It’s my contention that the current economic, credit risk and stock market conditions are similar to the 2007-2008. Specifically, it thinks there’s a chance that a seriously adverse credit event is percolating while the banks engage in an overt price control effort of gold and silver.
Both of these attributes are eerily reminiscent of the fall of 2008. In my latest Arcadia Economics podcast, I refute the common mainstream media and Wall Street “expert” view that the economy is robust. I also explain why I think a big move higher in gold and silver could unfold before year-end: