September 4, 2019<\/p>\n\n\n\n
With the price of gold surging above $1,550 and silver getting ready to assault $20, could we really see $1,000 silver? Also, history is being made, China\u2019s banking system is leveraged nearly 50-1, plus look at what just hit the highest level in 40 years.<\/strong><\/p>\n\n\n\n Greenspan & Gold<\/strong><\/p>\n\n\n\n September 4 \u2013 Peter Schiff: \u201cAlan Greenspan said people are buying gold because they want to own something that will still have value 20 or 30 years in the future. This means Greenspan likely believes that long-terms Treasuries and U.S. dollars will not have much value 20 or 30 years from now. He\u2019s right!\u201d<\/strong><\/p>\n\n\n\n History Is Being Made<\/strong><\/p>\n\n\n\n Holger Zschaepitz: \u201cHistory is made on the bond markets: The 2020s will begin with the lowest interest rates in 5000 years, BofAML says. (See below).<\/strong><\/p>\n\n\n\n 2020 Will Kickoff With The Lowest Interest Rates In 5,000 Years<\/strong><\/p>\n\n\n\n China\u2019s Banking System Leveraged Nearly 50-1<\/strong><\/p>\n\n\n\n Lawrence McDonald, Former Head of Macro Strategy Societe Generale: \u201cA five-year-old can tell you, China is financing US deficits, an absurd perspective. Their banking system is $40T is size, levered nearly 50-1, China desperately needs US pensions, ETFs, mutual funds to buy their stocks and bonds. *American households hold over $100T of wealth.\u201d\u2026<\/strong><\/p>\n\n\n\n Another Contrarian Indicator<\/strong><\/p>\n\n\n\n Otavio Costa: \u201cAnother contrarian indicator at its highest level in 40 years! Consumer confidence-to-sentiment ratio at a cyclical high? Happened prior to every recession. Now spiking after sentiment had its worst monthly drop in 7 years. Stocks never looked so toppy. (See below).<\/strong><\/p>\n\n\n\n Consumer Confidence Just Hit The Highest Level In 40 Years!<\/strong><\/p>\n\n\n\n 10 Years Later\u2026<\/strong><\/p>\n\n\n\n