Gold prices subdued on firmer dollar; Fed meeting in focus
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All eyes on Fed as stock market pines for rate cut
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Goldman skeptical of ‘insurance’ U.S. rate cuts from Fed
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Silver prices at 26-year low in relation to gold, should investors buy?
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Above $9.3K: Bitcoin’s Price Prints 13-Month High
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Saudi crown prince blames Iran for tanker attacks
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GoldSeek Radio – June 14, 2019 [HARRY S DENT Jr & PETER SCHIFF] weekly
Interview Recap – Part II with Peter Schiff, head of SchiffGold, Euro Pacific Capital includes key insights on the financial markets. – The Echo Great Recession could be more intense than the 2008 meltdown. – Corporate bonds defaults could trigger an unstoppable financial crisis. Unlike a the last financial debacle. – This time the fallout could be systemic leaving unwary investors with few places to hide especially institutions. – Peter Schiff is concerned about the debt / leverage in the residential housing market as seen in the echo housing bubble. – Given the national Case/Shiller S&P Housing index; caveat emptor notes Peter Schiff. – His chief concern remains the systemic risk in the US dollar and related paper assets. – The ideal panacea remains gold / silver and related shares as well as non-US investments as safe havens. – The host remains bullish on the long-term aspects of the cryptocurrency market. – Peter Schiff encourages investors to book profits in the sector and redirect funds to the PMs. – Just as Venezuela issued a crypto backed by the national oil supply, Peter Schiff agrees with Chris Waltzek, the cryptocurrency has tangible as well as digital value to the betterment of global society, such as a rare painting. – Harry S. Dent Jr. outlines his financial market analysis and forecasts including US equities. – The NASDAQ could soar to 10,000 and the Dow Jones Industrials to 33,000 assuming a US / China trade deal. – The Federal Reserve Chairman Jerome Powell stunned investors last week with new forward guidance on rates. – The FFF reflect a possible rate cut as soon as next month, almost 5 months earlier than anticipated. – The EU’s central bank chief economic Minster, Mario Draghi noting that he would do “Whatever it takes…” to protect the EU financial markets. – Economists interpreted the comments to mean policymakers will print any amount of Euros necessary to maintain the status quo. – Harry Dent expresses concern that the traditional US stock market bubble cycle could repeat. – The resulting bear market sending key share indexes lower by 70-89%. – New Homes Starts have slowed but not yet declined, suggestive of sustained momentum for the time being. – Despite the rhetoric of an echo housing bubble, the lower rate cycle could revive demand sending prices skyward. – $17 trillion in toxic debt remains on the balance sheets of central banks and major money center banking institutions. – Our guest expects economic collapse and runaway inflation, making gold and related PMs investments absolutely essential. – The duo both support the idea of holding a modicum core position in a broad basket of cryptocurrencies as a shield. – Key takeaway: Harry S. Dent Jr. is bracing for what his models suggest could be an abrupt and unanticipated US financial market correction where unwary investors lose 42% in value with little time to react. The post GoldSeek Radio – June 14, 2019 [HARRY S DENT Jr & PETER SCHIFF] weekly appeared first on Gold Review .
31% drop in U.S. corporate tax revenues, almost twice the decline official forecasters predicted
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Global stocks edge lower on data, oil rises on geopolitical fears
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GSR interviews PETER SCHIFF – June 11, 2019 Nugget
Highlights – Part II with Peter Schiff, head of SchiffGold, Euro Pacific Capital includes key insights on the financial markets. – The Echo Great Recession could be more intense than the 2008 meltdown. Corporate bonds defaults could trigger an unstoppable financial crisis. Unlike a the last financial debacle. – This time the fallout could be systemic leaving unwary investors with few places to hide especially institutions. – Peter Schiff is concerned about the debt / leverage in the residential housing market as seen in the echo housing bubble. – Given the national Case/Shiller S&P Housing index; caveat emptor notes Peter Schiff. – His chief concern remains the systemic risk in the US dollar and related paper assets. – The ideal panacea remains gold / silver and related shares as well as non-US investments as safe havens. – The host remains bullish on the long-term aspects of the cryptocurrency market. – Peter Schiff encourages investors to book profits in the sector and redirect funds to the PMs. -Just as Venezuela issued a crypto backed by the national oil supply, Peter Schiff agrees with Chris Waltzek, the cryptocurrency has tangible as well as digital value to the betterment of global society, such as a rare painting. The post GSR interviews PETER SCHIFF – June 11, 2019 Nugget appeared first on Gold Review .