GOLD will be above $2500.00 by October 2020

Discussion in 'Economics & Trade' started by Quadhole, Jul 4, 2019.

  1. Quadhole

    Quadhole Well-Known Member

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    1.FED is going to cut rate.
    2. FED is going to Print new money thru puppet Mnuchin and their deep collusion with Wallstreet using our very Own American Treasury.
    3. Trump just announced he wants to devalue the dollar. 1 year ago he said a strong dollar was good. Now he is blaming Europe and China, thus pushing blame on them.
    4. Europe just started using "Five world powers and Iran agree to set up legal entity to circumvent US sanctions after Trump pullout from 2015 deal."
    Called INSTEX [Instrument in Support of Trade Exchanges] Not sure if this works or not. it is trumps fault for removing us from the deal.
    5. China and Russia also just agreed last week to a currency swap. They will be skirting the SWIFT system. They dissed the Dollar. Once again, another way that rump has dissed our country and others for attention.
    6. The FED stop QT which is a big big problem. We can now never take rates back to 6% - 10% when need to adjust the economy. This also means that the GOVT, FED, big banks, and investment banks will continue to use free newly printed money that they will get for free to prop up the market.

    All of this is a dissaster for the working class american. Inflation will head to 10% vs the now 5%, and the FED/Govt tell you it is only 1%. If it were 1-2% like they tell you. Your electric bill would be 60%, shoes 20$, Grocery cart full of food would be 100$, not 300$. The Govt the FED (banksters) now lie to you thru the govt (politicians) who know what is happening but will not let this debacle fail on their watch.

    At some point things get so bad that even a fake DOW jones, Nasdaq does not matter. This will happen some time next year at the latest. 2020 will be horrible. I dont know how anyone would want to be POTUS ! Maybe even they dont understand the REAL ECONOMY and how dollars work. As in all history, you cant just print more dollars and expect it to work, never has, never will.
     

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