Joe Blogs discusses South Africa as the largest and most developed economy in Africa, yet it is currently facing a severe crisis. The outdated and failing Electricity System has led to Daily Planned Blackouts, while the Road, Rail, and Ports are deteriorating due to lack of investment. Unemployment rates are the highest globally, and Crime and C--------n are widespread.
Gregory Mannarino suggests that the current moment might be the right time to exit the stock market due to critical updates. The MMRI has reached the “RED ZONE,” indicating a potentially severe situation that could escalate quickly. It is crucial to stay informed with important updates to make informed decisions regarding investments.
The BRICS International Financial and Economic Forum is scheduled to commence in Moscow on Monday, where the organizing committee has indicated that a resolution will be passed regarding new payment, settlement, and emission activities among the member countries. Previously, discussions have taken place regarding a currency initiative known as The Unit, which is said to be progressing with the support of the BRICS Business Council as a potential framework for a payment settlement system. The recent announcement provides further insight into the objectives of the BRICS, with the details being directly communicated by the organization. Vince Lanci from Arcadia Economics has elaborated on the recent developments, explaining the significance of the resolution and shedding light on the latest updates in the gold and silver markets.
Jeremy Szafron, the Anchor for Kitco News, engages in a discussion with David Hay, who serves as the Chief Investment Officer & Partner at Evergreen Gavekal, to analyze the present state of the US economy. Hay delves into the possible challenges associated with an anticipated economic soft landing, the increasing levels of corporate and private debts, the uncertainty surrounding inflation, and the strategic significance of commodities such as copper and oil in managing market fluctuations.
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Joe Blogs
May 29, 2024
South Africa is the largest and most developed economy in Africa however it is an economy in CRISIS. The Electricity System is old and FAILING resulting in Daily Planned Blackouts, the Road, Rail & Ports are crumbling due to under-investment, Unemployment is the HIGHEST IN THE WORLD and Crime and C--------n is rife. In this video I look at the situation in more detail and discuss what is likely to happen over the next 3 years.
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Gregory Mannarino
May 29, 2024
NOW May Be The Time To GET OUT OF THE STOCK MARKET! Here Is Why. CRITICAL UPDATES.
The MMRI Has Hit “RED ZONE.” This Could Get VERY BAD, VERY FAST. Important Updates!
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Arcadia Economics
Premiered May 29, 2024
The BRICS International Financial and Economic Forum opens on Monday in Moscow, and according to the organizing committee of the forum, a resolution will be adopted on new payment, settlement, and emission activities of the countries of the association.
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We’ve talked on the show previously about a currency project called The Unit, that is reportedly being moved forward with the BRICS Business Council as a potential structure for a payment settlement mechanism. And now the latest announcement sheds more light on what the BRICS are aiming for, with the information this time coming directly from them.
Vince explains what happened and what it means, and also goes through the latest gold and silver news and developments.
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Kitco NEWS
May 29, 2024
Jeremy Szafron, Anchor at Kitco News, interviews David Hay, Chief Investment Officer & Partner at Evergreen Gavekal, to dissect the current US economy. Hay dives into the potential pitfalls of a predicted economic soft landing, rising corporate and private debts, the unpredictability of inflation, and the strategic role of commodities like copper and oil in navigating market volatility.
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