Stephen Leeb says he thinks China and the US can come to "win-win" agreement and resolve their trade issues. He thinks gold will come into play during the process. You read his comments on this in this recent interview on King World News.
---------------------------------------------------------------------------------------------------------------------We are now halfway through April in 2018. We have alerted readers that by summer or early fall we will end regular articles here if no significant events that may lead to major monetary system change appear on the horizon.
We still don't see anything that would change that at this time. The events that we will keep an eye along the way for the time being are:
- what happens with North Korea and China (see news note below)
- what happens with global debt and derivatives
- what happens with the legal battle involving the Trump Administration
- what happens with the so called "petro-yuan" impact on the US dollar
- what happens with various efforts to establish non legal tender currencies such as cryptocurrencies and gold backed cryptocurrencies
These are the main events we know of that could create conditions that might impact financial markets and even the monetary system.
We will also watch for any articles by experts we follow on major issues that might impact monetary system change as well, but we have pretty well covered the main proposals we can find by these experts on ideas for monetary system change and listed them on this page of the blog. I will note that recently Sean Rushton of the Jack Kemp Foundation wrote an article calling for monetary system change consideration published in the Wall Street Journal. In the article he mentions the SDR. I think he may have been thinking about something along the lines of the Real SDR proposal that we have featured here by Dr. Warren Coats.
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Added news note: This article in the South China Morning Post reports that North Korea blew up their own nuclear test facility last fall. It says that this problem on top of US sanctions may have set back North Korea for some time and may be why they are now interested in talks with the US. If so, this probably takes this situation off the table as a risk to systemic stability.
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