October 22nd Market Update – Market Analysis and Recommendations; China’s asset markets are a one-legged stool….

I have uploaded a new show podcast for October 22, 2017. Click here to go to the show archives page to listen or you can listen on the link below. On the show archives page I have also included the articles and media discussed on the show. The latest show is on the top of the page.

-Gold and oil analysis and some recommendations
-Dollar well supported here could test some resistance
-Chinese real estate sector; huge official intervention keeping real estate prices and sales elevated.
-US – real estate is 28% of household net worth; China – 75% of household net worth. Although asset prices are inflated, the US has a diverse asset base
-Millennial banking families chose ChiCom gov’t over Chiang Kai-shek. In return they would set up a private central bank and move away from gold. The path is not reversible.
-Anyone following the alt-media financial/economics gurus have been on the losing end. Done by design.
-I do not follow any economist or financial analyst per se, but will take an interest in anyone who has a long-term track record of success. I do my own research and make my own conclusions.
-Economic theory and economists going back to Adam Smith were and are developed and promoted by the banking families. Adam Smith’s theory helped to undo national sovereignty.