“All Hell Is Going To Break Loose”
Peter Schiff: “Our entire way of life has been built on the privilege of issuing the world’s reserve currency. And when the dollar loses that status, all hell is going to break loose here in the US.”
ECB Balance Sheet Expanding Again
ECB Balance Sheet Expanding Again
Holger Zschaepitz: “ECB balance sheet resumes uptrend. Rose by €6.9bn as QE reinvestments > QE redemptions. Now at €4,684.4bn, just shy of a fresh high, and equal to 40.4% of Eurozone GDP vs Fed’s 18.1% and Bank of Japan’s 102.2%. (See chart below).
ECB Balance Sheet Expanding Again
Silver Breakout:
Lawrence McDonald, Former Head of Macro Strategy Society Generale: “Silver making its move on gold, copper, and nickel as well. Capital is flying into reflation bets, Mr. Powell has his hands full. (See chart below).
Capital Flying Into Reflation Bets As Silver Breaks Out:
Silver May Be Set To Skyrocket
Peitro Di Tora, Analyst & Global Macro Investment Strategist: “Silver keeps following fractal from sharp move up 1970-73. History always repeats itself. True silver bull market classic signals supporting the breakout:
1) Silver miners start to outperform and push Silver up.
2) Silver strongly outperforming Gold and USD on the move up.
- Source, King World News, Read More Here
