The ECB’s “mea culpa”

Economists, conservative investors and market observers have been issuing stern warnings for years regarding the severe impact of the current monetary policy direction. The problems In a recent statement, ECB Vice President Luis de Guindos warned of potential side effects and risks to the economy resulting directly from the central bank’s policies. He outlined how …

The Evolution Of The Bank Run

There are numerous and wide-ranging reasons why someone may choose to invest in physical precious metals. A deep understanding of monetary history provides plenty of solid arguments, and so do the mounting geopolitical risks, the spiking probability of a recession and the long-term goal of many conservative investors to safeguard their financial self-determination. For me, …

“We don’t have to behead the king if we can just ignore him” – Claudio Grass

“Negative interest rates are unsustainable and once investors decide to stop paying for the privilege of holding government debt, a banking crisis could result, says James Grant.”

Returning SBTV guest, Claudio Grass, speaks with us about the unsustainable pensions, crumbling fiat currencies and a looming financial crisis in a world of insane central bank monetary policies.

Discussed in this interview:

01:31 A looming global recession ahead?

06:47 Money printing by central banks at its limits

08:18 Governments and central banks are out of control

11:14 Pensions are not sustainable especially with negative interest rates

15:46 No bright future for the dollar and euro

24:03 Lack of gold backing: Cause of economic woes

26:58 Digital world can offer freedom away from centralization

28:50 Prioritize hard assets to protect wealth

 

QE by any other name

“The essence of the interventionist policy is to take from one group to give to another. It is confiscation and distribution. “ – Ludwig von Mises, Human Action   In less than a year, we have witnessed an unprecedented monetary policy rollercoaster by the Federal Reserve, which began with a momentous U-turn in the central …