GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Thursday, November 20, 2014

Plunging Oil Prices-Unexpected Black Swan -- Danielle Park

Danielle Park--Plunging Oil Prices-Unexpected Black Swan





Danielle Park stopped by for our bi-weekly chat. She believes that the long awaited Black Swan arrived in the form of plunging energy and commodity prices. Rather than hyper-inflation, we're seeing deflationary commodity prices. While this trend will be awful for the US Government, banks and employers, it's not entirely bleak. Consumers will see their purchasing power increase, if they still have jobs that is. Emerging economies such as China are in for rough times and the illusion of prosperity that has been so convincing for so long will be shattered.

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