In this episode of the Keiser Report, Max and Stacy discuss the QQE Party drying up as ‘Qualitative and Quantitative Easing’ dries up in even Japan, despite their claims to the contrary.
What will happen to interest rates and the global debt bubble when the central banks stop buying all the bad debts corporations and banks push on them?
In the second half, Max interviews Susan Poole, of Blockbridge Advisory, about the latest in the regulatory environment around cryptocurrency and what next for the sector.
The stock market has been declining for the last 5 weeks, this is the beginning of the entire global economic system breaking down. Around the world the real estate market it breaking apart, the globalist system is collapsing, this was done on purpose. The central banks who planned on having a cashless society have done an about face, their plans are backfiring and they are in a deep panic. - Source, X22 Report
Cracks show in the equities markets as the S&P pokes the bear. We recap the price movements of the equities markets over the last week as well as looking to the price movements of gold, silver, platinum, palladium, the US Dollar Index, & more.
Gold’s greatest merit is still its reliability as an instrument for wealth preservation, said Ani Markova, Vice-President & Portfolio Manager, AGF Investments.
“Gold is an asset class that investors should have in their portfolios to diversify them, especially at times when we see equity market volatility,” Markova told Kitco News on the sidelines of the Mines & Money conference in Toronto.
Longer term, investors should depend on gold’s wealth preservation power, Markova said, citing gold price’s parity to the cost of a suit over time as an example of its steady relative value.
“If you wanted to buy a men’s suit back in the 1930s, you probably would have paid about $16.95 for a good quality suit and you throw in pair of shoes for $3.25, which is about $20, and that was roughly the cost of one ounce of gold in the beginning of the ‘30s” Markova said.
“If I look today, at U.S. dollar terms, we are at about $1,200 U.S. and if you walk into Harren Rosen suit for about that.”
Keith Weiner, CEO & Founder of Monetary Metals, gives insights into the seldom understood dynamics leading to the pathology of currency market manipulation by central banks.
The 3 Most Important Rules of Investing In This "New Normal"
1. Politicians and governments can and will change the rules anytime they want, perhaps on a daily basis (moving the goal posts, retroactive rules, moving targets)
2. Because of rule #1 people should not go "all in" on investing in any one asset class or investing in only one country or company. At least some real diversification is important to protect against known unknowns or unknown unknowns.
3. People should focus on creating as many possible income streams and inflation hedges as they can from owning different investments and businesses to protect themselves to survive and thrive whatever is coming in the future thanks to the myopic stupidity and rent seeking behavior of parasitical central planners, politicians, bankers, government bureaucrats, etc
Michigan State Economics Professor Mark Dr. Skidmore says there is a limit to money printing even when all the global central banks are doing it.
Skidmore says, “What does it mean when a central bank is buying equities, or buying debt with printed money in order to suppress interest rates and keep this game going? I think, overall, the whole world is awash in debt, and it’s expanding at a rate that is unsustainable.
The only way it has been sustained is that interest rates have been falling for 30 years. Now, interest rates are no longer falling, and we are running up against a constraint.
Now, if this $21 trillion in “missing” federal money really represents spending above and beyond what the official records indicate, then that has huge financial implications and huge implications for confidence in the dollar as the reserve currency.
This is an enormous priority to address and not just cover up and say we are all good.” In closing, Dr. Skidmore says, “How can you have a democracy if you don’t have any transparency whatsoever?
Having integrity and confidence is so essential to the whole system, and this just puts everything in question.
We should clean this up and show we are legitimate. If we don’t, we are just shooting ourselves in the foot.”
With each passing day, another conspiracy theory dies and we learn just how corrupt and evil "big tech" has become in America. Luckily, patriots are waking up and taking notice. The long fall down for "big tech" has begun. Thanks god.
Renowned gold and financial expert Jim Sinclair and financial writer Bill Holter get ready for the reset in the price of everything including gold and silver.
Sinclair also says, “It’s going to be a Friday to Monday event. There is going to be an explosion, and the explosion is a change. It may blow your mind, but the explosion would not be three or four months or a year in upticks in these items (gold and silver prices). Oh, they are going to uptick.
That’s for sure. The finality of this is going to be the reset. . . .It is going to be something entirely new that doesn’t exist now. It may be engineered and not happening by natural causes.
You need to know who President Trump is, what he is a master of and what tools he has used effectively as part of his business. It’s not “The Art of the Deal,” it’s the science of bankruptcy.” How bad is it going to get? Holter sums it all up when he says, “The world is Venezuela.”
There are lots of reasons to buy silver—it’s a real asset, the coins are beautiful, it will likely outperform gold, and it’s more affordable. But that affordability comes with a catch.
Once you start to accumulate, you quickly realize that silver requires a lot more storage space than gold. It’s relatively easy to hide some gold coins in a sock drawer or cookie jar, but those hiding places are impractical for the same dollar amount of silver.
So how do we store our silver bullion both efficiently and safely? And should it be stored at home anyway?
This article has some potential solutions for those investors that are stacking silver…
Jeff Berwick interviews Mike Maloney of GoldSilver.com, well known author of 'The Guide to Investing in Gold and Silver' and 'The Hidden Secrets of Money' video series.
Topics include: crypto far from dead, the role of precious metals, crypto is the first new asset class in centuries, the pitfalls of debt based assets, deficit spending, the next economic crash is overdue.
A possible rush into crypto in the next crash, distributed public ledger is world changing, vital to use cryptocurrencies, crypto ETFs and price manipulation, current complacency.
All fiat currencies go to zero, the global dollar standard, the inevitable end of the fiat money system.
