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Tag Archives: Ray Dalio

I Believe Gold and Silver Are Just Getting Started

The U.S. Mint made an unusual request this week. In a press release dated July 23, the bureau literally begged Americans to start putting coins back into circulation by spending or depositing them. As you may have noticed, people just aren’t making transactions with coinage like they used to. That’s especially the case now in the age of the coronavirus. With many people sheltering-in-place, billions of dollars in everyday purchases are being made online that in normal times would have...

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Ray Dalio Suggests USA Is Entering A Period Of Decline And New World Order

We find it interesting how researchers attempt to compare history, sometimes ancient history, to the applicable functions of today’s world and to attempt to translate the decline of empires in the past to what is happening in today’s world.  Ray Dalio appears to be suggesting the rise of the Chinese economy and economic capabilities is going to threaten to unseat the US as a world super-power. Within Ray Dalio’s article, he suggests the following which seems to sum up his cycle theory: “In...

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Cash Is Trash

Earlier this year, Ray Dalio quipped that “cash is trash.” During a recent Reddit “ask me anything” session, Dalio doubled down, warning that the rush into the US dollar is a mistake.Why?Because the Federal Reserve has fired up the printing press and is pumping out cash at a dizzying pace.Dalio is the founder and CEO of  Bridgewater Associates, the world’s largest hedge fund. Keep in mind, Dalio doesn’t share our economic point of view here at SchiffGold. He is a classic Keynesian who has...

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All Heck Breaks Loose!

A Pfennig For Your Thoughts March 30, 2020 * Currencies finish the week on a high note!* Chuck tries to make heads or tails of what’s going on… Good Day… And a Marvelous Monday to you! Well, after visiting the Port St. Lucie Wound Center on Thursday, and seeing that the graph they had put on my leg wound, had taken, and they were happy as a lark about it, but then learned that they were shutting down the center, and I would have no where to go from there, I decided to rent a car and drive...

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The Dollar Bugs Keep Kicking Sand In The Faces of Currencies and Metals

A Pfennig For Your Thoughts March 17, 2020 * The Coronavirus has basically shut down the Chinese economy!* Another engineered price takedown of Gold yesterday… Good Day… And a Tom Terrific Tuesday to you! And a Top o’ the mornin’ to ya, as it’s St. Patrick’s Day! I was talked down from the ledge yesterday, but I’m still of the opinion that the National Guard is going to have to mobilized in order to keep us in our houses to stop the spread of this disease. I’m down in S. Florida, and have the...

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Feeling Like It’s 1999 All Over Again…

A Pfennig For Your Thoughts January 23, 2020 * Currencies and metals have little movement on Wednesday* Ray Dalio, Paul Tudor Jones, and Jan Nieuwenhuijs talk to us today! Good Day… And a Tub Thumpin’ Thursday to you! I’m headed north 50 minutes from here after I get this out the door, to the wound center. My Billikens played an awful game last night at Davidson, a team they should have beaten by 10. Old Man Winter is now gone from down here… 3 days at we’re back to sun and near 80 today… I...

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A ‘Paradigm Shift’ Akin to the 1930s With Gold Diversification

Of course I have believed this with all my heart, soul and mind for many years. Many of us gold bugs have been way ahead of our time and missed an opportunity to grab easy money be looking too far ahead. But now, I FEAR Dalio is right and our time has come. Not a good thing. But it is what it is.   This whole idea of pushing interest rates way below the collective “Time Preference” of the markets is the tipping point for currency destruction. I have no doubt that we are nearing that point in...

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Black Hole In Global Banking Is Being Exposed

Almost a decade ago, the global financial crisis of 2008-09 exposed billions of people to the risks within the global financial/banking sector.  With all this money flowing around the globe and with banks able to facilitate greater and more diverse risk/derivatives investments, the central banks and insurance companies are left with an incredible “black hole” of exposed risk that is almost impossible to quantify.  When we add the shadow/gray market banking risks into this equation and begin...

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Peter Schiff: Capitalism Isn’t the Problem Here

How are all of these unprofitable companies staying afloat and even making big splashes with media-hyped IPOs?Peter Schiff addressed this question, along with the supposed “failure” of capitalism in his most recent podcast.The rideshare company Lyft had its lowest close since going public yesterday (April 9). In fact, the company has only closed above its IPO price twice – the day it went public and last Friday. This probably shouldn’t shock anybody, given that the...

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Liberal Democracy and Its Reinventors

Reinventing “liberal democracy” seems a rather popular activity these days. There is a widespread presumption that voters are globally rejecting globalisation and freer markets. Most explanations of the rise of so-called “populism” tend to understand it as a homogeneous phenomenon all through the West, and thus the result of homogenous demands on the part of voters. “Liberal democracy” (or liberalism, or capitalism, all words that in this context are used as a...

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