Money For Nothing and Stocks For Free

What a crazy, volatile week. Money created out of thin air is still the economic religion we have been brainwashed to believe in.  Unfortunately, it’s a big lie and ultimately, it’s all going to come crashing down. I guess you would have to say this week was a “risk off” week, given a 12.1% rally in stocks and a 10.77% bounce in silver as well as a decline in U.S. Treasuries. But none of this is based on reality. Lots of cheerleading from President Trump and delusional supply side economists like Larry Kudlow along with some early hopeful signs of a decline in COVID-19 gave a boost to the market and a big bounce in my Inflation/Deflation Watch, shown above. But we have barely begun to see the massive carnage this totalitarian-like lockdown mandate will create. I believe there is a lot that doesn’t meet the eye regarding the WHO and powerful elitists like Bill Gates who seems to favor the Chinese over American interests.

But leaving politics aside, I truly believe we are nearing the end of fiat money and approaching the perfect storm for gold and gold shares as well. I’m not saying owning gold will solve all your problems. But it will most likely be much better owning it than not. In his article titled “The destructive force of bank credit,” Alasdair Macleod explains how the destructive forces of bank credit will likely lead to massive dollar inflation and an end to the fiat currency system as we know it now. Here is the link:

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