Precious Metals News Blog Keep Updated
Fox Business: Biden, Pelosi, Schumer Push $1.9 Trillion Stimulus as Debt, Deficit Balloon to Eye-popping Amounts
The U.S. is set to borrow more money in the next 12 months than the previous 200+ years combined!
The Buffett Indicator stands at about 187.5%, up sharply from 175%! "The market is significantly overvalued according to the Buffett Indicator!"
Business Insider: 'Big Short' investor Michael Burry says the stock market is 'dancing on a knife's edge'!
"People say I didn't warn last time, I did, but no one listened. So I warn this time. And still, no one listens!"
S&P 500 is now the most expensive market index, trading at levels last seen during the dotcom bubble of the late 1990's!
I would not be the least bit surprised if silver shoots up to above $100 in such a quick fashion that will take the world's breath away!
The CBO anticipates that number will continue to grow. That total does not include the $1.9 trillion in relief spending that President Biden has proposed!
Forbes analyzed key metrics that flashed warning signs just before the market crashed in March 2000. Today bearish signals outweigh bullish ones!
Cheap money leading to excessive speculation contributed to the 1990s dotcom bubble, the 2000s housing bubble, and now the stonk bubble!
Based on a forecast that I made in June of a 35% decline in the value of the dollar by the end of 2021, we are only in the third inning of a nine-inning baseball game!
The IMF is flat out insinuating - and not so obliquely - that the dollar's days as king of the jungle are numbered, whether the U.S. likes it or not!