Currency Wars, Trade Wars, World Wars

KINGSTON, NY, 19 August 2015—History is repeating itself. While the times are different and the names have changed, the underlying circumstances and basic fundamentals remain the same. The Crash of ’29, The Great Depression, plunging commodity prices, currency wars, trade wars, world war. Now, four score and six years later: The Panic of ’08, The Great Recession, plunging commodity prices, currency wars. 

Are trade wars and world war next?

Commodity prices’ continuing downward dive is indisputable evidence of a deteriorating global economy. For many, the Great Recession is depression. The equation is simple: there’s a glut of product and not enough people with enough money to buy them.ignited. Since the overthrow of Libyan leader Muammar Qaddafi, the war-torn nation grows more violent. Syria’s war ravaged, Yemen’s being bombed and throughout Africa, civil wars and cross-border wars rage. Bomb blasts in Bangkok, unrest in Egypt, massive protests in Brazil, war in Ukraine … and civil unrest ready to explode in countries where commodity prices have plunged, unemployment soars, debt levels grow and corruption is rampant.

Is world war on the horizon?

Trend Forecast: In the environment of currency devaluations, failing economies, global conflict and social unrest, we forecast gold will be valued as a safe haven commodity.