Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bootstrap.php(430) : eval()'d code on line 134

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in ..../includes/class_bbcode_alt.php on line 1270

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4

Warning: Function ereg() is deprecated in ..../includes/class_postbit_alt.php(486) : eval()'d code on line 4
Silver Investor Community Discussion Forums - SilverSeek.com - SilverSeek.com Articles http://forums.silverseek.com/ Public comments on articles published on SilverSeek.com en Wed, 19 Jun 2019 01:29:01 GMT vBulletin 60 http://forums.silverseek.com/images/misc/rss.png Silver Investor Community Discussion Forums - SilverSeek.com - SilverSeek.com Articles http://forums.silverseek.com/ Strap Yourselves In – Gold May Take Off Like A Rocketship http://forums.silverseek.com/showthread.php?69586-Strap-Yourselves-In-–-Gold-May-Take-Off-Like-A-Rocketship&goto=newpost Tue, 18 Jun 2019 05:10:25 GMT *The last three years have been extremely difficult for metals enthusiast. If you speak with them, you would assume that gold has been going down... The last three years have been extremely difficult for metals enthusiast. If you speak with them, you would assume that gold has been going down for the last three years. Well, at least that is the impression you would get based upon their “sentiment.”

But, in fact, all gold has been doing for the last three years is move sideways. In other words, it has been consolidating. Yet, during that consolidation, sentiment among investors has soured to where it is akin to a bear market.

Moreover, over the last three years, we have had three different break out set ups in the complex. Yet, each time, the market has failed to capitalize on those set ups. And as I write this article, gold has another break out set up developing. Will it follow through on this one? This I cannot tell you with certainty.

My job as an analyst is to highlight opportunities within the markets I follow, and provide parameters to those opportunities. We base our analysis on probabilities, and for this reason, I am unable to tell you that something will certainly happen. Unfortunately, too many market participants view the market as black and white, whereas financial markets are non-linear environments wherein certainty is an impossibility.

In my last update, I outlined that if the GLD can provide us with a 5th wave higher, it would be a strong indication that the tide is turning in sentiment. And we got that 5thwave. At this point in time, as long as the GLD holds over 122, and then rallies strongly over 127.25, that could open the door to a major rally in gold that points us to at least the 138 region, but more preferably, up to at least the 145 region, with the path shown on the attached daily chart. And, of course, as the market rallies, we will continue to move up our supports for our stops. Remember, risk management should be a very important part of portfolio management. Otherwise, you are relying on the most destructive four letter word in the investment world: HOPE

http://news.goldseek.com/GoldSeek/1560772807.php
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69586-Strap-Yourselves-In-–-Gold-May-Take-Off-Like-A-Rocketship
<![CDATA[GoldSeek Radio Weekly Show: Peter Schiff & Harry S. Dent Jr.]]> http://forums.silverseek.com/showthread.php?69585-GoldSeek-Radio-Weekly-Show-Peter-Schiff-amp-Harry-S-Dent-Jr&goto=newpost Tue, 18 Jun 2019 05:07:53 GMT *http://radio.goldseek.com/shows/2019/06.14.2019/GSR-06.14.19-c.mp3* http://radio.goldseek.com/shows/2019...06.14.19-c.mp3 ]]> SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69585-GoldSeek-Radio-Weekly-Show-Peter-Schiff-amp-Harry-S-Dent-Jr Doug Casey Debunks Four Myths About Trump, Taxes, and the Economy http://forums.silverseek.com/showthread.php?69584-Doug-Casey-Debunks-Four-Myths-About-Trump-Taxes-and-the-Economy&goto=newpost Tue, 18 Jun 2019 05:06:29 GMT *International Man: For many years, President Trump has made no apologies for trying to pay the least amount of taxes possible. He’s clearly stated... International Man: For many years, President Trump has made no apologies for trying to pay the least amount of taxes possible. He’s clearly stated this in many interviews.

