"What I do and what I dream include thee, as the wine
Must taste of its own grapes." ~ Elizabeth Barrett Browning, Sonnet VI
By Catherine Austin Fitts
Please join me this Thursday for the 2nd Quarter 2020 Wrap Up: Equity Overview with the quarterly blockbuster from Rambus Chartology. Check out the web presentation here for the quarterly financial charts and Rambus Chartology.
The long overdue major correction in global equity markets came in the 1st Quarter. The recovery in the equity markets during the 2nd Quarter was nothing less than spectacular, and particularly the NASDAQ—up 56% from its 2020 low—with the FANG stocks leading the way.
Two of the best performing assets have been gold and Treasury securities. We are watching a reassertion of the long-term bull market in gold.
Silver is now rebounding as well—up more than 80% from its 2020 low.
A lot of what is happening in the equity markets relates to the global reset. Clearly, the Planet Equity scenario has full support from the central banks. And if new proposed rules for the SEC are approved protecting hedge fund secrecy, expect even more central bank support. It may be worth your while to read the first nine chapters of the Solari Wrap Up on The State of Our Currencies. I will review this material on The Solari Report in the following week.
In the 1st Quarter 2020 Equity Overview, I presented a section called "Don't Lose Money." It is just as relevant today. I will not repeat it again this Quarter. If you did not listen last quarter, you may want to check it out. The audio and transcript are available here.
Please join me for the 2nd Quarter 2020 Equity Overview. There is plenty to talk about!
In Let's Go to the Movies this week, I will review Infinite Potential on the life and work of physicist and consciousness explorer David Bohm.
It's the last week of the month, so there is no Money & Markets this week. Subscribers can e-mail or post questions and story suggestions for Money & Markets for the following week here.