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    World Gold Council: 2022 Outlook
Dec 7, 2021 - 13:02:39 PST
World Gold Council Global Head of Research Juan Carlos Artigas joins Jill Malandrino on Nasdaq Tradetalks to discuss why institutional investors are increasing gold allocation...
At present, risks are at, or close to, the highest levels in market history. For instance, the market capitalisation of all domestic US public and private equities is now at 280 per cent of gross domestic product, much higher than the previous peak of 190 per cent just before the collapse of the dotcom bubble. And household equity allocations are at an all-time high of 50 per cent.
...fattened up by months of shimmies in 2020 which however ended in early 2021, had run dangerously dry), in October the growth in consumer credit dropped notably, rising by just $16.9BN, missing expectations of a $25 billion increase, and down sharply from $27.8BN in September, well below the six-month average of $23.5 billion.
U.S. President Joe Biden told Russian President Vladimir Putin on Tuesday the West is concerned Russia will invade Ukraine and warned of "strong economic and other measures" as punishment should Moscow start a military conflict, the White House said.
Similar to August and September, the total debt has not increased due to the current debt ceiling in place. Similar to August, the Treasury has raided public retirement accounts to continue funding government spending (light green bar below). Even so, Covid has forever shifted the landscape of US Debt.
Corporate America bought back $3.4 billion worth of its own stock, twice the level from the previous week and reaching the highest measure since March, according to client activity compiled by Bank of America Corp.’s research team. While wealthy individuals and institutional investors also bought the dip, buybacks from companies accounted for almost half the total purchases by the bank’s clients.
Productivity is down and costs are up. There are are least 6 contributing factors.
    This 50 Year Chart Blows My Mind
Dec 7, 2021 - 11:41:20 PST
Will inflation ever show up in gold and silver? Will the latest global health alarm lead to more currency printing? And what is the 50 year chart that blows Mike Maloney’s mind? Join Mike in today’s video update to find out.
The value of negative-yielding euro-denominated government debt stood at around 6.19 trillion euros ($7.01 trillion) at the end of November, up from 4.9 trillion euros a month previously, the Tradeweb data showed on Wednesday.
House Democrats are tying the debt limit increase to legislation to avoid cuts next month in Medicare reimbursements, farm and other programs.
Unfortunately, Americans never see headlines in their newspapers about the deterioration in the stock market’s underpinnings. What they do see on a regular basis are headlines about the market setting a new high. This has the intended effect for Wall Street manipulators of sucking the little guy in at market tops as the smart guys “distribute” their inflated shares to the less informed.
It should also be noted that this is also occurring amidst a major divergence with other key global stock market indices (that have made new highs this year while the Hang Seng heads lower). The world stock markets may want to pay close attention to what happens at (2)! Stay tuned!
n simple terms, the signs are clear: another bloodbath is coming. The markets will soon be a sea of red again. And the losses will be staggering. And it’s just the beginning. It’s quite possible the markets are entering a prolonged BEAR MARKET… a time in which stocks lose 50% or more over the course of months.
Inflation vs. deflation – while headlines get filled with “inflation” concerns, historical data shows “deflation” remains a threat.
The World Inequality Report produced by a network of social scientists estimated that billionaires this year collectively own 3.5% of global household wealth, up from slightly above 2% at the start of the pandemic in early 2020.
We have an extraordinary opportunity to transform our unsustainable "waste is growth" economy and toxic inequality to sustainable systems that optimize well-being rather than collapse.
    Decentralized Finance Criticized by BIS
Dec 7, 2021 - 07:20:00 PST
It remains to be seen what the end result of these developments will be, but the review is a reminder that DeFi has a long way to go before its most radical aspirations to transform the financial system are realized.
    Why the Turkish Lira Is Falling Like a Rock: WSJ
Dec 7, 2021 - 07:02:42 PST
At the center of Turkey’s troubles are years of unorthodox economic policies championed by Turkish President Recep Tayyip Erdogan. Mr. Erdogan argues that higher interest rates stoke inflation and lower rates will cause inflation to ebb. This is the opposite of what economies around the world have experienced through history.
The federal government lacks any legitimate constitutional authority to establish welfare programs for the poor. Not only that, the federal welfare system fails in its promise to “help the poor” out of poverty.
Commodity strategists make the case that strong demand for commodities and healthy import and export data out of China may be helping to support buying in gold and other safe-haven assets, despite the factors that would typically serve as headwinds for prices.