Central Bankers Are the Bull in the China Shop.
In this report, I cover the early market action from London on Tuesday, July 2nd, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.
Today I talk about an interesting evening I spent yesterday in the City of London as I was invited by an old colleague of mine to attend an investment seminar and networking event. It is always good to go back to the Belly of the Beast and see what is going on.
So the speakers were very interesting but I also got to talk to a few of the attendees and one theme that came out from my conversations was that the Smart Money so to speak is all out of the public markets or stock markets and that they are parking their money into private equity.
One of the speakers talked about all the risk for the markets and the economy and never mentioned Central banking monetary policy so at the end of his talk I asked him about Central Banking and its risks.
To find out a bit more about my visit to the City of London listen to my report above.
Use promo code maneco64 to get a 0.5% discount on gold and silver bullion purchases at https://www.goldinvestments.co.uk/
Support the channel:
maneco64 store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/user?u=3730528
BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
DASH: XhxxKD8YHjAdE3hYG7AuCw4EwUrCjZWqGK
BAT Currency: Uphold a/c name maneco
1993 Article about Julian Baring and $80 gold by 1980: https://www.independent.co.uk/news/business/baring-finds-the-midas-touch-fortune-is-finally-smiling-on-the-prophet-of-gold-richard-lander-2321054.html
▶️ DTube
BOJ buys GBP 54 million Japanese stocks to support the market every day this year! I expect Nikkei should break down hard in a few months when BOJ burned up.
I like it THE BELLY OF BEAST . Cheers mike
That’s a lot of cash in private equity’s .
You touched on someone told you at the meeting about investing in South Africa mining, I just read an article about the US trying to promote Africa in developing their economy and open better trade. Interesting