There are three ways to repay sovereign debt: default, growth and inflation. Obviously, growth is the best way, but it’s not happening.
One way to avoid negative interest rates is to go to physical cash. In order to prevent that option, the elites have launched a war on cash.
The question is, with gold having now pulled back 3.78% from the July high, what’s next? Should you lock in your gains, or have a punt?
Check out the recent fruits of Japan’s monetary insanity. If their aim was to weaken the yen, it’s been a dismal failure…
If you wanted to invest in bitcoins and the blockchain, you wouldn’t go out and buy bitcoins. Instead it would be preferable to invest in companies on the forefront of blockchain technology.
For all intents and purposes, School of Advanced International Studies (SAIS) is the intellectual boot camp for the IMF. Many SAIS graduates go directly into the IMF.
Gold — and gold stocks — crashed during the banking and stock market crisis of 2008/09. This time, albeit worse, should be no different.
A cut today will see a short term fall in the Aussie Dollar, but it’s likely it will trade higher once again when the ‘effect’ of the rate cut has worn off.
Do not buy another ounce of gold until you read the three main arguments mainstream economists make against gold… and why they’re dead wrong.
The price of gold is on the launch pad…and it may be poised for a moonshot. We already saw the price of gold ‘lift-off’ after the Brexit announcement.