Global debts have risen, according to the latest official information from the Institute of International Finance, to 280,000 billion dollars, which is 370% of world GDP.
My results show that the global debts are three times higher.
A big reset is a big scam.
A big reset represents health, environmental and technological dictatorship.
Congress approved emergency interventions of 1,900 billion dollars, but 3,000 billion dollars were promised.
Biden is asking for family assistance to be increased from $ 600 to $ 2,000 per household member. That’s $ 600 billion a month, or $ 7,200 billion a year.
Biden is asking for the minimum hourly rate to be increased to $ 15.
Where did so much money come from?
The Fed is injecting new amounts of counterfeit dollars.
Last week, a record number of people 960,000 sought unemployment benefits.
Before the pandemic crisis, 200,000 unemployed people asked for help every week.
According to the latest research, 61% of Americans or 200 million people cannot pay the extraordinary cost of $ 1,000.
Inflated stock indexes are stable.
DJ – 31,024
DAX – 13,895
S&P 500 – 3,800
Twitter, due to blocking Trump, lost $ 5 billion by falling stocks, while Facebook lost $ 34.4 billion.
According to the forecasts, there will be a collapse of stock exchanges and the largest relocation of property in the history of mankind until 2025.
Speculators manage to bring down the price of gold in one day.
It has now stopped falling to $ 1,845.
There is no need to panic, all the data indicate that gold is cheap and that the price must jump.
The huge money supply that enters the system, the growth of debts, the growth of prices, and negative interest rates must push the price of gold higher.
The average annual growth rate of gold in the period from 2000 to 2020 is 10%.
MKS PAMP GROUP forecasts that gold will reach an average of $ 2,072 in 2021.
Silver follows the price of gold, but by the end of the year, silver will grow faster than gold.
Forecasts are that silver will reach an average of $ 32.50 in 2021.
The dollar strengthened throughout the week – 1.2130.
The reason for the strengthening is the statement of the new Minister of Finance that it will not support the policy of a weak dollar, but that the market should determine the exchange rate.
But the problem is that counterfeit dollars are constantly being injected into the financial system and the agony continues.
The US Treasury Department – Office of the Comptroller of the Currency has issued a letter authorizing national banks and savings banks to engage in blockchain transactions.
Stable at $ 55.43 / barrel.
Final results for 2020, GDP growth – 2.3%