In this report, I cover the early market action from London on Monday, June 3rd, 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 the importance of having some precious metals to protect one's savings versus the debasement of our present day irredeemable national currencies. One important point that I note is that our monetary and governmental authorities will try to keep the current Fiat or Debt Based Ponzi system going for as long as possible.
Unfortunately, the only tool Central Bankers believe in is more money or inflation. Historically the precious metals have been and in my opinion, will continue to be the best protection against fiat money inflation or currency debasement.
My conclusion is that as we fast approach the next downturn and another massive round of inflation it is more important than ever to have some kind of gold and silver insurance.
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: XgCTCWb
BAT Currency: Uphold a/c name maneco
