BAIL-INS AND NEGATIVE INTEREST RATES, THE ULTIMATE ADMISSION OF FAILURE; CASH AND PHYSICAL GOLD, STANDING IN THE WAY OF A LIFETIME OF FINANCIAL SERVITUDE AND SLAVERY!
MIKE HOY has very kindly sent article to us which I thought would be of interest to you:
For the last several decades, the out-of-control growth of US Government spending
when combined with the unlimited printing policies of “The Fed” has set the stage for
“The Perfect Storm!”
Anyone with a simple calculator can easily understand how it is virtually impossible for
320,000,000 people to retire a current and rapidly growing debt of
$19,000,000,000,000. This is a sum which equates into $60,000 worth of debt per man,
By Justin Spittler
The largest underground currency market in history...how to make huge investment gains from negative interest rates...none dare call it a tax.
Editor’s Note: This is the most important Dispatch we’ve published all year.
You won’t find our regular daily market commentary in this issue. Instead, you’ll find an urgent message from Casey Research director Brian Hunt. Right now, the government is planning a secret new tax. It involves a new way of taking money directly from your bank account…
What will the price of silver be in 2021? You can find articles suggesting the price of silver will be over $1,000 and under $10. Perhaps this is the wrong question.
A better approach:
The downtrend that has dominated this sector for the last 3 years has been broken by golds sudden and almost vertical rise from its recent lows.
By Doug Casey
For a long time, I’ve advocated that the world’s governments should default on their debt. I recognize that this is an outrageous-sounding proposal.
However, the debts accumulated by the governments of the U.S., Japan, Europe and dozens of other countries constitute a gigantic mortgage on the next two or three generations, as yet unborn. Savings are proof that a person, or a country, has been living below their means. Debt, on the other hand, is evidence that the world has been living above its means.
"Everybody should be worried.. and be prepared," warns legendary investor Jim Rogers, as he sees the market "facing a bigger collapse than in 2008," and the central banks will be unable to kick the can much longer.
By Nick Giambruno
This definitive sign of a currency collapse is easy to see…
When paper money literally becomes trash.
Maybe you’ve seen images depicting hyperinflation in Germany after World War I. The German government had printed so much money that it became worthless. Technically, German merchants still accepted the currency, but it was impractical to use. It would have required wheelbarrows full of paper money just to buy a loaf of bread.