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Something Nasty is Coming in the Financial Markets – Rob Kirby

USA Watchdog, Released on 11/13/19

“The amount of money being fed into the system is soon going to be too hard to hide.”

Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-dealer broker of foreign exchange and interest rate products. He spent an additional year at another money/bond broker called Freedom Bond Brokers, then spent two years at Garban Inc., another inter dealer bond brokerage in Toronto – and left the industry in 1996. He started writing in 1997, and was involved in a number of entrepreneurial pursuits from marketing Buffalo meat to a part time stint in the giftware business. In 2002, he went to work for Investor’s Group, the largest Mutual Fund Company in Canada. He worked there up until September ’04 when he resigned to write about the markets – and his book – from a “gold bug’s” point of view. His website is called Kirby Analytics.

2 Responses to Something Nasty is Coming in the Financial Markets – Rob Kirby

  1. Joe Reply

    11/13/2019 at 2:05 pm

    Rob, it seems the big reason the Federal Reserve is printing all this money is due to problems outside the US. Europeans in particular are looking for a safer place to put their funds. This is a major factor in why the US stock market keeps rising.

  2. Herman James Reply

    11/13/2019 at 2:30 pm

    This entire sutiation really is amazing/tragic. As a trader and investor, I have to follow the money and trade according to the charts. The U.S. is the cleanest shirt in the hamper. As much as I hate what the Fed is doing, there is no denying the massive bull market we’ve witnessed in U.S. stocks over the past decade. The Fed simply will not tolerate the stock market dropping meaningfully. We all know what these central bankers are doing is incredibly destructive, but what choice do we have as investors other to buy U.S. stocks? Gold and silver, of course, have been a great place to preserve our wealth. However, since the dollar has been such a beneficiary of foreign money flows we have yet to see a new all-time high in the precious metals in America. The entire situation is tragic, and like Jim Grant keep saying, “There is no more price discovery.”

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