And 4 moths later Silver is on the rise from 14 to 18 in few weeks! Followed hes advice and have been making good currency trading the paper crap on a leveraged CFD platform
@@markuslissheim4083 Everything is possible once the manipulators set their massive shorts again. But atm. i think it will still go up towards the $20-22 marks. check some recent silver miner interviews they are no longer willing to supply the comex ;) Comex is already in deep shit with their gold fraud.... things are looking very good for the PM´s
Mehdi S I would be careful. The Gold to Silver Ratio are making highs not seen sinse the great depression. Gold is approaching strong resistance at 1800 and the stock market as well. When everyone says “there is nothing to worry about” that’s when you run.
Look up "The big reset" it's a book (and there are vids on youtube) of a Dutch economist. He is yelling this for years but no 1 was believing him, even the whole silver and gold thing they where telling about. Mabye you find it 👍 interesting
Dollar will keep deflating and won't drop 2-3 year short term . Don't bet against your own home . Our problem won't be inflation, but how to create inflation in the near future
Mr. Minerd called it right with Silver, and he also got the FED bubble correct as well, however we will need to wait a few more weeks to see the equity bubble burst!
Travis Li - Rufus we might not can but with time we can.. social media is their worse enemy and it’s either they make it where there’s no middle class or we beat them
@@Leo-ts1qf , I like your optimistic. But I don't think we can beat them, they own pretty much all the corporations, where we go to work everyday. They can raise the price in everything, in gasoline, healthcare cost, foods, taxes, etc, to keep us poor forever.
Im amazed! It made my whole day to see someone sit in that chair and say what I a regular person with eyes can see and say... Its all bullshit and a ponzi scheme
Monetary banks all over the world are just exaggerating, normal work lost its value! Why don't they realize? Interest rates around 3-5% would be much more healthy for this society. Now we see stocks going up 1000% or more in 10years.
06:36 ...What's the number-one convictions right right now for you 2020? 06:39 ...Silver...Silver is...Silver? why not gold? because when you look at the relative values of silver and gold silver today is about let's say 60 65 percent below its prior Peak Gold is is getting very close to its prior peak and it go exponential like we've seen in some of the non precious metals. I think there's a high probability of that...
Cut him off on the silver speech trade because you can't let us know when they are getting in. If he said silver, they are already in accumulation stage a few months ago.
Would be nice to see a deep pockets firm of investor buy comex silver in large quantities and take delivery of the physical metal. Take away the illusion of collateral for all the paper shenanigans going on in the paper market. That being said a great call by Scott Minerd who I think will be proven right in silver prices. He sure was about the stock market. He made two great calls. One down and one to go.
3 months later now: can we all agree it was QE? And if it wasn’t, it definately is now. Gold and silver are still artificially surpressed. And the gold/ silver ratio is still over 100. Looking for a relatively safe haven bet: Buy silver and hold until the DOW/gold ratio gets to
I watch silver bottom and stay there forever at $14 per ounce a year or two ago...I saw this at a great buy, so I sold a couple cars and bought physical. I bought 10 ounce bars, one ounce rounds, and lots of 1964 and older "junk" silver...dimes, quarters, and halves. 1964 and older dimes, quarters, and halves contain 90% silver, and 10% copper added for strength. Silver is still a good buy at $18 right now, and everyone should own some physical silver.
4 years ago I paid off my $175,000 country home...your co-workers is going to end up divorced and broke...bet he drives a brand new vehicle also. I also have 7 vehicles all paid for...my daily driver is a 199 GMC Sierra 4X4
JP Morgan has been stockpiling the largest amount of physical silver in the world, while at the same time manipulating the spot price of silver lower...to keep the price low to stack even more silver. What does JP Morgan and this guy know? 🥈🥈🥈🥈
@robert power interesting thoughts. I see your logic. But I also like the comment about how the only players are the well to do, while the rest of us have zero influence. Like I said. Interesting..
It's the debt bubble, and it is huge. Eventually someone is going to want to get paid, so they'll crash the entire market - call in all the fiat currency and start again - after all it is just 1's and 0's in a computer. He who controls the lending always wins.
I'm concerned with silver because it was demonized in the 19th century with the rise of new financial tech - namely, banks pegging paper notes to gold in order to make it further divisible and settle trades internationally. Silver was primarily used for smaller traders as gold had it's limitations in divisibility when people carried the actual coins around. We will most likely go back to a gold standard since we aren't going to be walking around with gold and silver coins. I still think there will be a sudden spike in silver as people start fearing the worst, but there will be a devastating market correction.
