Legendary investor Jim Rogers said enjoy the market rally while it lasts, issuing a dire warning that “the worst correction of his lifetime,” is coming for stocks.
“Soon something’s going to happen that will make everyone happy again and the market will go up one more time, and that will probably be the last hoorah. Next year will be not a lot of fun,” Rogers said in an interview with Kitco News on Monday.
He added, "It’s been ten years since we have had a bear market, that is very, very unusual so the next bear market is going to be the worst in my lifetime."
When promoted to quantify the correction, Rogers said it would easily be over 50%.Click here to watch this video and to read more:
https://jimroger.blogspot.com/2018/04/jim-rogers-before-all-this-is-over-gold.html
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Doug Duncan is not your average beltway economist. The chief economist for Fannie Mae is surprisingly outspoken about the troublesome outlook for the US economy.
He's worried about the rising cost of debt service as outstanding credit continues to mount at the same time interest rates are starting to ratchet higher, too. He predicts the US will enter recession within a year, concurrent with a topping out of America's real estate market.
It wouldn't surprise him to see the stock market falter, too, as central banks around the world begin a coordinated tightening of monetary policy and -- similar to the thoughts recently expressed within our podcast with Axel Merk -- Doug expects Jerome Powell to be much more reluctant to intervene in attempt to support asset prices.
Having met personally with Powell, Doug thinks the Fed is now happy to see some of the air come out of the Everything Bubble (just not too much and not too fast) -- a market change from past Fed administrations.Click here to watch this video and to read more:
https://goldsilvernews.blogspot.com/2018/04/doug-duncan-even-us-government.html
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On Saturday, April 21st, 2018 the St. Louis Federal Reserve Bank Tweeted, "In a possible future, cash disappears and central banks issue electronic money for all".
The bank's Tweet cited a research paper entitled, "The Case for Central Bank Electronic Money and the Non-case for Central Bank Cryptocurrencies".
Everyone should be afraid, very afraid if they ever plan on moving forward and acting on these thoughts. Complete and absolute control is their plan and the future if they succeed.Click here to watch this video and to read more:
https://goldsilverliberty.blogspot.com/2018/04/the-fed-is-openly-talking-about-banning.html
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Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says she sees an “enormous level of ignorance about how money works.” So, what can the average guy do to protect himself and his family? Fitts says, “You want to get as resilient as possible.
You cannot solve a political problem with a financial solution. When we are talking about the level of lawlessness that we are seeing around the country now, it gets very granular on how you protect yourself.
So, you want to get as resilient as possible, and you want to get as low of an overhead as possible and as low of debt as possible. If your income depends on the U.S. government, you want to make sure you have alternatives.”Click here to watch this video and to read more:
https://silverliberationarmy.blogspot.com/2018/04/catherine-austin-fitts-enormous-level.html
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Geopolitical and financial analyst Warren Pollock says, “What we think of as our government, the voting booth that is just a veneer that is just to keep people placated.
This bureaucracy, I think, is a major vector of theft. When we look at the actual function of our system, it is actually atrophied.” So, how do you navigate a bureaucratic system that is out to rob its citizens?
Pollock says, “How do you get small? Not having a website is one way. Staying out of debt is one way. Not applying for federal programs is another way along with state programs, Medicaid, Medicare, any large debt acquisition.
Getting smaller houses and not getting credit for a new car. There are lots of ways for you to get small, and you will be happier as a result.”Click here to watch this video and to read more:
https://goldsilvernews.blogspot.com/2018/04/warren-pollock-us-government-is-vector.html
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Tax day has passed and the crypto market is on the rise again. Bank of America said the last time we saw this happening it was 2007. The Fed is at it again, back in 2008 they explained to the American people that they were not forecasting a recession, we had a recession, fast forward to today, they are saying the same thing. Turkey wants its gold back, they are saying the dollar is doomed and they want to trade outside of the dollar.Click here to watch this video and to read more:
https://goldsilverliberty.blogspot.com/2018/04/the-fed-just-did-it-again-recession-is.html
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The house of lords or pushing to overturn the BREXIT, the central bankers will not allow the BREXIT to happen and they will used everything they have to stop it.
The Canadians just broke the old record for borrowing against their homes.
This is happening as home prices are declining. Real estate market is headed for a disaster. Trump and Abe agree on trade. The ECB moves to protect all banks against the economic collapse.Click here to watch this video and to read more:
https://goldsilvernews.blogspot.com/2018/04/ecb-is-now-preparing-all-banks-for.html
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The yield curve will invert, leading to a shrinking of the money supply, and a recession later this year, Michael Pento of Pento Portfolio Strategy tells Silver Doctors.
