-- Published: Thursday, 3 January 2019 | Print  | Disqus 

Highlights

• Season 14 kicks off with part II of the discussion with Bob Hoye of Institutional Advisors, with stellar news for gold shares aficionado.
• "PM's stocks will go to the equivalent of $10,000 gold," in the nascent bull market advance.
• The dialogue includes the "citizen uprising" occurring throughout Europe and North America.
• The host underscores the timeless wisdom of Mohandas Ghandi, who promoted societal enhancement via nonviolent resistance.
• Economic history is replete with examples of cooperative trade that boosted the GDP of all nations involved despite sociopolitical differences.
• Each country concentrated on its own relative competitive edge via Ricardo's models to the overall benefit of humanity, the hallmark prosperity.
• Much of the recent prosperity was unknown merely 2-3 generations hence; society was devoid of antibiotics, AI, air travel, refrigeration, mobile phones.
• Once trade barriers are erected, Adam Smith's invisible hand is burdened by taxes, reducing economic benefits of trade.
• The Fed rate hiking cycle was clearly a key component of the equities zenith of 2018 and subsequent selloff.
• The most glaring contributing factor is arguably the trade war between the US and China, where policymakers have chosen to ignore the lessons of history.
• The Smoot-Hawley Tariff Act as well as the subsequent stock market collapse of nearly 90% and the Great Depression that followed.
• Will history rhyme resulting in the Great Depression II, eclipsing the deluge of the 2008 Great Recession?
• The increased market volatility and shift in CME FFF's contracts encourages investors to deploy defensive safe-haven investing methods.
• TIME article for Bitcoin naysayers.

• Putin signs anti-animal cruelty legislation.

Season 14 kicks off with part II of the discussion with Bob Hoye of Institutional Advisors, with stellar news for gold shares aficionado:"PM's stocks will go to the equivalent of $10,000 gold," in the nascent bull market advance. Plus the dialogue includes the "citizen uprising" occurring throughout Europe and North America. The host underscores the timeless wisdom of Mohandas Ghandi, who promoted societal enhancement via nonviolent resistance. Case in point, economic history is replete with examples of cooperative trade that boosted the GDP of all nations involved despite sociopolitical differences, as each country concentrated on its own relative competitive edge via Ricardo's models to the overall benefit of humanity, the hallmark of modern living standards. For instance much of the recent prosperity was unknown merely 2-3 generations hence; society was devoid of antibiotics, AI, air travel, refrigeration, mobile phones, laptops and even central heating / air conditioning. Conversely, once trade barriers are erected, Adam Smith's invisible hand is burdened by taxes, reducing economic benefits of trade and the incentives to proactively share innovative technologies. For instance, while the Fed rate hiking cycle was clearly a key component of the equities zenith of 2018 and subsequent selloff, the most glaring contributing factor is arguably the trade war between the US and China, where policymakers have chosen to ignore the lessons of history, chiefly the Smoot-Hawley Tariff Act as well as the subsequent stock market collapse of nearly 90% and the Great Depression that followed. Will history rhyme resulting in the Great Depression II, eclipsing the deluge of the 2008 Great Recession? The increased market volatility and shift in CME FFF's contracts encourages investors to deploy defensive safe-haven investing methods.

TIME article for Bitcoin naysayers

Putin signs anti-animal cruelty legislation.

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 -- Published: Thursday, 3 January 2019 | E-Mail  | Print  | Source: GoldSeek.com

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