Economist’s “News and Views” 10-11-2024
Forget $50 Silver, "$150 Is Appropriate": Mike Maloney's Bold Prediction
10-11-2024
Join Mike Maloney and Alan Hibbard as they dive deep into the ‘last great precious metals bull market’. Discover why Maloney believes silver is poised to break past $50 and soar to $150, driven by global economic factors and Russia’s strategic move to accumulate silver reserves.
They discuss the current silver chart patterns, why Mike believe’s this is the final bull market for gold & silver, the growing central bank interest in precious metals, and how the weaponization of the U.S. dollar is accelerating the decline of fiat currencies.
Don’t miss this urgent analysis as it's a must-watch for anyone looking to understand the future of silver and gold in a rapidly changing world.
Argentina's Decision Surprised the World: Will Argentina rejoin BRICS?
Fastepo: 10-11-2024
Argentine President Javier Milei's recent shift in his stance toward China highlights a practical adaptation in his political approach, potentially signaling implications for both his administration and the United States.
Surprisingly, this statement comes from Javier Milei, Argentina’s well-known anarcho-capitalist, and not from a typical supporter of communism.
Nearly a year into his presidency, Milei expressed unexpected appreciation for China in a recent TV interview with a local celebrity, noting his favorable impression of the country.
20% Of U.S. On Welfare; Household Bankruptcies Surging | Danielle DiMartino Booth
David Lin: 10-10-2024
Danielle DiMartino Booth, CEO of QI Research, discusses the state of the economy, outlook for monetary policy, and major risks to the markets today.
0:00 - Intro
0:50 - Geopolitical risks
2:45 - Reaction to Fed’s 50 bps cut
5:20 - Labor market cooling
10:31 - Foreign workers
11:33 - Bankruptcy cycle
12:50 - Fed monetary policy outlook
14:40 - Welfare
17:30 - Widening deficit
20:35 - Banks’ unrealized losses
22:30 - Declining liquidity
26:00 - Soft vs. Hard landings
28:30 - Stocks vs. Yields
31:00 - Homes and natural disasters
32:10 - Major risks and asset allocation