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..
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.
It is amazing how compressed the cycles are in the markets these days. But maybe it’s not so surprising when you consider the constant involvement of meddling, manipulating central banks and even governments.
The dollar has rallied to its highest level in 19 years, although rather than it being due to some inherent strength, analyst Dave Kranzler points out how it’s instead a reflection of concerns in the credit markets.
