And it sure looks angry…
The next financial crisis could manifest itself in the coming months.
When something as epochal as this happens, we can expect the macroeconomic establishment to be clueless with respect to the problem itself and its scale.
Central banks will naturally revert to the Lehman remedy of further monetary expansion to cover the losses, whose enormous scale will not be apparent at the outset. This time, not only will the fiat money quantity accelerate into hyper-drive, it will be impossible to maintain the purchasing-power of the world’s reserve currency, therefore threatening that of all the others.
- Metals SMASHED- Are Gold and Silver Headed to NEW LOWS?
- Would An Interest Rate Hike By the Fed Ignite the Next BULL Market in Gold & Silver?
- We Already Have HYPERINFLATION! (of the fiat currency quantity- & We’ll Have Currency Collapse Within 2-3 Years!)
- Can the Banks Talk Gold Down to $900?
- Alasdair is Ready for the Collapse: Lets Get On With It!
The SD Weekly Metals & Markets With The Doc, Eric Dubin, and Alasdair Macleod is Below:
Every fiat currency in history has eventually collapsed.
The US dollar will collapse too, but we think that day is many years away.
Meanwhile, our analysis says the dollar could get MUCH stronger:
With gold and silver hammered again Friday and gold briefly breaking below $1100, Silver Expert David Morgan joined the show, discussing:
- 5 MILLION oz Retail Silver BACKLOG
- Morgan Breaks Down Physical Market: Shortage in the Wholesale Market, or Just in Retail?
- At What Point Does the Retail Market Put Stress on the 1000 oz Bar Market?
- Funds Attempting to Trigger $1070 Stops, Send Gold Towards 3 Figures
- Closer to the Edge of the Cliff- “At Some Point, Something’s Going to Give!”
- Shemitah Week is HERE: Is the BIG ONE on the doorstep? Eric and David weigh inThe SD Weekly Metals & Markets With The Doc, Eric Dubin, and David Morgan is below:
It’s not a question of either/or. It’s not a debate over inflation VS. deflation.
It’s only a matter of WHEN we’ll end up with BOTH.
- After a Brief Rally, Bear Market Likely to Resume With a Vengeance- the END GAME IS APPROACHING!
- Run On Silver Developing As Physical Demand Goes THROUGH THE ROOF
- Is the Bond Market About to Find Religion?
- Alasdair Explains Why the Next Crisis (Which He Believes is Likely to Begin in About a Month) Will Spread From A Banking Crisis to a CURRENCY CRISIS
- In the Words of Eric Dubin: Its Going to Get REALLY UGLY
The SD Weekly Metals & Markets With The Doc, Eric Dubin, & Alasdair Macleod is Below:
As we know so well; over the last two weeks, the chaos in global markets finally reached the shores of Manhattan. Market chaos, that had previously been quite widespread and headlined by China, finally gripped U.S. markets. Now we find out China has exited over $100 billion of U.S. Treasury bonds in just the last two weeks and has indicated it is dumping more through Belgium and elsewhere.
China will clearly no longer fund U.S. budget deficits in the foreseeable future. This leaves us with the misunderstood truth “the Federal Reserve is THE Buyer of last resort.” Worse yet; the Emerging Markets have had to jump the gun and have already started to unload U.S. Treasury’s as their currency falls to reflect lower trade and China’s devaluation of the Yuan.
Apparently, the U.S. has now crossed the Rubicon of sorts and will be forced to “print” deficit spending as a last resort. It is called MONETIZATION and has ALWAYS led to hyperinflation.
Sinclair contends, “This is a pre-crash, and we are not making it through September without the real thing.
The US Plunge Protection Team is losing control of the markets, and Sinclair warns, “They got the dickens scared out of them. They actually backed off providing the funds necessary. . . . That’s your warning. The warning is markets can overrun plunge protection teams. Markets can and will overrun the manipulation of metals and currencies.
The market will overrun the false strength in the US dollar…
The two last men standing will be gold and gold on steroids-silver.”