Loading ...Just fact is we have to start worrying about ourselves. We have China stealing technology by the billions.
Mexico and border issues stealing land, jobs, and money. Yes some workers are needed but that’s it less moving into others jobs mainly the young and construction. We have rest of the world as Armstrong mentioned about the bond crisis has turned OUR Fed into the world bank. Yellen wants to raise interest rates because pensions and SS going to go negative but Europe won’t let them so we have to again pay for their mismanagement as well. Trade is in the negative for us but at least Trump working on that. Politicians are for sale by lobbyists and who ever dangles money at them including banksters.
So this talk Doom and gloom if we lose dollar reserve is not a bad thing it will free up control of our own interest rates.
Thing is then housing. Interest rates go up housing goes down because it’s leveraged plus taxes and you can’t pick up and move it. All other tangables movable will go up, stocks, gold.
Armstrong is talking about a depression now with the bond bubble because most the money is in bonds both here and Europe and to stay in liquid assets like stocks and gold. He’s still maintaining gold can go to 5000 begrudgingly but won’t happen right away.
He said political turmoil will get worse by end of year I think or soon after.
Depression, guess I better get that garden started.
Mr Copper
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