Greg Hunter of USAWatchdog.com gives his analysis of the week’s top stories in the Weekly News Wrap-Up.
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Greg Hunter of USAWatchdog.com gives his analysis of the week’s top stories in the Weekly News Wrap-Up.
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Steve St. Angelo tells Silver Doctors that silver has the best set up he’s seen in years.
Net commercial silver short positions are extremely low.
St. Angelo sees a stock market crash ahead. The Dow could fall 50 percent or more in the next year.
If only one percent of the market goes into gold and silver, they could jump five-fold.
Real estate is also overvalued, he says. U.S. shale oil production will collapse. This will bring down the economy, and real estate prices. Median home prices are above their 2007 peak. Over the next ten years, he predicts a 90 percent reduction in home prices.
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Gold expert Andrew Maguire says, “We are very close to a price reset (in gold and silver). What is a price reset? It is no more than settling . . . close to a trillion dollars of derivatives that are underwater and unable to be delivered. It is going to be a simple paper market reset. I suggest it will likely happen on a Friday . . . and there will be a known default and a price adjustment for Monday morning. . . . You will be into a bid only market. There would not be any offers to sell gold. . . . I am not going to guess on a price. . . .I know of two investor groups that are buying physical gold because they know there is going to be a physical price reset.”
In closing, Maguire says, “The jig’s up for the American dollar. Obviously, it’s not going to be overnight, but it is happening. Gold has to appreciate in this environment. We all know that the paper markets (for gold) have leverage of 500 to 1. We actually think it is much closer to 1,000 to 1 when you account for all the derivatives.”
Join Greg Hunter of USAWatchdog.com as he interviews gold expert Andrew Maguire with Kinesis CEO Tom Coughlin.
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“There are now numerous triggers to a monetary reset and fiat devaluation in place that could send bullion to infinity in terms of price,” California Libertarian Senate Candidate Derrick Michael Reid tells Silver Doctors.
The U.S., China, and Russia are emerging as strong nationalistic forces. Reid says each country is preparing for a fiat currency meltdown. China and Russia has been accumulating gold. And Reid believes the U.S. has the gold it says it has. Also, Reid sees Trump teaming up with China and Russia to take down the global bankers.
Reid says the monetary rest will wipe out all people’s savings. How can people prepare? He suggests investing in physical gold or silver.
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UPDATE: After being delayed 12+ hours on Spirit flight 184 and two days of talking to Spirit representatives, Spirit Airlines they gave me in total:
– refund of me the cost of the ticket
– $200 in vouchers for future airfare
– $150 reimbursement toward compensating my family member for his trouble of having to pick me up, stay at his place overnight, and drop me back off at the airport.
– $14 in food vouchers
– large seat on the flight.
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There is a new report by the Inspector General on the DOJ. It is 1.2 million pages (this is not a typo). Congress has copies, and it outlines and proves fraud and criminal activity at the FBI and Department of Justice. It will likely be the foundation that sends many in high office in both departments to jail for their crimes. Radio host Dave Janda says, “You have to understand what the Inspector General’s report is all about. The Inspector General’s report is about the restoration of the rule of law in our country that has been missing for decades. This is why they are so petrified of that report. All these players–low, middle and high–took over the system to the point where the rules of justice could be directed toward their opponents and be blinded to their criminal activity. What scares the living daylights out of this syndicate is the restoration of the rule of law. . . . When there is a full restoration of the rule of law, I believe this is what blows this system apart–this globalist syndicate system.”
Janda also says, “Right now, the good guys are 70% to 80% in control.”
Join Greg Hunter as he talks to Dr. Dave Janda in depth from the Operation Freedom radio show.
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Precious metals expert David Morgan tells Silver Doctors: “The stock market has peaked, and the gold market is starting the next leg up.”
In this week’s SD Metals & Markets:
– The Federal Reserve raised interest rates by a quarter percent, leading to the Dow and S&P500 breaking their trend line supports. Internet and social media stocks continue to lead the technology sector lower.
– Precious metals market has started its next leg up, Morgan says, with gold leading.
– Morgan also comments on the latest trade issues with China. It’s only going to get worse from here, he says. “This is just the beginning.”
By purchasing gold, China and Russia are well prepared for a currency reset, says co-host Eric Dubin.
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Precious metals expert David Morgan tells Silver Doctors: “The stock market has peaked, and the gold market is starting the next leg up.”
In this week’s SD Metals & Markets:
– The Federal Reserve raised interest rates by a quarter percent, leading to the Dow and S&P500 breaking their trend line supports. Internet and social media stocks continue to lead the technology sector lower.
– Precious metals market has started its next leg up, Morgan says, with gold leading.
– Morgan also comments on the latest trade war with China. It’s only going to get worse from here, he says. “This is just the beginning.”
By purchasing gold, China and Russia are well prepared for a currency reset, says co-host Eric Dubin.
View on YouTube