Chares Nenner, Greg Hunter, Bix Weir and More Tuesday 1-28-2020
Charles Nenner - If System Breaks Down Gold will be $60,000 per oz
Greg Hunter: Jan 27, 2020
Renowned geopolitical and financial cycle expert Charles Nenner still stands by his prediction that “gold will go to $2,500 per ounce” in the next few years.
Nenner explains, “Cycles show me that gold and silver will be going up for a couple of years. . . . I take profits in a short term top, but people say that Mr. Nenner says the long term top is $2,500.
So, I am in for the long term. The problem is it can go to $1,890 and then suddenly to $1,470, and they get afraid and sell out and no more long term investment. . . . If you are strong enough, let it go to $2,500, but never get weak even if it goes down. Be a long term investor. . . .$2,500 gold could take three years.”
How much higher could gold go in the longer term? Nenner says, “I made the calculation that if the system breaks down and we have to go back to the gold standard, then gold would be around $60,000 per ounce. Who knows what’s going to happen.”
Coronavirus: Could It Trigger An Economic Collapse? YES! (Here's Why)
George Gammon: Jan 27, 2020
Are YOU worried about the coronavirus? If so, THIS VIDEO IS FOR YOU!
The coronavirus is the newest potential black swan event of 2020. An already fragile economy could come crashing down if the coronavirus gets out of hand so you need to understand all the systemic risk involved.
Now is the time to be prepared for any type of black swan event, especially a potential pandemic like the coronavirus.
Would we see inflation? Deflation? Interest rates go negative? QE4? Gold and silver skyrocket, or an out right economic collapse?
If you're interested in the future of the global economy this is for you! In this coronavirus market reaction video I'll discuss the following:
1. The current black swan systemic risks in the system.
2. How the coronavirus plays into the big picture.
3. How there could be contagion risk in the repo market from the coronavirus fear.
Bix Weir
Jamie Dimon Gets Raise to $31.5M...REALLY?!
RoadToRoota: Jan 28, 2020
News today that JPM bonuses are "flat" flies in the face of their supreme leader, Jamie Dimon, getting a pay raise up to $31.5M...for doing WHAT?!