If you think the economy is in bad shape now, wait until you watch this video update. The Global Economy is a Ponzi Scheme that is being propped up by a massive amount of debt. How much debt? Well, in just the last three years, total global debt surged by 23%, a stunning $56 trillion. Thus, Debt is the New Economy… LOL…
For the Bulls, who thought the broader indexes were heading to new highs, the Bears returned as the market sell-off commenced on Friday. I expect this will continue next week until we fall 40-50% from the highs over the next year. However, there are some interesting dynamics taking place in the silver market…
U.S. power bills are surging to record levels causing 20 million Americans to fall behind on their payments. And… unfortunately, this will only worsen as electricity prices continue to rise in the years ahead. Also, new U.S. wind and solar power installations have fallen considerably in the first half of 2022…
If the market believes this Global Drought is a “One-Off Event,” they will be sadly mistaken. The infamous U.S. drought and Dust Bowl that occurred during the 1930s Depression, wasn’t a “One-Off Event.” Rather, there were four distinct droughts during the 1930s that negatively impacted the U.S. and global economy…
If you are worried that the 160 million barrels already released from the U.S. Strategic Oil Reserve are troubling, wait until you see how much more is forecasted to be removed in the coming months and years ahead. I was quite shocked when I saw how much more oil will be released in the next five years…
Don’t be fooled by this Bear Market Rally, as investors will get crushed over the next several quarters. While many believe this is a new Bull Market in stocks and commodities, Smart Money isn’t one of them. As the Dumb Money Sentiment moves to new highs, Smart Money Sentiment has fallen considerably. WATCH OUT… LOL…