If you look at the magnitude of the asset bubble that’s been inflating, the everything bubble, and then posit that any recession or pullback is going to be on the same order of magnitude as the bubble, this could get really bad. We could get into a really horrific drawdown in the markets. But even worse for everyday people. Our guest this week is Mark Jeftovic. Join your host Dennis Tubbergen as he gets Mark’s forecast for the recession, commodities, and Bitcoin in the months ahead on Retirement Lifestyle Advocates Radio.
Mark E. Jeftovic Mark is a 30-year veteran of the Internet, the co-founder & CEO of easyDNS Technologies, a Toronto-based web services company, and the author of two books about the internet; Unassailable: Protect Yourself from Cancel-Culture, and Deplatform Attacks, and other Online Disasters. Additionally, Jeftovic authors the blog site bombthrower.com and The CryptoCapitalist Newsletter.
While inflation of the current magnitude hasn’t been seen since the late 1970s and early 1980s, we’re not likely to see the type of response from the Fed, vis-à-vis Volker raising interest rates to 20%. This week’s guest on Retirement Lifestyle Advocates radio is Simon Popple, who points out that central banks around the world have created tremendous amounts of currency with interest rates of 1 percent or less. Just raising the rates to 2 percent equates to a 100 percent increase in the cost of serving that debt. Listen in as your host Dennis Tubbergen talks with Mr. Popple about inflation and its effects on the commodities markets.
Mr. Simon Popple is the author of the Brookville Capital Intelligence Report. Mr. Popple started a newsletter with MoneyWeek called Metals & Miners and when they were acquired, he set up Gold Speculator with Jim Rickards. During this time, he was a featured speaker at MoneyWeek and Mines & Money conferences. Mr. Popple has also done numerous interviews with IGTV on the gold market.
We’re in a hyperinflation. The Fed is overreacting. Supply is not increasing. The government’s economic policies are not aimed at increasing supplies. Instead, their goal is to tame inflation by destroying wealth, and thereby dampening demand. Our guest this week on Retirement Lifestyle Advocates radio is technical analyst, Dr. Robert McHugh. Your host Dennis Tubbergen talks with Dr. McHugh about what the indicators are telling us and gets his forecast for the coming months. It’s an enlightening conversation you don’t want to miss.
Robert McHugh, Ph.D. is President and Chief Executive Officer of Main Line Investors, Inc., and the proprietor of the Technical Indicator Index. He has testified before the U.S. Congress on Federal Reserve matters and is the author of “The Coming Economic Ice Age, Five Critical Steps to Survive and Prosper”.