Insightful commentary with Chris Temple
Click download link to listen on this device: Download Show
To read Chris’s complimentary article on “The Odd Couple Trade” click here.
Great insight into various methods of taxation.
Europe/Japan is monetizing and going to negative interest rates.
The US may have to or the dollar will soar.
But going to negative interest rates WILL require more monetization and ultimately guarantee world hyperinflation….Wiemar/Zimbabwe style.
VERY gold bullish (and dollar and stock market bearish) comments from Michael Oliver, via Jay Taylor’s show.
Oliver has been very measured in his assessment of gold over the last couple of years, but did see this coming in interviews with him I heard last year, so maybe he’s correct to be so positive (and for higher prices SOON)
ABX……..open for business.
I don’t think negative interest rates have helped European banks over the last year and will have a very negative effect (pun intended) if tried in the US. If for no other reason than banking systems were never designed to deal with calculating and holding data on negative rates. As recently as 3 years ago working on a big banking systems project handling negative rates was a big issue. For small banks with old systems this would be a costly nightmare.
All this talk about negative interest rates!
What a farce. Are people that STUPID?
It is just another form of taxation, from people with assets.
The government can support the money system and the banks with bail-outs.
i.e. get money out of people by taxation and then give it to the banks.
OR it can be more efficient and cut out the middle step by giving it straight to the banks by negative interest rates.
It has the added benefit of cutting government costs, but are people that stupid, nhot to realize a fleecing!