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Why the Next Large Market

 Correction will Cause Record Gold 

Demand

Precious metals investors should be prepared that the next large market correction will likely cause record gold demand with much higher prices.  Once the Great Hyped Trump Rally runs its course and the lousy fundamentals are allowed to kick in, the broader stock markets are going to experience one hell of a correction. 

This means the broader stock markets, being held up by a lot of HOT AIR, are being primed for one MOTHER of a crash.  If investors flocked into Gold ETF’s during Q1 2016 on a mere 11% Dow Jones correction, what is it going to be like when we finally experience a GUT WRENCHING CORRECTION?

Biggest EU Banks Embark on the Mother of All Debt Binges

Spain’s three biggest banks, Banco Santander, BBVA and Caixa Bank, have got off to a flying start this year having issued €8.6 billion in new debt, seven times the amount they sold during the same period of last year. The last time they rolled out so much debt so quickly was in 2007, the year that Spain’s spectacular real estate bubble reached its climactic peak.

Europe Eyes Sweeping Cash Ban: Are Gold & Silver Next?

The global war on cash continues. The cabal of bankers seeking more transaction fees, busybody political leaders, and central bankers who want to experiment with negative interest rates recently threw India into turmoil by eliminating the two largest denomination bank notes.

Now they are preparing a similar assault on Europeans’ ability to transact privately and without giving bankers a cut. European Union officials just published a "Proposal for an EU Initiative on Restriction on Payments in Cash

Predictably, the restrictions are being sold to citizens as a means of fighting terrorism - much like a host of other privacy and liberty-destroying power grabs in recent decades. This despite a telling admission contained in the proposal: "There remains the lack of readily available and solid evidence on legitimate versus illegitimate cash transactions." Ban the use of cash first, ask questions later.

Officials may, however, come to regret the timing of their proposal. Many European citizens will have trouble reconciling why leaders are willing to clamp down severely on cash, but not on the flood of refugees pouring in from the Middle East. Can they really be serious about terrorism?

DYI