We examine how a physical shock moves through the commodity system, and why its most significant effects may not appear first in markets, but in the real economy.
The global gold bug’s enemies are government, fiat, and debt but sometimes an enemy can be a friend; savvy bugs keep enough fiat reserves to manage the emotional swings that occur with the ebb and flow of the price of their gold, silver, and miners!
Income taxes, along with the military draft and other types of mandated “service,” are incompatible with a free society and should be opposed by all who value liberty and peace.
According to Wells Fargo chief equity strategist Ohsung Kwon, the “debasement trade” has the potential to drive gold to that mind-spinning number.
Epstein covers geopolitical tensions involving Iran and the U.S., focusing on negotiations over uranium enrichment and the Strait of Hormuz, which are influencing market dynamics.
