US Dollar: The Catalyst For The Big Drop

As the US economy weakens and the Federal Reserve starts monetizing all those debts again, which they will, there's gonna be no demand for dollars and the US Dollar is gonna fall like a stone.

The US Economy Is A Gigantic Credit Bubble

I think the longest bull market in history already ended. We're in a correction right now, the first correction of the new bear market.

This idea that the US is the cleanest dirty shirt in the hamper is a bunch of nonsense. I mean the US economy is a gigantic credit bubble. Debt is at an all-time high on an individual level when you look at credit cards, student loans, auto debt... But more importantly the national debt: we're now running $100 billion per month deficit spending. We are borrowing more money now during this recovery than we did at any point during the Great Recession!

We Are In A Bear Market!

The financial media still doesn't get it. They are referring to the current decline in the stock market as a correction. It is not. We are in a bear market. The rally was the correction!