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The Weekly Perspective with David Morgan 5-6-17

  • Broadcast in Finance
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Canadian housing bubble has popped. Its banking system has crashed. Not like when the US housing bubble popped. Cdanada is only 1/10 the size of the US's economy. Puerto Rico has filed for bankruptcy. Doctor Copper is showing weakness. The only base metal with upside potential is Zinc. Singapore is investing in artificial intelligence. Gold-backed cryto currencies. Could definitely be part of a trend. Gold prices under pressure from better than expected US economic data. Gold could be going later. Silver has also been under pressure. Chinese demand for gold bars and coins has surged by 30 percent. Mis-management of natural resources is bringing the West down. Interesting article about the theory, neither the left nor the right has it right. 

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