Here is David Stockman’s chart of the day and it spells big trouble for the United States.
David Stockman
May 18 (King World News) – The following comment and chart is from David Stockman:
Chart Of The Day: Uncle Sam’s Free Money Drying Up Fast
ALERT:
To see the symbol for the only gold explorer in the world with no debt and a massive treasury that has seen insiders buy more than 3 million shares in the open market
in the past few months CLICK HERE OR BELOW
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Someone responded to David Stockman by saying: “In the meantime…” and presented the following chart of silver holdings, including JP Morgan’s massive hoard.
The Bottom Line
King World News note: It is important to remember that the 7-year cyclical bull market in the US dollar has ended. The 7-year cyclical bear market is barely one year old and it will take the US dollar much lower before the bear market ends. This will be extremely bullish for gold and silver as well as the high-quality companies that mine the metals as the dollar continues to weaken after its most recent countertrend rally.
***Also Just Released ALERT: Stunning Look At The War In The Gold Market CLICK HERE.
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