The stock market has become the United States’ “sacred cow.” For some reason stock prices have become synonymous with economic growth and prosperity. In truth, the stock market is nothing more than a reflection of the inflation/currency devaluation caused by the Fed’s money printing and lascivious enablement of rampant credit creation. 99% of all households have not experienced the rising prosperity and wealth of the upper 1%. The Fed’s own wealth distribution statistics support this assertion.
It’s been amusing to watch Trump transition from tagging the previous Administration with creating a “big fat ugly stock bubble” – with the Dow at 17,000 – to threats of firing the Fed Chairman for “allowing” the stock market to decline, with the Dow falling from 26,000 to 23,000. If the stock market was big fat ugly bubble in 2016, what is it now?
If the Fed pulls back from its interest rate “nudges” and liquidity tightening policy, the dollar will sell-off, gold will elevate in price rapidly and the Trump Government will find it significantly more difficult to finance its massive deficit-spending fiscal policy. Welcome to 2019…
SBTV, produced by Silver Bullion in Singapore, invited me onto their podcast to discuss the Fed, the economy and, of course, gold and silver:
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.
I think it is funny how many of you “experts” miss the OBVIOUS tact Trump is using. Everyone who says “but trump complained about the bubbles before he was elected” fails to realize that he still hates the bubbles. But now he has to power to destroy the very institution that creates the bubbles in the first damn place. He had to inflate the bubble bigger than ever before to illustrate his ultimate point. The fed is the real problem. Here is how it works, pay attention…
1. he inflates the bubble and takes credit for it on the way up (we all know he did this)
2. he then starts making snide comments about the Fed and how they are going to kill the economy. over, and over, and over, and over he makes these comments. He wants EVERYONE to know that he is blaming the fed
3. the markets crashes
4. Trump says “I was doing a wonderful job my economy was BOOMING, then the fed came along and ruined it”
5. audit the fed
6. gold standard
Duh. its obvious, but you idiots are more concerned about calling Trump an idiot instead of seeing the obvious. I don’t even like the man but at least i don’t have trump derangement syndrome that prevent me from seeing clear facts.
Agree to disagree
“… but at least i don’t have trump derangement syndrome that prevent me from seeing clear facts.”
Well you are wrong on this statement below. Trump has almost NO power over the Fed. Big money runs the government not the other way around.
“But now he has to power to destroy the very institution that creates the bubbles in the first damn place. “
Markets go up and down, that’s just how it is. I am a firm believer in long-term investments and just riding out the waves. Right now I’m buying up gold and silver because of the low prices. Especially american eagles https://bullionexchanges.com/buy-silver/coins/us-silver-coins/american-silver-eagles