IF 2018 WAS LIKE 2008: Does 2019 Spell Trouble?
- ITM Trading Streamed live on Jan 17, 2019
Link to the Slides and Sources:https://www.itmtrading.com/blog/2018-…
Do you know what keeps central bankers up at night? Populism. When governments and central banks support corporate greed above public need, people lose trust in the government and confidence in the central bank and the financial system and a run ensues. Where will they run to? Traditionally, people fly to the safety of real money gold and silver, the only assets that I see as undervalued at this time, and that’s because it competes with fiat money. As JP Morgan said, “Gold is money, Everything else is credit.” That was true in 1912, when he said it and that’s true today.
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