by Turd Ferguson, TF Metals Report:
It’s not a full holiday weekend as the US markets will be open on Friday. Regardless, it’s tradition around here to check in with Jim Willie for a mid-summer update so here you go.
As usual, we mainly tried to discuss three, major themes…though, as usual, the conversation often veered off to cover other areas, as well. For this podcast, those themes are:
Click HERE to listen
- The recent news of the EU’s INSTEX system and how this is the next stage in the decline of the petrodollar. What is INSTEX? See here: https://www.forbes.com/sites/francescoppola/2019/06/30/europe-circumvent…
- The global bond market. Will the entire world eventually move to zero or negative rates or will the “bond market bubble” finally burst?
- With gold finally breaking out of a six-year trading range, what should we expect next? And what about silver?
As always, major thanks to The Jackass for his willingness to share his valuable time. After all we’ve been through…and with where we are currently…there has never been a more important time to consider a subscription to The Hat Trick Letter. You can find out more information here: