Find UFOs, The Apocalypse, New World Order, Political Analysis,
Alternative Health, Armageddon, Conspiracies, Prophecies,
Spirituality, Home Schooling, Home Mortgages and more, in:
Rumor Mill News Reading Room, Current Archive
Bill Holter: Comparing This Gold Bull Market to Those of the Past Is Invalid
We are 7-8 years into a monetary experiment that has never been done before. In previous bull markets we weren’t looking at the potential end of the financial system as we know it. When central banks monetize, they destroy the currency. This is happening all over the world.
With world debt at least twice 2008 levels we are witnessing the dawn of a new system, and have been close to a collapse twice this year already. We now have central banks that are actually purchasing stocks. The monetization of stock markets is a factor in preventing the collapse.
Central Banks have already printed the money, now it’s just a matter of when will the panic out of money and into real assets happen. Velocity is at it’s lowest ever, and once investors- or even the average public is afraid of holding currency and moves their currency into ‘stuff’, hyperinflation will begin.
When the stock market turns and control is lost, there may be a period of 1-4 weeks where gold goes down. After that we will see capital moving back into gold, and we should see a massive influx of capital into the mining shares which will take out the 2011 highs- perhaps by multiples.
RMN is an RA production.
The only pay your RMN moderators receive comes from ads.
If you're using an ad blocker, please consider putting RMN in your ad blocker's whitelist.
Serving Truth and Freedom
Worldwide since 1996
Politically Incorrect News
Stranger than Fiction
Usually True!
