The Deep State wants you to use money it can easily control, tax, and confiscate. And paper currency is getting in its way…
Donald J Trump in the White House…and now sits in a monstrous tower of some $64 trillion in debt, ready to blow up.
The once-loved debt is spurned. The likelihood of Trump avoiding a recession during his first (and possibly only) term is quite low.
The coming disaster is financial…and economic. The authorities are determined to win a war: a war against markets.
Italy’s non-government sector is a net creditor. It saves and lends, while the government borrows and spends.
Gold, along with all other assets, will be sold off to get the most precious asset there is in times of great financial upheaval…cash.
The issue for the Australian economy is that building investment is beginning to fall. That puts the pressure on household spending to prop up economic growth. Which is going to be difficult if the RBA is done with its interest rate cuts.
The entire world has a debt problem — with $223 trillion in debt, about three times global GDP. The US has a big piece of that — $63 trillion of the debt.
Apply the Reagan administration as a frame of reference to compare president-elect Trump. Doing so we can see what expectations might be for the economy.
Stocks on Wall Street took a breather overnight, but the price of iron ore continued to move higher. Iron ore for delivery to the Chinese port of Qingdao is now trading at US$80.83 per tonne.
Yesterday, the Dow punched up above 19,000 — a new all-time record. Investors are bullish. They believe president-elect Trump will be good for stocks.
The middle class got lower wages and more debt. The system is rigged in favour of the Establishment that runs it. Voters couldn’t sort out exactly how…
The following pie charts show how investment strategies have transformed over the past 20 years to achieve a 7.5% rate of return.
Well, dear cashless friend, congratulate yourself. You are doing exactly what your government wants you to do.
The economic model that produces the stellar returns you are basing your future retirement plans on is broken. It no longer exists. The signs are there.