves a special report called The Two Most Valuable Assets In a Time of Crisis. In this report, he writes about two assets likely to grow in value over the next few years.
To get these reports for free, you have to sign up for his newsletter, Retirement Millionaire.
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Who is Dr. David Eifrig?
Dr. David Eifrig Jr. is an investment guru who works for Stansberry Research. He is the editor of premium newsletter services like Income Intelligence, Retirement Trader, Retirement Millionaire, and Advanced Options.
Dr. David Eifrig’s began his career working at Goldman Sachs. He then spent a decade on Wall Street working for institutions like Yamaichi and Chase Manhattan.
Dr. Eifrig is the author of five top-rated books on Amazon. He earned his BA degree from the Carleton College in Minnesota and his MBA from Northwestern University’s Kellogg School of Management. He graduated with a double major in finance and international business.
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How Does Dr. David Eifrig’s Retirement Millionaire Work?
As mentioned earlier, Dr. David Eifrig has crafted a 4-step action plan to survive a financial lockdown and the only way to get started with it is to sign up for his Retirement Millionaire newsletter.
The newsletter’s goal is to show its subscribers how one can live a wealthy retirement, now or in the future.
Dr. Eifrig hired a Chartered Financial Analyst, an MBA analyst from Morgan Stanley, a Certified Financial Planner, and a slew of other researchers and money experts to help him provide a comprehensive take on this
If you subscribe to the Retirement Millionaire newsletter service, the benefits include:
- 12 monthly investment recommendations and best retirement ideas
- Access to the Retirement Millionaire Library. It has all of his special reports and books.
- The four-step plan outlined earlier.
Retirement Millionaire Subscription Price
You can sign up for the Retirement Millionaire for $49 (Standard) or $79 (premium). That’s what you’ll pay in your first year.
After that, the subscription renews automatically every year (unless you cancel beforehand) for $199 per year.
The Retirement Millionaire Refund Policy
The Retirement Millionaire has a 30-day money-back guarantee.
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Pros of Dr. David Eifrig Financial Lockdown Prediction
- You will receive access to a four-step action plan from Dr. David Eifrig to overcome the financial lockdown situation.
- The subscription includes many benefits.
- It’s backed by a 30-day money back policy.
Cons of Dr. David Eifrig Financial Lockdown Prediction
- You will need to opt for a subscription to the Retirement Millionaire newsletter service to receive the above-mentioned benefits.
Is Dr. David Eifrig Financial Lockdown Prediction Legit?
Dr. David Eifrig’s financial lockdown prediction pitch is legit.
Dr. Eifrig is a credible investment analyst who has worked in the financial services industry for a long time. He has been through it all: working for major Wall Street firms as well as writing about the stock market. He is a person you’d go to for insights on the state of the financial markets.
And that’s without taking into account his track record of picking winning stocks over the years. Therefore, when he says that the financial system may be about to go through a tough period, you can take him at his word. Besides, he is also not the only analyst saying this and the inflation levels we are currently going through is a good indicator of this.
That being said, his past experiences and successes are not a guarantee that he will be right about the market this time. He may be wrong and all his recommendations may flop. Therefore, you should be open minded, but with a healthy dose of skepticism.
Dr. David Eifrig Financial Lockdown Prediction Verdict
Is following Dr. David Eifrig’s advice going to help you survive the “financial lockdown”?
I think that is up for debate.
When Dr. Eifrig says that the financial lockdown will happen and that you just have one shot to prepare for it, I don’t think you should rush to follow his advice and throw all caution to the wind. Him saying that is expected because he wants you to have a sense of urgency and follow his advice as fast as you can.
Why am I saying this? Investment gurus are great at marketing their services and they will say anything to inspire a positive reaction from you. I can bet that in a few weeks or months, he will warn people about another “major event in the market” that “you can’t afford to overlook.” So, if you are willing to give his advice a try, rest easy and judge his advice on its merits.
Before you leave
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
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David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.