An epic gold bull market is on the menu for 2019. I’m not talking about a garden-variety cyclical gold bull market, but rather one of the biggest gold manias in history. This gold mania will be riding the wave of an incredibly powerful trend… the re-monetization of gold.
The U.S. Federal Reserve’s FOMC meeting decision, followed by uncertainty over the geopolitical climate in the Middle East were the two primary factors that drove market moves this week. The ongoing trade spat between the U.S. and China also remains unresolved and can be expected to trigger further market volatility ahead of the G-20 meeting in Japan next week.
All countries have a “shelf-life” of sorts. Generally, they begin when an old, top-heavy government collapses from its own weight. The end of the old regime is characterized by civil unrest, revolution, secession, economic collapse or some combination of these conditions.
In 2016, James Delingpole commented that toffs hate Brexit because it’s the Peasants’ Revolt.
Left-wing activists have recently been increasingly active in seeking to limit opposing thought in order to create a more ubiquitous “groupthink.” One effort in accomplishing this has been to propose the creation of a “Human Rights Committee” in order to monitor the economic transactions of “white supremacist groups and anti-Islam activists.”
Here we have a most interesting collection of signage. Some low-level civil servant who’s in charge of deciding what the motorist may do at this particular junction has become quite thorough in creating restrictions.
The data is in: based on a review of reports from multiple consultancies, the silver market has officially entered a supply/demand imbalance. The structure now in place sets up a scenario where a genuine crunch could occur.
The Federal Reserve chart above only goes back to 1970, but its message is clear, nevertheless. The velocity of money has dropped below that which was necessary to maintain a productive economy in 2009 and has never recovered.
In the late eighteenth century, Bishop George Berkeley posed the question, “If a tree falls in a forest and no one is there to hear it, does it make a sound?”. Since that time, generations of university philosophy professors have required their students to consider the question.
After the Trump election victory, traditional, conventional politics and politicians have largely fallen out of favor. Middle-of-the-road ideas, proposals crossing party lines and common-ground platforms that once played a prominent role in many campaign playbooks have been replaced with a very different type of strategy.
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