His desire to minimize his taxes has brought scorn from many in the mainstream media, and politicians from both sides of the aisle. These people are of the opinion that paying taxes is an honorable and necessary responsibility. It brings to mind the wrongheaded saying “taxes are the price we pay for a civilized society”, which came from US Supreme Court Justice Oliver Wendell Holmes. Many people believe this.

But if that’s true, how come low tax locales like Singapore, the Cayman Islands, Monaco aren’t backward hell holes, but rather sophisticated and civilized?

Doug Casey: Almost any lie can be accepted as truth if it’s said often enough and with enough certainty. That absolutely applies to what Holmes said. It’s shameful how people don’t think about its meaning, but slavishly repeat it.

Taxes aren’t the price we pay for civilized society. They’re a sign of the fact that society is becoming uncivilized. A civilized society is based on voluntarism. Taxes are all about coercion.

People don’t seem to recognize or remember that before 1913 there was no income tax in the US. There was no reporting of any kind to the US government. It was a much more civilized and far freer country then.

As far as Trump minimizing his taxes, congratulations to him. The object should be to cut the size of the US government in half, and cut it in half again, and again. And along with it, cut the tax burden that it imposes on the average American.

Trump should be proud of himself for cutting his taxes. It's your patriotic duty as an American citizen to deny revenue to the State and the kind of people that are drawn to it and populate it.

The fact that some people resent others for not paying taxes is just evidence that they’ve been consumed by the vice of envy, which is one of the worst of the vices. Jealousy says “if you have something that I want, I’ll try to take it from you, just because I want it." Envy says “if you have something that I want, and I can’t take it from you, I’ll destroy it and hurt you."

It’s speaks poorly of the ethics of the average American, that they’ll self-righteously shame their neighbors for not paying “enough” taxes to the State.

International Man: We often hear from politicians and the media that some people aren’t paying their “fair share” in taxes. Who gets to define what “fair” is, and based on what justifications?

Doug Casey: Whenever you hear the word fair, start running the other way. Everybody has a different idea of what’s “fair”— it’s an arbitrary concept. People manipulate its definition to their advantage. The only way to determine what might be fair is voluntary mutual agreement. That’s not possible with taxes—there’s no voluntarism involved. They are, in fact, a levy enforced at the point of a gun.

The most creative and productive people tend to have the highest incomes—unless they’re crony capitalists, which means they’re basically using the government to steal from everybody else.

Productive people shouldn’t be penalized for supplying more goods and services to their neighbors—to the market. The money they give to the government in taxes would have otherwise been used to create more wealth for the whole world. When it’s taken from them by taxes it’s mostly squandered on welfare and warfare.

The bottom half of the US really doesn’t pay any income tax. They only pay Social Security taxes, roughly a flat 15%. It’s theoretically a pension program, although in fact it’s a Ponzi scheme. Social Security is bankrupt. If anyone gets it in the years to come it will be at the expense of future taxpayers—not because any capital has been set aside.

Social Security is, and always has been, a swindle. It makes it harder for people to save on their own. And makes them feel they don’t have to. But it’s not a real pension plan; it’s a highly politicized welfare program. People have been propagandized into believing not just what isn’t true, but actually believing the opposite of the truth. The situation is actually pretty hopeless from a philosophical point of view and it’s getting worse. The average American believes Social Security and the income tax are both moral and necessary.

International Man: Doesn’t this system—which diverts wealth from productive use into government, which is naturally unproductive—make everyone worse off? You would think the lower and middle classes would be clamoring for more wealth creation that would also benefit them. Instead, many are asking for more wealth to be destroyed.

It seems this sort of thinking helps solidify a backwards system.

http://news.goldseek.com/GoldSeek/1560708793.php
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69584-Doug-Casey-Debunks-Four-Myths-About-Trump-Taxes-and-the-Economy
Steve Forbes Speaks Out on Gold, Inflation, and Central Bankers http://forums.silverseek.com/showthread.php?69583-Steve-Forbes-Speaks-Out-on-Gold-Inflation-and-Central-Bankers&goto=newpost Tue, 18 Jun 2019 05:02:52 GMT *Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we have an incredible interview with business icon and two-time... Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.