If he really wants to know who the villains are in the Ponzi Scheme of our economy, he should read "Giants: The Global Power Elite" by Peter Phillips. "A look at the top 300 most powerful players in world capitalism, who are at the controls of our economic future."
"A Policy of Bubble to Bubble"...Boy! Does that ever describe what has happened in the markets. Makes one seriously question the overall capabilities / sense of responsibility in current (and past) "decision makers".
The Feds took a bullet for the American population. Many many times. The people that should be in jail are all dead. We can start with Woodrow Wilson. We can also point the finger at Richard Nixon. At the same time, had they not don't that then the world would still indeed be facing death by famine in many parts of the world. Credit expansion allows things to quickly develop. We can argue that people who took out loans that defaulted are the root causes of the issue as much as arguing that fed created an inflation in the market. Nobody held a gun to their face nor did anybody forge a signature.
@Din Joekhannaz Ofcourse others can destroy it. All they have to do is dump us treasuries. Except no one wants to do that because it's like setting your house on fire because you have issues with a woodpecker who keeps on pecking the wood right beside your bedroom window.
@Din Joekhannaz well.... Did u expect no retaliation? Besides, the United States doesn't have to go attack them at all. As soon as they dump the USA treasuries, their own economy will tumble and take the whole global economy with it. We're in such a complex web of global economy that anything that can hurt it will ensure a disaster for EVERYONE on this planet. Nobody benefits from this, it's absurdity
@Din Joekhannaz my portfolio is set, thanks for your consideration. It also has us index in there since until that thing pops, it'll guarantee you returns for a while. I don't think it's going to pop soon, the Feds are blowing the bubble real hard and they still have lots of tricks up their sleeves. Sure it's extreme measures, until it is taken. When extreme measures are taken, it becomes the norm. Look at our retarded repo operation that was supposed to last for a week or something initially.
Probably the best investment advice you can give anybody here. Unfortunately everybody thinks they are smarter than average (and that they'll get rich buying silver because they are the only ones seeing it coming)...
Inflation will go out of control beyond the stock market and salaries will not keep up. At some point, the Federal Reserve will be forced to raise interest rates at the wrong time.
I agree with Scott more broadly - but rather than complain about what’s going on and sitting on the sidelines, you could have been up from the bottom is considerable. Is he that non-nimble that he can’t ride the wave then exit rather than just sitting and watching
This guy sounds like if Alex Jones took his meds and become a financial guru.... Also hes spot on here and he called everything thats happening right now so you'd be wise to pay attention to what hes saying
The bald guy w the glasses is very smart. The questions are on point. The guy from bridgewater (not Ray)gave an untrustworthy, maybe unknowingly vibe. The questions glasses was asking this guy were pinpointed and the answers are a trip. Find the bubble lol. I like this guys info. Seems more honest.
I try really hard but I can't understand how this couldn't be a bubble. I admit I am fairly ignorant of the financial world but this never ending rally just seems to defy common sense. Oh well, I guess will eventually find out.
The industrial demand of silver crashes, but the investment demand, potentially the monetary demand, sky rockets. This scenario is similar to 2011, except this time the central banks have no tools left other than to print money. This will only add fuel to the fire of precious metals and cryptos.
@@jvo3777 The recession of 2008 was not just any recession, it was "The Great Recession". And even though things went down the drain, the dollar remained strong. Other countries panic during recession and buy U.S dollars. I dont know why they would do that. It Probably is a better alternative to their won currency. Either way, during this historic recession the dollar became strong. When money isnt circulating, it brings asset prices down and the value of the dollar up. It has the same effect of raising interest rates. There will be a recession with in 2- 2 1/2 years. Dollar will not collapse, we will get out of the recession, 2 or 3 years later we will have a liquidity problem or credit problem and then people will lose confidence in fiat and buy silver and gold. Exactly how it happened in 2008 and 2011. History WILL repeat it self.
That's one tough interview. Minsky moment, irrational exuberance, data that points to economic growth. How long can someone remain solvent while the market behaves irrational? He is right but oh so wrong at the moment. 2020 is going to be another bull market people hate.
