{"id":29817,"date":"2018-01-17T10:59:18","date_gmt":"2018-01-17T15:59:18","guid":{"rendered":"http:\/\/olduvai.ca\/?p=29817"},"modified":"2018-01-17T10:59:18","modified_gmt":"2018-01-17T15:59:18","slug":"gold-and-silver-bullion-are-only-safe-investments-left-stockman","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=29817","title":{"rendered":"Gold and Silver Bullion Are Only \u201cSafe Investments Left\u201d \u2013 Stockman"},"content":{"rendered":"
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Gold and Silver Bullion Are Only \u201cSafe Investments Left\u201d \u2013 Stockman<\/a><\/h3>\n<\/header>\n
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Gold and Silver Bullion Are Only \u201cSafe Investments Left\u201d \u2013 Stockman<\/strong><\/p>\n

\u2013 Gold is the \u201cultimate and only real money\u201d \u2013 Former Reagan White House Budget Director David Stockman\u00a0<\/strong>
\n\u2013 Trump tax cuts will lead to a \u2018fiscal calamity of biblical proportions\u2019
\n\u2013<\/strong>\u00a0China downgrades U.S.\u00a0over political \u2018deficiencies\u2019<\/strong>
\n\u2013 Expect a \u2018huge reset in the bond market\u2019 and a \u2018massive drop in household wealth\u2019<\/strong>
\n\u2013 \u2018People will flee the stock and bond markets in favour of gold and silver
\n\u2013 Time to buy (gold and silver bullion) is ideal
\n<\/strong>\u2013\u00a0\u201cOnly safe asset left is gold\u201d<\/strong><\/p>\n

\"\"<\/a><\/p>\n

\u2018There is nowhere to go from here\u2019 are the words that ring in your ears after listening to a recent interview on USA Watchdog<\/a>\u00a0with former Reagan White House Budget Director David Stockman.<\/p>\n

This might seem a depressing perspective to take but what Stockman is referring to is the fiscal and financial crisis that is on its way. The final straw of which is Trump\u2019s massive tax cuts and the huge costs therein. It will contribute to a \u2018thundering collision\u2019 in the \u2018bond market\u2019 and the impending collapse of the third financial bubble in the last 17 years- arguably the largest bubble in world history.<\/p>\n

For investors there is still somewhere to go, believes Stockman, and that is into gold and silver bullion:<\/p>\n

\u2018If you have $10,000 to put in a safe place, put it into gold and silver not in the Wall St. stock and bond market,\u2019 advises Stockman.<\/em><\/strong><\/p>\n

\u201cFiscal calamity of biblical proportions\u201d<\/strong><\/p>\n

These quotes are taken from an interview Stockman gave at the end of December, on the very day the US Senate approved drastic changes to the US tax code.<\/p>\n

Whilst Stockman has believed for some time that the gig is up when it comes to the current state of play, he expresses his concerns that the decision to implement major tax cuts will be the icing on the cake.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Gold and Silver Bullion Are Only \u201cSafe Investments Left\u201d \u2013 Stockman Gold and Silver Bullion Are Only \u201cSafe Investments Left\u201d \u2013 Stockman \u2013 Gold is the \u201cultimate and only real money\u201d \u2013 Former Reagan White House Budget Director David Stockman\u00a0 \u2013 Trump tax cuts will lead to a \u2018fiscal calamity of biblical proportions\u2019 \u2013\u00a0China downgrades […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[2120,374,5613,647,730,860],"class_list":["post-29817","post","type-post","status-publish","format-standard","hentry","category-economics","tag-david-stockman","tag-gold","tag-goldcore","tag-precious-metals","tag-silver","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29817"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29817\/revisions"}],"predecessor-version":[{"id":29818,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29817\/revisions\/29818"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}