Coming up we have an incredible interview with business icon and two-time presidential candidate Steve Forbes, CEO of Forbes. Mr. Forbes unloads on the Fed and its horrific track record -- with accuracy that’s worse than a bunch of monkeys throwing darts at a dart board he says. He discusses Donald Trump’s chances at reelection and lays out the case why you simply must have at least some gold in your portfolio. So be sure to stick around for a Money Metals exclusive interview with Steve Forbes, coming up after this week’s market update.

After selling off earlier this week, gold and silver markets are now moving back up near important levels for traders. Gold is once again testing $1,350 with silver hovers around the $15.00 an ounce level.

For the week gold prices are now up a slight 0.5% to trade at $1,349 per ounce. Silver comes in at $14.95 as of this Friday morning, down 0.8% from where it closed last Friday.

The big mover in metals markets this week: palladium. Prices for the automotive metal have surged $91 so far this week or 6.6% to now trade at $1,461 per ounce. Palladium is vastly outperforming platinum, which is flat for the week and currently comes in at $808 an ounce.

Bullish metals analysts say these markets stand to benefit from rising geopolitical risk and a more dovish monetary policy from the Federal Reserve.

On the geopolitical front, tensions with Iran escalated on Thursday after an oil tanker in the Gulf of Oman was hit with explosives. The U.S. State Department immediately blamed Iran for the attack. But U.S. foreign policy critics such as former Congressman Ron Paul suggested it could have been a false flag akin to a Gulf of Tonkin incident.

Regardless, Secretary of State Mike Pompeo and National Security Advisor John Bolton are clearly itching to go after Iran. Their regime change effort in Venezuela, in which the U.S. prematurely declared the country had a new president, appears to have failed. Nicolas Maduro remains in power while the Venezuelan people continue to suffer sanctions, socialism, and hyperinflation

http://news.goldseek.com/GoldSeek/1560701471.php
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69583-Steve-Forbes-Speaks-Out-on-Gold-Inflation-and-Central-Bankers
Ray Dalio Is Kinda, Sorta, Really Wrong, Part 2 http://forums.silverseek.com/showthread.php?69582-Ray-Dalio-Is-Kinda-Sorta-Really-Wrong-Part-2&goto=newpost Tue, 18 Jun 2019 05:00:09 GMT * Dear Ray Financial Repression The Referees Suck Boston, New York, and ??? Last week we started a mini-series in the form of an open letter...
Dear Ray
Financial Repression
The Referees Suck
Boston, New York, and ???

Last week we started a mini-series in the form of an open letter responding to a series of essays by Ray Dalio, the founder of Bridgewater Associates. I wrote that he was kinda, sorta wrong in Why and How Capitalism Needs to Be Reformed, Parts 1 and 2 but really, really wrong in It’s Time to Look More Carefully at ‘Monetary Policy 3 (MP3)’ and ‘Modern Monetary Theory,’ in which he basically endorsed MMT. Today I continue my response.

As I noted, Ray has done us all a service by pointing out some rarely-mentioned elephants in the room (some tinged with pink). We discuss various parts but seldom the entire creature. By that, I mean the rapidly growing potential for “progressive” control of both Congress and the White House. This stems from frustration over differences between haves and have nots, between the protected and unprotected, combined with a fascination for government solutions to our society’s perceived ills.

Last week, I basically agreed with Ray’s analysis of US income and wealth disparity. It obviously exists. The question is what, if anything, can we do about it? I think this is an important conversation, not just between two people but throughout the entire nation. The answers will make a huge difference to both our society and our children’s futures. Not to mention our own futures.

And if the response from my readers is any indication, you are also passionate about this conversation. Last week’s letter generated many long, thoughtful reader comments. Clearly, it is not just Ray and I who are worried about the country’s future direction. I find that encouraging. A national conversation is precisely what we need in these serious times.

