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Why The Gold Market Looks Poised For Reversal
Extreme conditions are aligning in a way we've seen before... This week, we welcome back to the podcast Brien Lundin, publisher of Gold Newsletter and producer of the New Orleans Investment Conference (Nov 1-4, 2018). Brien predicts that the brutal period for precious metals may soon be over. In fact, he now seeing a bullish alignment of factors he's seen before, which precursored a sharp move upwards in the prices of gold and silver: The paper-gold market is divided by the C
End Of Petrodollar Hegemony May Happen Soon and Badly Impact Indebted America
- Trump's America waging economic warfare against most of the world and 2 billion people with a combined GDP of more than $15 trillion - Targeted nations include China, Russia, Iran, Venezuela, Pakistan, Turkey, Cuba, Sudan, Zimbabwe, Myanmar, the Democratic Republic of Congo, North Korea and others... - "Bull markets eventually come to an end and with a national debt of $21 trillion and growing at a rate of a trillion dollars a year, the awakening could be ruder and sooner t
Central Banks Do the Tighten Up
The Bank of Japan (BoJ) shook the global credit markets last Tuesday. Even Treasury bond investors perceived the BoJ’s tweaks to its monetary policy as a signal that the transition away from extraordinarily accommodative measures may be coming. The BoJ introduced forward guidance and will allow the 10-year government note to trade in a slightly wider band. The central bank didn’t change its plan to purchase assets (quantitative easing) or key interest rates. With core inflati
The Looming Economic Collapse: The $250 Trillion Dollar Worldwide Debt Crisis
As governments raise taxes to cope with their unending spending habits, people are increasingly being forced to supplement their own income with loans. And according to most financial experts, this debt problem is so big that it will usher in a global economic collapse of epic proportions. According to the Institute of International Finance’s latest Global Debt Monitor, the amount of debt held in the world rose by the biggest amount in two years during the first quarter of 20
Lord Rothschild: The New World Order Is At Risk
Over the past three years, an unexpected voice of caution has emerged from one of the most legendary families in finance: Lord Jacob Rothschild. Readers may recall that as part of the RIT Capital Partners 2014 annual report commentary, the scion of Rothschild family warned that "the geopolitical situation is most dangerous since WWII." One year later, Jacob Rothschild again warned about the outcome of "what is surely the greatest experiment in monetary policy in the history o
The Oversold Gold Market Creates An Asymmetric Opportunity With This Strategy
Over the last couple of weeks, I’ve written about the ongoing transition from a global trade war into a currency war. This year so far, we’ve seen the Argentine Peso, the Thai Baht, and Turkish Lira get decimated. But it’s not just Emerging Markets with ‘soft’ currencies being affected. The Australian Dollar’s also performing very poorly – same with the Canadian dollar. This shows you just how fragile the world’s currencies are when there’s a currency war – no one’s safe. And
Federal Deficits Are Worse than You Think
Voters tend to be rationally ignorant. Since a single vote does not matter, for most potential voters the cost of being politically well-informed is greater than the benefit of being knowledgeable about political affairs. Therefore it’s rational for most voters to be ignorant regarding political issues. A main reason for the high cost of being well-informed is that government officials may not want the public to be well-informed. They purposefully conceal their schemes to red
"Their Wealth Has Vanished": Baby Boomers File For Bankruptcy In Droves
An alarming number of older Americans are being forced into bankruptcy, as the rate of people 65 and older who have filed has never been higher - at three times what it was in 1991, while the rate of bankruptcies among Americans age 65 and older has more than doubled, according to a new study by the The Bankruptcy Project. Older Americans are increasingly likely to file consumer bankruptcy, and their representation among those in bankruptcy has never been higher. Using data f
Pastors Are Seen as a Primary Voice on Poverty
New Barna research shows that pastors’ thoughts concerning the world’s poor are highly valued: a strong majority of the Amercian public (88%), including 92 percent of practicing Christians, trusts the opinion of a pastor when it comes to the issue of global poverty, alongside the opinions of individuals who have worked or lived in poverty and even ranking above the opinions of reporters, academics and politicians. In some ways, the trust that the American public places in pas
Russia Is Preparing For A "Perfect Storm" In The Global Economy
In recent months, Russia - some claim - has “strenuously prepared for Putin’s meeting with Trump”. What does this mean? Firstly, in April the Central Bank of the Russian Federation dumped nearly a half of US Treasuries that it had on its balance sheet, reducing their stock from $96.2 billion to $48.7 billion. In May the Central Bank continued to do this, having reduced the quantity of treasuries on its balance sheet even more. Certain news agencies only emphasized that Russia
