Phoenix Capital Research's blog
The media trashes Gold all the time... but they never explain why.
A clear pattern has emerged that resulted in big profits for smart investors in 2015.
If even 0.1% of this money is “at risk” it would wipe out 10% of the big banks equity. If 1% were “at risk” it would wipe out ALL of the big banks’ equity.
And if you believe the defaults will be isolated to Energy companies, you’re mistaken.
Over 76% of the time, this resulted in stocks losing at least 20%.
The underlying economic ugliness that triggered the August and January meltdowns emerges once again.
The last time this hit was June 2008 right before the Crash. Before that it was March 2001 during the Tech Crash.
One by one the buyers stop buying... what comes next?
The “recovery” is over. The US economy is heading into, if not already IN a recession.
We could easily fall to 1,600 if not lower in the coming weeks.
Cracks are beginning to emerge in the Big Lie.
The Fed cannot create growth... so it is opting to increase inflation. Why? The bond bubble.
For seven years now we’ve been told the US is in a recovery. However, if this were the case, the Fed would have started raising rates years ago (likely in 2012). No other recovery on record saw the Fed maintaining ZIRP for so long.
Could a cash ban and carry tax be coming to the US?
The ECB is effectively out of viable options. The global banking crisis is back.