He says bonds currently are the “most mispriced assets in the history of the world.” He sees a world wide default on debt coming.
The stock market is also in trouble. There is a confluence of events coming in the fall that will lead to a bear market like we haven't seen in a decade. How can small or medium investors navigate the coming crises?Click here to watch this video and to read more:
https://silverliberationarmy.blogspot.com/2018/04/michael-pento-worldwide-debt-default.html
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The DNC is suing Russia, Trump and Wikileaks for the 2016 election. This will allow for discovery, Trump is already calling for the DNC servers, wait for it the Trump card will be played. Uranium one scandal has been confirmed, the investigation is ongoing. McCabe says they can't touch him.
North Korea agrees no more missile test, nuclear tests and the troops can stay in South Korea. Q mentions Pelosi in an intel drop, she sold info to NK and made millions. US cuts funding to Syria, this will include the White Helmets.
Russia will sell the S-300 missile system to Syria. Iran is next the same messages as NK are being broadcasted to get the world into a war. OPCW is being delayed on purpose in Syria. US says Russia wiped away all evidence in Syria, fake news. Q warns to archive everything, internet shutdown.Click here to watch this video and to read more:
https://goldsilverliberty.blogspot.com/2018/04/cornered-no-way-out-trump-card-is-about.html
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Regardless of whether you think about it or not, it is going to think about you, and the economy as a whole. Trouble is brewing.
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I have such conflicting interests. Unrest in the world is good for my pocket but thats all its good for. We are entering uncertain times. Which like you pointed out is only having a positive effect on sound stores of value
There is nothing wrong with protecting yourself. |
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The bigger the rise, the bigger the fall. No market goes up forever.
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Without a doubt, Amazon is artificially stifling small businesses.
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President Trump has ratcheted up his war of words against Amazon.
Late last week, Trump tweeted that Amazon is having a negative impact on competing retailers, as well as the federal and local governments:
I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.) and are putting many thousands of retailers out of business!… This Post Office scam must stop. Amazon must pay real costs (and taxes) now!
Then there was this morning’s tweet...Click here to read the full article:
https://jimrickards.blogspot.ca/2018/04/jim-rickards-trump-prepares-to-drop.html
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Former Reagan White House Budget Director David Stockman sees deflation, depression and financial Armageddon. Stockman says, “In the bond market, I don’t know any other way to describe it, It’s uncharted territory, and we have never been here before.
The house of cards is so shaky and so fragile right now that there is the risk of the proverbial black swan event. We don’t see something coming. It shocks the system.
It triggers a panic, and the panic soon envelops itself and descends into some sort of doom loop. That could very easily happen.” Stockman says, “Gold and silver are the only safe investments to have you can’t be safe in the stock market, and you can’t be safe in the bond market.”Click here to watch this video and to read more:
https://silverliberationarmy.blogspot.ca/2018/04/david-stockman-deflation-depression.html
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Geopolitical pressures like Syria & trade tariffs push metals higher. US stocks are mixed this last week as we continue in this sideways channel after a 12% correction since the start of the year. If that correction pushes much lower be prepared for commodities to see further strength. We will cover the price movements this last week of gold, silver, platinum, palladium, the us dollar index, the DOW, and more.Click here to watch this video and to read more:
https://goldsilverliberty.blogspot.ca/2018/04/golden-rule-radio-geopolitical.html
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Silver supply has not yet peaked, and the range-bound trading pattern is due to excessive supply above ground, not below it, according to Johann Wiebe, Lead Metals Analyst at Thomson Reuters.
In an interview with Kitco News, Wiebe said that on the demand front, the biggest drivers last year have been industrial, specifically solar energy and electric cars. "On the solar side, we definitely see continued, strong demand, going forward, driven by China" said Wiebe.Click here to watch this video and to read more:
https://silverliberationarmy.blogspot.com/2018/04/are-we-on-verge-of-silver-crunch.html
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What if, back in 2008, when Lehman Brothers, Bear Stearns, Merrill Lynch and many others were toppling like dominoes, someone said to you: “If you think this is bad, wait another decade, and an even bigger financial crisis will loom.” It would have been hard to believe, but it would have been correct. The same policies that created the 2008 crash were adopted and an even bigger bubble is now here. Ron Paul discusses.Click here to watch this video and to read more:
https://goldsilvernews.blogspot.com/2018/04/ron-paul-another-subprime-bubble-fed.html
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