Stay Focused On The Big Picture with Craig Hemke
- Kerry Lutz’s Financial Survival Network
With the election season winding down, it’s time to step away from the the decption, distortion and noise and figure out what’s really going on. What’s really driving things? The math is the math. What we’ve always called it is the end of the great Keynsian Experiment. Just servicing the debt can’t be maintained by the central banks. With everything going on we’re a runaway train heading down the track towards Deadman’s Curve. Does it really matter who’s president? Just the amount required to service the existing debt is over $1 trillion per year. The Fed is manipulating the markets as always. Powell to announce that he will keep rates down until 2023 at least. And now the Fed is looking at yield control, cap interest rates because they cannot have rates go higher. As a gold and silver investor you need to be buying the dips. If you’re still on the fence, wait till the yield control begins and then you’ll see. Downtrend since August. Just like last year. Nervousness about gold today due to what happened 4 years ago. Negative nominal interest rates are extremely positive for gold ownership. Last time it happened was in the 1970’s. And remember where gold went then? Interest on all debt is going parabolic. We don’t know what point it will break at, but it’s going break, of that we’re certain. It’s an absolute certainty. The solution is to keep buying bullion, mining stocks and get ready for the ride.
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