So, we are facing a depression, originating not in financial events but in the displacement of people, transport and other elements. Facing a system failure with a known cause is one thing. Facing one for which you have no model is another.
New, heavy-handed IRS and Federal Reserve controls along with other threats to financial privacy highlight the importance of holding wealth outside the banking system.
As most can recall, in 2008, banks — the ones deemed “too big to fail” — were supported by one of the largest government bailouts in world history. Expect to see another banking crisis soon, but this time, it’ll be different.
Would boost the country’s gold reserves to 330 tonnes and catapult Poland up to 18th place in the rankings, ahead of major gold holders such as the UK ..
I do not believe that fundamentals of the economy or the market are the driver of the stock market. Rather, I believe that market sentiment is the main driver..
Expectation of higher interest rates and/or reduced long term money supply is one of the key reason why gold is not able to break past triple top at $1840.
