Monday , 4 November 2024

Lorimer Wilson

Eric Sprott: More Government Spending Is NOT the Answer to Our Economic Woes – Here’s Why (+2K Views)

In today’s overleveraged world, greater deficits and government spending, financed by an expansion of public debt and the monetary base (“the printing press”), are not the answer to our economic woes. In fact, these policies have been proven to have a negative impact on growth. [Therefore] as long as we continue down this path, the “solution” will continue to be the problem. There is no miracle cure to our current woes and recent proposals by central planners risk worsening the economic outlook for decades to come. [Let us explain.] Words: 1510

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Deutsche Bank: Further QE Might Actually Be BAD for Gold Prices! Here's Why

Gold bulls often argue that the yellow metal will only go up as long as central banks continue to employ easy monetary policy however this thesis has been around so long that it might not even work anymore. That's the gist of what Deutsche Bank suggests in their most recent outlook for precious metals prices. In a note to clients, they write:

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von Greyerz: More QE & Higher Gold Prices Virtually Guaranteed! Here's Why

"The U.S., with $15 trillion in debt, and roughly $1.5 trillion in tax revenues, is an enormous disaster waiting to happen. At 10% interest rates the U.S. would use 100% of its tax revenues to finance the debt....This is why money printing is guaranteed...and this time, like it has before, it will lead to a financial crash [which] will be of a worldwide magnitude.”

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Here's How to Invest – and Thrive – Should Nouriel Roubini's 'Perfect Storm' Engulf Us

Back in May of 2012 Nouriel Roubini (aka Dr. Doom) predicted that slowing growth in the United States, growing debt troubles in Europe, a slowdown in China, and intensifying political gridlock with Iran would come together to create a “Perfect Storm” for the world economy. Below we outline three ETFs that could thrive as global economic growth expectations deteriorate, keeping in mind that virtually no asset class will be safe if the “Perfect Storm” actually strikes. Words: 606

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