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With continued uncertainty around the world, we have just witnessed a very rare event in the gold market. Youth unemployment is on course to rise for the first time in three years in 2016 as commodity exporters grapple with recession and advanced economies stagnate, according to the United Nations. The report, led by the International Labour Organisation (ILO), predicts that the number of unemployed people aged between 15 and 24 years-old will rise by half a million to 71m this year. But now, a 6.2 earthquake has destroyed the lives of many people in small towns in central Italy, while it shook the capital in Rome. At least 120 people are dead, and rescue workers are still searching for survivors and totaling the massive destruction. Regardless of the philosophical rectitude of central bank intervention, there can be no denying its efficacy. Powers, a former Democratic strategist who just came to CNN following a long stint as a Fox News contributor, told “New Day” co-host Alisyn Camerota that there’s nothing to indicate the Democratic presidential nominee is not in good health. In any case, it’s safe to say few, if any, Americans bank with Raiffeisenbank Gmund am Tegernsee, a small co-operative bank outside Munich, Germany.

The fact that Hillary Clinton is a few months away from the Oval Office – with the massive financial support of noted anti-humanitarians like George Soros, the Rothschild Family, Warren Buffet and most Wall Street CEOs – continues to blow my mind. I’m sitting in the lobby of my favorite hotel in Bucharest, Romania, waiting on my girlfriend, and I’m scanning the news of the day on my phone.
Earthquake watchers have been observing the build up of pressure and worrying about the likelihood of destructive mega-events at hot spots all around the world. The question is whether the stock market needs stimulus in order to advance, and is stimulus only creating a bubble which will burst at some point and lead to depression?
The most fundamental truth of the financial market is that “liquidity, liquidity, liquidity” is the market’s lifeblood. Even though the facts which prove this to be so may be brought clearly to their minds, they will still doubt and waver and will continue to think that there may be some other explanation. I come across an article, penned by an economist from the supposedly nonpartisan (but funded by labor) Economic Policy Institute that claims higher wages are the solution to America’s expanding reliance on payday lending. For the first time in more than two months, gold closed below its 50-day, only the fourth time it went this long since its bear market began more than four years ago.

Financial stimulus contains the seeds of recovery and will cure any bear market in equities, as I’ll attempt to prove in this commentary.
Historically, losing its 50-day average after months above it has led to further losses in the shorter-term. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY.

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