At the moment there is this sharp contrast between the economic data and stock price levels on the Bloomberg screens and the images and discussions on TV
“One of the key bubbles is fiat currency, and one clear anti-bubble in this system is gold. It’s a case of when, not if, they will reprice significantly higher."
Senior editor Ash Bennington joins managing editor Roger Hirst to discuss the latest developments in markets and macro. Bennington and Hirst consider the…
If Fiat Currency Debasement is not handled in an effective way, the dark cloud of social dis-cohesion and Marxism will lift its ugly head. Once you understand that, all the events of today start to fall into place.
...just like Humpty Dumpty, the system has already had a big fall. But the world still believes that this is all a fairytale with a happy ending. No one wants to recognise that Humpty is totally broken and irreparable.
"As the number of confirmed cases has spiked in communities across the country recently, so too have the number and types of face covering mandates being implemented."
The Bank of Canada did not surprise markets moments ago when it kept its target for the overnight rate at the effective lower bound of 0.25% as expected.
