Sunday, September 18, 2016

Predicting is hard. So. let's do some.

1. The economy.


The economy has reached a new normal. The FED's toxic influence is felt internationally. We know that in order to keep things from unraveling, the FED is risking more and more. Other central banks are taking on even more risks.


The big question now is what the FED will do this coming week. I predict that they will continue as before. No rate hike. To put it quantitatively, the chances of a rate hike now is only 20%.


2. Precious metals.


My information is that the powers that be have decided to raise gold and silver prices in an orderly fashion. They will introduce periodic shakeouts to keep the average investor out of the info loop and profits. How high will gold go? Larry predicted gold topping out at $5,000. Since then others predict 7,000 to 10,000.


The rising price will get under way in earnest once the election is over. Too much paper money has been printed and the financial world can be saved only by including gold into currency and revalue the gold price.


3. The election.


Odds favor the wicked witch. The Media does not even pretend that it is neutral, let alone fair. We know that the Democrats will cheat even more than usual. There are two wild cards: 1. the on tube health of the WW and 2. whether Trump will accept a rigged election result.


4. The type of people who built this country (meaning kept the country prosperous and strong) are less and less. Newcomers have not a clue. The nation's universities are trying to destroy the country.

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