Economists Thoughts on Markets, a Global Bust, Bail-Ins and more 12-15-2021
David Hunter: Rip-Roaring Final Leg to this Bull Market before Global Bust
Palisades Gold Radio: Dec 15, 2021
Tom welcomes back experienced investment professional David Hunter of Contrarian Macro Advisors.
Talking Points From This Episode
- Expecting a melt-up in the markets.
- Types of market manipulation.
- Predictions for the oil markets.
- Thoughts on the coming global bust.
- Fed policies and Chairman Powell.
- We are living outside our means.
- Concerns around bonds and utilities.
Time Stamp References:
0:00 - Introduction
0:45 - Market Thoughts
2:36 - Gold Expectations
4:45 - Manipulation/Spoofing
5:49 - Gold, Inflation & Rates
9:55 - PPI & Inflation Outlook
16:53 - Oil & Inflation
19:09 - Copper & Supercycle
22:46 - Dollar & Global Demand
28:07 - Currencies & Gold Backing
31:16 - Melt-Up Scenario
34:56 - Equities, Profits & Banks
38:01 - Global Bust Timeframes
39:50 - Noise & Indicators
45:51 - Psychology & Momentum
46:36 - Fed Chair Powell
53:07 - Concluding Thoughts
This is How Bank Bail-Ins Will Become the New Bailouts
Nomad Economist : Premiered 3 hours ago
A bail-in is when a bank recapitalizes itself by tapping its creditors, including depositors. Most people think of the money they deposit into the bank as a personal asset they own. But that’s not true.
Once a deposit is made at the bank, it’s no longer your property. It’s the bank’s. What you own is a promise from the bank to repay. It’s an unsecured liability. That’s a very different thing from owning physical cash stuffed under your mattress.
Money deposited into the bank technically makes you a creditor of the bank. You’re liable to get burned from a bail-in should the bank get into trouble .
People in Cyprus had to find this out the hard way in early 2013. People awoke on an otherwise normal Saturday morning to the shock that the money in their bank accounts had been taken by a bail-in to recapitalize the banks.