Gold/Silver Lift-off and Is The Chinese Central Bank Buying Stocks? John Rubino #4841
- FSN GoldandSilver
China total debt increased by $3 trillion in first half 2020, most ever by any country and twice what US did. Chinese equity market cap up $1 in the past two weeks. Connection? Is the Chinese Central Bank Buying Stocks? Goldman Sachs predicts 60% drop in S&P500 EPS in year ahead. Bannon says Wuhan scientists are defecting and talking about Chinese virus programs. Deblasio cancels all gatherings except BLM protests. NYPD retirement applications up 400%, city stops accepting them. Trump tells Minnesota to shove it, no disaster relief for your self-inflicted riots!