History through a monetary lens is far more accurate than any other lens one can use. The farmers and the industrial workers lost to the Eastern Bankers and “the Flying Monkeys.”
Prohibiting gold mining means tightening central banking's control of money, financial systems, and the value of all capital, labor, goods, and services in the world.
Central bank demand continues to dominate the gold market. It could be a significant factor in why the precious metal continues to hold critical long-term support levels.
De-dollarization will be something foreign central banks and individuals pursue out of necessity as the dollar’s devaluation forces them into assets that retain purchasing power.
The idiots on Wall St. should definitely be in stocks and bonds - made of wood and iron. The market mongers are making up reasons for the madness as they go.
Good grief, are we sick of hearing, “Gold is down because of Dollar strength.” When it comes to gold, “conventional wisdom” isn't our investing indicator of choice.
Mauldin explores the Big Cycle concept from Ray Dalio’s book “Principles for Dealing with the Changing World Order” and what contributes to the rise and fall of societies.
Hochberg recommends checking bank ratings, moving some money offshore out of the US banking system, plus owning some gold and silver coins just in case.
