Shell-Shocked Investors In Market Carnage + Frackers Burning Cash & Banksters Of England Take Hostages
Max and Stacy discuss the market carnage in 'crude, crypto and credit’ as 'nothing is working’ in any asset class at the moment. The only asset, in fact, staying quite boring is gold. They also look at Stacy's 'bumper sticker index' and how 'Medicare4All' could be an unexpectedly big thing in 2020. In the second half, Max interviews Egon von Greyerz of GoldSwitzerland.com about the Swiss National Bank dumping their Apple shares but maintaining their reckless euro position. They also discuss gold and where it is heading... literally.
Frackers Burning Cash
Max and Stacy discuss the ‘sweet spot’ for Russian oil producers as profits surge, while frackers in Texas continue to burn investors’ cash. In the second half, Max continues his interview with Egon von Greyerz of GoldSwitzerland.com about the credit cycle turning and what next for gold. And, if the gold rallies, what happens to precious metals? They also discuss Venezuela’s gold being held hostage by the Bank of England.
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