Gold, the Fed and Q.

in #market5 years ago


In this report, I cover the early market action from London on Monday, December 17th, 2018. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of oil.

Today I look at the Federal Reserve, its current monetary policy path and how gold could be used in the next crisis to stabilize and even reset the financial system. I show the viewers the last two times the system was reset back in 1934 and 1980 and note that using the gold card is only done in extremis by the Fed and central banks.

My conclusion is that we are fairly close to such an event as a rebalancing and that reinstating QE could lead to the loss of confidence in the current fiat monetary system and that is why the gold card would have to be used for the third time in about 90 years.

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A Reset Like in 1934 and 1980 Would Mean $21'000 Gold.:

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Yep, for a long time I was aware of websites like devumi (.) com selling followers, but also views on your videos. Not a problem for YouTube, Facebook and such, after all, the fake followers and views boosted numbers making them look good to advertisers. Market share is everything, right?
This is what really rubbed me the wrong way; Youtube was moving the threshold again while I knew many accounts gained their subs through paying someone. Cheers!

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What a great way to learn about general economics and monetary systemst by listening to you ramble on about different subjects.
Q is good for keeping some people's spirits up. It is up to us to make our own decisions as to what is real.
It is easier, for me anyway, to identify what is real than trying to ID what is fake.

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