In this report, I cover the early market action from London on Tuesday, May 21st, 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 go over some of the major geopolitical headlines and news that I have noticed are dominating the current mainstream agenda. The most significant topic, in my opinion, is the trade dispute or war going on between the United States government and the Chinese government.
I think that as the major economies of the world come to a grinding halt or even recession we will continue to see distractions on the geopolitical front as the powers-that-be need to find scapegoats for a failing monetary and economic system based on an insurmountable and unrepayable debt fiat currency debt mountain.
My conclusion is that the tensions between the U.S. and China are real but that one needs to take them with a pinch of salt and keep a very close eye on the Central Bankers and their shenanigans.
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