Commodity Trade Mantra

Posts Tagged ‘Excessive Debt’

The Facts About Gold and Gold Speculations

Excessive debt is deflationary. Central banks can’t tolerate deflation so inflation is their game. They will print more & more. Global debt (official), not counting unfunded liabilities, exceeds $200 Trillion. It will increase but probably will not be paid. More debt means more currency in circulation, currencies are devalued, and gold becomes more expensive.

The Four Pillars of Poverty - Marc Faber

The increase in poverty rests on four pillars: Cultural & social factors, educational issues, excessive debt & government handouts, which encourage people not to work. Other factors: International competition – keeps wages down; Monetary policies – create bubbles & impoverish the majority.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook