In these two videos Jeff Berwick of the Dollar Vigilante makes some very interesting remarks:
Cryto currencies: There is everybody talking about crypto currencies nowadays, so things start looking a little bit bubbly. Further, Berwick compares the current crypto currency hype with the dot com mania 2000 and says that some crypro currencies will survive the future shake up and some will not (e.g. Google survived the dot com bubble burst, but many companies vanished).
Zero interest rate addiction: The level of debts are so high, thatany interest rate increases could bankrupt the whole system.
Gold: With all the crypto currency hype, do not forget about gold!
See the videos:
