Tom Cloud begins his precious metals update with the implications of a March 15th Fed interest rate hike on the markets. Investors need to realize that as interest rates move higher, so will the interest payment on the debt, which is now approaching $20 trillion. Furthermore, Tom discusses the significance of a U.S. debt ceiling rise and its impact on the precious metals prices.
Another topic brought up during the update is the huge Stock Market Bubble. Tom explains how the current Dow Jones Index is now 29 times Earnings…. a valuation it has never reached before. At some point, the Dow Jones and broader stock indexes will sell off considerably. Many Investors moving out of the broader markets will likely rotate into precious metals and their mining shares.
Tom also discusses the upcoming Dutch and French elections and how this could really upset the European Union and its fiat currency, the EURO. Many Europeans are becoming disillusioned with the European Union and its disastrous immigration policies.
In addition Tom explains how President Elect Trump is asking for a $2 trillion increase in the debt to pay for finance infrastructure, military and VA benefit programs. If this $2 trillion debt increase is voted through, then it would push up U.S. debt even higher, thus increasing our annual interest on debt payments, which was $432 billion in 2016.
Lastly, if you haven’t checked out our new PRECIOUS METALS INVESTING section or our new LOWEST COST PRECIOUS METALS STORAGE page, I highly recommend you do.
IMPORTANT NOTE: If you are new to this site, you may want to check out our PRECIOUS METALS WEBINAR. There is a lot of good material discussed during that webinar… for free.
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Interesting developments, strong fundamentals, not much matters to price as long as the commercials can go ultra-short on the COMEX. Then some cooperating entites bomb the market for a mini-crash and close out some short positions. Many know the proces better than I do. But while the COMEX rules, nothing much will change.
“Tom explains how the current Dow Jones Index is now 29 times Earnings…. a valuation it has never reached before. At some point, the Dow Jones and broader stock indexes will sell off considerably.”
this expectation of a sell-off is based on the assumption that the dow jones is operating based on market forces. but with valuations at 29 times earnings it is clear that the dow is not operating based on market forces anymore, but rather is operating based on something else. so why is any sell-off expected?
“In addition Tom explains how President Elect Trump is asking for a $2 trillion increase in the debt to pay for finance infrastructure, military and VA benefit programs. If this $2 trillion debt increase is voted through, then it would push up U.S. debt even higher, thus increasing our annual interest on debt payments …”
recall that trump is not a politician or statesman, but a businessman very familiar with bankruptcy and debt write-offs.
“… but a businessman very familiar with bankruptcy and debt write-offs.”
Like a businessman, he probably knows the U.S. will default [in one way or the other] on its debt. Charge up that credit card before discharging the debt.
“Charge up that credit card before discharging the debt.”
yellen: we’re raising rates, you’ll have to pay us more interest.
trump: no.
Good Grief Steve? Why do you post Tom Cloud? He’s been wrong ever year since 2010 when I first heard him. He is a seller of silver. He talks about debt, stock market, 1.6 billion Muslims, India buying silver, China importing more silver for solar and nothing ever comes from anything he says. Soon, he’ll start on a collapse of the dollar or Trump raising the debt ceiling. Look at his record Steve. You would do a much better for readership if you post your research not some commissioned peddler’s speculations, especially Tom Cloud’s.
Yeah all this bunch of clowns are unable to grasp the capitalism evolution. The reset will be issue from a political move not a market one. any trouble in the market (in the next few years, not decades) can be offset by central bank intervention.
The BRICS are crumbling and the west is the leader as usual, so nothing here expected in the next few quarters.
Truth trumps confidence. That’s the reason I like Tom Cloud.