It’s going to be a huge mess. That is why the Fed has never exited a tightening period without creating a recession and will not do so now even though the market feverishly believes this time will be different than all others.
CEO Gleason: "For almost a decade, we've provided an opportunity for students to further their understanding of sound money through our annual scholarship competition."
Of concern to our present study is Poland, eligible for eurozone inclusion, which is buying large volumes of gold which reaffirms the existence of the agreements.
Live from the Zurich Precious Metals Summit, GoldSeek TV speaks with mining industry executives and experts. 20 interviews were filmed at the Precious Metals Summit in Zurich on November 13 and 14.
If the Fed goes back to QE this time to solve a problem, should a larger problem emerge...then it will likely crush its own fight against inflation and send inflation soaring.
Those who “try to pull up the drawbridge,” Sec. Austin said, undermine the security that has led to decades of prosperity. Prosperity? Has he looked at the national debt, inflation, and the destruction of the dollar?
The weekend was huge for gold, taking it to new record heights, and then it corrected with a record reversal, too. It was the 6th biggest intraday drop in the history of spot gold trading!
If the US dollar were to become worthless, it won’t matter what the price of gold is in US dollars. Again, what will be important under those conditions is how much gold you own.
It’s been a long time since global wars and recession have joined hands. We have also never faced so many bubbles blown up to such enormous sizes. We also hear the drumbeats of recession growing very close now.
