by Alasdair Macleod, GoldMoney:
The expansionary phase of the global economy is almost certainly ending. A combination of excessive debt and trade protectionism is likely to become economically and politically destabilising. If, as seems increasingly likely, the world is destined for another credit and economic crisis, the colour of the political establishment will shape outcomes. This article examines the political scene and concludes that socialist puppet-masters will use the opportunity in an attempt to crush capitalism.
Lily Tomlin once famously said “No matter how cynical you get, it is impossible to keep up.” When it comes to Wall Street, that particularly rings true. Just take the case of what happened to the trading of Boeing’s stock by Dark Pools the week after the second crash of its new 737 Max 8 jet in a nose-down dive on March 10.
GOLD DOWN $0.45 TO $1274.15//SILVER :NO CHANGE AT $14.99//FOR THE 5TH CONSECUTIVE TRADING DAY: A MASSIVE QUEUE JUMPING IN GOLD AS WE NOW HAVE 20 TONNES OF GOLD STANDING AGAINST DEALER 11.03 TONNES AND TWO TONNES SETTLED//TWO BIG STORIES FOR YOU TO MAUL OVER THIS HOLIDAY WEEKEND: 1. TURKEY FUDGED ITS RESERVES WITH BORROWED DOLLARS FROM ITS BANKS AND THUS IT IS DOWN TO ONLY 11 BILLION DOLLARS OF RESERVES AND OF THAT 10 BILLION IS OF GOLD// 2. THE MUELLER REPORT RELEASED AND IT IS A NOTHING BURGER..TRUMP TEAM NOW GOES ON THE OFFENSIVE
Will the average stock portfolio gain 1,900% to make up for the coming 95% fall? This is the unenviable task that investors will be facing in years to come.
