Highlights
Rob Kirby of Kirby Analytics sees extreme risks ahead for the financial markets via a shattered US accounting system and $21 trillion dollars (size of US National Debt) in missing government funds, possibly held by the exchange stabilization fund (plunge protection team). One likely use for the missing funds could involve the purchase of new US Bond issuance's, given that few foreign purchases of US debt are taking place. Ultimately the fiat money shell game will lead North American citizens to an unsavory financial-reset in similar fashion as Cyprus / Poland, where savers / investors found their purchasing power was halved, overnight. Our guest proposes the perfect financial panacea to avoid the next MF Global scenario but on an epic scale; precious metals investments. The precious metals may not remain at vastly discounted prices much longer, instead soaring to unfathomably high levels beyond the means of virtually everyone - carpe diem, aurum, seize the gold, today.
Figure 1.1. Worst Wildfire in CA History - 44 Fatalities and over 100 Missing - 300k Evacuated.
Note. Video provided courtesy of Youtube.com.
Figure 1.2. Mendelssohn Violin Concerto E Minor OP.64 (Full Length): Hillary Hahn & FRSO - Exceptional Performance!
Note. Video provided courtesy of Youtube.com.