Greyerz – BIS Just Intervened In The Gold Market Because All Hell Is About To Break Loose In Financial Markets
January 10 (King World News) – Egon von Greyerz:Donald Trump is probably the luckiest presidential candidate in history to have lost an election. He doesn’t realise it yet as he suffers from a self-inflicted wound in the final moments of his presidency. Nor does Biden yet realise how unlucky he is to have won. But that will soon change as Biden’s presidency goes from crisis to crisis in all areas from monetary to fiscal to social and political. Very little will go right during his presidency.
The next four years could easily be four years of hell for Biden, for the US, and thus for the world. That is if Biden stays the course for the whole four years.
TRUMP OBLIGED AS PREDICTEDWhen Trump won the election in November 2016, I wrote an article dated Nov 18, 2016, called “Trump Will Grow US Debt Exponentially”
The article also contained the following graph. In the article I predicted that US debt would double by 2025 to $40 trillion and that it would be $28 trillion in January 2021 at the end of the four years.