6. You can see from the chart above that despite the hiccup in 2008-
2009, the central planners are determined to continue inflating the
GLOBAL PONZI DEBT SCHEME.
7. Where does this leave America and really the rest of the Western
world whose data will mirror the US?
8. If the chart below looks INCREASINGLY EXPONENTIAL, that is not a
coincidence.
9. China’s total debt has
quadrupled from $7
trillion in 2007 to $28
trillion in the middle of
last year…
10. … and Japan’s debt-to-gross domestic product (GDP) ratio reached an
eye-popping 230% last year.
12. The global economy is
stalling, not withstanding
the massive monetary
“stimulus” that has been
thrown at it by the central
banks.
13. As the old adage goes “you get what you pay for” and when the
world is offering ‘money’ for free, one can only surmise its worth is
also close to zero…
14. The War Against Deflation
”I’ve said all along that the Fed will not tolerate deflation,
and that it will do whatever it takes to keep the US economy
from deflating. On this basis I do not expect the Fed to raise
rates this year or next, and it would not surprise me to see
the Fed bring in QE4 or something like it.”
-- Richard Russell
26. Global inventories will pile up further and demand will not cut
into the surplus until late 2016 at the earliest.
27. Any realization that the Middle East is suddenly a far more violent
powder keg – one which may promptly include the Saudis in any
confrontation – could result in an epic short squeeze.
33. Gold and silver are safe havens within
periods of economic uncertainty. As
you know a global financial crash
creates economic uncertainty. It is time
to GET OUT OF PAPER AND INTO
TANGIBLE ASSETS.
42. In contrast to fiat currencies, gold supply has grown by only 1.6%
per year. This clearly underscores its relative scarcity!
43. Follow us @researchvaf and @researchvas on Twitter
You can also see more of my writings at
nicoomer.blog.kontan.co.id
You can find all our presentations at
slideshare.net/valburyasia
THANK YOU