These people are becoming very worried. They are looking for a return OF capital rather than a return ON capital. With everyone taking on so much risk and buying up so many risky bubble assets, when things go bad they just want their principle back.
The entire financial sector should be regulated or better still banned. All they do is blow up bubbles, gambling is a hobby, not a profession. Thanks for your honesty Scott.
RIP Scott Minerd. Thank you for sharing your knowledge and wisdom with all of us. You will be missed.
I recommend a diversified portfolio of Ponzi schemes.
Agreed. :)
That’s gold.
haha, if we can bunch them together we can call them Subprime Ponzi's then we will have a nice AAA+ asset.
Jeff Sutthoff haha 😂
😂 Cash isn't as bad as everyone claims.
Mr. Minnerd, Thank you for your brunt truth. Much respect to you.
What's 'Brunt Truth'?
@@Jackknifegyp L C meant "Blunt truth", he's from china.
Wow... Minerd bullish on silver. Finally some damn honesty.
buy PAAS on corrections (
Laurent Hoss Juniors are more undervalued.
\\/\// buy physical.
Silver is KING
Talks about silver and gets cut off immediately.
haha... nobody wants to talk about it. It's boring to people... but not to us.
I mean, its pretty standard practice to end segments by asking for trade recommendations. I am guessing you don't watch alot of financial news.
Nerd Strangler not mainstream that would be a waste of time. I just heard about this one.
This guy is straight up dropping nuggets of wisdom, and these two still can't seem to get it. Smdh...
@@thatrandomchannel8589 ANything MaInStrEam MuST Be WronG and TheY'Re OuT TO GeT uS!
Didn't expect to see this level of reality on Bloomberg.
This guy has been right on the whole time.
The music has stopped
RIP Scott you will be remembered for speaking the truth.
Finally a sensible person that tells it like it is. Scott Minerd is absolutely right
And 4 moths later Silver is on the rise from 14 to 18 in few weeks! Followed hes advice and have been making good currency trading the paper crap on a leveraged CFD platform
@@markuslissheim4083 Everything is possible once the manipulators set their massive shorts again. But atm. i think it will still go up towards the $20-22 marks. check some recent silver miner interviews they are no longer willing to supply the comex ;) Comex is already in deep shit with their gold fraud.... things are looking very good for the PM´s
Mehdi S I would be careful. The Gold to Silver Ratio are making highs not seen sinse the great depression. Gold is approaching strong resistance at 1800 and the stock market as well.
When everyone says “there is nothing to worry about” that’s when you run.
Great interview. Scott was one of the good guys.
My mouth just dropped when he said "silver"!
100%. I actually re watched that bit 3 times. You?
Look up "The big reset" it's a book (and there are vids on youtube) of a Dutch economist. He is yelling this for years but no 1 was believing him, even the whole silver and gold thing they where telling about. Mabye you find it 👍 interesting
Lol! Same here. I couldn't believe he said that. Incredible.
Robert Kiyosaki said the same thing about silver!
Well it's self-fulfilling. Tell people to buy silver so that price goes up and he can profit.
Silver is an awesome hedge against this bubble and a crashing US dollar :) great call Scott.
Dan North Tampa ..after being the worst investment of the decade
@@swayp5715 Yeah but timing is important as you know.
@@swayp5715 Yes, but every dog has its day..... and silver will eventually explode to the upside.
Dollar will keep deflating and won't drop 2-3 year short term . Don't bet against your own home . Our problem won't be inflation, but how to create inflation in the near future
@@Jokstaify lol
Decade long silver stacker here. I will be a liquid millionaire when the music stops. Laugh now, cry later. 😎
One of the few guys I actually listen to . I got a lot of respect for Scott.
Mr. Minerd called it right with Silver, and he also got the FED bubble correct as well, however we will need to wait a few more weeks to see the equity bubble burst!
'A few more weeks' god I hope you're right, I've been reading this sentiment for years.
There was a ton of money made in stocks this year though, his call may have been just about a half year or year early.
End the FED
We can't end the fed, because we are bunch chicken,
Travis Li - Rufus we might not can but with time we can.. social media is their worse enemy and it’s either they make it where there’s no middle class or we beat them
@@Leo-ts1qf , I like your optimistic. But I don't think we can beat them, they own pretty much all the corporations, where we go to work everyday. They can raise the price in everything, in gasoline, healthcare cost, foods, taxes, etc, to keep us poor forever.
Travis Li - Rufus couldn’t agree more bro but if people wake up and I’ve been noticing people have maybe just maybe there’s a chance
SILVER!! YEAH BABY!!
keep stacking
Been in silver for ten years since qe started..bought a ton during the peak at 2011. is the time finally coming?
@@juniorjr5328 lol. Because you are convinced silver is a good long-term investment.
I admire Mr. Scott Minerd's Strength to do this interview and call a spade a spade !
Im amazed! It made my whole day to see someone sit in that chair and say what I a regular person with eyes can see and say... Its all bullshit and a ponzi scheme
6:43 ... Silver. 100% correct.
Monetary banks all over the world are just exaggerating, normal work lost its value! Why don't they realize? Interest rates around 3-5% would be much more healthy for this society. Now we see stocks going up 1000% or more in 10years.
@Broadsword Calling lol set it and forget it. You don't know how monetary policy works, do you?
Minerd mincing no words. Respect for telling it how it is.
06:36 ...What's the number-one convictions right right now for you 2020?
06:39 ...Silver...Silver is...Silver? why not gold? because when you look at the relative values of silver and gold silver today
is about let's say 60 65 percent below its prior Peak Gold is is getting very close to its prior peak and it go exponential
like we've seen in some of the non precious metals. I think there's a high probability of that...
Plus gold is only used for jewelry.
Cut him off on the silver speech trade because you can't let us know when they are getting in. If he said silver, they are already in accumulation stage a few months ago.
Federal Reserve Note has lost 98% of it's value! Going to zero !
They did a good job though, And noone is protesting this evil scheme.
You seem to have no sense of math or currency.
LMAO I can run circles on you in the math department! I also know a scam when I see one.
@@trentpetersen3072 Uh huh... and so, you're thinking, "98% down, just 2% more to go"?
Chart it buddy.
Would be nice to see a deep pockets firm of investor buy comex silver in large quantities and take delivery of the physical metal. Take away the illusion of collateral for all the paper shenanigans going on in the paper market. That being said a great call by Scott Minerd who I think will be proven right in silver prices. He sure was about the stock market. He made two great calls. One down and one to go.
I think he said it "IS" a Ponzi scheme, present tense. Not past tense.
3 months later now: can we all agree it was QE? And if it wasn’t, it definately is now. Gold and silver are still artificially surpressed. And the gold/ silver ratio is still over 100. Looking for a relatively safe haven bet: Buy silver and hold until the DOW/gold ratio gets to
I watch silver bottom and stay there forever at $14 per ounce a year or two ago...I saw this at a great buy, so I sold a couple cars and bought physical. I bought 10 ounce bars, one ounce rounds, and lots of 1964 and older "junk" silver...dimes, quarters, and halves. 1964 and older dimes, quarters, and halves contain 90% silver, and 10% copper added for strength. Silver is still a good buy at $18 right now, and everyone should own some physical silver.
Very sharp and humble man.
This won’t end well.
Thumbs up if Chris Duane brought you here.
Are there people who think the markets aren't rigged?
Jordan PSA 9 1986 Fleer was $800 in 2009. Now they’re going over $5,000. He’s right.
Very smart man. A real investor, not a speculator.
Rest in peace scott a great man
I wish Tom Keene would stop throwing in such phony jargons.
he wears a bow tie for chrissakes. betcha he poses with cigars too. such a loser.
What a call
The man knows of what he speaks.
My coworker just bought a $700,000 home and got the down payment from his credit card. Let that sink in.
Josh which credit card?
I believe it was TD or RBC visa
4 years ago I paid off my $175,000 country home...your co-workers is going to end up divorced and broke...bet he drives a brand new vehicle also. I also have 7 vehicles all paid for...my daily driver is a 199 GMC Sierra 4X4
Wait whatttttt???? Do you know lots of people doing this? Is this a new habit among people??? Thanks for letting me know
JP Morgan has been stockpiling the largest amount of physical silver in the world, while at the same time manipulating the spot price of silver lower...to keep the price low to stack even more silver. What does JP Morgan and this guy know? 🥈🥈🥈🥈
Most accurate guest!
The mother of all bubbles is about to burst, get ready people
We have been preparing........
@robert power correct. all these con jobs say "conservative" things, make noises, but reaility is different. it's a talking shop.