So let’s pick up where we left off last week.

http://news.goldseek.com/MillenniumW...1560669742.php
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69582-Ray-Dalio-Is-Kinda-Sorta-Really-Wrong-Part-2
GoldSeek Radio Nugget Interview: Peter Schiff http://forums.silverseek.com/showthread.php?69581-GoldSeek-Radio-Nugget-Interview-Peter-Schiff&goto=newpost Tue, 18 Jun 2019 04:57:51 GMT *https://youtu.be/LgJGfBRJT58* https://youtu.be/LgJGfBRJT58 ]]> SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69581-GoldSeek-Radio-Nugget-Interview-Peter-Schiff India Reacts to Depressed Silver Prices http://forums.silverseek.com/showthread.php?69580-India-Reacts-to-Depressed-Silver-Prices&goto=newpost Tue, 18 Jun 2019 04:54:45 GMT *Several recent articles have highlighted a surge of silver imports to India, prompting me to take a closer look. India has always been a big buyer... Several recent articles have highlighted a surge of silver imports to India, prompting me to take a closer look. India has always been a big buyer of silver and gold, befitting the traditions and culture of the country with the world’s second largest population. The population of India, more than 1.3 billion citizens, is now only about 50 million less than that of China. Combined, both countries make up 35% of the total world population (7.7 billion) and have always been large buyers and holders of gold and silver. Together, India and China absorb close to 50% of total world gold and silver mine production.

One big difference between India and China is that the gold and silver buying in India is largely a grassroots phenomenon, emanating from the general population due to deep-rooted customs and traditions; where the buying from China is predominantly from official sources (similar to the gold buying by Russia). To me, this makes the gold and silver buying from India more “free market” and price-sensitive in nature because the more participants in any market, the freer the market is by definition. The many tens and even hundreds of millions of gold and silver buyers from India make the markets there the freest of all.

India has always played a vital role in gold and silver. I remember how my longtime friend and silver mentor, Izzy Friedman, more than 40 years ago, as he was deciding whether to make a major investment in silver in the mid-1970’s, actually flew to India to see for himself if the stories of great silver hoards about to flood the market should prices move higher (from $4 or $5) were true. Izzy saw plenty of silver, but none so closely held in large concentrated quantities to pose a market threat. I believe that’s still the case today.

http://silverseek.com/commentary/ind...r-prices-17669
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69580-India-Reacts-to-Depressed-Silver-Prices
Putin, Xi To Cut US Dollar Out of Eurasian Trade http://forums.silverseek.com/showthread.php?69579-Putin-Xi-To-Cut-US-Dollar-Out-of-Eurasian-Trade&goto=newpost Tue, 18 Jun 2019 04:52:16 GMT *Something extraordinary began with a short walk in St. Petersburg last Friday. After a stroll, they took a boat on the Neva River, visited the... Something extraordinary began with a short walk in St. Petersburg last Friday.

After a stroll, they took a boat on the Neva River, visited the legendary Aurora cruiser, and dropped in to examine the Renaissance masterpieces at the Hermitage. Cool, calm, collected, all the while it felt like they were mapping the ins and outs of a new, emerging, multipolar world.

Chinese President Xi Jinping was the guest of honor of Russian President Vladimir Putin. It was Xi’s eighth trip to Russia since 2013, when he announced the New Silk Roads, or Belt and Road Initiative (BRI).

First they met in Moscow, signing multiple deals. The most important is a bombshell: a commitment to develop bilateral trade and cross-border payments using the ruble and the yuan, bypassing the U.S. dollar.

Then Xi visited the St. Petersburg International Economic Forum (SPIEF), Russia’s premier business gathering, absolutely essential for anyone to understand the hyper-complex mechanisms inherent in the construction of Eurasian integration. I addressed some of SPIEF’s foremost discussions and round tables here.

In Moscow, Putin and Xi signed two joint statements – whose key concepts, crucially, are “comprehensive partnership”, “strategic interaction” and “global strategic stability.”

In his St. Petersburg speech, Xi outlined the “comprehensive strategic partnership”. He stressed that China and Russia were both committed to green, low carbon sustainable development. He linked the expansion of BRI as “consistent with the UN agenda of sustainable development” and praised the interconnection of BRI projects with the Eurasia Economic Union (EAEU). He emphasized how all that was consistent with Putin’s idea of a Great Eurasian Partnership. He praised the “synergetic effect” of BRI linked to South-South cooperation.

