Tue, 6 September 2016
Ned says there may be a shortage of soybeans this time next year. The world is eating too many of them. There's a limited number of places where you can grow them. There are two bands one in the Northern Hemisphere and one in the Southern Hemisphere where they can be grown. And of course on September 30, 2016 the IMF will be including China's currency in the SDR, Special Drawing Rights. China is already selling SDR backed bonds. Is this the end of the Dollar's reserve currency status? Perhaps the beginning of the end.
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Tue, 6 September 2016
As the world's workers come back from summer vacation, the world that greets them is a complete mess. The US service sector, the one bright spot of the US economy is showing major weakness. The Fed is in seeming disarray. The election is going into full chaos mode with Hillary's health issues taking center stage. How will save us? Answer, no one. In God and gold we trust!
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