@robert power interesting thoughts. I see your logic. But I also like the comment about how the only players are the well to do, while the rest of us have zero influence.
Like I said. Interesting..
Lmao you're entering slowly now? I see how this shit happens...
Don't just go after lost gains. Terrible idea.
@@detrockcity3 he will learn. He probably did already
It's the debt bubble, and it is huge. Eventually someone is going to want to get paid, so they'll crash the entire market - call in all the fiat currency and start again - after all it is just 1's and 0's in a computer. He who controls the lending always wins.
The music stopped, lol
Don’t you mean it’s been a series of bubbles since 1914
You heard it here. Buy silver folks .
Sure bitch
And it's dirt cheap now. You can buy a pound of it for 250 bucks.
I'm concerned with silver because it was demonized in the 19th century with the rise of new financial tech - namely, banks pegging paper notes to gold in order to make it further divisible and settle trades internationally. Silver was primarily used for smaller traders as gold had it's limitations in divisibility when people carried the actual coins around. We will most likely go back to a gold standard since we aren't going to be walking around with gold and silver coins. I still think there will be a sudden spike in silver as people start fearing the worst, but there will be a devastating market correction.
Why not 5000 year old gold?
Minerd nails it - silver was the right answer.
Beeep, beeep, beeep...
Hear that?
That's the sound of everyone backing up the truck.
what matters is the amount of the M2 or rather the speed of its increase and velocity too to great extent
If he really wants to know who the villains are in the Ponzi Scheme of our economy, he should read "Giants: The Global Power Elite" by Peter Phillips. "A look at the top 300 most powerful players in world capitalism, who are at the controls of our economic future."
One of the greatest insights
the bubble is human nature
I would have blown off this Economic Forum and gone skiing and chase Swiss women.
Let's drink some European booze and Chase blonde chicks in the beautiful Swiss mountains or talk to Baldi and geezer I'm with your brother
Jeffrey gundlach - 👍👍🥃😁 Let’s go!
Bring back the Gold Standard!
"A Policy of Bubble to Bubble"...Boy! Does that ever describe what has happened in the markets. Makes one seriously question the overall capabilities / sense of responsibility in current (and past) "decision makers".
Try reading the creature from Jekyll Island
RIP Scott
Damn! We are here! Long GPL, HL, AG
Gold and silver mining stocks too
Was right @ silver .
The FED needs to be held to account……
The Feds took a bullet for the American population. Many many times. The people that should be in jail are all dead. We can start with Woodrow Wilson. We can also point the finger at Richard Nixon. At the same time, had they not don't that then the world would still indeed be facing death by famine in many parts of the world. Credit expansion allows things to quickly develop. We can argue that people who took out loans that defaulted are the root causes of the issue as much as arguing that fed created an inflation in the market. Nobody held a gun to their face nor did anybody forge a signature.
@Din Joekhannaz Ofcourse others can destroy it. All they have to do is dump us treasuries. Except no one wants to do that because it's like setting your house on fire because you have issues with a woodpecker who keeps on pecking the wood right beside your bedroom window.
@Din Joekhannaz well.... Did u expect no retaliation? Besides, the United States doesn't have to go attack them at all. As soon as they dump the USA treasuries, their own economy will tumble and take the whole global economy with it. We're in such a complex web of global economy that anything that can hurt it will ensure a disaster for EVERYONE on this planet. Nobody benefits from this, it's absurdity
I can guarantee you. If any country tries to dump another country's treasury, any leader would retaliate.
@Din Joekhannaz my portfolio is set, thanks for your consideration. It also has us index in there since until that thing pops, it'll guarantee you returns for a while. I don't think it's going to pop soon, the Feds are blowing the bubble real hard and they still have lots of tricks up their sleeves. Sure it's extreme measures, until it is taken. When extreme measures are taken, it becomes the norm. Look at our retarded repo operation that was supposed to last for a week or something initially.
“Only reason investors are buying is the fear that today the prices will be higher” yep that sums it up. My attitude on the issue as well.
this aged well
Where are all the customers yachts?
Buy SPY monthly and hold.
But of course we wouldn’t need Davos and the stock pickers !!
Probably the best investment advice you can give anybody here. Unfortunately everybody thinks they are smarter than average (and that they'll get rich buying silver because they are the only ones seeing it coming)...