And crucially, Xi stressed that China “won’t seek development to the expense of environment”; China “will implement the Paris climate agreement”; and China is “ready to share 5G technology with all partners” on the way towards a pivotal change in the model of economic growth.

So what about Cold War 2.0?

It was obvious this was slowly brewing for the past five to six years. Now the deal is in the open. The Russia-China comprehensive strategic partnership is thriving; not as an allied treaty, but as a consistent road map towards Eurasia integration and the consolidation of the multipolar world.

http://news.goldseek.com/LewRockwell/1560432127.php
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69579-Putin-Xi-To-Cut-US-Dollar-Out-of-Eurasian-Trade
Red Pill Realities http://forums.silverseek.com/showthread.php?69578-Red-Pill-Realities&goto=newpost Tue, 18 Jun 2019 04:49:09 GMT *We can face reality by swallowing the “red pill” (from the movie “The Matrix). This choice is uncomfortable because it opposes the propaganda from... We can face reality by swallowing the “red pill” (from the movie “The Matrix). This choice is uncomfortable because it opposes the propaganda from mainstream media, government statisticians, and Wall Street cheerleaders.

The “red pill” road is difficult and sometimes lonely. Gold is a “red pill” choice.

The “blue pill” path is easier and reassuring. Other “blue pill” advocates will applaud your choices. The herd approves this delusional path. Think debt-based fiat currencies.

The “blue pill” is best swallowed with a healthy slug of whisky, anti-depressant drugs, a few hits from now-legal “weed,” and platitudes from the evening news.

BLUE PILL REALITIES:
•U.S. government debt: Congress, in their wisdom, will approve appropriations larger than revenues, borrow the deficit, and accept “donations” from interested parties. It’s all good… except the U.S. government is in debt over $22 trillion and has unfunded commitments for $100 – $200 trillion more. Their only plan for addressing massive debt is to increase borrowing and hope.
•Even a few “blue pill” advocates understand this Ponzi scheme will end in tears.
•Interest Rates: Interest rates are near multi-generational lows. The annual debt service paid by insolvent governments and indebted “zombie” corporations is high, even though they enjoy abnormally low rates. The “blue pill” advocates cling to the idea that interest rates will forever stay low or fall negative because they must, without destroying the currency. Another word for this belief is “CRAZY.”

http://news.goldseek.com/GoldSeek/1560431957.php
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69578-Red-Pill-Realities
A Sinking Economy: Is It The Trade War Or Debt? http://forums.silverseek.com/showthread.php?69577-A-Sinking-Economy-Is-It-The-Trade-War-Or-Debt&goto=newpost Tue, 18 Jun 2019 04:46:12 GMT *https://youtu.be/CerCm_QLbfs* https://youtu.be/CerCm_QLbfs ]]> SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69577-A-Sinking-Economy-Is-It-The-Trade-War-Or-Debt Perfect Storm Brewing for Price Inflation http://forums.silverseek.com/showthread.php?69576-Perfect-Storm-Brewing-for-Price-Inflation&goto=newpost Tue, 18 Jun 2019 04:43:01 GMT *A “perfect storm” is brewing for midwestern farmers. Unending rains have led to the flooding of tens of millions of acres of farmland. The deluge... A “perfect storm” is brewing for midwestern farmers. Unending rains have led to the flooding of tens of millions of acres of farmland. The deluge comes on the heels of years of low crop prices.

It has the makings of an agriculture disaster on a scale never seen before.

The nation may see a “perfect storm” in terms of food inflation. Prices for some farm commodities figure to be a lot higher in the months ahead as markets adjust to dramatically lower crop yields. This will be coupled with price hikes associated with tariffs on all manner of goods from China and elsewhere.

To top it off, the Fed is signaling a reversal. The next move in interest rates now figures to be lower.

Grain and soybean prices are already on the move. Corn prices began climbing rapidly in early May. Today the price per bushel is 20% higher than a month ago. Wheat prices are 7% above the lows of a month ago, and soybeans are 11% higher.

