David Kranzler: Mining Stocks Havent Been This Golden Since 2001 [Video]

David Kranzler: Mining Stocks Haven’t Been This Golden Since 2001

Tom Bodrovics your host welcomes back Dave Kranzler from Investment Research Dynamics. Kranzler discusses the impact of the upcoming election on national debt and market conditions, expressing concern over the mounting deficit and lack of government spending reductions. He highlights the importance of military spending, handouts, and domestic spending in keeping the economy afloat, but warns of potential economic collapse without significant spending cuts.

Kranzler expresses concerns about the U.S. Treasury and the Federal Reserve’s gold holdings. He questions their true possession of reported reserves and lack of audits.

Kranzler believes that liquidity, not monetary policy, is the crucial factor keeping markets and banks functioning in today’s hyper-financialized economy. Despite the Fed’s reduction in its balance sheet and hawkish monetary policy, M2 has continued to grow, and over $2 trillion has been drained from the reverse repo facility to finance …