Gold Newsletter, Released on 12/10/19
The global monetary system underpinned by massive government debt can subsist for only so long before reality kicks in. What will come next?
Massive wealth transfer, says Christopher Martenson, CEO and co-founder of Peak Prosperity. He argues faith in the US dollar is not eternal, and those holding bonds, stocks, and fiat currency will bear the brunt of the fallout.
That is why big players from billionaires to endowment funds are already taking cover in hard assets such as land and precious metals, Chris notes.
Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris’ latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.