REAL RECOVERY OR MARKET TRICKERY? Claudio Grass On The Everything Bubble – And The Asset Class That’s Still Cheap

REAL RECOVERY OR MARKET TRICKERY? Claudio Grass On The Everything Bubble – And The Asset Class That’s Still Cheap by Claudio Grass

Mainstream analysts and market bulls have some powerful numbers on their side: government-published unemployment figures remain low, America just had the best first quarter of a year for stocks since 1998, and the U.S. dollar is still the world’s reserve currency. But is all of this really indicative of a strong economy and a sustainable market, or is it just an illusion?

You have a right to know the truth, so Portfolio Wealth Global just published a powerful interview with markets and commodities expert Claudio Grass of Precious Metal Advisory Switzerland, located on the world wide web at Mr. Grass is a Mises Institute Ambassador and a renowned independent precious metals advisor based out of Switzerland.

Prior to founding the Precious Metal Advisory Switzerland, Claudio Grass served as the Swiss Sales Manager of Logitech from 2007 to 2010, and then as the Managing Director of Global Gold Ltd. from 2011 to 2017. Since 2016, he has been an Ambassador for the Mises Institute, an educational organization that promotes teaching and research geared toward individual freedom, honest history, and international peace.

Over the past decade, Claudio Grass has immersed himself in the study of geopolitics and history, as well as a variety of monetary, economic, and political systems and philosophies. Claudio’s perspective on precious metals is that gold and silver should not be seen as a trading vehicle, but as insurance in a highly uncertain world and as a shield against a crash in the monetary and financial system.

Courtesy: Claudio Grass

Claudio also contends that direct and unencumbered physical ownership of precious metals stored outside the banking system is essential, particularly for anyone who is interested in a real and practical form of insurance against the ongoing problems in our monetary system and the uncertainties in our world today.

It’s tempting to be swayed by the media’s portrayal of the economy as strong based on the American stock market’s first-quarter performance, so Portfolio Wealth Global asked Mr. Grass for his take on the current state of the American economy. According to Claudio Grass, if we look back a bit further, we see that the stock market fell sharply in Q4 of last year and it’s still not back up to the level where it was before the big correction.

There are other numbers to look at as well, according to Claudio Grass: global negative-yielding bonds stood at $6 trillion at the end of 2018, and now they’re back to nearly $10 trillion. Thus, in addition to the much-touted rally in stocks and commodities, there’s also been a massive rally in negative-yielding bonds.

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The Daily Coin

Rory Hall, The Daily Coin. Beginning in 1987 Rory has written over 1,000 articles and produced more than 300 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Silver Doctors, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Shadow of Truth YouTube channels to enjoy original videos and some of the best economic, precious metals, geopolitical and preparedness news from around the world.