Merrill Lynch has unveiled a new investment thesis, and gold plays a prominent role. We unpack FAANG 2.0 and what it could mean for gold moving forward.
Will the U.S. dollar be replaced as the dominant global currency?
We also discuss why Gold and Silver haven't rallied while we face a global economic crisis.
Therefore, the stage is set for a price explosion in silver and gold like never before. All the (former) big commercial concentrated shorts have to do to ensure the price powder keg goes off, is absolutely nothing...
That rush for the exits brings us to where we are now. Expect another wave of selling to occur. It will include forced liquidations of leveraged positions..
The precious metals expert and former auditor lifts the lid on the scale of regulatory malfeasances common among traditional providers, and advises on how to exit the system..
J.P. Morgan controls three times as many precious metals derivative contracts as the next biggest player. If the mega bank were forced to relinquish its market dominance..
Eventually, the "sleeping-behemoths," i.e., financial institutions, such as pension funds, insurance funds and money managers will increase precious metals exposure from 0% to more traditional levels, 10%-20%.
Alasdair Macleod joins us today to share his thoughts on a shutdown in the markets across the board. We also discussed a possible new world reserve currency and why the price of precious metals keeps falling.
We will see in future letters how Greenspan, Bernanke, Yellen, and now Powell all distorted the markets and created bubbles, as did the ECB and other major central banks.
Heresy Financial gives his thoughts on why he believes there is still more economic pain ahead, plus other issues happening with the Fed and the economy.
