PREDICTIONS FOR 2016 ECONOMY
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Art Cashin: Director of Floor Operations for UBS Financial Services & CNBC Market Commentator – UBS has over $650 billion under management. Art has over 50 years of Wall Street experience, which gives him the ability to offer valuable insights to investors and traders. When he started in the industry, the Dow Jones Industrial Average was actually in the 700-800 range. He shares his analysis and gives the pulse of the market from the floor of the New York Stock Exchange. ----------------------------------------------------------------------------------------------- Gold as an insurance against government mismanagement: http://goo.gl/5j9v23 ----------------------------------------------------------------------------------------------- Twitter : https://twitter.com/smidge_tv ----------------------------------------------------------------------------------------------- https://youtu.be/LqoBSgvorM0
Comments
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this is interesting actually....
the Bible says that the Euphrates river will dry up and 200 million army will come (Armageddon?)..
Islam says that the Euphrates river will dry up and uncover a MOUNTAIN of GOLD.. and many powers will come and fight for it.. 99/100 will die fighting..
it looks like the cause of war.... is GOLD??
think about it.... America's economy is collapsing..... isis is taking over the Euphrates river.....some say that isis is caused by america... propaganda alert [??]
gold to be made the new global currency?? -
The biggest problem we have is commercial bank credit. We have all these credit card plastic electronic money that have no attachment to the government. Our economy has become dependent on this type of credit that now if we dont borrow the whole economy falls. This is not a natural system but a scam set up by banking dynasties.
Whats worse is that no one talks about commercial bank credit. No one knows how it works. They still use an outmoded model of fractional reserve lending. They still misinform people by using expressions such as money printing. -
Commercial bank credit
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Commercial bank credit
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It is always good to know something about the economy, especially for this new year of 2016.
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