Will Brexit And Coronavirus End The EU?

By Alasdair Macleod – Re-Blogged From Gold Eagle

The EU and euro face a sudden deterioration in economic conditions due to the coronavirus, which seems certain to widen the differences between Germany and the spendthrift Mediterranean members. But a more immediate problem is the increasing likelihood that the ECB will lose control over financial asset prices, particularly those of government bonds.

In the short-term, it seems likely the euro will rise against the dollar as currency and financial distortions, principally in the fx swap market, are unwound. However, the eurozone faces a developing financial crisis comprised of the following elements: a collapse in economic activity, escalating payment failures, a drastic contraction of bank credit and a collapse in bond prices, as well as the medium used to buy them (the euro).

Eventually, Germany is could go it alone by introducing a gold-backed mark, which will only happen after the European Project is finally abandoned.

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Deflation Continues As The Driving Force In The Stock Market

By Mark Lundeen – Re-Blogged From Gold Eagle

Publishing Note:  I’m taking three weeks off for Christmas and New Year’s, and then a week for myself. Unless something huge happens in the coming month, expect my next article to be out the weekend of 19&20 January.

Mr Bear has begun clawing back inflated market valuations in the stock market.  The Dow Jones has deflated by over 6% since last Friday’s close; everyone can see Mr Bear’s handy work in the BEV chart below.

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Is Stockman Right? Is This The Big One?

By Andrew Hoffman – Re-Blogged From http://www.Silver-Phoenix500.com

(September 26, 2016) It’s early Monday morning, on what could not only be a historically bad week for global financial markets, but the “beginning of the end” of the manipulated worldwide perception that “everything’s OK.”  Most of the world’s 7.4 billion denizens know this already, having watched their savings, currencies, standards of living, and political and/or social stability decline substantially since the 2008 financial crisis.  Which also goes for the majority of Westerners, I might add.  However, Western “intervention operatives” – like the PPT, ESF, Fed, and gold Cartel – have been more successful at manipulating markets to defer such perception.  Moreover, having the world’s reserve currency enables the inflationary hell the vast majority are experiencing; and in some cases, like Venezuela, hyperinflation; to be temporarily averted, in lieu of a more gradual, “frog-in-a-pot” type syndrome.  This is why gold, in the “average currency,” is trading at, near, or in many cases well above previous all-time highs.  Which of course the “evil Troika” of Washington, Wall Street, and the MSM won’t dare discussing, in their cumulative desperation to have you believe the PPT-supported, “record-high” Dow Jones Propaganda Average is indicative of a stability that simply does not exist.

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Japan’s New Framework Of Hyperinflationary Failure

By Andrew Hoffman – Re-Blogged From http://www.Silver-Phoenix500.com

Am I allowed to start with Deutsche Bank?  Or do I have to defer to the Bank of Japan’s Keystone Kops; who once again laid a giant goose egg?  Who, beyond a shadow of a doubt, proved they have not a clue what they are doing – in dramatically accelerating the pace at which the “Land of the Setting Sun” plunges to “second world” status, en route to becoming the first “Western Power” to experience 21st Century hyperinflation.

Hmmm, what to do?  As sadly, I could easily write entire articles on countless other topics as well – such as the Bank of International Settlements issuing a dire warning about the massively over leveraged Chinese banking sector; Donald Trump’s surging popularity; Wells Fargo’s “crime of a lifetime”; the exploding worldwide pension crisis;  OPEC’s Secretary General all but confirming “no deal” at next week’s “all-important” crude oil producers meeting; and the U.S. national debt – and budget deficit – expanding at the fastest rate since the 2008-09 financial crisis.  And the answer is, I’m starting with Deutsche Bank – as unquestionably, it poses the greatest near-term risk to global political, economic, social, and monetary stability.

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