NIGHTMARE SCENARIO: The World Goes Backward 100 Years, Gold Assumes Its Crisis Role
If the world retraces a century of evolution or more, it is clearly in for at least 50 years of very hard times… “Gold has no role in portfolio of wealthy clients” said the chief investment officer of Goldman Sachs’ private wealth management in the week that gold in...
The Greatest Debt Implosion That’s Spreading Like Coronavirus
A Hyperinflationary Depression has always been the inevitable end to the biggest financial bubble in history. And this time it will be global. Hyperinflation will spread from country to country like Coronavirus. It could start anywhere but the most likely...
The New (Forced) Frugality
There are only two ways to survive a decline in income and net worth: slash expenses or default on debt… In post-World War II America, the cultural zeitgeist viewed frugality as a choice: permanent economic growth and federal anti-poverty...
Will This Be “Just A Recession” Or Will It Be “The Next Great Depression”?
As America slowly but surely shuts down from coast to coast, everyone is acknowledging the fact that we are heading into a very serious economic downturn… As America slowly but surely shuts down from coast to coast, everyone is acknowledging the fact that we are...
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