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Paul Ebeling — Owning Gold Make a Lot of Sense in Here

Summary:
If Modern Monetary Theory (MMT) were implemented, foreign exchange markets would have their say about it, that is if we still had floating exchange rates. FACT: No matter how much money the Fed prints, or what they do with their balance sheet, you cannot spend more money than you make. You can make up a shortfall with debt, but after a while, creditors will have had it with you. Governments have always found the temptation to borrow, overspend, and tamper with the value of their currency.  So, savvy investors take protective measures The way you protect yourself from plans to demolish every house and kill all the cows is is with Gold, miners and other hard assets. Got that? ?Bond vigilantes, again.Live Trading NewsOwning Gold Make a Lot of Sense in Here Paul Ebeling

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If Modern Monetary Theory (MMT) were implemented, foreign exchange markets would have their say about it, that is if we still had floating exchange rates.
FACT: No matter how much money the Fed prints, or what they do with their balance sheet, you cannot spend more money than you make.
You can make up a shortfall with debt, but after a while, creditors will have had it with you.
Governments have always found the temptation to borrow, overspend, and tamper with the value of their currency.
 So, savvy investors take protective measures
The way you protect yourself from plans to demolish every house and kill all the cows is is with Gold, miners and other hard assets.
Got that? ?

Bond vigilantes, again.

Live Trading News
Owning Gold Make a Lot of Sense in Here

Paul Ebeling
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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