{"id":39542,"date":"2018-10-22T09:20:46","date_gmt":"2018-10-22T14:20:46","guid":{"rendered":"http:\/\/olduvai.ca\/?p=39542"},"modified":"2018-10-22T09:20:46","modified_gmt":"2018-10-22T14:20:46","slug":"end-of-the-financial-world","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=39542","title":{"rendered":"End Of The Financial World?"},"content":{"rendered":"<header>\n<h3 class=\"gc-News-article-title\"><a href=\"https:\/\/news.goldcore.com\/ie\/gold-blog\/end-of-the-world-direct-access-gold\/\">End Of The Financial World?<\/a><\/h3>\n<p><time class=\"gc-News-article-date\"><\/time>Predicting the end of the world, physical or financial, is seldom helpful.<\/header>\n<div class=\"gc-News-article-text gc-ArticleContent\">\n<p>If the prediction is correct, how do you profit from the insight? If the prediction is wrong and the \u201cend of the world\u201d is delayed (typical), you lose credibility.<\/p>\n<p><strong>An estimate of risk versus reward based on an analysis of current information is more useful.<\/strong><\/p>\n<p><strong>Assessment:<\/strong>\u00a0The 2018-2020 risk for most asset classes, such as stocks, bonds, corporate debt, and real estate is high while the potential reward in those asset classes is low. Gold and silver are opposite. Their long-term risk is low (September 2018) and their long-term potential reward is huge.<\/p>\n<p>From\u00a0<strong>Goldman Sachs:<\/strong><\/p>\n<p><img decoding=\"async\" class=\"i-amphtml-fill-content i-amphtml-replaced-content\" src=\"https:\/\/deviantinvestor.com\/wp-content\/uploads\/2018\/10\/word-image-5.jpeg\" sizes=\"(min-width: 500px) 500px, 100vw\" \/><\/p>\n<p><strong>OPINIONS AND FACTS SUPPORTING RISK\/REWARD ASSESSMENT:<\/strong><\/p>\n<p><strong>The central banks and the financial world created an \u201ceverything bubble.\u201d<\/strong>\u00a0This includes the stock market, bond market, housing, student loans, sub-prime auto loans, emerging markets, fiat currencies, and central bank credibility.<\/p>\n<p><strong>Low interest rates enable bubbles!<\/strong><\/p>\n<p><img decoding=\"async\" class=\"i-amphtml-fill-content i-amphtml-replaced-content\" src=\"https:\/\/deviantinvestor.com\/wp-content\/uploads\/2018\/10\/word-image-6.jpeg\" sizes=\"(min-width: 960px) 960px, 100vw\" \/><\/p>\n<p><img decoding=\"async\" class=\"i-amphtml-fill-content i-amphtml-replaced-content\" src=\"https:\/\/deviantinvestor.com\/wp-content\/uploads\/2018\/10\/word-image-1.png\" sizes=\"(min-width: 960px) 960px, 100vw\" \/><\/p>\n<p><strong>Bubbles always burst or implode.<\/strong>\u00a0People want to believe \u201cthis time is different,\u201d but it usually isn\u2019t. Bubbles will implode and cause huge damage, especially to the middle and lower classes in the United States. Remember the crashes of 1987, 2000 and 2008. Each one seemed more destructive and broader in its reach than the previous crash. What will the crash of 2018 \u2013 202? create?<\/p>\n<p><strong>If it can\u2019t continue, it will stop \u2013 someday.\u00a0<\/strong>Total debt \u2013 national, household, corporate, sovereign and more \u2013 has increased exponentially since 1913 when the Federal Reserve\u2026 you know the drill.<\/p>\n<div class=\"amp-wp-iframe-placeholder amp-hidden\"><\/div>\n<p><iframe class=\"i-amphtml-fill-content\" src=\"https:\/\/www.youtube.com\/embed\/_5wmqm5b2fU?start=1&amp;feature=oembed#amp=1\" name=\"amp_iframe0\" frameborder=\"0\" sandbox=\"allow-scripts allow-same-origin\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe>Use national debt for example. Begin the calculations in 1913, 1971, 1980, 2000 or whenever. The rate of increase in the official national debt varies but on average the debt increased by 8% to 9% every year and doubles every eight to nine years. Consider the implications of runaway debt, out of control spending, and no political will to manage spending, debt, or expansion of government, Medicare, military expenditures etc.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>End Of The Financial World? Predicting the end of the world, physical or financial, is seldom helpful. If the prediction is correct, how do you profit from the insight? If the prediction is wrong and the \u201cend of the world\u201d is delayed (typical), you lose credibility. An estimate of risk versus reward based on an [&hellip;]<\/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":[22512,124,195,22511,17853,303,1910,17349,8689,3650],"class_list":["post-39542","post","type-post","status-publish","format-standard","hentry","category-economics","tag-cedibility","tag-central-banks","tag-debt","tag-deviant-investor","tag-everything-bubble","tag-fed","tag-financial-world","tag-gary-christenson","tag-goldcore-com","tag-us-federal-reserve"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39542","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=39542"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39542\/revisions"}],"predecessor-version":[{"id":39543,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39542\/revisions\/39543"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}