Weekly Video: Israel/Iran War Escalation, Stealth U.S. Housing Crisis & Why War Is Not The Main Driver Of Gold
The U.S. faces a stealth housing crisis that will help force the Federal Reserve to ease financial conditions
The Israel/Iran conflict has dramatically escalated over the last few days. However, there are signs we are at the brink of turning the corner to de-escalation. In this week's video I discuss Israel/Iran, its market impacts, and why it is highly unlikely that Iran will shut the Strait of Hormuz.
I then delve into the stealth U.S. housing crisis that nobody is talking about, and why this crisis is likely to become increasingly acute over the next few years. The combination of a stealth housing crisis and a U.S. government debt crisis means that the Fed & Treasury are all but certain to engineer a reduction in interest rates and an easing of financial conditions.
I conclude by discussing gold fundamentals/technicals, why the gold miner bull market has just begun, platinum, silver, and mounting signs that we are entering a risk-on environment for Canadian small/micro-cap stocks.
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