So silver is back its pass through its long term resistance for the past 6 years 20 dollars and about 0. 50 has been a resistance it could not punch above that but it punched through that heading past 23. 00 it was like soaring and therefore the bull market is finally back on the confirming the gold bull market as well which never really you know hung out at the 1200. 00 level up and down 100. 00 from there for a few years as well but the gold bull market started about a year ago and now silver is confirming that so here you know you have this guy whos at the top credit strategist and so looking at the bond markets looking at on top of the bond markets bigger than the bond markets as the Derivatives Market and of course Deutsche Bank had i dont know how much of it has blown up with they certainly had the largest derivatives book in the world now passed by j. P. Morgan so i just want to show you this interesting chart its a visual. Capitalists chart all of the worlds money and markets a
Stunning admission i am a gold bug for money is a passing fad in the history of money so he said gold is definitely a free up money hedge hes buying gold and that money will be a passing fad in the long term history of money well yeah this it always has been a passing fad and theres always a return to gold the thing is that when you have money printers in charge the act of printing all that paper money to anger and dies themselves really fills their head with dreams of its fear supremacy thats the ultimate form of supremacy is i print therefore i am and if you can pull the levers of political power with your fear of money if you can acquire assets with your fear of money that gives you that god complex that we have so much of a around the world and countries and big corporations and now its all going to come crashing down silver prices on one day in the past week it went up 13 percent so silver is back its pass through its long term resistance for the past 6 years 20 dollars and about
A passing fad and theres always a return to gold the thing is that when you have money printers in charge the act of printing all that paper money to hang around guys themselves really fills their head with dreams of its fear of primacy thats the ultimate form of supremacy is i print therefore i am in if you can pull the levers of political power with your fear of money if you can acquire assets with your fear of money that gives you that god complex that we have so much of a around the world and countries and big corporations and now its all going to come crashing down silver prices on one day in the past week it went up 13 percent so silver is back its pass through its long term resistance for the past 6 years 20 dollars and about 0. 50 has been a resistance it could not punch above that but it punched through that heading past 23. 00 it was like soaring and therefore the bull market is finally back on the confirming the gold bull market as well which never really you know hung out a
We are satisfied. We have approved an ambitious plan appropriate for what we need right now. It will allow us to confront this crisis with strength and effectiveness. It is an historic moment for europe and italy. The vision we have been developing for months, and our determination to pursue it has been rewarded. Joined d in the ststudio byy our European Affairs ededitor. Wewe keep hearining the e word historic about this deal. It is his stork in the fact that there has never been joint eu borrowing on this scale. Members of money to states. You know Angela Merkel is not one for exaggeration, and she is calling it historic. Expressing traders their confidence in terms of the bond markets. The size of the fund is the norm us, but also this demonstration of solidarity and debt sharing. He was asked if he wanted to use the word historic. He said that is a term i would not use. He was very much isolated throughout the entire summit, Standing Firm against it, but obviously worn down at some
It didnt capture the full scope. To my first question in the buck which is apocalypse never, it is a very definitive statement that it implies certainty. I describe the Current Situation as landmines that are complex and largely unpredictable. Are you confident when you say apocalypse never . Guest well, thanks, andy. The argument is that Climate Change is real but its not the individual and it isnt the most serious environmental problem. In the extremism and exaggeration that the warnings of the pandemic were pricey and including coming from the coronavirus and hygiene and small farmers. So not to say that its impossible, but to say lets get our understanding of fixed rate. One of the most shocking things people dont know and i think this is where the news media deserves a lot of blame for this, as for the natural disasters over the last 100 years, they declined 80 to 90 over the last 40 years. There is no scenario in the report, and ive now written them all, for the number to reverse