(Recorded on 07/27/21) Topics covered on this video coaching call In this special video training, trading coach Jerry Robinson provides his latest update on cryptocurrencies in his long-term portfolio. Included in this video: – Rumors that Amazon will accept...
YELLEN STAYS THE COURSE
Next Market Crash Looms as Yellen Promises to ‘Stay the Course’
Yesterday morning, new Fed Chairwoman Janet Yellen delivered her first prepared remarks as Fed Chief before the House Financial Services Committee. You can read the entire testimony here, but here are just a few quick takeaways.
WHAT JERRY THINKS: So, Ms. Yellen is “moderately” optimistic about the state of the U.S. economy, but believes we are not out of the woods yet. This is the same line that the Fed has been feeding us since this economic disaster first began unfold several years back. Yellen is a “dove” and will not hesitate to ratchet up the printing presses at a moment’s notice if she feels this “recovery” is in danger of being exposed for the fraud that it is. Both the U.S. and the global economies are in a perilous state. Debt levels remain at unsustainable highs while margin debt on the U.S. stock market is sitting at an all-time high. The U.S. labor market is in dire shape as clearly seen in the last two dismal jobs reports. We all know that the Fed can continue to prop up the markets… but for how long? The next market crash is looming. Check out this chart comparing current U.S. stock market behavior with the lead-up to the Crash of 1929.
We are in very dangerous territory at current levels. All of our own market analysis is telling a grim story. No dates, no predictions, just a gentle reminder: Despite the hype being pumped out by the Fed, investors should be proceeding with extreme caution because the worst is still yet to come.
Inside this Issue
“Profiting From the Coming Paper Money Collapse”
Just 28 Republicans including House Speaker John Boehner voted for it, and two Democrats voted against it.
China’s exports grew 10.6 percent in January from the year-ago period, compared to a Reuters poll of economists forecasting a 2 percent growth.
Grant calls gold “nature’s bitcoin” because it is “the reciprocal of faith in Central Banks.”
Company warns that the milk industry faces a “very challenging environment” in the first half of 2014, and those challenges are going to be felt all along the food chain.
U.S. Financial Markets
Real-time Gold and Silver Prices
Precious Metals Market Update with Tom Cloud
“World News Headlines That We Are Tracking”
No official agenda was released for the talks, which are widely seen as a confidence-building exercise.
Experts: U.S. ‘defenseless’ against high-altitude explosion.
Nearly 2,000 people have flocked to a small town in northern Israel to view a statue of the Virgin Mary that residents say “weeps” oil.
As 3D printing advances at an astonishing rate, will it soon be possible to 3D print a human body?
Authorities don’t have a motive or suspects in the attack on a PG&E power substation in Silicon Valley last year, but ominous theories abound.
Empty shelves in Atlanta merely foreshadow future mass panic in America.
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‘Zombie Hunter’ bullets designed for deadly long range capability.
With a chip under your skin, you can do everything from unlocking doors to starting motorbikes, says Frank Swain, who has been trying to get his own implant.
Amazon drones may make quick deliveries to your house in the future, but the United Arab Emirates government is looking to add similar technology to its skies much sooner — within a year.
[VIDEO] Congressman Gets Furious When The Deputy Director Of Drug Policy Can’t Give A Straight Answer
Rep. Earl Blumenauer grows frustrated with witnesses’ “inability to answer” direct questions about the real health risks of pot.
“Daily Investment Trends for the Savvy Investor”
“A Daily Stock Trading Idea for Short-Term Traders”
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“A Daily Dose of Financial Wisdom from God’s Word”
“On the first day of every week each one of you is to put aside and save, as he may prosper, so that no collections be made when I come.”
1 Corinthians 16:2