Precious Metals, Mining Stocks, Housing Market – What’s Next?

“The housing market is 100% a function of the Fed’s money printing.  Half the money the Fed printed, $2.2 trillion, went directly into the housing market.”

Analysts and financial media meatheads look at the $4.5 trillion created by the Fed and truly believe that it wasn’t money printing because it’s “backed” by Treasury bonds and mortgages.  But this is pure ignorance.  Not taken into consideration is the amount of credit and debt issuance enabled by using the $4.5 trillion as the “reserve capital.”  It’s fractional banking on steroids.

As the U.S. financial system reaches its limit on the amount of debt that can be serviced from the current level of wealth output, what happens next?  We’re already seeing what happens in the housing market per the fact that the homebuilder  stocks are in an “official” bear market, with some of them down over 30% since late January.

Then what?  The Fed will have to print multiples of the original amount it printed or face systemic collapse. At that point the precious metals sector will soar beyond anyone’s imagination at this point in time.

Phil Kennedy (Kennedy Financial) invited me to discuss these issues on his podcast.  Phil’s podcasts blend truthseeking, facts, humor, humility and sarcasm.  It’s  well-worth the time spent to listen:

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If you are interested in ideas for taking advantage of the inevitable systemic reset that  will hit the U.S. financial and economic system, check out either of these newsletters:  Short Seller’s Journal information and more about the Mining Stock Journal here:  Mining Stock Journal information.

6 thoughts on “Precious Metals, Mining Stocks, Housing Market – What’s Next?

  1. Really ? Who gives a damn how high gold goes in dollar terms.
    We are in the early stages of the dollar being less and less relevant.
    When gold is priced in dollars @ $5,000 or $50,000 would you really
    be willing to give it up for worthless fiat ? Buildings, automobiles and
    any items with utilitarian value would be at the top of my list. Silver
    for daily necessities like food and water.

  2. Watch The Spider’s Web Documentary online

    Published on Sep 14, 2018 At the demise of empire, City of London financial interests created a web of secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British jurisdictions and Britain and its dependencies are the largest global players in the world of international finance.

    https://www.youtube.com/watch?v=np_ylvc8Zj8

    https://twitter.com/spiderswebfilm/status/1040511675022106626

    1. I’ll watch, but I would suggest the same web exists in DC and the Vatican City. All three are
      suspiciously independent from their sovereign host-countries.

  3. I may be interested in a subscription to the short selling publication. Do you keep records relating to historical performance.

    1. I don’t because most of my short picks are meant to be long term (12-24 month plays). As an example I presented GM as a short in early November 2017 at $42. It sold off from there, ran back up to $44 and is now at $34. I have had ideas did that did not work and some that have been spectacular. Right now
      most of my work is focused on homebuilders, Tesla and a few other select ideas. I always advise shorting shares but I also provide put option ideas. I have a low churn rate in my subscriber base so I must be doing something right. I have no minimum commitment requirement beyond the first month. So your downside to try it out is $20.

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