Could a dollar swoon trigger a global currency crisis? Review of domestic inflation as a result of monetary profligacy. Is $2,000 gold the new price floor enroute to $2,500?
The lagged effect of the unprecedented loosing of financial conditions is about to strike ... and with it 'animal spirits' will be reborn - and the threat of re-inflation.
The US is the cleanest dirty shirt in the laundry, a massively productive and rich nation, albeit marred by political and social stress, and that wealth can mask a multitude of sins.
The harm is exacerbated when you consider that ALL of New Jersey’s neighbors (Delaware, New York, Pennsylvania) have already stopped taxing gold and silver.
Inflation is caused by money printing. The carbon hysteria will mostly be financed by money printing. So, there’s an indirect relationship. But it’s actually worse than that...
Rocco: "We could see quantitative easing as the economy really starts to roll over and that's when I think we're going to start seeing much higher gold and silver prices. But I think we may see weakness first."
Plenty of numbers are screaming recession already. The Fed won’t see the recession we are already in, and therefore will tighten us into economic oblivion.
