Results 1 to 10 of 10

Thread: Ominous sign - The Economist promotes gold

  1. #1

    Ominous sign - The Economist promotes gold

    ...
    Now imagine the world economy goes into a tailspin. There is panic selling of risky assets. Where should you seek safety? Cash is the most liquid asset; but which kind? The dollar is a natural focal point. Yet America’s fiscal indiscipline and its sizeable current-account deficit might give pause. Other currencies have their faults, too. There is one other destination you might consider, if only because others are starting to think the same way. And that is gold.
    ...
    https://www.economist.com/finance-an...-case-for-gold

    I think this is an ominous sign. In the fallout of the 2007/2008 crisis, there was all kinds of talk amongst the Davos/G20 crowd about different ideas/plans for a NWO monetary system. That talk seems to have faded away as ZIRP (and, in some places, NIRP) seemed to stabilize the system.

    Today, we have credit bubbles/stresses growing everywhere - zombie firms/junk bonds, consumer credit debt, headwinds for future treasury issuances, etc. The main global financial institutions (BIS, IMF, Fed, etc.) have all published warnings about the lack of powder to manage the next financial crisis. Still, we don't see chatter about any NWO monetary systems. Has the issue been decided? Or is the world too polarized now with all the nationalist political movements?

    Maybe I missed something, but it really seems like they are getting the word out - the next crisis will be unmanaged, protect yourself with gold. It's going to be a bumpy ride.
    I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:

    Tin Foil Hats, Economic Reality and the Total Perspective Vortex

    Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's Rep. Paul Broun Jr.'s HR 1098 77: Free Competition in Currencies Act?



  2. Remove this section of ads by registering.
  3. #2
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks NC Fishing Boat Rentals

  4. #3
    Oyarde thinks gold has a bright future .
    Do something Danke

  5. #4
    Quote Originally Posted by oyarde View Post
    Oyarde thinks gold has a bright future .


    Donald Trump: 'What you're seeing and what you're reading is not what's happening'

    "Truth isn't truth"- Rudy Giuliani

    "China has total respect for Donald Trump and for Donald Trump's very, very large brain," - Donald Trump.

    "Yeah, I have to say these guys(trolls) are pretty sharp. Sort of good to get a challenge and sharpen your thoughts." NorthCarolinaLiberty

    I am Zippy and I approve of this post. But you don't have to.

  6. #5
    Quote Originally Posted by Bern View Post
    https://www.economist.com/finance-an...-case-for-gold

    I think this is an ominous sign. In the fallout of the 2007/2008 crisis, there was all kinds of talk amongst the Davos/G20 crowd about different ideas/plans for a NWO monetary system. That talk seems to have faded away as ZIRP (and, in some places, NIRP) seemed to stabilize the system.

    Today, we have credit bubbles/stresses growing everywhere - zombie firms/junk bonds, consumer credit debt, headwinds for future treasury issuances, etc. The main global financial institutions (BIS, IMF, Fed, etc.) have all published warnings about the lack of powder to manage the next financial crisis. Still, we don't see chatter about any NWO monetary systems. Has the issue been decided? Or is the world too polarized now with all the nationalist political movements?

    Maybe I missed something, but it really seems like they are getting the word out - the next crisis will be unmanaged, protect yourself with gold. It's going to be a bumpy ride.
    Can you post the full article? It's behind a paywall.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks NC Fishing Boat Rentals

  7. #6
    No pay wall copy here: http://gata.org/node/18873

    Sorry - on tablet atm. Not convenient to copy/paste/edit.
    I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:

    Tin Foil Hats, Economic Reality and the Total Perspective Vortex

    Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's Rep. Paul Broun Jr.'s HR 1098 77: Free Competition in Currencies Act?

  8. #7
    Gold up about 40.00 this week . Oyarde is ready .
    Do something Danke

  9. #8
    I didn't mention it in the OP, but Rogoff recently advocated investing in gold as a hedge during a period of NIRP and a cashless society:

    https://news.goldcore.com/us/gold-bl...ex-imf-rogoff/
    I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:

    Tin Foil Hats, Economic Reality and the Total Perspective Vortex

    Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's Rep. Paul Broun Jr.'s HR 1098 77: Free Competition in Currencies Act?



  10. Remove this section of ads by registering.
  11. #9
    2200 views in a week in this subforum is a lot. For some reason this thread is getting a lot of attention.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    Visiting the Outer Banks of NC?
    Outer Banks NC Fishing Boat Rentals

  12. #10
    Quote Originally Posted by Bern View Post
    ... The main global financial institutions (BIS, IMF, Fed, etc.) have all published warnings about the lack of powder to manage the next financial crisis. ...
    IMF's latest warning:
    Public debt ratios are now “significantly higher” than before the global financial crisis across the globe, and governments need to get their fiscal houses in order ahead of the next global downturn, the International Monetary Fund said Wednesday.
    ...
    Advanced economies have levels of public-debt-to-GDP ratios that are close to unprecedented in peacetime, the IMF said. At the same time low interest rates are helping to make it easier to finance these high debt levels.

    Asked about calls from some economists for the IMF to change its orthodox thinking about the need for low budget deficits in the environment of low interest rates, Gaspar said it was an open question how long these low interest rates can persist.
    ...
    https://www.marketwatch.com/story/im...urn-2019-04-10
    I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:

    Tin Foil Hats, Economic Reality and the Total Perspective Vortex

    Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's Rep. Paul Broun Jr.'s HR 1098 77: Free Competition in Currencies Act?



Similar Threads

  1. A Little History Quiz: Ominous Sign?
    By tiffanyras in forum History
    Replies: 1
    Last Post: 12-13-2016, 01:11 PM
  2. An ominous sign of a new Clinton scandal
    By enhanced_deficit in forum 2016 Presidential Election: GOP & Dem
    Replies: 5
    Last Post: 10-08-2016, 04:57 PM
  3. Ominous sign? NBC kits being bought up?
    By LiveFree79 in forum Open Discussion
    Replies: 5
    Last Post: 08-19-2010, 11:03 PM
  4. What The Economist Doesn't Know About Gold
    By not.your.average.joe in forum Economy & Markets
    Replies: 1
    Last Post: 06-24-2010, 01:10 PM
  5. What The Economist Doesn't Know About Gold
    By not.your.average.joe in forum U.S. Political News
    Replies: 0
    Last Post: 06-24-2010, 12:38 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •