Gold prices closed on Obama's inauguration day at $857.25 per ounce. Exactly 12 months later on January 20th, 2010, gold had risen to $1,111.05/oz for a gain of nearly 30% in the first year after Obama’s inauguration.
Mission 'accomplished' fear-mongers!! The most worrying issue in the US is terrorism. Isn’t that a hoot? How many in the US have died from terrorism? How much terrorism has the US sponsored in other nations, including its own drone policy?
Today, the only thing keeping a lid on financial calamity is epic amounts of artisanal money. Deregulating an inherently corrupt and coddled banking industry, already floating on said capital assistance, would inevitably cause another crisis during Trump’s first term.
We expect global monetary authorities to protect the dollar as long as they can and we expect them to fail. Stocks and bonds will react violently; stocks and weak credits falling, treasuries prices rising (at first). That failure will lead to hyperinflation – not driven by demand, but rather by central bank money printing. A new global monetary understanding will then emerge.
The Trump victory fits into this decadent scenario.Are we facing a true revolutionary who intends to rid forever global hegemonic aims, or is he simply a well-thought-out pause, created by the elites to revitalize the economy, arrest the internal discontent in the country, and rebuild the army to resume the march toward global hegemony in 2020?
Whatever the contours of Trump’s China/Asia foreign policy, Eurasian integration will proceed unabated. TPP – or NATO on trade, the Asian version - is just a scalp in a long and winding road. And on the South China Sea, dialogue is slowly edging out the confrontation fomented throughout the Obama administration.
Meanwhile, civil war – national and global – is now raw, everywhere; social Darwinism run amok. Trump launched an IPO over the White House. Now he’s the CEO. If – and that’s a mighty if – he manages to run it like a sound business, that’s bound to be a good deal not only for the US but to the whole planet.
We are facing an unprecedented breakthrough: a global change that potentially could definitively overwhelm the unipolar world order created after the fall of the Berlin Wall in 1989 and sent into overdrive by the 9/11 so-called War on Terror. The victory of Donald Trump is the most emblematic representation of a total repudiation by the American population of the so-called establishment and its interests.
"We know the narrative...Trump equals higher inflation, a tailwind for commodities and a headwind for bonds. We are 'Endgame Inflationistas', but declining US dollar liquidity threatens this narrative near-term."
Regardless who was chosen as president for the next two terms, 80% of the population growth in the US will come from 65+yr/olds. This is the inverse from Bill Clinton's presidency which was the benefactor of the strongest demographic and population changes. The Fed has been dropping rates ever since to incentivize the decelerating growth among the young to spend more... but the population growth to consume(r) our way out of this debt bubble is never coming.
The United States is not in danger. The Empire is. This is not good. Empires, the Soviet Union notwithstanding, seldom go quietly. Either Washington gambles on war of some sort against Russia, or Russia and China, in the desperate hope of reversing things, or the Empire gets slowly eaten. Or not so slowly. Once one country pries itself loose, many may rush for the door.
The narrative of a coming conflict between the East and the West has been boiling steadily as the U.S. election nears its end. Even the mainstream media is insinuating the potential for shots fired. Some believe the results of the election will determine the odds of war. There is a different position.It seems the rhetoric of East vs. West and nuclear exchange is being exploited as a distraction away from a different but almost equally catastrophic end game - the death of the U.S. dollar as the world reserve currency.