Not even a surprise Presidential election result could sever the bonds that have held prices in check for more than 5 years…
BOND BLOODBATH ACROSS THE GLOBE…
Eric Sprott breaks down the HISTORIC moves in currencies, the bond market, & precious metals.
“It’s Absolute Chaos…”
35 Percent Of All Americans Have Debt That Is At Least 180 Days Past Due.
69 percent of all Americans have less than $1,000 in savings today. In essence, more than two-thirds of the country is living paycheck to paycheck, and that is a recipe for disaster when the next major economic downturn in the U.S. strikes.
It is only a matter of time that this record debt, stock and bond bubble is going to burst. Anyone with common sense can see that. What we experienced in 2008 was just a preview of the hardships that are coming. The next recession is going to be even worse, and most economists are convinced that it will happen within the next four years no matter who is elected president.
It is Time For A RESET:
CHAOS IN INDIA AS THERE IS NO LIQUIDITY AND GOODS ARE NOT MOVING: LINEUPS TO BUY PHYSICAL GOLD
GEORGE SOROS BACK INTO THE GOLD BUSINESS AS HE DOUBLES HIS STAKE IN BARRICK GOLD…
Fund Manager Dave Kranzler explains why the current take-down in the price of gold and silver is setting the market up for a much bigger move higher:
Odds are, we have seen the worst of the decline for precious metals. The bond market is a slow motion black swan.
Interest rates are backing up and this is going to cause TOTAL CHAOS in the next 18 months.
2017 is going to usher in stagflation.
The dynamics that I warned about on Nov. 3rd are going to develop, and this will ultimately prove to be part of the drivers for a MASSIVE move higher in precious metals:
The big news this past week is that Donald Trump was elected to be the next president of the United States. Whether due to his comments about restructuring the government debt, tariffs on imported goods, or other economic concerns, many expected news of his election to push up the price of gold.
They were wrong…
Most market participants with at least two brain cells to rub together have figured out that Trump’s economic game-plan would widen out the Federal spending deficit and further accelerate the issuance of more Treasury debt.
It is likely that the Fed will have to monetize some of this new debt issuance.
This is the perfect recipe for higher gold and silver prices…
History tells us that in the gold market it is quite common to experience sizable corrections (often 50%) following first leg of a new bull market:
GOLD HOLDS, BUT SILVER IS DUMPED AS THE CHINESE YUAN CRASHES: BLOOD BATH IN ALL MARKETS TODAY…
Billionaire Eric Sprott Explains,
There’s Only 2 Explanations For This Move In the Stock, Bond, Gold, & Silver Markets:
Marshall Swing Returns To Issue A Warning:
GLOBAL ECONOMIC COLLAPSE IS COMING…
PM Fund Manager Dave Kranzler Explains Today’s Epic Take-Down of the Gold and Silver Market Is As Simple As This:
The crooks supplied 10 billion dollars worth of gold contracts early in Friday’s session, and that was all that was necessary to implode gold and silver. The volumes were IMMENSE:
“EXPLODING Gold and Silver Prices is the LAST Thing They Want to See.”
Sprott’s John Embry Joins Us to Deliver a William Wallacesque Message:
We could take them out OVERNIGHT if everybody bought physical…
David Morgan joins us to break down the financial impact of Trump’s historic victory.
Trump’s victory over the Elite has HUGE Implications for Gold and Silver…
It took gold approximately 7 months to advance $250 and overcome major resistance at $1,300/oz from a bottom of $1,050. A reasonable target could be $1,550/oz ($1,300 + $250) by March 2017 – 4 months from now. Silver could follow a similar pattern with a near-term target of $26/oz.”
After nearly five years of oppressive, unfettered market manipulation, the physical market has put a floor beneath the market.
After a price “correction” of 8% in gold and 16% in silver, the metals are now ready to go higher from here. This was “telegraphed” by the recent price-action in the junior mining stocks as represented by the GDXJ junior mining stock index:
The Elite Are Panicking…
DRAINING THE SWAP MEANS ENDING THE PRICE MANIPULATION OF SILVER!!!