Don’t believe anything saying a rate hike is on the table in July. It’s not. The U.S. won’t see meaningfully higher rates for many years. The sooner you accept this, the sooner you can avoid financial ruin.
If Brits vote to leave the EU, the repercussions will leave behind damage and destruction … particularly in America, where the Brexit vote will plague the U.S. economy by way of the dollar.
Don’t believe the media, oil consumption is not declining — it’s rising. But oil exploration budgets have been cut, and a supply shortfall is looming on the horizon.
With interest rates in negative territory for much of the globe, and headed there in the U.S., it’s not enough to just own gold … you have to own the right kind of gold.
As the second largest member of the PIIGS pack, Spain was much reviled. But the country has rebounded despite anti-austerity bloviating. So much for Keynesian doomsaying …
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