Financial Crisis Coming This Fall - Deja Vu All Over Again - Bob Hoye #5091
b'There\\u2019s nothing new in the market, but we\\u2019re seeing financial violence again. The public has never been more engaged in the market. Bob hasn\\u2019t seen anything like it since the 1960\\u2019s. There\\u2019s no numbers one can put on it, but Bob says it\\u2019s the great public participation. The difference between inflation in the financial aspects versus a rising CPI and cost of living. Bob\\u2019s classical definition of inflation, which is in an inordinate increase in credit, not prices. You\\u2019ll get them switching off periodically, such as the 1970\\u2019s. The reckless Fed and its buying of treasuries to keep rates down parallels that era. Newly created credited flows into the economy in different ways, often unpredictable. Bob isn\\u2019t predicting Weimar level inflation, runaway inflation this time. Bond markets are not facing extinction this time. It won\\u2019t happen with the reserve currency and main economy. We are at a cyclical peak for financial assets and commodities. Watch the gold silver ratio, if it goes up take note, we\\u2019ll be heading for a crisis. US Dollar pattern could lead to a rise, especially in light of history which favors the reserve currency. The greatest financial crisis in history is coming this fall.'