In The News Today

Posted at 12:50 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

 Please read this from Alasdair Macleod, he is correct.

Protection From A Currency Collapse

While markets seem becalmed, financial conditions are rapidly deteriorating. Last week Jamie Dimon of JPMorgan Chase gave the clearest of signals that bank credit is beginning to contract. Russia has consolidated its rouble, which has now become the strongest currency by far. The Fed announced the previous week that its balance sheet is in negative equity. And there’s mounting evidence that we have a nascent crack-up boom.