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 show for you today to lets go and dive right into. The krona virus pandemic has infected more than 3500000. 00 people globally and reached a death toll of nearly 250000. 00 while the rate its slowing more European Countries are lifting restrictions on their reopening their economies italy cautiously lifted some restrictions while others remain in place spain reported its lowest number of cases in 2 months and marked a 6 week record low of 164 deaths and 24 hours south korea plans to gradually reopen schools starting next week as social distancing measures were relaxed while other countries continue to see a surge in cases the death toll is expected to overtake italys as of sunday the u. K. Saw 28446 this is just. Behind italys 20884. 00 japans Prime Minister shinzo ave announced it would extend its walk down until may 31st. To you to let you know when that has not reached the explosive. Infections as an older countries and some positive results are beginning to appear such as the 50
How many does it take to stop a raging bull a bull that produced the best month for the stock market in 33 years . I think we might have found out today. Looks like 30 million. Yep, just as we learned that we had the best rally since january of 1987, an admittedly inauspicious year, 1. 2 is the slowest pace this month. We also got incredibly bad news. Jobless claims bring it to 30 million over the past six weeks. No wonder the dow tumbled 288 points, nasdaq shed. 28 today this was an explosive situation. The market was overbought. We have again another Great Depression with the unemployment number that is not confidence inspiring for me i dont know about you when we saw a great labor market before the pandemic, id still be concerned after the run from the bottom stocks had gotten too hot. Were now at plus 7. 2 , the s p range oscillator, the one i swear by it fell to bottom 20 anything above plus 5 is overbought 7. 2 reading makes me concerned which is why weve been selling, selling, s
We go to work. Straight home. This is the one business show you cant afford to miss. In washington coming up Global Markets take a dip on tension between the United States and china well get the latest insight from dean of the miami her Business School john quelch on capitol hill round up on the pressure on amazon c. E. O. Jeff bezos amid a possible criminal antitrust investigation and local Food Supply Chains are under stress especially when it comes to reproduction well tell you what countries and workers may be most affected we have a packed show for you today so lets go and dive right in. The krona virus pandemic has infected more than 3500000 people globally and reached a death toll of nearly 250000 while the rate is slowing more European Countries are lifting restrictions on their reopening their economies italy cautiously lifted some restrictions while others remain in place spain reported its lowest number of cases in 2 months and marked a 6 week record low of 164 deaths and 24