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2018 Stock Market Bubble vs. Gold & Silver

The U.S. Stock Market is reaching its biggest bubble in history. When the price of the Dow Jones Index only moves in one direction… UP, it is setting up for one heck of a crash. While market corrections aren’t fun for investors’ portfolios, they are NECESSARY. However, it seems that corrections are no longer allowed to take place because if they did, then the tremendous leverage in the market might turn a normal correction into panic selling and a meltdown on the exchanges. So, we continue to see the Dow Jones Index hit new record highs, as it moved up […]

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Silver Antidote to Bubble Craziness

Silver times 1 trillion to total debt: ratio

CHARACTERISTICS OF BUBBLE CRAZINESS: U.S. stocks, according to many measures, are the most over-valued in history. We live in a Bubble Zone! Bitcoin and other cryptos are definitely in a bubble, but they could rise even higher. Bonds yield little, and in many European countries, less than zero. Central banks have created this distortion to the detriment of savers, insurance companies and pension funds. Real estate: Some locations, such as New Zealand, Canada and Australia are up a factor of 8 to 20 since 1980. Houses have become unaffordable for many, even with historically low interest rates. Silver and gold: […]

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Bitcoin Isn’t the Bubble It’s the Pin!

I wish I could take credit for that perfect description of Bitcoin, but I can’t. That goes to JP Research. This Bitcoin bubble will be the “pin” that bursts the more widespread bubble, just like the Nasdaq bubble burst the markets back in the early 2000s. I wrote about this twice last week, showing you how the Bitcoin bubble compares to the internet bubble, and how much Bitcoin could potentially lose when the burst happens. Then, last Friday, I took to Facebook with this video, elaborating more on the Bitcoin situation. I explain why Bitcoin could make one more new-high […]

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Looks Just Like the Late Stage Internet Bubble into 2000

Cycles reoccur throughout history, but they more rhyme than duplicate. Each bubble tends to get more extreme than the last one because there’s more wealth to chase it. Wealth is concentrated in the top 1% to 0.1% and grows exponentially (income does not). The greatest bubble of our lifetimes was the tech bubble in the Nasdaq from late 1994 into early 2000. That built over a period of five years – the typical time frame for most stock bubbles. This current bubble, from 2011 to present day is an anomaly. This Fed and global central bank bubble has been totally […]

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More Investors Sell Bitcoin for Gold/Silver; Michael Pento: Stock Market & Fixed Income Bubble

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear a truly explosive interview with Michael Pento of Pento Portfolio Strategies. Michael describes for us what may be coming in the bond and fixed income markets and the impact on the stock market and on gold prices in 2018. He also shares some of his very strong feelings about Bitcoin and the crypto-currencies. You absolutely must hear my conversation with Michael Pento, coming up after this week’s market update. On Thursday, Congress hastily passed a short-term funding bill that averts a government shutdown – but only […]

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Bitcoin Bubble: Is Bitcoin Going To $1 Million Or Is it Going To Zero?

The price of Bitcoin continues to rise at an exponential rate, and the financial world is in a complete state of shock.  Just yesterday, I marveled that the price of Bitcoin had surged past the $ 13,000 mark for the first time ever, but then on Thursday it actually was selling for more than $ 19,000 at one point.  As I write this, Bitcoin is sitting at $ 16,877.42, but a few hours from now it could be a couple of thousand dollars higher or lower than that.  Those that got in early on “the Bitcoin revolution” have made extraordinary […]

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The Debt Bubble Is Beginning To Leak Air

“The current state of credit card delinquency flows can be an early indicator of future trends and we will closely monitor the degree to which this uptick is predictive of further consumer distress.” – New York Fed official in reference to rising delinquency rate of credit cards. The recent sell-off in junk bonds likely reflects a growing uneasiness in the market with credit risk, where “credit risk” is defined as the probability that a borrower will be able to make debt payments. This past week SocGen’s macro strategist, Albert Edwards, issued a warning that the falling prices of junk bonds might be “the […]

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Buy Into An Asset Bubble Before It Becomes A Bubble

Let’s face it, the trillions of fiat currency printed by Central Banks globally, which has been compounded by an even greater amount of debt issuance derived from the printed currency, has fomented multiple assets bubbles of historic proportions. Bitcoin is a bubble. The FANG stocks plus Tesla, among dozens of other daytrader and hedge fund momentum darlings, are bubbles. Novo Resources, for now, is a bubble. Rather than buying into today’s bubble valuations, real money can be made anticipating the next asset bubble sector. Please note that I consider cryptocurrencies to be de facto fiat currency because they share many […]

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Gold, Bubbles, S&P 500, and Currency Wars

From John Rubino: “We’ll Look Back At This And Cringe” “Millions of people out there still bear the psychic scars of buying gold at $ 800/oz in 1980 or a tech stock at 1,000 times earnings in 1999 or a Miami condo for $ 1,000 per square foot in 2006. Today’s bubble will leave some similar marks. But where those previous bubbles were narrowly focused on a single asset class, this one is so broad-based that the hangover is likely to be epic in both scope and cumulative embarrassment.” BUBBLE? WHAT BUBBLE? WARS: CURRENCIES AND NUCLEAR From Timothy Alexander Guzman: […]

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THE U.S. STOCK MARKET: Highly Inflated Bubble To Super-Charged Tulip Mania

Investors need to be concerned that the U.S. Stock Market is well beyond bubble territory as it has now entered into the final stage of a Super-Charged Tulip Mania. Not only are stock prices inflated well above anything we have ever seen before, but valuations are also reaching heights that are totally unsustainable. Unfortunately, these highly inflated share prices and insane valuations seem normal to investors who are suffering from brain damage as years of mainstream propaganda have turned the soft tissue in their skulls to mush. Also, we are way beyond “Boiling Frogs” now. Yes, we passed that stage […]

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