04.29.2020 - By Physical Gold Fund Podcasts
Topics Include:
*Covid-19 Stay-At-Home update
*US Unemployment Claims have exceeded 26m over the last 5 weeks
*Why a "V" shaped economic recovery is unlikely
*The first crash (wave down) in equity prices has been the most violent in many years
*If this economic crisis were a baseball game, we would still be in the first inning
*Current equity market rally is likely a "suckers rally"
*Patterns from the last Great Depression include: Destruction of businesses in the middle of the supply chain
*End user prices to rise
*First order producers to fail
*Farmers go bankrupt, lose farms
*Rise and Fall of Empires
*US empire in Decline
*China empire on the rise
*During decline of empires other rising nations test the declining empires strength
*US Warships ordered to open fire on any Iranian vessel coming close to US Vessels
*Why we are on the path to the next worlds reserve currency
*How the coming negotiations for the next currency system will be done by sovereigns, and whoever has the largest stockpiles of physical gold will have the greatest negotiating leverage
*Why central banks shifted from net sales to net buys of physical gold
*How the physical reality of physical markets versus futures markets can diverge during crisis
*How the problem in the oil complex is the opposite of the gold complex - there is not enough storage space for oil, while delivery of gold has been constrained
*Scenario where gold could go no-offer, forcing gap ups in price
*US Energy independance, barring government subsidy, is dependant on an oil price above $35/bbl