The catalyst for the rise in gold
and the decline in the US Dollar I believe
was the dovish speech given by Jerome
Powell in Jackson Hole. (...) Remember we've got a lot of people who
are short gold. Now for the first
time since 2001 the hedge funds are net
short gold and I think they can get caught in a losing trade and have to
scramble to buy back the gold that they
sold.
Aug 27, 2018
Aug 24, 2018
A New Crisis Is Coming
We’re seeing a lot of warning signs people should be worried about, but again they’re dismissing them, much the way they did 10 years ago. You know, we’re getting close to the 10-year anniversary of the 2008 financial crisis. Remember, the whole thing started in August of 2008. Here we are August 2018, 10 years later. I think we’re heading for an even bigger crisis and the same people are even more clueless.
We Are Headed Into a Massive Recession
We are headed into a massive recession. Trump bought the economy some time with the tax cuts but all it's doing is pushing off the day of reckoning. - Peter Schiff on Fox Business
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