Below is a link to six videos that analyze the global debt problem. A good review of our monetary system and the current/impending problems. Do YOU agree with the analysis? Your thoughts welcome.
Santiago Capital: What Massive Debt Means…. http://play.pointacross.com/Player.aspx?gmid=866sfb2zve21
Gold Stock Update from Myrmikan Capital.
Myrmikan’s error in 2011 was an underappreciation of the forces the central banks brought to bear to reverse the credit collapse. Quantitative Easing was the least of the tools: it was the trillions of dollars of guarantees and the suspension of market-tomarket accounting that allowed the banks to puff the bubble even larger. And, there may remain policies that can lead into another round of even greater insanity, which would weigh on gold. Former Chairman Ben Bernanke, for example, recently traveled to Japan to educate them on “helicopter money.” According to Bloomberg, Bernanke suggested the government issue non-marketable, perpetual bonds with no maturity date and that the Bank of Japan directly buy them.
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