Ron Paul: Is Fed Counterfeiting An Economic Stimulus?

Politicians want the Fed to counterfeit more money. The Fed wants politicians to spend the counterfeit money even faster. 

All are trying to "stimulate" a broken economy that rests on a foundation of sand: central economic planning. 

Human civilization, society, and the economy cannot be controlled by Fed price-fixers, counterfeiters and bureaucrats. 

Freedom and sound money are the only things that can fix what they have broken.

- Source, Ron Paul

Volatility Spikes Leading Into Election: Gold & Silver Response

Ahead of the 2020 election the VIX spiked to the highest level since June. 

Worries of further economic shutdowns are fueling this jump in volatility and concern from main street investors. 

We will cover the price movements of gold, silver, platinum, palladium, the US Dollar index, DOW, DOW Transports, and more.

- Source, Golden Rule Radio

Golden Rule Radio: Metals Markets Compressing Leading Into Election

The gold & silver markets see compression leading into the election as other markets are following this trend. 

We review the price movements of gold prior to the 2016 election as well as the record inflationary pressures in play currently.

- Source, Golden Rule Radio

Gerald Celente: Democratic Presidential Victory Great for Gold

Gerald Celente is the Publisher of the Trends Journal, a weekly magazine analyzing global current events forming future trends. 

Our mission is to present Facts and Truth over hype and propaganda to help subscribers prepare for What’s Next in the increasingly turbulent times ahead.

- Source, The Trends Research

Goldman Sachs: Dump Dollars, Buy Silver

Sell dollars and buy silver. That’s Goldman Sachs’ recommendation.

I have been warning about a dollar collapse and now the mainstream is even getting bearish on the dollar.

In response to the economic shutdowns imposed by governments to deal with the coronavirus pandemic, the Federal Reserve is printing money to infinity and beyond. On top of that, it has shifted its inflation targeting to allow inflation to run hot meaning there is no end in sight to the currency debasement. This is bearish for the dollar and an article published by Reuters last month quoted a number of mainstream analysts talking about “dollar woes.”

Goldman Sachs has jumped on that bandwagon, saying in a recent report that “the risks are skewed toward dollar weakness.” Analysts see an increasing likelihood of a Biden victory in the upcoming election.

A ‘blue wave’ US election and favorable news on the vaccine timeline could return the trade-weighted dollar and DXY index to their 2018 lows.”

Goldman sees broad-based dollar weakness and recommended shorting the greenback against the Mexican peso, South African rand and Indian rupee. It is also advised buying the euro, along with both Canadian and Australian dollars against the US dollar.

During my speech at the Money Show in August, I said the government is trying to replace the economy with a money printing press and he warned that a dollar crisis is looming.

The dollar is going to fall through the floor and inflation is going to ravish the United States. What’s about to happen is that the world is going to go off the dollar standard and go back to the gold standard. That is where we are headed.”

Keep in mind, dollar weakness is also bullish for both gold and silver.

In a separate report, Goldman analyst Mikhail Sprogis said recommended buying silver. He said the white metal is “an obvious beneficiary” of the global move toward solar energy.

Silver is a vital component in the solar energy sector and solar power generation is expected to nearly double by 2025. A report by the Silver Institute earlier this year projected that a combination of global efforts to reduce fossil fuel reliance, legislation to lower carbon emissions, and favorable government tax policies, should result in a continued expansion of solar panel installations over the next decade. A recent report from the World Bank forecasts that by 2050, consumption of silver in energy technologies could grow dramatically, reaching a level equivalent to more than 50% of current total silver demand; the largest proportion for any non-battery metal.

“Now, with silver at $24/toz and a few potential upward solar surprises in the coming months, we reopen the trade,” Sprogis wrote.

According to the Goldman report, global solar installations are projected to rise by 50% between 2019 and 2023. But Sprogis said we could see “upward solar surprises” from that base-case scenario, including the US and China extending their solar installations plans. And if Biden wins, he has a plan to proceed with 500 million new solar panels in the US over the next five years. That could lead to a rise of 15% in global solar installations.

Silver is coming off its best quarter since 2010 and the fundamentals indicate there is still plenty of upside.

The silver-gold ratio remains high, indicating that silver is still historically undervalued compared to gold. After closing to under 70-1 in August, the spread has been running closer to 80-1 in recent weeks.

On the supply side, mine output fell precipitously with the COVID-19 economic lockdown. Many major mines were forced to shut down due to the pandemic. Analysts at the Silver Institute say they expect mine supply to continue its four-year slide. Even with most mines back online, the institute projects a 7% decline in mine output this year. Global mine production fell by 1.3% in 2019.

Looking at the big picture, the biggest driver for precious metals continues to be Federal Reserve monetary policy. In order to turn bearish on gold and silver, you have to believe the Federal Reserve is actually going to tighten monetary policy and the dollar is going to remain strong. Both of these prospects seem pretty implausible. Even the mainstream is starting to see it.

- Source, Peter Schiff via Silver Bear Cafe

Robert Kiyosaki: Robots Will Replace Us, How to Survive the Coming Revolution

The rise of automation means that many workers around the world will eventually be replaced by robots and artificial intelligence, and most Americans are not financially prepared to face a reduction in income, said Robert Kiyosaki, best-selling author of Rich Dad Poor Dad. 

"The reason we have social unrest is that people that are protesters [don't have assets]. They've got nothing. If they lose their jobs and they lose their income and they have [no assets], we're going to have a revolution," Kiyosaki told Kitco News.

- Source, Kitco News

Lyn Alden Gives Reasons for Another Major Economic Downturn

Lyn Alden, who provides investors with research, information and tools to build wealth, gives the true underlying reasons for the current market downturn.

- Source, Jay Taylor Media

Bretton Woods: The Tragic Circumstances Persist

America, the federal republic & America, the global empire. Two distinct Americas. 

The first was marked by individual liberty, sound money, free markets and a foreign policy of non-intervention. 

The latter is marked by dependence on government, fiat money, dominance of government and politically-connected business, and endless war. 

Sound money fueled America's rise. Federal Reserve counterfeiting is hastening its decline.

- Source, The Liberty Report

Peter Schiff Argues with Marxist Richard Wolff