The silver market just had a major breakout busting above a decade long resistance line. The gold market is also poised to remain in bull mode, plus a look at some other surprises.

Gold Should Now Remain In Bullish Mode
December 21 (King World News) –
Fred Hickey:  [Yesterday’s] action pushed gold above $1,800 & its 200-day average (again)- making it increasingly likely gold will stay above that level and cause deeply underinvested Western institutions to rebuild gold positions. Since beginning of December have seen some inflows into gold ETFs and futures…


ALERT:
Billionaire and mining legend Ross Beaty, Chairman of Pan American Silver, just spoke about what he expects to see in the gold and silver markets and also shared one of his top stock picks in the mining sector CLICK HERE OR ON THE IMAGE BELOW TO HEAR BEATY’S INTERVIEW.


Silver’s Historic 10-Year Breakout
Otavio Costa:
  Silver-to-equities ratio now breaking out from an over decade-long resistance.

Excessive yield curve inversions leads to good times ahead for precious metals vs. overall stocks.

This is a very early trend.

Silver Just Broke Out Above Decade Long Resistance!

Consumer Debt Is Skyrocketing
Gregory Mannarino, writing for Gerald Celente’s TrendsJournal:
  Consumer debt, household debt, and personal debt are skyrocketing. The average person here in the US and around the world is dangerously overleveraged, and yet, they continue to borrow even more.

Credit card debt is exploding as people are struggling just to make ends meet with no end in sight. Loan defaults across the board are picking up, and according to TransUnion, they will continue to accelerate.

Today 63 percent of US households are currently living paycheck to paycheck with ZERO savings and yet, they continue to borrow even more. 

Banks are in trouble? No, YOU are!…


To Find Out Which Uranium Company Is Positioning Itself To Become A Powerhouse In Nevada Click Here Or On The Image Below.


NO DEPOSITS, NO LOANS, AND NO DEALS
Bank liquidity is literally drying up as the savings rate is now in the negative. New viable loans, that is loans which will be paid back, are few and far between as former members of the middle class are defaulting on their debt at an accelerated pace.

Meanwhile, the rich and well off are now using cash to purchase big ticket items like real estate and automobiles as interest rates rise. The current environment for the banks is not good, and that should scare you. Why? Because these institutions will not be allowed to fail, and bail-ins/bailouts will again, at some point in the future, become a reality.

Inflation Continues to Rise
Despite the current actions of the Federal Reserve, Swiss National Bank, European Central Bank, and the Bank of England, all of which just raised rates fifty basis points, inflation continues to rise. Therefore, the currencies which they lend to the world (the bills in your pockets/bank accounts are not yours. They are owned by the issuing central bank, and owed back to the issuing central bank, plus interest which they create out of thin air), continues to lose more of its purchasing power. 

Ever Expanding Money Supply
The fact is this: without the continual expansion of the global money supply the entire financial system would lock up. Every central bank issued note, in whatever form it exists, represents a unit of debt which must be paid back to the issuing central bank plus interest created from nothing. The overall effect of an expanding money supply is inflation meanwhile, central banks via the mainstream propaganda ministries, continue to sell the lie that by raising rates at some time in the future inflation will drop. 

The Silence is Deafening
If any central bank actually wanted to stop/control inflation, all it would have to do is contract the money supply by requiring financial institutions to increase their capital reserves.

To date, not a single mainstream financial channel has uttered a word on this, nor a single politician, nor a central banker—and you won’t hear anything EVER on contracting the money supply. Why? The goal of every central bank is to continue to inflate. A central bank’s ability to issue debt IS THEIR SINGLE SOURCE OF POWER! Which also means it’s their Achilles Heel. 

You want to end central banking? It’s easy. Prevent them from issuing ONE SINGLE DOLLAR of more debt. The nanosecond a central bank is stopped from issuing more debt, as the currency itself is debt, the entire central banking system ends, and we win.

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