Scott Minerad is one of THE best like Jeffrey Gundlac and they are pretty much saying the same thing
Silver and gold future
Inflation will go out of control beyond the stock market and salaries will not keep up. At some point, the Federal Reserve will be forced to raise interest rates at the wrong time.
All of those guys they know what’s going on !
That’s why they are richer and richer
Thx Scott Minerd, buy SILVER bullion :)
oh look, a shill!
Toay he look like a genius August 2020
it's more complex then that...
Hmmmm..... time to acquire some Silver. I don't have a problem with that.
Do you already buy BTC and Gold?
Shhhhh dont let the cat out of the bag just yet. Lol
I agree with Scott more broadly - but rather than complain about what’s going on and sitting on the sidelines, you could have been up from the bottom is considerable. Is he that non-nimble that he can’t ride the wave then exit rather than just sitting and watching
Very surprised with Bridgewater
This guy sounds like if Alex Jones took his meds and become a financial guru.... Also hes spot on here and he called everything thats happening right now so you'd be wise to pay attention to what hes saying
Music hasn't stopped thus far in 2020, the liquidity has been leaking out. It'll go up until it doesn't.
The bald guy w the glasses is very smart. The questions are on point. The guy from bridgewater (not Ray)gave an untrustworthy, maybe unknowingly vibe. The questions glasses was asking this guy were pinpointed and the answers are a trip. Find the bubble lol. I like this guys info. Seems more honest.
Q; What's the No.1 conviction call for 2020? A; Silver. Q; Silver? A; Silver!
I try really hard but I can't understand how this couldn't be a bubble. I admit I am fairly ignorant of the financial world but this never ending rally just seems to defy common sense. Oh well, I guess will eventually find out.
Ive said this for years. If the current economy is so good why did the fed drop rates twice in 2019? So much for the free market system.
I like my investments to be fully diversified. I buy silver rounds, coins and bars
Minerd is a hottie!
P/Es are starting to get to critical levels.
If you call the top of a business cycle a bubble, we are just about there.
All I can hear at Davos is : POP POP POP POP !!
POP IN THE PAST AND POP FOR THE FUTURE FOR THIS GREAT MONETARY SYSTEM OF THE FED.
Because he has eyes and a brain?
Erm, I think he had a point.
Someone is resentful for not buying Apple stock in early 2019.
You are an idiot. But more apple sir
Shouldn't this have to be labeled as an advertisement??
He said silver. Why did he not mention that silver crashes when a recession hits? Fundamentals of economics
The industrial demand of silver crashes, but the investment demand, potentially the monetary demand, sky rockets.
This scenario is similar to 2011, except this time the central banks have no tools left other than to print money. This will only add fuel to the fire of precious metals and cryptos.
During a recession, you're sometimes right. What's coming is a currency collapse, and in that case silver does incredibly well.
@@jvo3777 The recession of 2008 was not just any recession, it was "The Great Recession". And even though things went down the drain, the dollar remained strong. Other countries panic during recession and buy U.S dollars. I dont know why they would do that. It Probably is a better alternative to their won currency. Either way, during this historic recession the dollar became strong. When money isnt circulating, it brings asset prices down and the value of the dollar up. It has the same effect of raising interest rates. There will be a recession with in 2- 2 1/2 years. Dollar will not collapse, we will get out of the recession, 2 or 3 years later we will have a liquidity problem or credit problem and then people will lose confidence in fiat and buy silver and gold. Exactly how it happened in 2008 and 2011. History WILL repeat it self.
That's one tough interview. Minsky moment, irrational exuberance, data that points to economic growth. How long can someone remain solvent while the market behaves irrational? He is right but oh so wrong at the moment. 2020 is going to be another bull market people hate.
The risk is treating it like QE when it's not. Wait for the realization about six months from now.
love silver and gold
What is happening with the repo markets ???
ponzi FACTOR
Did he say silver? Fired!!!!!
Not buying either ideas..
Free money can buy anything and everything, and it will. Get your gold/silver, Tic Toc.
These people are becoming very worried.
They are looking for a return OF capital rather than a return ON capital.
With everyone taking on so much risk and buying up so many risky bubble assets, when things go bad they just want their principle back.
The entire financial sector should be regulated or better still banned. All they do is blow up bubbles, gambling is a hobby, not a profession. Thanks for your honesty Scott.
Global central banks are the root cause.