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
Now in the meantime stay tuned coming up next its because im a full. Time kaiser this is the kaiser report fear money. Try over and over again throughout history going back to john laws hundreds of years ago and. As voltaire said the value of money always returns to its Intrinsic Value 0. I think we may be at once again an Inflection Point stacey where the fia let me experiment in paper tears its paper tears from here on out of course kaiser report has told you this for the past 10 years we have warned you about this you know j. P. Morgan himself one time at one point when he was alive back oh about 100 years ago he said gold is money all else is credit well Deutsche Banks head of credit. So he should know agrees with them Deutsche Bank top credit strategist makes 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 fee out money hedge hes buying gold and that money will be a passing fad in the long term history of money
A bitterly fought compromise at the u. N. More deaths reported in malis protests so the president s now promising big changes to the government. And parliamentary heckling of irans foreign minister provokes a stern warning from the Supreme Leader. Starting in the u. S. Where florida has recorded its biggest daily increase of covert 19 infections with more than 15000 cases reported on sunday florida really emerging as a hotspot for the virus now nearly 270000 cases reported with more than 4000 deaths many sets cities across the state have now reimposed locked down restrictions that were relaxed back in may lets have a quick check of the Johns Hopkins University Track oh you know this one it keeps a tally of cases not just across the world but in each American County and on this map the darker the shade of purple the more severe the outbreak so look down there along the east coast right the way down to florida in the panhandle the. And states high infection numbers up in chicago as well