first majestic silver

Declining Stocks, A Falling Dollar And Rising Gold/ Silver Prices… Welcome To 2019

MBA, Market Analyst & Author @ The Mining Stock Journal
January 8, 2019

Summary

Stock prices have become synonymous with economic growth and prosperity.

In truth, the stock market is nothing more than a reflection of the inflation/currency devaluation caused by the Fed’s money printing and lascivious enablement of rampant credit creation.

If the stock market was "big fat ugly bubble" in 2016, what is it now?

The stock market has become the United States’ “sacred cow.” For some reason, stock prices have become synonymous with economic growth and prosperity. In truth, the stock market is nothing more than a reflection of the inflation/currency devaluation caused by the Fed’s money printing and lascivious enablement of rampant credit creation. 99% of all households have not experienced the rising prosperity and wealth of the upper 1%. The Fed’s own wealth distribution statistics support this assertion.

It’s been amusing to watch Trump transition from tagging the previous Administration with creating a “big fat ugly stock bubble” - with the Dow at 17,000 - to threats of firing the Fed Chairman for “allowing” the stock market to decline, with the Dow falling from 26,000 to 23,000. If the stock market was big fat ugly bubble in 2016, what is it now?

If the Fed pulls back from its interest rate “nudges” and liquidity tightening policy, the dollar will sell off, gold will elevate in price rapidly and the Trump government will find it significantly more difficult to finance its massive deficit-spending fiscal policy. Welcome to 2019...

SBTV, produced by Silver Bullion in Singapore, invited me onto their podcast to discuss the Fed, the economy and, of course, gold and silver:

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Dave Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for a large bank. He has an MBA from the University of Chicago, with a concentration in accounting and finance. He currently co-manages a precious metals and mining stock investment fund in Denver. My goal is to help people understand and analyze what is really going on in our financial system and economy. Dave publishes the The Mining Stock Journal a bi-weekly subscription newsletter that features junior mining ideas as well as relative value ideas in large cap mining stocks.

 


The King James Bible mentions gold 417 times. Not once does it mention a paper currency.
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