Short-term, the dollar is ready to make a breakout here against other fiat currencies. The dynamics of the global economy are such that the Federal Reserve was the only one tightening, while the rest were easing and getting into the negative rates range.
Fewer than 1 in 7 Americans ever get lifted out of poverty and reach the median salary of $50,000 a year. What Daniel Ameduri did was go from stock clerk to making $50,000/month in a matter of several years, after the 2008 crash.
Oh, they’re tapping it down with everything they got, but gold and silver look incredibly strong here. I haven’t seen them this healthy in many years. The establishment and the banks are out of their league at this point – they’d better conserve their energy.
Everybody wants to go to heaven, but no one wants to die. Well, for gold to shoot up to $1,704 (my bull market target for it), we need to see trust in the system DYING. Then our positions can go to heaven – and we just got our starting gun.
NO ONE believes this is a real BREAKOUT. It’s such a classic bull market mentality.
If you thought that Facebook’s Libra Coin will be big – and it will be a game changer, don’t misunderstand me – get ready for Walmart’s rollout of their proprietary digital asset and blockchain, which the mainstream media has barely noticed but smart investors are taking this very seriously.
What a battle of the minds! These two (Trump and Powell) are really going head to head, each with his own unique style.
President Trump knows very well how businesses can go bankrupt and is especially familiar with what happens when you go from superstar to broke.
When people read books about our times 80-120 years from now (which will describe the conditions that led to the worst financial crash this world will have ever seen), readers will demand to understand how billions of people from all walks of life chose to believe in fiat currencies, government bonds, and paper derivatives over hard money.
Warren Buffett hasn’t been able to beat the indices for seven straight years. That has NEVER happened before in his whole career. It’s a great indicator of how the past 10 years have been remarkably different than those before them for investors.