Chinese tariffs on U.S. agricultural products pushed prices lower earlier in the year. However, the longer-term effect of those particular tariffs may wind up being less than many think. The market for food commodities is global and demand is somewhat inelastic.

More than a billion Chinese need to be fed. What they don’t purchase directly from the U.S. will need to be purchased elsewhere. We can expect to see an increase in American exports to other places

http://news.goldseek.com/GoldSeek/1560257221.php
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69576-Perfect-Storm-Brewing-for-Price-Inflation
Ray Dalio Is Kinda, Sorta, Really Wrong http://forums.silverseek.com/showthread.php?69575-Ray-Dalio-Is-Kinda-Sorta-Really-Wrong&goto=newpost Tue, 18 Jun 2019 04:40:35 GMT * Dear Ray •Income and Wealth Inequality •Is Capitalism the Problem?
Dear Ray


•Income and Wealth Inequality


•Is Capitalism the Problem?


•Boston, New York, and ???


“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually slaves of some defunct economist.”
—John Maynard Keynes

“Nothing is more dangerous than a dogmatic worldview—nothing more constraining, more blinding to innovation, more destructive of openness to novelty.”
—Stephen Jay Gould

“Inequality has emerged as a major issue in the US and beyond. A generation ago it could reasonably have been asserted that the overall growth rate of the economy was the main influence on the growth in middle-class incomes and progress in reducing poverty. This is no longer a plausible claim.

The share of income going to the top 1 percent of earners has increased sharply. A rising share of output is going to profits. Real wages are stagnant. Family incomes have not risen as fast as productivity. The cumulative effect of all these developments is that the US may well be on the way to becoming a Downton Abbey economy. It is very likely that these issues will be with us long after the cyclical conditions have normalized and budget deficits have at last been addressed.”
—Lawrence Summers (in the Financial Times, February 2014)

Ray Dalio is the thoughtful, somewhat controversial founder of the world’s largest hedge fund, Bridgewater Associates, which he started in 1975. While much of his writing is private, I (and many others) peruse every word we can of his and the Bridgewater team’s thinking. I find it to be some of the most interesting market commentary I read.

http://news.goldseek.com/MillenniumW...1560146461.php
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69575-Ray-Dalio-Is-Kinda-Sorta-Really-Wrong
GoldSeek Radio Nugget: Chris Martenson http://forums.silverseek.com/showthread.php?69574-GoldSeek-Radio-Nugget-Chris-Martenson&goto=newpost Tue, 18 Jun 2019 04:37:45 GMT http://email.goldseek.com/lt.php?c=9...n.06.04.19.mp3 ]]> SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69574-GoldSeek-Radio-Nugget-Chris-Martenson COT Silver Report - June 14, 2019 http://forums.silverseek.com/showthread.php?69573-COT-Silver-Report-June-14-2019&goto=newpost Tue, 18 Jun 2019 04:28:15 GMT *http://silverseek.com/commentary/cot-silver-report-june-14-2019-17672 For anyone not able to see the complete COT report or would prefer to see... http://silverseek.com/commentary/cot...-14-2019-17672

For anyone not able to see the complete COT report or would prefer to see the combined Gold and Silver COT reports

http://news.goldseek.com/COT/1560540626.php
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69573-COT-Silver-Report-June-14-2019
COT Silver Report - June 7, 2019 http://forums.silverseek.com/showthread.php?69572-COT-Silver-Report-June-7-2019&goto=newpost Sat, 08 Jun 2019 07:34:43 GMT *http://silverseek.com/commentary/cot-silver-report-june-7-2019-17666 For anyone not able to see the complete COT report or would prefer to see... http://silverseek.com/commentary/cot...e-7-2019-17666

For anyone not able to see the complete COT report or would prefer to see the combined Gold and Silver COT reports

http://news.goldseek.com/COT/1559935963.php
]]>
SilverSeek.com Articles valerb http://forums.silverseek.com/showthread.php?69572-COT-Silver-Report-June-7-2019